Can I retire at age 40 with 864,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $864,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$71,348$70,713$70,093$69,488$68,897$67,839
2 years$35,321$34,663$34,026$33,407$32,808$31,745
3 years$23,313$22,653$22,017$21,404$20,815$19,779
4 years$17,311$16,652$16,023$15,421$14,845$13,846
5 years$13,710$13,055$12,434$11,845$11,285$10,324
6 years$11,311$10,661$10,049$9,472$8,930$8,008
7 years$9,597$8,953$8,350$7,788$7,262$6,381
8 years$8,313$7,674$7,082$6,533$6,025$5,183
9 years$7,314$6,682$6,100$5,565$5,074$4,272
10 years$6,516$5,890$5,318$4,797$4,323$3,560
11 years$5,863$5,243$4,682$4,175$3,718$2,993
12 years$5,320$4,706$4,155$3,662$3,222$2,534
13 years$4,860$4,253$3,712$3,233$2,810$2,158
14 years$4,467$3,866$3,335$2,870$2,463$1,846
15 years$4,126$3,531$3,011$2,559$2,168$1,586
16 years$3,828$3,240$2,730$2,291$1,916$1,366
17 years$3,565$2,984$2,484$2,059$1,699$1,181
18 years$3,332$2,757$2,268$1,855$1,511$1,023
19 years$3,124$2,555$2,076$1,677$1,347$888
20 years$2,936$2,375$1,905$1,518$1,203$772
21 years$2,767$2,212$1,753$1,378$1,076$672
22 years$2,614$2,065$1,615$1,253$965$586
23 years$2,474$1,931$1,491$1,141$866$512
24 years$2,345$1,809$1,379$1,041$779$447
25 years$2,228$1,698$1,278$951$701$391
26 years$2,119$1,596$1,185$869$631$342
27 years$2,019$1,502$1,100$795$569$300
28 years$1,926$1,415$1,023$729$513$262
29 years$1,839$1,335$952$668$464$230
30 years$1,759$1,261$887$613$419$202
31 years$1,684$1,192$827$563$379$177
32 years$1,613$1,128$771$518$343$155
33 years$1,547$1,068$720$476$310$136
34 years$1,485$1,012$673$438$281$120
35 years$1,427$960$629$403$254$105
36 years$1,372$911$588$371$230$92
37 years$1,320$865$551$342$209$81
38 years$1,271$823$516$315$189$71
39 years$1,225$782$483$291$172$63
40 years$1,181$744$453$268$156$55
41 years$1,140$708$425$247$141$48
42 years$1,100$675$398$228$128$42
43 years$1,062$643$374$211$116$37
44 years$1,027$613$351$195$106$33
45 years$992$584$329$180$96$29
46 years$960$557$309$166$87$25
47 years$929$532$291$153$79$22
48 years$899$508$273$142$72$20
49 years$871$485$257$131$65$17
50 years$844$463$241$121$59$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $864,000, adding $5,681 every year, while hoping to spend $42,504 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 27/43/30 Blend
39$864,000$864,000$864,000$864,000
40$957,988$912,196$898,804$974,834
41$1,010,479$911,670$883,690$988,526
42$1,066,899$909,693$866,645$999,220
43$1,127,605$906,150$847,560$1,009,853
44$1,192,987$900,918$826,319$1,020,450
45$1,263,475$893,866$802,804$1,031,043
46$1,339,539$884,855$776,888$1,041,670
47$1,421,699$873,740$748,441$1,052,380
48$1,510,523$860,364$717,324$1,063,228
49$1,606,637$844,563$683,395$1,074,282
50$1,710,729$826,161$646,504$1,085,623
51$1,823,556$804,975$606,494$1,097,342
52$1,945,948$780,808$563,201$1,109,548
53$2,078,820$753,453$516,454$1,122,368
54$2,223,178$722,691$466,074$1,135,945
55$2,380,129$688,290$411,874$1,150,447
56$2,550,890$650,004$353,660$1,166,066
57$2,736,800$607,573$291,226$1,183,018
58$2,939,333$560,724$224,362$1,201,553
59$3,160,111$509,165$152,844$1,221,954
60$3,400,919$452,591$76,441$1,244,542
61$3,663,721$390,676$0$1,269,680
62$3,950,680$323,079$0$1,299,411
63$4,264,177$249,437$0$1,358,784
64$4,606,831$169,368$0$1,423,912
65$4,981,530$82,468$0$1,495,471
66$5,391,449$0$0$1,574,214
67$5,840,086$0$0$1,666,507
68$6,331,294$0$0$1,810,419
69$6,869,313$0$0$1,968,190
70$7,458,816$0$0$2,141,206
71$8,104,947$0$0$2,330,996
72$8,813,371$0$0$2,539,243
73$9,590,328$0$0$2,767,801
74$10,442,691$0$0$3,018,714
75$11,378,032$0$0$3,294,230
76$12,404,687$0$0$3,596,829
77$13,531,844$0$0$3,929,240
78$14,769,620$0$0$4,294,472
79$16,129,162$0$0$4,695,837
80$17,622,747$0$0$5,136,987
81$19,263,903$0$0$5,621,942
82$21,067,531$0$0$6,155,134
83$23,050,049$0$0$6,741,443
84$25,229,543$0$0$7,386,248
85$27,625,939$0$0$8,095,475
86$30,261,192$0$0$8,875,651
87$33,159,489$0$0$9,733,970
88$36,347,480$0$0$10,678,357
89$39,854,526$0$0$11,717,545
90$43,712,978$0$0$12,861,154
91$47,958,481$0$0$14,119,787
92$52,630,308$0$0$15,505,125
93$57,771,734$0$0$17,030,038
94$63,430,440$0$0$18,708,709
95$69,658,961$0$0$20,556,765
96$76,515,189$0$0$22,591,426
97$84,062,908$0$0$24,831,665
98$92,372,405$0$0$27,298,390
99$101,521,125$0$0$30,014,638
100$111,594,408$0$0$33,005,796