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%13.5%
1 years$71,348$70,713$70,093$69,488$68,897$67,895
2 years$35,321$34,663$34,026$33,407$32,808$31,801
3 years$23,313$22,653$22,017$21,404$20,815$19,834
4 years$17,311$16,652$16,023$15,421$14,845$13,898
5 years$13,710$13,055$12,434$11,845$11,285$10,374
6 years$11,311$10,661$10,049$9,472$8,930$8,055
7 years$9,597$8,953$8,350$7,788$7,262$6,426
8 years$8,313$7,674$7,082$6,533$6,025$5,226
9 years$7,314$6,682$6,100$5,565$5,074$4,312
10 years$6,516$5,890$5,318$4,797$4,323$3,598
11 years$5,863$5,243$4,682$4,175$3,718$3,028
12 years$5,320$4,706$4,155$3,662$3,222$2,567
13 years$4,860$4,253$3,712$3,233$2,810$2,189
14 years$4,467$3,866$3,335$2,870$2,463$1,875
15 years$4,126$3,531$3,011$2,559$2,168$1,613
16 years$3,828$3,240$2,730$2,291$1,916$1,392
17 years$3,565$2,984$2,484$2,059$1,699$1,205
18 years$3,332$2,757$2,268$1,855$1,511$1,045
19 years$3,124$2,555$2,076$1,677$1,347$908
20 years$2,936$2,375$1,905$1,518$1,203$791
21 years$2,767$2,212$1,753$1,378$1,076$690
22 years$2,614$2,065$1,615$1,253$965$602
23 years$2,474$1,931$1,491$1,141$866$527
24 years$2,345$1,809$1,379$1,041$779$461
25 years$2,228$1,698$1,278$951$701$404
26 years$2,119$1,596$1,185$869$631$354
27 years$2,019$1,502$1,100$795$569$310
28 years$1,926$1,415$1,023$729$513$272
29 years$1,839$1,335$952$668$464$239
30 years$1,759$1,261$887$613$419$210
31 years$1,684$1,192$827$563$379$184
32 years$1,613$1,128$771$518$343$162
33 years$1,547$1,068$720$476$310$143
34 years$1,485$1,012$673$438$281$125
35 years$1,427$960$629$403$254$110
36 years$1,372$911$588$371$230$97
37 years$1,320$865$551$342$209$85
38 years$1,271$823$516$315$189$75
39 years$1,225$782$483$291$172$66
40 years$1,181$744$453$268$156$58
41 years$1,140$708$425$247$141$51
42 years$1,100$675$398$228$128$45
43 years$1,062$643$374$211$116$40
44 years$1,027$613$351$195$106$35
45 years$992$584$329$180$96$31
46 years$960$557$309$166$87$27
47 years$929$532$291$153$79$24
48 years$899$508$273$142$72$21
49 years$871$485$257$131$65$19
50 years$844$463$241$121$59$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $864,000, adding $5,990 every year, while hoping to spend $26,936 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: 26/49/25 Blend
39$864,000$864,000$864,000$864,000
40$958,307$912,515$899,123$975,563
41$1,027,394$928,568$900,584$1,006,039
42$1,102,626$944,506$901,191$1,035,996
43$1,184,600$960,293$900,887$1,067,575
44$1,273,975$975,893$899,612$1,100,928
45$1,371,476$991,266$897,304$1,136,228
46$1,477,899$1,006,371$893,897$1,173,665
47$1,594,123$1,021,162$889,321$1,213,448
48$1,721,115$1,035,591$883,505$1,255,811
49$1,859,939$1,049,604$876,372$1,301,013
50$2,011,765$1,063,147$867,843$1,349,340
51$2,177,884$1,076,161$857,835$1,401,110
52$2,359,717$1,088,581$846,260$1,456,674
53$2,558,826$1,100,339$833,028$1,516,423
54$2,776,935$1,111,365$818,043$1,580,788
55$3,015,939$1,121,579$801,205$1,650,247
56$3,277,929$1,130,900$782,409$1,725,329
57$3,565,204$1,139,240$761,546$1,806,620
58$3,880,298$1,146,506$738,501$1,894,769
59$4,226,002$1,152,599$713,155$1,990,493
60$4,605,391$1,157,412$685,382$2,094,587
61$5,021,849$1,160,834$655,051$2,207,929
62$5,479,108$1,162,745$622,025$2,331,490
63$5,981,275$1,163,018$586,161$2,466,347
64$6,532,878$1,161,519$547,310$2,613,689
65$7,138,901$1,158,103$505,315$2,774,829
66$7,804,839$1,152,620$460,013$2,951,222
67$8,536,742$1,144,907$411,232$3,144,474
68$9,341,277$1,134,795$358,796$3,356,363
69$10,225,789$1,122,102$302,517$3,588,851
70$11,198,369$1,106,635$242,202$3,844,107
71$12,267,934$1,088,191$177,647$4,124,530
72$13,444,305$1,066,555$108,640$4,432,768
73$14,738,305$1,041,497$34,960$4,771,746
74$16,161,858$1,012,776$0$5,144,699
75$17,728,100$980,135$0$5,566,845
76$19,451,508$943,303$0$6,041,187
77$21,348,031$901,993$0$6,562,811
78$23,435,241$855,902$0$7,136,598
79$25,732,503$804,709$0$7,767,928
80$28,261,152$748,073$0$8,462,740
81$31,044,697$685,636$0$9,227,584
82$34,109,042$617,018$0$10,069,688
83$37,482,730$541,819$0$10,997,021
84$41,197,214$459,613$0$12,018,378
85$45,287,149$369,953$0$13,143,457
86$49,790,724$272,367$0$14,382,956
87$54,750,019$166,353$0$15,748,674
88$60,211,402$51,386$0$17,253,625
89$66,225,967$0$0$18,912,161
90$72,850,018$0$0$20,779,523
91$80,145,596$0$0$22,866,908
92$88,181,066$0$0$25,166,194
93$97,031,764$0$0$27,698,963
94$106,780,704$0$0$30,488,998
95$117,519,364$0$0$33,562,506
96$129,348,549$0$0$36,948,366
97$142,379,341$0$0$40,678,403
98$156,734,146$0$0$44,787,683
99$172,547,854$0$0$49,314,854
100$189,969,104$0$0$54,302,498