Can I retire at age 40 with 865,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $865,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$71,431$70,795$70,174$69,568$68,976$66,662
2 years$35,362$34,703$34,065$33,446$32,846$30,537
3 years$23,340$22,679$22,042$21,429$20,839$18,608
4 years$17,331$16,671$16,041$15,439$14,862$12,726
5 years$13,726$13,071$12,449$11,858$11,298$9,263
6 years$11,324$10,673$10,060$9,483$8,940$7,007
7 years$9,608$8,963$8,360$7,797$7,270$5,440
8 years$8,322$7,683$7,090$6,540$6,032$4,302
9 years$7,323$6,690$6,107$5,571$5,079$3,448
10 years$6,524$5,897$5,324$4,802$4,328$2,793
11 years$5,870$5,249$4,687$4,179$3,722$2,280
12 years$5,326$4,712$4,160$3,666$3,226$1,873
13 years$4,866$4,258$3,716$3,236$2,813$1,547
14 years$4,472$3,870$3,339$2,873$2,466$1,282
15 years$4,131$3,536$3,015$2,562$2,171$1,066
16 years$3,832$3,244$2,733$2,294$1,919$889
17 years$3,569$2,987$2,487$2,061$1,701$743
18 years$3,336$2,761$2,271$1,858$1,513$623
19 years$3,127$2,558$2,079$1,679$1,348$522
20 years$2,940$2,377$1,908$1,520$1,204$438
21 years$2,770$2,214$1,755$1,380$1,078$369
22 years$2,617$2,067$1,617$1,254$966$310
23 years$2,476$1,933$1,493$1,142$867$261
24 years$2,348$1,811$1,381$1,042$779$220
25 years$2,230$1,700$1,279$952$701$185
26 years$2,121$1,598$1,186$870$632$156
27 years$2,021$1,504$1,102$796$570$132
28 years$1,928$1,417$1,024$730$514$111
29 years$1,841$1,337$953$669$464$94
30 years$1,761$1,262$888$614$419$79
31 years$1,686$1,193$828$564$379$67
32 years$1,615$1,129$772$518$343$57
33 years$1,549$1,069$721$477$310$48
34 years$1,487$1,013$674$439$281$40
35 years$1,429$961$630$404$255$34
36 years$1,374$912$589$372$231$29
37 years$1,322$866$551$343$209$24
38 years$1,273$823$516$316$189$21
39 years$1,227$783$484$291$172$17
40 years$1,183$745$453$269$156$15
41 years$1,141$709$425$248$141$12
42 years$1,101$675$399$229$128$11
43 years$1,064$644$374$211$116$9
44 years$1,028$613$351$195$106$8
45 years$994$585$330$180$96$6
46 years$961$558$310$166$87$5
47 years$930$533$291$154$79$5
48 years$900$508$274$142$72$4
49 years$872$485$257$131$65$3
50 years$845$464$242$121$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $865,000, adding $4,180 every year, while hoping to spend $31,404 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: 54/27/19 Blend
39$865,000$865,000$865,000$865,000
40$957,542$911,697$898,289$1,004,104
41$1,021,797$922,956$894,968$1,047,696
42$1,091,554$933,715$890,484$1,091,452
43$1,167,341$943,915$884,763$1,138,398
44$1,249,738$953,495$877,731$1,188,847
45$1,339,385$962,390$869,308$1,243,145
46$1,436,984$970,528$859,411$1,301,675
47$1,543,308$977,837$847,954$1,364,859
48$1,659,211$984,235$834,845$1,433,163
49$1,785,627$989,640$819,990$1,507,102
50$1,923,589$993,960$803,287$1,587,245
51$2,074,232$997,101$784,634$1,674,220
52$2,238,805$998,960$763,921$1,768,720
53$2,418,684$999,430$741,033$1,871,512
54$2,615,383$998,396$715,851$1,983,441
55$2,830,571$995,736$688,251$2,105,439
56$3,066,083$991,321$658,101$2,238,538
57$3,323,942$985,014$625,266$2,383,875
58$3,606,373$976,669$589,601$2,542,707
59$3,915,829$966,131$550,958$2,716,418
60$4,255,010$953,238$509,182$2,906,540
61$4,626,890$937,816$464,109$3,114,761
62$5,034,744$919,681$415,568$3,342,946
63$5,482,181$898,638$363,383$3,593,150
64$5,973,175$874,482$307,367$3,867,644
65$6,512,101$846,995$247,326$4,168,934
66$7,103,783$815,945$183,059$4,499,783
67$7,753,530$781,088$114,353$4,863,242
68$8,467,195$742,165$40,989$5,262,675
69$9,251,221$698,904$0$5,701,796
70$10,112,710$651,015$0$6,192,264
71$11,059,484$598,192$0$6,740,394
72$12,100,160$540,112$0$7,342,904
73$13,244,232$476,433$0$8,005,348
74$14,502,159$406,794$0$8,733,846
75$15,885,467$330,814$0$9,535,148
76$17,406,850$248,089$0$10,416,695
77$19,080,298$158,195$0$11,386,691
78$20,921,223$60,681$0$12,454,178
79$22,946,607$0$0$13,629,129
80$25,175,159$0$0$14,935,882
81$27,627,496$0$0$16,393,790
82$30,326,332$0$0$17,998,340
83$33,296,695$0$0$19,764,424
84$36,566,164$0$0$21,708,451
85$40,165,124$0$0$23,848,503
86$44,127,058$0$0$26,204,503
87$48,488,860$0$0$28,798,403
88$53,291,182$0$0$31,654,394
89$58,578,820$0$0$34,799,131
90$64,401,133$0$0$38,261,984
91$70,812,510$0$0$42,075,318
92$77,872,886$0$0$46,274,797
93$85,648,301$0$0$50,899,719
94$94,211,529$0$0$55,993,386
95$103,642,759$0$0$61,603,518
96$114,030,358$0$0$67,782,695
97$125,471,696$0$0$74,588,860
98$138,074,073$0$0$82,085,862
99$151,955,728$0$0$90,344,061
100$167,246,951$0$0$99,440,986