Can I retire at age 40 with 865,000?

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 $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%14.7%
1 years$71,431$70,795$70,174$69,568$68,976$67,639
2 years$35,362$34,703$34,065$33,446$32,846$31,504
3 years$23,340$22,679$22,042$21,429$20,839$19,534
4 years$17,331$16,671$16,041$15,439$14,862$13,605
5 years$13,726$13,071$12,449$11,858$11,298$10,092
6 years$11,324$10,673$10,060$9,483$8,940$7,786
7 years$9,608$8,963$8,360$7,797$7,270$6,169
8 years$8,322$7,683$7,090$6,540$6,032$4,982
9 years$7,323$6,690$6,107$5,571$5,079$4,081
10 years$6,524$5,897$5,324$4,802$4,328$3,381
11 years$5,870$5,249$4,687$4,179$3,722$2,824
12 years$5,326$4,712$4,160$3,666$3,226$2,376
13 years$4,866$4,258$3,716$3,236$2,813$2,010
14 years$4,472$3,870$3,339$2,873$2,466$1,708
15 years$4,131$3,536$3,015$2,562$2,171$1,457
16 years$3,832$3,244$2,733$2,294$1,919$1,247
17 years$3,569$2,987$2,487$2,061$1,701$1,070
18 years$3,336$2,761$2,271$1,858$1,513$920
19 years$3,127$2,558$2,079$1,679$1,348$793
20 years$2,940$2,377$1,908$1,520$1,204$684
21 years$2,770$2,214$1,755$1,380$1,078$591
22 years$2,617$2,067$1,617$1,254$966$512
23 years$2,476$1,933$1,493$1,142$867$443
24 years$2,348$1,811$1,381$1,042$779$384
25 years$2,230$1,700$1,279$952$701$333
26 years$2,121$1,598$1,186$870$632$289
27 years$2,021$1,504$1,102$796$570$251
28 years$1,928$1,417$1,024$730$514$218
29 years$1,841$1,337$953$669$464$190
30 years$1,761$1,262$888$614$419$165
31 years$1,686$1,193$828$564$379$144
32 years$1,615$1,129$772$518$343$125
33 years$1,549$1,069$721$477$310$109
34 years$1,487$1,013$674$439$281$95
35 years$1,429$961$630$404$255$82
36 years$1,374$912$589$372$231$72
37 years$1,322$866$551$343$209$63
38 years$1,273$823$516$316$189$55
39 years$1,227$783$484$291$172$47
40 years$1,183$745$453$269$156$41
41 years$1,141$709$425$248$141$36
42 years$1,101$675$399$229$128$31
43 years$1,064$644$374$211$116$27
44 years$1,028$613$351$195$106$24
45 years$994$585$330$180$96$21
46 years$961$558$310$166$87$18
47 years$930$533$291$154$79$16
48 years$900$508$274$142$72$14
49 years$872$485$257$131$65$12
50 years$845$464$242$121$59$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $865,000, adding $5,666 every year, while hoping to spend $26,889 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: 76/7/17 Blend
39$865,000$865,000$865,000$865,000
40$959,074$913,229$899,822$1,027,890
41$1,028,290$929,368$901,356$1,090,300
42$1,103,665$945,396$902,041$1,154,803
43$1,185,798$961,280$901,819$1,224,799
44$1,275,351$976,983$900,630$1,300,828
45$1,373,048$992,467$898,413$1,383,485
46$1,479,690$1,007,689$895,101$1,473,424
47$1,596,157$1,022,605$890,626$1,571,368
48$1,723,419$1,037,166$884,915$1,678,112
49$1,862,541$1,051,321$877,894$1,794,533
50$2,014,699$1,065,015$869,482$1,921,596
51$2,181,186$1,078,188$859,597$2,060,365
52$2,363,425$1,090,777$848,152$2,212,015
53$2,562,986$1,102,716$835,056$2,377,836
54$2,781,593$1,113,933$820,213$2,559,253
55$3,021,151$1,124,350$803,525$2,757,837
56$3,283,751$1,133,886$784,887$2,975,317
57$3,571,702$1,142,455$764,189$3,213,598
58$3,887,544$1,149,964$741,317$3,474,783
59$4,234,075$1,156,313$716,152$3,761,187
60$4,614,377$1,161,399$688,570$4,075,361
61$5,031,845$1,165,109$658,439$4,420,118
62$5,490,219$1,167,325$625,622$4,798,558
63$5,993,619$1,167,921$589,978$5,214,096
64$6,546,582$1,166,764$551,357$5,670,498
65$7,154,109$1,163,711$509,603$6,171,913
66$7,821,706$1,158,611$464,552$6,722,914
67$8,555,441$1,151,304$416,036$7,328,541
68$9,361,999$1,141,621$363,876$7,994,349
69$10,248,744$1,129,381$307,887$8,726,460
70$11,223,789$1,114,394$247,875$9,531,622
71$12,296,074$1,096,457$183,636$10,417,270
72$13,475,446$1,075,357$114,961$11,391,600
73$14,772,757$1,050,865$41,628$12,463,646
74$16,199,963$1,022,742$0$13,643,362
75$17,770,236$990,733$0$14,948,364
76$19,498,089$954,568$0$16,392,590
77$21,399,516$913,963$0$17,981,854
78$23,492,135$868,616$0$19,730,890
79$25,795,363$818,208$0$21,655,934
80$28,330,591$762,402$0$23,774,880
81$31,121,392$700,840$0$26,107,442
82$34,193,738$633,145$0$28,675,345
83$37,576,250$558,920$0$31,502,530
84$41,300,462$477,742$0$34,615,376
85$45,401,125$389,166$0$38,042,954
86$49,916,527$292,723$0$41,817,298
87$54,888,862$187,916$0$45,973,708
88$60,364,621$74,219$0$50,551,083
89$66,395,037$0$0$55,592,290
90$73,036,561$0$0$61,148,333
91$80,351,402$0$0$67,273,990
92$88,408,108$0$0$74,020,951
93$97,282,214$0$0$81,452,481
94$107,056,959$0$0$89,638,291
95$117,824,065$0$0$98,655,199
96$129,684,605$0$0$108,587,857
97$142,749,958$0$0$119,529,546
98$157,142,859$0$0$131,583,057
99$172,998,557$0$0$144,861,663
100$190,466,091$0$0$159,490,187