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%11.6%
1 years$71,431$70,795$70,174$69,568$68,976$68,513
2 years$35,362$34,703$34,065$33,446$32,846$32,378
3 years$23,340$22,679$22,042$21,429$20,839$20,382
4 years$17,331$16,671$16,041$15,439$14,862$14,420
5 years$13,726$13,071$12,449$11,858$11,298$10,871
6 years$11,324$10,673$10,060$9,483$8,940$8,528
7 years$9,608$8,963$8,360$7,797$7,270$6,875
8 years$8,322$7,683$7,090$6,540$6,032$5,652
9 years$7,323$6,690$6,107$5,571$5,079$4,716
10 years$6,524$5,897$5,324$4,802$4,328$3,980
11 years$5,870$5,249$4,687$4,179$3,722$3,390
12 years$5,326$4,712$4,160$3,666$3,226$2,909
13 years$4,866$4,258$3,716$3,236$2,813$2,511
14 years$4,472$3,870$3,339$2,873$2,466$2,178
15 years$4,131$3,536$3,015$2,562$2,171$1,898
16 years$3,832$3,244$2,733$2,294$1,919$1,659
17 years$3,569$2,987$2,487$2,061$1,701$1,455
18 years$3,336$2,761$2,271$1,858$1,513$1,280
19 years$3,127$2,558$2,079$1,679$1,348$1,128
20 years$2,940$2,377$1,908$1,520$1,204$996
21 years$2,770$2,214$1,755$1,380$1,078$881
22 years$2,617$2,067$1,617$1,254$966$780
23 years$2,476$1,933$1,493$1,142$867$692
24 years$2,348$1,811$1,381$1,042$779$615
25 years$2,230$1,700$1,279$952$701$546
26 years$2,121$1,598$1,186$870$632$486
27 years$2,021$1,504$1,102$796$570$433
28 years$1,928$1,417$1,024$730$514$386
29 years$1,841$1,337$953$669$464$344
30 years$1,761$1,262$888$614$419$307
31 years$1,686$1,193$828$564$379$274
32 years$1,615$1,129$772$518$343$244
33 years$1,549$1,069$721$477$310$218
34 years$1,487$1,013$674$439$281$195
35 years$1,429$961$630$404$255$174
36 years$1,374$912$589$372$231$156
37 years$1,322$866$551$343$209$139
38 years$1,273$823$516$316$189$125
39 years$1,227$783$484$291$172$112
40 years$1,183$745$453$269$156$100
41 years$1,141$709$425$248$141$89
42 years$1,101$675$399$229$128$80
43 years$1,064$644$374$211$116$72
44 years$1,028$613$351$195$106$64
45 years$994$585$330$180$96$57
46 years$961$558$310$166$87$51
47 years$930$533$291$154$79$46
48 years$900$508$274$142$72$41
49 years$872$485$257$131$65$37
50 years$845$464$242$121$59$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $865,000, adding $2,570 every year, while hoping to spend $23,050 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$865,000$865,000$865,000$865,000
40$955,881$910,036$896,628$973,157
41$1,028,856$930,103$902,140$1,007,405
42$1,108,502$950,380$907,065$1,041,966
43$1,195,474$970,854$911,357$1,078,565
44$1,290,496$991,510$914,971$1,117,390
45$1,394,363$1,012,330$917,858$1,158,647
46$1,507,949$1,033,295$919,968$1,202,565
47$1,632,218$1,054,385$921,246$1,249,395
48$1,768,233$1,075,579$921,636$1,299,415
49$1,917,162$1,096,851$921,079$1,352,933
50$2,080,291$1,118,175$919,514$1,410,287
51$2,259,038$1,139,523$916,875$1,471,853
52$2,454,963$1,160,863$913,094$1,538,044
53$2,669,787$1,182,163$908,100$1,609,317
54$2,905,401$1,203,385$901,817$1,686,177
55$3,163,892$1,224,491$894,169$1,769,180
56$3,447,557$1,245,439$885,071$1,858,943
57$3,758,925$1,266,183$874,438$1,956,144
58$4,100,784$1,286,674$862,180$2,061,533
59$4,476,204$1,306,861$848,203$2,175,941
60$4,888,566$1,326,686$832,407$2,300,280
61$5,341,597$1,346,091$814,690$2,435,560
62$5,839,400$1,365,010$794,942$2,582,898
63$6,386,498$1,383,374$773,052$2,743,523
64$6,987,871$1,401,110$748,899$2,918,794
65$7,649,007$1,418,138$722,361$3,110,212
66$8,375,954$1,434,374$693,308$3,319,431
67$9,175,371$1,449,728$661,603$3,548,280
68$10,054,598$1,464,105$627,107$3,798,774
69$11,021,722$1,477,401$589,670$4,073,141
70$12,085,652$1,489,507$549,138$4,373,837
71$13,256,203$1,500,308$505,349$4,703,573
72$14,544,192$1,509,679$458,134$5,065,341
73$15,961,535$1,517,489$407,317$5,462,442
74$17,521,363$1,523,597$352,714$5,898,518
75$19,238,144$1,527,855$294,131$6,377,589
76$21,127,818$1,530,104$231,368$6,904,089
77$23,207,952$1,530,176$164,216$7,482,910
78$25,497,901$1,527,892$92,454$8,119,449
79$28,018,990$1,523,062$15,855$8,819,661
80$30,794,720$1,515,484$0$9,590,113
81$33,850,985$1,504,947$0$10,455,627
82$37,216,317$1,491,221$0$11,412,275
83$40,922,159$1,474,068$0$12,464,706
84$45,003,154$1,453,232$0$13,622,716
85$49,497,479$1,428,444$0$14,897,104
86$54,447,201$1,399,418$0$16,299,775
87$59,898,676$1,365,849$0$17,843,855
88$65,902,984$1,327,419$0$19,543,814
89$72,516,413$1,283,787$0$21,415,604
90$79,800,988$1,234,593$0$23,476,812
91$87,825,059$1,179,458$0$25,746,824
92$96,663,942$1,117,979$0$28,247,014
93$106,400,635$1,049,731$0$31,000,941
94$117,126,594$974,263$0$34,034,579
95$128,942,605$891,099$0$37,376,558
96$141,959,724$799,737$0$41,058,439
97$156,300,337$699,645$0$45,115,015
98$172,099,305$590,261$0$49,584,636
99$189,505,242$470,991$0$54,509,576
100$208,681,916$341,210$0$59,936,437