Can I retire at age 40 with 867,000?

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 $867,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$71,596$70,958$70,336$69,729$69,136$66,630
2 years$35,444$34,783$34,144$33,523$32,922$30,425
3 years$23,394$22,731$22,093$21,479$20,887$18,477
4 years$17,371$16,710$16,078$15,474$14,897$12,592
5 years$13,758$13,101$12,477$11,886$11,324$9,132
6 years$11,350$10,698$10,084$9,505$8,961$6,881
7 years$9,631$8,984$8,379$7,815$7,287$5,321
8 years$8,342$7,701$7,106$6,556$6,046$4,190
9 years$7,340$6,705$6,121$5,584$5,091$3,344
10 years$6,539$5,910$5,336$4,813$4,338$2,697
11 years$5,884$5,261$4,698$4,189$3,731$2,192
12 years$5,338$4,722$4,169$3,674$3,233$1,792
13 years$4,877$4,268$3,725$3,244$2,819$1,473
14 years$4,482$3,879$3,347$2,880$2,471$1,215
15 years$4,140$3,544$3,022$2,568$2,176$1,006
16 years$3,841$3,251$2,740$2,299$1,923$834
17 years$3,578$2,994$2,493$2,066$1,705$694
18 years$3,344$2,767$2,276$1,862$1,516$578
19 years$3,135$2,564$2,083$1,682$1,351$482
20 years$2,947$2,383$1,912$1,524$1,207$403
21 years$2,777$2,220$1,759$1,383$1,080$337
22 years$2,623$2,072$1,621$1,257$968$282
23 years$2,482$1,938$1,497$1,145$869$236
24 years$2,353$1,816$1,384$1,044$781$198
25 years$2,235$1,704$1,282$954$703$166
26 years$2,126$1,601$1,189$872$633$139
27 years$2,026$1,507$1,104$798$571$117
28 years$1,932$1,420$1,026$731$515$98
29 years$1,846$1,340$955$671$465$82
30 years$1,765$1,265$890$616$420$69
31 years$1,689$1,196$829$565$380$58
32 years$1,619$1,132$774$520$344$49
33 years$1,553$1,072$723$478$311$41
34 years$1,491$1,016$675$440$282$34
35 years$1,432$963$631$405$255$29
36 years$1,377$914$590$373$231$24
37 years$1,325$868$553$343$209$20
38 years$1,276$825$518$316$190$17
39 years$1,229$785$485$292$172$14
40 years$1,185$747$454$269$156$12
41 years$1,144$711$426$248$142$10
42 years$1,104$677$400$229$129$9
43 years$1,066$645$375$212$117$7
44 years$1,030$615$352$195$106$6
45 years$996$586$331$180$96$5
46 years$963$559$311$167$87$4
47 years$932$534$292$154$79$4
48 years$902$510$274$142$72$3
49 years$874$487$258$131$65$3
50 years$846$465$242$122$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $867,000, adding $2,500 every year, while hoping to spend $29,559 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: 69/15/16 Blend
39$867,000$867,000$867,000$867,000
40$958,013$912,062$898,623$1,020,349
41$1,024,280$925,302$897,277$1,075,425
42$1,096,315$938,201$894,894$1,131,917
43$1,174,676$950,709$891,410$1,192,978
44$1,259,975$962,777$886,755$1,259,055
45$1,352,888$974,349$880,857$1,330,640
46$1,454,157$985,366$873,639$1,408,276
47$1,564,598$995,766$865,023$1,492,561
48$1,685,111$1,005,482$854,925$1,584,154
49$1,816,685$1,014,443$843,258$1,683,784
50$1,960,410$1,022,574$829,931$1,792,251
51$2,117,485$1,029,794$814,847$1,910,438
52$2,289,231$1,036,016$797,907$2,039,320
53$2,477,102$1,041,150$779,006$2,179,972
54$2,682,698$1,045,098$758,034$2,333,576
55$2,907,783$1,047,757$734,877$2,501,438
56$3,154,296$1,049,017$709,415$2,684,997
57$3,424,377$1,048,761$681,523$2,885,839
58$3,720,378$1,046,865$651,069$3,105,713
59$4,044,893$1,043,198$617,916$3,346,549
60$4,400,777$1,037,620$581,922$3,610,470
61$4,791,176$1,029,983$542,935$3,899,821
62$5,219,553$1,020,129$500,801$4,217,186
63$5,689,724$1,007,892$455,355$4,565,412
64$6,205,893$993,096$406,426$4,947,640
65$6,772,689$975,553$353,836$5,367,332
66$7,395,213$955,065$297,399$5,828,304
67$8,079,083$931,421$236,921$6,334,763
68$8,830,490$904,401$172,197$6,891,347
69$9,656,250$873,767$103,017$7,503,169
70$10,563,878$839,272$29,158$8,175,866
71$11,561,648$800,651$0$8,915,651
72$12,658,679$757,625$0$9,737,851
73$13,865,016$709,901$0$10,647,403
74$15,191,726$657,165$0$11,647,689
75$16,651,004$599,088$0$12,747,930
76$18,256,285$535,321$0$13,958,286
77$20,022,371$465,497$0$15,289,954
78$21,965,572$389,225$0$16,755,275
79$24,103,858$306,095$0$18,367,848
80$26,457,030$215,673$0$20,142,660
81$29,046,906$117,499$0$22,096,228
82$31,897,523$11,089$0$24,246,755
83$35,035,369$0$0$26,614,300
84$38,489,632$0$0$29,238,148
85$42,292,469$0$0$32,128,849
86$46,479,319$0$0$35,311,517
87$51,089,227$0$0$38,815,840
88$56,165,220$0$0$42,674,535
89$61,754,708$0$0$46,923,650
90$67,909,934$0$0$51,602,909
91$74,688,465$0$0$56,756,083
92$82,153,735$0$0$62,431,406
93$90,375,644$0$0$68,682,027
94$99,431,219$0$0$75,566,514
95$109,405,335$0$0$83,149,404
96$120,391,524$0$0$91,501,816
97$132,492,850$0$0$100,702,115
98$145,822,885$0$0$110,836,658
99$160,506,779$0$0$122,000,608
100$176,682,445$0$0$134,298,826