Can I retire at age 40 with 869,000?

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 $869,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$71,761$71,122$70,498$69,890$69,295$66,997
2 years$35,525$34,864$34,223$33,601$32,998$30,704
3 years$23,448$22,784$22,144$21,528$20,935$18,719
4 years$17,411$16,749$16,115$15,510$14,931$12,809
5 years$13,790$13,131$12,506$11,913$11,350$9,328
6 years$11,376$10,722$10,107$9,527$8,981$7,060
7 years$9,653$9,005$8,399$7,833$7,304$5,484
8 years$8,361$7,719$7,123$6,571$6,059$4,339
9 years$7,357$6,721$6,135$5,597$5,103$3,480
10 years$6,554$5,924$5,349$4,824$4,348$2,820
11 years$5,897$5,274$4,709$4,199$3,739$2,304
12 years$5,350$4,733$4,179$3,683$3,240$1,894
13 years$4,888$4,278$3,734$3,251$2,826$1,565
14 years$4,492$3,888$3,355$2,886$2,477$1,298
15 years$4,150$3,552$3,029$2,574$2,181$1,081
16 years$3,850$3,259$2,746$2,305$1,928$902
17 years$3,586$3,001$2,499$2,071$1,709$755
18 years$3,351$2,773$2,281$1,866$1,520$632
19 years$3,142$2,570$2,088$1,686$1,355$531
20 years$2,953$2,388$1,916$1,527$1,210$446
21 years$2,783$2,225$1,763$1,386$1,083$375
22 years$2,629$2,077$1,625$1,260$970$316
23 years$2,488$1,942$1,500$1,148$871$266
24 years$2,359$1,820$1,387$1,047$783$225
25 years$2,240$1,708$1,285$956$705$189
26 years$2,131$1,605$1,192$874$635$160
27 years$2,030$1,511$1,107$800$572$135
28 years$1,937$1,423$1,029$733$516$114
29 years$1,850$1,343$957$672$466$96
30 years$1,769$1,268$892$617$421$81
31 years$1,693$1,199$831$567$381$69
32 years$1,623$1,134$776$521$345$58
33 years$1,556$1,074$724$479$312$49
34 years$1,494$1,018$677$441$282$42
35 years$1,435$966$633$406$256$35
36 years$1,380$917$592$374$232$30
37 years$1,328$871$554$344$210$25
38 years$1,279$827$519$317$190$21
39 years$1,232$787$486$292$173$18
40 years$1,188$748$456$270$157$15
41 years$1,146$712$427$249$142$13
42 years$1,106$679$401$230$129$11
43 years$1,069$646$376$212$117$9
44 years$1,032$616$353$196$106$8
45 years$998$588$331$181$96$7
46 years$965$561$311$167$88$6
47 years$934$535$292$154$79$5
48 years$904$511$275$143$72$4
49 years$876$488$258$132$66$3
50 years$848$466$243$122$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $869,000, adding $2,290 every year, while hoping to spend $51,943 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: 82/8/10 Blend
39$869,000$869,000$869,000$869,000
40$960,000$913,943$900,474$1,037,042
41$1,002,653$903,459$875,373$1,077,350
42$1,047,916$890,721$847,690$1,114,479
43$1,096,000$875,563$817,284$1,153,679
44$1,147,136$857,809$784,007$1,195,127
45$1,201,577$837,276$747,704$1,239,020
46$1,259,601$813,765$708,215$1,285,578
47$1,321,509$787,069$665,370$1,335,038
48$1,387,636$756,968$618,992$1,387,664
49$1,458,345$723,229$568,898$1,443,747
50$1,534,034$685,606$514,895$1,503,607
51$1,615,143$643,837$456,781$1,567,598
52$1,702,151$597,648$394,346$1,636,109
53$1,795,584$546,748$327,371$1,709,568
54$1,896,023$490,827$255,627$1,788,450
55$2,004,100$429,560$178,874$1,873,276
56$2,120,514$362,605$96,861$1,964,622
57$2,246,030$289,596$9,330$2,063,122
58$2,381,489$210,150$0$2,169,476
59$2,527,815$123,862$0$2,293,428
60$2,686,025$30,303$0$2,428,503
61$2,857,233$0$0$2,574,675
62$3,042,667$0$0$2,739,262
63$3,243,677$0$0$2,920,580
64$3,461,746$0$0$3,117,304
65$3,698,504$0$0$3,330,906
66$3,955,747$0$0$3,563,008
67$4,235,449$0$0$3,815,394
68$4,539,782$0$0$4,090,025
69$4,871,134$0$0$4,389,060
70$5,232,135$0$0$4,714,876
71$5,625,679$0$0$5,070,086
72$6,054,951$0$0$5,457,567
73$6,523,455$0$0$5,880,487
74$7,035,049$0$0$6,342,332
75$7,593,982$0$0$6,846,939
76$8,204,928$0$0$7,398,533
77$8,873,037$0$0$8,001,766
78$9,603,975$0$0$8,661,759
79$10,403,985$0$0$9,384,151
80$11,279,938$0$0$10,175,152
81$12,239,403$0$0$11,041,601
82$13,290,714$0$0$11,991,028
83$14,443,050$0$0$13,031,726
84$15,706,520$0$0$14,172,831
85$17,092,258$0$0$15,424,402
86$18,612,526$0$0$16,797,521
87$20,280,833$0$0$18,304,393
88$22,112,057$0$0$19,958,461
89$24,122,587$0$0$21,774,536
90$26,330,476$0$0$23,768,930
91$28,755,613$0$0$25,959,614
92$31,419,906$0$0$28,366,384
93$34,347,490$0$0$31,011,051
94$37,564,955$0$0$33,917,639
95$41,101,593$0$0$37,112,618
96$44,989,675$0$0$40,625,150
97$49,264,757$0$0$44,487,361
98$53,966,011$0$0$48,734,650
99$59,136,595$0$0$53,406,013
100$64,824,058$0$0$58,544,419