Can I retire at age 40 with 871,000?

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 $871,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$71,926$71,286$70,661$70,051$69,455$69,104
2 years$35,607$34,944$34,301$33,678$33,074$32,720
3 years$23,502$22,836$22,195$21,578$20,983$20,637
4 years$17,451$16,787$16,152$15,546$14,965$14,630
5 years$13,821$13,161$12,535$11,941$11,377$11,052
6 years$11,402$10,747$10,130$9,549$9,002$8,689
7 years$9,675$9,025$8,418$7,851$7,321$7,020
8 years$8,380$7,736$7,139$6,586$6,073$5,785
9 years$7,374$6,736$6,149$5,610$5,115$4,838
10 years$6,569$5,937$5,361$4,836$4,358$4,093
11 years$5,911$5,286$4,720$4,208$3,748$3,495
12 years$5,363$4,744$4,189$3,691$3,248$3,006
13 years$4,900$4,287$3,742$3,259$2,832$2,601
14 years$4,503$3,897$3,362$2,893$2,483$2,263
15 years$4,159$3,560$3,036$2,580$2,186$1,977
16 years$3,859$3,266$2,752$2,310$1,932$1,733
17 years$3,594$3,008$2,505$2,076$1,713$1,524
18 years$3,359$2,780$2,286$1,870$1,523$1,344
19 years$3,149$2,576$2,093$1,690$1,358$1,188
20 years$2,960$2,394$1,921$1,531$1,213$1,052
21 years$2,790$2,230$1,767$1,389$1,085$933
22 years$2,635$2,081$1,628$1,263$973$829
23 years$2,494$1,947$1,504$1,150$873$738
24 years$2,364$1,824$1,391$1,049$785$657
25 years$2,246$1,712$1,288$958$706$586
26 years$2,136$1,609$1,194$876$636$523
27 years$2,035$1,514$1,109$802$574$467
28 years$1,941$1,427$1,031$735$518$417
29 years$1,854$1,346$960$674$467$373
30 years$1,773$1,271$894$618$422$334
31 years$1,697$1,202$833$568$382$299
32 years$1,626$1,137$777$522$345$268
33 years$1,560$1,077$726$480$313$240
34 years$1,497$1,020$678$442$283$215
35 years$1,439$968$634$407$256$193
36 years$1,383$919$593$374$232$173
37 years$1,331$873$555$345$210$155
38 years$1,282$829$520$318$191$139
39 years$1,235$788$487$293$173$125
40 years$1,191$750$457$270$157$112
41 years$1,149$714$428$249$142$101
42 years$1,109$680$402$230$129$91
43 years$1,071$648$377$213$117$81
44 years$1,035$618$354$196$106$73
45 years$1,000$589$332$181$97$66
46 years$968$562$312$167$88$59
47 years$936$536$293$155$80$53
48 years$906$512$275$143$72$48
49 years$878$489$259$132$66$43
50 years$850$467$243$122$60$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $871,000, adding $2,767 every year, while hoping to spend $55,222 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: 48/46/6 Blend
39$871,000$871,000$871,000$871,000
40$962,696$916,533$903,033$1,007,279
41$1,002,135$902,688$874,528$1,024,221
42$1,043,747$886,313$843,219$1,036,525
43$1,087,693$867,226$808,951$1,048,576
44$1,134,153$845,235$771,566$1,060,366
45$1,183,320$820,136$730,897$1,071,890
46$1,235,407$791,711$686,770$1,083,144
47$1,290,646$759,732$639,005$1,094,128
48$1,349,290$723,957$587,409$1,104,850
49$1,411,616$684,129$531,786$1,115,319
50$1,477,927$639,978$471,927$1,125,553
51$1,548,555$591,216$407,616$1,135,575
52$1,623,864$537,542$338,627$1,145,418
53$1,704,251$478,634$264,724$1,155,122
54$1,790,151$414,154$185,659$1,164,741
55$1,882,044$343,745$101,176$1,174,338
56$1,980,453$267,029$11,006$1,183,992
57$2,085,952$183,606$0$1,193,798
58$2,199,172$93,056$0$1,209,322
59$2,320,805$0$0$1,226,349
60$2,451,611$0$0$1,246,913
61$2,592,421$0$0$1,319,824
62$2,744,153$0$0$1,398,464
63$2,907,812$0$0$1,483,360
64$3,084,502$0$0$1,575,098
65$3,275,438$0$0$1,674,316
66$3,481,953$0$0$1,781,719
67$3,705,514$0$0$1,898,081
68$3,947,733$0$0$2,024,252
69$4,210,382$0$0$2,161,169
70$4,495,410$0$0$2,309,860
71$4,804,962$0$0$2,471,457
72$5,141,396$0$0$2,647,207
73$5,507,305$0$0$2,838,478
74$5,905,543$0$0$3,046,778
75$6,339,251$0$0$3,273,766
76$6,811,885$0$0$3,521,268
77$7,327,248$0$0$3,791,293
78$7,889,525$0$0$4,086,052
79$8,503,323$0$0$4,407,981
80$9,173,714$0$0$4,759,758
81$9,906,282$0$0$5,144,334
82$10,707,172$0$0$5,564,959
83$11,583,152$0$0$6,025,208
84$12,541,673$0$0$6,529,020
85$13,590,940$0$0$7,080,732
86$14,739,988$0$0$7,685,120
87$15,998,766$0$0$8,347,443
88$17,378,231$0$0$9,073,495
89$18,890,451$0$0$9,869,653
90$20,548,716$0$0$10,742,946
91$22,367,665$0$0$11,701,112
92$24,363,419$0$0$12,752,676
93$26,553,740$0$0$13,907,028
94$28,958,189$0$0$15,174,512
95$31,598,315$0$0$16,566,522
96$34,497,855$0$0$18,095,610
97$37,682,959$0$0$19,775,602
98$41,182,432$0$0$21,621,732
99$45,028,009$0$0$23,650,782
100$49,254,651$0$0$25,881,239