Can I retire at age 40 with 872,000?

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 $872,000?

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$72,009$71,368$70,742$70,131$69,535$68,186
2 years$35,648$34,984$34,341$33,717$33,112$31,759
3 years$23,529$22,862$22,221$21,603$21,007$19,692
4 years$17,471$16,806$16,171$15,564$14,983$13,715
5 years$13,837$13,176$12,549$11,954$11,390$10,173
6 years$11,415$10,760$10,142$9,560$9,012$7,849
7 years$9,686$9,036$8,428$7,860$7,329$6,219
8 years$8,390$7,745$7,147$6,593$6,080$5,022
9 years$7,382$6,744$6,156$5,616$5,121$4,114
10 years$6,576$5,944$5,367$4,841$4,363$3,408
11 years$5,918$5,292$4,725$4,213$3,752$2,847
12 years$5,369$4,750$4,193$3,696$3,252$2,395
13 years$4,905$4,292$3,746$3,263$2,836$2,026
14 years$4,508$3,902$3,366$2,896$2,486$1,722
15 years$4,164$3,564$3,039$2,583$2,189$1,469
16 years$3,863$3,270$2,756$2,313$1,934$1,257
17 years$3,598$3,012$2,507$2,078$1,715$1,078
18 years$3,363$2,783$2,289$1,873$1,525$927
19 years$3,153$2,579$2,095$1,692$1,359$799
20 years$2,964$2,397$1,923$1,533$1,214$690
21 years$2,793$2,232$1,769$1,391$1,086$596
22 years$2,638$2,084$1,630$1,265$974$516
23 years$2,496$1,949$1,505$1,152$874$447
24 years$2,367$1,826$1,392$1,050$786$387
25 years$2,248$1,714$1,289$959$707$336
26 years$2,139$1,611$1,196$877$637$292
27 years$2,037$1,516$1,110$803$574$253
28 years$1,943$1,428$1,032$736$518$220
29 years$1,856$1,347$961$675$468$191
30 years$1,775$1,272$895$619$423$166
31 years$1,699$1,203$834$569$382$145
32 years$1,628$1,138$778$523$346$126
33 years$1,562$1,078$727$481$313$110
34 years$1,499$1,022$679$442$283$95
35 years$1,440$969$635$407$257$83
36 years$1,385$920$594$375$232$72
37 years$1,333$874$556$345$211$63
38 years$1,283$830$521$318$191$55
39 years$1,236$789$488$294$173$48
40 years$1,192$751$457$271$157$42
41 years$1,150$715$429$250$143$36
42 years$1,110$681$402$231$129$32
43 years$1,072$649$377$213$117$28
44 years$1,036$618$354$196$107$24
45 years$1,002$590$333$181$97$21
46 years$969$563$312$168$88$18
47 years$937$537$293$155$80$16
48 years$907$512$276$143$72$14
49 years$879$489$259$132$66$12
50 years$851$467$244$122$60$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $872,000, adding $5,234 every year, while hoping to spend $52,050 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: 57/32/11 Blend
39$872,000$872,000$872,000$872,000
40$966,343$920,127$906,611$1,018,516
41$1,009,529$909,832$881,602$1,044,055
42$1,055,376$897,289$854,010$1,065,641
43$1,104,099$882,331$823,694$1,087,919
44$1,155,937$864,785$790,507$1,110,961
45$1,211,147$844,464$754,294$1,134,850
46$1,270,013$821,172$714,892$1,159,682
47$1,332,847$794,702$672,134$1,185,562
48$1,399,989$764,833$625,842$1,212,610
49$1,471,811$731,334$575,831$1,240,962
50$1,548,724$693,957$521,909$1,270,771
51$1,631,176$652,443$463,875$1,302,207
52$1,719,659$606,516$401,518$1,335,466
53$1,814,713$555,884$334,618$1,370,762
54$1,916,932$500,241$262,946$1,408,339
55$2,026,966$439,260$186,262$1,448,471
56$2,145,531$372,598$104,316$1,491,462
57$2,273,412$299,892$16,847$1,537,654
58$2,411,471$220,758$0$1,587,430
59$2,560,657$134,791$0$1,650,196
60$2,722,011$41,562$0$1,720,144
61$2,896,678$0$0$1,795,861
62$3,085,918$0$0$1,898,889
63$3,291,114$0$0$2,026,536
64$3,513,788$0$0$2,165,124
65$3,755,616$0$0$2,315,701
66$4,018,437$0$0$2,479,424
67$4,304,278$0$0$2,657,564
68$4,615,368$0$0$2,851,519
69$4,954,159$0$0$3,062,829
70$5,323,349$0$0$3,293,186
71$5,725,908$0$0$3,544,455
72$6,165,105$0$0$3,818,687
73$6,644,538$0$0$4,118,141
74$7,168,166$0$0$4,445,303
75$7,740,350$0$0$4,802,909
76$8,365,889$0$0$5,193,973
77$9,050,067$0$0$5,621,812
78$9,798,704$0$0$6,090,080
79$10,618,206$0$0$6,602,798
80$11,515,629$0$0$7,164,397
81$12,498,741$0$0$7,779,754
82$13,576,098$0$0$8,454,243
83$14,757,125$0$0$9,193,779
84$16,052,198$0$0$10,004,880
85$17,472,749$0$0$10,894,723
86$19,031,368$0$0$11,871,215
87$20,741,923$0$0$12,943,064
88$22,619,689$0$0$14,119,862
89$24,681,492$0$0$15,412,177
90$26,945,870$0$0$16,831,648
91$29,433,240$0$0$18,391,100
92$32,166,098$0$0$20,104,658
93$35,169,222$0$0$21,987,886
94$38,469,914$0$0$24,057,929
95$42,098,250$0$0$26,333,675
96$46,087,365$0$0$28,835,935
97$50,473,765$0$0$31,587,637
98$55,297,671$0$0$34,614,041
99$60,603,395$0$0$37,942,978
100$66,439,763$0$0$41,605,115