Can I retire at age 40 with 872,000?

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 $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%15.2%
1 years$72,009$71,368$70,742$70,131$69,535$68,047
2 years$35,648$34,984$34,341$33,717$33,112$31,620
3 years$23,529$22,862$22,221$21,603$21,007$19,559
4 years$17,471$16,806$16,171$15,564$14,983$13,588
5 years$13,837$13,176$12,549$11,954$11,390$10,053
6 years$11,415$10,760$10,142$9,560$9,012$7,734
7 years$9,686$9,036$8,428$7,860$7,329$6,111
8 years$8,390$7,745$7,147$6,593$6,080$4,921
9 years$7,382$6,744$6,156$5,616$5,121$4,019
10 years$6,576$5,944$5,367$4,841$4,363$3,319
11 years$5,918$5,292$4,725$4,213$3,752$2,764
12 years$5,369$4,750$4,193$3,696$3,252$2,318
13 years$4,905$4,292$3,746$3,263$2,836$1,954
14 years$4,508$3,902$3,366$2,896$2,486$1,655
15 years$4,164$3,564$3,039$2,583$2,189$1,407
16 years$3,863$3,270$2,756$2,313$1,934$1,200
17 years$3,598$3,012$2,507$2,078$1,715$1,026
18 years$3,363$2,783$2,289$1,873$1,525$879
19 years$3,153$2,579$2,095$1,692$1,359$754
20 years$2,964$2,397$1,923$1,533$1,214$649
21 years$2,793$2,232$1,769$1,391$1,086$558
22 years$2,638$2,084$1,630$1,265$974$481
23 years$2,496$1,949$1,505$1,152$874$415
24 years$2,367$1,826$1,392$1,050$786$359
25 years$2,248$1,714$1,289$959$707$310
26 years$2,139$1,611$1,196$877$637$268
27 years$2,037$1,516$1,110$803$574$232
28 years$1,943$1,428$1,032$736$518$201
29 years$1,856$1,347$961$675$468$174
30 years$1,775$1,272$895$619$423$150
31 years$1,699$1,203$834$569$382$130
32 years$1,628$1,138$778$523$346$113
33 years$1,562$1,078$727$481$313$98
34 years$1,499$1,022$679$442$283$85
35 years$1,440$969$635$407$257$74
36 years$1,385$920$594$375$232$64
37 years$1,333$874$556$345$211$55
38 years$1,283$830$521$318$191$48
39 years$1,236$789$488$294$173$42
40 years$1,192$751$457$271$157$36
41 years$1,150$715$429$250$143$31
42 years$1,110$681$402$231$129$27
43 years$1,072$649$377$213$117$24
44 years$1,036$618$354$196$107$20
45 years$1,002$590$333$181$97$18
46 years$969$563$312$168$88$15
47 years$937$537$293$155$80$13
48 years$907$512$276$143$72$12
49 years$879$489$259$132$66$10
50 years$851$467$244$122$60$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $872,000, adding $6,264 every year, while hoping to spend $28,635 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: 45/44/11 Blend
39$872,000$872,000$872,000$872,000
40$967,405$921,189$907,673$1,007,650
41$1,035,613$935,860$907,613$1,050,866
42$1,109,819$950,290$906,591$1,094,277
43$1,190,603$964,437$904,545$1,140,705
44$1,278,606$978,256$901,409$1,190,441
45$1,374,533$991,700$897,114$1,243,802
46$1,479,157$1,004,715$891,589$1,301,142
47$1,593,332$1,017,247$884,759$1,362,849
48$1,717,997$1,029,237$876,544$1,429,353
49$1,854,186$1,040,623$866,861$1,501,128
50$2,003,036$1,051,336$855,623$1,578,697
51$2,165,800$1,061,306$842,741$1,662,639
52$2,343,856$1,070,455$828,118$1,753,591
53$2,538,725$1,078,703$811,656$1,852,258
54$2,752,078$1,085,963$793,249$1,959,417
55$2,985,757$1,092,142$772,790$2,075,927
56$3,241,790$1,097,142$750,163$2,202,734
57$3,522,409$1,100,859$725,251$2,340,885
58$3,830,076$1,103,181$697,927$2,491,535
59$4,167,498$1,103,992$668,063$2,655,958
60$4,537,660$1,103,165$635,520$2,835,559
61$4,943,849$1,100,567$600,157$3,031,892
62$5,389,684$1,096,058$561,825$3,246,669
63$5,879,154$1,089,487$520,369$3,481,782
64$6,416,651$1,080,695$475,624$3,739,318
65$7,007,014$1,069,514$427,422$4,021,577
66$7,655,574$1,055,764$375,585$4,331,103
67$8,368,203$1,039,257$319,928$4,670,697
68$9,151,370$1,019,792$260,257$5,043,455
69$10,012,204$997,155$196,369$5,452,789
70$10,958,555$971,122$128,054$5,902,465
71$11,999,075$941,455$55,091$6,396,639
72$13,143,295$907,900$0$6,939,893
73$14,401,715$870,191$0$7,539,959
74$15,785,905$828,045$0$8,206,816
75$17,308,611$781,164$0$8,940,174
76$18,983,879$729,230$0$9,746,851
77$20,827,182$671,910$0$10,634,368
78$22,855,571$608,849$0$11,611,015
79$25,087,832$539,676$0$12,685,937
80$27,544,665$463,994$0$13,869,216
81$30,248,878$381,387$0$15,171,970
82$33,225,602$291,414$0$16,606,459
83$36,502,529$193,609$0$18,186,199
84$40,110,173$87,482$0$19,926,094
85$44,082,154$0$0$21,842,580
86$48,455,521$0$0$23,967,082
87$53,271,096$0$0$26,353,172
88$58,573,863$0$0$28,980,799
89$64,413,389$0$0$31,874,542
90$70,844,294$0$0$35,061,484
91$77,926,765$0$0$38,571,470
92$85,727,123$0$0$42,437,387
93$94,318,450$0$0$46,695,473
94$103,781,278$0$0$51,385,662
95$114,204,348$0$0$56,551,959
96$125,685,449$0$0$62,242,855
97$138,332,338$0$0$68,511,784
98$152,263,760$0$0$75,417,628
99$167,610,564$0$0$83,025,275
100$184,516,944$0$0$91,406,225