Can I retire at age 40 with 873,000?

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 $873,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$72,092$71,449$70,823$70,211$69,614$67,359
2 years$35,689$35,024$34,380$33,755$33,150$30,899
3 years$23,556$22,889$22,246$21,627$21,031$18,855
4 years$17,491$16,826$16,190$15,581$15,000$12,915
5 years$13,853$13,191$12,564$11,968$11,403$9,415
6 years$11,428$10,772$10,153$9,571$9,023$7,134
7 years$9,697$9,046$8,437$7,869$7,338$5,548
8 years$8,399$7,754$7,156$6,601$6,087$4,395
9 years$7,390$6,751$6,163$5,623$5,126$3,529
10 years$6,584$5,951$5,373$4,847$4,368$2,864
11 years$5,924$5,298$4,730$4,218$3,757$2,342
12 years$5,375$4,755$4,198$3,700$3,255$1,928
13 years$4,911$4,297$3,751$3,266$2,839$1,595
14 years$4,513$3,906$3,370$2,900$2,488$1,325
15 years$4,169$3,568$3,043$2,586$2,191$1,105
16 years$3,868$3,274$2,759$2,315$1,936$923
17 years$3,602$3,015$2,510$2,080$1,717$774
18 years$3,367$2,786$2,292$1,875$1,527$649
19 years$3,156$2,582$2,098$1,694$1,361$546
20 years$2,967$2,399$1,925$1,534$1,215$459
21 years$2,796$2,235$1,771$1,392$1,088$387
22 years$2,641$2,086$1,632$1,266$975$326
23 years$2,499$1,951$1,507$1,153$875$276
24 years$2,370$1,828$1,394$1,052$787$233
25 years$2,251$1,716$1,291$960$708$197
26 years$2,141$1,612$1,197$878$638$166
27 years$2,040$1,517$1,112$804$575$141
28 years$1,946$1,430$1,033$736$519$119
29 years$1,858$1,349$962$675$468$101
30 years$1,777$1,274$896$620$423$85
31 years$1,701$1,204$835$569$383$72
32 years$1,630$1,140$779$523$346$61
33 years$1,563$1,079$728$481$313$52
34 years$1,501$1,023$680$443$284$44
35 years$1,442$970$636$407$257$37
36 years$1,387$921$595$375$233$31
37 years$1,334$875$556$346$211$27
38 years$1,285$831$521$319$191$23
39 years$1,238$790$488$294$173$19
40 years$1,194$752$458$271$157$16
41 years$1,151$716$429$250$143$14
42 years$1,111$682$403$231$129$12
43 years$1,073$649$378$213$118$10
44 years$1,037$619$355$197$107$8
45 years$1,003$590$333$182$97$7
46 years$970$563$313$168$88$6
47 years$938$537$294$155$80$5
48 years$908$513$276$143$73$4
49 years$880$490$259$132$66$4
50 years$852$468$244$122$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $873,000, adding $4,250 every year, while hoping to spend $26,279 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: 58/24/18 Blend
39$873,000$873,000$873,000$873,000
40$966,430$920,161$906,629$1,017,686
41$1,037,045$937,288$909,041$1,070,070
42$1,113,982$954,374$910,652$1,123,914
43$1,197,859$971,388$911,409$1,182,019
44$1,289,353$988,299$911,254$1,244,799
45$1,389,213$1,005,072$910,128$1,312,713
46$1,498,262$1,021,670$907,966$1,386,266
47$1,617,406$1,038,052$904,704$1,466,015
48$1,747,641$1,054,177$900,271$1,552,573
49$1,890,066$1,069,997$894,596$1,646,616
50$2,045,889$1,085,464$887,602$1,748,892
51$2,216,443$1,100,524$879,209$1,860,222
52$2,403,191$1,115,121$869,333$1,981,515
53$2,607,749$1,129,194$857,889$2,113,770
54$2,831,894$1,142,679$844,782$2,258,089
55$3,077,584$1,155,507$829,919$2,415,690
56$3,346,974$1,167,604$813,198$2,587,913
57$3,642,440$1,178,891$794,515$2,776,237
58$3,966,597$1,189,284$773,759$2,982,292
59$4,322,325$1,198,695$750,815$3,207,875
60$4,712,798$1,207,027$725,564$3,454,969
61$5,141,512$1,214,180$697,879$3,725,758
62$5,612,317$1,220,045$667,629$4,022,653
63$6,129,455$1,224,509$634,676$4,348,311
64$6,697,599$1,227,449$598,876$4,705,660
65$7,321,895$1,228,736$560,080$5,097,930
66$8,008,016$1,228,231$518,130$5,528,683
67$8,762,209$1,225,790$472,863$6,001,844
68$9,591,357$1,221,256$424,106$6,521,742
69$10,503,043$1,214,465$371,681$7,093,150
70$11,505,621$1,205,242$315,401$7,721,328
71$12,608,298$1,193,403$255,071$8,412,077
72$13,821,215$1,178,750$190,486$9,171,793
73$15,155,546$1,161,075$121,434$10,007,526
74$16,623,602$1,140,158$47,692$10,927,048
75$18,238,949$1,115,766$0$11,938,927
76$20,016,534$1,087,650$0$13,058,564
77$21,972,824$1,055,548$0$14,300,580
78$24,125,965$1,019,184$0$15,667,333
79$26,495,953$978,263$0$17,171,529
80$29,104,816$932,474$0$18,827,171
81$31,976,832$881,490$0$20,649,691
82$35,138,748$824,962$0$22,656,097
83$38,620,039$762,523$0$24,865,136
84$42,453,180$693,785$0$27,297,468
85$46,673,960$618,336$0$29,975,862
86$51,321,812$535,742$0$32,925,414
87$56,440,189$445,546$0$36,173,780
88$62,076,972$347,261$0$39,751,442
89$68,284,924$240,377$0$43,691,994
90$75,122,184$124,353$0$48,032,461
91$82,652,818$0$0$52,813,647
92$90,947,424$0$0$58,080,888
93$100,083,797$0$0$63,918,947
94$110,147,662$0$0$70,349,772
95$121,233,483$0$0$77,433,741
96$133,445,357$0$0$85,237,386
97$146,897,993$0$0$93,834,023
98$161,717,796$0$0$103,304,444
99$178,044,060$0$0$113,737,677
100$196,030,280$0$0$125,231,829