Can I retire at age 40 with 876,000?

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 $876,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$72,339$71,695$71,066$70,453$69,853$68,838
2 years$35,812$35,145$34,498$33,871$33,264$32,243
3 years$23,637$22,967$22,323$21,702$21,104$20,109
4 years$17,551$16,883$16,245$15,635$15,051$14,091
5 years$13,901$13,237$12,607$12,009$11,442$10,518
6 years$11,468$10,809$10,188$9,604$9,054$8,167
7 years$9,730$9,077$8,466$7,896$7,363$6,515
8 years$8,428$7,781$7,180$6,624$6,108$5,298
9 years$7,416$6,775$6,184$5,642$5,144$4,372
10 years$6,606$5,972$5,392$4,863$4,383$3,648
11 years$5,945$5,316$4,747$4,233$3,770$3,070
12 years$5,394$4,771$4,213$3,713$3,267$2,603
13 years$4,928$4,312$3,764$3,278$2,849$2,219
14 years$4,529$3,919$3,382$2,909$2,497$1,901
15 years$4,183$3,581$3,053$2,595$2,199$1,635
16 years$3,881$3,285$2,768$2,323$1,943$1,411
17 years$3,615$3,025$2,519$2,087$1,723$1,221
18 years$3,378$2,796$2,299$1,881$1,532$1,060
19 years$3,167$2,591$2,105$1,700$1,365$921
20 years$2,977$2,408$1,932$1,540$1,220$802
21 years$2,806$2,243$1,777$1,397$1,091$699
22 years$2,650$2,093$1,638$1,270$978$611
23 years$2,508$1,958$1,512$1,157$878$534
24 years$2,378$1,834$1,399$1,055$789$467
25 years$2,258$1,722$1,295$964$710$409
26 years$2,148$1,618$1,201$881$640$359
27 years$2,047$1,523$1,116$807$577$315
28 years$1,952$1,435$1,037$739$520$276
29 years$1,865$1,354$965$678$470$242
30 years$1,783$1,278$899$622$425$213
31 years$1,707$1,208$838$571$384$187
32 years$1,636$1,143$782$525$347$164
33 years$1,569$1,083$730$483$314$145
34 years$1,506$1,026$682$444$285$127
35 years$1,447$973$638$409$258$112
36 years$1,391$924$597$377$234$98
37 years$1,339$878$558$347$212$87
38 years$1,289$834$523$320$192$76
39 years$1,242$793$490$295$174$67
40 years$1,198$754$459$272$158$59
41 years$1,155$718$431$251$143$52
42 years$1,115$684$404$232$130$46
43 years$1,077$652$379$214$118$40
44 years$1,041$621$356$197$107$35
45 years$1,006$592$334$182$97$31
46 years$973$565$314$168$88$28
47 years$942$539$295$156$80$24
48 years$912$515$277$144$73$21
49 years$883$492$260$133$66$19
50 years$855$470$245$123$60$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $876,000, adding $3,629 every year, while hoping to spend $43,194 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: 49/26/25 Blend
39$876,000$876,000$876,000$876,000
40$969,095$922,667$909,089$1,009,560
41$1,021,985$921,920$893,586$1,037,443
42$1,078,822$919,688$876,115$1,063,114
43$1,139,962$915,854$856,566$1,090,139
44$1,205,799$910,291$834,821$1,118,663
45$1,276,763$902,867$810,760$1,148,853
46$1,353,325$893,441$784,253$1,180,893
47$1,436,007$881,862$755,168$1,214,986
48$1,525,378$867,972$723,365$1,251,363
49$1,622,067$851,602$688,697$1,290,279
50$1,726,762$832,575$651,013$1,332,019
51$1,840,223$810,702$610,153$1,376,898
52$1,963,282$785,784$565,950$1,425,271
53$2,096,857$757,607$518,230$1,477,529
54$2,241,957$725,950$466,811$1,534,109
55$2,399,690$690,575$411,502$1,595,498
56$2,571,277$651,232$352,106$1,662,233
57$2,758,060$607,656$288,415$1,734,915
58$2,961,518$559,567$220,213$1,814,210
59$3,183,276$506,668$147,273$1,900,856
60$3,425,123$448,648$69,359$1,995,673
61$3,689,029$385,175$0$2,099,571
62$3,977,161$315,900$0$2,217,237
63$4,291,906$240,454$0$2,366,096
64$4,635,891$158,446$0$2,528,938
65$5,012,008$69,466$0$2,707,212
66$5,423,441$0$0$2,902,518
67$5,873,698$0$0$3,124,327
68$6,366,638$0$0$3,389,013
69$6,906,513$0$0$3,678,997
70$7,498,006$0$0$3,996,804
71$8,146,272$0$0$4,345,218
72$8,856,991$0$0$4,727,303
73$9,636,416$0$0$5,146,435
74$10,491,438$0$0$5,606,333
75$11,429,643$0$0$6,111,092
76$12,459,389$0$0$6,665,223
77$13,589,884$0$0$7,273,695
78$14,831,267$0$0$7,941,983
79$16,194,710$0$0$8,676,118
80$17,692,521$0$0$9,482,741
81$19,338,255$0$0$10,369,173
82$21,146,849$0$0$11,343,475
83$23,134,756$0$0$12,414,530
84$25,320,105$0$0$13,592,124
85$27,722,865$0$0$14,887,039
86$30,365,040$0$0$16,311,154
87$33,270,872$0$0$17,877,557
88$36,467,070$0$0$19,600,666
89$39,983,061$0$0$21,496,370
90$43,851,268$0$0$23,582,173
91$48,107,415$0$0$25,877,364
92$52,790,863$0$0$28,403,192
93$57,944,983$0$0$31,183,075
94$63,617,561$0$0$34,242,813
95$69,861,250$0$0$37,610,834
96$76,734,069$0$0$41,318,464
97$84,299,945$0$0$45,400,220
98$92,629,319$0$0$49,894,133
99$101,799,808$0$0$54,842,113
100$111,896,940$0$0$60,290,338