Can I retire at age 40 with 876,000?

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 $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%11.1%
1 years$72,339$71,695$71,066$70,453$69,853$69,530
2 years$35,812$35,145$34,498$33,871$33,264$32,937
3 years$23,637$22,967$22,323$21,702$21,104$20,784
4 years$17,551$16,883$16,245$15,635$15,051$14,741
5 years$13,901$13,237$12,607$12,009$11,442$11,142
6 years$11,468$10,809$10,188$9,604$9,054$8,765
7 years$9,730$9,077$8,466$7,896$7,363$7,085
8 years$8,428$7,781$7,180$6,624$6,108$5,842
9 years$7,416$6,775$6,184$5,642$5,144$4,888
10 years$6,606$5,972$5,392$4,863$4,383$4,138
11 years$5,945$5,316$4,747$4,233$3,770$3,535
12 years$5,394$4,771$4,213$3,713$3,267$3,043
13 years$4,928$4,312$3,764$3,278$2,849$2,635
14 years$4,529$3,919$3,382$2,909$2,497$2,293
15 years$4,183$3,581$3,053$2,595$2,199$2,005
16 years$3,881$3,285$2,768$2,323$1,943$1,759
17 years$3,615$3,025$2,519$2,087$1,723$1,548
18 years$3,378$2,796$2,299$1,881$1,532$1,366
19 years$3,167$2,591$2,105$1,700$1,365$1,208
20 years$2,977$2,408$1,932$1,540$1,220$1,071
21 years$2,806$2,243$1,777$1,397$1,091$950
22 years$2,650$2,093$1,638$1,270$978$845
23 years$2,508$1,958$1,512$1,157$878$752
24 years$2,378$1,834$1,399$1,055$789$671
25 years$2,258$1,722$1,295$964$710$599
26 years$2,148$1,618$1,201$881$640$535
27 years$2,047$1,523$1,116$807$577$478
28 years$1,952$1,435$1,037$739$520$427
29 years$1,865$1,354$965$678$470$383
30 years$1,783$1,278$899$622$425$343
31 years$1,707$1,208$838$571$384$307
32 years$1,636$1,143$782$525$347$275
33 years$1,569$1,083$730$483$314$247
34 years$1,506$1,026$682$444$285$222
35 years$1,447$973$638$409$258$199
36 years$1,391$924$597$377$234$179
37 years$1,339$878$558$347$212$160
38 years$1,289$834$523$320$192$144
39 years$1,242$793$490$295$174$129
40 years$1,198$754$459$272$158$116
41 years$1,155$718$431$251$143$104
42 years$1,115$684$404$232$130$94
43 years$1,077$652$379$214$118$84
44 years$1,041$621$356$197$107$76
45 years$1,006$592$334$182$97$68
46 years$973$565$314$168$88$61
47 years$942$539$295$156$80$55
48 years$912$515$277$144$73$50
49 years$883$492$260$133$66$45
50 years$855$470$245$123$60$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $876,000, adding $5,108 every year, while hoping to spend $21,611 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: 37/49/14 Blend
39$876,000$876,000$876,000$876,000
40$970,621$924,193$910,615$1,002,212
41$1,046,630$946,484$918,127$1,047,627
42$1,129,668$969,144$925,166$1,094,199
43$1,220,429$992,167$931,693$1,144,034
44$1,319,677$1,015,547$937,669$1,197,434
45$1,428,253$1,039,278$943,050$1,254,734
46$1,547,084$1,063,351$947,791$1,316,301
47$1,677,190$1,087,759$951,845$1,382,539
48$1,819,694$1,112,490$955,163$1,453,893
49$1,975,833$1,137,533$957,692$1,530,856
50$2,146,971$1,162,874$959,377$1,613,967
51$2,334,607$1,188,500$960,161$1,703,823
52$2,540,395$1,214,394$959,984$1,801,080
53$2,766,153$1,240,538$958,782$1,906,463
54$3,013,889$1,266,912$956,489$2,020,769
55$3,285,809$1,293,494$953,035$2,144,878
56$3,584,347$1,320,261$948,348$2,279,758
57$3,912,183$1,347,186$942,349$2,426,479
58$4,272,268$1,374,241$934,961$2,586,216
59$4,667,855$1,401,394$926,097$2,760,269
60$5,102,526$1,428,612$915,671$2,950,067
61$5,580,227$1,455,858$903,590$3,157,189
62$6,105,308$1,483,092$889,757$3,383,372
63$6,682,557$1,510,272$874,072$3,630,532
64$7,317,252$1,537,350$856,428$3,900,784
65$8,015,209$1,564,277$836,716$4,196,455
66$8,782,832$1,590,998$814,817$4,520,114
67$9,627,180$1,617,456$790,613$4,874,591
68$10,556,030$1,643,589$763,976$5,263,006
69$11,577,948$1,669,328$734,772$5,688,799
70$12,702,377$1,694,603$702,865$6,155,763
71$13,939,716$1,719,336$668,108$6,668,078
72$15,301,428$1,743,444$630,350$7,230,353
73$16,800,139$1,766,838$589,433$7,847,668
74$18,449,766$1,789,426$545,191$8,525,625
75$20,265,638$1,811,104$497,451$9,270,398
76$22,264,651$1,831,765$446,033$10,088,794
77$24,465,418$1,851,295$390,748$10,988,317
78$26,888,451$1,869,569$331,399$11,977,237
79$29,556,352$1,886,456$267,780$13,064,674
80$32,494,025$1,901,818$199,675$14,260,679
81$35,728,913$1,915,504$126,861$15,576,333
82$39,291,254$1,927,356$49,104$17,023,850
83$43,214,372$1,937,206$0$18,616,695
84$47,534,983$1,944,874$0$20,374,771
85$52,293,548$1,950,170$0$22,317,535
86$57,534,651$1,952,889$0$24,455,719
87$63,307,422$1,952,818$0$26,809,243
88$69,666,000$1,949,726$0$29,400,064
89$76,670,041$1,943,372$0$32,252,382
90$84,385,284$1,933,496$0$35,392,868
91$92,884,171$1,919,826$0$38,850,919
92$102,246,531$1,902,071$0$42,658,934
93$112,560,328$1,879,924$0$46,852,622
94$123,922,499$1,853,058$0$51,471,340
95$136,439,863$1,821,127$0$56,558,464
96$150,230,133$1,783,766$0$62,161,802
97$165,423,023$1,740,587$0$68,334,044
98$182,161,474$1,691,178$0$75,133,262
99$200,603,003$1,635,105$0$82,623,457
100$220,921,193$1,571,908$0$90,875,169