Can I retire at age 40 with 881,000?

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 $881,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$72,752$72,104$71,472$70,855$70,252$69,145
2 years$36,016$35,345$34,695$34,065$33,453$32,341
3 years$23,772$23,098$22,450$21,826$21,224$20,141
4 years$17,651$16,980$16,338$15,724$15,137$14,092
5 years$13,980$13,312$12,679$12,078$11,507$10,502
6 years$11,533$10,871$10,246$9,659$9,105$8,142
7 years$9,786$9,129$8,515$7,941$7,405$6,484
8 years$8,476$7,825$7,221$6,661$6,143$5,264
9 years$7,458$6,813$6,220$5,674$5,173$4,335
10 years$6,644$6,006$5,422$4,891$4,408$3,611
11 years$5,979$5,346$4,774$4,257$3,791$3,034
12 years$5,424$4,799$4,237$3,734$3,285$2,567
13 years$4,956$4,337$3,785$3,296$2,865$2,184
14 years$4,554$3,942$3,401$2,926$2,511$1,868
15 years$4,207$3,601$3,071$2,610$2,211$1,603
16 years$3,903$3,304$2,784$2,337$1,954$1,381
17 years$3,635$3,043$2,533$2,099$1,733$1,192
18 years$3,398$2,812$2,313$1,892$1,541$1,032
19 years$3,185$2,606$2,117$1,710$1,373$895
20 years$2,994$2,421$1,943$1,548$1,227$778
21 years$2,822$2,255$1,787$1,405$1,098$677
22 years$2,665$2,105$1,647$1,278$984$590
23 years$2,522$1,969$1,521$1,164$883$514
24 years$2,391$1,845$1,406$1,061$794$449
25 years$2,271$1,731$1,303$969$714$392
26 years$2,161$1,627$1,208$886$643$343
27 years$2,058$1,531$1,122$811$580$300
28 years$1,964$1,443$1,043$743$523$263
29 years$1,875$1,361$971$682$473$230
30 years$1,793$1,286$904$625$427$202
31 years$1,717$1,215$843$574$386$177
32 years$1,645$1,150$786$528$349$155
33 years$1,578$1,089$734$485$316$136
34 years$1,515$1,032$686$447$286$119
35 years$1,455$979$641$411$259$105
36 years$1,399$929$600$379$235$92
37 years$1,346$883$562$349$213$81
38 years$1,296$839$526$322$193$71
39 years$1,249$798$493$297$175$62
40 years$1,204$759$462$274$159$55
41 years$1,162$722$433$252$144$48
42 years$1,122$688$406$233$131$42
43 years$1,083$655$381$215$119$37
44 years$1,047$625$358$199$108$32
45 years$1,012$596$336$183$98$28
46 years$979$568$316$169$89$25
47 years$947$542$296$156$81$22
48 years$917$518$279$145$73$19
49 years$888$494$262$134$66$17
50 years$860$472$246$123$60$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $881,000, adding $4,872 every year, while hoping to spend $21,799 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: 42/31/27 Blend
39$881,000$881,000$881,000$881,000
40$975,887$929,194$915,539$1,008,984
41$1,052,234$951,531$923,016$1,055,563
42$1,135,637$974,231$930,012$1,103,549
43$1,226,794$997,291$936,489$1,155,096
44$1,326,472$1,020,702$942,406$1,210,547
45$1,435,514$1,044,459$947,719$1,270,279
46$1,554,852$1,068,553$952,383$1,334,705
47$1,685,509$1,092,975$956,350$1,404,284
48$1,828,614$1,117,713$959,570$1,479,521
49$1,985,407$1,142,755$961,991$1,560,971
50$2,157,256$1,168,088$963,555$1,649,247
51$2,345,669$1,193,697$964,207$1,745,026
52$2,552,303$1,219,564$963,884$1,849,053
53$2,778,986$1,245,671$962,522$1,962,150
54$3,027,731$1,271,997$960,055$2,085,223
55$3,300,755$1,298,520$956,412$2,219,271
56$3,600,499$1,325,215$951,519$2,365,396
57$3,929,654$1,352,054$945,298$2,524,812
58$4,291,182$1,379,008$937,670$2,698,858
59$4,688,348$1,406,046$928,547$2,889,013
60$5,124,749$1,433,131$917,843$3,096,903
61$5,604,345$1,460,226$905,462$3,324,324
62$6,131,502$1,487,291$891,309$3,573,256
63$6,711,027$1,514,280$875,280$3,845,881
64$7,348,219$1,541,147$857,268$4,144,606
65$8,048,913$1,567,838$837,162$4,472,085
66$8,819,540$1,594,300$814,845$4,831,243
67$9,667,184$1,620,472$790,194$5,225,305
68$10,599,651$1,646,290$763,080$5,657,828
69$11,625,543$1,671,685$733,370$6,132,732
70$12,754,334$1,696,584$700,924$6,654,342
71$13,996,466$1,720,906$665,595$7,227,421
72$15,363,443$1,744,568$627,229$7,857,226
73$16,867,941$1,767,478$585,668$8,549,549
74$18,523,926$1,789,540$540,743$9,310,775
75$20,346,789$1,810,650$492,281$10,147,947
76$22,353,486$1,830,697$440,097$11,068,825
77$24,562,704$1,849,563$384,002$12,081,966
78$26,995,030$1,867,122$323,797$13,196,804
79$29,673,151$1,883,239$259,273$14,423,736
80$32,622,067$1,897,773$190,213$15,774,227
81$35,869,324$1,910,569$116,390$17,260,913
82$39,445,274$1,921,466$37,569$18,897,724
83$43,383,366$1,930,292$0$20,700,017
84$47,720,455$1,936,862$0$22,698,127
85$52,497,155$1,940,982$0$24,909,727
86$57,758,219$1,942,444$0$27,344,627
87$63,552,961$1,941,027$0$30,025,580
88$69,935,724$1,936,499$0$32,977,660
89$76,966,390$1,928,610$0$36,228,503
90$84,710,947$1,917,097$0$39,808,563
91$93,242,109$1,901,680$0$43,751,405
92$102,640,005$1,882,063$0$48,094,018
93$112,992,934$1,857,932$0$52,877,167
94$124,398,195$1,828,953$0$58,145,778
95$136,963,013$1,794,774$0$63,949,362
96$150,805,543$1,755,020$0$70,342,484
97$166,055,988$1,709,296$0$77,385,279
98$182,857,830$1,657,182$0$85,144,017
99$201,369,179$1,598,235$0$93,691,734
100$221,764,272$1,531,984$0$103,108,918