Can I retire at age 40 with 899,000?

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 $899,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$74,239$73,577$72,932$72,302$71,688$68,925
2 years$36,752$36,067$35,404$34,761$34,137$31,387
3 years$24,258$23,570$22,909$22,272$21,658$19,006
4 years$18,012$17,327$16,672$16,045$15,447$12,914
5 years$14,266$13,584$12,938$12,324$11,742$9,335
6 years$11,769$11,093$10,456$9,856$9,291$7,011
7 years$9,986$9,316$8,689$8,103$7,556$5,403
8 years$8,650$7,985$7,369$6,797$6,269$4,240
9 years$7,611$6,953$6,347$5,790$5,279$3,371
10 years$6,780$6,128$5,533$4,991$4,498$2,708
11 years$6,101$5,456$4,871$4,344$3,868$2,192
12 years$5,535$4,897$4,323$3,810$3,352$1,786
13 years$5,057$4,425$3,862$3,364$2,923$1,461
14 years$4,647$4,022$3,470$2,986$2,563$1,201
15 years$4,293$3,675$3,133$2,663$2,256$989
16 years$3,983$3,371$2,841$2,384$1,994$817
17 years$3,710$3,105$2,585$2,142$1,768$677
18 years$3,467$2,869$2,360$1,931$1,572$561
19 years$3,250$2,659$2,160$1,744$1,401$466
20 years$3,055$2,471$1,983$1,580$1,252$388
21 years$2,879$2,302$1,824$1,434$1,120$322
22 years$2,719$2,148$1,681$1,304$1,004$269
23 years$2,574$2,009$1,552$1,187$901$224
24 years$2,440$1,883$1,435$1,083$810$187
25 years$2,318$1,767$1,329$989$729$156
26 years$2,205$1,660$1,233$904$657$130
27 years$2,100$1,563$1,145$828$592$108
28 years$2,004$1,473$1,064$758$534$91
29 years$1,914$1,389$990$695$482$76
30 years$1,830$1,312$923$638$436$63
31 years$1,752$1,240$860$586$394$53
32 years$1,679$1,173$802$539$356$44
33 years$1,610$1,111$749$495$323$37
34 years$1,546$1,053$700$456$292$31
35 years$1,485$999$654$420$265$26
36 years$1,428$948$612$386$240$22
37 years$1,374$901$573$356$217$18
38 years$1,323$856$537$328$197$15
39 years$1,275$814$503$303$179$13
40 years$1,229$774$471$279$162$11
41 years$1,186$737$442$258$147$9
42 years$1,145$702$415$238$133$7
43 years$1,105$669$389$219$121$6
44 years$1,068$638$365$203$110$5
45 years$1,033$608$343$187$100$4
46 years$999$580$322$173$91$4
47 years$966$553$302$160$82$3
48 years$936$528$284$148$75$3
49 years$906$505$267$136$68$2
50 years$878$482$251$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $899,000, adding $3,606 every year, while hoping to spend $32,752 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: 73/16/11 Blend
39$899,000$899,000$899,000$899,000
40$994,418$946,771$932,836$1,064,605
41$1,061,000$958,314$929,238$1,123,013
42$1,133,277$969,326$924,422$1,182,551
43$1,211,793$979,745$918,312$1,246,866
44$1,297,150$989,507$910,830$1,316,421
45$1,390,009$998,542$901,892$1,391,726
46$1,491,097$1,006,778$891,412$1,473,344
47$1,601,213$1,014,135$879,300$1,561,897
48$1,721,240$1,020,530$865,459$1,658,067
49$1,852,145$1,025,875$849,791$1,762,608
50$1,994,996$1,030,075$832,191$1,876,351
51$2,150,966$1,033,029$812,550$2,000,211
52$2,321,349$1,034,632$790,754$2,135,196
53$2,507,567$1,034,769$766,684$2,282,420
54$2,711,186$1,033,320$740,216$2,443,109
55$2,933,931$1,030,157$711,218$2,618,612
56$3,177,702$1,025,145$679,553$2,810,421
57$3,444,590$1,018,139$645,080$3,020,177
58$3,736,897$1,008,987$607,650$3,249,690
59$4,057,160$997,526$567,105$3,500,955
60$4,408,171$983,586$523,284$3,776,173
61$4,793,006$966,984$476,016$4,077,768
62$5,215,054$947,527$425,124$4,408,413
63$5,678,045$925,011$370,421$4,771,054
64$6,186,090$899,220$311,714$5,168,939
65$6,743,714$869,926$248,800$5,605,649
66$7,355,906$836,885$181,468$6,085,131
67$8,028,158$799,842$109,496$6,611,737
68$8,766,521$758,525$32,655$7,190,261
69$9,577,661$712,647$0$7,825,992
70$10,468,921$661,906$0$8,530,550
71$11,448,391$605,980$0$9,309,033
72$12,524,984$544,530$0$10,164,718
73$13,708,519$477,198$0$11,105,444
74$15,009,813$403,606$0$12,139,849
75$16,440,784$323,352$0$13,277,453
76$18,014,563$236,016$0$14,528,750
77$19,745,617$141,149$0$15,905,301
78$21,649,886$38,282$0$17,419,852
79$23,744,932$0$0$19,086,445
80$26,050,107$0$0$20,933,428
81$28,586,729$0$0$22,973,320
82$31,378,291$0$0$25,218,278
83$34,450,678$0$0$27,689,125
84$37,832,410$0$0$30,408,803
85$41,554,914$0$0$33,402,594
86$45,652,816$0$0$36,698,352
87$50,164,272$0$0$40,326,771
88$55,131,324$0$0$44,321,672
89$60,600,301$0$0$48,720,323
90$66,622,249$0$0$53,563,788
91$73,253,418$0$0$58,897,318
92$80,555,791$0$0$64,770,773
93$88,597,668$0$0$71,239,097
94$97,454,309$0$0$78,362,834
95$107,208,648$0$0$86,208,699
96$117,952,070$0$0$94,850,206
97$129,785,278$0$0$104,368,367
98$142,819,239$0$0$114,852,448
99$157,176,234$0$0$126,400,819
100$172,991,009$0$0$139,121,876