Can I retire at age 40 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$66,063$65,475$64,901$64,340$63,793$62,200
2 years$32,705$32,095$31,505$30,933$30,378$28,783
3 years$21,586$20,975$20,386$19,819$19,273$17,726
4 years$16,029$15,419$14,836$14,278$13,746$12,259
5 years$12,695$12,088$11,513$10,967$10,449$9,027
6 years$10,473$9,871$9,304$8,771$8,268$6,911
7 years$8,886$8,290$7,732$7,211$6,724$5,433
8 years$7,697$7,106$6,557$6,049$5,578$4,352
9 years$6,773$6,187$5,648$5,152$4,698$3,535
10 years$6,033$5,453$4,924$4,441$4,003$2,903
11 years$5,429$4,855$4,335$3,865$3,442$2,404
12 years$4,926$4,357$3,847$3,390$2,983$2,004
13 years$4,500$3,938$3,437$2,993$2,601$1,679
14 years$4,136$3,579$3,088$2,657$2,280$1,414
15 years$3,820$3,270$2,788$2,370$2,008$1,194
16 years$3,544$3,000$2,528$2,122$1,775$1,012
17 years$3,301$2,763$2,300$1,906$1,573$859
18 years$3,085$2,553$2,100$1,718$1,399$732
19 years$2,892$2,366$1,922$1,552$1,247$624
20 years$2,719$2,199$1,764$1,406$1,114$533
21 years$2,562$2,048$1,623$1,276$997$455
22 years$2,420$1,912$1,496$1,160$893$390
23 years$2,290$1,788$1,381$1,057$802$334
24 years$2,172$1,675$1,277$964$721$286
25 years$2,063$1,572$1,183$880$649$246
26 years$1,962$1,478$1,097$805$584$211
27 years$1,869$1,391$1,019$737$527$181
28 years$1,783$1,310$947$675$475$156
29 years$1,703$1,236$881$619$429$134
30 years$1,628$1,167$821$568$388$115
31 years$1,559$1,104$765$522$351$99
32 years$1,494$1,044$714$479$317$85
33 years$1,433$989$667$441$287$73
34 years$1,375$937$623$406$260$63
35 years$1,321$889$582$373$235$54
36 years$1,271$844$545$344$213$47
37 years$1,223$801$510$317$193$40
38 years$1,177$762$478$292$175$35
39 years$1,134$724$447$269$159$30
40 years$1,094$689$419$248$144$26
41 years$1,055$656$393$229$131$22
42 years$1,019$625$369$211$119$19
43 years$984$595$346$195$108$16
44 years$951$567$325$180$98$14
45 years$919$541$305$166$89$12
46 years$889$516$287$154$81$10
47 years$860$492$269$142$73$9
48 years$833$470$253$131$66$8
49 years$806$449$238$121$60$7
50 years$781$429$224$112$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $800,000, adding $6,420 every year, while hoping to spend $48,504 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: 66/18/16 Blend
39$800,000$800,000$800,000$800,000
40$888,222$845,822$833,422$943,005
41$927,213$835,660$809,734$970,273
42$968,555$823,373$783,627$993,838
43$1,012,437$808,808$754,968$1,018,402
44$1,059,066$791,800$723,619$1,044,061
45$1,108,667$772,174$689,436$1,070,924
46$1,161,486$749,746$652,268$1,099,109
47$1,217,795$724,320$611,956$1,128,752
48$1,277,889$695,691$568,335$1,160,000
49$1,342,092$663,639$521,233$1,193,021
50$1,410,761$627,933$470,470$1,227,999
51$1,484,286$588,328$415,858$1,265,141
52$1,563,093$544,566$357,199$1,304,676
53$1,647,652$496,373$294,288$1,346,861
54$1,738,477$443,460$226,912$1,391,980
55$1,836,133$385,522$154,845$1,440,349
56$1,941,241$322,234$77,854$1,492,319
57$2,054,481$253,258$0$1,548,282
58$2,176,601$178,231$0$1,609,407
59$2,308,424$96,773$0$1,689,672
60$2,450,851$8,483$0$1,776,353
61$2,604,876$0$0$1,870,092
62$2,771,588$0$0$1,988,840
63$2,952,187$0$0$2,119,343
64$3,147,991$0$0$2,260,878
65$3,360,449$0$0$2,414,499
66$3,591,156$0$0$2,581,363
67$3,841,865$0$0$2,762,746
68$4,114,505$0$0$2,960,050
69$4,411,199$0$0$3,174,817
70$4,734,281$0$0$3,408,745
71$5,086,322$0$0$3,663,702
72$5,470,149$0$0$3,941,743
73$5,888,875$0$0$4,245,131
74$6,345,925$0$0$4,576,357
75$6,845,070$0$0$4,938,162
76$7,390,462$0$0$5,333,563
77$7,986,670$0$0$5,765,885
78$8,638,726$0$0$6,238,785
79$9,352,171$0$0$6,756,291
80$10,133,104$0$0$7,322,839
81$10,988,244$0$0$7,943,313
82$11,924,987$0$0$8,623,092
83$12,951,479$0$0$9,368,100
84$14,076,694$0$0$10,184,861
85$15,310,512$0$0$11,080,559
86$16,663,816$0$0$12,063,109
87$18,148,593$0$0$13,141,227
88$19,778,048$0$0$14,324,516
89$21,566,723$0$0$15,623,551
90$23,530,639$0$0$17,049,982
91$25,687,444$0$0$18,616,644
92$28,056,579$0$0$20,337,673
93$30,659,460$0$0$22,228,644
94$33,519,679$0$0$24,306,715
95$36,663,229$0$0$26,590,788
96$40,118,744$0$0$29,101,687
97$43,917,771$0$0$31,862,355
98$48,095,067$0$0$34,898,068
99$52,688,924$0$0$38,236,676
100$57,741,532$0$0$41,908,860