Can I retire at age 40 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$66,889$66,293$65,712$65,145$64,591$62,003
2 years$33,113$32,497$31,899$31,319$30,757$28,183
3 years$21,856$21,237$20,641$20,067$19,514$17,034
4 years$16,229$15,611$15,021$14,457$13,917$11,551
5 years$12,853$12,240$11,657$11,104$10,580$8,332
6 years$10,604$9,994$9,421$8,880$8,371$6,244
7 years$8,997$8,393$7,829$7,301$6,808$4,801
8 years$7,793$7,195$6,639$6,125$5,648$3,758
9 years$6,857$6,264$5,718$5,217$4,756$2,981
10 years$6,109$5,522$4,985$4,497$4,053$2,389
11 years$5,497$4,916$4,389$3,914$3,486$1,929
12 years$4,987$4,412$3,895$3,433$3,020$1,567
13 years$4,556$3,987$3,480$3,031$2,634$1,279
14 years$4,187$3,624$3,127$2,690$2,309$1,047
15 years$3,868$3,311$2,823$2,399$2,033$861
16 years$3,589$3,038$2,560$2,148$1,797$709
17 years$3,342$2,797$2,329$1,930$1,593$585
18 years$3,124$2,585$2,126$1,739$1,416$484
19 years$2,929$2,396$1,946$1,572$1,263$401
20 years$2,753$2,226$1,786$1,424$1,128$332
21 years$2,594$2,074$1,643$1,292$1,009$276
22 years$2,450$1,936$1,514$1,175$905$229
23 years$2,319$1,810$1,398$1,070$812$190
24 years$2,199$1,696$1,293$976$730$158
25 years$2,088$1,592$1,198$891$657$131
26 years$1,987$1,496$1,111$815$592$109
27 years$1,892$1,408$1,031$746$533$91
28 years$1,805$1,327$959$683$481$76
29 years$1,724$1,252$892$627$435$63
30 years$1,649$1,182$831$575$393$52
31 years$1,578$1,117$775$528$355$44
32 years$1,512$1,057$723$485$321$36
33 years$1,451$1,001$675$446$291$30
34 years$1,393$949$631$411$263$25
35 years$1,338$900$590$378$238$21
36 years$1,286$854$552$348$216$18
37 years$1,238$811$516$321$196$15
38 years$1,192$771$484$296$177$12
39 years$1,149$733$453$273$161$10
40 years$1,107$698$425$251$146$8
41 years$1,068$664$398$232$132$7
42 years$1,031$632$373$214$120$6
43 years$996$603$350$198$109$5
44 years$962$574$329$183$99$4
45 years$930$548$309$169$90$3
46 years$900$523$290$156$82$3
47 years$871$499$273$144$74$2
48 years$843$476$256$133$67$2
49 years$816$455$241$123$61$2
50 years$791$434$226$114$55$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $810,000, adding $3,669 every year, while hoping to spend $49,457 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: 48/28/24 Blend
39$810,000$810,000$810,000$810,000
40$896,405$853,475$840,920$933,159
41$935,216$842,673$816,469$948,440
42$976,329$829,684$789,541$959,810
43$1,019,925$814,350$760,001$971,160
44$1,066,204$796,500$727,708$982,512
45$1,115,385$775,956$692,514$993,892
46$1,167,706$752,530$654,265$1,005,332
47$1,223,427$726,019$612,798$1,016,871
48$1,282,836$696,213$567,946$1,028,558
49$1,346,245$662,887$519,532$1,040,447
50$1,413,997$625,804$467,372$1,052,605
51$1,486,469$584,712$411,273$1,065,111
52$1,564,072$539,347$351,034$1,078,053
53$1,647,259$489,427$286,446$1,091,538
54$1,736,527$434,656$217,289$1,105,686
55$1,832,419$374,721$143,334$1,120,637
56$1,935,534$309,290$64,344$1,136,550
57$2,046,526$238,013$0$1,153,608
58$2,166,117$160,521$0$1,177,129
59$2,295,098$76,424$0$1,220,156
60$2,434,339$0$0$1,266,532
61$2,584,794$0$0$1,321,162
62$2,747,513$0$0$1,405,782
63$2,923,650$0$0$1,497,454
64$3,114,473$0$0$1,596,847
65$3,321,378$0$0$1,704,698
66$3,545,898$0$0$1,821,817
67$3,789,720$0$0$1,949,093
68$4,054,698$0$0$2,087,508
69$4,342,876$0$0$2,238,138
70$4,656,497$0$0$2,402,170
71$4,998,032$0$0$2,580,910
72$5,370,202$0$0$2,775,793
73$5,775,997$0$0$2,988,400
74$6,218,712$0$0$3,220,472
75$6,701,971$0$0$3,473,924
76$7,229,764$0$0$3,750,864
77$7,806,484$0$0$4,053,614
78$8,436,967$0$0$4,384,730
79$9,126,538$0$0$4,747,025
80$9,881,057$0$0$5,143,599
81$10,706,982$0$0$5,577,863
82$11,611,420$0$0$6,053,575
83$12,602,199$0$0$6,574,872
84$13,687,939$0$0$7,146,313
85$14,878,135$0$0$7,772,916
86$16,183,243$0$0$8,460,210
87$17,614,779$0$0$9,214,283
88$19,185,428$0$0$10,041,842
89$20,909,163$0$0$10,950,274
90$22,801,373$0$0$11,947,718
91$24,879,012$0$0$13,043,137
92$27,160,756$0$0$14,246,407
93$29,667,176$0$0$15,568,406
94$32,420,935$0$0$17,021,117
95$35,447,001$0$0$18,617,745
96$38,772,878$0$0$20,372,833
97$42,428,869$0$0$22,302,407
98$46,448,357$0$0$24,424,122
99$50,868,122$0$0$26,757,427
100$55,728,688$0$0$29,323,754