Can I retire at age 40 with 813,000?

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 $813,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$67,137$66,539$65,955$65,386$64,830$62,704
2 years$33,236$32,617$32,017$31,435$30,871$28,750
3 years$21,937$21,316$20,717$20,141$19,586$17,536
4 years$16,289$15,669$15,077$14,510$13,969$12,005
5 years$12,901$12,285$11,700$11,145$10,619$8,747
6 years$10,643$10,032$9,456$8,913$8,402$6,624
7 years$9,031$8,424$7,858$7,328$6,833$5,149
8 years$7,822$7,221$6,664$6,147$5,669$4,076
9 years$6,883$6,287$5,740$5,236$4,774$3,271
10 years$6,131$5,542$5,004$4,514$4,068$2,653
11 years$5,517$4,934$4,405$3,928$3,498$2,169
12 years$5,006$4,428$3,910$3,446$3,032$1,784
13 years$4,573$4,002$3,493$3,042$2,644$1,475
14 years$4,203$3,638$3,138$2,700$2,317$1,225
15 years$3,882$3,323$2,834$2,408$2,040$1,020
16 years$3,602$3,049$2,569$2,156$1,803$852
17 years$3,355$2,808$2,338$1,937$1,599$713
18 years$3,135$2,595$2,134$1,746$1,422$598
19 years$2,939$2,405$1,954$1,578$1,267$502
20 years$2,763$2,234$1,793$1,429$1,132$423
21 years$2,604$2,081$1,649$1,297$1,013$356
22 years$2,459$1,943$1,520$1,179$908$300
23 years$2,328$1,817$1,403$1,074$815$253
24 years$2,207$1,703$1,298$979$733$213
25 years$2,096$1,598$1,202$894$659$180
26 years$1,994$1,502$1,115$818$594$152
27 years$1,900$1,413$1,035$749$535$129
28 years$1,812$1,332$962$686$483$109
29 years$1,731$1,256$896$629$436$92
30 years$1,655$1,186$834$577$394$78
31 years$1,584$1,122$778$530$356$66
32 years$1,518$1,061$726$487$322$56
33 years$1,456$1,005$678$448$292$47
34 years$1,398$952$633$412$264$40
35 years$1,343$903$592$379$239$34
36 years$1,291$857$554$349$217$29
37 years$1,242$814$518$322$196$24
38 years$1,196$774$485$297$178$20
39 years$1,153$736$455$274$161$17
40 years$1,111$700$426$252$146$15
41 years$1,072$667$400$233$133$12
42 years$1,035$635$375$215$121$10
43 years$1,000$605$352$198$109$9
44 years$966$577$330$183$99$8
45 years$934$550$310$169$90$6
46 years$903$524$291$156$82$5
47 years$874$500$274$144$74$5
48 years$846$478$257$133$68$4
49 years$819$456$242$123$61$3
50 years$794$436$227$114$56$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $813,000, adding $3,283 every year, while hoping to spend $33,993 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: 56/36/8 Blend
39$813,000$813,000$813,000$813,000
40$899,312$856,223$843,622$947,816
41$954,874$862,010$835,715$986,699
42$1,014,964$866,941$826,404$1,024,962
43$1,080,007$870,938$815,606$1,065,809
44$1,150,473$873,919$803,233$1,109,492
45$1,226,876$875,796$789,196$1,156,287
46$1,309,782$876,475$773,399$1,206,500
47$1,399,814$875,857$755,743$1,260,470
48$1,497,657$873,836$736,122$1,318,572
49$1,604,065$870,300$714,429$1,381,219
50$1,719,866$865,131$690,549$1,448,869
51$1,845,972$858,203$664,362$1,522,027
52$1,983,388$849,382$635,745$1,601,252
53$2,133,218$838,526$604,567$1,687,162
54$2,296,678$825,485$570,691$1,780,438
55$2,475,105$810,100$533,975$1,881,836
56$2,669,973$792,202$494,271$1,992,187
57$2,882,904$771,613$451,422$2,112,414
58$3,115,682$748,144$405,267$2,243,531
59$3,370,273$721,595$355,635$2,386,665
60$3,648,841$691,754$302,349$2,543,054
61$3,953,770$658,396$245,225$2,714,071
62$4,287,683$621,286$184,068$2,901,228
63$4,653,470$580,172$118,678$3,106,199
64$5,054,313$534,790$48,843$3,330,830
65$5,493,717$484,859$0$3,577,159
66$5,975,542$430,083$0$3,849,631
67$6,504,039$370,149$0$4,153,131
68$7,083,891$304,726$0$4,486,250
69$7,720,257$233,466$0$4,852,039
70$8,418,816$155,999$0$5,253,865
71$9,185,827$71,935$0$5,695,443
72$10,028,186$0$0$6,180,872
73$10,953,484$0$0$6,722,254
74$11,970,090$0$0$7,348,445
75$13,087,219$0$0$8,036,634
76$14,315,025$0$0$8,793,085
77$15,664,693$0$0$9,624,701
78$17,148,549$0$0$10,539,086
79$18,780,168$0$0$11,544,616
80$20,574,510$0$0$12,650,523
81$22,548,056$0$0$13,866,976
82$24,718,965$0$0$15,205,179
83$27,107,243$0$0$16,677,477
84$29,734,934$0$0$18,297,473
85$32,626,326$0$0$20,080,154
86$35,808,181$0$0$22,042,033
87$39,309,985$0$0$24,201,305
88$43,164,228$0$0$26,578,019
89$47,406,710$0$0$29,194,265
90$52,076,877$0$0$32,074,385
91$57,218,192$0$0$35,245,200
92$62,878,551$0$0$38,736,264
93$69,110,725$0$0$42,580,142
94$75,972,866$0$0$46,812,718
95$83,529,050$0$0$51,473,533
96$91,849,883$0$0$56,606,157
97$101,013,169$0$0$62,258,602
98$111,104,640$0$0$68,483,774
99$122,218,767$0$0$75,339,968
100$134,459,651$0$0$82,891,427