Can I retire at age 40 with 814,000?

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 $814,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$67,219$66,621$66,036$65,466$64,910$64,636
2 years$33,277$32,657$32,057$31,474$30,909$30,633
3 years$21,964$21,342$20,743$20,166$19,610$19,340
4 years$16,309$15,688$15,095$14,528$13,986$13,724
5 years$12,917$12,300$11,715$11,159$10,632$10,379
6 years$10,656$10,044$9,467$8,924$8,413$8,168
7 years$9,042$8,435$7,867$7,337$6,842$6,607
8 years$7,832$7,230$6,672$6,155$5,676$5,450
9 years$6,891$6,295$5,747$5,243$4,780$4,563
10 years$6,139$5,549$5,010$4,519$4,073$3,865
11 years$5,524$4,940$4,411$3,933$3,503$3,304
12 years$5,012$4,434$3,914$3,450$3,035$2,846
13 years$4,579$4,007$3,497$3,046$2,647$2,466
14 years$4,208$3,642$3,142$2,704$2,320$2,148
15 years$3,887$3,327$2,837$2,411$2,043$1,879
16 years$3,606$3,053$2,572$2,159$1,806$1,649
17 years$3,359$2,811$2,341$1,940$1,601$1,452
18 years$3,139$2,598$2,137$1,748$1,423$1,283
19 years$2,943$2,408$1,956$1,580$1,269$1,135
20 years$2,767$2,237$1,795$1,431$1,133$1,007
21 years$2,607$2,084$1,651$1,298$1,014$894
22 years$2,462$1,945$1,522$1,180$909$796
23 years$2,330$1,819$1,405$1,075$816$709
24 years$2,210$1,705$1,300$981$733$633
25 years$2,099$1,600$1,204$895$660$565
26 years$1,996$1,503$1,116$819$595$505
27 years$1,902$1,415$1,037$749$536$452
28 years$1,814$1,333$964$687$484$404
29 years$1,733$1,258$897$630$437$362
30 years$1,657$1,188$835$578$395$325
31 years$1,586$1,123$779$531$357$291
32 years$1,520$1,063$727$488$323$261
33 years$1,458$1,006$678$449$292$235
34 years$1,399$954$634$413$264$211
35 years$1,345$905$593$380$239$189
36 years$1,293$859$554$350$217$170
37 years$1,244$815$519$322$197$153
38 years$1,198$775$486$297$178$137
39 years$1,154$737$455$274$162$124
40 years$1,113$701$427$253$147$111
41 years$1,074$667$400$233$133$100
42 years$1,036$636$375$215$121$90
43 years$1,001$606$352$199$110$81
44 years$967$577$331$183$99$73
45 years$935$550$310$169$90$66
46 years$904$525$292$156$82$59
47 years$875$501$274$145$74$53
48 years$847$478$257$134$68$48
49 years$820$457$242$123$61$43
50 years$795$436$227$114$56$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $814,000, adding $4,873 every year, while hoping to spend $31,823 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: 23/47/30 Blend
39$814,000$814,000$814,000$814,000
40$902,054$858,912$846,295$914,214
41$960,205$867,140$840,787$933,500
42$1,023,220$874,704$834,027$951,165
43$1,091,562$881,538$825,941$969,412
44$1,165,740$887,572$816,449$988,309
45$1,246,314$892,732$805,469$1,007,937
46$1,333,899$896,937$792,913$1,028,385
47$1,429,172$900,102$778,691$1,049,754
48$1,532,879$902,138$762,708$1,072,161
49$1,645,838$902,948$744,864$1,095,733
50$1,768,952$902,431$725,056$1,120,619
51$1,903,214$900,479$703,174$1,146,981
52$2,049,716$896,977$679,105$1,175,007
53$2,209,661$891,803$652,729$1,204,902
54$2,384,373$884,828$623,922$1,236,902
55$2,575,310$875,915$592,554$1,271,267
56$2,784,075$864,919$558,488$1,308,290
57$3,012,436$851,686$521,583$1,348,300
58$3,262,339$836,052$481,690$1,391,662
59$3,535,924$817,845$438,653$1,438,787
60$3,835,551$796,882$392,311$1,490,133
61$4,163,817$772,970$342,493$1,546,208
62$4,523,583$745,902$289,024$1,607,583
63$4,918,000$715,462$231,717$1,674,892
64$5,350,537$681,421$170,380$1,748,841
65$5,825,016$643,535$104,813$1,830,218
66$6,345,647$601,547$34,803$1,919,896
67$6,917,066$555,186$0$2,018,850
68$7,544,381$504,165$0$2,140,936
69$8,233,218$448,179$0$2,287,302
70$8,989,775$386,909$0$2,448,206
71$9,820,879$320,014$0$2,625,212
72$10,734,051$247,137$0$2,820,048
73$11,737,577$167,899$0$3,034,628
74$12,840,586$81,902$0$3,271,068
75$14,053,133$0$0$3,531,708
76$15,386,298$0$0$3,824,967
77$16,852,288$0$0$4,194,180
78$18,464,552$0$0$4,600,392
79$20,237,906$0$0$5,047,358
80$22,188,677$0$0$5,539,213
81$24,334,851$0$0$6,080,513
82$26,696,247$0$0$6,676,280
83$29,294,702$0$0$7,332,044
84$32,154,275$0$0$8,053,903
85$35,301,478$0$0$8,848,571
86$38,765,520$0$0$9,723,451
87$42,578,589$0$0$10,686,696
88$46,776,148$0$0$11,747,293
89$51,397,277$0$0$12,915,144
90$56,485,034$0$0$14,201,159
91$62,086,868$0$0$15,617,360
92$68,255,060$0$0$17,176,996
93$75,047,221$0$0$18,894,665
94$82,526,831$0$0$20,786,452
95$90,763,843$0$0$22,870,085
96$99,835,338$0$0$25,165,096
97$109,826,252$0$0$27,693,010
98$120,830,183$0$0$30,477,544
99$132,950,266$0$0$33,544,836
100$146,300,154$0$0$36,923,687