Can I retire at age 40 with 819,000?

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 $819,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$67,632$67,030$66,442$65,868$65,308$64,951
2 years$33,481$32,858$32,253$31,667$31,099$30,739
3 years$22,099$21,473$20,870$20,290$19,731$19,378
4 years$16,409$15,785$15,188$14,618$14,072$13,730
5 years$12,996$12,376$11,787$11,228$10,697$10,367
6 years$10,721$10,106$9,525$8,979$8,464$8,146
7 years$9,097$8,487$7,916$7,382$6,884$6,578
8 years$7,880$7,275$6,713$6,193$5,711$5,417
9 years$6,933$6,334$5,782$5,275$4,809$4,528
10 years$6,177$5,583$5,041$4,547$4,098$3,828
11 years$5,558$4,970$4,438$3,957$3,524$3,267
12 years$5,043$4,461$3,938$3,471$3,054$2,808
13 years$4,607$4,031$3,519$3,064$2,663$2,429
14 years$4,234$3,664$3,162$2,720$2,335$2,111
15 years$3,911$3,348$2,855$2,426$2,055$1,843
16 years$3,628$3,071$2,588$2,172$1,817$1,615
17 years$3,380$2,829$2,355$1,952$1,611$1,419
18 years$3,159$2,614$2,150$1,759$1,432$1,250
19 years$2,961$2,422$1,968$1,589$1,277$1,104
20 years$2,784$2,251$1,806$1,439$1,140$977
21 years$2,623$2,097$1,661$1,306$1,020$866
22 years$2,477$1,957$1,531$1,188$915$769
23 years$2,345$1,831$1,414$1,082$821$684
24 years$2,223$1,715$1,308$987$738$609
25 years$2,112$1,610$1,211$901$664$542
26 years$2,009$1,513$1,123$824$598$484
27 years$1,914$1,424$1,043$754$539$432
28 years$1,825$1,341$970$691$487$386
29 years$1,743$1,266$902$634$439$345
30 years$1,667$1,195$840$581$397$308
31 years$1,596$1,130$783$534$359$276
32 years$1,529$1,069$731$491$325$247
33 years$1,467$1,012$683$451$294$221
34 years$1,408$960$638$415$266$198
35 years$1,353$910$596$382$241$177
36 years$1,301$864$558$352$218$159
37 years$1,252$820$522$324$198$142
38 years$1,205$780$489$299$179$128
39 years$1,161$741$458$276$163$115
40 years$1,120$705$429$254$148$103
41 years$1,080$671$403$235$134$92
42 years$1,043$639$378$216$121$83
43 years$1,007$609$354$200$110$74
44 years$973$581$333$185$100$67
45 years$941$554$312$170$91$60
46 years$910$528$293$157$82$54
47 years$880$504$276$145$75$48
48 years$852$481$259$134$68$43
49 years$825$460$243$124$62$39
50 years$800$439$229$115$56$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $819,000, adding $2,236 every year, while hoping to spend $38,341 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: 63/27/10 Blend
39$819,000$819,000$819,000$819,000
40$904,844$861,437$848,743$959,713
41$956,344$862,853$836,381$998,075
42$1,011,812$863,054$822,321$1,035,292
43$1,071,611$861,938$806,463$1,074,960
44$1,136,143$859,401$788,707$1,117,319
45$1,205,847$855,329$768,946$1,162,630
46$1,281,206$849,603$747,069$1,211,184
47$1,362,751$842,095$722,958$1,263,300
48$1,451,066$832,672$696,491$1,319,335
49$1,546,793$821,190$667,541$1,379,679
50$1,650,636$807,499$635,974$1,444,766
51$1,763,373$791,439$601,651$1,515,076
52$1,885,856$772,839$564,426$1,591,138
53$2,019,026$751,520$524,146$1,673,537
54$2,163,914$727,292$480,653$1,762,921
55$2,321,658$699,954$433,780$1,860,004
56$2,493,508$669,293$383,352$1,965,577
57$2,680,841$635,083$329,189$2,080,513
58$2,885,170$597,086$271,101$2,205,777
59$3,108,164$555,050$208,889$2,342,433
60$3,351,658$508,708$142,348$2,491,660
61$3,617,672$457,780$71,262$2,654,759
62$3,908,430$401,966$0$2,833,166
63$4,226,380$340,953$0$3,028,958
64$4,574,219$274,407$0$3,251,544
65$4,954,915$201,979$0$3,495,273
66$5,371,737$123,297$0$3,762,309
67$5,828,284$37,969$0$4,055,042
68$6,328,521$0$0$4,376,105
69$6,876,814$0$0$4,744,574
70$7,477,970$0$0$5,160,996
71$8,137,285$0$0$5,617,767
72$8,860,592$0$0$6,118,934
73$9,654,316$0$0$6,668,957
74$10,525,533$0$0$7,272,747
75$11,482,037$0$0$7,935,717
76$12,532,417$0$0$8,663,826
77$13,686,130$0$0$9,463,639
78$14,953,597$0$0$10,342,391
79$16,346,298$0$0$11,308,050
80$17,876,878$0$0$12,369,394
81$19,559,271$0$0$13,536,095
82$21,408,824$0$0$14,818,807
83$23,442,448$0$0$16,229,270
84$25,678,775$0$0$17,780,417
85$28,138,331$0$0$19,486,498
86$30,843,732$0$0$21,363,211
87$33,819,895$0$0$23,427,856
88$37,094,276$0$0$25,699,491
89$40,697,122$0$0$28,199,116
90$44,661,765$0$0$30,949,868
91$49,024,928$0$0$33,977,241
92$53,827,074$0$0$37,309,327
93$59,112,791$0$0$40,977,078
94$64,931,203$0$0$45,014,598
95$71,336,445$0$0$49,459,468
96$78,388,163$0$0$54,353,097
97$86,152,080$0$0$59,741,111
98$94,700,620$0$0$65,673,789
99$104,113,583$0$0$72,206,531
100$114,478,903$0$0$79,400,384