Can I retire at age 40 with 822,000?

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 $822,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$67,880$67,275$66,685$66,110$65,547$63,348
2 years$33,604$32,978$32,372$31,783$31,213$29,019
3 years$22,180$21,552$20,947$20,364$19,803$17,683
4 years$16,469$15,843$15,244$14,671$14,124$12,094
5 years$13,044$12,421$11,830$11,269$10,737$8,802
6 years$10,761$10,143$9,560$9,012$8,495$6,659
7 years$9,131$8,518$7,945$7,409$6,909$5,169
8 years$7,909$7,301$6,738$6,215$5,732$4,088
9 years$6,959$6,357$5,803$5,294$4,827$3,277
10 years$6,199$5,603$5,059$4,564$4,113$2,654
11 years$5,578$4,988$4,454$3,972$3,537$2,167
12 years$5,061$4,477$3,953$3,484$3,065$1,780
13 years$4,624$4,046$3,532$3,076$2,673$1,470
14 years$4,249$3,678$3,173$2,730$2,343$1,218
15 years$3,925$3,360$2,865$2,435$2,063$1,013
16 years$3,642$3,083$2,598$2,180$1,823$845
17 years$3,392$2,839$2,364$1,959$1,617$707
18 years$3,170$2,623$2,158$1,765$1,437$592
19 years$2,972$2,431$1,975$1,595$1,281$496
20 years$2,794$2,259$1,813$1,445$1,144$417
21 years$2,633$2,104$1,667$1,311$1,024$350
22 years$2,487$1,964$1,537$1,192$918$295
23 years$2,353$1,837$1,419$1,086$824$248
24 years$2,231$1,721$1,312$990$741$209
25 years$2,119$1,615$1,215$904$666$176
26 years$2,016$1,518$1,127$827$600$149
27 years$1,921$1,429$1,047$757$541$125
28 years$1,832$1,346$973$693$488$106
29 years$1,750$1,270$906$636$441$89
30 years$1,673$1,200$843$584$398$75
31 years$1,602$1,134$786$536$360$64
32 years$1,535$1,073$734$493$326$54
33 years$1,472$1,016$685$453$295$45
34 years$1,413$963$640$417$267$38
35 years$1,358$913$598$384$242$32
36 years$1,306$867$560$353$219$27
37 years$1,256$823$524$326$199$23
38 years$1,210$783$491$300$180$20
39 years$1,166$744$460$277$163$17
40 years$1,124$708$431$255$148$14
41 years$1,084$674$404$235$134$12
42 years$1,047$642$379$217$122$10
43 years$1,011$612$356$201$111$8
44 years$977$583$334$185$100$7
45 years$944$556$313$171$91$6
46 years$913$530$294$158$83$5
47 years$884$506$277$146$75$4
48 years$855$483$260$135$68$4
49 years$828$461$244$125$62$3
50 years$803$441$230$115$56$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $822,000, adding $3,298 every year, while hoping to spend $34,595 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: 58/31/11 Blend
39$822,000$822,000$822,000$822,000
40$909,246$865,680$852,939$959,365
41$965,180$871,289$844,704$999,142
42$1,025,660$876,014$835,033$1,038,326
43$1,091,113$879,775$823,842$1,080,205
44$1,162,009$882,486$811,043$1,125,041
45$1,238,863$884,057$796,542$1,173,125
46$1,322,244$884,393$780,243$1,224,777
47$1,412,776$883,391$762,044$1,280,353
48$1,511,145$880,943$741,839$1,340,243
49$1,618,108$876,935$719,516$1,404,880
50$1,734,495$871,245$694,960$1,474,743
51$1,861,220$863,743$668,048$1,550,362
52$1,999,290$854,292$638,653$1,632,319
53$2,149,813$842,747$606,643$1,721,261
54$2,314,006$828,954$571,878$1,817,901
55$2,493,212$812,750$534,214$1,923,026
56$2,688,908$793,963$493,497$2,037,508
57$2,902,717$772,408$449,571$2,162,308
58$3,136,431$747,893$402,268$2,298,487
59$3,392,020$720,212$351,416$2,447,220
60$3,671,652$689,148$296,835$2,609,801
61$3,977,716$654,472$238,335$2,787,661
62$4,312,843$615,941$175,719$2,982,380
63$4,679,929$573,298$108,781$3,195,704
64$5,082,163$526,272$37,307$3,429,557
65$5,523,060$474,575$0$3,686,067
66$6,006,487$417,904$0$3,972,155
67$6,536,706$355,939$0$4,290,810
68$7,118,410$288,340$0$4,640,537
69$7,756,770$214,751$0$5,024,525
70$8,457,479$134,792$0$5,446,290
71$9,226,810$48,065$0$5,909,711
72$10,071,673$0$0$6,419,068
73$10,999,680$0$0$6,994,723
74$12,019,215$0$0$7,645,240
75$13,139,516$0$0$8,360,127
76$14,370,760$0$0$9,145,888
77$15,724,157$0$0$10,009,687
78$17,212,060$0$0$10,959,417
79$18,848,076$0$0$12,003,775
80$20,647,198$0$0$13,152,342
81$22,625,943$0$0$14,415,674
82$24,802,512$0$0$15,805,403
83$27,196,955$0$0$17,334,344
84$29,831,367$0$0$19,016,615
85$32,730,088$0$0$20,867,774
86$35,919,940$0$0$22,904,962
87$39,430,476$0$0$25,147,067
88$43,294,258$0$0$27,614,899
89$47,547,164$0$0$30,331,390
90$52,228,729$0$0$33,321,805
91$57,382,514$0$0$36,613,986
92$63,056,518$0$0$40,238,609
93$69,303,632$0$0$44,229,480
94$76,182,135$0$0$48,623,845
95$83,756,245$0$0$53,462,749
96$92,096,726$0$0$58,791,417
97$101,281,553$0$0$64,659,687
98$111,396,647$0$0$71,122,475
99$122,536,688$0$0$78,240,293
100$134,806,007$0$0$86,079,823