Can I retire at age 40 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$68,293$67,685$67,091$66,512$65,946$65,339
2 years$33,808$33,179$32,568$31,977$31,403$30,791
3 years$22,315$21,683$21,074$20,488$19,923$19,326
4 years$16,569$15,939$15,336$14,760$14,209$13,631
5 years$13,123$12,496$11,902$11,337$10,802$10,244
6 years$10,826$10,204$9,618$9,067$8,547$8,011
7 years$9,186$8,570$7,993$7,454$6,951$6,436
8 years$7,957$7,346$6,779$6,253$5,767$5,274
9 years$7,001$6,396$5,838$5,326$4,856$4,385
10 years$6,237$5,638$5,090$4,591$4,138$3,687
11 years$5,612$5,019$4,481$3,996$3,559$3,129
12 years$5,092$4,505$3,977$3,505$3,084$2,675
13 years$4,652$4,071$3,553$3,094$2,689$2,300
14 years$4,275$3,700$3,193$2,747$2,357$1,988
15 years$3,949$3,380$2,882$2,450$2,076$1,725
16 years$3,664$3,101$2,613$2,193$1,834$1,502
17 years$3,413$2,856$2,378$1,971$1,627$1,312
18 years$3,189$2,639$2,171$1,776$1,446$1,148
19 years$2,990$2,446$1,987$1,605$1,289$1,008
20 years$2,811$2,273$1,824$1,453$1,151$886
21 years$2,649$2,117$1,678$1,319$1,030$780
22 years$2,502$1,976$1,546$1,199$924$688
23 years$2,368$1,848$1,428$1,092$829$608
24 years$2,245$1,732$1,320$996$745$537
25 years$2,132$1,625$1,223$910$671$475
26 years$2,028$1,527$1,134$832$604$421
27 years$1,932$1,438$1,053$761$545$373
28 years$1,843$1,355$979$698$491$331
29 years$1,760$1,278$911$640$444$293
30 years$1,683$1,207$849$587$401$260
31 years$1,611$1,141$791$539$362$231
32 years$1,544$1,079$738$496$328$206
33 years$1,481$1,022$689$456$297$183
34 years$1,422$969$644$419$269$162
35 years$1,366$919$602$386$243$144
36 years$1,313$872$563$355$220$128
37 years$1,264$828$527$328$200$114
38 years$1,217$787$494$302$181$102
39 years$1,173$749$463$278$164$91
40 years$1,131$712$434$257$149$81
41 years$1,091$678$406$237$135$72
42 years$1,053$646$381$219$123$64
43 years$1,017$615$358$202$111$57
44 years$983$586$336$186$101$51
45 years$950$559$315$172$92$45
46 years$919$533$296$159$83$40
47 years$889$509$278$147$76$36
48 years$861$486$261$136$69$32
49 years$833$464$246$125$62$28
50 years$807$443$231$116$57$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $827,000, adding $4,471 every year, while hoping to spend $43,306 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: 51/21/28 Blend
39$827,000$827,000$827,000$827,000
40$915,966$872,135$859,316$955,252
41$963,317$868,792$842,026$979,759
42$1,014,047$863,834$822,705$1,001,690
43$1,068,454$857,136$801,240$1,024,688
44$1,126,866$848,566$777,512$1,048,873
45$1,189,643$837,983$751,395$1,074,381
46$1,257,180$825,237$722,761$1,101,362
47$1,329,912$810,173$691,472$1,129,987
48$1,408,313$792,622$657,387$1,160,446
49$1,492,908$772,408$620,356$1,192,950
50$1,584,272$749,343$580,225$1,227,738
51$1,683,036$723,229$536,831$1,265,073
52$1,789,895$693,856$490,004$1,305,250
53$1,905,612$661,003$439,567$1,348,599
54$2,031,026$624,433$385,334$1,395,485
55$2,167,060$583,900$327,112$1,446,318
56$2,314,729$539,140$264,700$1,501,550
57$2,475,149$489,876$197,885$1,561,687
58$2,649,548$435,813$126,448$1,627,292
59$2,839,276$376,643$50,158$1,698,988
60$3,045,821$312,036$0$1,777,470
61$3,270,816$241,648$0$1,872,845
62$3,516,062$165,111$0$1,993,231
63$3,783,539$82,041$0$2,124,653
64$4,075,428$0$0$2,268,246
65$4,394,127$0$0$2,427,105
66$4,742,277$0$0$2,621,435
67$5,122,788$0$0$2,833,909
68$5,538,860$0$0$3,066,326
69$5,994,018$0$0$3,320,665
70$6,492,143$0$0$3,599,107
71$7,037,509$0$0$3,904,051
72$7,634,822$0$0$4,238,141
73$8,289,266$0$0$4,604,288
74$9,006,546$0$0$5,005,699
75$9,792,950$0$0$5,445,905
76$10,655,401$0$0$5,928,795
77$11,601,525$0$0$6,458,653
78$12,639,720$0$0$7,040,198
79$13,779,238$0$0$7,678,627
80$15,030,271$0$0$8,379,667
81$16,404,044$0$0$9,149,624
82$17,912,923$0$0$9,995,446
83$19,570,532$0$0$10,924,788
84$21,391,877$0$0$11,946,082
85$23,393,491$0$0$13,068,617
86$25,593,589$0$0$14,302,628
87$28,012,237$0$0$15,659,390
88$30,671,542$0$0$17,151,325
89$33,595,861$0$0$18,792,120
90$36,812,029$0$0$20,596,854
91$40,349,612$0$0$22,582,140
92$44,241,185$0$0$24,766,285
93$48,522,640$0$0$27,169,456
94$53,233,522$0$0$29,813,877
95$58,417,403$0$0$32,724,033
96$64,122,293$0$0$35,926,903
97$70,401,092$0$0$39,452,213
98$77,312,084$0$0$43,332,719
99$84,919,496$0$0$47,604,512
100$93,294,093$0$0$52,307,362