Can I retire at age 40 with 835,000?

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 $835,000?

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$68,954$68,339$67,740$67,155$66,584$66,220
2 years$34,135$33,500$32,884$32,286$31,707$31,339
3 years$22,531$21,892$21,278$20,686$20,116$19,757
4 years$16,730$16,093$15,485$14,903$14,347$13,998
5 years$13,250$12,617$12,017$11,447$10,906$10,570
6 years$10,931$10,303$9,711$9,154$8,630$8,306
7 years$9,275$8,652$8,070$7,526$7,018$6,707
8 years$8,034$7,417$6,844$6,314$5,822$5,523
9 years$7,069$6,458$5,895$5,378$4,903$4,616
10 years$6,297$5,692$5,139$4,636$4,178$3,903
11 years$5,666$5,067$4,525$4,034$3,593$3,331
12 years$5,141$4,548$4,015$3,539$3,114$2,863
13 years$4,697$4,110$3,588$3,124$2,715$2,476
14 years$4,317$3,736$3,223$2,773$2,380$2,152
15 years$3,987$3,413$2,910$2,473$2,096$1,879
16 years$3,699$3,131$2,639$2,215$1,852$1,646
17 years$3,446$2,884$2,401$1,990$1,642$1,447
18 years$3,220$2,665$2,192$1,793$1,460$1,275
19 years$3,019$2,470$2,007$1,620$1,302$1,126
20 years$2,838$2,295$1,841$1,467$1,163$996
21 years$2,674$2,138$1,694$1,332$1,040$883
22 years$2,526$1,995$1,561$1,211$933$784
23 years$2,390$1,866$1,441$1,103$837$697
24 years$2,267$1,749$1,333$1,006$752$621
25 years$2,153$1,641$1,235$919$677$553
26 years$2,048$1,542$1,145$840$610$493
27 years$1,951$1,451$1,063$769$550$440
28 years$1,861$1,368$989$704$496$393
29 years$1,778$1,290$920$646$448$351
30 years$1,700$1,218$857$593$405$314
31 years$1,627$1,152$799$544$366$281
32 years$1,559$1,090$745$500$331$252
33 years$1,495$1,032$696$460$300$225
34 years$1,436$978$650$423$271$202
35 years$1,379$928$608$390$246$181
36 years$1,326$881$569$359$223$162
37 years$1,276$836$532$331$202$145
38 years$1,229$795$498$305$183$130
39 years$1,184$756$467$281$166$117
40 years$1,142$719$438$259$150$105
41 years$1,101$685$410$239$136$94
42 years$1,063$652$385$221$124$84
43 years$1,027$621$361$204$112$76
44 years$992$592$339$188$102$68
45 years$959$565$318$174$93$61
46 years$928$539$299$160$84$55
47 years$898$514$281$148$76$49
48 years$869$491$264$137$69$44
49 years$842$469$248$127$63$40
50 years$815$448$233$117$57$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $835,000, adding $5,273 every year, while hoping to spend $50,226 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: 69/23/8 Blend
39$835,000$835,000$835,000$835,000
40$925,609$881,354$868,412$987,801
41$966,581$871,100$844,063$1,019,433
42$1,010,049$858,661$817,216$1,047,406
43$1,056,214$843,875$787,733$1,076,651
44$1,105,297$826,574$755,471$1,107,282
45$1,157,539$806,578$720,281$1,139,427
46$1,213,204$783,696$682,006$1,173,229
47$1,272,581$757,728$640,484$1,208,845
48$1,335,987$728,459$595,542$1,246,451
49$1,403,768$695,664$547,004$1,286,242
50$1,476,306$659,105$494,682$1,328,434
51$1,554,018$618,530$438,382$1,373,267
52$1,637,360$573,670$377,901$1,421,009
53$1,726,836$524,245$313,025$1,471,956
54$1,822,996$469,956$243,534$1,526,436
55$1,926,445$410,487$169,196$1,584,814
56$2,037,847$345,506$89,769$1,647,496
57$2,157,931$274,660$5,000$1,714,930
58$2,287,499$197,577$0$1,787,615
59$2,427,432$113,866$0$1,873,397
60$2,578,695$23,111$0$1,966,523
61$2,742,353$0$0$2,067,268
62$2,919,573$0$0$2,195,424
63$3,111,642$0$0$2,340,696
64$3,319,971$0$0$2,498,307
65$3,546,114$0$0$2,669,439
66$3,791,780$0$0$2,855,389
67$4,058,849$0$0$3,057,587
68$4,349,389$0$0$3,277,604
69$4,665,675$0$0$3,517,170
70$5,010,210$0$0$3,778,186
71$5,385,750$0$0$4,062,748
72$5,795,327$0$0$4,373,159
73$6,242,278$0$0$4,711,957
74$6,730,276$0$0$5,081,933
75$7,263,366$0$0$5,486,161
76$7,845,999$0$0$5,928,025
77$8,483,076$0$0$6,411,252
78$9,179,994$0$0$6,939,942
79$9,942,694$0$0$7,518,613
80$10,777,719$0$0$8,152,239
81$11,692,274$0$0$8,846,297
82$12,694,294$0$0$9,606,818
83$13,792,516$0$0$10,440,445
84$14,996,564$0$0$11,354,495
85$16,317,037$0$0$12,357,025
86$17,765,609$0$0$13,456,912
87$19,355,138$0$0$14,663,930
88$21,099,789$0$0$15,988,848
89$23,015,163$0$0$17,443,527
90$25,118,446$0$0$19,041,033
91$27,428,569$0$0$20,795,761
92$29,966,388$0$0$22,723,566
93$32,754,878$0$0$24,841,916
94$35,819,349$0$0$27,170,056
95$39,187,686$0$0$29,729,184
96$42,890,608$0$0$32,542,659
97$46,961,961$0$0$35,636,213
98$51,439,031$0$0$39,038,197
99$56,362,901$0$0$42,779,847
100$61,778,835$0$0$46,895,577