Can I retire at age 40 with 839,000?

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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$69,284$68,667$68,065$67,477$66,903$66,232
2 years$34,299$33,660$33,041$32,441$31,859$31,183
3 years$22,639$21,997$21,380$20,785$20,212$19,553
4 years$16,810$16,170$15,559$14,975$14,416$13,777
5 years$13,313$12,678$12,074$11,502$10,959$10,343
6 years$10,983$10,352$9,758$9,198$8,671$8,079
7 years$9,320$8,694$8,109$7,562$7,052$6,484
8 years$8,072$7,452$6,877$6,344$5,850$5,307
9 years$7,103$6,489$5,923$5,404$4,927$4,407
10 years$6,327$5,719$5,164$4,658$4,198$3,702
11 years$5,694$5,092$4,546$4,054$3,610$3,137
12 years$5,166$4,570$4,035$3,556$3,129$2,678
13 years$4,720$4,130$3,605$3,139$2,728$2,300
14 years$4,337$3,754$3,239$2,787$2,392$1,985
15 years$4,006$3,429$2,924$2,485$2,106$1,720
16 years$3,717$3,146$2,651$2,225$1,861$1,496
17 years$3,462$2,898$2,413$1,999$1,650$1,305
18 years$3,236$2,678$2,202$1,802$1,467$1,141
19 years$3,033$2,482$2,016$1,628$1,308$1,000
20 years$2,851$2,306$1,850$1,475$1,168$878
21 years$2,687$2,148$1,702$1,338$1,045$772
22 years$2,538$2,005$1,569$1,217$937$679
23 years$2,402$1,875$1,448$1,108$841$599
24 years$2,277$1,757$1,339$1,011$756$529
25 years$2,163$1,649$1,241$923$680$467
26 years$2,058$1,550$1,151$844$613$413
27 years$1,960$1,458$1,068$772$552$365
28 years$1,870$1,374$993$708$498$323
29 years$1,786$1,296$924$649$450$287
30 years$1,708$1,224$861$596$407$254
31 years$1,635$1,157$803$547$368$225
32 years$1,567$1,095$749$503$333$200
33 years$1,503$1,037$699$462$301$177
34 years$1,442$983$653$425$273$157
35 years$1,386$932$611$392$247$140
36 years$1,333$885$571$361$224$124
37 years$1,282$840$535$332$203$110
38 years$1,235$799$501$306$184$98
39 years$1,190$760$469$282$167$87
40 years$1,147$723$440$260$151$77
41 years$1,107$688$412$240$137$69
42 years$1,068$655$387$222$124$61
43 years$1,032$624$363$205$113$54
44 years$997$595$341$189$103$48
45 years$964$567$320$175$93$43
46 years$932$541$300$161$84$38
47 years$902$517$282$149$77$34
48 years$873$493$265$138$70$30
49 years$846$471$249$127$63$27
50 years$819$450$234$118$57$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $839,000, adding $5,059 every year, while hoping to spend $54,116 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: 73/9/18 Blend
39$839,000$839,000$839,000$839,000
40$929,796$885,329$872,325$993,403
41$967,057$871,131$843,969$1,022,094
42$1,006,304$854,424$812,849$1,046,454
43$1,047,683$835,027$778,816$1,071,738
44$1,091,353$812,750$741,713$1,098,028
45$1,137,487$787,391$701,376$1,125,412
46$1,186,274$758,736$657,635$1,153,990
47$1,237,918$726,559$610,310$1,183,874
48$1,292,646$690,620$559,216$1,215,188
49$1,350,702$650,667$504,156$1,248,069
50$1,412,356$606,432$444,927$1,282,669
51$1,477,901$557,631$381,317$1,319,160
52$1,547,658$503,966$313,102$1,357,730
53$1,621,979$445,120$240,051$1,398,590
54$1,701,249$380,760$161,921$1,441,972
55$1,785,890$310,531$78,459$1,488,136
56$1,876,365$234,061$0$1,537,371
57$1,973,180$150,956$0$1,592,032
58$2,076,891$60,800$0$1,666,651
59$2,188,108$0$0$1,746,591
60$2,307,500$0$0$1,835,995
61$2,435,799$0$0$1,938,568
62$2,573,813$0$0$2,048,934
63$2,722,425$0$0$2,167,807
64$2,882,607$0$0$2,295,965
65$3,055,427$0$0$2,434,268
66$3,242,056$0$0$2,583,657
67$3,443,783$0$0$2,745,168
68$3,662,024$0$0$2,919,940
69$3,898,335$0$0$3,109,223
70$4,154,428$0$0$3,314,395
71$4,432,183$0$0$3,536,966
72$4,733,671$0$0$3,778,602
73$5,061,167$0$0$4,041,131
74$5,417,174$0$0$4,326,568
75$5,804,446$0$0$4,637,126
76$6,226,014$0$0$4,975,243
77$6,685,212$0$0$5,343,599
78$7,185,709$0$0$5,745,145
79$7,731,542$0$0$6,183,129
80$8,327,156$0$0$6,661,124
81$8,977,443$0$0$7,183,065
82$9,687,789$0$0$7,753,284
83$10,464,121$0$0$8,376,547
84$11,312,966$0$0$9,058,104
85$12,241,511$0$0$9,803,736
86$13,257,669$0$0$10,619,806
87$14,370,151$0$0$11,513,321
88$15,588,553$0$0$12,492,000
89$16,923,440$0$0$13,564,340
90$18,386,449$0$0$14,739,700
91$19,990,394$0$0$16,028,389
92$21,749,391$0$0$17,441,759
93$23,678,984$0$0$18,992,315
94$25,796,297$0$0$20,693,829
95$28,120,191$0$0$22,561,474
96$30,671,441$0$0$24,611,959
97$33,472,933$0$0$26,863,695
98$36,549,877$0$0$29,336,959
99$39,930,044$0$0$32,054,091
100$43,644,029$0$0$35,039,700