Can I retire at age 40 with 844,000?

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 $844,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$69,697$69,076$68,470$67,879$67,302$66,214
2 years$34,503$33,861$33,238$32,634$32,048$30,956
3 years$22,774$22,128$21,507$20,909$20,333$19,269
4 years$16,910$16,267$15,652$15,064$14,502$13,475
5 years$13,393$12,753$12,146$11,570$11,024$10,037
6 years$11,049$10,414$9,816$9,253$8,723$7,777
7 years$9,375$8,746$8,157$7,607$7,094$6,190
8 years$8,120$7,497$6,918$6,382$5,885$5,022
9 years$7,145$6,527$5,958$5,436$4,956$4,134
10 years$6,365$5,753$5,195$4,686$4,223$3,441
11 years$5,728$5,122$4,573$4,078$3,632$2,889
12 years$5,197$4,597$4,059$3,577$3,147$2,443
13 years$4,748$4,154$3,626$3,158$2,744$2,078
14 years$4,363$3,776$3,258$2,803$2,406$1,775
15 years$4,030$3,450$2,942$2,500$2,118$1,523
16 years$3,739$3,165$2,667$2,238$1,872$1,310
17 years$3,483$2,915$2,427$2,011$1,660$1,131
18 years$3,255$2,693$2,215$1,813$1,476$978
19 years$3,051$2,496$2,028$1,638$1,316$848
20 years$2,868$2,320$1,861$1,483$1,175$736
21 years$2,703$2,161$1,712$1,346$1,052$640
22 years$2,553$2,017$1,578$1,224$943$557
23 years$2,416$1,886$1,457$1,115$846$486
24 years$2,291$1,767$1,347$1,017$760$424
25 years$2,176$1,659$1,248$929$684$370
26 years$2,070$1,559$1,157$849$616$323
27 years$1,972$1,467$1,075$777$556$282
28 years$1,881$1,382$999$712$501$247
29 years$1,797$1,304$930$653$453$216
30 years$1,718$1,232$866$599$409$189
31 years$1,645$1,164$807$550$370$166
32 years$1,576$1,102$753$506$335$145
33 years$1,511$1,043$703$465$303$127
34 years$1,451$989$657$428$274$112
35 years$1,394$938$614$394$248$98
36 years$1,340$890$575$363$225$86
37 years$1,290$845$538$334$204$75
38 years$1,242$803$504$308$185$66
39 years$1,197$764$472$284$168$58
40 years$1,154$727$442$262$152$51
41 years$1,113$692$415$242$138$45
42 years$1,075$659$389$223$125$39
43 years$1,038$628$365$206$114$34
44 years$1,003$599$343$190$103$30
45 years$969$571$322$176$94$26
46 years$938$544$302$162$85$23
47 years$907$520$284$150$77$20
48 years$878$496$267$138$70$18
49 years$851$474$251$128$64$16
50 years$824$452$236$118$58$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $844,000, adding $6,498 every year, while hoping to spend $34,235 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: 62/13/25 Blend
39$844,000$844,000$844,000$844,000
40$936,791$892,059$878,977$988,286
41$995,918$899,344$871,997$1,031,237
42$1,059,928$905,838$863,635$1,073,786
43$1,129,284$911,468$853,810$1,119,494
44$1,204,493$916,152$842,435$1,168,676
45$1,286,115$919,807$829,420$1,221,676
46$1,374,763$922,341$814,670$1,278,880
47$1,471,113$923,660$798,086$1,340,710
48$1,575,908$923,662$779,564$1,407,633
49$1,689,968$922,238$758,996$1,480,165
50$1,814,190$919,274$736,268$1,558,877
51$1,949,567$914,647$711,262$1,644,399
52$2,097,187$908,230$683,854$1,737,424
53$2,258,251$899,884$653,914$1,838,721
54$2,434,079$889,464$621,306$1,949,137
55$2,626,123$876,816$585,888$2,069,608
56$2,835,985$861,778$547,513$2,201,166
57$3,065,426$844,175$506,025$2,344,952
58$3,316,385$823,825$461,263$2,502,224
59$3,590,998$800,534$413,057$2,674,370
60$3,891,617$774,097$361,230$2,862,925
61$4,220,830$744,296$305,600$3,069,581
62$4,581,489$710,901$245,972$3,296,203
63$4,976,734$673,669$182,146$3,544,854
64$5,410,025$632,342$113,911$3,817,807
65$5,885,170$586,649$41,049$4,117,570
66$6,406,364$536,302$0$4,446,913
67$6,978,228$480,996$0$4,818,681
68$7,605,852$420,410$0$5,238,773
69$8,294,844$354,204$0$5,700,013
70$9,051,378$282,021$0$6,206,571
71$9,882,258$203,479$0$6,763,042
72$10,794,979$118,180$0$7,374,492
73$11,797,796$25,700$0$8,046,504
74$12,899,805$0$0$8,785,230
75$14,111,026$0$0$9,608,097
76$15,442,497$0$0$10,516,768
77$16,906,382$0$0$11,515,877
78$18,516,078$0$0$12,614,576
79$20,286,349$0$0$13,822,950
80$22,233,458$0$0$15,152,112
81$24,375,327$0$0$16,614,304
82$26,731,699$0$0$18,223,015
83$29,324,328$0$0$19,993,107
84$32,177,185$0$0$21,940,956
85$35,316,679$0$0$24,084,604
86$38,771,910$0$0$26,443,934
87$42,574,942$0$0$29,040,850
88$46,761,105$0$0$31,899,490
89$51,369,327$0$0$35,046,451
90$56,442,503$0$0$38,511,037
91$62,027,899$0$0$42,325,542
92$68,177,596$0$0$46,525,547
93$74,948,981$0$0$51,150,260
94$82,405,291$0$0$56,242,886
95$90,616,208$0$0$61,851,033
96$99,658,514$0$0$68,027,158
97$109,616,818$0$0$74,829,068
98$120,584,353$0$0$82,320,463
99$132,663,855$0$0$90,571,532
100$145,968,532$0$0$99,659,624