Can I retire at age 40 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$70,357$69,731$69,119$68,522$67,940$66,190
2 years$34,830$34,182$33,553$32,943$32,352$30,601
3 years$22,990$22,338$21,711$21,107$20,526$18,828
4 years$17,070$16,421$15,800$15,207$14,639$13,007
5 years$13,520$12,874$12,262$11,680$11,128$9,568
6 years$11,153$10,513$9,909$9,341$8,805$7,317
7 years$9,464$8,829$8,235$7,679$7,161$5,746
8 years$8,197$7,568$6,984$6,442$5,941$4,597
9 years$7,213$6,589$6,015$5,487$5,003$3,730
10 years$6,425$5,808$5,244$4,730$4,263$3,059
11 years$5,782$5,170$4,617$4,117$3,666$2,530
12 years$5,246$4,641$4,097$3,611$3,177$2,106
13 years$4,793$4,194$3,661$3,188$2,770$1,763
14 years$4,405$3,812$3,289$2,830$2,429$1,482
15 years$4,068$3,482$2,970$2,524$2,138$1,250
16 years$3,775$3,195$2,692$2,260$1,890$1,058
17 years$3,516$2,943$2,450$2,030$1,676$897
18 years$3,286$2,719$2,236$1,830$1,490$762
19 years$3,080$2,520$2,047$1,653$1,328$649
20 years$2,896$2,342$1,879$1,497$1,186$553
21 years$2,729$2,181$1,728$1,359$1,062$473
22 years$2,577$2,036$1,593$1,236$951$404
23 years$2,439$1,904$1,471$1,125$854$345
24 years$2,313$1,784$1,360$1,026$768$296
25 years$2,197$1,674$1,260$937$691$253
26 years$2,090$1,574$1,168$857$622$217
27 years$1,991$1,481$1,085$784$561$186
28 years$1,899$1,396$1,009$719$506$160
29 years$1,814$1,317$939$659$457$137
30 years$1,734$1,243$874$605$413$118
31 years$1,660$1,175$815$556$373$101
32 years$1,591$1,112$760$511$338$87
33 years$1,526$1,053$710$469$306$74
34 years$1,465$998$663$432$277$64
35 years$1,407$947$620$398$251$55
36 years$1,353$899$580$366$227$47
37 years$1,302$853$543$337$206$41
38 years$1,254$811$509$311$187$35
39 years$1,208$771$476$287$169$30
40 years$1,165$734$447$265$154$26
41 years$1,124$699$419$244$139$22
42 years$1,085$665$393$225$126$19
43 years$1,048$634$369$208$115$16
44 years$1,012$604$346$192$104$14
45 years$979$576$325$177$95$12
46 years$947$550$305$164$86$10
47 years$916$525$287$151$78$9
48 years$887$501$269$140$71$8
49 years$859$478$253$129$64$7
50 years$832$457$238$119$58$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $852,000, adding $3,342 every year, while hoping to spend $27,696 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: 50/37/13 Blend
39$852,000$852,000$852,000$852,000
40$942,351$897,195$883,989$985,979
41$1,009,003$911,690$884,135$1,030,768
42$1,081,524$925,966$883,357$1,076,232
43$1,160,486$939,984$881,595$1,125,014
44$1,246,514$953,701$878,787$1,177,435
45$1,340,298$967,072$874,865$1,233,848
46$1,442,597$980,048$869,762$1,294,642
47$1,554,246$992,575$863,404$1,360,249
48$1,676,166$1,004,597$855,714$1,431,142
49$1,809,368$1,016,056$846,614$1,507,846
50$1,954,967$1,026,886$836,019$1,590,938
51$2,114,190$1,037,020$823,842$1,681,058
52$2,288,389$1,046,385$809,992$1,778,908
53$2,479,049$1,054,903$794,372$1,885,265
54$2,687,811$1,062,491$776,881$2,000,987
55$2,916,476$1,069,062$757,416$2,127,019
56$3,167,033$1,074,523$735,866$2,264,405
57$3,441,668$1,078,772$712,115$2,414,296
58$3,742,792$1,081,705$686,044$2,577,963
59$4,073,057$1,083,210$657,527$2,756,807
60$4,435,388$1,083,165$626,433$2,952,376
61$4,833,002$1,081,445$592,624$3,166,374
62$5,269,448$1,077,915$555,956$3,400,686
63$5,748,630$1,072,432$516,279$3,657,387
64$6,274,852$1,064,843$473,436$3,938,769
65$6,852,855$1,054,988$427,264$4,247,359
66$7,487,860$1,042,696$377,591$4,585,946
67$8,185,620$1,027,787$324,239$4,957,605
68$8,952,472$1,010,068$267,020$5,365,728
69$9,795,399$989,336$205,740$5,814,058
70$10,722,092$965,376$140,195$6,306,723
71$11,741,027$937,960$70,172$6,848,275
72$12,861,538$906,847$0$7,443,734
73$14,093,915$871,782$0$8,099,272
74$15,449,489$832,494$0$8,830,793
75$16,940,749$788,698$0$9,635,321
76$18,581,452$740,092$0$10,520,321
77$20,386,759$686,355$0$11,494,021
78$22,373,373$627,150$0$12,565,493
79$24,559,696$562,120$0$13,744,739
80$26,966,008$490,887$0$15,042,786
81$29,614,653$413,052$0$16,471,790
82$32,530,249$328,194$0$18,045,152
83$35,739,926$235,867$0$19,777,647
84$39,273,575$135,601$0$21,685,564
85$43,164,134$26,899$0$23,786,857
86$47,447,897$0$0$26,101,322
87$52,164,855$0$0$28,687,731
88$57,359,078$0$0$31,548,012
89$63,079,123$0$0$34,697,966
90$69,378,500$0$0$38,167,076
91$76,316,170$0$0$41,987,827
92$83,957,106$0$0$46,196,018
93$92,372,903$0$0$50,831,095
94$101,642,455$0$0$55,936,527
95$111,852,698$0$0$61,560,214
96$123,099,431$0$0$67,754,940
97$135,488,220$0$0$74,578,868
98$149,135,395$0$0$82,096,094
99$164,169,143$0$0$90,377,248
100$180,730,725$0$0$99,500,161