Can I retire at age 40 with 726,000?

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 $726,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$59,952$59,418$58,897$58,389$57,892$56,816
2 years$29,679$29,127$28,591$28,072$27,568$26,488
3 years$19,590$19,035$18,500$17,986$17,490$16,440
4 years$14,546$13,992$13,463$12,958$12,474$11,462
5 years$11,520$10,970$10,448$9,953$9,483$8,511
6 years$9,504$8,958$8,444$7,959$7,503$6,573
7 years$8,064$7,523$7,017$6,544$6,102$5,214
8 years$6,985$6,449$5,951$5,489$5,062$4,216
9 years$6,146$5,615$5,125$4,676$4,263$3,458
10 years$5,475$4,949$4,468$4,031$3,632$2,867
11 years$4,927$4,406$3,934$3,508$3,124$2,399
12 years$4,470$3,954$3,491$3,077$2,707$2,020
13 years$4,084$3,574$3,119$2,716$2,361$1,711
14 years$3,753$3,248$2,803$2,411$2,069$1,456
15 years$3,467$2,967$2,530$2,150$1,822$1,244
16 years$3,216$2,723$2,294$1,925$1,610$1,066
17 years$2,996$2,507$2,088$1,730$1,428$916
18 years$2,800$2,317$1,906$1,559$1,270$789
19 years$2,625$2,147$1,745$1,409$1,132$681
20 years$2,467$1,995$1,601$1,276$1,011$588
21 years$2,325$1,859$1,473$1,158$905$509
22 years$2,196$1,735$1,357$1,053$811$441
23 years$2,078$1,623$1,253$959$728$383
24 years$1,971$1,520$1,159$875$654$332
25 years$1,872$1,427$1,074$799$589$289
26 years$1,781$1,341$996$730$530$251
27 years$1,696$1,262$925$668$478$219
28 years$1,618$1,189$859$612$431$190
29 years$1,545$1,122$800$562$390$166
30 years$1,478$1,059$745$515$352$144
31 years$1,415$1,002$695$473$318$126
32 years$1,356$948$648$435$288$110
33 years$1,300$897$605$400$260$96
34 years$1,248$851$565$368$236$83
35 years$1,199$807$529$339$214$73
36 years$1,153$766$494$312$194$63
37 years$1,110$727$463$288$175$55
38 years$1,068$691$433$265$159$48
39 years$1,029$657$406$244$144$42
40 years$993$625$381$225$131$37
41 years$958$595$357$208$119$32
42 years$924$567$335$192$108$28
43 years$893$540$314$177$98$24
44 years$863$515$295$164$89$21
45 years$834$491$277$151$81$19
46 years$807$468$260$140$73$16
47 years$780$447$244$129$66$14
48 years$756$427$230$119$60$12
49 years$732$407$216$110$55$11
50 years$709$389$203$102$50$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $726,000, adding $5,434 every year, while hoping to spend $36,526 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: 40/33/27 Blend
39$726,000$726,000$726,000$726,000
40$805,657$767,179$755,926$831,275
41$848,971$765,908$742,386$849,085
42$895,478$763,349$727,169$864,535
43$945,467$759,403$710,178$880,546
44$999,251$753,961$691,317$897,193
45$1,057,179$746,909$670,479$914,560
46$1,119,629$738,125$647,558$932,743
47$1,187,019$727,481$622,439$951,849
48$1,259,808$714,841$595,005$972,001
49$1,338,501$700,061$565,130$993,336
50$1,423,652$682,988$532,685$1,016,010
51$1,515,870$663,459$497,535$1,040,198
52$1,615,824$641,305$459,539$1,066,097
53$1,724,252$616,343$418,547$1,093,926
54$1,841,964$588,381$374,406$1,123,934
55$1,969,850$557,218$326,955$1,156,398
56$2,108,891$522,637$276,024$1,191,629
57$2,260,164$484,413$221,437$1,229,974
58$2,424,857$442,305$163,011$1,271,824
59$2,604,274$396,060$100,554$1,317,610
60$2,799,852$345,409$33,864$1,367,820
61$3,013,172$290,070$0$1,422,991
62$3,245,975$229,742$0$1,494,476
63$3,500,175$164,111$0$1,583,308
64$3,777,882$92,841$0$1,680,534
65$4,081,417$15,581$0$1,787,055
66$4,413,336$0$0$1,903,868
67$4,776,451$0$0$2,056,785
68$5,173,863$0$0$2,230,430
69$5,608,983$0$0$2,420,650
70$6,085,567$0$0$2,629,097
71$6,607,754$0$0$2,857,594
72$7,180,100$0$0$3,108,148
73$7,807,623$0$0$3,382,970
74$8,495,851$0$0$3,684,494
75$9,250,871$0$0$4,015,402
76$10,079,389$0$0$4,378,647
77$10,988,792$0$0$4,777,485
78$11,987,215$0$0$5,215,499
79$13,083,620$0$0$5,696,638
80$14,287,880$0$0$6,225,251
81$15,610,872$0$0$6,806,131
82$17,064,576$0$0$7,444,557
83$18,662,191$0$0$8,146,344
84$20,418,260$0$0$8,917,901
85$22,348,802$0$0$9,766,286
86$24,471,468$0$0$10,699,278
87$26,805,703$0$0$11,725,445
88$29,372,932$0$0$12,854,228
89$32,196,759$0$0$14,096,030
90$35,303,192$0$0$15,462,312
91$38,720,885$0$0$16,965,702
92$42,481,411$0$0$18,620,115
93$46,619,557$0$0$20,440,880
94$51,173,653$0$0$22,444,892
95$56,185,932$0$0$24,650,762
96$61,702,929$0$0$27,079,000
97$67,775,920$0$0$29,752,206
98$74,461,404$0$0$32,695,279
99$81,821,635$0$0$35,935,659
100$89,925,214$0$0$39,503,580