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%11.9%
1 years$59,952$59,418$58,897$58,389$57,892$57,431
2 years$29,679$29,127$28,591$28,072$27,568$27,103
3 years$19,590$19,035$18,500$17,986$17,490$17,036
4 years$14,546$13,992$13,463$12,958$12,474$12,034
5 years$11,520$10,970$10,448$9,953$9,483$9,058
6 years$9,504$8,958$8,444$7,959$7,503$7,095
7 years$8,064$7,523$7,017$6,544$6,102$5,710
8 years$6,985$6,449$5,951$5,489$5,062$4,686
9 years$6,146$5,615$5,125$4,676$4,263$3,903
10 years$5,475$4,949$4,468$4,031$3,632$3,289
11 years$4,927$4,406$3,934$3,508$3,124$2,796
12 years$4,470$3,954$3,491$3,077$2,707$2,394
13 years$4,084$3,574$3,119$2,716$2,361$2,063
14 years$3,753$3,248$2,803$2,411$2,069$1,786
15 years$3,467$2,967$2,530$2,150$1,822$1,553
16 years$3,216$2,723$2,294$1,925$1,610$1,355
17 years$2,996$2,507$2,088$1,730$1,428$1,186
18 years$2,800$2,317$1,906$1,559$1,270$1,041
19 years$2,625$2,147$1,745$1,409$1,132$915
20 years$2,467$1,995$1,601$1,276$1,011$806
21 years$2,325$1,859$1,473$1,158$905$712
22 years$2,196$1,735$1,357$1,053$811$629
23 years$2,078$1,623$1,253$959$728$557
24 years$1,971$1,520$1,159$875$654$493
25 years$1,872$1,427$1,074$799$589$437
26 years$1,781$1,341$996$730$530$388
27 years$1,696$1,262$925$668$478$345
28 years$1,618$1,189$859$612$431$307
29 years$1,545$1,122$800$562$390$273
30 years$1,478$1,059$745$515$352$243
31 years$1,415$1,002$695$473$318$216
32 years$1,356$948$648$435$288$192
33 years$1,300$897$605$400$260$171
34 years$1,248$851$565$368$236$153
35 years$1,199$807$529$339$214$136
36 years$1,153$766$494$312$194$121
37 years$1,110$727$463$288$175$108
38 years$1,068$691$433$265$159$97
39 years$1,029$657$406$244$144$86
40 years$993$625$381$225$131$77
41 years$958$595$357$208$119$69
42 years$924$567$335$192$108$61
43 years$893$540$314$177$98$55
44 years$863$515$295$164$89$49
45 years$834$491$277$151$81$44
46 years$807$468$260$140$73$39
47 years$780$447$244$129$66$35
48 years$756$427$230$119$60$31
49 years$732$407$216$110$55$28
50 years$709$389$203$102$50$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $726,000, adding $3,785 every year, while hoping to spend $46,047 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: 44/32/24 Blend
39$726,000$726,000$726,000$726,000
40$803,956$765,478$754,225$833,588
41$836,966$753,993$730,498$843,482
42$871,800$740,402$704,433$849,451
43$908,594$724,553$675,902$855,004
44$947,500$706,285$644,774$860,128
45$988,680$685,428$610,910$864,811
46$1,032,314$661,802$574,163$869,042
47$1,078,596$635,216$534,384$872,816
48$1,127,740$605,469$491,412$876,128
49$1,179,979$572,346$445,084$878,980
50$1,235,568$535,623$395,226$881,375
51$1,294,788$495,060$341,658$883,326
52$1,357,943$450,405$284,190$884,849
53$1,425,369$401,391$222,627$885,969
54$1,497,434$347,736$156,762$886,717
55$1,574,540$289,143$86,381$887,137
56$1,657,128$225,296$11,260$887,280
57$1,745,682$155,863$0$887,213
58$1,840,735$80,493$0$904,660
59$1,942,867$0$0$926,296
60$2,052,721$0$0$949,828
61$2,170,997$0$0$1,005,745
62$2,298,468$0$0$1,066,075
63$2,435,980$0$0$1,131,227
64$2,584,466$0$0$1,201,652
65$2,744,947$0$0$1,277,844
66$2,918,550$0$0$1,360,346
67$3,106,508$0$0$1,449,758
68$3,310,181$0$0$1,546,734
69$3,531,064$0$0$1,651,999
70$3,770,799$0$0$1,766,347
71$4,031,194$0$0$1,890,653
72$4,314,235$0$0$2,025,879
73$4,622,110$0$0$2,173,082
74$4,957,225$0$0$2,333,428
75$5,322,227$0$0$2,508,197
76$5,720,029$0$0$2,698,802
77$6,153,837$0$0$2,906,793
78$6,627,180$0$0$3,133,879
79$7,143,943$0$0$3,381,943
80$7,708,399$0$0$3,653,053
81$8,325,258$0$0$3,949,491
82$8,999,700$0$0$4,273,765
83$9,737,431$0$0$4,628,641
84$10,544,733$0$0$5,017,161
85$11,428,523$0$0$5,442,676
86$12,396,419$0$0$5,908,878
87$13,456,810$0$0$6,419,831
88$14,618,932$0$0$6,980,010
89$15,892,962$0$0$7,594,346
90$17,290,104$0$0$8,268,269
91$18,822,700$0$0$9,007,761
92$20,504,345$0$0$9,819,409
93$22,350,012$0$0$10,710,469
94$24,376,195$0$0$11,688,937
95$26,601,063$0$0$12,763,617
96$29,044,630$0$0$13,944,211
97$31,728,943$0$0$15,241,404
98$34,678,293$0$0$16,666,970
99$37,919,436$0$0$18,233,878
100$41,481,849$0$0$19,956,418