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%13.2%
1 years$59,952$59,418$58,897$58,389$57,892$57,121
2 years$29,679$29,127$28,591$28,072$27,568$26,792
3 years$19,590$19,035$18,500$17,986$17,490$16,734
4 years$14,546$13,992$13,463$12,958$12,474$11,744
5 years$11,520$10,970$10,448$9,953$9,483$8,780
6 years$9,504$8,958$8,444$7,959$7,503$6,829
7 years$8,064$7,523$7,017$6,544$6,102$5,456
8 years$6,985$6,449$5,951$5,489$5,062$4,445
9 years$6,146$5,615$5,125$4,676$4,263$3,674
10 years$5,475$4,949$4,468$4,031$3,632$3,071
11 years$4,927$4,406$3,934$3,508$3,124$2,590
12 years$4,470$3,954$3,491$3,077$2,707$2,200
13 years$4,084$3,574$3,119$2,716$2,361$1,879
14 years$3,753$3,248$2,803$2,411$2,069$1,613
15 years$3,467$2,967$2,530$2,150$1,822$1,391
16 years$3,216$2,723$2,294$1,925$1,610$1,203
17 years$2,996$2,507$2,088$1,730$1,428$1,043
18 years$2,800$2,317$1,906$1,559$1,270$907
19 years$2,625$2,147$1,745$1,409$1,132$790
20 years$2,467$1,995$1,601$1,276$1,011$689
21 years$2,325$1,859$1,473$1,158$905$603
22 years$2,196$1,735$1,357$1,053$811$527
23 years$2,078$1,623$1,253$959$728$462
24 years$1,971$1,520$1,159$875$654$405
25 years$1,872$1,427$1,074$799$589$356
26 years$1,781$1,341$996$730$530$313
27 years$1,696$1,262$925$668$478$275
28 years$1,618$1,189$859$612$431$242
29 years$1,545$1,122$800$562$390$213
30 years$1,478$1,059$745$515$352$187
31 years$1,415$1,002$695$473$318$165
32 years$1,356$948$648$435$288$145
33 years$1,300$897$605$400$260$128
34 years$1,248$851$565$368$236$113
35 years$1,199$807$529$339$214$100
36 years$1,153$766$494$312$194$88
37 years$1,110$727$463$288$175$78
38 years$1,068$691$433$265$159$68
39 years$1,029$657$406$244$144$60
40 years$993$625$381$225$131$53
41 years$958$595$357$208$119$47
42 years$924$567$335$192$108$42
43 years$893$540$314$177$98$37
44 years$863$515$295$164$89$32
45 years$834$491$277$151$81$29
46 years$807$468$260$140$73$25
47 years$780$447$244$129$66$22
48 years$756$427$230$119$60$20
49 years$732$407$216$110$55$17
50 years$709$389$203$102$50$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $726,000, adding $6,309 every year, while hoping to spend $32,797 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: 81/10/9 Blend
39$726,000$726,000$726,000$726,000
40$806,560$768,082$756,829$870,330
41$853,933$770,822$747,287$915,765
42$905,039$772,597$736,326$960,650
43$960,224$773,326$723,864$1,008,929
44$1,019,869$772,920$709,815$1,060,926
45$1,084,391$771,289$694,089$1,116,994
46$1,154,250$768,333$676,592$1,177,527
47$1,229,950$763,948$657,225$1,242,954
48$1,312,048$758,025$635,885$1,313,750
49$1,401,155$750,446$612,465$1,390,438
50$1,497,941$741,086$586,851$1,473,595
51$1,603,147$729,815$558,926$1,563,855
52$1,717,584$716,492$528,567$1,661,919
53$1,842,149$700,971$495,644$1,768,557
54$1,977,823$683,094$460,024$1,884,619
55$2,125,692$662,697$421,566$2,011,041
56$2,286,946$639,603$380,122$2,148,856
57$2,462,898$613,626$335,539$2,299,201
58$2,654,992$584,572$287,658$2,463,330
59$2,864,817$552,232$236,310$2,642,623
60$3,094,123$516,386$181,321$2,838,605
61$3,344,836$476,802$122,508$3,052,954
62$3,619,079$433,234$59,681$3,287,519
63$3,919,186$385,423$0$3,544,340
64$4,247,729$333,095$0$3,826,373
65$4,607,540$275,960$0$4,141,548
66$5,001,738$213,711$0$4,486,881
67$5,433,757$146,025$0$4,865,404
68$5,907,380$72,560$0$5,280,458
69$6,426,774$0$0$5,735,722
70$6,996,526$0$0$6,236,028
71$7,621,691$0$0$6,793,773
72$8,307,835$0$0$7,405,939
73$9,061,091$0$0$8,078,002
74$9,888,214$0$0$8,815,990
75$10,796,645$0$0$9,626,545
76$11,794,580$0$0$10,516,983
77$12,891,049$0$0$11,495,364
78$14,096,002$0$0$12,570,568
79$15,420,397$0$0$13,752,378
80$16,876,308$0$0$15,051,569
81$18,477,037$0$0$16,480,017
82$20,237,240$0$0$18,050,801
83$22,173,064$0$0$19,778,335
84$24,302,297$0$0$21,678,497
85$26,644,542$0$0$23,768,784
86$29,221,392$0$0$26,068,470
87$32,056,644$0$0$28,598,796
88$35,176,513$0$0$31,383,162
89$38,609,886$0$0$34,447,352
90$42,388,593$0$0$37,819,779
91$46,547,704$0$0$41,531,745
92$51,125,861$0$0$45,617,743
93$56,165,645$0$0$50,115,780
94$61,713,972$0$0$55,067,736
95$67,822,541$0$0$60,519,756
96$74,548,316$0$0$66,522,688
97$81,954,069$0$0$73,132,561
98$90,108,967$0$0$80,411,115
99$99,089,224$0$0$88,426,381
100$108,978,826$0$0$97,253,325