Can I retire at age 40 with 727,000?

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 $727,000?

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$60,035$59,500$58,978$58,469$57,972$56,895
2 years$29,720$29,167$28,630$28,110$27,606$26,524
3 years$19,617$19,061$18,526$18,010$17,514$16,462
4 years$14,566$14,012$13,482$12,976$12,491$11,477
5 years$11,536$10,985$10,463$9,966$9,496$8,522
6 years$9,517$8,970$8,455$7,970$7,514$6,582
7 years$8,075$7,533$7,026$6,553$6,111$5,221
8 years$6,995$6,457$5,959$5,497$5,069$4,221
9 years$6,155$5,622$5,132$4,682$4,269$3,463
10 years$5,483$4,956$4,475$4,036$3,637$2,871
11 years$4,934$4,412$3,939$3,513$3,128$2,402
12 years$4,476$3,960$3,496$3,081$2,711$2,023
13 years$4,089$3,579$3,124$2,720$2,364$1,714
14 years$3,758$3,253$2,806$2,415$2,072$1,458
15 years$3,472$2,972$2,534$2,153$1,825$1,246
16 years$3,221$2,726$2,297$1,928$1,613$1,068
17 years$3,000$2,511$2,090$1,732$1,430$917
18 years$2,804$2,320$1,908$1,561$1,271$790
19 years$2,628$2,150$1,747$1,411$1,133$682
20 years$2,471$1,998$1,603$1,278$1,012$589
21 years$2,328$1,861$1,475$1,160$906$510
22 years$2,199$1,737$1,359$1,054$812$442
23 years$2,081$1,625$1,255$960$729$383
24 years$1,973$1,522$1,161$876$655$333
25 years$1,874$1,429$1,075$800$589$289
26 years$1,783$1,343$997$731$531$252
27 years$1,699$1,264$926$669$479$219
28 years$1,620$1,191$861$613$432$190
29 years$1,548$1,123$801$562$390$166
30 years$1,480$1,061$746$516$352$144
31 years$1,417$1,003$695$474$319$126
32 years$1,357$949$649$436$288$110
33 years$1,302$899$606$401$261$96
34 years$1,250$852$566$369$236$83
35 years$1,201$808$529$339$214$73
36 years$1,155$767$495$312$194$63
37 years$1,111$728$463$288$176$55
38 years$1,070$692$434$265$159$48
39 years$1,031$658$407$245$144$42
40 years$994$626$381$226$131$37
41 years$959$596$357$208$119$32
42 years$926$568$335$192$108$28
43 years$894$541$315$177$98$24
44 years$864$516$295$164$89$21
45 years$835$492$277$151$81$19
46 years$808$469$260$140$73$16
47 years$782$448$245$129$66$14
48 years$757$427$230$119$60$12
49 years$733$408$216$110$55$11
50 years$710$390$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 $727,000, adding $5,368 every year, while hoping to spend $33,797 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: 87/5/8 Blend
39$727,000$727,000$727,000$727,000
40$806,691$768,160$756,892$875,757
41$853,014$769,840$746,288$923,275
42$902,929$770,470$734,196$970,270
43$956,767$769,962$720,531$1,020,840
44$1,014,891$768,224$705,202$1,075,320
45$1,077,700$765,158$688,117$1,134,082
46$1,145,634$760,659$669,177$1,197,531
47$1,219,174$754,617$648,281$1,266,117
48$1,298,851$746,914$625,319$1,340,332
49$1,385,248$737,427$600,181$1,420,720
50$1,479,005$726,023$572,749$1,507,879
51$1,580,829$712,563$542,901$1,602,468
52$1,691,493$696,898$510,508$1,705,211
53$1,811,852$678,873$475,437$1,816,909
54$1,942,845$658,321$437,548$1,938,440
55$2,085,503$635,067$396,694$2,070,774
56$2,240,964$608,925$352,723$2,214,978
57$2,410,478$579,698$305,475$2,372,228
58$2,595,422$547,179$254,783$2,543,819
59$2,797,311$511,146$200,475$2,731,178
60$3,017,814$471,369$142,367$2,935,878
61$3,258,765$427,601$80,271$3,159,650
62$3,522,188$379,582$13,988$3,404,402
63$3,810,306$327,037$0$3,672,238
64$4,125,572$269,677$0$3,970,317
65$4,470,684$207,194$0$4,297,938
66$4,848,612$139,265$0$4,656,737
67$5,262,630$65,548$0$5,049,833
68$5,716,340$0$0$5,480,663
69$6,213,712$0$0$5,953,798
70$6,759,116$0$0$6,476,588
71$7,357,367$0$0$7,050,040
72$8,013,768$0$0$7,679,239
73$8,734,159$0$0$8,369,784
74$9,524,973$0$0$9,127,844
75$10,393,299$0$0$9,960,213
76$11,346,943$0$0$10,874,375
77$12,394,504$0$0$11,878,575
78$13,545,457$0$0$12,981,897
79$14,810,238$0$0$14,194,346
80$16,200,347$0$0$15,526,947
81$17,728,449$0$0$16,991,843
82$19,408,501$0$0$18,602,415
83$21,255,879$0$0$20,373,404
84$23,287,523$0$0$22,321,049
85$25,522,095$0$0$24,463,246
86$27,980,161$0$0$26,819,709
87$30,684,375$0$0$29,412,159
88$33,659,702$0$0$32,264,529
89$36,933,646$0$0$35,403,189
90$40,536,513$0$0$38,857,195
91$44,501,695$0$0$42,658,560
92$48,865,985$0$0$46,842,559
93$53,669,924$0$0$51,448,060
94$58,958,182$0$0$56,517,890
95$64,779,981$0$0$62,099,240
96$71,189,558$0$0$68,244,108
97$78,246,675$0$0$75,009,791
98$86,017,185$0$0$82,459,425
99$94,573,652$0$0$90,662,578
100$103,996,034$0$0$99,695,910