Can I retire at age 40 with 727,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.6%
1 years$60,035$59,500$58,978$58,469$57,972$55,738
2 years$29,720$29,167$28,630$28,110$27,606$25,382
3 years$19,617$19,061$18,526$18,010$17,514$15,370
4 years$14,566$14,012$13,482$12,976$12,491$10,443
5 years$11,536$10,985$10,463$9,966$9,496$7,549
6 years$9,517$8,970$8,455$7,970$7,514$5,670
7 years$8,075$7,533$7,026$6,553$6,111$4,369
8 years$6,995$6,457$5,959$5,497$5,069$3,428
9 years$6,155$5,622$5,132$4,682$4,269$2,726
10 years$5,483$4,956$4,475$4,036$3,637$2,190
11 years$4,934$4,412$3,939$3,513$3,128$1,773
12 years$4,476$3,960$3,496$3,081$2,711$1,444
13 years$4,089$3,579$3,124$2,720$2,364$1,182
14 years$3,758$3,253$2,806$2,415$2,072$971
15 years$3,472$2,972$2,534$2,153$1,825$800
16 years$3,221$2,726$2,297$1,928$1,613$661
17 years$3,000$2,511$2,090$1,732$1,430$547
18 years$2,804$2,320$1,908$1,561$1,271$454
19 years$2,628$2,150$1,747$1,411$1,133$377
20 years$2,471$1,998$1,603$1,278$1,012$313
21 years$2,328$1,861$1,475$1,160$906$261
22 years$2,199$1,737$1,359$1,054$812$217
23 years$2,081$1,625$1,255$960$729$181
24 years$1,973$1,522$1,161$876$655$151
25 years$1,874$1,429$1,075$800$589$126
26 years$1,783$1,343$997$731$531$105
27 years$1,699$1,264$926$669$479$88
28 years$1,620$1,191$861$613$432$73
29 years$1,548$1,123$801$562$390$61
30 years$1,480$1,061$746$516$352$51
31 years$1,417$1,003$695$474$319$43
32 years$1,357$949$649$436$288$36
33 years$1,302$899$606$401$261$30
34 years$1,250$852$566$369$236$25
35 years$1,201$808$529$339$214$21
36 years$1,155$767$495$312$194$17
37 years$1,111$728$463$288$176$15
38 years$1,070$692$434$265$159$12
39 years$1,031$658$407$245$144$10
40 years$994$626$381$226$131$9
41 years$959$596$357$208$119$7
42 years$926$568$335$192$108$6
43 years$894$541$315$177$98$5
44 years$864$516$295$164$89$4
45 years$835$492$277$151$81$3
46 years$808$469$260$140$73$3
47 years$782$448$245$129$66$2
48 years$757$427$230$119$60$2
49 years$733$408$216$110$55$2
50 years$710$390$203$102$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $727,000, adding $6,301 every year, while hoping to spend $36,643 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: 77/18/5 Blend
39$727,000$727,000$727,000$727,000
40$807,653$769,122$757,854$869,135
41$851,046$767,822$744,254$909,057
42$897,637$765,229$728,971$947,422
43$947,713$761,242$711,908$988,392
44$1,001,590$755,754$692,968$1,032,210
45$1,059,615$748,648$672,045$1,079,143
46$1,122,168$739,804$649,031$1,129,487
47$1,189,668$729,093$623,812$1,183,565
48$1,262,573$716,377$596,268$1,241,735
49$1,341,388$701,513$566,276$1,304,392
50$1,426,669$684,346$533,705$1,371,972
51$1,519,024$664,714$498,420$1,444,954
52$1,619,126$642,446$460,278$1,523,867
53$1,727,710$617,360$419,131$1,609,296
54$1,845,588$589,262$374,823$1,701,884
55$1,973,651$557,949$327,193$1,802,340
56$2,112,882$523,206$276,072$1,911,450
57$2,264,358$484,805$221,282$2,030,075
58$2,429,267$442,506$162,640$2,159,170
59$2,608,916$396,053$99,953$2,299,784
60$2,804,744$345,177$33,019$2,453,077
61$3,018,331$289,595$0$2,620,328
62$3,251,422$229,005$0$2,804,996
63$3,505,931$163,091$0$3,008,600
64$3,783,971$91,518$0$3,231,104
65$4,087,865$13,931$0$3,474,414
66$4,420,171$0$0$3,740,629
67$4,783,705$0$0$4,045,939
68$5,181,569$0$0$4,383,126
69$5,617,178$0$0$4,752,328
70$6,094,292$0$0$5,156,735
71$6,617,054$0$0$5,599,862
72$7,190,022$0$0$6,085,577
73$7,818,222$0$0$6,618,143
74$8,507,184$0$0$7,202,253
75$9,263,003$0$0$7,843,078
76$10,092,391$0$0$8,546,313
77$11,002,739$0$0$9,318,229
78$12,002,192$0$0$10,165,737
79$13,099,721$0$0$11,096,448
80$14,305,206$0$0$12,118,746
81$15,629,534$0$0$13,241,868
82$17,084,698$0$0$14,475,989
83$18,683,908$0$0$15,832,319
84$20,441,719$0$0$17,323,208
85$22,374,167$0$0$18,962,262
86$24,498,917$0$0$20,764,469
87$26,835,434$0$0$22,746,346
88$29,405,160$0$0$24,926,087
89$32,231,723$0$0$27,323,739
90$35,341,153$0$0$29,961,391
91$38,762,131$0$0$32,863,377
92$42,526,259$0$0$36,056,513
93$46,668,355$0$0$39,570,343
94$51,226,784$0$0$43,437,419
95$56,243,818$0$0$47,693,611
96$61,766,034$0$0$52,378,439
97$67,844,755$0$0$57,535,453
98$74,536,531$0$0$63,212,636
99$81,903,673$0$0$69,462,861
100$90,014,843$0$0$76,344,390