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%16.1%
1 years$60,035$59,500$58,978$58,469$57,972$56,525
2 years$29,720$29,167$28,630$28,110$27,606$26,157
3 years$19,617$19,061$18,526$18,010$17,514$16,109
4 years$14,566$14,012$13,482$12,976$12,491$11,140
5 years$11,536$10,985$10,463$9,966$9,496$8,203
6 years$9,517$8,970$8,455$7,970$7,514$6,280
7 years$8,075$7,533$7,026$6,553$6,111$4,937
8 years$6,995$6,457$5,959$5,497$5,069$3,955
9 years$6,155$5,622$5,132$4,682$4,269$3,213
10 years$5,483$4,956$4,475$4,036$3,637$2,638
11 years$4,934$4,412$3,939$3,513$3,128$2,184
12 years$4,476$3,960$3,496$3,081$2,711$1,821
13 years$4,089$3,579$3,124$2,720$2,364$1,526
14 years$3,758$3,253$2,806$2,415$2,072$1,285
15 years$3,472$2,972$2,534$2,153$1,825$1,085
16 years$3,221$2,726$2,297$1,928$1,613$919
17 years$3,000$2,511$2,090$1,732$1,430$781
18 years$2,804$2,320$1,908$1,561$1,271$665
19 years$2,628$2,150$1,747$1,411$1,133$567
20 years$2,471$1,998$1,603$1,278$1,012$484
21 years$2,328$1,861$1,475$1,160$906$414
22 years$2,199$1,737$1,359$1,054$812$354
23 years$2,081$1,625$1,255$960$729$304
24 years$1,973$1,522$1,161$876$655$260
25 years$1,874$1,429$1,075$800$589$223
26 years$1,783$1,343$997$731$531$192
27 years$1,699$1,264$926$669$479$165
28 years$1,620$1,191$861$613$432$141
29 years$1,548$1,123$801$562$390$122
30 years$1,480$1,061$746$516$352$104
31 years$1,417$1,003$695$474$319$90
32 years$1,357$949$649$436$288$77
33 years$1,302$899$606$401$261$66
34 years$1,250$852$566$369$236$57
35 years$1,201$808$529$339$214$49
36 years$1,155$767$495$312$194$42
37 years$1,111$728$463$288$176$36
38 years$1,070$692$434$265$159$31
39 years$1,031$658$407$245$144$27
40 years$994$626$381$226$131$23
41 years$959$596$357$208$119$20
42 years$926$568$335$192$108$17
43 years$894$541$315$177$98$15
44 years$864$516$295$164$89$13
45 years$835$492$277$151$81$11
46 years$808$469$260$140$73$9
47 years$782$448$245$129$66$8
48 years$757$427$230$119$60$7
49 years$733$408$216$110$55$6
50 years$710$390$203$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $727,000, adding $4,891 every year, while hoping to spend $46,700 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: 75/12/13 Blend
39$727,000$727,000$727,000$727,000
40$806,199$767,668$756,400$864,146
41$838,743$755,595$732,051$891,000
42$873,041$741,366$705,321$914,100
43$909,223$724,825$676,081$938,134
44$947,430$705,808$644,196$963,179
45$987,817$684,141$609,525$989,322
46$1,030,551$659,641$571,921$1,016,659
47$1,075,817$632,112$531,230$1,045,297
48$1,123,814$601,350$487,290$1,075,354
49$1,174,762$567,135$439,933$1,106,962
50$1,228,901$529,237$388,984$1,140,266
51$1,286,493$487,414$334,259$1,175,428
52$1,347,824$441,407$275,566$1,212,627
53$1,413,211$390,944$212,706$1,252,062
54$1,482,995$335,738$145,469$1,293,953
55$1,557,556$275,484$73,637$1,338,544
56$1,637,305$209,861$0$1,386,107
57$1,722,697$138,531$0$1,437,361
58$1,814,227$61,134$0$1,503,145
59$1,912,442$0$0$1,573,640
60$2,017,939$0$0$1,652,286
61$2,131,376$0$0$1,745,552
62$2,253,473$0$0$1,845,960
63$2,385,021$0$0$1,954,164
64$2,526,891$0$0$2,070,882
65$2,680,038$0$0$2,196,904
66$2,845,510$0$0$2,333,095
67$3,024,462$0$0$2,480,409
68$3,218,162$0$0$2,639,894
69$3,428,003$0$0$2,812,700
70$3,655,518$0$0$3,000,094
71$3,902,392$0$0$3,203,468
72$4,170,478$0$0$3,424,353
73$4,461,816$0$0$3,664,433
74$4,778,647$0$0$3,925,562
75$5,123,440$0$0$4,209,777
76$5,498,909$0$0$4,519,322
77$5,908,041$0$0$4,856,666
78$6,354,124$0$0$5,224,524
79$6,840,777$0$0$5,625,887
80$7,371,982$0$0$6,064,046
81$7,952,123$0$0$6,542,622
82$8,586,027$0$0$7,065,605
83$9,279,008$0$0$7,637,385
84$10,036,914$0$0$8,262,796
85$10,866,187$0$0$8,947,160
86$11,773,920$0$0$9,696,338
87$12,767,922$0$0$10,516,784
88$13,856,794$0$0$11,415,605
89$15,050,006$0$0$12,400,629
90$16,357,991$0$0$13,480,475
91$17,792,236$0$0$14,664,637
92$19,365,394$0$0$15,963,572
93$21,091,403$0$0$17,388,798
94$22,985,613$0$0$18,953,000
95$25,064,933$0$0$20,670,152
96$27,347,989$0$0$22,555,649
97$29,855,300$0$0$24,626,446
98$32,609,468$0$0$26,901,224
99$35,635,392$0$0$29,400,560
100$38,960,503$0$0$32,147,123