Can I retire at age 40 with 728,000?

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 $728,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$60,118$59,582$59,060$58,550$58,052$57,686
2 years$29,761$29,207$28,670$28,149$27,644$27,275
3 years$19,644$19,087$18,551$18,035$17,538$17,177
4 years$14,586$14,031$13,501$12,993$12,508$12,159
5 years$11,552$11,000$10,477$9,980$9,509$9,171
6 years$9,530$8,983$8,467$7,981$7,524$7,199
7 years$8,087$7,544$7,036$6,562$6,119$5,806
8 years$7,004$6,466$5,967$5,505$5,076$4,776
9 years$6,163$5,630$5,139$4,689$4,275$3,988
10 years$5,490$4,963$4,481$4,042$3,642$3,368
11 years$4,940$4,418$3,945$3,517$3,133$2,870
12 years$4,482$3,965$3,501$3,085$2,715$2,464
13 years$4,095$3,583$3,128$2,724$2,367$2,128
14 years$3,763$3,257$2,810$2,418$2,075$1,848
15 years$3,476$2,976$2,537$2,156$1,827$1,611
16 years$3,225$2,730$2,300$1,931$1,615$1,409
17 years$3,004$2,514$2,093$1,735$1,432$1,237
18 years$2,808$2,323$1,911$1,563$1,273$1,088
19 years$2,632$2,153$1,749$1,413$1,135$960
20 years$2,474$2,001$1,606$1,279$1,014$848
21 years$2,332$1,864$1,477$1,161$907$751
22 years$2,202$1,740$1,361$1,056$813$666
23 years$2,084$1,627$1,257$962$730$591
24 years$1,976$1,525$1,162$877$656$525
25 years$1,877$1,431$1,076$801$590$467
26 years$1,785$1,345$998$732$532$416
27 years$1,701$1,265$927$670$479$371
28 years$1,623$1,192$862$614$433$331
29 years$1,550$1,125$802$563$391$295
30 years$1,482$1,062$747$517$353$263
31 years$1,419$1,004$696$475$319$235
32 years$1,359$950$650$436$289$210
33 years$1,304$900$607$401$261$188
34 years$1,252$853$567$369$236$168
35 years$1,202$809$530$340$214$150
36 years$1,156$768$496$313$194$134
37 years$1,113$729$464$288$176$120
38 years$1,071$693$435$266$159$108
39 years$1,032$659$407$245$145$96
40 years$995$627$382$226$131$86
41 years$960$597$358$209$119$77
42 years$927$568$336$192$108$69
43 years$895$542$315$178$98$62
44 years$865$516$296$164$89$56
45 years$836$492$278$151$81$50
46 years$809$470$261$140$73$45
47 years$783$448$245$129$67$40
48 years$758$428$230$119$60$36
49 years$734$409$216$110$55$32
50 years$711$390$203$102$50$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $728,000, adding $3,926 every year, while hoping to spend $20,647 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: 44/33/23 Blend
39$728,000$728,000$728,000$728,000
40$806,306$767,722$756,438$836,254
41$866,581$783,372$759,810$873,488
42$932,312$799,097$762,603$911,515
43$1,004,033$814,878$764,777$952,320
44$1,082,334$830,697$766,286$996,173
45$1,167,863$846,532$767,087$1,043,367
46$1,261,331$862,358$767,131$1,094,232
47$1,363,526$878,153$766,369$1,149,126
48$1,475,311$893,887$764,748$1,208,447
49$1,597,638$909,533$762,212$1,272,633
50$1,731,556$925,059$758,705$1,342,169
51$1,878,218$940,430$754,165$1,417,588
52$2,038,896$955,612$748,530$1,499,478
53$2,214,990$970,563$741,732$1,588,489
54$2,408,042$985,244$733,703$1,685,339
55$2,619,750$999,608$724,369$1,790,816
56$2,851,983$1,013,607$713,654$1,905,794
57$3,106,802$1,027,191$701,479$2,031,235
58$3,386,476$1,040,304$687,758$2,168,199
59$3,693,505$1,052,887$672,406$2,317,858
60$4,030,641$1,064,877$655,330$2,481,504
61$4,400,918$1,076,207$636,435$2,660,560
62$4,807,676$1,086,805$615,620$2,856,598
63$5,254,596$1,096,596$592,781$3,071,352
64$5,745,732$1,105,497$567,807$3,306,734
65$6,285,553$1,113,422$540,584$3,564,851
66$6,878,978$1,120,279$510,993$3,848,031
67$7,531,431$1,125,969$478,908$4,158,839
68$8,248,883$1,130,389$444,198$4,500,103
69$9,037,917$1,133,426$406,726$4,874,944
70$9,905,784$1,134,962$366,350$5,286,802
71$10,860,471$1,134,873$322,921$5,739,474
72$11,910,783$1,133,025$276,282$6,237,144
73$13,066,416$1,129,277$226,271$6,784,426
74$14,338,057$1,123,478$172,717$7,386,410
75$15,737,479$1,115,469$115,444$8,048,708
76$17,277,656$1,105,081$54,265$8,777,507
77$18,972,883$1,092,135$0$9,579,631
78$20,838,909$1,076,442$0$10,465,309
79$22,893,089$1,057,799$0$11,454,518
80$25,154,547$1,035,995$0$12,543,126
81$27,644,355$1,010,802$0$13,741,271
82$30,385,730$981,982$0$15,060,128
83$33,404,257$949,282$0$16,512,015
84$36,728,128$912,434$0$18,110,508
85$40,388,409$871,155$0$19,870,571
86$44,419,329$825,144$0$21,808,699
87$48,858,609$774,084$0$23,943,070
88$53,747,814$717,641$0$26,293,722
89$59,132,745$655,460$0$28,882,739
90$65,063,872$587,165$0$31,734,464
91$71,596,812$512,360$0$34,875,727
92$78,792,849$430,628$0$38,336,096
93$86,719,516$341,525$0$42,148,165
94$95,451,231$244,585$0$46,347,855
95$105,070,001$139,314$0$50,974,758
96$115,666,192$25,191$0$56,072,509
97$127,339,384$0$0$61,689,202
98$140,199,312$0$0$67,913,552
99$154,366,900$0$0$74,781,044
100$169,975,399$0$0$82,347,139