Can I retire at age 40 with 729,000?

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 $729,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$60,200$59,664$59,141$58,630$58,131$57,596
2 years$29,802$29,247$28,709$28,188$27,682$27,142
3 years$19,671$19,113$18,577$18,060$17,562$17,036
4 years$14,606$14,050$13,519$13,011$12,526$12,016
5 years$11,568$11,016$10,491$9,994$9,522$9,030
6 years$9,543$8,995$8,479$7,992$7,534$7,062
7 years$8,098$7,554$7,046$6,571$6,127$5,674
8 years$7,014$6,475$5,975$5,512$5,083$4,649
9 years$6,171$5,638$5,147$4,695$4,281$3,865
10 years$5,498$4,969$4,487$4,047$3,647$3,250
11 years$4,947$4,424$3,950$3,522$3,137$2,758
12 years$4,488$3,971$3,506$3,090$2,718$2,358
13 years$4,101$3,588$3,132$2,728$2,371$2,027
14 years$3,769$3,262$2,814$2,421$2,078$1,752
15 years$3,481$2,980$2,541$2,159$1,830$1,520
16 years$3,230$2,734$2,304$1,933$1,617$1,324
17 years$3,008$2,518$2,096$1,737$1,434$1,156
18 years$2,811$2,326$1,914$1,566$1,275$1,012
19 years$2,636$2,156$1,752$1,415$1,136$888
20 years$2,478$2,004$1,608$1,281$1,015$781
21 years$2,335$1,866$1,479$1,163$908$688
22 years$2,205$1,742$1,363$1,057$814$607
23 years$2,087$1,629$1,258$963$731$536
24 years$1,979$1,527$1,164$878$657$473
25 years$1,879$1,433$1,078$802$591$419
26 years$1,788$1,346$1,000$733$532$371
27 years$1,703$1,267$928$671$480$329
28 years$1,625$1,194$863$615$433$291
29 years$1,552$1,126$803$564$391$259
30 years$1,484$1,064$748$518$353$230
31 years$1,421$1,006$697$475$320$204
32 years$1,361$952$651$437$289$181
33 years$1,306$901$608$402$262$161
34 years$1,253$854$568$370$237$143
35 years$1,204$810$531$340$214$127
36 years$1,158$769$496$313$194$113
37 years$1,114$730$465$289$176$101
38 years$1,073$694$435$266$160$90
39 years$1,034$660$408$245$145$80
40 years$997$628$382$226$131$71
41 years$962$598$358$209$119$63
42 years$928$569$336$193$108$56
43 years$896$542$315$178$98$50
44 years$866$517$296$164$89$45
45 years$837$493$278$152$81$40
46 years$810$470$261$140$73$35
47 years$784$449$245$129$67$32
48 years$759$428$231$120$61$28
49 years$735$409$217$111$55$25
50 years$712$391$204$102$50$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $729,000, adding $6,783 every year, while hoping to spend $39,796 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: 79/12/9 Blend
39$729,000$729,000$729,000$729,000
40$810,355$771,718$760,418$872,727
41$850,668$767,189$743,550$910,098
42$893,760$761,105$724,782$945,221
43$939,871$753,347$704,010$982,579
44$989,267$743,790$681,123$1,022,377
45$1,042,237$732,300$656,005$1,064,840
46$1,099,100$718,738$628,536$1,110,216
47$1,160,205$702,953$598,590$1,158,780
48$1,225,937$684,788$566,033$1,210,834
49$1,296,716$664,076$530,729$1,266,710
50$1,373,005$640,640$492,532$1,326,776
51$1,455,312$614,293$451,293$1,391,436
52$1,544,196$584,835$406,853$1,461,138
53$1,640,270$552,058$359,049$1,536,373
54$1,744,209$515,740$307,708$1,617,686
55$1,856,753$475,646$252,651$1,705,675
56$1,978,717$431,528$193,690$1,801,001
57$2,110,998$383,125$130,631$1,904,394
58$2,254,581$330,159$63,268$2,016,657
59$2,410,549$272,338$0$2,138,678
60$2,580,096$209,353$0$2,272,263
61$2,764,532$140,877$0$2,424,201
62$2,965,300$66,566$0$2,589,622
63$3,183,988$0$0$2,769,864
64$3,422,343$0$0$2,968,240
65$3,682,289$0$0$3,194,192
66$3,965,942$0$0$3,440,771
67$4,275,631$0$0$3,710,005
68$4,613,921$0$0$4,004,127
69$4,983,635$0$0$4,325,594
70$5,387,881$0$0$4,677,111
71$5,830,082$0$0$5,061,658
72$6,314,005$0$0$5,482,514
73$6,843,800$0$0$5,943,292
74$7,424,036$0$0$6,447,968
75$8,059,744$0$0$7,000,922
76$8,756,466$0$0$7,606,979
77$9,520,304$0$0$8,271,450
78$10,357,981$0$0$9,000,187
79$11,276,898$0$0$9,799,634
80$12,285,210$0$0$10,676,889
81$13,391,899$0$0$11,639,772
82$14,606,859$0$0$12,696,895
83$15,940,988$0$0$13,857,746
84$17,406,292$0$0$15,132,775
85$19,015,995$0$0$16,533,495
86$20,784,667$0$0$18,072,590
87$22,728,358$0$0$19,764,031
88$24,864,751$0$0$21,623,213
89$27,213,326$0$0$23,667,094
90$29,795,545$0$0$25,914,358
91$32,635,055$0$0$28,385,589
92$35,757,905$0$0$31,103,467
93$39,192,800$0$0$34,092,978
94$42,971,364$0$0$37,381,653
95$47,128,438$0$0$40,999,826
96$51,702,416$0$0$44,980,918
97$56,735,596$0$0$49,361,754
98$62,274,585$0$0$54,182,907
99$68,370,738$0$0$59,489,084
100$75,080,639$0$0$65,329,547