Can I retire at age 40 with 732,000?

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 $732,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$60,448$59,909$59,384$58,871$58,371$56,661
2 years$29,925$29,367$28,827$28,304$27,796$26,087
3 years$19,752$19,192$18,653$18,134$17,635$15,981
4 years$14,666$14,108$13,575$13,065$12,577$10,991
5 years$11,616$11,061$10,535$10,035$9,561$8,046
6 years$9,583$9,032$8,513$8,025$7,565$6,123
7 years$8,131$7,585$7,075$6,598$6,153$4,784
8 years$7,043$6,502$6,000$5,535$5,104$3,807
9 years$6,197$5,661$5,168$4,714$4,298$3,072
10 years$5,520$4,990$4,505$4,064$3,662$2,506
11 years$4,967$4,442$3,966$3,537$3,150$2,060
12 years$4,507$3,987$3,520$3,102$2,730$1,705
13 years$4,118$3,603$3,145$2,739$2,380$1,418
14 years$3,784$3,275$2,826$2,431$2,087$1,185
15 years$3,495$2,992$2,551$2,168$1,837$993
16 years$3,243$2,745$2,313$1,941$1,624$835
17 years$3,021$2,528$2,105$1,744$1,440$704
18 years$2,823$2,336$1,921$1,572$1,280$594
19 years$2,647$2,165$1,759$1,420$1,141$502
20 years$2,488$2,012$1,614$1,286$1,019$425
21 years$2,344$1,874$1,485$1,168$912$361
22 years$2,214$1,749$1,369$1,062$817$306
23 years$2,096$1,636$1,264$967$734$260
24 years$1,987$1,533$1,169$882$660$221
25 years$1,887$1,439$1,082$805$594$188
26 years$1,795$1,352$1,004$736$535$160
27 years$1,710$1,272$932$674$482$136
28 years$1,631$1,199$867$617$435$116
29 years$1,558$1,131$806$566$393$99
30 years$1,490$1,068$751$520$355$84
31 years$1,426$1,010$700$477$321$72
32 years$1,367$955$653$439$290$61
33 years$1,311$905$610$403$263$52
34 years$1,258$858$570$371$238$44
35 years$1,209$813$533$342$215$38
36 years$1,163$772$499$315$195$32
37 years$1,119$733$467$290$177$28
38 years$1,077$697$437$267$160$23
39 years$1,038$663$409$246$145$20
40 years$1,001$630$384$227$132$17
41 years$965$600$360$210$120$15
42 years$932$572$338$194$109$12
43 years$900$545$317$179$99$11
44 years$870$519$297$165$89$9
45 years$841$495$279$152$81$8
46 years$813$472$262$141$74$7
47 years$787$451$246$130$67$6
48 years$762$430$231$120$61$5
49 years$738$411$218$111$55$4
50 years$715$392$205$103$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $732,000, adding $5,084 every year, while hoping to spend $40,805 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: 54/21/25 Blend
39$732,000$732,000$732,000$732,000
40$811,908$773,112$761,766$849,894
41$851,307$767,578$743,869$871,084
42$893,356$760,406$724,005$889,495
43$938,284$751,471$702,065$908,698
44$986,339$740,644$677,934$928,782
45$1,037,795$727,785$651,494$949,849
46$1,092,951$712,747$622,621$972,013
47$1,152,137$695,376$591,182$995,401
48$1,215,711$675,506$557,044$1,020,157
49$1,284,072$652,964$520,062$1,046,441
50$1,357,652$627,564$480,089$1,074,433
51$1,436,929$599,112$436,969$1,104,334
52$1,522,428$567,400$390,540$1,136,368
53$1,614,724$532,211$340,631$1,170,787
54$1,714,450$493,314$287,067$1,207,869
55$1,822,301$450,463$229,661$1,247,929
56$1,939,042$403,402$168,221$1,291,313
57$2,065,513$351,857$102,545$1,338,410
58$2,202,638$295,541$32,422$1,389,652
59$2,351,432$234,147$0$1,445,519
60$2,513,013$167,356$0$1,517,860
61$2,688,610$94,826$0$1,605,922
62$2,879,575$16,199$0$1,701,771
63$3,087,395$0$0$1,806,209
64$3,313,707$0$0$1,936,044
65$3,560,312$0$0$2,081,664
66$3,829,192$0$0$2,240,503
67$4,122,528$0$0$2,413,859
68$4,442,722$0$0$2,603,159
69$4,792,415$0$0$2,809,976
70$5,174,518$0$0$3,036,038
71$5,592,234$0$0$3,283,251
72$6,049,088$0$0$3,553,712
73$6,548,966$0$0$3,849,730
74$7,096,141$0$0$4,173,849
75$7,695,322$0$0$4,528,869
76$8,351,694$0$0$4,917,873
77$9,070,967$0$0$5,344,258
78$9,859,428$0$0$5,811,765
79$10,724,004$0$0$6,324,512
80$11,672,323$0$0$6,887,038
81$12,712,786$0$0$7,504,340
82$13,854,647$0$0$8,181,925
83$15,108,101$0$0$8,925,855
84$16,484,376$0$0$9,742,812
85$17,995,842$0$0$10,640,153
86$19,656,124$0$0$11,625,986
87$21,480,232$0$0$12,709,241
88$23,484,704$0$0$13,899,756
89$25,687,758$0$0$15,208,370
90$28,109,462$0$0$16,647,024
91$30,771,929$0$0$18,228,873
92$33,699,520$0$0$19,968,413
93$36,919,074$0$0$21,881,612
94$40,460,162$0$0$23,986,065
95$44,355,364$0$0$26,301,156
96$48,640,577$0$0$28,848,245
97$53,355,353$0$0$31,650,865
98$58,543,268$0$0$34,734,945
99$64,252,340$0$0$38,129,055
100$70,535,473$0$0$41,864,676