Can I retire at age 40 with 732,000?

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 $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%13.3%
1 years$60,448$59,909$59,384$58,871$58,371$57,570
2 years$29,925$29,367$28,827$28,304$27,796$26,990
3 years$19,752$19,192$18,653$18,134$17,635$16,850
4 years$14,666$14,108$13,575$13,065$12,577$11,819
5 years$11,616$11,061$10,535$10,035$9,561$8,831
6 years$9,583$9,032$8,513$8,025$7,565$6,865
7 years$8,131$7,585$7,075$6,598$6,153$5,482
8 years$7,043$6,502$6,000$5,535$5,104$4,463
9 years$6,197$5,661$5,168$4,714$4,298$3,687
10 years$5,520$4,990$4,505$4,064$3,662$3,080
11 years$4,967$4,442$3,966$3,537$3,150$2,596
12 years$4,507$3,987$3,520$3,102$2,730$2,204
13 years$4,118$3,603$3,145$2,739$2,380$1,881
14 years$3,784$3,275$2,826$2,431$2,087$1,614
15 years$3,495$2,992$2,551$2,168$1,837$1,390
16 years$3,243$2,745$2,313$1,941$1,624$1,201
17 years$3,021$2,528$2,105$1,744$1,440$1,041
18 years$2,823$2,336$1,921$1,572$1,280$904
19 years$2,647$2,165$1,759$1,420$1,141$787
20 years$2,488$2,012$1,614$1,286$1,019$687
21 years$2,344$1,874$1,485$1,168$912$600
22 years$2,214$1,749$1,369$1,062$817$525
23 years$2,096$1,636$1,264$967$734$459
24 years$1,987$1,533$1,169$882$660$403
25 years$1,887$1,439$1,082$805$594$353
26 years$1,795$1,352$1,004$736$535$310
27 years$1,710$1,272$932$674$482$272
28 years$1,631$1,199$867$617$435$239
29 years$1,558$1,131$806$566$393$210
30 years$1,490$1,068$751$520$355$185
31 years$1,426$1,010$700$477$321$163
32 years$1,367$955$653$439$290$143
33 years$1,311$905$610$403$263$126
34 years$1,258$858$570$371$238$111
35 years$1,209$813$533$342$215$98
36 years$1,163$772$499$315$195$86
37 years$1,119$733$467$290$177$76
38 years$1,077$697$437$267$160$67
39 years$1,038$663$409$246$145$59
40 years$1,001$630$384$227$132$52
41 years$965$600$360$210$120$46
42 years$932$572$338$194$109$41
43 years$900$545$317$179$99$36
44 years$870$519$297$165$89$32
45 years$841$495$279$152$81$28
46 years$813$472$262$141$74$25
47 years$787$451$246$130$67$22
48 years$762$430$231$120$61$19
49 years$738$411$218$111$55$17
50 years$715$392$205$103$50$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $732,000, adding $6,879 every year, while hoping to spend $33,138 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: 37/44/19 Blend
39$732,000$732,000$732,000$732,000
40$813,760$774,964$763,618$838,976
41$861,505$777,678$753,940$860,578
42$913,009$779,415$742,828$880,271
43$968,621$780,092$730,198$900,853
44$1,028,724$779,620$715,963$922,424
45$1,093,738$777,906$700,032$945,094
46$1,164,126$774,850$682,311$968,986
47$1,240,397$770,348$662,698$994,241
48$1,323,110$764,287$641,091$1,021,014
49$1,412,880$756,550$617,380$1,049,480
50$1,510,383$747,010$591,451$1,079,835
51$1,616,363$735,534$563,186$1,112,296
52$1,731,638$721,982$532,459$1,147,109
53$1,857,109$706,203$499,140$1,184,546
54$1,993,767$688,040$463,094$1,224,911
55$2,142,702$667,324$424,178$1,268,543
56$2,305,114$643,879$382,244$1,315,822
57$2,482,323$617,517$337,137$1,367,168
58$2,675,783$588,038$288,694$1,423,051
59$2,887,094$555,234$236,747$1,483,993
60$3,118,019$518,881$181,119$1,550,574
61$3,370,495$478,744$121,625$1,623,443
62$3,646,659$434,576$58,072$1,703,316
63$3,948,861$386,113$0$1,790,991
64$4,279,690$333,078$0$1,889,332
65$4,641,998$275,178$0$2,010,039
66$5,038,923$212,103$0$2,142,462
67$5,473,922$143,526$0$2,287,861
68$5,950,804$69,100$0$2,447,628
69$6,473,762$0$0$2,623,305
70$7,047,415$0$0$2,822,182
71$7,676,851$0$0$3,077,211
72$8,367,673$0$0$3,357,218
73$9,126,053$0$0$3,664,720
74$9,958,793$0$0$4,002,487
75$10,873,381$0$0$4,373,570
76$11,878,069$0$0$4,781,334
77$12,981,946$0$0$5,229,481
78$14,195,027$0$0$5,722,093
79$15,528,343$0$0$6,263,668
80$16,994,049$0$0$6,859,157
81$18,605,533$0$0$7,514,018
82$20,377,549$0$0$8,234,266
83$22,326,349$0$0$9,026,524
84$24,469,841$0$0$9,898,091
85$26,827,755$0$0$10,857,011
86$29,421,828$0$0$11,912,144
87$32,276,013$0$0$13,073,253
88$35,416,699$0$0$14,351,097
89$38,872,964$0$0$15,757,528
90$42,676,846$0$0$17,305,609
91$46,863,648$0$0$19,009,729
92$51,472,267$0$0$20,885,746
93$56,545,564$0$0$22,951,133
94$62,130,766$0$0$25,225,143
95$68,279,911$0$0$27,728,992
96$75,050,341$0$0$30,486,056
97$82,505,240$0$0$33,522,095
98$90,714,231$0$0$36,865,493
99$99,754,033$0$0$40,547,529
100$109,709,184$0$0$44,602,667