Can I retire at age 40 with 733,000?

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 $733,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$60,530$59,991$59,465$58,952$58,450$57,816
2 years$29,966$29,407$28,867$28,342$27,834$27,195
3 years$19,779$19,218$18,679$18,159$17,659$17,035
4 years$14,686$14,127$13,593$13,083$12,594$11,991
5 years$11,631$11,076$10,549$10,049$9,574$8,993
6 years$9,596$9,044$8,525$8,036$7,576$7,017
7 years$8,142$7,595$7,084$6,607$6,161$5,626
8 years$7,052$6,511$6,008$5,542$5,111$4,599
9 years$6,205$5,669$5,175$4,721$4,304$3,815
10 years$5,528$4,997$4,512$4,069$3,667$3,200
11 years$4,974$4,448$3,972$3,542$3,154$2,709
12 years$4,513$3,993$3,525$3,106$2,733$2,310
13 years$4,123$3,608$3,149$2,743$2,384$1,981
14 years$3,789$3,280$2,830$2,435$2,089$1,707
15 years$3,500$2,996$2,555$2,171$1,840$1,478
16 years$3,247$2,749$2,316$1,944$1,626$1,283
17 years$3,025$2,532$2,108$1,747$1,442$1,117
18 years$2,827$2,339$1,924$1,574$1,282$976
19 years$2,650$2,168$1,761$1,422$1,143$854
20 years$2,491$2,015$1,617$1,288$1,021$748
21 years$2,348$1,877$1,487$1,169$913$657
22 years$2,217$1,752$1,370$1,063$819$578
23 years$2,098$1,638$1,265$968$735$509
24 years$1,990$1,535$1,170$883$660$448
25 years$1,890$1,441$1,084$806$594$395
26 years$1,798$1,354$1,005$737$535$349
27 years$1,713$1,274$933$675$483$308
28 years$1,634$1,201$868$618$436$272
29 years$1,560$1,133$808$567$393$241
30 years$1,492$1,070$752$520$355$213
31 years$1,428$1,011$701$478$321$189
32 years$1,369$957$654$439$291$167
33 years$1,313$906$611$404$263$148
34 years$1,260$859$571$372$238$131
35 years$1,211$815$534$342$216$116
36 years$1,164$773$499$315$195$103
37 years$1,120$734$467$290$177$91
38 years$1,079$698$438$268$161$81
39 years$1,039$664$410$247$146$72
40 years$1,002$631$384$228$132$64
41 years$967$601$360$210$120$57
42 years$933$572$338$194$109$50
43 years$901$545$317$179$99$45
44 years$871$520$298$165$90$40
45 years$842$496$280$153$81$35
46 years$814$473$263$141$74$31
47 years$788$451$247$130$67$28
48 years$763$431$232$120$61$25
49 years$739$411$218$111$55$22
50 years$716$393$205$103$50$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $733,000, adding $5,971 every year, while hoping to spend $41,489 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: 49/42/9 Blend
39$733,000$733,000$733,000$733,000
40$813,925$775,076$763,715$851,570
41$852,801$768,911$745,155$871,821
42$894,253$761,053$724,583$888,931
43$938,498$751,376$701,888$906,553
44$985,776$739,745$676,953$924,747
45$1,036,351$726,018$649,656$943,582
46$1,090,510$710,044$619,871$963,135
47$1,148,569$691,664$587,464$983,493
48$1,210,876$670,708$552,297$1,004,757
49$1,277,810$646,997$514,224$1,027,039
50$1,349,790$620,343$473,093$1,050,469
51$1,427,273$590,544$428,746$1,075,189
52$1,510,763$557,389$381,018$1,101,365
53$1,600,813$520,654$329,734$1,129,179
54$1,698,031$480,101$274,715$1,158,839
55$1,803,084$435,480$215,772$1,190,577
56$1,916,706$386,526$152,708$1,224,655
57$2,039,704$332,959$85,317$1,261,364
58$2,172,962$274,483$13,384$1,301,036
59$2,317,458$210,786$0$1,344,036
60$2,474,262$141,537$0$1,396,863
61$2,644,553$66,389$0$1,455,660
62$2,829,628$0$0$1,519,676
63$3,030,914$0$0$1,596,456
64$3,249,980$0$0$1,713,482
65$3,488,553$0$0$1,841,001
66$3,748,533$0$0$1,980,039
67$4,032,011$0$0$2,131,723
68$4,341,291$0$0$2,297,294
69$4,678,904$0$0$2,478,121
70$5,047,639$0$0$2,675,706
71$5,450,568$0$0$2,891,708
72$5,891,070$0$0$3,127,948
73$6,372,866$0$0$3,386,435
74$6,900,053$0$0$3,669,380
75$7,477,145$0$0$3,979,218
76$8,109,108$0$0$4,318,629
77$8,801,414$0$0$4,690,566
78$9,560,088$0$0$5,098,281
79$10,391,767$0$0$5,545,356
80$11,303,758$0$0$6,035,734
81$12,304,111$0$0$6,573,761
82$13,401,692$0$0$7,164,221
83$14,606,267$0$0$7,812,386
84$15,928,593$0$0$8,524,062
85$17,380,520$0$0$9,305,646
86$18,975,100$0$0$10,164,184
87$20,726,714$0$0$11,107,438
88$22,651,201$0$0$12,143,958
89$24,766,012$0$0$13,283,166
90$27,090,371$0$0$14,535,439
91$29,645,460$0$0$15,912,212
92$32,454,612$0$0$17,426,082
93$35,543,534$0$0$19,090,927
94$38,940,551$0$0$20,922,039
95$42,676,869$0$0$22,936,266
96$46,786,868$0$0$25,152,170
97$51,308,432$0$0$27,590,202
98$56,283,299$0$0$30,272,898
99$61,757,456$0$0$33,225,086
100$67,781,575$0$0$36,474,124