Can I retire at age 40 with 733,000?

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 $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%18.8%
1 years$60,530$59,991$59,465$58,952$58,450$56,377
2 years$29,966$29,407$28,867$28,342$27,834$25,766
3 years$19,779$19,218$18,679$18,159$17,659$15,663
4 years$14,686$14,127$13,593$13,083$12,594$10,685
5 years$11,631$11,076$10,549$10,049$9,574$7,757
6 years$9,596$9,044$8,525$8,036$7,576$5,852
7 years$8,142$7,595$7,084$6,607$6,161$4,530
8 years$7,052$6,511$6,008$5,542$5,111$3,571
9 years$6,205$5,669$5,175$4,721$4,304$2,854
10 years$5,528$4,997$4,512$4,069$3,667$2,304
11 years$4,974$4,448$3,972$3,542$3,154$1,875
12 years$4,513$3,993$3,525$3,106$2,733$1,535
13 years$4,123$3,608$3,149$2,743$2,384$1,263
14 years$3,789$3,280$2,830$2,435$2,089$1,044
15 years$3,500$2,996$2,555$2,171$1,840$865
16 years$3,247$2,749$2,316$1,944$1,626$719
17 years$3,025$2,532$2,108$1,747$1,442$599
18 years$2,827$2,339$1,924$1,574$1,282$500
19 years$2,650$2,168$1,761$1,422$1,143$417
20 years$2,491$2,015$1,617$1,288$1,021$349
21 years$2,348$1,877$1,487$1,169$913$292
22 years$2,217$1,752$1,370$1,063$819$245
23 years$2,098$1,638$1,265$968$735$206
24 years$1,990$1,535$1,170$883$660$172
25 years$1,890$1,441$1,084$806$594$145
26 years$1,798$1,354$1,005$737$535$122
27 years$1,713$1,274$933$675$483$102
28 years$1,634$1,201$868$618$436$86
29 years$1,560$1,133$808$567$393$72
30 years$1,492$1,070$752$520$355$61
31 years$1,428$1,011$701$478$321$51
32 years$1,369$957$654$439$291$43
33 years$1,313$906$611$404$263$36
34 years$1,260$859$571$372$238$30
35 years$1,211$815$534$342$216$26
36 years$1,164$773$499$315$195$22
37 years$1,120$734$467$290$177$18
38 years$1,079$698$438$268$161$15
39 years$1,039$664$410$247$146$13
40 years$1,002$631$384$228$132$11
41 years$967$601$360$210$120$9
42 years$933$572$338$194$109$8
43 years$901$545$317$179$99$6
44 years$871$520$298$165$90$5
45 years$842$496$280$153$81$5
46 years$814$473$263$141$74$4
47 years$788$451$247$130$67$3
48 years$763$431$232$120$61$3
49 years$739$411$218$111$55$2
50 years$716$393$205$103$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $733,000, adding $2,076 every year, while hoping to spend $23,601 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: 63/8/29 Blend
39$733,000$733,000$733,000$733,000
40$809,907$771,058$759,697$854,519
41$867,407$783,729$760,035$897,726
42$929,980$796,229$759,594$942,147
43$998,120$808,526$758,323$990,168
44$1,072,368$820,584$756,167$1,042,147
45$1,153,322$832,365$753,070$1,098,478
46$1,241,637$843,828$748,975$1,159,596
47$1,338,037$854,928$743,818$1,225,980
48$1,443,317$865,619$737,536$1,298,161
49$1,558,352$875,852$730,061$1,376,720
50$1,684,108$885,572$721,321$1,462,302
51$1,821,644$894,723$711,243$1,555,618
52$1,972,131$903,244$699,749$1,657,449
53$2,136,855$911,069$686,758$1,768,660
54$2,317,233$918,131$672,183$1,890,203
55$2,514,826$924,354$655,936$2,023,129
56$2,731,353$929,662$637,924$2,168,596
57$2,968,705$933,970$618,049$2,327,883
58$3,228,968$937,190$596,209$2,502,399
59$3,514,438$939,227$572,297$2,693,698
60$3,827,644$939,982$546,202$2,903,494
61$4,171,370$939,348$517,806$3,133,677
62$4,548,686$937,212$486,989$3,386,331
63$4,962,971$933,454$453,622$3,663,755
64$5,417,948$927,947$417,572$3,968,482
65$5,917,718$920,556$378,700$4,303,308
66$6,466,800$911,138$336,861$4,671,313
67$7,070,170$899,540$291,903$5,075,894
68$7,733,313$885,603$243,667$5,520,799
69$8,462,269$869,156$191,988$6,010,157
70$9,263,693$850,017$136,692$6,548,522
71$10,144,918$827,996$77,599$7,140,913
72$11,114,022$802,891$14,522$7,792,868
73$12,179,906$774,486$0$8,510,487
74$13,352,377$742,556$0$9,316,835
75$14,642,238$706,860$0$10,208,851
76$16,061,394$667,144$0$11,190,277
77$17,622,962$623,140$0$12,270,199
78$19,341,395$574,564$0$13,458,626
79$21,232,615$521,116$0$14,766,586
80$23,314,169$462,479$0$16,206,235
81$25,605,391$398,316$0$17,790,966
82$28,127,582$328,275$0$19,535,538
83$30,904,216$251,981$0$21,456,216
84$33,961,156$169,038$0$23,570,921
85$37,326,903$79,030$0$25,899,405
86$41,032,860$0$0$28,463,432
87$45,113,630$0$0$31,288,614
88$49,607,345$0$0$34,407,413
89$54,556,021$0$0$37,842,042
90$60,005,956$0$0$41,624,643
91$66,008,169$0$0$45,790,634
92$72,618,879$0$0$50,379,045
93$79,900,034$0$0$55,432,883
94$87,919,899$0$0$60,999,542
95$96,753,697$0$0$67,131,243
96$106,484,320$0$0$73,885,535
97$117,203,112$0$0$81,325,832
98$129,010,729$0$0$89,522,014
99$142,018,089$0$0$98,551,087
100$156,347,420$0$0$108,497,907