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%11.2%
1 years$60,530$59,991$59,465$58,952$58,450$58,155
2 years$29,966$29,407$28,867$28,342$27,834$27,536
3 years$19,779$19,218$18,679$18,159$17,659$17,367
4 years$14,686$14,127$13,593$13,083$12,594$12,312
5 years$11,631$11,076$10,549$10,049$9,574$9,301
6 years$9,596$9,044$8,525$8,036$7,576$7,312
7 years$8,142$7,595$7,084$6,607$6,161$5,908
8 years$7,052$6,511$6,008$5,542$5,111$4,868
9 years$6,205$5,669$5,175$4,721$4,304$4,071
10 years$5,528$4,997$4,512$4,069$3,667$3,444
11 years$4,974$4,448$3,972$3,542$3,154$2,941
12 years$4,513$3,993$3,525$3,106$2,733$2,530
13 years$4,123$3,608$3,149$2,743$2,384$2,189
14 years$3,789$3,280$2,830$2,435$2,089$1,904
15 years$3,500$2,996$2,555$2,171$1,840$1,663
16 years$3,247$2,749$2,316$1,944$1,626$1,458
17 years$3,025$2,532$2,108$1,747$1,442$1,283
18 years$2,827$2,339$1,924$1,574$1,282$1,131
19 years$2,650$2,168$1,761$1,422$1,143$1,000
20 years$2,491$2,015$1,617$1,288$1,021$885
21 years$2,348$1,877$1,487$1,169$913$785
22 years$2,217$1,752$1,370$1,063$819$698
23 years$2,098$1,638$1,265$968$735$621
24 years$1,990$1,535$1,170$883$660$553
25 years$1,890$1,441$1,084$806$594$493
26 years$1,798$1,354$1,005$737$535$440
27 years$1,713$1,274$933$675$483$393
28 years$1,634$1,201$868$618$436$351
29 years$1,560$1,133$808$567$393$314
30 years$1,492$1,070$752$520$355$281
31 years$1,428$1,011$701$478$321$252
32 years$1,369$957$654$439$291$226
33 years$1,313$906$611$404$263$202
34 years$1,260$859$571$372$238$181
35 years$1,211$815$534$342$216$162
36 years$1,164$773$499$315$195$146
37 years$1,120$734$467$290$177$131
38 years$1,079$698$438$268$161$117
39 years$1,039$664$410$247$146$105
40 years$1,002$631$384$228$132$95
41 years$967$601$360$210$120$85
42 years$933$572$338$194$109$76
43 years$901$545$317$179$99$69
44 years$871$520$298$165$90$62
45 years$842$496$280$153$81$55
46 years$814$473$263$141$74$50
47 years$788$451$247$130$67$45
48 years$763$431$232$120$61$40
49 years$739$411$218$111$55$36
50 years$716$393$205$103$50$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $733,000, adding $3,260 every year, while hoping to spend $24,835 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: 25/48/27 Blend
39$733,000$733,000$733,000$733,000
40$811,129$772,280$760,918$824,459
41$867,440$783,697$759,985$847,191
42$928,662$794,842$758,188$869,216
43$995,270$805,674$755,472$892,313
44$1,067,787$816,151$751,779$916,588
45$1,146,787$826,228$747,049$942,159
46$1,232,902$835,857$741,219$969,160
47$1,326,830$844,985$734,221$997,737
48$1,429,335$853,558$725,986$1,028,054
49$1,541,262$861,517$716,441$1,060,294
50$1,663,538$868,799$705,510$1,094,660
51$1,797,187$875,338$693,112$1,131,377
52$1,943,332$881,061$679,164$1,170,695
53$2,103,214$885,895$663,577$1,212,895
54$2,278,196$889,758$646,261$1,258,286
55$2,469,780$892,564$627,119$1,307,211
56$2,679,621$894,223$606,051$1,360,054
57$2,909,540$894,638$582,952$1,417,236
58$3,161,544$893,706$557,711$1,479,230
59$3,437,842$891,319$530,215$1,546,557
60$3,740,868$887,359$500,343$1,619,796
61$4,073,302$881,705$467,970$1,699,588
62$4,438,096$874,226$432,965$1,786,645
63$4,838,503$864,785$395,190$1,881,755
64$5,278,105$853,233$354,504$1,985,792
65$5,760,847$839,418$310,755$2,099,721
66$6,291,077$823,173$263,789$2,224,616
67$6,873,583$804,324$213,442$2,361,662
68$7,513,641$782,688$159,545$2,512,172
69$8,217,061$758,069$101,918$2,677,599
70$8,990,246$730,259$40,378$2,859,552
71$9,840,251$699,041$0$3,059,809
72$10,774,845$664,183$0$3,287,627
73$11,802,591$625,440$0$3,550,782
74$12,932,922$582,553$0$3,840,097
75$14,176,229$535,248$0$4,158,298
76$15,543,965$483,235$0$4,508,392
77$17,048,746$426,210$0$4,893,701
78$18,704,472$363,848$0$5,317,891
79$20,526,459$295,808$0$5,785,010
80$22,531,585$221,729$0$6,299,524
81$24,738,443$141,231$0$6,866,364
82$27,167,523$53,910$0$7,490,972
83$29,841,401$0$0$8,179,352
84$32,784,952$0$0$8,959,607
85$36,025,586$0$0$9,850,114
86$39,593,507$0$0$10,830,715
87$43,521,996$0$0$11,910,579
88$47,847,724$0$0$13,099,806
89$52,611,100$0$0$14,409,525
90$57,856,652$0$0$15,852,003
91$63,633,446$0$0$17,440,753
92$69,995,548$0$0$19,190,669
93$77,002,537$0$0$21,118,161
94$84,720,064$0$0$23,241,315
95$93,220,470$0$0$25,580,056
96$102,583,476$0$0$28,156,346
97$112,896,926$0$0$30,994,381
98$124,257,620$0$0$34,120,827
99$136,772,229$0$0$37,565,070
100$150,558,299$0$0$41,359,488