Can I retire at age 40 with 735,000?

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 $735,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$60,696$60,155$59,627$59,113$58,610$57,878
2 years$30,047$29,488$28,945$28,420$27,909$27,173
3 years$19,833$19,271$18,730$18,209$17,707$16,988
4 years$14,726$14,166$13,630$13,118$12,629$11,934
5 years$11,663$11,106$10,578$10,076$9,600$8,931
6 years$9,622$9,069$8,548$8,058$7,596$6,954
7 years$8,164$7,616$7,104$6,625$6,178$5,563
8 years$7,072$6,528$6,025$5,557$5,125$4,537
9 years$6,222$5,684$5,189$4,734$4,316$3,754
10 years$5,543$5,010$4,524$4,081$3,678$3,142
11 years$4,988$4,460$3,983$3,551$3,163$2,653
12 years$4,525$4,003$3,535$3,115$2,741$2,256
13 years$4,134$3,618$3,158$2,750$2,390$1,930
14 years$3,800$3,289$2,837$2,441$2,095$1,659
15 years$3,510$3,004$2,562$2,177$1,845$1,432
16 years$3,256$2,756$2,323$1,949$1,630$1,240
17 years$3,033$2,538$2,113$1,751$1,446$1,077
18 years$2,835$2,346$1,929$1,578$1,285$938
19 years$2,657$2,174$1,766$1,426$1,146$818
20 years$2,498$2,020$1,621$1,292$1,023$715
21 years$2,354$1,882$1,491$1,172$916$626
22 years$2,223$1,756$1,374$1,066$821$549
23 years$2,104$1,643$1,269$971$737$481
24 years$1,995$1,539$1,173$885$662$423
25 years$1,895$1,444$1,087$809$596$372
26 years$1,803$1,358$1,008$739$537$327
27 years$1,717$1,278$936$677$484$288
28 years$1,638$1,204$870$620$437$254
29 years$1,565$1,136$810$569$394$224
30 years$1,496$1,073$754$522$356$197
31 years$1,432$1,014$703$479$322$174
32 years$1,372$959$656$440$291$154
33 years$1,316$909$613$405$264$136
34 years$1,264$861$572$373$239$120
35 years$1,214$817$535$343$216$106
36 years$1,167$775$501$316$196$94
37 years$1,123$736$469$291$178$83
38 years$1,082$700$439$268$161$73
39 years$1,042$665$411$247$146$65
40 years$1,005$633$385$228$132$57
41 years$969$603$361$211$120$50
42 years$936$574$339$194$109$45
43 years$904$547$318$179$99$39
44 years$873$521$298$166$90$35
45 years$844$497$280$153$82$31
46 years$817$474$263$141$74$27
47 years$790$452$247$131$67$24
48 years$765$432$232$121$61$21
49 years$741$412$218$111$55$19
50 years$718$394$205$103$50$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $735,000, adding $2,793 every year, while hoping to spend $29,684 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: 65/24/11 Blend
39$735,000$735,000$735,000$735,000
40$812,851$773,896$762,503$863,531
41$864,178$780,233$756,464$904,023
42$919,746$785,886$749,227$944,508
43$979,955$790,790$740,721$987,987
44$1,045,248$794,876$730,872$1,034,752
45$1,116,108$798,069$719,601$1,085,121
46$1,193,069$800,294$706,827$1,139,448
47$1,276,719$801,465$692,462$1,198,123
48$1,367,703$801,495$676,418$1,261,577
49$1,466,731$800,291$658,601$1,330,283
50$1,574,585$797,752$638,911$1,404,765
51$1,692,125$793,774$617,247$1,485,602
52$1,820,298$788,245$593,500$1,573,431
53$1,960,144$781,045$567,559$1,668,956
54$2,112,811$772,049$539,304$1,772,953
55$2,279,562$761,123$508,615$1,886,278
56$2,461,785$748,126$475,361$2,009,878
57$2,661,011$732,908$439,410$2,144,794
58$2,878,924$715,310$400,620$2,292,178
59$3,117,378$695,164$358,845$2,453,300
60$3,378,416$672,293$313,931$2,629,559
61$3,664,287$646,507$265,720$2,822,502
62$3,977,466$617,608$214,044$3,033,833
63$4,320,681$585,384$158,728$3,265,433
64$4,696,936$549,614$99,591$3,519,377
65$5,109,539$510,060$36,442$3,797,953
66$5,562,133$466,474$0$4,103,686
67$6,058,731$418,592$0$4,442,994
68$6,603,754$366,135$0$4,820,117
69$7,202,071$308,810$0$5,234,185
70$7,859,045$246,304$0$5,688,964
71$8,580,585$178,291$0$6,188,602
72$9,373,200$104,422$0$6,737,674
73$10,244,059$24,331$0$7,341,223
74$11,201,061$0$0$8,004,811
75$12,252,910$0$0$8,751,039
76$13,409,191$0$0$9,578,473
77$14,680,467$0$0$10,488,253
78$16,078,375$0$0$11,488,712
79$17,615,735$0$0$12,589,034
80$19,306,673$0$0$13,799,336
81$21,166,752$0$0$15,130,764
82$23,213,119$0$0$16,595,601
83$25,464,667$0$0$18,207,378
84$27,942,213$0$0$19,981,006
85$30,668,694$0$0$21,932,913
86$33,669,381$0$0$24,081,200
87$36,972,122$0$0$26,445,814
88$40,607,598$0$0$29,048,730
89$44,609,620$0$0$31,914,166
90$49,015,439$0$0$35,068,803
91$53,866,104$0$0$38,542,045
92$59,206,847$0$0$42,366,288
93$65,087,506$0$0$46,577,232
94$71,563,003$0$0$51,214,214
95$78,693,851$0$0$56,320,580
96$86,546,737$0$0$61,944,096
97$95,195,139$0$0$68,137,392
98$104,720,028$0$0$74,958,467
99$115,210,628$0$0$82,471,230
100$126,765,257$0$0$90,746,106