Can I retire at age 40 with 735,000?

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 $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%11.9%
1 years$60,696$60,155$59,627$59,113$58,610$58,143
2 years$30,047$29,488$28,945$28,420$27,909$27,439
3 years$19,833$19,271$18,730$18,209$17,707$17,247
4 years$14,726$14,166$13,630$13,118$12,629$12,183
5 years$11,663$11,106$10,578$10,076$9,600$9,171
6 years$9,622$9,069$8,548$8,058$7,596$7,183
7 years$8,164$7,616$7,104$6,625$6,178$5,781
8 years$7,072$6,528$6,025$5,557$5,125$4,744
9 years$6,222$5,684$5,189$4,734$4,316$3,952
10 years$5,543$5,010$4,524$4,081$3,678$3,329
11 years$4,988$4,460$3,983$3,551$3,163$2,830
12 years$4,525$4,003$3,535$3,115$2,741$2,424
13 years$4,134$3,618$3,158$2,750$2,390$2,088
14 years$3,800$3,289$2,837$2,441$2,095$1,808
15 years$3,510$3,004$2,562$2,177$1,845$1,572
16 years$3,256$2,756$2,323$1,949$1,630$1,372
17 years$3,033$2,538$2,113$1,751$1,446$1,201
18 years$2,835$2,346$1,929$1,578$1,285$1,054
19 years$2,657$2,174$1,766$1,426$1,146$927
20 years$2,498$2,020$1,621$1,292$1,023$816
21 years$2,354$1,882$1,491$1,172$916$721
22 years$2,223$1,756$1,374$1,066$821$637
23 years$2,104$1,643$1,269$971$737$564
24 years$1,995$1,539$1,173$885$662$499
25 years$1,895$1,444$1,087$809$596$443
26 years$1,803$1,358$1,008$739$537$393
27 years$1,717$1,278$936$677$484$349
28 years$1,638$1,204$870$620$437$310
29 years$1,565$1,136$810$569$394$276
30 years$1,496$1,073$754$522$356$246
31 years$1,432$1,014$703$479$322$219
32 years$1,372$959$656$440$291$195
33 years$1,316$909$613$405$264$174
34 years$1,264$861$572$373$239$155
35 years$1,214$817$535$343$216$138
36 years$1,167$775$501$316$196$123
37 years$1,123$736$469$291$178$110
38 years$1,082$700$439$268$161$98
39 years$1,042$665$411$247$146$87
40 years$1,005$633$385$228$132$78
41 years$969$603$361$211$120$70
42 years$936$574$339$194$109$62
43 years$904$547$318$179$99$55
44 years$873$521$298$166$90$50
45 years$844$497$280$153$82$44
46 years$817$474$263$141$74$39
47 years$790$452$247$131$67$35
48 years$765$432$232$121$61$31
49 years$741$412$218$111$55$28
50 years$718$394$205$103$50$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $735,000, adding $2,908 every year, while hoping to spend $20,880 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: 34/44/22 Blend
39$735,000$735,000$735,000$735,000
40$812,970$774,015$762,622$835,064
41$873,676$789,725$765,954$867,423
42$939,875$805,506$768,697$900,178
43$1,012,105$821,338$770,811$935,075
44$1,090,957$837,201$772,251$972,316
45$1,177,084$853,073$772,970$1,012,125
46$1,271,204$868,931$772,922$1,054,748
47$1,374,107$884,749$772,055$1,100,460
48$1,486,663$900,499$770,316$1,149,560
49$1,609,831$916,151$767,650$1,202,381
50$1,744,664$931,673$763,997$1,259,292
51$1,892,325$947,031$759,296$1,320,696
52$2,054,094$962,187$753,484$1,387,042
53$2,231,379$977,101$746,493$1,458,824
54$2,425,731$991,730$738,252$1,536,587
55$2,638,860$1,006,030$728,688$1,620,934
56$2,872,648$1,019,949$717,723$1,712,530
57$3,129,168$1,033,436$705,277$1,812,109
58$3,410,703$1,046,435$691,264$1,920,482
59$3,719,770$1,058,885$675,596$2,038,542
60$4,059,138$1,070,722$658,180$2,167,278
61$4,431,860$1,081,878$638,919$2,307,780
62$4,841,299$1,092,279$617,712$2,461,250
63$5,291,158$1,101,847$594,452$2,629,016
64$5,785,518$1,110,500$569,028$2,812,544
65$6,328,875$1,118,148$541,324$3,013,451
66$6,926,181$1,124,698$511,220$3,233,522
67$7,582,892$1,130,050$478,587$3,474,725
68$8,305,021$1,134,096$443,293$3,739,235
69$9,099,191$1,136,724$405,201$4,029,449
70$9,972,698$1,137,813$364,164$4,348,013
71$10,933,582$1,137,235$320,033$4,697,846
72$11,990,702$1,134,854$272,649$5,082,168
73$13,153,818$1,130,526$221,847$5,504,532
74$14,433,684$1,124,099$167,456$5,968,859
75$15,842,149$1,115,408$109,294$6,479,471
76$17,392,268$1,104,284$47,176$7,041,139
77$19,098,428$1,090,542$0$7,659,124
78$20,976,479$1,073,989$0$8,343,716
79$23,043,886$1,054,421$0$9,108,939
80$25,319,894$1,031,620$0$9,950,817
81$27,825,710$1,005,356$0$10,877,190
82$30,584,699$975,385$0$11,896,698
83$33,622,609$941,449$0$13,018,871
84$36,967,812$903,277$0$14,254,211
85$40,651,569$860,578$0$15,614,298
86$44,708,331$813,048$0$17,111,899
87$49,176,057$760,364$0$18,761,087
88$54,096,576$702,183$0$20,577,376
89$59,515,982$638,146$0$22,577,869
90$65,485,067$567,869$0$24,781,421
91$72,059,799$490,950$0$27,208,816
92$79,301,855$406,963$0$29,882,964
93$87,279,197$315,457$0$32,829,121
94$96,066,718$215,957$0$36,075,129
95$105,746,944$107,960$0$39,651,676
96$116,410,818$0$0$43,592,591
97$128,158,554$0$0$47,939,552
98$141,100,585$0$0$52,786,187
99$155,358,604$0$0$58,125,818
100$171,066,713$0$0$64,008,688