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%15.6%
1 years$60,696$60,155$59,627$59,113$58,610$57,263
2 years$30,047$29,488$28,945$28,420$27,909$26,560
3 years$19,833$19,271$18,730$18,209$17,707$16,397
4 years$14,726$14,166$13,630$13,118$12,629$11,368
5 years$11,663$11,106$10,578$10,076$9,600$8,393
6 years$9,622$9,069$8,548$8,058$7,596$6,443
7 years$8,164$7,616$7,104$6,625$6,178$5,079
8 years$7,072$6,528$6,025$5,557$5,125$4,081
9 years$6,222$5,684$5,189$4,734$4,316$3,325
10 years$5,543$5,010$4,524$4,081$3,678$2,739
11 years$4,988$4,460$3,983$3,551$3,163$2,275
12 years$4,525$4,003$3,535$3,115$2,741$1,903
13 years$4,134$3,618$3,158$2,750$2,390$1,600
14 years$3,800$3,289$2,837$2,441$2,095$1,351
15 years$3,510$3,004$2,562$2,177$1,845$1,146
16 years$3,256$2,756$2,323$1,949$1,630$974
17 years$3,033$2,538$2,113$1,751$1,446$830
18 years$2,835$2,346$1,929$1,578$1,285$709
19 years$2,657$2,174$1,766$1,426$1,146$607
20 years$2,498$2,020$1,621$1,292$1,023$521
21 years$2,354$1,882$1,491$1,172$916$447
22 years$2,223$1,756$1,374$1,066$821$384
23 years$2,104$1,643$1,269$971$737$330
24 years$1,995$1,539$1,173$885$662$284
25 years$1,895$1,444$1,087$809$596$245
26 years$1,803$1,358$1,008$739$537$211
27 years$1,717$1,278$936$677$484$182
28 years$1,638$1,204$870$620$437$157
29 years$1,565$1,136$810$569$394$135
30 years$1,496$1,073$754$522$356$117
31 years$1,432$1,014$703$479$322$101
32 years$1,372$959$656$440$291$87
33 years$1,316$909$613$405$264$75
34 years$1,264$861$572$373$239$65
35 years$1,214$817$535$343$216$56
36 years$1,167$775$501$316$196$49
37 years$1,123$736$469$291$178$42
38 years$1,082$700$439$268$161$36
39 years$1,042$665$411$247$146$31
40 years$1,005$633$385$228$132$27
41 years$969$603$361$211$120$23
42 years$936$574$339$194$109$20
43 years$904$547$318$179$99$18
44 years$873$521$298$166$90$15
45 years$844$497$280$153$82$13
46 years$817$474$263$141$74$11
47 years$790$452$247$131$67$10
48 years$765$432$232$121$61$9
49 years$741$412$218$111$55$7
50 years$718$394$205$103$50$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $735,000, adding $6,298 every year, while hoping to spend $38,326 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: 63/22/15 Blend
39$735,000$735,000$735,000$735,000
40$816,466$777,511$766,119$864,521
41$858,967$774,831$751,005$894,852
42$904,519$770,734$734,101$923,013
43$953,392$765,112$715,305$952,839
44$1,005,883$757,848$694,513$984,491
45$1,062,318$748,818$671,615$1,018,151
46$1,123,056$737,891$646,495$1,054,019
47$1,188,489$724,929$619,034$1,092,318
48$1,259,049$709,785$589,106$1,133,294
49$1,335,210$692,302$556,579$1,177,220
50$1,417,493$672,317$521,316$1,224,399
51$1,506,471$649,654$483,173$1,275,166
52$1,602,773$624,129$442,002$1,329,892
53$1,707,092$595,547$397,644$1,388,988
54$1,820,187$563,700$349,937$1,452,909
55$1,942,895$528,371$298,709$1,522,159
56$2,076,136$489,327$243,782$1,597,297
57$2,220,923$446,325$184,970$1,678,939
58$2,378,368$399,106$122,077$1,767,768
59$2,549,696$347,397$54,901$1,864,541
60$2,736,255$290,909$0$1,970,095
61$2,939,528$229,338$0$2,088,039
62$3,161,145$162,361$0$2,226,263
63$3,402,904$89,639$0$2,377,139
64$3,666,781$10,812$0$2,541,956
65$3,954,952$0$0$2,722,137
66$4,269,812$0$0$2,937,288
67$4,613,999$0$0$3,175,391
68$4,990,416$0$0$3,435,842
69$5,402,260$0$0$3,720,862
70$5,853,051$0$0$4,032,892
71$6,346,665$0$0$4,374,623
72$6,887,370$0$0$4,749,017
73$7,479,868$0$0$5,159,338
74$8,129,335$0$0$5,609,177
75$8,841,474$0$0$6,102,494
76$9,622,563$0$0$6,643,645
77$10,479,520$0$0$7,237,433
78$11,419,963$0$0$7,889,146
79$12,452,285$0$0$8,604,609
80$13,585,730$0$0$9,390,238
81$14,830,480$0$0$10,253,102
82$16,197,754$0$0$11,200,987
83$17,699,908$0$0$12,242,472
84$19,350,556$0$0$13,387,006
85$21,164,696$0$0$14,645,001
86$23,158,851$0$0$16,027,925
87$25,351,223$0$0$17,548,416
88$27,761,867$0$0$19,220,394
89$30,412,879$0$0$21,059,198
90$33,328,601$0$0$23,081,728
91$36,535,857$0$0$25,306,602
92$40,064,196$0$0$27,754,335
93$43,946,179$0$0$30,447,530
94$48,217,680$0$0$33,411,092
95$52,918,227$0$0$36,672,462
96$58,091,374$0$0$40,261,875
97$63,785,110$0$0$44,212,646
98$70,052,312$0$0$48,561,483
99$76,951,244$0$0$53,348,835
100$84,546,105$0$0$58,619,271