Can I retire at age 40 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$60,778$60,237$59,709$59,193$58,690$56,788
2 years$30,088$29,528$28,985$28,458$27,947$26,050
3 years$19,860$19,297$18,755$18,233$17,731$15,896
4 years$14,746$14,185$13,649$13,136$12,646$10,889
5 years$11,679$11,121$10,592$10,090$9,613$7,938
6 years$9,635$9,081$8,560$8,069$7,607$6,014
7 years$8,175$7,627$7,113$6,634$6,186$4,677
8 years$7,081$6,537$6,033$5,565$5,132$3,705
9 years$6,231$5,692$5,196$4,740$4,322$2,975
10 years$5,551$5,017$4,530$4,086$3,683$2,414
11 years$4,995$4,467$3,988$3,556$3,167$1,975
12 years$4,532$4,009$3,539$3,119$2,745$1,626
13 years$4,140$3,623$3,162$2,754$2,393$1,345
14 years$3,805$3,293$2,841$2,444$2,098$1,117
15 years$3,515$3,008$2,565$2,180$1,847$931
16 years$3,261$2,760$2,326$1,952$1,633$779
17 years$3,037$2,542$2,116$1,754$1,448$652
18 years$2,838$2,349$1,932$1,581$1,287$547
19 years$2,661$2,177$1,769$1,428$1,147$460
20 years$2,501$2,023$1,623$1,293$1,025$387
21 years$2,357$1,884$1,493$1,174$917$326
22 years$2,226$1,759$1,376$1,067$822$275
23 years$2,107$1,645$1,271$972$738$232
24 years$1,998$1,541$1,175$887$663$196
25 years$1,898$1,446$1,088$810$597$166
26 years$1,805$1,359$1,009$740$538$140
27 years$1,720$1,279$937$678$485$119
28 years$1,640$1,206$871$621$437$100
29 years$1,567$1,137$811$569$395$85
30 years$1,498$1,074$755$523$357$72
31 years$1,434$1,015$704$480$323$61
32 years$1,374$961$657$441$292$51
33 years$1,318$910$613$406$264$44
34 years$1,265$862$573$373$239$37
35 years$1,216$818$536$344$217$31
36 years$1,169$776$501$316$196$26
37 years$1,125$737$469$291$178$22
38 years$1,083$701$439$269$161$19
39 years$1,044$666$412$248$146$16
40 years$1,006$634$386$228$133$14
41 years$971$603$362$211$120$12
42 years$937$575$339$195$109$10
43 years$905$548$318$180$99$8
44 years$874$522$299$166$90$7
45 years$845$498$281$153$82$6
46 years$818$475$264$141$74$5
47 years$791$453$248$131$67$4
48 years$766$433$233$121$61$4
49 years$742$413$219$112$56$3
50 years$719$395$206$103$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $736,000, adding $4,918 every year, while hoping to spend $46,062 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: 41/31/28 Blend
39$736,000$736,000$736,000$736,000
40$816,145$777,137$765,729$842,718
41$850,382$766,207$742,371$851,464
42$886,568$753,198$716,687$856,253
43$924,852$737,959$688,550$860,558
44$965,398$720,330$657,828$864,364
45$1,008,386$700,144$624,383$867,656
46$1,054,011$677,220$588,069$870,423
47$1,102,487$651,371$548,736$872,657
48$1,154,048$622,395$506,226$874,353
49$1,208,950$590,081$460,374$875,509
50$1,267,473$554,206$411,007$876,130
51$1,329,925$514,532$357,945$876,226
52$1,396,642$470,808$301,001$875,813
53$1,467,992$422,771$239,978$874,915
54$1,544,381$370,140$174,670$873,563
55$1,626,250$312,620$104,864$871,802
56$1,714,087$249,897$30,337$869,683
57$1,808,425$181,644$0$867,274
58$1,909,850$107,510$0$879,354
59$2,019,005$27,128$0$901,949
60$2,136,596$0$0$926,180
61$2,263,397$0$0$972,692
62$2,400,262$0$0$1,032,957
63$2,548,126$0$0$1,098,142
64$2,708,018$0$0$1,168,710
65$2,881,069$0$0$1,245,170
66$3,068,521$0$0$1,328,083
67$3,271,740$0$0$1,418,064
68$3,492,231$0$0$1,515,791
69$3,731,644$0$0$1,622,008
70$3,991,799$0$0$1,737,534
71$4,274,695$0$0$1,863,272
72$4,582,532$0$0$2,000,213
73$4,917,730$0$0$2,149,449
74$5,282,954$0$0$2,312,181
75$5,681,134$0$0$2,489,732
76$6,115,498$0$0$2,683,556
77$6,589,595$0$0$2,895,257
78$7,107,335$0$0$3,126,598
79$7,673,022$0$0$3,379,520
80$8,291,391$0$0$3,656,162
81$8,967,659$0$0$3,958,877
82$9,707,569$0$0$4,290,257
83$10,517,444$0$0$4,653,156
84$11,404,247$0$0$5,050,718
85$12,375,645$0$0$5,486,404
86$13,440,083$0$0$5,964,026
87$14,606,861$0$0$6,487,783
88$15,886,221$0$0$7,062,298
89$17,289,443$0$0$7,692,667
90$18,828,953$0$0$8,384,498
91$20,518,437$0$0$9,143,972
92$22,372,969$0$0$9,977,897
93$24,409,155$0$0$10,893,771
94$26,645,288$0$0$11,899,855
95$29,101,519$0$0$13,005,250
96$31,800,044$0$0$14,219,981
97$34,765,320$0$0$15,555,092
98$38,024,286$0$0$17,022,753
99$41,606,624$0$0$18,636,367
100$45,545,031$0$0$20,410,704