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%14.3%
1 years$60,778$60,237$59,709$59,193$58,690$57,646
2 years$30,088$29,528$28,985$28,458$27,947$26,900
3 years$19,860$19,297$18,755$18,233$17,731$16,712
4 years$14,746$14,185$13,649$13,136$12,646$11,663
5 years$11,679$11,121$10,592$10,090$9,613$8,669
6 years$9,635$9,081$8,560$8,069$7,607$6,703
7 years$8,175$7,627$7,113$6,634$6,186$5,323
8 years$7,081$6,537$6,033$5,565$5,132$4,309
9 years$6,231$5,692$5,196$4,740$4,322$3,538
10 years$5,551$5,017$4,530$4,086$3,683$2,938
11 years$4,995$4,467$3,988$3,556$3,167$2,461
12 years$4,532$4,009$3,539$3,119$2,745$2,075
13 years$4,140$3,623$3,162$2,754$2,393$1,760
14 years$3,805$3,293$2,841$2,444$2,098$1,500
15 years$3,515$3,008$2,565$2,180$1,847$1,283
16 years$3,261$2,760$2,326$1,952$1,633$1,101
17 years$3,037$2,542$2,116$1,754$1,448$947
18 years$2,838$2,349$1,932$1,581$1,287$817
19 years$2,661$2,177$1,769$1,428$1,147$706
20 years$2,501$2,023$1,623$1,293$1,025$611
21 years$2,357$1,884$1,493$1,174$917$530
22 years$2,226$1,759$1,376$1,067$822$460
23 years$2,107$1,645$1,271$972$738$400
24 years$1,998$1,541$1,175$887$663$347
25 years$1,898$1,446$1,088$810$597$302
26 years$1,805$1,359$1,009$740$538$263
27 years$1,720$1,279$937$678$485$230
28 years$1,640$1,206$871$621$437$200
29 years$1,567$1,137$811$569$395$175
30 years$1,498$1,074$755$523$357$152
31 years$1,434$1,015$704$480$323$133
32 years$1,374$961$657$441$292$116
33 years$1,318$910$613$406$264$101
34 years$1,265$862$573$373$239$89
35 years$1,216$818$536$344$217$77
36 years$1,169$776$501$316$196$68
37 years$1,125$737$469$291$178$59
38 years$1,083$701$439$269$161$52
39 years$1,044$666$412$248$146$45
40 years$1,006$634$386$228$133$39
41 years$971$603$362$211$120$35
42 years$937$575$339$195$109$30
43 years$905$548$318$180$99$26
44 years$874$522$299$166$90$23
45 years$845$498$281$153$82$20
46 years$818$475$264$141$74$18
47 years$791$453$248$131$67$15
48 years$766$433$233$121$61$14
49 years$742$413$219$112$56$12
50 years$719$395$206$103$50$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $736,000, adding $6,591 every year, while hoping to spend $37,869 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: 61/20/19 Blend
39$736,000$736,000$736,000$736,000
40$817,871$778,863$767,455$863,363
41$861,001$776,735$752,872$892,737
42$907,262$773,233$736,532$919,991
43$956,932$768,251$718,335$948,864
44$1,010,318$761,674$698,178$979,519
45$1,067,756$753,382$675,953$1,012,135
46$1,129,616$743,247$651,546$1,046,913
47$1,196,304$731,133$624,840$1,084,072
48$1,268,265$716,896$595,710$1,123,859
49$1,345,989$700,385$564,028$1,166,545
50$1,430,014$681,439$529,657$1,212,432
51$1,520,933$659,886$492,457$1,261,854
52$1,619,394$635,546$452,281$1,315,181
53$1,726,113$608,229$408,973$1,372,824
54$1,841,876$577,731$362,373$1,435,238
55$1,967,547$543,840$312,312$1,502,925
56$2,104,077$506,329$258,615$1,576,443
57$2,252,512$464,958$201,098$1,656,408
58$2,414,003$419,476$139,570$1,743,505
59$2,589,816$369,615$73,830$1,838,489
60$2,781,344$315,093$3,670$1,942,195
61$2,990,119$255,610$0$2,055,551
62$3,217,830$190,854$0$2,194,013
63$3,466,333$120,490$0$2,346,012
64$3,737,672$44,167$0$2,512,103
65$4,034,097$0$0$2,693,719
66$4,358,086$0$0$2,900,915
67$4,712,366$0$0$3,138,166
68$5,099,939$0$0$3,397,769
69$5,524,113$0$0$3,681,946
70$5,988,529$0$0$3,993,144
71$6,497,194$0$0$4,334,056
72$7,054,526$0$0$4,707,651
73$7,665,385$0$0$5,117,195
74$8,335,128$0$0$5,566,287
75$9,069,653$0$0$6,058,892
76$9,875,456$0$0$6,599,375
77$10,759,694$0$0$7,192,545
78$11,730,247$0$0$7,843,699
79$12,795,798$0$0$8,558,673
80$13,965,910$0$0$9,343,895
81$15,251,120$0$0$10,206,444
82$16,663,033$0$0$11,154,122
83$18,214,434$0$0$12,195,521
84$19,919,410$0$0$13,340,109
85$21,793,476$0$0$14,598,315
86$23,853,729$0$0$15,981,630
87$26,119,004$0$0$17,502,713
88$28,610,050$0$0$19,175,512
89$31,349,732$0$0$21,015,393
90$34,363,236$0$0$23,039,288
91$37,678,316$0$0$25,265,850
92$41,325,551$0$0$27,715,632
93$45,338,631$0$0$30,411,282
94$49,754,679$0$0$33,377,750
95$54,614,595$0$0$36,642,531
96$59,963,449$0$0$40,235,917
97$65,850,898$0$0$44,191,287
98$72,331,659$0$0$48,545,422
99$79,466,022$0$0$53,338,846
100$87,320,422$0$0$58,616,217