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%19.1%
1 years$60,778$60,237$59,709$59,193$58,690$56,540
2 years$30,088$29,528$28,985$28,458$27,947$25,806
3 years$19,860$19,297$18,755$18,233$17,731$15,664
4 years$14,746$14,185$13,649$13,136$12,646$10,670
5 years$11,679$11,121$10,592$10,090$9,613$7,734
6 years$9,635$9,081$8,560$8,069$7,607$5,824
7 years$8,175$7,627$7,113$6,634$6,186$4,501
8 years$7,081$6,537$6,033$5,565$5,132$3,542
9 years$6,231$5,692$5,196$4,740$4,322$2,826
10 years$5,551$5,017$4,530$4,086$3,683$2,277
11 years$4,995$4,467$3,988$3,556$3,167$1,849
12 years$4,532$4,009$3,539$3,119$2,745$1,511
13 years$4,140$3,623$3,162$2,754$2,393$1,241
14 years$3,805$3,293$2,841$2,444$2,098$1,023
15 years$3,515$3,008$2,565$2,180$1,847$846
16 years$3,261$2,760$2,326$1,952$1,633$702
17 years$3,037$2,542$2,116$1,754$1,448$583
18 years$2,838$2,349$1,932$1,581$1,287$485
19 years$2,661$2,177$1,769$1,428$1,147$405
20 years$2,501$2,023$1,623$1,293$1,025$338
21 years$2,357$1,884$1,493$1,174$917$282
22 years$2,226$1,759$1,376$1,067$822$236
23 years$2,107$1,645$1,271$972$738$197
24 years$1,998$1,541$1,175$887$663$165
25 years$1,898$1,446$1,088$810$597$138
26 years$1,805$1,359$1,009$740$538$116
27 years$1,720$1,279$937$678$485$97
28 years$1,640$1,206$871$621$437$81
29 years$1,567$1,137$811$569$395$68
30 years$1,498$1,074$755$523$357$57
31 years$1,434$1,015$704$480$323$48
32 years$1,374$961$657$441$292$40
33 years$1,318$910$613$406$264$34
34 years$1,265$862$573$373$239$28
35 years$1,216$818$536$344$217$24
36 years$1,169$776$501$316$196$20
37 years$1,125$737$469$291$178$17
38 years$1,083$701$439$269$161$14
39 years$1,044$666$412$248$146$12
40 years$1,006$634$386$228$133$10
41 years$971$603$362$211$120$8
42 years$937$575$339$195$109$7
43 years$905$548$318$180$99$6
44 years$874$522$299$166$90$5
45 years$845$498$281$153$82$4
46 years$818$475$264$141$74$3
47 years$791$453$248$131$67$3
48 years$766$433$233$121$61$2
49 years$742$413$219$112$56$2
50 years$719$395$206$103$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $736,000, adding $3,431 every year, while hoping to spend $45,431 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: 61/31/8 Blend
39$736,000$736,000$736,000$736,000
40$814,611$775,603$764,195$862,716
41$849,363$765,269$741,457$884,992
42$886,137$752,907$716,435$903,745
43$925,092$738,368$689,004$923,061
44$966,400$721,496$659,034$942,994
45$1,010,250$702,127$626,389$963,607
46$1,056,849$680,084$590,927$984,970
47$1,106,423$655,184$552,498$1,007,162
48$1,159,219$627,229$510,949$1,030,274
49$1,215,509$596,013$466,115$1,054,407
50$1,275,589$561,316$417,828$1,079,675
51$1,339,784$522,905$365,910$1,106,206
52$1,408,451$480,537$310,177$1,134,146
53$1,481,980$433,950$250,435$1,163,656
54$1,560,800$382,872$186,483$1,194,919
55$1,645,381$327,012$118,109$1,228,141
56$1,736,238$266,064$45,094$1,263,549
57$1,833,939$199,705$0$1,301,400
58$1,939,104$127,593$0$1,344,784
59$2,052,416$49,369$0$1,395,510
60$2,174,624$0$0$1,450,105
61$2,306,553$0$0$1,521,050
62$2,449,108$0$0$1,615,950
63$2,603,283$0$0$1,718,632
64$2,770,171$0$0$1,829,830
65$2,950,974$0$0$1,950,351
66$3,147,014$0$0$2,081,082
67$3,359,743$0$0$2,222,999
68$3,590,761$0$0$2,377,176
69$3,841,825$0$0$2,544,793
70$4,114,869$0$0$2,727,149
71$4,412,020$0$0$2,925,673
72$4,735,620$0$0$3,141,938
73$5,088,244$0$0$3,377,674
74$5,472,729$0$0$3,634,786
75$5,892,193$0$0$3,915,370
76$6,350,073$0$0$4,221,732
77$6,850,147$0$0$4,556,415
78$7,396,579$0$0$4,922,213
79$7,993,950$0$0$5,322,205
80$8,647,304$0$0$5,759,781
81$9,362,197$0$0$6,238,673
82$10,144,744$0$0$6,762,992
83$11,001,681$0$0$7,337,262
84$11,940,423$0$0$7,966,467
85$12,969,140$0$0$8,656,097
86$14,096,825$0$0$9,412,196
87$15,333,386$0$0$10,241,422
88$16,689,736$0$0$11,151,109
89$18,177,892$0$0$12,149,333
90$19,811,092$0$0$13,244,991
91$21,603,919$0$0$14,447,884
92$23,572,436$0$0$15,768,807
93$25,734,336$0$0$17,219,652
94$28,109,111$0$0$18,813,520
95$30,718,235$0$0$20,564,843
96$33,585,362$0$0$22,489,519
97$36,736,553$0$0$24,605,065
98$40,200,518$0$0$26,930,777
99$44,008,888$0$0$29,487,916
100$48,196,511$0$0$32,299,904