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%11.6%
1 years$60,778$60,237$59,709$59,193$58,690$58,295
2 years$30,088$29,528$28,985$28,458$27,947$27,550
3 years$19,860$19,297$18,755$18,233$17,731$17,342
4 years$14,746$14,185$13,649$13,136$12,646$12,269
5 years$11,679$11,121$10,592$10,090$9,613$9,249
6 years$9,635$9,081$8,560$8,069$7,607$7,256
7 years$8,175$7,627$7,113$6,634$6,186$5,850
8 years$7,081$6,537$6,033$5,565$5,132$4,809
9 years$6,231$5,692$5,196$4,740$4,322$4,013
10 years$5,551$5,017$4,530$4,086$3,683$3,387
11 years$4,995$4,467$3,988$3,556$3,167$2,885
12 years$4,532$4,009$3,539$3,119$2,745$2,475
13 years$4,140$3,623$3,162$2,754$2,393$2,136
14 years$3,805$3,293$2,841$2,444$2,098$1,854
15 years$3,515$3,008$2,565$2,180$1,847$1,615
16 years$3,261$2,760$2,326$1,952$1,633$1,412
17 years$3,037$2,542$2,116$1,754$1,448$1,238
18 years$2,838$2,349$1,932$1,581$1,287$1,089
19 years$2,661$2,177$1,769$1,428$1,147$960
20 years$2,501$2,023$1,623$1,293$1,025$847
21 years$2,357$1,884$1,493$1,174$917$750
22 years$2,226$1,759$1,376$1,067$822$664
23 years$2,107$1,645$1,271$972$738$589
24 years$1,998$1,541$1,175$887$663$523
25 years$1,898$1,446$1,088$810$597$465
26 years$1,805$1,359$1,009$740$538$414
27 years$1,720$1,279$937$678$485$368
28 years$1,640$1,206$871$621$437$328
29 years$1,567$1,137$811$569$395$293
30 years$1,498$1,074$755$523$357$261
31 years$1,434$1,015$704$480$323$233
32 years$1,374$961$657$441$292$208
33 years$1,318$910$613$406$264$186
34 years$1,265$862$573$373$239$166
35 years$1,216$818$536$344$217$148
36 years$1,169$776$501$316$196$133
37 years$1,125$737$469$291$178$119
38 years$1,083$701$439$269$161$106
39 years$1,044$666$412$248$146$95
40 years$1,006$634$386$228$133$85
41 years$971$603$362$211$120$76
42 years$937$575$339$195$109$68
43 years$905$548$318$180$99$61
44 years$874$522$299$166$90$54
45 years$845$498$281$153$82$49
46 years$818$475$264$141$74$44
47 years$791$453$248$131$67$39
48 years$766$433$233$121$61$35
49 years$742$413$219$112$56$31
50 years$719$395$206$103$50$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $736,000, adding $3,045 every year, while hoping to spend $27,432 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: 73/14/13 Blend
39$736,000$736,000$736,000$736,000
40$814,213$775,205$763,797$871,199
41$868,075$784,003$760,197$918,107
42$926,512$792,312$755,556$965,793
43$989,961$800,080$749,812$1,017,285
44$1,058,904$807,250$742,898$1,072,955
45$1,133,869$813,763$734,742$1,133,209
46$1,215,441$819,554$725,273$1,198,497
47$1,304,259$824,555$714,412$1,269,315
48$1,401,029$828,694$702,081$1,346,209
49$1,506,527$831,893$688,194$1,429,780
50$1,621,607$834,071$672,663$1,520,691
51$1,747,211$835,140$655,397$1,619,676
52$1,884,372$835,008$636,299$1,727,539
53$2,034,231$833,576$615,267$1,845,169
54$2,198,041$830,740$592,197$1,973,546
55$2,377,184$826,389$566,979$2,113,750
56$2,573,180$820,405$539,496$2,266,971
57$2,787,704$812,664$509,628$2,434,523
58$3,022,599$803,034$477,250$2,617,851
59$3,279,896$791,374$442,230$2,818,552
60$3,561,830$777,537$404,429$3,038,383
61$3,870,864$761,363$363,705$3,279,284
62$4,209,710$742,688$319,907$3,543,391
63$4,581,354$721,334$272,878$3,833,061
64$4,989,088$697,115$222,455$4,150,891
65$5,436,534$669,832$168,466$4,499,744
66$5,927,684$639,278$110,733$4,882,777
67$6,466,935$605,230$49,070$5,303,469
68$7,059,131$567,454$0$5,765,656
69$7,709,606$525,704$0$6,275,889
70$8,424,239$479,716$0$6,843,922
71$9,209,504$429,215$0$7,468,110
72$10,072,536$373,908$0$8,154,148
73$11,021,191$313,487$0$8,908,313
74$12,064,130$247,625$0$9,737,522
75$13,210,889$175,976$0$10,649,397
76$14,471,979$98,178$0$11,652,340
77$15,858,977$13,846$0$12,755,607
78$17,384,642$0$0$13,969,402
79$19,063,028$0$0$15,316,897
80$20,909,621$0$0$16,801,823
81$22,941,485$0$0$18,435,774
82$25,177,421$0$0$20,233,873
83$27,638,142$0$0$22,212,784
84$30,346,475$0$0$24,390,868
85$33,327,570$0$0$26,788,357
86$36,609,137$0$0$29,427,543
87$40,221,711$0$0$32,332,989
88$44,198,940$0$0$35,531,761
89$48,577,896$0$0$39,053,684
90$53,399,431$0$0$42,931,619
91$58,708,561$0$0$47,201,780
92$64,554,887$0$0$51,904,068
93$70,993,067$0$0$57,082,452
94$78,083,329$0$0$62,785,382
95$85,892,040$0$0$69,066,248
96$94,492,333$0$0$75,983,880
97$103,964,793$0$0$83,603,105
98$114,398,223$0$0$91,995,362
99$125,890,477$0$0$101,239,367
100$138,549,386$0$0$111,421,866