Can I retire at age 40 with 736,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.4%
1 years$60,778$60,237$59,709$59,193$58,690$56,698
2 years$30,088$29,528$28,985$28,458$27,947$25,960
3 years$19,860$19,297$18,755$18,233$17,731$15,811
4 years$14,746$14,185$13,649$13,136$12,646$10,808
5 years$11,679$11,121$10,592$10,090$9,613$7,863
6 years$9,635$9,081$8,560$8,069$7,607$5,945
7 years$8,175$7,627$7,113$6,634$6,186$4,612
8 years$7,081$6,537$6,033$5,565$5,132$3,645
9 years$6,231$5,692$5,196$4,740$4,322$2,920
10 years$5,551$5,017$4,530$4,086$3,683$2,363
11 years$4,995$4,467$3,988$3,556$3,167$1,928
12 years$4,532$4,009$3,539$3,119$2,745$1,583
13 years$4,140$3,623$3,162$2,754$2,393$1,306
14 years$3,805$3,293$2,841$2,444$2,098$1,082
15 years$3,515$3,008$2,565$2,180$1,847$900
16 years$3,261$2,760$2,326$1,952$1,633$750
17 years$3,037$2,542$2,116$1,754$1,448$626
18 years$2,838$2,349$1,932$1,581$1,287$524
19 years$2,661$2,177$1,769$1,428$1,147$439
20 years$2,501$2,023$1,623$1,293$1,025$368
21 years$2,357$1,884$1,493$1,174$917$310
22 years$2,226$1,759$1,376$1,067$822$260
23 years$2,107$1,645$1,271$972$738$219
24 years$1,998$1,541$1,175$887$663$184
25 years$1,898$1,446$1,088$810$597$155
26 years$1,805$1,359$1,009$740$538$131
27 years$1,720$1,279$937$678$485$110
28 years$1,640$1,206$871$621$437$93
29 years$1,567$1,137$811$569$395$78
30 years$1,498$1,074$755$523$357$66
31 years$1,434$1,015$704$480$323$56
32 years$1,374$961$657$441$292$47
33 years$1,318$910$613$406$264$40
34 years$1,265$862$573$373$239$34
35 years$1,216$818$536$344$217$28
36 years$1,169$776$501$316$196$24
37 years$1,125$737$469$291$178$20
38 years$1,083$701$439$269$161$17
39 years$1,044$666$412$248$146$14
40 years$1,006$634$386$228$133$12
41 years$971$603$362$211$120$10
42 years$937$575$339$195$109$9
43 years$905$548$318$180$99$7
44 years$874$522$299$166$90$6
45 years$845$498$281$153$82$5
46 years$818$475$264$141$74$4
47 years$791$453$248$131$67$4
48 years$766$433$233$121$61$3
49 years$742$413$219$112$56$3
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 $6,579 every year, while hoping to spend $43,402 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: 69/19/12 Blend
39$736,000$736,000$736,000$736,000
40$817,858$778,850$767,442$871,726
41$855,100$770,835$746,972$900,341
42$894,687$760,971$724,362$925,794
43$936,810$749,124$699,493$952,504
44$981,682$735,149$672,244$980,589
45$1,029,535$718,893$642,485$1,010,178
46$1,080,622$700,193$610,083$1,041,416
47$1,135,222$678,878$574,897$1,074,462
48$1,193,638$654,767$536,780$1,109,494
49$1,256,205$627,667$495,578$1,146,710
50$1,323,290$597,375$451,132$1,186,326
51$1,395,295$563,675$403,274$1,228,586
52$1,472,661$526,341$351,829$1,273,758
53$1,555,871$485,131$296,614$1,322,140
54$1,645,459$439,791$237,440$1,374,061
55$1,742,008$390,052$174,106$1,429,889
56$1,846,159$335,631$106,405$1,490,029
57$1,958,617$276,227$34,119$1,554,929
58$2,080,156$211,523$0$1,625,087
59$2,211,628$141,184$0$1,706,564
60$2,353,968$64,856$0$1,799,481
61$2,508,205$0$0$1,900,173
62$2,675,469$0$0$2,013,149
63$2,857,003$0$0$2,150,516
64$3,054,176$0$0$2,299,753
65$3,268,493$0$0$2,462,003
66$3,501,607$0$0$2,638,525
67$3,755,341$0$0$2,830,702
68$4,031,697$0$0$3,040,057
69$4,332,881$0$0$3,268,266
70$4,661,319$0$0$3,517,173
71$5,019,682$0$0$3,788,808
72$5,410,910$0$0$4,085,406
73$5,838,238$0$0$4,409,427
74$6,305,230$0$0$4,763,577
75$6,815,806$0$0$5,150,840
76$7,374,286$0$0$5,574,496
77$7,985,424$0$0$6,038,161
78$8,654,455$0$0$6,545,814
79$9,387,144$0$0$7,101,838
80$10,189,841$0$0$7,711,060
81$11,069,537$0$0$8,378,795
82$12,033,933$0$0$9,110,897
83$13,091,508$0$0$9,913,813
84$14,251,606$0$0$10,794,646
85$15,524,513$0$0$11,761,216
86$16,921,562$0$0$12,822,140
87$18,455,238$0$0$13,986,909
88$20,139,290$0$0$15,265,977
89$21,988,867$0$0$16,670,861
90$24,020,655$0$0$18,214,247
91$26,253,036$0$0$19,910,112
92$28,706,261$0$0$21,773,852
93$31,402,641$0$0$23,822,430
94$34,366,755$0$0$26,074,534
95$37,625,681$0$0$28,550,753
96$41,209,253$0$0$31,273,769
97$45,150,341$0$0$34,268,575
98$49,485,159$0$0$37,562,704
99$54,253,607$0$0$41,186,495
100$59,499,647$0$0$45,173,372