Can I retire at age 40 with 737,000?

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 $737,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$60,861$60,319$59,790$59,274$58,769$58,277
2 years$30,129$29,568$29,024$28,497$27,985$27,489
3 years$19,887$19,323$18,781$18,258$17,755$17,270
4 years$14,766$14,204$13,667$13,154$12,663$12,194
5 years$11,695$11,136$10,606$10,104$9,626$9,173
6 years$9,648$9,094$8,572$8,080$7,617$7,181
7 years$8,187$7,637$7,123$6,643$6,195$5,776
8 years$7,091$6,546$6,041$5,573$5,139$4,738
9 years$6,239$5,700$5,203$4,747$4,328$3,944
10 years$5,558$5,024$4,536$4,092$3,688$3,321
11 years$5,001$4,473$3,994$3,561$3,171$2,822
12 years$4,538$4,014$3,544$3,123$2,748$2,415
13 years$4,146$3,628$3,166$2,758$2,397$2,079
14 years$3,810$3,298$2,845$2,448$2,101$1,799
15 years$3,519$3,012$2,569$2,183$1,850$1,563
16 years$3,265$2,764$2,329$1,955$1,635$1,363
17 years$3,041$2,545$2,119$1,756$1,449$1,192
18 years$2,842$2,352$1,935$1,583$1,289$1,045
19 years$2,665$2,180$1,771$1,430$1,149$919
20 years$2,505$2,026$1,625$1,295$1,026$809
21 years$2,360$1,887$1,495$1,176$918$713
22 years$2,229$1,761$1,378$1,069$823$630
23 years$2,110$1,647$1,272$973$739$557
24 years$2,001$1,543$1,177$888$664$493
25 years$1,900$1,448$1,090$811$598$437
26 years$1,808$1,361$1,011$741$538$388
27 years$1,722$1,281$939$679$485$344
28 years$1,643$1,207$872$622$438$306
29 years$1,569$1,139$812$570$395$272
30 years$1,500$1,075$756$523$357$241
31 years$1,436$1,017$705$481$323$215
32 years$1,376$962$658$442$292$191
33 years$1,320$911$614$406$264$170
34 years$1,267$863$574$374$239$152
35 years$1,217$819$537$344$217$135
36 years$1,171$777$502$317$196$120
37 years$1,126$738$470$292$178$107
38 years$1,085$702$440$269$161$96
39 years$1,045$667$412$248$146$85
40 years$1,008$635$386$229$133$76
41 years$972$604$362$211$120$68
42 years$938$575$340$195$109$60
43 years$906$548$319$180$99$54
44 years$876$523$299$166$90$48
45 years$847$498$281$153$82$43
46 years$819$475$264$142$74$38
47 years$792$454$248$131$67$34
48 years$767$433$233$121$61$30
49 years$743$414$219$112$56$27
50 years$720$395$206$103$50$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $737,000, adding $4,143 every year, while hoping to spend $43,575 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: 39/36/25 Blend
39$737,000$737,000$737,000$737,000
40$816,448$777,387$765,963$842,090
41$853,362$769,115$745,259$852,813
42$892,581$758,978$722,402$860,031
43$934,294$746,837$697,272$866,980
44$978,707$732,548$669,746$873,662
45$1,026,048$715,956$639,695$880,083
46$1,076,565$696,897$606,985$886,254
47$1,130,528$675,199$571,473$892,189
48$1,188,237$650,679$533,012$897,910
49$1,250,018$623,143$491,448$903,444
50$1,316,228$592,385$446,621$908,825
51$1,387,262$558,190$398,360$914,098
52$1,463,549$520,328$346,492$919,316
53$1,545,563$478,556$290,832$924,544
54$1,633,824$432,619$231,188$929,857
55$1,728,902$382,245$167,360$935,349
56$1,831,423$327,148$99,140$941,126
57$1,942,075$267,026$26,309$947,313
58$2,061,616$201,559$0$954,056
59$2,190,875$130,410$0$975,238
60$2,330,767$53,222$0$1,005,720
61$2,482,294$0$0$1,038,765
62$2,646,562$0$0$1,086,732
63$2,824,784$0$0$1,161,731
64$3,018,295$0$0$1,243,250
65$3,228,564$0$0$1,331,920
66$3,457,206$0$0$1,428,433
67$3,705,998$0$0$1,533,551
68$3,976,896$0$0$1,648,112
69$4,272,052$0$0$1,773,040
70$4,593,833$0$0$1,909,351
71$4,944,846$0$0$2,058,162
72$5,327,959$0$0$2,220,705
73$5,746,330$0$0$2,398,334
74$6,203,434$0$0$2,592,542
75$6,703,099$0$0$2,804,970
76$7,249,538$0$0$3,037,428
77$7,847,390$0$0$3,291,907
78$8,501,761$0$0$3,570,599
79$9,218,278$0$0$3,875,920
80$10,003,133$0$0$4,210,529
81$10,863,148$0$0$4,577,355
82$11,805,836$0$0$4,979,624
83$12,839,468$0$0$5,420,889
84$13,973,159$0$0$5,905,062
85$15,216,944$0$0$6,436,456
86$16,581,879$0$0$7,019,818
87$18,080,140$0$0$7,660,379
88$19,725,141$0$0$8,363,899
89$21,531,659$0$0$9,136,727
90$23,515,970$0$0$9,985,854
91$25,696,006$0$0$10,918,983
92$28,091,519$0$0$11,944,600
93$30,724,272$0$0$13,072,055
94$33,618,239$0$0$14,311,646
95$36,799,835$0$0$15,674,723
96$40,298,157$0$0$17,173,787
97$44,145,268$0$0$18,822,614
98$48,376,490$0$0$20,636,379
99$53,030,742$0$0$22,631,805
100$58,150,902$0$0$24,827,315