Can I retire at age 40 with 737,000?

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 $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%12.7%
1 years$60,861$60,319$59,790$59,274$58,769$58,107
2 years$30,129$29,568$29,024$28,497$27,985$27,319
3 years$19,887$19,323$18,781$18,258$17,755$17,105
4 years$14,766$14,204$13,667$13,154$12,663$12,034
5 years$11,695$11,136$10,606$10,104$9,626$9,020
6 years$9,648$9,094$8,572$8,080$7,617$7,035
7 years$8,187$7,637$7,123$6,643$6,195$5,637
8 years$7,091$6,546$6,041$5,573$5,139$4,605
9 years$6,239$5,700$5,203$4,747$4,328$3,818
10 years$5,558$5,024$4,536$4,092$3,688$3,201
11 years$5,001$4,473$3,994$3,561$3,171$2,708
12 years$4,538$4,014$3,544$3,123$2,748$2,307
13 years$4,146$3,628$3,166$2,758$2,397$1,978
14 years$3,810$3,298$2,845$2,448$2,101$1,703
15 years$3,519$3,012$2,569$2,183$1,850$1,473
16 years$3,265$2,764$2,329$1,955$1,635$1,278
17 years$3,041$2,545$2,119$1,756$1,449$1,113
18 years$2,842$2,352$1,935$1,583$1,289$971
19 years$2,665$2,180$1,771$1,430$1,149$849
20 years$2,505$2,026$1,625$1,295$1,026$743
21 years$2,360$1,887$1,495$1,176$918$652
22 years$2,229$1,761$1,378$1,069$823$573
23 years$2,110$1,647$1,272$973$739$504
24 years$2,001$1,543$1,177$888$664$444
25 years$1,900$1,448$1,090$811$598$391
26 years$1,808$1,361$1,011$741$538$345
27 years$1,722$1,281$939$679$485$305
28 years$1,643$1,207$872$622$438$269
29 years$1,569$1,139$812$570$395$238
30 years$1,500$1,075$756$523$357$210
31 years$1,436$1,017$705$481$323$186
32 years$1,376$962$658$442$292$164
33 years$1,320$911$614$406$264$146
34 years$1,267$863$574$374$239$129
35 years$1,217$819$537$344$217$114
36 years$1,171$777$502$317$196$101
37 years$1,126$738$470$292$178$90
38 years$1,085$702$440$269$161$79
39 years$1,045$667$412$248$146$70
40 years$1,008$635$386$229$133$62
41 years$972$604$362$211$120$55
42 years$938$575$340$195$109$49
43 years$906$548$319$180$99$43
44 years$876$523$299$166$90$39
45 years$847$498$281$153$82$34
46 years$819$475$264$142$74$30
47 years$792$454$248$131$67$27
48 years$767$433$233$121$61$24
49 years$743$414$219$112$56$21
50 years$720$395$206$103$50$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $737,000, adding $2,789 every year, while hoping to spend $34,534 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: 68/9/23 Blend
39$737,000$737,000$737,000$737,000
40$815,051$775,990$764,566$865,535
41$861,442$777,269$753,435$901,001
42$911,408$777,454$740,774$935,546
43$965,276$776,454$726,495$972,521
44$1,023,408$774,174$710,506$1,012,167
45$1,086,198$770,511$692,711$1,054,747
46$1,154,083$765,359$673,009$1,100,555
47$1,227,541$758,603$651,296$1,149,912
48$1,307,097$750,121$627,461$1,203,175
49$1,393,330$739,786$601,390$1,260,739
50$1,486,875$727,461$572,962$1,323,038
51$1,588,431$713,002$542,052$1,390,552
52$1,698,768$696,256$508,528$1,463,813
53$1,818,732$677,062$472,252$1,543,407
54$1,949,252$655,248$433,083$1,629,980
55$2,091,354$630,632$390,869$1,724,248
56$2,246,162$603,024$345,453$1,826,999
57$2,414,919$572,220$296,674$1,939,105
58$2,598,987$538,006$244,359$2,061,528
59$2,799,870$500,154$188,331$2,195,329
60$3,019,219$458,424$128,403$2,341,681
61$3,258,856$412,564$64,381$2,501,877
62$3,520,784$362,304$0$2,677,346
63$3,807,208$307,361$0$2,870,630
64$4,120,558$247,436$0$3,099,427
65$4,463,507$182,213$0$3,349,892
66$4,839,001$111,357$0$3,624,202
67$5,250,282$34,516$0$3,924,752
68$5,700,921$0$0$4,254,184
69$6,194,851$0$0$4,620,227
70$6,736,404$0$0$5,025,353
71$7,330,350$0$0$5,469,720
72$7,981,944$0$0$5,957,263
73$8,696,973$0$0$6,492,318
74$9,481,813$0$0$7,079,663
75$10,343,486$0$0$7,724,559
76$11,289,726$0$0$8,432,801
77$12,329,056$0$0$9,210,774
78$13,470,863$0$0$10,065,513
79$14,725,488$0$0$11,004,764
80$16,104,323$0$0$12,037,066
81$17,619,920$0$0$13,171,821
82$19,286,106$0$0$14,419,391
83$21,118,115$0$0$15,791,190
84$23,132,730$0$0$17,299,796
85$25,348,445$0$0$18,959,063
86$27,785,632$0$0$20,784,257
87$30,466,738$0$0$22,792,200
88$33,416,498$0$0$25,001,424
89$36,662,160$0$0$27,432,347
90$40,233,751$0$0$30,107,469
91$44,164,355$0$0$33,051,580
92$48,490,422$0$0$36,291,994
93$53,252,120$0$0$39,858,809
94$58,493,704$0$0$43,785,188
95$64,263,941$0$0$48,107,671
96$70,616,564$0$0$52,866,525
97$77,610,783$0$0$58,106,115
98$85,311,838$0$0$63,875,330
99$93,791,621$0$0$70,228,041
100$103,129,349$0$0$77,223,608