Can I retire at age 40 with 739,000?

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 $739,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$61,026$60,482$59,952$59,434$58,929$57,134
2 years$30,211$29,648$29,103$28,574$28,061$26,269
3 years$19,941$19,375$18,832$18,308$17,803$16,069
4 years$14,806$14,243$13,705$13,190$12,697$11,034
5 years$11,727$11,167$10,635$10,131$9,652$8,065
6 years$9,674$9,118$8,595$8,102$7,638$6,128
7 years$8,209$7,658$7,142$6,661$6,211$4,779
8 years$7,110$6,564$6,057$5,588$5,153$3,797
9 years$6,256$5,715$5,217$4,759$4,340$3,058
10 years$5,573$5,038$4,548$4,103$3,698$2,490
11 years$5,015$4,485$4,004$3,571$3,180$2,043
12 years$4,550$4,025$3,554$3,132$2,756$1,687
13 years$4,157$3,638$3,175$2,765$2,403$1,401
14 years$3,820$3,307$2,853$2,454$2,106$1,168
15 years$3,529$3,021$2,576$2,189$1,855$977
16 years$3,274$2,771$2,335$1,960$1,639$819
17 years$3,049$2,552$2,125$1,761$1,453$689
18 years$2,850$2,358$1,940$1,587$1,292$580
19 years$2,672$2,186$1,776$1,434$1,152$490
20 years$2,512$2,031$1,630$1,299$1,029$414
21 years$2,367$1,892$1,499$1,179$921$350
22 years$2,235$1,766$1,382$1,072$825$296
23 years$2,116$1,652$1,276$976$741$251
24 years$2,006$1,548$1,180$890$666$213
25 years$1,905$1,452$1,093$813$599$181
26 years$1,812$1,365$1,013$743$540$153
27 years$1,727$1,285$941$680$487$130
28 years$1,647$1,210$875$623$439$111
29 years$1,573$1,142$814$572$396$94
30 years$1,504$1,078$758$525$358$80
31 years$1,440$1,019$707$482$324$68
32 years$1,380$965$660$443$293$58
33 years$1,323$913$616$407$265$49
34 years$1,270$866$575$375$240$42
35 years$1,221$821$538$345$217$35
36 years$1,174$779$503$318$197$30
37 years$1,129$740$471$293$179$26
38 years$1,088$704$441$270$162$22
39 years$1,048$669$413$249$147$19
40 years$1,010$636$387$229$133$16
41 years$975$606$363$212$121$13
42 years$941$577$341$195$110$11
43 years$909$550$320$180$99$10
44 years$878$524$300$167$90$8
45 years$849$500$282$154$82$7
46 years$821$477$265$142$74$6
47 years$794$455$249$131$68$5
48 years$769$434$234$121$61$4
49 years$745$415$220$112$56$4
50 years$722$396$206$104$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $739,000, adding $3,625 every year, while hoping to spend $26,640 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: 49/45/6 Blend
39$739,000$739,000$739,000$739,000
40$818,117$778,950$767,496$856,786
41$873,220$788,774$764,862$893,390
42$933,051$798,186$761,247$929,983
43$998,064$807,139$756,590$969,094
44$1,068,758$815,580$750,828$1,010,965
45$1,145,683$823,455$743,892$1,055,862
46$1,229,443$830,705$735,713$1,104,081
47$1,320,704$837,268$726,217$1,155,947
48$1,420,199$843,076$715,328$1,211,818
49$1,528,732$848,060$702,965$1,272,092
50$1,647,192$852,144$689,043$1,337,207
51$1,776,554$855,248$673,475$1,407,647
52$1,917,893$857,286$656,167$1,483,947
53$2,072,394$858,168$637,024$1,566,696
54$2,241,358$857,798$615,944$1,656,548
55$2,426,220$856,074$592,822$1,754,221
56$2,628,560$852,887$567,547$1,860,510
57$2,850,116$848,122$540,003$1,976,294
58$3,092,805$841,657$510,070$2,102,542
59$3,358,735$833,362$477,622$2,240,323
60$3,650,230$823,101$442,526$2,390,820
61$3,969,848$810,727$404,645$2,555,337
62$4,320,407$796,087$363,835$2,735,313
63$4,705,010$779,017$319,945$2,932,338
64$5,127,076$759,344$272,818$3,148,167
65$5,590,370$736,884$222,290$3,384,736
66$6,099,042$711,445$168,191$3,644,185
67$6,657,659$682,821$110,340$3,928,871
68$7,271,255$650,794$48,551$4,241,399
69$7,945,375$615,135$0$4,584,642
70$8,686,128$575,601$0$4,962,886
71$9,500,242$531,935$0$5,381,906
72$10,395,133$483,866$0$5,842,465
73$11,378,967$431,106$0$6,348,838
74$12,460,743$373,352$0$6,905,742
75$13,650,376$310,283$0$7,518,378
76$14,958,789$241,561$0$8,192,485
77$16,398,015$166,828$0$8,934,393
78$17,981,317$85,706$0$9,751,083
79$19,723,302$0$0$10,650,256
80$21,640,068$0$0$11,641,497
81$23,749,351$0$0$12,779,091
82$26,070,694$0$0$14,031,150
83$28,625,630$0$0$15,409,299
84$31,437,884$0$0$16,926,349
85$34,533,601$0$0$18,596,415
86$37,941,585$0$0$20,435,051
87$41,693,579$0$0$22,459,395
88$45,824,558$0$0$24,688,330
89$50,373,061$0$0$27,142,666
90$55,381,555$0$0$29,845,333
91$60,896,834$0$0$32,821,596
92$66,970,463$0$0$36,099,297
93$73,659,258$0$0$39,709,116
94$81,025,833$0$0$43,684,858
95$89,139,177$0$0$48,063,776
96$98,075,317$0$0$52,886,921
97$107,918,028$0$0$58,199,526
98$118,759,624$0$0$64,051,439
99$130,701,833$0$0$70,497,587
100$143,856,753$0$0$77,598,499