Can I retire at age 40 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$61,934$61,383$60,844$60,319$59,806$59,529
2 years$30,661$30,090$29,536$29,000$28,479$28,199
3 years$20,237$19,664$19,112$18,580$18,068$17,795
4 years$15,027$14,455$13,909$13,386$12,886$12,621
5 years$11,901$11,333$10,794$10,282$9,796$9,540
6 years$9,818$9,254$8,723$8,222$7,751$7,504
7 years$8,331$7,772$7,249$6,760$6,304$6,066
8 years$7,216$6,662$6,147$5,671$5,230$5,001
9 years$6,349$5,800$5,295$4,830$4,404$4,185
10 years$5,656$5,113$4,616$4,164$3,753$3,543
11 years$5,090$4,551$4,064$3,624$3,227$3,027
12 years$4,618$4,085$3,607$3,179$2,797$2,605
13 years$4,219$3,692$3,222$2,806$2,439$2,256
14 years$3,877$3,356$2,895$2,491$2,138$1,964
15 years$3,581$3,066$2,614$2,222$1,882$1,716
16 years$3,323$2,813$2,370$1,989$1,664$1,506
17 years$3,095$2,590$2,157$1,787$1,475$1,325
18 years$2,892$2,394$1,969$1,611$1,312$1,169
19 years$2,712$2,218$1,802$1,455$1,169$1,034
20 years$2,549$2,061$1,654$1,318$1,044$917
21 years$2,402$1,920$1,521$1,196$934$814
22 years$2,269$1,792$1,402$1,088$838$724
23 years$2,147$1,676$1,295$991$752$644
24 years$2,036$1,571$1,197$903$676$574
25 years$1,934$1,474$1,109$825$608$512
26 years$1,839$1,385$1,029$754$548$458
27 years$1,752$1,304$955$691$494$409
28 years$1,672$1,228$888$633$446$366
29 years$1,597$1,159$826$580$402$328
30 years$1,527$1,094$770$532$364$293
31 years$1,461$1,035$717$489$329$263
32 years$1,400$979$669$449$297$236
33 years$1,343$927$625$413$269$211
34 years$1,289$879$584$380$244$190
35 years$1,239$833$546$350$221$170
36 years$1,191$791$511$322$200$153
37 years$1,146$751$478$297$181$137
38 years$1,104$714$448$274$164$123
39 years$1,063$679$419$252$149$111
40 years$1,025$646$393$233$135$100
41 years$989$615$369$215$123$89
42 years$955$586$346$198$111$80
43 years$922$558$324$183$101$72
44 years$891$532$305$169$92$65
45 years$861$507$286$156$83$58
46 years$833$484$269$144$76$53
47 years$806$462$252$133$69$47
48 years$780$441$237$123$62$43
49 years$756$421$223$114$57$38
50 years$732$402$210$105$51$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $750,000, adding $3,271 every year, while hoping to spend $44,853 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: 40/48/12 Blend
39$750,000$750,000$750,000$750,000
40$829,874$790,124$778,499$859,971
41$866,798$781,117$756,856$872,519
42$905,985$770,165$732,984$881,420
43$947,618$757,126$706,761$890,061
44$991,898$741,849$678,061$898,437
45$1,039,046$724,173$646,750$906,549
46$1,089,300$703,929$612,688$914,400
47$1,142,925$680,937$575,729$921,997
48$1,200,209$655,009$535,721$929,354
49$1,261,468$625,942$492,506$936,490
50$1,327,048$593,524$445,916$943,428
51$1,397,331$557,531$395,778$950,203
52$1,472,733$517,724$341,910$956,856
53$1,553,711$473,851$284,123$963,438
54$1,640,768$425,649$222,220$970,014
55$1,734,455$372,834$155,993$976,658
56$1,835,377$315,111$85,226$983,462
57$1,944,199$252,165$9,696$990,533
58$2,061,653$183,666$0$997,997
59$2,188,539$109,264$0$1,015,081
60$2,325,741$28,589$0$1,034,792
61$2,474,228$0$0$1,056,117
62$2,635,065$0$0$1,110,351
63$2,809,424$0$0$1,185,596
64$2,998,593$0$0$1,267,318
65$3,203,990$0$0$1,356,142
66$3,427,173$0$0$1,452,751
67$3,669,856$0$0$1,557,901
68$3,933,926$0$0$1,672,420
69$4,221,459$0$0$1,797,222
70$4,534,737$0$0$1,933,312
71$4,876,274$0$0$2,081,795
72$5,248,836$0$0$2,243,889
73$5,655,468$0$0$2,420,934
74$6,099,521$0$0$2,614,404
75$6,584,683$0$0$2,825,924
76$7,115,017$0$0$3,057,283
77$7,694,995$0$0$3,310,448
78$8,329,538$0$0$3,587,587
79$9,024,069$0$0$3,891,088
80$9,784,557$0$0$4,223,579
81$10,617,576$0$0$4,587,956
82$11,530,366$0$0$4,987,407
83$12,530,898$0$0$5,425,444
84$13,627,954$0$0$5,905,934
85$14,831,206$0$0$6,433,137
86$16,151,305$0$0$7,011,747
87$17,599,985$0$0$7,646,930
88$19,190,169$0$0$8,344,383
89$20,936,094$0$0$9,110,375
90$22,853,443$0$0$9,951,817
91$24,959,489$0$0$10,876,320
92$27,273,265$0$0$11,892,269
93$29,815,734$0$0$13,008,901
94$32,609,995$0$0$14,236,394
95$35,681,491$0$0$15,585,960
96$39,058,256$0$0$17,069,951
97$42,771,175$0$0$18,701,977
98$46,854,274$0$0$20,497,033
99$51,345,043$0$0$22,471,640
100$56,284,787$0$0$24,644,000