Can I retire at age 40 with 750,000?

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 $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%17%
1 years$61,934$61,383$60,844$60,319$59,806$58,101
2 years$30,661$30,090$29,536$29,000$28,479$26,775
3 years$20,237$19,664$19,112$18,580$18,068$16,418
4 years$15,027$14,455$13,909$13,386$12,886$11,303
5 years$11,901$11,333$10,794$10,282$9,796$8,283
6 years$9,818$9,254$8,723$8,222$7,751$6,311
7 years$8,331$7,772$7,249$6,760$6,304$4,936
8 years$7,216$6,662$6,147$5,671$5,230$3,933
9 years$6,349$5,800$5,295$4,830$4,404$3,178
10 years$5,656$5,113$4,616$4,164$3,753$2,595
11 years$5,090$4,551$4,064$3,624$3,227$2,136
12 years$4,618$4,085$3,607$3,179$2,797$1,770
13 years$4,219$3,692$3,222$2,806$2,439$1,475
14 years$3,877$3,356$2,895$2,491$2,138$1,234
15 years$3,581$3,066$2,614$2,222$1,882$1,035
16 years$3,323$2,813$2,370$1,989$1,664$872
17 years$3,095$2,590$2,157$1,787$1,475$736
18 years$2,892$2,394$1,969$1,611$1,312$622
19 years$2,712$2,218$1,802$1,455$1,169$527
20 years$2,549$2,061$1,654$1,318$1,044$447
21 years$2,402$1,920$1,521$1,196$934$379
22 years$2,269$1,792$1,402$1,088$838$322
23 years$2,147$1,676$1,295$991$752$274
24 years$2,036$1,571$1,197$903$676$234
25 years$1,934$1,474$1,109$825$608$199
26 years$1,839$1,385$1,029$754$548$170
27 years$1,752$1,304$955$691$494$145
28 years$1,672$1,228$888$633$446$123
29 years$1,597$1,159$826$580$402$105
30 years$1,527$1,094$770$532$364$90
31 years$1,461$1,035$717$489$329$77
32 years$1,400$979$669$449$297$65
33 years$1,343$927$625$413$269$56
34 years$1,289$879$584$380$244$48
35 years$1,239$833$546$350$221$41
36 years$1,191$791$511$322$200$35
37 years$1,146$751$478$297$181$30
38 years$1,104$714$448$274$164$25
39 years$1,063$679$419$252$149$22
40 years$1,025$646$393$233$135$19
41 years$989$615$369$215$123$16
42 years$955$586$346$198$111$14
43 years$922$558$324$183$101$12
44 years$891$532$305$169$92$10
45 years$861$507$286$156$83$8
46 years$833$484$269$144$76$7
47 years$806$462$252$133$69$6
48 years$780$441$237$123$62$5
49 years$756$421$223$114$57$5
50 years$732$402$210$105$51$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $750,000, adding $4,971 every year, while hoping to spend $22,699 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: 76/13/11 Blend
39$750,000$750,000$750,000$750,000
40$831,628$791,878$780,253$892,747
41$892,302$806,528$782,239$948,351
42$958,405$821,136$783,532$1,005,919
43$1,030,465$835,674$784,083$1,068,385
44$1,109,066$850,116$783,844$1,136,227
45$1,194,849$864,430$782,761$1,209,975
46$1,288,521$878,584$780,781$1,290,207
47$1,390,859$892,544$777,846$1,377,565
48$1,502,719$906,271$773,896$1,472,753
49$1,625,043$919,725$768,869$1,576,549
50$1,758,870$932,864$762,698$1,689,807
51$1,905,341$945,641$755,315$1,813,471
52$2,065,715$958,006$746,647$1,948,579
53$2,241,377$969,908$736,619$2,096,276
54$2,433,853$981,289$725,151$2,257,823
55$2,644,822$992,088$712,160$2,434,610
56$2,876,137$1,002,243$697,560$2,628,168
57$3,129,833$1,011,684$681,259$2,840,184
58$3,408,158$1,020,338$663,162$3,072,519
59$3,713,582$1,028,126$643,171$3,327,220
60$4,048,830$1,034,967$621,180$3,606,546
61$4,416,902$1,040,772$597,081$3,912,986
62$4,821,103$1,045,447$570,760$4,249,281
63$5,265,073$1,048,891$542,098$4,618,454
64$5,752,823$1,050,999$510,970$5,023,835
65$6,288,771$1,051,658$477,248$5,469,094
66$6,877,784$1,050,748$440,794$5,958,276
67$7,525,224$1,048,141$401,467$6,495,839
68$8,237,000$1,043,702$359,119$7,086,694
69$9,019,618$1,037,289$313,594$7,736,257
70$9,880,251$1,028,748$264,731$8,450,494
71$10,826,799$1,017,918$212,362$9,235,979
72$11,867,965$1,004,629$156,309$10,099,961
73$13,013,341$988,699$96,388$11,050,426
74$14,273,492$969,936$32,408$12,096,175
75$15,660,062$948,136$0$13,246,910
76$17,185,878$923,085$0$14,517,530
77$18,865,075$894,553$0$15,919,942
78$20,713,226$862,300$0$17,463,346
79$22,747,492$826,069$0$19,162,081
80$24,986,781$785,591$0$21,031,946
81$27,451,927$740,580$0$23,090,350
82$30,165,888$690,733$0$25,356,481
83$33,153,959$635,729$0$27,851,479
84$36,444,015$575,232$0$30,598,643
85$40,066,770$508,884$0$33,623,649
86$44,056,068$436,307$0$36,954,791
87$48,449,203$357,101$0$40,623,248
88$53,287,269$270,847$0$44,663,380
89$58,615,549$177,097$0$49,113,051
90$64,483,943$75,383$0$54,013,990
91$70,947,436$0$0$59,412,179
92$78,066,619$0$0$65,363,270
93$85,908,258$0$0$71,930,198
94$94,545,927$0$0$79,163,800
95$104,060,703$0$0$87,131,975
96$114,541,925$0$0$95,909,548
97$126,088,043$0$0$105,578,972
98$138,807,544$0$0$116,231,107
99$152,819,978$0$0$127,966,077
100$168,257,084$0$0$140,894,214