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%13.8%
1 years$61,934$61,383$60,844$60,319$59,806$58,864
2 years$30,661$30,090$29,536$29,000$28,479$27,532
3 years$20,237$19,664$19,112$18,580$18,068$17,146
4 years$15,027$14,455$13,909$13,386$12,886$11,996
5 years$11,901$11,333$10,794$10,282$9,796$8,941
6 years$9,818$9,254$8,723$8,222$7,751$6,931
7 years$8,331$7,772$7,249$6,760$6,304$5,520
8 years$7,216$6,662$6,147$5,671$5,230$4,481
9 years$6,349$5,800$5,295$4,830$4,404$3,691
10 years$5,656$5,113$4,616$4,164$3,753$3,074
11 years$5,090$4,551$4,064$3,624$3,227$2,583
12 years$4,618$4,085$3,607$3,179$2,797$2,185
13 years$4,219$3,692$3,222$2,806$2,439$1,860
14 years$3,877$3,356$2,895$2,491$2,138$1,590
15 years$3,581$3,066$2,614$2,222$1,882$1,365
16 years$3,323$2,813$2,370$1,989$1,664$1,175
17 years$3,095$2,590$2,157$1,787$1,475$1,015
18 years$2,892$2,394$1,969$1,611$1,312$879
19 years$2,712$2,218$1,802$1,455$1,169$762
20 years$2,549$2,061$1,654$1,318$1,044$662
21 years$2,402$1,920$1,521$1,196$934$576
22 years$2,269$1,792$1,402$1,088$838$502
23 years$2,147$1,676$1,295$991$752$438
24 years$2,036$1,571$1,197$903$676$382
25 years$1,934$1,474$1,109$825$608$334
26 years$1,839$1,385$1,029$754$548$292
27 years$1,752$1,304$955$691$494$255
28 years$1,672$1,228$888$633$446$224
29 years$1,597$1,159$826$580$402$196
30 years$1,527$1,094$770$532$364$172
31 years$1,461$1,035$717$489$329$150
32 years$1,400$979$669$449$297$132
33 years$1,343$927$625$413$269$116
34 years$1,289$879$584$380$244$101
35 years$1,239$833$546$350$221$89
36 years$1,191$791$511$322$200$78
37 years$1,146$751$478$297$181$69
38 years$1,104$714$448$274$164$60
39 years$1,063$679$419$252$149$53
40 years$1,025$646$393$233$135$46
41 years$989$615$369$215$123$41
42 years$955$586$346$198$111$36
43 years$922$558$324$183$101$31
44 years$891$532$305$169$92$28
45 years$861$507$286$156$83$24
46 years$833$484$269$144$76$21
47 years$806$462$252$133$69$19
48 years$780$441$237$123$62$16
49 years$756$421$223$114$57$14
50 years$732$402$210$105$51$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $750,000, adding $5,320 every year, while hoping to spend $32,179 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: 72/14/14 Blend
39$750,000$750,000$750,000$750,000
40$831,988$792,238$780,613$888,961
41$882,612$796,819$772,525$932,007
42$937,322$800,546$763,088$974,690
43$996,499$803,344$752,222$1,020,577
44$1,060,566$805,131$739,845$1,069,979
45$1,129,983$805,822$725,869$1,123,237
46$1,205,260$805,326$710,204$1,180,729
47$1,286,956$803,546$692,756$1,242,871
48$1,375,685$800,380$673,423$1,310,121
49$1,472,126$795,719$652,103$1,382,985
50$1,577,020$789,447$628,686$1,462,021
51$1,691,189$781,443$603,060$1,547,844
52$1,815,531$771,575$575,104$1,641,133
53$1,951,040$759,707$544,694$1,742,637
54$2,098,806$745,692$511,701$1,853,182
55$2,260,030$729,377$475,989$1,973,677
56$2,436,034$710,597$437,415$2,105,128
57$2,628,273$689,179$395,832$2,248,642
58$2,838,348$664,941$351,084$2,405,441
59$3,068,025$637,688$303,011$2,576,872
60$3,319,243$607,215$251,441$2,764,422
61$3,594,142$573,304$196,200$2,969,730
62$3,895,074$535,726$137,103$3,194,603
63$4,224,634$494,239$73,958$3,441,035
64$4,585,674$448,584$6,564$3,711,225
65$4,981,340$398,492$0$4,007,596
66$5,415,094$343,675$0$4,342,586
67$5,890,748$283,830$0$4,711,060
68$6,412,504$218,637$0$5,115,324
69$6,984,987$147,757$0$5,558,996
70$7,613,293$70,835$0$6,046,069
71$8,303,035$0$0$6,580,940
72$9,060,396$0$0$7,170,384
73$9,892,188$0$0$7,829,778
74$10,805,912$0$0$8,554,162
75$11,809,835$0$0$9,350,095
76$12,913,063$0$0$10,224,800
77$14,125,626$0$0$11,186,237
78$15,458,577$0$0$12,243,173
79$16,924,091$0$0$13,405,269
80$18,535,583$0$0$14,683,167
81$20,307,832$0$0$16,088,593
82$22,257,121$0$0$17,634,467
83$24,401,391$0$0$19,335,022
84$26,760,410$0$0$21,205,942
85$29,355,955$0$0$23,264,507
86$32,212,025$0$0$25,529,755
87$35,355,059$0$0$28,022,665
88$38,814,192$0$0$30,766,351
89$42,621,522$0$0$33,786,282
90$46,812,421$0$0$37,110,522
91$51,425,863$0$0$40,769,992
92$56,504,790$0$0$44,798,766
93$62,096,523$0$0$49,234,387
94$68,253,202$0$0$54,118,226
95$75,032,282$0$0$59,495,866
96$82,497,072$0$0$65,417,540
97$90,717,332$0$0$71,938,596
98$99,769,934$0$0$79,120,028
99$109,739,584$0$0$87,029,041
100$120,719,621$0$0$95,739,696