Can I retire at age 40 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$62,099$61,546$61,007$60,480$59,966$57,953
2 years$30,742$30,170$29,615$29,077$28,555$26,548
3 years$20,291$19,716$19,163$18,630$18,116$16,177
4 years$15,067$14,494$13,946$13,422$12,921$11,064
5 years$11,933$11,363$10,822$10,309$9,822$8,053
6 years$9,844$9,279$8,746$8,244$7,772$6,092
7 years$8,353$7,792$7,268$6,778$6,321$4,729
8 years$7,235$6,679$6,164$5,686$5,244$3,740
9 years$6,366$5,816$5,309$4,843$4,416$2,998
10 years$5,671$5,126$4,628$4,175$3,763$2,428
11 years$5,103$4,564$4,075$3,633$3,236$1,982
12 years$4,630$4,096$3,616$3,187$2,804$1,628
13 years$4,230$3,702$3,231$2,814$2,445$1,345
14 years$3,888$3,365$2,903$2,498$2,144$1,115
15 years$3,591$3,074$2,621$2,227$1,887$927
16 years$3,332$2,820$2,376$1,994$1,668$773
17 years$3,103$2,597$2,162$1,792$1,479$646
18 years$2,900$2,400$1,974$1,615$1,315$541
19 years$2,719$2,224$1,807$1,459$1,172$454
20 years$2,556$2,067$1,658$1,322$1,047$381
21 years$2,409$1,925$1,525$1,199$937$320
22 years$2,275$1,797$1,406$1,091$840$270
23 years$2,153$1,681$1,298$993$754$227
24 years$2,041$1,575$1,201$906$678$191
25 years$1,939$1,478$1,112$827$610$161
26 years$1,844$1,389$1,031$756$549$136
27 years$1,757$1,307$958$692$495$115
28 years$1,676$1,232$890$634$447$97
29 years$1,601$1,162$828$582$403$82
30 years$1,531$1,097$772$534$365$69
31 years$1,465$1,037$719$490$330$58
32 years$1,404$982$671$451$298$49
33 years$1,347$930$627$414$270$42
34 years$1,293$881$586$381$244$35
35 years$1,242$836$547$351$221$30
36 years$1,194$793$512$323$200$25
37 years$1,149$753$479$298$182$21
38 years$1,107$716$449$275$165$18
39 years$1,066$681$421$253$149$15
40 years$1,028$648$394$233$135$13
41 years$992$617$370$215$123$11
42 years$957$587$347$199$112$9
43 years$925$559$325$184$101$8
44 years$893$533$305$169$92$7
45 years$864$509$287$156$83$6
46 years$835$485$269$145$76$5
47 years$808$463$253$134$69$4
48 years$783$442$238$123$62$3
49 years$758$422$224$114$57$3
50 years$734$403$210$105$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $752,000, adding $5,184 every year, while hoping to spend $30,574 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: 72/9/19 Blend
39$752,000$752,000$752,000$752,000
40$834,051$794,195$782,539$889,963
41$886,594$800,580$776,224$934,205
42$943,471$806,254$768,672$978,473
43$1,005,093$811,148$759,810$1,026,177
44$1,071,910$815,192$749,562$1,077,653
45$1,144,418$818,309$737,845$1,133,272
46$1,223,162$820,419$724,575$1,193,441
47$1,308,740$821,436$709,665$1,258,612
48$1,401,814$821,268$693,021$1,329,280
49$1,503,108$819,819$674,546$1,405,993
50$1,613,420$816,985$654,138$1,489,355
51$1,733,630$812,659$631,693$1,580,032
52$1,864,703$806,722$607,098$1,678,759
53$2,007,705$799,054$580,238$1,786,346
54$2,163,807$789,523$550,992$1,903,685
55$2,334,297$777,992$519,232$2,031,763
56$2,520,596$764,313$484,826$2,171,665
57$2,724,265$748,333$447,636$2,324,590
58$2,947,025$729,887$407,517$2,491,860
59$3,190,771$708,800$364,318$2,674,930
60$3,457,588$684,890$317,881$2,875,408
61$3,749,773$657,961$268,042$3,095,066
62$4,069,855$627,806$214,627$3,335,857
63$4,420,621$594,209$157,457$3,599,936
64$4,805,137$556,939$96,345$3,889,678
65$5,226,783$515,750$31,094$4,207,703
66$5,689,279$470,387$0$4,556,900
67$6,196,726$420,576$0$4,948,265
68$6,753,636$366,028$0$5,384,733
69$7,364,984$306,441$0$5,863,910
70$8,036,248$241,492$0$6,390,112
71$8,773,462$170,841$0$6,968,094
72$9,583,273$94,131$0$7,603,097
73$10,473,005$10,981$0$8,300,895
74$11,450,725$0$0$9,067,852
75$12,525,321$0$0$9,918,802
76$13,706,584$0$0$10,855,456
77$15,005,302$0$0$11,885,285
78$16,433,360$0$0$13,017,716
79$18,003,851$0$0$14,263,140
80$19,731,203$0$0$15,633,002
81$21,631,310$0$0$17,139,913
82$23,721,684$0$0$18,797,768
83$26,021,622$0$0$20,621,876
84$28,552,385$0$0$22,629,106
85$31,337,396$0$0$24,838,042
86$34,402,468$0$0$27,269,164
87$37,776,039$0$0$29,945,036
88$41,489,448$0$0$32,890,521
89$45,577,221$0$0$36,133,015
90$50,077,408$0$0$39,702,705
91$55,031,929$0$0$43,632,853
92$60,486,980$0$0$47,960,111
93$66,493,463$0$0$52,724,865
94$73,107,467$0$0$57,971,619
95$80,390,797$0$0$63,749,409
96$88,411,557$0$0$70,112,271
97$97,244,793$0$0$77,119,748
98$106,973,200$0$0$84,837,453
99$117,687,901$0$0$93,337,686
100$129,489,310$0$0$102,700,117