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%14.9%
1 years$62,099$61,546$61,007$60,480$59,966$58,755
2 years$30,742$30,170$29,615$29,077$28,555$27,341
3 years$20,291$19,716$19,163$18,630$18,116$16,936
4 years$15,067$14,494$13,946$13,422$12,921$11,784
5 years$11,933$11,363$10,822$10,309$9,822$8,732
6 years$9,844$9,279$8,746$8,244$7,772$6,729
7 years$8,353$7,792$7,268$6,778$6,321$5,326
8 years$7,235$6,679$6,164$5,686$5,244$4,296
9 years$6,366$5,816$5,309$4,843$4,416$3,515
10 years$5,671$5,126$4,628$4,175$3,763$2,908
11 years$5,103$4,564$4,075$3,633$3,236$2,426
12 years$4,630$4,096$3,616$3,187$2,804$2,038
13 years$4,230$3,702$3,231$2,814$2,445$1,722
14 years$3,888$3,365$2,903$2,498$2,144$1,462
15 years$3,591$3,074$2,621$2,227$1,887$1,245
16 years$3,332$2,820$2,376$1,994$1,668$1,064
17 years$3,103$2,597$2,162$1,792$1,479$912
18 years$2,900$2,400$1,974$1,615$1,315$783
19 years$2,719$2,224$1,807$1,459$1,172$673
20 years$2,556$2,067$1,658$1,322$1,047$580
21 years$2,409$1,925$1,525$1,199$937$501
22 years$2,275$1,797$1,406$1,091$840$433
23 years$2,153$1,681$1,298$993$754$374
24 years$2,041$1,575$1,201$906$678$324
25 years$1,939$1,478$1,112$827$610$280
26 years$1,844$1,389$1,031$756$549$243
27 years$1,757$1,307$958$692$495$211
28 years$1,676$1,232$890$634$447$183
29 years$1,601$1,162$828$582$403$159
30 years$1,531$1,097$772$534$365$138
31 years$1,465$1,037$719$490$330$120
32 years$1,404$982$671$451$298$104
33 years$1,347$930$627$414$270$90
34 years$1,293$881$586$381$244$79
35 years$1,242$836$547$351$221$68
36 years$1,194$793$512$323$200$59
37 years$1,149$753$479$298$182$52
38 years$1,107$716$449$275$165$45
39 years$1,066$681$421$253$149$39
40 years$1,028$648$394$233$135$34
41 years$992$617$370$215$123$30
42 years$957$587$347$199$112$26
43 years$925$559$325$184$101$22
44 years$893$533$305$169$92$19
45 years$864$509$287$156$83$17
46 years$835$485$269$145$76$15
47 years$808$463$253$134$69$13
48 years$783$442$238$123$62$11
49 years$758$422$224$114$57$10
50 years$734$403$210$105$52$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $752,000, adding $4,921 every year, while hoping to spend $23,426 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: 45/34/21 Blend
39$752,000$752,000$752,000$752,000
40$833,780$793,924$782,268$866,059
41$893,900$807,901$783,549$903,223
42$959,368$821,778$784,088$940,810
43$1,030,704$835,525$783,834$981,089
44$1,108,480$849,110$782,737$1,024,324
45$1,193,328$862,500$780,742$1,070,802
46$1,285,941$875,656$777,791$1,120,843
47$1,387,084$888,540$773,824$1,174,798
48$1,497,598$901,110$768,778$1,233,056
49$1,618,409$913,321$762,588$1,296,046
50$1,750,536$925,123$755,185$1,364,240
51$1,895,103$936,466$746,495$1,438,162
52$2,053,345$947,294$736,444$1,518,389
53$2,226,622$957,548$724,952$1,605,558
54$2,416,436$967,165$711,935$1,700,370
55$2,624,435$976,079$697,307$1,803,603
56$2,852,437$984,217$680,978$1,916,113
57$3,102,446$991,504$662,851$2,038,844
58$3,376,667$997,859$642,827$2,172,840
59$3,677,527$1,003,195$620,802$2,319,252
60$4,007,703$1,007,419$596,668$2,479,351
61$4,370,142$1,010,436$570,309$2,654,538
62$4,768,090$1,012,140$541,607$2,846,361
63$5,205,122$1,012,423$510,439$3,056,526
64$5,685,178$1,011,165$476,672$3,286,917
65$6,212,598$1,008,244$440,172$3,539,612
66$6,792,162$1,003,527$400,797$3,816,904
67$7,429,136$996,873$358,397$4,121,324
68$8,129,324$988,136$312,819$4,455,660
69$8,899,116$977,156$263,900$4,822,994
70$9,745,557$963,767$211,471$5,226,719
71$10,676,404$947,792$155,356$5,670,584
72$11,700,207$929,043$95,370$6,158,721
73$12,826,384$907,323$31,321$6,695,687
74$14,065,314$882,420$0$7,286,512
75$15,428,429$854,111$0$7,945,036
76$16,928,328$822,162$0$8,677,109
77$18,578,892$786,323$0$9,482,499
78$20,395,416$746,330$0$10,368,695
79$22,394,752$701,903$0$11,343,956
80$24,595,468$652,748$0$12,417,384
81$27,018,026$598,553$0$13,599,013
82$29,684,970$538,987$0$14,899,905
83$32,621,143$473,703$0$16,332,256
84$35,853,916$402,331$0$17,909,507
85$39,413,453$324,483$0$19,646,477
86$43,332,989$239,747$0$21,559,500
87$47,649,149$147,689$0$23,666,582
88$52,402,286$47,850$0$25,987,573
89$57,636,871$0$0$28,544,350
90$63,401,904$0$0$31,383,573
91$69,751,382$0$0$34,530,470
92$76,744,805$0$0$37,996,643
93$84,447,738$0$0$41,814,603
94$92,932,433$0$0$46,020,177
95$102,278,503$0$0$50,652,845
96$112,573,682$0$0$55,756,112
97$123,914,646$0$0$61,377,917
98$136,407,930$0$0$67,571,089
99$150,170,929$0$0$74,393,842
100$165,333,011$0$0$81,910,326