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%18.5%
1 years$62,099$61,546$61,007$60,480$59,966$57,907
2 years$30,742$30,170$29,615$29,077$28,555$26,502
3 years$20,291$19,716$19,163$18,630$18,116$16,134
4 years$15,067$14,494$13,946$13,422$12,921$11,023
5 years$11,933$11,363$10,822$10,309$9,822$8,015
6 years$9,844$9,279$8,746$8,244$7,772$6,056
7 years$8,353$7,792$7,268$6,778$6,321$4,696
8 years$7,235$6,679$6,164$5,686$5,244$3,709
9 years$6,366$5,816$5,309$4,843$4,416$2,970
10 years$5,671$5,126$4,628$4,175$3,763$2,402
11 years$5,103$4,564$4,075$3,633$3,236$1,958
12 years$4,630$4,096$3,616$3,187$2,804$1,607
13 years$4,230$3,702$3,231$2,814$2,445$1,325
14 years$3,888$3,365$2,903$2,498$2,144$1,097
15 years$3,591$3,074$2,621$2,227$1,887$911
16 years$3,332$2,820$2,376$1,994$1,668$759
17 years$3,103$2,597$2,162$1,792$1,479$633
18 years$2,900$2,400$1,974$1,615$1,315$530
19 years$2,719$2,224$1,807$1,459$1,172$443
20 years$2,556$2,067$1,658$1,322$1,047$372
21 years$2,409$1,925$1,525$1,199$937$312
22 years$2,275$1,797$1,406$1,091$840$262
23 years$2,153$1,681$1,298$993$754$220
24 years$2,041$1,575$1,201$906$678$185
25 years$1,939$1,478$1,112$827$610$156
26 years$1,844$1,389$1,031$756$549$131
27 years$1,757$1,307$958$692$495$111
28 years$1,676$1,232$890$634$447$93
29 years$1,601$1,162$828$582$403$79
30 years$1,531$1,097$772$534$365$66
31 years$1,465$1,037$719$490$330$56
32 years$1,404$982$671$451$298$47
33 years$1,347$930$627$414$270$40
34 years$1,293$881$586$381$244$33
35 years$1,242$836$547$351$221$28
36 years$1,194$793$512$323$200$24
37 years$1,149$753$479$298$182$20
38 years$1,107$716$449$275$165$17
39 years$1,066$681$421$253$149$14
40 years$1,028$648$394$233$135$12
41 years$992$617$370$215$123$10
42 years$957$587$347$199$112$9
43 years$925$559$325$184$101$7
44 years$893$533$305$169$92$6
45 years$864$509$287$156$83$5
46 years$835$485$269$145$76$4
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 $5,233 every year, while hoping to spend $43,412 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: 72/19/9 Blend
39$752,000$752,000$752,000$752,000
40$834,102$794,246$782,590$892,441
41$872,990$786,974$762,617$924,413
42$914,390$777,891$740,519$953,521
43$958,512$766,861$716,181$984,196
44$1,005,586$753,744$689,479$1,016,581
45$1,055,865$738,386$660,286$1,050,835
46$1,109,626$720,629$628,467$1,087,133
47$1,167,171$700,303$593,884$1,125,669
48$1,228,832$677,228$556,389$1,166,658
49$1,294,976$651,215$515,831$1,210,337
50$1,366,002$622,063$472,049$1,256,968
51$1,442,348$589,558$424,878$1,306,844
52$1,524,498$553,477$374,142$1,360,284
53$1,612,981$513,581$319,659$1,417,646
54$1,708,378$469,620$261,241$1,479,323
55$1,811,328$421,327$198,688$1,545,751
56$1,922,533$368,421$131,793$1,617,411
57$2,042,763$310,606$60,341$1,694,836
58$2,172,868$247,568$0$1,778,616
59$2,313,778$178,977$0$1,870,931
60$2,466,518$104,481$0$1,977,255
61$2,632,215$23,713$0$2,092,608
62$2,812,107$0$0$2,217,896
63$3,007,558$0$0$2,367,440
64$3,220,066$0$0$2,535,458
65$3,451,281$0$0$2,718,300
66$3,703,016$0$0$2,917,404
67$3,977,270$0$0$3,134,355
68$4,276,238$0$0$3,370,896
69$4,602,340$0$0$3,628,944
70$4,958,237$0$0$3,910,610
71$5,346,859$0$0$4,218,219
72$5,771,430$0$0$4,554,330
73$6,235,503$0$0$4,921,758
74$6,742,986$0$0$5,323,604
75$7,298,183$0$0$5,763,283
76$7,905,834$0$0$6,244,555
77$8,571,157$0$0$6,771,559
78$9,299,900$0$0$7,348,855
79$10,098,390$0$0$7,981,462
80$10,973,598$0$0$8,674,911
81$11,933,201$0$0$9,435,290
82$12,985,652$0$0$10,269,308
83$14,140,264$0$0$11,184,351
84$15,407,293$0$0$12,188,558
85$16,798,039$0$0$13,290,890
86$18,324,946$0$0$14,501,223
87$20,001,722$0$0$15,830,431
88$21,843,470$0$0$17,290,496
89$23,866,826$0$0$18,894,616
90$26,090,117$0$0$20,657,332
91$28,533,532$0$0$22,594,662
92$31,219,317$0$0$24,724,254
93$34,171,975$0$0$27,065,550
94$37,418,506$0$0$29,639,969
95$40,988,654$0$0$32,471,112
96$44,915,191$0$0$35,584,980
97$49,234,224$0$0$39,010,219
98$53,985,536$0$0$42,778,393
99$59,212,958$0$0$46,924,278
100$64,964,785$0$0$51,486,192