Can I retire at age 40 with 752,000?

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 $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%13.1%
1 years$62,099$61,546$61,007$60,480$59,966$59,192
2 years$30,742$30,170$29,615$29,077$28,555$27,776
3 years$20,291$19,716$19,163$18,630$18,116$17,357
4 years$15,067$14,494$13,946$13,422$12,921$12,187
5 years$11,933$11,363$10,822$10,309$9,822$9,116
6 years$9,844$9,279$8,746$8,244$7,772$7,094
7 years$8,353$7,792$7,268$6,778$6,321$5,671
8 years$7,235$6,679$6,164$5,686$5,244$4,623
9 years$6,366$5,816$5,309$4,843$4,416$3,823
10 years$5,671$5,126$4,628$4,175$3,763$3,198
11 years$5,103$4,564$4,075$3,633$3,236$2,699
12 years$4,630$4,096$3,616$3,187$2,804$2,294
13 years$4,230$3,702$3,231$2,814$2,445$1,961
14 years$3,888$3,365$2,903$2,498$2,144$1,684
15 years$3,591$3,074$2,621$2,227$1,887$1,453
16 years$3,332$2,820$2,376$1,994$1,668$1,257
17 years$3,103$2,597$2,162$1,792$1,479$1,091
18 years$2,900$2,400$1,974$1,615$1,315$949
19 years$2,719$2,224$1,807$1,459$1,172$828
20 years$2,556$2,067$1,658$1,322$1,047$723
21 years$2,409$1,925$1,525$1,199$937$632
22 years$2,275$1,797$1,406$1,091$840$554
23 years$2,153$1,681$1,298$993$754$486
24 years$2,041$1,575$1,201$906$678$426
25 years$1,939$1,478$1,112$827$610$374
26 years$1,844$1,389$1,031$756$549$329
27 years$1,757$1,307$958$692$495$290
28 years$1,676$1,232$890$634$447$255
29 years$1,601$1,162$828$582$403$225
30 years$1,531$1,097$772$534$365$198
31 years$1,465$1,037$719$490$330$175
32 years$1,404$982$671$451$298$154
33 years$1,347$930$627$414$270$136
34 years$1,293$881$586$381$244$120
35 years$1,242$836$547$351$221$106
36 years$1,194$793$512$323$200$93
37 years$1,149$753$479$298$182$82
38 years$1,107$716$449$275$165$73
39 years$1,066$681$421$253$149$64
40 years$1,028$648$394$233$135$57
41 years$992$617$370$215$123$50
42 years$957$587$347$199$112$44
43 years$925$559$325$184$101$39
44 years$893$533$305$169$92$35
45 years$864$509$287$156$83$31
46 years$835$485$269$145$76$27
47 years$808$463$253$134$69$24
48 years$783$442$238$123$62$21
49 years$758$422$224$114$57$19
50 years$734$403$210$105$52$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $752,000, adding $6,543 every year, while hoping to spend $46,098 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: 53/21/26 Blend
39$752,000$752,000$752,000$752,000
40$835,453$795,597$783,941$873,377
41$871,621$785,533$761,155$890,238
42$909,934$773,432$736,061$903,319
43$950,561$759,143$708,532$916,619
44$993,687$742,511$678,438$930,177
45$1,039,517$723,368$645,639$944,038
46$1,088,273$701,537$609,993$958,254
47$1,140,197$676,833$571,348$972,887
48$1,195,557$649,058$529,548$988,005
49$1,254,644$618,002$484,428$1,003,690
50$1,317,777$583,444$435,816$1,020,033
51$1,385,308$545,150$383,534$1,037,140
52$1,457,620$502,873$327,393$1,055,129
53$1,535,135$456,351$267,198$1,074,138
54$1,618,314$405,308$202,745$1,094,320
55$1,707,666$349,452$133,820$1,115,851
56$1,803,746$288,474$60,202$1,138,927
57$1,907,167$222,047$0$1,163,772
58$2,018,599$149,828$0$1,195,730
59$2,138,779$71,453$0$1,248,145
60$2,268,517$0$0$1,304,686
61$2,408,704$0$0$1,368,893
62$2,560,317$0$0$1,456,249
63$2,724,430$0$0$1,550,869
64$2,902,227$0$0$1,653,441
65$3,095,006$0$0$1,764,724
66$3,304,196$0$0$1,885,551
67$3,531,369$0$0$2,016,838
68$3,778,253$0$0$2,159,594
69$4,046,750$0$0$2,314,928
70$4,338,952$0$0$2,484,060
71$4,657,160$0$0$2,668,333
72$5,003,908$0$0$2,869,225
73$5,381,983$0$0$3,088,363
74$5,794,454$0$0$3,327,537
75$6,244,698$0$0$3,588,718
76$6,736,431$0$0$3,874,075
77$7,273,747$0$0$4,185,997
78$7,861,150$0$0$4,527,113
79$8,503,601$0$0$4,900,318
80$9,206,561$0$0$5,308,801
81$9,976,044$0$0$5,756,071
82$10,818,673$0$0$6,245,995
83$11,741,739$0$0$6,782,829
84$12,753,275$0$0$7,371,262
85$13,862,124$0$0$8,016,458
86$15,078,029$0$0$8,724,104
87$16,411,717$0$0$9,500,463
88$17,875,007$0$0$10,352,436
89$19,480,916$0$0$11,287,623
90$21,243,781$0$0$12,314,394
91$23,179,397$0$0$13,441,972
92$25,305,161$0$0$14,680,516
93$27,640,239$0$0$16,041,216
94$30,205,744$0$0$17,536,402
95$33,024,936$0$0$19,179,654
96$36,123,440$0$0$20,985,936
97$39,529,484$0$0$22,971,732
98$43,274,171$0$0$25,155,204
99$47,391,765$0$0$27,556,362
100$51,920,018$0$0$30,197,250