Can I retire at age 40 with 756,000?

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 $756,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$62,430$61,874$61,331$60,802$60,285$59,829
2 years$30,906$30,330$29,772$29,232$28,707$28,248
3 years$20,399$19,821$19,265$18,729$18,213$17,764
4 years$15,147$14,571$14,020$13,493$12,990$12,555
5 years$11,996$11,424$10,880$10,364$9,874$9,455
6 years$9,897$9,328$8,793$8,288$7,813$7,410
7 years$8,398$7,834$7,307$6,814$6,354$5,967
8 years$7,274$6,715$6,197$5,716$5,272$4,900
9 years$6,400$5,847$5,337$4,869$4,439$4,084
10 years$5,701$5,154$4,653$4,197$3,783$3,442
11 years$5,130$4,588$4,096$3,653$3,253$2,928
12 years$4,655$4,118$3,636$3,204$2,819$2,509
13 years$4,253$3,721$3,248$2,829$2,458$2,163
14 years$3,908$3,383$2,918$2,511$2,155$1,874
15 years$3,610$3,090$2,635$2,239$1,897$1,631
16 years$3,349$2,835$2,389$2,005$1,677$1,424
17 years$3,120$2,611$2,174$1,802$1,487$1,247
18 years$2,916$2,413$1,984$1,624$1,322$1,095
19 years$2,733$2,236$1,817$1,467$1,178$964
20 years$2,569$2,078$1,667$1,329$1,053$850
21 years$2,421$1,935$1,534$1,206$942$751
22 years$2,287$1,807$1,413$1,096$844$664
23 years$2,164$1,690$1,305$998$758$588
24 years$2,052$1,583$1,207$911$681$521
25 years$1,949$1,486$1,118$832$613$463
26 years$1,854$1,396$1,037$760$552$411
27 years$1,766$1,314$963$696$498$365
28 years$1,685$1,238$895$638$449$325
29 years$1,609$1,168$833$585$406$289
30 years$1,539$1,103$776$537$366$258
31 years$1,473$1,043$723$493$331$230
32 years$1,412$987$675$453$300$205
33 years$1,354$935$630$417$271$183
34 years$1,300$886$589$383$246$163
35 years$1,249$840$550$353$222$145
36 years$1,201$797$515$325$202$130
37 years$1,155$757$482$299$183$116
38 years$1,113$720$451$276$166$103
39 years$1,072$684$423$254$150$92
40 years$1,034$651$396$235$136$82
41 years$997$620$372$217$124$74
42 years$962$590$349$200$112$66
43 years$930$562$327$184$102$59
44 years$898$536$307$170$92$53
45 years$868$511$288$157$84$47
46 years$840$488$271$145$76$42
47 years$813$465$254$134$69$38
48 years$787$444$239$124$63$34
49 years$762$424$225$115$57$30
50 years$738$405$211$106$52$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $756,000, adding $3,756 every year, while hoping to spend $47,619 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: 69/11/20 Blend
39$756,000$756,000$756,000$756,000
40$836,986$796,918$785,200$890,365
41$871,693$785,301$760,838$914,877
42$908,343$771,519$734,064$935,753
43$947,086$755,414$704,747$957,429
44$988,082$736,823$672,749$979,983
45$1,031,508$715,569$637,928$1,003,498
46$1,077,557$691,467$600,134$1,028,068
47$1,126,439$664,320$559,209$1,053,799
48$1,178,384$633,921$514,992$1,080,808
49$1,233,645$600,049$467,310$1,109,227
50$1,292,498$562,472$415,985$1,139,201
51$1,355,243$520,944$360,832$1,170,893
52$1,422,212$475,204$301,654$1,204,485
53$1,493,768$424,979$238,249$1,240,178
54$1,570,306$369,977$170,404$1,278,197
55$1,652,262$309,891$97,898$1,318,791
56$1,740,115$244,397$20,499$1,362,240
57$1,834,387$173,153$0$1,408,852
58$1,935,653$95,796$0$1,472,222
59$2,044,544$11,945$0$1,545,009
60$2,161,753$0$0$1,623,314
61$2,288,041$0$0$1,717,206
62$2,424,242$0$0$1,820,059
63$2,571,275$0$0$1,931,126
64$2,730,147$0$0$2,051,173
65$2,901,967$0$0$2,181,041
66$3,087,953$0$0$2,321,656
67$3,289,445$0$0$2,474,036
68$3,507,913$0$0$2,639,299
69$3,744,979$0$0$2,818,675
70$4,002,422$0$0$3,013,518
71$4,282,200$0$0$3,225,316
72$4,586,470$0$0$3,455,707
73$4,917,601$0$0$3,706,492
74$5,278,201$0$0$3,979,653
75$5,671,141$0$0$4,277,373
76$6,099,580$0$0$4,602,052
77$6,566,994$0$0$4,956,332
78$7,077,210$0$0$5,343,122
79$7,634,441$0$0$5,765,624
80$8,243,322$0$0$6,227,362
81$8,908,959$0$0$6,732,217
82$9,636,973$0$0$7,284,463
83$10,433,553$0$0$7,888,802
84$11,305,512$0$0$8,550,415
85$12,260,355$0$0$9,275,008
86$13,306,345$0$0$10,068,861
87$14,452,582$0$0$10,938,892
88$15,709,089$0$0$11,892,722
89$17,086,903$0$0$12,938,741
90$18,598,181$0$0$14,086,193
91$20,256,315$0$0$15,345,257
92$22,076,055$0$0$16,727,147
93$24,073,645$0$0$18,244,215
94$26,266,984$0$0$19,910,067
95$28,675,785$0$0$21,739,693
96$31,321,765$0$0$23,749,602
97$34,228,848$0$0$25,957,984
98$37,423,390$0$0$28,384,878
99$40,934,426$0$0$31,052,359
100$44,793,943$0$0$33,984,748