Can I retire at age 40 with 758,000?

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 $758,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$62,595$62,037$61,493$60,962$60,444$60,063
2 years$30,988$30,410$29,851$29,309$28,783$28,399
3 years$20,453$19,874$19,316$18,778$18,261$17,885
4 years$15,187$14,609$14,057$13,529$13,024$12,660
5 years$12,028$11,454$10,909$10,391$9,901$9,549
6 years$9,923$9,353$8,816$8,310$7,834$7,495
7 years$8,420$7,855$7,326$6,832$6,371$6,046
8 years$7,293$6,733$6,213$5,731$5,285$4,973
9 years$6,417$5,862$5,351$4,882$4,451$4,152
10 years$5,717$5,167$4,665$4,208$3,793$3,506
11 years$5,144$4,600$4,107$3,662$3,262$2,988
12 years$4,667$4,129$3,645$3,212$2,827$2,566
13 years$4,264$3,731$3,257$2,836$2,465$2,216
14 years$3,919$3,392$2,926$2,518$2,161$1,924
15 years$3,620$3,098$2,642$2,245$1,902$1,677
16 years$3,358$2,843$2,395$2,010$1,681$1,467
17 years$3,128$2,618$2,180$1,806$1,491$1,288
18 years$2,923$2,419$1,990$1,628$1,326$1,133
19 years$2,741$2,242$1,821$1,471$1,181$999
20 years$2,576$2,083$1,672$1,332$1,055$883
21 years$2,428$1,941$1,538$1,209$944$782
22 years$2,293$1,811$1,417$1,099$847$693
23 years$2,170$1,694$1,308$1,001$760$615
24 years$2,058$1,587$1,210$913$683$547
25 years$1,954$1,490$1,121$834$615$486
26 years$1,859$1,400$1,040$762$554$433
27 years$1,771$1,318$965$698$499$386
28 years$1,689$1,242$897$639$450$344
29 years$1,614$1,171$835$586$407$307
30 years$1,543$1,106$778$538$367$274
31 years$1,477$1,046$725$494$332$245
32 years$1,415$989$677$454$301$219
33 years$1,357$937$632$418$272$196
34 years$1,303$888$590$384$246$175
35 years$1,252$842$552$354$223$156
36 years$1,204$799$516$326$202$140
37 years$1,158$759$483$300$183$125
38 years$1,115$722$452$277$166$112
39 years$1,075$686$424$255$151$100
40 years$1,036$653$397$235$137$90
41 years$1,000$621$373$217$124$81
42 years$965$592$349$200$112$72
43 years$932$564$328$185$102$65
44 years$901$538$308$171$93$58
45 years$871$513$289$158$84$52
46 years$842$489$271$146$76$47
47 years$815$467$255$135$69$42
48 years$789$445$240$124$63$37
49 years$764$425$225$115$57$33
50 years$740$406$212$106$52$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $758,000, adding $5,759 every year, while hoping to spend $31,041 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: 46/24/30 Blend
39$758,000$758,000$758,000$758,000
40$841,256$801,082$789,333$872,455
41$894,037$807,308$782,749$901,414
42$951,161$812,798$774,903$929,393
43$1,013,039$817,485$765,721$959,167
44$1,080,121$821,294$755,125$990,922
45$1,152,904$824,147$743,032$1,024,864
46$1,231,932$825,963$729,357$1,061,223
47$1,317,807$826,653$714,008$1,100,253
48$1,411,188$826,124$696,892$1,142,236
49$1,512,801$824,276$677,909$1,187,484
50$1,623,446$821,004$656,958$1,236,344
51$1,744,000$816,196$633,929$1,289,199
52$1,875,433$809,735$608,711$1,346,477
53$2,018,809$801,493$581,184$1,408,648
54$2,175,299$791,338$551,225$1,476,234
55$2,346,194$779,128$518,706$1,549,815
56$2,532,915$764,715$483,492$1,630,031
57$2,737,025$747,938$445,441$1,717,591
58$2,960,245$728,630$404,407$1,813,279
59$3,204,470$706,614$360,235$1,917,965
60$3,471,789$681,701$312,766$2,032,609
61$3,764,499$653,691$261,830$2,158,274
62$4,085,130$622,375$207,254$2,296,136
63$4,436,471$587,528$148,855$2,447,495
64$4,821,590$548,916$86,440$2,613,789
65$5,243,868$506,289$19,812$2,796,606
66$5,707,028$459,383$0$2,997,703
67$6,215,172$407,919$0$3,235,442
68$6,772,816$351,604$0$3,503,382
69$7,384,936$290,126$0$3,797,621
70$8,057,014$223,156$0$4,120,851
71$8,795,086$150,347$0$4,476,047
72$9,605,803$71,333$0$4,866,487
73$10,496,492$0$0$5,295,786
74$11,475,226$0$0$5,771,703
75$12,550,894$0$0$6,315,553
76$13,733,295$0$0$6,913,463
77$15,033,220$0$0$7,570,902
78$16,462,560$0$0$8,293,897
79$18,034,415$0$0$9,089,085
80$19,763,218$0$0$9,963,783
81$21,664,873$0$0$10,926,050
82$23,756,898$0$0$11,984,767
83$26,058,601$0$0$13,149,716
84$28,591,249$0$0$14,431,679
85$31,378,280$0$0$15,842,534
86$34,445,515$0$0$17,395,369
87$37,821,408$0$0$19,104,605
88$41,537,310$0$0$20,986,134
89$45,627,764$0$0$23,057,463
90$50,130,834$0$0$25,337,886
91$55,088,462$0$0$27,848,662
92$60,546,863$0$0$30,613,216
93$66,556,962$0$0$33,657,361
94$73,174,871$0$0$37,009,538
95$80,462,424$0$0$40,701,090
96$88,487,754$0$0$44,766,552
97$97,325,941$0$0$49,243,981
98$107,059,714$0$0$54,175,312
99$117,780,237$0$0$59,606,755
100$129,587,967$0$0$65,589,230