Can I retire at age 40 with 759,000?

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 $759,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$62,678$62,119$61,575$61,043$60,524$59,375
2 years$31,028$30,451$29,891$29,348$28,821$27,668
3 years$20,480$19,900$19,341$18,803$18,285$17,164
4 years$15,207$14,628$14,075$13,547$13,041$11,960
5 years$12,044$11,469$10,923$10,405$9,914$8,876
6 years$9,936$9,365$8,827$8,321$7,844$6,852
7 years$8,431$7,865$7,336$6,841$6,380$5,432
8 years$7,303$6,742$6,221$5,739$5,292$4,389
9 years$6,425$5,870$5,358$4,888$4,457$3,598
10 years$5,724$5,174$4,672$4,214$3,798$2,982
11 years$5,151$4,606$4,113$3,667$3,266$2,493
12 years$4,673$4,134$3,650$3,217$2,830$2,098
13 years$4,269$3,736$3,261$2,840$2,468$1,776
14 years$3,924$3,396$2,930$2,521$2,163$1,511
15 years$3,624$3,102$2,645$2,248$1,905$1,289
16 years$3,363$2,846$2,398$2,013$1,684$1,104
17 years$3,132$2,621$2,182$1,809$1,493$948
18 years$2,927$2,422$1,992$1,630$1,327$816
19 years$2,744$2,245$1,824$1,473$1,183$704
20 years$2,580$2,086$1,674$1,334$1,057$608
21 years$2,431$1,943$1,540$1,211$946$526
22 years$2,296$1,814$1,419$1,101$848$455
23 years$2,173$1,696$1,310$1,002$761$394
24 years$2,060$1,589$1,212$914$684$342
25 years$1,957$1,492$1,122$835$615$297
26 years$1,861$1,402$1,041$763$554$258
27 years$1,773$1,319$967$699$500$224
28 years$1,692$1,243$899$640$451$195
29 years$1,616$1,173$836$587$407$170
30 years$1,545$1,108$779$539$368$148
31 years$1,479$1,047$726$495$333$129
32 years$1,417$991$677$455$301$112
33 years$1,359$938$633$418$272$98
34 years$1,305$889$591$385$247$85
35 years$1,254$843$553$354$223$74
36 years$1,205$801$517$326$202$65
37 years$1,160$760$484$301$183$56
38 years$1,117$723$453$277$166$49
39 years$1,076$687$424$255$151$43
40 years$1,038$654$398$236$137$37
41 years$1,001$622$373$217$124$33
42 years$966$593$350$201$113$28
43 years$933$565$328$185$102$25
44 years$902$538$308$171$93$22
45 years$872$513$289$158$84$19
46 years$843$490$272$146$76$16
47 years$816$467$255$135$69$14
48 years$790$446$240$125$63$13
49 years$765$426$226$115$57$11
50 years$741$407$212$106$52$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $759,000, adding $6,451 every year, while hoping to spend $37,083 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: 61/15/24 Blend
39$759,000$759,000$759,000$759,000
40$843,072$802,845$791,081$888,761
41$889,610$802,729$778,126$920,391
42$939,651$801,363$763,494$950,282
43$993,514$798,649$747,090$982,094
44$1,051,549$794,480$728,815$1,016,020
45$1,114,140$788,742$708,563$1,052,274
46$1,181,708$781,316$686,225$1,091,095
47$1,254,717$772,075$661,688$1,132,745
48$1,333,675$760,884$634,832$1,177,516
49$1,419,143$747,600$605,531$1,225,731
50$1,511,735$732,072$573,657$1,277,748
51$1,612,130$714,141$539,071$1,333,963
52$1,721,069$693,636$501,633$1,394,813
53$1,839,372$670,379$461,192$1,460,784
54$1,967,939$644,178$417,592$1,532,412
55$2,107,760$614,834$370,673$1,610,291
56$2,259,923$582,133$320,262$1,695,078
57$2,425,629$545,850$266,184$1,787,500
58$2,606,195$505,749$208,253$1,888,359
59$2,803,072$461,576$146,276$1,998,544
60$3,017,860$413,068$80,050$2,119,038
61$3,252,315$359,941$9,365$2,250,925
62$3,508,374$301,901$0$2,395,406
63$3,788,166$238,633$0$2,570,726
64$4,094,039$169,805$0$2,765,091
65$4,428,574$95,069$0$2,977,780
66$4,794,616$14,054$0$3,210,647
67$5,195,295$0$0$3,465,734
68$5,634,059$0$0$3,757,448
69$6,114,706$0$0$4,079,608
70$6,641,418$0$0$4,432,703
71$7,218,799$0$0$4,819,828
72$7,851,921$0$0$5,244,393
73$8,546,371$0$0$5,710,151
74$9,308,302$0$0$6,221,237
75$10,144,491$0$0$6,782,206
76$11,062,404$0$0$7,398,076
77$12,070,264$0$0$8,074,374
78$13,177,130$0$0$8,817,187
79$14,392,980$0$0$9,633,222
80$15,728,809$0$0$10,529,869
81$17,196,726$0$0$11,515,267
82$18,810,073$0$0$12,598,383
83$20,583,550$0$0$13,789,096
84$22,533,348$0$0$15,098,291
85$24,677,310$0$0$16,537,959
86$27,035,090$0$0$18,121,312
87$29,628,347$0$0$19,862,905
88$32,480,939$0$0$21,778,778
89$35,619,157$0$0$23,886,601
90$39,071,965$0$0$26,205,842
91$42,871,279$0$0$28,757,955
92$47,052,263$0$0$31,566,576
93$51,653,663$0$0$34,657,747
94$56,718,171$0$0$38,060,167
95$62,292,827$0$0$41,805,455
96$68,429,465$0$0$45,928,451
97$75,185,197$0$0$50,467,546
98$82,622,955$0$0$55,465,043
99$90,812,084$0$0$60,967,553
100$99,828,995$0$0$67,026,438