Can I retire at age 40 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$62,760$62,201$61,656$61,123$60,603$60,297
2 years$31,069$30,491$29,930$29,386$28,859$28,550
3 years$20,507$19,926$19,367$18,828$18,309$18,007
4 years$15,227$14,648$14,094$13,565$13,058$12,765
5 years$12,060$11,484$10,937$10,419$9,927$9,644
6 years$9,949$9,378$8,839$8,332$7,855$7,582
7 years$8,442$7,875$7,345$6,850$6,388$6,126
8 years$7,312$6,751$6,229$5,746$5,299$5,047
9 years$6,434$5,878$5,365$4,895$4,463$4,221
10 years$5,732$5,181$4,678$4,219$3,803$3,571
11 years$5,157$4,612$4,118$3,672$3,270$3,049
12 years$4,679$4,140$3,655$3,221$2,834$2,623
13 years$4,275$3,741$3,265$2,844$2,471$2,270
14 years$3,929$3,400$2,934$2,524$2,166$1,974
15 years$3,629$3,106$2,649$2,251$1,907$1,725
16 years$3,367$2,850$2,402$2,016$1,686$1,512
17 years$3,136$2,625$2,185$1,811$1,495$1,330
18 years$2,931$2,425$1,995$1,632$1,329$1,173
19 years$2,748$2,248$1,826$1,475$1,185$1,036
20 years$2,583$2,089$1,676$1,336$1,058$918
21 years$2,434$1,946$1,542$1,212$947$814
22 years$2,299$1,816$1,421$1,102$849$723
23 years$2,176$1,699$1,312$1,004$762$644
24 years$2,063$1,592$1,213$916$685$573
25 years$1,959$1,494$1,124$836$616$511
26 years$1,864$1,404$1,042$764$555$456
27 years$1,776$1,321$968$700$500$408
28 years$1,694$1,245$900$641$452$364
29 years$1,618$1,174$837$588$408$326
30 years$1,547$1,109$780$540$368$292
31 years$1,481$1,048$727$496$333$261
32 years$1,419$992$678$455$301$234
33 years$1,361$939$633$419$273$210
34 years$1,307$890$592$385$247$188
35 years$1,255$845$553$355$224$168
36 years$1,207$802$518$327$203$151
37 years$1,161$761$484$301$184$136
38 years$1,118$724$454$277$166$122
39 years$1,078$688$425$256$151$109
40 years$1,039$655$398$236$137$98
41 years$1,002$623$374$218$124$88
42 years$968$593$350$201$113$79
43 years$934$565$329$185$102$71
44 years$903$539$309$171$93$64
45 years$873$514$290$158$84$57
46 years$844$490$272$146$77$52
47 years$817$468$256$135$70$46
48 years$791$447$240$125$63$42
49 years$766$427$226$115$57$37
50 years$742$407$212$107$52$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $760,000, adding $2,245 every year, while hoping to spend $46,985 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: 28/47/25 Blend
39$760,000$760,000$760,000$760,000
40$839,836$799,556$787,776$856,747
41$875,507$788,742$764,175$859,461
42$913,243$775,824$738,208$858,121
43$953,203$760,649$709,747$855,713
44$995,563$743,054$678,657$852,177
45$1,040,516$722,870$644,798$847,451
46$1,088,271$699,913$608,021$841,473
47$1,139,059$673,992$568,174$834,179
48$1,193,130$644,905$525,095$825,506
49$1,250,759$612,436$478,616$815,388
50$1,312,249$576,357$428,562$803,762
51$1,377,929$536,430$374,749$790,563
52$1,448,161$492,398$316,986$775,729
53$1,523,342$443,993$255,074$759,198
54$1,603,906$390,933$188,802$740,911
55$1,690,331$332,915$117,954$720,810
56$1,783,141$269,624$42,301$698,841
57$1,882,909$200,723$0$674,957
58$1,990,268$125,861$0$659,365
59$2,105,909$44,661$0$654,484
60$2,230,593$0$0$649,059
61$2,365,156$0$0$665,518
62$2,510,517$0$0$708,346
63$2,667,684$0$0$754,753
64$2,837,767$0$0$805,080
65$3,021,985$0$0$859,700
66$3,221,677$0$0$919,025
67$3,438,319$0$0$983,508
68$3,673,532$0$0$1,053,646
69$3,929,098$0$0$1,129,988
70$4,206,979$0$0$1,213,137
71$4,509,333$0$0$1,303,755
72$4,838,535$0$0$1,402,572
73$5,197,196$0$0$1,510,393
74$5,588,192$0$0$1,628,101
75$6,014,688$0$0$1,756,671
76$6,480,166$0$0$1,897,173
77$6,988,460$0$0$2,050,788
78$7,543,791$0$0$2,218,816
79$8,150,804$0$0$2,402,685
80$8,814,616$0$0$2,603,973
81$9,540,857$0$0$2,824,412
82$10,335,731$0$0$3,065,914
83$11,206,066$0$0$3,330,581
84$12,159,381$0$0$3,620,730
85$13,203,959$0$0$3,938,913
86$14,348,920$0$0$4,287,941
87$15,604,309$0$0$4,670,907
88$16,981,190$0$0$5,091,223
89$18,491,747$0$0$5,552,643
90$20,149,403$0$0$6,059,304
91$21,968,942$0$0$6,615,765
92$23,966,650$0$0$7,227,044
93$26,160,466$0$0$7,898,672
94$28,570,151$0$0$8,636,742
95$31,217,475$0$0$9,447,966
96$34,126,421$0$0$10,339,739
97$37,323,410$0$0$11,320,207
98$40,837,549$0$0$12,398,347
99$44,700,905$0$0$13,584,045
100$48,948,808$0$0$14,888,199