Can I retire at age 40 with 761,000?

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 $761,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$62,843$62,283$61,737$61,204$60,683$59,120
2 years$31,110$30,531$29,969$29,425$28,897$27,333
3 years$20,534$19,952$19,392$18,853$18,333$16,817
4 years$15,247$14,667$14,112$13,582$13,075$11,618
5 years$12,076$11,499$10,952$10,433$9,940$8,546
6 years$9,962$9,390$8,851$8,343$7,865$6,536
7 years$8,453$7,886$7,355$6,859$6,396$5,132
8 years$7,322$6,759$6,238$5,754$5,306$4,106
9 years$6,442$5,885$5,372$4,901$4,469$3,332
10 years$5,739$5,188$4,684$4,225$3,808$2,732
11 years$5,164$4,618$4,124$3,677$3,275$2,260
12 years$4,686$4,145$3,660$3,225$2,838$1,881
13 years$4,281$3,746$3,270$2,847$2,475$1,574
14 years$3,934$3,405$2,938$2,528$2,169$1,323
15 years$3,634$3,110$2,652$2,254$1,910$1,116
16 years$3,372$2,854$2,405$2,018$1,688$945
17 years$3,140$2,628$2,188$1,813$1,497$801
18 years$2,935$2,429$1,998$1,634$1,331$681
19 years$2,751$2,251$1,829$1,477$1,186$580
20 years$2,586$2,092$1,678$1,337$1,060$494
21 years$2,437$1,948$1,544$1,214$948$422
22 years$2,302$1,819$1,423$1,104$850$361
23 years$2,179$1,701$1,314$1,005$763$309
24 years$2,066$1,594$1,215$917$686$264
25 years$1,962$1,496$1,125$837$617$226
26 years$1,866$1,406$1,044$765$556$194
27 years$1,778$1,323$969$701$501$166
28 years$1,696$1,246$901$642$452$143
29 years$1,620$1,176$838$589$408$122
30 years$1,549$1,111$781$540$369$105
31 years$1,483$1,050$728$496$334$90
32 years$1,421$993$679$456$302$77
33 years$1,363$941$634$419$273$66
34 years$1,308$892$593$386$247$57
35 years$1,257$846$554$355$224$49
36 years$1,209$803$518$327$203$42
37 years$1,163$762$485$301$184$36
38 years$1,120$724$454$278$167$31
39 years$1,079$689$426$256$151$27
40 years$1,040$655$399$236$137$23
41 years$1,004$624$374$218$124$20
42 years$969$594$351$201$113$17
43 years$936$566$329$186$102$15
44 years$904$540$309$171$93$13
45 years$874$515$290$158$84$11
46 years$845$491$273$146$77$9
47 years$818$468$256$135$70$8
48 years$792$447$241$125$63$7
49 years$767$427$226$115$57$6
50 years$743$408$213$107$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $761,000, adding $6,468 every year, while hoping to spend $33,815 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: 46/46/8 Blend
39$761,000$761,000$761,000$761,000
40$845,294$804,961$793,165$882,020
41$895,535$808,425$783,757$911,458
42$949,767$810,926$772,901$939,341
43$1,008,362$812,380$760,512$968,805
44$1,071,728$812,699$746,502$1,000,009
45$1,140,313$811,790$730,779$1,033,128
46$1,214,611$809,554$713,246$1,068,355
47$1,295,164$805,885$693,802$1,105,906
48$1,382,568$800,671$672,342$1,146,021
49$1,477,479$793,793$648,755$1,188,966
50$1,580,619$785,125$622,925$1,235,036
51$1,692,781$774,535$594,731$1,284,560
52$1,814,838$761,880$564,048$1,337,902
53$1,947,750$747,012$530,743$1,395,464
54$2,092,575$729,770$494,677$1,457,696
55$2,250,477$709,987$455,707$1,525,093
56$2,422,734$687,486$413,683$1,598,208
57$2,610,757$662,077$368,445$1,677,650
58$2,816,098$633,561$319,831$1,764,096
59$3,040,462$601,728$267,668$1,858,296
60$3,285,731$566,355$211,777$1,961,081
61$3,553,975$527,206$151,971$2,073,370
62$3,847,472$484,030$88,053$2,196,183
63$4,168,732$436,566$19,821$2,330,648
64$4,520,518$384,533$0$2,478,014
65$4,905,874$327,638$0$2,644,186
66$5,328,150$265,569$0$2,828,270
67$5,791,038$197,998$0$3,030,286
68$6,298,601$124,578$0$3,252,125
69$6,855,318$44,942$0$3,495,880
70$7,466,119$0$0$3,763,865
71$8,136,436$0$0$4,079,540
72$8,872,251$0$0$4,451,122
73$9,680,156$0$0$4,859,204
74$10,567,409$0$0$5,307,463
75$11,542,008$0$0$5,799,951
76$12,612,763$0$0$6,341,134
77$13,789,380$0$0$6,935,930
78$15,082,550$0$0$7,589,757
79$16,504,052$0$0$8,308,585
80$18,066,866$0$0$9,098,990
81$19,785,287$0$0$9,968,219
82$21,675,068$0$0$10,924,255
83$23,753,566$0$0$11,975,894
84$26,039,901$0$0$13,132,827
85$28,555,141$0$0$14,405,732
86$31,322,499$0$0$15,806,374
87$34,367,553$0$0$17,347,716
88$37,718,481$0$0$19,044,041
89$41,406,336$0$0$20,911,088
90$45,465,330$0$0$22,966,197
91$49,933,161$0$0$25,228,475
92$54,851,367$0$0$27,718,978
93$60,265,719$0$0$30,460,903
94$66,226,649$0$0$33,479,815
95$72,789,730$0$0$36,803,880
96$80,016,195$0$0$40,464,137
97$87,973,520$0$0$44,494,788
98$96,736,057$0$0$48,933,519
99$106,385,732$0$0$53,821,859
100$117,012,827$0$0$59,205,569