Can I retire at age 40 with 764,000?

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 $764,000?

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$63,090$62,528$61,980$61,445$60,922$60,462
2 years$31,233$30,651$30,087$29,541$29,011$28,547
3 years$20,615$20,031$19,469$18,927$18,406$17,952
4 years$15,307$14,725$14,168$13,636$13,127$12,688
5 years$12,123$11,544$10,995$10,474$9,979$9,555
6 years$10,001$9,427$8,886$8,376$7,896$7,488
7 years$8,486$7,917$7,384$6,886$6,422$6,030
8 years$7,351$6,786$6,262$5,777$5,327$4,952
9 years$6,468$5,908$5,394$4,920$4,486$4,127
10 years$5,762$5,208$4,702$4,242$3,823$3,479
11 years$5,185$4,636$4,140$3,691$3,288$2,959
12 years$4,704$4,161$3,674$3,238$2,849$2,536
13 years$4,298$3,761$3,282$2,859$2,484$2,186
14 years$3,950$3,418$2,949$2,537$2,178$1,894
15 years$3,648$3,123$2,663$2,263$1,917$1,648
16 years$3,385$2,865$2,414$2,026$1,695$1,439
17 years$3,153$2,639$2,197$1,821$1,503$1,260
18 years$2,946$2,438$2,005$1,641$1,336$1,107
19 years$2,762$2,260$1,836$1,483$1,191$974
20 years$2,597$2,100$1,685$1,343$1,064$859
21 years$2,447$1,956$1,550$1,219$952$759
22 years$2,311$1,826$1,428$1,108$853$671
23 years$2,187$1,708$1,319$1,009$766$594
24 years$2,074$1,600$1,220$920$688$527
25 years$1,970$1,501$1,130$840$619$468
26 years$1,874$1,411$1,048$769$558$415
27 years$1,785$1,328$973$703$503$369
28 years$1,703$1,251$904$644$454$329
29 years$1,626$1,181$842$591$410$292
30 years$1,555$1,115$784$542$370$260
31 years$1,489$1,054$731$498$335$232
32 years$1,427$997$682$458$303$207
33 years$1,368$944$637$421$274$184
34 years$1,313$895$595$387$248$165
35 years$1,262$849$556$357$225$147
36 years$1,213$806$520$328$204$131
37 years$1,168$765$487$303$185$117
38 years$1,124$727$456$279$167$104
39 years$1,083$692$427$257$152$93
40 years$1,045$658$400$237$138$83
41 years$1,008$626$376$219$125$74
42 years$973$597$352$202$113$67
43 years$939$568$331$186$103$59
44 years$908$542$310$172$93$53
45 years$878$517$291$159$85$47
46 years$849$493$274$147$77$42
47 years$821$470$257$136$70$38
48 years$795$449$242$125$63$34
49 years$770$429$227$116$58$30
50 years$746$410$213$107$52$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $764,000, adding $4,502 every year, while hoping to spend $34,202 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: 77/15/8 Blend
39$764,000$764,000$764,000$764,000
40$846,572$806,080$794,238$910,443
41$896,531$809,187$784,454$956,150
42$950,441$811,300$773,196$1,001,398
43$1,008,666$812,335$760,379$1,050,012
44$1,071,611$812,200$745,913$1,102,314
45$1,139,718$810,801$729,704$1,158,657
46$1,213,475$808,035$711,654$1,219,430
47$1,293,416$803,795$691,661$1,285,061
48$1,380,130$797,967$669,617$1,356,024
49$1,474,265$790,429$645,411$1,432,840
50$1,576,532$781,053$618,925$1,516,083
51$1,687,716$769,701$590,036$1,606,386
52$1,808,677$756,231$558,616$1,704,447
53$1,940,364$740,487$524,531$1,811,036
54$2,083,819$722,310$487,642$1,927,001
55$2,240,191$701,526$447,800$2,053,277
56$2,410,744$677,954$404,855$2,190,895
57$2,596,868$651,402$358,646$2,340,992
58$2,800,094$621,666$309,006$2,504,820
59$3,022,107$588,530$255,760$2,683,763
60$3,264,761$551,768$198,728$2,879,342
61$3,530,100$511,138$137,719$3,093,239
62$3,820,372$466,386$72,534$3,327,304
63$4,138,054$417,242$2,967$3,583,579
64$4,485,870$363,422$0$3,864,316
65$4,866,825$304,626$0$4,178,080
66$5,284,224$240,535$0$4,522,189
67$5,741,709$170,815$0$4,899,428
68$6,243,290$95,112$0$5,313,142
69$6,793,384$13,050$0$5,767,022
70$7,396,855$0$0$6,265,133
71$8,059,063$0$0$6,824,462
72$8,785,910$0$0$7,440,780
73$9,583,897$0$0$8,117,450
74$10,460,185$0$0$8,860,548
75$11,422,666$0$0$9,676,768
76$12,480,029$0$0$10,573,484
77$13,641,849$0$0$11,558,821
78$14,918,673$0$0$12,641,727
79$16,322,122$0$0$13,832,063
80$17,864,999$0$0$15,140,691
81$19,561,406$0$0$16,579,578
82$21,426,883$0$0$18,161,910
83$23,478,550$0$0$19,902,213
84$25,735,271$0$0$21,816,492
85$28,217,827$0$0$23,922,381
86$30,949,117$0$0$26,239,310
87$33,954,371$0$0$28,788,687
88$37,261,386$0$0$31,594,099
89$40,900,793$0$0$34,681,535
90$44,906,339$0$0$38,079,632
91$49,315,211$0$0$41,819,943
92$54,168,384$0$0$45,937,236
93$59,511,006$0$0$50,469,820
94$65,392,825$0$0$55,459,907
95$71,868,658$0$0$60,954,012
96$78,998,907$0$0$67,003,387
97$86,850,130$0$0$73,664,508
98$95,495,669$0$0$80,999,607
99$105,016,337$0$0$89,077,258
100$115,501,187$0$0$97,973,023