Can I retire at age 40 with 765,000?

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 $765,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$63,173$62,610$62,061$61,525$61,002$58,744
2 years$31,274$30,691$30,127$29,580$29,049$26,799
3 years$20,642$20,057$19,494$18,952$18,430$16,260
4 years$15,327$14,744$14,187$13,654$13,144$11,070
5 years$12,139$11,560$11,009$10,487$9,992$8,019
6 years$10,015$9,439$8,897$8,387$7,906$6,036
7 years$8,498$7,927$7,394$6,895$6,430$4,662
8 years$7,360$6,795$6,270$5,784$5,334$3,667
9 years$6,476$5,916$5,401$4,927$4,492$2,923
10 years$5,769$5,215$4,708$4,247$3,828$2,354
11 years$5,191$4,642$4,145$3,696$3,292$1,911
12 years$4,710$4,167$3,679$3,242$2,853$1,560
13 years$4,303$3,766$3,287$2,862$2,488$1,280
14 years$3,955$3,423$2,953$2,541$2,181$1,055
15 years$3,653$3,127$2,666$2,266$1,920$872
16 years$3,389$2,869$2,417$2,029$1,697$722
17 years$3,157$2,642$2,200$1,823$1,505$600
18 years$2,950$2,441$2,008$1,643$1,338$499
19 years$2,766$2,263$1,838$1,484$1,192$416
20 years$2,600$2,103$1,687$1,344$1,065$347
21 years$2,450$1,958$1,552$1,220$953$289
22 years$2,314$1,828$1,430$1,109$854$242
23 years$2,190$1,710$1,321$1,010$767$202
24 years$2,077$1,602$1,221$922$689$169
25 years$1,972$1,503$1,131$842$620$142
26 years$1,876$1,413$1,049$770$559$118
27 years$1,787$1,330$974$704$504$99
28 years$1,705$1,253$906$645$455$83
29 years$1,628$1,182$843$592$410$70
30 years$1,557$1,116$785$543$371$58
31 years$1,491$1,055$732$499$335$49
32 years$1,428$999$683$458$303$41
33 years$1,370$946$638$422$274$34
34 years$1,315$896$596$388$249$29
35 years$1,264$850$557$357$225$24
36 years$1,215$807$521$329$204$20
37 years$1,169$766$488$303$185$17
38 years$1,126$728$457$279$168$14
39 years$1,085$693$428$257$152$12
40 years$1,046$659$401$237$138$10
41 years$1,009$627$376$219$125$8
42 years$974$597$353$202$113$7
43 years$941$569$331$187$103$6
44 years$909$542$311$172$93$5
45 years$879$517$292$159$85$4
46 years$850$493$274$147$77$3
47 years$822$471$257$136$70$3
48 years$796$450$242$126$64$2
49 years$771$429$227$116$58$2
50 years$747$410$214$107$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $765,000, adding $6,235 every year, while hoping to spend $24,828 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: 42/50/8 Blend
39$765,000$765,000$765,000$765,000
40$849,461$808,916$797,059$882,892
41$909,690$822,137$797,344$920,025
42$975,229$835,172$796,806$957,211
43$1,046,595$847,988$795,391$996,907
44$1,124,355$860,547$793,044$1,039,353
45$1,209,134$872,808$789,705$1,084,810
46$1,301,617$884,728$785,313$1,133,570
47$1,402,563$896,260$779,801$1,185,952
48$1,512,802$907,355$773,102$1,242,311
49$1,633,252$917,959$765,145$1,303,037
50$1,764,921$928,017$755,855$1,368,560
51$1,908,921$937,467$745,154$1,439,358
52$2,066,474$946,246$732,960$1,515,955
53$2,238,926$954,284$719,186$1,598,933
54$2,427,762$961,509$703,744$1,688,931
55$2,634,613$967,843$686,539$1,786,657
56$2,861,279$973,203$667,474$1,892,891
57$3,109,740$977,500$646,444$2,008,497
58$3,382,177$980,641$623,343$2,134,425
59$3,680,992$982,526$598,059$2,271,725
60$4,008,833$983,049$570,473$2,421,558
61$4,368,613$982,097$540,463$2,585,204
62$4,763,544$979,552$507,901$2,764,075
63$5,197,161$975,286$472,652$2,959,730
64$5,673,361$969,165$434,575$3,173,891
65$6,196,435$961,045$393,525$3,408,457
66$6,771,111$950,776$349,347$3,665,524
67$7,402,598$938,197$301,883$3,947,405
68$8,096,632$923,138$250,966$4,256,654
69$8,859,535$905,418$196,420$4,596,087
70$9,698,271$884,848$138,063$4,968,812
71$10,620,513$861,223$75,707$5,378,259
72$11,634,713$834,331$9,151$5,828,212
73$12,750,186$803,945$0$6,322,845
74$13,977,192$769,826$0$6,872,046
75$15,327,037$731,718$0$7,476,792
76$16,812,177$689,355$0$8,141,925
77$18,446,338$642,452$0$8,873,648
78$20,244,642$590,710$0$9,678,804
79$22,223,751$533,810$0$10,564,938
80$24,402,025$471,419$0$11,540,371
81$26,799,694$403,181$0$12,614,282
82$29,439,048$328,722$0$13,796,791
83$32,344,649$247,647$0$15,099,057
84$35,543,559$159,538$0$16,533,389
85$39,065,601$63,954$0$18,113,357
86$42,943,633$0$0$19,853,926
87$47,213,866$0$0$21,793,368
88$51,916,196$0$0$23,967,933
89$57,094,590$0$0$26,362,781
90$62,797,492$0$0$29,000,331
91$69,078,286$0$0$31,905,291
92$75,995,799$0$0$35,104,885
93$83,614,851$0$0$38,629,113
94$92,006,871$0$0$42,511,034
95$101,250,572$0$0$46,787,075
96$111,432,689$0$0$51,497,381
97$122,648,801$0$0$56,686,185
98$135,004,230$0$0$62,402,233
99$148,615,039$0$0$68,699,241
100$163,609,121$0$0$75,636,402