Can I retire at age 40 with 765,000?

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 $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%16.6%
1 years$63,173$62,610$62,061$61,525$61,002$59,359
2 years$31,274$30,691$30,127$29,580$29,049$27,405
3 years$20,642$20,057$19,494$18,952$18,430$16,837
4 years$15,327$14,744$14,187$13,654$13,144$11,614
5 years$12,139$11,560$11,009$10,487$9,992$8,530
6 years$10,015$9,439$8,897$8,387$7,906$6,513
7 years$8,498$7,927$7,394$6,895$6,430$5,105
8 years$7,360$6,795$6,270$5,784$5,334$4,078
9 years$6,476$5,916$5,401$4,927$4,492$3,302
10 years$5,769$5,215$4,708$4,247$3,828$2,703
11 years$5,191$4,642$4,145$3,696$3,292$2,231
12 years$4,710$4,167$3,679$3,242$2,853$1,854
13 years$4,303$3,766$3,287$2,862$2,488$1,548
14 years$3,955$3,423$2,953$2,541$2,181$1,299
15 years$3,653$3,127$2,666$2,266$1,920$1,094
16 years$3,389$2,869$2,417$2,029$1,697$923
17 years$3,157$2,642$2,200$1,823$1,505$781
18 years$2,950$2,441$2,008$1,643$1,338$663
19 years$2,766$2,263$1,838$1,484$1,192$563
20 years$2,600$2,103$1,687$1,344$1,065$479
21 years$2,450$1,958$1,552$1,220$953$408
22 years$2,314$1,828$1,430$1,109$854$348
23 years$2,190$1,710$1,321$1,010$767$297
24 years$2,077$1,602$1,221$922$689$253
25 years$1,972$1,503$1,131$842$620$217
26 years$1,876$1,413$1,049$770$559$185
27 years$1,787$1,330$974$704$504$158
28 years$1,705$1,253$906$645$455$136
29 years$1,628$1,182$843$592$410$116
30 years$1,557$1,116$785$543$371$99
31 years$1,491$1,055$732$499$335$85
32 years$1,428$999$683$458$303$73
33 years$1,370$946$638$422$274$62
34 years$1,315$896$596$388$249$53
35 years$1,264$850$557$357$225$46
36 years$1,215$807$521$329$204$39
37 years$1,169$766$488$303$185$34
38 years$1,126$728$457$279$168$29
39 years$1,085$693$428$257$152$25
40 years$1,046$659$401$237$138$21
41 years$1,009$627$376$219$125$18
42 years$974$597$353$202$113$16
43 years$941$569$331$187$103$13
44 years$909$542$311$172$93$11
45 years$879$517$292$159$85$10
46 years$850$493$274$147$77$8
47 years$822$471$257$136$70$7
48 years$796$450$242$126$64$6
49 years$771$429$227$116$58$5
50 years$747$410$214$107$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $765,000, adding $5,512 every year, while hoping to spend $57,788 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: 63/18/19 Blend
39$765,000$765,000$765,000$765,000
40$848,716$808,171$796,313$897,744
41$873,799$786,285$761,504$909,527
42$899,503$761,390$723,591$915,381
43$925,832$733,278$682,411$920,425
44$952,786$701,727$637,790$924,582
45$980,363$666,505$589,549$927,773
46$1,008,560$627,364$537,500$929,912
47$1,037,372$584,043$481,444$930,907
48$1,066,789$536,267$421,179$930,661
49$1,096,801$483,743$356,487$929,068
50$1,127,392$426,164$287,147$926,015
51$1,158,543$363,203$212,923$921,381
52$1,190,230$294,515$133,571$915,039
53$1,222,425$219,738$48,837$906,848
54$1,255,093$138,486$0$896,662
55$1,288,195$50,355$0$892,753
56$1,321,684$0$0$897,632
57$1,355,505$0$0$910,196
58$1,389,594$0$0$932,890
59$1,423,878$0$0$955,689
60$1,458,275$0$0$978,534
61$1,492,689$0$0$1,001,359
62$1,527,012$0$0$1,024,087
63$1,561,120$0$0$1,046,631
64$1,594,876$0$0$1,068,895
65$1,628,123$0$0$1,090,768
66$1,660,684$0$0$1,112,128
67$1,692,360$0$0$1,132,833
68$1,722,929$0$0$1,152,730
69$1,752,142$0$0$1,171,643
70$1,779,719$0$0$1,189,378
71$1,805,348$0$0$1,205,715
72$1,828,680$0$0$1,220,412
73$1,849,326$0$0$1,233,197
74$1,866,853$0$0$1,243,768
75$1,880,778$0$0$1,251,788
76$1,890,564$0$0$1,256,882
77$1,895,613$0$0$1,258,634
78$1,895,262$0$0$1,256,582
79$1,888,774$0$0$1,250,212
80$1,875,330$0$0$1,238,954
81$1,854,022$0$0$1,222,176
82$1,823,844$0$0$1,199,177
83$1,783,681$0$0$1,169,181
84$1,732,296$0$0$1,131,328
85$1,668,320$0$0$1,084,665
86$1,590,237$0$0$1,028,138
87$1,496,370$0$0$960,579
88$1,384,862$0$0$880,697
89$1,253,660$0$0$787,065
90$1,100,493$0$0$678,103
91$922,851$0$0$552,066
92$717,957$0$0$407,025
93$482,745$0$0$240,847
94$213,825$0$0$51,176
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0