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%19.4%
1 years$63,173$62,610$62,061$61,525$61,002$58,698
2 years$31,274$30,691$30,127$29,580$29,049$26,754
3 years$20,642$20,057$19,494$18,952$18,430$16,216
4 years$15,327$14,744$14,187$13,654$13,144$11,030
5 years$12,139$11,560$11,009$10,487$9,992$7,981
6 years$10,015$9,439$8,897$8,387$7,906$6,001
7 years$8,498$7,927$7,394$6,895$6,430$4,630
8 years$7,360$6,795$6,270$5,784$5,334$3,637
9 years$6,476$5,916$5,401$4,927$4,492$2,896
10 years$5,769$5,215$4,708$4,247$3,828$2,329
11 years$5,191$4,642$4,145$3,696$3,292$1,888
12 years$4,710$4,167$3,679$3,242$2,853$1,540
13 years$4,303$3,766$3,287$2,862$2,488$1,262
14 years$3,955$3,423$2,953$2,541$2,181$1,038
15 years$3,653$3,127$2,666$2,266$1,920$857
16 years$3,389$2,869$2,417$2,029$1,697$709
17 years$3,157$2,642$2,200$1,823$1,505$588
18 years$2,950$2,441$2,008$1,643$1,338$488
19 years$2,766$2,263$1,838$1,484$1,192$406
20 years$2,600$2,103$1,687$1,344$1,065$338
21 years$2,450$1,958$1,552$1,220$953$282
22 years$2,314$1,828$1,430$1,109$854$235
23 years$2,190$1,710$1,321$1,010$767$196
24 years$2,077$1,602$1,221$922$689$164
25 years$1,972$1,503$1,131$842$620$137
26 years$1,876$1,413$1,049$770$559$114
27 years$1,787$1,330$974$704$504$96
28 years$1,705$1,253$906$645$455$80
29 years$1,628$1,182$843$592$410$67
30 years$1,557$1,116$785$543$371$56
31 years$1,491$1,055$732$499$335$47
32 years$1,428$999$683$458$303$39
33 years$1,370$946$638$422$274$33
34 years$1,315$896$596$388$249$27
35 years$1,264$850$557$357$225$23
36 years$1,215$807$521$329$204$19
37 years$1,169$766$488$303$185$16
38 years$1,126$728$457$279$168$14
39 years$1,085$693$428$257$152$11
40 years$1,046$659$401$237$138$9
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 $3,775 every year, while hoping to spend $43,264 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: 81/9/10 Blend
39$765,000$765,000$765,000$765,000
40$846,924$806,379$794,521$913,873
41$887,278$799,859$775,105$951,784
42$930,297$791,569$753,589$987,309
43$976,209$781,378$729,856$1,025,011
44$1,025,262$769,144$703,785$1,065,086
45$1,077,726$754,720$675,249$1,107,750
46$1,133,900$737,947$644,116$1,153,239
47$1,194,110$718,659$610,246$1,201,816
48$1,258,716$696,680$573,496$1,253,768
49$1,328,109$671,822$533,712$1,309,415
50$1,402,722$643,887$490,738$1,369,105
51$1,483,029$612,667$444,407$1,433,226
52$1,569,550$577,939$394,546$1,502,203
53$1,662,857$539,471$340,976$1,576,507
54$1,763,577$497,013$283,507$1,656,654
55$1,872,400$450,305$221,943$1,743,215
56$1,990,085$399,070$156,078$1,836,821
57$2,117,464$343,016$85,698$1,938,166
58$2,255,455$281,833$10,578$2,048,014
59$2,405,064$215,196$0$2,167,212
60$2,567,400$142,759$0$2,304,114
61$2,743,679$64,159$0$2,454,010
62$2,935,243$0$0$2,616,930
63$3,143,565$0$0$2,796,229
64$3,370,267$0$0$2,998,280
65$3,617,134$0$0$3,218,321
66$3,886,128$0$0$3,458,103
67$4,179,412$0$0$3,719,555
68$4,499,362$0$0$4,004,801
69$4,848,598$0$0$4,316,176
70$5,230,000$0$0$4,656,252
71$5,646,741$0$0$5,027,861
72$6,102,313$0$0$5,434,119
73$6,600,561$0$0$5,878,457
74$7,145,718$0$0$6,364,655
75$7,742,446$0$0$6,896,873
76$8,395,877$0$0$7,479,692
77$9,111,666$0$0$8,118,159
78$9,896,036$0$0$8,817,828
79$10,755,844$0$0$9,584,819
80$11,698,640$0$0$10,425,872
81$12,732,742$0$0$11,348,409
82$13,867,308$0$0$12,360,607
83$15,112,428$0$0$13,471,471
84$16,479,216$0$0$14,690,920
85$17,979,914$0$0$16,029,883
86$19,628,007$0$0$17,500,394
87$21,438,352$0$0$19,115,716
88$23,427,313$0$0$20,890,453
89$25,612,918$0$0$22,840,700
90$28,015,030$0$0$24,984,183
91$30,655,530$0$0$27,340,434
92$33,558,524$0$0$29,930,970
93$36,750,571$0$0$32,779,498
94$40,260,933$0$0$35,912,137
95$44,121,849$0$0$39,357,662
96$48,368,839$0$0$43,147,779
97$53,041,039$0$0$47,317,421
98$58,181,568$0$0$51,905,075
99$63,837,937$0$0$56,953,151
100$70,062,494$0$0$62,508,375