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%11%
1 years$63,173$62,610$62,061$61,525$61,002$60,745
2 years$31,274$30,691$30,127$29,580$29,049$28,789
3 years$20,642$20,057$19,494$18,952$18,430$18,176
4 years$15,327$14,744$14,187$13,654$13,144$12,898
5 years$12,139$11,560$11,009$10,487$9,992$9,754
6 years$10,015$9,439$8,897$8,387$7,906$7,677
7 years$8,498$7,927$7,394$6,895$6,430$6,209
8 years$7,360$6,795$6,270$5,784$5,334$5,122
9 years$6,476$5,916$5,401$4,927$4,492$4,289
10 years$5,769$5,215$4,708$4,247$3,828$3,633
11 years$5,191$4,642$4,145$3,696$3,292$3,105
12 years$4,710$4,167$3,679$3,242$2,853$2,674
13 years$4,303$3,766$3,287$2,862$2,488$2,317
14 years$3,955$3,423$2,953$2,541$2,181$2,018
15 years$3,653$3,127$2,666$2,266$1,920$1,766
16 years$3,389$2,869$2,417$2,029$1,697$1,550
17 years$3,157$2,642$2,200$1,823$1,505$1,365
18 years$2,950$2,441$2,008$1,643$1,338$1,205
19 years$2,766$2,263$1,838$1,484$1,192$1,067
20 years$2,600$2,103$1,687$1,344$1,065$946
21 years$2,450$1,958$1,552$1,220$953$841
22 years$2,314$1,828$1,430$1,109$854$748
23 years$2,190$1,710$1,321$1,010$767$666
24 years$2,077$1,602$1,221$922$689$595
25 years$1,972$1,503$1,131$842$620$531
26 years$1,876$1,413$1,049$770$559$475
27 years$1,787$1,330$974$704$504$425
28 years$1,705$1,253$906$645$455$380
29 years$1,628$1,182$843$592$410$341
30 years$1,557$1,116$785$543$371$305
31 years$1,491$1,055$732$499$335$274
32 years$1,428$999$683$458$303$246
33 years$1,370$946$638$422$274$220
34 years$1,315$896$596$388$249$198
35 years$1,264$850$557$357$225$178
36 years$1,215$807$521$329$204$160
37 years$1,169$766$488$303$185$144
38 years$1,126$728$457$279$168$129
39 years$1,085$693$428$257$152$116
40 years$1,046$659$401$237$138$104
41 years$1,009$627$376$219$125$94
42 years$974$597$353$202$113$84
43 years$941$569$331$187$103$76
44 years$909$542$311$172$93$68
45 years$879$517$292$159$85$62
46 years$850$493$274$147$77$55
47 years$822$471$257$136$70$50
48 years$796$450$242$126$64$45
49 years$771$429$227$116$58$40
50 years$747$410$214$107$52$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $765,000, adding $5,011 every year, while hoping to spend $55,990 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: 66/21/13 Blend
39$765,000$765,000$765,000$765,000
40$848,199$807,654$795,796$901,326
41$875,142$787,656$762,883$917,401
42$902,957$764,802$726,990$927,928
43$931,674$738,892$687,959$938,021
44$961,323$709,716$645,624$947,634
45$991,936$677,050$599,811$956,718
46$1,023,548$640,660$550,339$965,221
47$1,056,193$600,296$497,018$973,088
48$1,089,907$555,693$439,651$980,261
49$1,124,729$506,573$378,030$986,679
50$1,160,697$452,641$311,940$992,277
51$1,197,854$393,586$241,156$996,985
52$1,236,242$329,078$165,441$1,000,732
53$1,275,905$258,770$84,550$1,003,440
54$1,316,892$182,294$0$1,005,029
55$1,359,251$99,262$0$1,005,659
56$1,403,033$9,265$0$1,017,525
57$1,448,294$0$0$1,028,833
58$1,495,088$0$0$1,059,886
59$1,543,477$0$0$1,094,213
60$1,593,521$0$0$1,129,717
61$1,645,288$0$0$1,166,445
62$1,698,845$0$0$1,204,447
63$1,754,265$0$0$1,243,774
64$1,811,626$0$0$1,284,481
65$1,871,008$0$0$1,326,627
66$1,932,497$0$0$1,370,272
67$1,996,183$0$0$1,415,481
68$2,062,162$0$0$1,462,323
69$2,130,536$0$0$1,510,870
70$2,201,412$0$0$1,561,200
71$2,274,904$0$0$1,613,394
72$2,351,134$0$0$1,667,541
73$2,430,232$0$0$1,723,732
74$2,512,335$0$0$1,782,066
75$2,597,590$0$0$1,842,650
76$2,686,155$0$0$1,905,597
77$2,778,198$0$0$1,971,026
78$2,873,897$0$0$2,039,067
79$2,973,446$0$0$2,109,859
80$3,077,051$0$0$2,183,550
81$3,184,933$0$0$2,260,300
82$3,297,331$0$0$2,340,280
83$3,414,501$0$0$2,423,675
84$3,536,719$0$0$2,510,684
85$3,664,283$0$0$2,601,522
86$3,797,512$0$0$2,696,420
87$3,936,755$0$0$2,795,627
88$4,082,384$0$0$2,899,416
89$4,234,807$0$0$3,008,078
90$4,394,461$0$0$3,121,930
91$4,561,823$0$0$3,241,317
92$4,737,408$0$0$3,366,611
93$4,921,777$0$0$3,498,217
94$5,115,537$0$0$3,636,576
95$5,319,351$0$0$3,782,166
96$5,533,938$0$0$3,935,508
97$5,760,081$0$0$4,097,169
98$5,998,633$0$0$4,267,767
99$6,250,525$0$0$4,447,976
100$6,516,771$0$0$4,638,530