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%14.8%
1 years$63,173$62,610$62,061$61,525$61,002$59,795
2 years$31,274$30,691$30,127$29,580$29,049$27,838
3 years$20,642$20,057$19,494$18,952$18,430$17,252
4 years$15,327$14,744$14,187$13,654$13,144$12,010
5 years$12,139$11,560$11,009$10,487$9,992$8,904
6 years$10,015$9,439$8,897$8,387$7,906$6,865
7 years$8,498$7,927$7,394$6,895$6,430$5,437
8 years$7,360$6,795$6,270$5,784$5,334$4,388
9 years$6,476$5,916$5,401$4,927$4,492$3,593
10 years$5,769$5,215$4,708$4,247$3,828$2,974
11 years$5,191$4,642$4,145$3,696$3,292$2,483
12 years$4,710$4,167$3,679$3,242$2,853$2,087
13 years$4,303$3,766$3,287$2,862$2,488$1,765
14 years$3,955$3,423$2,953$2,541$2,181$1,499
15 years$3,653$3,127$2,666$2,266$1,920$1,277
16 years$3,389$2,869$2,417$2,029$1,697$1,092
17 years$3,157$2,642$2,200$1,823$1,505$937
18 years$2,950$2,441$2,008$1,643$1,338$805
19 years$2,766$2,263$1,838$1,484$1,192$693
20 years$2,600$2,103$1,687$1,344$1,065$598
21 years$2,450$1,958$1,552$1,220$953$516
22 years$2,314$1,828$1,430$1,109$854$446
23 years$2,190$1,710$1,321$1,010$767$386
24 years$2,077$1,602$1,221$922$689$335
25 years$1,972$1,503$1,131$842$620$290
26 years$1,876$1,413$1,049$770$559$252
27 years$1,787$1,330$974$704$504$218
28 years$1,705$1,253$906$645$455$190
29 years$1,628$1,182$843$592$410$165
30 years$1,557$1,116$785$543$371$143
31 years$1,491$1,055$732$499$335$124
32 years$1,428$999$683$458$303$108
33 years$1,370$946$638$422$274$94
34 years$1,315$896$596$388$249$82
35 years$1,264$850$557$357$225$71
36 years$1,215$807$521$329$204$62
37 years$1,169$766$488$303$185$54
38 years$1,126$728$457$279$168$47
39 years$1,085$693$428$257$152$41
40 years$1,046$659$401$237$138$36
41 years$1,009$627$376$219$125$31
42 years$974$597$353$202$113$27
43 years$941$569$331$187$103$23
44 years$909$542$311$172$93$20
45 years$879$517$292$159$85$18
46 years$850$493$274$147$77$16
47 years$822$471$257$136$70$13
48 years$796$450$242$126$64$12
49 years$771$429$227$116$58$10
50 years$747$410$214$107$52$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $765,000, adding $4,968 every year, while hoping to spend $30,057 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: 59/12/29 Blend
39$765,000$765,000$765,000$765,000
40$848,154$807,609$795,752$891,225
41$902,686$815,202$790,429$928,853
42$961,772$822,159$783,921$966,271
43$1,025,846$828,418$776,155$1,006,469
44$1,095,383$833,912$767,058$1,049,727
45$1,170,908$838,569$756,550$1,096,353
46$1,252,996$842,314$744,549$1,146,686
47$1,342,280$845,066$730,971$1,201,103
48$1,439,458$846,740$715,724$1,260,019
49$1,545,297$847,244$698,714$1,323,893
50$1,660,640$846,482$679,844$1,393,233
51$1,786,416$844,350$659,009$1,468,598
52$1,923,648$840,741$636,104$1,550,608
53$2,073,460$835,537$611,013$1,639,946
54$2,237,092$828,617$583,621$1,737,365
55$2,415,906$819,851$553,803$1,843,701
56$2,611,405$809,099$521,432$1,959,872
57$2,825,240$796,217$486,372$2,086,895
58$3,059,232$781,049$448,482$2,225,892
59$3,315,384$763,431$407,617$2,378,101
60$3,595,903$743,189$363,622$2,544,888
61$3,903,219$720,139$316,338$2,727,763
62$4,240,008$694,087$265,596$2,928,391
63$4,609,217$664,826$211,222$3,148,610
64$5,014,093$632,138$153,033$3,390,448
65$5,458,211$595,792$90,840$3,656,145
66$5,945,507$555,545$24,442$3,948,169
67$6,480,321$511,139$0$4,269,248
68$7,067,429$462,300$0$4,636,750
69$7,712,095$408,741$0$5,048,635
70$8,420,116$350,157$0$5,501,064
71$9,197,879$286,225$0$5,998,148
72$10,052,419$216,607$0$6,544,418
73$10,991,488$140,943$0$7,144,867
74$12,023,624$58,854$0$7,804,999
75$13,158,235$0$0$8,530,880
76$14,405,684$0$0$9,333,163
77$15,777,391$0$0$10,223,976
78$17,285,935$0$0$11,203,724
79$18,945,176$0$0$12,281,420
80$20,770,387$0$0$13,466,990
81$22,778,392$0$0$14,771,374
82$24,987,731$0$0$16,206,623
83$27,418,829$0$0$17,786,018
84$30,094,194$0$0$19,524,190
85$33,038,623$0$0$21,437,262
86$36,279,441$0$0$23,542,998
87$39,846,755$0$0$25,860,971
88$43,773,739$0$0$28,412,750
89$48,096,948$0$0$31,222,100
90$52,856,661$0$0$34,315,208
91$58,097,260$0$0$37,720,930
92$63,867,650$0$0$41,471,061
93$70,221,721$0$0$45,600,637
94$77,218,853$0$0$50,148,265
95$84,924,480$0$0$55,156,486
96$93,410,705$0$0$60,672,178
97$102,756,978$0$0$66,746,998
98$113,050,850$0$0$73,437,866
99$124,388,795$0$0$80,807,507
100$136,877,124$0$0$88,925,040