Can I retire at age 40 with 767,000?

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 $767,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$63,338$62,774$62,224$61,686$61,162$60,599
2 years$31,356$30,772$30,206$29,657$29,125$28,557
3 years$20,696$20,110$19,545$19,001$18,478$17,924
4 years$15,367$14,783$14,224$13,689$13,179$12,642
5 years$12,171$11,590$11,038$10,515$10,018$9,501
6 years$10,041$9,464$8,921$8,409$7,927$7,430
7 years$8,520$7,948$7,413$6,913$6,447$5,970
8 years$7,380$6,813$6,287$5,799$5,348$4,891
9 years$6,493$5,932$5,415$4,940$4,504$4,067
10 years$5,784$5,229$4,721$4,258$3,838$3,420
11 years$5,205$4,655$4,156$3,706$3,300$2,902
12 years$4,722$4,178$3,688$3,251$2,860$2,481
13 years$4,314$3,775$3,295$2,870$2,494$2,133
14 years$3,965$3,432$2,961$2,547$2,186$1,843
15 years$3,663$3,135$2,673$2,272$1,925$1,600
16 years$3,398$2,876$2,424$2,034$1,701$1,393
17 years$3,165$2,649$2,206$1,828$1,508$1,216
18 years$2,958$2,448$2,013$1,647$1,341$1,065
19 years$2,773$2,269$1,843$1,488$1,196$935
20 years$2,607$2,108$1,692$1,348$1,068$822
21 years$2,457$1,964$1,556$1,223$956$724
22 years$2,320$1,833$1,434$1,112$857$638
23 years$2,196$1,714$1,324$1,013$769$563
24 years$2,082$1,606$1,224$924$691$498
25 years$1,977$1,507$1,134$844$622$441
26 years$1,881$1,417$1,052$772$560$390
27 years$1,792$1,333$977$706$505$346
28 years$1,709$1,256$908$647$456$307
29 years$1,633$1,185$845$593$412$272
30 years$1,561$1,119$787$545$372$242
31 years$1,495$1,058$734$500$336$215
32 years$1,432$1,001$685$460$304$191
33 years$1,374$948$639$423$275$169
34 years$1,319$899$597$389$249$151
35 years$1,267$852$558$358$226$134
36 years$1,218$809$522$330$204$119
37 years$1,172$768$489$304$185$106
38 years$1,129$730$458$280$168$94
39 years$1,088$694$429$258$152$84
40 years$1,049$661$402$238$138$75
41 years$1,012$629$377$220$125$67
42 years$977$599$354$203$114$59
43 years$943$571$332$187$103$53
44 years$911$544$311$173$94$47
45 years$881$519$292$160$85$42
46 years$852$495$275$147$77$37
47 years$825$472$258$136$70$33
48 years$798$451$243$126$64$30
49 years$773$430$228$116$58$26
50 years$749$411$214$108$53$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $767,000, adding $2,137 every year, while hoping to spend $22,289 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: 69/14/17 Blend
39$767,000$767,000$767,000$767,000
40$847,438$806,787$794,899$902,337
41$910,162$822,605$797,813$955,015
42$978,536$838,450$800,077$1,009,792
43$1,053,114$854,301$801,647$1,069,167
44$1,134,503$870,134$802,474$1,133,591
45$1,223,375$885,923$802,509$1,203,560
46$1,320,466$901,640$801,700$1,279,622
47$1,426,588$917,254$799,991$1,362,380
48$1,542,634$932,734$797,326$1,452,500
49$1,669,589$948,045$793,642$1,550,712
50$1,808,537$963,148$788,878$1,657,825
51$1,960,669$978,004$782,967$1,774,728
52$2,127,300$992,568$775,839$1,902,402
53$2,309,876$1,006,796$767,422$2,041,927
54$2,509,992$1,020,637$757,638$2,194,495
55$2,729,401$1,034,039$746,409$2,361,417
56$2,970,037$1,046,944$733,651$2,544,141
57$3,234,028$1,059,291$719,276$2,744,261
58$3,523,719$1,071,017$703,192$2,963,534
59$3,841,693$1,082,051$685,304$3,203,898
60$4,190,795$1,092,321$665,510$3,467,487
61$4,574,158$1,101,747$643,707$3,756,655
62$4,995,236$1,110,246$619,785$4,073,994
63$5,457,831$1,117,729$593,629$4,422,364
64$5,966,132$1,124,100$565,118$4,804,915
65$6,524,756$1,129,259$534,127$5,225,121
66$7,138,786$1,133,099$500,526$5,686,808
67$7,813,826$1,135,504$464,177$6,194,196
68$8,556,047$1,136,354$424,938$6,751,935
69$9,372,248$1,135,520$382,658$7,365,151
70$10,269,922$1,132,865$337,181$8,039,491
71$11,257,322$1,128,243$288,345$8,781,184
72$12,343,542$1,121,501$235,978$9,597,091
73$13,538,603$1,112,474$179,903$10,494,776
74$14,853,546$1,100,990$119,934$11,482,576
75$16,300,533$1,086,865$55,878$12,569,679
76$17,892,969$1,069,902$0$13,766,214
77$19,645,621$1,049,897$0$15,085,607
78$21,574,762$1,026,630$0$16,548,858
79$23,698,323$999,869$0$18,159,423
80$26,036,059$969,370$0$19,932,286
81$28,609,739$934,872$0$21,883,963
82$31,443,353$896,101$0$24,032,652
83$34,563,331$852,765$0$26,398,410
84$37,998,798$804,558$0$29,003,336
85$41,781,848$751,155$0$31,871,786
86$45,947,845$692,210$0$35,030,599
87$50,535,758$627,361$0$38,509,352
88$55,588,527$556,223$0$42,340,641
89$61,153,469$478,390$0$46,560,383
90$67,282,725$393,433$0$51,208,163
91$74,033,750$300,899$0$56,327,601
92$81,469,858$200,308$0$61,966,769
93$89,660,815$91,155$0$68,178,643
94$98,683,503$0$0$75,021,600
95$108,622,640$0$0$82,564,152
96$119,571,581$0$0$90,888,552
97$131,633,202$0$0$100,058,982
98$144,920,865$0$0$110,161,638
99$159,559,494$0$0$121,291,510
100$175,686,749$0$0$133,553,271