Can I retire at age 40 with 767,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.5%
1 years$63,338$62,774$62,224$61,686$61,162$60,523
2 years$31,356$30,772$30,206$29,657$29,125$28,481
3 years$20,696$20,110$19,545$19,001$18,478$17,850
4 years$15,367$14,783$14,224$13,689$13,179$12,571
5 years$12,171$11,590$11,038$10,515$10,018$9,433
6 years$10,041$9,464$8,921$8,409$7,927$7,364
7 years$8,520$7,948$7,413$6,913$6,447$5,907
8 years$7,380$6,813$6,287$5,799$5,348$4,832
9 years$6,493$5,932$5,415$4,940$4,504$4,010
10 years$5,784$5,229$4,721$4,258$3,838$3,366
11 years$5,205$4,655$4,156$3,706$3,300$2,851
12 years$4,722$4,178$3,688$3,251$2,860$2,433
13 years$4,314$3,775$3,295$2,870$2,494$2,088
14 years$3,965$3,432$2,961$2,547$2,186$1,801
15 years$3,663$3,135$2,673$2,272$1,925$1,559
16 years$3,398$2,876$2,424$2,034$1,701$1,355
17 years$3,165$2,649$2,206$1,828$1,508$1,181
18 years$2,958$2,448$2,013$1,647$1,341$1,032
19 years$2,773$2,269$1,843$1,488$1,196$903
20 years$2,607$2,108$1,692$1,348$1,068$793
21 years$2,457$1,964$1,556$1,223$956$696
22 years$2,320$1,833$1,434$1,112$857$613
23 years$2,196$1,714$1,324$1,013$769$540
24 years$2,082$1,606$1,224$924$691$476
25 years$1,977$1,507$1,134$844$622$420
26 years$1,881$1,417$1,052$772$560$371
27 years$1,792$1,333$977$706$505$328
28 years$1,709$1,256$908$647$456$290
29 years$1,633$1,185$845$593$412$257
30 years$1,561$1,119$787$545$372$228
31 years$1,495$1,058$734$500$336$202
32 years$1,432$1,001$685$460$304$179
33 years$1,374$948$639$423$275$158
34 years$1,319$899$597$389$249$140
35 years$1,267$852$558$358$226$125
36 years$1,218$809$522$330$204$111
37 years$1,172$768$489$304$185$98
38 years$1,129$730$458$280$168$87
39 years$1,088$694$429$258$152$77
40 years$1,049$661$402$238$138$69
41 years$1,012$629$377$220$125$61
42 years$977$599$354$203$114$54
43 years$943$571$332$187$103$48
44 years$911$544$311$173$94$43
45 years$881$519$292$160$85$38
46 years$852$495$275$147$77$34
47 years$825$472$258$136$70$30
48 years$798$451$243$126$64$27
49 years$773$430$228$116$58$24
50 years$749$411$214$108$53$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $767,000, adding $2,729 every year, while hoping to spend $21,652 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: 59/22/19 Blend
39$767,000$767,000$767,000$767,000
40$848,049$807,398$795,509$893,708
41$911,512$823,923$799,121$941,493
42$980,723$840,532$802,129$990,972
43$1,056,245$857,206$804,488$1,044,444
44$1,138,699$873,925$806,155$1,102,299
45$1,228,765$890,667$807,081$1,164,966
46$1,327,198$907,408$807,216$1,232,918
47$1,434,823$924,122$806,508$1,306,677
48$1,552,551$940,780$804,903$1,386,819
49$1,681,386$957,354$802,342$1,473,977
50$1,822,433$973,809$798,766$1,568,849
51$1,976,906$990,111$794,110$1,672,207
52$2,146,147$1,006,223$788,309$1,784,900
53$2,331,629$1,022,103$781,292$1,907,862
54$2,534,978$1,037,708$772,988$2,042,128
55$2,757,982$1,052,992$763,319$2,188,833
56$3,002,612$1,067,905$752,207$2,349,233
57$3,271,039$1,082,393$739,566$2,524,710
58$3,565,654$1,096,399$725,311$2,716,787
59$3,889,090$1,109,862$709,348$2,927,146
60$4,244,248$1,122,716$691,582$3,157,639
61$4,634,324$1,134,892$671,912$3,410,307
62$5,062,838$1,146,315$650,235$3,687,403
63$5,533,669$1,156,906$626,439$3,991,407
64$6,051,089$1,166,580$600,411$4,325,056
65$6,619,805$1,175,248$572,030$4,691,365
66$7,245,003$1,182,812$541,170$5,093,660
67$7,932,394$1,189,171$507,701$5,535,606
68$8,688,275$1,194,217$471,485$6,021,243
69$9,519,579$1,197,833$432,379$6,555,025
70$10,433,946$1,199,897$390,234$7,141,862
71$11,439,795$1,200,279$344,894$7,787,168
72$12,546,400$1,198,839$296,194$8,496,908
73$13,763,982$1,195,431$243,965$9,277,659
74$15,103,798$1,189,897$188,028$10,136,672
75$16,578,257$1,182,074$128,199$11,081,937
76$18,201,027$1,171,783$64,281$12,122,265
77$19,987,172$1,158,840$0$13,267,366
78$21,953,286$1,143,047$0$14,528,741
79$24,117,659$1,124,193$0$15,931,349
80$26,500,439$1,102,057$0$17,475,195
81$29,123,830$1,076,404$0$19,174,662
82$32,012,298$1,046,985$0$21,045,598
83$35,192,801$1,013,537$0$23,105,471
84$38,695,046$975,779$0$25,373,529
85$42,551,767$933,418$0$27,870,988
86$46,799,032$886,141$0$30,621,226
87$51,476,589$833,617$0$33,650,009
88$56,628,234$775,497$0$36,985,733
89$62,302,229$711,412$0$40,659,691
90$68,551,756$640,971$0$44,706,369
91$75,435,418$563,762$0$49,163,775
92$83,017,792$479,348$0$54,073,795
93$91,370,040$387,268$0$59,482,589
94$100,570,576$287,036$0$65,441,028
95$110,705,811$178,138$0$72,005,177
96$121,870,967$60,030$0$79,236,821
97$134,170,974$0$0$87,204,049
98$147,721,460$0$0$95,998,330
99$162,649,845$0$0$105,702,980
100$179,096,540$0$0$116,394,758