Can I retire at age 40 with 769,000?

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 $769,000?

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$63,503$62,938$62,386$61,847$61,321$60,108
2 years$31,437$30,852$30,284$29,734$29,201$27,983
3 years$20,750$20,162$19,596$19,051$18,526$17,343
4 years$15,407$14,821$14,261$13,725$13,213$12,073
5 years$12,203$11,620$11,067$10,542$10,044$8,950
6 years$10,067$9,489$8,944$8,431$7,948$6,901
7 years$8,542$7,969$7,432$6,931$6,464$5,465
8 years$7,399$6,830$6,303$5,815$5,362$4,411
9 years$6,510$5,947$5,429$4,953$4,516$3,612
10 years$5,800$5,242$4,733$4,269$3,848$2,989
11 years$5,219$4,667$4,167$3,716$3,309$2,496
12 years$4,735$4,189$3,698$3,259$2,868$2,098
13 years$4,326$3,785$3,304$2,877$2,501$1,774
14 years$3,975$3,441$2,969$2,554$2,192$1,506
15 years$3,672$3,143$2,680$2,278$1,930$1,284
16 years$3,407$2,884$2,430$2,040$1,706$1,098
17 years$3,173$2,656$2,211$1,832$1,512$942
18 years$2,966$2,454$2,019$1,651$1,345$809
19 years$2,780$2,274$1,848$1,492$1,199$697
20 years$2,614$2,114$1,696$1,351$1,071$601
21 years$2,463$1,969$1,560$1,227$958$519
22 years$2,326$1,838$1,438$1,115$859$449
23 years$2,202$1,719$1,327$1,016$771$388
24 years$2,087$1,610$1,228$926$693$336
25 years$1,983$1,511$1,137$846$624$292
26 years$1,886$1,420$1,055$774$562$253
27 years$1,797$1,337$979$708$506$219
28 years$1,714$1,260$910$649$457$191
29 years$1,637$1,188$847$595$413$166
30 years$1,565$1,122$789$546$373$144
31 years$1,498$1,061$736$501$337$125
32 years$1,436$1,004$686$461$305$109
33 years$1,377$951$641$424$276$95
34 years$1,322$901$599$390$250$82
35 years$1,270$855$560$359$226$72
36 years$1,221$811$524$331$205$62
37 years$1,175$770$490$305$186$54
38 years$1,132$732$459$281$168$47
39 years$1,090$696$430$259$153$41
40 years$1,051$662$403$239$139$36
41 years$1,014$630$378$220$126$31
42 years$979$600$355$203$114$27
43 years$946$572$333$188$104$24
44 years$914$545$312$173$94$21
45 years$883$520$293$160$85$18
46 years$854$496$275$148$77$16
47 years$827$473$259$137$70$14
48 years$800$452$243$126$64$12
49 years$775$432$229$117$58$10
50 years$751$412$215$108$53$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $769,000, adding $5,651 every year, while hoping to spend $53,001 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: 42/30/28 Blend
39$769,000$769,000$769,000$769,000
40$853,267$812,510$800,591$881,908
41$883,908$795,930$771,018$886,478
42$915,897$776,762$738,678$886,012
43$949,317$754,822$703,422$884,496
44$984,256$729,917$665,095$881,865
45$1,020,809$701,842$623,535$878,052
46$1,059,080$670,380$578,572$872,987
47$1,099,180$635,302$530,027$866,599
48$1,141,230$596,366$477,717$858,814
49$1,185,363$553,315$421,448$849,557
50$1,231,720$505,878$361,017$838,749
51$1,280,458$453,768$296,213$826,312
52$1,331,744$396,682$226,816$812,164
53$1,385,763$334,301$152,595$796,224
54$1,442,715$266,286$73,311$778,409
55$1,502,817$192,279$0$758,633
56$1,566,308$111,904$0$740,190
57$1,633,445$24,762$0$743,211
58$1,704,514$0$0$745,770
59$1,779,821$0$0$770,834
60$1,859,706$0$0$806,140
61$1,944,537$0$0$843,683
62$2,034,717$0$0$883,648
63$2,130,689$0$0$926,237
64$2,232,935$0$0$971,673
65$2,341,985$0$0$1,020,199
66$2,458,419$0$0$1,072,080
67$2,582,872$0$0$1,127,610
68$2,716,041$0$0$1,187,109
69$2,858,689$0$0$1,250,928
70$3,011,654$0$0$1,319,452
71$3,175,855$0$0$1,393,105
72$3,352,300$0$0$1,472,352
73$3,542,097$0$0$1,557,701
74$3,746,460$0$0$1,649,715
75$3,966,725$0$0$1,749,007
76$4,204,358$0$0$1,856,254
77$4,460,970$0$0$1,972,199
78$4,738,332$0$0$2,097,659
79$5,038,387$0$0$2,233,531
80$5,363,277$0$0$2,380,801
81$5,715,350$0$0$2,540,557
82$6,097,193$0$0$2,713,990
83$6,511,649$0$0$2,902,413
84$6,961,844$0$0$3,107,271
85$7,451,218$0$0$3,330,152
86$7,983,556$0$0$3,572,805
87$8,563,019$0$0$3,837,151
88$9,194,190$0$0$4,125,308
89$9,882,109$0$0$4,439,606
90$10,632,325$0$0$4,782,607
91$11,450,943$0$0$5,157,135
92$12,344,685$0$0$5,566,296
93$13,320,949$0$0$6,013,509
94$14,387,882$0$0$6,502,542
95$15,554,450$0$0$7,037,538
96$16,830,526$0$0$7,623,064
97$18,226,982$0$0$8,264,147
98$19,755,788$0$0$8,966,320
99$21,430,127$0$0$9,735,682
100$23,264,514$0$0$10,578,944