Can I retire at age 40 with 769,000?

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 $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%13.1%
1 years$63,503$62,938$62,386$61,847$61,321$60,530
2 years$31,437$30,852$30,284$29,734$29,201$28,404
3 years$20,750$20,162$19,596$19,051$18,526$17,750
4 years$15,407$14,821$14,261$13,725$13,213$12,463
5 years$12,203$11,620$11,067$10,542$10,044$9,322
6 years$10,067$9,489$8,944$8,431$7,948$7,255
7 years$8,542$7,969$7,432$6,931$6,464$5,800
8 years$7,399$6,830$6,303$5,815$5,362$4,727
9 years$6,510$5,947$5,429$4,953$4,516$3,910
10 years$5,800$5,242$4,733$4,269$3,848$3,270
11 years$5,219$4,667$4,167$3,716$3,309$2,760
12 years$4,735$4,189$3,698$3,259$2,868$2,345
13 years$4,326$3,785$3,304$2,877$2,501$2,005
14 years$3,975$3,441$2,969$2,554$2,192$1,722
15 years$3,672$3,143$2,680$2,278$1,930$1,486
16 years$3,407$2,884$2,430$2,040$1,706$1,286
17 years$3,173$2,656$2,211$1,832$1,512$1,116
18 years$2,966$2,454$2,019$1,651$1,345$971
19 years$2,780$2,274$1,848$1,492$1,199$846
20 years$2,614$2,114$1,696$1,351$1,071$739
21 years$2,463$1,969$1,560$1,227$958$646
22 years$2,326$1,838$1,438$1,115$859$566
23 years$2,202$1,719$1,327$1,016$771$497
24 years$2,087$1,610$1,228$926$693$436
25 years$1,983$1,511$1,137$846$624$383
26 years$1,886$1,420$1,055$774$562$337
27 years$1,797$1,337$979$708$506$296
28 years$1,714$1,260$910$649$457$261
29 years$1,637$1,188$847$595$413$230
30 years$1,565$1,122$789$546$373$202
31 years$1,498$1,061$736$501$337$178
32 years$1,436$1,004$686$461$305$157
33 years$1,377$951$641$424$276$139
34 years$1,322$901$599$390$250$123
35 years$1,270$855$560$359$226$108
36 years$1,221$811$524$331$205$95
37 years$1,175$770$490$305$186$84
38 years$1,132$732$459$281$168$74
39 years$1,090$696$430$259$153$66
40 years$1,051$662$403$239$139$58
41 years$1,014$630$378$220$126$51
42 years$979$600$355$203$114$45
43 years$946$572$333$188$104$40
44 years$914$545$312$173$94$35
45 years$883$520$293$160$85$31
46 years$854$496$275$148$77$28
47 years$827$473$259$137$70$24
48 years$800$452$243$126$64$22
49 years$775$432$229$117$58$19
50 years$751$412$215$108$53$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $769,000, adding $4,164 every year, while hoping to spend $22,731 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: 73/8/19 Blend
39$769,000$769,000$769,000$769,000
40$851,733$810,976$799,057$909,785
41$914,424$826,528$801,639$964,444
42$982,748$842,081$803,547$1,021,152
43$1,057,255$857,609$804,732$1,082,692
44$1,138,551$873,088$805,147$1,149,541
45$1,227,304$888,490$804,739$1,222,222
46$1,324,246$903,783$803,456$1,301,312
47$1,430,187$918,936$801,239$1,387,449
48$1,546,016$933,915$798,031$1,481,334
49$1,672,713$948,680$793,769$1,583,739
50$1,811,357$963,193$788,387$1,695,517
51$1,963,136$977,409$781,818$1,817,605
52$2,129,357$991,283$773,990$1,951,039
53$2,311,461$1,004,766$764,829$2,096,957
54$2,511,035$1,017,804$754,255$2,256,618
55$2,729,824$1,030,340$742,187$2,431,404
56$2,969,754$1,042,315$728,538$2,622,843
57$3,232,944$1,053,663$713,219$2,832,615
58$3,521,728$1,064,316$696,135$3,062,576
59$3,838,677$1,074,201$677,189$3,314,767
60$4,186,624$1,083,238$656,276$3,591,441
61$4,568,687$1,091,345$633,289$3,895,079
62$4,988,305$1,098,432$608,116$4,228,416
63$5,449,262$1,104,405$580,638$4,594,467
64$5,955,730$1,109,164$550,732$4,996,555
65$6,512,303$1,112,601$518,270$5,438,341
66$7,124,042$1,114,603$483,116$5,923,862
67$7,796,524$1,115,049$445,131$6,457,566
68$8,535,894$1,113,811$404,167$7,044,355
69$9,348,919$1,110,751$360,070$7,689,635
70$10,243,057$1,105,726$312,681$8,399,360
71$11,226,524$1,098,582$261,831$9,180,094
72$12,308,373$1,089,156$207,346$10,039,072
73$13,498,578$1,077,276$149,043$10,984,268
74$14,808,129$1,062,759$86,732$12,024,469
75$16,249,134$1,045,410$20,213$13,169,362
76$17,834,935$1,025,024$0$14,429,621
77$19,580,231$1,001,383$0$15,827,304
78$21,501,221$974,257$0$17,370,127
79$23,615,752$943,402$0$19,068,326
80$25,943,489$908,559$0$20,937,697
81$28,506,102$869,456$0$22,995,650
82$31,327,467$825,802$0$25,261,368
83$34,433,895$777,292$0$27,755,990
84$37,854,375$723,602$0$30,502,811
85$41,620,853$664,390$0$33,527,500
86$45,768,530$599,296$0$36,858,345
87$50,336,194$527,935$0$40,526,516
88$55,366,587$449,905$0$44,566,364
89$60,906,807$364,779$0$49,015,740
90$67,008,754$272,105$0$53,916,358
91$73,729,617$171,408$0$59,314,185
92$81,132,416$62,186$0$65,259,873
93$89,286,596$0$0$71,809,245
94$98,268,680$0$0$79,028,751
95$108,162,995$0$0$86,987,560
96$119,062,463$0$0$95,754,951
97$131,069,482$0$0$105,413,298
98$144,296,891$0$0$116,053,373
99$158,869,033$0$0$127,775,206
100$174,922,930$0$0$140,689,024