Can I retire at age 40 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$63,586$63,019$62,467$61,928$61,401$58,965
2 years$31,478$30,892$30,324$29,773$29,239$26,814
3 years$20,777$20,188$19,621$19,076$18,550$16,214
4 years$15,427$14,840$14,279$13,743$13,230$11,000
5 years$12,219$11,635$11,081$10,556$10,057$7,939
6 years$10,080$9,501$8,955$8,442$7,958$5,953
7 years$8,553$7,979$7,442$6,940$6,472$4,579
8 years$7,408$6,839$6,311$5,822$5,369$3,587
9 years$6,519$5,955$5,436$4,959$4,522$2,847
10 years$5,807$5,249$4,739$4,275$3,853$2,283
11 years$5,225$4,673$4,172$3,720$3,313$1,844
12 years$4,741$4,194$3,703$3,263$2,871$1,499
13 years$4,331$3,790$3,308$2,881$2,504$1,224
14 years$3,981$3,445$2,972$2,557$2,195$1,004
15 years$3,677$3,147$2,684$2,281$1,933$825
16 years$3,411$2,888$2,433$2,042$1,708$680
17 years$3,177$2,659$2,214$1,835$1,514$562
18 years$2,970$2,457$2,021$1,654$1,347$465
19 years$2,784$2,277$1,850$1,494$1,200$385
20 years$2,617$2,116$1,698$1,353$1,072$320
21 years$2,466$1,971$1,562$1,228$959$265
22 years$2,329$1,840$1,440$1,117$860$221
23 years$2,204$1,721$1,329$1,017$772$183
24 years$2,090$1,612$1,229$928$694$153
25 years$1,985$1,513$1,139$847$624$127
26 years$1,888$1,422$1,056$775$562$106
27 years$1,799$1,338$981$709$507$88
28 years$1,716$1,261$912$650$457$73
29 years$1,639$1,190$848$596$413$61
30 years$1,567$1,124$790$547$373$51
31 years$1,500$1,062$737$502$337$42
32 years$1,438$1,005$687$461$305$35
33 years$1,379$952$642$424$276$29
34 years$1,324$902$600$390$250$25
35 years$1,272$856$561$359$227$20
36 years$1,223$812$524$331$205$17
37 years$1,177$771$491$305$186$14
38 years$1,133$733$460$281$169$12
39 years$1,092$697$431$259$153$10
40 years$1,053$663$404$239$139$8
41 years$1,016$631$378$221$126$7
42 years$980$601$355$204$114$6
43 years$947$573$333$188$104$5
44 years$915$546$313$173$94$4
45 years$884$521$294$160$85$3
46 years$855$497$276$148$78$3
47 years$828$474$259$137$70$2
48 years$801$453$243$126$64$2
49 years$776$432$229$117$58$2
50 years$752$413$215$108$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $770,000, adding $4,670 every year, while hoping to spend $50,355 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: 40/40/20 Blend
39$770,000$770,000$770,000$770,000
40$853,357$812,547$800,612$882,268
41$886,822$798,785$773,855$889,632
42$922,013$782,660$744,514$892,427
43$959,053$764,004$712,450$894,415
44$998,074$742,639$677,515$895,551
45$1,039,224$718,375$639,558$895,787
46$1,082,661$691,011$598,419$895,076
47$1,128,557$660,335$553,931$893,372
48$1,177,102$626,123$505,920$890,628
49$1,228,501$588,139$454,203$886,797
50$1,282,980$546,129$398,591$881,835
51$1,340,785$499,831$338,885$875,697
52$1,402,185$448,962$274,877$868,342
53$1,467,474$393,227$206,351$859,729
54$1,536,973$332,313$133,081$849,824
55$1,611,036$265,887$54,831$838,594
56$1,690,048$193,602$0$826,012
57$1,774,432$115,087$0$818,175
58$1,864,650$29,953$0$821,834
59$1,961,212$0$0$825,327
60$2,064,674$0$0$856,099
61$2,175,646$0$0$903,315
62$2,294,799$0$0$954,083
63$2,422,869$0$0$1,008,726
64$2,560,663$0$0$1,067,598
65$2,709,068$0$0$1,131,089
66$2,869,058$0$0$1,199,626
67$3,041,702$0$0$1,273,678
68$3,228,175$0$0$1,353,762
69$3,429,770$0$0$1,440,444
70$3,647,906$0$0$1,534,350
71$3,884,142$0$0$1,636,163
72$4,140,196$0$0$1,746,638
73$4,417,953$0$0$1,866,606
74$4,719,489$0$0$1,996,976
75$5,047,084$0$0$2,138,754
76$5,403,250$0$0$2,293,043
77$5,790,747$0$0$2,461,057
78$6,212,615$0$0$2,644,134
79$6,672,197$0$0$2,843,745
80$7,173,171$0$0$3,061,507
81$7,719,588$0$0$3,299,204
82$8,315,904$0$0$3,558,798
83$8,967,025$0$0$3,842,446
84$9,678,352$0$0$4,152,527
85$10,455,830$0$0$4,491,658
86$11,306,005$0$0$4,862,721
87$12,236,083$0$0$5,268,889
88$13,254,001$0$0$5,713,657
89$14,368,497$0$0$6,200,872
90$15,589,192$0$0$6,734,773
91$16,926,684$0$0$7,320,025
92$18,392,643$0$0$7,961,771
93$19,999,923$0$0$8,665,670
94$21,762,678$0$0$9,437,958
95$23,696,502$0$0$10,285,504
96$25,818,568$0$0$11,215,873
97$28,147,792$0$0$12,237,400
98$30,705,014$0$0$13,359,263
99$33,513,185$0$0$14,591,576
100$36,597,592$0$0$15,945,480