Can I retire at age 40 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$63,751$63,183$62,629$62,088$61,560$60,691
2 years$31,560$30,972$30,403$29,850$29,314$28,440
3 years$20,831$20,241$19,672$19,125$18,598$17,746
4 years$15,468$14,879$14,316$13,779$13,264$12,441
5 years$12,250$11,665$11,110$10,583$10,083$9,291
6 years$10,106$9,526$8,979$8,464$7,979$7,219
7 years$8,575$8,000$7,461$6,958$6,489$5,762
8 years$7,428$6,857$6,328$5,837$5,383$4,688
9 years$6,535$5,970$5,450$4,972$4,533$3,871
10 years$5,822$5,263$4,752$4,286$3,863$3,231
11 years$5,239$4,685$4,183$3,730$3,322$2,722
12 years$4,753$4,205$3,712$3,272$2,879$2,309
13 years$4,343$3,800$3,317$2,888$2,510$1,970
14 years$3,991$3,454$2,980$2,564$2,201$1,689
15 years$3,686$3,155$2,691$2,287$1,938$1,454
16 years$3,420$2,895$2,440$2,047$1,712$1,255
17 years$3,186$2,666$2,220$1,840$1,518$1,087
18 years$2,977$2,464$2,026$1,658$1,350$944
19 years$2,791$2,283$1,855$1,498$1,203$821
20 years$2,624$2,122$1,703$1,357$1,075$715
21 years$2,473$1,976$1,566$1,231$962$624
22 years$2,335$1,845$1,443$1,120$862$546
23 years$2,210$1,725$1,333$1,020$774$477
24 years$2,096$1,617$1,232$930$696$418
25 years$1,990$1,517$1,142$849$626$366
26 years$1,893$1,426$1,059$777$564$321
27 years$1,804$1,342$983$711$508$282
28 years$1,721$1,264$914$651$459$248
29 years$1,643$1,193$850$597$414$218
30 years$1,571$1,127$792$548$374$191
31 years$1,504$1,065$739$503$338$168
32 years$1,441$1,008$689$463$306$148
33 years$1,383$954$643$425$277$130
34 years$1,327$904$601$391$251$115
35 years$1,275$858$562$360$227$101
36 years$1,226$814$526$332$206$89
37 years$1,180$773$492$306$187$78
38 years$1,136$735$461$282$169$69
39 years$1,095$699$432$260$153$61
40 years$1,055$665$405$240$139$54
41 years$1,018$633$379$221$126$47
42 years$983$603$356$204$115$42
43 years$949$574$334$188$104$37
44 years$917$547$314$174$94$32
45 years$887$522$294$161$86$28
46 years$858$498$276$148$78$25
47 years$830$475$260$137$71$22
48 years$803$454$244$127$64$19
49 years$778$433$229$117$58$17
50 years$754$414$216$108$53$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $772,000, adding $3,222 every year, while hoping to spend $35,556 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: 67/12/21 Blend
39$772,000$772,000$772,000$772,000
40$854,067$813,151$801,185$906,567
41$903,351$815,165$790,194$944,167
42$956,470$816,085$777,642$980,875
43$1,013,778$815,821$763,441$1,020,172
44$1,075,663$814,276$747,496$1,062,312
45$1,142,552$811,347$729,709$1,107,577
46$1,214,915$806,926$709,978$1,156,276
47$1,293,268$800,897$688,193$1,208,753
48$1,378,177$793,136$664,243$1,265,387
49$1,470,267$783,515$638,011$1,326,596
50$1,570,222$771,896$609,372$1,392,843
51$1,678,797$758,131$578,199$1,464,638
52$1,796,822$742,067$544,356$1,542,545
53$1,925,209$723,540$507,703$1,627,188
54$2,064,963$702,376$468,094$1,719,253
55$2,217,188$678,391$425,374$1,819,501
56$2,383,101$651,392$379,383$1,928,770
57$2,564,039$621,171$329,954$2,047,986
58$2,761,475$587,513$276,912$2,178,171
59$2,977,031$550,187$220,074$2,320,454
60$3,212,491$508,949$159,249$2,476,081
61$3,469,819$463,542$94,239$2,646,426
62$3,751,180$413,694$24,834$2,833,008
63$4,058,953$359,118$0$3,037,501
64$4,395,762$299,510$0$3,272,786
65$4,764,493$234,549$0$3,536,527
66$5,168,326$163,897$0$3,825,459
67$5,610,762$87,195$0$4,142,121
68$6,095,658$4,066$0$4,489,313
69$6,627,260$0$0$4,870,118
70$7,210,246$0$0$5,299,280
71$7,849,767$0$0$5,770,697
72$8,551,497$0$0$6,288,022
73$9,321,687$0$0$6,855,869
74$10,167,221$0$0$7,479,319
75$11,095,684$0$0$8,163,973
76$12,115,429$0$0$8,915,996
77$13,235,660$0$0$9,742,184
78$14,466,515$0$0$10,650,021
79$15,819,162$0$0$11,647,753
80$17,305,908$0$0$12,744,463
81$18,940,306$0$0$13,950,160
82$20,737,293$0$0$15,275,869
83$22,713,323$0$0$16,733,738
84$24,886,524$0$0$18,337,152
85$27,276,869$0$0$20,100,856
86$29,906,364$0$0$22,041,098
87$32,799,257$0$0$24,175,777
88$35,982,262$0$0$26,524,618
89$39,484,814$0$0$29,109,353
90$43,339,345$0$0$31,953,926
91$47,581,592$0$0$35,084,721
92$52,250,930$0$0$38,530,810
93$57,390,744$0$0$42,324,224
94$63,048,841$0$0$46,500,259
95$69,277,898$0$0$51,097,808
96$76,135,958$0$0$56,159,723
97$83,686,979$0$0$61,733,228
98$92,001,437$0$0$67,870,354
99$101,156,989$0$0$74,628,437
100$111,239,206$0$0$82,070,657