Can I retire at age 40 with 772,000?

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 $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%12.3%
1 years$63,751$63,183$62,629$62,088$61,560$60,968
2 years$31,560$30,972$30,403$29,850$29,314$28,718
3 years$20,831$20,241$19,672$19,125$18,598$18,016
4 years$15,468$14,879$14,316$13,779$13,264$12,701
5 years$12,250$11,665$11,110$10,583$10,083$9,540
6 years$10,106$9,526$8,979$8,464$7,979$7,456
7 years$8,575$8,000$7,461$6,958$6,489$5,987
8 years$7,428$6,857$6,328$5,837$5,383$4,903
9 years$6,535$5,970$5,450$4,972$4,533$4,074
10 years$5,822$5,263$4,752$4,286$3,863$3,424
11 years$5,239$4,685$4,183$3,730$3,322$2,904
12 years$4,753$4,205$3,712$3,272$2,879$2,481
13 years$4,343$3,800$3,317$2,888$2,510$2,132
14 years$3,991$3,454$2,980$2,564$2,201$1,841
15 years$3,686$3,155$2,691$2,287$1,938$1,596
16 years$3,420$2,895$2,440$2,047$1,712$1,389
17 years$3,186$2,666$2,220$1,840$1,518$1,212
18 years$2,977$2,464$2,026$1,658$1,350$1,061
19 years$2,791$2,283$1,855$1,498$1,203$930
20 years$2,624$2,122$1,703$1,357$1,075$817
21 years$2,473$1,976$1,566$1,231$962$719
22 years$2,335$1,845$1,443$1,120$862$634
23 years$2,210$1,725$1,333$1,020$774$559
24 years$2,096$1,617$1,232$930$696$494
25 years$1,990$1,517$1,142$849$626$437
26 years$1,893$1,426$1,059$777$564$386
27 years$1,804$1,342$983$711$508$342
28 years$1,721$1,264$914$651$459$303
29 years$1,643$1,193$850$597$414$269
30 years$1,571$1,127$792$548$374$238
31 years$1,504$1,065$739$503$338$212
32 years$1,441$1,008$689$463$306$188
33 years$1,383$954$643$425$277$167
34 years$1,327$904$601$391$251$148
35 years$1,275$858$562$360$227$132
36 years$1,226$814$526$332$206$117
37 years$1,180$773$492$306$187$104
38 years$1,136$735$461$282$169$92
39 years$1,095$699$432$260$153$82
40 years$1,055$665$405$240$139$73
41 years$1,018$633$379$221$126$65
42 years$983$603$356$204$115$58
43 years$949$574$334$188$104$51
44 years$917$547$314$174$94$46
45 years$887$522$294$161$86$41
46 years$858$498$276$148$78$36
47 years$830$475$260$137$71$32
48 years$803$454$244$127$64$29
49 years$778$433$229$117$58$26
50 years$754$414$216$108$53$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $772,000, adding $6,062 every year, while hoping to spend $57,141 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: 53/26/21 Blend
39$772,000$772,000$772,000$772,000
40$856,997$816,081$804,115$897,175
41$883,613$795,271$770,255$904,647
42$911,029$771,527$733,346$906,314
43$939,266$744,644$693,225$906,912
44$968,345$714,405$649,722$906,358
45$998,288$680,583$602,660$904,563
46$1,029,118$642,936$551,854$901,435
47$1,060,856$601,208$497,109$896,874
48$1,093,524$555,128$438,223$890,777
49$1,127,145$504,411$374,985$883,032
50$1,161,741$448,754$307,174$873,522
51$1,197,334$387,839$234,560$862,123
52$1,233,946$321,327$156,901$848,705
53$1,271,599$248,862$73,948$833,127
54$1,310,314$170,068$0$815,243
55$1,350,111$84,546$0$798,165
56$1,391,012$0$0$796,356
57$1,433,034$0$0$795,442
58$1,476,197$0$0$819,343
59$1,520,519$0$0$843,880
60$1,566,014$0$0$869,060
61$1,612,697$0$0$894,890
62$1,660,581$0$0$921,376
63$1,709,676$0$0$948,522
64$1,759,989$0$0$976,332
65$1,811,527$0$0$1,004,808
66$1,864,289$0$0$1,033,947
67$1,918,275$0$0$1,063,749
68$1,973,478$0$0$1,094,206
69$2,029,888$0$0$1,125,313
70$2,087,487$0$0$1,157,056
71$2,146,254$0$0$1,189,421
72$2,206,159$0$0$1,222,389
73$2,267,165$0$0$1,255,937
74$2,329,227$0$0$1,290,036
75$2,392,290$0$0$1,324,652
76$2,456,289$0$0$1,359,744
77$2,521,144$0$0$1,395,265
78$2,586,766$0$0$1,431,160
79$2,653,048$0$0$1,467,363
80$2,719,867$0$0$1,503,801
81$2,787,083$0$0$1,540,388
82$2,854,532$0$0$1,577,029
83$2,922,032$0$0$1,613,611
84$2,989,370$0$0$1,650,011
85$3,056,311$0$0$1,686,085
86$3,122,582$0$0$1,721,674
87$3,187,882$0$0$1,756,596
88$3,251,865$0$0$1,790,649
89$3,314,148$0$0$1,823,604
90$3,374,298$0$0$1,855,205
91$3,431,829$0$0$1,885,166
92$3,486,198$0$0$1,913,165
93$3,536,800$0$0$1,938,846
94$3,582,956$0$0$1,961,808
95$3,623,910$0$0$1,981,605
96$3,658,819$0$0$1,997,743
97$3,686,745$0$0$2,009,667
98$3,706,644$0$0$2,016,765
99$3,717,353$0$0$2,018,354
100$3,717,582$0$0$2,013,675