Can I retire at age 40 with 773,000?

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 $773,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$63,834$63,265$62,710$62,169$61,640$60,719
2 years$31,601$31,012$30,442$29,889$29,352$28,426
3 years$20,858$20,267$19,698$19,150$18,622$17,720
4 years$15,488$14,898$14,335$13,797$13,282$12,411
5 years$12,266$11,680$11,125$10,597$10,096$9,259
6 years$10,119$9,538$8,990$8,475$7,989$7,186
7 years$8,586$8,010$7,471$6,967$6,497$5,729
8 years$7,437$6,866$6,336$5,845$5,390$4,656
9 years$6,544$5,978$5,457$4,978$4,539$3,840
10 years$5,830$5,269$4,758$4,291$3,868$3,202
11 years$5,246$4,691$4,189$3,735$3,326$2,693
12 years$4,759$4,210$3,717$3,276$2,882$2,282
13 years$4,348$3,805$3,321$2,892$2,514$1,944
14 years$3,996$3,459$2,984$2,567$2,203$1,665
15 years$3,691$3,160$2,694$2,290$1,940$1,431
16 years$3,425$2,899$2,443$2,050$1,715$1,234
17 years$3,190$2,670$2,223$1,842$1,520$1,067
18 years$2,981$2,467$2,029$1,660$1,352$925
19 years$2,795$2,286$1,858$1,500$1,205$804
20 years$2,627$2,125$1,705$1,359$1,076$699
21 years$2,476$1,979$1,568$1,233$963$609
22 years$2,338$1,847$1,445$1,121$863$532
23 years$2,213$1,728$1,334$1,021$775$464
24 years$2,098$1,619$1,234$931$697$406
25 years$1,993$1,519$1,143$850$627$355
26 years$1,896$1,428$1,060$778$565$311
27 years$1,806$1,344$984$712$509$273
28 years$1,723$1,266$915$652$459$239
29 years$1,646$1,194$852$598$415$210
30 years$1,573$1,128$793$549$375$184
31 years$1,506$1,066$739$504$339$162
32 years$1,443$1,009$690$463$306$142
33 years$1,384$956$644$426$277$125
34 years$1,329$906$602$392$251$110
35 years$1,277$859$563$361$227$96
36 years$1,228$815$526$332$206$85
37 years$1,181$774$493$306$187$74
38 years$1,138$736$461$282$169$65
39 years$1,096$700$432$260$154$58
40 years$1,057$666$405$240$139$51
41 years$1,020$634$380$221$126$45
42 years$984$604$356$204$115$39
43 years$950$575$334$189$104$34
44 years$918$548$314$174$94$30
45 years$888$523$295$161$86$27
46 years$859$499$277$149$78$23
47 years$831$476$260$137$71$21
48 years$804$454$244$127$64$18
49 years$779$434$230$117$58$16
50 years$755$414$216$108$53$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $773,000, adding $4,828 every year, while hoping to spend $43,270 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: 44/49/7 Blend
39$773,000$773,000$773,000$773,000
40$856,826$815,857$803,876$892,618
41$898,183$809,795$784,766$911,807
42$942,309$801,986$763,567$927,759
43$989,439$792,298$740,161$944,045
44$1,039,834$780,593$714,429$960,712
45$1,093,777$766,722$686,242$977,812
46$1,151,581$750,530$655,470$995,408
47$1,213,587$731,851$621,973$1,013,570
48$1,280,172$710,510$585,607$1,032,379
49$1,351,745$686,321$546,222$1,051,930
50$1,428,761$659,088$503,658$1,072,328
51$1,511,715$628,604$457,751$1,093,697
52$1,601,153$594,649$408,328$1,116,176
53$1,697,674$556,990$355,210$1,139,922
54$1,801,936$515,381$298,209$1,165,116
55$1,914,662$469,563$237,128$1,191,959
56$2,036,647$419,262$171,761$1,220,683
57$2,168,766$364,186$101,896$1,251,545
58$2,311,978$304,030$27,308$1,284,839
59$2,467,342$238,469$0$1,320,893
60$2,636,018$167,161$0$1,363,983
61$2,819,284$89,745$0$1,413,050
62$3,018,548$5,839$0$1,466,537
63$3,235,354$0$0$1,524,987
64$3,471,406$0$0$1,634,817
65$3,728,575$0$0$1,757,989
66$4,008,923$0$0$1,892,352
67$4,314,717$0$0$2,039,003
68$4,648,454$0$0$2,199,152
69$5,012,882$0$0$2,374,130
70$5,411,026$0$0$2,565,402
71$5,846,215$0$0$2,774,580
72$6,322,117$0$0$3,003,441
73$6,842,767$0$0$3,253,940
74$7,412,611$0$0$3,528,231
75$8,036,544$0$0$3,828,684
76$8,719,955$0$0$4,157,912
77$9,468,780$0$0$4,518,791
78$10,289,555$0$0$4,914,487
79$11,189,482$0$0$5,348,490
80$12,176,488$0$0$5,824,641
81$13,259,307$0$0$6,347,175
82$14,447,560$0$0$6,920,752
83$15,751,842$0$0$7,550,508
84$17,183,827$0$0$8,242,100
85$18,756,370$0$0$9,001,760
86$20,483,636$0$0$9,836,353
87$22,381,228$0$0$10,753,441
88$24,466,335$0$0$11,761,357
89$26,757,892$0$0$12,869,278
90$29,276,763$0$0$14,087,317
91$32,045,929$0$0$15,426,616
92$35,090,712$0$0$16,899,449
93$38,439,011$0$0$18,519,339
94$42,121,561$0$0$20,301,186
95$46,172,227$0$0$22,261,407
96$50,628,320$0$0$24,418,091
97$55,530,951$0$0$26,791,165
98$60,925,414$0$0$29,402,590
99$66,861,616$0$0$32,276,560
100$73,394,549$0$0$35,439,734