Can I retire at age 40 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$63,999$63,429$62,873$62,330$61,800$60,552
2 years$31,683$31,093$30,521$29,966$29,428$28,177
3 years$20,912$20,319$19,749$19,200$18,671$17,454
4 years$15,528$14,937$14,372$13,832$13,316$12,144
5 years$12,298$11,711$11,153$10,624$10,123$8,999
6 years$10,145$9,563$9,014$8,496$8,010$6,935
7 years$8,609$8,031$7,490$6,985$6,514$5,488
8 years$7,456$6,884$6,352$5,860$5,404$4,427
9 years$6,561$5,994$5,471$4,991$4,551$3,623
10 years$5,845$5,283$4,770$4,303$3,878$2,997
11 years$5,259$4,703$4,199$3,745$3,335$2,501
12 years$4,772$4,221$3,727$3,284$2,890$2,101
13 years$4,359$3,815$3,330$2,900$2,520$1,775
14 years$4,006$3,468$2,992$2,574$2,209$1,506
15 years$3,701$3,168$2,701$2,296$1,945$1,283
16 years$3,434$2,906$2,449$2,055$1,719$1,096
17 years$3,198$2,677$2,229$1,847$1,524$939
18 years$2,989$2,473$2,034$1,664$1,355$807
19 years$2,802$2,292$1,862$1,504$1,208$694
20 years$2,634$2,130$1,709$1,362$1,079$598
21 years$2,482$1,984$1,572$1,236$966$516
22 years$2,344$1,852$1,449$1,124$866$446
23 years$2,219$1,732$1,338$1,024$777$386
24 years$2,104$1,623$1,237$934$698$334
25 years$1,998$1,523$1,146$853$628$289
26 years$1,901$1,431$1,063$780$566$251
27 years$1,811$1,347$987$714$510$217
28 years$1,727$1,269$917$654$460$189
29 years$1,650$1,198$854$600$416$164
30 years$1,578$1,131$795$550$376$142
31 years$1,510$1,069$741$505$340$123
32 years$1,447$1,012$692$464$307$107
33 years$1,388$958$646$427$278$93
34 years$1,332$908$603$393$252$81
35 years$1,280$861$564$362$228$70
36 years$1,231$817$528$333$207$61
37 years$1,184$776$494$307$187$53
38 years$1,140$738$463$283$170$46
39 years$1,099$702$433$261$154$40
40 years$1,060$667$406$241$140$35
41 years$1,022$635$381$222$127$30
42 years$987$605$357$205$115$26
43 years$953$577$335$189$104$23
44 years$921$550$315$175$95$20
45 years$890$524$296$161$86$17
46 years$861$500$278$149$78$15
47 years$833$477$261$138$71$13
48 years$807$455$245$127$64$11
49 years$781$435$230$118$58$10
50 years$757$415$217$109$53$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $775,000, adding $2,075 every year, while hoping to spend $47,019 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: 52/33/15 Blend
39$775,000$775,000$775,000$775,000
40$856,190$815,115$803,103$897,142
41$893,494$805,028$779,979$915,314
42$933,027$792,871$754,505$929,928
43$974,966$778,492$726,551$944,770
44$1,019,507$761,732$695,985$959,878
45$1,066,861$742,422$662,665$975,292
46$1,117,261$720,381$626,444$991,061
47$1,170,962$695,420$587,171$1,007,241
48$1,228,242$667,337$544,683$1,023,898
49$1,289,407$635,921$498,814$1,041,107
50$1,354,791$600,946$449,389$1,058,955
51$1,424,761$562,173$396,224$1,077,541
52$1,499,719$519,352$339,130$1,096,980
53$1,580,106$472,216$277,907$1,117,402
54$1,666,406$420,484$212,346$1,138,953
55$1,759,150$363,858$142,230$1,161,803
56$1,858,921$302,026$67,333$1,186,141
57$1,966,360$234,654$0$1,212,183
58$2,082,169$161,392$0$1,242,188
59$2,207,121$81,871$0$1,286,047
60$2,342,064$0$0$1,333,322
61$2,487,930$0$0$1,385,966
62$2,645,745$0$0$1,475,149
63$2,816,633$0$0$1,571,784
64$3,001,835$0$0$1,676,581
65$3,202,711$0$0$1,790,318
66$3,420,760$0$0$1,913,852
67$3,657,627$0$0$2,048,126
68$3,915,125$0$0$2,194,176
69$4,195,248$0$0$2,353,143
70$4,500,187$0$0$2,526,282
71$4,832,357$0$0$2,714,974
72$5,194,412$0$0$2,920,740
73$5,589,275$0$0$3,145,253
74$6,020,163$0$0$3,390,354
75$6,490,616$0$0$3,658,069
76$7,004,531$0$0$3,950,632
77$7,566,200$0$0$4,270,499
78$8,180,347$0$0$4,620,374
79$8,852,171$0$0$5,003,237
80$9,587,401$0$0$5,422,366
81$10,392,341$0$0$5,881,374
82$11,273,937$0$0$6,384,238
83$12,239,836$0$0$6,935,337
84$13,298,459$0$0$7,539,494
85$14,459,081$0$0$8,202,024
86$15,731,918$0$0$8,928,777
87$17,128,223$0$0$9,726,199
88$18,660,387$0$0$10,601,388
89$20,342,062$0$0$11,562,165
90$22,188,285$0$0$12,617,143
91$24,215,620$0$0$13,775,811
92$26,442,312$0$0$15,048,623
93$28,888,464$0$0$16,447,094
94$31,576,218$0$0$17,983,909
95$34,529,968$0$0$19,673,044
96$37,776,589$0$0$21,529,897
97$41,345,690$0$0$23,571,430
98$45,269,889$0$0$25,816,332
99$49,585,125$0$0$28,285,193
100$54,330,993$0$0$31,000,700