Can I retire at age 40 with 775,000?

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 $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%13.7%
1 years$63,999$63,429$62,873$62,330$61,800$60,851
2 years$31,683$31,093$30,521$29,966$29,428$28,475
3 years$20,912$20,319$19,749$19,200$18,671$17,742
4 years$15,528$14,937$14,372$13,832$13,316$12,419
5 years$12,298$11,711$11,153$10,624$10,123$9,261
6 years$10,145$9,563$9,014$8,496$8,010$7,183
7 years$8,609$8,031$7,490$6,985$6,514$5,724
8 years$7,456$6,884$6,352$5,860$5,404$4,649
9 years$6,561$5,994$5,471$4,991$4,551$3,832
10 years$5,845$5,283$4,770$4,303$3,878$3,193
11 years$5,259$4,703$4,199$3,745$3,335$2,684
12 years$4,772$4,221$3,727$3,284$2,890$2,273
13 years$4,359$3,815$3,330$2,900$2,520$1,935
14 years$4,006$3,468$2,992$2,574$2,209$1,656
15 years$3,701$3,168$2,701$2,296$1,945$1,422
16 years$3,434$2,906$2,449$2,055$1,719$1,226
17 years$3,198$2,677$2,229$1,847$1,524$1,059
18 years$2,989$2,473$2,034$1,664$1,355$918
19 years$2,802$2,292$1,862$1,504$1,208$796
20 years$2,634$2,130$1,709$1,362$1,079$693
21 years$2,482$1,984$1,572$1,236$966$603
22 years$2,344$1,852$1,449$1,124$866$526
23 years$2,219$1,732$1,338$1,024$777$459
24 years$2,104$1,623$1,237$934$698$401
25 years$1,998$1,523$1,146$853$628$351
26 years$1,901$1,431$1,063$780$566$307
27 years$1,811$1,347$987$714$510$269
28 years$1,727$1,269$917$654$460$235
29 years$1,650$1,198$854$600$416$206
30 years$1,578$1,131$795$550$376$181
31 years$1,510$1,069$741$505$340$159
32 years$1,447$1,012$692$464$307$139
33 years$1,388$958$646$427$278$122
34 years$1,332$908$603$393$252$107
35 years$1,280$861$564$362$228$94
36 years$1,231$817$528$333$207$83
37 years$1,184$776$494$307$187$73
38 years$1,140$738$463$283$170$64
39 years$1,099$702$433$261$154$56
40 years$1,060$667$406$241$140$49
41 years$1,022$635$381$222$127$43
42 years$987$605$357$205$115$38
43 years$953$577$335$189$104$33
44 years$921$550$315$175$95$29
45 years$890$524$296$161$86$26
46 years$861$500$278$149$78$23
47 years$833$477$261$138$71$20
48 years$807$455$245$127$64$18
49 years$781$435$230$118$58$15
50 years$757$415$217$109$53$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $775,000, adding $5,884 every year, while hoping to spend $20,537 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: 57/35/8 Blend
39$775,000$775,000$775,000$775,000
40$860,119$819,044$807,032$907,240
41$926,000$837,326$812,216$957,940
42$997,913$855,816$816,886$1,010,339
43$1,076,450$874,501$821,002$1,066,928
44$1,162,266$893,370$824,524$1,128,108
45$1,256,080$912,408$827,408$1,194,324
46$1,358,684$931,599$829,610$1,266,062
47$1,470,949$950,927$831,081$1,343,861
48$1,593,837$970,373$831,773$1,428,313
49$1,728,404$989,917$831,633$1,520,070
50$1,875,814$1,009,536$830,606$1,619,852
51$2,037,351$1,029,207$828,634$1,728,449
52$2,214,425$1,048,903$825,658$1,846,735
53$2,408,593$1,068,595$821,615$1,975,671
54$2,621,567$1,088,255$816,437$2,116,317
55$2,855,235$1,107,847$810,055$2,269,839
56$3,111,674$1,127,337$802,397$2,437,524
57$3,393,174$1,146,685$793,387$2,620,789
58$3,702,257$1,165,851$782,944$2,821,198
59$4,041,699$1,184,791$770,985$3,040,471
60$4,414,562$1,203,455$757,422$3,280,506
61$4,824,216$1,221,793$742,165$3,543,395
62$5,274,375$1,239,750$725,116$3,831,440
63$5,769,130$1,257,266$706,176$4,147,184
64$6,312,988$1,274,279$685,240$4,493,424
65$6,910,915$1,290,721$662,198$4,873,247
66$7,568,382$1,306,519$636,935$5,290,053
67$8,291,415$1,321,598$609,331$5,747,590
68$9,086,657$1,335,873$579,260$6,249,988
69$9,961,423$1,349,258$546,592$6,801,800
70$10,923,774$1,361,658$511,190$7,408,045
71$11,982,594$1,372,973$472,909$8,074,254
72$13,147,668$1,383,098$431,601$8,806,521
73$14,429,779$1,391,919$387,108$9,611,567
74$15,840,808$1,399,315$339,269$10,496,796
75$17,393,847$1,405,159$287,911$11,470,370
76$19,103,321$1,409,312$232,857$12,541,286
77$20,985,122$1,411,631$173,920$13,719,458
78$23,056,765$1,411,962$110,907$15,015,815
79$25,337,547$1,410,140$43,615$16,442,402
80$27,848,733$1,405,992$0$18,012,495
81$30,613,751$1,399,334$0$19,743,132
82$33,658,422$1,389,970$0$21,652,162
83$37,011,195$1,377,692$0$23,753,653
84$40,703,418$1,362,280$0$26,067,216
85$44,769,636$1,343,501$0$28,614,463
86$49,247,914$1,321,108$0$31,419,214
87$54,180,198$1,294,838$0$34,507,721
88$59,612,707$1,264,415$0$37,908,914
89$65,596,376$1,229,544$0$41,654,678
90$72,187,329$1,189,914$0$45,780,155
91$79,447,412$1,145,196$0$50,324,071
92$87,444,780$1,095,042$0$55,329,108
93$96,254,531$1,039,082$0$60,842,304
94$105,959,423$976,928$0$66,915,499
95$116,650,654$908,166$0$73,605,826
96$128,428,715$832,362$0$80,976,248
97$141,404,350$749,053$0$89,096,159
98$155,699,590$657,753$0$98,042,032
99$171,448,913$557,947$0$107,898,149
100$188,800,507$449,092$0$118,757,393