Can I retire at age 40 with 776,000?

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 $776,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$64,081$63,511$62,954$62,410$61,879$61,464
2 years$31,723$31,133$30,560$30,005$29,466$29,047
3 years$20,939$20,346$19,774$19,224$18,695$18,285
4 years$15,548$14,956$14,391$13,850$13,333$12,936
5 years$12,314$11,726$11,168$10,638$10,136$9,752
6 years$10,159$9,575$9,025$8,507$8,020$7,651
7 years$8,620$8,041$7,500$6,994$6,522$6,168
8 years$7,466$6,893$6,361$5,867$5,411$5,071
9 years$6,569$6,001$5,478$4,998$4,557$4,231
10 years$5,852$5,290$4,776$4,308$3,883$3,571
11 years$5,266$4,709$4,205$3,749$3,339$3,041
12 years$4,778$4,227$3,732$3,289$2,894$2,609
13 years$4,365$3,820$3,334$2,903$2,523$2,253
14 years$4,012$3,472$2,996$2,577$2,212$1,954
15 years$3,706$3,172$2,705$2,299$1,948$1,703
16 years$3,438$2,910$2,452$2,058$1,721$1,489
17 years$3,202$2,680$2,231$1,849$1,526$1,306
18 years$2,993$2,476$2,037$1,666$1,357$1,148
19 years$2,806$2,295$1,865$1,506$1,210$1,012
20 years$2,637$2,133$1,711$1,364$1,080$893
21 years$2,485$1,987$1,574$1,238$967$790
22 years$2,347$1,854$1,451$1,125$867$700
23 years$2,222$1,734$1,340$1,025$778$621
24 years$2,106$1,625$1,239$935$699$551
25 years$2,001$1,525$1,147$854$629$490
26 years$1,903$1,433$1,064$781$567$436
27 years$1,813$1,349$988$714$511$388
28 years$1,730$1,271$919$655$461$346
29 years$1,652$1,199$855$600$416$308
30 years$1,580$1,132$796$551$376$275
31 years$1,512$1,070$742$506$340$246
32 years$1,449$1,013$693$465$308$219
33 years$1,390$959$647$428$278$196
34 years$1,334$909$604$393$252$175
35 years$1,282$862$565$362$228$156
36 years$1,232$818$528$334$207$140
37 years$1,186$777$495$307$187$125
38 years$1,142$739$463$283$170$112
39 years$1,100$702$434$261$154$100
40 years$1,061$668$407$241$140$90
41 years$1,023$636$381$222$127$80
42 years$988$606$358$205$115$72
43 years$954$577$336$189$104$64
44 years$922$550$315$175$95$57
45 years$891$525$296$161$86$51
46 years$862$501$278$149$78$46
47 years$834$478$261$138$71$41
48 years$808$456$245$127$64$37
49 years$782$435$231$118$59$33
50 years$758$416$217$109$53$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $776,000, adding $6,714 every year, while hoping to spend $54,079 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: 86/8/6 Blend
39$776,000$776,000$776,000$776,000
40$862,077$820,949$808,921$935,415
41$892,470$803,636$778,481$966,915
42$924,150$783,662$745,208$993,369
43$957,191$760,840$708,950$1,020,694
44$991,674$734,971$669,550$1,048,941
45$1,027,686$705,845$626,841$1,078,163
46$1,065,318$673,240$580,648$1,108,420
47$1,104,673$636,921$530,792$1,139,776
48$1,145,858$596,639$477,083$1,172,302
49$1,188,993$552,132$419,322$1,206,076
50$1,234,204$503,120$357,303$1,241,182
51$1,281,631$449,311$290,811$1,277,715
52$1,331,424$390,394$219,620$1,315,777
53$1,383,746$326,040$143,494$1,355,482
54$1,438,776$255,903$62,188$1,396,953
55$1,496,706$179,617$0$1,440,327
56$1,557,746$96,795$0$1,487,329
57$1,622,127$7,029$0$1,540,902
58$1,690,098$0$0$1,597,262
59$1,761,930$0$0$1,664,560
60$1,837,922$0$0$1,736,413
61$1,918,398$0$0$1,812,511
62$2,003,713$0$0$1,893,189
63$2,094,253$0$0$1,978,814
64$2,190,442$0$0$2,069,786
65$2,292,743$0$0$2,166,546
66$2,401,664$0$0$2,269,573
67$2,517,759$0$0$2,379,393
68$2,641,637$0$0$2,496,582
69$2,773,962$0$0$2,621,771
70$2,915,465$0$0$2,755,650
71$3,066,946$0$0$2,898,979
72$3,229,283$0$0$3,052,588
73$3,403,437$0$0$3,217,390
74$3,590,466$0$0$3,394,385
75$3,791,527$0$0$3,584,671
76$4,007,894$0$0$3,789,454
77$4,240,964$0$0$4,010,059
78$4,492,271$0$0$4,247,938
79$4,763,501$0$0$4,504,690
80$5,056,507$0$0$4,782,070
81$5,373,324$0$0$5,082,006
82$5,716,190$0$0$5,406,619
83$6,087,564$0$0$5,758,240
84$6,490,150$0$0$6,139,430
85$6,926,922$0$0$6,553,008
86$7,401,150$0$0$7,002,073
87$7,916,432$0$0$7,490,033
88$8,476,723$0$0$8,020,638
89$9,086,379$0$0$8,598,013
90$9,750,187$0$0$9,226,697
91$10,473,419$0$0$9,911,686
92$11,261,876$0$0$10,658,475
93$12,121,940$0$0$11,473,114
94$13,060,638$0$0$12,362,262
95$14,085,705$0$0$13,333,248
96$15,205,654$0$0$14,394,141
97$16,429,860$0$0$15,553,823
98$17,768,641$0$0$16,822,074
99$19,233,360$0$0$18,209,663
100$20,836,528$0$0$19,728,445