Can I retire at age 40 with 778,000?

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 $778,000?

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$64,247$63,674$63,116$62,571$62,039$61,442
2 years$31,805$31,213$30,639$30,082$29,542$28,941
3 years$20,993$20,398$19,825$19,274$18,743$18,156
4 years$15,588$14,995$14,428$13,886$13,368$12,799
5 years$12,346$11,756$11,197$10,666$10,162$9,614
6 years$10,185$9,600$9,048$8,529$8,041$7,514
7 years$8,642$8,062$7,519$7,012$6,539$6,034
8 years$7,485$6,910$6,377$5,883$5,425$4,941
9 years$6,586$6,017$5,492$5,011$4,569$4,106
10 years$5,867$5,303$4,788$4,319$3,893$3,451
11 years$5,280$4,721$4,216$3,759$3,348$2,926
12 years$4,790$4,238$3,741$3,297$2,901$2,500
13 years$4,376$3,830$3,343$2,911$2,530$2,148
14 years$4,022$3,481$3,003$2,584$2,218$1,855
15 years$3,715$3,180$2,712$2,304$1,953$1,609
16 years$3,447$2,918$2,458$2,063$1,726$1,400
17 years$3,210$2,687$2,237$1,854$1,530$1,222
18 years$3,000$2,483$2,042$1,671$1,361$1,069
19 years$2,813$2,301$1,870$1,510$1,213$937
20 years$2,644$2,138$1,716$1,367$1,083$824
21 years$2,492$1,992$1,578$1,241$969$725
22 years$2,353$1,859$1,455$1,128$869$639
23 years$2,227$1,739$1,343$1,028$780$563
24 years$2,112$1,629$1,242$937$701$498
25 years$2,006$1,529$1,150$856$631$440
26 years$1,908$1,437$1,067$783$568$389
27 years$1,818$1,352$991$716$512$345
28 years$1,734$1,274$921$656$462$305
29 years$1,656$1,202$857$602$417$271
30 years$1,584$1,135$798$552$377$240
31 years$1,516$1,073$744$507$341$213
32 years$1,453$1,016$694$466$308$189
33 years$1,393$962$648$429$279$168
34 years$1,338$911$606$394$253$149
35 years$1,285$865$566$363$229$133
36 years$1,236$821$530$334$207$118
37 years$1,189$779$496$308$188$105
38 years$1,145$741$464$284$170$93
39 years$1,103$704$435$262$155$83
40 years$1,064$670$408$242$140$74
41 years$1,026$638$382$223$127$66
42 years$991$607$359$206$115$58
43 years$957$579$337$190$105$52
44 years$924$552$316$175$95$46
45 years$894$526$297$162$86$41
46 years$864$502$279$150$78$37
47 years$836$479$262$138$71$33
48 years$810$457$246$128$65$29
49 years$784$437$231$118$59$26
50 years$760$417$217$109$53$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $778,000, adding $3,692 every year, while hoping to spend $37,790 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: 43/41/16 Blend
39$778,000$778,000$778,000$778,000
40$861,164$819,930$807,871$894,041
41$908,795$819,899$794,727$917,475
42$960,017$818,599$779,875$938,820
43$1,015,157$815,929$763,220$961,137
44$1,074,575$811,780$744,659$984,532
45$1,138,662$806,039$724,086$1,009,125
46$1,207,853$798,582$701,390$1,035,051
47$1,282,622$789,281$676,455$1,062,460
48$1,363,492$777,998$649,158$1,091,521
49$1,451,037$764,589$619,374$1,122,422
50$1,545,889$748,899$586,969$1,155,374
51$1,648,741$730,767$551,804$1,190,614
52$1,760,357$710,018$513,733$1,228,405
53$1,881,576$686,472$472,606$1,269,042
54$2,013,322$659,934$428,264$1,312,852
55$2,156,610$630,201$380,540$1,360,203
56$2,312,559$597,055$329,262$1,411,501
57$2,482,397$560,268$274,250$1,467,202
58$2,667,479$519,599$215,315$1,527,812
59$2,869,293$474,790$152,259$1,593,894
60$3,089,479$425,573$84,878$1,666,074
61$3,329,841$371,661$12,956$1,745,050
62$3,592,364$312,752$0$1,831,596
63$3,879,236$248,527$0$1,937,463
64$4,192,862$178,649$0$2,055,783
65$4,535,894$102,763$0$2,185,446
66$4,911,248$20,492$0$2,327,672
67$5,322,139$0$0$2,483,812
68$5,772,104$0$0$2,686,294
69$6,265,039$0$0$2,918,337
70$6,805,235$0$0$3,172,726
71$7,397,418$0$0$3,451,700
72$8,046,792$0$0$3,757,723
73$8,759,090$0$0$4,093,509
74$9,540,625$0$0$4,462,049
75$10,398,351$0$0$4,866,637
76$11,339,931$0$0$5,310,901
77$12,373,801$0$0$5,798,838
78$13,509,258$0$0$6,334,850
79$14,756,541$0$0$6,923,789
80$16,126,931$0$0$7,570,996
81$17,632,856$0$0$8,282,360
82$19,288,006$0$0$9,064,365
83$21,107,464$0$0$9,924,157
84$23,107,847$0$0$10,869,607
85$25,307,463$0$0$11,909,388
86$27,726,482$0$0$13,053,056
87$30,387,128$0$0$14,311,139
88$33,313,884$0$0$15,695,237
89$36,533,729$0$0$17,218,129
90$40,076,385$0$0$18,893,900
91$43,974,603$0$0$20,738,063
92$48,264,468$0$0$22,767,717
93$52,985,739$0$0$25,001,698
94$58,182,226$0$0$27,460,762
95$63,902,201$0$0$30,167,781
96$70,198,854$0$0$33,147,956
97$77,130,791$0$0$36,429,055
98$84,762,594$0$0$40,041,677
99$93,165,421$0$0$44,019,536
100$102,417,683$0$0$48,399,787