Can I retire at age 40 with 778,000?

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 $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%14.6%
1 years$64,247$63,674$63,116$62,571$62,039$60,861
2 years$31,805$31,213$30,639$30,082$29,542$28,360
3 years$20,993$20,398$19,825$19,274$18,743$17,593
4 years$15,588$14,995$14,428$13,886$13,368$12,260
5 years$12,346$11,756$11,197$10,666$10,162$9,098
6 years$10,185$9,600$9,048$8,529$8,041$7,023
7 years$8,642$8,062$7,519$7,012$6,539$5,568
8 years$7,485$6,910$6,377$5,883$5,425$4,499
9 years$6,586$6,017$5,492$5,011$4,569$3,688
10 years$5,867$5,303$4,788$4,319$3,893$3,057
11 years$5,280$4,721$4,216$3,759$3,348$2,555
12 years$4,790$4,238$3,741$3,297$2,901$2,151
13 years$4,376$3,830$3,343$2,911$2,530$1,821
14 years$4,022$3,481$3,003$2,584$2,218$1,548
15 years$3,715$3,180$2,712$2,304$1,953$1,322
16 years$3,447$2,918$2,458$2,063$1,726$1,132
17 years$3,210$2,687$2,237$1,854$1,530$972
18 years$3,000$2,483$2,042$1,671$1,361$836
19 years$2,813$2,301$1,870$1,510$1,213$721
20 years$2,644$2,138$1,716$1,367$1,083$623
21 years$2,492$1,992$1,578$1,241$969$539
22 years$2,353$1,859$1,455$1,128$869$467
23 years$2,227$1,739$1,343$1,028$780$404
24 years$2,112$1,629$1,242$937$701$351
25 years$2,006$1,529$1,150$856$631$305
26 years$1,908$1,437$1,067$783$568$265
27 years$1,818$1,352$991$716$512$230
28 years$1,734$1,274$921$656$462$200
29 years$1,656$1,202$857$602$417$174
30 years$1,584$1,135$798$552$377$152
31 years$1,516$1,073$744$507$341$132
32 years$1,453$1,016$694$466$308$115
33 years$1,393$962$648$429$279$100
34 years$1,338$911$606$394$253$87
35 years$1,285$865$566$363$229$76
36 years$1,236$821$530$334$207$66
37 years$1,189$779$496$308$188$58
38 years$1,145$741$464$284$170$50
39 years$1,103$704$435$262$155$44
40 years$1,064$670$408$242$140$38
41 years$1,026$638$382$223$127$33
42 years$991$607$359$206$115$29
43 years$957$579$337$190$105$25
44 years$924$552$316$175$95$22
45 years$894$526$297$162$86$19
46 years$864$502$279$150$78$17
47 years$836$479$262$138$71$15
48 years$810$457$246$128$65$13
49 years$784$437$231$118$59$11
50 years$760$417$217$109$53$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $778,000, adding $3,653 every year, while hoping to spend $31,245 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: 54/32/14 Blend
39$778,000$778,000$778,000$778,000
40$861,124$819,890$807,831$904,259
41$915,714$826,820$801,649$940,969
42$974,826$833,043$794,213$977,237
43$1,038,886$838,490$785,447$1,016,000
44$1,108,366$843,090$775,273$1,057,502
45$1,183,784$846,766$763,610$1,102,015
46$1,265,709$849,437$750,370$1,149,837
47$1,354,768$851,015$735,463$1,201,300
48$1,451,649$851,410$718,796$1,256,768
49$1,557,111$850,523$700,270$1,316,646
50$1,671,988$848,250$679,780$1,381,381
51$1,797,198$844,482$657,220$1,451,466
52$1,933,752$839,101$632,477$1,527,448
53$2,082,761$831,983$605,431$1,609,929
54$2,245,450$822,997$575,960$1,699,576
55$2,423,165$812,004$543,934$1,797,125
56$2,617,392$798,856$509,220$1,903,390
57$2,829,761$783,395$471,674$2,019,271
58$3,062,073$765,457$431,151$2,145,760
59$3,316,305$744,866$387,496$2,283,954
60$3,594,640$721,436$340,548$2,435,065
61$3,899,477$694,970$290,140$2,600,433
62$4,233,460$665,260$236,096$2,781,533
63$4,599,501$632,085$178,233$2,980,000
64$5,000,806$595,214$116,360$3,197,636
65$5,440,907$554,398$50,277$3,436,430
66$5,923,694$509,378$0$3,698,580
67$6,453,451$459,878$0$3,989,536
68$7,034,898$405,608$0$4,317,164
69$7,673,234$346,258$0$4,676,934
70$8,374,184$281,505$0$5,072,147
71$9,144,057$211,005$0$5,506,439
72$9,989,802$134,395$0$5,983,825
73$10,919,073$51,292$0$6,508,730
74$11,940,306$0$0$7,086,038
75$13,062,790$0$0$7,734,764
76$14,296,761$0$0$8,467,859
77$15,653,496$0$0$9,273,969
78$17,145,421$0$0$10,160,489
79$18,786,222$0$0$11,135,561
80$20,590,983$0$0$12,208,160
81$22,576,318$0$0$13,388,172
82$24,760,537$0$0$14,686,491
83$27,163,812$0$0$16,115,120
84$29,808,369$0$0$17,687,282
85$32,718,696$0$0$19,417,551
86$35,921,777$0$0$21,321,981
87$39,447,345$0$0$23,418,264
88$43,328,160$0$0$25,725,893
89$47,600,319$0$0$28,266,348
90$52,303,598$0$0$31,063,296
91$57,481,824$0$0$34,142,817
92$63,183,293$0$0$37,533,647
93$69,461,218$0$0$41,267,453
94$76,374,239$0$0$45,379,126
95$83,986,969$0$0$49,907,115
96$92,370,607$0$0$54,893,788
97$101,603,612$0$0$60,385,830
98$111,772,436$0$0$66,434,685
99$122,972,345$0$0$73,097,043
100$135,308,318$0$0$80,435,372