Can I retire at age 40 with 779,000?

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 $779,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$64,329$63,756$63,197$62,651$62,119$59,677
2 years$31,846$31,253$30,678$30,121$29,580$27,151
3 years$21,020$20,424$19,851$19,299$18,767$16,426
4 years$15,608$15,014$14,446$13,904$13,385$11,149
5 years$12,361$11,771$11,211$10,679$10,175$8,051
6 years$10,198$9,612$9,060$8,540$8,051$6,040
7 years$8,653$8,072$7,529$7,021$6,548$4,649
8 years$7,495$6,919$6,385$5,890$5,432$3,644
9 years$6,595$6,025$5,500$5,017$4,574$2,894
10 years$5,875$5,310$4,795$4,325$3,898$2,322
11 years$5,286$4,727$4,221$3,764$3,352$1,877
12 years$4,796$4,243$3,746$3,301$2,905$1,527
13 years$4,382$3,835$3,347$2,915$2,533$1,248
14 years$4,027$3,485$3,007$2,587$2,221$1,024
15 years$3,720$3,184$2,715$2,307$1,955$842
16 years$3,451$2,921$2,462$2,066$1,728$695
17 years$3,215$2,690$2,240$1,856$1,532$575
18 years$3,004$2,486$2,045$1,673$1,362$476
19 years$2,816$2,304$1,872$1,512$1,214$395
20 years$2,648$2,141$1,718$1,369$1,085$328
21 years$2,495$1,994$1,580$1,243$971$272
22 years$2,356$1,862$1,456$1,130$870$226
23 years$2,230$1,741$1,345$1,029$781$188
24 years$2,115$1,631$1,244$938$702$157
25 years$2,008$1,531$1,152$857$632$131
26 years$1,911$1,439$1,068$784$569$109
27 years$1,820$1,354$992$717$513$91
28 years$1,736$1,276$922$657$463$76
29 years$1,658$1,204$858$603$418$63
30 years$1,586$1,137$799$553$378$53
31 years$1,518$1,075$745$508$341$44
32 years$1,455$1,017$695$467$309$37
33 years$1,395$963$649$429$279$31
34 years$1,339$913$607$395$253$25
35 years$1,287$866$567$364$229$21
36 years$1,237$822$531$335$208$18
37 years$1,191$780$497$309$188$15
38 years$1,146$742$465$284$171$12
39 years$1,105$705$436$262$155$10
40 years$1,065$671$408$242$140$9
41 years$1,027$639$383$223$127$7
42 years$992$608$359$206$116$6
43 years$958$580$337$190$105$5
44 years$926$552$316$176$95$4
45 years$895$527$297$162$86$3
46 years$865$503$279$150$78$3
47 years$837$480$262$138$71$2
48 years$811$458$246$128$65$2
49 years$785$437$232$118$59$2
50 years$761$418$218$109$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $779,000, adding $5,399 every year, while hoping to spend $21,823 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: 50/21/29 Blend
39$779,000$779,000$779,000$779,000
40$864,027$822,740$810,666$899,894
41$928,938$839,835$814,603$942,650
42$999,739$857,036$817,942$986,503
43$1,077,007$874,325$820,637$1,033,748
44$1,161,378$891,684$822,645$1,084,717
45$1,253,553$909,090$823,917$1,139,778
46$1,354,301$926,521$824,404$1,199,334
47$1,464,471$943,952$824,053$1,263,834
48$1,584,997$961,356$822,810$1,333,768
49$1,716,909$978,704$820,616$1,409,679
50$1,861,338$995,965$817,411$1,492,168
51$2,019,532$1,013,105$813,131$1,581,895
52$2,192,864$1,030,087$807,711$1,679,588
53$2,382,848$1,046,873$801,081$1,786,053
54$2,591,148$1,063,420$793,167$1,902,175
55$2,819,601$1,079,683$783,894$2,028,934
56$3,070,227$1,095,614$773,181$2,167,407
57$3,345,252$1,111,161$760,944$2,318,786
58$3,647,128$1,126,268$747,096$2,484,382
59$3,978,556$1,140,876$731,545$2,665,644
60$4,342,512$1,154,922$714,195$2,864,169
61$4,742,272$1,168,338$694,945$3,081,716
62$5,181,449$1,181,051$673,690$3,320,229
63$5,664,018$1,192,984$650,320$3,581,849
64$6,194,362$1,204,055$624,721$3,868,938
65$6,777,309$1,214,175$596,771$4,184,100
66$7,418,177$1,223,252$566,345$4,530,208
67$8,122,825$1,231,185$533,311$4,910,429
68$8,897,709$1,237,869$497,533$5,328,255
69$9,749,942$1,243,191$458,867$5,787,539
70$10,687,359$1,247,030$417,162$6,292,525
71$11,718,595$1,249,260$372,262$6,847,898
72$12,853,162$1,249,744$324,003$7,458,819
73$14,101,542$1,248,339$272,215$8,130,981
74$15,475,283$1,244,892$216,718$8,870,660
75$16,987,111$1,239,241$157,327$9,684,777
76$18,651,046$1,231,213$93,847$10,580,960
77$20,482,537$1,220,627$26,075$11,567,620
78$22,498,605$1,207,287$0$12,654,032
79$24,718,009$1,190,990$0$13,864,729
80$27,161,415$1,171,518$0$15,206,212
81$29,851,596$1,148,639$0$16,682,902
82$32,813,648$1,122,111$0$18,308,570
83$36,075,219$1,091,674$0$20,098,394
84$39,666,781$1,057,055$0$22,069,103
85$43,621,906$1,017,965$0$24,239,131
86$47,977,591$974,096$0$26,628,795
87$52,774,603$925,124$0$29,260,485
88$58,057,864$870,706$0$32,158,877
89$63,876,875$810,480$0$35,351,167
90$70,286,185$744,062$0$38,867,324
91$77,345,901$671,046$0$42,740,378
92$85,122,259$591,004$0$47,006,730
93$93,688,249$503,483$0$51,706,497
94$103,124,301$408,004$0$56,883,889
95$113,519,045$304,062$0$62,587,631
96$124,970,150$191,122$0$68,871,417
97$137,585,240$68,622$0$75,794,425
98$151,482,915$0$0$83,421,871
99$166,793,869$0$0$91,840,426
100$183,662,121$0$0$101,132,848