Can I retire at age 40 with 779,000?

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 $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%11.1%
1 years$64,329$63,756$63,197$62,651$62,119$61,831
2 years$31,846$31,253$30,678$30,121$29,580$29,290
3 years$21,020$20,424$19,851$19,299$18,767$18,483
4 years$15,608$15,014$14,446$13,904$13,385$13,109
5 years$12,361$11,771$11,211$10,679$10,175$9,908
6 years$10,198$9,612$9,060$8,540$8,051$7,794
7 years$8,653$8,072$7,529$7,021$6,548$6,301
8 years$7,495$6,919$6,385$5,890$5,432$5,195
9 years$6,595$6,025$5,500$5,017$4,574$4,347
10 years$5,875$5,310$4,795$4,325$3,898$3,680
11 years$5,286$4,727$4,221$3,764$3,352$3,144
12 years$4,796$4,243$3,746$3,301$2,905$2,706
13 years$4,382$3,835$3,347$2,915$2,533$2,343
14 years$4,027$3,485$3,007$2,587$2,221$2,040
15 years$3,720$3,184$2,715$2,307$1,955$1,783
16 years$3,451$2,921$2,462$2,066$1,728$1,564
17 years$3,215$2,690$2,240$1,856$1,532$1,376
18 years$3,004$2,486$2,045$1,673$1,362$1,215
19 years$2,816$2,304$1,872$1,512$1,214$1,074
20 years$2,648$2,141$1,718$1,369$1,085$952
21 years$2,495$1,994$1,580$1,243$971$845
22 years$2,356$1,862$1,456$1,130$870$752
23 years$2,230$1,741$1,345$1,029$781$669
24 years$2,115$1,631$1,244$938$702$596
25 years$2,008$1,531$1,152$857$632$532
26 years$1,911$1,439$1,068$784$569$475
27 years$1,820$1,354$992$717$513$425
28 years$1,736$1,276$922$657$463$380
29 years$1,658$1,204$858$603$418$340
30 years$1,586$1,137$799$553$378$305
31 years$1,518$1,075$745$508$341$273
32 years$1,455$1,017$695$467$309$245
33 years$1,395$963$649$429$279$220
34 years$1,339$913$607$395$253$197
35 years$1,287$866$567$364$229$177
36 years$1,237$822$531$335$208$159
37 years$1,191$780$497$309$188$143
38 years$1,146$742$465$284$171$128
39 years$1,105$705$436$262$155$115
40 years$1,065$671$408$242$140$103
41 years$1,027$639$383$223$127$93
42 years$992$608$359$206$116$84
43 years$958$580$337$190$105$75
44 years$926$552$316$176$95$68
45 years$895$527$297$162$86$61
46 years$865$503$279$150$78$55
47 years$837$480$262$138$71$49
48 years$811$458$246$128$65$44
49 years$785$437$232$118$59$40
50 years$761$418$218$109$53$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $779,000, adding $6,071 every year, while hoping to spend $31,318 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: 66/28/6 Blend
39$779,000$779,000$779,000$779,000
40$864,720$823,433$811,359$920,579
41$919,600$830,459$805,217$965,465
42$979,027$836,780$797,820$1,010,172
43$1,043,433$842,328$789,093$1,058,195
44$1,113,292$847,031$778,956$1,109,850
45$1,189,125$850,812$767,328$1,165,490
46$1,271,504$853,590$754,122$1,225,501
47$1,361,060$855,279$739,247$1,290,313
48$1,458,487$855,786$722,611$1,360,395
49$1,564,546$855,014$704,112$1,436,269
50$1,680,079$852,858$683,649$1,518,508
51$1,806,009$849,210$661,113$1,607,745
52$1,943,352$843,951$636,390$1,704,679
53$2,093,227$836,958$609,363$1,810,079
54$2,256,867$828,100$579,907$1,924,796
55$2,435,628$817,237$547,894$2,049,766
56$2,631,001$804,221$513,188$2,186,025
57$2,844,631$788,896$475,648$2,334,712
58$3,078,328$771,096$435,126$2,497,087
59$3,334,083$750,645$391,469$2,674,536
60$3,614,091$727,358$344,514$2,868,592
61$3,920,767$701,038$294,095$3,080,944
62$4,256,773$671,477$240,034$3,313,455
63$4,625,038$638,453$182,150$3,568,179
64$5,028,789$601,735$120,249$3,847,385
65$5,471,581$561,075$54,133$4,153,572
66$5,957,328$516,214$0$4,489,498
67$6,490,343$466,875$0$4,859,257
68$7,075,373$412,768$0$5,268,918
69$7,717,652$353,584$0$5,718,728
70$8,422,942$288,999$0$6,212,782
71$9,197,591$218,669$0$6,755,597
72$10,048,593$142,232$0$7,352,153
73$10,983,652$59,303$0$8,007,940
74$12,011,255$0$0$8,729,013
75$13,140,753$0$0$9,531,451
76$14,382,447$0$0$10,433,738
77$15,747,685$0$0$11,425,855
78$17,248,972$0$0$12,516,897
79$18,900,083$0$0$13,716,882
80$20,716,197$0$0$15,036,848
81$22,714,036$0$0$16,488,957
82$24,912,026$0$0$18,086,609
83$27,330,466$0$0$19,844,568
84$29,991,727$0$0$21,779,103
85$32,920,452$0$0$23,908,138
86$36,143,800$0$0$26,251,422
87$39,691,690$0$0$28,830,719
88$43,597,094$0$0$31,670,005
89$47,896,340$0$0$34,795,703
90$52,629,458$0$0$38,236,926
91$57,840,557$0$0$42,025,754
92$63,578,238$0$0$46,197,535
93$69,896,058$0$0$50,791,220
94$76,853,031$0$0$55,849,729
95$84,514,183$0$0$61,420,357
96$92,951,170$0$0$67,555,219
97$102,242,951$0$0$74,311,741
98$112,476,532$0$0$81,753,204
99$123,747,790$0$0$89,949,339
100$136,162,374$0$0$98,976,985