Can I retire at age 40 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$64,412$63,838$63,278$62,732$62,198$60,015
2 years$31,887$31,293$30,718$30,160$29,618$27,442
3 years$21,047$20,450$19,876$19,323$18,791$16,690
4 years$15,628$15,033$14,465$13,921$13,402$11,392
5 years$12,377$11,786$11,225$10,693$10,188$8,274
6 years$10,211$9,624$9,072$8,551$8,061$6,245
7 years$8,664$8,082$7,539$7,031$6,556$4,837
8 years$7,505$6,928$6,393$5,898$5,439$3,816
9 years$6,603$6,032$5,507$5,024$4,580$3,051
10 years$5,882$5,317$4,801$4,330$3,903$2,465
11 years$5,293$4,734$4,227$3,769$3,356$2,007
12 years$4,803$4,249$3,751$3,306$2,909$1,645
13 years$4,388$3,839$3,351$2,918$2,536$1,354
14 years$4,032$3,490$3,011$2,591$2,223$1,120
15 years$3,725$3,188$2,719$2,310$1,958$929
16 years$3,456$2,925$2,465$2,069$1,730$772
17 years$3,219$2,694$2,243$1,859$1,534$644
18 years$3,008$2,489$2,047$1,675$1,364$537
19 years$2,820$2,307$1,874$1,514$1,216$449
20 years$2,651$2,144$1,720$1,371$1,086$376
21 years$2,498$1,997$1,582$1,244$972$315
22 years$2,359$1,864$1,458$1,131$871$264
23 years$2,233$1,743$1,346$1,030$782$222
24 years$2,117$1,633$1,245$940$703$186
25 years$2,011$1,533$1,153$858$632$157
26 years$1,913$1,441$1,070$785$570$132
27 years$1,822$1,356$993$718$514$111
28 years$1,738$1,278$923$658$463$93
29 years$1,660$1,205$859$603$418$78
30 years$1,588$1,138$800$554$378$66
31 years$1,520$1,076$746$509$342$55
32 years$1,456$1,018$696$467$309$47
33 years$1,397$964$650$430$280$39
34 years$1,341$914$607$395$253$33
35 years$1,288$867$568$364$229$28
36 years$1,239$823$531$335$208$23
37 years$1,192$781$497$309$188$20
38 years$1,148$743$466$285$171$17
39 years$1,106$706$436$263$155$14
40 years$1,066$672$409$242$141$12
41 years$1,029$639$383$223$127$10
42 years$993$609$360$206$116$8
43 years$959$580$337$190$105$7
44 years$927$553$317$176$95$6
45 years$896$527$297$162$87$5
46 years$867$503$279$150$79$4
47 years$839$480$262$139$71$4
48 years$812$458$247$128$65$3
49 years$786$438$232$118$59$3
50 years$762$418$218$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $780,000, adding $3,154 every year, while hoping to spend $52,397 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: 51/33/16 Blend
39$780,000$780,000$780,000$780,000
40$862,813$821,473$809,383$902,888
41$895,070$805,976$780,748$915,257
42$928,861$787,962$749,397$922,957
43$964,288$767,255$715,184$930,175
44$1,001,459$743,664$677,956$936,881
45$1,040,494$716,990$637,555$943,047
46$1,081,523$687,021$593,811$948,645
47$1,124,686$653,533$546,552$953,647
48$1,170,137$616,289$495,594$958,027
49$1,218,041$575,038$440,746$961,761
50$1,268,582$529,514$381,811$964,827
51$1,321,955$479,439$318,580$967,204
52$1,378,378$424,515$250,837$968,876
53$1,438,086$364,430$178,353$969,830
54$1,501,337$298,853$100,894$970,056
55$1,568,411$227,434$18,211$969,550
56$1,639,615$149,805$0$968,316
57$1,715,286$65,575$0$978,318
58$1,795,791$0$0$991,714
59$1,881,532$0$0$1,014,786
60$1,972,950$0$0$1,064,821
61$2,070,526$0$0$1,118,274
62$2,174,790$0$0$1,175,442
63$2,286,320$0$0$1,236,649
64$2,405,753$0$0$1,302,251
65$2,533,783$0$0$1,372,637
66$2,671,176$0$0$1,448,235
67$2,818,770$0$0$1,529,516
68$2,977,485$0$0$1,616,994
69$3,148,331$0$0$1,711,237
70$3,332,419$0$0$1,812,865
71$3,530,968$0$0$1,922,562
72$3,745,315$0$0$2,041,080
73$3,976,933$0$0$2,169,242
74$4,227,438$0$0$2,307,956
75$4,498,608$0$0$2,458,218
76$4,792,396$0$0$2,621,125
77$5,110,951$0$0$2,797,882
78$5,456,634$0$0$2,989,814
79$5,832,045$0$0$3,198,379
80$6,240,042$0$0$3,425,182
81$6,683,767$0$0$3,671,986
82$7,166,681$0$0$3,940,734
83$7,692,588$0$0$4,233,562
84$8,265,678$0$0$4,552,820
85$8,890,559$0$0$4,901,097
86$9,572,304$0$0$5,281,240
87$10,316,496$0$0$5,696,386
88$11,129,283$0$0$6,149,985
89$12,017,429$0$0$6,645,837
90$12,988,385$0$0$7,188,125
91$14,050,351$0$0$7,781,455
92$15,212,358$0$0$8,430,900
93$16,484,349$0$0$9,142,044
94$17,877,273$0$0$9,921,037
95$19,403,189$0$0$10,774,652
96$21,075,375$0$0$11,710,349
97$22,908,455$0$0$12,736,342
98$24,918,537$0$0$13,861,680
99$27,123,359$0$0$15,096,328
100$29,542,462$0$0$16,451,265