Can I retire at age 40 with 780,000?

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 $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%12.6%
1 years$64,412$63,838$63,278$62,732$62,198$61,523
2 years$31,887$31,293$30,718$30,160$29,618$28,938
3 years$21,047$20,450$19,876$19,323$18,791$18,128
4 years$15,628$15,033$14,465$13,921$13,402$12,760
5 years$12,377$11,786$11,225$10,693$10,188$9,570
6 years$10,211$9,624$9,072$8,551$8,061$7,467
7 years$8,664$8,082$7,539$7,031$6,556$5,986
8 years$7,505$6,928$6,393$5,898$5,439$4,894
9 years$6,603$6,032$5,507$5,024$4,580$4,059
10 years$5,882$5,317$4,801$4,330$3,903$3,405
11 years$5,293$4,734$4,227$3,769$3,356$2,883
12 years$4,803$4,249$3,751$3,306$2,909$2,458
13 years$4,388$3,839$3,351$2,918$2,536$2,108
14 years$4,032$3,490$3,011$2,591$2,223$1,817
15 years$3,725$3,188$2,719$2,310$1,958$1,572
16 years$3,456$2,925$2,465$2,069$1,730$1,365
17 years$3,219$2,694$2,243$1,859$1,534$1,189
18 years$3,008$2,489$2,047$1,675$1,364$1,038
19 years$2,820$2,307$1,874$1,514$1,216$908
20 years$2,651$2,144$1,720$1,371$1,086$796
21 years$2,498$1,997$1,582$1,244$972$699
22 years$2,359$1,864$1,458$1,131$871$615
23 years$2,233$1,743$1,346$1,030$782$541
24 years$2,117$1,633$1,245$940$703$477
25 years$2,011$1,533$1,153$858$632$421
26 years$1,913$1,441$1,070$785$570$371
27 years$1,822$1,356$993$718$514$328
28 years$1,738$1,278$923$658$463$290
29 years$1,660$1,205$859$603$418$256
30 years$1,588$1,138$800$554$378$227
31 years$1,520$1,076$746$509$342$201
32 years$1,456$1,018$696$467$309$178
33 years$1,397$964$650$430$280$158
34 years$1,341$914$607$395$253$140
35 years$1,288$867$568$364$229$124
36 years$1,239$823$531$335$208$110
37 years$1,192$781$497$309$188$97
38 years$1,148$743$466$285$171$86
39 years$1,106$706$436$263$155$77
40 years$1,066$672$409$242$141$68
41 years$1,029$639$383$223$127$60
42 years$993$609$360$206$116$53
43 years$959$580$337$190$105$47
44 years$927$553$317$176$95$42
45 years$896$527$297$162$87$37
46 years$867$503$279$150$79$33
47 years$839$480$262$139$71$29
48 years$812$458$247$128$65$26
49 years$786$438$232$118$59$23
50 years$762$418$218$109$53$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $780,000, adding $4,873 every year, while hoping to spend $59,617 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: 40/46/14 Blend
39$780,000$780,000$780,000$780,000
40$864,586$823,246$811,156$895,383
41$889,342$800,154$774,898$894,563
42$914,625$773,931$735,427$887,480
43$940,426$744,362$692,573$878,524
44$966,732$711,219$646,157$867,556
45$993,528$674,259$595,993$854,424
46$1,020,796$633,225$541,887$838,968
47$1,048,512$587,848$483,634$821,019
48$1,076,648$537,840$421,024$800,395
49$1,105,172$482,900$353,834$776,905
50$1,134,044$422,706$281,832$750,342
51$1,163,219$356,922$204,776$720,489
52$1,192,646$285,189$122,414$687,115
53$1,222,263$207,132$34,483$649,973
54$1,252,003$122,350$0$608,801
55$1,281,786$30,424$0$572,185
56$1,311,522$0$0$537,036
57$1,341,110$0$0$532,899
58$1,370,434$0$0$543,990
59$1,399,363$0$0$554,849
60$1,427,751$0$0$565,410
61$1,455,433$0$0$575,598
62$1,482,223$0$0$585,329
63$1,507,913$0$0$594,511
64$1,532,271$0$0$603,037
65$1,555,035$0$0$610,791
66$1,575,915$0$0$617,643
67$1,594,586$0$0$623,447
68$1,610,687$0$0$628,042
69$1,623,813$0$0$631,246
70$1,633,517$0$0$632,861
71$1,639,299$0$0$632,663
72$1,640,604$0$0$630,405
73$1,636,817$0$0$625,814
74$1,627,253$0$0$618,583
75$1,611,152$0$0$608,377
76$1,587,674$0$0$594,820
77$1,555,885$0$0$577,499
78$1,514,751$0$0$555,955
79$1,463,127$0$0$529,679
80$1,399,743$0$0$498,108
81$1,323,197$0$0$460,622
82$1,231,935$0$0$416,530
83$1,124,238$0$0$365,072
84$998,205$0$0$305,406
85$851,734$0$0$236,602
86$682,502$0$0$157,631
87$487,942$0$0$67,358
88$265,214$0$0$0
89$11,185$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0