Can I retire at age 40 with 781,000?

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 $781,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$64,494$63,920$63,359$62,812$62,278$61,730
2 years$31,928$31,333$30,757$30,198$29,656$29,104
3 years$21,074$20,477$19,902$19,348$18,815$18,276
4 years$15,648$15,052$14,483$13,939$13,419$12,897
5 years$12,393$11,801$11,240$10,707$10,201$9,698
6 years$10,224$9,637$9,083$8,562$8,072$7,588
7 years$8,675$8,093$7,548$7,040$6,564$6,100
8 years$7,514$6,937$6,402$5,905$5,446$5,001
9 years$6,612$6,040$5,514$5,030$4,586$4,160
10 years$5,890$5,324$4,807$4,336$3,908$3,501
11 years$5,300$4,740$4,232$3,774$3,361$2,972
12 years$4,809$4,254$3,756$3,310$2,912$2,542
13 years$4,393$3,844$3,356$2,922$2,540$2,188
14 years$4,037$3,494$3,015$2,594$2,226$1,892
15 years$3,729$3,192$2,722$2,313$1,960$1,643
16 years$3,460$2,929$2,468$2,071$1,732$1,431
17 years$3,223$2,697$2,246$1,861$1,536$1,251
18 years$3,012$2,492$2,050$1,677$1,366$1,096
19 years$2,824$2,310$1,877$1,516$1,217$963
20 years$2,654$2,147$1,722$1,373$1,087$847
21 years$2,501$1,999$1,584$1,246$973$746
22 years$2,363$1,866$1,460$1,133$872$659
23 years$2,236$1,746$1,348$1,032$783$582
24 years$2,120$1,636$1,247$941$704$515
25 years$2,014$1,535$1,155$859$633$456
26 years$1,915$1,443$1,071$786$570$404
27 years$1,825$1,358$995$719$514$358
28 years$1,741$1,279$925$659$464$318
29 years$1,663$1,207$860$604$419$282
30 years$1,590$1,140$801$554$379$251
31 years$1,522$1,077$747$509$342$223
32 years$1,458$1,019$697$468$310$198
33 years$1,399$965$651$430$280$176
34 years$1,343$915$608$396$254$157
35 years$1,290$868$569$365$230$140
36 years$1,240$824$532$336$208$124
37 years$1,194$782$498$309$189$111
38 years$1,149$744$466$285$171$99
39 years$1,107$707$437$263$155$88
40 years$1,068$673$409$242$141$78
41 years$1,030$640$384$224$128$70
42 years$994$610$360$206$116$62
43 years$960$581$338$191$105$55
44 years$928$554$317$176$95$49
45 years$897$528$298$163$87$44
46 years$868$504$280$150$79$39
47 years$840$481$263$139$71$35
48 years$813$459$247$128$65$31
49 years$787$438$232$118$59$28
50 years$763$419$218$109$54$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $781,000, adding $5,563 every year, while hoping to spend $26,764 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: 65/14/21 Blend
39$781,000$781,000$781,000$781,000
40$866,400$825,007$812,902$917,731
41$926,296$836,956$811,657$964,863
42$991,405$848,593$809,474$1,012,808
43$1,062,229$859,875$806,292$1,064,580
44$1,139,323$870,756$802,050$1,120,556
45$1,223,296$881,185$796,681$1,181,151
46$1,314,819$891,109$790,116$1,246,823
47$1,414,630$900,473$782,284$1,318,077
48$1,523,541$909,215$773,109$1,395,469
49$1,642,446$917,270$762,513$1,479,613
50$1,772,330$924,571$750,411$1,571,187
51$1,914,277$931,044$736,719$1,670,937
52$2,069,478$936,611$721,344$1,779,687
53$2,239,249$941,188$704,193$1,898,345
54$2,425,035$944,689$685,166$2,027,912
55$2,628,428$947,019$664,159$2,169,493
56$2,851,183$948,078$641,064$2,324,307
57$3,095,230$947,760$615,766$2,493,695
58$3,362,697$945,954$588,148$2,679,141
59$3,655,926$942,539$558,084$2,882,276
60$3,977,496$937,390$525,446$3,104,903
61$4,330,250$930,371$490,098$3,349,007
62$4,717,317$921,340$451,897$3,616,779
63$5,142,143$910,146$410,696$3,910,635
64$5,608,528$896,629$366,340$4,233,237
65$6,120,653$880,620$318,668$4,587,521
66$6,683,127$861,937$267,510$4,976,725
67$7,301,025$840,391$212,691$5,404,420
68$7,979,940$815,780$154,026$5,874,541
69$8,726,031$787,891$91,324$6,391,429
70$9,546,086$756,498$24,383$6,959,867
71$10,447,582$721,362$0$7,585,131
72$11,438,756$682,229$0$8,283,582
73$12,528,684$638,833$0$9,057,603
74$13,727,365$590,890$0$9,908,845
75$15,045,814$538,102$0$10,845,157
76$16,496,171$480,153$0$11,875,184
77$18,091,808$416,708$0$13,008,458
78$19,847,460$347,414$0$14,255,481
79$21,779,363$271,900$0$15,627,826
80$23,905,405$189,770$0$17,138,249
81$26,245,296$100,609$0$18,800,808
82$28,820,755$3,977$0$20,630,993
83$31,655,712$0$0$22,645,879
84$34,776,534$0$0$24,879,775
85$38,212,276$0$0$27,339,831
86$41,994,953$0$0$30,048,366
87$46,159,841$0$0$33,030,648
88$50,745,812$0$0$36,314,519
89$55,795,698$0$0$39,930,660
90$61,356,698$0$0$43,912,876
91$67,480,820$0$0$48,298,421
92$74,225,373$0$0$53,128,345
93$81,653,508$0$0$58,447,880
94$89,834,813$0$0$64,306,873
95$98,845,969$0$0$70,760,247
96$108,771,476$0$0$77,868,529
97$119,704,445$0$0$85,698,414
98$131,747,484$0$0$94,323,397
99$145,013,657$0$0$103,824,466
100$159,627,560$0$0$114,290,867