Can I retire at age 40 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$64,577$64,002$63,440$62,893$62,358$60,850
2 years$31,969$31,373$30,796$30,237$29,694$28,184
3 years$21,101$20,503$19,927$19,373$18,839$17,374
4 years$15,668$15,072$14,502$13,957$13,436$12,028
5 years$12,409$11,816$11,254$10,720$10,214$8,866
6 years$10,237$9,649$9,095$8,573$8,082$6,795
7 years$8,686$8,103$7,558$7,049$6,573$5,348
8 years$7,524$6,946$6,410$5,913$5,453$4,289
9 years$6,620$6,048$5,521$5,036$4,592$3,488
10 years$5,898$5,331$4,813$4,341$3,913$2,868
11 years$5,307$4,746$4,237$3,778$3,365$2,378
12 years$4,815$4,259$3,761$3,314$2,916$1,985
13 years$4,399$3,849$3,360$2,926$2,543$1,666
14 years$4,043$3,499$3,019$2,597$2,229$1,404
15 years$3,734$3,196$2,726$2,316$1,963$1,188
16 years$3,465$2,933$2,471$2,074$1,735$1,008
17 years$3,227$2,701$2,249$1,863$1,538$857
18 years$3,016$2,496$2,053$1,679$1,368$731
19 years$2,827$2,313$1,879$1,517$1,219$624
20 years$2,658$2,149$1,725$1,374$1,089$534
21 years$2,505$2,002$1,586$1,247$974$457
22 years$2,366$1,869$1,462$1,134$873$392
23 years$2,239$1,748$1,350$1,033$784$336
24 years$2,123$1,638$1,248$942$705$289
25 years$2,016$1,537$1,156$860$634$248
26 years$1,918$1,444$1,072$787$571$213
27 years$1,827$1,359$996$720$515$183
28 years$1,743$1,281$926$660$465$158
29 years$1,665$1,208$861$605$420$136
30 years$1,592$1,141$802$555$379$117
31 years$1,524$1,079$748$510$343$101
32 years$1,460$1,021$698$469$310$87
33 years$1,400$967$652$431$281$75
34 years$1,344$916$609$396$254$65
35 years$1,292$869$569$365$230$56
36 years$1,242$825$533$336$208$48
37 years$1,195$783$498$310$189$41
38 years$1,151$744$467$285$171$36
39 years$1,109$708$437$263$155$31
40 years$1,069$674$410$243$141$27
41 years$1,031$641$384$224$128$23
42 years$996$611$361$207$116$20
43 years$962$582$338$191$105$17
44 years$929$555$318$176$96$15
45 years$898$529$298$163$87$13
46 years$869$504$280$150$79$11
47 years$841$481$263$139$72$9
48 years$814$460$247$128$65$8
49 years$788$439$232$119$59$7
50 years$764$419$219$110$54$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $782,000, adding $6,330 every year, while hoping to spend $51,999 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: 69/11/20 Blend
39$782,000$782,000$782,000$782,000
40$868,293$826,847$814,726$923,508
41$901,533$812,036$786,693$946,381
42$936,420$794,757$755,978$964,709
43$973,068$774,833$722,436$983,491
44$1,011,599$752,078$685,917$1,002,769
45$1,052,148$726,296$646,261$1,022,587
46$1,094,860$697,278$603,304$1,043,000
47$1,139,894$664,802$556,872$1,064,066
48$1,187,422$628,636$506,786$1,085,852
49$1,237,632$588,533$452,857$1,108,435
50$1,290,730$544,230$394,887$1,131,899
51$1,346,941$495,454$332,672$1,156,342
52$1,406,508$441,910$265,995$1,181,872
53$1,469,700$383,292$194,634$1,208,609
54$1,536,809$319,272$118,354$1,236,692
55$1,608,154$249,508$36,910$1,266,272
56$1,684,087$173,635$0$1,297,522
57$1,764,989$91,268$0$1,341,305
58$1,851,281$2,004$0$1,396,264
59$1,943,423$0$0$1,454,813
60$2,041,916$0$0$1,528,734
61$2,147,315$0$0$1,608,124
62$2,260,223$0$0$1,693,201
63$2,381,306$0$0$1,784,469
64$2,511,291$0$0$1,882,480
65$2,650,978$0$0$1,987,843
66$2,801,244$0$0$2,101,223
67$2,963,053$0$0$2,223,353
68$3,137,463$0$0$2,355,036
69$3,325,637$0$0$2,497,154
70$3,528,851$0$0$2,650,679
71$3,748,509$0$0$2,816,676
72$3,986,153$0$0$2,996,317
73$4,243,479$0$0$3,190,891
74$4,522,350$0$0$3,401,812
75$4,824,817$0$0$3,630,639
76$5,153,132$0$0$3,879,085
77$5,509,775$0$0$4,149,033
78$5,897,473$0$0$4,442,555
79$6,319,226$0$0$4,761,932
80$6,778,334$0$0$5,109,671
81$7,278,429$0$0$5,488,534
82$7,823,509$0$0$5,901,558
83$8,417,971$0$0$6,352,085
84$9,066,656$0$0$6,843,797
85$9,774,895$0$0$7,380,742
86$10,548,552$0$0$7,967,381
87$11,394,085$0$0$8,608,621
88$12,318,604$0$0$9,309,868
89$13,329,938$0$0$10,077,072
90$14,436,705$0$0$10,916,785
91$15,648,397$0$0$11,836,222
92$16,975,464$0$0$12,843,329
93$18,429,416$0$0$13,946,854
94$20,022,929$0$0$15,156,434
95$21,769,961$0$0$16,482,682
96$23,685,890$0$0$17,937,287
97$25,787,647$0$0$19,533,122
98$28,093,887$0$0$21,284,369
99$30,625,154$0$0$23,206,647
100$33,404,079$0$0$25,317,163