Can I retire at age 40 with 785,000?

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 $785,000?

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$64,825$64,247$63,684$63,134$62,597$61,084
2 years$32,091$31,494$30,914$30,353$29,808$28,293
3 years$21,182$20,581$20,004$19,447$18,911$17,441
4 years$15,728$15,130$14,558$14,011$13,488$12,074
5 years$12,457$11,862$11,297$10,762$10,253$8,900
6 years$10,276$9,686$9,130$8,606$8,113$6,821
7 years$8,720$8,134$7,587$7,076$6,598$5,368
8 years$7,553$6,973$6,434$5,936$5,474$4,305
9 years$6,646$6,071$5,542$5,056$4,610$3,502
10 years$5,920$5,351$4,832$4,358$3,928$2,879
11 years$5,327$4,764$4,254$3,793$3,378$2,387
12 years$4,833$4,276$3,775$3,327$2,927$1,992
13 years$4,416$3,864$3,373$2,937$2,553$1,672
14 years$4,058$3,512$3,030$2,607$2,238$1,409
15 years$3,749$3,209$2,736$2,325$1,970$1,192
16 years$3,478$2,944$2,481$2,082$1,741$1,012
17 years$3,239$2,711$2,257$1,871$1,544$861
18 years$3,027$2,505$2,061$1,686$1,373$734
19 years$2,838$2,322$1,886$1,523$1,224$626
20 years$2,668$2,158$1,731$1,380$1,093$536
21 years$2,514$2,010$1,592$1,252$978$459
22 years$2,375$1,876$1,468$1,138$877$393
23 years$2,247$1,755$1,355$1,037$787$337
24 years$2,131$1,644$1,253$946$707$290
25 years$2,024$1,543$1,161$864$636$249
26 years$1,925$1,450$1,077$790$573$214
27 years$1,834$1,365$1,000$723$517$184
28 years$1,750$1,286$929$662$466$158
29 years$1,671$1,213$865$607$421$136
30 years$1,598$1,146$806$557$381$118
31 years$1,530$1,083$751$512$344$101
32 years$1,466$1,025$701$470$311$87
33 years$1,406$970$654$433$282$75
34 years$1,350$920$611$398$255$65
35 years$1,297$872$571$366$231$56
36 years$1,247$828$535$337$209$48
37 years$1,200$786$500$311$190$42
38 years$1,155$747$469$287$172$36
39 years$1,113$711$439$264$156$31
40 years$1,073$676$411$244$141$27
41 years$1,035$644$386$225$128$23
42 years$999$613$362$208$116$20
43 years$965$584$340$192$106$17
44 years$933$557$319$177$96$15
45 years$902$531$299$163$87$13
46 years$872$506$281$151$79$11
47 years$844$483$264$139$72$9
48 years$817$461$248$129$65$8
49 years$791$441$233$119$59$7
50 years$766$421$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 $785,000, adding $2,266 every year, while hoping to spend $21,385 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: 47/41/12 Blend
39$785,000$785,000$785,000$785,000
40$867,407$825,802$813,635$905,173
41$933,129$843,513$818,138$949,197
42$1,004,838$861,375$822,076$994,560
43$1,083,122$879,373$825,406$1,043,313
44$1,168,629$897,490$828,085$1,095,779
45$1,262,070$915,708$830,067$1,152,314
46$1,364,231$934,008$831,304$1,213,310
47$1,475,976$952,367$831,745$1,279,198
48$1,598,255$970,763$831,338$1,350,455
49$1,732,116$989,169$830,027$1,427,605
50$1,878,712$1,007,559$827,754$1,511,227
51$2,039,314$1,025,902$824,456$1,601,957
52$2,215,319$1,044,167$820,071$1,700,500
53$2,408,270$1,062,319$814,531$1,807,629
54$2,619,861$1,080,320$807,766$1,924,198
55$2,851,961$1,098,131$799,701$2,051,150
56$3,106,630$1,115,708$790,259$2,189,521
57$3,386,133$1,133,005$779,360$2,340,457
58$3,692,969$1,149,972$766,919$2,505,219
59$4,029,887$1,166,556$752,846$2,685,197
60$4,399,919$1,182,701$737,049$2,881,926
61$4,806,402$1,198,344$719,432$3,097,096
62$5,253,013$1,213,421$699,891$3,332,571
63$5,743,804$1,227,862$678,321$3,590,406
64$6,283,238$1,241,593$654,610$3,872,867
65$6,876,231$1,254,534$628,642$4,182,453
66$7,528,200$1,266,600$600,296$4,521,917
67$8,245,115$1,277,702$569,444$4,894,296
68$9,033,549$1,287,742$535,953$5,302,937
69$9,900,748$1,296,618$499,684$5,751,533
70$10,854,692$1,304,220$460,492$6,244,152
71$11,904,178$1,310,434$418,225$6,785,280
72$13,058,894$1,315,135$372,725$7,379,863
73$14,329,516$1,318,191$323,826$8,033,354
74$15,727,807$1,319,464$271,356$8,751,764
75$17,266,730$1,318,804$215,133$9,541,722
76$18,960,566$1,316,055$154,969$10,410,531
77$20,825,051$1,311,049$90,668$11,366,248
78$22,877,525$1,303,608$22,023$12,417,750
79$25,137,092$1,293,545$0$13,574,827
80$27,624,807$1,280,660$0$14,854,828
81$30,363,865$1,264,741$0$16,266,524
82$33,379,830$1,245,564$0$17,820,236
83$36,700,867$1,222,891$0$19,530,450
84$40,358,013$1,196,470$0$21,413,132
85$44,385,468$1,166,035$0$23,485,881
86$48,820,918$1,131,302$0$25,768,094
87$53,705,890$1,091,975$0$28,281,151
88$59,086,144$1,047,735$0$31,048,618
89$65,012,105$998,248$0$34,096,466
90$71,539,338$943,161$0$37,453,324
91$78,729,073$882,098$0$41,150,742
92$86,648,782$814,664$0$45,223,498
93$95,372,815$740,440$0$49,709,919
94$104,983,104$658,983$0$54,652,252
95$115,569,934$569,827$0$60,097,057
96$127,232,794$472,476$0$66,095,650
97$140,081,321$366,408$0$72,704,592
98$154,236,327$251,074$0$79,986,220
99$169,830,945$125,889$0$88,009,238
100$187,011,883$0$0$96,849,366