Can I retire at age 40 with 785,000?

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 $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%18%
1 years$64,825$64,247$63,684$63,134$62,597$60,569
2 years$32,091$31,494$30,914$30,353$29,808$27,784
3 years$21,182$20,581$20,004$19,447$18,911$16,955
4 years$15,728$15,130$14,558$14,011$13,488$11,613
5 years$12,457$11,862$11,297$10,762$10,253$8,466
6 years$10,276$9,686$9,130$8,606$8,113$6,415
7 years$8,720$8,134$7,587$7,076$6,598$4,989
8 years$7,553$6,973$6,434$5,936$5,474$3,952
9 years$6,646$6,071$5,542$5,056$4,610$3,174
10 years$5,920$5,351$4,832$4,358$3,928$2,575
11 years$5,327$4,764$4,254$3,793$3,378$2,106
12 years$4,833$4,276$3,775$3,327$2,927$1,734
13 years$4,416$3,864$3,373$2,937$2,553$1,435
14 years$4,058$3,512$3,030$2,607$2,238$1,192
15 years$3,749$3,209$2,736$2,325$1,970$993
16 years$3,478$2,944$2,481$2,082$1,741$830
17 years$3,239$2,711$2,257$1,871$1,544$696
18 years$3,027$2,505$2,061$1,686$1,373$584
19 years$2,838$2,322$1,886$1,523$1,224$491
20 years$2,668$2,158$1,731$1,380$1,093$413
21 years$2,514$2,010$1,592$1,252$978$348
22 years$2,375$1,876$1,468$1,138$877$294
23 years$2,247$1,755$1,355$1,037$787$248
24 years$2,131$1,644$1,253$946$707$209
25 years$2,024$1,543$1,161$864$636$177
26 years$1,925$1,450$1,077$790$573$149
27 years$1,834$1,365$1,000$723$517$126
28 years$1,750$1,286$929$662$466$107
29 years$1,671$1,213$865$607$421$90
30 years$1,598$1,146$806$557$381$77
31 years$1,530$1,083$751$512$344$65
32 years$1,466$1,025$701$470$311$55
33 years$1,406$970$654$433$282$46
34 years$1,350$920$611$398$255$39
35 years$1,297$872$571$366$231$33
36 years$1,247$828$535$337$209$28
37 years$1,200$786$500$311$190$24
38 years$1,155$747$469$287$172$20
39 years$1,113$711$439$264$156$17
40 years$1,073$676$411$244$141$15
41 years$1,035$644$386$225$128$12
42 years$999$613$362$208$116$10
43 years$965$584$340$192$106$9
44 years$933$557$319$177$96$7
45 years$902$531$299$163$87$6
46 years$872$506$281$151$79$5
47 years$844$483$264$139$72$5
48 years$817$461$248$129$65$4
49 years$791$441$233$119$59$3
50 years$766$421$219$110$54$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $785,000, adding $4,288 every year, while hoping to spend $52,190 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: 64/16/20 Blend
39$785,000$785,000$785,000$785,000
40$869,493$827,888$815,721$920,445
41$902,652$812,925$787,517$940,276
42$937,443$795,479$756,620$955,639
43$973,979$775,374$722,884$971,203
44$1,012,381$752,423$686,156$986,992
45$1,052,779$726,428$646,278$1,003,031
46$1,095,319$697,179$603,084$1,019,354
47$1,140,154$664,454$556,401$1,035,997
48$1,187,456$628,018$506,046$1,053,002
49$1,237,409$587,624$451,832$1,070,421
50$1,290,216$543,008$393,559$1,088,310
51$1,346,097$493,894$331,022$1,106,737
52$1,405,292$439,989$264,005$1,125,776
53$1,468,065$380,981$192,282$1,145,516
54$1,534,703$316,545$115,619$1,166,056
55$1,605,520$246,333$33,769$1,187,508
56$1,680,861$169,980$0$1,210,002
57$1,761,100$87,101$0$1,245,115
58$1,846,651$0$0$1,290,014
59$1,937,965$0$0$1,338,207
60$2,035,536$0$0$1,406,121
61$2,139,906$0$0$1,478,801
62$2,251,669$0$0$1,556,667
63$2,371,476$0$0$1,640,176
64$2,500,044$0$0$1,729,832
65$2,638,156$0$0$1,826,188
66$2,786,673$0$0$1,929,849
67$2,946,541$0$0$2,041,481
68$3,118,797$0$0$2,161,815
69$3,304,582$0$0$2,291,655
70$3,505,150$0$0$2,431,883
71$3,721,875$0$0$2,583,467
72$3,956,271$0$0$2,747,475
73$4,210,000$0$0$2,925,077
74$4,484,891$0$0$3,117,561
75$4,782,953$0$0$3,326,344
76$5,106,397$0$0$3,552,982
77$5,457,652$0$0$3,799,189
78$5,839,393$0$0$4,066,849
79$6,254,562$0$0$4,358,035
80$6,706,393$0$0$4,675,027
81$7,198,448$0$0$5,020,336
82$7,734,644$0$0$5,396,722
83$8,319,294$0$0$5,807,225
84$8,957,144$0$0$6,255,191
85$9,653,416$0$0$6,744,302
86$10,413,862$0$0$7,278,611
87$11,244,811$0$0$7,862,581
88$12,153,231$0$0$8,501,125
89$13,146,796$0$0$9,199,652
90$14,233,954$0$0$9,964,118
91$15,424,006$0$0$10,801,082
92$16,727,197$0$0$11,717,766
93$18,154,807$0$0$12,722,124
94$19,719,258$0$0$13,822,914
95$21,434,232$0$0$15,029,783
96$23,314,797$0$0$16,353,356
97$25,377,549$0$0$17,805,335
98$27,640,768$0$0$19,398,611
99$30,124,588$0$0$21,147,380
100$32,851,189$0$0$23,067,282