Can I retire at age 40 with 735,000?

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 $735,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$60,696$60,155$59,627$59,113$58,610$58,289
2 years$30,047$29,488$28,945$28,420$27,909$27,586
3 years$19,833$19,271$18,730$18,209$17,707$17,391
4 years$14,726$14,166$13,630$13,118$12,629$12,322
5 years$11,663$11,106$10,578$10,076$9,600$9,304
6 years$9,622$9,069$8,548$8,058$7,596$7,311
7 years$8,164$7,616$7,104$6,625$6,178$5,903
8 years$7,072$6,528$6,025$5,557$5,125$4,862
9 years$6,222$5,684$5,189$4,734$4,316$4,064
10 years$5,543$5,010$4,524$4,081$3,678$3,436
11 years$4,988$4,460$3,983$3,551$3,163$2,932
12 years$4,525$4,003$3,535$3,115$2,741$2,520
13 years$4,134$3,618$3,158$2,750$2,390$2,180
14 years$3,800$3,289$2,837$2,441$2,095$1,895
15 years$3,510$3,004$2,562$2,177$1,845$1,654
16 years$3,256$2,756$2,323$1,949$1,630$1,449
17 years$3,033$2,538$2,113$1,751$1,446$1,274
18 years$2,835$2,346$1,929$1,578$1,285$1,122
19 years$2,657$2,174$1,766$1,426$1,146$991
20 years$2,498$2,020$1,621$1,292$1,023$877
21 years$2,354$1,882$1,491$1,172$916$778
22 years$2,223$1,756$1,374$1,066$821$690
23 years$2,104$1,643$1,269$971$737$614
24 years$1,995$1,539$1,173$885$662$546
25 years$1,895$1,444$1,087$809$596$487
26 years$1,803$1,358$1,008$739$537$434
27 years$1,717$1,278$936$677$484$387
28 years$1,638$1,204$870$620$437$346
29 years$1,565$1,136$810$569$394$309
30 years$1,496$1,073$754$522$356$276
31 years$1,432$1,014$703$479$322$247
32 years$1,372$959$656$440$291$221
33 years$1,316$909$613$405$264$198
34 years$1,264$861$572$373$239$178
35 years$1,214$817$535$343$216$159
36 years$1,167$775$501$316$196$143
37 years$1,123$736$469$291$178$128
38 years$1,082$700$439$268$161$115
39 years$1,042$665$411$247$146$103
40 years$1,005$633$385$228$132$92
41 years$969$603$361$211$120$83
42 years$936$574$339$194$109$74
43 years$904$547$318$179$99$67
44 years$873$521$298$166$90$60
45 years$844$497$280$153$82$54
46 years$817$474$263$141$74$48
47 years$790$452$247$131$67$43
48 years$765$432$232$121$61$39
49 years$741$412$218$111$55$35
50 years$718$394$205$103$50$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $735,000, adding $2,684 every year, while hoping to spend $48,738 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: 45/45/10 Blend
39$735,000$735,000$735,000$735,000
40$812,739$773,784$762,391$846,897
41$843,781$759,842$736,074$856,885
42$876,356$743,584$707,242$862,501
43$910,569$724,844$675,760$867,488
44$946,534$703,448$641,484$871,804
45$984,375$679,211$604,268$875,410
46$1,024,225$651,937$563,956$878,263
47$1,066,234$621,419$520,385$880,322
48$1,110,559$587,439$473,388$881,545
49$1,157,376$549,763$422,786$881,892
50$1,206,875$508,148$368,396$881,322
51$1,259,263$462,334$310,025$879,797
52$1,314,768$412,048$247,470$877,278
53$1,373,636$357,001$180,523$873,730
54$1,436,139$296,886$108,962$869,121
55$1,502,573$231,381$32,560$863,422
56$1,573,261$160,144$0$856,608
57$1,648,558$82,816$0$853,884
58$1,728,853$0$0$854,058
59$1,814,570$0$0$854,161
60$1,906,176$0$0$898,149
61$2,004,180$0$0$945,265
62$2,109,144$0$0$995,785
63$2,221,681$0$0$1,050,013
64$2,342,465$0$0$1,108,281
65$2,472,235$0$0$1,170,953
66$2,611,804$0$0$1,238,432
67$2,762,061$0$0$1,311,157
68$2,923,986$0$0$1,389,611
69$3,098,654$0$0$1,474,326
70$3,287,245$0$0$1,565,886
71$3,491,057$0$0$1,664,932
72$3,711,516$0$0$1,772,170
73$3,950,189$0$0$1,888,374
74$4,208,800$0$0$2,014,398
75$4,489,244$0$0$2,151,179
76$4,793,604$0$0$2,299,747
77$5,124,172$0$0$2,461,238
78$5,483,469$0$0$2,636,899
79$5,874,269$0$0$2,828,102
80$6,299,622$0$0$3,036,358
81$6,762,885$0$0$3,263,331
82$7,267,754$0$0$3,510,848
83$7,818,293$0$0$3,780,923
84$8,418,978$0$0$4,075,774
85$9,074,734$0$0$4,397,838
86$9,790,983$0$0$4,749,803
87$10,573,695$0$0$5,134,625
88$11,429,440$0$0$5,555,560
89$12,365,454$0$0$6,016,192
90$13,389,703$0$0$6,520,468
91$14,510,959$0$0$7,072,735
92$15,738,881$0$0$7,677,779
93$17,084,107$0$0$8,340,873
94$18,558,352$0$0$9,067,820
95$20,174,518$0$0$9,865,015
96$21,946,814$0$0$10,739,502
97$23,890,890$0$0$11,699,036
98$26,023,986$0$0$12,752,161
99$28,365,088$0$0$13,908,290
100$30,935,112$0$0$15,177,790