Can I retire at age 40 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$60,778$60,237$59,709$59,193$58,690$56,675
2 years$30,088$29,528$28,985$28,458$27,947$25,938
3 years$19,860$19,297$18,755$18,233$17,731$15,790
4 years$14,746$14,185$13,649$13,136$12,646$10,789
5 years$11,679$11,121$10,592$10,090$9,613$7,844
6 years$9,635$9,081$8,560$8,069$7,607$5,927
7 years$8,175$7,627$7,113$6,634$6,186$4,596
8 years$7,081$6,537$6,033$5,565$5,132$3,630
9 years$6,231$5,692$5,196$4,740$4,322$2,906
10 years$5,551$5,017$4,530$4,086$3,683$2,351
11 years$4,995$4,467$3,988$3,556$3,167$1,917
12 years$4,532$4,009$3,539$3,119$2,745$1,573
13 years$4,140$3,623$3,162$2,754$2,393$1,297
14 years$3,805$3,293$2,841$2,444$2,098$1,074
15 years$3,515$3,008$2,565$2,180$1,847$892
16 years$3,261$2,760$2,326$1,952$1,633$743
17 years$3,037$2,542$2,116$1,754$1,448$620
18 years$2,838$2,349$1,932$1,581$1,287$518
19 years$2,661$2,177$1,769$1,428$1,147$434
20 years$2,501$2,023$1,623$1,293$1,025$364
21 years$2,357$1,884$1,493$1,174$917$305
22 years$2,226$1,759$1,376$1,067$822$257
23 years$2,107$1,645$1,271$972$738$216
24 years$1,998$1,541$1,175$887$663$181
25 years$1,898$1,446$1,088$810$597$153
26 years$1,805$1,359$1,009$740$538$129
27 years$1,720$1,279$937$678$485$108
28 years$1,640$1,206$871$621$437$91
29 years$1,567$1,137$811$569$395$77
30 years$1,498$1,074$755$523$357$65
31 years$1,434$1,015$704$480$323$55
32 years$1,374$961$657$441$292$46
33 years$1,318$910$613$406$264$39
34 years$1,265$862$573$373$239$33
35 years$1,216$818$536$344$217$28
36 years$1,169$776$501$316$196$23
37 years$1,125$737$469$291$178$20
38 years$1,083$701$439$269$161$17
39 years$1,044$666$412$248$146$14
40 years$1,006$634$386$228$133$12
41 years$971$603$362$211$120$10
42 years$937$575$339$195$109$8
43 years$905$548$318$180$99$7
44 years$874$522$299$166$90$6
45 years$845$498$281$153$82$5
46 years$818$475$264$141$74$4
47 years$791$453$248$131$67$4
48 years$766$433$233$121$61$3
49 years$742$413$219$112$56$3
50 years$719$395$206$103$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $736,000, adding $5,711 every year, while hoping to spend $46,151 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: 72/7/21 Blend
39$736,000$736,000$736,000$736,000
40$816,963$777,955$766,547$871,209
41$851,189$766,970$743,122$897,089
42$887,359$753,901$717,365$919,368
43$925,623$738,595$689,151$942,615
44$966,144$720,894$658,345$966,918
45$1,009,101$700,628$624,809$992,378
46$1,054,688$677,618$588,399$1,019,104
47$1,103,119$651,674$548,963$1,047,218
48$1,154,627$622,595$506,343$1,076,857
49$1,209,466$590,170$460,373$1,108,173
50$1,267,917$554,174$410,881$1,141,332
51$1,330,285$514,369$357,686$1,176,520
52$1,396,906$470,504$300,600$1,213,946
53$1,468,146$422,315$239,426$1,253,838
54$1,544,408$369,520$173,958$1,296,450
55$1,626,134$311,823$103,982$1,342,065
56$1,713,809$248,911$29,275$1,390,996
57$1,807,963$180,453$0$1,443,590
58$1,909,180$106,100$0$1,511,535
59$2,018,101$25,484$0$1,591,689
60$2,135,429$0$0$1,678,013
61$2,261,936$0$0$1,775,850
62$2,398,470$0$0$1,883,588
63$2,545,964$0$0$2,000,002
64$2,705,442$0$0$2,125,907
65$2,878,030$0$0$2,262,193
66$3,064,967$0$0$2,409,843
67$3,267,612$0$0$2,569,936
68$3,487,462$0$0$2,743,659
69$3,726,164$0$0$2,932,316
70$3,985,527$0$0$3,137,344
71$4,267,543$0$0$3,360,321
72$4,574,403$0$0$3,602,985
73$4,908,516$0$0$3,867,249
74$5,272,537$0$0$4,155,215
75$5,669,383$0$0$4,469,200
76$6,102,267$0$0$4,811,750
77$6,574,726$0$0$5,185,672
78$7,090,651$0$0$5,594,052
79$7,654,327$0$0$6,040,289
80$8,270,473$0$0$6,528,125
81$8,944,280$0$0$7,061,680
82$9,681,468$0$0$7,645,489
83$10,488,332$0$0$8,284,548
84$11,371,806$0$0$8,984,356
85$12,339,524$0$0$9,750,970
86$13,399,896$0$0$10,591,061
87$14,562,180$0$0$11,511,974
88$15,836,575$0$0$12,521,799
89$17,234,314$0$0$13,629,448
90$18,767,768$0$0$14,844,736
91$20,450,564$0$0$16,178,474
92$22,297,713$0$0$17,642,569
93$24,325,748$0$0$19,250,140
94$26,552,884$0$0$21,015,635
95$28,999,184$0$0$22,954,974
96$31,686,750$0$0$25,085,691
97$34,639,931$0$0$27,427,105
98$37,885,553$0$0$30,000,496
99$41,453,168$0$0$32,829,313
100$45,375,333$0$0$35,939,385