Can I retire at age 40 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$61,934$61,383$60,844$60,319$59,806$58,008
2 years$30,661$30,090$29,536$29,000$28,479$26,683
3 years$20,237$19,664$19,112$18,580$18,068$16,330
4 years$15,027$14,455$13,909$13,386$12,886$11,219
5 years$11,901$11,333$10,794$10,282$9,796$8,205
6 years$9,818$9,254$8,723$8,222$7,751$6,237
7 years$8,331$7,772$7,249$6,760$6,304$4,867
8 years$7,216$6,662$6,147$5,671$5,230$3,869
9 years$6,349$5,800$5,295$4,830$4,404$3,119
10 years$5,656$5,113$4,616$4,164$3,753$2,540
11 years$5,090$4,551$4,064$3,624$3,227$2,086
12 years$4,618$4,085$3,607$3,179$2,797$1,724
13 years$4,219$3,692$3,222$2,806$2,439$1,432
14 years$3,877$3,356$2,895$2,491$2,138$1,195
15 years$3,581$3,066$2,614$2,222$1,882$1,000
16 years$3,323$2,813$2,370$1,989$1,664$840
17 years$3,095$2,590$2,157$1,787$1,475$706
18 years$2,892$2,394$1,969$1,611$1,312$596
19 years$2,712$2,218$1,802$1,455$1,169$503
20 years$2,549$2,061$1,654$1,318$1,044$425
21 years$2,402$1,920$1,521$1,196$934$360
22 years$2,269$1,792$1,402$1,088$838$305
23 years$2,147$1,676$1,295$991$752$259
24 years$2,036$1,571$1,197$903$676$219
25 years$1,934$1,474$1,109$825$608$186
26 years$1,839$1,385$1,029$754$548$158
27 years$1,752$1,304$955$691$494$135
28 years$1,672$1,228$888$633$446$114
29 years$1,597$1,159$826$580$402$97
30 years$1,527$1,094$770$532$364$83
31 years$1,461$1,035$717$489$329$70
32 years$1,400$979$669$449$297$60
33 years$1,343$927$625$413$269$51
34 years$1,289$879$584$380$244$43
35 years$1,239$833$546$350$221$37
36 years$1,191$791$511$322$200$31
37 years$1,146$751$478$297$181$27
38 years$1,104$714$448$274$164$23
39 years$1,063$679$419$252$149$19
40 years$1,025$646$393$233$135$17
41 years$989$615$369$215$123$14
42 years$955$586$346$198$111$12
43 years$922$558$324$183$101$10
44 years$891$532$305$169$92$9
45 years$861$507$286$156$83$7
46 years$833$484$269$144$76$6
47 years$806$462$252$133$69$5
48 years$780$441$237$123$62$5
49 years$756$421$223$114$57$4
50 years$732$402$210$105$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $750,000, adding $4,645 every year, while hoping to spend $33,261 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: 50/21/29 Blend
39$750,000$750,000$750,000$750,000
40$831,291$791,541$779,916$865,823
41$880,694$794,937$770,654$893,868
42$934,020$797,385$759,967$920,666
43$991,636$798,803$747,772$949,152
44$1,053,943$799,104$733,982$979,500
45$1,121,381$798,196$718,506$1,011,908
46$1,194,436$795,982$701,251$1,046,591
47$1,273,642$792,358$682,115$1,083,792
48$1,359,583$787,213$660,996$1,123,778
49$1,452,905$780,432$637,784$1,166,846
50$1,554,317$771,889$612,366$1,213,325
51$1,664,600$761,454$584,622$1,263,582
52$1,784,612$748,987$554,429$1,318,021
53$1,915,296$734,342$521,657$1,377,091
54$2,057,693$717,362$486,169$1,441,289
55$2,212,946$697,881$447,825$1,511,168
56$2,382,315$675,725$406,474$1,587,338
57$2,567,183$650,708$361,964$1,670,476
58$2,769,077$622,634$314,131$1,761,329
59$2,989,676$591,296$262,807$1,860,727
60$3,230,828$556,474$207,816$1,969,587
61$3,494,567$517,936$148,973$2,088,925
62$3,783,135$475,437$86,086$2,219,862
63$4,098,999$428,718$18,954$2,363,643
64$4,444,876$377,503$0$2,521,640
65$4,823,756$321,504$0$2,711,676
66$5,238,937$260,415$0$2,926,446
67$5,694,044$193,912$0$3,162,007
68$6,193,077$121,653$0$3,420,485
69$6,740,435$43,278$0$3,704,225
70$7,340,966$0$0$4,015,814
71$8,000,012$0$0$4,367,717
72$8,723,454$0$0$4,765,064
73$9,517,772$0$0$5,201,424
74$10,390,102$0$0$5,680,728
75$11,348,308$0$0$6,207,306
76$12,401,051$0$0$6,785,931
77$13,557,873$0$0$7,421,858
78$14,829,286$0$0$8,120,878
79$16,226,872$0$0$8,889,370
80$17,763,388$0$0$9,734,365
81$19,452,893$0$0$10,663,604
82$21,310,872$0$0$11,685,620
83$23,354,390$0$0$12,809,813
84$25,602,246$0$0$14,046,540
85$28,075,152$0$0$15,407,212
86$30,795,932$0$0$16,904,403
87$33,789,730$0$0$18,551,965
88$37,084,254$0$0$20,365,162
89$40,710,029$0$0$22,360,815
90$44,700,694$0$0$24,557,453
91$49,093,311$0$0$26,975,497
92$53,928,719$0$0$29,637,447
93$59,251,918$0$0$32,568,095
94$65,112,491$0$0$35,794,760
95$71,565,073$0$0$39,347,543
96$78,669,869$0$0$43,259,614
97$86,493,217$0$0$47,567,523
98$95,108,215$0$0$52,311,544
99$104,595,413$0$0$57,536,058
100$115,043,569$0$0$63,289,968