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%12.5%
1 years$61,934$61,383$60,844$60,319$59,806$59,181
2 years$30,661$30,090$29,536$29,000$28,479$27,850
3 years$20,237$19,664$19,112$18,580$18,068$17,454
4 years$15,027$14,455$13,909$13,386$12,886$12,292
5 years$11,901$11,333$10,794$10,282$9,796$9,224
6 years$9,818$9,254$8,723$8,222$7,751$7,201
7 years$8,331$7,772$7,249$6,760$6,304$5,776
8 years$7,216$6,662$6,147$5,671$5,230$4,725
9 years$6,349$5,800$5,295$4,830$4,404$3,921
10 years$5,656$5,113$4,616$4,164$3,753$3,292
11 years$5,090$4,551$4,064$3,624$3,227$2,788
12 years$4,618$4,085$3,607$3,179$2,797$2,379
13 years$4,219$3,692$3,222$2,806$2,439$2,042
14 years$3,877$3,356$2,895$2,491$2,138$1,761
15 years$3,581$3,066$2,614$2,222$1,882$1,525
16 years$3,323$2,813$2,370$1,989$1,664$1,325
17 years$3,095$2,590$2,157$1,787$1,475$1,155
18 years$2,892$2,394$1,969$1,611$1,312$1,009
19 years$2,712$2,218$1,802$1,455$1,169$883
20 years$2,549$2,061$1,654$1,318$1,044$775
21 years$2,402$1,920$1,521$1,196$934$681
22 years$2,269$1,792$1,402$1,088$838$599
23 years$2,147$1,676$1,295$991$752$528
24 years$2,036$1,571$1,197$903$676$466
25 years$1,934$1,474$1,109$825$608$411
26 years$1,839$1,385$1,029$754$548$363
27 years$1,752$1,304$955$691$494$321
28 years$1,672$1,228$888$633$446$284
29 years$1,597$1,159$826$580$402$251
30 years$1,527$1,094$770$532$364$223
31 years$1,461$1,035$717$489$329$197
32 years$1,400$979$669$449$297$175
33 years$1,343$927$625$413$269$155
34 years$1,289$879$584$380$244$137
35 years$1,239$833$546$350$221$122
36 years$1,191$791$511$322$200$108
37 years$1,146$751$478$297$181$96
38 years$1,104$714$448$274$164$85
39 years$1,063$679$419$252$149$76
40 years$1,025$646$393$233$135$67
41 years$989$615$369$215$123$60
42 years$955$586$346$198$111$53
43 years$922$558$324$183$101$47
44 years$891$532$305$169$92$42
45 years$861$507$286$156$83$37
46 years$833$484$269$144$76$33
47 years$806$462$252$133$69$29
48 years$780$441$237$123$62$26
49 years$756$421$223$114$57$23
50 years$732$402$210$105$51$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $750,000, adding $2,646 every year, while hoping to spend $49,670 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: 46/43/11 Blend
39$750,000$750,000$750,000$750,000
40$829,229$789,479$777,854$864,698
41$860,962$775,315$751,064$875,333
42$894,267$758,793$721,711$881,545
43$929,252$739,743$689,658$887,166
44$966,034$717,989$654,760$892,159
45$1,004,741$693,342$616,866$896,485
46$1,045,511$665,602$575,818$900,109
47$1,088,496$634,559$531,450$902,992
48$1,133,860$599,990$483,591$905,097
49$1,181,783$561,659$432,061$906,390
50$1,232,461$519,316$376,671$906,836
51$1,286,106$472,697$317,224$906,401
52$1,342,954$421,524$253,516$905,056
53$1,403,259$365,502$185,332$902,772
54$1,467,299$304,320$112,449$899,525
55$1,535,380$237,648$34,632$895,295
56$1,607,836$165,139$0$890,067
57$1,685,031$86,427$0$889,514
58$1,767,366$1,124$0$892,658
59$1,855,278$0$0$895,469
60$1,949,248$0$0$941,138
61$2,049,802$0$0$990,631
62$2,157,517$0$0$1,043,708
63$2,273,026$0$0$1,100,687
64$2,397,024$0$0$1,161,920
65$2,530,272$0$0$1,227,791
66$2,673,607$0$0$1,298,722
67$2,827,947$0$0$1,375,178
68$2,994,302$0$0$1,457,668
69$3,173,778$0$0$1,546,752
70$3,367,594$0$0$1,643,045
71$3,577,087$0$0$1,747,224
72$3,803,728$0$0$1,860,031
73$4,049,131$0$0$1,982,284
74$4,315,075$0$0$2,114,882
75$4,603,512$0$0$2,258,812
76$4,916,592$0$0$2,415,162
77$5,256,676$0$0$2,585,127
78$5,626,365$0$0$2,770,023
79$6,028,517$0$0$2,971,296
80$6,466,279$0$0$3,190,539
81$6,943,113$0$0$3,429,504
82$7,462,828$0$0$3,690,120
83$8,029,617$0$0$3,974,509
84$8,648,094$0$0$4,285,008
85$9,323,339$0$0$4,624,188
86$10,060,942$0$0$4,994,881
87$10,867,059$0$0$5,400,203
88$11,748,468$0$0$5,843,588
89$12,712,628$0$0$6,328,814
90$13,767,756$0$0$6,860,043
91$14,922,898$0$0$7,441,855
92$16,188,016$0$0$8,079,299
93$17,574,079$0$0$8,777,930
94$19,093,170$0$0$9,543,870
95$20,758,594$0$0$10,383,859
96$22,585,006$0$0$11,305,322
97$24,588,547$0$0$12,316,438
98$26,786,994$0$0$13,426,213
99$29,199,932$0$0$14,644,571
100$31,848,929$0$0$15,982,441