Can I retire at age 40 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$62,099$61,546$61,007$60,480$59,966$57,884
2 years$30,742$30,170$29,615$29,077$28,555$26,479
3 years$20,291$19,716$19,163$18,630$18,116$16,112
4 years$15,067$14,494$13,946$13,422$12,921$11,003
5 years$11,933$11,363$10,822$10,309$9,822$7,996
6 years$9,844$9,279$8,746$8,244$7,772$6,038
7 years$8,353$7,792$7,268$6,778$6,321$4,680
8 years$7,235$6,679$6,164$5,686$5,244$3,694
9 years$6,366$5,816$5,309$4,843$4,416$2,956
10 years$5,671$5,126$4,628$4,175$3,763$2,389
11 years$5,103$4,564$4,075$3,633$3,236$1,947
12 years$4,630$4,096$3,616$3,187$2,804$1,596
13 years$4,230$3,702$3,231$2,814$2,445$1,315
14 years$3,888$3,365$2,903$2,498$2,144$1,088
15 years$3,591$3,074$2,621$2,227$1,887$903
16 years$3,332$2,820$2,376$1,994$1,668$752
17 years$3,103$2,597$2,162$1,792$1,479$627
18 years$2,900$2,400$1,974$1,615$1,315$524
19 years$2,719$2,224$1,807$1,459$1,172$438
20 years$2,556$2,067$1,658$1,322$1,047$367
21 years$2,409$1,925$1,525$1,199$937$308
22 years$2,275$1,797$1,406$1,091$840$259
23 years$2,153$1,681$1,298$993$754$217
24 years$2,041$1,575$1,201$906$678$183
25 years$1,939$1,478$1,112$827$610$153
26 years$1,844$1,389$1,031$756$549$129
27 years$1,757$1,307$958$692$495$109
28 years$1,676$1,232$890$634$447$91
29 years$1,601$1,162$828$582$403$77
30 years$1,531$1,097$772$534$365$65
31 years$1,465$1,037$719$490$330$55
32 years$1,404$982$671$451$298$46
33 years$1,347$930$627$414$270$39
34 years$1,293$881$586$381$244$33
35 years$1,242$836$547$351$221$28
36 years$1,194$793$512$323$200$23
37 years$1,149$753$479$298$182$20
38 years$1,107$716$449$275$165$17
39 years$1,066$681$421$253$149$14
40 years$1,028$648$394$233$135$12
41 years$992$617$370$215$123$10
42 years$957$587$347$199$112$8
43 years$925$559$325$184$101$7
44 years$893$533$305$169$92$6
45 years$864$509$287$156$83$5
46 years$835$485$269$145$76$4
47 years$808$463$253$134$69$4
48 years$783$442$238$123$62$3
49 years$758$422$224$114$57$3
50 years$734$403$210$105$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $752,000, adding $4,131 every year, while hoping to spend $56,315 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: 38/41/21 Blend
39$752,000$752,000$752,000$752,000
40$832,965$793,109$781,453$859,243
41$858,009$772,053$747,713$857,580
42$883,720$748,077$710,955$850,181
43$910,106$720,980$671,019$841,037
44$937,175$690,547$627,737$830,022
45$964,935$656,551$580,934$817,004
46$993,388$618,752$530,425$801,841
47$1,022,541$576,897$476,021$784,385
48$1,052,393$530,718$417,521$764,478
49$1,082,945$479,932$354,716$741,953
50$1,114,194$424,237$287,388$716,632
51$1,146,136$363,319$215,309$688,328
52$1,178,761$296,841$138,242$656,843
53$1,212,060$224,452$55,938$621,965
54$1,246,017$145,777$0$583,473
55$1,280,613$60,422$0$548,275
56$1,315,824$0$0$522,818
57$1,351,621$0$0$508,801
58$1,387,969$0$0$522,220
59$1,424,827$0$0$535,796
60$1,462,146$0$0$549,507
61$1,499,869$0$0$563,326
62$1,537,931$0$0$577,224
63$1,576,254$0$0$591,169
64$1,614,752$0$0$605,120
65$1,653,325$0$0$619,034
66$1,691,859$0$0$632,861
67$1,730,226$0$0$646,545
68$1,768,278$0$0$660,023
69$1,805,851$0$0$673,222
70$1,842,759$0$0$686,064
71$1,878,792$0$0$698,456
72$1,913,715$0$0$710,298
73$1,947,263$0$0$721,478
74$1,979,141$0$0$731,867
75$2,009,018$0$0$741,326
76$2,036,524$0$0$749,695
77$2,061,248$0$0$756,800
78$2,082,729$0$0$762,445
79$2,100,456$0$0$766,412
80$2,113,856$0$0$768,459
81$2,122,297$0$0$768,316
82$2,125,073$0$0$765,686
83$2,121,401$0$0$760,235
84$2,110,411$0$0$751,597
85$2,091,137$0$0$739,363
86$2,062,509$0$0$723,081
87$2,023,341$0$0$702,249
88$1,972,317$0$0$676,314
89$1,907,981$0$0$644,659
90$1,828,718$0$0$606,606
91$1,732,744$0$0$561,401
92$1,618,081$0$0$508,213
93$1,482,543$0$0$446,120
94$1,323,713$0$0$374,104
95$1,138,915$0$0$291,042
96$925,193$0$0$195,688
97$679,280$0$0$86,670
98$397,566$0$0$0
99$76,059$0$0$0
100$0$0$0$0