Can I retire at age 40 with 761,000?

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 $761,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$62,843$62,283$61,737$61,204$60,683$59,385
2 years$31,110$30,531$29,969$29,425$28,897$27,595
3 years$20,534$19,952$19,392$18,853$18,333$17,069
4 years$15,247$14,667$14,112$13,582$13,075$11,858
5 years$12,076$11,499$10,952$10,433$9,940$8,773
6 years$9,962$9,390$8,851$8,343$7,865$6,750
7 years$8,453$7,886$7,355$6,859$6,396$5,333
8 years$7,322$6,759$6,238$5,754$5,306$4,295
9 years$6,442$5,885$5,372$4,901$4,469$3,508
10 years$5,739$5,188$4,684$4,225$3,808$2,896
11 years$5,164$4,618$4,124$3,677$3,275$2,412
12 years$4,686$4,145$3,660$3,225$2,838$2,023
13 years$4,281$3,746$3,270$2,847$2,475$1,705
14 years$3,934$3,405$2,938$2,528$2,169$1,444
15 years$3,634$3,110$2,652$2,254$1,910$1,228
16 years$3,372$2,854$2,405$2,018$1,688$1,047
17 years$3,140$2,628$2,188$1,813$1,497$895
18 years$2,935$2,429$1,998$1,634$1,331$767
19 years$2,751$2,251$1,829$1,477$1,186$658
20 years$2,586$2,092$1,678$1,337$1,060$566
21 years$2,437$1,948$1,544$1,214$948$487
22 years$2,302$1,819$1,423$1,104$850$420
23 years$2,179$1,701$1,314$1,005$763$362
24 years$2,066$1,594$1,215$917$686$313
25 years$1,962$1,496$1,125$837$617$270
26 years$1,866$1,406$1,044$765$556$234
27 years$1,778$1,323$969$701$501$202
28 years$1,696$1,246$901$642$452$175
29 years$1,620$1,176$838$589$408$152
30 years$1,549$1,111$781$540$369$131
31 years$1,483$1,050$728$496$334$114
32 years$1,421$993$679$456$302$99
33 years$1,363$941$634$419$273$85
34 years$1,308$892$593$386$247$74
35 years$1,257$846$554$355$224$64
36 years$1,209$803$518$327$203$56
37 years$1,163$762$485$301$184$48
38 years$1,120$724$454$278$167$42
39 years$1,079$689$426$256$151$36
40 years$1,040$655$399$236$137$32
41 years$1,004$624$374$218$124$27
42 years$969$594$351$201$113$24
43 years$936$566$329$186$102$21
44 years$904$540$309$171$93$18
45 years$874$515$290$158$84$16
46 years$845$491$273$146$77$13
47 years$818$468$256$135$70$12
48 years$792$447$241$125$63$10
49 years$767$427$226$115$57$9
50 years$743$408$213$107$52$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $761,000, adding $3,186 every year, while hoping to spend $21,994 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: 49/27/24 Blend
39$761,000$761,000$761,000$761,000
40$841,908$801,575$789,780$877,307
41$904,382$817,451$792,836$918,197
42$972,490$833,368$795,257$960,135
43$1,046,785$849,304$797,000$1,005,253
44$1,127,874$865,236$798,016$1,053,860
45$1,216,425$881,141$798,257$1,106,298
46$1,313,173$896,990$797,672$1,162,943
47$1,418,929$912,755$796,206$1,224,212
48$1,534,584$928,404$793,804$1,290,563
49$1,661,121$943,904$790,405$1,362,503
50$1,799,619$959,220$785,947$1,440,588
51$1,951,269$974,311$780,366$1,525,436
52$2,117,383$989,136$773,592$1,617,725
53$2,299,403$1,003,651$765,555$1,718,203
54$2,498,920$1,017,808$756,179$1,827,699
55$2,717,685$1,031,555$745,386$1,947,122
56$2,957,625$1,044,838$733,093$2,077,479
57$3,220,866$1,057,598$719,214$2,219,879
58$3,509,747$1,069,773$703,660$2,375,545
59$3,826,844$1,081,295$686,336$2,545,827
60$4,174,997$1,092,093$667,143$2,732,212
61$4,557,333$1,102,092$645,979$2,936,343
62$4,977,296$1,111,210$622,734$3,160,030
63$5,438,682$1,119,361$597,298$3,405,269
64$5,945,671$1,126,453$569,550$3,674,263
65$6,502,868$1,132,388$539,369$3,969,440
66$7,115,348$1,137,062$506,625$4,293,479
67$7,788,700$1,140,365$471,184$4,649,335
68$8,529,083$1,142,178$432,904$5,040,263
69$9,343,282$1,142,377$391,639$5,469,856
70$10,238,773$1,140,829$347,234$5,942,076
71$11,223,791$1,137,394$299,530$6,461,290
72$12,307,413$1,131,921$248,359$7,032,315
73$13,499,636$1,124,252$193,546$7,660,461
74$14,811,476$1,114,218$134,908$8,351,584
75$16,255,074$1,101,642$72,254$9,112,141
76$17,843,802$1,086,333$5,386$9,949,251
77$19,592,398$1,068,091$0$10,870,764
78$21,517,099$1,046,705$0$11,902,228
79$23,635,798$1,021,948$0$13,038,860
80$25,968,209$993,582$0$14,289,858
81$28,536,054$961,356$0$15,666,879
82$31,363,271$925,002$0$17,182,772
83$34,476,235$884,237$0$18,851,700
84$37,904,010$838,763$0$20,689,271
85$41,678,620$788,264$0$22,712,688
86$45,835,355$732,405$0$24,940,910
87$50,413,101$670,833$0$27,394,836
88$55,454,707$603,173$0$30,097,497
89$61,007,391$529,032$0$33,074,276
90$67,123,181$447,991$0$36,353,150
91$73,859,413$359,610$0$39,964,952
92$81,279,265$263,423$0$43,943,667
93$89,452,357$158,937$0$48,326,745
94$98,455,406$45,634$0$53,155,467
95$108,372,952$0$0$58,475,326
96$119,298,153$0$0$64,359,348
97$131,333,667$0$0$70,856,417
98$144,592,616$0$0$78,014,059
99$159,199,660$0$0$85,899,584
100$175,292,168$0$0$94,587,168