Can I retire at age 40 with 763,000?

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 $763,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$63,008$62,447$61,899$61,365$60,843$59,835
2 years$31,192$30,611$30,048$29,502$28,973$27,960
3 years$20,588$20,005$19,443$18,902$18,381$17,396
4 years$15,287$14,706$14,150$13,618$13,110$12,159
5 years$12,107$11,529$10,981$10,460$9,966$9,052
6 years$9,988$9,415$8,874$8,365$7,886$7,010
7 years$8,475$7,906$7,374$6,877$6,413$5,576
8 years$7,341$6,777$6,254$5,769$5,320$4,522
9 years$6,459$5,901$5,387$4,914$4,480$3,720
10 years$5,754$5,201$4,696$4,236$3,818$3,094
11 years$5,178$4,630$4,134$3,687$3,283$2,596
12 years$4,698$4,156$3,669$3,234$2,845$2,194
13 years$4,292$3,756$3,278$2,855$2,481$1,865
14 years$3,944$3,414$2,945$2,534$2,175$1,592
15 years$3,643$3,119$2,659$2,260$1,915$1,365
16 years$3,380$2,861$2,411$2,024$1,692$1,174
17 years$3,148$2,635$2,194$1,818$1,501$1,012
18 years$2,943$2,435$2,003$1,639$1,334$875
19 years$2,759$2,257$1,834$1,481$1,189$758
20 years$2,593$2,097$1,683$1,341$1,062$657
21 years$2,444$1,953$1,548$1,217$951$571
22 years$2,308$1,823$1,426$1,107$852$497
23 years$2,184$1,705$1,317$1,008$765$433
24 years$2,071$1,598$1,218$919$688$377
25 years$1,967$1,499$1,128$839$619$329
26 years$1,871$1,409$1,046$767$557$287
27 years$1,783$1,326$972$703$502$251
28 years$1,701$1,250$903$644$453$219
29 years$1,624$1,179$841$590$409$192
30 years$1,553$1,113$783$542$370$168
31 years$1,487$1,053$730$497$334$147
32 years$1,425$996$681$457$302$128
33 years$1,366$943$636$420$274$112
34 years$1,312$894$594$387$248$98
35 years$1,260$848$555$356$224$86
36 years$1,212$805$520$328$203$76
37 years$1,166$764$486$302$184$66
38 years$1,123$726$455$279$167$58
39 years$1,082$691$427$257$152$51
40 years$1,043$657$400$237$137$45
41 years$1,006$626$375$219$125$39
42 years$971$596$352$202$113$34
43 years$938$568$330$186$103$30
44 years$907$541$310$172$93$26
45 years$876$516$291$159$85$23
46 years$848$492$273$147$77$20
47 years$820$470$257$135$70$18
48 years$794$448$241$125$63$16
49 years$769$428$227$116$58$14
50 years$745$409$213$107$52$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $763,000, adding $4,564 every year, while hoping to spend $31,724 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: 30/42/28 Blend
39$763,000$763,000$763,000$763,000
40$845,534$805,095$793,268$863,513
41$898,024$810,790$786,089$883,627
42$954,805$815,702$777,605$902,172
43$1,016,281$819,757$767,741$921,495
44$1,082,897$822,880$756,415$941,685
45$1,155,140$824,988$743,543$962,843
46$1,233,548$825,997$729,035$985,084
47$1,318,712$825,813$712,800$1,008,535
48$1,411,283$824,340$694,741$1,033,341
49$1,511,974$821,473$674,755$1,059,664
50$1,621,573$817,103$652,737$1,087,683
51$1,740,946$811,114$628,576$1,117,602
52$1,871,045$803,381$602,156$1,149,648
53$2,012,919$793,773$573,355$1,184,075
54$2,167,721$782,152$542,047$1,221,166
55$2,336,721$768,371$508,099$1,261,238
56$2,521,319$752,273$471,372$1,304,645
57$2,723,052$733,693$431,721$1,351,780
58$2,943,615$712,456$388,996$1,403,084
59$3,184,875$688,377$343,038$1,459,046
60$3,448,885$661,260$293,683$1,520,210
61$3,737,907$630,898$240,757$1,587,184
62$4,054,432$597,071$184,081$1,660,643
63$4,401,204$559,547$123,468$1,741,336
64$4,781,242$518,080$58,720$1,830,098
65$5,197,875$472,412$0$1,927,856
66$5,654,766$422,268$0$2,038,738
67$6,155,952$367,359$0$2,179,710
68$6,705,876$307,377$0$2,334,543
69$7,309,437$242,000$0$2,504,714
70$7,972,027$170,885$0$2,691,855
71$8,699,588$93,673$0$2,897,770
72$9,498,664$9,980$0$3,124,455
73$10,376,465$0$0$3,374,114
74$11,340,932$0$0$3,686,435
75$12,400,817$0$0$4,034,852
76$13,565,758$0$0$4,417,938
77$14,846,375$0$0$4,839,203
78$16,254,367$0$0$5,302,511
79$17,802,625$0$0$5,812,123
80$19,505,351$0$0$6,372,731
81$21,378,190$0$0$6,989,506
82$23,438,382$0$0$7,668,145
83$25,704,922$0$0$8,414,924
84$28,198,738$0$0$9,236,762
85$30,942,888$0$0$10,141,277
86$33,962,779$0$0$11,136,867
87$37,286,407$0$0$12,232,784
88$40,944,616$0$0$13,439,224
89$44,971,395$0$0$14,767,420
90$49,404,194$0$0$16,229,749
91$54,284,279$0$0$17,839,852
92$59,657,119$0$0$19,612,757
93$65,572,818$0$0$21,565,026
94$72,086,584$0$0$23,714,907
95$79,259,253$0$0$26,082,508
96$87,157,859$0$0$28,689,988
97$95,856,269$0$0$31,561,764
98$105,435,878$0$0$34,724,741
99$115,986,379$0$0$38,208,567
100$127,606,607$0$0$42,045,914