Can I retire at age 40 with 769,000?

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 $769,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$63,503$62,938$62,386$61,847$61,321$59,501
2 years$31,437$30,852$30,284$29,734$29,201$27,382
3 years$20,750$20,162$19,596$19,051$18,526$16,766
4 years$15,407$14,821$14,261$13,725$13,213$11,525
5 years$12,203$11,620$11,067$10,542$10,044$8,433
6 years$10,067$9,489$8,944$8,431$7,948$6,414
7 years$8,542$7,969$7,432$6,931$6,464$5,008
8 years$7,399$6,830$6,303$5,815$5,362$3,983
9 years$6,510$5,947$5,429$4,953$4,516$3,213
10 years$5,800$5,242$4,733$4,269$3,848$2,618
11 years$5,219$4,667$4,167$3,716$3,309$2,151
12 years$4,735$4,189$3,698$3,259$2,868$1,779
13 years$4,326$3,785$3,304$2,877$2,501$1,479
14 years$3,975$3,441$2,969$2,554$2,192$1,235
15 years$3,672$3,143$2,680$2,278$1,930$1,034
16 years$3,407$2,884$2,430$2,040$1,706$869
17 years$3,173$2,656$2,211$1,832$1,512$732
18 years$2,966$2,454$2,019$1,651$1,345$617
19 years$2,780$2,274$1,848$1,492$1,199$522
20 years$2,614$2,114$1,696$1,351$1,071$441
21 years$2,463$1,969$1,560$1,227$958$374
22 years$2,326$1,838$1,438$1,115$859$317
23 years$2,202$1,719$1,327$1,016$771$269
24 years$2,087$1,610$1,228$926$693$229
25 years$1,983$1,511$1,137$846$624$194
26 years$1,886$1,420$1,055$774$562$165
27 years$1,797$1,337$979$708$506$140
28 years$1,714$1,260$910$649$457$119
29 years$1,637$1,188$847$595$413$102
30 years$1,565$1,122$789$546$373$87
31 years$1,498$1,061$736$501$337$74
32 years$1,436$1,004$686$461$305$63
33 years$1,377$951$641$424$276$53
34 years$1,322$901$599$390$250$46
35 years$1,270$855$560$359$226$39
36 years$1,221$811$524$331$205$33
37 years$1,175$770$490$305$186$28
38 years$1,132$732$459$281$168$24
39 years$1,090$696$430$259$153$20
40 years$1,051$662$403$239$139$17
41 years$1,014$630$378$220$126$15
42 years$979$600$355$203$114$13
43 years$946$572$333$188$104$11
44 years$914$545$312$173$94$9
45 years$883$520$293$160$85$8
46 years$854$496$275$148$77$7
47 years$827$473$259$137$70$6
48 years$800$452$243$126$64$5
49 years$775$432$229$117$58$4
50 years$751$412$215$108$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $769,000, adding $3,429 every year, while hoping to spend $29,306 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: 52/37/11 Blend
39$769,000$769,000$769,000$769,000
40$850,975$810,218$798,299$892,602
41$906,593$818,737$793,860$929,875
42$966,902$826,692$788,291$966,962
43$1,032,349$834,023$781,522$1,006,618
44$1,103,427$840,668$773,481$1,049,091
45$1,180,677$846,561$764,093$1,094,659
46$1,264,694$851,631$753,278$1,143,626
47$1,356,134$855,802$740,954$1,196,329
48$1,455,718$858,995$727,035$1,253,140
49$1,564,239$861,124$711,428$1,314,470
50$1,682,571$862,098$694,040$1,380,774
51$1,811,674$861,821$674,771$1,452,554
52$1,952,606$860,191$653,517$1,530,365
53$2,106,531$857,101$630,170$1,614,820
54$2,274,732$852,433$604,615$1,706,596
55$2,458,619$846,067$576,734$1,806,440
56$2,659,747$837,873$546,403$1,915,179
57$2,879,825$827,713$513,492$2,033,725
58$3,120,738$815,442$477,865$2,163,086
59$3,384,561$800,905$439,380$2,304,374
60$3,673,576$783,940$397,890$2,458,818
61$3,990,301$764,373$353,239$2,627,776
62$4,337,505$742,021$305,266$2,812,745
63$4,718,240$716,689$253,802$3,015,380
64$5,135,867$688,173$198,671$3,237,507
65$5,594,087$656,255$139,688$3,481,142
66$6,096,978$620,706$76,662$3,748,510
67$6,649,031$581,282$9,391$4,042,069
68$7,255,194$537,727$0$4,364,530
69$7,920,916$489,768$0$4,726,210
70$8,652,201$437,118$0$5,124,740
71$9,455,663$379,474$0$5,562,688
72$10,338,588$316,515$0$6,044,106
73$11,309,001$247,902$0$6,573,462
74$12,375,748$173,277$0$7,155,683
75$13,548,568$92,262$0$7,796,206
76$14,838,198$4,458$0$8,501,026
77$16,256,461$0$0$9,276,757
78$17,816,387$0$0$10,167,561
79$19,532,331$0$0$11,149,545
80$21,420,110$0$0$12,229,955
81$23,497,150$0$0$13,418,776
82$25,782,652$0$0$14,727,010
83$28,297,772$0$0$16,166,779
84$31,065,821$0$0$17,751,439
85$34,112,484$0$0$19,495,707
86$37,466,062$0$0$21,415,800
87$41,157,739$0$0$23,529,585
88$45,221,876$0$0$25,856,752
89$49,696,336$0$0$28,418,995
90$54,622,839$0$0$31,240,220
91$60,047,355$0$0$34,346,768
92$66,020,541$0$0$37,767,665
93$72,598,215$0$0$41,534,896
94$79,841,885$0$0$45,683,705
95$87,819,327$0$0$50,252,928
96$96,605,225$0$0$55,285,360
97$106,281,877$0$0$60,828,160
98$116,939,969$0$0$66,933,292
99$128,679,433$0$0$73,658,018
100$141,610,387$0$0$81,065,438