Can I retire at age 40 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$63,751$63,183$62,629$62,088$61,560$59,566
2 years$31,560$30,972$30,403$29,850$29,314$27,324
3 years$20,831$20,241$19,672$19,125$18,598$16,674
4 years$15,468$14,879$14,316$13,779$13,264$11,421
5 years$12,250$11,665$11,110$10,583$10,083$8,326
6 years$10,106$9,526$8,979$8,464$7,979$6,309
7 years$8,575$8,000$7,461$6,958$6,489$4,906
8 years$7,428$6,857$6,328$5,837$5,383$3,886
9 years$6,535$5,970$5,450$4,972$4,533$3,121
10 years$5,822$5,263$4,752$4,286$3,863$2,532
11 years$5,239$4,685$4,183$3,730$3,322$2,071
12 years$4,753$4,205$3,712$3,272$2,879$1,705
13 years$4,343$3,800$3,317$2,888$2,510$1,411
14 years$3,991$3,454$2,980$2,564$2,201$1,172
15 years$3,686$3,155$2,691$2,287$1,938$977
16 years$3,420$2,895$2,440$2,047$1,712$817
17 years$3,186$2,666$2,220$1,840$1,518$684
18 years$2,977$2,464$2,026$1,658$1,350$574
19 years$2,791$2,283$1,855$1,498$1,203$483
20 years$2,624$2,122$1,703$1,357$1,075$406
21 years$2,473$1,976$1,566$1,231$962$342
22 years$2,335$1,845$1,443$1,120$862$289
23 years$2,210$1,725$1,333$1,020$774$244
24 years$2,096$1,617$1,232$930$696$206
25 years$1,990$1,517$1,142$849$626$174
26 years$1,893$1,426$1,059$777$564$147
27 years$1,804$1,342$983$711$508$124
28 years$1,721$1,264$914$651$459$105
29 years$1,643$1,193$850$597$414$89
30 years$1,571$1,127$792$548$374$75
31 years$1,504$1,065$739$503$338$64
32 years$1,441$1,008$689$463$306$54
33 years$1,383$954$643$425$277$46
34 years$1,327$904$601$391$251$39
35 years$1,275$858$562$360$227$33
36 years$1,226$814$526$332$206$28
37 years$1,180$773$492$306$187$24
38 years$1,136$735$461$282$169$20
39 years$1,095$699$432$260$153$17
40 years$1,055$665$405$240$139$14
41 years$1,018$633$379$221$126$12
42 years$983$603$356$204$115$10
43 years$949$574$334$188$104$9
44 years$917$547$314$174$94$7
45 years$887$522$294$161$86$6
46 years$858$498$276$148$78$5
47 years$830$475$260$137$71$4
48 years$803$454$244$127$64$4
49 years$778$433$229$117$58$3
50 years$754$414$216$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $772,000, adding $3,115 every year, while hoping to spend $33,163 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: 62/15/23 Blend
39$772,000$772,000$772,000$772,000
40$853,957$813,041$801,075$901,558
41$905,776$817,595$792,626$938,684
42$961,768$821,260$782,782$975,265
43$1,022,325$823,959$771,462$1,014,463
44$1,087,877$825,607$758,581$1,056,541
45$1,158,894$826,116$744,047$1,101,784
46$1,235,898$825,392$727,769$1,150,511
47$1,319,457$823,335$709,647$1,203,072
48$1,410,201$819,837$689,580$1,259,857
49$1,508,820$814,788$667,459$1,321,292
50$1,616,074$808,066$643,173$1,387,853
51$1,732,798$799,546$616,604$1,460,063
52$1,859,912$789,093$587,629$1,538,499
53$1,998,429$776,564$556,120$1,623,800
54$2,149,462$761,808$521,943$1,716,672
55$2,314,236$744,666$484,958$1,817,894
56$2,494,102$724,969$445,017$1,928,326
57$2,690,544$702,536$401,969$2,048,919
58$2,905,198$677,178$355,653$2,180,723
59$3,139,863$648,695$305,903$2,324,895
60$3,396,522$616,874$252,543$2,482,716
61$3,677,356$581,490$195,392$2,655,597
62$3,984,768$542,305$134,260$2,845,098
63$4,321,405$499,068$68,948$3,052,940
64$4,690,180$451,514$0$3,281,024
65$5,094,301$399,361$0$3,531,629
66$5,537,303$342,313$0$3,824,957
67$6,023,078$280,056$0$4,146,677
68$6,555,913$212,260$0$4,499,666
69$7,140,528$138,573$0$4,887,095
70$7,782,126$58,627$0$5,312,458
71$8,486,435$0$0$5,779,609
72$9,259,764$0$0$6,297,409
73$10,109,067$0$0$6,876,765
74$11,041,999$0$0$7,513,232
75$12,066,998$0$0$8,212,573
76$13,193,356$0$0$8,981,135
77$14,431,312$0$0$9,825,913
78$15,792,144$0$0$10,754,613
79$17,288,280$0$0$11,775,724
80$18,933,410$0$0$12,898,598
81$20,742,617$0$0$14,133,541
82$22,732,520$0$0$15,491,905
83$24,921,430$0$0$16,986,200
84$27,329,519$0$0$18,630,208
85$29,979,016$0$0$20,439,114
86$32,894,411$0$0$22,429,650
87$36,102,688$0$0$24,620,252
88$39,633,581$0$0$27,031,233
89$43,519,850$0$0$29,684,975
90$47,797,593$0$0$32,606,140
91$52,506,586$0$0$35,821,903
92$57,690,655$0$0$39,362,206
93$63,398,094$0$0$43,260,045
94$69,682,116$0$0$47,551,774
95$76,601,357$0$0$52,277,454
96$84,220,428$0$0$57,481,229
97$92,610,525$0$0$63,211,740
98$101,850,099$0$0$69,522,588
99$112,025,599$0$0$76,472,834
100$123,232,284$0$0$84,127,562