Can I retire at age 40 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$63,999$63,429$62,873$62,330$61,800$61,487
2 years$31,683$31,093$30,521$29,966$29,428$29,113
3 years$20,912$20,319$19,749$19,200$18,671$18,362
4 years$15,528$14,937$14,372$13,832$13,316$13,017
5 years$12,298$11,711$11,153$10,624$10,123$9,834
6 years$10,145$9,563$9,014$8,496$8,010$7,731
7 years$8,609$8,031$7,490$6,985$6,514$6,246
8 years$7,456$6,884$6,352$5,860$5,404$5,147
9 years$6,561$5,994$5,471$4,991$4,551$4,305
10 years$5,845$5,283$4,770$4,303$3,878$3,642
11 years$5,259$4,703$4,199$3,745$3,335$3,109
12 years$4,772$4,221$3,727$3,284$2,890$2,675
13 years$4,359$3,815$3,330$2,900$2,520$2,315
14 years$4,006$3,468$2,992$2,574$2,209$2,013
15 years$3,701$3,168$2,701$2,296$1,945$1,759
16 years$3,434$2,906$2,449$2,055$1,719$1,542
17 years$3,198$2,677$2,229$1,847$1,524$1,356
18 years$2,989$2,473$2,034$1,664$1,355$1,196
19 years$2,802$2,292$1,862$1,504$1,208$1,057
20 years$2,634$2,130$1,709$1,362$1,079$936
21 years$2,482$1,984$1,572$1,236$966$830
22 years$2,344$1,852$1,449$1,124$866$738
23 years$2,219$1,732$1,338$1,024$777$656
24 years$2,104$1,623$1,237$934$698$585
25 years$1,998$1,523$1,146$853$628$521
26 years$1,901$1,431$1,063$780$566$465
27 years$1,811$1,347$987$714$510$416
28 years$1,727$1,269$917$654$460$371
29 years$1,650$1,198$854$600$416$332
30 years$1,578$1,131$795$550$376$297
31 years$1,510$1,069$741$505$340$266
32 years$1,447$1,012$692$464$307$238
33 years$1,388$958$646$427$278$214
34 years$1,332$908$603$393$252$192
35 years$1,280$861$564$362$228$172
36 years$1,231$817$528$333$207$154
37 years$1,184$776$494$307$187$138
38 years$1,140$738$463$283$170$124
39 years$1,099$702$433$261$154$111
40 years$1,060$667$406$241$140$100
41 years$1,022$635$381$222$127$90
42 years$987$605$357$205$115$81
43 years$953$577$335$189$104$72
44 years$921$550$315$175$95$65
45 years$890$524$296$161$86$58
46 years$861$500$278$149$78$53
47 years$833$477$261$138$71$47
48 years$807$455$245$127$64$42
49 years$781$435$230$118$58$38
50 years$757$415$217$109$53$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $775,000, adding $4,086 every year, while hoping to spend $23,463 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: 28/49/23 Blend
39$775,000$775,000$775,000$775,000
40$858,265$817,190$805,177$876,010
41$920,843$832,268$807,186$905,306
42$989,018$847,298$808,476$934,422
43$1,063,336$862,253$808,998$965,214
44$1,144,398$877,105$808,701$997,840
45$1,232,865$891,822$807,531$1,032,476
46$1,329,465$906,369$805,431$1,069,314
47$1,435,000$920,711$802,343$1,108,571
48$1,550,353$934,808$798,203$1,150,484
49$1,676,494$948,619$792,949$1,195,315
50$1,814,494$962,099$786,510$1,243,355
51$1,965,531$975,200$778,816$1,294,927
52$2,130,901$987,870$769,792$1,350,386
53$2,312,032$1,000,056$759,360$1,410,126
54$2,510,498$1,011,697$747,437$1,474,583
55$2,728,031$1,022,732$733,938$1,544,239
56$2,966,538$1,033,094$718,773$1,619,627
57$3,228,120$1,042,711$701,848$1,701,337
58$3,515,092$1,051,508$683,064$1,790,020
59$3,830,004$1,059,404$662,318$1,886,396
60$4,175,661$1,066,312$639,503$1,991,263
61$4,555,159$1,072,141$614,506$2,105,500
62$4,971,902$1,076,793$587,210$2,230,082
63$5,429,646$1,080,166$557,491$2,366,083
64$5,932,523$1,082,147$525,220$2,514,692
65$6,485,089$1,082,621$490,264$2,677,223
66$7,092,361$1,081,463$452,481$2,855,126
67$7,759,868$1,078,540$411,725$3,050,005
68$8,493,699$1,073,713$367,842$3,263,630
69$9,300,564$1,066,833$320,672$3,497,956
70$10,187,856$1,057,742$270,049$3,755,145
71$11,163,718$1,046,272$215,796$4,037,582
72$12,237,123$1,032,246$157,732$4,347,901
73$13,417,960$1,015,476$95,666$4,689,010
74$14,717,121$995,763$29,399$5,064,122
75$16,146,607$972,895$0$5,476,783
76$17,719,644$946,650$0$5,941,046
77$19,450,802$916,790$0$6,459,451
78$21,356,136$883,066$0$7,029,600
79$23,453,338$845,211$0$7,656,815
80$25,761,898$802,947$0$8,346,966
81$28,303,296$755,975$0$9,106,529
82$31,101,197$703,983$0$9,942,642
83$34,181,679$646,638$0$10,863,182
84$37,573,478$583,591$0$11,876,836
85$41,308,256$514,470$0$12,993,181
86$45,420,904$438,885$0$14,222,781
87$49,949,866$356,421$0$15,577,287
88$54,937,508$266,640$0$17,069,545
89$60,430,511$169,083$0$18,713,721
90$66,480,316$63,260$0$20,525,437
91$73,143,606$0$0$22,521,917
92$80,482,844$0$0$24,749,839
93$88,566,860$0$0$27,241,599
94$97,471,501$0$0$29,986,487
95$107,280,346$0$0$33,010,291
96$118,085,496$0$0$36,341,426
97$129,988,442$0$0$40,011,205
98$143,101,023$0$0$44,054,135
99$157,546,480$0$0$48,508,240
100$173,460,622$0$0$53,415,422