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%11.6%
1 years$63,999$63,429$62,873$62,330$61,800$61,384
2 years$31,683$31,093$30,521$29,966$29,428$29,010
3 years$20,912$20,319$19,749$19,200$18,671$18,261
4 years$15,528$14,937$14,372$13,832$13,316$12,919
5 years$12,298$11,711$11,153$10,624$10,123$9,740
6 years$10,145$9,563$9,014$8,496$8,010$7,641
7 years$8,609$8,031$7,490$6,985$6,514$6,160
8 years$7,456$6,884$6,352$5,860$5,404$5,064
9 years$6,561$5,994$5,471$4,991$4,551$4,225
10 years$5,845$5,283$4,770$4,303$3,878$3,566
11 years$5,259$4,703$4,199$3,745$3,335$3,037
12 years$4,772$4,221$3,727$3,284$2,890$2,606
13 years$4,359$3,815$3,330$2,900$2,520$2,250
14 years$4,006$3,468$2,992$2,574$2,209$1,952
15 years$3,701$3,168$2,701$2,296$1,945$1,700
16 years$3,434$2,906$2,449$2,055$1,719$1,487
17 years$3,198$2,677$2,229$1,847$1,524$1,304
18 years$2,989$2,473$2,034$1,664$1,355$1,147
19 years$2,802$2,292$1,862$1,504$1,208$1,010
20 years$2,634$2,130$1,709$1,362$1,079$892
21 years$2,482$1,984$1,572$1,236$966$789
22 years$2,344$1,852$1,449$1,124$866$699
23 years$2,219$1,732$1,338$1,024$777$620
24 years$2,104$1,623$1,237$934$698$551
25 years$1,998$1,523$1,146$853$628$490
26 years$1,901$1,431$1,063$780$566$436
27 years$1,811$1,347$987$714$510$388
28 years$1,727$1,269$917$654$460$346
29 years$1,650$1,198$854$600$416$308
30 years$1,578$1,131$795$550$376$275
31 years$1,510$1,069$741$505$340$245
32 years$1,447$1,012$692$464$307$219
33 years$1,388$958$646$427$278$196
34 years$1,332$908$603$393$252$175
35 years$1,280$861$564$362$228$156
36 years$1,231$817$528$333$207$140
37 years$1,184$776$494$307$187$125
38 years$1,140$738$463$283$170$112
39 years$1,099$702$433$261$154$100
40 years$1,060$667$406$241$140$89
41 years$1,022$635$381$222$127$80
42 years$987$605$357$205$115$72
43 years$953$577$335$189$104$64
44 years$921$550$315$175$95$57
45 years$890$524$296$161$86$51
46 years$861$500$278$149$78$46
47 years$833$477$261$138$71$41
48 years$807$455$245$127$64$37
49 years$781$435$230$118$58$33
50 years$757$415$217$109$53$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $775,000, adding $5,823 every year, while hoping to spend $50,657 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: 52/36/12 Blend
39$775,000$775,000$775,000$775,000
40$860,056$818,981$806,969$901,758
41$893,884$805,213$780,104$917,086
42$929,463$789,072$750,641$927,852
43$966,921$770,389$718,439$938,399
44$1,006,392$748,983$683,353$948,717
45$1,048,027$724,666$645,228$958,803
46$1,091,986$697,235$603,903$968,653
47$1,138,446$666,477$559,212$978,267
48$1,187,601$632,168$510,978$987,648
49$1,239,659$594,067$459,019$996,805
50$1,294,852$551,924$403,144$1,005,751
51$1,353,429$505,471$343,152$1,014,503
52$1,415,667$454,427$278,835$1,023,088
53$1,481,865$398,493$209,976$1,031,537
54$1,552,351$337,356$136,346$1,039,894
55$1,627,486$270,681$57,709$1,048,207
56$1,707,665$198,119$0$1,056,542
57$1,793,317$119,298$0$1,068,328
58$1,884,918$33,826$0$1,088,404
59$1,982,985$0$0$1,109,513
60$2,088,089$0$0$1,155,074
61$2,200,852$0$0$1,218,385
62$2,321,960$0$0$1,286,437
63$2,452,164$0$0$1,359,659
64$2,592,291$0$0$1,438,523
65$2,743,245$0$0$1,523,547
66$2,906,023$0$0$1,615,299
67$3,081,718$0$0$1,714,405
68$3,271,531$0$0$1,821,552
69$3,476,782$0$0$1,937,495
70$3,698,923$0$0$2,063,063
71$3,939,549$0$0$2,199,169
72$4,200,414$0$0$2,346,817
73$4,483,447$0$0$2,507,110
74$4,790,768$0$0$2,681,262
75$5,124,712$0$0$2,870,608
76$5,487,844$0$0$3,076,616
77$5,882,989$0$0$3,300,904
78$6,313,253$0$0$3,545,248
79$6,782,055$0$0$3,811,607
80$7,293,158$0$0$4,102,134
81$7,850,702$0$0$4,419,199
82$8,459,246$0$0$4,765,413
83$9,123,806$0$0$5,143,647
84$9,849,905$0$0$5,557,064
85$10,643,624$0$0$6,009,146
86$11,511,656$0$0$6,503,726
87$12,461,373$0$0$7,045,025
88$13,500,890$0$0$7,637,690
89$14,639,144$0$0$8,286,841
90$15,885,977$0$0$8,998,114
91$17,252,226$0$0$9,777,716
92$18,749,828$0$0$10,632,484
93$20,391,928$0$0$11,569,948
94$22,193,006$0$0$12,598,401
95$24,169,008$0$0$13,726,978
96$26,337,500$0$0$14,965,742
97$28,717,831$0$0$16,325,776
98$31,331,313$0$0$17,819,289
99$34,201,426$0$0$19,459,732
100$37,354,030$0$0$21,261,920