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%13.2%
1 years$63,999$63,429$62,873$62,330$61,800$60,977
2 years$31,683$31,093$30,521$29,966$29,428$28,601
3 years$20,912$20,319$19,749$19,200$18,671$17,864
4 years$15,528$14,937$14,372$13,832$13,316$12,536
5 years$12,298$11,711$11,153$10,624$10,123$9,372
6 years$10,145$9,563$9,014$8,496$8,010$7,290
7 years$8,609$8,031$7,490$6,985$6,514$5,825
8 years$7,456$6,884$6,352$5,860$5,404$4,745
9 years$6,561$5,994$5,471$4,991$4,551$3,922
10 years$5,845$5,283$4,770$4,303$3,878$3,278
11 years$5,259$4,703$4,199$3,745$3,335$2,765
12 years$4,772$4,221$3,727$3,284$2,890$2,348
13 years$4,359$3,815$3,330$2,900$2,520$2,006
14 years$4,006$3,468$2,992$2,574$2,209$1,722
15 years$3,701$3,168$2,701$2,296$1,945$1,484
16 years$3,434$2,906$2,449$2,055$1,719$1,284
17 years$3,198$2,677$2,229$1,847$1,524$1,113
18 years$2,989$2,473$2,034$1,664$1,355$968
19 years$2,802$2,292$1,862$1,504$1,208$843
20 years$2,634$2,130$1,709$1,362$1,079$736
21 years$2,482$1,984$1,572$1,236$966$643
22 years$2,344$1,852$1,449$1,124$866$563
23 years$2,219$1,732$1,338$1,024$777$493
24 years$2,104$1,623$1,237$934$698$433
25 years$1,998$1,523$1,146$853$628$380
26 years$1,901$1,431$1,063$780$566$334
27 years$1,811$1,347$987$714$510$293
28 years$1,727$1,269$917$654$460$258
29 years$1,650$1,198$854$600$416$227
30 years$1,578$1,131$795$550$376$200
31 years$1,510$1,069$741$505$340$176
32 years$1,447$1,012$692$464$307$155
33 years$1,388$958$646$427$278$137
34 years$1,332$908$603$393$252$121
35 years$1,280$861$564$362$228$106
36 years$1,231$817$528$333$207$94
37 years$1,184$776$494$307$187$83
38 years$1,140$738$463$283$170$73
39 years$1,099$702$433$261$154$64
40 years$1,060$667$406$241$140$57
41 years$1,022$635$381$222$127$50
42 years$987$605$357$205$115$44
43 years$953$577$335$189$104$39
44 years$921$550$315$175$95$35
45 years$890$524$296$161$86$30
46 years$861$500$278$149$78$27
47 years$833$477$261$138$71$24
48 years$807$455$245$127$64$21
49 years$781$435$230$118$58$19
50 years$757$415$217$109$53$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $775,000, adding $5,099 every year, while hoping to spend $57,251 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: 74/12/14 Blend
39$775,000$775,000$775,000$775,000
40$859,310$818,235$806,222$919,949
41$886,045$797,413$772,316$939,918
42$913,588$773,653$735,355$954,205
43$941,961$746,750$695,177$968,313
44$971,187$716,486$651,611$982,209
45$1,001,288$682,634$604,480$995,856
46$1,032,286$644,950$553,597$1,009,216
47$1,064,207$603,180$498,770$1,022,248
48$1,097,071$557,051$439,794$1,034,908
49$1,130,904$506,278$376,459$1,047,148
50$1,165,729$450,558$308,543$1,058,917
51$1,201,569$389,572$235,815$1,070,162
52$1,238,448$322,980$158,034$1,080,825
53$1,276,390$250,426$74,948$1,090,844
54$1,315,418$171,533$0$1,100,152
55$1,355,556$85,903$0$1,110,728
56$1,396,825$0$0$1,132,528
57$1,439,248$0$0$1,155,217
58$1,482,847$0$0$1,190,189
59$1,527,642$0$0$1,226,119
60$1,573,653$0$0$1,263,021
61$1,620,898$0$0$1,300,910
62$1,669,394$0$0$1,339,799
63$1,719,156$0$0$1,379,700
64$1,770,198$0$0$1,420,623
65$1,822,530$0$0$1,462,576
66$1,876,161$0$0$1,505,566
67$1,931,095$0$0$1,549,595
68$1,987,336$0$0$1,594,665
69$2,044,880$0$0$1,640,773
70$2,103,720$0$0$1,687,912
71$2,163,846$0$0$1,736,073
72$2,225,239$0$0$1,785,241
73$2,287,876$0$0$1,835,394
74$2,351,725$0$0$1,886,506
75$2,416,747$0$0$1,938,545
76$2,482,894$0$0$1,991,470
77$2,550,106$0$0$2,045,231
78$2,618,313$0$0$2,099,772
79$2,687,432$0$0$2,155,022
80$2,757,366$0$0$2,210,901
81$2,828,002$0$0$2,267,316
82$2,899,208$0$0$2,324,159
83$2,970,834$0$0$2,381,306
84$3,042,706$0$0$2,438,614
85$3,114,628$0$0$2,495,921
86$3,186,376$0$0$2,553,044
87$3,257,695$0$0$2,609,774
88$3,328,297$0$0$2,665,874
89$3,397,857$0$0$2,721,078
90$3,466,010$0$0$2,775,086
91$3,532,344$0$0$2,827,562
92$3,596,397$0$0$2,878,126
93$3,657,652$0$0$2,926,356
94$3,715,529$0$0$2,971,778
95$3,769,380$0$0$3,013,861
96$3,818,483$0$0$3,052,013
97$3,862,030$0$0$3,085,576
98$3,899,122$0$0$3,113,813
99$3,928,757$0$0$3,135,905
100$3,949,820$0$0$3,150,942