Can I retire at age 40 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$64,577$64,002$63,440$62,893$62,358$60,193
2 years$31,969$31,373$30,796$30,237$29,694$27,536
3 years$21,101$20,503$19,927$19,373$18,839$16,755
4 years$15,668$15,072$14,502$13,957$13,436$11,442
5 years$12,409$11,816$11,254$10,720$10,214$8,315
6 years$10,237$9,649$9,095$8,573$8,082$6,279
7 years$8,686$8,103$7,558$7,049$6,573$4,867
8 years$7,524$6,946$6,410$5,913$5,453$3,841
9 years$6,620$6,048$5,521$5,036$4,592$3,074
10 years$5,898$5,331$4,813$4,341$3,913$2,485
11 years$5,307$4,746$4,237$3,778$3,365$2,024
12 years$4,815$4,259$3,761$3,314$2,916$1,660
13 years$4,399$3,849$3,360$2,926$2,543$1,368
14 years$4,043$3,499$3,019$2,597$2,229$1,132
15 years$3,734$3,196$2,726$2,316$1,963$939
16 years$3,465$2,933$2,471$2,074$1,735$782
17 years$3,227$2,701$2,249$1,863$1,538$652
18 years$3,016$2,496$2,053$1,679$1,368$545
19 years$2,827$2,313$1,879$1,517$1,219$456
20 years$2,658$2,149$1,725$1,374$1,089$382
21 years$2,505$2,002$1,586$1,247$974$320
22 years$2,366$1,869$1,462$1,134$873$269
23 years$2,239$1,748$1,350$1,033$784$226
24 years$2,123$1,638$1,248$942$705$190
25 years$2,016$1,537$1,156$860$634$160
26 years$1,918$1,444$1,072$787$571$134
27 years$1,827$1,359$996$720$515$113
28 years$1,743$1,281$926$660$465$95
29 years$1,665$1,208$861$605$420$80
30 years$1,592$1,141$802$555$379$67
31 years$1,524$1,079$748$510$343$57
32 years$1,460$1,021$698$469$310$48
33 years$1,400$967$652$431$281$40
34 years$1,344$916$609$396$254$34
35 years$1,292$869$569$365$230$29
36 years$1,242$825$533$336$208$24
37 years$1,195$783$498$310$189$20
38 years$1,151$744$467$285$171$17
39 years$1,109$708$437$263$155$14
40 years$1,069$674$410$243$141$12
41 years$1,031$641$384$224$128$10
42 years$996$611$361$207$116$9
43 years$962$582$338$191$105$7
44 years$929$555$318$176$96$6
45 years$898$529$298$163$87$5
46 years$869$504$280$150$79$4
47 years$841$481$263$139$72$4
48 years$814$460$247$128$65$3
49 years$788$439$232$119$59$3
50 years$764$419$219$110$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $782,000, adding $6,436 every year, while hoping to spend $22,737 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: 61/13/26 Blend
39$782,000$782,000$782,000$782,000
40$868,403$826,957$814,836$914,971
41$932,788$843,286$817,941$963,696
42$1,002,978$859,653$820,388$1,013,828
43$1,079,542$876,035$822,131$1,068,059
44$1,163,104$892,410$823,121$1,126,793
45$1,254,354$908,751$823,308$1,190,476
46$1,354,048$925,030$822,639$1,259,599
47$1,463,021$941,217$821,058$1,334,704
48$1,582,191$957,279$818,506$1,416,389
49$1,712,570$973,181$814,921$1,505,310
50$1,855,271$988,885$810,240$1,602,196
51$2,011,520$1,004,352$804,394$1,707,846
52$2,182,667$1,019,538$797,313$1,823,143
53$2,370,200$1,034,395$788,924$1,949,061
54$2,575,755$1,048,875$779,148$2,086,672
55$2,801,136$1,062,925$767,903$2,237,161
56$3,048,330$1,076,486$755,106$2,401,831
57$3,319,524$1,089,498$740,666$2,582,121
58$3,617,128$1,101,896$724,491$2,779,618
59$3,943,797$1,113,611$706,484$2,996,070
60$4,302,454$1,124,568$686,541$3,233,404
61$4,696,321$1,134,688$664,556$3,493,748
62$5,128,944$1,143,886$640,418$3,779,444
63$5,604,234$1,152,074$614,009$4,093,077
64$6,126,496$1,159,156$585,209$4,437,495
65$6,700,474$1,165,029$553,888$4,815,839
66$7,331,392$1,169,586$519,914$5,231,572
67$8,025,010$1,172,712$483,147$5,688,510
68$8,787,671$1,174,284$443,441$6,190,862
69$9,626,361$1,174,173$400,645$6,743,268
70$10,548,783$1,172,240$354,599$7,350,842
71$11,563,418$1,168,339$305,138$8,019,222
72$12,679,614$1,162,314$252,087$8,754,624
73$13,907,668$1,154,002$195,266$9,563,899
74$15,258,929$1,143,226$134,485$10,454,600
75$16,745,897$1,129,801$69,548$11,435,054
76$18,382,348$1,113,532$248$12,514,438
77$20,183,462$1,094,208$0$13,702,870
78$22,165,961$1,071,611$0$15,031,950
79$24,348,275$1,045,505$0$16,494,925
80$26,750,708$1,015,644$0$18,105,343
81$29,395,635$981,766$0$19,878,206
82$32,307,710$943,592$0$21,830,051
83$35,514,098$900,830$0$23,979,098
84$39,044,735$853,170$0$26,345,427
85$42,932,605$800,282$0$28,951,165
86$47,214,055$741,820$0$31,820,698
87$51,929,136$677,417$0$34,980,898
88$57,121,981$606,684$0$38,461,379
89$62,841,223$529,211$0$42,294,776
90$69,140,451$444,566$0$46,517,054
91$76,078,717$352,290$0$51,167,845
92$83,721,093$251,899$0$56,290,825
93$92,139,286$142,883$0$61,934,127
94$101,412,312$24,703$0$68,150,792
95$111,627,242$0$0$74,999,274
96$122,880,029$0$0$82,558,755
97$135,276,404$0$0$90,890,471
98$148,932,881$0$0$100,069,210
99$163,977,855$0$0$110,181,279
100$180,552,812$0$0$121,321,787