Can I retire at age 40 with 519,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $519,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$42,859$42,477$42,104$41,741$41,386$40,751
2 years$21,217$20,822$20,439$20,068$19,708$19,069
3 years$14,004$13,607$13,225$12,858$12,503$11,881
4 years$10,398$10,003$9,625$9,263$8,917$8,317
5 years$8,236$7,842$7,469$7,115$6,779$6,202
6 years$6,794$6,404$6,036$5,690$5,364$4,811
7 years$5,765$5,378$5,016$4,678$4,362$3,833
8 years$4,993$4,610$4,254$3,924$3,619$3,114
9 years$4,394$4,014$3,664$3,343$3,048$2,566
10 years$3,914$3,538$3,194$2,881$2,597$2,138
11 years$3,522$3,150$2,812$2,508$2,233$1,798
12 years$3,196$2,827$2,496$2,200$1,935$1,522
13 years$2,919$2,555$2,230$1,942$1,688$1,296
14 years$2,683$2,322$2,004$1,724$1,479$1,109
15 years$2,478$2,121$1,809$1,537$1,303$952
16 years$2,299$1,946$1,640$1,376$1,151$821
17 years$2,142$1,792$1,492$1,237$1,021$709
18 years$2,002$1,656$1,362$1,115$908$614
19 years$1,876$1,535$1,247$1,007$809$533
20 years$1,764$1,426$1,145$912$723$464
21 years$1,662$1,329$1,053$828$647$404
22 years$1,570$1,240$970$753$580$352
23 years$1,486$1,160$896$685$520$307
24 years$1,409$1,087$829$625$468$269
25 years$1,338$1,020$767$571$421$235
26 years$1,273$959$712$522$379$205
27 years$1,213$902$661$478$342$180
28 years$1,157$850$614$438$308$158
29 years$1,105$802$572$401$278$138
30 years$1,056$757$533$368$252$121
31 years$1,011$716$497$338$227$106
32 years$969$677$463$311$206$93
33 years$929$642$433$286$186$82
34 years$892$608$404$263$169$72
35 years$857$577$378$242$153$63
36 years$824$547$353$223$138$55
37 years$793$520$331$206$125$49
38 years$764$494$310$189$114$43
39 years$736$470$290$175$103$38
40 years$710$447$272$161$94$33
41 years$685$426$255$149$85$29
42 years$661$405$239$137$77$26
43 years$638$386$225$127$70$22
44 years$617$368$211$117$63$20
45 years$596$351$198$108$58$17
46 years$577$335$186$100$52$15
47 years$558$320$175$92$47$13
48 years$540$305$164$85$43$12
49 years$523$291$154$79$39$10
50 years$507$278$145$73$36$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $519,000, adding $6,266 every year, while hoping to spend $22,536 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: 52/24/24 Blend
39$519,000$519,000$519,000$519,000
40$578,401$550,894$542,850$604,318
41$613,420$553,910$537,057$625,925
42$651,256$556,318$530,315$646,595
43$692,171$558,065$522,568$668,616
44$736,456$559,094$513,758$692,126
45$784,430$559,345$503,824$717,276
46$836,441$558,752$492,702$744,235
47$892,876$557,249$480,325$773,190
48$954,158$554,762$466,624$804,349
49$1,020,751$551,215$451,525$837,940
50$1,093,169$546,526$434,953$874,218
51$1,171,976$540,609$416,827$913,464
52$1,257,790$533,372$397,064$955,990
53$1,351,295$524,718$375,576$1,002,141
54$1,453,242$514,544$352,272$1,052,299
55$1,564,458$502,741$327,058$1,106,886
56$1,685,851$489,194$299,833$1,166,371
57$1,818,423$473,780$270,493$1,231,270
58$1,963,277$456,370$238,930$1,302,155
59$2,121,627$436,828$205,029$1,379,661
60$2,294,809$415,008$168,673$1,464,486
61$2,484,293$390,757$129,738$1,557,404
62$2,691,700$363,913$88,093$1,659,271
63$2,918,814$334,306$43,605$1,771,033
64$3,167,600$301,753$0$1,893,736
65$3,440,220$266,064$0$2,029,525
66$3,739,057$227,036$0$2,190,666
67$4,066,736$184,456$0$2,367,432
68$4,426,146$138,097$0$2,561,421
69$4,820,471$87,722$0$2,774,397
70$5,253,218$33,079$0$3,008,305
71$5,728,247$0$0$3,265,292
72$6,249,815$0$0$3,554,618
73$6,822,607$0$0$3,882,007
74$7,451,786$0$0$4,241,682
75$8,143,040$0$0$4,636,900
76$8,902,633$0$0$5,071,252
77$9,737,469$0$0$5,548,691
78$10,655,150$0$0$6,073,575
79$11,664,056$0$0$6,650,702
80$12,773,416$0$0$7,285,362
81$13,993,399$0$0$7,983,380
82$15,335,208$0$0$8,751,175
83$16,811,188$0$0$9,595,821
84$18,434,940$0$0$10,525,109
85$20,221,448$0$0$11,547,626
86$22,187,223$0$0$12,672,831
87$24,350,458$0$0$13,911,149
88$26,731,197$0$0$15,274,065
89$29,351,527$0$0$16,774,233
90$32,235,783$0$0$18,425,599
91$35,410,781$0$0$20,243,525
92$38,906,068$0$0$22,244,944
93$42,754,201$0$0$24,448,510
94$46,991,054$0$0$26,874,779
95$51,656,158$0$0$29,546,401
96$56,793,072$0$0$32,488,337
97$62,449,791$0$0$35,728,088
98$68,679,207$0$0$39,295,961
99$75,539,599$0$0$43,225,351
100$83,095,187$0$0$47,553,056