Can I retire at age 40 with 519,000?

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 $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%13.5%
1 years$42,859$42,477$42,104$41,741$41,386$40,784
2 years$21,217$20,822$20,439$20,068$19,708$19,103
3 years$14,004$13,607$13,225$12,858$12,503$11,914
4 years$10,398$10,003$9,625$9,263$8,917$8,348
5 years$8,236$7,842$7,469$7,115$6,779$6,231
6 years$6,794$6,404$6,036$5,690$5,364$4,839
7 years$5,765$5,378$5,016$4,678$4,362$3,860
8 years$4,993$4,610$4,254$3,924$3,619$3,139
9 years$4,394$4,014$3,664$3,343$3,048$2,590
10 years$3,914$3,538$3,194$2,881$2,597$2,161
11 years$3,522$3,150$2,812$2,508$2,233$1,819
12 years$3,196$2,827$2,496$2,200$1,935$1,542
13 years$2,919$2,555$2,230$1,942$1,688$1,315
14 years$2,683$2,322$2,004$1,724$1,479$1,126
15 years$2,478$2,121$1,809$1,537$1,303$969
16 years$2,299$1,946$1,640$1,376$1,151$836
17 years$2,142$1,792$1,492$1,237$1,021$724
18 years$2,002$1,656$1,362$1,115$908$628
19 years$1,876$1,535$1,247$1,007$809$546
20 years$1,764$1,426$1,145$912$723$475
21 years$1,662$1,329$1,053$828$647$414
22 years$1,570$1,240$970$753$580$362
23 years$1,486$1,160$896$685$520$316
24 years$1,409$1,087$829$625$468$277
25 years$1,338$1,020$767$571$421$242
26 years$1,273$959$712$522$379$213
27 years$1,213$902$661$478$342$186
28 years$1,157$850$614$438$308$164
29 years$1,105$802$572$401$278$144
30 years$1,056$757$533$368$252$126
31 years$1,011$716$497$338$227$111
32 years$969$677$463$311$206$97
33 years$929$642$433$286$186$86
34 years$892$608$404$263$169$75
35 years$857$577$378$242$153$66
36 years$824$547$353$223$138$58
37 years$793$520$331$206$125$51
38 years$764$494$310$189$114$45
39 years$736$470$290$175$103$40
40 years$710$447$272$161$94$35
41 years$685$426$255$149$85$31
42 years$661$405$239$137$77$27
43 years$638$386$225$127$70$24
44 years$617$368$211$117$63$21
45 years$596$351$198$108$58$19
46 years$577$335$186$100$52$16
47 years$558$320$175$92$47$14
48 years$540$305$164$85$43$13
49 years$523$291$154$79$39$11
50 years$507$278$145$73$36$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $519,000, adding $4,991 every year, while hoping to spend $31,286 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: 27/45/28 Blend
39$519,000$519,000$519,000$519,000
40$577,086$549,579$541,535$587,541
41$602,661$543,221$526,388$590,032
42$629,796$535,502$509,685$589,691
43$658,617$526,323$491,342$588,689
44$689,262$515,579$471,268$586,992
45$721,882$503,158$449,370$584,565
46$756,642$488,941$425,553$581,374
47$793,723$472,802$399,712$577,384
48$833,323$454,610$371,743$572,560
49$875,660$434,224$341,535$566,869
50$920,972$411,495$308,970$560,277
51$969,519$386,266$273,928$552,754
52$1,021,587$358,371$236,283$544,269
53$1,077,492$327,635$195,902$534,795
54$1,137,578$293,870$152,646$524,307
55$1,202,224$256,883$106,372$512,783
56$1,271,844$216,464$56,929$500,206
57$1,346,897$172,394$4,161$486,563
58$1,427,882$124,443$0$471,845
59$1,515,351$72,366$0$471,634
60$1,609,910$15,905$0$472,694
61$1,712,223$0$0$473,850
62$1,823,022$0$0$497,572
63$1,943,112$0$0$531,891
64$2,073,377$0$0$569,192
65$2,214,788$0$0$609,765
66$2,368,416$0$0$653,925
67$2,535,438$0$0$702,021
68$2,717,147$0$0$754,437
69$2,914,968$0$0$811,595
70$3,130,467$0$0$873,959
71$3,365,371$0$0$942,042
72$3,621,575$0$0$1,016,405
73$3,901,170$0$0$1,097,669
74$4,206,455$0$0$1,186,517
75$4,539,961$0$0$1,283,698
76$4,904,474$0$0$1,390,041
77$5,303,064$0$0$1,506,456
78$5,739,106$0$0$1,633,947
79$6,216,322$0$0$1,773,617
80$6,738,806$0$0$1,926,684
81$7,311,069$0$0$2,094,486
82$7,938,077$0$0$2,278,499
83$8,625,301$0$0$2,480,348
84$9,378,763$0$0$2,701,824
85$10,205,100$0$0$2,944,897
86$11,111,619$0$0$3,211,739
87$12,106,369$0$0$3,504,743
88$13,198,216$0$0$3,826,544
89$14,396,928$0$0$4,180,044
90$15,713,261$0$0$4,568,442
91$17,159,068$0$0$4,995,261
92$18,747,403$0$0$5,464,381
93$20,492,649$0$0$5,980,079
94$22,410,650$0$0$6,547,066
95$24,518,861$0$0$7,170,532
96$26,836,512$0$0$7,856,195
97$29,384,791$0$0$8,610,354
98$32,187,040$0$0$9,439,952
99$35,268,976$0$0$10,352,636
100$38,658,933$0$0$11,356,833