Can I retire at age 40 with 521,000?

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 $521,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$43,024$42,640$42,267$41,902$41,545$39,992
2 years$21,299$20,902$20,518$20,145$19,783$18,236
3 years$14,058$13,660$13,276$12,907$12,551$11,059
4 years$10,439$10,041$9,662$9,299$8,952$7,525
5 years$8,267$7,873$7,498$7,142$6,805$5,449
6 years$6,820$6,429$6,059$5,712$5,385$4,099
7 years$5,787$5,399$5,035$4,696$4,379$3,164
8 years$5,013$4,628$4,270$3,939$3,633$2,487
9 years$4,411$4,029$3,678$3,355$3,059$1,982
10 years$3,929$3,552$3,207$2,892$2,607$1,595
11 years$3,536$3,162$2,823$2,517$2,242$1,294
12 years$3,208$2,838$2,505$2,208$1,943$1,056
13 years$2,931$2,565$2,238$1,949$1,694$866
14 years$2,693$2,331$2,011$1,730$1,485$713
15 years$2,488$2,130$1,816$1,543$1,308$589
16 years$2,308$1,954$1,646$1,382$1,156$487
17 years$2,150$1,799$1,498$1,242$1,025$404
18 years$2,009$1,663$1,368$1,119$911$336
19 years$1,884$1,541$1,252$1,011$812$280
20 years$1,771$1,432$1,149$916$725$233
21 years$1,669$1,334$1,057$831$649$194
22 years$1,576$1,245$974$756$582$162
23 years$1,492$1,164$899$688$522$136
24 years$1,414$1,091$832$628$469$113
25 years$1,343$1,024$770$573$422$95
26 years$1,278$962$714$524$381$79
27 years$1,217$906$663$480$343$66
28 years$1,161$853$617$440$310$56
29 years$1,109$805$574$403$280$47
30 years$1,061$760$535$370$253$39
31 years$1,015$719$498$340$228$33
32 years$973$680$465$312$207$27
33 years$933$644$434$287$187$23
34 years$896$610$406$264$169$19
35 years$861$579$379$243$153$16
36 years$827$550$355$224$139$13
37 years$796$522$332$206$126$11
38 years$767$496$311$190$114$9
39 years$739$472$291$175$103$8
40 years$712$449$273$162$94$7
41 years$687$427$256$149$85$6
42 years$663$407$240$138$77$5
43 years$641$388$225$127$70$4
44 years$619$369$212$117$64$3
45 years$598$352$199$108$58$3
46 years$579$336$187$100$52$2
47 years$560$321$175$93$48$2
48 years$542$306$165$85$43$2
49 years$525$292$155$79$39$1
50 years$509$279$146$73$36$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $521,000, adding $3,401 every year, while hoping to spend $27,958 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: 77/11/12 Blend
39$521,000$521,000$521,000$521,000
40$577,650$550,037$541,962$620,534
41$606,823$547,242$530,370$646,453
42$638,035$543,373$517,454$670,971
43$671,464$538,347$503,138$697,067
44$707,306$532,078$487,345$724,886
45$745,775$524,474$469,995$754,589
46$787,107$515,437$451,003$786,357
47$831,561$504,862$430,280$820,383
48$879,420$492,640$407,735$856,887
49$930,997$478,656$383,270$896,107
50$986,634$462,785$356,785$938,306
51$1,046,707$444,898$328,173$983,777
52$1,111,630$424,856$297,326$1,032,841
53$1,181,857$402,515$264,127$1,085,852
54$1,257,887$377,719$228,456$1,143,201
55$1,340,270$350,306$190,188$1,205,321
56$1,429,610$320,104$149,192$1,272,687
57$1,526,570$286,929$105,330$1,345,825
58$1,631,882$250,589$58,459$1,425,315
59$1,746,347$210,882$8,431$1,511,797
60$1,870,850$167,591$0$1,605,976
61$2,006,364$120,489$0$1,714,388
62$2,153,957$69,338$0$1,833,662
63$2,314,808$13,883$0$1,963,686
64$2,490,212$0$0$2,105,530
65$2,681,595$0$0$2,265,956
66$2,890,526$0$0$2,442,944
67$3,118,733$0$0$2,636,279
68$3,368,119$0$0$2,847,575
69$3,640,778$0$0$3,078,608
70$3,939,014$0$0$3,331,336
71$4,265,367$0$0$3,607,911
72$4,622,633$0$0$3,910,705
73$5,013,889$0$0$4,242,330
74$5,442,525$0$0$4,605,662
75$5,912,274$0$0$5,003,868
76$6,427,248$0$0$5,440,436
77$6,991,975$0$0$5,919,210
78$7,611,442$0$0$6,444,419
79$8,291,142$0$0$7,020,725
80$9,037,127$0$0$7,653,262
81$9,856,062$0$0$8,347,685
82$10,755,288$0$0$9,110,224
83$11,742,894$0$0$9,947,740
84$12,827,788$0$0$10,867,794
85$14,019,785$0$0$11,878,713
86$15,329,698$0$0$12,989,671
87$16,769,440$0$0$14,210,776
88$18,352,132$0$0$15,553,163
89$20,092,234$0$0$17,029,099
90$22,005,673$0$0$18,652,100
91$24,110,001$0$0$20,437,058
92$26,424,552$0$0$22,400,378
93$28,970,630$0$0$24,560,137
94$31,771,708$0$0$26,936,251
95$34,853,647$0$0$29,550,665
96$38,244,942$0$0$32,427,558
97$41,976,990$0$0$35,593,568
98$46,084,386$0$0$39,078,052
99$50,605,247$0$0$42,913,352
100$55,581,574$0$0$47,135,107