Can I retire at age 40 with 522,000?

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 $522,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$43,106$42,722$42,348$41,982$41,625$41,173
2 years$21,340$20,942$20,557$20,184$19,821$19,367
3 years$14,085$13,686$13,302$12,932$12,576$12,132
4 years$10,459$10,061$9,680$9,317$8,969$8,539
5 years$8,283$7,888$7,512$7,156$6,818$6,404
6 years$6,833$6,441$6,071$5,723$5,395$4,997
7 years$5,798$5,409$5,045$4,705$4,388$4,006
8 years$5,022$4,637$4,279$3,947$3,640$3,275
9 years$4,419$4,037$3,685$3,362$3,065$2,717
10 years$3,937$3,558$3,213$2,898$2,612$2,279
11 years$3,542$3,168$2,829$2,522$2,246$1,929
12 years$3,214$2,843$2,510$2,212$1,947$1,645
13 years$2,936$2,569$2,243$1,953$1,697$1,411
14 years$2,699$2,336$2,015$1,734$1,488$1,216
15 years$2,493$2,134$1,819$1,546$1,310$1,052
16 years$2,313$1,958$1,650$1,384$1,158$914
17 years$2,154$1,803$1,501$1,244$1,027$796
18 years$2,013$1,666$1,370$1,121$913$695
19 years$1,887$1,544$1,254$1,013$814$608
20 years$1,774$1,435$1,151$917$727$533
21 years$1,672$1,336$1,059$833$650$468
22 years$1,579$1,247$976$757$583$411
23 years$1,494$1,167$901$689$523$362
24 years$1,417$1,093$833$629$470$319
25 years$1,346$1,026$772$574$423$281
26 years$1,280$964$716$525$381$248
27 years$1,220$907$665$481$344$220
28 years$1,163$855$618$440$310$194
29 years$1,111$807$575$404$280$172
30 years$1,063$762$536$371$253$152
31 years$1,017$720$499$340$229$134
32 years$975$681$466$313$207$119
33 years$935$645$435$288$187$105
34 years$897$612$406$265$170$93
35 years$862$580$380$244$154$83
36 years$829$551$356$224$139$73
37 years$798$523$333$207$126$65
38 years$768$497$312$191$114$58
39 years$740$473$292$176$104$51
40 years$714$450$274$162$94$45
41 years$688$428$257$150$85$40
42 years$665$408$241$138$77$36
43 years$642$388$226$127$70$32
44 years$620$370$212$118$64$28
45 years$600$353$199$109$58$25
46 years$580$337$187$100$53$22
47 years$561$321$176$93$48$20
48 years$543$307$165$86$43$17
49 years$526$293$155$79$39$16
50 years$510$280$146$73$36$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $522,000, adding $5,120 every year, while hoping to spend $29,008 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: 52/28/20 Blend
39$522,000$522,000$522,000$522,000
40$580,525$552,859$544,768$607,266
41$608,875$549,085$532,154$622,450
42$639,143$544,154$518,144$635,523
43$671,497$537,978$502,663$649,122
44$706,115$530,465$485,628$663,308
45$743,198$521,517$466,956$678,149
46$782,963$511,030$446,558$693,720
47$825,649$498,894$424,340$710,107
48$871,517$484,992$400,208$727,406
49$920,856$469,200$374,059$745,724
50$973,981$451,389$345,788$765,184
51$1,031,240$431,420$315,285$785,920
52$1,093,014$409,147$282,434$808,084
53$1,159,721$384,415$247,116$831,845
54$1,231,822$357,060$209,203$857,394
55$1,309,822$326,911$168,566$884,943
56$1,394,277$293,782$125,066$914,728
57$1,485,798$257,483$78,561$947,012
58$1,585,058$217,808$28,901$982,091
59$1,692,795$174,541$0$1,020,292
60$1,809,822$127,456$0$1,067,123
61$1,937,033$76,311$0$1,124,765
62$2,075,412$20,851$0$1,187,531
63$2,226,041$0$0$1,255,963
64$2,390,110$0$0$1,342,736
65$2,568,931$0$0$1,444,360
66$2,763,944$0$0$1,555,237
67$2,976,738$0$0$1,676,275
68$3,209,060$0$0$1,808,475
69$3,462,832$0$0$1,952,937
70$3,740,172$0$0$2,110,875
71$4,043,410$0$0$2,283,623
72$4,375,114$0$0$2,472,650
73$4,738,109$0$0$2,679,575
74$5,135,507$0$0$2,906,179
75$5,570,733$0$0$3,154,426
76$6,047,562$0$0$3,426,477
77$6,570,149$0$0$3,724,711
78$7,143,070$0$0$4,051,750
79$7,771,366$0$0$4,410,481
80$8,460,590$0$0$4,804,085
81$9,216,855$0$0$5,236,063
82$10,046,897$0$0$5,710,276
83$10,958,137$0$0$6,230,972
84$11,958,746$0$0$6,802,834
85$13,057,729$0$0$7,431,020
86$14,265,001$0$0$8,121,211
87$15,591,491$0$0$8,879,666
88$17,049,233$0$0$9,713,282
89$18,651,488$0$0$10,629,655
90$20,412,866$0$0$11,637,155
91$22,349,460$0$0$12,745,004
92$24,479,002$0$0$13,963,360
93$26,821,030$0$0$15,303,417
94$29,397,068$0$0$16,777,507
95$32,230,830$0$0$18,399,218
96$35,348,447$0$0$20,183,522
97$38,778,708$0$0$22,146,913
98$42,553,335$0$0$24,307,568
99$46,707,278$0$0$26,685,512
100$51,279,049$0$0$29,302,811