Can I retire at age 40 with 527,000?

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 $527,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$43,519$43,132$42,753$42,384$42,024$40,388
2 years$21,544$21,143$20,754$20,377$20,011$18,383
3 years$14,220$13,817$13,429$13,056$12,696$11,127
4 years$10,559$10,157$9,773$9,406$9,055$7,556
5 years$8,363$7,963$7,584$7,225$6,883$5,459
6 years$6,899$6,503$6,129$5,778$5,447$4,098
7 years$5,854$5,461$5,093$4,750$4,430$3,156
8 years$5,070$4,681$4,320$3,985$3,675$2,475
9 years$4,461$4,076$3,720$3,394$3,095$1,967
10 years$3,974$3,592$3,244$2,926$2,637$1,579
11 years$3,576$3,198$2,856$2,546$2,268$1,277
12 years$3,245$2,870$2,534$2,233$1,965$1,040
13 years$2,964$2,594$2,264$1,972$1,714$850
14 years$2,724$2,358$2,034$1,750$1,502$698
15 years$2,517$2,154$1,837$1,561$1,323$575
16 years$2,335$1,976$1,665$1,398$1,169$475
17 years$2,175$1,820$1,515$1,256$1,036$393
18 years$2,032$1,682$1,383$1,132$922$325
19 years$1,905$1,559$1,266$1,023$821$270
20 years$1,791$1,448$1,162$926$734$224
21 years$1,688$1,349$1,069$841$657$187
22 years$1,594$1,259$985$764$589$155
23 years$1,509$1,178$910$696$528$129
24 years$1,431$1,104$841$635$475$108
25 years$1,359$1,036$779$580$427$90
26 years$1,292$973$723$530$385$75
27 years$1,231$916$671$485$347$62
28 years$1,175$863$624$445$313$52
29 years$1,122$814$581$408$283$43
30 years$1,073$769$541$374$255$36
31 years$1,027$727$504$344$231$30
32 years$984$688$470$316$209$25
33 years$944$651$439$290$189$21
34 years$906$617$410$267$171$18
35 years$870$586$384$246$155$15
36 years$837$556$359$227$140$12
37 years$805$528$336$209$127$10
38 years$776$502$315$192$115$9
39 years$747$477$295$177$105$7
40 years$720$454$276$164$95$6
41 years$695$432$259$151$86$5
42 years$671$411$243$139$78$4
43 years$648$392$228$129$71$3
44 years$626$374$214$119$64$3
45 years$605$356$201$110$58$2
46 years$585$340$189$101$53$2
47 years$567$324$177$94$48$2
48 years$548$310$167$86$44$1
49 years$531$296$157$80$40$1
50 years$515$283$147$74$36$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $527,000, adding $5,682 every year, while hoping to spend $30,063 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: 77/14/9 Blend
39$527,000$527,000$527,000$527,000
40$586,615$558,684$550,515$630,503
41$614,463$554,073$536,971$655,542
42$644,144$548,228$521,965$678,562
43$675,813$541,057$505,417$702,934
44$709,640$532,463$487,243$728,780
45$745,811$522,342$467,354$756,235
46$784,532$510,585$445,658$785,447
47$826,025$497,075$422,059$816,580
48$870,537$481,689$396,455$849,817
49$918,338$464,297$368,742$885,356
50$969,723$444,762$338,809$923,419
51$1,025,017$422,938$306,542$964,250
52$1,084,577$398,670$271,819$1,008,116
53$1,148,794$371,796$234,516$1,055,317
54$1,218,101$342,143$194,501$1,106,178
55$1,292,968$309,529$151,639$1,161,063
56$1,373,917$273,762$105,784$1,220,371
57$1,461,518$234,638$56,789$1,284,543
58$1,556,399$191,942$4,498$1,354,065
59$1,659,251$145,446$0$1,429,476
60$1,770,833$94,911$0$1,516,296
61$1,891,980$40,084$0$1,611,034
62$2,023,611$0$0$1,713,998
63$2,166,735$0$0$1,828,976
64$2,322,465$0$0$1,960,817
65$2,492,022$0$0$2,104,382
66$2,676,754$0$0$2,260,813
67$2,878,140$0$0$2,431,366
68$3,097,811$0$0$2,617,424
69$3,337,561$0$0$2,820,509
70$3,599,364$0$0$3,042,295
71$3,885,394$0$0$3,284,628
72$4,198,044$0$0$3,549,537
73$4,539,950$0$0$3,839,259
74$4,914,011$0$0$4,156,253
75$5,323,423$0$0$4,503,231
76$5,771,703$0$0$4,883,176
77$6,262,723$0$0$5,299,375
78$6,800,751$0$0$5,755,446
79$7,390,483$0$0$6,255,377
80$8,037,093$0$0$6,803,556
81$8,746,281$0$0$7,404,818
82$9,524,321$0$0$8,064,489
83$10,378,129$0$0$8,788,434
84$11,315,318$0$0$9,583,115
85$12,344,276$0$0$10,455,649
86$13,474,245$0$0$11,413,875
87$14,715,402$0$0$12,466,430
88$16,078,961$0$0$13,622,829
89$17,577,275$0$0$14,893,553
90$19,223,951$0$0$16,290,147
91$21,033,984$0$0$17,825,335
92$23,023,889$0$0$19,513,129
93$25,211,864$0$0$21,368,971
94$27,617,958$0$0$23,409,873
95$30,264,260$0$0$25,654,576
96$33,175,107$0$0$28,123,732
97$36,377,312$0$0$30,840,091
98$39,900,421$0$0$33,828,723
99$43,776,984$0$0$37,117,248
100$48,042,868$0$0$40,736,099