Can I retire at age 40 with 529,000?

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 $529,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$43,684$43,295$42,916$42,545$42,183$40,931
2 years$21,626$21,223$20,833$20,454$20,087$18,836
3 years$14,274$13,870$13,480$13,105$12,744$11,533
4 years$10,599$10,196$9,810$9,442$9,089$7,928
5 years$8,394$7,993$7,613$7,252$6,910$5,801
6 years$6,925$6,527$6,152$5,800$5,467$4,412
7 years$5,876$5,482$5,113$4,768$4,446$3,445
8 years$5,090$4,699$4,336$4,000$3,689$2,740
9 years$4,478$4,091$3,735$3,407$3,106$2,210
10 years$3,990$3,606$3,256$2,937$2,647$1,801
11 years$3,590$3,210$2,866$2,556$2,276$1,480
12 years$3,257$2,881$2,544$2,242$1,973$1,224
13 years$2,976$2,604$2,273$1,979$1,720$1,018
14 years$2,735$2,367$2,042$1,757$1,508$849
15 years$2,526$2,162$1,844$1,567$1,328$712
16 years$2,344$1,984$1,672$1,403$1,173$598
17 years$2,183$1,827$1,521$1,261$1,040$503
18 years$2,040$1,688$1,389$1,136$925$425
19 years$1,913$1,565$1,271$1,027$825$359
20 years$1,798$1,454$1,167$930$737$304
21 years$1,694$1,354$1,073$844$659$257
22 years$1,600$1,264$989$767$591$218
23 years$1,514$1,182$913$699$530$185
24 years$1,436$1,108$845$637$477$157
25 years$1,364$1,040$782$582$429$134
26 years$1,297$977$725$532$386$114
27 years$1,236$920$674$487$348$97
28 years$1,179$866$626$446$314$82
29 years$1,126$817$583$409$284$70
30 years$1,077$772$543$376$256$60
31 years$1,031$730$506$345$232$51
32 years$988$690$472$317$210$43
33 years$947$654$441$292$190$37
34 years$909$620$412$268$172$31
35 years$874$588$385$247$156$27
36 years$840$558$360$227$141$23
37 years$808$530$337$210$128$19
38 years$778$504$316$193$116$17
39 years$750$479$296$178$105$14
40 years$723$456$277$164$95$12
41 years$698$434$260$152$86$10
42 years$673$413$244$140$78$9
43 years$650$394$229$129$71$7
44 years$629$375$215$119$65$6
45 years$608$358$202$110$59$5
46 years$588$341$189$102$53$5
47 years$569$326$178$94$48$4
48 years$551$311$167$87$44$3
49 years$533$297$157$80$40$3
50 years$516$284$148$74$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $529,000, adding $4,758 every year, while hoping to spend $30,054 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: 64/14/22 Blend
39$529,000$529,000$529,000$529,000
40$587,866$559,829$551,629$621,860
41$615,851$555,283$538,132$640,794
42$645,683$549,508$523,175$657,665
43$677,519$542,410$506,677$675,408
44$711,531$533,893$488,556$694,110
45$747,907$523,853$468,722$713,868
46$786,852$512,181$447,083$734,792
47$828,594$498,760$423,543$757,002
48$873,379$483,469$398,001$780,632
49$921,482$466,176$370,352$805,831
50$973,200$446,746$340,485$832,765
51$1,028,862$425,032$308,287$861,618
52$1,088,828$400,880$273,636$892,595
53$1,153,493$374,128$236,408$925,921
54$1,223,293$344,604$196,471$961,849
55$1,298,705$312,126$153,689$1,000,658
56$1,380,254$276,501$107,919$1,042,658
57$1,468,517$237,527$59,011$1,088,192
58$1,564,128$194,988$6,811$1,137,640
59$1,667,785$148,659$0$1,191,425
60$1,780,255$98,299$0$1,261,491
61$1,902,381$43,655$0$1,339,331
62$2,035,091$0$0$1,423,958
63$2,179,405$0$0$1,518,445
64$2,336,446$0$0$1,628,616
65$2,507,450$0$0$1,748,616
66$2,693,776$0$0$1,879,403
67$2,896,920$0$0$2,022,032
68$3,118,529$0$0$2,177,663
69$3,360,415$0$0$2,347,574
70$3,624,572$0$0$2,533,172
71$3,913,198$0$0$2,736,004
72$4,228,709$0$0$2,957,775
73$4,573,768$0$0$3,200,362
74$4,951,306$0$0$3,465,831
75$5,364,549$0$0$3,756,457
76$5,817,052$0$0$4,074,746
77$6,312,728$0$0$4,423,457
78$6,855,886$0$0$4,805,629
79$7,451,273$0$0$5,224,608
80$8,104,116$0$0$5,684,081
81$8,820,173$0$0$6,188,106
82$9,605,784$0$0$6,741,156
83$10,467,936$0$0$7,348,156
84$11,414,322$0$0$8,014,530
85$12,453,416$0$0$8,746,257
86$13,594,556$0$0$9,549,917
87$14,848,025$0$0$10,432,765
88$16,225,153$0$0$11,402,790
89$17,738,420$0$0$12,468,792
90$19,401,577$0$0$13,640,468
91$21,229,773$0$0$14,928,500
92$23,239,695$0$0$16,344,659
93$25,449,730$0$0$17,901,909
94$27,880,136$0$0$19,614,536
95$30,553,231$0$0$21,498,281
96$33,493,606$0$0$23,570,483
97$36,728,353$0$0$25,850,251
98$40,287,324$0$0$28,358,636
99$44,203,409$0$0$31,118,834
100$48,512,848$0$0$34,156,401