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%13.8%
1 years$43,684$43,295$42,916$42,545$42,183$41,519
2 years$21,626$21,223$20,833$20,454$20,087$19,419
3 years$14,274$13,870$13,480$13,105$12,744$12,094
4 years$10,599$10,196$9,810$9,442$9,089$8,461
5 years$8,394$7,993$7,613$7,252$6,910$6,306
6 years$6,925$6,527$6,152$5,800$5,467$4,889
7 years$5,876$5,482$5,113$4,768$4,446$3,893
8 years$5,090$4,699$4,336$4,000$3,689$3,161
9 years$4,478$4,091$3,735$3,407$3,106$2,603
10 years$3,990$3,606$3,256$2,937$2,647$2,168
11 years$3,590$3,210$2,866$2,556$2,276$1,822
12 years$3,257$2,881$2,544$2,242$1,973$1,541
13 years$2,976$2,604$2,273$1,979$1,720$1,312
14 years$2,735$2,367$2,042$1,757$1,508$1,121
15 years$2,526$2,162$1,844$1,567$1,328$963
16 years$2,344$1,984$1,672$1,403$1,173$829
17 years$2,183$1,827$1,521$1,261$1,040$716
18 years$2,040$1,688$1,389$1,136$925$620
19 years$1,913$1,565$1,271$1,027$825$537
20 years$1,798$1,454$1,167$930$737$467
21 years$1,694$1,354$1,073$844$659$406
22 years$1,600$1,264$989$767$591$354
23 years$1,514$1,182$913$699$530$309
24 years$1,436$1,108$845$637$477$270
25 years$1,364$1,040$782$582$429$236
26 years$1,297$977$725$532$386$206
27 years$1,236$920$674$487$348$180
28 years$1,179$866$626$446$314$158
29 years$1,126$817$583$409$284$138
30 years$1,077$772$543$376$256$121
31 years$1,031$730$506$345$232$106
32 years$988$690$472$317$210$93
33 years$947$654$441$292$190$82
34 years$909$620$412$268$172$72
35 years$874$588$385$247$156$63
36 years$840$558$360$227$141$55
37 years$808$530$337$210$128$48
38 years$778$504$316$193$116$42
39 years$750$479$296$178$105$37
40 years$723$456$277$164$95$33
41 years$698$434$260$152$86$29
42 years$673$413$244$140$78$25
43 years$650$394$229$129$71$22
44 years$629$375$215$119$65$19
45 years$608$358$202$110$59$17
46 years$588$341$189$102$53$15
47 years$569$326$178$94$48$13
48 years$551$311$167$87$44$12
49 years$533$297$157$80$40$10
50 years$516$284$148$74$36$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $529,000, adding $3,881 every year, while hoping to spend $26,918 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: 67/12/21 Blend
39$529,000$529,000$529,000$529,000
40$586,961$558,924$550,725$622,936
41$618,191$557,671$540,533$646,276
42$651,703$555,454$529,099$668,333
43$687,704$552,198$516,350$691,812
44$726,417$547,823$502,215$716,855
45$768,088$542,243$486,615$743,614
46$812,988$535,368$469,472$772,263
47$861,414$527,102$450,701$802,990
48$913,694$517,346$430,215$836,003
49$970,185$505,990$407,921$871,536
50$1,031,281$492,921$383,725$909,843
51$1,097,417$478,020$357,525$951,209
52$1,169,069$461,158$329,217$995,946
53$1,246,760$442,200$298,692$1,044,400
54$1,331,067$421,005$265,835$1,096,954
55$1,422,623$397,421$230,527$1,154,032
56$1,522,124$371,289$192,644$1,216,099
57$1,630,339$342,440$152,056$1,283,674
58$1,748,109$310,696$108,625$1,357,328
59$1,876,363$275,867$62,212$1,437,689
60$2,016,123$237,755$12,666$1,525,457
61$2,168,512$196,149$0$1,621,401
62$2,334,767$150,828$0$1,735,379
63$2,516,250$101,554$0$1,862,938
64$2,714,459$48,082$0$2,002,310
65$2,931,044$0$0$2,154,681
66$3,167,821$0$0$2,322,657
67$3,426,792$0$0$2,513,352
68$3,710,156$0$0$2,722,043
69$4,020,339$0$0$2,950,518
70$4,360,011$0$0$3,200,749
71$4,732,112$0$0$3,474,906
72$5,139,879$0$0$3,775,378
73$5,586,880$0$0$4,104,799
74$6,077,040$0$0$4,466,067
75$6,614,686$0$0$4,862,376
76$7,204,582$0$0$5,297,242
77$7,851,977$0$0$5,774,540
78$8,562,650$0$0$6,298,538
79$9,342,970$0$0$6,873,936
80$10,199,951$0$0$7,505,912
81$11,141,319$0$0$8,200,170
82$12,175,588$0$0$8,962,996
83$13,312,135$0$0$9,801,312
84$14,561,291$0$0$10,722,746
85$15,934,437$0$0$11,735,698
86$17,444,112$0$0$12,849,428
87$19,104,132$0$0$14,074,134
88$20,929,717$0$0$15,421,053
89$22,937,635$0$0$16,902,566
90$25,146,364$0$0$18,532,312
91$27,576,259$0$0$20,325,322
92$30,249,750$0$0$22,298,154
93$33,191,549$0$0$24,469,055
94$36,428,887$0$0$26,858,126
95$39,991,764$0$0$29,487,519
96$43,913,239$0$0$32,381,641
97$48,229,738$0$0$35,567,386
98$52,981,396$0$0$39,074,384
99$58,212,439$0$0$42,935,289
100$63,971,596$0$0$47,186,079