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%12.1%
1 years$43,684$43,295$42,916$42,545$42,183$41,812
2 years$21,626$21,223$20,833$20,454$20,087$19,713
3 years$14,274$13,870$13,480$13,105$12,744$12,379
4 years$10,599$10,196$9,810$9,442$9,089$8,736
5 years$8,394$7,993$7,613$7,252$6,910$6,569
6 years$6,925$6,527$6,152$5,800$5,467$5,139
7 years$5,876$5,482$5,113$4,768$4,446$4,132
8 years$5,090$4,699$4,336$4,000$3,689$3,387
9 years$4,478$4,091$3,735$3,407$3,106$2,818
10 years$3,990$3,606$3,256$2,937$2,647$2,371
11 years$3,590$3,210$2,866$2,556$2,276$2,013
12 years$3,257$2,881$2,544$2,242$1,973$1,722
13 years$2,976$2,604$2,273$1,979$1,720$1,482
14 years$2,735$2,367$2,042$1,757$1,508$1,281
15 years$2,526$2,162$1,844$1,567$1,328$1,113
16 years$2,344$1,984$1,672$1,403$1,173$969
17 years$2,183$1,827$1,521$1,261$1,040$847
18 years$2,040$1,688$1,389$1,136$925$742
19 years$1,913$1,565$1,271$1,027$825$652
20 years$1,798$1,454$1,167$930$737$574
21 years$1,694$1,354$1,073$844$659$506
22 years$1,600$1,264$989$767$591$446
23 years$1,514$1,182$913$699$530$394
24 years$1,436$1,108$845$637$477$349
25 years$1,364$1,040$782$582$429$309
26 years$1,297$977$725$532$386$274
27 years$1,236$920$674$487$348$243
28 years$1,179$866$626$446$314$215
29 years$1,126$817$583$409$284$191
30 years$1,077$772$543$376$256$170
31 years$1,031$730$506$345$232$151
32 years$988$690$472$317$210$134
33 years$947$654$441$292$190$119
34 years$909$620$412$268$172$106
35 years$874$588$385$247$156$95
36 years$840$558$360$227$141$84
37 years$808$530$337$210$128$75
38 years$778$504$316$193$116$67
39 years$750$479$296$178$105$60
40 years$723$456$277$164$95$53
41 years$698$434$260$152$86$47
42 years$673$413$244$140$78$42
43 years$650$394$229$129$71$38
44 years$629$375$215$119$65$33
45 years$608$358$202$110$59$30
46 years$588$341$189$102$53$27
47 years$569$326$178$94$48$24
48 years$551$311$167$87$44$21
49 years$533$297$157$80$40$19
50 years$516$284$148$74$36$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $529,000, adding $3,665 every year, while hoping to spend $26,517 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: 54/17/29 Blend
39$529,000$529,000$529,000$529,000
40$586,738$558,701$550,502$613,507
41$618,372$557,864$540,730$631,593
42$652,343$556,097$529,742$648,265
43$688,863$553,326$517,469$665,891
44$728,162$549,474$503,839$684,575
45$770,494$544,458$488,777$704,428
46$816,138$538,190$472,205$725,579
47$865,400$530,577$454,039$748,167
48$918,616$521,520$434,195$772,351
49$976,156$510,916$412,581$798,303
50$1,038,425$498,653$389,105$826,219
51$1,105,872$484,614$363,667$856,313
52$1,178,986$468,675$336,165$888,825
53$1,258,308$450,705$306,492$924,021
54$1,344,431$430,565$274,535$962,196
55$1,438,008$408,109$240,177$1,003,677
56$1,539,759$383,180$203,297$1,048,828
57$1,650,472$355,614$163,766$1,098,051
58$1,771,019$325,238$121,450$1,151,794
59$1,902,356$291,867$76,212$1,210,550
60$2,045,536$255,309$27,905$1,274,870
61$2,201,719$215,356$0$1,345,359
62$2,372,179$171,794$0$1,430,010
63$2,558,322$124,392$0$1,531,941
64$2,761,693$72,910$0$1,643,384
65$2,983,994$17,091$0$1,765,305
66$3,227,099$0$0$1,898,773
67$3,493,071$0$0$2,053,069
68$3,784,182$0$0$2,225,497
69$4,102,932$0$0$2,414,348
70$4,452,077$0$0$2,621,260
71$4,834,651$0$0$2,848,037
72$5,253,993$0$0$3,096,666
73$5,713,784$0$0$3,369,338
74$6,218,076$0$0$3,668,461
75$6,771,333$0$0$3,996,691
76$7,378,470$0$0$4,356,954
77$8,044,904$0$0$4,752,470
78$8,776,600$0$0$5,186,788
79$9,580,130$0$0$5,663,819
80$10,462,731$0$0$6,187,868
81$11,432,378$0$0$6,763,679
82$12,497,857$0$0$7,396,480
83$13,668,845$0$0$8,092,028
84$14,956,004$0$0$8,856,667
85$16,371,080$0$0$9,697,385
86$17,927,016$0$0$10,621,883
87$19,638,069$0$0$11,638,643
88$21,519,948$0$0$12,757,013
89$23,589,961$0$0$13,987,290
90$25,867,177$0$0$15,340,821
91$28,372,607$0$0$16,830,108
92$31,129,401$0$0$18,468,924
93$34,163,065$0$0$20,272,446
94$37,501,704$0$0$22,257,399
95$41,176,286$0$0$24,442,207
96$45,220,932$0$0$26,847,174
97$49,673,239$0$0$29,494,671
98$54,574,633$0$0$32,409,349
99$59,970,764$0$0$35,618,371
100$65,911,930$0$0$39,151,665