Can I retire at age 40 with 530,000?

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 $530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$43,767$43,377$42,997$42,625$42,263$41,025
2 years$21,667$21,263$20,872$20,493$20,125$18,888
3 years$14,301$13,896$13,506$13,130$12,768$11,571
4 years$10,619$10,215$9,829$9,459$9,106$7,958
5 years$8,410$8,009$7,627$7,266$6,923$5,826
6 years$6,938$6,540$6,164$5,811$5,478$4,434
7 years$5,887$5,492$5,122$4,777$4,455$3,464
8 years$5,099$4,708$4,344$4,007$3,696$2,757
9 years$4,487$4,099$3,742$3,413$3,112$2,225
10 years$3,997$3,613$3,262$2,942$2,652$1,814
11 years$3,597$3,216$2,872$2,561$2,281$1,492
12 years$3,263$2,887$2,549$2,246$1,976$1,234
13 years$2,981$2,609$2,277$1,983$1,723$1,027
14 years$2,740$2,371$2,046$1,760$1,511$858
15 years$2,531$2,166$1,847$1,570$1,330$719
16 years$2,348$1,988$1,675$1,406$1,176$605
17 years$2,187$1,830$1,524$1,263$1,042$509
18 years$2,044$1,691$1,391$1,138$927$430
19 years$1,916$1,568$1,274$1,028$826$364
20 years$1,801$1,457$1,169$931$738$308
21 years$1,697$1,357$1,075$845$660$261
22 years$1,603$1,267$991$769$592$222
23 years$1,517$1,185$915$700$531$188
24 years$1,439$1,110$846$638$478$160
25 years$1,366$1,042$784$583$430$136
26 years$1,300$979$727$533$387$116
27 years$1,238$921$675$488$349$99
28 years$1,181$868$627$447$315$84
29 years$1,128$819$584$410$284$71
30 years$1,079$773$544$376$257$61
31 years$1,033$731$507$346$232$52
32 years$990$692$473$318$210$44
33 years$949$655$442$292$190$38
34 years$911$621$413$269$172$32
35 years$875$589$386$247$156$27
36 years$842$559$361$228$141$23
37 years$810$531$338$210$128$20
38 years$780$505$316$193$116$17
39 years$752$480$296$178$105$14
40 years$725$456$278$165$95$12
41 years$699$435$261$152$87$11
42 years$675$414$244$140$79$9
43 years$652$394$229$129$71$8
44 years$630$376$215$119$65$7
45 years$609$358$202$110$59$6
46 years$589$342$190$102$53$5
47 years$570$326$178$94$48$4
48 years$552$311$168$87$44$3
49 years$534$297$158$80$40$3
50 years$517$284$148$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $530,000, adding $4,021 every year, while hoping to spend $25,263 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: 58/24/18 Blend
39$530,000$530,000$530,000$530,000
40$588,208$560,118$551,903$619,325
41$621,325$560,684$543,512$641,462
42$656,974$560,431$533,993$662,478
43$695,386$559,292$523,282$684,817
44$736,814$557,197$511,311$708,612
45$781,540$554,070$498,010$734,008
46$829,868$549,831$483,305$761,169
47$882,138$544,395$467,119$790,274
48$938,719$537,674$449,370$821,522
49$1,000,019$529,571$429,975$855,136
50$1,066,487$519,985$408,845$891,359
51$1,138,615$508,811$385,888$930,462
52$1,216,945$495,935$361,007$972,747
53$1,302,075$481,237$334,102$1,018,544
54$1,394,659$464,590$305,067$1,068,222
55$1,495,419$445,860$273,792$1,122,188
56$1,605,150$424,905$240,162$1,180,893
57$1,724,725$401,575$204,057$1,244,834
58$1,855,107$375,712$165,353$1,314,564
59$1,997,352$347,146$123,917$1,390,692
60$2,152,627$315,702$79,613$1,473,893
61$2,322,214$281,190$32,298$1,564,913
62$2,507,524$243,412$0$1,664,576
63$2,710,111$202,160$0$1,777,290
64$2,931,688$157,211$0$1,907,413
65$3,174,137$108,331$0$2,049,883
66$3,439,534$55,274$0$2,205,962
67$3,730,162$0$0$2,377,044
68$4,048,539$0$0$2,565,256
69$4,397,433$0$0$2,787,549
70$4,779,898$0$0$3,031,277
71$5,199,292$0$0$3,298,586
72$5,659,317$0$0$3,591,841
73$6,164,051$0$0$3,913,648
74$6,717,983$0$0$4,266,875
75$7,326,060$0$0$4,654,683
76$7,993,730$0$0$5,080,554
77$8,726,996$0$0$5,548,323
78$9,532,468$0$0$6,062,216
79$10,417,432$0$0$6,626,887
80$11,389,910$0$0$7,247,463
81$12,458,743$0$0$7,929,595
82$13,633,669$0$0$8,679,504
83$14,925,419$0$0$9,504,049
84$16,345,811$0$0$10,410,783
85$17,907,871$0$0$11,408,030
86$19,625,947$0$0$12,504,959
87$21,515,847$0$0$13,711,674
88$23,594,991$0$0$15,039,308
89$25,882,571$0$0$16,500,125
90$28,399,732$0$0$18,107,639
91$31,169,773$0$0$19,876,742
92$34,218,366$0$0$21,823,840
93$37,573,798$0$0$23,967,012
94$41,267,236$0$0$26,326,178
95$45,333,024$0$0$28,923,286
96$49,809,003$0$0$31,782,522
97$54,736,870$0$0$34,930,535
98$60,162,571$0$0$38,396,691
99$66,136,733$0$0$42,213,347
100$72,715,144$0$0$46,416,158