Can I retire at age 40 with 533,000?

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 $533,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$44,015$43,623$43,240$42,867$42,502$41,712
2 years$21,789$21,384$20,990$20,609$20,239$19,446
3 years$14,382$13,974$13,582$13,204$12,841$12,069
4 years$10,679$10,273$9,884$9,513$9,158$8,415
5 years$8,458$8,054$7,671$7,307$6,962$6,248
6 years$6,977$6,577$6,199$5,843$5,509$4,826
7 years$5,920$5,523$5,151$4,804$4,480$3,828
8 years$5,128$4,734$4,369$4,030$3,717$3,095
9 years$4,512$4,122$3,763$3,433$3,130$2,539
10 years$4,020$3,633$3,281$2,959$2,667$2,105
11 years$3,617$3,235$2,888$2,575$2,294$1,761
12 years$3,282$2,903$2,563$2,259$1,988$1,483
13 years$2,998$2,624$2,290$1,994$1,733$1,256
14 years$2,755$2,385$2,058$1,770$1,519$1,069
15 years$2,545$2,179$1,858$1,579$1,338$913
16 years$2,361$1,999$1,684$1,414$1,182$783
17 years$2,199$1,841$1,533$1,270$1,048$673
18 years$2,056$1,701$1,399$1,145$932$579
19 years$1,927$1,576$1,281$1,034$831$500
20 years$1,811$1,465$1,175$937$742$432
21 years$1,707$1,365$1,081$850$664$374
22 years$1,612$1,274$996$773$595$324
23 years$1,526$1,191$920$704$534$281
24 years$1,447$1,116$851$642$480$244
25 years$1,374$1,047$788$586$432$212
26 years$1,307$984$731$536$389$184
27 years$1,245$926$679$491$351$160
28 years$1,188$873$631$450$317$140
29 years$1,135$824$587$412$286$122
30 years$1,085$778$547$378$258$106
31 years$1,039$735$510$348$234$92
32 years$995$696$476$319$211$80
33 years$955$659$444$294$191$70
34 years$916$624$415$270$173$61
35 years$880$592$388$249$157$53
36 years$847$562$363$229$142$47
37 years$815$534$340$211$129$41
38 years$784$507$318$195$117$35
39 years$756$483$298$179$106$31
40 years$729$459$279$165$96$27
41 years$703$437$262$153$87$24
42 years$679$416$246$141$79$21
43 years$655$397$231$130$72$18
44 years$633$378$216$120$65$16
45 years$612$360$203$111$59$14
46 years$592$344$191$102$54$12
47 years$573$328$179$95$49$10
48 years$555$313$169$87$44$9
49 years$537$299$158$81$40$8
50 years$520$286$149$75$37$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $533,000, adding $6,547 every year, while hoping to spend $24,227 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: 70/6/24 Blend
39$533,000$533,000$533,000$533,000
40$594,119$565,870$557,609$631,672
41$628,942$567,821$550,511$659,577
42$666,505$569,054$542,364$686,677
43$707,061$569,511$533,106$715,763
44$750,891$569,126$522,675$747,033
45$798,300$567,832$511,002$780,701
46$849,625$565,554$498,020$817,005
47$905,237$562,217$483,654$856,209
48$965,544$557,738$467,829$898,603
49$1,030,993$552,031$450,465$944,508
50$1,102,078$545,003$431,478$994,276
51$1,179,339$536,558$410,782$1,048,299
52$1,263,374$526,592$388,286$1,107,008
53$1,354,838$514,995$363,894$1,170,877
54$1,454,454$501,652$337,506$1,240,433
55$1,563,015$486,440$309,020$1,316,254
56$1,681,396$469,229$278,325$1,398,980
57$1,810,559$449,881$245,310$1,489,316
58$1,951,563$428,252$209,854$1,588,040
59$2,105,574$404,188$171,836$1,696,012
60$2,273,874$377,525$131,124$1,814,180
61$2,457,878$348,092$87,585$1,943,589
62$2,659,140$315,707$41,078$2,085,393
63$2,879,373$280,178$0$2,240,864
64$3,120,464$241,301$0$2,413,599
65$3,384,488$198,863$0$2,614,322
66$3,673,734$152,635$0$2,834,253
67$3,990,721$102,379$0$3,075,321
68$4,338,221$47,842$0$3,339,649
69$4,719,290$0$0$3,629,576
70$5,137,293$0$0$3,948,422
71$5,595,936$0$0$4,301,764
72$6,099,302$0$0$4,689,590
73$6,651,888$0$0$5,115,369
74$7,258,647$0$0$5,582,922
75$7,925,036$0$0$6,096,458
76$8,657,065$0$0$6,660,613
77$9,461,358$0$0$7,280,494
78$10,345,208$0$0$7,961,729
79$11,316,653$0$0$8,710,517
80$12,384,547$0$0$9,533,687
81$13,558,644$0$0$10,438,764
82$14,849,692$0$0$11,434,036
83$16,269,530$0$0$12,528,637
84$17,831,205$0$0$13,732,631
85$19,549,090$0$0$15,057,102
86$21,439,020$0$0$16,514,268
87$23,518,445$0$0$18,117,587
88$25,806,589$0$0$19,881,889
89$28,324,637$0$0$21,823,513
90$31,095,926$0$0$23,960,463
91$34,146,176$0$0$26,312,578
92$37,503,723$0$0$28,901,714
93$41,199,791$0$0$31,751,958
94$45,268,785$0$0$34,889,849
95$49,748,614$0$0$38,344,629
96$54,681,052$0$0$42,148,521
97$60,112,128$0$0$46,337,031
98$66,092,563$0$0$50,949,284
99$72,678,245$0$0$56,028,392
100$79,930,761$0$0$61,621,861