Can I retire at age 40 with 534,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $534,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$44,097$43,704$43,321$42,947$42,582$41,120
2 years$21,830$21,424$21,030$20,648$20,277$18,819
3 years$14,409$14,001$13,608$13,229$12,865$11,457
4 years$10,699$10,292$9,903$9,531$9,175$7,828
5 years$8,474$8,069$7,685$7,321$6,975$5,691
6 years$6,991$6,589$6,211$5,854$5,519$4,300
7 years$5,932$5,533$5,161$4,813$4,488$3,335
8 years$5,138$4,743$4,377$4,038$3,724$2,634
9 years$4,521$4,130$3,770$3,439$3,136$2,109
10 years$4,027$3,640$3,287$2,965$2,672$1,706
11 years$3,624$3,241$2,894$2,580$2,298$1,391
12 years$3,288$2,909$2,568$2,263$1,991$1,141
13 years$3,004$2,629$2,294$1,998$1,736$941
14 years$2,761$2,389$2,061$1,774$1,522$779
15 years$2,550$2,183$1,861$1,582$1,340$647
16 years$2,366$2,003$1,687$1,416$1,184$539
17 years$2,204$1,844$1,536$1,272$1,050$450
18 years$2,059$1,704$1,402$1,147$934$376
19 years$1,931$1,579$1,283$1,036$832$315
20 years$1,815$1,468$1,178$938$743$264
21 years$1,710$1,367$1,083$852$665$222
22 years$1,615$1,276$998$774$596$186
23 years$1,529$1,194$922$705$535$157
24 years$1,450$1,118$853$643$481$132
25 years$1,377$1,049$790$587$433$111
26 years$1,310$986$732$537$390$93
27 years$1,248$928$680$492$352$79
28 years$1,190$875$632$450$317$66
29 years$1,137$825$588$413$286$56
30 years$1,087$779$548$379$259$47
31 years$1,041$737$511$348$234$40
32 years$997$697$477$320$212$33
33 years$956$660$445$294$192$28
34 years$918$626$416$271$173$24
35 years$882$593$389$249$157$20
36 years$848$563$364$230$142$17
37 years$816$535$340$211$129$14
38 years$786$508$319$195$117$12
39 years$757$483$299$180$106$10
40 years$730$460$280$166$96$9
41 years$704$438$262$153$87$7
42 years$680$417$246$141$79$6
43 years$657$397$231$130$72$5
44 years$634$379$217$120$65$4
45 years$613$361$204$111$59$4
46 years$593$344$191$103$54$3
47 years$574$329$180$95$49$3
48 years$556$314$169$88$44$2
49 years$538$300$159$81$40$2
50 years$521$286$149$75$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $534,000, adding $4,649 every year, while hoping to spend $37,648 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: 40/48/12 Blend
39$534,000$534,000$534,000$534,000
40$593,263$564,961$556,684$614,692
41$613,719$552,587$535,276$617,889
42$635,000$538,345$511,889$617,284
43$657,149$522,104$486,417$615,799
44$680,215$503,724$458,749$613,372
45$704,249$483,058$428,769$609,937
46$729,306$459,952$396,356$605,426
47$755,445$434,239$361,384$599,765
48$782,731$405,747$323,721$592,879
49$811,232$374,292$283,228$584,689
50$841,024$339,677$239,762$575,112
51$872,185$301,699$193,171$564,061
52$904,805$260,139$143,299$551,446
53$938,977$214,768$89,982$537,172
54$974,804$165,342$33,047$521,142
55$1,012,397$111,607$0$503,253
56$1,051,876$53,291$0$486,948
57$1,093,373$0$0$473,314
58$1,137,030$0$0$463,252
59$1,183,003$0$0$482,321
60$1,231,459$0$0$502,448
61$1,282,584$0$0$523,711
62$1,336,577$0$0$546,199
63$1,393,657$0$0$570,007
64$1,454,063$0$0$595,238
65$1,518,055$0$0$622,006
66$1,585,918$0$0$650,434
67$1,657,964$0$0$680,660
68$1,734,532$0$0$712,831
69$1,815,995$0$0$747,109
70$1,902,760$0$0$783,674
71$1,995,273$0$0$822,719
72$2,094,023$0$0$864,459
73$2,199,546$0$0$909,128
74$2,312,428$0$0$956,983
75$2,433,312$0$0$1,008,305
76$2,562,905$0$0$1,063,405
77$2,701,980$0$0$1,122,620
78$2,851,387$0$0$1,186,323
79$3,012,059$0$0$1,254,924
80$3,185,018$0$0$1,328,872
81$3,371,390$0$0$1,408,660
82$3,572,409$0$0$1,494,829
83$3,789,432$0$0$1,587,976
84$4,023,949$0$0$1,688,756
85$4,277,599$0$0$1,797,887
86$4,552,182$0$0$1,916,161
87$4,849,678$0$0$2,044,449
88$5,172,264$0$0$2,183,706
89$5,522,333$0$0$2,334,985
90$5,902,517$0$0$2,499,444
91$6,315,713$0$0$2,678,355
92$6,765,106$0$0$2,873,121
93$7,254,200$0$0$3,085,282
94$7,786,852$0$0$3,316,535
95$8,367,306$0$0$3,568,748
96$9,000,230$0$0$3,843,975
97$9,690,766$0$0$4,144,479
98$10,444,571$0$0$4,472,749
99$11,267,873$0$0$4,831,527
100$12,167,526$0$0$5,223,831