Can I retire at age 40 with 535,000?

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 $535,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$44,180$43,786$43,402$43,028$42,662$42,007
2 years$21,871$21,464$21,069$20,686$20,315$19,657
3 years$14,436$14,027$13,633$13,254$12,889$12,248
4 years$10,719$10,311$9,921$9,549$9,192$8,573
5 years$8,490$8,084$7,699$7,334$6,988$6,393
6 years$7,004$6,601$6,222$5,865$5,529$4,959
7 years$5,943$5,544$5,171$4,822$4,497$3,951
8 years$5,147$4,752$4,385$4,045$3,731$3,210
9 years$4,529$4,137$3,777$3,446$3,142$2,645
10 years$4,035$3,647$3,293$2,970$2,677$2,204
11 years$3,631$3,247$2,899$2,585$2,302$1,853
12 years$3,294$2,914$2,573$2,267$1,995$1,569
13 years$3,009$2,633$2,299$2,002$1,740$1,336
14 years$2,766$2,394$2,065$1,777$1,525$1,143
15 years$2,555$2,187$1,865$1,585$1,343$982
16 years$2,370$2,006$1,691$1,419$1,187$846
17 years$2,208$1,848$1,538$1,275$1,052$731
18 years$2,063$1,707$1,404$1,149$936$633
19 years$1,934$1,582$1,286$1,038$834$550
20 years$1,818$1,470$1,180$940$745$478
21 years$1,714$1,370$1,085$853$667$416
22 years$1,618$1,279$1,000$776$597$363
23 years$1,532$1,196$924$707$536$317
24 years$1,452$1,120$854$644$482$277
25 years$1,379$1,051$791$589$434$242
26 years$1,312$988$734$538$391$212
27 years$1,250$930$681$493$352$185
28 years$1,192$876$633$451$318$162
29 years$1,139$827$589$414$287$142
30 years$1,089$781$549$380$259$125
31 years$1,042$738$512$349$234$110
32 years$999$698$478$321$212$96
33 years$958$661$446$295$192$84
34 years$920$627$417$271$174$74
35 years$884$595$389$250$157$65
36 years$850$564$364$230$143$57
37 years$818$536$341$212$129$50
38 years$787$509$319$195$117$44
39 years$759$484$299$180$106$39
40 years$731$461$280$166$96$34
41 years$706$439$263$153$87$30
42 years$681$418$247$141$79$26
43 years$658$398$231$131$72$23
44 years$636$379$217$121$65$20
45 years$615$362$204$111$59$18
46 years$594$345$192$103$54$16
47 years$575$329$180$95$49$14
48 years$557$314$169$88$44$12
49 years$539$300$159$81$40$11
50 years$522$287$149$75$37$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $535,000, adding $6,124 every year, while hoping to spend $32,779 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: 49/21/30 Blend
39$535,000$535,000$535,000$535,000
40$595,887$567,532$559,239$619,737
41$621,791$560,464$543,097$630,059
42$649,238$551,952$525,316$637,569
43$678,352$541,889$505,806$645,104
44$709,267$530,164$484,473$652,682
45$742,129$516,659$461,219$660,327
46$777,099$501,249$435,943$668,066
47$814,353$483,800$408,538$675,932
48$854,085$464,174$378,891$683,964
49$896,503$442,220$346,886$692,206
50$941,841$417,783$312,400$700,710
51$990,350$390,696$275,308$709,539
52$1,042,309$360,784$235,474$718,761
53$1,098,023$327,860$192,761$728,459
54$1,157,826$291,730$147,022$738,723
55$1,222,084$252,185$98,108$749,659
56$1,291,201$209,006$45,859$761,388
57$1,365,618$161,962$0$774,047
58$1,445,822$110,809$0$790,959
59$1,532,345$55,287$0$825,003
60$1,625,773$0$0$861,739
61$1,726,751$0$0$902,578
62$1,835,985$0$0$960,623
63$1,954,254$0$0$1,023,516
64$2,082,413$0$0$1,091,720
65$2,221,403$0$0$1,165,740
66$2,372,256$0$0$1,246,134
67$2,536,111$0$0$1,333,515
68$2,714,219$0$0$1,428,558
69$2,907,956$0$0$1,532,004
70$3,118,836$0$0$1,644,670
71$3,348,524$0$0$1,767,456
72$3,598,856$0$0$1,901,348
73$3,871,848$0$0$2,047,437
74$4,169,721$0$0$2,206,919
75$4,494,920$0$0$2,381,113
76$4,850,136$0$0$2,571,472
77$5,238,331$0$0$2,779,593
78$5,662,767$0$0$3,007,237
79$6,127,034$0$0$3,256,339
80$6,635,086$0$0$3,529,035
81$7,191,277$0$0$3,827,673
82$7,800,401$0$0$4,154,840
83$8,467,737$0$0$4,513,386
84$9,199,100$0$0$4,906,448
85$10,000,893$0$0$5,337,483
86$10,880,169$0$0$5,810,296
87$11,844,696$0$0$6,329,081
88$12,903,028$0$0$6,898,454
89$14,064,591$0$0$7,523,504
90$15,339,766$0$0$8,209,833
91$16,739,986$0$0$8,963,614
92$18,277,850$0$0$9,791,647
93$19,967,232$0$0$10,701,422
94$21,823,420$0$0$11,701,191
95$23,863,255$0$0$12,800,046
96$26,105,289$0$0$14,008,002
97$28,569,962$0$0$15,336,094
98$31,279,793$0$0$16,796,478
99$34,259,590$0$0$18,402,548
100$37,536,689$0$0$20,169,062