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%14.4%
1 years$44,180$43,786$43,402$43,028$42,662$41,886
2 years$21,871$21,464$21,069$20,686$20,315$19,536
3 years$14,436$14,027$13,633$13,254$12,889$12,131
4 years$10,719$10,311$9,921$9,549$9,192$8,462
5 years$8,490$8,084$7,699$7,334$6,988$6,287
6 years$7,004$6,601$6,222$5,865$5,529$4,858
7 years$5,943$5,544$5,171$4,822$4,497$3,856
8 years$5,147$4,752$4,385$4,045$3,731$3,119
9 years$4,529$4,137$3,777$3,446$3,142$2,560
10 years$4,035$3,647$3,293$2,970$2,677$2,124
11 years$3,631$3,247$2,899$2,585$2,302$1,778
12 years$3,294$2,914$2,573$2,267$1,995$1,499
13 years$3,009$2,633$2,299$2,002$1,740$1,270
14 years$2,766$2,394$2,065$1,777$1,525$1,082
15 years$2,555$2,187$1,865$1,585$1,343$925
16 years$2,370$2,006$1,691$1,419$1,187$793
17 years$2,208$1,848$1,538$1,275$1,052$682
18 years$2,063$1,707$1,404$1,149$936$588
19 years$1,934$1,582$1,286$1,038$834$507
20 years$1,818$1,470$1,180$940$745$439
21 years$1,714$1,370$1,085$853$667$380
22 years$1,618$1,279$1,000$776$597$330
23 years$1,532$1,196$924$707$536$286
24 years$1,452$1,120$854$644$482$249
25 years$1,379$1,051$791$589$434$216
26 years$1,312$988$734$538$391$188
27 years$1,250$930$681$493$352$164
28 years$1,192$876$633$451$318$143
29 years$1,139$827$589$414$287$124
30 years$1,089$781$549$380$259$108
31 years$1,042$738$512$349$234$95
32 years$999$698$478$321$212$83
33 years$958$661$446$295$192$72
34 years$920$627$417$271$174$63
35 years$884$595$389$250$157$55
36 years$850$564$364$230$143$48
37 years$818$536$341$212$129$42
38 years$787$509$319$195$117$37
39 years$759$484$299$180$106$32
40 years$731$461$280$166$96$28
41 years$706$439$263$153$87$24
42 years$681$418$247$141$79$21
43 years$658$398$231$131$72$19
44 years$636$379$217$121$65$16
45 years$615$362$204$111$59$14
46 years$594$345$192$103$54$12
47 years$575$329$180$95$49$11
48 years$557$314$169$88$44$9
49 years$539$300$159$81$40$8
50 years$522$287$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 $535,000, adding $4,945 every year, while hoping to spend $28,595 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: 56/27/17 Blend
39$535,000$535,000$535,000$535,000
40$594,671$566,316$558,023$625,035
41$624,902$563,640$546,292$643,574
42$657,259$559,876$533,210$660,250
43$691,928$554,938$518,700$677,772
44$729,113$548,738$502,685$696,228
45$769,039$541,183$485,082$715,714
46$811,953$532,172$465,804$736,341
47$858,124$521,601$444,761$758,228
48$907,851$509,358$421,859$781,512
49$961,459$495,324$396,998$806,342
50$1,019,307$479,374$370,077$832,887
51$1,081,789$461,375$340,986$861,333
52$1,149,337$441,188$309,615$891,888
53$1,222,426$418,664$275,844$924,783
54$1,301,580$393,645$239,552$960,274
55$1,387,374$365,966$200,609$998,646
56$1,480,439$335,451$158,882$1,040,218
57$1,581,471$301,915$114,232$1,085,339
58$1,691,234$265,162$66,511$1,134,402
59$1,810,569$224,984$15,569$1,187,839
60$1,940,401$181,162$0$1,246,132
61$2,081,748$133,466$0$1,316,852
62$2,235,731$81,650$0$1,397,025
63$2,403,581$25,457$0$1,484,510
64$2,586,657$0$0$1,580,068
65$2,786,450$0$0$1,695,052
66$3,004,605$0$0$1,828,907
67$3,242,930$0$0$1,975,186
68$3,503,419$0$0$2,135,117
69$3,788,262$0$0$2,310,052
70$4,099,876$0$0$2,501,481
71$4,440,919$0$0$2,711,043
72$4,814,318$0$0$2,940,545
73$5,223,298$0$0$3,191,974
74$5,671,407$0$0$3,467,522
75$6,162,557$0$0$3,769,599
76$6,701,053$0$0$4,100,862
77$7,291,638$0$0$4,464,237
78$7,939,535$0$0$4,862,947
79$8,650,499$0$0$5,300,541
80$9,430,867$0$0$5,780,929
81$10,287,619$0$0$6,308,418
82$11,228,447$0$0$6,887,753
83$12,261,821$0$0$7,524,161
84$13,397,074$0$0$8,223,398
85$14,644,486$0$0$8,991,808
86$16,015,382$0$0$9,836,379
87$17,522,241$0$0$10,764,810
88$19,178,807$0$0$11,785,582
89$21,000,226$0$0$12,908,040
90$23,003,183$0$0$14,142,479
91$25,206,061$0$0$15,500,242
92$27,629,114$0$0$16,993,826
93$30,294,658$0$0$18,637,002
94$33,227,279$0$0$20,444,940
95$36,454,069$0$0$22,434,358
96$40,004,876$0$0$24,623,673
97$43,912,588$0$0$27,033,181
98$48,213,445$0$0$29,685,241
99$52,947,374$0$0$32,604,494
100$58,158,374$0$0$35,818,089