Can I retire at age 40 with 537,000?

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 $537,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$44,345$43,950$43,565$43,188$42,821$41,991
2 years$21,953$21,544$21,148$20,764$20,391$19,558
3 years$14,490$14,079$13,684$13,303$12,937$12,127
4 years$10,759$10,350$9,958$9,584$9,227$8,446
5 years$8,521$8,114$7,728$7,362$7,014$6,265
6 years$7,030$6,626$6,246$5,887$5,550$4,833
7 years$5,965$5,564$5,190$4,840$4,514$3,830
8 years$5,167$4,770$4,402$4,060$3,744$3,093
9 years$4,546$4,153$3,791$3,459$3,153$2,534
10 years$4,050$3,661$3,305$2,981$2,687$2,099
11 years$3,644$3,259$2,910$2,595$2,311$1,753
12 years$3,306$2,925$2,582$2,276$2,002$1,475
13 years$3,021$2,643$2,307$2,009$1,746$1,248
14 years$2,776$2,403$2,073$1,784$1,531$1,060
15 years$2,564$2,195$1,872$1,591$1,348$904
16 years$2,379$2,014$1,697$1,424$1,191$774
17 years$2,216$1,855$1,544$1,280$1,056$664
18 years$2,071$1,714$1,410$1,153$939$571
19 years$1,942$1,588$1,290$1,042$837$492
20 years$1,825$1,476$1,184$944$748$425
21 years$1,720$1,375$1,089$857$669$367
22 years$1,624$1,283$1,004$779$600$318
23 years$1,537$1,200$927$709$538$275
24 years$1,458$1,125$857$647$484$238
25 years$1,384$1,055$794$591$435$207
26 years$1,317$992$736$540$392$180
27 years$1,255$933$684$494$354$156
28 years$1,197$880$636$453$319$136
29 years$1,143$830$592$415$288$118
30 years$1,093$784$551$381$260$102
31 years$1,046$741$514$350$235$89
32 years$1,003$701$479$322$213$78
33 years$962$664$448$296$193$68
34 years$923$629$418$272$174$59
35 years$887$597$391$251$158$51
36 years$853$566$366$231$143$45
37 years$821$538$342$213$130$39
38 years$790$511$321$196$118$34
39 years$761$486$300$181$107$29
40 years$734$463$281$167$97$26
41 years$708$440$264$154$88$22
42 years$684$419$248$142$80$20
43 years$660$400$232$131$72$17
44 years$638$381$218$121$66$15
45 years$617$363$205$112$60$13
46 years$597$346$192$103$54$11
47 years$577$331$181$95$49$10
48 years$559$316$170$88$45$9
49 years$541$301$160$81$41$7
50 years$524$288$150$75$37$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $537,000, adding $2,508 every year, while hoping to spend $31,660 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: 26/49/25 Blend
39$537,000$537,000$537,000$537,000
40$594,361$565,900$557,577$605,086
41$621,300$559,943$542,569$608,002
42$649,925$552,633$525,998$608,227
43$680,376$543,871$507,778$607,805
44$712,804$533,550$487,817$606,700
45$747,375$521,558$466,024$604,879
46$784,270$507,778$442,299$602,308
47$823,690$492,084$416,541$598,954
48$865,853$474,342$388,641$594,781
49$910,998$454,413$358,489$589,759
50$959,388$432,147$325,966$583,856
51$1,011,310$407,387$290,951$577,042
52$1,067,082$379,968$253,316$569,289
53$1,127,050$349,712$212,928$560,572
54$1,191,596$316,434$169,647$550,868
55$1,261,137$279,937$123,329$540,160
56$1,336,133$240,014$73,820$528,432
57$1,417,089$196,446$20,964$515,675
58$1,504,559$148,999$0$501,887
59$1,599,154$97,430$0$496,527
60$1,701,543$41,479$0$496,734
61$1,812,463$0$0$496,982
62$1,932,724$0$0$507,666
63$2,063,216$0$0$543,602
64$2,204,919$0$0$582,705
65$2,358,910$0$0$625,282
66$2,526,375$0$0$671,670
67$2,708,617$0$0$722,242
68$2,907,071$0$0$777,407
69$3,123,315$0$0$837,617
70$3,359,088$0$0$903,366
71$3,616,302$0$0$975,202
72$3,897,061$0$0$1,053,725
73$4,203,682$0$0$1,139,598
74$4,538,715$0$0$1,233,550
75$4,904,969$0$0$1,336,382
76$5,305,535$0$0$1,448,979
77$5,743,818$0$0$1,572,314
78$6,223,564$0$0$1,707,459
79$6,748,901$0$0$1,855,593
80$7,324,374$0$0$2,018,018
81$7,954,989$0$0$2,196,164
82$8,646,258$0$0$2,391,608
83$9,404,252$0$0$2,606,089
84$10,235,657$0$0$2,841,518
85$11,147,840$0$0$3,100,003
86$12,148,911$0$0$3,383,867
87$13,247,808$0$0$3,695,666
88$14,454,373$0$0$4,038,218
89$15,779,449$0$0$4,414,627
90$17,234,981$0$0$4,828,311
91$18,834,127$0$0$5,283,038
92$20,591,382$0$0$5,782,957
93$22,522,718$0$0$6,332,641
94$24,645,727$0$0$6,937,128
95$26,979,791$0$0$7,601,967
96$29,546,267$0$0$8,333,272
97$32,368,681$0$0$9,137,782
98$35,472,956$0$0$10,022,919
99$38,887,650$0$0$10,996,863
100$42,644,232$0$0$12,068,624