Can I retire at age 40 with 539,000?

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 $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$44,510$44,114$43,727$43,349$42,981$42,656
2 years$22,035$21,624$21,227$20,841$20,467$20,140
3 years$14,544$14,132$13,735$13,353$12,985$12,665
4 years$10,799$10,388$9,996$9,620$9,261$8,951
5 years$8,553$8,145$7,757$7,389$7,040$6,741
6 years$7,056$6,651$6,269$5,909$5,571$5,283
7 years$5,987$5,585$5,209$4,858$4,530$4,254
8 years$5,186$4,788$4,418$4,075$3,758$3,493
9 years$4,563$4,168$3,805$3,471$3,165$2,911
10 years$4,065$3,674$3,317$2,992$2,697$2,454
11 years$3,658$3,271$2,921$2,604$2,319$2,088
12 years$3,319$2,936$2,592$2,284$2,010$1,789
13 years$3,032$2,653$2,316$2,017$1,753$1,542
14 years$2,786$2,412$2,081$1,790$1,536$1,336
15 years$2,574$2,203$1,879$1,597$1,353$1,163
16 years$2,388$2,021$1,703$1,430$1,196$1,015
17 years$2,224$1,862$1,550$1,284$1,060$889
18 years$2,079$1,720$1,415$1,158$943$781
19 years$1,949$1,594$1,295$1,046$840$687
20 years$1,832$1,481$1,189$947$750$606
21 years$1,726$1,380$1,093$860$672$535
22 years$1,630$1,288$1,008$782$602$473
23 years$1,543$1,205$930$712$540$419
24 years$1,463$1,129$861$649$486$372
25 years$1,390$1,059$797$593$437$330
26 years$1,322$996$739$542$394$293
27 years$1,259$937$686$496$355$261
28 years$1,201$883$638$455$320$232
29 years$1,147$833$594$417$289$206
30 years$1,097$787$553$383$261$184
31 years$1,050$744$516$351$236$164
32 years$1,006$704$481$323$214$146
33 years$965$666$449$297$193$130
34 years$927$631$420$273$175$116
35 years$890$599$392$252$159$104
36 years$856$568$367$232$144$92
37 years$824$540$344$213$130$83
38 years$793$513$322$197$118$74
39 years$764$488$301$181$107$66
40 years$737$464$283$167$97$59
41 years$711$442$265$154$88$53
42 years$686$421$249$142$80$47
43 years$663$401$233$132$73$42
44 years$640$382$219$121$66$37
45 years$619$364$206$112$60$33
46 years$599$348$193$104$54$30
47 years$579$332$181$96$49$27
48 years$561$317$170$88$45$24
49 years$543$302$160$82$41$21
50 years$526$289$151$76$37$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $539,000, adding $5,719 every year, while hoping to spend $34,400 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$539,000$539,000$539,000$539,000
40$599,877$571,310$562,956$637,853
41$624,463$562,703$545,213$655,377
42$650,404$552,521$525,724$670,008
43$677,802$540,651$504,392$685,203
44$706,768$526,973$481,119$701,014
45$737,422$511,359$455,801$717,503
46$769,898$493,675$428,329$734,735
47$804,341$473,778$398,591$752,786
48$840,908$451,517$366,468$771,740
49$879,772$426,733$331,836$791,688
50$921,123$399,256$294,567$812,733
51$965,167$368,910$254,524$834,993
52$1,012,132$335,504$211,569$858,593
53$1,062,265$298,840$165,552$883,678
54$1,115,839$258,706$116,321$910,406
55$1,173,152$214,880$63,716$938,953
56$1,234,532$167,127$7,568$969,515
57$1,300,336$115,199$0$1,002,311
58$1,370,959$58,832$0$1,050,987
59$1,446,831$0$0$1,105,347
60$1,528,428$0$0$1,163,946
61$1,616,269$0$0$1,231,232
62$1,710,927$0$0$1,303,761
63$1,813,027$0$0$1,382,016
64$1,923,262$0$0$1,466,529
65$2,042,387$0$0$1,557,884
66$2,171,236$0$0$1,656,723
67$2,310,724$0$0$1,763,752
68$2,461,858$0$0$1,879,746
69$2,625,743$0$0$2,005,559
70$2,803,598$0$0$2,142,128
71$2,996,759$0$0$2,290,484
72$3,206,699$0$0$2,451,764
73$3,435,038$0$0$2,627,216
74$3,683,558$0$0$2,818,212
75$3,954,217$0$0$3,026,266
76$4,249,175$0$0$3,253,039
77$4,570,804$0$0$3,500,364
78$4,921,718$0$0$3,770,254
79$5,304,793$0$0$4,064,928
80$5,723,196$0$0$4,386,827
81$6,180,411$0$0$4,738,639
82$6,680,275$0$0$5,123,323
83$7,227,013$0$0$5,544,137
84$7,825,278$0$0$6,004,669
85$8,480,190$0$0$6,508,868
86$9,197,391$0$0$7,061,085
87$9,983,091$0$0$7,666,110
88$10,844,130$0$0$8,329,218
89$11,788,043$0$0$9,056,220
90$12,823,126$0$0$9,853,515
91$13,958,518$0$0$10,728,152
92$15,204,283$0$0$11,687,893
93$16,571,510$0$0$12,741,290
94$18,072,410$0$0$13,897,762
95$19,720,436$0$0$15,167,685
96$21,530,407$0$0$16,562,490
97$23,518,647$0$0$18,094,767
98$25,703,140$0$0$19,778,388
99$28,103,697$0$0$21,628,634
100$30,742,144$0$0$23,662,340