Can I retire at age 40 with 546,000?

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 $546,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$45,088$44,687$44,295$43,912$43,539$42,230
2 years$22,321$21,905$21,502$21,112$20,733$19,425
3 years$14,733$14,315$13,913$13,526$13,154$11,888
4 years$10,939$10,523$10,125$9,745$9,381$8,168
5 years$8,664$8,250$7,858$7,485$7,132$5,973
6 years$7,148$6,737$6,350$5,986$5,643$4,541
7 years$6,065$5,658$5,277$4,921$4,589$3,543
8 years$5,253$4,850$4,475$4,128$3,807$2,817
9 years$4,622$4,223$3,855$3,516$3,206$2,270
10 years$4,118$3,722$3,361$3,031$2,732$1,849
11 years$3,705$3,313$2,959$2,638$2,349$1,518
12 years$3,362$2,974$2,626$2,314$2,036$1,255
13 years$3,071$2,688$2,346$2,043$1,775$1,043
14 years$2,823$2,443$2,108$1,813$1,556$870
15 years$2,607$2,232$1,903$1,617$1,370$728
16 years$2,419$2,048$1,725$1,448$1,211$611
17 years$2,253$1,886$1,570$1,301$1,074$514
18 years$2,106$1,742$1,433$1,173$955$434
19 years$1,974$1,615$1,312$1,059$851$366
20 years$1,856$1,501$1,204$960$760$310
21 years$1,749$1,398$1,108$871$680$262
22 years$1,652$1,305$1,021$792$610$222
23 years$1,563$1,220$943$721$547$188
24 years$1,482$1,143$872$658$492$160
25 years$1,408$1,073$807$601$443$136
26 years$1,339$1,008$749$549$399$115
27 years$1,276$949$695$503$360$98
28 years$1,217$894$646$461$324$83
29 years$1,162$844$602$422$293$71
30 years$1,111$797$560$388$265$60
31 years$1,064$753$522$356$239$51
32 years$1,019$713$487$327$216$44
33 years$978$675$455$301$196$37
34 years$939$640$425$277$177$32
35 years$902$607$397$255$161$27
36 years$867$576$372$235$146$23
37 years$834$547$348$216$132$19
38 years$803$520$326$199$120$17
39 years$774$494$305$184$108$14
40 years$746$470$286$170$98$12
41 years$720$448$268$156$89$10
42 years$695$426$252$144$81$9
43 years$671$406$236$133$73$7
44 years$649$387$222$123$67$6
45 years$627$369$208$114$61$5
46 years$607$352$196$105$55$5
47 years$587$336$184$97$50$4
48 years$568$321$173$90$45$3
49 years$550$306$162$83$41$3
50 years$533$293$153$77$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $546,000, adding $4,637 every year, while hoping to spend $34,440 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: 29/47/24 Blend
39$546,000$546,000$546,000$546,000
40$606,475$577,537$569,074$619,423
41$631,692$569,192$551,494$621,520
42$658,326$559,285$532,171$620,424
43$686,486$547,701$511,010$618,536
44$716,291$534,321$487,912$615,810
45$747,869$519,019$462,773$612,198
46$781,361$501,661$435,485$607,654
47$816,921$482,104$405,936$602,129
48$854,719$460,198$374,006$595,572
49$894,937$435,785$339,572$587,935
50$937,778$408,696$302,505$579,166
51$983,463$378,754$262,671$569,216
52$1,032,234$345,770$219,928$558,034
53$1,084,357$309,547$174,130$545,570
54$1,140,120$269,874$125,123$531,777
55$1,199,845$226,530$72,747$516,608
56$1,263,879$179,280$16,834$500,015
57$1,332,607$127,877$0$481,958
58$1,406,449$72,059$0$473,366
59$1,485,867$11,551$0$468,548
60$1,571,369$0$0$463,206
61$1,663,511$0$0$485,263
62$1,762,905$0$0$515,567
63$1,870,224$0$0$548,357
64$1,986,205$0$0$583,869
65$2,111,661$0$0$622,359
66$2,247,483$0$0$664,112
67$2,394,653$0$0$709,439
68$2,554,249$0$0$758,684
69$2,727,458$0$0$812,223
70$2,915,582$0$0$870,472
71$3,120,058$0$0$933,888
72$3,342,464$0$0$1,002,973
73$3,584,536$0$0$1,078,280
74$3,848,185$0$0$1,160,418
75$4,135,515$0$0$1,250,058
76$4,448,839$0$0$1,347,935
77$4,790,704$0$0$1,454,863
78$5,163,914$0$0$1,571,735
79$5,571,555$0$0$1,699,534
80$6,017,024$0$0$1,839,345
81$6,504,062$0$0$1,992,360
82$7,036,787$0$0$2,159,893
83$7,619,733$0$0$2,343,390
84$8,257,894$0$0$2,544,444
85$8,956,766$0$0$2,764,809
86$9,722,406$0$0$3,006,418
87$10,561,480$0$0$3,271,398
88$11,481,333$0$0$3,562,094
89$12,490,051$0$0$3,881,086
90$13,596,545$0$0$4,231,219
91$14,810,624$0$0$4,615,625
92$16,143,098$0$0$5,037,753
93$17,605,870$0$0$5,501,407
94$19,212,055$0$0$6,010,771
95$20,976,097$0$0$6,570,460
96$22,913,911$0$0$7,185,554
97$25,043,027$0$0$7,861,653
98$27,382,757$0$0$8,604,924
99$29,954,378$0$0$9,422,161
100$32,781,330$0$0$10,320,853