Can I retire at age 40 with 552,000?

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 $552,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$45,584$45,178$44,781$44,395$44,017$42,642
2 years$22,566$22,146$21,739$21,344$20,961$19,588
3 years$14,895$14,473$14,066$13,675$13,298$11,970
4 years$11,060$10,639$10,237$9,852$9,484$8,212
5 years$8,759$8,341$7,944$7,567$7,210$5,996
6 years$7,226$6,811$6,420$6,052$5,705$4,551
7 years$6,132$5,720$5,335$4,975$4,640$3,545
8 years$5,311$4,903$4,525$4,174$3,849$2,813
9 years$4,673$4,269$3,897$3,555$3,241$2,263
10 years$4,163$3,763$3,397$3,065$2,762$1,840
11 years$3,746$3,350$2,991$2,667$2,375$1,508
12 years$3,399$3,007$2,655$2,339$2,058$1,244
13 years$3,105$2,717$2,372$2,065$1,795$1,031
14 years$2,854$2,470$2,131$1,833$1,573$858
15 years$2,636$2,256$1,924$1,635$1,385$717
16 years$2,446$2,070$1,744$1,464$1,224$601
17 years$2,278$1,906$1,587$1,315$1,086$504
18 years$2,129$1,762$1,449$1,185$965$424
19 years$1,996$1,633$1,326$1,071$860$357
20 years$1,876$1,517$1,217$970$769$302
21 years$1,768$1,413$1,120$880$688$255
22 years$1,670$1,319$1,032$801$616$215
23 years$1,580$1,234$953$729$553$182
24 years$1,498$1,156$881$665$497$154
25 years$1,423$1,085$816$607$448$131
26 years$1,354$1,020$757$555$403$111
27 years$1,290$960$703$508$363$94
28 years$1,230$904$653$466$328$80
29 years$1,175$853$608$427$296$67
30 years$1,124$806$566$392$268$57
31 years$1,076$761$528$360$242$49
32 years$1,031$721$493$331$219$41
33 years$989$682$460$304$198$35
34 years$949$647$430$280$179$30
35 years$912$613$402$258$162$25
36 years$877$582$376$237$147$21
37 years$844$553$352$219$133$18
38 years$812$526$330$202$121$15
39 years$783$500$309$186$110$13
40 years$755$475$289$171$99$11
41 years$728$453$271$158$90$9
42 years$703$431$255$146$82$8
43 years$679$411$239$135$74$7
44 years$656$391$224$124$67$6
45 years$634$373$210$115$61$5
46 years$613$356$198$106$56$4
47 years$593$340$186$98$50$4
48 years$574$324$175$91$46$3
49 years$556$310$164$84$42$3
50 years$539$296$154$77$38$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $552,000, adding $3,136 every year, while hoping to spend $31,497 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: 45/26/29 Blend
39$552,000$552,000$552,000$552,000
40$611,539$582,283$573,727$633,807
41$640,403$577,302$559,434$644,991
42$671,156$571,022$543,607$653,857
43$703,957$563,345$526,161$662,874
44$738,980$554,168$507,007$672,076
45$776,417$543,384$486,053$681,498
46$816,478$530,875$463,201$691,186
47$859,392$516,522$438,352$701,188
48$905,412$500,193$411,398$711,565
49$954,814$481,753$382,230$722,381
50$1,007,902$461,056$350,732$733,715
51$1,065,010$437,949$316,784$745,653
52$1,126,503$412,271$280,258$758,295
53$1,192,784$383,849$241,024$771,755
54$1,264,293$352,504$198,944$786,160
55$1,341,517$318,042$153,875$801,656
56$1,424,988$280,263$105,666$818,408
57$1,515,292$238,951$54,161$836,600
58$1,613,074$193,881$0$856,443
59$1,719,040$144,814$0$878,418
60$1,833,970$91,498$0$920,444
61$1,958,720$33,666$0$966,094
62$2,094,232$0$0$1,015,759
63$2,241,541$0$0$1,078,157
64$2,401,787$0$0$1,156,570
65$2,576,224$0$0$1,241,987
66$2,766,231$0$0$1,335,092
67$2,973,326$0$0$1,436,635
68$3,199,181$0$0$1,547,444
69$3,445,635$0$0$1,668,431
70$3,714,711$0$0$1,800,598
71$4,008,638$0$0$1,945,048
72$4,329,868$0$0$2,102,997
73$4,681,103$0$0$2,275,783
74$5,065,317$0$0$2,464,878
75$5,485,782$0$0$2,671,906
76$5,946,104$0$0$2,898,653
77$6,450,254$0$0$3,147,085
78$7,002,603$0$0$3,419,370
79$7,607,966$0$0$3,717,892
80$8,271,645$0$0$4,045,282
81$8,999,482$0$0$4,404,432
82$9,797,907$0$0$4,798,531
83$10,674,007$0$0$5,231,091
84$11,635,586$0$0$5,705,981
85$12,691,240$0$0$6,227,460
86$13,850,439$0$0$6,800,224
87$15,123,613$0$0$7,429,442
88$16,522,255$0$0$8,120,813
89$18,059,024$0$0$8,880,610
90$19,747,865$0$0$9,715,749
91$21,604,143$0$0$10,633,844
92$23,644,784$0$0$11,643,289
93$25,888,436$0$0$12,753,328
94$28,355,645$0$0$13,974,148
95$31,069,048$0$0$15,316,971
96$34,053,582$0$0$16,794,161
97$37,336,728$0$0$18,419,343
98$40,948,759$0$0$20,207,527
99$44,923,033$0$0$22,175,252
100$49,296,305$0$0$24,340,742