Can I retire at age 40 with 552,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.4%
1 years$45,584$45,178$44,781$44,395$44,017$42,694
2 years$22,566$22,146$21,739$21,344$20,961$19,638
3 years$14,895$14,473$14,066$13,675$13,298$12,019
4 years$11,060$10,639$10,237$9,852$9,484$8,257
5 years$8,759$8,341$7,944$7,567$7,210$6,039
6 years$7,226$6,811$6,420$6,052$5,705$4,591
7 years$6,132$5,720$5,335$4,975$4,640$3,582
8 years$5,311$4,903$4,525$4,174$3,849$2,848
9 years$4,673$4,269$3,897$3,555$3,241$2,295
10 years$4,163$3,763$3,397$3,065$2,762$1,869
11 years$3,746$3,350$2,991$2,667$2,375$1,535
12 years$3,399$3,007$2,655$2,339$2,058$1,269
13 years$3,105$2,717$2,372$2,065$1,795$1,054
14 years$2,854$2,470$2,131$1,833$1,573$879
15 years$2,636$2,256$1,924$1,635$1,385$736
16 years$2,446$2,070$1,744$1,464$1,224$618
17 years$2,278$1,906$1,587$1,315$1,086$520
18 years$2,129$1,762$1,449$1,185$965$438
19 years$1,996$1,633$1,326$1,071$860$370
20 years$1,876$1,517$1,217$970$769$313
21 years$1,768$1,413$1,120$880$688$265
22 years$1,670$1,319$1,032$801$616$224
23 years$1,580$1,234$953$729$553$190
24 years$1,498$1,156$881$665$497$162
25 years$1,423$1,085$816$607$448$137
26 years$1,354$1,020$757$555$403$116
27 years$1,290$960$703$508$363$99
28 years$1,230$904$653$466$328$84
29 years$1,175$853$608$427$296$72
30 years$1,124$806$566$392$268$61
31 years$1,076$761$528$360$242$52
32 years$1,031$721$493$331$219$44
33 years$989$682$460$304$198$38
34 years$949$647$430$280$179$32
35 years$912$613$402$258$162$27
36 years$877$582$376$237$147$23
37 years$844$553$352$219$133$20
38 years$812$526$330$202$121$17
39 years$783$500$309$186$110$14
40 years$755$475$289$171$99$12
41 years$728$453$271$158$90$10
42 years$703$431$255$146$82$9
43 years$679$411$239$135$74$8
44 years$656$391$224$124$67$6
45 years$634$373$210$115$61$5
46 years$613$356$198$106$56$5
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 $3,488 every year, while hoping to spend $26,483 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: 54/34/12 Blend
39$552,000$552,000$552,000$552,000
40$611,902$582,646$574,090$642,863
41$646,138$583,018$565,144$664,667
42$682,979$582,520$555,011$685,223
43$722,662$581,083$543,623$706,982
44$765,448$578,631$530,909$730,064
45$811,625$575,084$516,795$754,601
46$861,506$570,359$501,204$780,741
47$915,439$564,366$484,053$808,650
48$973,804$557,010$465,259$838,508
49$1,037,019$548,191$444,733$870,519
50$1,105,545$537,802$422,381$904,906
51$1,179,887$525,731$398,107$941,918
52$1,260,601$511,858$371,810$981,832
53$1,348,300$496,056$343,383$1,024,954
54$1,443,657$478,193$312,716$1,071,621
55$1,547,411$458,126$279,694$1,122,212
56$1,660,378$435,705$244,195$1,177,141
57$1,783,455$410,773$206,093$1,236,870
58$1,917,627$383,161$165,257$1,301,912
59$2,063,981$352,692$121,550$1,372,830
60$2,223,712$319,178$74,827$1,450,253
61$2,398,136$282,423$24,938$1,534,874
62$2,588,700$242,216$0$1,627,461
63$2,797,000$198,337$0$1,732,487
64$3,024,790$150,552$0$1,850,912
65$3,274,003$98,613$0$1,980,602
66$3,546,767$42,261$0$2,122,731
67$3,845,427$0$0$2,278,593
68$4,172,561$0$0$2,456,648
69$4,531,013$0$0$2,669,125
70$4,923,911$0$0$2,902,074
71$5,354,703$0$0$3,157,546
72$5,827,185$0$0$3,437,800
73$6,345,539$0$0$3,745,322
74$6,914,371$0$0$4,082,853
75$7,538,754$0$0$4,453,410
76$8,224,275$0$0$4,860,319
77$8,977,092$0$0$5,307,241
78$9,803,985$0$0$5,798,211
79$10,712,425$0$0$6,337,673
80$11,710,642$0$0$6,930,524
81$12,807,701$0$0$7,582,157
82$14,013,592$0$0$8,298,516
83$15,339,317$0$0$9,086,147
84$16,797,002$0$0$9,952,263
85$18,400,002$0$0$10,904,813
86$20,163,034$0$0$11,952,551
87$22,102,312$0$0$13,105,125
88$24,235,699$0$0$14,373,165
89$26,582,878$0$0$15,768,380
90$29,165,537$0$0$17,303,676
91$32,007,570$0$0$18,993,271
92$35,135,306$0$0$20,852,829
93$38,577,754$0$0$22,899,613
94$42,366,879$0$0$25,152,643
95$46,537,902$0$0$27,632,875
96$51,129,632$0$0$30,363,403
97$56,184,831$0$0$33,369,673
98$61,750,620$0$0$36,679,721
99$67,878,920$0$0$40,324,445
100$74,626,943$0$0$44,337,887