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%11.4%
1 years$45,584$45,178$44,781$44,395$44,017$43,758
2 years$22,566$22,146$21,739$21,344$20,961$20,699
3 years$14,895$14,473$14,066$13,675$13,298$13,043
4 years$11,060$10,639$10,237$9,852$9,484$9,237
5 years$8,759$8,341$7,944$7,567$7,210$6,971
6 years$7,226$6,811$6,420$6,052$5,705$5,474
7 years$6,132$5,720$5,335$4,975$4,640$4,418
8 years$5,311$4,903$4,525$4,174$3,849$3,636
9 years$4,673$4,269$3,897$3,555$3,241$3,038
10 years$4,163$3,763$3,397$3,065$2,762$2,567
11 years$3,746$3,350$2,991$2,667$2,375$2,189
12 years$3,399$3,007$2,655$2,339$2,058$1,880
13 years$3,105$2,717$2,372$2,065$1,795$1,625
14 years$2,854$2,470$2,131$1,833$1,573$1,412
15 years$2,636$2,256$1,924$1,635$1,385$1,232
16 years$2,446$2,070$1,744$1,464$1,224$1,078
17 years$2,278$1,906$1,587$1,315$1,086$947
18 years$2,129$1,762$1,449$1,185$965$834
19 years$1,996$1,633$1,326$1,071$860$736
20 years$1,876$1,517$1,217$970$769$651
21 years$1,768$1,413$1,120$880$688$577
22 years$1,670$1,319$1,032$801$616$512
23 years$1,580$1,234$953$729$553$454
24 years$1,498$1,156$881$665$497$404
25 years$1,423$1,085$816$607$448$360
26 years$1,354$1,020$757$555$403$321
27 years$1,290$960$703$508$363$286
28 years$1,230$904$653$466$328$255
29 years$1,175$853$608$427$296$228
30 years$1,124$806$566$392$268$204
31 years$1,076$761$528$360$242$182
32 years$1,031$721$493$331$219$163
33 years$989$682$460$304$198$146
34 years$949$647$430$280$179$130
35 years$912$613$402$258$162$117
36 years$877$582$376$237$147$104
37 years$844$553$352$219$133$94
38 years$812$526$330$202$121$84
39 years$783$500$309$186$110$75
40 years$755$475$289$171$99$67
41 years$728$453$271$158$90$60
42 years$703$431$255$146$82$54
43 years$679$411$239$135$74$49
44 years$656$391$224$124$67$44
45 years$634$373$210$115$61$39
46 years$613$356$198$106$56$35
47 years$593$340$186$98$50$31
48 years$574$324$175$91$46$28
49 years$556$310$164$84$42$25
50 years$539$296$154$77$38$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $552,000, adding $4,058 every year, while hoping to spend $20,880 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$612,490$583,234$574,678$643,451
41$652,748$589,596$571,713$671,309
42$696,412$595,570$567,950$699,010
43$743,808$601,115$563,338$728,675
44$795,294$606,188$557,828$760,496
45$851,264$610,740$551,364$794,682
46$912,150$614,724$543,893$831,469
47$978,429$618,086$535,353$871,112
48$1,050,626$620,769$525,685$913,897
49$1,129,318$622,714$514,823$960,137
50$1,215,139$623,858$502,700$1,010,180
51$1,308,789$624,133$489,246$1,064,409
52$1,411,037$623,467$474,387$1,123,246
53$1,522,730$621,784$458,046$1,187,160
54$1,644,800$619,003$440,143$1,256,666
55$1,778,274$615,039$420,592$1,332,335
56$1,924,282$609,799$399,306$1,414,795
57$2,084,068$603,189$376,192$1,504,741
58$2,259,003$595,106$351,155$1,602,940
59$2,450,597$585,441$324,093$1,710,240
60$2,660,509$574,079$294,902$1,827,575
61$2,890,571$560,899$263,472$1,955,977
62$3,142,798$545,772$229,687$2,096,585
63$3,419,410$528,562$193,428$2,250,658
64$3,722,852$509,123$154,570$2,419,583
65$4,055,817$487,304$112,982$2,604,893
66$4,421,271$462,943$68,528$2,808,277
67$4,822,482$435,869$21,065$3,031,602
68$5,263,049$405,900$0$3,276,927
69$5,746,938$372,846$0$3,550,312
70$6,278,515$336,505$0$3,853,601
71$6,862,592$296,663$0$4,186,881
72$7,504,472$253,094$0$4,553,225
73$8,209,992$205,560$0$4,956,025
74$8,985,588$153,809$0$5,399,018
75$9,838,347$97,575$0$5,886,327
76$10,776,078$36,577$0$6,422,500
77$11,807,387$0$0$7,012,550
78$12,941,751$0$0$7,673,037
79$14,189,616$0$0$8,414,724
80$15,562,489$0$0$9,230,772
81$17,073,049$0$0$10,128,727
82$18,735,267$0$0$11,116,899
83$20,564,535$0$0$12,204,450
84$22,577,814$0$0$13,401,469
85$24,793,792$0$0$14,719,078
86$27,233,060$0$0$16,169,529
87$29,918,308$0$0$17,766,322
88$32,874,537$0$0$19,524,335
89$36,129,296$0$0$21,459,959
90$39,712,938$0$0$23,591,257
91$43,658,914$0$0$25,938,133
92$48,004,079$0$0$28,522,518
93$52,789,048$0$0$31,368,579
94$58,058,573$0$0$34,502,947
95$63,861,968$0$0$37,954,965
96$70,253,575$0$0$41,756,970
97$77,293,273$0$0$45,944,593
98$85,047,045$0$0$50,557,099
99$93,587,603$0$0$55,637,754
100$102,995,069$0$0$61,234,237