Can I retire at age 40 with 565,000?

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 $565,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$46,657$46,242$45,836$45,440$45,054$43,404
2 years$23,098$22,667$22,251$21,846$21,454$19,810
3 years$15,245$14,813$14,398$13,997$13,611$12,025
4 years$11,320$10,889$10,478$10,084$9,708$8,191
5 years$8,966$8,537$8,131$7,746$7,380$5,937
6 years$7,396$6,971$6,571$6,194$5,839$4,471
7 years$6,276$5,855$5,461$5,093$4,749$3,455
8 years$5,436$5,018$4,631$4,272$3,940$2,719
9 years$4,783$4,370$3,989$3,639$3,318$2,169
10 years$4,261$3,852$3,477$3,137$2,827$1,748
11 years$3,834$3,429$3,062$2,730$2,431$1,420
12 years$3,479$3,077$2,717$2,394$2,107$1,160
13 years$3,178$2,781$2,427$2,114$1,837$953
14 years$2,921$2,528$2,181$1,877$1,611$785
15 years$2,698$2,309$1,969$1,674$1,418$650
16 years$2,503$2,119$1,785$1,498$1,253$539
17 years$2,331$1,951$1,625$1,346$1,111$448
18 years$2,179$1,803$1,483$1,213$988$373
19 years$2,043$1,671$1,358$1,096$881$311
20 years$1,920$1,553$1,246$993$787$259
21 years$1,810$1,446$1,146$901$704$217
22 years$1,709$1,350$1,056$819$631$181
23 years$1,618$1,263$975$746$566$152
24 years$1,534$1,183$902$681$509$127
25 years$1,457$1,110$835$622$458$106
26 years$1,386$1,044$775$568$413$89
27 years$1,320$982$719$520$372$75
28 years$1,259$925$669$477$336$63
29 years$1,203$873$622$437$303$52
30 years$1,150$824$580$401$274$44
31 years$1,101$779$541$368$248$37
32 years$1,055$737$504$339$224$31
33 years$1,012$698$471$311$203$26
34 years$971$662$440$286$184$22
35 years$933$628$411$264$166$18
36 years$897$596$385$243$151$15
37 years$863$566$360$224$137$13
38 years$831$538$337$206$124$11
39 years$801$511$316$190$112$9
40 years$772$487$296$175$102$8
41 years$745$463$278$162$92$6
42 years$719$441$261$149$84$5
43 years$695$420$244$138$76$5
44 years$671$401$229$127$69$4
45 years$649$382$215$118$63$3
46 years$628$364$202$109$57$3
47 years$607$348$190$100$52$2
48 years$588$332$179$93$47$2
49 years$569$317$168$86$43$2
50 years$552$303$158$79$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $565,000, adding $3,430 every year, while hoping to spend $32,657 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: 33/40/27 Blend
39$565,000$565,000$565,000$565,000
40$626,168$596,223$587,466$641,596
41$655,290$590,691$572,399$648,047
42$686,289$583,794$555,733$651,843
43$719,320$575,429$537,380$655,295
44$754,556$565,490$517,247$658,393
45$792,184$553,863$495,239$661,131
46$832,412$540,427$471,254$663,507
47$875,464$525,055$445,188$665,519
48$921,590$507,611$416,930$667,171
49$971,060$487,952$386,365$668,468
50$1,024,174$465,928$353,374$669,424
51$1,081,259$441,377$317,831$670,053
52$1,142,673$414,130$279,604$670,381
53$1,208,813$384,009$238,558$670,436
54$1,280,110$350,825$194,548$670,258
55$1,357,042$314,376$147,426$669,894
56$1,440,131$274,451$97,036$669,402
57$1,529,953$230,827$43,214$668,852
58$1,627,138$183,268$0$668,328
59$1,732,382$131,524$0$672,024
60$1,846,448$75,332$0$689,513
61$1,970,176$14,413$0$708,518
62$2,104,489$0$0$729,253
63$2,250,402$0$0$774,636
64$2,409,033$0$0$830,946
65$2,581,611$0$0$892,284
66$2,769,488$0$0$959,142
67$2,974,151$0$0$1,032,057
68$3,197,239$0$0$1,111,625
69$3,440,553$0$0$1,198,500
70$3,706,077$0$0$1,293,400
71$3,995,993$0$0$1,397,119
72$4,312,706$0$0$1,510,529
73$4,658,861$0$0$1,634,590
74$5,037,371$0$0$1,770,360
75$5,451,443$0$0$1,919,003
76$5,904,608$0$0$2,081,802
77$6,400,756$0$0$2,260,169
78$6,944,168$0$0$2,455,659
79$7,539,560$0$0$2,669,985
80$8,192,124$0$0$2,905,033
81$8,907,582$0$0$3,162,882
82$9,692,232$0$0$3,445,820
83$10,553,013$0$0$3,756,367
84$11,497,567$0$0$4,097,301
85$12,534,312$0$0$4,471,681
86$13,672,520$0$0$4,882,876
87$14,922,407$0$0$5,334,598
88$16,295,224$0$0$5,830,935
89$17,803,366$0$0$6,376,394
90$19,460,489$0$0$6,975,937
91$21,281,635$0$0$7,635,032
92$23,283,378$0$0$8,359,702
93$25,483,975$0$0$9,156,584
94$27,903,543$0$0$10,032,990
95$30,564,243$0$0$10,996,976
96$33,490,493$0$0$12,057,419
97$36,709,193$0$0$13,224,097
98$40,249,986$0$0$14,507,786
99$44,145,527$0$0$15,920,359
100$48,431,801$0$0$17,474,896