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%14.1%
1 years$46,657$46,242$45,836$45,440$45,054$44,289
2 years$23,098$22,667$22,251$21,846$21,454$20,686
3 years$15,245$14,813$14,398$13,997$13,611$12,864
4 years$11,320$10,889$10,478$10,084$9,708$8,987
5 years$8,966$8,537$8,131$7,746$7,380$6,687
6 years$7,396$6,971$6,571$6,194$5,839$5,176
7 years$6,276$5,855$5,461$5,093$4,749$4,115
8 years$5,436$5,018$4,631$4,272$3,940$3,335
9 years$4,783$4,370$3,989$3,639$3,318$2,742
10 years$4,261$3,852$3,477$3,137$2,827$2,279
11 years$3,834$3,429$3,062$2,730$2,431$1,911
12 years$3,479$3,077$2,717$2,394$2,107$1,614
13 years$3,178$2,781$2,427$2,114$1,837$1,371
14 years$2,921$2,528$2,181$1,877$1,611$1,170
15 years$2,698$2,309$1,969$1,674$1,418$1,002
16 years$2,503$2,119$1,785$1,498$1,253$861
17 years$2,331$1,951$1,625$1,346$1,111$742
18 years$2,179$1,803$1,483$1,213$988$641
19 years$2,043$1,671$1,358$1,096$881$555
20 years$1,920$1,553$1,246$993$787$481
21 years$1,810$1,446$1,146$901$704$417
22 years$1,709$1,350$1,056$819$631$363
23 years$1,618$1,263$975$746$566$316
24 years$1,534$1,183$902$681$509$275
25 years$1,457$1,110$835$622$458$240
26 years$1,386$1,044$775$568$413$209
27 years$1,320$982$719$520$372$183
28 years$1,259$925$669$477$336$159
29 years$1,203$873$622$437$303$139
30 years$1,150$824$580$401$274$122
31 years$1,101$779$541$368$248$106
32 years$1,055$737$504$339$224$93
33 years$1,012$698$471$311$203$81
34 years$971$662$440$286$184$71
35 years$933$628$411$264$166$62
36 years$897$596$385$243$151$55
37 years$863$566$360$224$137$48
38 years$831$538$337$206$124$42
39 years$801$511$316$190$112$37
40 years$772$487$296$175$102$32
41 years$745$463$278$162$92$28
42 years$719$441$261$149$84$25
43 years$695$420$244$138$76$22
44 years$671$401$229$127$69$19
45 years$649$382$215$118$63$17
46 years$628$364$202$109$57$15
47 years$607$348$190$100$52$13
48 years$588$332$179$93$47$11
49 years$569$317$168$86$43$10
50 years$552$303$158$79$39$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $565,000, adding $6,825 every year, while hoping to spend $36,561 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: 45/30/25 Blend
39$565,000$565,000$565,000$565,000
40$629,670$599,725$590,967$653,192
41$654,996$590,211$571,864$660,990
42$681,679$579,005$550,896$665,363
43$709,821$565,987$527,961$669,383
44$739,529$551,026$502,954$673,036
45$770,922$533,988$475,764$676,309
46$804,130$514,727$446,276$679,193
47$839,295$493,092$414,370$681,677
48$876,570$468,921$379,919$683,756
49$916,125$442,043$342,791$685,425
50$958,144$412,278$302,849$686,683
51$1,002,829$379,434$259,948$687,534
52$1,050,401$343,309$213,940$687,984
53$1,101,102$303,692$164,667$688,047
54$1,155,197$260,355$111,966$687,740
55$1,212,975$213,060$55,665$687,089
56$1,274,755$161,557$0$686,125
57$1,340,885$105,578$0$686,069
58$1,411,749$44,844$0$701,716
59$1,487,764$0$0$718,316
60$1,569,391$0$0$742,911
61$1,657,135$0$0$785,310
62$1,751,550$0$0$830,982
63$1,853,246$0$0$880,228
64$1,962,890$0$0$933,378
65$2,081,217$0$0$990,796
66$2,209,034$0$0$1,052,880
67$2,347,228$0$0$1,120,069
68$2,496,772$0$0$1,192,845
69$2,658,740$0$0$1,271,737
70$2,834,308$0$0$1,357,330
71$3,024,772$0$0$1,450,262
72$3,231,556$0$0$1,551,240
73$3,456,227$0$0$1,661,039
74$3,700,509$0$0$1,780,512
75$3,966,298$0$0$1,910,598
76$4,255,680$0$0$2,052,329
77$4,570,950$0$0$2,206,843
78$4,914,636$0$0$2,375,390
79$5,289,517$0$0$2,559,347
80$5,698,654$0$0$2,760,231
81$6,145,415$0$0$2,979,709
82$6,633,510$0$0$3,219,620
83$7,167,020$0$0$3,481,984
84$7,750,440$0$0$3,769,030
85$8,388,719$0$0$4,083,208
86$9,087,305$0$0$4,427,220
87$9,852,201$0$0$4,804,037
88$10,690,012$0$0$5,216,935
89$11,608,016$0$0$5,669,520
90$12,614,227$0$0$6,165,763
91$13,717,470$0$0$6,710,038
92$14,927,467$0$0$7,307,163
93$16,254,924$0$0$7,962,444
94$17,711,634$0$0$8,681,728
95$19,310,589$0$0$9,471,454
96$21,066,096$0$0$10,338,713
97$22,993,919$0$0$11,291,319
98$25,111,420$0$0$12,337,880
99$27,437,729$0$0$13,487,878
100$29,993,916$0$0$14,751,759