Can I retire at age 40 with 567,000?

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 $567,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$46,822$46,405$45,998$45,601$45,213$44,797
2 years$23,179$22,748$22,329$21,924$21,530$21,111
3 years$15,299$14,866$14,449$14,047$13,660$13,250
4 years$11,360$10,928$10,515$10,120$9,742$9,346
5 years$8,997$8,568$8,160$7,773$7,406$7,024
6 years$7,423$6,996$6,594$6,216$5,860$5,492
7 years$6,298$5,875$5,480$5,111$4,766$4,413
8 years$5,455$5,036$4,647$4,287$3,954$3,616
9 years$4,800$4,385$4,003$3,652$3,330$3,006
10 years$4,276$3,865$3,490$3,148$2,837$2,528
11 years$3,848$3,441$3,072$2,740$2,440$2,145
12 years$3,491$3,088$2,727$2,403$2,114$1,834
13 years$3,189$2,791$2,436$2,121$1,844$1,577
14 years$2,931$2,537$2,189$1,883$1,616$1,363
15 years$2,708$2,318$1,976$1,679$1,423$1,182
16 years$2,512$2,126$1,792$1,504$1,258$1,030
17 years$2,340$1,958$1,630$1,351$1,115$899
18 years$2,187$1,809$1,488$1,218$992$787
19 years$2,050$1,677$1,363$1,100$884$691
20 years$1,927$1,558$1,250$996$789$607
21 years$1,816$1,452$1,150$904$706$535
22 years$1,715$1,355$1,060$822$633$472
23 years$1,623$1,267$979$749$568$417
24 years$1,539$1,187$905$683$511$368
25 years$1,462$1,114$838$624$460$326
26 years$1,391$1,047$778$570$414$288
27 years$1,325$986$722$522$373$256
28 years$1,264$929$671$478$337$227
29 years$1,207$876$625$439$304$201
30 years$1,154$827$582$403$275$179
31 years$1,105$782$542$370$249$159
32 years$1,059$740$506$340$225$141
33 years$1,015$701$473$312$203$125
34 years$975$664$442$287$184$111
35 years$937$630$413$265$167$99
36 years$901$598$386$244$151$88
37 years$867$568$361$225$137$78
38 years$834$540$338$207$124$70
39 years$804$513$317$191$113$62
40 years$775$488$297$176$102$55
41 years$748$465$279$162$93$49
42 years$722$443$261$150$84$44
43 years$697$422$245$138$76$39
44 years$674$402$230$128$69$35
45 years$651$383$216$118$63$31
46 years$630$366$203$109$57$28
47 years$610$349$191$101$52$25
48 years$590$333$179$93$47$22
49 years$571$318$169$86$43$19
50 years$554$304$158$79$39$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $567,000, adding $2,569 every year, while hoping to spend $24,674 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: 52/31/17 Blend
39$567,000$567,000$567,000$567,000
40$627,484$597,433$588,644$657,079
41$665,234$600,454$582,111$680,682
42$706,008$602,797$574,532$703,539
43$750,088$604,401$565,846$727,857
44$797,784$605,203$555,989$753,783
45$849,438$605,138$544,894$781,479
46$905,424$604,133$532,491$811,125
47$966,155$602,113$518,707$842,919
48$1,032,084$598,999$503,466$877,082
49$1,103,711$594,704$486,686$913,858
50$1,181,584$589,138$468,284$953,518
51$1,266,307$582,207$448,173$996,360
52$1,358,543$573,809$426,260$1,042,718
53$1,459,025$563,835$402,450$1,092,958
54$1,568,556$552,174$376,642$1,147,485
55$1,688,021$538,703$348,733$1,206,751
56$1,818,396$523,296$318,611$1,271,253
57$1,960,751$505,816$286,164$1,341,541
58$2,116,269$486,122$251,272$1,418,224
59$2,286,248$464,062$213,809$1,501,977
60$2,472,120$439,476$173,646$1,593,544
61$2,675,460$412,194$130,647$1,693,750
62$2,898,004$382,038$84,670$1,803,505
63$3,141,660$348,818$35,567$1,923,818
64$3,408,533$312,334$0$2,055,800
65$3,700,940$272,375$0$2,203,736
66$4,021,431$228,717$0$2,373,016
67$4,372,817$181,124$0$2,558,715
68$4,758,192$129,347$0$2,762,524
69$5,180,965$73,122$0$2,986,312
70$5,644,890$12,171$0$3,232,138
71$6,154,102$0$0$3,502,278
72$6,713,158$0$0$3,817,591
73$7,327,074$0$0$4,168,466
74$8,001,378$0$0$4,553,917
75$8,742,160$0$0$4,977,432
76$9,556,128$0$0$5,442,855
77$10,450,672$0$0$5,954,419
78$11,433,935$0$0$6,516,789
79$12,514,884$0$0$7,135,104
80$13,703,403$0$0$7,815,026
81$15,010,379$0$0$8,562,792
82$16,447,808$0$0$9,385,275
83$18,028,904$0$0$10,290,048
84$19,768,231$0$0$11,285,452
85$21,681,830$0$0$12,380,682
86$23,787,380$0$0$13,585,864
87$26,104,357$0$0$14,912,159
88$28,654,221$0$0$16,371,862
89$31,460,619$0$0$17,978,524
90$34,549,605$0$0$19,747,072
91$37,949,888$0$0$21,693,956
92$41,693,101$0$0$23,837,302
93$45,814,099$0$0$26,197,082
94$50,351,291$0$0$28,795,303
95$55,346,998$0$0$31,656,216
96$60,847,852$0$0$34,806,541
97$66,905,241$0$0$38,275,723
98$73,575,787$0$0$42,096,207
99$80,921,884$0$0$46,303,747
100$89,012,287$0$0$50,937,737