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%19.3%
1 years$46,822$46,405$45,998$45,601$45,213$43,523
2 years$23,179$22,748$22,329$21,924$21,530$19,846
3 years$15,299$14,866$14,449$14,047$13,660$12,035
4 years$11,360$10,928$10,515$10,120$9,742$8,190
5 years$8,997$8,568$8,160$7,773$7,406$5,930
6 years$7,423$6,996$6,594$6,216$5,860$4,461
7 years$6,298$5,875$5,480$5,111$4,766$3,443
8 years$5,455$5,036$4,647$4,287$3,954$2,707
9 years$4,800$4,385$4,003$3,652$3,330$2,157
10 years$4,276$3,865$3,490$3,148$2,837$1,736
11 years$3,848$3,441$3,072$2,740$2,440$1,408
12 years$3,491$3,088$2,727$2,403$2,114$1,149
13 years$3,189$2,791$2,436$2,121$1,844$942
14 years$2,931$2,537$2,189$1,883$1,616$776
15 years$2,708$2,318$1,976$1,679$1,423$641
16 years$2,512$2,126$1,792$1,504$1,258$530
17 years$2,340$1,958$1,630$1,351$1,115$440
18 years$2,187$1,809$1,488$1,218$992$366
19 years$2,050$1,677$1,363$1,100$884$304
20 years$1,927$1,558$1,250$996$789$254
21 years$1,816$1,452$1,150$904$706$212
22 years$1,715$1,355$1,060$822$633$177
23 years$1,623$1,267$979$749$568$148
24 years$1,539$1,187$905$683$511$123
25 years$1,462$1,114$838$624$460$103
26 years$1,391$1,047$778$570$414$86
27 years$1,325$986$722$522$373$72
28 years$1,264$929$671$478$337$60
29 years$1,207$876$625$439$304$51
30 years$1,154$827$582$403$275$42
31 years$1,105$782$542$370$249$36
32 years$1,059$740$506$340$225$30
33 years$1,015$701$473$312$203$25
34 years$975$664$442$287$184$21
35 years$937$630$413$265$167$17
36 years$901$598$386$244$151$15
37 years$867$568$361$225$137$12
38 years$834$540$338$207$124$10
39 years$804$513$317$191$113$9
40 years$775$488$297$176$102$7
41 years$748$465$279$162$93$6
42 years$722$443$261$150$84$5
43 years$697$422$245$138$76$4
44 years$674$402$230$128$69$4
45 years$651$383$216$118$63$3
46 years$630$366$203$109$57$3
47 years$610$349$191$101$52$2
48 years$590$333$179$93$47$2
49 years$571$318$169$86$43$1
50 years$554$304$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 $567,000, adding $3,314 every year, while hoping to spend $23,292 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: 37/45/18 Blend
39$567,000$567,000$567,000$567,000
40$628,252$598,201$589,413$647,968
41$667,552$602,731$584,376$667,049
42$710,079$606,701$578,389$685,201
43$756,138$610,061$571,397$704,320
44$806,065$612,755$563,340$724,505
45$860,228$614,725$554,156$745,866
46$919,032$615,907$543,780$768,529
47$982,922$616,235$532,146$792,630
48$1,052,389$615,639$519,181$818,323
49$1,127,971$614,044$504,813$845,779
50$1,210,263$611,370$488,962$875,188
51$1,299,915$607,534$471,548$906,760
52$1,397,648$602,444$452,487$940,732
53$1,504,252$596,008$431,689$977,363
54$1,620,597$588,123$409,061$1,016,945
55$1,747,641$578,684$384,508$1,059,799
56$1,886,437$567,577$357,926$1,106,283
57$2,038,149$554,683$329,211$1,156,795
58$2,204,052$539,874$298,252$1,211,775
59$2,385,555$523,018$264,933$1,271,713
60$2,584,207$503,971$229,134$1,337,150
61$2,801,714$482,584$190,728$1,408,689
62$3,039,956$458,697$149,584$1,486,995
63$3,301,000$432,143$105,564$1,572,808
64$3,587,127$402,742$58,525$1,666,946
65$3,900,846$370,308$8,318$1,770,316
66$4,244,921$334,642$0$1,883,922
67$4,622,396$295,533$0$2,017,569
68$5,036,625$252,759$0$2,166,066
69$5,491,302$206,085$0$2,329,207
70$5,990,496$155,264$0$2,508,534
71$6,538,689$100,034$0$2,705,752
72$7,140,817$40,119$0$2,922,743
73$7,802,322$0$0$3,161,587
74$8,529,193$0$0$3,436,848
75$9,328,033$0$0$3,761,280
76$10,206,114$0$0$4,117,982
77$11,171,448$0$0$4,510,218
78$12,232,862$0$0$4,941,587
79$13,400,080$0$0$5,416,052
80$14,683,818$0$0$5,937,981
81$16,095,881$0$0$6,512,186
82$17,649,275$0$0$7,143,968
83$19,358,331$0$0$7,839,169
84$21,238,838$0$0$8,604,227
85$23,308,195$0$0$9,446,232
86$25,585,571$0$0$10,372,999
87$28,092,087$0$0$11,393,139
88$30,851,017$0$0$12,516,140
89$33,888,004$0$0$13,752,455
90$37,231,305$0$0$15,113,603
91$40,912,054$0$0$16,612,279
92$44,964,559$0$0$18,262,467
93$49,426,622$0$0$20,079,580
94$54,339,900$0$0$22,080,601
95$59,750,293$0$0$24,284,242
96$65,708,380$0$0$26,711,125
97$72,269,893$0$0$29,383,971
98$79,496,247$0$0$32,327,819
99$87,455,117$0$0$35,570,260
100$96,221,074$0$0$39,141,697