Can I retire at age 40 with 569,000?

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 $569,000?

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$46,987$46,569$46,161$45,762$45,373$43,676
2 years$23,261$22,828$22,408$22,001$21,606$19,916
3 years$15,353$14,918$14,499$14,096$13,708$12,078
4 years$11,400$10,967$10,552$10,156$9,777$8,219
5 years$9,029$8,598$8,189$7,800$7,432$5,951
6 years$7,449$7,021$6,618$6,238$5,881$4,477
7 years$6,320$5,896$5,499$5,129$4,783$3,456
8 years$5,475$5,054$4,664$4,302$3,968$2,716
9 years$4,817$4,400$4,017$3,665$3,341$2,164
10 years$4,291$3,879$3,502$3,159$2,847$1,742
11 years$3,861$3,453$3,083$2,749$2,448$1,413
12 years$3,503$3,099$2,736$2,411$2,122$1,153
13 years$3,201$2,801$2,445$2,129$1,850$945
14 years$2,942$2,546$2,197$1,890$1,622$778
15 years$2,717$2,326$1,983$1,685$1,428$643
16 years$2,521$2,134$1,798$1,509$1,262$532
17 years$2,348$1,965$1,636$1,356$1,119$442
18 years$2,194$1,816$1,494$1,222$995$367
19 years$2,057$1,683$1,367$1,104$887$306
20 years$1,934$1,564$1,255$1,000$792$255
21 years$1,822$1,457$1,154$908$709$212
22 years$1,721$1,360$1,064$825$635$177
23 years$1,629$1,272$982$752$570$148
24 years$1,545$1,192$908$685$513$124
25 years$1,467$1,118$841$626$461$104
26 years$1,395$1,051$780$572$416$87
27 years$1,329$989$725$524$375$72
28 years$1,268$932$674$480$338$61
29 years$1,211$879$627$440$305$51
30 years$1,158$830$584$404$276$43
31 years$1,109$785$544$371$249$36
32 years$1,062$743$508$341$226$30
33 years$1,019$703$474$314$204$25
34 years$978$667$443$288$185$21
35 years$940$632$414$266$167$18
36 years$904$600$388$245$152$15
37 years$870$570$363$225$137$12
38 years$837$542$340$208$125$10
39 years$807$515$318$192$113$9
40 years$778$490$298$177$103$7
41 years$750$466$280$163$93$6
42 years$724$444$262$150$84$5
43 years$700$423$246$139$77$4
44 years$676$403$231$128$70$4
45 years$654$385$217$118$63$3
46 years$632$367$204$109$57$3
47 years$612$350$191$101$52$2
48 years$592$334$180$93$47$2
49 years$573$319$169$86$43$1
50 years$556$305$159$80$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $569,000, adding $3,516 every year, while hoping to spend $36,988 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: 40/38/22 Blend
39$569,000$569,000$569,000$569,000
40$630,665$600,508$591,688$651,661
41$655,638$590,578$572,155$657,141
42$681,918$578,921$550,727$659,289
43$709,600$565,415$527,303$660,867
44$738,787$549,928$501,776$661,843
45$769,591$532,322$474,032$662,186
46$802,132$512,449$443,956$661,864
47$836,546$490,155$411,425$660,847
48$872,976$465,276$376,310$659,104
49$911,583$437,637$338,479$656,605
50$952,538$407,055$297,792$653,323
51$996,032$373,335$254,103$649,229
52$1,042,271$336,273$207,260$644,300
53$1,091,484$295,651$157,104$638,513
54$1,143,917$251,240$103,469$631,848
55$1,199,844$202,798$46,182$624,289
56$1,259,561$150,068$0$615,824
57$1,323,395$92,781$0$609,957
58$1,391,705$30,650$0$614,974
59$1,464,881$0$0$620,076
60$1,543,355$0$0$640,639
61$1,627,599$0$0$676,524
62$1,718,130$0$0$715,141
63$1,815,518$0$0$756,740
64$1,920,387$0$0$801,595
65$2,033,422$0$0$850,006
66$2,155,378$0$0$902,305
67$2,287,081$0$0$958,854
68$2,429,441$0$0$1,020,054
69$2,583,458$0$0$1,086,343
70$2,750,231$0$0$1,158,205
71$2,930,967$0$0$1,236,169
72$3,126,995$0$0$1,320,820
73$3,339,775$0$0$1,412,801
74$3,570,914$0$0$1,512,817
75$3,822,180$0$0$1,621,646
76$4,095,517$0$0$1,740,142
77$4,393,063$0$0$1,869,248
78$4,717,173$0$0$2,009,999
79$5,070,436$0$0$2,163,533
80$5,455,704$0$0$2,331,107
81$5,876,114$0$0$2,514,100
82$6,335,119$0$0$2,714,032
83$6,836,522$0$0$2,932,578
84$7,384,507$0$0$3,171,580
85$7,983,683$0$0$3,433,066
86$8,639,121$0$0$3,719,270
87$9,356,410$0$0$4,032,652
88$10,141,699$0$0$4,375,920
89$11,001,762$0$0$4,752,058
90$11,944,058$0$0$5,164,350
91$12,976,802$0$0$5,616,415
92$14,109,041$0$0$6,112,237
93$15,350,739$0$0$6,656,207
94$16,712,872$0$0$7,253,157
95$18,207,528$0$0$7,908,414
96$19,848,021$0$0$8,627,844
97$21,649,020$0$0$9,417,907
98$23,626,681$0$0$10,285,723
99$25,798,800$0$0$11,239,133
100$28,184,986$0$0$12,286,774