Can I retire at age 40 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$47,070$46,651$46,242$45,842$45,453$44,810
2 years$23,302$22,868$22,447$22,040$21,644$20,998
3 years$15,380$14,945$14,525$14,121$13,732$13,103
4 years$11,420$10,986$10,570$10,173$9,794$9,186
5 years$9,045$8,613$8,203$7,814$7,445$6,860
6 years$7,462$7,033$6,629$6,249$5,891$5,330
7 years$6,331$5,906$5,509$5,138$4,791$4,254
8 years$5,484$5,063$4,672$4,310$3,975$3,462
9 years$4,825$4,408$4,024$3,671$3,347$2,858
10 years$4,299$3,886$3,508$3,164$2,852$2,386
11 years$3,868$3,459$3,089$2,754$2,453$2,010
12 years$3,510$3,105$2,741$2,416$2,126$1,705
13 years$3,206$2,806$2,449$2,133$1,853$1,455
14 years$2,947$2,550$2,200$1,893$1,625$1,247
15 years$2,722$2,330$1,987$1,688$1,431$1,073
16 years$2,525$2,138$1,801$1,512$1,264$927
17 years$2,352$1,969$1,639$1,358$1,121$803
18 years$2,198$1,819$1,496$1,224$997$697
19 years$2,061$1,686$1,370$1,106$888$606
20 years$1,937$1,567$1,257$1,002$794$528
21 years$1,826$1,459$1,156$909$710$461
22 years$1,724$1,362$1,066$827$637$403
23 years$1,632$1,274$984$753$571$352
24 years$1,547$1,194$910$687$514$309
25 years$1,470$1,120$843$627$462$271
26 years$1,398$1,053$782$573$416$237
27 years$1,332$991$726$525$375$208
28 years$1,270$934$675$481$339$183
29 years$1,213$881$628$441$306$161
30 years$1,160$832$585$405$276$141
31 years$1,111$786$545$372$250$124
32 years$1,064$744$509$342$226$109
33 years$1,021$705$475$314$205$96
34 years$980$668$444$289$185$85
35 years$942$633$415$266$168$75
36 years$905$601$388$245$152$66
37 years$871$571$363$226$138$58
38 years$839$543$340$208$125$51
39 years$808$516$319$192$113$45
40 years$779$491$299$177$103$40
41 years$752$467$280$163$93$35
42 years$726$445$263$151$85$31
43 years$701$424$247$139$77$27
44 years$677$404$231$128$70$24
45 years$655$385$217$119$63$21
46 years$633$368$204$110$57$19
47 years$613$351$192$101$52$16
48 years$593$335$180$94$47$14
49 years$574$320$169$86$43$13
50 years$557$306$159$80$39$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $570,000, adding $2,939 every year, while hoping to spend $33,022 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: 74/8/18 Blend
39$570,000$570,000$570,000$570,000
40$631,172$600,962$592,127$675,035
41$660,416$595,274$576,828$698,820
42$691,536$588,200$559,909$720,552
43$724,690$579,638$541,283$743,502
44$760,047$569,479$520,855$767,783
45$797,796$557,608$498,528$793,520
46$838,142$543,902$474,200$820,853
47$881,312$528,232$447,764$849,934
48$927,551$510,461$419,110$880,934
49$977,132$490,445$388,121$914,039
50$1,030,352$468,029$354,675$949,457
51$1,087,537$443,051$318,646$987,416
52$1,149,046$415,341$279,900$1,028,171
53$1,215,271$384,716$238,300$1,072,001
54$1,286,646$350,984$193,701$1,119,215
55$1,363,645$313,943$145,951$1,170,157
56$1,446,790$273,379$94,893$1,225,203
57$1,536,653$229,065$40,362$1,284,771
58$1,633,864$180,761$0$1,349,324
59$1,739,115$128,216$0$1,422,796
60$1,853,168$71,162$0$1,510,821
61$1,976,859$9,316$0$1,606,298
62$2,111,108$0$0$1,709,952
63$2,256,928$0$0$1,827,653
64$2,415,433$0$0$1,956,506
65$2,587,846$0$0$2,096,689
66$2,775,515$0$0$2,249,300
67$2,979,923$0$0$2,415,547
68$3,202,703$0$0$2,596,762
69$3,445,648$0$0$2,794,408
70$3,710,737$0$0$3,010,096
71$4,000,145$0$0$3,245,599
72$4,316,265$0$0$3,502,872
73$4,661,735$0$0$3,784,061
74$5,039,458$0$0$4,091,535
75$5,452,628$0$0$4,427,899
76$5,904,764$0$0$4,796,021
77$6,399,742$0$0$5,199,061
78$6,941,826$0$0$5,640,496
79$7,535,717$0$0$6,124,159
80$8,186,588$0$0$6,654,268
81$8,900,139$0$0$7,235,469
82$9,682,644$0$0$7,872,881
83$10,541,019$0$0$8,572,140
84$11,482,875$0$0$9,339,454
85$12,516,601$0$0$10,181,662
86$13,651,436$0$0$11,106,297
87$14,897,554$0$0$12,121,657
88$16,266,168$0$0$13,236,884
89$17,769,626$0$0$14,462,046
90$19,421,531$0$0$15,808,237
91$21,236,873$0$0$17,287,679
92$23,232,161$0$0$18,913,834
93$25,425,587$0$0$20,701,535
94$27,837,189$0$0$22,667,124
95$30,489,049$0$0$24,828,606
96$33,405,490$0$0$27,205,815
97$36,613,315$0$0$29,820,608
98$40,142,053$0$0$32,697,063
99$44,024,239$0$0$35,861,712
100$48,295,720$0$0$39,343,786