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%14.4%
1 years$47,070$46,651$46,242$45,842$45,453$44,626
2 years$23,302$22,868$22,447$22,040$21,644$20,814
3 years$15,380$14,945$14,525$14,121$13,732$12,925
4 years$11,420$10,986$10,570$10,173$9,794$9,016
5 years$9,045$8,613$8,203$7,814$7,445$6,698
6 years$7,462$7,033$6,629$6,249$5,891$5,176
7 years$6,331$5,906$5,509$5,138$4,791$4,108
8 years$5,484$5,063$4,672$4,310$3,975$3,323
9 years$4,825$4,408$4,024$3,671$3,347$2,727
10 years$4,299$3,886$3,508$3,164$2,852$2,263
11 years$3,868$3,459$3,089$2,754$2,453$1,894
12 years$3,510$3,105$2,741$2,416$2,126$1,597
13 years$3,206$2,806$2,449$2,133$1,853$1,353
14 years$2,947$2,550$2,200$1,893$1,625$1,152
15 years$2,722$2,330$1,987$1,688$1,431$985
16 years$2,525$2,138$1,801$1,512$1,264$845
17 years$2,352$1,969$1,639$1,358$1,121$726
18 years$2,198$1,819$1,496$1,224$997$626
19 years$2,061$1,686$1,370$1,106$888$541
20 years$1,937$1,567$1,257$1,002$794$468
21 years$1,826$1,459$1,156$909$710$405
22 years$1,724$1,362$1,066$827$637$351
23 years$1,632$1,274$984$753$571$305
24 years$1,547$1,194$910$687$514$265
25 years$1,470$1,120$843$627$462$230
26 years$1,398$1,053$782$573$416$201
27 years$1,332$991$726$525$375$175
28 years$1,270$934$675$481$339$152
29 years$1,213$881$628$441$306$133
30 years$1,160$832$585$405$276$116
31 years$1,111$786$545$372$250$101
32 years$1,064$744$509$342$226$88
33 years$1,021$705$475$314$205$77
34 years$980$668$444$289$185$67
35 years$942$633$415$266$168$58
36 years$905$601$388$245$152$51
37 years$871$571$363$226$138$45
38 years$839$543$340$208$125$39
39 years$808$516$319$192$113$34
40 years$779$491$299$177$103$30
41 years$752$467$280$163$93$26
42 years$726$445$263$151$85$23
43 years$701$424$247$139$77$20
44 years$677$404$231$128$70$17
45 years$655$385$217$119$63$15
46 years$633$368$204$110$57$13
47 years$613$351$192$101$52$12
48 years$593$335$180$94$47$10
49 years$574$320$169$86$43$9
50 years$557$306$159$80$39$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $570,000, adding $4,207 every year, while hoping to spend $29,405 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: 79/11/10 Blend
39$570,000$570,000$570,000$570,000
40$632,480$602,270$593,435$681,064
41$665,706$600,494$582,028$711,788
42$701,336$597,646$569,254$741,246
43$739,583$593,642$555,035$772,703
44$780,683$588,393$539,291$806,344
45$824,894$581,805$521,938$842,376
46$872,498$573,779$502,889$881,025
47$923,807$564,208$482,050$922,538
48$979,163$552,982$459,326$967,192
49$1,038,940$539,981$434,616$1,015,288
50$1,103,552$525,080$407,815$1,067,161
51$1,173,451$508,146$378,814$1,123,179
52$1,249,137$489,038$347,497$1,183,748
53$1,331,155$467,608$313,745$1,249,315
54$1,420,110$443,697$277,433$1,320,373
55$1,516,663$417,141$238,429$1,397,466
56$1,621,544$387,761$196,597$1,481,195
57$1,735,552$355,373$151,794$1,572,222
58$1,859,571$319,779$103,872$1,671,275
59$1,994,571$280,771$52,675$1,779,159
60$2,141,617$238,129$0$1,896,762
61$2,301,886$191,621$0$2,025,271
62$2,476,670$141,002$0$2,171,568
63$2,667,391$86,012$0$2,331,234
64$2,875,617$26,378$0$2,505,602
65$3,103,070$0$0$2,696,140
66$3,351,648$0$0$2,909,086
67$3,623,442$0$0$3,145,427
68$3,920,751$0$0$3,403,973
69$4,246,109$0$0$3,686,928
70$4,602,305$0$0$3,996,721
71$4,992,410$0$0$4,336,026
72$5,419,807$0$0$4,707,785
73$5,888,221$0$0$5,115,244
74$6,401,755$0$0$5,561,972
75$6,964,926$0$0$6,051,902
76$7,582,712$0$0$6,589,368
77$8,260,594$0$0$7,179,141
78$9,004,609$0$0$7,826,477
79$9,821,410$0$0$8,537,165
80$10,718,322$0$0$9,317,584
81$11,703,415$0$0$10,174,759
82$12,785,581$0$0$11,116,430
83$13,974,612$0$0$12,151,122
84$15,281,299$0$0$13,288,228
85$16,717,528$0$0$14,538,096
86$18,296,395$0$0$15,912,127
87$20,032,327$0$0$17,422,880
88$21,941,220$0$0$19,084,193
89$24,040,587$0$0$20,911,311
90$26,349,721$0$0$22,921,033
91$28,889,883$0$0$25,131,864
92$31,684,494$0$0$27,564,195
93$34,759,364$0$0$30,240,494
94$38,142,925$0$0$33,185,516
95$41,866,511$0$0$36,426,535
96$45,964,641$0$0$39,993,605
97$50,475,356$0$0$43,919,840
98$55,440,566$0$0$48,241,728
99$60,906,454$0$0$52,999,474
100$66,923,908$0$0$58,237,379