Can I retire at age 40 with 570,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.7%
1 years$47,070$46,651$46,242$45,842$45,453$44,033
2 years$23,302$22,868$22,447$22,040$21,644$20,226
3 years$15,380$14,945$14,525$14,121$13,732$12,361
4 years$11,420$10,986$10,570$10,173$9,794$8,480
5 years$9,045$8,613$8,203$7,814$7,445$6,191
6 years$7,462$7,033$6,629$6,249$5,891$4,699
7 years$6,331$5,906$5,509$5,138$4,791$3,660
8 years$5,484$5,063$4,672$4,310$3,975$2,905
9 years$4,825$4,408$4,024$3,671$3,347$2,337
10 years$4,299$3,886$3,508$3,164$2,852$1,900
11 years$3,868$3,459$3,089$2,754$2,453$1,557
12 years$3,510$3,105$2,741$2,416$2,126$1,284
13 years$3,206$2,806$2,449$2,133$1,853$1,065
14 years$2,947$2,550$2,200$1,893$1,625$886
15 years$2,722$2,330$1,987$1,688$1,431$740
16 years$2,525$2,138$1,801$1,512$1,264$620
17 years$2,352$1,969$1,639$1,358$1,121$521
18 years$2,198$1,819$1,496$1,224$997$438
19 years$2,061$1,686$1,370$1,106$888$369
20 years$1,937$1,567$1,257$1,002$794$311
21 years$1,826$1,459$1,156$909$710$263
22 years$1,724$1,362$1,066$827$637$222
23 years$1,632$1,274$984$753$571$188
24 years$1,547$1,194$910$687$514$159
25 years$1,470$1,120$843$627$462$135
26 years$1,398$1,053$782$573$416$114
27 years$1,332$991$726$525$375$97
28 years$1,270$934$675$481$339$82
29 years$1,213$881$628$441$306$70
30 years$1,160$832$585$405$276$59
31 years$1,111$786$545$372$250$50
32 years$1,064$744$509$342$226$43
33 years$1,021$705$475$314$205$36
34 years$980$668$444$289$185$31
35 years$942$633$415$266$168$26
36 years$905$601$388$245$152$22
37 years$871$571$363$226$138$19
38 years$839$543$340$208$125$16
39 years$808$516$319$192$113$14
40 years$779$491$299$177$103$12
41 years$752$467$280$163$93$10
42 years$726$445$263$151$85$8
43 years$701$424$247$139$77$7
44 years$677$404$231$128$70$6
45 years$655$385$217$119$63$5
46 years$633$368$204$110$57$4
47 years$613$351$192$101$52$4
48 years$593$335$180$94$47$3
49 years$574$320$169$86$43$3
50 years$557$306$159$80$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $570,000, adding $2,058 every year, while hoping to spend $42,219 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: 60/15/25 Blend
39$570,000$570,000$570,000$570,000
40$630,263$600,053$591,218$663,741
41$649,629$584,535$566,103$671,234
42$669,555$566,841$538,732$674,662
43$690,055$546,821$508,984$677,492
44$711,140$524,315$476,734$679,675
45$732,822$499,152$441,851$681,159
46$755,114$471,155$404,197$681,887
47$778,028$440,134$363,630$681,802
48$801,574$405,888$319,999$680,840
49$825,764$368,206$273,148$678,936
50$850,608$326,864$222,915$676,018
51$876,116$281,625$169,128$672,012
52$902,295$232,241$111,610$666,838
53$929,155$178,446$50,174$660,413
54$956,701$119,963$0$652,647
55$984,940$56,496$0$647,549
56$1,013,874$0$0$655,465
57$1,043,507$0$0$664,969
58$1,073,838$0$0$684,236
59$1,104,865$0$0$703,939
60$1,136,584$0$0$724,074
61$1,168,988$0$0$744,636
62$1,202,066$0$0$765,615
63$1,235,803$0$0$787,003
64$1,270,183$0$0$808,786
65$1,305,182$0$0$830,949
66$1,340,771$0$0$853,472
67$1,376,919$0$0$876,332
68$1,413,584$0$0$899,501
69$1,450,720$0$0$922,948
70$1,488,272$0$0$946,634
71$1,526,176$0$0$970,518
72$1,564,358$0$0$994,548
73$1,602,734$0$0$1,018,669
74$1,641,206$0$0$1,042,814
75$1,679,666$0$0$1,066,909
76$1,717,986$0$0$1,090,870
77$1,756,026$0$0$1,114,602
78$1,793,623$0$0$1,137,998
79$1,830,598$0$0$1,160,935
80$1,866,747$0$0$1,183,279
81$1,901,839$0$0$1,204,875
82$1,935,618$0$0$1,225,552
83$1,967,796$0$0$1,245,119
84$1,998,051$0$0$1,263,360
85$2,026,023$0$0$1,280,035
86$2,051,309$0$0$1,294,878
87$2,073,460$0$0$1,307,589
88$2,091,979$0$0$1,317,837
89$2,106,307$0$0$1,325,251
90$2,115,827$0$0$1,329,421
91$2,119,850$0$0$1,329,890
92$2,117,612$0$0$1,326,150
93$2,108,264$0$0$1,317,638
94$2,090,865$0$0$1,303,728
95$2,064,368$0$0$1,283,728
96$2,027,617$0$0$1,256,869
97$1,979,326$0$0$1,222,300
98$1,918,074$0$0$1,179,077
99$1,842,285$0$0$1,126,157
100$1,750,215$0$0$1,062,384