Can I retire at age 40 with 573,000?

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 $573,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$47,318$46,896$46,485$46,084$45,692$44,071
2 years$23,425$22,988$22,566$22,156$21,758$20,142
3 years$15,461$15,023$14,601$14,195$13,804$12,244
4 years$11,480$11,044$10,626$10,227$9,845$8,353
5 years$9,093$8,658$8,246$7,855$7,484$6,064
6 years$7,501$7,070$6,664$6,282$5,922$4,574
7 years$6,365$5,938$5,538$5,165$4,816$3,541
8 years$5,513$5,090$4,697$4,333$3,995$2,792
9 years$4,851$4,431$4,045$3,690$3,365$2,231
10 years$4,321$3,906$3,527$3,181$2,867$1,801
11 years$3,888$3,477$3,105$2,769$2,466$1,466
12 years$3,528$3,121$2,755$2,428$2,137$1,200
13 years$3,223$2,821$2,462$2,144$1,863$988
14 years$2,962$2,564$2,212$1,903$1,633$816
15 years$2,736$2,342$1,997$1,697$1,438$676
16 years$2,539$2,149$1,811$1,520$1,271$562
17 years$2,364$1,979$1,648$1,365$1,127$468
18 years$2,210$1,829$1,504$1,231$1,002$390
19 years$2,072$1,695$1,377$1,112$893$326
20 years$1,947$1,575$1,264$1,007$798$273
21 years$1,835$1,467$1,162$914$714$229
22 years$1,733$1,369$1,071$831$640$192
23 years$1,640$1,281$989$757$574$161
24 years$1,555$1,200$915$690$516$135
25 years$1,477$1,126$847$630$465$113
26 years$1,405$1,058$786$576$418$95
27 years$1,339$996$730$528$377$80
28 years$1,277$939$678$483$340$67
29 years$1,220$885$631$443$307$56
30 years$1,166$836$588$407$278$47
31 years$1,117$790$548$374$251$40
32 years$1,070$748$511$343$227$34
33 years$1,026$708$478$316$206$28
34 years$985$671$446$291$186$24
35 years$946$637$417$267$169$20
36 years$910$604$390$246$153$17
37 years$876$574$365$227$138$14
38 years$843$545$342$209$126$12
39 years$813$519$320$193$114$10
40 years$783$494$300$178$103$8
41 years$756$470$282$164$94$7
42 years$730$447$264$151$85$6
43 years$705$426$248$140$77$5
44 years$681$406$233$129$70$4
45 years$658$387$219$119$64$4
46 years$637$370$205$110$58$3
47 years$616$353$193$102$52$3
48 years$596$337$181$94$48$2
49 years$577$322$170$87$43$2
50 years$559$307$160$80$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $573,000, adding $5,659 every year, while hoping to spend $41,711 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: 60/25/15 Blend
39$573,000$573,000$573,000$573,000
40$637,283$606,914$598,033$672,787
41$657,906$592,273$573,687$682,750
42$679,234$575,516$547,127$688,450
43$701,296$556,496$518,236$693,683
44$724,121$535,057$486,889$698,409
45$747,739$511,033$452,958$702,586
46$772,184$484,249$416,307$706,167
47$797,490$454,520$376,797$709,106
48$823,693$421,651$334,278$711,352
49$850,831$385,434$288,599$712,853
50$878,947$345,651$239,598$713,554
51$908,082$302,070$187,107$713,397
52$938,282$254,447$130,951$712,320
53$969,597$202,525$70,947$710,261
54$1,002,077$146,030$6,906$707,153
55$1,035,778$84,675$0$702,925
56$1,070,759$18,156$0$707,337
57$1,107,082$0$0$712,300
58$1,144,813$0$0$731,476
59$1,184,024$0$0$756,600
60$1,224,792$0$0$782,728
61$1,267,198$0$0$809,913
62$1,311,330$0$0$838,212
63$1,357,282$0$0$867,687
64$1,405,156$0$0$898,404
65$1,455,059$0$0$930,434
66$1,507,110$0$0$963,853
67$1,561,435$0$0$998,744
68$1,618,169$0$0$1,035,196
69$1,677,461$0$0$1,073,305
70$1,739,469$0$0$1,113,176
71$1,804,366$0$0$1,154,922
72$1,872,337$0$0$1,198,663
73$1,943,585$0$0$1,244,534
74$2,018,328$0$0$1,292,676
75$2,096,806$0$0$1,343,247
76$2,179,275$0$0$1,396,416
77$2,266,016$0$0$1,452,368
78$2,357,336$0$0$1,511,302
79$2,453,566$0$0$1,573,437
80$2,555,069$0$0$1,639,011
81$2,662,239$0$0$1,708,285
82$2,775,507$0$0$1,781,540
83$2,895,342$0$0$1,859,086
84$3,022,258$0$0$1,941,260
85$3,156,814$0$0$2,028,431
86$3,299,623$0$0$2,121,002
87$3,451,354$0$0$2,219,414
88$3,612,739$0$0$2,324,150
89$3,784,580$0$0$2,435,736
90$3,967,754$0$0$2,554,752
91$4,163,222$0$0$2,681,831
92$4,372,037$0$0$2,817,666
93$4,595,352$0$0$2,963,019
94$4,834,432$0$0$3,118,722
95$5,090,664$0$0$3,285,693
96$5,365,571$0$0$3,464,933
97$5,660,821$0$0$3,657,544
98$5,978,248$0$0$3,864,737
99$6,319,862$0$0$4,087,838
100$6,687,875$0$0$4,328,306