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%16.5%
1 years$47,318$46,896$46,485$46,084$45,692$44,479
2 years$23,425$22,988$22,566$22,156$21,758$20,545
3 years$15,461$15,023$14,601$14,195$13,804$12,628
4 years$11,480$11,044$10,626$10,227$9,845$8,716
5 years$9,093$8,658$8,246$7,855$7,484$6,404
6 years$7,501$7,070$6,664$6,282$5,922$4,892
7 years$6,365$5,938$5,538$5,165$4,816$3,837
8 years$5,513$5,090$4,697$4,333$3,995$3,067
9 years$4,851$4,431$4,045$3,690$3,365$2,485
10 years$4,321$3,906$3,527$3,181$2,867$2,036
11 years$3,888$3,477$3,105$2,769$2,466$1,681
12 years$3,528$3,121$2,755$2,428$2,137$1,398
13 years$3,223$2,821$2,462$2,144$1,863$1,168
14 years$2,962$2,564$2,212$1,903$1,633$981
15 years$2,736$2,342$1,997$1,697$1,438$826
16 years$2,539$2,149$1,811$1,520$1,271$698
17 years$2,364$1,979$1,648$1,365$1,127$591
18 years$2,210$1,829$1,504$1,231$1,002$502
19 years$2,072$1,695$1,377$1,112$893$427
20 years$1,947$1,575$1,264$1,007$798$363
21 years$1,835$1,467$1,162$914$714$310
22 years$1,733$1,369$1,071$831$640$264
23 years$1,640$1,281$989$757$574$226
24 years$1,555$1,200$915$690$516$193
25 years$1,477$1,126$847$630$465$165
26 years$1,405$1,058$786$576$418$141
27 years$1,339$996$730$528$377$121
28 years$1,277$939$678$483$340$103
29 years$1,220$885$631$443$307$89
30 years$1,166$836$588$407$278$76
31 years$1,117$790$548$374$251$65
32 years$1,070$748$511$343$227$56
33 years$1,026$708$478$316$206$48
34 years$985$671$446$291$186$41
35 years$946$637$417$267$169$35
36 years$910$604$390$246$153$30
37 years$876$574$365$227$138$26
38 years$843$545$342$209$126$22
39 years$813$519$320$193$114$19
40 years$783$494$300$178$103$16
41 years$756$470$282$164$94$14
42 years$730$447$264$151$85$12
43 years$705$426$248$140$77$10
44 years$681$406$233$129$70$9
45 years$658$387$219$119$64$8
46 years$637$370$205$110$58$7
47 years$616$353$193$102$52$6
48 years$596$337$181$94$48$5
49 years$577$322$170$87$43$4
50 years$559$307$160$80$39$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $573,000, adding $6,096 every year, while hoping to spend $28,783 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: 88/7/5 Blend
39$573,000$573,000$573,000$573,000
40$637,734$607,365$598,484$693,378
41$672,158$606,501$587,908$729,653
42$709,129$604,630$576,013$764,845
43$748,875$601,672$562,725$802,580
44$791,649$597,543$547,965$843,092
45$837,728$592,153$531,652$886,639
46$887,414$585,406$513,701$933,503
47$941,042$577,203$494,021$983,997
48$998,978$567,436$472,521$1,038,462
49$1,061,624$555,991$449,101$1,097,278
50$1,129,425$542,749$423,661$1,160,858
51$1,202,865$527,583$396,093$1,229,661
52$1,282,482$510,359$366,286$1,304,189
53$1,368,862$490,933$334,123$1,384,998
54$1,462,653$469,156$299,484$1,472,696
55$1,564,567$444,869$262,240$1,567,958
56$1,675,388$417,902$222,260$1,671,522
57$1,795,976$388,077$179,404$1,784,204
58$1,927,279$355,207$133,528$1,906,903
59$2,070,341$319,092$84,480$2,040,607
60$2,226,309$279,521$32,104$2,186,407
61$2,396,447$236,272$0$2,345,502
62$2,582,146$189,110$0$2,520,485
63$2,784,935$137,787$0$2,713,453
64$3,006,500$82,040$0$2,924,307
65$3,248,696$21,593$0$3,154,826
66$3,513,566$0$0$3,406,968
67$3,803,357$0$0$3,686,270
68$4,120,547$0$0$3,993,802
69$4,467,861$0$0$4,330,546
70$4,848,303$0$0$4,699,413
71$5,265,178$0$0$5,103,610
72$5,722,128$0$0$5,546,669
73$6,223,164$0$0$6,032,477
74$6,772,703$0$0$6,565,320
75$7,375,611$0$0$7,149,914
76$8,037,246$0$0$7,791,458
77$8,763,512$0$0$8,495,675
78$9,560,910$0$0$9,268,871
79$10,436,605$0$0$10,117,992
80$11,398,484$0$0$11,050,690
81$12,455,243$0$0$12,075,394
82$13,616,455$0$0$13,201,390
83$14,892,670$0$0$14,438,908
84$16,295,510$0$0$15,799,219
85$17,837,779$0$0$17,294,740
86$19,533,584$0$0$18,939,149
87$21,398,466$0$0$20,747,519
88$23,449,548$0$0$22,736,455
89$25,705,696$0$0$24,924,252
90$28,187,697$0$0$27,331,068
91$30,918,452$0$0$29,979,112
92$33,923,196$0$0$32,892,855
93$37,229,733$0$0$36,099,260
94$40,868,697$0$0$39,628,035
95$44,873,843$0$0$43,511,915
96$49,282,365$0$0$47,786,968
97$54,135,246$0$0$52,492,937
98$59,477,642$0$0$57,673,613
99$65,359,311$0$0$63,377,249
100$71,835,081$0$0$69,657,016