Can I retire at age 40 with 573,000?

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 $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%18.9%
1 years$47,318$46,896$46,485$46,084$45,692$44,053
2 years$23,425$22,988$22,566$22,156$21,758$20,125
3 years$15,461$15,023$14,601$14,195$13,804$12,228
4 years$11,480$11,044$10,626$10,227$9,845$8,338
5 years$9,093$8,658$8,246$7,855$7,484$6,049
6 years$7,501$7,070$6,664$6,282$5,922$4,561
7 years$6,365$5,938$5,538$5,165$4,816$3,529
8 years$5,513$5,090$4,697$4,333$3,995$2,781
9 years$4,851$4,431$4,045$3,690$3,365$2,221
10 years$4,321$3,906$3,527$3,181$2,867$1,792
11 years$3,888$3,477$3,105$2,769$2,466$1,457
12 years$3,528$3,121$2,755$2,428$2,137$1,192
13 years$3,223$2,821$2,462$2,144$1,863$980
14 years$2,962$2,564$2,212$1,903$1,633$809
15 years$2,736$2,342$1,997$1,697$1,438$670
16 years$2,539$2,149$1,811$1,520$1,271$557
17 years$2,364$1,979$1,648$1,365$1,127$463
18 years$2,210$1,829$1,504$1,231$1,002$386
19 years$2,072$1,695$1,377$1,112$893$322
20 years$1,947$1,575$1,264$1,007$798$270
21 years$1,835$1,467$1,162$914$714$226
22 years$1,733$1,369$1,071$831$640$189
23 years$1,640$1,281$989$757$574$158
24 years$1,555$1,200$915$690$516$133
25 years$1,477$1,126$847$630$465$111
26 years$1,405$1,058$786$576$418$93
27 years$1,339$996$730$528$377$78
28 years$1,277$939$678$483$340$66
29 years$1,220$885$631$443$307$55
30 years$1,166$836$588$407$278$46
31 years$1,117$790$548$374$251$39
32 years$1,070$748$511$343$227$33
33 years$1,026$708$478$316$206$28
34 years$985$671$446$291$186$23
35 years$946$637$417$267$169$20
36 years$910$604$390$246$153$16
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$3
46 years$637$370$205$110$58$3
47 years$616$353$193$102$52$2
48 years$596$337$181$94$48$2
49 years$577$322$170$87$43$2
50 years$559$307$160$80$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $573,000, adding $6,931 every year, while hoping to spend $29,337 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: 51/30/19 Blend
39$573,000$573,000$573,000$573,000
40$638,595$608,226$599,345$667,480
41$672,518$606,815$588,209$686,718
42$708,917$604,351$575,716$704,019
43$748,015$600,753$561,791$722,199
44$790,054$595,932$546,353$741,354
45$835,303$589,795$529,318$761,588
46$884,053$582,245$510,600$783,016
47$936,628$573,177$490,107$805,770
48$993,381$562,479$467,743$829,995
49$1,054,702$550,037$443,408$855,854
50$1,121,017$535,724$416,997$883,526
51$1,192,796$519,410$388,402$913,213
52$1,270,556$500,956$357,509$945,140
53$1,354,865$480,214$324,197$979,555
54$1,446,346$457,030$288,343$1,016,738
55$1,545,687$431,238$249,816$1,056,995
56$1,653,643$402,665$208,481$1,100,670
57$1,771,045$371,126$164,195$1,148,145
58$1,898,807$336,426$116,811$1,199,843
59$2,037,935$298,360$66,173$1,256,235
60$2,189,535$256,711$12,121$1,317,842
61$2,354,826$211,248$0$1,385,244
62$2,535,148$161,729$0$1,468,320
63$2,731,978$107,898$0$1,561,768
64$2,946,938$49,484$0$1,663,958
65$3,181,819$0$0$1,775,803
66$3,438,587$0$0$1,902,869
67$3,719,410$0$0$2,059,763
68$4,026,675$0$0$2,231,487
69$4,363,010$0$0$2,419,519
70$4,731,308$0$0$2,625,483
71$5,134,754$0$0$2,851,170
72$5,576,860$0$0$3,098,550
73$6,061,488$0$0$3,369,795
74$6,592,897$0$0$3,667,295
75$7,175,772$0$0$3,993,684
76$7,815,278$0$0$4,351,864
77$8,517,103$0$0$4,745,028
78$9,287,511$0$0$5,176,697
79$10,133,402$0$0$5,650,749
80$11,062,380$0$0$6,171,453
81$12,082,817$0$0$6,743,516
82$13,203,940$0$0$7,372,120
83$14,435,910$0$0$8,062,976
84$15,789,924$0$0$8,822,375
85$17,278,316$0$0$9,657,247
86$18,914,675$0$0$10,575,228
87$20,713,974$0$0$11,584,731
88$22,692,705$0$0$12,695,024
89$24,869,044$0$0$13,916,320
90$27,263,012$0$0$15,259,869
91$29,896,670$0$0$16,738,070
92$32,794,326$0$0$18,364,580
93$35,982,761$0$0$20,154,449
94$39,491,483$0$0$22,124,261
95$43,353,008$0$0$24,292,287
96$47,603,160$0$0$26,678,659
97$52,281,413$0$0$29,305,560
98$57,431,265$0$0$32,197,434
99$63,100,642$0$0$35,381,215
100$69,342,354$0$0$38,886,580