Can I retire at age 40 with 574,000?

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 $574,000?

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$47,400$46,978$46,566$46,164$45,772$44,130
2 years$23,466$23,029$22,605$22,194$21,796$20,160
3 years$15,488$15,049$14,627$14,220$13,828$12,249
4 years$11,500$11,063$10,645$10,245$9,862$8,352
5 years$9,108$8,673$8,261$7,869$7,497$6,060
6 years$7,514$7,083$6,676$6,293$5,932$4,569
7 years$6,376$5,948$5,548$5,174$4,825$3,535
8 years$5,523$5,098$4,705$4,340$4,002$2,785
9 years$4,859$4,439$4,052$3,697$3,371$2,225
10 years$4,329$3,913$3,533$3,187$2,872$1,795
11 years$3,895$3,483$3,110$2,773$2,470$1,460
12 years$3,534$3,126$2,760$2,433$2,140$1,194
13 years$3,229$2,825$2,466$2,148$1,866$982
14 years$2,967$2,568$2,216$1,906$1,636$811
15 years$2,741$2,346$2,001$1,700$1,441$672
16 years$2,543$2,153$1,814$1,522$1,273$558
17 years$2,369$1,982$1,651$1,368$1,129$464
18 years$2,214$1,832$1,507$1,233$1,004$387
19 years$2,075$1,698$1,379$1,114$895$323
20 years$1,951$1,578$1,266$1,009$799$270
21 years$1,838$1,469$1,164$916$715$226
22 years$1,736$1,372$1,073$832$641$189
23 years$1,643$1,283$991$758$575$159
24 years$1,558$1,202$916$691$517$133
25 years$1,480$1,128$849$631$465$112
26 years$1,408$1,060$787$577$419$94
27 years$1,341$998$731$528$378$79
28 years$1,279$940$680$484$341$66
29 years$1,222$887$632$444$308$55
30 years$1,168$838$589$408$278$47
31 years$1,118$792$549$374$252$39
32 years$1,072$749$512$344$228$33
33 years$1,028$710$478$316$206$28
34 years$987$672$447$291$186$23
35 years$948$638$418$268$169$20
36 years$912$605$391$247$153$16
37 years$877$575$366$227$139$14
38 years$845$546$343$210$126$12
39 years$814$520$321$193$114$10
40 years$785$494$301$178$103$8
41 years$757$471$282$164$94$7
42 years$731$448$265$152$85$6
43 years$706$427$248$140$77$5
44 years$682$407$233$129$70$4
45 years$659$388$219$119$64$3
46 years$638$370$206$110$58$3
47 years$617$353$193$102$52$2
48 years$597$337$181$94$48$2
49 years$578$322$171$87$43$2
50 years$560$308$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 $574,000, adding $4,470 every year, while hoping to spend $37,290 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: 55/17/28 Blend
39$574,000$574,000$574,000$574,000
40$637,159$606,737$597,840$667,044
41$662,473$596,791$578,191$678,196
42$689,119$585,107$556,634$686,117
43$717,194$571,562$533,067$693,993
44$746,802$556,024$507,379$701,832
45$778,060$538,352$479,460$709,648
46$811,090$518,400$449,190$717,454
47$846,030$496,011$416,447$725,271
48$883,029$471,019$381,101$733,122
49$922,249$443,249$343,019$741,036
50$963,867$412,518$302,059$749,045
51$1,008,078$378,628$258,075$757,192
52$1,055,095$341,373$210,913$765,523
53$1,105,149$300,535$160,413$774,094
54$1,158,496$255,882$106,408$782,971
55$1,215,413$207,171$48,724$792,227
56$1,276,207$154,144$0$801,950
57$1,341,211$96,529$0$816,074
58$1,410,793$34,037$0$846,661
59$1,485,355$0$0$879,328
60$1,565,338$0$0$920,578
61$1,651,227$0$0$971,748
62$1,743,552$0$0$1,026,791
63$1,842,897$0$0$1,086,060
64$1,949,902$0$0$1,149,942
65$2,065,272$0$0$1,218,863
66$2,189,779$0$0$1,293,290
67$2,324,271$0$0$1,373,737
68$2,469,682$0$0$1,460,768
69$2,627,038$0$0$1,555,004
70$2,797,466$0$0$1,657,127
71$2,982,205$0$0$1,767,887
72$3,182,619$0$0$1,888,110
73$3,400,206$0$0$2,018,702
74$3,636,615$0$0$2,160,661
75$3,893,660$0$0$2,315,086
76$4,173,336$0$0$2,483,185
77$4,477,839$0$0$2,666,286
78$4,809,583$0$0$2,865,853
79$5,171,229$0$0$3,083,495
80$5,565,700$0$0$3,320,985
81$5,996,219$0$0$3,580,272
82$6,466,329$0$0$3,863,503
83$6,979,933$0$0$4,173,043
84$7,541,326$0$0$4,511,493
85$8,155,240$0$0$4,881,717
86$8,826,880$0$0$5,286,872
87$9,561,982$0$0$5,730,429
88$10,366,859$0$0$6,216,215
89$11,248,464$0$0$6,748,441
90$12,214,455$0$0$7,331,747
91$13,273,265$0$0$7,971,241
92$14,434,180$0$0$8,672,551
93$15,707,431$0$0$9,441,874
94$17,104,283$0$0$10,286,036
95$18,637,148$0$0$11,212,558
96$20,319,694$0$0$12,229,722
97$22,166,978$0$0$13,346,650
98$24,195,588$0$0$14,573,395
99$26,423,795$0$0$15,921,027
100$28,871,727$0$0$17,401,744