Can I retire at age 40 with 576,000?

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 $576,000?

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$47,566$47,142$46,728$46,325$45,931$44,301
2 years$23,547$23,109$22,684$22,272$21,872$20,247
3 years$15,542$15,102$14,678$14,270$13,876$12,308
4 years$11,541$11,101$10,682$10,280$9,897$8,397
5 years$9,140$8,704$8,289$7,896$7,523$6,095
6 years$7,540$7,107$6,699$6,315$5,953$4,598
7 years$6,398$5,969$5,567$5,192$4,841$3,560
8 years$5,542$5,116$4,721$4,355$4,016$2,806
9 years$4,876$4,455$4,066$3,710$3,382$2,243
10 years$4,344$3,926$3,545$3,198$2,882$1,811
11 years$3,909$3,496$3,121$2,783$2,479$1,473
12 years$3,546$3,137$2,770$2,441$2,148$1,207
13 years$3,240$2,835$2,475$2,155$1,873$993
14 years$2,978$2,577$2,224$1,913$1,642$820
15 years$2,750$2,354$2,008$1,706$1,446$680
16 years$2,552$2,160$1,820$1,528$1,278$565
17 years$2,377$1,989$1,656$1,373$1,133$471
18 years$2,221$1,838$1,512$1,237$1,007$393
19 years$2,083$1,704$1,384$1,118$898$328
20 years$1,958$1,583$1,270$1,012$802$274
21 years$1,845$1,475$1,168$919$718$230
22 years$1,742$1,376$1,077$835$643$193
23 years$1,649$1,287$994$761$577$161
24 years$1,564$1,206$920$694$519$136
25 years$1,485$1,132$852$634$467$114
26 years$1,413$1,064$790$579$421$96
27 years$1,346$1,001$734$530$379$80
28 years$1,284$943$682$486$342$67
29 years$1,226$890$635$446$309$57
30 years$1,172$841$591$409$279$48
31 years$1,122$795$551$376$252$40
32 years$1,075$752$514$345$228$34
33 years$1,032$712$480$317$207$28
34 years$990$675$449$292$187$24
35 years$951$640$419$269$169$20
36 years$915$608$392$248$154$17
37 years$880$577$367$228$139$14
38 years$848$548$344$210$126$12
39 years$817$521$322$194$114$10
40 years$787$496$302$179$104$8
41 years$760$472$283$165$94$7
42 years$733$450$266$152$85$6
43 years$708$429$249$141$78$5
44 years$684$408$234$130$70$4
45 years$662$390$220$120$64$4
46 years$640$372$206$111$58$3
47 years$619$355$194$102$53$3
48 years$599$339$182$95$48$2
49 years$580$323$171$87$43$2
50 years$562$309$161$81$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $576,000, adding $5,891 every year, while hoping to spend $39,499 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: 89/5/6 Blend
39$576,000$576,000$576,000$576,000
40$640,829$610,301$601,373$697,234
41$664,166$598,179$579,492$722,713
42$688,561$584,139$555,554$744,544
43$714,078$568,046$529,449$767,238
44$740,790$549,755$501,061$790,850
45$768,773$529,116$470,270$815,442
46$798,111$505,966$436,947$841,079
47$828,897$480,137$400,963$867,833
48$861,227$451,447$362,179$895,785
49$895,211$419,706$320,450$925,020
50$930,964$384,714$275,627$955,632
51$968,615$346,256$227,552$987,727
52$1,008,300$304,110$176,062$1,021,418
53$1,050,171$258,035$120,985$1,056,830
54$1,094,392$207,783$62,141$1,094,100
55$1,141,143$153,087$0$1,133,378
56$1,190,618$93,667$0$1,174,871
57$1,243,032$29,228$0$1,222,968
58$1,298,618$0$0$1,273,898
59$1,357,630$0$0$1,330,125
60$1,420,349$0$0$1,391,593
61$1,487,078$0$0$1,456,994
62$1,558,152$0$0$1,526,655
63$1,633,936$0$0$1,600,933
64$1,714,831$0$0$1,680,223
65$1,801,276$0$0$1,764,955
66$1,893,751$0$0$1,855,599
67$1,992,784$0$0$1,952,674
68$2,098,954$0$0$2,056,746
69$2,212,895$0$0$2,168,438
70$2,335,302$0$0$2,288,432
71$2,466,941$0$0$2,417,479
72$2,608,651$0$0$2,556,400
73$2,761,352$0$0$2,706,100
74$2,926,058$0$0$2,867,571
75$3,103,879$0$0$3,041,904
76$3,296,039$0$0$3,230,297
77$3,503,878$0$0$3,434,067
78$3,728,874$0$0$3,654,661
79$3,972,650$0$0$3,893,670
80$4,236,988$0$0$4,152,845
81$4,523,851$0$0$4,434,110
82$4,835,397$0$0$4,739,580
83$5,174,000$0$0$5,071,584
84$5,542,269$0$0$5,432,682
85$5,943,079$0$0$5,825,691
86$6,379,589$0$0$6,253,712
87$6,855,279$0$0$6,720,156
88$7,373,975$0$0$7,228,777
89$7,939,891$0$0$7,783,707
90$8,557,665$0$0$8,389,494
91$9,232,400$0$0$9,051,145
92$9,969,717$0$0$9,774,171
93$10,775,802$0$0$10,564,639
94$11,657,466$0$0$11,429,230
95$12,622,211$0$0$12,375,300
96$13,678,293$0$0$13,410,949
97$14,834,806$0$0$14,545,094
98$16,101,766$0$0$15,787,559
99$17,490,201$0$0$17,149,159
100$19,012,257$0$0$18,641,807