Can I retire at age 40 with 576,000?

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 $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%13.5%
1 years$47,566$47,142$46,728$46,325$45,931$45,263
2 years$23,547$23,109$22,684$22,272$21,872$21,201
3 years$15,542$15,102$14,678$14,270$13,876$13,222
4 years$11,541$11,101$10,682$10,280$9,897$9,265
5 years$9,140$8,704$8,289$7,896$7,523$6,916
6 years$7,540$7,107$6,699$6,315$5,953$5,370
7 years$6,398$5,969$5,567$5,192$4,841$4,284
8 years$5,542$5,116$4,721$4,355$4,016$3,484
9 years$4,876$4,455$4,066$3,710$3,382$2,874
10 years$4,344$3,926$3,545$3,198$2,882$2,398
11 years$3,909$3,496$3,121$2,783$2,479$2,019
12 years$3,546$3,137$2,770$2,441$2,148$1,711
13 years$3,240$2,835$2,475$2,155$1,873$1,459
14 years$2,978$2,577$2,224$1,913$1,642$1,250
15 years$2,750$2,354$2,008$1,706$1,446$1,075
16 years$2,552$2,160$1,820$1,528$1,278$928
17 years$2,377$1,989$1,656$1,373$1,133$803
18 years$2,221$1,838$1,512$1,237$1,007$697
19 years$2,083$1,704$1,384$1,118$898$606
20 years$1,958$1,583$1,270$1,012$802$527
21 years$1,845$1,475$1,168$919$718$460
22 years$1,742$1,376$1,077$835$643$402
23 years$1,649$1,287$994$761$577$351
24 years$1,564$1,206$920$694$519$307
25 years$1,485$1,132$852$634$467$269
26 years$1,413$1,064$790$579$421$236
27 years$1,346$1,001$734$530$379$207
28 years$1,284$943$682$486$342$182
29 years$1,226$890$635$446$309$159
30 years$1,172$841$591$409$279$140
31 years$1,122$795$551$376$252$123
32 years$1,075$752$514$345$228$108
33 years$1,032$712$480$317$207$95
34 years$990$675$449$292$187$84
35 years$951$640$419$269$169$74
36 years$915$608$392$248$154$65
37 years$880$577$367$228$139$57
38 years$848$548$344$210$126$50
39 years$817$521$322$194$114$44
40 years$787$496$302$179$104$39
41 years$760$472$283$165$94$34
42 years$733$450$266$152$85$30
43 years$708$429$249$141$78$26
44 years$684$408$234$130$70$23
45 years$662$390$220$120$64$21
46 years$640$372$206$111$58$18
47 years$619$355$194$102$53$16
48 years$599$339$182$95$48$14
49 years$580$323$171$87$43$12
50 years$562$309$161$81$39$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $576,000, adding $5,083 every year, while hoping to spend $31,756 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: 44/41/15 Blend
39$576,000$576,000$576,000$576,000
40$639,995$609,467$600,539$665,178
41$671,486$605,543$586,869$679,373
42$705,126$600,362$571,677$691,175
43$741,098$593,829$554,878$703,280
44$779,607$585,844$536,383$715,730
45$820,876$576,300$516,101$728,573
46$865,150$565,083$493,935$741,864
47$912,697$552,073$469,783$755,666
48$963,811$537,144$443,540$770,051
49$1,018,817$520,161$415,096$785,101
50$1,078,069$500,982$384,334$800,910
51$1,141,958$479,456$351,135$817,582
52$1,210,913$455,424$315,373$835,238
53$1,285,403$428,717$276,916$854,014
54$1,365,948$399,158$235,626$874,062
55$1,453,115$366,557$191,360$895,555
56$1,547,530$330,716$143,968$918,688
57$1,649,881$291,424$93,293$943,680
58$1,760,923$248,458$39,173$970,775
59$1,881,489$201,584$0$1,000,251
60$2,012,492$150,552$0$1,035,389
61$2,154,939$95,102$0$1,080,447
62$2,309,936$34,956$0$1,129,565
63$2,478,701$0$0$1,183,209
64$2,662,575$0$0$1,255,510
65$2,863,033$0$0$1,351,589
66$3,081,696$0$0$1,456,460
67$3,320,352$0$0$1,570,989
68$3,580,967$0$0$1,696,128
69$3,865,706$0$0$1,832,926
70$4,176,951$0$0$1,982,536
71$4,517,328$0$0$2,146,230
72$4,889,724$0$0$2,325,408
73$5,297,321$0$0$2,521,609
74$5,743,622$0$0$2,736,533
75$6,232,483$0$0$2,972,046
76$6,768,153$0$0$3,230,208
77$7,355,310$0$0$3,513,285
78$7,999,107$0$0$3,823,775
79$8,705,218$0$0$4,164,427
80$9,479,893$0$0$4,538,270
81$10,330,018$0$0$4,948,640
82$11,263,175$0$0$5,399,214
83$12,287,719$0$0$5,894,039
84$13,412,850$0$0$6,437,576
85$14,648,707$0$0$7,034,738
86$16,006,454$0$0$7,690,937
87$17,498,395$0$0$8,412,135
88$19,138,080$0$0$9,204,903
89$20,940,442$0$0$10,076,476
90$22,921,928$0$0$11,034,830
91$25,100,661$0$0$12,088,748
92$27,496,607$0$0$13,247,909
93$30,131,763$0$0$14,522,977
94$33,030,366$0$0$15,925,702
95$36,219,119$0$0$17,469,027
96$39,727,443$0$0$19,167,217
97$43,587,757$0$0$21,035,988
98$47,835,779$0$0$23,092,655
99$52,510,864$0$0$25,356,299
100$57,656,377$0$0$27,847,942