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%19.8%
1 years$47,566$47,142$46,728$46,325$45,931$44,126
2 years$23,547$23,109$22,684$22,272$21,872$20,076
3 years$15,542$15,102$14,678$14,270$13,876$12,145
4 years$11,541$11,101$10,682$10,280$9,897$8,244
5 years$9,140$8,704$8,289$7,896$7,523$5,953
6 years$7,540$7,107$6,699$6,315$5,953$4,466
7 years$6,398$5,969$5,567$5,192$4,841$3,438
8 years$5,542$5,116$4,721$4,355$4,016$2,694
9 years$4,876$4,455$4,066$3,710$3,382$2,140
10 years$4,344$3,926$3,545$3,198$2,882$1,717
11 years$3,909$3,496$3,121$2,783$2,479$1,388
12 years$3,546$3,137$2,770$2,441$2,148$1,129
13 years$3,240$2,835$2,475$2,155$1,873$923
14 years$2,978$2,577$2,224$1,913$1,642$757
15 years$2,750$2,354$2,008$1,706$1,446$623
16 years$2,552$2,160$1,820$1,528$1,278$514
17 years$2,377$1,989$1,656$1,373$1,133$425
18 years$2,221$1,838$1,512$1,237$1,007$352
19 years$2,083$1,704$1,384$1,118$898$292
20 years$1,958$1,583$1,270$1,012$802$242
21 years$1,845$1,475$1,168$919$718$201
22 years$1,742$1,376$1,077$835$643$167
23 years$1,649$1,287$994$761$577$139
24 years$1,564$1,206$920$694$519$116
25 years$1,485$1,132$852$634$467$97
26 years$1,413$1,064$790$579$421$80
27 years$1,346$1,001$734$530$379$67
28 years$1,284$943$682$486$342$56
29 years$1,226$890$635$446$309$47
30 years$1,172$841$591$409$279$39
31 years$1,122$795$551$376$252$32
32 years$1,075$752$514$345$228$27
33 years$1,032$712$480$317$207$23
34 years$990$675$449$292$187$19
35 years$951$640$419$269$169$16
36 years$915$608$392$248$154$13
37 years$880$577$367$228$139$11
38 years$848$548$344$210$126$9
39 years$817$521$322$194$114$8
40 years$787$496$302$179$104$6
41 years$760$472$283$165$94$5
42 years$733$450$266$152$85$4
43 years$708$429$249$141$78$4
44 years$684$408$234$130$70$3
45 years$662$390$220$120$64$3
46 years$640$372$206$111$58$2
47 years$619$355$194$102$53$2
48 years$599$339$182$95$48$1
49 years$580$323$171$87$43$1
50 years$562$309$161$81$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $576,000, adding $5,503 every year, while hoping to spend $25,952 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: 59/29/12 Blend
39$576,000$576,000$576,000$576,000
40$640,428$609,900$600,972$676,019
41$678,139$612,173$593,492$702,912
42$718,827$613,687$584,892$728,828
43$762,768$614,378$575,106$756,464
44$810,265$614,177$564,067$785,988
45$861,652$613,012$551,703$817,586
46$917,296$610,805$537,941$851,464
47$977,600$607,474$522,701$887,849
48$1,043,007$602,932$505,904$926,993
49$1,114,005$597,088$487,463$969,174
50$1,191,131$589,842$467,290$1,014,701
51$1,274,973$581,091$445,291$1,063,913
52$1,366,181$570,725$421,369$1,117,187
53$1,465,468$558,628$395,422$1,174,940
54$1,573,622$544,676$367,344$1,237,631
55$1,691,505$528,738$337,024$1,305,770
56$1,820,069$510,677$304,345$1,379,918
57$1,960,362$490,347$269,186$1,460,697
58$2,113,536$467,591$231,421$1,548,794
59$2,280,860$442,246$190,918$1,644,967
60$2,463,731$414,140$147,537$1,750,055
61$2,663,687$383,088$101,135$1,864,984
62$2,882,422$348,898$51,561$1,990,778
63$3,121,799$311,363$0$2,128,568
64$3,383,871$270,269$0$2,279,774
65$3,670,900$225,386$0$2,452,659
66$3,985,375$176,473$0$2,642,161
67$4,330,037$123,275$0$2,849,984
68$4,707,907$65,521$0$3,078,010
69$5,122,310$2,929$0$3,328,313
70$5,576,910$0$0$3,603,185
71$6,075,740$0$0$3,925,833
72$6,623,246$0$0$4,281,038
73$7,224,323$0$0$4,671,051
74$7,884,363$0$0$5,099,374
75$8,609,306$0$0$5,569,871
76$9,405,697$0$0$6,086,795
77$10,280,744$0$0$6,654,833
78$11,242,390$0$0$7,279,146
79$12,299,383$0$0$7,965,423
80$13,461,363$0$0$8,719,931
81$14,738,949$0$0$9,549,572
82$16,143,842$0$0$10,461,953
83$17,688,932$0$0$11,465,454
84$19,388,421$0$0$12,569,309
85$21,257,958$0$0$13,783,689
86$23,314,782$0$0$15,119,805
87$25,577,891$0$0$16,590,004
88$28,068,214$0$0$18,207,895
89$30,808,814$0$0$19,988,472
90$33,825,101$0$0$21,948,253
91$37,145,073$0$0$24,105,441
92$40,799,582$0$0$26,480,095
93$44,822,620$0$0$29,094,315
94$49,251,645$0$0$31,972,452
95$54,127,930$0$0$35,141,340
96$59,496,953$0$0$38,630,547
97$65,408,828$0$0$42,472,655
98$71,918,774$0$0$46,703,564
99$79,087,639$0$0$51,362,834
100$86,982,473$0$0$56,494,059