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%15.1%
1 years$47,566$47,142$46,728$46,325$45,931$44,967
2 years$23,547$23,109$22,684$22,272$21,872$20,905
3 years$15,542$15,102$14,678$14,270$13,876$12,937
4 years$11,541$11,101$10,682$10,280$9,897$8,992
5 years$9,140$8,704$8,289$7,896$7,523$6,656
6 years$7,540$7,107$6,699$6,315$5,953$5,124
7 years$6,398$5,969$5,567$5,192$4,841$4,051
8 years$5,542$5,116$4,721$4,355$4,016$3,264
9 years$4,876$4,455$4,066$3,710$3,382$2,667
10 years$4,344$3,926$3,545$3,198$2,882$2,204
11 years$3,909$3,496$3,121$2,783$2,479$1,837
12 years$3,546$3,137$2,770$2,441$2,148$1,541
13 years$3,240$2,835$2,475$2,155$1,873$1,300
14 years$2,978$2,577$2,224$1,913$1,642$1,102
15 years$2,750$2,354$2,008$1,706$1,446$937
16 years$2,552$2,160$1,820$1,528$1,278$800
17 years$2,377$1,989$1,656$1,373$1,133$684
18 years$2,221$1,838$1,512$1,237$1,007$587
19 years$2,083$1,704$1,384$1,118$898$504
20 years$1,958$1,583$1,270$1,012$802$434
21 years$1,845$1,475$1,168$919$718$374
22 years$1,742$1,376$1,077$835$643$322
23 years$1,649$1,287$994$761$577$278
24 years$1,564$1,206$920$694$519$241
25 years$1,485$1,132$852$634$467$208
26 years$1,413$1,064$790$579$421$180
27 years$1,346$1,001$734$530$379$156
28 years$1,284$943$682$486$342$135
29 years$1,226$890$635$446$309$117
30 years$1,172$841$591$409$279$101
31 years$1,122$795$551$376$252$88
32 years$1,075$752$514$345$228$76
33 years$1,032$712$480$317$207$66
34 years$990$675$449$292$187$57
35 years$951$640$419$269$169$50
36 years$915$608$392$248$154$43
37 years$880$577$367$228$139$38
38 years$848$548$344$210$126$33
39 years$817$521$322$194$114$28
40 years$787$496$302$179$104$25
41 years$760$472$283$165$94$21
42 years$733$450$266$152$85$19
43 years$708$429$249$141$78$16
44 years$684$408$234$130$70$14
45 years$662$390$220$120$64$12
46 years$640$372$206$111$58$11
47 years$619$355$194$102$53$9
48 years$599$339$182$95$48$8
49 years$580$323$171$87$43$7
50 years$562$309$161$81$39$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $576,000, adding $6,313 every year, while hoping to spend $41,576 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: 52/21/27 Blend
39$576,000$576,000$576,000$576,000
40$641,264$610,736$601,808$669,469
41$662,436$596,425$577,732$675,404
42$684,375$580,020$551,456$677,130
43$707,114$561,374$522,862$678,178
44$730,689$540,331$491,828$678,500
45$755,140$516,728$458,225$678,046
46$780,508$490,391$421,919$676,763
47$806,836$461,136$382,769$674,599
48$834,170$428,770$340,630$671,496
49$862,562$393,086$295,347$667,394
50$892,064$353,867$246,762$662,232
51$922,733$310,885$194,706$655,945
52$954,630$263,896$139,007$648,467
53$987,820$212,646$79,482$639,728
54$1,022,374$156,862$15,941$629,656
55$1,058,367$96,259$0$618,176
56$1,095,881$30,536$0$620,152
57$1,135,002$0$0$626,435
58$1,175,824$0$0$641,795
59$1,218,450$0$0$665,213
60$1,262,988$0$0$689,695
61$1,309,557$0$0$715,309
62$1,358,285$0$0$742,125
63$1,409,311$0$0$770,224
64$1,462,784$0$0$799,689
65$1,518,868$0$0$830,614
66$1,577,739$0$0$863,097
67$1,639,590$0$0$897,248
68$1,704,628$0$0$933,185
69$1,773,081$0$0$971,037
70$1,845,196$0$0$1,010,943
71$1,921,240$0$0$1,053,058
72$2,001,508$0$0$1,097,546
73$2,086,319$0$0$1,144,590
74$2,176,022$0$0$1,194,388
75$2,270,996$0$0$1,247,156
76$2,371,658$0$0$1,303,132
77$2,478,461$0$0$1,362,573
78$2,591,903$0$0$1,425,762
79$2,712,526$0$0$1,493,010
80$2,840,924$0$0$1,564,653
81$2,977,748$0$0$1,641,065
82$3,123,710$0$0$1,722,650
83$3,279,590$0$0$1,809,854
84$3,446,244$0$0$1,903,164
85$3,624,609$0$0$2,003,117
86$3,815,713$0$0$2,110,298
87$4,020,683$0$0$2,225,352
88$4,240,757$0$0$2,348,986
89$4,477,292$0$0$2,481,974
90$4,731,780$0$0$2,625,169
91$5,005,856$0$0$2,779,506
92$5,301,318$0$0$2,946,013
93$5,620,140$0$0$3,125,817
94$5,964,491$0$0$3,320,160
95$6,336,757$0$0$3,530,404
96$6,739,555$0$0$3,758,049
97$7,175,768$0$0$4,004,740
98$7,648,560$0$0$4,272,290
99$8,161,415$0$0$4,562,691
100$8,718,161$0$0$4,878,134