Can I retire at age 40 with 610,000?

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 $610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$50,373$49,925$49,487$49,059$48,642$48,015
2 years$24,937$24,473$24,023$23,586$23,163$22,531
3 years$16,460$15,993$15,544$15,112$14,696$14,080
4 years$12,222$11,757$11,312$10,887$10,481$9,886
5 years$9,680$9,217$8,779$8,363$7,967$7,395
6 years$7,985$7,527$7,095$6,688$6,304$5,755
7 years$6,776$6,321$5,896$5,498$5,127$4,601
8 years$5,869$5,418$5,000$4,612$4,253$3,750
9 years$5,164$4,718$4,306$3,929$3,582$3,101
10 years$4,600$4,158$3,754$3,387$3,052$2,594
11 years$4,140$3,702$3,305$2,947$2,625$2,189
12 years$3,756$3,323$2,933$2,585$2,275$1,860
13 years$3,431$3,003$2,621$2,282$1,984$1,591
14 years$3,153$2,729$2,355$2,026$1,739$1,366
15 years$2,913$2,493$2,126$1,807$1,531$1,178
16 years$2,703$2,288$1,928$1,618$1,353$1,020
17 years$2,517$2,107$1,754$1,454$1,200$885
18 years$2,353$1,947$1,601$1,310$1,067$770
19 years$2,205$1,804$1,466$1,184$951$671
20 years$2,073$1,677$1,345$1,072$849$586
21 years$1,954$1,562$1,237$973$760$513
22 years$1,845$1,458$1,140$885$681$449
23 years$1,746$1,363$1,053$806$612$394
24 years$1,656$1,277$974$735$550$346
25 years$1,573$1,199$902$671$495$304
26 years$1,496$1,127$837$614$446$267
27 years$1,425$1,060$777$562$402$235
28 years$1,360$999$722$515$362$207
29 years$1,299$943$672$472$327$182
30 years$1,242$890$626$433$296$161
31 years$1,189$841$584$398$267$142
32 years$1,139$796$544$366$242$125
33 years$1,092$754$508$336$219$110
34 years$1,049$715$475$309$198$97
35 years$1,008$678$444$285$179$86
36 years$969$643$415$262$163$76
37 years$932$611$389$242$147$67
38 years$898$581$364$223$134$59
39 years$865$552$341$205$121$52
40 years$834$525$320$189$110$46
41 years$805$500$300$175$100$41
42 years$777$476$281$161$90$36
43 years$750$454$264$149$82$32
44 years$725$433$248$137$75$28
45 years$701$412$233$127$68$25
46 years$678$394$218$117$61$22
47 years$656$376$205$108$56$19
48 years$635$358$193$100$51$17
49 years$615$342$181$93$46$15
50 years$596$327$170$86$42$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $610,000, adding $3,508 every year, while hoping to spend $47,326 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: 55/23/22 Blend
39$610,000$610,000$610,000$610,000
40$675,839$643,509$634,054$708,779
41$694,420$624,686$604,940$712,914
42$713,310$603,355$573,265$712,134
43$732,490$579,342$538,892$710,273
44$751,940$552,466$501,681$707,242
45$771,633$522,531$461,482$702,945
46$791,538$489,334$418,140$697,280
47$811,622$452,659$371,495$690,137
48$831,844$412,275$321,376$681,397
49$852,157$367,942$267,608$670,935
50$872,510$319,404$210,005$658,615
51$892,841$266,390$148,376$644,291
52$913,084$208,616$82,520$627,809
53$933,160$145,780$12,226$609,001
54$952,983$77,564$0$587,688
55$972,454$3,631$0$578,416
56$991,463$0$0$570,261
57$1,009,884$0$0$579,512
58$1,027,579$0$0$589,211
59$1,044,392$0$0$598,343
60$1,060,148$0$0$606,800
61$1,074,651$0$0$614,464
62$1,087,684$0$0$621,202
63$1,099,005$0$0$626,865
64$1,108,342$0$0$631,288
65$1,115,394$0$0$634,287
66$1,119,827$0$0$635,659
67$1,121,267$0$0$635,175
68$1,119,302$0$0$632,585
69$1,113,472$0$0$627,608
70$1,103,268$0$0$619,934
71$1,088,123$0$0$609,219
72$1,067,412$0$0$595,082
73$1,040,440$0$0$577,100
74$1,006,438$0$0$554,806
75$964,553$0$0$527,681
76$913,843$0$0$495,152
77$853,264$0$0$456,585
78$781,662$0$0$411,279
79$697,759$0$0$358,457
80$600,144$0$0$297,262
81$487,255$0$0$226,746
82$357,367$0$0$145,860
83$208,574$0$0$53,449
84$38,768$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0