Can I retire at age 40 with 613,000?

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 $613,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$50,621$50,170$49,730$49,301$48,881$47,526
2 years$25,060$24,593$24,141$23,702$23,277$21,922
3 years$16,541$16,072$15,621$15,186$14,768$13,455
4 years$12,282$11,815$11,368$10,941$10,533$9,272
5 years$9,727$9,263$8,822$8,404$8,007$6,802
6 years$8,025$7,564$7,129$6,720$6,335$5,188
7 years$6,809$6,352$5,925$5,525$5,152$4,062
8 years$5,898$5,445$5,025$4,635$4,274$3,241
9 years$5,189$4,741$4,328$3,948$3,600$2,622
10 years$4,623$4,179$3,773$3,403$3,067$2,143
11 years$4,160$3,720$3,322$2,962$2,638$1,767
12 years$3,774$3,339$2,948$2,598$2,286$1,466
13 years$3,448$3,017$2,634$2,294$1,993$1,223
14 years$3,169$2,743$2,366$2,036$1,747$1,024
15 years$2,927$2,506$2,137$1,816$1,538$861
16 years$2,716$2,299$1,937$1,626$1,360$726
17 years$2,530$2,117$1,763$1,461$1,206$614
18 years$2,364$1,956$1,609$1,316$1,072$520
19 years$2,216$1,813$1,473$1,190$955$441
20 years$2,083$1,685$1,352$1,077$853$374
21 years$1,963$1,569$1,243$978$764$318
22 years$1,854$1,465$1,146$889$685$271
23 years$1,755$1,370$1,058$810$615$231
24 years$1,664$1,284$979$738$552$197
25 years$1,580$1,205$906$674$497$168
26 years$1,503$1,132$841$617$448$143
27 years$1,432$1,066$781$564$404$122
28 years$1,366$1,004$726$517$364$105
29 years$1,305$947$675$474$329$89
30 years$1,248$895$629$435$297$76
31 years$1,194$846$586$400$269$65
32 years$1,145$800$547$367$243$56
33 years$1,098$758$511$338$220$48
34 years$1,054$718$477$311$199$41
35 years$1,013$681$446$286$180$35
36 years$974$647$417$263$163$30
37 years$937$614$391$243$148$26
38 years$902$584$366$224$134$22
39 years$869$555$343$206$122$19
40 years$838$528$321$190$110$16
41 years$809$503$301$176$100$14
42 years$780$479$283$162$91$12
43 years$754$456$265$150$83$10
44 years$728$435$249$138$75$9
45 years$704$415$234$128$68$7
46 years$681$395$220$118$62$6
47 years$659$377$206$109$56$5
48 years$638$360$194$101$51$5
49 years$618$344$182$93$46$4
50 years$599$329$171$86$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $613,000, adding $3,826 every year, while hoping to spend $43,818 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: 40/43/17 Blend
39$613,000$613,000$613,000$613,000
40$679,473$646,984$637,482$703,082
41$702,157$632,064$612,216$705,329
42$725,686$614,944$584,634$703,232
43$750,101$595,471$554,614$700,038
44$775,443$573,481$522,026$695,670
45$801,758$548,802$486,734$690,046
46$829,095$521,251$448,597$683,080
47$857,505$490,635$407,467$674,683
48$887,045$456,749$363,191$664,760
49$917,772$419,379$315,607$653,211
50$949,752$378,296$264,547$639,932
51$983,052$333,258$209,835$624,814
52$1,017,746$284,010$151,287$607,742
53$1,053,914$230,284$88,712$588,596
54$1,091,639$171,794$21,911$567,250
55$1,131,015$108,241$0$543,572
56$1,172,140$39,306$0$526,382
57$1,215,121$0$0$511,402
58$1,260,074$0$0$511,270
59$1,307,125$0$0$530,618
60$1,356,407$0$0$550,907
61$1,408,070$0$0$572,199
62$1,462,270$0$0$594,564
63$1,519,183$0$0$618,076
64$1,578,995$0$0$642,816
65$1,641,911$0$0$668,874
66$1,708,154$0$0$696,345
67$1,777,963$0$0$725,334
68$1,851,605$0$0$755,955
69$1,929,364$0$0$788,334
70$2,011,556$0$0$822,607
71$2,098,521$0$0$858,923
72$2,190,632$0$0$897,443
73$2,288,298$0$0$938,347
74$2,391,964$0$0$981,827
75$2,502,117$0$0$1,028,097
76$2,619,290$0$0$1,077,390
77$2,744,067$0$0$1,129,959
78$2,877,085$0$0$1,186,086
79$3,019,044$0$0$1,246,074
80$3,170,711$0$0$1,310,260
81$3,332,925$0$0$1,379,011
82$3,506,608$0$0$1,452,731
83$3,692,768$0$0$1,531,862
84$3,892,514$0$0$1,616,889
85$4,107,061$0$0$1,708,345
86$4,337,744$0$0$1,806,815
87$4,586,027$0$0$1,912,942
88$4,853,518$0$0$2,027,432
89$5,141,985$0$0$2,151,060
90$5,453,367$0$0$2,284,679
91$5,789,798$0$0$2,429,224
92$6,153,621$0$0$2,585,725
93$6,547,411$0$0$2,755,314
94$6,974,001$0$0$2,939,235
95$7,436,504$0$0$3,138,856
96$7,938,343$0$0$3,355,684
97$8,483,284$0$0$3,591,373
98$9,075,470$0$0$3,847,744
99$9,719,455$0$0$4,126,802
100$10,420,252$0$0$4,430,751