Can I retire at age 40 with 619,000?

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 $619,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$51,116$50,661$50,217$49,783$49,360$48,304
2 years$25,305$24,834$24,377$23,934$23,505$22,446
3 years$16,703$16,229$15,774$15,335$14,912$13,884
4 years$12,402$11,930$11,479$11,048$10,636$9,646
5 years$9,822$9,353$8,908$8,486$8,085$7,136
6 years$8,103$7,638$7,199$6,786$6,397$5,490
7 years$6,876$6,414$5,983$5,579$5,203$4,338
8 years$5,956$5,498$5,074$4,680$4,316$3,493
9 years$5,240$4,787$4,370$3,987$3,635$2,853
10 years$4,668$4,220$3,810$3,437$3,097$2,356
11 years$4,201$3,756$3,354$2,991$2,664$1,962
12 years$3,811$3,372$2,977$2,623$2,308$1,645
13 years$3,482$3,047$2,659$2,316$2,013$1,387
14 years$3,200$2,770$2,390$2,056$1,764$1,175
15 years$2,956$2,530$2,157$1,833$1,554$999
16 years$2,742$2,321$1,956$1,642$1,373$852
17 years$2,554$2,138$1,780$1,475$1,217$728
18 years$2,387$1,975$1,625$1,329$1,082$624
19 years$2,238$1,831$1,487$1,201$965$536
20 years$2,104$1,701$1,365$1,088$862$460
21 years$1,983$1,585$1,256$987$771$396
22 years$1,872$1,479$1,157$898$691$342
23 years$1,772$1,384$1,069$818$621$295
24 years$1,680$1,296$988$746$558$255
25 years$1,596$1,216$915$681$502$220
26 years$1,518$1,143$849$623$452$190
27 years$1,446$1,076$788$570$408$165
28 years$1,380$1,014$733$522$368$142
29 years$1,318$956$682$479$332$123
30 years$1,260$903$635$439$300$107
31 years$1,206$854$592$404$271$93
32 years$1,156$808$553$371$245$80
33 years$1,109$765$516$341$222$70
34 years$1,064$725$482$314$201$60
35 years$1,022$688$451$289$182$52
36 years$983$653$422$266$165$45
37 years$946$620$395$245$150$39
38 years$911$589$370$226$136$34
39 years$878$560$346$208$123$30
40 years$846$533$324$192$112$26
41 years$816$507$304$177$101$22
42 years$788$483$285$164$92$19
43 years$761$461$268$151$83$17
44 years$735$439$251$139$76$15
45 years$711$419$236$129$69$13
46 years$688$399$222$119$62$11
47 years$665$381$208$110$57$10
48 years$644$364$196$102$51$8
49 years$624$347$184$94$47$7
50 years$604$332$173$87$42$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $619,000, adding $2,679 every year, while hoping to spend $31,293 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: 56/14/30 Blend
39$619,000$619,000$619,000$619,000
40$684,901$652,094$642,500$717,435
41$721,466$650,752$630,728$738,822
42$760,711$648,294$617,513$758,661
43$802,877$644,634$602,774$779,655
44$848,229$639,679$586,425$801,928
45$897,055$633,330$568,377$825,617
46$949,674$625,483$548,537$850,873
47$1,006,436$616,026$526,807$877,867
48$1,067,723$604,843$503,087$906,785
49$1,133,960$591,809$477,269$937,838
50$1,205,608$576,792$449,241$971,258
51$1,283,177$559,652$418,889$1,007,302
52$1,367,229$540,243$386,089$1,046,258
53$1,458,379$518,407$350,715$1,088,443
54$1,557,304$493,979$312,635$1,134,210
55$1,664,750$466,785$271,709$1,183,951
56$1,781,536$436,640$227,793$1,238,099
57$1,908,565$403,347$180,736$1,297,135
58$2,046,827$366,700$130,380$1,361,592
59$2,197,416$326,481$76,560$1,432,061
60$2,361,532$282,457$19,104$1,509,197
61$2,540,497$234,386$0$1,593,723
62$2,735,766$182,010$0$1,699,953
63$2,948,941$125,055$0$1,822,668
64$3,181,784$63,235$0$1,956,792
65$3,436,238$0$0$2,103,477
66$3,714,438$0$0$2,264,573
67$4,018,736$0$0$2,451,490
68$4,351,725$0$0$2,656,084
69$4,716,255$0$0$2,880,115
70$5,115,468$0$0$3,125,521
71$5,552,822$0$0$3,394,434
72$6,032,127$0$0$3,689,204
73$6,557,578$0$0$4,012,420
74$7,133,796$0$0$4,366,932
75$7,765,869$0$0$4,755,880
76$8,459,403$0$0$5,182,721
77$9,220,573$0$0$5,651,265
78$10,056,178$0$0$6,165,707
79$10,973,711$0$0$6,730,670
80$11,981,424$0$0$7,351,245
81$13,088,408$0$0$8,033,041
82$14,304,678$0$0$8,782,237
83$15,641,267$0$0$9,605,641
84$17,110,330$0$0$10,510,751
85$18,725,257$0$0$11,505,832
86$20,500,802$0$0$12,599,984
87$22,453,218$0$0$13,803,237
88$24,600,412$0$0$15,126,641
89$26,962,114$0$0$16,582,370
90$29,560,063$0$0$18,183,837
91$32,418,208$0$0$19,945,820
92$35,562,939$0$0$21,884,603
93$39,023,333$0$0$24,018,128
94$42,831,424$0$0$26,366,163
95$47,022,515$0$0$28,950,491
96$51,635,498$0$0$31,795,112
97$56,713,232$0$0$34,926,472
98$62,302,937$0$0$38,373,710
99$68,456,650$0$0$42,168,937
100$75,231,703$0$0$46,347,531