Can I retire at age 40 with 621,000?

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 $621,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$51,282$50,825$50,379$49,944$49,519$48,381
2 years$25,387$24,914$24,456$24,012$23,581$22,440
3 years$16,757$16,282$15,825$15,384$14,961$13,854
4 years$12,442$11,969$11,516$11,084$10,670$9,605
5 years$9,854$9,384$8,937$8,513$8,111$7,091
6 years$8,129$7,662$7,222$6,808$6,418$5,444
7 years$6,898$6,435$6,002$5,597$5,220$4,292
8 years$5,975$5,516$5,090$4,695$4,330$3,448
9 years$5,257$4,803$4,384$4,000$3,647$2,809
10 years$4,683$4,233$3,822$3,448$3,107$2,314
11 years$4,214$3,769$3,365$3,000$2,672$1,922
12 years$3,824$3,383$2,986$2,632$2,316$1,608
13 years$3,493$3,057$2,668$2,323$2,019$1,352
14 years$3,210$2,779$2,397$2,063$1,770$1,142
15 years$2,965$2,538$2,164$1,839$1,559$968
16 years$2,751$2,329$1,962$1,647$1,377$823
17 years$2,563$2,145$1,786$1,480$1,221$702
18 years$2,395$1,982$1,630$1,334$1,086$599
19 years$2,245$1,837$1,492$1,205$968$513
20 years$2,111$1,707$1,370$1,091$865$440
21 years$1,989$1,590$1,260$991$774$377
22 years$1,879$1,484$1,161$901$694$324
23 years$1,778$1,388$1,072$820$623$279
24 years$1,686$1,300$991$748$560$240
25 years$1,601$1,220$918$683$504$207
26 years$1,523$1,147$852$625$454$178
27 years$1,451$1,079$791$572$409$154
28 years$1,384$1,017$735$524$369$133
29 years$1,322$960$684$480$333$114
30 years$1,264$906$637$441$301$99
31 years$1,210$857$594$405$272$85
32 years$1,160$811$554$372$246$74
33 years$1,112$768$518$342$223$64
34 years$1,068$728$484$315$202$55
35 years$1,026$690$452$290$183$48
36 years$986$655$423$267$166$41
37 years$949$622$396$246$150$36
38 years$914$591$371$227$136$31
39 years$881$562$347$209$123$27
40 years$849$535$326$193$112$23
41 years$819$509$305$178$102$20
42 years$791$485$286$164$92$17
43 years$764$462$269$152$84$15
44 years$738$440$252$140$76$13
45 years$713$420$237$129$69$11
46 years$690$401$222$119$63$10
47 years$668$382$209$110$57$8
48 years$646$365$196$102$52$7
49 years$626$349$185$94$47$6
50 years$606$333$174$87$43$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $621,000, adding $5,381 every year, while hoping to spend $46,134 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: 41/39/20 Blend
39$621,000$621,000$621,000$621,000
40$689,893$656,980$647,354$713,917
41$711,175$640,085$619,954$714,653
42$733,083$620,817$590,090$710,600
43$755,630$599,010$557,631$705,264
44$778,832$574,489$522,439$698,552
45$802,703$547,069$484,371$690,366
46$827,259$516,556$443,278$680,602
47$852,514$482,741$399,002$669,149
48$878,482$445,408$351,381$655,891
49$905,178$404,323$300,243$640,705
50$932,615$359,245$245,410$623,460
51$960,807$309,913$186,697$604,017
52$989,767$256,055$123,908$582,232
53$1,019,505$197,384$56,840$557,950
54$1,050,033$133,594$0$531,007
55$1,081,360$64,365$0$504,374
56$1,113,497$0$0$487,876
57$1,146,449$0$0$473,792
58$1,180,222$0$0$487,659
59$1,214,821$0$0$501,856
60$1,250,247$0$0$516,380
61$1,286,499$0$0$531,232
62$1,323,573$0$0$546,406
63$1,361,463$0$0$561,900
64$1,400,159$0$0$577,707
65$1,439,647$0$0$593,818
66$1,479,907$0$0$610,225
67$1,520,917$0$0$626,913
68$1,562,646$0$0$643,869
69$1,605,060$0$0$661,074
70$1,648,115$0$0$678,507
71$1,691,760$0$0$696,144
72$1,735,937$0$0$713,955
73$1,780,577$0$0$731,907
74$1,825,597$0$0$749,961
75$1,870,907$0$0$768,074
76$1,916,401$0$0$786,196
77$1,961,956$0$0$804,269
78$2,007,436$0$0$822,229
79$2,052,684$0$0$840,003
80$2,097,522$0$0$857,507
81$2,141,751$0$0$874,650
82$2,185,145$0$0$891,325
83$2,227,451$0$0$907,417
84$2,268,383$0$0$922,793
85$2,307,624$0$0$937,306
86$2,344,814$0$0$950,792
87$2,379,556$0$0$963,067
88$2,411,401$0$0$973,925
89$2,439,852$0$0$983,138
90$2,464,354$0$0$990,453
91$2,484,287$0$0$995,585
92$2,498,963$0$0$998,220
93$2,507,617$0$0$998,007
94$2,509,397$0$0$994,559
95$2,503,357$0$0$987,445
96$2,488,449$0$0$976,185
97$2,463,506$0$0$960,249
98$2,427,239$0$0$939,049
99$2,378,215$0$0$911,933
100$2,314,847$0$0$878,181