Can I retire at age 40 with 627,000?

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 $627,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$51,777$51,316$50,866$50,427$49,998$49,251
2 years$25,632$25,155$24,692$24,244$23,809$23,057
3 years$16,918$16,439$15,977$15,533$15,105$14,373
4 years$12,562$12,084$11,628$11,191$10,773$10,067
5 years$9,949$9,474$9,023$8,596$8,190$7,510
6 years$8,208$7,736$7,292$6,874$6,480$5,829
7 years$6,965$6,497$6,060$5,651$5,270$4,647
8 years$6,033$5,569$5,139$4,741$4,372$3,777
9 years$5,308$4,849$4,426$4,038$3,682$3,114
10 years$4,729$4,274$3,859$3,481$3,137$2,597
11 years$4,255$3,805$3,397$3,029$2,698$2,185
12 years$3,860$3,415$3,015$2,657$2,338$1,851
13 years$3,527$3,086$2,694$2,346$2,039$1,577
14 years$3,241$2,805$2,420$2,082$1,787$1,350
15 years$2,994$2,563$2,185$1,857$1,574$1,161
16 years$2,778$2,351$1,981$1,663$1,391$1,001
17 years$2,587$2,165$1,803$1,494$1,233$866
18 years$2,418$2,001$1,646$1,346$1,096$750
19 years$2,267$1,854$1,507$1,217$977$652
20 years$2,131$1,723$1,383$1,102$873$567
21 years$2,008$1,605$1,272$1,000$781$494
22 years$1,897$1,498$1,172$909$700$431
23 years$1,795$1,401$1,082$828$629$377
24 years$1,702$1,313$1,001$755$565$329
25 years$1,617$1,232$927$690$508$288
26 years$1,538$1,158$860$631$458$252
27 years$1,465$1,090$798$577$413$221
28 years$1,397$1,027$742$529$373$194
29 years$1,335$969$691$485$336$170
30 years$1,276$915$643$445$304$149
31 years$1,222$865$600$409$275$131
32 years$1,171$818$560$376$249$115
33 years$1,123$775$523$346$225$101
34 years$1,078$735$488$318$204$89
35 years$1,036$697$456$293$184$78
36 years$996$661$427$270$167$69
37 years$958$628$400$248$151$60
38 years$923$597$374$229$137$53
39 years$889$568$351$211$125$47
40 years$857$540$329$195$113$41
41 years$827$514$308$180$102$36
42 years$798$490$289$166$93$32
43 years$771$466$271$153$84$28
44 years$745$445$255$141$77$25
45 years$720$424$239$130$70$22
46 years$697$404$225$121$63$19
47 years$674$386$211$111$57$17
48 years$652$368$198$103$52$15
49 years$632$352$186$95$47$13
50 years$612$336$175$88$43$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $627,000, adding $4,550 every year, while hoping to spend $25,941 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: 56/39/5 Blend
39$627,000$627,000$627,000$627,000
40$695,647$662,416$652,698$733,662
41$739,002$667,274$646,962$764,623
42$785,910$671,500$640,165$795,017
43$836,706$675,036$632,243$827,471
44$891,757$677,820$623,131$862,185
45$951,470$679,787$612,759$899,377
46$1,016,289$680,866$601,056$939,292
47$1,086,705$680,982$587,945$982,196
48$1,163,255$680,057$573,348$1,028,385
49$1,246,533$678,006$557,182$1,078,188
50$1,337,192$674,740$539,359$1,131,965
51$1,435,948$670,165$519,791$1,190,116
52$1,543,592$664,181$498,381$1,253,083
53$1,660,993$656,680$475,031$1,321,353
54$1,789,107$647,550$449,637$1,395,466
55$1,928,988$636,672$422,092$1,476,017
56$2,081,794$623,918$392,281$1,563,663
57$2,248,802$609,155$360,088$1,659,132
58$2,431,417$592,241$325,388$1,763,225
59$2,631,186$573,025$288,052$1,876,830
60$2,849,811$551,347$247,947$2,000,926
61$3,089,169$527,041$204,930$2,136,594
62$3,351,325$499,926$158,856$2,285,028
63$3,638,553$469,816$109,571$2,447,546
64$3,953,358$436,510$56,914$2,625,606
65$4,298,499$399,797$719$2,820,815
66$4,677,015$359,456$0$3,034,947
67$5,092,251$315,249$0$3,273,123
68$5,547,894$266,930$0$3,534,592
69$6,048,003$214,234$0$3,821,714
70$6,597,052$156,884$0$4,137,135
71$7,199,967$94,587$0$4,483,776
72$7,862,175$27,033$0$4,864,858
73$8,589,653$0$0$5,283,938
74$9,388,989$0$0$5,764,725
75$10,267,438$0$0$6,305,907
76$11,232,993$0$0$6,900,814
77$12,294,461$0$0$7,554,881
78$13,461,542$0$0$8,274,094
79$14,744,927$0$0$9,065,048
80$16,156,392$0$0$9,935,009
81$17,708,911$0$0$10,891,984
82$19,416,782$0$0$11,944,795
83$21,295,755$0$0$13,103,159
84$23,363,185$0$0$14,377,787
85$25,638,193$0$0$15,780,476
86$28,141,848$0$0$17,324,229
87$30,897,367$0$0$19,023,371
88$33,930,327$0$0$20,893,685
89$37,268,914$0$0$22,952,564
90$40,944,185$0$0$25,219,171
91$44,990,359$0$0$27,714,625
92$49,445,143$0$0$30,462,192
93$54,350,087$0$0$33,487,512
94$59,750,975$0$0$36,818,838
95$65,698,253$0$0$40,487,300
96$72,247,514$0$0$44,527,203
97$79,460,012$0$0$48,976,347
98$87,403,248$0$0$53,876,386
99$96,151,600$0$0$59,273,219
100$105,787,031$0$0$65,217,425