Can I retire at age 40 with 633,000?

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 $633,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$52,273$51,807$51,353$50,909$50,476$48,685
2 years$25,877$25,396$24,928$24,476$24,036$22,251
3 years$17,080$16,596$16,130$15,682$15,250$13,526
4 years$12,683$12,200$11,739$11,298$10,876$9,228
5 years$10,045$9,565$9,110$8,678$8,268$6,699
6 years$8,287$7,811$7,362$6,940$6,542$5,053
7 years$7,031$6,559$6,118$5,706$5,320$3,912
8 years$6,090$5,622$5,188$4,786$4,414$3,084
9 years$5,359$4,895$4,469$4,077$3,717$2,465
10 years$4,774$4,315$3,896$3,514$3,167$1,990
11 years$4,296$3,841$3,430$3,058$2,724$1,619
12 years$3,897$3,448$3,044$2,683$2,360$1,326
13 years$3,561$3,116$2,720$2,368$2,058$1,091
14 years$3,272$2,832$2,444$2,102$1,804$901
15 years$3,023$2,587$2,206$1,875$1,589$747
16 years$2,804$2,374$2,000$1,679$1,404$621
17 years$2,612$2,186$1,820$1,508$1,245$517
18 years$2,441$2,020$1,662$1,359$1,107$431
19 years$2,289$1,872$1,521$1,228$987$360
20 years$2,151$1,740$1,396$1,112$881$302
21 years$2,027$1,621$1,284$1,010$789$252
22 years$1,915$1,513$1,183$918$707$212
23 years$1,812$1,415$1,093$836$635$177
24 years$1,718$1,326$1,011$763$570$149
25 years$1,632$1,244$936$696$513$125
26 years$1,552$1,169$868$637$462$105
27 years$1,479$1,100$806$583$417$88
28 years$1,411$1,037$749$534$376$74
29 years$1,348$978$697$490$340$62
30 years$1,289$924$650$449$307$52
31 years$1,233$873$606$413$277$44
32 years$1,182$826$565$379$251$37
33 years$1,134$782$528$349$227$31
34 years$1,088$742$493$321$206$26
35 years$1,046$703$461$295$186$22
36 years$1,005$668$431$272$169$19
37 years$967$634$403$251$153$16
38 years$932$603$378$231$139$13
39 years$898$573$354$213$126$11
40 years$865$545$332$197$114$9
41 years$835$519$311$181$103$8
42 years$806$494$292$167$94$7
43 years$778$471$274$154$85$6
44 years$752$449$257$143$77$5
45 years$727$428$241$132$70$4
46 years$703$408$227$122$64$3
47 years$680$390$213$112$58$3
48 years$659$372$200$104$53$2
49 years$638$355$188$96$48$2
50 years$618$339$177$89$43$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $633,000, adding $6,725 every year, while hoping to spend $32,247 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: 25/50/25 Blend
39$633,000$633,000$633,000$633,000
40$704,503$670,954$661,142$716,424
41$742,052$669,520$648,980$725,282
42$782,349$666,935$635,330$731,564
43$825,643$663,109$620,107$737,616
44$872,202$657,945$603,224$743,440
45$922,325$651,342$584,590$749,040
46$976,336$643,192$564,108$754,425
47$1,034,595$633,381$541,678$759,607
48$1,097,493$621,786$517,194$764,605
49$1,165,465$608,281$490,548$769,441
50$1,238,985$592,730$461,623$774,147
51$1,318,575$574,987$430,301$778,758
52$1,404,809$554,901$396,456$783,322
53$1,498,320$532,311$359,957$787,894
54$1,599,800$507,045$320,667$792,540
55$1,710,013$478,925$278,444$797,339
56$1,829,800$447,758$233,137$802,385
57$1,960,084$413,342$184,592$807,785
58$2,101,882$375,465$132,645$813,666
59$2,256,313$333,902$77,127$820,173
60$2,424,606$288,412$17,860$827,476
61$2,608,117$238,746$0$835,768
62$2,808,337$184,636$0$857,377
63$3,026,906$125,802$0$886,319
64$3,265,630$61,946$0$918,168
65$3,526,499$0$0$953,306
66$3,811,702$0$0$996,148
67$4,123,648$0$0$1,080,389
68$4,464,993$0$0$1,172,676
69$4,838,657$0$0$1,273,811
70$5,247,860$0$0$1,384,681
71$5,696,144$0$0$1,506,258
72$6,187,414$0$0$1,639,618
73$6,725,966$0$0$1,785,941
74$7,316,534$0$0$1,946,530
75$7,964,333$0$0$2,122,819
76$8,675,105$0$0$2,316,389
77$9,455,175$0$0$2,528,980
78$10,311,512$0$0$2,762,510
79$11,251,791$0$0$3,019,090
80$12,284,465$0$0$3,301,047
81$13,418,850$0$0$3,610,945
82$14,665,205$0$0$3,951,609
83$16,034,834$0$0$4,326,149
84$17,540,189$0$0$4,737,994
85$19,194,989$0$0$5,190,920
86$21,014,348$0$0$5,689,088
87$23,014,918$0$0$6,237,084
88$25,215,045$0$0$6,839,958
89$27,634,942$0$0$7,503,275
90$30,296,880$0$0$8,233,169
91$33,225,395$0$0$9,036,396
92$36,447,522$0$0$9,920,401
93$39,993,051$0$0$10,893,386
94$43,894,802$0$0$11,964,390
95$48,188,939$0$0$13,143,373
96$52,915,309$0$0$14,441,308
97$58,117,818$0$0$15,870,289
98$63,844,846$0$0$17,443,638
99$70,149,699$0$0$19,176,038
100$77,091,117$0$0$21,083,667