Can I retire at age 40 with 635,000?

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 $635,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$52,438$51,971$51,515$51,070$50,636$49,756
2 years$25,959$25,476$25,007$24,553$24,112$23,229
3 years$17,134$16,649$16,181$15,731$15,298$14,438
4 years$12,723$12,239$11,776$11,334$10,911$10,081
5 years$10,076$9,595$9,139$8,705$8,294$7,497
6 years$8,313$7,835$7,385$6,962$6,563$5,800
7 years$7,053$6,580$6,137$5,724$5,337$4,608
8 years$6,110$5,640$5,205$4,801$4,428$3,733
9 years$5,376$4,911$4,483$4,090$3,729$3,067
10 years$4,789$4,329$3,908$3,525$3,177$2,548
11 years$4,309$3,854$3,441$3,068$2,732$2,136
12 years$3,910$3,459$3,054$2,691$2,368$1,802
13 years$3,572$3,126$2,728$2,376$2,065$1,530
14 years$3,283$2,841$2,451$2,109$1,810$1,304
15 years$3,032$2,595$2,213$1,881$1,594$1,117
16 years$2,813$2,381$2,007$1,684$1,409$959
17 years$2,620$2,193$1,826$1,513$1,249$826
18 years$2,449$2,027$1,667$1,364$1,110$713
19 years$2,296$1,878$1,526$1,232$990$616
20 years$2,158$1,745$1,400$1,116$884$534
21 years$2,034$1,626$1,288$1,013$791$463
22 years$1,921$1,517$1,187$921$709$402
23 years$1,818$1,419$1,096$839$637$350
24 years$1,724$1,330$1,014$765$572$304
25 years$1,637$1,248$939$699$515$265
26 years$1,557$1,173$871$639$464$231
27 years$1,484$1,104$809$585$418$202
28 years$1,415$1,040$752$536$377$176
29 years$1,352$981$700$491$341$154
30 years$1,293$927$652$451$308$134
31 years$1,237$876$607$414$278$117
32 years$1,186$829$567$381$252$102
33 years$1,137$785$529$350$228$89
34 years$1,092$744$494$322$206$78
35 years$1,049$706$462$296$187$68
36 years$1,009$670$432$273$169$60
37 years$970$636$405$251$153$52
38 years$934$605$379$232$139$46
39 years$900$575$355$214$126$40
40 years$868$547$333$197$114$35
41 years$838$521$312$182$104$31
42 years$808$496$293$168$94$27
43 years$781$472$275$155$85$23
44 years$754$450$258$143$78$21
45 years$729$429$242$132$70$18
46 years$705$410$227$122$64$16
47 years$683$391$214$113$58$14
48 years$661$373$201$104$53$12
49 years$640$356$189$96$48$11
50 years$620$340$177$89$44$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $635,000, adding $3,840 every year, while hoping to spend $25,808 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: 48/31/21 Blend
39$635,000$635,000$635,000$635,000
40$703,731$670,076$660,233$733,159
41$748,052$675,450$654,892$759,428
42$796,029$680,223$648,506$785,034
43$848,007$684,337$641,014$812,304
44$904,367$687,732$632,351$841,405
45$965,526$690,345$622,449$872,524
46$1,031,944$692,106$611,235$905,865
47$1,104,126$692,944$598,636$941,657
48$1,182,630$692,781$584,573$980,151
49$1,268,066$691,535$568,964$1,021,626
50$1,361,108$689,119$551,723$1,066,394
51$1,462,497$685,442$532,762$1,114,794
52$1,573,048$680,405$511,985$1,167,208
53$1,693,658$673,904$489,297$1,224,055
54$1,825,316$665,830$464,593$1,285,798
55$1,969,108$656,066$437,767$1,352,954
56$2,126,232$644,488$408,707$1,426,089
57$2,298,005$630,965$377,296$1,505,833
58$2,485,878$615,359$343,412$1,592,883
59$2,691,449$597,523$306,928$1,688,008
60$2,916,477$577,301$267,709$1,792,058
61$3,162,898$554,530$225,618$1,905,976
62$3,432,845$529,034$180,508$2,030,800
63$3,728,669$500,629$132,228$2,167,682
64$4,052,954$469,122$80,620$2,317,891
65$4,408,552$434,305$25,517$2,482,832
66$4,798,600$395,962$0$2,664,058
67$5,226,555$353,861$0$2,870,741
68$5,696,224$307,761$0$3,103,903
69$6,211,800$257,403$0$3,359,955
70$6,777,905$202,516$0$3,641,252
71$7,399,625$142,814$0$3,950,392
72$8,082,568$77,992$0$4,290,243
73$8,832,909$7,733$0$4,663,965
74$9,657,450$0$0$5,075,048
75$10,563,688$0$0$5,550,640
76$11,559,880$0$0$6,076,416
77$12,655,122$0$0$6,654,549
78$13,859,437$0$0$7,290,339
79$15,183,867$0$0$7,989,626
80$16,640,577$0$0$8,758,844
81$18,242,974$0$0$9,605,081
82$20,005,823$0$0$10,536,150
83$21,945,399$0$0$11,560,654
84$24,079,629$0$0$12,688,078
85$26,428,268$0$0$13,928,868
86$29,013,083$0$0$15,294,537
87$31,858,057$0$0$16,797,769
88$34,989,615$0$0$18,452,542
89$38,436,877$0$0$20,274,255
90$42,231,927$0$0$22,279,879
91$46,410,118$0$0$24,488,112
92$51,010,406$0$0$26,919,560
93$56,075,717$0$0$29,596,925
94$61,653,350$0$0$32,545,226
95$67,795,427$0$0$35,792,031
96$74,559,378$0$0$39,367,716
97$82,008,490$0$0$43,305,755
98$90,212,499$0$0$47,643,034
99$99,248,251$0$0$52,420,198
100$109,200,422$0$0$57,682,037