Can I retire at age 40 with 635,000?

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 $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%15.1%
1 years$52,438$51,971$51,515$51,070$50,636$49,573
2 years$25,959$25,476$25,007$24,553$24,112$23,046
3 years$17,134$16,649$16,181$15,731$15,298$14,262
4 years$12,723$12,239$11,776$11,334$10,911$9,913
5 years$10,076$9,595$9,139$8,705$8,294$7,338
6 years$8,313$7,835$7,385$6,962$6,563$5,649
7 years$7,053$6,580$6,137$5,724$5,337$4,466
8 years$6,110$5,640$5,205$4,801$4,428$3,598
9 years$5,376$4,911$4,483$4,090$3,729$2,941
10 years$4,789$4,329$3,908$3,525$3,177$2,430
11 years$4,309$3,854$3,441$3,068$2,732$2,025
12 years$3,910$3,459$3,054$2,691$2,368$1,699
13 years$3,572$3,126$2,728$2,376$2,065$1,433
14 years$3,283$2,841$2,451$2,109$1,810$1,215
15 years$3,032$2,595$2,213$1,881$1,594$1,033
16 years$2,813$2,381$2,007$1,684$1,409$882
17 years$2,620$2,193$1,826$1,513$1,249$754
18 years$2,449$2,027$1,667$1,364$1,110$647
19 years$2,296$1,878$1,526$1,232$990$556
20 years$2,158$1,745$1,400$1,116$884$478
21 years$2,034$1,626$1,288$1,013$791$412
22 years$1,921$1,517$1,187$921$709$355
23 years$1,818$1,419$1,096$839$637$307
24 years$1,724$1,330$1,014$765$572$265
25 years$1,637$1,248$939$699$515$229
26 years$1,557$1,173$871$639$464$198
27 years$1,484$1,104$809$585$418$172
28 years$1,415$1,040$752$536$377$149
29 years$1,352$981$700$491$341$129
30 years$1,293$927$652$451$308$112
31 years$1,237$876$607$414$278$97
32 years$1,186$829$567$381$252$84
33 years$1,137$785$529$350$228$73
34 years$1,092$744$494$322$206$63
35 years$1,049$706$462$296$187$55
36 years$1,009$670$432$273$169$48
37 years$970$636$405$251$153$41
38 years$934$605$379$232$139$36
39 years$900$575$355$214$126$31
40 years$868$547$333$197$114$27
41 years$838$521$312$182$104$24
42 years$808$496$293$168$94$20
43 years$781$472$275$155$85$18
44 years$754$450$258$143$78$15
45 years$729$429$242$132$70$13
46 years$705$410$227$122$64$12
47 years$683$391$214$113$58$10
48 years$661$373$201$104$53$9
49 years$640$356$189$96$48$8
50 years$620$340$177$89$44$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $635,000, adding $3,950 every year, while hoping to spend $28,991 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: 41/38/21 Blend
39$635,000$635,000$635,000$635,000
40$703,844$670,189$660,347$728,205
41$744,790$672,183$651,622$747,963
42$788,941$673,302$641,634$766,255
43$836,593$673,473$630,308$785,463
44$888,072$672,619$617,570$805,687
45$943,734$670,658$603,338$827,037
46$1,003,975$667,499$587,530$849,640
47$1,069,226$663,052$570,057$873,633
48$1,139,961$657,216$550,828$899,172
49$1,216,705$649,887$529,749$926,431
50$1,300,031$640,954$506,717$955,604
51$1,390,571$630,298$481,630$986,906
52$1,489,022$617,795$454,377$1,020,579
53$1,596,148$603,313$424,845$1,056,890
54$1,712,792$586,712$392,913$1,096,139
55$1,839,879$567,842$358,458$1,138,658
56$1,978,428$546,549$321,348$1,184,817
57$2,129,563$522,665$281,448$1,235,026
58$2,294,517$496,014$238,616$1,289,744
59$2,474,650$466,411$192,702$1,349,478
60$2,671,459$433,660$143,552$1,414,792
61$2,886,591$397,552$91,004$1,486,313
62$3,121,860$357,869$34,889$1,564,737
63$3,379,262$314,377$0$1,650,834
64$3,660,997$266,832$0$1,751,061
65$3,969,486$214,974$0$1,869,475
66$4,307,396$158,529$0$1,999,343
67$4,677,662$97,210$0$2,141,878
68$5,083,520$30,709$0$2,298,419
69$5,528,530$0$0$2,470,445
70$6,016,615$0$0$2,676,862
71$6,552,097$0$0$2,917,494
72$7,139,734$0$0$3,181,649
73$7,784,769$0$0$3,471,696
74$8,492,976$0$0$3,790,241
75$9,270,717$0$0$4,140,157
76$10,124,997$0$0$4,524,610
77$11,063,538$0$0$4,947,084
78$12,094,841$0$0$5,411,421
79$13,228,277$0$0$5,921,852
80$14,474,166$0$0$6,483,038
81$15,843,878$0$0$7,100,116
82$17,349,942$0$0$7,778,744
83$19,006,159$0$0$8,525,157
84$20,827,735$0$0$9,346,222
85$22,831,425$0$0$10,249,508
86$25,035,688$0$0$11,243,353
87$27,460,863$0$0$12,336,945
88$30,129,358$0$0$13,540,406
89$33,065,867$0$0$14,864,891
90$36,297,593$0$0$16,322,690
91$39,854,515$0$0$17,927,343
92$43,769,661$0$0$19,693,773
93$48,079,427$0$0$21,638,421
94$52,823,914$0$0$23,779,404
95$58,047,312$0$0$26,136,683
96$63,798,309$0$0$28,732,256
97$70,130,559$0$0$31,590,360
98$77,103,181$0$0$34,737,705
99$84,781,317$0$0$38,203,721
100$93,236,753$0$0$42,020,837