Can I retire at age 40 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$52,520$52,052$51,596$51,151$50,716$50,312
2 years$26,000$25,516$25,047$24,592$24,150$23,743
3 years$17,161$16,675$16,207$15,756$15,322$14,924
4 years$12,743$12,258$11,794$11,351$10,928$10,542
5 years$10,092$9,610$9,153$8,719$8,307$7,935
6 years$8,326$7,848$7,397$6,973$6,573$6,215
7 years$7,065$6,590$6,147$5,733$5,346$5,002
8 years$6,119$5,649$5,213$4,809$4,435$4,105
9 years$5,384$4,919$4,490$4,096$3,735$3,419
10 years$4,796$4,335$3,914$3,531$3,182$2,881
11 years$4,316$3,860$3,446$3,073$2,737$2,449
12 years$3,916$3,464$3,058$2,695$2,372$2,097
13 years$3,578$3,131$2,733$2,380$2,068$1,807
14 years$3,288$2,846$2,455$2,112$1,813$1,565
15 years$3,037$2,600$2,217$1,884$1,596$1,360
16 years$2,818$2,385$2,010$1,687$1,411$1,187
17 years$2,624$2,197$1,829$1,516$1,251$1,039
18 years$2,453$2,030$1,669$1,366$1,112$912
19 years$2,299$1,881$1,528$1,234$991$802
20 years$2,162$1,748$1,403$1,118$885$706
21 years$2,037$1,628$1,290$1,014$792$623
22 years$1,924$1,520$1,189$922$710$551
23 years$1,821$1,422$1,098$840$638$488
24 years$1,726$1,332$1,015$766$573$432
25 years$1,640$1,250$940$700$516$383
26 years$1,560$1,175$872$640$465$340
27 years$1,486$1,106$810$586$419$302
28 years$1,418$1,042$753$537$378$269
29 years$1,354$983$701$492$341$239
30 years$1,295$928$653$452$308$213
31 years$1,239$877$608$415$279$189
32 years$1,188$830$568$381$252$169
33 years$1,139$786$530$350$228$150
34 years$1,093$745$495$322$207$134
35 years$1,051$707$463$297$187$119
36 years$1,010$671$433$273$170$106
37 years$972$637$405$252$154$95
38 years$936$605$380$232$139$85
39 years$902$576$356$214$126$76
40 years$870$548$333$197$115$67
41 years$839$521$313$182$104$60
42 years$810$497$293$168$94$54
43 years$782$473$275$155$86$48
44 years$756$451$258$143$78$43
45 years$731$430$243$132$71$38
46 years$707$410$228$122$64$34
47 years$684$392$214$113$58$31
48 years$662$374$201$104$53$27
49 years$641$357$189$96$48$24
50 years$621$341$178$89$44$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $636,000, adding $5,374 every year, while hoping to spend $27,246 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: 48/26/26 Blend
39$636,000$636,000$636,000$636,000
40$706,415$672,707$662,849$734,864
41$749,480$676,680$656,065$759,335
42$796,024$679,935$648,141$782,778
43$846,374$682,407$639,009$807,698
44$900,888$684,029$628,599$834,247
45$959,960$684,728$616,839$862,595
46$1,024,024$684,427$603,651$892,929
47$1,093,556$683,046$588,955$925,458
48$1,169,080$680,496$572,666$960,412
49$1,251,173$676,688$554,697$998,049
50$1,340,469$671,522$534,956$1,038,652
51$1,437,667$664,896$513,347$1,082,537
52$1,543,533$656,700$489,768$1,130,052
53$1,658,913$646,818$464,115$1,181,585
54$1,784,737$635,127$436,277$1,237,566
55$1,922,028$621,496$406,141$1,298,468
56$2,071,914$605,788$373,585$1,364,818
57$2,235,633$587,856$338,485$1,437,199
58$2,414,552$567,546$300,709$1,516,256
59$2,610,174$544,693$260,120$1,602,701
60$2,824,153$519,124$216,575$1,697,326
61$3,058,312$490,657$169,926$1,801,003
62$3,314,658$459,096$120,016$1,914,700
63$3,595,399$424,238$66,682$2,039,485
64$3,902,969$385,865$9,755$2,176,542
65$4,240,047$343,748$0$2,327,177
66$4,609,585$297,645$0$2,506,984
67$5,014,834$247,300$0$2,707,220
68$5,459,372$192,443$0$2,926,995
69$5,947,143$132,789$0$3,168,318
70$6,482,492$68,035$0$3,433,404
71$7,070,201$0$0$3,724,694
72$7,715,540$0$0$4,045,498
73$8,424,316$0$0$4,419,287
74$9,202,924$0$0$4,829,979
75$10,058,409$0$0$5,281,299
76$10,998,531$0$0$5,777,351
77$12,031,843$0$0$6,322,658
78$13,167,763$0$0$6,922,201
79$14,416,670$0$0$7,581,468
80$15,789,999$0$0$8,306,506
81$17,300,345$0$0$9,103,977
82$18,961,590$0$0$9,981,222
83$20,789,026$0$0$10,946,328
84$22,799,500$0$0$12,008,206
85$25,011,577$0$0$13,176,674
86$27,445,712$0$0$14,462,550
87$30,124,442$0$0$15,877,755
88$33,072,598$0$0$17,435,420
89$36,317,545$0$0$19,150,019
90$39,889,429$0$0$21,037,497
91$43,821,471$0$0$23,115,424
92$48,150,276$0$0$25,403,161
93$52,916,179$0$0$27,922,041
94$58,163,622$0$0$30,695,571
95$63,941,580$0$0$33,749,653
96$70,304,015$0$0$37,112,831
97$77,310,391$0$0$40,816,556
98$85,026,232$0$0$44,895,484
99$93,523,739$0$0$49,387,805
100$102,882,474$0$0$54,335,603