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%11.2%
1 years$52,520$52,052$51,596$51,151$50,716$50,459
2 years$26,000$25,516$25,047$24,592$24,150$23,892
3 years$17,161$16,675$16,207$15,756$15,322$15,069
4 years$12,743$12,258$11,794$11,351$10,928$10,682
5 years$10,092$9,610$9,153$8,719$8,307$8,070
6 years$8,326$7,848$7,397$6,973$6,573$6,345
7 years$7,065$6,590$6,147$5,733$5,346$5,126
8 years$6,119$5,649$5,213$4,809$4,435$4,224
9 years$5,384$4,919$4,490$4,096$3,735$3,533
10 years$4,796$4,335$3,914$3,531$3,182$2,989
11 years$4,316$3,860$3,446$3,073$2,737$2,552
12 years$3,916$3,464$3,058$2,695$2,372$2,195
13 years$3,578$3,131$2,733$2,380$2,068$1,900
14 years$3,288$2,846$2,455$2,112$1,813$1,652
15 years$3,037$2,600$2,217$1,884$1,596$1,443
16 years$2,818$2,385$2,010$1,687$1,411$1,265
17 years$2,624$2,197$1,829$1,516$1,251$1,113
18 years$2,453$2,030$1,669$1,366$1,112$981
19 years$2,299$1,881$1,528$1,234$991$867
20 years$2,162$1,748$1,403$1,118$885$768
21 years$2,037$1,628$1,290$1,014$792$681
22 years$1,924$1,520$1,189$922$710$605
23 years$1,821$1,422$1,098$840$638$539
24 years$1,726$1,332$1,015$766$573$480
25 years$1,640$1,250$940$700$516$428
26 years$1,560$1,175$872$640$465$382
27 years$1,486$1,106$810$586$419$341
28 years$1,418$1,042$753$537$378$305
29 years$1,354$983$701$492$341$273
30 years$1,295$928$653$452$308$244
31 years$1,239$877$608$415$279$218
32 years$1,188$830$568$381$252$196
33 years$1,139$786$530$350$228$175
34 years$1,093$745$495$322$207$157
35 years$1,051$707$463$297$187$141
36 years$1,010$671$433$273$170$126
37 years$972$637$405$252$154$113
38 years$936$605$380$232$139$102
39 years$902$576$356$214$126$91
40 years$870$548$333$197$115$82
41 years$839$521$313$182$104$74
42 years$810$497$293$168$94$66
43 years$782$473$275$155$86$59
44 years$756$451$258$143$78$53
45 years$731$430$243$132$71$48
46 years$707$410$228$122$64$43
47 years$684$392$214$113$58$39
48 years$662$374$201$104$53$35
49 years$641$357$189$96$48$31
50 years$621$341$178$89$44$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $636,000, adding $6,172 every year, while hoping to spend $25,298 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: 76/5/19 Blend
39$636,000$636,000$636,000$636,000
40$707,238$673,530$663,672$757,425
41$752,460$679,617$658,989$797,572
42$801,446$685,153$653,300$837,846
43$854,554$690,086$646,546$881,333
44$912,177$694,359$638,664$928,347
45$974,747$697,910$629,587$979,235
46$1,042,740$700,676$619,246$1,034,378
47$1,116,677$702,587$607,569$1,094,194
48$1,197,135$703,571$594,479$1,159,149
49$1,284,746$703,549$579,898$1,229,751
50$1,380,206$702,439$563,741$1,306,564
51$1,484,283$700,155$545,922$1,390,209
52$1,597,819$696,602$526,350$1,481,368
53$1,721,744$691,682$504,929$1,580,796
54$1,857,078$685,291$481,561$1,689,324
55$2,004,948$677,318$456,141$1,807,867
56$2,166,592$667,646$428,561$1,937,437
57$2,343,373$656,149$398,707$2,079,146
58$2,536,793$642,697$366,459$2,234,222
59$2,748,506$627,148$331,695$2,404,017
60$2,980,331$609,357$294,285$2,590,024
61$3,234,274$589,164$254,093$2,793,887
62$3,512,543$566,406$210,978$3,017,419
63$3,817,569$540,907$164,792$3,262,618
64$4,152,030$512,480$115,382$3,531,687
65$4,518,876$480,930$62,586$3,827,055
66$4,921,355$446,050$6,236$4,151,399
67$5,363,047$407,619$0$4,507,671
68$5,847,891$365,406$0$4,910,049
69$6,380,231$319,166$0$5,353,253
70$6,964,849$268,640$0$5,840,010
71$7,607,014$213,553$0$6,374,717
72$8,312,529$153,618$0$6,962,221
73$9,087,790$88,528$0$7,607,859
74$9,939,840$17,961$0$8,317,515
75$10,876,439$0$0$9,097,670
76$11,906,138$0$0$9,958,679
77$13,038,356$0$0$10,906,526
78$14,283,470$0$0$11,948,914
79$15,652,914$0$0$13,095,417
80$17,159,287$0$0$14,356,586
81$18,816,468$0$0$15,744,047
82$20,639,749$0$0$17,270,605
83$22,645,982$0$0$18,950,373
84$24,853,730$0$0$20,798,900
85$27,283,452$0$0$22,833,318
86$29,957,686$0$0$25,072,504
87$32,901,269$0$0$27,537,257
88$36,141,567$0$0$30,250,497
89$39,708,732$0$0$33,237,478
90$43,635,991$0$0$36,526,025
91$47,959,955$0$0$40,146,802
92$52,720,966$0$0$44,133,594
93$57,963,476$0$0$48,523,631
94$63,736,469$0$0$53,357,937
95$70,093,919$0$0$58,681,716
96$77,095,305$0$0$64,544,781
97$84,806,163$0$0$71,002,020
98$93,298,714$0$0$78,113,919
99$102,652,538$0$0$85,947,127
100$112,955,328$0$0$94,575,088