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%13.7%
1 years$52,520$52,052$51,596$51,151$50,716$49,937
2 years$26,000$25,516$25,047$24,592$24,150$23,368
3 years$17,161$16,675$16,207$15,756$15,322$14,560
4 years$12,743$12,258$11,794$11,351$10,928$10,192
5 years$10,092$9,610$9,153$8,719$8,307$7,600
6 years$8,326$7,848$7,397$6,973$6,573$5,895
7 years$7,065$6,590$6,147$5,733$5,346$4,697
8 years$6,119$5,649$5,213$4,809$4,435$3,815
9 years$5,384$4,919$4,490$4,096$3,735$3,144
10 years$4,796$4,335$3,914$3,531$3,182$2,620
11 years$4,316$3,860$3,446$3,073$2,737$2,203
12 years$3,916$3,464$3,058$2,695$2,372$1,865
13 years$3,578$3,131$2,733$2,380$2,068$1,588
14 years$3,288$2,846$2,455$2,112$1,813$1,359
15 years$3,037$2,600$2,217$1,884$1,596$1,167
16 years$2,818$2,385$2,010$1,687$1,411$1,006
17 years$2,624$2,197$1,829$1,516$1,251$869
18 years$2,453$2,030$1,669$1,366$1,112$753
19 years$2,299$1,881$1,528$1,234$991$654
20 years$2,162$1,748$1,403$1,118$885$568
21 years$2,037$1,628$1,290$1,014$792$495
22 years$1,924$1,520$1,189$922$710$431
23 years$1,821$1,422$1,098$840$638$377
24 years$1,726$1,332$1,015$766$573$329
25 years$1,640$1,250$940$700$516$288
26 years$1,560$1,175$872$640$465$252
27 years$1,486$1,106$810$586$419$220
28 years$1,418$1,042$753$537$378$193
29 years$1,354$983$701$492$341$169
30 years$1,295$928$653$452$308$148
31 years$1,239$877$608$415$279$130
32 years$1,188$830$568$381$252$114
33 years$1,139$786$530$350$228$100
34 years$1,093$745$495$322$207$88
35 years$1,051$707$463$297$187$77
36 years$1,010$671$433$273$170$68
37 years$972$637$405$252$154$60
38 years$936$605$380$232$139$52
39 years$902$576$356$214$126$46
40 years$870$548$333$197$115$40
41 years$839$521$313$182$104$36
42 years$810$497$293$168$94$31
43 years$782$473$275$155$86$27
44 years$756$451$258$143$78$24
45 years$731$430$243$132$71$21
46 years$707$410$228$122$64$19
47 years$684$392$214$113$58$16
48 years$662$374$201$104$53$14
49 years$641$357$189$96$48$13
50 years$621$341$178$89$44$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $636,000, adding $5,259 every year, while hoping to spend $24,016 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: 60/20/20 Blend
39$636,000$636,000$636,000$636,000
40$706,297$672,589$662,731$744,677
41$752,786$679,993$659,379$778,684
42$803,213$686,955$655,111$812,667
43$857,952$693,427$649,869$849,199
44$917,419$699,361$643,595$888,533
45$982,068$704,702$636,228$930,946
46$1,052,400$709,393$627,702$976,742
47$1,128,965$713,374$617,951$1,026,260
48$1,212,371$716,581$606,904$1,079,872
49$1,303,284$718,945$594,487$1,137,991
50$1,402,439$720,393$580,622$1,201,071
51$1,510,644$720,848$565,228$1,269,612
52$1,628,788$720,228$548,222$1,344,168
53$1,757,850$718,445$529,513$1,425,351
54$1,898,909$715,407$509,010$1,513,834
55$2,053,151$711,015$486,615$1,610,363
56$2,221,883$705,166$462,228$1,715,757
57$2,406,545$697,748$435,742$1,830,924
58$2,608,719$688,645$407,046$1,956,863
59$2,830,152$677,732$376,026$2,094,679
60$3,072,764$664,878$342,559$2,245,589
61$3,338,672$649,942$306,521$2,410,938
62$3,630,206$632,779$267,778$2,592,207
63$3,949,932$613,230$226,194$2,791,033
64$4,300,678$591,131$181,624$3,009,221
65$4,685,557$566,306$133,919$3,248,762
66$5,107,999$538,571$82,921$3,511,852
67$5,571,783$507,729$28,467$3,800,916
68$6,081,070$473,573$0$4,118,625
69$6,640,445$435,884$0$4,474,255
70$7,254,958$394,429$0$4,871,627
71$7,930,172$348,965$0$5,308,285
72$8,672,218$299,232$0$5,788,228
73$9,487,847$244,957$0$6,315,863
74$10,384,498$185,851$0$6,896,049
75$11,370,368$121,609$0$7,534,139
76$12,454,487$51,909$0$8,236,037
77$13,646,802$0$0$9,008,249
78$14,958,275$0$0$9,863,137
79$16,400,982$0$0$10,816,196
80$17,988,230$0$0$11,864,798
81$19,734,679$0$0$13,018,636
82$21,656,483$0$0$14,288,390
83$23,771,440$0$0$15,685,827
84$26,099,161$0$0$17,223,914
85$28,661,256$0$0$18,916,936
86$31,481,534$0$0$20,780,636
87$34,586,230$0$0$22,832,360
88$38,004,253$0$0$25,091,221
89$41,767,457$0$0$27,578,280
90$45,910,940$0$0$30,316,743
91$50,473,380$0$0$33,332,182
92$55,497,394$0$0$36,652,774
93$61,029,943$0$0$40,309,569
94$67,122,773$0$0$44,336,780
95$73,832,908$0$0$48,772,110
96$81,223,180$0$0$53,657,102
97$89,362,828$0$0$59,037,536
98$98,328,149$0$0$64,963,858
99$108,203,217$0$0$71,491,656
100$119,080,679$0$0$78,682,186