Can I retire at age 40 with 639,000?

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 $639,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$52,768$52,298$51,839$51,392$50,955$49,108
2 years$26,123$25,636$25,165$24,708$24,264$22,424
3 years$17,242$16,754$16,283$15,830$15,394$13,618
4 years$12,803$12,316$11,850$11,405$10,979$9,281
5 years$10,140$9,656$9,196$8,760$8,346$6,730
6 years$8,365$7,885$7,432$7,005$6,604$5,072
7 years$7,098$6,621$6,176$5,760$5,371$3,921
8 years$6,148$5,676$5,238$4,832$4,456$3,088
9 years$5,410$4,942$4,511$4,115$3,752$2,465
10 years$4,819$4,356$3,933$3,548$3,197$1,987
11 years$4,336$3,878$3,463$3,087$2,750$1,615
12 years$3,934$3,481$3,073$2,708$2,383$1,321
13 years$3,594$3,145$2,745$2,391$2,078$1,085
14 years$3,303$2,859$2,467$2,122$1,821$895
15 years$3,051$2,612$2,227$1,893$1,604$741
16 years$2,831$2,396$2,019$1,695$1,417$615
17 years$2,637$2,207$1,837$1,523$1,257$511
18 years$2,464$2,039$1,677$1,372$1,117$426
19 years$2,310$1,890$1,536$1,240$996$355
20 years$2,172$1,756$1,409$1,123$890$297
21 years$2,047$1,636$1,296$1,019$796$248
22 years$1,933$1,527$1,195$927$714$208
23 years$1,829$1,428$1,103$844$641$174
24 years$1,735$1,338$1,020$770$576$146
25 years$1,647$1,256$945$703$518$122
26 years$1,567$1,180$876$643$467$102
27 years$1,493$1,111$814$588$421$86
28 years$1,424$1,047$756$539$380$72
29 years$1,360$987$704$494$343$61
30 years$1,301$932$656$454$310$51
31 years$1,245$882$611$417$280$43
32 years$1,193$834$570$383$253$36
33 years$1,144$790$533$352$229$30
34 years$1,099$749$498$324$208$25
35 years$1,055$710$465$298$188$21
36 years$1,015$674$435$275$170$18
37 years$977$640$407$253$154$15
38 years$940$608$381$233$140$13
39 years$906$578$357$215$127$11
40 years$874$550$335$198$115$9
41 years$843$524$314$183$104$7
42 years$814$499$295$169$95$6
43 years$786$475$276$156$86$5
44 years$759$453$260$144$78$4
45 years$734$432$244$133$71$4
46 years$710$412$229$123$64$3
47 years$687$393$215$113$58$3
48 years$665$376$202$105$53$2
49 years$644$359$190$97$48$2
50 years$624$343$179$90$44$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $639,000, adding $4,273 every year, while hoping to spend $33,392 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: 51/37/12 Blend
39$639,000$639,000$639,000$639,000
40$708,586$674,719$664,814$742,241
41$745,333$672,251$651,557$763,254
42$784,708$668,543$636,736$782,190
43$826,946$663,500$620,264$802,013
44$872,302$657,018$602,050$822,818
45$921,055$648,990$581,997$844,706
46$973,514$639,302$560,005$867,796
47$1,030,017$627,833$535,970$892,216
48$1,090,936$614,453$509,782$918,113
49$1,156,677$599,028$481,326$945,648
50$1,227,690$581,412$450,482$975,002
51$1,304,467$561,453$417,125$1,006,378
52$1,387,548$538,991$381,125$1,040,002
53$1,477,530$513,853$342,345$1,076,124
54$1,575,067$485,860$300,642$1,115,025
55$1,680,877$454,821$255,866$1,157,017
56$1,795,752$420,533$207,864$1,202,445
57$1,920,562$382,782$156,471$1,251,698
58$2,056,265$341,344$101,518$1,305,203
59$2,203,913$295,979$42,828$1,363,439
60$2,364,666$246,435$0$1,426,935
61$2,539,798$192,447$0$1,498,818
62$2,730,712$133,731$0$1,583,223
63$2,938,953$69,992$0$1,675,412
64$3,166,220$916$0$1,776,220
65$3,414,385$0$0$1,886,569
66$3,685,506$0$0$2,037,540
67$3,981,852$0$0$2,203,028
68$4,305,919$0$0$2,384,062
69$4,660,455$0$0$2,582,186
70$5,048,486$0$0$2,799,099
71$5,473,345$0$0$3,036,674
72$5,938,703$0$0$3,296,971
73$6,448,599$0$0$3,582,261
74$7,007,486$0$0$3,895,044
75$7,620,265$0$0$4,238,074
76$8,292,335$0$0$4,614,384
77$9,029,642$0$0$5,027,314
78$9,838,737$0$0$5,480,544
79$10,726,833$0$0$5,978,128
80$11,701,879$0$0$6,524,530
81$12,772,628$0$0$7,124,669
82$13,948,723$0$0$7,783,964
83$15,240,789$0$0$8,508,383
84$16,660,528$0$0$9,304,501
85$18,220,834$0$0$10,179,564
86$19,935,911$0$0$11,141,553
87$21,821,406$0$0$12,199,260
88$23,894,562$0$0$13,362,373
89$26,174,371$0$0$14,641,566
90$28,681,762$0$0$16,048,598
91$31,439,791$0$0$17,596,425
92$34,473,862$0$0$19,299,323
93$37,811,966$0$0$21,173,020
94$41,484,942$0$0$23,234,847
95$45,526,771$0$0$25,503,899
96$49,974,892$0$0$28,001,216
97$54,870,561$0$0$30,749,981
98$60,259,232$0$0$33,775,738
99$66,190,991$0$0$37,106,634
100$72,721,027$0$0$40,773,683