Can I retire at age 40 with 641,000?

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 $641,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$52,933$52,462$52,002$51,553$51,114$49,899
2 years$26,205$25,717$25,244$24,785$24,340$23,123
3 years$17,296$16,806$16,334$15,880$15,442$14,261
4 years$12,843$12,354$11,887$11,441$11,014$9,877
5 years$10,172$9,686$9,225$8,787$8,372$7,285
6 years$8,391$7,909$7,455$7,027$6,625$5,586
7 years$7,120$6,642$6,195$5,778$5,388$4,399
8 years$6,167$5,694$5,254$4,847$4,470$3,530
9 years$5,426$4,957$4,525$4,128$3,764$2,873
10 years$4,834$4,370$3,945$3,559$3,207$2,363
11 years$4,350$3,890$3,473$3,097$2,758$1,961
12 years$3,947$3,491$3,083$2,717$2,390$1,638
13 years$3,606$3,155$2,754$2,398$2,084$1,375
14 years$3,314$2,868$2,474$2,129$1,827$1,160
15 years$3,061$2,620$2,234$1,899$1,609$982
16 years$2,840$2,404$2,026$1,700$1,422$834
17 years$2,645$2,214$1,843$1,527$1,261$710
18 years$2,472$2,046$1,683$1,377$1,121$606
19 years$2,318$1,896$1,540$1,244$999$517
20 years$2,179$1,762$1,414$1,127$892$443
21 years$2,053$1,641$1,300$1,022$799$380
22 years$1,939$1,532$1,198$930$716$326
23 years$1,835$1,433$1,107$847$643$280
24 years$1,740$1,342$1,023$772$578$240
25 years$1,653$1,260$948$705$520$207
26 years$1,572$1,184$879$645$468$178
27 years$1,498$1,114$816$590$422$153
28 years$1,429$1,050$759$541$381$132
29 years$1,365$990$706$496$344$114
30 years$1,305$935$658$455$311$98
31 years$1,249$884$613$418$281$84
32 years$1,197$837$572$384$254$73
33 years$1,148$792$534$353$230$63
34 years$1,102$751$499$325$208$54
35 years$1,059$712$467$299$189$47
36 years$1,018$676$437$276$171$40
37 years$980$642$409$254$155$35
38 years$943$610$383$234$140$30
39 years$909$580$358$216$127$26
40 years$876$552$336$199$115$22
41 years$845$526$315$184$105$19
42 years$816$500$296$169$95$17
43 years$788$477$277$156$86$14
44 years$762$455$260$144$78$12
45 years$736$433$244$133$71$11
46 years$712$414$230$123$65$9
47 years$689$395$216$114$59$8
48 years$667$377$203$105$53$7
49 years$646$360$191$97$48$6
50 years$626$344$179$90$44$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $641,000, adding $3,101 every year, while hoping to spend $27,818 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: 45/47/8 Blend
39$641,000$641,000$641,000$641,000
40$709,581$675,608$665,672$739,785
41$752,360$679,114$658,374$764,473
42$798,570$681,860$649,899$788,108
43$848,532$683,779$640,179$813,096
44$902,598$684,800$629,140$839,569
45$961,156$684,848$616,709$867,677
46$1,024,631$683,843$602,806$897,584
47$1,093,491$681,699$587,348$929,476
48$1,168,253$678,328$570,250$963,554
49$1,249,481$673,633$551,420$1,000,047
50$1,337,800$667,513$530,765$1,039,205
51$1,433,895$659,861$508,185$1,081,307
52$1,538,521$650,562$483,577$1,126,663
53$1,652,507$639,496$456,834$1,175,615
54$1,776,766$626,536$427,842$1,228,545
55$1,912,305$611,545$396,483$1,285,875
56$2,060,230$594,380$362,634$1,348,073
57$2,221,758$574,889$326,168$1,415,656
58$2,398,231$552,912$286,948$1,489,201
59$2,591,124$528,279$244,834$1,569,343
60$2,802,063$500,809$199,680$1,656,787
61$3,032,838$470,312$151,334$1,752,315
62$3,285,417$436,587$99,633$1,856,792
63$3,561,971$399,422$44,413$1,971,174
64$3,864,890$358,591$0$2,096,521
65$4,196,803$313,856$0$2,235,246
66$4,560,609$264,967$0$2,391,531
67$4,959,499$211,658$0$2,563,035
68$5,396,987$153,649$0$2,751,362
69$5,876,945$90,643$0$2,958,286
70$6,403,637$22,328$0$3,185,766
71$6,981,759$0$0$3,435,970
72$7,616,486$0$0$3,737,992
73$8,313,517$0$0$4,082,420
74$9,079,129$0$0$4,460,819
75$9,920,240$0$0$4,876,618
76$10,844,467$0$0$5,333,593
77$11,860,205$0$0$5,835,906
78$12,976,701$0$0$6,388,141
79$14,204,142$0$0$6,995,349
80$15,553,753$0$0$7,663,093
81$17,037,898$0$0$8,397,506
82$18,670,203$0$0$9,205,341
83$20,465,678$0$0$10,094,040
84$22,440,861$0$0$11,071,805
85$24,613,975$0$0$12,147,668
86$27,005,097$0$0$13,331,586
87$29,636,349$0$0$14,634,526
88$32,532,107$0$0$16,068,575
89$35,719,226$0$0$17,647,048
90$39,227,299$0$0$19,384,620
91$43,088,935$0$0$21,297,456
92$47,340,062$0$0$23,403,374
93$52,020,270$0$0$25,722,004
94$57,173,181$0$0$28,274,975
95$62,846,865$0$0$31,086,123
96$69,094,289$0$0$34,181,711
97$75,973,817$0$0$37,590,682
98$83,549,761$0$0$41,344,923
99$91,892,991$0$0$45,479,578
100$101,081,596$0$0$50,033,367