Can I retire at age 40 with 643,000?

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 $643,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$53,098$52,625$52,164$51,714$51,274$49,298
2 years$26,286$25,797$25,322$24,862$24,416$22,449
3 years$17,350$16,858$16,385$15,929$15,491$13,594
4 years$12,883$12,393$11,924$11,476$11,048$9,237
5 years$10,203$9,716$9,254$8,815$8,399$6,677
6 years$8,417$7,934$7,478$7,049$6,645$5,015
7 years$7,142$6,663$6,215$5,796$5,405$3,864
8 years$6,186$5,711$5,270$4,862$4,484$3,032
9 years$5,443$4,973$4,539$4,141$3,776$2,411
10 years$4,849$4,383$3,958$3,570$3,217$1,937
11 years$4,364$3,902$3,484$3,107$2,767$1,568
12 years$3,959$3,502$3,092$2,725$2,398$1,277
13 years$3,617$3,165$2,763$2,406$2,091$1,045
14 years$3,324$2,877$2,482$2,136$1,833$859
15 years$3,070$2,628$2,241$1,905$1,614$708
16 years$2,849$2,411$2,032$1,705$1,426$585
17 years$2,653$2,221$1,849$1,532$1,265$484
18 years$2,480$2,052$1,688$1,381$1,124$401
19 years$2,325$1,902$1,545$1,248$1,002$333
20 years$2,185$1,767$1,418$1,130$895$277
21 years$2,059$1,646$1,304$1,026$801$231
22 years$1,945$1,537$1,202$933$718$192
23 years$1,841$1,437$1,110$849$645$160
24 years$1,745$1,347$1,027$775$579$134
25 years$1,658$1,264$951$707$521$111
26 years$1,577$1,188$882$647$470$93
27 years$1,502$1,118$819$592$423$78
28 years$1,433$1,053$761$542$382$65
29 years$1,369$994$708$497$345$54
30 years$1,309$938$660$456$312$45
31 years$1,253$887$615$419$282$38
32 years$1,201$839$574$385$255$32
33 years$1,152$795$536$354$231$26
34 years$1,105$753$501$326$209$22
35 years$1,062$715$468$300$189$18
36 years$1,021$678$438$276$171$15
37 years$983$644$410$255$155$13
38 years$946$612$384$235$141$11
39 years$912$582$360$216$128$9
40 years$879$554$337$200$116$8
41 years$848$527$316$184$105$6
42 years$819$502$296$170$95$5
43 years$791$478$278$157$87$4
44 years$764$456$261$145$79$4
45 years$739$435$245$134$71$3
46 years$714$415$230$124$65$3
47 years$691$396$216$114$59$2
48 years$669$378$203$106$53$2
49 years$648$361$191$98$49$2
50 years$628$345$180$90$44$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $643,000, adding $3,395 every year, while hoping to spend $33,099 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: 70/16/14 Blend
39$643,000$643,000$643,000$643,000
40$712,088$678,009$668,042$759,467
41$749,504$676,014$655,205$789,387
42$789,627$672,813$640,828$817,813
43$832,698$668,310$624,825$848,063
44$878,982$662,406$607,105$880,311
45$928,770$654,995$587,575$914,750
46$982,380$645,966$566,134$951,592
47$1,040,163$635,198$542,680$991,074
48$1,102,504$622,567$517,104$1,033,455
49$1,169,825$607,938$489,292$1,079,023
50$1,242,591$591,171$459,127$1,128,095
51$1,321,312$572,116$426,486$1,181,023
52$1,406,551$550,614$391,238$1,238,194
53$1,498,923$526,499$353,248$1,300,037
54$1,599,108$499,592$312,377$1,367,025
55$1,707,852$469,706$268,476$1,439,681
56$1,825,975$436,644$221,392$1,518,583
57$1,954,380$400,195$170,965$1,604,369
58$2,094,060$360,138$117,025$1,697,744
59$2,246,108$316,239$59,400$1,799,486
60$2,411,727$268,250$0$1,910,454
61$2,592,239$215,910$0$2,031,912
62$2,789,100$158,943$0$2,174,084
63$3,003,913$97,056$0$2,329,275
64$3,238,442$29,942$0$2,498,793
65$3,494,630$0$0$2,684,082
66$3,774,613$0$0$2,894,256
67$4,080,746$0$0$3,129,856
68$4,415,620$0$0$3,387,610
69$4,782,089$0$0$3,669,718
70$5,183,293$0$0$3,978,602
71$5,622,693$0$0$4,316,932
72$6,104,099$0$0$4,687,646
73$6,631,707$0$0$5,093,980
74$7,210,139$0$0$5,539,498
75$7,844,483$0$0$6,028,125
76$8,540,347$0$0$6,564,186
77$9,303,903$0$0$7,152,443
78$10,141,954$0$0$7,798,141
79$11,061,992$0$0$8,507,059
80$12,072,269$0$0$9,285,563
81$13,181,875$0$0$10,140,663
82$14,400,826$0$0$11,080,085
83$15,740,153$0$0$12,112,337
84$17,212,010$0$0$13,246,795
85$18,829,788$0$0$14,493,786
86$20,608,236$0$0$15,864,689
87$22,563,607$0$0$17,372,038
88$24,713,806$0$0$19,029,646
89$27,078,560$0$0$20,852,727
90$29,679,603$0$0$22,858,048
91$32,540,881$0$0$25,064,079
92$35,688,780$0$0$27,491,172
93$39,152,370$0$0$30,161,752
94$42,963,680$0$0$33,100,525
95$47,158,004$0$0$36,334,714
96$51,774,228$0$0$39,894,316
97$56,855,199$0$0$43,812,380
98$62,448,129$0$0$48,125,327
99$68,605,040$0$0$52,873,282
100$75,383,252$0$0$58,100,462