Can I retire at age 40 with 643,000?

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 $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%19.3%
1 years$53,098$52,625$52,164$51,714$51,274$49,356
2 years$26,286$25,797$25,322$24,862$24,416$22,506
3 years$17,350$16,858$16,385$15,929$15,491$13,649
4 years$12,883$12,393$11,924$11,476$11,048$9,288
5 years$10,203$9,716$9,254$8,815$8,399$6,724
6 years$8,417$7,934$7,478$7,049$6,645$5,059
7 years$7,142$6,663$6,215$5,796$5,405$3,905
8 years$6,186$5,711$5,270$4,862$4,484$3,070
9 years$5,443$4,973$4,539$4,141$3,776$2,446
10 years$4,849$4,383$3,958$3,570$3,217$1,968
11 years$4,364$3,902$3,484$3,107$2,767$1,596
12 years$3,959$3,502$3,092$2,725$2,398$1,303
13 years$3,617$3,165$2,763$2,406$2,091$1,068
14 years$3,324$2,877$2,482$2,136$1,833$880
15 years$3,070$2,628$2,241$1,905$1,614$726
16 years$2,849$2,411$2,032$1,705$1,426$602
17 years$2,653$2,221$1,849$1,532$1,265$499
18 years$2,480$2,052$1,688$1,381$1,124$415
19 years$2,325$1,902$1,545$1,248$1,002$345
20 years$2,185$1,767$1,418$1,130$895$288
21 years$2,059$1,646$1,304$1,026$801$240
22 years$1,945$1,537$1,202$933$718$200
23 years$1,841$1,437$1,110$849$645$167
24 years$1,745$1,347$1,027$775$579$140
25 years$1,658$1,264$951$707$521$117
26 years$1,577$1,188$882$647$470$98
27 years$1,502$1,118$819$592$423$82
28 years$1,433$1,053$761$542$382$69
29 years$1,369$994$708$497$345$57
30 years$1,309$938$660$456$312$48
31 years$1,253$887$615$419$282$40
32 years$1,201$839$574$385$255$34
33 years$1,152$795$536$354$231$28
34 years$1,105$753$501$326$209$24
35 years$1,062$715$468$300$189$20
36 years$1,021$678$438$276$171$17
37 years$983$644$410$255$155$14
38 years$946$612$384$235$141$12
39 years$912$582$360$216$128$10
40 years$879$554$337$200$116$8
41 years$848$527$316$184$105$7
42 years$819$502$296$170$95$6
43 years$791$478$278$157$87$5
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 $6,153 every year, while hoping to spend $20,297 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: 51/19/30 Blend
39$643,000$643,000$643,000$643,000
40$714,933$680,854$670,887$745,063
41$766,260$692,620$671,766$778,522
42$822,143$704,282$671,994$812,373
43$883,023$715,814$671,528$848,793
44$949,390$727,187$670,323$888,037
45$1,021,780$738,371$668,330$930,386
46$1,100,783$749,333$665,501$976,150
47$1,187,050$760,038$661,783$1,025,671
48$1,281,297$770,447$657,120$1,079,328
49$1,384,312$780,522$651,457$1,137,536
50$1,496,962$790,218$644,731$1,200,758
51$1,620,204$799,491$636,881$1,269,501
52$1,755,089$808,290$627,841$1,344,325
53$1,902,775$816,563$617,540$1,425,852
54$2,064,538$824,255$605,908$1,514,763
55$2,241,783$831,305$592,868$1,611,813
56$2,436,057$837,651$578,341$1,717,834
57$2,649,063$843,224$562,244$1,833,745
58$2,882,679$847,954$544,490$1,960,560
59$3,138,971$851,762$524,989$2,099,396
60$3,420,216$854,568$503,647$2,251,488
61$3,728,921$856,286$480,362$2,418,197
62$4,067,850$856,822$455,033$2,601,026
63$4,440,044$856,081$427,551$2,801,631
64$4,848,857$853,957$397,801$3,021,841
65$5,297,980$850,340$365,668$3,263,672
66$5,791,482$845,115$331,025$3,529,350
67$6,333,844$838,156$293,745$3,821,328
68$6,930,003$829,333$253,693$4,142,313
69$7,585,398$818,505$210,727$4,495,291
70$8,306,023$805,526$164,700$4,883,555
71$9,098,480$790,239$115,460$5,310,737
72$9,970,042$772,478$62,845$5,780,842
73$10,928,724$752,067$6,688$6,298,288
74$11,983,356$728,821$0$6,867,947
75$13,143,668$702,543$0$7,512,233
76$14,420,380$673,025$0$8,223,421
77$15,825,301$640,046$0$9,005,961
78$17,371,447$603,373$0$9,867,121
79$19,073,156$562,760$0$10,814,910
80$20,946,230$517,947$0$11,858,155
81$23,008,076$468,657$0$13,006,586
82$25,277,879$414,601$0$14,270,925
83$27,776,776$355,469$0$15,662,990
84$30,528,057$290,937$0$17,195,806
85$33,557,388$220,662$0$18,883,728
86$36,893,048$144,281$0$20,742,577
87$40,566,198$61,410$0$22,789,788
88$44,611,177$0$0$25,044,580
89$49,065,821$0$0$27,534,060
90$53,971,824$0$0$30,290,011
91$59,375,130$0$0$33,325,416
92$65,326,367$0$0$36,668,725
93$71,881,321$0$0$40,351,291
94$79,101,467$0$0$44,407,663
95$87,054,549$0$0$48,875,912
96$95,815,214$0$0$53,797,991
97$105,465,721$0$0$59,220,129
98$116,096,717$0$0$65,193,269
99$127,808,090$0$0$71,773,550
100$140,709,912$0$0$79,022,831