Can I retire at age 40 with 652,000?

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 $652,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$53,842$53,362$52,894$52,437$51,991$50,127
2 years$26,654$26,158$25,677$25,210$24,758$22,899
3 years$17,593$17,094$16,615$16,152$15,707$13,914
4 years$13,063$12,566$12,091$11,637$11,203$9,487
5 years$10,346$9,852$9,383$8,938$8,516$6,883
6 years$8,535$8,045$7,583$7,148$6,738$5,190
7 years$7,242$6,756$6,302$5,877$5,480$4,015
8 years$6,273$5,791$5,344$4,930$4,546$3,164
9 years$5,520$5,042$4,603$4,199$3,829$2,527
10 years$4,917$4,445$4,013$3,620$3,262$2,039
11 years$4,425$3,957$3,533$3,150$2,806$1,658
12 years$4,014$3,551$3,135$2,763$2,431$1,357
13 years$3,668$3,209$2,801$2,439$2,120$1,116
14 years$3,371$2,917$2,517$2,165$1,858$921
15 years$3,113$2,665$2,272$1,931$1,636$763
16 years$2,889$2,445$2,060$1,729$1,446$633
17 years$2,690$2,252$1,875$1,554$1,282$527
18 years$2,515$2,081$1,711$1,400$1,140$439
19 years$2,357$1,928$1,567$1,265$1,016$367
20 years$2,216$1,792$1,438$1,146$908$307
21 years$2,088$1,669$1,323$1,040$812$257
22 years$1,972$1,558$1,219$946$728$215
23 years$1,867$1,457$1,126$861$654$180
24 years$1,770$1,365$1,041$785$587$151
25 years$1,681$1,281$964$717$529$127
26 years$1,599$1,204$894$656$476$106
27 years$1,523$1,133$830$600$429$89
28 years$1,453$1,068$772$550$387$75
29 years$1,388$1,007$718$504$350$63
30 years$1,327$951$669$463$316$53
31 years$1,270$899$624$425$286$44
32 years$1,217$851$582$391$258$37
33 years$1,168$806$543$359$234$31
34 years$1,121$764$508$331$212$26
35 years$1,077$725$475$304$192$22
36 years$1,036$688$444$280$174$19
37 years$996$653$416$258$158$16
38 years$959$621$389$238$143$13
39 years$925$590$365$219$130$11
40 years$891$562$342$202$117$9
41 years$860$535$320$187$107$8
42 years$830$509$301$172$97$7
43 years$802$485$282$159$88$6
44 years$775$462$265$147$80$5
45 years$749$441$249$136$72$4
46 years$724$421$234$125$66$3
47 years$701$401$219$116$60$3
48 years$679$383$206$107$54$2
49 years$657$366$194$99$49$2
50 years$637$350$182$91$45$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $652,000, adding $2,241 every year, while hoping to spend $29,890 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: 71/17/12 Blend
39$652,000$652,000$652,000$652,000
40$720,816$686,260$676,154$770,022
41$762,536$688,084$667,002$804,747
42$807,510$688,995$656,542$838,886
43$856,038$688,918$644,698$875,460
44$908,451$687,771$631,392$914,704
45$965,109$685,469$616,540$956,876
46$1,026,413$681,920$600,057$1,002,260
47$1,092,800$677,026$581,852$1,051,171
48$1,164,752$670,687$561,830$1,103,957
49$1,242,798$662,792$539,893$1,160,998
50$1,327,521$653,227$515,937$1,222,719
51$1,419,562$641,868$489,854$1,289,586
52$1,519,624$628,587$461,532$1,362,111
53$1,628,484$613,245$430,851$1,440,864
54$1,746,994$595,699$397,689$1,526,470
55$1,876,093$575,794$361,917$1,619,620
56$2,016,813$553,367$323,400$1,721,078
57$2,170,292$528,245$281,998$1,831,683
58$2,337,780$500,248$237,563$1,952,365
59$2,520,654$469,181$189,943$2,084,147
60$2,720,431$434,841$138,976$2,228,161
61$2,938,780$397,013$84,496$2,385,651
62$3,177,537$355,468$26,328$2,557,995
63$3,438,726$309,966$0$2,746,709
64$3,724,574$260,252$0$2,958,045
65$4,037,534$206,059$0$3,193,166
66$4,380,308$147,101$0$3,450,763
67$4,755,869$83,078$0$3,733,107
68$5,167,494$13,675$0$4,042,705
69$5,618,790$0$0$4,382,321
70$6,113,730$0$0$4,766,495
71$6,656,693$0$0$5,190,784
72$7,252,497$0$0$5,656,401
73$7,906,453$0$0$6,167,499
74$8,624,410$0$0$6,728,655
75$9,412,811$0$0$7,344,909
76$10,278,753$0$0$8,021,814
77$11,230,055$0$0$8,765,486
78$12,275,330$0$0$9,582,665
79$13,424,068$0$0$10,480,773
80$14,686,721$0$0$11,467,990
81$16,074,807$0$0$12,553,325
82$17,601,013$0$0$13,746,706
83$19,279,320$0$0$15,059,070
84$21,125,129$0$0$16,502,466
85$23,155,410$0$0$18,090,170
86$25,388,857$0$0$19,836,811
87$27,846,071$0$0$21,758,505
88$30,549,749$0$0$23,873,009
89$33,524,899$0$0$26,199,889
90$36,799,074$0$0$28,760,704
91$40,402,637$0$0$31,579,207
92$44,369,040$0$0$34,681,572
93$48,735,144$0$0$38,096,639
94$53,541,565$0$0$41,856,186
95$58,833,057$0$0$45,995,227
96$64,658,935$0$0$50,552,347
97$71,073,536$0$0$55,570,059
98$78,136,738$0$0$61,095,212
99$85,914,518$0$0$67,179,425
100$94,479,578$0$0$73,879,583