Can I retire at age 40 with 663,000?

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 $663,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$54,750$54,262$53,786$53,322$52,869$52,426
2 years$27,104$26,599$26,110$25,636$25,176$24,729
3 years$17,890$17,383$16,895$16,425$15,972$15,536
4 years$13,284$12,778$12,295$11,833$11,392$10,969
5 years$10,521$10,018$9,542$9,089$8,660$8,252
6 years$8,679$8,181$7,711$7,269$6,852$6,460
7 years$7,365$6,870$6,408$5,976$5,573$5,196
8 years$6,379$5,889$5,434$5,013$4,623$4,262
9 years$5,613$5,127$4,681$4,270$3,893$3,548
10 years$5,000$4,520$4,081$3,681$3,317$2,987
11 years$4,499$4,023$3,593$3,203$2,853$2,538
12 years$4,082$3,611$3,188$2,810$2,472$2,172
13 years$3,729$3,264$2,849$2,481$2,156$1,870
14 years$3,427$2,966$2,559$2,202$1,890$1,618
15 years$3,166$2,710$2,311$1,964$1,664$1,406
16 years$2,937$2,486$2,095$1,758$1,471$1,226
17 years$2,736$2,290$1,906$1,580$1,304$1,072
18 years$2,557$2,116$1,740$1,424$1,159$940
19 years$2,397$1,961$1,593$1,287$1,033$826
20 years$2,253$1,822$1,462$1,165$923$728
21 years$2,123$1,697$1,345$1,057$826$642
22 years$2,006$1,584$1,240$962$740$567
23 years$1,898$1,482$1,144$876$665$501
24 years$1,800$1,388$1,058$799$597$444
25 years$1,709$1,303$980$729$538$393
26 years$1,626$1,225$909$667$484$349
27 years$1,549$1,152$844$610$437$310
28 years$1,478$1,086$785$559$394$275
29 years$1,411$1,024$730$513$356$244
30 years$1,350$968$680$471$321$217
31 years$1,292$915$634$432$291$193
32 years$1,238$865$592$397$263$172
33 years$1,187$820$553$365$238$153
34 years$1,140$777$516$336$215$136
35 years$1,095$737$483$309$195$121
36 years$1,053$699$452$285$177$108
37 years$1,013$664$423$263$160$96
38 years$976$631$396$242$145$86
39 years$940$600$371$223$132$77
40 years$906$571$348$206$119$68
41 years$874$544$326$190$108$61
42 years$844$518$306$175$98$54
43 years$815$493$287$162$89$48
44 years$788$470$269$149$81$43
45 years$762$448$253$138$74$39
46 years$737$428$237$127$67$34
47 years$713$408$223$118$61$31
48 years$690$390$210$109$55$27
49 years$668$372$197$101$50$24
50 years$647$355$185$93$45$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $663,000, adding $5,600 every year, while hoping to spend $26,703 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: 73/6/21 Blend
39$663,000$663,000$663,000$663,000
40$736,402$701,263$690,987$786,024
41$783,104$707,214$685,723$825,712
42$833,673$712,560$679,388$865,431
43$888,478$717,246$671,918$908,271
44$947,921$721,209$663,245$954,538
45$1,012,444$724,383$653,299$1,004,568
46$1,082,536$726,701$642,007$1,058,735
47$1,158,732$728,086$629,292$1,117,447
48$1,241,622$728,462$615,072$1,181,158
49$1,331,855$727,744$599,264$1,250,364
50$1,430,145$725,844$581,780$1,325,617
51$1,537,276$722,667$562,527$1,407,521
52$1,654,115$718,115$541,408$1,496,747
53$1,781,613$712,080$518,324$1,594,030
54$1,920,817$704,452$493,167$1,700,184
55$2,072,881$695,110$465,828$1,816,104
56$2,239,073$683,929$436,192$1,942,780
57$2,420,792$670,775$404,138$2,081,301
58$2,619,576$655,506$369,540$2,232,869
59$2,837,120$637,973$332,266$2,398,809
60$3,075,289$618,017$292,180$2,580,583
61$3,336,138$595,469$249,138$2,779,801
62$3,621,930$570,153$202,990$2,998,240
63$3,935,156$541,879$153,579$3,237,859
64$4,278,560$510,450$100,742$3,500,818
65$4,655,165$475,653$44,309$3,789,498
66$5,068,300$437,268$0$4,106,524
67$5,521,631$395,059$0$4,458,358
68$6,019,198$348,777$0$4,855,452
69$6,565,448$298,160$0$5,291,429
70$7,165,283$242,929$0$5,770,213
71$7,824,102$182,792$0$6,296,130
72$8,547,851$117,440$0$6,873,942
73$9,343,081$46,544$0$7,508,901
74$10,217,011$0$0$8,206,789
75$11,177,591$0$0$8,975,977
76$12,233,581$0$0$9,824,977
77$13,394,632$0$0$10,758,478
78$14,671,376$0$0$11,785,033
79$16,075,530$0$0$12,914,067
80$17,619,998$0$0$14,155,961
81$19,319,003$0$0$15,522,156
82$21,188,211$0$0$17,025,254
83$23,244,887$0$0$18,679,144
84$25,508,052$0$0$20,499,125
85$27,998,663$0$0$22,502,058
86$30,739,813$0$0$24,706,519
87$33,756,947$0$0$27,132,976
88$37,078,101$0$0$29,803,983
89$40,734,169$0$0$32,744,391
90$44,759,189$0$0$35,981,584
91$49,190,671$0$0$39,545,734
92$54,069,945$0$0$43,470,089
93$59,442,552$0$0$47,791,285
94$65,358,675$0$0$52,549,692
95$71,873,612$0$0$57,789,792
96$79,048,295$0$0$63,560,604
97$86,949,869$0$0$69,916,140
98$95,652,320$0$0$76,915,921
99$105,237,179$0$0$84,625,531
100$115,794,286$0$0$93,117,244