Can I retire at age 40 with 665,000?

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 $665,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$54,915$54,426$53,949$53,483$53,028$52,474
2 years$27,186$26,679$26,189$25,713$25,251$24,694
3 years$17,944$17,435$16,946$16,475$16,021$15,476
4 years$13,324$12,817$12,332$11,869$11,426$10,899
5 years$10,552$10,049$9,570$9,117$8,686$8,178
6 years$8,705$8,205$7,734$7,291$6,873$6,385
7 years$7,387$6,891$6,427$5,994$5,589$5,122
8 years$6,398$5,907$5,451$5,028$4,637$4,189
9 years$5,630$5,143$4,695$4,283$3,905$3,477
10 years$5,015$4,533$4,093$3,692$3,327$2,919
11 years$4,513$4,036$3,603$3,213$2,862$2,472
12 years$4,094$3,622$3,198$2,818$2,480$2,109
13 years$3,741$3,273$2,857$2,488$2,162$1,810
14 years$3,438$2,975$2,567$2,209$1,896$1,561
15 years$3,175$2,718$2,318$1,970$1,669$1,352
16 years$2,946$2,494$2,101$1,764$1,475$1,175
17 years$2,744$2,297$1,912$1,585$1,308$1,024
18 years$2,565$2,122$1,746$1,428$1,163$895
19 years$2,404$1,967$1,598$1,290$1,037$783
20 years$2,260$1,828$1,467$1,169$926$687
21 years$2,130$1,702$1,349$1,061$829$604
22 years$2,012$1,589$1,243$964$743$531
23 years$1,904$1,486$1,148$878$667$468
24 years$1,805$1,393$1,062$801$599$413
25 years$1,714$1,307$983$732$539$364
26 years$1,631$1,228$912$669$486$322
27 years$1,554$1,156$847$612$438$285
28 years$1,482$1,089$787$561$395$252
29 years$1,416$1,028$733$514$357$223
30 years$1,354$970$682$472$322$197
31 years$1,296$917$636$434$291$175
32 years$1,242$868$594$398$264$155
33 years$1,191$822$554$366$239$137
34 years$1,143$779$518$337$216$122
35 years$1,098$739$484$310$196$108
36 years$1,056$701$453$286$177$96
37 years$1,016$666$424$263$161$85
38 years$979$633$397$243$146$76
39 years$943$602$372$224$132$67
40 years$909$573$349$206$120$60
41 years$877$545$327$190$109$53
42 years$847$519$307$176$99$47
43 years$818$495$288$162$90$42
44 years$790$472$270$150$81$37
45 years$764$450$254$138$74$33
46 years$739$429$238$128$67$29
47 years$715$409$224$118$61$26
48 years$692$391$210$109$55$23
49 years$670$373$198$101$50$20
50 years$649$357$186$93$46$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $665,000, adding $3,425 every year, while hoping to spend $21,379 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: 40/43/17 Blend
39$665,000$665,000$665,000$665,000
40$736,363$701,118$690,810$761,975
41$788,725$712,726$691,205$792,137
42$845,711$724,186$690,897$822,420
43$907,771$735,468$689,840$854,730
44$975,398$746,541$687,984$889,260
45$1,049,138$757,370$685,280$926,227
46$1,129,587$767,918$681,674$965,868
47$1,217,405$778,147$677,111$1,008,447
48$1,313,318$788,013$671,532$1,054,254
49$1,418,124$797,473$664,875$1,103,610
50$1,532,701$806,478$657,077$1,156,870
51$1,658,019$814,977$648,071$1,214,425
52$1,795,141$822,916$637,786$1,276,709
53$1,945,242$830,236$626,149$1,344,198
54$2,109,614$836,874$613,082$1,417,422
55$2,289,680$842,766$598,505$1,496,964
56$2,487,006$847,840$582,334$1,583,468
57$2,703,318$852,022$564,479$1,677,645
58$2,940,517$855,232$544,850$1,780,281
59$3,200,697$857,385$523,350$1,892,244
60$3,486,163$858,392$499,876$2,014,491
61$3,799,454$858,156$474,325$2,148,082
62$4,143,369$856,576$446,586$2,294,183
63$4,520,989$853,544$416,542$2,454,085
64$4,935,708$848,947$384,075$2,629,211
65$5,391,267$842,661$349,058$2,821,133
66$5,891,784$834,560$311,359$3,031,585
67$6,441,798$824,505$270,842$3,262,482
68$7,046,309$812,353$227,363$3,515,938
69$7,710,824$797,950$180,771$3,794,286
70$8,441,412$781,134$130,911$4,100,099
71$9,244,759$761,733$77,620$4,436,219
72$10,128,231$739,564$20,726$4,805,781
73$11,099,943$714,435$0$5,212,243
74$12,168,836$686,141$0$5,666,676
75$13,344,762$654,467$0$6,170,521
76$14,638,576$619,184$0$6,724,697
77$16,062,238$580,051$0$7,334,366
78$17,628,924$536,811$0$8,005,220
79$19,353,155$489,196$0$8,743,540
80$21,250,930$436,919$0$9,556,246
81$23,339,875$379,679$0$10,450,974
82$25,639,415$317,156$0$11,436,142
83$28,170,954$249,015$0$12,521,031
84$30,958,073$174,898$0$13,715,876
85$34,026,759$94,431$0$15,031,962
86$37,405,646$7,216$0$16,481,733
87$41,126,287$0$0$18,078,906
88$45,223,449$0$0$19,879,852
89$49,735,443$0$0$21,867,018
90$54,704,486$0$0$24,055,596
91$60,177,096$0$0$26,466,091
92$66,204,534$0$0$29,121,097
93$72,843,286$0$0$32,045,510
94$80,155,596$0$0$35,266,766
95$88,210,054$0$0$38,815,098
96$97,082,243$0$0$42,723,820
97$106,855,449$0$0$47,029,643
98$117,621,453$0$0$51,773,022
99$129,481,393$0$0$56,998,536
100$142,546,716$0$0$62,755,310