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%18.6%
1 years$54,915$54,426$53,949$53,483$53,028$51,187
2 years$27,186$26,679$26,189$25,713$25,251$23,416
3 years$17,944$17,435$16,946$16,475$16,021$14,248
4 years$13,324$12,817$12,332$11,869$11,426$9,730
5 years$10,552$10,049$9,570$9,117$8,686$7,071
6 years$8,705$8,205$7,734$7,291$6,873$5,340
7 years$7,387$6,891$6,427$5,994$5,589$4,138
8 years$6,398$5,907$5,451$5,028$4,637$3,267
9 years$5,630$5,143$4,695$4,283$3,905$2,614
10 years$5,015$4,533$4,093$3,692$3,327$2,113
11 years$4,513$4,036$3,603$3,213$2,862$1,722
12 years$4,094$3,622$3,198$2,818$2,480$1,412
13 years$3,741$3,273$2,857$2,488$2,162$1,163
14 years$3,438$2,975$2,567$2,209$1,896$962
15 years$3,175$2,718$2,318$1,970$1,669$799
16 years$2,946$2,494$2,101$1,764$1,475$665
17 years$2,744$2,297$1,912$1,585$1,308$554
18 years$2,565$2,122$1,746$1,428$1,163$463
19 years$2,404$1,967$1,598$1,290$1,037$388
20 years$2,260$1,828$1,467$1,169$926$325
21 years$2,130$1,702$1,349$1,061$829$272
22 years$2,012$1,589$1,243$964$743$229
23 years$1,904$1,486$1,148$878$667$192
24 years$1,805$1,393$1,062$801$599$161
25 years$1,714$1,307$983$732$539$136
26 years$1,631$1,228$912$669$486$114
27 years$1,554$1,156$847$612$438$96
28 years$1,482$1,089$787$561$395$81
29 years$1,416$1,028$733$514$357$68
30 years$1,354$970$682$472$322$57
31 years$1,296$917$636$434$291$48
32 years$1,242$868$594$398$264$41
33 years$1,191$822$554$366$239$34
34 years$1,143$779$518$337$216$29
35 years$1,098$739$484$310$196$24
36 years$1,056$701$453$286$177$21
37 years$1,016$666$424$263$161$17
38 years$979$633$397$243$146$15
39 years$943$602$372$224$132$12
40 years$909$573$349$206$120$10
41 years$877$545$327$190$109$9
42 years$847$519$307$176$99$7
43 years$818$495$288$162$90$6
44 years$790$472$270$150$81$5
45 years$764$450$254$138$74$4
46 years$739$429$238$128$67$4
47 years$715$409$224$118$61$3
48 years$692$391$210$109$55$3
49 years$670$373$198$101$50$2
50 years$649$357$186$93$46$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $665,000, adding $5,352 every year, while hoping to spend $25,144 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: 64/11/25 Blend
39$665,000$665,000$665,000$665,000
40$738,351$703,106$692,798$780,441
41$786,909$710,805$689,254$817,212
42$839,578$718,038$684,748$854,095
43$896,750$724,757$679,222$893,834
44$958,857$730,909$672,614$936,710
45$1,026,374$736,437$664,860$983,036
46$1,099,824$741,282$655,893$1,033,156
47$1,179,781$745,380$645,640$1,087,450
48$1,266,879$748,664$634,030$1,146,338
49$1,361,814$751,061$620,983$1,210,282
50$1,465,352$752,497$606,419$1,279,793
51$1,578,337$752,888$590,253$1,355,436
52$1,701,697$752,149$572,397$1,437,831
53$1,836,455$750,189$552,757$1,527,666
54$1,983,736$746,911$531,236$1,625,698
55$2,144,777$742,210$507,733$1,732,762
56$2,320,945$735,978$482,142$1,849,781
57$2,513,739$728,099$454,352$1,977,772
58$2,724,814$718,450$424,246$2,117,856
59$2,955,991$706,900$391,704$2,271,273
60$3,209,275$693,311$356,600$2,439,387
61$3,486,875$677,537$318,800$2,623,707
62$3,791,224$659,424$278,167$2,825,893
63$4,124,999$638,806$234,556$3,047,779
64$4,491,153$615,511$187,817$3,291,387
65$4,892,934$589,355$137,793$3,558,948
66$5,333,923$560,143$84,318$3,852,921
67$5,818,063$527,670$27,223$4,176,021
68$6,349,698$491,718$0$4,531,239
69$6,933,612$452,058$0$4,930,868
70$7,575,078$408,446$0$5,377,888
71$8,279,901$360,625$0$5,869,097
72$9,054,480$308,324$0$6,408,973
73$9,905,862$251,257$0$7,002,456
74$10,841,811$189,120$0$7,654,984
75$11,870,882$121,593$0$8,372,555
76$13,002,499$48,338$0$9,161,775
77$14,247,046$0$0$10,029,926
78$15,615,962$0$0$10,988,786
79$17,121,854$0$0$12,050,079
80$18,778,607$0$0$13,217,747
81$20,601,525$0$0$14,502,582
82$22,607,467$0$0$15,916,474
83$24,815,009$0$0$17,472,524
84$27,244,621$0$0$19,185,166
85$29,918,855$0$0$21,070,307
86$32,862,562$0$0$23,145,473
87$36,103,124$0$0$25,429,974
88$39,670,715$0$0$27,945,090
89$43,598,579$0$0$30,714,267
90$47,923,352$0$0$33,763,342
91$52,685,399$0$0$37,120,784
92$57,929,202$0$0$40,817,962
93$63,703,774$0$0$44,889,444
94$70,063,125$0$0$49,373,322
95$77,066,769$0$0$54,311,567
96$84,780,287$0$0$59,750,431
97$93,275,945$0$0$65,740,881
98$102,633,373$0$0$72,339,077
99$112,940,322$0$0$79,606,908
100$124,293,488$0$0$87,612,568