Can I retire at age 40 with 665,000?

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 $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%11.2%
1 years$54,915$54,426$53,949$53,483$53,028$52,760
2 years$27,186$26,679$26,189$25,713$25,251$24,981
3 years$17,944$17,435$16,946$16,475$16,021$15,756
4 years$13,324$12,817$12,332$11,869$11,426$11,170
5 years$10,552$10,049$9,570$9,117$8,686$8,438
6 years$8,705$8,205$7,734$7,291$6,873$6,634
7 years$7,387$6,891$6,427$5,994$5,589$5,360
8 years$6,398$5,907$5,451$5,028$4,637$4,417
9 years$5,630$5,143$4,695$4,283$3,905$3,694
10 years$5,015$4,533$4,093$3,692$3,327$3,125
11 years$4,513$4,036$3,603$3,213$2,862$2,668
12 years$4,094$3,622$3,198$2,818$2,480$2,295
13 years$3,741$3,273$2,857$2,488$2,162$1,986
14 years$3,438$2,975$2,567$2,209$1,896$1,728
15 years$3,175$2,718$2,318$1,970$1,669$1,509
16 years$2,946$2,494$2,101$1,764$1,475$1,323
17 years$2,744$2,297$1,912$1,585$1,308$1,164
18 years$2,565$2,122$1,746$1,428$1,163$1,026
19 years$2,404$1,967$1,598$1,290$1,037$907
20 years$2,260$1,828$1,467$1,169$926$803
21 years$2,130$1,702$1,349$1,061$829$712
22 years$2,012$1,589$1,243$964$743$633
23 years$1,904$1,486$1,148$878$667$563
24 years$1,805$1,393$1,062$801$599$502
25 years$1,714$1,307$983$732$539$447
26 years$1,631$1,228$912$669$486$399
27 years$1,554$1,156$847$612$438$357
28 years$1,482$1,089$787$561$395$319
29 years$1,416$1,028$733$514$357$285
30 years$1,354$970$682$472$322$255
31 years$1,296$917$636$434$291$228
32 years$1,242$868$594$398$264$205
33 years$1,191$822$554$366$239$183
34 years$1,143$779$518$337$216$164
35 years$1,098$739$484$310$196$147
36 years$1,056$701$453$286$177$132
37 years$1,016$666$424$263$161$119
38 years$979$633$397$243$146$106
39 years$943$602$372$224$132$96
40 years$909$573$349$206$120$86
41 years$877$545$327$190$109$77
42 years$847$519$307$176$99$69
43 years$818$495$288$162$90$62
44 years$790$472$270$150$81$56
45 years$764$450$254$138$74$50
46 years$739$429$238$128$67$45
47 years$715$409$224$118$61$41
48 years$692$391$210$109$55$36
49 years$670$373$198$101$50$33
50 years$649$357$186$93$46$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $665,000, adding $5,759 every year, while hoping to spend $42,013 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: 69/21/10 Blend
39$665,000$665,000$665,000$665,000
40$738,770$703,525$693,218$787,871
41$769,423$693,297$671,739$810,961
42$801,795$681,159$648,133$830,580
43$836,016$666,973$622,283$850,927
44$872,229$650,595$594,069$872,065
45$910,591$631,868$563,365$894,065
46$951,272$610,630$530,038$917,009
47$994,458$586,707$493,950$940,985
48$1,040,352$559,915$454,958$966,093
49$1,089,178$530,062$412,909$992,444
50$1,141,180$496,940$367,647$1,020,163
51$1,196,625$460,335$319,008$1,049,388
52$1,255,805$420,015$266,819$1,080,273
53$1,319,041$375,740$210,901$1,112,990
54$1,386,683$327,251$151,066$1,147,730
55$1,459,118$274,280$87,120$1,184,707
56$1,536,768$216,539$18,859$1,224,159
57$1,620,096$153,727$0$1,266,348
58$1,709,610$85,524$0$1,317,329
59$1,805,869$11,594$0$1,374,191
60$1,909,486$0$0$1,435,305
61$2,021,133$0$0$1,516,912
62$2,141,550$0$0$1,607,847
63$2,271,549$0$0$1,706,049
64$2,412,022$0$0$1,812,194
65$2,563,949$0$0$1,927,028
66$2,728,409$0$0$2,051,370
67$2,906,587$0$0$2,186,120
68$3,099,784$0$0$2,332,268
69$3,309,435$0$0$2,490,902
70$3,537,115$0$0$2,663,221
71$3,784,556$0$0$2,850,541
72$4,053,667$0$0$3,054,312
73$4,346,543$0$0$3,276,127
74$4,665,495$0$0$3,517,741
75$5,013,060$0$0$3,781,084
76$5,392,036$0$0$4,068,281
77$5,805,498$0$0$4,381,670
78$6,256,832$0$0$4,723,825
79$6,749,767$0$0$5,097,580
80$7,288,405$0$0$5,506,053
81$7,877,265$0$0$5,952,679
82$8,521,319$0$0$6,441,239
83$9,226,045$0$0$6,975,895
84$9,997,473$0$0$7,561,232
85$10,842,243$0$0$8,202,298
86$11,767,669$0$0$8,904,652
87$12,781,802$0$0$9,674,417
88$13,893,513$0$0$10,518,334
89$15,112,569$0$0$11,443,831
90$16,449,729$0$0$12,459,085
91$17,916,844$0$0$13,573,108
92$19,526,965$0$0$14,795,821
93$21,294,471$0$0$16,138,156
94$23,235,198$0$0$17,612,154
95$25,366,594$0$0$19,231,079
96$27,707,876$0$0$21,009,542
97$30,280,216$0$0$22,963,640
98$33,106,939$0$0$25,111,107
99$36,213,739$0$0$27,471,479
100$39,628,923$0$0$30,066,279