Can I retire at age 40 with 679,000?

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 $679,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$56,071$55,572$55,084$54,609$54,144$52,835
2 years$27,758$27,241$26,740$26,254$25,783$24,472
3 years$18,322$17,802$17,303$16,821$16,358$15,086
4 years$13,604$13,087$12,592$12,119$11,667$10,444
5 years$10,775$10,260$9,772$9,308$8,869$7,698
6 years$8,889$8,378$7,897$7,444$7,018$5,900
7 years$7,542$7,036$6,562$6,120$5,707$4,643
8 years$6,533$6,031$5,566$5,134$4,735$3,724
9 years$5,748$5,251$4,794$4,373$3,987$3,029
10 years$5,121$4,629$4,179$3,770$3,397$2,490
11 years$4,608$4,121$3,679$3,281$2,922$2,065
12 years$4,181$3,698$3,265$2,878$2,532$1,723
13 years$3,819$3,342$2,917$2,541$2,208$1,446
14 years$3,510$3,038$2,621$2,255$1,935$1,219
15 years$3,242$2,775$2,367$2,011$1,704$1,031
16 years$3,008$2,546$2,146$1,801$1,506$875
17 years$2,802$2,345$1,952$1,618$1,335$744
18 years$2,619$2,167$1,782$1,458$1,187$635
19 years$2,455$2,008$1,632$1,318$1,058$542
20 years$2,308$1,866$1,497$1,193$945$463
21 years$2,175$1,738$1,377$1,083$846$397
22 years$2,054$1,623$1,269$985$758$340
23 years$1,944$1,518$1,172$897$681$292
24 years$1,843$1,422$1,084$818$612$251
25 years$1,751$1,334$1,004$747$551$215
26 years$1,665$1,254$931$683$496$185
27 years$1,586$1,180$865$625$447$159
28 years$1,513$1,112$804$573$403$137
29 years$1,445$1,049$748$525$364$118
30 years$1,382$991$697$482$329$102
31 years$1,323$937$650$443$298$88
32 years$1,268$886$606$407$269$75
33 years$1,216$839$566$374$244$65
34 years$1,167$795$529$344$221$56
35 years$1,122$755$494$317$200$48
36 years$1,078$716$462$292$181$42
37 years$1,038$680$433$269$164$36
38 years$999$646$405$248$149$31
39 years$963$615$380$229$135$27
40 years$928$585$356$211$122$23
41 years$896$557$334$194$111$20
42 years$864$530$313$179$101$17
43 years$835$505$294$166$91$15
44 years$807$482$276$153$83$13
45 years$780$459$259$141$75$11
46 years$754$438$243$131$68$9
47 years$730$418$228$121$62$8
48 years$707$399$215$111$56$7
49 years$684$381$202$103$51$6
50 years$663$364$190$95$47$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $679,000, adding $6,149 every year, while hoping to spend $33,868 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: 36/42/22 Blend
39$679,000$679,000$679,000$679,000
40$754,601$718,614$708,089$776,560
41$795,535$717,790$695,775$792,377
42$839,509$715,792$681,913$805,864
43$886,797$712,524$666,416$819,737
44$937,702$707,889$649,192$834,051
45$992,553$701,781$630,145$848,870
46$1,051,713$694,088$609,175$864,266
47$1,115,582$684,693$586,177$880,322
48$1,184,599$673,470$561,041$897,131
49$1,259,245$660,288$533,653$914,801
50$1,340,051$645,004$503,893$933,451
51$1,427,597$627,471$471,635$953,221
52$1,522,526$607,531$436,748$974,264
53$1,625,541$585,017$399,097$996,755
54$1,737,417$559,753$358,537$1,020,892
55$1,859,005$531,552$314,919$1,046,896
56$1,991,242$500,218$268,088$1,075,018
57$2,135,161$465,540$217,881$1,105,536
58$2,291,894$427,299$164,127$1,138,765
59$2,462,692$385,261$106,649$1,175,059
60$2,648,927$339,179$45,263$1,214,810
61$2,852,111$288,793$0$1,258,460
62$3,073,910$233,827$0$1,311,256
63$3,316,155$173,991$0$1,380,642
64$3,580,864$108,977$0$1,456,648
65$3,870,256$38,461$0$1,540,011
66$4,186,777$0$0$1,631,549
67$4,533,118$0$0$1,749,688
68$4,912,243$0$0$1,898,561
69$5,327,417$0$0$2,061,686
70$5,782,233$0$0$2,240,489
71$6,280,651$0$0$2,436,538
72$6,827,029$0$0$2,651,561
73$7,426,169$0$0$2,887,460
74$8,083,358$0$0$3,146,333
75$8,804,422$0$0$3,430,488
76$9,595,777$0$0$3,742,468
77$10,464,488$0$0$4,085,076
78$11,418,341$0$0$4,461,397
79$12,465,912$0$0$4,874,832
80$13,616,645$0$0$5,329,126
81$14,880,949$0$0$5,828,405
82$16,270,287$0$0$6,377,216
83$17,797,289$0$0$6,980,566
84$19,475,870$0$0$7,643,973
85$21,321,358$0$0$8,373,516
86$23,350,644$0$0$9,175,894
87$25,582,333$0$0$10,058,485
88$28,036,927$0$0$11,029,419
89$30,737,013$0$0$12,097,656
90$33,707,478$0$0$13,273,064
91$36,975,742$0$0$14,566,520
92$40,572,018$0$0$15,990,006
93$44,529,593$0$0$17,556,725
94$48,885,146$0$0$19,281,225
95$53,679,093$0$0$21,179,536
96$58,955,963$0$0$23,269,320
97$64,764,824$0$0$25,570,042
98$71,159,743$0$0$28,103,145
99$78,200,294$0$0$30,892,261
100$85,952,122$0$0$33,963,428