Can I retire at age 40 with 681,000?

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 $681,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$56,236$55,735$55,247$54,770$54,304$52,545
2 years$27,840$27,321$26,819$26,332$25,859$24,103
3 years$18,375$17,855$17,354$16,871$16,406$14,708
4 years$13,644$13,125$12,629$12,155$11,701$10,075
5 years$10,806$10,290$9,801$9,336$8,895$7,345
6 years$8,915$8,403$7,920$7,466$7,038$5,565
7 years$7,564$7,057$6,582$6,138$5,724$4,328
8 years$6,552$6,049$5,582$5,149$4,749$3,428
9 years$5,765$5,267$4,808$4,386$3,999$2,753
10 years$5,136$4,642$4,191$3,781$3,407$2,234
11 years$4,621$4,133$3,690$3,290$2,930$1,827
12 years$4,193$3,709$3,275$2,886$2,539$1,504
13 years$3,831$3,352$2,926$2,548$2,214$1,245
14 years$3,521$3,047$2,629$2,262$1,941$1,034
15 years$3,252$2,783$2,374$2,017$1,709$862
16 years$3,017$2,554$2,152$1,806$1,511$720
17 years$2,810$2,352$1,958$1,623$1,339$603
18 years$2,626$2,173$1,788$1,462$1,191$507
19 years$2,462$2,014$1,636$1,321$1,061$426
20 years$2,315$1,872$1,502$1,197$948$358
21 years$2,181$1,743$1,381$1,086$848$302
22 years$2,060$1,627$1,273$988$761$255
23 years$1,950$1,522$1,176$899$683$215
24 years$1,849$1,426$1,087$820$614$182
25 years$1,756$1,338$1,007$749$552$153
26 years$1,670$1,258$934$685$497$130
27 years$1,591$1,184$867$627$448$110
28 years$1,518$1,115$806$574$405$93
29 years$1,450$1,052$750$527$365$78
30 years$1,386$994$699$483$330$66
31 years$1,327$939$651$444$298$56
32 years$1,272$889$608$408$270$48
33 years$1,220$842$568$375$244$40
34 years$1,171$798$530$345$221$34
35 years$1,125$757$496$318$200$29
36 years$1,082$718$464$293$182$25
37 years$1,041$682$434$270$165$21
38 years$1,002$648$407$249$149$18
39 years$966$616$381$229$135$15
40 years$931$587$357$211$123$13
41 years$898$558$335$195$111$11
42 years$867$532$314$180$101$9
43 years$837$507$295$166$92$8
44 years$809$483$277$153$83$7
45 years$782$461$260$142$76$6
46 years$757$439$244$131$69$5
47 years$732$419$229$121$62$4
48 years$709$400$215$112$57$3
49 years$686$382$202$103$51$3
50 years$665$365$190$95$47$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $681,000, adding $2,367 every year, while hoping to spend $21,771 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: 67/5/28 Blend
39$681,000$681,000$681,000$681,000
40$752,904$716,811$706,255$797,676
41$806,536$728,770$706,750$840,098
42$864,908$740,586$706,533$883,812
43$928,482$752,228$705,555$931,140
44$997,765$763,665$703,768$982,438
45$1,073,313$774,860$701,121$1,038,104
46$1,155,741$785,779$697,559$1,098,572
47$1,245,725$796,380$693,025$1,164,323
48$1,344,008$806,622$687,461$1,235,887
49$1,451,410$816,459$680,803$1,313,848
50$1,568,831$825,843$672,988$1,398,851
51$1,697,265$834,723$663,946$1,491,605
52$1,837,804$843,042$653,606$1,592,894
53$1,991,652$850,743$641,893$1,703,583
54$2,160,133$857,762$628,730$1,824,623
55$2,344,708$864,033$614,033$1,957,066
56$2,546,982$869,485$597,718$2,102,068
57$2,768,727$874,043$579,694$2,260,908
58$3,011,892$877,625$559,868$2,434,992
59$3,278,622$880,147$538,141$2,625,875
60$3,571,285$881,516$514,412$2,835,266
61$3,892,483$881,638$488,572$3,065,054
62$4,245,087$880,409$460,510$3,317,319
63$4,632,257$877,720$430,108$3,594,356
64$5,057,474$873,456$397,244$3,898,693
65$5,524,575$867,493$361,790$4,233,119
66$6,037,784$859,703$323,612$4,600,708
67$6,601,756$849,946$282,571$5,004,850
68$7,221,619$838,078$238,521$5,449,281
69$7,903,022$823,941$191,309$5,938,120
70$8,652,189$807,373$140,777$6,475,907
71$9,475,978$788,200$86,759$7,067,650
72$10,381,943$766,237$29,080$7,718,865
73$11,378,408$741,290$0$8,435,637
74$12,474,544$713,151$0$9,234,373
75$13,680,455$681,604$0$10,122,667
76$15,007,275$646,415$0$11,100,027
77$16,467,270$607,343$0$12,175,498
78$18,073,955$564,127$0$13,359,045
79$19,842,224$516,494$0$14,661,650
80$21,788,486$464,157$0$16,095,411
81$23,930,820$406,809$0$17,673,663
82$26,289,149$344,129$0$19,411,096
83$28,885,426$275,774$0$21,323,901
84$31,743,838$201,386$0$23,429,918
85$34,891,040$120,584$0$25,748,806
86$38,356,400$32,967$0$28,302,227
87$42,172,280$0$0$31,114,053
88$46,374,342$0$0$34,213,994
89$51,001,880$0$0$37,629,870
90$56,098,192$0$0$41,391,835
91$61,710,994$0$0$45,535,118
92$67,892,861$0$0$50,098,538
93$74,701,730$0$0$55,124,870
94$82,201,443$0$0$60,661,250
95$90,462,351$0$0$66,759,621
96$99,561,978$0$0$73,477,220
97$109,585,749$0$0$80,877,120
98$120,627,800$0$0$89,028,824
99$132,791,867$0$0$98,008,922
100$146,192,259$0$0$107,901,814