Can I retire at age 40 with 682,000?

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 $682,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$56,319$55,817$55,328$54,850$54,384$52,897
2 years$27,881$27,361$26,858$26,370$25,897$24,410
3 years$18,402$17,881$17,379$16,896$16,430$14,990
4 years$13,664$13,144$12,647$12,172$11,718$10,335
5 years$10,822$10,305$9,815$9,350$8,908$7,586
6 years$8,928$8,415$7,932$7,477$7,049$5,789
7 years$7,576$7,067$6,591$6,147$5,732$4,535
8 years$6,562$6,058$5,590$5,157$4,756$3,620
9 years$5,774$5,274$4,815$4,392$4,005$2,930
10 years$5,143$4,649$4,198$3,786$3,412$2,397
11 years$4,628$4,139$3,696$3,295$2,935$1,977
12 years$4,199$3,715$3,280$2,890$2,543$1,642
13 years$3,836$3,357$2,930$2,552$2,218$1,370
14 years$3,526$3,051$2,633$2,265$1,944$1,149
15 years$3,257$2,788$2,377$2,020$1,712$966
16 years$3,022$2,558$2,155$1,809$1,513$815
17 years$2,814$2,355$1,961$1,625$1,341$690
18 years$2,630$2,177$1,790$1,465$1,193$584
19 years$2,466$2,017$1,639$1,323$1,063$496
20 years$2,318$1,874$1,504$1,199$950$422
21 years$2,184$1,746$1,383$1,088$850$359
22 years$2,063$1,630$1,275$989$762$306
23 years$1,952$1,524$1,177$901$684$261
24 years$1,851$1,428$1,089$822$615$222
25 years$1,758$1,340$1,008$750$553$190
26 years$1,673$1,260$935$686$498$162
27 years$1,593$1,185$868$628$449$139
28 years$1,520$1,117$807$575$405$119
29 years$1,452$1,054$751$528$366$101
30 years$1,388$995$700$484$331$87
31 years$1,329$941$652$445$299$74
32 years$1,273$890$609$409$270$64
33 years$1,221$843$568$376$245$54
34 years$1,172$799$531$346$222$47
35 years$1,127$758$497$318$201$40
36 years$1,083$719$464$293$182$34
37 years$1,042$683$435$270$165$29
38 years$1,004$649$407$249$149$25
39 years$967$617$381$230$135$21
40 years$932$587$358$212$123$18
41 years$900$559$335$195$111$16
42 years$868$533$314$180$101$13
43 years$839$507$295$166$92$12
44 years$810$484$277$154$83$10
45 years$783$461$260$142$76$8
46 years$758$440$244$131$69$7
47 years$733$420$229$121$62$6
48 years$710$401$216$112$57$5
49 years$687$383$203$103$51$5
50 years$666$366$191$96$47$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $682,000, adding $4,511 every year, while hoping to spend $50,586 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: 56/25/19 Blend
39$682,000$682,000$682,000$682,000
40$756,217$720,071$709,500$794,484
41$779,528$701,531$679,445$802,535
42$803,521$680,388$646,688$805,493
43$828,213$656,460$611,085$807,596
44$853,620$629,555$572,485$808,776
45$879,757$599,471$530,731$808,959
46$906,641$565,994$485,659$808,064
47$934,287$528,896$437,097$806,011
48$962,711$487,939$384,867$802,709
49$991,927$442,868$328,780$798,065
50$1,021,951$393,415$268,641$791,980
51$1,052,796$339,299$204,247$784,348
52$1,084,475$280,218$135,383$775,057
53$1,117,001$215,858$61,828$763,987
54$1,150,384$145,885$0$751,014
55$1,184,636$69,945$0$739,383
56$1,219,763$0$0$739,167
57$1,255,774$0$0$741,115
58$1,292,673$0$0$762,820
59$1,330,464$0$0$785,041
60$1,369,146$0$0$807,778
61$1,408,718$0$0$831,029
62$1,449,173$0$0$854,787
63$1,490,503$0$0$879,048
64$1,532,694$0$0$903,800
65$1,575,728$0$0$929,033
66$1,619,583$0$0$954,731
67$1,664,231$0$0$980,874
68$1,709,634$0$0$1,007,439
69$1,755,752$0$0$1,034,400
70$1,802,534$0$0$1,061,723
71$1,849,920$0$0$1,089,370
72$1,897,840$0$0$1,117,296
73$1,946,214$0$0$1,145,451
74$1,994,948$0$0$1,173,774
75$2,043,934$0$0$1,202,199
76$2,093,051$0$0$1,230,646
77$2,142,157$0$0$1,259,029
78$2,191,095$0$0$1,287,246
79$2,239,682$0$0$1,315,186
80$2,287,717$0$0$1,342,719
81$2,334,967$0$0$1,369,702
82$2,381,175$0$0$1,395,974
83$2,426,050$0$0$1,421,352
84$2,469,265$0$0$1,445,632
85$2,510,454$0$0$1,468,588
86$2,549,208$0$0$1,489,963
87$2,585,070$0$0$1,509,473
88$2,617,528$0$0$1,526,800
89$2,646,014$0$0$1,541,591
90$2,669,893$0$0$1,553,450
91$2,688,458$0$0$1,561,940
92$2,700,922$0$0$1,566,571
93$2,706,413$0$0$1,566,803
94$2,703,959$0$0$1,562,032
95$2,692,482$0$0$1,551,590
96$2,670,784$0$0$1,534,735
97$2,637,539$0$0$1,510,645
98$2,591,275$0$0$1,478,408
99$2,530,359$0$0$1,437,013
100$2,452,986$0$0$1,385,342