Can I retire at age 40 with 682,000?

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 $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%16.3%
1 years$56,319$55,817$55,328$54,850$54,384$52,983
2 years$27,881$27,361$26,858$26,370$25,897$24,495
3 years$18,402$17,881$17,379$16,896$16,430$15,071
4 years$13,664$13,144$12,647$12,172$11,718$10,412
5 years$10,822$10,305$9,815$9,350$8,908$7,659
6 years$8,928$8,415$7,932$7,477$7,049$5,857
7 years$7,576$7,067$6,591$6,147$5,732$4,599
8 years$6,562$6,058$5,590$5,157$4,756$3,680
9 years$5,774$5,274$4,815$4,392$4,005$2,986
10 years$5,143$4,649$4,198$3,786$3,412$2,449
11 years$4,628$4,139$3,696$3,295$2,935$2,025
12 years$4,199$3,715$3,280$2,890$2,543$1,686
13 years$3,836$3,357$2,930$2,552$2,218$1,411
14 years$3,526$3,051$2,633$2,265$1,944$1,186
15 years$3,257$2,788$2,377$2,020$1,712$1,001
16 years$3,022$2,558$2,155$1,809$1,513$847
17 years$2,814$2,355$1,961$1,625$1,341$718
18 years$2,630$2,177$1,790$1,465$1,193$610
19 years$2,466$2,017$1,639$1,323$1,063$520
20 years$2,318$1,874$1,504$1,199$950$443
21 years$2,184$1,746$1,383$1,088$850$378
22 years$2,063$1,630$1,275$989$762$323
23 years$1,952$1,524$1,177$901$684$276
24 years$1,851$1,428$1,089$822$615$237
25 years$1,758$1,340$1,008$750$553$203
26 years$1,673$1,260$935$686$498$174
27 years$1,593$1,185$868$628$449$149
28 years$1,520$1,117$807$575$405$128
29 years$1,452$1,054$751$528$366$110
30 years$1,388$995$700$484$331$94
31 years$1,329$941$652$445$299$81
32 years$1,273$890$609$409$270$69
33 years$1,221$843$568$376$245$60
34 years$1,172$799$531$346$222$51
35 years$1,127$758$497$318$201$44
36 years$1,083$719$464$293$182$38
37 years$1,042$683$435$270$165$32
38 years$1,004$649$407$249$149$28
39 years$967$617$381$230$135$24
40 years$932$587$358$212$123$21
41 years$900$559$335$195$111$18
42 years$868$533$314$180$101$15
43 years$839$507$295$166$92$13
44 years$810$484$277$154$83$11
45 years$783$461$260$142$76$10
46 years$758$440$244$131$69$8
47 years$733$420$229$121$62$7
48 years$710$401$216$112$57$6
49 years$687$383$203$103$51$5
50 years$666$366$191$96$47$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $682,000, adding $2,844 every year, while hoping to spend $22,965 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: 52/19/29 Blend
39$682,000$682,000$682,000$682,000
40$754,498$718,352$707,781$787,453
41$807,022$729,116$707,057$821,452
42$864,134$739,639$705,539$855,877
43$926,277$749,883$703,176$892,879
44$993,940$759,810$699,915$932,713
45$1,067,660$769,379$695,701$975,662
46$1,148,028$778,545$690,473$1,022,039
47$1,235,695$787,262$684,172$1,072,190
48$1,331,377$795,478$676,733$1,126,494
49$1,435,862$803,141$668,088$1,185,373
50$1,550,018$810,193$658,167$1,249,292
51$1,674,800$816,573$646,896$1,318,765
52$1,811,261$822,216$634,198$1,394,357
53$1,960,558$827,054$619,992$1,476,694
54$2,123,967$831,011$604,194$1,566,468
55$2,302,891$834,010$586,714$1,664,441
56$2,498,878$835,968$567,460$1,771,454
57$2,713,629$836,797$546,336$1,888,438
58$2,949,021$836,401$523,240$2,016,417
59$3,207,119$834,683$498,067$2,156,524
60$3,490,198$831,535$470,705$2,310,008
61$3,800,763$826,845$441,038$2,478,248
62$4,141,575$820,495$408,947$2,662,766
63$4,515,673$812,356$374,304$2,865,240
64$4,926,407$802,297$336,978$3,087,525
65$5,377,464$790,173$296,831$3,331,663
66$5,872,909$775,836$253,719$3,599,911
67$6,417,219$759,124$207,491$3,894,756
68$7,015,324$739,870$157,991$4,218,945
69$7,672,657$717,894$105,054$4,575,505
70$8,395,204$693,007$48,509$4,967,779
71$9,189,559$665,009$0$5,399,450
72$10,062,987$633,687$0$5,878,246
73$11,023,491$598,817$0$6,421,245
74$12,079,890$560,162$0$7,018,427
75$13,241,900$517,471$0$7,675,309
76$14,520,226$470,479$0$8,397,971
77$15,926,662$418,905$0$9,193,117
78$17,474,203$362,453$0$10,068,134
79$19,177,169$300,811$0$11,031,164
80$21,051,336$233,646$0$12,091,180
81$23,114,089$160,611$0$13,258,076
82$25,384,581$81,336$0$14,542,753
83$27,883,918$0$0$15,957,226
84$30,635,355$0$0$17,515,695
85$33,664,519$0$0$19,250,280
86$36,999,645$0$0$21,160,154
87$40,671,845$0$0$23,263,146
88$44,715,405$0$0$25,578,898
89$49,168,102$0$0$28,129,060
90$54,071,562$0$0$30,937,483
91$59,471,658$0$0$34,030,451
92$65,418,934$0$0$37,436,929
93$71,969,090$0$0$41,188,832
94$79,183,500$0$0$45,321,329
95$87,129,797$0$0$49,873,175
96$95,882,509$0$0$54,887,075
97$105,523,759$0$0$60,410,087
98$116,144,045$0$0$66,494,070
99$127,843,092$0$0$73,196,167
100$140,730,792$0$0$80,579,348