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%11.3%
1 years$56,319$55,817$55,328$54,850$54,384$54,086
2 years$27,881$27,361$26,858$26,370$25,897$25,597
3 years$18,402$17,881$17,379$16,896$16,430$16,137
4 years$13,664$13,144$12,647$12,172$11,718$11,433
5 years$10,822$10,305$9,815$9,350$8,908$8,633
6 years$8,928$8,415$7,932$7,477$7,049$6,784
7 years$7,576$7,067$6,591$6,147$5,732$5,478
8 years$6,562$6,058$5,590$5,157$4,756$4,511
9 years$5,774$5,274$4,815$4,392$4,005$3,771
10 years$5,143$4,649$4,198$3,786$3,412$3,188
11 years$4,628$4,139$3,696$3,295$2,935$2,720
12 years$4,199$3,715$3,280$2,890$2,543$2,338
13 years$3,836$3,357$2,930$2,552$2,218$2,022
14 years$3,526$3,051$2,633$2,265$1,944$1,758
15 years$3,257$2,788$2,377$2,020$1,712$1,535
16 years$3,022$2,558$2,155$1,809$1,513$1,345
17 years$2,814$2,355$1,961$1,625$1,341$1,182
18 years$2,630$2,177$1,790$1,465$1,193$1,041
19 years$2,466$2,017$1,639$1,323$1,063$920
20 years$2,318$1,874$1,504$1,199$950$814
21 years$2,184$1,746$1,383$1,088$850$721
22 years$2,063$1,630$1,275$989$762$641
23 years$1,952$1,524$1,177$901$684$569
24 years$1,851$1,428$1,089$822$615$507
25 years$1,758$1,340$1,008$750$553$452
26 years$1,673$1,260$935$686$498$403
27 years$1,593$1,185$868$628$449$359
28 years$1,520$1,117$807$575$405$321
29 years$1,452$1,054$751$528$366$287
30 years$1,388$995$700$484$331$257
31 years$1,329$941$652$445$299$230
32 years$1,273$890$609$409$270$205
33 years$1,221$843$568$376$245$184
34 years$1,172$799$531$346$222$165
35 years$1,127$758$497$318$201$148
36 years$1,083$719$464$293$182$132
37 years$1,042$683$435$270$165$119
38 years$1,004$649$407$249$149$106
39 years$967$617$381$230$135$95
40 years$932$587$358$212$123$86
41 years$900$559$335$195$111$77
42 years$868$533$314$180$101$69
43 years$839$507$295$166$92$62
44 years$810$484$277$154$83$56
45 years$783$461$260$142$76$50
46 years$758$440$244$131$69$45
47 years$733$420$229$121$62$40
48 years$710$401$216$112$57$36
49 years$687$383$203$103$51$32
50 years$666$366$191$96$47$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $682,000, adding $4,018 every year, while hoping to spend $35,188 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: 57/36/7 Blend
39$682,000$682,000$682,000$682,000
40$755,709$719,563$708,992$797,395
41$795,351$717,381$695,303$823,730
42$837,858$713,914$679,977$848,104
43$883,484$709,060$662,920$873,792
44$932,509$702,714$644,038$900,922
45$985,240$694,762$623,228$929,637
46$1,042,014$685,085$600,386$960,097
47$1,103,203$673,557$575,402$992,479
48$1,169,212$660,044$548,160$1,026,978
49$1,240,488$644,403$518,541$1,063,815
50$1,317,524$626,485$486,418$1,103,232
51$1,400,858$606,129$451,659$1,145,497
52$1,491,083$583,167$414,128$1,190,911
53$1,588,853$557,422$373,681$1,239,805
54$1,694,885$528,704$330,167$1,292,548
55$1,809,966$496,814$283,432$1,349,549
56$1,934,966$461,541$233,309$1,411,262
57$2,070,837$422,661$179,630$1,478,189
58$2,218,630$379,939$122,215$1,550,888
59$2,379,500$333,126$60,879$1,629,977
60$2,554,718$281,958$0$1,716,141
61$2,745,682$226,156$0$1,810,481
62$2,953,931$165,428$0$1,918,369
63$3,181,159$99,461$0$2,036,202
64$3,429,232$27,929$0$2,165,027
65$3,700,201$0$0$2,306,001
66$3,996,327$0$0$2,480,022
67$4,320,096$0$0$2,682,443
68$4,674,249$0$0$2,903,918
69$5,061,801$0$0$3,146,341
70$5,486,072$0$0$3,411,798
71$5,950,720$0$0$3,702,584
72$6,459,771$0$0$4,021,228
73$7,017,662$0$0$4,370,514
74$7,629,275$0$0$4,753,510
75$8,299,991$0$0$5,173,593
76$9,035,735$0$0$5,634,484
77$9,843,033$0$0$6,140,282
78$10,729,073$0$0$6,695,500
79$11,701,774$0$0$7,305,110
80$12,769,858$0$0$7,974,591
81$13,942,934$0$0$8,709,977
82$15,231,585$0$0$9,517,914
83$16,647,473$0$0$10,405,726
84$18,203,443$0$0$11,381,479
85$19,913,646$0$0$12,454,062
86$21,793,674$0$0$13,633,266
87$23,860,703$0$0$14,929,879
88$26,133,657$0$0$16,355,787
89$28,633,387$0$0$17,924,082
90$31,382,862$0$0$19,649,195
91$34,407,394$0$0$21,547,020
92$37,734,867$0$0$23,635,071
93$41,396,008$0$0$25,932,647
94$45,424,668$0$0$28,461,010
95$49,858,149$0$0$31,243,587
96$54,737,551$0$0$34,306,194
97$60,108,158$0$0$37,677,272
98$66,019,869$0$0$41,388,164
99$72,527,667$0$0$45,473,403
100$79,692,134$0$0$49,971,041