Can I retire at age 40 with 683,000?

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 $683,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$56,402$55,899$55,409$54,931$54,463$54,030
2 years$27,922$27,402$26,898$26,409$25,935$25,498
3 years$18,429$17,907$17,404$16,920$16,454$16,027
4 years$13,684$13,164$12,666$12,190$11,735$11,321
5 years$10,838$10,320$9,829$9,363$8,921$8,522
6 years$8,941$8,427$7,944$7,488$7,059$6,675
7 years$7,587$7,077$6,601$6,156$5,741$5,372
8 years$6,571$6,067$5,598$5,164$4,762$4,409
9 years$5,782$5,282$4,822$4,399$4,011$3,672
10 years$5,151$4,656$4,204$3,792$3,417$3,094
11 years$4,635$4,145$3,701$3,300$2,939$2,630
12 years$4,205$3,720$3,284$2,895$2,547$2,252
13 years$3,842$3,362$2,934$2,555$2,221$1,941
14 years$3,531$3,056$2,637$2,268$1,947$1,680
15 years$3,261$2,792$2,381$2,023$1,714$1,461
16 years$3,026$2,561$2,158$1,811$1,515$1,275
17 years$2,818$2,359$1,964$1,628$1,343$1,116
18 years$2,634$2,180$1,793$1,467$1,194$979
19 years$2,469$2,020$1,641$1,325$1,065$861
20 years$2,321$1,877$1,506$1,200$951$759
21 years$2,188$1,749$1,385$1,089$851$670
22 years$2,066$1,632$1,277$991$763$592
23 years$1,955$1,527$1,179$902$685$524
24 years$1,854$1,430$1,090$823$615$464
25 years$1,761$1,342$1,010$751$554$411
26 years$1,675$1,261$937$687$499$365
27 years$1,596$1,187$870$629$450$324
28 years$1,522$1,119$809$576$406$288
29 years$1,454$1,055$752$528$366$257
30 years$1,390$997$701$485$331$228
31 years$1,331$942$653$445$299$203
32 years$1,275$892$610$409$271$181
33 years$1,223$844$569$376$245$161
34 years$1,174$800$532$346$222$144
35 years$1,128$759$497$319$201$128
36 years$1,085$720$465$294$182$114
37 years$1,044$684$435$271$165$102
38 years$1,005$650$408$249$150$91
39 years$968$618$382$230$136$81
40 years$934$588$358$212$123$72
41 years$901$560$336$196$112$65
42 years$870$533$315$181$101$58
43 years$840$508$296$167$92$52
44 years$812$484$277$154$83$46
45 years$785$462$260$142$76$41
46 years$759$441$245$131$69$37
47 years$734$420$230$121$62$33
48 years$711$401$216$112$57$29
49 years$688$383$203$104$52$26
50 years$667$366$191$96$47$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $683,000, adding $2,721 every year, while hoping to spend $37,873 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: 76/19/5 Blend
39$683,000$683,000$683,000$683,000
40$755,473$719,274$708,687$812,455
41$792,234$714,222$692,132$845,196
42$831,476$707,652$673,752$875,915
43$873,412$699,452$653,448$908,469
44$918,274$689,500$631,112$943,024
45$966,319$677,666$606,636$979,762
46$1,017,827$663,816$579,902$1,018,887
47$1,073,108$647,805$550,790$1,060,621
48$1,132,497$629,480$519,175$1,105,210
49$1,196,368$608,680$484,923$1,152,927
50$1,265,126$585,234$447,897$1,204,072
51$1,339,220$558,962$407,952$1,258,975
52$1,419,141$529,671$364,939$1,318,002
53$1,505,428$497,159$318,699$1,381,558
54$1,598,674$461,213$269,068$1,450,088
55$1,699,532$421,606$215,875$1,524,084
56$1,808,718$378,098$158,941$1,604,089
57$1,927,020$330,438$98,078$1,690,704
58$2,055,304$278,357$33,091$1,784,590
59$2,194,522$221,573$0$1,886,479
60$2,345,722$159,789$0$1,999,112
61$2,510,056$92,689$0$2,123,456
62$2,688,792$19,941$0$2,258,738
63$2,883,324$0$0$2,406,057
64$3,095,187$0$0$2,578,920
65$3,326,070$0$0$2,771,868
66$3,577,831$0$0$2,982,289
67$3,852,516$0$0$3,211,895
68$4,152,375$0$0$3,462,571
69$4,479,887$0$0$3,736,392
70$4,837,781$0$0$4,035,644
71$5,229,060$0$0$4,362,841
72$5,657,030$0$0$4,720,752
73$6,125,334$0$0$5,112,426
74$6,637,980$0$0$5,541,221
75$7,199,383$0$0$6,010,833
76$7,814,406$0$0$6,525,335
77$8,488,403$0$0$7,089,211
78$9,227,271$0$0$7,707,398
79$10,037,505$0$0$8,385,335
80$10,926,258$0$0$9,129,013
81$11,901,408$0$0$9,945,030
82$12,971,635$0$0$10,840,653
83$14,146,499$0$0$11,823,889
84$15,436,528$0$0$12,903,556
85$16,853,324$0$0$14,089,368
86$18,409,665$0$0$15,392,027
87$20,119,627$0$0$16,823,322
88$21,998,719$0$0$18,396,240
89$24,064,025$0$0$20,125,090
90$26,334,368$0$0$22,025,633
91$28,830,484$0$0$24,115,238
92$31,575,219$0$0$26,413,036
93$34,593,744$0$0$28,940,108
94$37,913,791$0$0$31,719,679
95$41,565,914$0$0$34,777,338
96$45,583,779$0$0$38,141,279
97$50,004,478$0$0$41,842,567
98$54,868,879$0$0$45,915,429
99$60,222,013$0$0$50,397,578
100$66,113,497$0$0$55,330,567