Can I retire at age 40 with 684,000?

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 $684,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$56,484$55,981$55,490$55,011$54,543$52,734
2 years$27,962$27,442$26,937$26,448$25,973$24,168
3 years$18,456$17,933$17,430$16,945$16,478$14,734
4 years$13,704$13,183$12,685$12,208$11,752$10,082
5 years$10,854$10,336$9,844$9,377$8,934$7,342
6 years$8,954$8,440$7,955$7,499$7,069$5,557
7 years$7,598$7,088$6,611$6,165$5,749$4,316
8 years$6,581$6,075$5,606$5,172$4,769$3,415
9 years$5,790$5,290$4,829$4,405$4,017$2,739
10 years$5,158$4,663$4,210$3,797$3,422$2,220
11 years$4,642$4,151$3,706$3,305$2,943$1,814
12 years$4,211$3,726$3,289$2,899$2,551$1,491
13 years$3,848$3,367$2,939$2,559$2,224$1,232
14 years$3,536$3,060$2,640$2,272$1,950$1,022
15 years$3,266$2,796$2,384$2,026$1,717$851
16 years$3,030$2,565$2,161$1,814$1,517$710
17 years$2,823$2,362$1,967$1,630$1,345$594
18 years$2,638$2,183$1,795$1,469$1,196$498
19 years$2,473$2,023$1,644$1,327$1,066$418
20 years$2,325$1,880$1,508$1,202$952$351
21 years$2,191$1,751$1,388$1,091$852$295
22 years$2,069$1,635$1,279$992$764$249
23 years$1,958$1,529$1,181$903$686$210
24 years$1,857$1,432$1,092$824$616$177
25 years$1,763$1,344$1,011$752$555$149
26 years$1,678$1,263$938$688$500$126
27 years$1,598$1,189$871$630$450$106
28 years$1,524$1,120$810$577$406$90
29 years$1,456$1,057$754$529$367$76
30 years$1,392$998$702$486$332$64
31 years$1,333$944$654$446$300$54
32 years$1,277$893$611$410$271$46
33 years$1,225$846$570$377$245$39
34 years$1,176$801$533$347$222$33
35 years$1,130$760$498$319$201$28
36 years$1,086$721$466$294$182$23
37 years$1,045$685$436$271$165$20
38 years$1,007$651$408$250$150$17
39 years$970$619$383$230$136$14
40 years$935$589$359$212$123$12
41 years$902$561$336$196$112$10
42 years$871$534$315$181$101$9
43 years$841$509$296$167$92$7
44 years$813$485$278$154$84$6
45 years$786$463$261$142$76$5
46 years$760$441$245$131$69$4
47 years$735$421$230$121$63$4
48 years$712$402$216$112$57$3
49 years$689$384$203$104$52$3
50 years$668$367$191$96$47$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $684,000, adding $4,199 every year, while hoping to spend $24,558 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: 71/10/19 Blend
39$684,000$684,000$684,000$684,000
40$758,099$721,847$711,245$808,175
41$809,296$731,088$708,942$851,299
42$864,891$739,959$705,739$895,168
43$925,309$748,415$701,580$942,581
44$991,013$756,410$696,406$993,885
45$1,062,516$763,894$690,155$1,049,464
46$1,140,380$770,812$682,762$1,109,738
47$1,225,225$777,108$674,161$1,175,174
48$1,317,733$782,721$664,281$1,246,286
49$1,418,654$787,587$653,046$1,323,639
50$1,528,814$791,636$640,381$1,407,856
51$1,649,122$794,796$626,203$1,499,626
52$1,780,579$796,988$610,428$1,599,707
53$1,924,288$798,130$592,966$1,708,935
54$2,081,460$798,133$573,726$1,828,232
55$2,253,433$796,905$552,609$1,958,615
56$2,441,675$794,346$529,514$2,101,202
57$2,647,808$790,351$504,334$2,257,231
58$2,873,615$784,808$476,960$2,428,063
59$3,121,059$777,599$447,274$2,615,199
60$3,392,304$768,599$415,154$2,820,296
61$3,689,733$757,674$380,475$3,045,179
62$4,015,968$744,682$343,104$3,291,859
63$4,373,902$729,476$302,903$3,562,556
64$4,766,715$711,896$259,726$3,859,715
65$5,197,916$691,776$213,423$4,186,033
66$5,671,367$668,936$163,836$4,544,482
67$6,191,323$643,190$110,801$4,938,341
68$6,762,471$614,339$54,145$5,371,221
69$7,389,974$582,173$0$5,847,106
70$8,079,522$546,470$0$6,371,667
71$8,837,379$506,993$0$6,960,261
72$9,670,452$463,495$0$7,607,275
73$10,586,345$415,714$0$8,318,633
74$11,593,438$363,370$0$9,100,862
75$12,700,965$306,171$0$9,961,155
76$13,919,096$243,806$0$10,907,437
77$15,259,040$175,949$0$11,948,443
78$16,733,145$102,253$0$13,093,798
79$18,355,015$22,353$0$14,354,108
80$20,139,641$0$0$15,741,061
81$22,103,540$0$0$17,274,595
82$24,264,911$0$0$18,965,075
83$26,643,806$0$0$20,825,732
84$29,262,321$0$0$22,873,851
85$32,144,800$0$0$25,128,481
86$35,318,071$0$0$27,610,611
87$38,811,693$0$0$30,343,367
88$42,658,236$0$0$33,352,234
89$46,893,590$0$0$36,665,290
90$51,557,304$0$0$40,313,479
91$56,692,953$0$0$44,330,896
92$62,348,559$0$0$48,755,110
93$68,577,034$0$0$53,627,523
94$75,436,684$0$0$58,993,751
95$82,991,759$0$0$64,904,067
96$91,313,058$0$0$71,413,862
97$100,478,599$0$0$78,584,178
98$110,574,350$0$0$86,482,279
99$121,695,047$0$0$95,182,286
100$133,945,081$0$0$104,765,875