Can I retire at age 40 with 686,000?

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 $686,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$56,649$56,145$55,652$55,172$54,703$53,885
2 years$28,044$27,522$27,016$26,525$26,049$25,227
3 years$18,510$17,986$17,481$16,995$16,526$15,726
4 years$13,744$13,222$12,722$12,244$11,787$11,014
5 years$10,886$10,366$9,873$9,404$8,960$8,217
6 years$8,980$8,464$7,978$7,521$7,090$6,377
7 years$7,620$7,108$6,630$6,183$5,766$5,084
8 years$6,600$6,093$5,623$5,187$4,783$4,132
9 years$5,807$5,305$4,843$4,418$4,028$3,407
10 years$5,174$4,676$4,222$3,808$3,432$2,841
11 years$4,655$4,163$3,717$3,315$2,952$2,390
12 years$4,224$3,737$3,299$2,907$2,558$2,025
13 years$3,859$3,377$2,947$2,567$2,231$1,726
14 years$3,546$3,069$2,648$2,278$1,955$1,477
15 years$3,276$2,804$2,391$2,032$1,722$1,270
16 years$3,039$2,573$2,168$1,819$1,522$1,095
17 years$2,831$2,369$1,973$1,635$1,349$947
18 years$2,646$2,189$1,801$1,473$1,200$821
19 years$2,480$2,029$1,648$1,331$1,069$713
20 years$2,331$1,885$1,513$1,206$955$620
21 years$2,197$1,756$1,392$1,094$855$541
22 years$2,075$1,639$1,283$995$766$472
23 years$1,964$1,533$1,184$906$688$412
24 years$1,862$1,437$1,095$826$618$360
25 years$1,769$1,348$1,014$755$556$315
26 years$1,682$1,267$941$690$501$276
27 years$1,603$1,192$874$632$452$242
28 years$1,529$1,124$812$579$408$212
29 years$1,460$1,060$756$531$368$186
30 years$1,396$1,001$704$487$333$163
31 years$1,337$946$656$447$301$143
32 years$1,281$895$612$411$272$126
33 years$1,229$848$572$378$246$111
34 years$1,179$804$534$348$223$97
35 years$1,133$762$499$320$202$85
36 years$1,090$724$467$295$183$75
37 years$1,048$687$437$272$166$66
38 years$1,010$653$409$250$150$58
39 years$973$621$384$231$136$51
40 years$938$591$360$213$124$45
41 years$905$562$337$196$112$40
42 years$873$536$316$181$102$35
43 years$844$510$297$167$92$31
44 years$815$486$279$155$84$27
45 years$788$464$262$143$76$24
46 years$762$443$246$132$69$21
47 years$737$422$231$122$63$18
48 years$714$403$217$113$57$16
49 years$691$385$204$104$52$14
50 years$670$368$192$96$47$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $686,000, adding $3,857 every year, while hoping to spend $39,320 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: 44/39/17 Blend
39$686,000$686,000$686,000$686,000
40$759,950$723,592$712,959$789,500
41$795,629$717,212$695,007$804,228
42$833,629$709,202$675,136$815,977
43$874,146$699,439$653,240$827,877
44$917,394$687,796$629,208$839,958
45$963,606$674,136$602,924$852,260
46$1,013,040$658,315$574,269$864,827
47$1,065,977$640,180$543,114$877,709
48$1,122,727$619,569$509,328$890,968
49$1,183,628$596,310$472,773$904,674
50$1,249,051$570,223$433,305$918,908
51$1,319,406$541,116$390,772$933,762
52$1,395,140$508,785$345,017$949,343
53$1,476,745$473,016$295,876$965,774
54$1,564,762$433,583$243,177$983,193
55$1,659,784$390,245$186,740$1,001,759
56$1,762,464$342,749$126,378$1,021,652
57$1,873,520$290,827$61,895$1,043,076
58$1,993,738$234,197$0$1,066,261
59$2,123,985$172,559$0$1,092,723
60$2,265,215$105,598$0$1,133,564
61$2,418,475$32,980$0$1,177,916
62$2,584,916$0$0$1,226,193
63$2,765,808$0$0$1,298,448
64$2,962,542$0$0$1,392,498
65$3,176,655$0$0$1,494,931
66$3,409,832$0$0$1,606,565
67$3,663,932$0$0$1,728,299
68$3,940,999$0$0$1,861,123
69$4,243,282$0$0$2,006,126
70$4,573,257$0$0$2,164,506
71$4,933,651$0$0$2,337,585
72$5,327,463$0$0$2,526,816
73$5,757,997$0$0$2,733,797
74$6,228,890$0$0$2,960,293
75$6,744,147$0$0$3,208,241
76$7,308,178$0$0$3,479,780
77$7,925,837$0$0$3,777,261
78$8,602,473$0$0$4,103,275
79$9,343,974$0$0$4,460,675
80$10,156,826$0$0$4,852,605
81$11,048,171$0$0$5,282,525
82$12,025,877$0$0$5,754,248
83$13,098,609$0$0$6,271,973
84$14,275,912$0$0$6,840,326
85$15,568,299$0$0$7,464,402
86$16,987,350$0$0$8,149,815
87$18,545,825$0$0$8,902,747
88$20,257,775$0$0$9,730,010
89$22,138,683$0$0$10,639,109
90$24,205,603$0$0$11,638,309
91$26,477,326$0$0$12,736,719
92$28,974,552$0$0$13,944,374
93$31,720,085$0$0$15,272,326
94$34,739,052$0$0$16,732,758
95$38,059,135$0$0$18,339,087
96$41,710,832$0$0$20,106,098
97$45,727,746$0$0$22,050,082
98$50,146,902$0$0$24,188,987
99$55,009,091$0$0$26,542,589
100$60,359,261$0$0$29,132,677