Can I retire at age 40 with 522,000?

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 $522,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$43,106$42,722$42,348$41,982$41,625$40,735
2 years$21,340$20,942$20,557$20,184$19,821$18,929
3 years$14,085$13,686$13,302$12,932$12,576$11,708
4 years$10,459$10,061$9,680$9,317$8,969$8,134
5 years$8,283$7,888$7,512$7,156$6,818$6,018
6 years$6,833$6,441$6,071$5,723$5,395$4,630
7 years$5,798$5,409$5,045$4,705$4,388$3,658
8 years$5,022$4,637$4,279$3,947$3,640$2,946
9 years$4,419$4,037$3,685$3,362$3,065$2,406
10 years$3,937$3,558$3,213$2,898$2,612$1,987
11 years$3,542$3,168$2,829$2,522$2,246$1,655
12 years$3,214$2,843$2,510$2,212$1,947$1,387
13 years$2,936$2,569$2,243$1,953$1,697$1,170
14 years$2,699$2,336$2,015$1,734$1,488$991
15 years$2,493$2,134$1,819$1,546$1,310$842
16 years$2,313$1,958$1,650$1,384$1,158$718
17 years$2,154$1,803$1,501$1,244$1,027$614
18 years$2,013$1,666$1,370$1,121$913$526
19 years$1,887$1,544$1,254$1,013$814$452
20 years$1,774$1,435$1,151$917$727$388
21 years$1,672$1,336$1,059$833$650$334
22 years$1,579$1,247$976$757$583$288
23 years$1,494$1,167$901$689$523$249
24 years$1,417$1,093$833$629$470$215
25 years$1,346$1,026$772$574$423$185
26 years$1,280$964$716$525$381$160
27 years$1,220$907$665$481$344$139
28 years$1,163$855$618$440$310$120
29 years$1,111$807$575$404$280$104
30 years$1,063$762$536$371$253$90
31 years$1,017$720$499$340$229$78
32 years$975$681$466$313$207$68
33 years$935$645$435$288$187$59
34 years$897$612$406$265$170$51
35 years$862$580$380$244$154$44
36 years$829$551$356$224$139$38
37 years$798$523$333$207$126$33
38 years$768$497$312$191$114$29
39 years$740$473$292$176$104$25
40 years$714$450$274$162$94$22
41 years$688$428$257$150$85$19
42 years$665$408$241$138$77$16
43 years$642$388$226$127$70$14
44 years$620$370$212$118$64$12
45 years$600$353$199$109$58$11
46 years$580$337$187$100$53$9
47 years$561$321$176$93$48$8
48 years$543$307$165$86$43$7
49 years$526$293$155$79$39$6
50 years$510$280$146$73$36$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $522,000, adding $3,302 every year, while hoping to spend $23,650 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: 40/34/26 Blend
39$522,000$522,000$522,000$522,000
40$578,650$550,984$542,893$597,238
41$612,509$552,819$535,917$612,833
42$649,029$553,951$527,914$627,237
43$688,456$554,321$518,825$642,361
44$731,061$553,865$508,589$658,284
45$777,143$552,518$497,139$675,097
46$827,027$550,207$484,409$692,900
47$881,074$546,857$470,327$711,807
48$939,679$542,388$454,818$731,942
49$1,003,276$536,716$437,805$753,446
50$1,072,345$529,750$419,206$776,476
51$1,147,411$521,394$398,936$801,208
52$1,229,053$511,548$376,907$827,836
53$1,317,907$500,105$353,024$856,578
54$1,414,675$486,951$327,191$887,676
55$1,520,126$471,966$299,307$921,400
56$1,635,110$455,024$269,265$958,051
57$1,760,560$435,989$236,954$997,961
58$1,897,504$414,719$202,259$1,041,504
59$2,047,074$391,064$165,058$1,089,090
60$2,210,514$364,865$125,227$1,141,179
61$2,389,196$335,954$82,632$1,198,279
62$2,584,630$304,151$37,136$1,260,956
63$2,798,478$269,270$0$1,329,837
64$3,032,570$231,112$0$1,408,784
65$3,288,922$189,467$0$1,506,603
66$3,569,754$144,112$0$1,613,880
67$3,877,509$94,813$0$1,731,607
68$4,214,879$41,324$0$1,860,883
69$4,584,831$0$0$2,002,921
70$4,990,628$0$0$2,165,279
71$5,435,868$0$0$2,360,452
72$5,924,513$0$0$2,574,722
73$6,460,927$0$0$2,810,014
74$7,049,916$0$0$3,068,445
75$7,696,777$0$0$3,352,348
76$8,407,341$0$0$3,664,292
77$9,188,037$0$0$4,007,110
78$10,045,943$0$0$4,383,922
79$10,988,858$0$0$4,798,162
80$12,025,374$0$0$5,253,618
81$13,164,959$0$0$5,754,461
82$14,418,040$0$0$6,305,287
83$15,796,108$0$0$6,911,159
84$17,311,824$0$0$7,577,655
85$18,979,134$0$0$8,310,924
86$20,813,408$0$0$9,117,737
87$22,831,578$0$0$10,005,556
88$25,052,299$0$0$10,982,604
89$27,496,129$0$0$12,057,940
90$30,185,717$0$0$13,241,547
91$33,146,020$0$0$14,544,422
92$36,404,537$0$0$15,978,687
93$39,991,568$0$0$17,557,694
94$43,940,499$0$0$19,296,160
95$48,288,120$0$0$21,210,297
96$53,074,968$0$0$23,317,974
97$58,345,710$0$0$25,638,877
98$64,149,566$0$0$28,194,699
99$70,540,772$0$0$31,009,346
100$77,579,092$0$0$34,109,159