Can I retire at age 40 with 543,000?

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 $543,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$44,840$44,441$44,051$43,671$43,300$41,631
2 years$22,198$21,785$21,384$20,996$20,619$18,958
3 years$14,652$14,237$13,837$13,452$13,081$11,480
4 years$10,879$10,465$10,070$9,691$9,330$7,800
5 years$8,616$8,205$7,815$7,444$7,092$5,639
6 years$7,108$6,700$6,315$5,953$5,612$4,235
7 years$6,032$5,627$5,248$4,894$4,564$3,263
8 years$5,224$4,823$4,451$4,106$3,786$2,561
9 years$4,597$4,199$3,833$3,497$3,189$2,036
10 years$4,095$3,702$3,342$3,015$2,717$1,636
11 years$3,685$3,295$2,942$2,624$2,337$1,324
12 years$3,343$2,958$2,611$2,301$2,025$1,078
13 years$3,054$2,673$2,333$2,032$1,766$883
14 years$2,807$2,430$2,096$1,803$1,548$725
15 years$2,593$2,219$1,893$1,608$1,363$598
16 years$2,406$2,036$1,716$1,440$1,204$494
17 years$2,241$1,875$1,561$1,294$1,068$409
18 years$2,094$1,733$1,425$1,166$950$339
19 years$1,963$1,606$1,305$1,054$846$282
20 years$1,845$1,492$1,198$954$756$234
21 years$1,739$1,390$1,101$866$677$195
22 years$1,643$1,298$1,015$787$606$162
23 years$1,555$1,214$937$717$544$135
24 years$1,474$1,137$867$654$489$113
25 years$1,400$1,067$803$597$440$94
26 years$1,332$1,003$745$546$397$78
27 years$1,269$944$691$500$358$66
28 years$1,210$889$643$458$323$55
29 years$1,156$839$598$420$291$46
30 years$1,105$792$557$386$263$38
31 years$1,058$749$519$354$238$32
32 years$1,014$709$485$325$215$27
33 years$972$671$453$299$195$22
34 years$934$636$423$275$176$19
35 years$897$603$395$253$160$16
36 years$862$573$370$233$145$13
37 years$830$544$346$215$131$11
38 years$799$517$324$198$119$9
39 years$770$492$304$183$108$8
40 years$742$468$285$169$98$6
41 years$716$445$267$156$89$5
42 years$691$424$250$144$81$4
43 years$668$404$235$133$73$4
44 years$645$385$221$122$66$3
45 years$624$367$207$113$60$3
46 years$603$350$194$104$55$2
47 years$584$334$183$96$50$2
48 years$565$319$172$89$45$2
49 years$547$305$161$82$41$1
50 years$530$291$152$76$37$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $543,000, adding $4,851 every year, while hoping to spend $40,696 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: 84/11/5 Blend
39$543,000$543,000$543,000$543,000
40$603,390$574,611$566,194$653,644
41$621,635$559,467$541,862$672,009
42$640,378$542,216$515,350$686,124
43$659,625$522,714$486,543$700,333
44$679,385$500,804$455,320$714,617
45$699,663$476,324$421,554$728,957
46$720,465$449,101$385,112$743,332
47$741,796$418,951$345,857$757,718
48$763,660$385,680$303,645$772,089
49$786,060$349,085$258,323$786,417
50$808,996$308,948$209,735$800,668
51$832,469$265,042$157,716$814,809
52$856,476$217,124$102,095$828,801
53$881,013$164,940$42,692$842,601
54$906,074$108,219$0$856,164
55$931,650$46,679$0$870,542
56$957,730$0$0$887,077
57$984,297$0$0$905,858
58$1,011,334$0$0$930,719
59$1,038,818$0$0$955,989
60$1,066,721$0$0$981,642
61$1,095,012$0$0$1,007,647
62$1,123,653$0$0$1,033,971
63$1,152,599$0$0$1,060,571
64$1,181,798$0$0$1,087,400
65$1,211,193$0$0$1,114,403
66$1,240,714$0$0$1,141,517
67$1,270,285$0$0$1,168,670
68$1,299,817$0$0$1,195,780
69$1,329,211$0$0$1,222,755
70$1,358,352$0$0$1,249,489
71$1,387,113$0$0$1,275,863
72$1,415,349$0$0$1,301,743
73$1,442,898$0$0$1,326,980
74$1,469,577$0$0$1,351,402
75$1,495,181$0$0$1,374,822
76$1,519,482$0$0$1,397,026
77$1,542,223$0$0$1,417,777
78$1,563,118$0$0$1,436,809
79$1,581,848$0$0$1,453,827
80$1,598,055$0$0$1,468,501
81$1,611,344$0$0$1,480,462
82$1,621,272$0$0$1,489,302
83$1,627,348$0$0$1,494,565
84$1,629,026$0$0$1,495,745
85$1,625,700$0$0$1,492,282
86$1,616,695$0$0$1,483,550
87$1,601,266$0$0$1,468,857
88$1,578,581$0$0$1,447,437
89$1,547,724$0$0$1,418,437
90$1,507,675$0$0$1,380,915
91$1,457,307$0$0$1,333,827
92$1,395,370$0$0$1,276,016
93$1,320,483$0$0$1,206,201
94$1,231,114$0$0$1,122,966
95$1,125,573$0$0$1,024,744
96$1,001,985$0$0$909,800
97$858,283$0$0$776,220
98$692,177$0$0$621,883
99$501,138$0$0$444,448
100$282,372$0$0$241,328