Can I retire at age 40 with 564,000?

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 $564,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$46,575$46,160$45,755$45,360$44,974$44,320
2 years$23,057$22,627$22,211$21,808$21,416$20,759
3 years$15,218$14,787$14,372$13,972$13,587$12,947
4 years$11,300$10,870$10,459$10,066$9,691$9,072
5 years$8,950$8,522$8,117$7,732$7,367$6,772
6 years$7,383$6,959$6,560$6,183$5,829$5,258
7 years$6,265$5,844$5,451$5,084$4,741$4,195
8 years$5,426$5,010$4,623$4,265$3,933$3,411
9 years$4,775$4,362$3,982$3,632$3,312$2,815
10 years$4,253$3,845$3,471$3,131$2,822$2,348
11 years$3,827$3,423$3,056$2,725$2,427$1,977
12 years$3,473$3,072$2,712$2,390$2,103$1,676
13 years$3,173$2,776$2,423$2,110$1,834$1,429
14 years$2,916$2,524$2,177$1,873$1,608$1,224
15 years$2,693$2,305$1,966$1,671$1,416$1,053
16 years$2,499$2,115$1,782$1,496$1,251$909
17 years$2,327$1,948$1,622$1,344$1,109$786
18 years$2,175$1,800$1,480$1,211$986$682
19 years$2,039$1,668$1,355$1,094$879$593
20 years$1,917$1,550$1,244$991$785$516
21 years$1,806$1,444$1,144$900$703$450
22 years$1,706$1,348$1,054$818$630$393
23 years$1,615$1,261$974$745$565$344
24 years$1,531$1,181$900$679$508$301
25 years$1,454$1,108$834$620$457$263
26 years$1,383$1,042$773$567$412$231
27 years$1,318$980$718$519$371$203
28 years$1,257$924$668$476$335$178
29 years$1,201$871$621$436$303$156
30 years$1,148$823$579$400$273$137
31 years$1,099$778$540$368$247$120
32 years$1,053$736$503$338$224$106
33 years$1,010$697$470$311$202$93
34 years$970$661$439$286$183$82
35 years$932$627$411$263$166$72
36 years$896$595$384$242$150$63
37 years$862$565$360$223$136$56
38 years$830$537$337$206$124$49
39 years$800$511$315$190$112$43
40 years$771$486$296$175$102$38
41 years$744$462$277$162$92$33
42 years$718$440$260$149$84$29
43 years$693$420$244$138$76$26
44 years$670$400$229$127$69$23
45 years$648$381$215$117$63$20
46 years$627$364$202$108$57$18
47 years$606$347$190$100$52$16
48 years$587$331$178$93$47$14
49 years$568$317$168$86$43$12
50 years$551$302$158$79$39$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $564,000, adding $6,269 every year, while hoping to spend $25,928 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: 52/26/22 Blend
39$564,000$564,000$564,000$564,000
40$627,994$598,102$589,360$656,522
41$664,463$599,822$581,517$678,597
42$703,782$600,757$572,541$699,406
43$746,215$600,842$562,369$721,498
44$792,052$600,006$550,931$745,003
45$841,610$598,175$538,157$770,068
46$895,240$595,271$523,970$796,854
47$953,325$591,210$508,294$825,541
48$1,016,288$585,903$491,045$856,329
49$1,084,593$579,257$472,140$889,438
50$1,158,752$571,171$451,487$925,115
51$1,239,326$561,540$428,993$963,630
52$1,326,934$550,252$404,561$1,005,286
53$1,422,256$537,189$378,088$1,050,416
54$1,526,040$522,224$349,468$1,099,392
55$1,639,109$505,227$318,588$1,152,623
56$1,762,369$486,054$285,332$1,210,564
57$1,896,819$464,559$249,579$1,273,718
58$2,043,555$440,582$211,200$1,342,643
59$2,203,785$413,959$170,063$1,417,954
60$2,378,841$384,513$126,030$1,500,336
61$2,570,186$352,057$78,955$1,590,544
62$2,779,432$316,395$28,687$1,689,412
63$3,008,354$277,318$0$1,797,867
64$3,258,908$234,608$0$1,922,789
65$3,533,244$188,032$0$2,067,018
66$3,833,733$137,343$0$2,225,103
67$4,162,985$82,285$0$2,398,471
68$4,523,875$22,582$0$2,588,691
69$4,919,568$0$0$2,797,501
70$5,353,550$0$0$3,038,845
71$5,829,663$0$0$3,310,765
72$6,352,136$0$0$3,609,222
73$6,925,628$0$0$3,936,885
74$7,555,272$0$0$4,296,695
75$8,246,721$0$0$4,691,891
76$9,006,204$0$0$5,126,040
77$9,840,581$0$0$5,603,073
78$10,757,411$0$0$6,127,320
79$11,765,019$0$0$6,703,551
80$12,872,579$0$0$7,337,021
81$14,090,198$0$0$8,033,522
82$15,429,010$0$0$8,799,432
83$16,901,281$0$0$9,641,778
84$18,520,526$0$0$10,568,306
85$20,301,637$0$0$11,587,546
86$22,261,020$0$0$12,708,898
87$24,416,752$0$0$13,942,721
88$26,788,749$0$0$15,300,425
89$29,398,956$0$0$16,794,584
90$32,271,554$0$0$18,439,054
91$35,433,185$0$0$20,249,099
92$38,913,205$0$0$22,241,540
93$42,743,961$0$0$24,434,912
94$46,961,095$0$0$26,849,637
95$51,603,880$0$0$29,508,219
96$56,715,590$0$0$32,435,453
97$62,343,911$0$0$35,658,663
98$68,541,385$0$0$39,207,957
99$75,365,911$0$0$43,116,510
100$82,881,288$0$0$47,420,879