Can I retire at age 40 with 569,000?

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 $569,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$46,987$46,569$46,161$45,762$45,373$43,659
2 years$23,261$22,828$22,408$22,001$21,606$19,899
3 years$15,353$14,918$14,499$14,096$13,708$12,062
4 years$11,400$10,967$10,552$10,156$9,777$8,204
5 years$9,029$8,598$8,189$7,800$7,432$5,937
6 years$7,449$7,021$6,618$6,238$5,881$4,464
7 years$6,320$5,896$5,499$5,129$4,783$3,444
8 years$5,475$5,054$4,664$4,302$3,968$2,705
9 years$4,817$4,400$4,017$3,665$3,341$2,154
10 years$4,291$3,879$3,502$3,159$2,847$1,732
11 years$3,861$3,453$3,083$2,749$2,448$1,404
12 years$3,503$3,099$2,736$2,411$2,122$1,145
13 years$3,201$2,801$2,445$2,129$1,850$939
14 years$2,942$2,546$2,197$1,890$1,622$772
15 years$2,717$2,326$1,983$1,685$1,428$637
16 years$2,521$2,134$1,798$1,509$1,262$527
17 years$2,348$1,965$1,636$1,356$1,119$437
18 years$2,194$1,816$1,494$1,222$995$363
19 years$2,057$1,683$1,367$1,104$887$302
20 years$1,934$1,564$1,255$1,000$792$251
21 years$1,822$1,457$1,154$908$709$210
22 years$1,721$1,360$1,064$825$635$175
23 years$1,629$1,272$982$752$570$146
24 years$1,545$1,192$908$685$513$122
25 years$1,467$1,118$841$626$461$102
26 years$1,395$1,051$780$572$416$85
27 years$1,329$989$725$524$375$71
28 years$1,268$932$674$480$338$60
29 years$1,211$879$627$440$305$50
30 years$1,158$830$584$404$276$42
31 years$1,109$785$544$371$249$35
32 years$1,062$743$508$341$226$29
33 years$1,019$703$474$314$204$24
34 years$978$667$443$288$185$20
35 years$940$632$414$266$167$17
36 years$904$600$388$245$152$14
37 years$870$570$363$225$137$12
38 years$837$542$340$208$125$10
39 years$807$515$318$192$113$8
40 years$778$490$298$177$103$7
41 years$750$466$280$163$93$6
42 years$724$444$262$150$84$5
43 years$700$423$246$139$77$4
44 years$676$403$231$128$70$3
45 years$654$385$217$118$63$3
46 years$632$367$204$109$57$2
47 years$612$350$191$101$52$2
48 years$592$334$180$93$47$2
49 years$573$319$169$86$43$1
50 years$556$305$159$80$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $569,000, adding $2,872 every year, while hoping to spend $42,463 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: 27/49/24 Blend
39$569,000$569,000$569,000$569,000
40$630,000$599,843$591,024$642,197
41$649,080$584,055$565,643$636,332
42$668,683$566,071$537,989$626,146
43$688,817$545,737$507,940$614,319
44$709,491$522,892$475,370$600,739
45$730,711$497,366$440,147$585,289
46$752,485$468,978$402,133$567,843
47$774,817$437,537$361,184$548,269
48$797,714$402,842$317,149$526,427
49$821,177$364,678$269,870$502,170
50$845,210$322,820$219,183$475,342
51$869,813$277,029$164,917$445,777
52$894,985$227,054$106,893$413,302
53$920,722$172,629$44,922$377,733
54$947,020$113,472$0$338,875
55$973,870$49,286$0$301,955
56$1,001,262$0$0$273,953
57$1,029,181$0$0$254,094
58$1,057,611$0$0$260,911
59$1,086,530$0$0$267,821
60$1,115,911$0$0$274,816
61$1,145,723$0$0$281,884
62$1,175,930$0$0$289,013
63$1,206,488$0$0$296,188
64$1,237,348$0$0$303,392
65$1,268,451$0$0$310,606
66$1,299,730$0$0$317,809
67$1,331,110$0$0$324,975
68$1,362,503$0$0$332,076
69$1,393,810$0$0$339,082
70$1,424,919$0$0$345,955
71$1,455,702$0$0$352,657
72$1,486,017$0$0$359,142
73$1,515,702$0$0$365,360
74$1,544,575$0$0$371,254
75$1,572,433$0$0$376,760
76$1,599,047$0$0$381,809
77$1,624,161$0$0$386,322
78$1,647,491$0$0$390,210
79$1,668,717$0$0$393,376
80$1,687,483$0$0$395,711
81$1,703,393$0$0$397,094
82$1,716,005$0$0$397,390
83$1,724,827$0$0$396,449
84$1,729,314$0$0$394,107
85$1,728,858$0$0$390,177
86$1,722,785$0$0$384,457
87$1,710,346$0$0$376,720
88$1,690,712$0$0$366,714
89$1,662,961$0$0$354,162
90$1,626,072$0$0$338,756
91$1,578,916$0$0$320,156
92$1,520,241$0$0$297,984
93$1,448,659$0$0$271,824
94$1,362,636$0$0$241,213
95$1,260,474$0$0$205,643
96$1,140,296$0$0$164,549
97$1,000,025$0$0$117,309
98$837,363$0$0$63,233
99$649,773$0$0$1,561
100$434,449$0$0$0