Can I retire at age 40 with 573,000?

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 $573,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$47,318$46,896$46,485$46,084$45,692$44,696
2 years$23,425$22,988$22,566$22,156$21,758$20,760
3 years$15,461$15,023$14,601$14,195$13,804$12,835
4 years$11,480$11,044$10,626$10,227$9,845$8,912
5 years$9,093$8,658$8,246$7,855$7,484$6,590
6 years$7,501$7,070$6,664$6,282$5,922$5,067
7 years$6,365$5,938$5,538$5,165$4,816$4,002
8 years$5,513$5,090$4,697$4,333$3,995$3,220
9 years$4,851$4,431$4,045$3,690$3,365$2,629
10 years$4,321$3,906$3,527$3,181$2,867$2,169
11 years$3,888$3,477$3,105$2,769$2,466$1,805
12 years$3,528$3,121$2,755$2,428$2,137$1,513
13 years$3,223$2,821$2,462$2,144$1,863$1,275
14 years$2,962$2,564$2,212$1,903$1,633$1,079
15 years$2,736$2,342$1,997$1,697$1,438$917
16 years$2,539$2,149$1,811$1,520$1,271$781
17 years$2,364$1,979$1,648$1,365$1,127$667
18 years$2,210$1,829$1,504$1,231$1,002$571
19 years$2,072$1,695$1,377$1,112$893$490
20 years$1,947$1,575$1,264$1,007$798$421
21 years$1,835$1,467$1,162$914$714$362
22 years$1,733$1,369$1,071$831$640$312
23 years$1,640$1,281$989$757$574$269
24 years$1,555$1,200$915$690$516$232
25 years$1,477$1,126$847$630$465$200
26 years$1,405$1,058$786$576$418$173
27 years$1,339$996$730$528$377$150
28 years$1,277$939$678$483$340$129
29 years$1,220$885$631$443$307$112
30 years$1,166$836$588$407$278$97
31 years$1,117$790$548$374$251$84
32 years$1,070$748$511$343$227$73
33 years$1,026$708$478$316$206$63
34 years$985$671$446$291$186$54
35 years$946$637$417$267$169$47
36 years$910$604$390$246$153$41
37 years$876$574$365$227$138$35
38 years$843$545$342$209$126$31
39 years$813$519$320$193$114$27
40 years$783$494$300$178$103$23
41 years$756$470$282$164$94$20
42 years$730$447$264$151$85$17
43 years$705$426$248$140$77$15
44 years$681$406$233$129$70$13
45 years$658$387$219$119$64$11
46 years$637$370$205$110$58$10
47 years$616$353$193$102$52$9
48 years$596$337$181$94$48$7
49 years$577$322$170$87$43$6
50 years$559$307$160$80$39$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $573,000, adding $6,326 every year, while hoping to spend $22,518 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: 30/45/25 Blend
39$573,000$573,000$573,000$573,000
40$637,971$607,602$598,721$652,028
41$679,085$613,416$594,819$669,217
42$723,638$618,759$590,032$685,278
43$771,957$623,587$584,306$702,099
44$824,402$627,847$577,585$719,761
45$881,367$631,488$569,810$738,354
46$943,289$634,453$560,921$757,980
47$1,010,645$636,682$550,853$778,753
48$1,083,963$638,111$539,538$800,798
49$1,163,821$638,673$526,907$824,258
50$1,250,858$638,295$512,885$849,290
51$1,345,774$636,900$497,396$876,070
52$1,449,343$634,409$480,358$904,795
53$1,562,415$630,733$461,689$935,682
54$1,685,925$625,782$441,299$968,976
55$1,820,903$619,460$419,096$1,004,948
56$1,968,484$611,662$394,985$1,043,898
57$2,129,916$602,281$368,864$1,086,164
58$2,306,575$591,200$340,629$1,132,117
59$2,499,975$578,298$310,169$1,182,172
60$2,711,782$563,444$277,369$1,236,790
61$2,943,834$546,503$242,111$1,296,482
62$3,198,151$527,327$204,268$1,361,816
63$3,476,961$505,765$163,709$1,433,421
64$3,782,716$481,653$120,299$1,511,996
65$4,118,119$454,819$73,894$1,598,318
66$4,486,143$425,082$24,346$1,693,244
67$4,890,068$392,249$0$1,797,728
68$5,333,502$356,116$0$1,920,437
69$5,820,423$316,470$0$2,062,354
70$6,355,212$273,082$0$2,218,319
71$6,942,693$225,713$0$2,389,813
72$7,588,185$174,110$0$2,578,476
73$8,297,542$118,004$0$2,786,115
74$9,077,218$57,113$0$3,014,730
75$9,934,320$0$0$3,266,530
76$10,876,681$0$0$3,548,344
77$11,912,928$0$0$3,889,431
78$13,052,567$0$0$4,264,653
79$14,306,072$0$0$4,677,470
80$15,684,981$0$0$5,131,695
81$17,202,010$0$0$5,631,532
82$18,871,166$0$0$6,181,608
83$20,707,884$0$0$6,787,025
84$22,729,171$0$0$7,453,404
85$24,953,766$0$0$8,186,938
86$27,402,315$0$0$8,994,451
87$30,097,569$0$0$9,883,462
88$33,064,595$0$0$10,862,257
89$36,331,017$0$0$11,939,966
90$39,927,268$0$0$13,126,648
91$43,886,889$0$0$14,433,389
92$48,246,832$0$0$15,872,404
93$53,047,818$0$0$17,457,154
94$58,334,720$0$0$19,202,469
95$64,156,980$0$0$21,124,694
96$70,569,082$0$0$23,241,838
97$77,631,064$0$0$25,573,748
98$85,409,082$0$0$28,142,292
99$93,976,037$0$0$30,971,568
100$103,412,260$0$0$34,088,130