Can I retire at age 40 with 574,000?

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 $574,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$47,400$46,978$46,566$46,164$45,772$44,236
2 years$23,466$23,029$22,605$22,194$21,796$20,264
3 years$15,488$15,049$14,627$14,220$13,828$12,348
4 years$11,500$11,063$10,645$10,245$9,862$8,445
5 years$9,108$8,673$8,261$7,869$7,497$6,147
6 years$7,514$7,083$6,676$6,293$5,932$4,650
7 years$6,376$5,948$5,548$5,174$4,825$3,610
8 years$5,523$5,098$4,705$4,340$4,002$2,854
9 years$4,859$4,439$4,052$3,697$3,371$2,288
10 years$4,329$3,913$3,533$3,187$2,872$1,853
11 years$3,895$3,483$3,110$2,773$2,470$1,513
12 years$3,534$3,126$2,760$2,433$2,140$1,243
13 years$3,229$2,825$2,466$2,148$1,866$1,026
14 years$2,967$2,568$2,216$1,906$1,636$851
15 years$2,741$2,346$2,001$1,700$1,441$708
16 years$2,543$2,153$1,814$1,522$1,273$590
17 years$2,369$1,982$1,651$1,368$1,129$493
18 years$2,214$1,832$1,507$1,233$1,004$413
19 years$2,075$1,698$1,379$1,114$895$347
20 years$1,951$1,578$1,266$1,009$799$291
21 years$1,838$1,469$1,164$916$715$245
22 years$1,736$1,372$1,073$832$641$206
23 years$1,643$1,283$991$758$575$173
24 years$1,558$1,202$916$691$517$146
25 years$1,480$1,128$849$631$465$123
26 years$1,408$1,060$787$577$419$104
27 years$1,341$998$731$528$378$88
28 years$1,279$940$680$484$341$74
29 years$1,222$887$632$444$308$62
30 years$1,168$838$589$408$278$53
31 years$1,118$792$549$374$252$44
32 years$1,072$749$512$344$228$38
33 years$1,028$710$478$316$206$32
34 years$987$672$447$291$186$27
35 years$948$638$418$268$169$23
36 years$912$605$391$247$153$19
37 years$877$575$366$227$139$16
38 years$845$546$343$210$126$14
39 years$814$520$321$193$114$12
40 years$785$494$301$178$103$10
41 years$757$471$282$164$94$8
42 years$731$448$265$152$85$7
43 years$706$427$248$140$77$6
44 years$682$407$233$129$70$5
45 years$659$388$219$119$64$4
46 years$638$370$206$110$58$4
47 years$617$353$193$102$52$3
48 years$597$337$181$94$48$3
49 years$578$322$171$87$43$2
50 years$560$308$160$80$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $574,000, adding $2,626 every year, while hoping to spend $20,799 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: 78/7/15 Blend
39$574,000$574,000$574,000$574,000
40$635,257$604,835$595,938$682,601
41$677,923$612,342$593,772$721,677
42$724,244$619,519$590,836$761,626
43$774,571$626,330$587,083$804,866
44$829,289$632,732$582,462$851,719
45$888,824$638,683$576,922$902,538
46$953,642$644,136$570,407$957,713
47$1,024,257$649,043$562,859$1,017,673
48$1,101,236$653,350$554,219$1,082,891
49$1,185,200$657,003$544,424$1,153,890
50$1,276,835$659,940$533,407$1,231,242
51$1,376,895$662,101$521,099$1,315,581
52$1,486,211$663,416$507,428$1,407,606
53$1,605,697$663,816$492,319$1,508,085
54$1,736,359$663,224$475,693$1,617,864
55$1,879,305$661,559$457,466$1,737,879
56$2,035,755$658,737$437,552$1,869,158
57$2,207,053$654,666$415,862$2,012,835
58$2,394,679$649,251$392,299$2,170,161
59$2,600,262$642,390$366,767$2,342,514
60$2,825,595$633,974$339,161$2,531,411
61$3,072,657$623,889$309,373$2,738,527
62$3,343,622$612,014$277,291$2,965,707
63$3,640,888$598,219$242,797$3,214,982
64$3,967,097$582,370$205,769$3,488,596
65$4,325,156$564,322$166,078$3,789,016
66$4,718,270$543,921$123,589$4,118,965
67$5,149,968$521,008$78,164$4,481,444
68$5,624,138$495,410$29,655$4,879,759
69$6,145,062$466,948$0$5,317,555
70$6,717,460$435,430$0$5,802,388
71$7,346,529$400,653$0$6,340,442
72$8,037,995$362,406$0$6,931,872
73$8,798,167$320,461$0$7,582,083
74$9,633,996$274,579$0$8,297,034
75$10,553,140$224,510$0$9,083,286
76$11,564,036$169,987$0$9,948,074
77$12,675,979$110,727$0$10,899,366
78$13,899,212$46,436$0$11,945,944
79$15,245,017$0$0$13,097,485
80$16,725,830$0$0$14,366,437
81$18,355,349$0$0$15,766,778
82$20,148,669$0$0$17,307,906
83$22,122,421$0$0$19,004,115
84$24,294,932$0$0$20,871,158
85$26,686,393$0$0$22,926,391
86$29,319,055$0$0$25,188,938
87$32,217,433$0$0$27,679,873
88$35,408,543$0$0$30,422,416
89$38,922,152$0$0$33,442,153
90$42,791,060$0$0$36,767,278
91$47,051,410$0$0$40,428,857
92$51,743,029$0$0$44,461,123
93$56,909,803$0$0$48,901,800
94$62,600,091$0$0$53,792,453
95$68,867,182$0$0$59,178,886
96$75,769,795$0$0$65,111,574
97$83,372,636$0$0$71,646,133
98$91,747,009$0$0$78,843,853
99$100,971,484$0$0$86,772,269
100$111,132,643$0$0$95,505,803