Can I retire at age 40 with 576,000?

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 $576,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$47,566$47,142$46,728$46,325$45,931$45,004
2 years$23,547$23,109$22,684$22,272$21,872$20,942
3 years$15,542$15,102$14,678$14,270$13,876$12,972
4 years$11,541$11,101$10,682$10,280$9,897$9,026
5 years$9,140$8,704$8,289$7,896$7,523$6,688
6 years$7,540$7,107$6,699$6,315$5,953$5,154
7 years$6,398$5,969$5,567$5,192$4,841$4,079
8 years$5,542$5,116$4,721$4,355$4,016$3,291
9 years$4,876$4,455$4,066$3,710$3,382$2,693
10 years$4,344$3,926$3,545$3,198$2,882$2,227
11 years$3,909$3,496$3,121$2,783$2,479$1,858
12 years$3,546$3,137$2,770$2,441$2,148$1,561
13 years$3,240$2,835$2,475$2,155$1,873$1,319
14 years$2,978$2,577$2,224$1,913$1,642$1,119
15 years$2,750$2,354$2,008$1,706$1,446$954
16 years$2,552$2,160$1,820$1,528$1,278$815
17 years$2,377$1,989$1,656$1,373$1,133$698
18 years$2,221$1,838$1,512$1,237$1,007$600
19 years$2,083$1,704$1,384$1,118$898$516
20 years$1,958$1,583$1,270$1,012$802$445
21 years$1,845$1,475$1,168$919$718$384
22 years$1,742$1,376$1,077$835$643$331
23 years$1,649$1,287$994$761$577$287
24 years$1,564$1,206$920$694$519$248
25 years$1,485$1,132$852$634$467$215
26 years$1,413$1,064$790$579$421$186
27 years$1,346$1,001$734$530$379$161
28 years$1,284$943$682$486$342$140
29 years$1,226$890$635$446$309$122
30 years$1,172$841$591$409$279$106
31 years$1,122$795$551$376$252$92
32 years$1,075$752$514$345$228$80
33 years$1,032$712$480$317$207$69
34 years$990$675$449$292$187$60
35 years$951$640$419$269$169$52
36 years$915$608$392$248$154$45
37 years$880$577$367$228$139$40
38 years$848$548$344$210$126$34
39 years$817$521$322$194$114$30
40 years$787$496$302$179$104$26
41 years$760$472$283$165$94$23
42 years$733$450$266$152$85$20
43 years$708$429$249$141$78$17
44 years$684$408$234$130$70$15
45 years$662$390$220$120$64$13
46 years$640$372$206$111$58$11
47 years$619$355$194$102$53$10
48 years$599$339$182$95$48$9
49 years$580$323$171$87$43$7
50 years$562$309$161$81$39$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $576,000, adding $6,250 every year, while hoping to spend $27,057 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: 82/10/8 Blend
39$576,000$576,000$576,000$576,000
40$641,199$610,671$601,743$692,636
41$677,813$611,805$593,113$728,342
42$717,254$612,088$583,287$763,283
43$759,784$611,450$572,196$800,815
44$805,686$609,816$559,769$841,184
45$855,275$607,106$545,931$884,657
46$908,896$603,237$530,602$931,531
47$966,927$598,119$513,701$982,132
48$1,029,785$591,658$495,141$1,036,821
49$1,097,927$583,754$474,833$1,095,992
50$1,171,858$574,300$452,682$1,160,082
51$1,252,132$563,185$428,591$1,229,571
52$1,339,356$550,288$402,456$1,304,990
53$1,434,202$535,483$374,169$1,386,921
54$1,537,406$518,638$343,620$1,476,007
55$1,649,780$499,610$310,690$1,572,958
56$1,772,217$478,249$275,257$1,678,554
57$1,905,697$454,398$237,192$1,793,655
58$2,051,304$427,889$196,364$1,919,210
59$2,210,226$398,544$152,631$2,056,264
60$2,383,773$366,177$105,848$2,205,970
61$2,573,387$330,589$55,863$2,369,596
62$2,780,655$291,571$2,518$2,548,542
63$3,007,326$248,902$0$2,744,351
64$3,255,323$202,348$0$2,963,368
65$3,526,765$151,662$0$3,203,353
66$3,823,985$96,583$0$3,466,171
67$4,149,552$36,837$0$3,754,116
68$4,506,297$0$0$4,069,715
69$4,897,334$0$0$4,418,816
70$5,326,096$0$0$4,806,054
71$5,796,362$0$0$5,230,791
72$6,312,296$0$0$5,696,788
73$6,878,484$0$0$6,208,189
74$7,499,977$0$0$6,769,559
75$8,182,338$0$0$7,385,925
76$8,931,696$0$0$8,062,824
77$9,754,805$0$0$8,806,359
78$10,659,101$0$0$9,623,250
79$11,652,778$0$0$10,520,902
80$12,744,863$0$0$11,507,470
81$13,945,302$0$0$12,591,941
82$15,265,049$0$0$13,784,216
83$16,716,177$0$0$15,095,201
84$18,311,984$0$0$16,536,914
85$20,067,122$0$0$18,122,595
86$21,997,734$0$0$19,866,832
87$24,121,607$0$0$21,785,696
88$26,458,339$0$0$23,896,896
89$29,029,522$0$0$26,219,945
90$31,858,947$0$0$28,776,339
91$34,972,828$0$0$31,589,767
92$38,400,050$0$0$34,686,330
93$42,172,438$0$0$38,094,786
94$46,325,061$0$0$41,846,823
95$50,896,558$0$0$45,977,359
96$55,929,508$0$0$50,524,868
97$61,470,827$0$0$55,531,744
98$67,572,210$0$0$61,044,701
99$74,290,621$0$0$67,115,215
100$81,688,832$0$0$73,800,006