Can I retire at age 40 with 613,000?

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 $613,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$50,621$50,170$49,730$49,301$48,881$47,584
2 years$25,060$24,593$24,141$23,702$23,277$21,979
3 years$16,541$16,072$15,621$15,186$14,768$13,510
4 years$12,282$11,815$11,368$10,941$10,533$9,324
5 years$9,727$9,263$8,822$8,404$8,007$6,851
6 years$8,025$7,564$7,129$6,720$6,335$5,234
7 years$6,809$6,352$5,925$5,525$5,152$4,105
8 years$5,898$5,445$5,025$4,635$4,274$3,281
9 years$5,189$4,741$4,328$3,948$3,600$2,659
10 years$4,623$4,179$3,773$3,403$3,067$2,178
11 years$4,160$3,720$3,322$2,962$2,638$1,799
12 years$3,774$3,339$2,948$2,598$2,286$1,495
13 years$3,448$3,017$2,634$2,294$1,993$1,250
14 years$3,169$2,743$2,366$2,036$1,747$1,049
15 years$2,927$2,506$2,137$1,816$1,538$884
16 years$2,716$2,299$1,937$1,626$1,360$747
17 years$2,530$2,117$1,763$1,461$1,206$632
18 years$2,364$1,956$1,609$1,316$1,072$537
19 years$2,216$1,813$1,473$1,190$955$456
20 years$2,083$1,685$1,352$1,077$853$389
21 years$1,963$1,569$1,243$978$764$331
22 years$1,854$1,465$1,146$889$685$283
23 years$1,755$1,370$1,058$810$615$241
24 years$1,664$1,284$979$738$552$206
25 years$1,580$1,205$906$674$497$176
26 years$1,503$1,132$841$617$448$151
27 years$1,432$1,066$781$564$404$129
28 years$1,366$1,004$726$517$364$111
29 years$1,305$947$675$474$329$95
30 years$1,248$895$629$435$297$81
31 years$1,194$846$586$400$269$70
32 years$1,145$800$547$367$243$60
33 years$1,098$758$511$338$220$51
34 years$1,054$718$477$311$199$44
35 years$1,013$681$446$286$180$38
36 years$974$647$417$263$163$32
37 years$937$614$391$243$148$28
38 years$902$584$366$224$134$24
39 years$869$555$343$206$122$20
40 years$838$528$321$190$110$17
41 years$809$503$301$176$100$15
42 years$780$479$283$162$91$13
43 years$754$456$265$150$83$11
44 years$728$435$249$138$75$9
45 years$704$415$234$128$68$8
46 years$681$395$220$118$62$7
47 years$659$377$206$109$56$6
48 years$638$360$194$101$51$5
49 years$618$344$182$93$46$4
50 years$599$329$171$86$42$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $613,000, adding $2,273 every year, while hoping to spend $31,035 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: 58/13/29 Blend
39$613,000$613,000$613,000$613,000
40$677,871$645,382$635,880$711,685
41$713,992$643,984$624,161$733,731
42$752,758$641,478$611,009$754,303
43$794,406$637,777$596,344$776,103
44$839,194$632,787$580,081$799,258
45$887,410$626,411$562,131$823,912
46$939,366$618,545$542,403$850,224
47$995,406$609,079$520,798$878,368
48$1,055,910$597,897$497,218$908,542
49$1,121,293$584,874$471,555$940,961
50$1,192,012$569,880$443,699$975,869
51$1,268,570$552,776$413,535$1,013,532
52$1,351,517$533,416$380,942$1,054,246
53$1,441,463$511,644$345,794$1,098,343
54$1,539,073$487,296$307,959$1,146,185
55$1,645,083$460,198$267,301$1,198,178
56$1,760,301$430,167$223,674$1,254,771
57$1,885,614$397,007$176,930$1,316,459
58$2,022,001$360,515$126,912$1,383,793
59$2,170,537$320,472$73,455$1,457,381
60$2,332,406$276,649$16,390$1,537,899
61$2,508,911$228,804$0$1,626,092
62$2,701,485$176,681$0$1,736,558
63$2,911,706$120,008$0$1,862,747
64$3,141,312$58,500$0$2,000,652
65$3,392,215$0$0$2,151,455
66$3,666,521$0$0$2,317,621
67$3,966,547$0$0$2,508,571
68$4,294,846$0$0$2,717,566
69$4,654,229$0$0$2,946,402
70$5,047,790$0$0$3,197,056
71$5,478,937$0$0$3,471,705
72$5,951,424$0$0$3,772,748
73$6,469,384$0$0$4,102,826
74$7,037,369$0$0$4,464,847
75$7,660,395$0$0$4,862,016
76$8,343,984$0$0$5,297,861
77$9,094,218$0$0$5,776,269
78$9,917,800$0$0$6,301,524
79$10,822,111$0$0$6,878,340
80$11,815,281$0$0$7,511,915
81$12,906,267$0$0$8,207,972
82$14,104,938$0$0$8,972,817
83$15,422,164$0$0$9,813,396
84$16,869,920$0$0$10,737,363
85$18,461,400$0$0$11,753,149
86$20,211,139$0$0$12,870,044
87$22,135,153$0$0$14,098,281
88$24,251,084$0$0$15,449,136
89$26,578,371$0$0$16,935,032
90$29,138,432$0$0$18,569,658
91$31,954,866$0$0$20,368,094
92$35,053,671$0$0$22,346,957
93$38,463,496$0$0$24,524,555
94$42,215,905$0$0$26,921,062
95$46,345,677$0$0$29,558,705
96$50,891,135$0$0$32,461,976
97$55,894,502$0$0$35,657,862
98$61,402,305$0$0$39,176,098
99$67,465,812$0$0$43,049,450
100$74,141,510$0$0$47,314,022