Can I retire at age 40 with 633,000?

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 $633,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$52,273$51,807$51,353$50,909$50,476$48,998
2 years$25,877$25,396$24,928$24,476$24,036$22,559
3 years$17,080$16,596$16,130$15,682$15,250$13,819
4 years$12,683$12,200$11,739$11,298$10,876$9,504
5 years$10,045$9,565$9,110$8,678$8,268$6,958
6 years$8,287$7,811$7,362$6,940$6,542$5,295
7 years$7,031$6,559$6,118$5,706$5,320$4,137
8 years$6,090$5,622$5,188$4,786$4,414$3,292
9 years$5,359$4,895$4,469$4,077$3,717$2,657
10 years$4,774$4,315$3,896$3,514$3,167$2,167
11 years$4,296$3,841$3,430$3,058$2,724$1,782
12 years$3,897$3,448$3,044$2,683$2,360$1,474
13 years$3,561$3,116$2,720$2,368$2,058$1,226
14 years$3,272$2,832$2,444$2,102$1,804$1,025
15 years$3,023$2,587$2,206$1,875$1,589$859
16 years$2,804$2,374$2,000$1,679$1,404$722
17 years$2,612$2,186$1,820$1,508$1,245$608
18 years$2,441$2,020$1,662$1,359$1,107$514
19 years$2,289$1,872$1,521$1,228$987$434
20 years$2,151$1,740$1,396$1,112$881$368
21 years$2,027$1,621$1,284$1,010$789$312
22 years$1,915$1,513$1,183$918$707$265
23 years$1,812$1,415$1,093$836$635$225
24 years$1,718$1,326$1,011$763$570$191
25 years$1,632$1,244$936$696$513$162
26 years$1,552$1,169$868$637$462$138
27 years$1,479$1,100$806$583$417$118
28 years$1,411$1,037$749$534$376$100
29 years$1,348$978$697$490$340$85
30 years$1,289$924$650$449$307$73
31 years$1,233$873$606$413$277$62
32 years$1,182$826$565$379$251$53
33 years$1,134$782$528$349$227$45
34 years$1,088$742$493$321$206$38
35 years$1,046$703$461$295$186$33
36 years$1,005$668$431$272$169$28
37 years$967$634$403$251$153$24
38 years$932$603$378$231$139$20
39 years$898$573$354$213$126$17
40 years$865$545$332$197$114$15
41 years$835$519$311$181$103$13
42 years$806$494$292$167$94$11
43 years$778$471$274$154$85$9
44 years$752$449$257$143$77$8
45 years$727$428$241$132$70$7
46 years$703$408$227$122$64$6
47 years$680$390$213$112$58$5
48 years$659$372$200$104$53$4
49 years$638$355$188$96$48$4
50 years$618$339$177$89$43$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $633,000, adding $5,626 every year, while hoping to spend $31,387 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: 71/21/8 Blend
39$633,000$633,000$633,000$633,000
40$703,369$669,820$660,009$751,959
41$741,717$669,246$648,723$784,251
42$782,925$667,591$636,008$815,167
43$827,251$664,771$621,782$848,143
44$874,979$660,693$605,960$883,375
45$926,420$655,260$588,453$921,078
46$981,918$648,371$569,169$961,490
47$1,041,847$639,915$548,010$1,004,874
48$1,106,623$629,778$524,876$1,051,518
49$1,176,699$617,838$499,659$1,101,743
50$1,252,574$603,964$472,250$1,155,901
51$1,334,798$588,019$442,532$1,214,384
52$1,423,974$569,859$410,383$1,277,621
53$1,520,767$549,329$375,678$1,346,088
54$1,625,906$526,267$338,284$1,420,310
55$1,740,195$500,501$298,064$1,500,864
56$1,864,517$471,848$254,871$1,588,392
57$1,999,845$440,116$208,557$1,683,600
58$2,147,249$405,102$158,963$1,787,265
59$2,307,906$366,589$105,926$1,900,249
60$2,483,112$324,351$49,274$2,023,502
61$2,674,292$278,147$0$2,158,071
62$2,883,016$227,722$0$2,306,068
63$3,111,013$172,810$0$2,472,366
64$3,360,184$113,125$0$2,654,180
65$3,632,623$48,369$0$2,853,083
66$3,930,637$0$0$3,070,809
67$4,256,764$0$0$3,314,303
68$4,613,801$0$0$3,593,143
69$5,004,824$0$0$3,898,559
70$5,433,225$0$0$4,233,203
71$5,902,737$0$0$4,599,995
72$6,417,472$0$0$5,002,154
73$6,981,958$0$0$5,443,221
74$7,601,185$0$0$5,927,098
75$8,280,644$0$0$6,458,084
76$9,026,389$0$0$7,040,913
77$9,845,086$0$0$7,680,800
78$10,744,076$0$0$8,383,489
79$11,731,450$0$0$9,155,309
80$12,816,117$0$0$10,003,230
81$14,007,894$0$0$10,934,933
82$15,317,595$0$0$11,958,878
83$16,757,133$0$0$13,084,385
84$18,339,635$0$0$14,321,724
85$20,079,560$0$0$15,682,208
86$21,992,840$0$0$17,178,300
87$24,097,027$0$0$18,823,734
88$26,411,460$0$0$20,633,640
89$28,957,446$0$0$22,624,687
90$31,758,461$0$0$24,815,243
91$34,840,372$0$0$27,225,545
92$38,231,677$0$0$29,877,891
93$41,963,780$0$0$32,796,850
94$46,071,280$0$0$36,009,492
95$50,592,302$0$0$39,545,645
96$55,568,853$0$0$43,438,177
97$61,047,220$0$0$47,723,301
98$67,078,407$0$0$52,440,922
99$73,718,613$0$0$57,635,011
100$81,029,763$0$0$63,354,018