Can I retire at age 40 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$52,520$52,052$51,596$51,151$50,716$49,490
2 years$26,000$25,516$25,047$24,592$24,150$22,922
3 years$17,161$16,675$16,207$15,756$15,322$14,131
4 years$12,743$12,258$11,794$11,351$10,928$9,782
5 years$10,092$9,610$9,153$8,719$8,307$7,210
6 years$8,326$7,848$7,397$6,973$6,573$5,527
7 years$7,065$6,590$6,147$5,733$5,346$4,349
8 years$6,119$5,649$5,213$4,809$4,435$3,488
9 years$5,384$4,919$4,490$4,096$3,735$2,837
10 years$4,796$4,335$3,914$3,531$3,182$2,333
11 years$4,316$3,860$3,446$3,073$2,737$1,934
12 years$3,916$3,464$3,058$2,695$2,372$1,614
13 years$3,578$3,131$2,733$2,380$2,068$1,355
14 years$3,288$2,846$2,455$2,112$1,813$1,142
15 years$3,037$2,600$2,217$1,884$1,596$966
16 years$2,818$2,385$2,010$1,687$1,411$820
17 years$2,624$2,197$1,829$1,516$1,251$697
18 years$2,453$2,030$1,669$1,366$1,112$594
19 years$2,299$1,881$1,528$1,234$991$508
20 years$2,162$1,748$1,403$1,118$885$434
21 years$2,037$1,628$1,290$1,014$792$372
22 years$1,924$1,520$1,189$922$710$319
23 years$1,821$1,422$1,098$840$638$273
24 years$1,726$1,332$1,015$766$573$235
25 years$1,640$1,250$940$700$516$202
26 years$1,560$1,175$872$640$465$173
27 years$1,486$1,106$810$586$419$149
28 years$1,418$1,042$753$537$378$128
29 years$1,354$983$701$492$341$111
30 years$1,295$928$653$452$308$95
31 years$1,239$877$608$415$279$82
32 years$1,188$830$568$381$252$71
33 years$1,139$786$530$350$228$61
34 years$1,093$745$495$322$207$52
35 years$1,051$707$463$297$187$45
36 years$1,010$671$433$273$170$39
37 years$972$637$405$252$154$34
38 years$936$605$380$232$139$29
39 years$902$576$356$214$126$25
40 years$870$548$333$197$115$22
41 years$839$521$313$182$104$19
42 years$810$497$293$168$94$16
43 years$782$473$275$155$86$14
44 years$756$451$258$143$78$12
45 years$731$430$243$132$71$10
46 years$707$410$228$122$64$9
47 years$684$392$214$113$58$8
48 years$662$374$201$104$53$7
49 years$641$357$189$96$48$6
50 years$621$341$178$89$44$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $636,000, adding $4,603 every year, while hoping to spend $32,421 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: 46/40/14 Blend
39$636,000$636,000$636,000$636,000
40$705,620$671,912$662,054$735,082
41$743,098$670,340$649,737$754,433
42$783,311$667,604$635,921$771,748
43$826,506$663,614$620,521$789,822
44$872,950$658,272$603,449$808,736
45$922,939$651,475$584,613$828,584
46$976,797$643,115$563,916$849,470
47$1,034,879$633,077$541,256$871,513
48$1,097,577$621,238$516,528$894,844
49$1,165,320$607,469$489,622$919,610
50$1,238,581$591,633$460,422$945,976
51$1,317,877$573,584$428,807$974,128
52$1,403,780$553,169$394,652$1,004,271
53$1,496,916$530,225$357,823$1,036,637
54$1,597,976$504,580$318,185$1,071,482
55$1,707,718$476,053$275,592$1,109,096
56$1,826,976$444,450$229,896$1,149,797
57$1,956,668$409,569$180,938$1,193,944
58$2,097,804$371,193$128,555$1,241,934
59$2,251,494$329,097$72,576$1,294,210
60$2,418,963$283,038$12,823$1,351,267
61$2,601,554$232,764$0$1,413,652
62$2,800,749$178,006$0$1,489,585
63$3,018,177$118,481$0$1,574,674
64$3,255,634$53,889$0$1,667,785
65$3,515,094$0$0$1,769,786
66$3,798,731$0$0$1,888,720
67$4,108,940$0$0$2,044,807
68$4,448,356$0$0$2,215,664
69$4,819,882$0$0$2,402,761
70$5,226,715$0$0$2,607,715
71$5,672,373$0$0$2,832,311
72$6,160,734$0$0$3,078,513
73$6,696,065$0$0$3,348,481
74$7,283,068$0$0$3,644,600
75$7,926,922$0$0$3,969,491
76$8,633,330$0$0$4,326,045
77$9,408,574$0$0$4,717,446
78$10,259,574$0$0$5,147,198
79$11,193,953$0$0$5,619,166
80$12,220,108$0$0$6,137,603
81$13,347,288$0$0$6,707,197
82$14,585,684$0$0$7,333,112
83$15,946,521$0$0$8,021,037
84$17,442,165$0$0$8,777,238
85$19,086,242$0$0$9,608,620
86$20,893,761$0$0$10,522,791
87$22,881,260$0$0$11,528,130
88$25,066,959$0$0$12,633,873
89$27,470,931$0$0$13,850,193
90$30,115,293$0$0$15,188,299
91$33,024,413$0$0$16,660,541
92$36,225,140$0$0$18,280,527
93$39,747,057$0$0$20,063,252
94$43,622,758$0$0$22,025,235
95$47,888,159$0$0$24,184,679
96$52,582,830$0$0$26,561,642
97$57,750,375$0$0$29,178,224
98$63,438,839$0$0$32,058,778
99$69,701,161$0$0$35,230,135
100$76,595,674$0$0$38,721,864