Can I retire at age 40 with 665,000?

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 $665,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$54,915$54,426$53,949$53,483$53,028$52,365
2 years$27,186$26,679$26,189$25,713$25,251$24,585
3 years$17,944$17,435$16,946$16,475$16,021$15,370
4 years$13,324$12,817$12,332$11,869$11,426$10,797
5 years$10,552$10,049$9,570$9,117$8,686$8,081
6 years$8,705$8,205$7,734$7,291$6,873$6,292
7 years$7,387$6,891$6,427$5,994$5,589$5,033
8 years$6,398$5,907$5,451$5,028$4,637$4,105
9 years$5,630$5,143$4,695$4,283$3,905$3,397
10 years$5,015$4,533$4,093$3,692$3,327$2,843
11 years$4,513$4,036$3,603$3,213$2,862$2,401
12 years$4,094$3,622$3,198$2,818$2,480$2,042
13 years$3,741$3,273$2,857$2,488$2,162$1,746
14 years$3,438$2,975$2,567$2,209$1,896$1,501
15 years$3,175$2,718$2,318$1,970$1,669$1,296
16 years$2,946$2,494$2,101$1,764$1,475$1,122
17 years$2,744$2,297$1,912$1,585$1,308$974
18 years$2,565$2,122$1,746$1,428$1,163$848
19 years$2,404$1,967$1,598$1,290$1,037$740
20 years$2,260$1,828$1,467$1,169$926$647
21 years$2,130$1,702$1,349$1,061$829$566
22 years$2,012$1,589$1,243$964$743$496
23 years$1,904$1,486$1,148$878$667$436
24 years$1,805$1,393$1,062$801$599$383
25 years$1,714$1,307$983$732$539$336
26 years$1,631$1,228$912$669$486$296
27 years$1,554$1,156$847$612$438$261
28 years$1,482$1,089$787$561$395$230
29 years$1,416$1,028$733$514$357$203
30 years$1,354$970$682$472$322$179
31 years$1,296$917$636$434$291$158
32 years$1,242$868$594$398$264$139
33 years$1,191$822$554$366$239$123
34 years$1,143$779$518$337$216$108
35 years$1,098$739$484$310$196$96
36 years$1,056$701$453$286$177$85
37 years$1,016$666$424$263$161$75
38 years$979$633$397$243$146$66
39 years$943$602$372$224$132$58
40 years$909$573$349$206$120$52
41 years$877$545$327$190$109$46
42 years$847$519$307$176$99$40
43 years$818$495$288$162$90$36
44 years$790$472$270$150$81$32
45 years$764$450$254$138$74$28
46 years$739$429$238$128$67$25
47 years$715$409$224$118$61$22
48 years$692$391$210$109$55$19
49 years$670$373$198$101$50$17
50 years$649$357$186$93$46$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $665,000, adding $5,757 every year, while hoping to spend $46,052 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: 86/6/8 Blend
39$665,000$665,000$665,000$665,000
40$738,768$703,523$693,216$801,186
41$765,124$688,997$667,440$828,246
42$792,624$672,215$639,256$851,066
43$821,337$653,019$608,537$874,679
44$851,337$631,241$575,146$899,132
45$882,702$606,701$538,943$924,478
46$915,520$579,211$499,779$950,774
47$949,882$548,572$457,502$978,085
48$985,891$514,572$411,948$1,006,478
49$1,023,654$476,989$362,951$1,036,030
50$1,063,292$435,586$310,335$1,066,823
51$1,104,932$390,114$253,915$1,098,950
52$1,148,714$340,309$193,501$1,132,510
53$1,194,792$285,893$128,892$1,167,614
54$1,243,330$226,571$59,879$1,204,384
55$1,294,508$162,032$0$1,242,953
56$1,348,525$91,948$0$1,284,643
57$1,405,593$15,972$0$1,333,972
58$1,465,947$0$0$1,386,022
59$1,529,842$0$0$1,445,385
60$1,597,557$0$0$1,509,419
61$1,669,397$0$0$1,577,358
62$1,745,694$0$0$1,649,516
63$1,826,813$0$0$1,726,240
64$1,913,153$0$0$1,807,906
65$2,005,150$0$0$1,894,928
66$2,103,281$0$0$1,987,759
67$2,208,070$0$0$2,086,895
68$2,320,091$0$0$2,192,878
69$2,439,971$0$0$2,306,305
70$2,568,402$0$0$2,427,829
71$2,706,138$0$0$2,558,166
72$2,854,010$0$0$2,698,102
73$3,012,928$0$0$2,848,501
74$3,183,891$0$0$3,010,309
75$3,367,998$0$0$3,184,566
76$3,566,453$0$0$3,372,414
77$3,780,580$0$0$3,575,107
78$4,011,834$0$0$3,794,025
79$4,261,814$0$0$4,030,682
80$4,532,276$0$0$4,286,742
81$4,825,151$0$0$4,564,035
82$5,142,563$0$0$4,864,574
83$5,486,847$0$0$5,190,570
84$5,860,569$0$0$5,544,457
85$6,266,553$0$0$5,928,911
86$6,707,907$0$0$6,346,875
87$7,188,047$0$0$6,801,588
88$7,710,734$0$0$7,296,612
89$8,280,103$0$0$7,835,868
90$8,900,709$0$0$8,423,671
91$9,577,562$0$0$9,064,769
92$10,316,177$0$0$9,764,389
93$11,122,624$0$0$10,528,283
94$12,003,586$0$0$11,362,783
95$12,966,419$0$0$12,274,862
96$14,019,223$0$0$13,272,195
97$15,170,916$0$0$14,363,232
98$16,431,315$0$0$15,557,280
99$17,811,234$0$0$16,864,584
100$19,322,578$0$0$18,296,427