Can I retire at age 40 with 682,000?

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 $682,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$56,319$55,817$55,328$54,850$54,384$52,433
2 years$27,881$27,361$26,858$26,370$25,897$23,953
3 years$18,402$17,881$17,379$16,896$16,430$14,554
4 years$13,664$13,144$12,647$12,172$11,718$9,924
5 years$10,822$10,305$9,815$9,350$8,908$7,200
6 years$8,928$8,415$7,932$7,477$7,049$5,429
7 years$7,576$7,067$6,591$6,147$5,732$4,200
8 years$6,562$6,058$5,590$5,157$4,756$3,309
9 years$5,774$5,274$4,815$4,392$4,005$2,643
10 years$5,143$4,649$4,198$3,786$3,412$2,133
11 years$4,628$4,139$3,696$3,295$2,935$1,734
12 years$4,199$3,715$3,280$2,890$2,543$1,419
13 years$3,836$3,357$2,930$2,552$2,218$1,167
14 years$3,526$3,051$2,633$2,265$1,944$963
15 years$3,257$2,788$2,377$2,020$1,712$798
16 years$3,022$2,558$2,155$1,809$1,513$663
17 years$2,814$2,355$1,961$1,625$1,341$551
18 years$2,630$2,177$1,790$1,465$1,193$460
19 years$2,466$2,017$1,639$1,323$1,063$384
20 years$2,318$1,874$1,504$1,199$950$321
21 years$2,184$1,746$1,383$1,088$850$268
22 years$2,063$1,630$1,275$989$762$225
23 years$1,952$1,524$1,177$901$684$188
24 years$1,851$1,428$1,089$822$615$158
25 years$1,758$1,340$1,008$750$553$133
26 years$1,673$1,260$935$686$498$111
27 years$1,593$1,185$868$628$449$93
28 years$1,520$1,117$807$575$405$78
29 years$1,452$1,054$751$528$366$66
30 years$1,388$995$700$484$331$55
31 years$1,329$941$652$445$299$47
32 years$1,273$890$609$409$270$39
33 years$1,221$843$568$376$245$33
34 years$1,172$799$531$346$222$28
35 years$1,127$758$497$318$201$23
36 years$1,083$719$464$293$182$20
37 years$1,042$683$435$270$165$16
38 years$1,004$649$407$249$149$14
39 years$967$617$381$230$135$12
40 years$932$587$358$212$123$10
41 years$900$559$335$195$111$8
42 years$868$533$314$180$101$7
43 years$839$507$295$166$92$6
44 years$810$484$277$154$83$5
45 years$783$461$260$142$76$4
46 years$758$440$244$131$69$3
47 years$733$420$229$121$62$3
48 years$710$401$216$112$57$2
49 years$687$383$203$103$51$2
50 years$666$366$191$96$47$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $682,000, adding $2,794 every year, while hoping to spend $30,687 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: 29/44/27 Blend
39$682,000$682,000$682,000$682,000
40$754,446$718,300$707,729$769,959
41$798,749$720,846$698,787$784,936
42$846,542$722,488$688,517$798,164
43$898,149$723,150$676,843$811,768
44$953,926$722,750$663,682$825,802
45$1,014,263$721,201$648,952$840,327
46$1,079,590$718,413$632,565$855,415
47$1,150,380$714,286$614,427$871,144
48$1,227,151$708,719$594,443$887,607
49$1,310,475$701,601$572,512$904,908
50$1,400,980$692,816$548,527$923,163
51$1,499,357$682,241$522,380$942,507
52$1,606,366$669,745$493,954$963,089
53$1,722,843$655,190$463,129$985,081
54$1,849,709$638,430$429,780$1,008,673
55$1,987,976$619,310$393,774$1,034,080
56$2,138,758$597,664$354,974$1,061,545
57$2,303,282$573,321$313,236$1,091,339
58$2,482,898$546,095$268,411$1,123,768
59$2,679,093$515,793$220,342$1,159,173
60$2,893,502$482,208$168,865$1,197,937
61$3,127,927$445,124$113,810$1,240,486
62$3,384,351$404,310$54,997$1,287,300
63$3,664,957$359,524$0$1,338,912
64$3,972,150$310,508$0$1,398,155
65$4,308,578$256,992$0$1,480,510
66$4,677,157$198,688$0$1,570,916
67$5,081,097$135,294$0$1,670,258
68$5,523,936$66,491$0$1,779,520
69$6,009,568$0$0$1,899,788
70$6,542,284$0$0$2,036,172
71$7,126,808$0$0$2,221,254
72$7,768,346$0$0$2,424,503
73$8,472,631$0$0$2,647,748
74$9,245,979$0$0$2,893,006
75$10,095,345$0$0$3,162,499
76$11,028,395$0$0$3,458,675
77$12,053,571$0$0$3,784,228
78$13,180,173$0$0$4,142,130
79$14,418,449$0$0$4,535,654
80$15,779,686$0$0$4,968,404
81$17,276,322$0$0$5,444,353
82$18,922,059$0$0$5,967,878
83$20,731,993$0$0$6,543,801
84$22,722,757$0$0$7,177,435
85$24,912,676$0$0$7,874,634
86$27,321,941$0$0$8,641,847
87$29,972,798$0$0$9,486,183
88$32,889,759$0$0$10,415,471
89$36,099,832$0$0$11,438,339
90$39,632,775$0$0$12,564,296
91$43,521,377$0$0$13,803,817
92$47,801,767$0$0$15,168,445
93$52,513,755$0$0$16,670,898
94$57,701,207$0$0$18,325,194
95$63,412,456$0$0$20,146,774
96$69,700,764$0$0$22,152,656
97$76,624,816$0$0$24,361,591
98$84,249,280$0$0$26,794,243
99$92,645,416$0$0$29,473,381
100$101,891,742$0$0$32,424,093