Can I retire at age 40 with 273,000?

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 $273,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$22,544$22,343$22,147$21,956$21,769$21,551
2 years$11,160$10,953$10,751$10,556$10,366$10,146
3 years$7,366$7,158$6,957$6,763$6,577$6,362
4 years$5,470$5,262$5,063$4,873$4,691$4,483
5 years$4,332$4,125$3,929$3,743$3,566$3,365
6 years$3,574$3,369$3,175$2,993$2,821$2,629
7 years$3,032$2,829$2,639$2,461$2,295$2,110
8 years$2,627$2,425$2,238$2,064$1,904$1,727
9 years$2,311$2,111$1,927$1,758$1,603$1,434
10 years$2,059$1,861$1,680$1,516$1,366$1,205
11 years$1,853$1,657$1,479$1,319$1,175$1,021
12 years$1,681$1,487$1,313$1,157$1,018$872
13 years$1,536$1,344$1,173$1,021$888$748
14 years$1,411$1,221$1,054$907$778$646
15 years$1,304$1,116$952$809$685$560
16 years$1,209$1,024$863$724$606$487
17 years$1,127$943$785$651$537$425
18 years$1,053$871$717$586$477$371
19 years$987$807$656$530$426$325
20 years$928$750$602$480$380$286
21 years$874$699$554$435$340$251
22 years$826$652$510$396$305$221
23 years$782$610$471$361$274$195
24 years$741$572$436$329$246$172
25 years$704$537$404$300$221$152
26 years$670$504$374$275$199$134
27 years$638$475$348$251$180$119
28 years$608$447$323$230$162$105
29 years$581$422$301$211$146$93
30 years$556$398$280$194$132$83
31 years$532$377$261$178$120$73
32 years$510$356$244$164$108$65
33 years$489$337$228$150$98$58
34 years$469$320$213$138$89$51
35 years$451$303$199$127$80$45
36 years$434$288$186$117$73$40
37 years$417$273$174$108$66$36
38 years$402$260$163$100$60$32
39 years$387$247$153$92$54$28
40 years$373$235$143$85$49$25
41 years$360$224$134$78$45$22
42 years$348$213$126$72$40$20
43 years$336$203$118$67$37$18
44 years$324$194$111$62$33$16
45 years$314$185$104$57$30$14
46 years$303$176$98$52$27$12
47 years$293$168$92$48$25$11
48 years$284$160$86$45$23$10
49 years$275$153$81$41$21$9
50 years$267$146$76$38$19$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $273,000, adding $4,822 every year, while hoping to spend $20,160 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: 59/24/17 Blend
39$273,000$273,000$273,000$273,000
40$305,820$291,351$287,119$322,248
41$315,563$284,177$275,288$326,749
42$325,625$275,976$262,384$329,012
43$336,016$266,676$248,351$331,015
44$346,748$256,201$233,129$332,737
45$357,833$244,472$216,656$334,155
46$369,284$231,403$198,866$335,244
47$381,114$216,905$179,691$335,977
48$393,337$200,882$159,059$336,329
49$405,967$183,235$136,897$336,269
50$419,019$163,857$113,127$335,767
51$432,509$142,636$87,667$334,792
52$446,454$119,454$60,433$333,309
53$460,870$94,186$31,336$331,283
54$475,778$66,699$284$328,675
55$491,194$36,855$0$325,447
56$507,140$4,505$0$327,517
57$523,636$0$0$329,322
58$540,705$0$0$338,842
59$558,370$0$0$349,928
60$576,657$0$0$361,404
61$595,590$0$0$373,288
62$615,199$0$0$385,598
63$635,511$0$0$398,351
64$656,559$0$0$411,568
65$678,375$0$0$425,270
66$700,993$0$0$439,479
67$724,452$0$0$454,218
68$748,789$0$0$469,512
69$774,049$0$0$485,389
70$800,274$0$0$501,877
71$827,514$0$0$519,007
72$855,819$0$0$536,811
73$885,243$0$0$555,324
74$915,846$0$0$574,584
75$947,691$0$0$594,631
76$980,844$0$0$615,507
77$1,015,378$0$0$637,261
78$1,051,371$0$0$659,941
79$1,088,906$0$0$683,601
80$1,128,074$0$0$708,299
81$1,168,973$0$0$734,099
82$1,211,707$0$0$761,066
83$1,256,391$0$0$789,276
84$1,303,146$0$0$818,805
85$1,352,106$0$0$849,741
86$1,403,416$0$0$882,177
87$1,457,231$0$0$916,212
88$1,513,721$0$0$951,956
89$1,573,071$0$0$989,529
90$1,635,480$0$0$1,029,059
91$1,701,166$0$0$1,070,686
92$1,770,367$0$0$1,114,565
93$1,843,340$0$0$1,160,861
94$1,920,368$0$0$1,209,757
95$2,001,755$0$0$1,261,450
96$2,087,838$0$0$1,316,158
97$2,178,981$0$0$1,374,116
98$2,275,583$0$0$1,435,582
99$2,378,081$0$0$1,500,840
100$2,486,950$0$0$1,570,196