Can I retire at age 40 with 317,000?

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 $317,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$26,178$25,944$25,717$25,495$25,278$25,172
2 years$12,959$12,718$12,484$12,257$12,037$11,930
3 years$8,554$8,311$8,078$7,853$7,637$7,532
4 years$6,351$6,110$5,879$5,658$5,447$5,345
5 years$5,030$4,790$4,562$4,346$4,140$4,042
6 years$4,150$3,911$3,687$3,475$3,276$3,181
7 years$3,521$3,285$3,064$2,857$2,664$2,573
8 years$3,050$2,816$2,598$2,397$2,210$2,122
9 years$2,684$2,452$2,238$2,042$1,861$1,777
10 years$2,391$2,161$1,951$1,760$1,586$1,505
11 years$2,151$1,924$1,718$1,532$1,364$1,287
12 years$1,952$1,727$1,524$1,343$1,182$1,108
13 years$1,783$1,560$1,362$1,186$1,031$960
14 years$1,639$1,418$1,224$1,053$904$836
15 years$1,514$1,296$1,105$939$796$732
16 years$1,404$1,189$1,002$841$703$642
17 years$1,308$1,095$912$755$623$566
18 years$1,223$1,012$832$681$554$499
19 years$1,146$938$762$615$494$442
20 years$1,077$871$699$557$441$392
21 years$1,015$812$643$506$395$348
22 years$959$758$593$460$354$310
23 years$908$709$547$419$318$276
24 years$860$664$506$382$286$246
25 years$817$623$469$349$257$220
26 years$777$585$435$319$232$197
27 years$741$551$404$292$209$176
28 years$707$519$375$267$188$158
29 years$675$490$349$245$170$141
30 years$645$463$325$225$154$126
31 years$618$437$303$207$139$113
32 years$592$414$283$190$126$102
33 years$568$392$264$175$114$91
34 years$545$371$247$161$103$82
35 years$524$352$231$148$93$74
36 years$503$334$216$136$85$66
37 years$484$318$202$126$77$60
38 years$466$302$189$116$69$53
39 years$449$287$177$107$63$48
40 years$433$273$166$98$57$43
41 years$418$260$156$91$52$39
42 years$404$248$146$84$47$35
43 years$390$236$137$77$43$32
44 years$377$225$129$71$39$28
45 years$364$214$121$66$35$26
46 years$352$204$114$61$32$23
47 years$341$195$107$56$29$21
48 years$330$186$100$52$26$19
49 years$319$178$94$48$24$17
50 years$310$170$89$44$22$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $317,000, adding $6,530 every year, while hoping to spend $27,156 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: 30/49/21 Blend
39$317,000$317,000$317,000$317,000
40$356,070$339,269$334,355$364,256
41$363,495$326,999$316,662$358,760
42$370,768$313,218$297,467$349,971
43$377,843$297,823$276,689$339,945
44$384,672$280,705$254,247$328,593
45$391,198$261,750$230,054$315,818
46$397,360$240,835$204,021$301,518
47$403,088$217,833$176,052$285,584
48$408,303$192,607$146,050$267,898
49$412,920$165,014$113,912$248,336
50$416,841$134,903$79,532$226,765
51$419,959$102,113$42,796$203,043
52$422,153$66,476$3,589$177,017
53$423,291$27,812$0$148,527
54$423,225$0$0$125,968
55$421,790$0$0$109,586
56$418,804$0$0$107,658
57$414,064$0$0$105,121
58$407,345$0$0$101,899
59$398,399$0$0$97,909
60$386,950$0$0$93,059
61$372,692$0$0$87,247
62$355,288$0$0$80,361
63$334,362$0$0$72,274
64$309,502$0$0$62,850
65$280,249$0$0$51,935
66$246,095$0$0$39,362
67$206,482$0$0$24,943
68$160,790$0$0$8,472
69$108,334$0$0$0
70$48,359$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0