Can I retire at age 40 with 329,000?

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 $329,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$27,169$26,927$26,690$26,460$26,235$25,355
2 years$13,450$13,199$12,957$12,721$12,493$11,615
3 years$8,877$8,626$8,384$8,151$7,926$7,077
4 years$6,592$6,341$6,101$5,872$5,653$4,840
5 years$5,221$4,971$4,735$4,510$4,297$3,523
6 years$4,307$4,059$3,826$3,607$3,400$2,665
7 years$3,654$3,409$3,180$2,965$2,765$2,069
8 years$3,165$2,922$2,697$2,488$2,294$1,636
9 years$2,785$2,544$2,323$2,119$1,932$1,311
10 years$2,481$2,243$2,025$1,827$1,646$1,062
11 years$2,233$1,997$1,783$1,590$1,416$867
12 years$2,026$1,792$1,582$1,394$1,227$712
13 years$1,851$1,619$1,414$1,231$1,070$588
14 years$1,701$1,472$1,270$1,093$938$488
15 years$1,571$1,345$1,147$975$826$406
16 years$1,458$1,234$1,040$873$730$338
17 years$1,358$1,136$946$784$647$283
18 years$1,269$1,050$864$707$575$237
19 years$1,189$973$791$638$513$199
20 years$1,118$904$726$578$458$167
21 years$1,054$842$667$525$410$140
22 years$995$786$615$477$367$118
23 years$942$735$568$435$330$99
24 years$893$689$525$396$296$84
25 years$848$647$486$362$267$71
26 years$807$608$451$331$240$59
27 years$769$572$419$303$217$50
28 years$733$539$389$278$195$42
29 years$700$508$362$255$177$36
30 years$670$480$338$234$159$30
31 years$641$454$315$215$144$25
32 years$614$429$294$197$130$22
33 years$589$407$274$181$118$18
34 years$566$385$256$167$107$15
35 years$543$366$240$154$97$13
36 years$523$347$224$141$88$11
37 years$503$330$210$130$79$9
38 years$484$313$196$120$72$8
39 years$467$298$184$111$65$7
40 years$450$283$172$102$59$6
41 years$434$270$162$94$54$5
42 years$419$257$152$87$49$4
43 years$405$245$142$80$44$3
44 years$391$233$134$74$40$3
45 years$378$222$125$68$36$2
46 years$366$212$118$63$33$2
47 years$354$203$111$58$30$2
48 years$342$193$104$54$27$1
49 years$332$185$98$50$25$1
50 years$321$176$92$46$23$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $329,000, adding $4,437 every year, while hoping to spend $21,197 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: 66/9/25 Blend
39$329,000$329,000$329,000$329,000
40$367,135$349,698$344,598$388,708
41$382,029$344,280$333,589$398,358
42$397,732$337,885$321,500$406,109
43$414,304$330,445$308,274$414,101
44$431,811$321,884$293,848$422,359
45$450,323$312,124$278,160$430,911
46$469,919$301,082$261,142$439,789
47$490,685$288,669$242,724$449,028
48$512,713$274,792$222,833$458,669
49$536,105$259,352$201,394$468,756
50$560,973$242,245$178,325$479,340
51$587,438$223,361$153,545$490,478
52$615,633$202,582$126,966$502,234
53$645,706$179,787$98,497$514,679
54$677,815$154,843$68,043$527,891
55$712,135$127,614$35,506$541,961
56$748,860$97,954$783$556,988
57$788,200$65,710$0$573,082
58$830,385$30,718$0$600,044
59$875,669$0$0$629,187
60$924,331$0$0$661,199
61$976,676$0$0$698,921
62$1,033,039$0$0$739,554
63$1,093,788$0$0$783,367
64$1,159,329$0$0$830,653
65$1,230,104$0$0$881,734
66$1,306,603$0$0$936,965
67$1,389,363$0$0$996,737
68$1,478,972$0$0$1,061,478
69$1,576,081$0$0$1,131,660
70$1,681,401$0$0$1,207,800
71$1,795,718$0$0$1,290,468
72$1,919,894$0$0$1,380,293
73$2,054,878$0$0$1,477,963
74$2,201,714$0$0$1,584,236
75$2,361,549$0$0$1,699,949
76$2,535,649$0$0$1,826,019
77$2,725,403$0$0$1,963,457
78$2,932,343$0$0$2,113,377
79$3,158,152$0$0$2,277,002
80$3,404,685$0$0$2,455,681
81$3,673,983$0$0$2,650,898
82$3,968,293$0$0$2,864,285
83$4,290,089$0$0$3,097,643
84$4,642,094$0$0$3,352,951
85$5,027,309$0$0$3,632,390
86$5,449,034$0$0$3,938,361
87$5,910,907$0$0$4,273,508
88$6,416,932$0$0$4,640,744
89$6,971,520$0$0$5,043,274
90$7,579,527$0$0$5,484,632
91$8,246,305$0$0$5,968,707
92$8,977,744$0$0$6,499,784
93$9,780,334$0$0$7,082,582
94$10,661,225$0$0$7,722,300
95$11,628,291$0$0$8,424,664
96$12,690,206$0$0$9,195,982
97$13,856,524$0$0$10,043,202
98$15,137,773$0$0$10,973,979
99$16,545,547$0$0$11,996,747
100$18,092,621$0$0$13,120,794