Can I retire at age 40 with 331,000?

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 $331,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$27,334$27,090$26,853$26,621$26,394$25,915
2 years$13,532$13,280$13,035$12,798$12,569$12,087
3 years$8,931$8,678$8,435$8,200$7,974$7,505
4 years$6,632$6,379$6,138$5,908$5,687$5,235
5 years$5,252$5,002$4,764$4,538$4,323$3,889
6 years$4,333$4,084$3,850$3,629$3,421$3,006
7 years$3,677$3,430$3,199$2,983$2,782$2,385
8 years$3,185$2,940$2,713$2,503$2,308$1,930
9 years$2,802$2,560$2,337$2,132$1,944$1,584
10 years$2,496$2,256$2,037$1,838$1,656$1,314
11 years$2,246$2,009$1,794$1,599$1,424$1,100
12 years$2,038$1,803$1,592$1,403$1,234$927
13 years$1,862$1,629$1,422$1,238$1,076$786
14 years$1,711$1,481$1,278$1,099$944$669
15 years$1,581$1,353$1,154$980$831$572
16 years$1,466$1,241$1,046$878$734$491
17 years$1,366$1,143$952$789$651$422
18 years$1,277$1,056$869$711$579$364
19 years$1,197$979$795$642$516$314
20 years$1,125$910$730$582$461$272
21 years$1,060$847$671$528$412$235
22 years$1,001$791$619$480$370$204
23 years$948$740$571$437$332$177
24 years$898$693$528$399$298$154
25 years$853$650$489$364$268$134
26 years$812$611$454$333$242$116
27 years$773$575$422$305$218$101
28 years$738$542$392$279$197$88
29 years$705$511$365$256$178$77
30 years$674$483$340$235$160$67
31 years$645$457$317$216$145$59
32 years$618$432$295$198$131$51
33 years$593$409$276$182$119$45
34 years$569$388$258$168$108$39
35 years$547$368$241$154$97$34
36 years$526$349$225$142$88$30
37 years$506$332$211$131$80$26
38 years$487$315$198$121$73$23
39 years$469$300$185$111$66$20
40 years$453$285$174$103$60$17
41 years$437$271$163$95$54$15
42 years$421$258$153$87$49$13
43 years$407$246$143$81$45$12
44 years$393$235$134$75$40$10
45 years$380$224$126$69$37$9
46 years$368$214$119$64$33$8
47 years$356$204$111$59$30$7
48 years$344$195$105$54$27$6
49 years$334$186$98$50$25$5
50 years$323$177$92$46$23$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $331,000, adding $6,479 every year, while hoping to spend $25,148 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: 62/27/11 Blend
39$331,000$331,000$331,000$331,000
40$371,445$353,902$348,772$393,136
41$382,575$344,486$333,698$399,041
42$393,998$333,766$317,277$402,009
43$405,716$321,651$299,436$404,626
44$417,733$308,045$280,101$406,856
45$430,050$292,848$259,193$408,665
46$442,670$275,952$236,630$410,013
47$455,592$257,244$212,328$410,860
48$468,818$236,604$186,196$411,161
49$482,345$213,905$158,141$410,869
50$496,171$189,014$128,066$409,933
51$510,294$161,789$95,870$408,301
52$524,708$132,081$61,445$405,913
53$539,407$99,731$24,682$402,709
54$554,382$64,574$0$398,623
55$569,623$26,432$0$395,291
56$585,118$0$0$394,133
57$600,851$0$0$396,604
58$616,804$0$0$407,065
59$632,957$0$0$417,649
60$649,284$0$0$428,338
61$665,757$0$0$439,112
62$682,343$0$0$449,948
63$699,004$0$0$460,819
64$715,697$0$0$471,696
65$732,373$0$0$482,545
66$748,976$0$0$493,327
67$765,442$0$0$503,997
68$781,699$0$0$514,507
69$797,668$0$0$524,800
70$813,257$0$0$534,815
71$828,364$0$0$544,481
72$842,875$0$0$553,718
73$856,661$0$0$562,439
74$869,580$0$0$570,546
75$881,471$0$0$577,927
76$892,155$0$0$584,461
77$901,434$0$0$590,010
78$909,085$0$0$594,422
79$914,861$0$0$597,527
80$918,487$0$0$599,137
81$919,658$0$0$599,042
82$918,034$0$0$597,010
83$913,239$0$0$592,781
84$904,853$0$0$586,070
85$892,414$0$0$576,558
86$875,407$0$0$563,893
87$853,263$0$0$547,685
88$825,349$0$0$527,501
89$790,967$0$0$502,863
90$749,344$0$0$473,241
91$699,622$0$0$438,049
92$640,855$0$0$396,638
93$571,994$0$0$348,291
94$491,882$0$0$292,216
95$399,237$0$0$227,536
96$292,643$0$0$153,282
97$170,536$0$0$68,383
98$31,188$0$0$0
99$0$0$0$0
100$0$0$0$0