Can I retire at age 40 with 333,000?

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 $333,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$27,499$27,254$27,015$26,782$26,554$26,387
2 years$13,613$13,360$13,114$12,876$12,645$12,476
3 years$8,985$8,731$8,486$8,250$8,022$7,857
4 years$6,672$6,418$6,175$5,943$5,722$5,562
5 years$5,284$5,032$4,792$4,565$4,349$4,195
6 years$4,359$4,109$3,873$3,651$3,442$3,293
7 years$3,699$3,451$3,218$3,001$2,799$2,656
8 years$3,204$2,958$2,729$2,518$2,322$2,185
9 years$2,819$2,575$2,351$2,145$1,955$1,824
10 years$2,511$2,270$2,050$1,849$1,666$1,540
11 years$2,260$2,021$1,804$1,609$1,433$1,313
12 years$2,050$1,814$1,601$1,411$1,242$1,127
13 years$1,873$1,639$1,431$1,246$1,083$974
14 years$1,721$1,490$1,286$1,106$949$845
15 years$1,590$1,361$1,161$986$836$737
16 years$1,475$1,249$1,052$883$739$645
17 years$1,374$1,150$958$794$655$566
18 years$1,284$1,063$874$715$582$498
19 years$1,204$985$800$646$519$439
20 years$1,132$915$734$585$464$388
21 years$1,067$853$675$531$415$343
22 years$1,007$796$623$483$372$304
23 years$953$744$575$440$334$270
24 years$904$697$532$401$300$240
25 years$859$654$492$366$270$214
26 years$817$615$457$335$243$190
27 years$778$579$424$307$219$170
28 years$742$545$394$281$198$151
29 years$709$515$367$258$179$135
30 years$678$486$342$236$161$120
31 years$649$459$319$217$146$108
32 years$622$435$297$200$132$96
33 years$596$412$278$183$119$86
34 years$572$390$259$169$108$77
35 years$550$370$242$155$98$69
36 years$529$351$227$143$89$62
37 years$509$334$212$132$80$55
38 years$490$317$199$122$73$49
39 years$472$301$186$112$66$44
40 years$455$287$175$103$60$40
41 years$439$273$164$95$54$35
42 years$424$260$154$88$49$32
43 years$409$248$144$81$45$28
44 years$396$236$135$75$41$25
45 years$382$225$127$69$37$23
46 years$370$215$119$64$34$20
47 years$358$205$112$59$30$18
48 years$347$196$105$55$28$16
49 years$336$187$99$50$25$15
50 years$325$179$93$47$23$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $333,000, adding $4,989 every year, while hoping to spend $26,212 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: 38/50/12 Blend
39$333,000$333,000$333,000$333,000
40$372,112$354,463$349,302$384,716
41$382,178$343,942$333,114$383,628
42$392,393$332,028$315,505$379,531
43$402,742$318,623$296,401$374,526
44$413,213$303,627$275,721$368,544
45$423,788$286,932$253,385$361,510
46$434,447$268,424$229,306$353,347
47$445,167$247,983$203,394$343,970
48$455,923$225,483$175,556$333,292
49$466,684$200,788$145,694$321,216
50$477,416$173,758$113,706$307,641
51$488,083$144,241$79,485$292,460
52$498,639$112,081$42,919$275,558
53$509,036$77,109$3,893$256,813
54$519,219$39,148$0$236,092
55$529,126$0$0$218,092
56$538,687$0$0$199,768
57$547,824$0$0$202,781
58$556,451$0$0$205,555
59$564,469$0$0$208,047
60$571,769$0$0$210,212
61$578,231$0$0$211,998
62$583,718$0$0$213,346
63$588,080$0$0$214,193
64$591,149$0$0$214,468
65$592,737$0$0$214,091
66$592,639$0$0$212,975
67$590,623$0$0$211,022
68$586,433$0$0$208,124
69$579,787$0$0$204,161
70$570,369$0$0$199,000
71$557,831$0$0$192,495
72$541,786$0$0$184,481
73$521,808$0$0$174,779
74$497,421$0$0$163,189
75$468,102$0$0$149,491
76$433,271$0$0$133,439
77$392,286$0$0$114,765
78$344,438$0$0$93,168
79$288,941$0$0$68,319
80$224,929$0$0$39,854
81$151,442$0$0$7,370
82$67,423$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