Can I retire at age 40 with 334,000?

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 $334,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$27,581$27,336$27,096$26,862$26,634$25,658
2 years$13,654$13,400$13,153$12,914$12,683$11,711
3 years$9,012$8,757$8,511$8,274$8,046$7,109
4 years$6,692$6,437$6,194$5,961$5,739$4,842
5 years$5,300$5,047$4,807$4,579$4,363$3,510
6 years$4,372$4,121$3,885$3,662$3,452$2,643
7 years$3,710$3,461$3,228$3,010$2,807$2,043
8 years$3,214$2,967$2,738$2,525$2,329$1,608
9 years$2,828$2,583$2,358$2,151$1,961$1,282
10 years$2,519$2,277$2,056$1,854$1,671$1,033
11 years$2,267$2,027$1,810$1,614$1,437$839
12 years$2,056$1,819$1,606$1,415$1,245$686
13 years$1,879$1,644$1,435$1,250$1,086$563
14 years$1,727$1,494$1,289$1,109$952$464
15 years$1,595$1,365$1,164$989$838$384
16 years$1,480$1,253$1,055$886$741$318
17 years$1,378$1,154$960$796$657$265
18 years$1,288$1,066$877$717$584$220
19 years$1,208$988$803$648$521$184
20 years$1,135$918$737$587$465$153
21 years$1,070$855$678$533$416$128
22 years$1,010$798$624$484$373$107
23 years$956$747$577$441$335$90
24 years$907$699$533$402$301$75
25 years$861$656$494$367$271$63
26 years$819$617$458$336$244$53
27 years$780$581$425$308$220$44
28 years$744$547$395$282$198$37
29 years$711$516$368$258$179$31
30 years$680$487$343$237$162$26
31 years$651$461$320$218$146$22
32 years$624$436$298$200$132$18
33 years$598$413$278$184$120$15
34 years$574$391$260$169$108$13
35 years$552$371$243$156$98$11
36 years$530$352$227$144$89$9
37 years$510$335$213$132$81$8
38 years$492$318$199$122$73$6
39 years$474$302$187$112$66$5
40 years$457$288$175$104$60$5
41 years$441$274$164$96$55$4
42 years$425$261$154$88$50$3
43 years$411$248$145$82$45$3
44 years$397$237$136$75$41$2
45 years$384$226$127$69$37$2
46 years$371$215$120$64$34$2
47 years$359$206$112$59$31$1
48 years$348$196$106$55$28$1
49 years$337$187$99$51$25$1
50 years$326$179$93$47$23$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $334,000, adding $4,472 every year, while hoping to spend $20,192 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: 41/35/24 Blend
39$334,000$334,000$334,000$334,000
40$372,681$354,979$349,802$385,171
41$389,210$350,889$340,036$390,464
42$406,749$345,921$329,266$393,938
43$425,378$340,013$317,438$397,299
44$445,188$333,094$304,493$400,547
45$466,275$325,094$290,372$403,684
46$488,747$315,936$275,011$406,717
47$512,721$305,538$258,346$409,651
48$538,326$293,817$240,307$412,496
49$565,701$280,679$220,824$415,264
50$595,001$266,031$199,820$417,973
51$626,395$249,771$177,218$420,641
52$660,068$231,790$152,935$423,293
53$696,224$211,977$126,888$425,957
54$735,086$190,211$98,986$428,670
55$776,899$166,366$69,136$431,471
56$821,933$140,308$37,242$434,410
57$870,482$111,895$3,202$437,542
58$922,872$80,979$0$440,935
59$979,459$47,401$0$453,145
60$1,040,635$10,994$0$467,205
61$1,106,831$0$0$482,424
62$1,178,521$0$0$509,890
63$1,256,225$0$0$544,287
64$1,340,516$0$0$581,637
65$1,432,023$0$0$622,225
66$1,531,440$0$0$666,363
67$1,639,528$0$0$714,393
68$1,757,125$0$0$766,695
69$1,885,153$0$0$823,684
70$2,024,627$0$0$885,817
71$2,176,665$0$0$953,599
72$2,342,494$0$0$1,027,583
73$2,523,468$0$0$1,108,380
74$2,721,075$0$0$1,196,662
75$2,936,955$0$0$1,293,169
76$3,172,912$0$0$1,398,714
77$3,430,933$0$0$1,514,195
78$3,713,205$0$0$1,640,598
79$4,022,137$0$0$1,779,011
80$4,360,381$0$0$1,930,631
81$4,730,857$0$0$2,096,776
82$5,136,782$0$0$2,278,898
83$5,581,698$0$0$2,478,597
84$6,069,505$0$0$2,697,633
85$6,604,501$0$0$2,937,947
86$7,191,417$0$0$3,201,676
87$7,835,467$0$0$3,491,172
88$8,542,391$0$0$3,809,030
89$9,318,514$0$0$4,158,104
90$10,170,803$0$0$4,541,541
91$11,106,931$0$0$4,962,807
92$12,135,355$0$0$5,425,720
93$13,265,386$0$0$5,934,487
94$14,507,285$0$0$6,493,741
95$15,872,357$0$0$7,108,588
96$17,373,053$0$0$7,784,652
97$19,023,095$0$0$8,528,131
98$20,837,598$0$0$9,345,853
99$22,833,215$0$0$10,245,340
100$25,028,296$0$0$11,234,880