Can I retire at age 40 with 352,000?

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 $352,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$29,068$28,809$28,556$28,310$28,069$27,799
2 years$14,390$14,122$13,862$13,610$13,366$13,094
3 years$9,498$9,229$8,970$8,720$8,480$8,215
4 years$7,053$6,784$6,528$6,283$6,048$5,791
5 years$5,586$5,319$5,066$4,826$4,598$4,350
6 years$4,608$4,343$4,094$3,859$3,638$3,400
7 years$3,910$3,647$3,402$3,173$2,959$2,730
8 years$3,387$3,127$2,885$2,662$2,454$2,236
9 years$2,980$2,722$2,485$2,267$2,067$1,858
10 years$2,655$2,400$2,167$1,954$1,761$1,561
11 years$2,389$2,136$1,907$1,701$1,515$1,324
12 years$2,167$1,917$1,693$1,492$1,313$1,131
13 years$1,980$1,733$1,512$1,317$1,145$972
14 years$1,820$1,575$1,359$1,169$1,003$839
15 years$1,681$1,439$1,227$1,043$883$728
16 years$1,559$1,320$1,112$934$781$633
17 years$1,453$1,216$1,012$839$692$553
18 years$1,358$1,123$924$756$616$484
19 years$1,273$1,041$846$683$549$424
20 years$1,196$967$776$619$490$373
21 years$1,127$901$714$561$439$328
22 years$1,065$841$658$510$393$289
23 years$1,008$787$608$465$353$255
24 years$955$737$562$424$317$225
25 years$908$692$520$387$285$199
26 years$863$650$483$354$257$176
27 years$822$612$448$324$232$156
28 years$785$577$417$297$209$138
29 years$749$544$388$272$189$123
30 years$717$514$361$250$171$109
31 years$686$486$337$230$154$96
32 years$657$459$314$211$140$86
33 years$630$435$293$194$126$76
34 years$605$412$274$178$114$68
35 years$581$391$256$164$104$60
36 years$559$371$240$151$94$53
37 years$538$353$224$139$85$47
38 years$518$335$210$128$77$42
39 years$499$319$197$118$70$37
40 years$481$303$185$109$63$33
41 years$464$289$173$101$58$30
42 years$448$275$162$93$52$26
43 years$433$262$152$86$47$23
44 years$418$250$143$79$43$21
45 years$404$238$134$73$39$19
46 years$391$227$126$68$35$17
47 years$378$217$118$63$32$15
48 years$366$207$111$58$29$13
49 years$355$198$105$53$27$12
50 years$344$189$98$49$24$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $352,000, adding $5,806 every year, while hoping to spend $26,595 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: 56/17/27 Blend
39$352,000$352,000$352,000$352,000
40$393,893$375,237$369,781$412,735
41$405,773$365,327$353,872$416,413
42$417,974$354,039$336,538$417,159
43$430,499$341,280$317,705$417,427
44$443,354$326,946$297,292$417,178
45$456,542$310,932$275,217$416,374
46$470,066$293,125$251,393$414,972
47$483,928$273,404$225,730$412,926
48$498,131$251,642$198,134$410,190
49$512,675$227,707$168,506$406,712
50$527,560$201,457$136,744$402,438
51$542,785$172,743$102,739$397,312
52$558,348$141,406$66,379$391,272
53$574,244$107,279$27,547$384,254
54$590,469$70,187$0$376,188
55$607,014$29,944$0$371,005
56$623,871$0$0$373,353
57$641,028$0$0$377,796
58$658,471$0$0$387,999
59$676,183$0$0$398,352
60$694,143$0$0$408,839
61$712,329$0$0$419,447
62$730,713$0$0$430,157
63$749,262$0$0$440,949
64$767,939$0$0$451,801
65$786,703$0$0$462,683
66$805,504$0$0$473,568
67$824,288$0$0$484,418
68$842,990$0$0$495,196
69$861,542$0$0$505,856
70$879,861$0$0$516,348
71$897,858$0$0$526,615
72$915,431$0$0$536,594
73$932,464$0$0$546,213
74$948,831$0$0$555,392
75$964,386$0$0$564,042
76$978,969$0$0$572,062
77$992,401$0$0$579,341
78$1,004,480$0$0$585,753
79$1,014,983$0$0$591,159
80$1,023,661$0$0$595,406
81$1,030,237$0$0$598,319
82$1,034,401$0$0$599,709
83$1,035,811$0$0$599,362
84$1,034,085$0$0$597,042
85$1,028,802$0$0$592,486
86$1,019,490$0$0$585,404
87$1,005,630$0$0$575,472
88$986,644$0$0$562,334
89$961,892$0$0$545,593
90$930,665$0$0$524,811
91$892,179$0$0$499,500
92$845,565$0$0$469,125
93$789,862$0$0$433,090
94$724,006$0$0$390,736
95$646,819$0$0$341,337
96$557,003$0$0$284,088
97$453,117$0$0$218,099
98$333,573$0$0$142,388
99$196,614$0$0$55,868
100$40,299$0$0$0