Can I retire at age 40 with 360,000?

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 $360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$29,728$29,464$29,205$28,953$28,707$28,419
2 years$14,717$14,443$14,177$13,920$13,670$13,380
3 years$9,714$9,439$9,174$8,919$8,673$8,390
4 years$7,213$6,938$6,676$6,425$6,186$5,911
5 years$5,713$5,440$5,181$4,935$4,702$4,438
6 years$4,713$4,442$4,187$3,947$3,721$3,467
7 years$3,999$3,730$3,479$3,245$3,026$2,782
8 years$3,464$3,198$2,951$2,722$2,510$2,277
9 years$3,048$2,784$2,542$2,319$2,114$1,891
10 years$2,715$2,454$2,216$1,999$1,801$1,588
11 years$2,443$2,185$1,951$1,739$1,549$1,346
12 years$2,217$1,961$1,731$1,526$1,342$1,149
13 years$2,025$1,772$1,547$1,347$1,171$987
14 years$1,861$1,611$1,390$1,196$1,026$852
15 years$1,719$1,471$1,255$1,066$904$738
16 years$1,595$1,350$1,138$955$799$642
17 years$1,486$1,243$1,035$858$708$560
18 years$1,388$1,149$945$773$630$489
19 years$1,302$1,065$865$699$561$429
20 years$1,224$989$794$633$501$377
21 years$1,153$922$730$574$449$331
22 years$1,089$860$673$522$402$292
23 years$1,031$805$621$475$361$257
24 years$977$754$575$434$324$227
25 years$928$707$532$396$292$200
26 years$883$665$494$362$263$177
27 years$841$626$458$331$237$157
28 years$802$590$426$304$214$139
29 years$766$556$397$278$193$123
30 years$733$525$369$256$175$109
31 years$701$497$344$235$158$97
32 years$672$470$321$216$143$86
33 years$645$445$300$198$129$76
34 years$619$422$280$183$117$67
35 years$595$400$262$168$106$60
36 years$572$380$245$155$96$53
37 years$550$361$229$143$87$47
38 years$530$343$215$131$79$42
39 years$510$326$201$121$72$37
40 years$492$310$189$112$65$33
41 years$475$295$177$103$59$29
42 years$458$281$166$95$53$26
43 years$443$268$156$88$48$23
44 years$428$255$146$81$44$21
45 years$414$243$137$75$40$18
46 years$400$232$129$69$36$16
47 years$387$222$121$64$33$15
48 years$375$212$114$59$30$13
49 years$363$202$107$55$27$12
50 years$351$193$101$50$25$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $360,000, adding $5,295 every year, while hoping to spend $22,619 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: 60/13/27 Blend
39$360,000$360,000$360,000$360,000
40$402,182$383,102$377,522$423,093
41$419,138$377,807$366,102$432,658
42$437,065$371,495$353,542$440,205
43$456,040$364,092$339,779$447,960
44$476,143$355,520$324,749$455,951
45$497,464$345,695$308,383$464,206
46$520,102$334,531$290,610$472,758
47$544,164$321,934$271,357$481,645
48$569,767$307,807$250,546$490,910
49$597,039$292,046$228,096$500,601
50$626,122$274,541$203,922$510,772
51$657,169$255,176$177,935$521,485
52$690,349$233,828$150,045$532,809
53$725,847$210,369$120,154$544,822
54$763,866$184,659$88,162$557,611
55$804,629$156,556$53,964$571,275
56$848,379$125,905$17,449$585,923
57$895,384$92,545$0$601,679
58$945,939$56,305$0$624,879
59$1,000,366$17,005$0$655,247
60$1,059,019$0$0$687,958
61$1,122,289$0$0$726,896
62$1,190,602$0$0$771,587
63$1,264,429$0$0$819,909
64$1,344,287$0$0$872,203
65$1,430,744$0$0$928,844
66$1,524,423$0$0$990,244
67$1,626,011$0$0$1,056,856
68$1,736,263$0$0$1,129,180
69$1,856,010$0$0$1,207,763
70$1,986,164$0$0$1,293,209
71$2,127,731$0$0$1,386,181
72$2,281,815$0$0$1,487,410
73$2,449,632$0$0$1,597,700
74$2,632,522$0$0$1,717,933
75$2,831,957$0$0$1,849,085
76$3,049,559$0$0$1,992,226
77$3,287,111$0$0$2,148,535
78$3,546,578$0$0$2,319,310
79$3,830,123$0$0$2,505,981
80$4,140,125$0$0$2,710,120
81$4,479,207$0$0$2,933,460
82$4,850,254$0$0$3,177,908
83$5,256,444$0$0$3,445,565
84$5,701,276$0$0$3,738,743
85$6,188,605$0$0$4,059,990
86$6,722,673$0$0$4,412,111
87$7,308,156$0$0$4,798,195
88$7,950,201$0$0$5,221,646
89$8,654,478$0$0$5,686,210
90$9,427,232$0$0$6,196,017
91$10,275,342$0$0$6,755,613
92$11,206,384$0$0$7,370,007
93$12,228,706$0$0$8,044,718
94$13,351,502$0$0$8,785,822
95$14,584,901$0$0$9,600,016
96$15,940,060$0$0$10,494,676
97$17,429,271$0$0$11,477,928
98$19,066,076$0$0$12,558,726
99$20,865,395$0$0$13,746,930
100$22,843,663$0$0$15,053,410