Can I retire at age 40 with 363,000?

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 $363,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$29,976$29,709$29,449$29,194$28,946$28,824
2 years$14,840$14,563$14,295$14,036$13,784$13,661
3 years$9,795$9,517$9,250$8,993$8,745$8,625
4 years$7,273$6,996$6,732$6,479$6,237$6,120
5 years$5,760$5,485$5,224$4,976$4,741$4,628
6 years$4,752$4,479$4,222$3,980$3,752$3,643
7 years$4,032$3,761$3,508$3,272$3,051$2,946
8 years$3,493$3,224$2,975$2,745$2,531$2,430
9 years$3,073$2,807$2,563$2,338$2,132$2,035
10 years$2,738$2,475$2,234$2,015$1,816$1,724
11 years$2,463$2,203$1,967$1,754$1,562$1,474
12 years$2,235$1,977$1,746$1,538$1,354$1,269
13 years$2,042$1,787$1,560$1,358$1,180$1,100
14 years$1,877$1,624$1,401$1,206$1,035$958
15 years$1,733$1,484$1,265$1,075$911$838
16 years$1,608$1,361$1,147$963$805$735
17 years$1,498$1,254$1,044$865$714$648
18 years$1,400$1,158$953$780$635$572
19 years$1,312$1,074$872$704$566$506
20 years$1,234$998$801$638$505$449
21 years$1,163$929$736$579$452$399
22 years$1,098$867$679$526$405$355
23 years$1,039$811$627$479$364$316
24 years$985$760$580$437$327$282
25 years$936$713$537$399$294$252
26 years$890$670$498$365$265$225
27 years$848$631$462$334$239$201
28 years$809$595$430$306$216$180
29 years$773$561$400$281$195$162
30 years$739$530$372$258$176$145
31 years$707$501$347$237$159$130
32 years$678$474$324$218$144$117
33 years$650$449$303$200$130$105
34 years$624$425$283$184$118$94
35 years$600$403$264$169$107$84
36 years$577$383$247$156$97$76
37 years$555$364$231$144$88$68
38 years$534$346$217$133$80$61
39 years$515$329$203$122$72$55
40 years$496$313$190$113$65$50
41 years$479$298$178$104$59$45
42 years$462$283$167$96$54$40
43 years$446$270$157$89$49$36
44 years$431$257$147$82$44$32
45 years$417$245$138$76$40$29
46 years$403$234$130$70$37$26
47 years$390$223$122$64$33$24
48 years$378$213$115$60$30$21
49 years$366$204$108$55$27$19
50 years$354$195$101$51$25$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $363,000, adding $3,809 every year, while hoping to spend $25,274 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: 36/48/16 Blend
39$363,000$363,000$363,000$363,000
40$403,955$384,716$379,089$416,398
41$418,267$376,676$364,898$417,702
42$433,192$367,394$349,383$416,440
43$448,765$356,785$332,475$414,537
44$465,026$344,754$314,100$411,951
45$482,015$331,203$294,179$408,635
46$499,779$316,030$272,632$404,542
47$518,365$299,124$249,374$399,622
48$537,827$280,370$224,316$393,823
49$558,221$259,644$197,367$387,091
50$579,610$236,817$168,429$379,368
51$602,061$211,751$137,402$370,597
52$625,646$184,303$104,180$360,715
53$650,446$154,317$68,654$349,659
54$676,546$121,634$30,709$337,363
55$704,041$86,081$0$323,758
56$733,033$47,479$0$310,444
57$763,633$5,636$0$301,380
58$795,963$0$0$291,266
59$830,156$0$0$300,988
60$866,356$0$0$314,456
61$904,721$0$0$328,755
62$945,424$0$0$343,953
63$988,654$0$0$360,123
64$1,034,618$0$0$377,346
65$1,083,542$0$0$395,713
66$1,135,673$0$0$415,318
67$1,191,281$0$0$436,270
68$1,250,665$0$0$458,684
69$1,314,148$0$0$482,688
70$1,382,089$0$0$508,424
71$1,454,876$0$0$536,044
72$1,532,941$0$0$565,718
73$1,616,752$0$0$597,631
74$1,706,828$0$0$631,987
75$1,803,733$0$0$669,009
76$1,908,091$0$0$708,943
77$2,020,586$0$0$752,059
78$2,141,968$0$0$798,653
79$2,273,063$0$0$849,051
80$2,414,776$0$0$903,611
81$2,568,105$0$0$962,727
82$2,734,145$0$0$1,026,831
83$2,914,099$0$0$1,096,400
84$3,109,293$0$0$1,171,957
85$3,321,182$0$0$1,254,079
86$3,551,368$0$0$1,343,398
87$3,801,613$0$0$1,440,612
88$4,073,855$0$0$1,546,487
89$4,370,226$0$0$1,661,869
90$4,693,074$0$0$1,787,684
91$5,044,981$0$0$1,924,957
92$5,428,789$0$0$2,074,812
93$5,847,625$0$0$2,238,487
94$6,304,933$0$0$2,417,347
95$6,804,504$0$0$2,612,892
96$7,350,509$0$0$2,826,776
97$7,947,543$0$0$3,060,818
98$8,600,664$0$0$3,317,022
99$9,315,442$0$0$3,597,595
100$10,098,008$0$0$3,904,967