Can I retire at age 40 with 369,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $369,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$30,472$30,200$29,935$29,677$29,425$29,154
2 years$15,085$14,804$14,532$14,268$14,012$13,739
3 years$9,957$9,675$9,403$9,141$8,890$8,623
4 years$7,393$7,112$6,843$6,586$6,340$6,082
5 years$5,855$5,576$5,310$5,059$4,820$4,571
6 years$4,831$4,553$4,292$4,045$3,814$3,574
7 years$4,099$3,824$3,566$3,326$3,102$2,872
8 years$3,550$3,278$3,025$2,790$2,573$2,353
9 years$3,124$2,854$2,605$2,377$2,167$1,956
10 years$2,783$2,515$2,271$2,049$1,846$1,645
11 years$2,504$2,239$1,999$1,783$1,588$1,396
12 years$2,272$2,010$1,774$1,564$1,376$1,193
13 years$2,076$1,816$1,585$1,381$1,200$1,026
14 years$1,908$1,651$1,424$1,226$1,052$887
15 years$1,762$1,508$1,286$1,093$926$770
16 years$1,635$1,384$1,166$979$818$670
17 years$1,523$1,274$1,061$879$726$585
18 years$1,423$1,178$969$792$645$512
19 years$1,334$1,091$887$716$575$450
20 years$1,254$1,014$814$649$514$395
21 years$1,182$945$749$589$460$348
22 years$1,116$882$690$535$412$307
23 years$1,056$825$637$487$370$271
24 years$1,002$773$589$445$332$240
25 years$951$725$546$406$299$212
26 years$905$682$506$371$270$188
27 years$862$641$470$340$243$166
28 years$822$604$437$311$219$148
29 years$786$570$407$285$198$131
30 years$751$538$379$262$179$116
31 years$719$509$353$241$162$103
32 years$689$482$329$221$146$92
33 years$661$456$308$203$132$81
34 years$634$432$287$187$120$72
35 years$610$410$269$172$109$64
36 years$586$389$251$159$98$57
37 years$564$370$235$146$89$51
38 years$543$351$220$135$81$45
39 years$523$334$206$124$73$40
40 years$504$318$193$115$66$36
41 years$487$303$181$106$60$32
42 years$470$288$170$98$55$28
43 years$454$275$160$90$50$25
44 years$438$262$150$83$45$23
45 years$424$250$141$77$41$20
46 years$410$238$132$71$37$18
47 years$397$227$124$66$34$16
48 years$384$217$117$61$31$14
49 years$372$207$110$56$28$13
50 years$360$198$103$52$25$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $369,000, adding $2,174 every year, while hoping to spend $29,665 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: 47/45/8 Blend
39$369,000$369,000$369,000$369,000
40$408,880$389,323$383,604$427,109
41$419,023$376,837$364,891$427,378
42$429,206$362,744$344,558$424,390
43$439,402$346,936$322,517$420,461
44$449,580$329,295$298,681$415,511
45$459,704$309,698$272,954$409,457
46$469,737$288,015$245,240$402,208
47$479,631$264,109$215,437$393,668
48$489,337$237,834$183,438$383,733
49$498,798$209,036$149,131$372,293
50$507,949$177,553$112,401$359,227
51$516,719$143,213$73,126$344,407
52$525,029$105,835$31,180$327,697
53$532,787$65,226$0$308,948
54$539,894$21,185$0$289,160
55$546,239$0$0$269,921
56$551,695$0$0$261,517
57$556,125$0$0$263,048
58$559,374$0$0$263,943
59$561,269$0$0$264,113
60$561,620$0$0$263,457
61$560,215$0$0$261,866
62$556,818$0$0$259,215
63$551,167$0$0$255,369
64$542,973$0$0$250,176
65$531,914$0$0$243,470
66$517,634$0$0$235,065
67$499,739$0$0$224,756
68$477,791$0$0$212,315
69$451,308$0$0$197,491
70$419,754$0$0$180,006
71$382,538$0$0$159,552
72$339,004$0$0$135,789
73$288,430$0$0$108,341
74$230,015$0$0$76,792
75$162,875$0$0$40,684
76$86,032$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$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