Can I retire at age 40 with 375,000?

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 $375,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$30,967$30,691$30,422$30,160$29,903$28,957
2 years$15,330$15,045$14,768$14,500$14,240$13,295
3 years$10,119$9,832$9,556$9,290$9,034$8,121
4 years$7,513$7,227$6,954$6,693$6,443$5,568
5 years$5,951$5,666$5,397$5,141$4,898$4,064
6 years$4,909$4,627$4,361$4,111$3,876$3,082
7 years$4,165$3,886$3,624$3,380$3,152$2,400
8 years$3,608$3,331$3,074$2,835$2,615$1,903
9 years$3,175$2,900$2,647$2,415$2,202$1,530
10 years$2,828$2,556$2,308$2,082$1,876$1,243
11 years$2,545$2,276$2,032$1,812$1,614$1,018
12 years$2,309$2,043$1,803$1,589$1,398$839
13 years$2,109$1,846$1,611$1,403$1,219$695
14 years$1,939$1,678$1,448$1,245$1,069$579
15 years$1,791$1,533$1,307$1,111$941$483
16 years$1,661$1,406$1,185$995$832$404
17 years$1,547$1,295$1,078$894$738$339
18 years$1,446$1,197$984$805$656$285
19 years$1,356$1,109$901$728$585$240
20 years$1,275$1,031$827$659$522$202
21 years$1,201$960$761$598$467$171
22 years$1,134$896$701$544$419$144
23 years$1,074$838$647$495$376$122
24 years$1,018$785$599$452$338$103
25 years$967$737$554$413$304$87
26 years$920$693$514$377$274$74
27 years$876$652$478$345$247$63
28 years$836$614$444$316$223$53
29 years$798$579$413$290$201$45
30 years$763$547$385$266$182$38
31 years$731$517$359$245$164$32
32 years$700$489$335$225$149$27
33 years$672$464$313$207$135$23
34 years$645$439$292$190$122$20
35 years$619$417$273$175$110$17
36 years$596$396$255$161$100$14
37 years$573$376$239$149$91$12
38 years$552$357$224$137$82$10
39 years$532$339$210$126$74$9
40 years$513$323$197$116$68$7
41 years$495$307$184$107$61$6
42 years$477$293$173$99$56$5
43 years$461$279$162$92$50$5
44 years$446$266$152$84$46$4
45 years$431$254$143$78$42$3
46 years$417$242$134$72$38$3
47 years$403$231$126$67$34$2
48 years$390$220$119$62$31$2
49 years$378$210$111$57$28$2
50 years$366$201$105$53$26$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $375,000, adding $6,838 every year, while hoping to spend $20,631 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: 25/50/25 Blend
39$375,000$375,000$375,000$375,000
40$420,303$400,428$394,616$427,365
41$441,223$398,098$385,884$431,344
42$463,585$394,962$376,169$433,390
43$487,515$390,960$365,414$435,146
44$513,150$386,025$353,564$436,601
45$540,641$380,090$340,558$437,746
46$570,153$373,081$326,333$438,571
47$601,867$364,921$310,825$439,068
48$635,984$355,528$293,964$439,233
49$672,722$344,816$275,679$439,062
50$712,320$332,693$255,895$438,553
51$755,044$319,062$234,535$437,708
52$801,183$303,820$211,516$436,532
53$851,055$286,859$186,753$435,035
54$905,011$268,063$160,157$433,228
55$963,435$247,312$131,636$431,131
56$1,026,751$224,476$101,092$428,768
57$1,095,425$199,420$68,423$426,169
58$1,169,967$172,001$33,524$423,374
59$1,250,942$142,067$0$420,428
60$1,338,967$109,458$0$418,382
61$1,434,725$74,004$0$425,918
62$1,538,964$35,527$0$434,198
63$1,652,509$0$0$443,349
64$1,776,267$0$0$456,906
65$1,911,238$0$0$493,068
66$2,058,521$0$0$532,590
67$2,219,324$0$0$575,804
68$2,394,982$0$0$623,075
69$2,586,958$0$0$674,807
70$2,796,869$0$0$731,444
71$3,026,490$0$0$793,473
72$3,277,780$0$0$861,433
73$3,552,893$0$0$935,916
74$3,854,201$0$0$1,017,575
75$4,184,319$0$0$1,107,129
76$4,546,125$0$0$1,205,368
77$4,942,787$0$0$1,313,165
78$5,377,797$0$0$1,431,481
79$5,854,999$0$0$1,561,372
80$6,378,629$0$0$1,704,004
81$6,953,352$0$0$1,860,661
82$7,584,305$0$0$2,032,756
83$8,277,150$0$0$2,221,848
84$9,038,121$0$0$2,429,653
85$9,874,087$0$0$2,658,060
86$10,792,615$0$0$2,909,154
87$11,802,041$0$0$3,185,228
88$12,911,549$0$0$3,488,811
89$14,131,257$0$0$3,822,689
90$15,472,310$0$0$4,189,929
91$16,946,991$0$0$4,593,914
92$18,568,828$0$0$5,038,368
93$20,352,731$0$0$5,527,397
94$22,315,122$0$0$6,065,523
95$24,474,100$0$0$6,657,729
96$26,849,603$0$0$7,309,506
97$29,463,600$0$0$8,026,904
98$32,340,298$0$0$8,816,589
99$35,506,368$0$0$9,685,907
100$38,991,200$0$0$10,642,951