Can I retire at age 40 with 377,000?

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 $377,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$31,132$30,855$30,584$30,320$30,063$29,861
2 years$15,412$15,125$14,847$14,577$14,315$14,112
3 years$10,173$9,884$9,607$9,340$9,082$8,883
4 years$7,553$7,266$6,991$6,729$6,478$6,285
5 years$5,982$5,697$5,426$5,168$4,924$4,738
6 years$4,935$4,652$4,385$4,133$3,896$3,717
7 years$4,188$3,907$3,644$3,398$3,169$2,996
8 years$3,627$3,349$3,090$2,851$2,629$2,463
9 years$3,192$2,916$2,662$2,428$2,214$2,055
10 years$2,843$2,570$2,320$2,093$1,886$1,735
11 years$2,558$2,288$2,043$1,822$1,622$1,478
12 years$2,321$2,053$1,813$1,598$1,406$1,268
13 years$2,121$1,856$1,620$1,411$1,226$1,094
14 years$1,949$1,687$1,455$1,252$1,075$949
15 years$1,800$1,541$1,314$1,117$946$827
16 years$1,670$1,414$1,191$1,000$836$723
17 years$1,556$1,302$1,084$898$741$634
18 years$1,454$1,203$990$810$659$558
19 years$1,363$1,115$906$732$588$492
20 years$1,281$1,036$831$663$525$434
21 years$1,207$965$765$601$470$384
22 years$1,140$901$705$547$421$340
23 years$1,079$843$651$498$378$302
24 years$1,023$789$602$454$340$268
25 years$972$741$557$415$306$238
26 years$925$696$517$379$275$212
27 years$881$655$480$347$248$189
28 years$840$618$446$318$224$168
29 years$803$583$415$292$202$150
30 years$767$550$387$268$183$134
31 years$735$520$361$246$165$119
32 years$704$492$337$226$149$107
33 years$675$466$314$208$135$95
34 years$648$442$294$191$122$85
35 years$623$419$274$176$111$76
36 years$599$398$257$162$101$68
37 years$576$378$240$149$91$61
38 years$555$359$225$138$83$54
39 years$535$341$211$127$75$49
40 years$515$325$198$117$68$43
41 years$497$309$185$108$62$39
42 years$480$294$174$100$56$35
43 years$464$280$163$92$51$31
44 years$448$267$153$85$46$28
45 years$433$255$144$78$42$25
46 years$419$243$135$72$38$22
47 years$405$232$127$67$34$20
48 years$392$222$119$62$31$18
49 years$380$212$112$57$28$16
50 years$368$202$105$53$26$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $377,000, adding $2,040 every year, while hoping to spend $22,264 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: 76/14/10 Blend
39$377,000$377,000$377,000$377,000
40$417,558$397,577$391,734$448,403
41$436,460$393,370$381,168$464,787
42$456,545$388,210$369,502$479,709
43$477,907$382,028$356,676$495,435
44$500,655$374,748$342,626$512,036
45$524,905$366,294$327,287$529,590
46$550,783$356,580$310,588$548,185
47$578,429$345,519$292,459$567,918
48$607,996$333,017$272,824$588,894
49$639,652$318,975$251,604$611,233
50$673,581$303,289$228,717$635,064
51$709,984$285,847$204,077$660,531
52$749,082$266,534$177,594$687,792
53$791,119$245,225$149,174$717,024
54$836,362$221,789$118,719$748,421
55$885,102$196,088$86,127$782,197
56$937,661$167,975$51,292$818,589
57$994,394$137,297$14,101$857,859
58$1,055,687$103,890$0$900,296
59$1,121,969$67,582$0$948,950
60$1,193,707$28,190$0$1,003,226
61$1,271,417$0$0$1,062,023
62$1,355,666$0$0$1,128,015
63$1,447,077$0$0$1,204,341
64$1,546,336$0$0$1,287,232
65$1,654,196$0$0$1,377,320
66$1,771,487$0$0$1,475,299
67$1,899,122$0$0$1,581,932
68$2,038,104$0$0$1,698,061
69$2,189,539$0$0$1,824,610
70$2,354,642$0$0$1,962,598
71$2,534,750$0$0$2,113,145
72$2,731,338$0$0$2,277,484
73$2,946,027$0$0$2,456,972
74$3,180,600$0$0$2,653,105
75$3,437,023$0$0$2,867,527
76$3,717,460$0$0$3,102,051
77$4,024,291$0$0$3,358,669
78$4,360,141$0$0$3,639,580
79$4,727,896$0$0$3,947,200
80$5,130,738$0$0$4,284,194
81$5,572,168$0$0$4,653,494
82$6,056,044$0$0$5,058,331
83$6,586,614$0$0$5,502,261
84$7,168,557$0$0$5,989,204
85$7,807,027$0$0$6,523,476
86$8,507,700$0$0$7,109,829
87$9,276,829$0$0$7,753,500
88$10,121,301$0$0$8,460,257
89$11,048,704$0$0$9,236,455
90$12,067,395$0$0$10,089,092
91$13,186,582$0$0$11,025,879
92$14,416,408$0$0$12,055,311
93$15,768,047$0$0$13,186,747
94$17,253,811$0$0$14,430,495
95$18,887,261$0$0$15,797,915
96$20,683,340$0$0$17,301,520
97$22,658,510$0$0$18,955,097
98$24,830,911$0$0$20,773,837
99$27,220,525$0$0$22,774,477
100$29,849,371$0$0$24,975,455