Can I retire at age 40 with 378,000?

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 $378,000?

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$31,215$30,937$30,666$30,401$30,142$29,940
2 years$15,453$15,165$14,886$14,616$14,353$14,149
3 years$10,200$9,911$9,632$9,364$9,106$8,907
4 years$7,573$7,285$7,010$6,747$6,495$6,301
5 years$5,998$5,712$5,440$5,182$4,937$4,750
6 years$4,948$4,664$4,396$4,144$3,907$3,727
7 years$4,199$3,917$3,653$3,407$3,177$3,004
8 years$3,637$3,358$3,098$2,858$2,636$2,470
9 years$3,200$2,923$2,669$2,434$2,220$2,061
10 years$2,851$2,577$2,327$2,099$1,891$1,739
11 years$2,565$2,294$2,048$1,826$1,627$1,481
12 years$2,327$2,059$1,818$1,602$1,410$1,271
13 years$2,126$1,861$1,624$1,414$1,229$1,097
14 years$1,954$1,691$1,459$1,255$1,077$952
15 years$1,805$1,545$1,317$1,120$949$829
16 years$1,675$1,418$1,194$1,003$838$725
17 years$1,560$1,305$1,087$901$743$636
18 years$1,458$1,206$992$812$661$559
19 years$1,367$1,118$908$733$589$493
20 years$1,285$1,039$834$664$526$435
21 years$1,211$968$767$603$471$385
22 years$1,143$903$707$548$422$341
23 years$1,082$845$653$499$379$302
24 years$1,026$792$603$455$341$269
25 years$975$743$559$416$306$239
26 years$927$698$518$380$276$212
27 years$883$657$481$348$249$189
28 years$842$619$447$319$225$169
29 years$805$584$416$292$203$150
30 years$769$552$388$268$183$134
31 years$737$521$362$246$166$120
32 years$706$493$337$227$150$107
33 years$677$467$315$208$136$95
34 years$650$443$294$192$123$85
35 years$624$420$275$176$111$76
36 years$600$399$257$162$101$68
37 years$578$379$241$150$91$61
38 years$556$360$226$138$83$54
39 years$536$342$211$127$75$49
40 years$517$326$198$117$68$44
41 years$499$310$186$108$62$39
42 years$481$295$174$100$56$35
43 years$465$281$164$92$51$31
44 years$449$268$154$85$46$28
45 years$434$256$144$79$42$25
46 years$420$244$135$73$38$22
47 years$406$233$127$67$35$20
48 years$393$222$120$62$31$18
49 years$381$212$112$57$29$16
50 years$369$203$106$53$26$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $378,000, adding $2,682 every year, while hoping to spend $20,885 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: 33/49/18 Blend
39$378,000$378,000$378,000$378,000
40$419,322$399,288$393,429$430,743
41$439,872$396,632$384,388$436,760
42$461,817$393,146$374,343$441,125
43$485,279$388,766$363,240$445,386
44$510,390$383,428$351,021$449,548
45$537,293$377,059$337,623$453,615
46$566,148$369,586$322,985$457,594
47$597,128$360,929$307,039$461,497
48$630,426$351,006$289,715$465,336
49$666,250$339,726$270,941$469,128
50$704,832$326,996$250,642$472,897
51$746,423$312,717$228,737$476,666
52$791,302$296,784$205,143$480,469
53$839,774$279,086$179,775$484,343
54$892,175$259,505$152,541$488,332
55$948,873$237,917$123,347$492,490
56$1,010,274$214,191$92,095$496,879
57$1,076,823$188,187$58,681$501,569
58$1,149,010$159,760$22,998$506,644
59$1,227,374$128,753$0$512,198
60$1,312,509$95,004$0$521,240
61$1,405,065$58,340$0$535,898
62$1,505,760$18,577$0$551,920
63$1,615,384$0$0$569,491
64$1,734,804$0$0$602,022
65$1,864,977$0$0$648,451
66$2,006,954$0$0$699,145
67$2,161,892$0$0$754,523
68$2,331,067$0$0$815,047
69$2,515,880$0$0$881,227
70$2,717,877$0$0$953,624
71$2,938,756$0$0$1,032,854
72$3,180,390$0$0$1,119,597
73$3,444,840$0$0$1,214,602
74$3,734,375$0$0$1,318,693
75$4,051,495$0$0$1,432,777
76$4,398,952$0$0$1,557,855
77$4,779,777$0$0$1,695,027
78$5,197,308$0$0$1,845,506
79$5,655,223$0$0$2,010,627
80$6,157,570$0$0$2,191,864
81$6,708,810$0$0$2,390,834
82$7,313,856$0$0$2,609,326
83$7,978,121$0$0$2,849,303
84$8,707,565$0$0$3,112,935
85$9,508,757$0$0$3,402,606
86$10,388,930$0$0$3,720,946
87$11,356,055$0$0$4,070,852
88$12,418,912$0$0$4,455,516
89$13,587,173$0$0$4,878,452
90$14,871,494$0$0$5,343,535
91$16,283,617$0$0$5,855,031
92$17,836,476$0$0$6,417,644
93$19,544,323$0$0$7,036,553
94$21,422,859$0$0$7,717,467
95$23,489,383$0$0$8,466,674
96$25,762,957$0$0$9,291,105
97$28,264,581$0$0$10,198,393
98$31,017,396$0$0$11,196,952
99$34,046,897$0$0$12,296,051
100$37,381,178$0$0$13,505,905