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%14.2%
1 years$31,215$30,937$30,666$30,401$30,142$29,619
2 years$15,453$15,165$14,886$14,616$14,353$13,828
3 years$10,200$9,911$9,632$9,364$9,106$8,595
4 years$7,573$7,285$7,010$6,747$6,495$6,001
5 years$5,998$5,712$5,440$5,182$4,937$4,463
6 years$4,948$4,664$4,396$4,144$3,907$3,453
7 years$4,199$3,917$3,653$3,407$3,177$2,743
8 years$3,637$3,358$3,098$2,858$2,636$2,222
9 years$3,200$2,923$2,669$2,434$2,220$1,826
10 years$2,851$2,577$2,327$2,099$1,891$1,517
11 years$2,565$2,294$2,048$1,826$1,627$1,271
12 years$2,327$2,059$1,818$1,602$1,410$1,073
13 years$2,126$1,861$1,624$1,414$1,229$911
14 years$1,954$1,691$1,459$1,255$1,077$776
15 years$1,805$1,545$1,317$1,120$949$665
16 years$1,675$1,418$1,194$1,003$838$571
17 years$1,560$1,305$1,087$901$743$492
18 years$1,458$1,206$992$812$661$424
19 years$1,367$1,118$908$733$589$367
20 years$1,285$1,039$834$664$526$318
21 years$1,211$968$767$603$471$276
22 years$1,143$903$707$548$422$239
23 years$1,082$845$653$499$379$208
24 years$1,026$792$603$455$341$181
25 years$975$743$559$416$306$158
26 years$927$698$518$380$276$138
27 years$883$657$481$348$249$120
28 years$842$619$447$319$225$105
29 years$805$584$416$292$203$91
30 years$769$552$388$268$183$80
31 years$737$521$362$246$166$70
32 years$706$493$337$227$150$61
33 years$677$467$315$208$136$53
34 years$650$443$294$192$123$47
35 years$624$420$275$176$111$41
36 years$600$399$257$162$101$36
37 years$578$379$241$150$91$31
38 years$556$360$226$138$83$27
39 years$536$342$211$127$75$24
40 years$517$326$198$117$68$21
41 years$499$310$186$108$62$18
42 years$481$295$174$100$56$16
43 years$465$281$164$92$51$14
44 years$449$268$154$85$46$12
45 years$434$256$144$79$42$11
46 years$420$244$135$73$38$9
47 years$406$233$127$67$35$8
48 years$393$222$120$62$31$7
49 years$381$212$112$57$29$6
50 years$369$203$106$53$26$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $378,000, adding $5,060 every year, while hoping to spend $25,026 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: 53/34/13 Blend
39$378,000$378,000$378,000$378,000
40$421,775$401,741$395,882$442,424
41$438,169$394,799$382,517$450,118
42$455,396$386,678$367,865$455,378
43$473,515$377,294$351,857$460,528
44$492,590$366,558$334,420$465,563
45$512,689$354,374$315,479$470,482
46$533,890$340,645$294,954$475,281
47$556,273$325,263$272,761$479,960
48$579,929$308,117$248,815$484,520
49$604,956$289,089$223,024$488,964
50$631,461$268,054$195,295$493,297
51$659,560$244,878$165,528$497,526
52$689,382$219,424$133,619$501,664
53$721,066$191,543$99,462$505,725
54$754,764$161,078$62,944$509,726
55$790,645$127,866$23,948$513,692
56$828,890$91,731$0$517,650
57$869,701$52,490$0$524,086
58$913,297$9,948$0$534,294
59$959,919$0$0$545,016
60$1,009,830$0$0$569,836
61$1,063,320$0$0$600,449
62$1,120,707$0$0$633,317
63$1,182,338$0$0$668,644
64$1,248,596$0$0$706,653
65$1,319,901$0$0$747,587
66$1,396,713$0$0$791,716
67$1,479,539$0$0$839,333
68$1,568,934$0$0$890,764
69$1,665,510$0$0$946,364
70$1,769,938$0$0$1,006,525
71$1,882,956$0$0$1,071,676
72$2,005,374$0$0$1,142,292
73$2,138,086$0$0$1,218,891
74$2,282,071$0$0$1,302,046
75$2,438,409$0$0$1,392,385
76$2,608,286$0$0$1,490,602
77$2,793,006$0$0$1,597,457
78$2,994,006$0$0$1,713,788
79$3,212,866$0$0$1,840,516
80$3,451,324$0$0$1,978,656
81$3,711,293$0$0$2,129,324
82$3,994,879$0$0$2,293,749
83$4,304,399$0$0$2,473,283
84$4,642,405$0$0$2,669,415
85$5,011,704$0$0$2,883,784
86$5,415,389$0$0$3,118,195
87$5,856,863$0$0$3,374,633
88$6,339,874$0$0$3,655,288
89$6,868,549$0$0$3,962,567
90$7,447,432$0$0$4,299,123
91$8,081,527$0$0$4,667,878
92$8,776,345$0$0$5,072,049
93$9,537,956$0$0$5,515,179
94$10,373,044$0$0$6,001,170
95$11,288,970$0$0$6,534,320
96$12,293,843$0$0$7,119,365
97$13,396,596$0$0$7,761,518
98$14,607,066$0$0$8,466,524
99$15,936,091$0$0$9,240,710
100$17,395,608$0$0$10,091,048