Can I retire at age 40 with 386,000?

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 $386,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$31,876$31,592$31,315$31,044$30,780$30,183
2 years$15,780$15,486$15,201$14,925$14,657$14,058
3 years$10,415$10,120$9,836$9,563$9,299$8,717
4 years$7,734$7,440$7,158$6,889$6,632$6,071
5 years$6,125$5,833$5,555$5,292$5,042$4,503
6 years$5,053$4,763$4,489$4,232$3,989$3,474
7 years$4,288$4,000$3,731$3,479$3,244$2,753
8 years$3,714$3,429$3,164$2,919$2,692$2,223
9 years$3,268$2,985$2,725$2,486$2,267$1,821
10 years$2,911$2,631$2,376$2,143$1,931$1,509
11 years$2,619$2,342$2,092$1,865$1,661$1,260
12 years$2,377$2,102$1,856$1,636$1,439$1,060
13 years$2,171$1,900$1,658$1,444$1,255$897
14 years$1,995$1,727$1,490$1,282$1,100$762
15 years$1,843$1,578$1,345$1,143$969$650
16 years$1,710$1,448$1,220$1,024$856$556
17 years$1,593$1,333$1,110$920$759$477
18 years$1,489$1,232$1,013$829$675$411
19 years$1,396$1,142$928$749$602$354
20 years$1,312$1,061$851$678$537$305
21 years$1,236$988$783$616$481$264
22 years$1,168$922$722$560$431$228
23 years$1,105$863$666$510$387$198
24 years$1,048$808$616$465$348$171
25 years$995$759$571$425$313$149
26 years$947$713$529$388$282$129
27 years$902$671$492$355$254$112
28 years$860$632$457$326$229$97
29 years$822$596$425$299$207$85
30 years$786$563$396$274$187$74
31 years$752$532$369$252$169$64
32 years$721$504$345$231$153$56
33 years$691$477$322$213$138$49
34 years$664$452$301$196$125$42
35 years$638$429$281$180$114$37
36 years$613$407$263$166$103$32
37 years$590$387$246$153$93$28
38 years$568$367$230$141$85$24
39 years$547$349$216$130$77$21
40 years$528$332$202$120$70$18
41 years$509$316$190$111$63$16
42 years$491$301$178$102$57$14
43 years$475$287$167$94$52$12
44 years$459$274$157$87$47$11
45 years$443$261$147$80$43$9
46 years$429$249$138$74$39$8
47 years$415$238$130$69$35$7
48 years$402$227$122$63$32$6
49 years$389$217$115$59$29$5
50 years$377$207$108$54$26$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $386,000, adding $2,022 every year, while hoping to spend $24,008 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: 26/50/24 Blend
39$386,000$386,000$386,000$386,000
40$427,458$407,000$401,017$435,292
41$445,514$401,398$388,906$436,155
42$464,608$394,718$375,586$434,865
43$484,819$386,880$360,989$432,974
44$506,235$377,802$345,047$430,445
45$528,953$367,396$327,688$427,242
46$553,077$355,570$308,836$423,329
47$578,722$342,224$288,414$418,667
48$606,013$327,255$266,337$413,217
49$635,089$310,552$242,522$406,939
50$666,099$292,001$216,878$399,794
51$699,209$271,476$189,310$391,740
52$734,598$248,848$159,722$382,738
53$772,465$223,980$128,011$372,745
54$813,028$196,726$94,071$361,723
55$856,523$166,932$57,789$349,630
56$903,213$134,437$19,049$336,428
57$953,384$99,067$0$322,078
58$1,007,351$60,643$0$312,255
59$1,065,459$18,973$0$306,790
60$1,128,088$0$0$300,804
61$1,195,654$0$0$308,690
62$1,268,616$0$0$328,527
63$1,347,477$0$0$350,021
64$1,432,790$0$0$373,329
65$1,525,163$0$0$398,624
66$1,625,263$0$0$426,097
67$1,733,827$0$0$455,956
68$1,851,663$0$0$488,432
69$1,979,658$0$0$523,779
70$2,118,791$0$0$562,276
71$2,270,139$0$0$604,228
72$2,434,883$0$0$649,975
73$2,614,326$0$0$699,888
74$2,809,903$0$0$754,375
75$3,023,188$0$0$813,888
76$3,255,919$0$0$878,923
77$3,510,007$0$0$950,024
78$3,787,553$0$0$1,027,793
79$4,090,875$0$0$1,112,892
80$4,422,520$0$0$1,206,050
81$4,785,296$0$0$1,308,068
82$5,182,293$0$0$1,419,830
83$5,616,914$0$0$1,542,311
84$6,092,907$0$0$1,676,580
85$6,614,397$0$0$1,823,819
86$7,185,929$0$0$1,985,327
87$7,812,509$0$0$2,162,537
88$8,499,650$0$0$2,357,025
89$9,253,421$0$0$2,570,530
90$10,080,512$0$0$2,804,964
91$10,988,289$0$0$3,062,436
92$11,984,864$0$0$3,345,268
93$13,079,178$0$0$3,656,019
94$14,281,074$0$0$3,997,506
95$15,601,401$0$0$4,372,835
96$17,052,106$0$0$4,785,427
97$18,646,353$0$0$5,239,050
98$20,398,643$0$0$5,737,856
99$22,324,954$0$0$6,286,419
100$24,442,886$0$0$6,889,780