Can I retire at age 40 with 401,000?

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 $401,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$33,114$32,819$32,531$32,251$31,976$30,879
2 years$16,393$16,088$15,792$15,505$15,227$14,132
3 years$10,820$10,514$10,218$9,934$9,661$8,603
4 years$8,034$7,729$7,436$7,157$6,890$5,878
5 years$6,363$6,059$5,771$5,497$5,238$4,274
6 years$5,249$4,948$4,664$4,396$4,144$3,229
7 years$4,454$4,155$3,876$3,614$3,370$2,504
8 years$3,858$3,562$3,287$3,032$2,796$1,978
9 years$3,395$3,101$2,831$2,583$2,355$1,584
10 years$3,024$2,734$2,468$2,226$2,006$1,281
11 years$2,721$2,434$2,173$1,937$1,726$1,044
12 years$2,469$2,184$1,928$1,699$1,495$857
13 years$2,256$1,974$1,723$1,500$1,304$707
14 years$2,073$1,794$1,548$1,332$1,143$585
15 years$1,915$1,639$1,398$1,188$1,006$486
16 years$1,777$1,504$1,267$1,064$889$405
17 years$1,655$1,385$1,153$956$789$338
18 years$1,547$1,280$1,053$861$701$282
19 years$1,450$1,186$964$778$625$236
20 years$1,363$1,102$884$705$558$198
21 years$1,284$1,027$813$640$500$166
22 years$1,213$958$750$582$448$140
23 years$1,148$896$692$530$402$118
24 years$1,089$840$640$483$361$99
25 years$1,034$788$593$441$325$83
26 years$983$741$550$403$293$70
27 years$937$697$511$369$264$59
28 years$894$657$475$338$238$50
29 years$854$620$442$310$215$42
30 years$816$585$411$285$194$35
31 years$781$553$384$261$176$30
32 years$749$523$358$240$159$25
33 years$718$496$334$221$144$21
34 years$689$470$312$203$130$18
35 years$662$446$292$187$118$15
36 years$637$423$273$172$107$13
37 years$613$402$256$159$97$11
38 years$590$382$239$146$88$9
39 years$569$363$224$135$80$8
40 years$548$345$210$124$72$6
41 years$529$329$197$115$66$5
42 years$511$313$185$106$59$5
43 years$493$298$173$98$54$4
44 years$476$284$163$90$49$3
45 years$461$271$153$83$44$3
46 years$445$259$144$77$40$2
47 years$431$247$135$71$37$2
48 years$417$236$127$66$33$2
49 years$404$225$119$61$30$1
50 years$392$215$112$56$27$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $401,000, adding $6,846 every year, while hoping to spend $29,483 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: 29/49/22 Blend
39$401,000$401,000$401,000$401,000
40$448,964$427,711$421,495$458,732
41$463,388$417,299$404,246$456,411
42$478,296$405,389$385,430$450,835
43$493,705$391,876$364,965$444,223
44$509,635$376,649$342,763$436,503
45$526,104$359,592$318,732$427,601
46$543,135$340,580$292,778$417,439
47$560,750$319,483$264,801$405,933
48$578,970$296,162$234,696$392,996
49$597,822$270,470$202,354$378,536
50$617,330$242,253$167,663$362,457
51$637,521$211,348$130,504$344,654
52$658,425$177,580$90,752$325,021
53$680,070$140,768$48,279$303,445
54$702,490$100,718$2,949$279,804
55$725,718$57,227$0$253,975
56$749,790$10,080$0$236,487
57$774,743$0$0$217,969
58$800,619$0$0$219,699
59$827,460$0$0$227,138
60$855,312$0$0$234,863
61$884,223$0$0$242,891
62$914,246$0$0$251,236
63$945,436$0$0$259,914
64$977,853$0$0$268,943
65$1,011,559$0$0$278,343
66$1,046,624$0$0$288,133
67$1,083,119$0$0$298,337
68$1,121,124$0$0$308,976
69$1,160,722$0$0$320,078
70$1,202,004$0$0$331,668
71$1,245,068$0$0$343,778
72$1,290,019$0$0$356,439
73$1,336,971$0$0$369,685
74$1,386,046$0$0$383,555
75$1,437,377$0$0$398,088
76$1,491,107$0$0$413,329
77$1,547,392$0$0$429,326
78$1,606,399$0$0$446,130
79$1,668,313$0$0$463,798
80$1,733,331$0$0$482,392
81$1,801,668$0$0$501,977
82$1,873,559$0$0$522,627
83$1,949,259$0$0$544,422
84$2,029,045$0$0$567,446
85$2,113,220$0$0$591,795
86$2,202,112$0$0$617,572
87$2,296,082$0$0$644,888
88$2,395,521$0$0$673,867
89$2,500,858$0$0$704,642
90$2,612,561$0$0$737,361
91$2,731,141$0$0$772,183
92$2,857,158$0$0$809,286
93$2,991,222$0$0$848,860
94$3,134,004$0$0$891,117
95$3,286,236$0$0$936,289
96$3,448,722$0$0$984,627
97$3,622,341$0$0$1,036,411
98$3,808,058$0$0$1,091,944
99$4,006,929$0$0$1,151,560
100$4,220,114$0$0$1,215,627