Can I retire at age 40 with 409,000?

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 $409,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$33,775$33,474$33,180$32,894$32,614$31,878
2 years$16,720$16,409$16,107$15,814$15,531$14,792
3 years$11,036$10,723$10,422$10,132$9,853$9,137
4 years$8,195$7,883$7,585$7,300$7,027$6,338
5 years$6,490$6,180$5,886$5,607$5,342$4,681
6 years$5,354$5,047$4,757$4,484$4,227$3,596
7 years$4,543$4,238$3,953$3,687$3,438$2,836
8 years$3,935$3,633$3,352$3,093$2,852$2,280
9 years$3,462$3,163$2,887$2,634$2,402$1,859
10 years$3,085$2,788$2,517$2,271$2,046$1,532
11 years$2,776$2,482$2,216$1,976$1,760$1,274
12 years$2,518$2,228$1,967$1,733$1,525$1,066
13 years$2,301$2,013$1,757$1,530$1,330$897
14 years$2,114$1,830$1,579$1,358$1,166$758
15 years$1,953$1,672$1,426$1,211$1,026$643
16 years$1,812$1,534$1,292$1,085$907$547
17 years$1,688$1,413$1,176$975$804$467
18 years$1,577$1,305$1,074$878$715$399
19 years$1,479$1,210$983$794$638$342
20 years$1,390$1,124$902$719$569$293
21 years$1,310$1,047$830$652$510$252
22 years$1,237$977$765$593$457$217
23 years$1,171$914$706$540$410$186
24 years$1,110$856$653$493$369$161
25 years$1,054$804$605$450$332$138
26 years$1,003$755$561$411$299$119
27 years$956$711$521$377$269$103
28 years$912$670$484$345$243$89
29 years$871$632$451$316$219$77
30 years$833$597$420$290$198$66
31 years$797$564$391$267$179$57
32 years$764$534$365$245$162$50
33 years$732$506$341$225$147$43
34 years$703$479$318$207$133$37
35 years$676$454$298$191$120$32
36 years$650$431$279$176$109$28
37 years$625$410$261$162$99$24
38 years$602$389$244$149$90$21
39 years$580$370$229$138$81$18
40 years$559$352$214$127$74$16
41 years$539$335$201$117$67$13
42 years$521$319$189$108$61$12
43 years$503$304$177$100$55$10
44 years$486$290$166$92$50$9
45 years$470$277$156$85$45$8
46 years$454$264$146$79$41$7
47 years$440$252$138$73$37$6
48 years$426$240$129$67$34$5
49 years$412$230$122$62$31$4
50 years$399$219$114$57$28$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $409,000, adding $2,279 every year, while hoping to spend $33,497 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: 34/47/19 Blend
39$409,000$409,000$409,000$409,000
40$453,069$431,392$425,052$465,760
41$463,641$416,889$403,651$460,803
42$474,169$400,554$380,410$452,202
43$484,613$382,260$355,233$442,225
44$494,928$361,875$328,017$430,772
45$505,063$339,259$298,658$417,733
46$514,961$314,263$267,044$402,991
47$524,557$286,732$233,060$386,424
48$533,779$256,500$196,585$367,898
49$542,548$223,391$157,494$347,273
50$550,772$187,222$115,654$324,398
51$558,350$147,796$70,928$299,112
52$565,171$104,907$23,173$271,243
53$571,108$58,337$0$240,607
54$576,022$7,856$0$212,641
55$579,758$0$0$186,882
56$582,141$0$0$182,628
57$582,979$0$0$181,824
58$582,059$0$0$180,327
59$579,143$0$0$178,045
60$573,968$0$0$174,879
61$566,240$0$0$170,718
62$555,638$0$0$165,440
63$541,800$0$0$158,909
64$524,330$0$0$150,974
65$502,786$0$0$141,469
66$476,682$0$0$130,211
67$445,478$0$0$116,995
68$408,576$0$0$101,596
69$365,316$0$0$83,766
70$314,969$0$0$63,229
71$256,727$0$0$39,681
72$189,697$0$0$12,786
73$112,893$0$0$0
74$25,227$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0