Can I retire at age 40 with 412,000?

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 $412,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$34,023$33,720$33,424$33,135$32,853$32,605
2 years$16,843$16,529$16,225$15,930$15,645$15,394
3 years$11,117$10,802$10,499$10,207$9,926$9,681
4 years$8,255$7,941$7,640$7,353$7,079$6,842
5 years$6,538$6,226$5,929$5,648$5,381$5,153
6 years$5,393$5,084$4,792$4,517$4,258$4,038
7 years$4,576$4,269$3,982$3,714$3,463$3,252
8 years$3,964$3,660$3,377$3,115$2,873$2,670
9 years$3,488$3,186$2,909$2,653$2,419$2,225
10 years$3,107$2,809$2,536$2,287$2,061$1,876
11 years$2,796$2,500$2,232$1,991$1,773$1,596
12 years$2,537$2,244$1,981$1,746$1,536$1,368
13 years$2,318$2,028$1,770$1,542$1,340$1,179
14 years$2,130$1,843$1,590$1,368$1,174$1,022
15 years$1,967$1,684$1,436$1,220$1,034$889
16 years$1,825$1,545$1,302$1,093$914$776
17 years$1,700$1,423$1,185$982$810$680
18 years$1,589$1,315$1,081$885$720$597
19 years$1,490$1,219$990$799$642$525
20 years$1,400$1,132$909$724$574$463
21 years$1,320$1,055$836$657$513$409
22 years$1,246$985$770$597$460$362
23 years$1,179$921$711$544$413$320
24 years$1,118$863$658$496$371$284
25 years$1,062$810$609$453$334$252
26 years$1,010$761$565$414$301$224
27 years$963$716$525$379$271$199
28 years$918$675$488$348$245$177
29 years$877$637$454$319$221$158
30 years$839$601$423$292$200$140
31 years$803$568$394$269$181$125
32 years$769$538$368$247$163$112
33 years$738$509$343$227$148$99
34 years$708$483$321$209$134$89
35 years$681$458$300$192$121$79
36 years$654$435$281$177$110$71
37 years$630$413$263$163$100$63
38 years$606$392$246$150$90$56
39 years$584$373$230$139$82$50
40 years$563$355$216$128$74$45
41 years$543$338$203$118$67$40
42 years$525$322$190$109$61$36
43 years$507$307$178$101$55$32
44 years$490$292$167$93$50$29
45 years$473$279$157$86$46$26
46 years$458$266$148$79$41$23
47 years$443$254$139$73$38$20
48 years$429$242$130$68$34$18
49 years$415$231$122$62$31$16
50 years$402$221$115$58$28$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $412,000, adding $4,072 every year, while hoping to spend $36,385 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: 56/36/8 Blend
39$412,000$412,000$412,000$412,000
40$458,224$436,388$430,002$482,804
41$466,250$419,058$405,694$482,526
42$473,874$399,659$379,352$477,822
43$481,019$378,052$350,869$471,813
44$487,595$354,088$320,135$464,381
45$493,503$327,612$287,033$455,395
46$498,633$298,457$251,442$444,716
47$502,862$266,451$213,234$432,190
48$506,054$231,407$172,277$417,653
49$508,056$193,130$128,433$400,927
50$508,700$151,416$81,558$381,816
51$507,797$106,045$31,500$360,111
52$505,140$56,788$0$335,583
53$500,495$3,402$0$309,856
54$493,608$0$0$283,780
55$484,194$0$0$275,924
56$471,936$0$0$267,639
57$456,487$0$0$257,361
58$437,458$0$0$244,851
59$414,423$0$0$229,845
60$386,907$0$0$212,048
61$354,386$0$0$191,137
62$316,280$0$0$166,753
63$271,949$0$0$138,499
64$220,683$0$0$105,938
65$161,699$0$0$68,585
66$94,132$0$0$25,905
67$17,025$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$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