Can I retire at age 40 with 414,000?

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 $414,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$34,188$33,883$33,586$33,296$33,013$32,033
2 years$16,925$16,609$16,304$16,008$15,720$14,741
3 years$11,171$10,854$10,550$10,256$9,974$9,026
4 years$8,295$7,979$7,677$7,389$7,113$6,205
5 years$6,569$6,256$5,958$5,676$5,407$4,540
6 years$5,420$5,108$4,815$4,539$4,279$3,453
7 years$4,599$4,290$4,001$3,732$3,480$2,696
8 years$3,983$3,677$3,393$3,130$2,887$2,145
9 years$3,505$3,202$2,923$2,666$2,431$1,730
10 years$3,122$2,822$2,548$2,298$2,071$1,410
11 years$2,809$2,512$2,243$2,000$1,781$1,158
12 years$2,549$2,255$1,991$1,755$1,544$958
13 years$2,329$2,038$1,779$1,549$1,346$796
14 years$2,140$1,852$1,598$1,375$1,180$665
15 years$1,977$1,692$1,443$1,226$1,039$557
16 years$1,834$1,553$1,308$1,098$918$468
17 years$1,708$1,430$1,190$987$814$394
18 years$1,597$1,321$1,087$889$724$332
19 years$1,497$1,224$995$803$645$281
20 years$1,407$1,138$913$728$576$238
21 years$1,326$1,060$840$660$516$201
22 years$1,252$989$774$600$462$171
23 years$1,185$925$715$547$415$145
24 years$1,124$867$661$499$373$123
25 years$1,067$814$612$455$336$105
26 years$1,015$765$568$416$302$89
27 years$967$720$527$381$273$76
28 years$923$678$490$349$246$64
29 years$881$640$456$320$222$55
30 years$843$604$425$294$201$47
31 years$807$571$396$270$181$40
32 years$773$540$370$248$164$34
33 years$741$512$345$228$149$29
34 years$712$485$322$210$134$25
35 years$684$460$301$193$122$21
36 years$658$437$282$178$110$18
37 years$633$415$264$164$100$15
38 years$609$394$247$151$91$13
39 years$587$375$232$139$82$11
40 years$566$357$217$129$75$9
41 years$546$339$203$119$68$8
42 years$527$323$191$109$61$7
43 years$509$308$179$101$56$6
44 years$492$294$168$93$51$5
45 years$476$280$158$86$46$4
46 years$460$267$148$80$42$4
47 years$445$255$139$74$38$3
48 years$431$243$131$68$34$3
49 years$417$232$123$63$31$2
50 years$404$222$116$58$28$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $414,000, adding $3,938 every year, while hoping to spend $26,838 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: 50/22/28 Blend
39$414,000$414,000$414,000$414,000
40$460,290$438,348$431,931$479,485
41$478,684$431,272$417,845$486,232
42$498,055$422,949$402,388$490,576
43$518,474$413,291$385,485$494,772
44$540,018$402,202$367,059$498,820
45$562,773$389,583$347,029$502,720
46$586,831$375,327$325,309$506,473
47$612,292$359,323$301,811$510,083
48$639,267$341,450$276,443$513,558
49$667,875$321,585$249,107$516,905
50$698,249$299,593$219,702$520,139
51$730,532$275,334$188,124$523,275
52$764,881$248,660$154,261$526,333
53$801,468$219,414$117,998$529,340
54$840,482$187,430$79,215$532,325
55$882,130$152,533$37,787$535,327
56$926,637$114,537$0$538,388
57$974,251$73,246$0$543,481
58$1,025,245$28,455$0$560,919
59$1,079,916$0$0$579,515
60$1,138,591$0$0$604,251
61$1,201,630$0$0$638,257
62$1,269,426$0$0$674,862
63$1,342,413$0$0$714,303
64$1,421,064$0$0$756,841
65$1,505,902$0$0$802,762
66$1,597,500$0$0$852,383
67$1,696,488$0$0$906,048
68$1,803,558$0$0$964,139
69$1,919,471$0$0$1,027,074
70$2,045,064$0$0$1,095,313
71$2,181,256$0$0$1,169,362
72$2,329,059$0$0$1,249,778
73$2,489,585$0$0$1,337,171
74$2,664,058$0$0$1,432,216
75$2,853,824$0$0$1,535,654
76$3,060,364$0$0$1,648,298
77$3,285,309$0$0$1,771,046
78$3,530,450$0$0$1,904,886
79$3,797,762$0$0$2,050,902
80$4,089,417$0$0$2,210,292
81$4,407,805$0$0$2,384,370
82$4,755,559$0$0$2,574,586
83$5,135,576$0$0$2,782,535
84$5,551,046$0$0$3,009,973
85$6,005,480$0$0$3,258,834
86$6,502,746$0$0$3,531,246
87$7,047,101$0$0$3,829,555
88$7,643,234$0$0$4,156,343
89$8,296,309$0$0$4,514,452
90$9,012,011$0$0$4,907,014
91$9,796,604$0$0$5,337,479
92$10,656,984$0$0$5,809,644
93$11,600,748$0$0$6,327,694
94$12,636,264$0$0$6,896,237
95$13,772,748$0$0$7,520,350
96$15,020,353$0$0$8,205,624
97$16,390,260$0$0$8,958,220
98$17,894,790$0$0$9,784,922
99$19,547,513$0$0$10,693,207
100$21,363,379$0$0$11,691,308