Can I retire at age 40 with 414,000?

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 $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%17.4%
1 years$34,188$33,883$33,586$33,296$33,013$32,020
2 years$16,925$16,609$16,304$16,008$15,720$14,729
3 years$11,171$10,854$10,550$10,256$9,974$9,014
4 years$8,295$7,979$7,677$7,389$7,113$6,193
5 years$6,569$6,256$5,958$5,676$5,407$4,529
6 years$5,420$5,108$4,815$4,539$4,279$3,443
7 years$4,599$4,290$4,001$3,732$3,480$2,687
8 years$3,983$3,677$3,393$3,130$2,887$2,136
9 years$3,505$3,202$2,923$2,666$2,431$1,721
10 years$3,122$2,822$2,548$2,298$2,071$1,402
11 years$2,809$2,512$2,243$2,000$1,781$1,151
12 years$2,549$2,255$1,991$1,755$1,544$952
13 years$2,329$2,038$1,779$1,549$1,346$791
14 years$2,140$1,852$1,598$1,375$1,180$659
15 years$1,977$1,692$1,443$1,226$1,039$552
16 years$1,834$1,553$1,308$1,098$918$463
17 years$1,708$1,430$1,190$987$814$390
18 years$1,597$1,321$1,087$889$724$329
19 years$1,497$1,224$995$803$645$278
20 years$1,407$1,138$913$728$576$235
21 years$1,326$1,060$840$660$516$199
22 years$1,252$989$774$600$462$168
23 years$1,185$925$715$547$415$143
24 years$1,124$867$661$499$373$121
25 years$1,067$814$612$455$336$103
26 years$1,015$765$568$416$302$87
27 years$967$720$527$381$273$74
28 years$923$678$490$349$246$63
29 years$881$640$456$320$222$54
30 years$843$604$425$294$201$46
31 years$807$571$396$270$181$39
32 years$773$540$370$248$164$33
33 years$741$512$345$228$149$28
34 years$712$485$322$210$134$24
35 years$684$460$301$193$122$20
36 years$658$437$282$178$110$17
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$3
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 $2,021 every year, while hoping to spend $22,733 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: 67/11/22 Blend
39$414,000$414,000$414,000$414,000
40$458,313$436,371$429,954$486,333
41$480,873$433,565$420,169$502,572
42$504,972$429,860$409,295$517,528
43$530,744$425,188$397,271$533,346
44$558,333$419,476$384,034$550,114
45$587,901$412,648$369,516$567,924
46$619,622$404,622$353,650$586,881
47$653,689$395,314$336,363$607,101
48$690,312$384,632$317,578$628,713
49$729,725$372,480$297,218$651,858
50$772,182$358,756$275,199$676,695
51$817,961$343,352$251,436$703,397
52$867,372$326,155$225,837$732,158
53$920,750$307,043$198,309$763,192
54$978,468$285,889$168,754$796,736
55$1,040,932$262,558$137,068$833,052
56$1,108,592$236,908$103,144$872,430
57$1,181,940$208,788$66,871$915,192
58$1,261,518$178,039$28,131$961,693
59$1,347,922$144,492$0$1,012,325
60$1,441,807$107,970$0$1,070,625
61$1,543,896$68,284$0$1,141,221
62$1,654,980$25,237$0$1,218,064
63$1,775,934$0$0$1,301,777
64$1,907,718$0$0$1,395,629
65$2,051,389$0$0$1,501,300
66$2,208,111$0$0$1,616,594
67$2,379,163$0$0$1,742,456
68$2,565,957$0$0$1,879,927
69$2,770,043$0$0$2,030,151
70$2,993,131$0$0$2,194,391
71$3,237,100$0$0$2,374,033
72$3,504,023$0$0$2,570,607
73$3,796,178$0$0$2,785,796
74$4,116,079$0$0$3,021,453
75$4,466,488$0$0$3,279,620
76$4,850,453$0$0$3,562,544
77$5,271,326$0$0$3,872,701
78$5,732,801$0$0$4,212,817
79$6,238,946$0$0$4,585,896
80$6,794,241$0$0$4,995,246
81$7,403,624$0$0$5,444,509
82$8,072,528$0$0$5,937,699
83$8,806,944$0$0$6,479,236
84$9,613,467$0$0$7,073,991
85$10,499,365$0$0$7,727,328
86$11,472,641$0$0$8,445,157
87$12,542,116$0$0$9,233,987
88$13,717,504$0$0$10,100,993
89$15,009,508$0$0$11,054,075
90$16,429,920$0$0$12,101,939
91$17,991,732$0$0$13,254,176
92$19,709,257$0$0$14,521,353
93$21,598,263$0$0$15,915,113
94$23,676,126$0$0$17,448,282
95$25,961,989$0$0$19,134,994
96$28,476,943$0$0$20,990,821
97$31,244,227$0$0$23,032,920
98$34,289,448$0$0$25,280,196
99$37,640,818$0$0$27,753,479
100$41,329,423$0$0$30,475,719