Can I retire at age 40 with 419,000?

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 $419,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$34,601$34,292$33,992$33,698$33,412$33,008
2 years$17,129$16,810$16,501$16,201$15,910$15,504
3 years$11,306$10,986$10,677$10,380$10,094$9,698
4 years$8,395$8,076$7,770$7,478$7,199$6,816
5 years$6,649$6,331$6,030$5,744$5,473$5,104
6 years$5,485$5,170$4,873$4,594$4,330$3,976
7 years$4,654$4,342$4,050$3,777$3,522$3,182
8 years$4,031$3,722$3,434$3,168$2,922$2,597
9 years$3,547$3,240$2,958$2,699$2,460$2,150
10 years$3,160$2,856$2,579$2,326$2,096$1,801
11 years$2,843$2,543$2,270$2,024$1,803$1,521
12 years$2,580$2,282$2,015$1,776$1,562$1,295
13 years$2,357$2,062$1,800$1,568$1,362$1,108
14 years$2,166$1,875$1,617$1,392$1,194$953
15 years$2,001$1,713$1,460$1,241$1,052$823
16 years$1,856$1,571$1,324$1,111$929$713
17 years$1,729$1,447$1,205$998$824$620
18 years$1,616$1,337$1,100$900$733$540
19 years$1,515$1,239$1,007$813$653$472
20 years$1,424$1,152$924$736$583$413
21 years$1,342$1,073$850$668$522$361
22 years$1,267$1,001$783$608$468$317
23 years$1,200$936$723$553$420$278
24 years$1,137$877$669$505$378$245
25 years$1,080$823$620$461$340$215
26 years$1,028$774$575$421$306$190
27 years$979$728$534$386$276$167
28 years$934$686$496$353$249$147
29 years$892$647$462$324$225$130
30 years$853$611$430$297$203$115
31 years$816$578$401$273$184$101
32 years$782$547$374$251$166$90
33 years$750$518$349$231$150$79
34 years$720$491$326$212$136$70
35 years$692$466$305$196$123$62
36 years$665$442$285$180$112$55
37 years$640$420$267$166$101$48
38 years$617$399$250$153$92$43
39 years$594$379$234$141$83$38
40 years$573$361$220$130$75$33
41 years$553$344$206$120$68$30
42 years$533$327$193$111$62$26
43 years$515$312$181$102$56$23
44 years$498$297$170$94$51$21
45 years$481$283$160$87$46$18
46 years$465$270$150$81$42$16
47 years$450$258$141$74$38$14
48 years$436$246$132$69$35$13
49 years$422$235$125$64$32$11
50 years$409$225$117$59$29$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $419,000, adding $4,525 every year, while hoping to spend $32,450 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: 41/47/12 Blend
39$419,000$419,000$419,000$419,000
40$466,406$444,199$437,704$483,697
41$479,452$431,438$417,841$483,536
42$492,742$416,964$396,224$479,799
43$506,266$400,659$372,762$475,038
44$520,012$382,398$347,356$469,175
45$533,967$362,049$319,906$462,124
46$548,113$339,472$290,304$453,798
47$562,433$314,518$258,442$444,101
48$576,903$287,031$224,201$432,931
49$591,497$256,846$187,463$420,180
50$606,187$223,788$148,099$405,732
51$620,937$187,673$105,980$389,466
52$635,708$148,305$60,966$371,250
53$650,457$105,478$12,915$350,945
54$665,132$58,975$0$328,402
55$679,676$8,565$0$308,374
56$694,024$0$0$287,866
57$708,105$0$0$288,848
58$721,835$0$0$294,073
59$735,123$0$0$299,066
60$747,865$0$0$303,782
61$759,947$0$0$308,166
62$771,239$0$0$312,159
63$781,597$0$0$315,696
64$790,859$0$0$318,701
65$798,847$0$0$321,093
66$805,360$0$0$322,781
67$810,176$0$0$323,662
68$813,047$0$0$323,624
69$813,698$0$0$322,541
70$811,824$0$0$320,274
71$807,085$0$0$316,667
72$799,105$0$0$311,550
73$787,467$0$0$304,732
74$771,708$0$0$296,003
75$751,314$0$0$285,130
76$725,719$0$0$271,854
77$694,293$0$0$255,890
78$656,339$0$0$236,921
79$611,088$0$0$214,597
80$557,687$0$0$188,532
81$495,194$0$0$158,298
82$422,565$0$0$123,422
83$338,650$0$0$83,381
84$242,175$0$0$37,598
85$131,732$0$0$0
86$5,767$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