Can I retire at age 40 with 430,000?

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 $430,000?

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$35,509$35,193$34,884$34,583$34,289$33,271
2 years$17,579$17,251$16,934$16,626$16,328$15,311
3 years$11,603$11,274$10,957$10,653$10,359$9,375
4 years$8,615$8,288$7,974$7,675$7,388$6,444
5 years$6,823$6,498$6,188$5,895$5,616$4,715
6 years$5,629$5,306$5,001$4,714$4,444$3,587
7 years$4,776$4,456$4,156$3,876$3,614$2,800
8 years$4,137$3,819$3,525$3,251$2,998$2,227
9 years$3,640$3,325$3,036$2,769$2,525$1,796
10 years$3,243$2,931$2,647$2,387$2,151$1,464
11 years$2,918$2,610$2,330$2,078$1,850$1,203
12 years$2,648$2,342$2,068$1,822$1,603$995
13 years$2,419$2,117$1,847$1,609$1,398$827
14 years$2,223$1,924$1,660$1,428$1,226$690
15 years$2,053$1,758$1,499$1,274$1,079$578
16 years$1,905$1,613$1,359$1,140$954$486
17 years$1,774$1,485$1,236$1,025$846$409
18 years$1,658$1,372$1,129$923$752$345
19 years$1,555$1,272$1,033$834$670$292
20 years$1,461$1,182$948$756$599$247
21 years$1,377$1,101$872$686$536$209
22 years$1,301$1,028$804$624$480$177
23 years$1,231$961$742$568$431$150
24 years$1,167$900$686$518$387$128
25 years$1,109$845$636$473$349$109
26 years$1,055$794$590$433$314$92
27 years$1,005$747$548$396$283$79
28 years$958$704$509$363$255$67
29 years$915$664$474$333$231$57
30 years$875$627$441$305$208$48
31 years$838$593$411$280$188$41
32 years$803$561$384$258$170$35
33 years$770$532$358$237$154$30
34 years$739$504$335$218$140$25
35 years$710$478$313$201$127$22
36 years$683$454$293$185$115$18
37 years$657$431$274$170$104$16
38 years$633$409$257$157$94$13
39 years$610$389$240$145$85$11
40 years$588$370$225$133$77$10
41 years$567$353$211$123$70$8
42 years$547$336$198$114$64$7
43 years$529$320$186$105$58$6
44 years$511$305$175$97$53$5
45 years$494$291$164$89$48$4
46 years$478$277$154$83$43$4
47 years$462$265$145$76$39$3
48 years$447$253$136$71$36$3
49 years$433$241$128$65$32$2
50 years$420$231$120$60$29$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $430,000, adding $4,595 every year, while hoping to spend $24,391 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: 90/5/5 Blend
39$430,000$430,000$430,000$430,000
40$478,600$455,810$449,145$521,337
41$501,465$452,193$438,239$546,206
42$525,845$447,581$426,151$569,598
43$551,869$441,900$412,814$594,502
44$579,677$435,070$398,161$621,050
45$609,425$427,009$382,120$649,388
46$641,281$417,628$364,616$679,676
47$675,432$406,832$345,571$712,088
48$712,082$394,522$324,904$746,818
49$751,454$380,594$302,528$784,078
50$793,795$364,935$278,355$824,102
51$839,374$347,429$252,292$867,145
52$888,487$327,950$224,240$913,491
53$941,459$306,366$194,099$963,450
54$998,649$282,539$161,763$1,017,364
55$1,060,449$256,321$127,119$1,075,609
56$1,127,290$227,557$90,053$1,138,599
57$1,199,648$196,081$50,444$1,206,791
58$1,278,043$161,720$8,165$1,280,685
59$1,363,050$124,290$0$1,360,835
60$1,455,298$83,598$0$1,449,820
61$1,555,482$39,438$0$1,546,931
62$1,664,365$0$0$1,652,479
63$1,782,786$0$0$1,767,747
64$1,911,669$0$0$1,895,559
65$2,052,030$0$0$2,034,755
66$2,204,986$0$0$2,186,443
67$2,371,769$0$0$2,351,844
68$2,553,733$0$0$2,532,300
69$2,752,368$0$0$2,729,292
70$2,969,316$0$0$2,944,445
71$3,206,384$0$0$3,179,552
72$3,465,559$0$0$3,436,585
73$3,749,032$0$0$3,717,716
74$4,059,214$0$0$4,025,337
75$4,398,760$0$0$4,362,079
76$4,770,593$0$0$4,730,844
77$5,177,932$0$0$5,134,823
78$5,624,323$0$0$5,577,533
79$6,113,671$0$0$6,062,847
80$6,650,276$0$0$6,595,030
81$7,238,874$0$0$7,178,779
82$7,884,683$0$0$7,819,269
83$8,593,448$0$0$8,522,199
84$9,371,501$0$0$9,293,847
85$10,225,812$0$0$10,141,128
86$11,164,064$0$0$11,071,660
87$12,194,717$0$0$12,093,834
88$13,327,091$0$0$13,216,895
89$14,571,456$0$0$14,451,028
90$15,939,124$0$0$15,807,451
91$17,442,558$0$0$17,298,525
92$19,095,487$0$0$18,937,869
93$20,913,040$0$0$20,740,485
94$22,911,882$0$0$22,722,903
95$25,110,376$0$0$24,903,335
96$27,528,752$0$0$27,301,845
97$30,189,303$0$0$29,940,542
98$33,116,587$0$0$32,843,784
99$36,337,665$0$0$36,038,411
100$39,882,354$0$0$39,553,992