Can I retire at age 40 with 431,000?

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 $431,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$35,592$35,275$34,965$34,663$34,369$33,758
2 years$17,620$17,291$16,973$16,665$16,366$15,752
3 years$11,630$11,300$10,983$10,677$10,383$9,786
4 years$8,635$8,307$7,993$7,693$7,405$6,830
5 years$6,839$6,513$6,203$5,909$5,629$5,077
6 years$5,642$5,318$5,013$4,725$4,454$3,925
7 years$4,787$4,466$4,166$3,885$3,623$3,117
8 years$4,147$3,828$3,533$3,259$3,005$2,523
9 years$3,649$3,333$3,043$2,776$2,531$2,072
10 years$3,250$2,938$2,653$2,393$2,156$1,720
11 years$2,925$2,616$2,335$2,082$1,855$1,441
12 years$2,654$2,348$2,073$1,827$1,607$1,215
13 years$2,424$2,122$1,852$1,613$1,401$1,031
14 years$2,228$1,928$1,664$1,431$1,229$878
15 years$2,058$1,762$1,502$1,277$1,082$751
16 years$1,909$1,616$1,362$1,143$956$645
17 years$1,779$1,489$1,239$1,027$848$555
18 years$1,662$1,375$1,131$926$754$479
19 years$1,558$1,275$1,036$836$672$414
20 years$1,465$1,185$951$757$600$358
21 years$1,380$1,103$874$687$537$310
22 years$1,304$1,030$806$625$481$269
23 years$1,234$963$744$569$432$234
24 years$1,170$903$688$519$388$203
25 years$1,111$847$637$474$349$177
26 years$1,057$796$591$434$315$154
27 years$1,007$749$549$397$284$134
28 years$961$706$510$364$256$117
29 years$917$666$475$333$231$102
30 years$877$629$442$306$209$89
31 years$840$595$412$281$189$78
32 years$805$563$385$258$171$68
33 years$772$533$359$238$155$59
34 years$741$505$336$219$140$52
35 years$712$479$314$201$127$45
36 years$685$455$294$185$115$40
37 years$659$432$275$171$104$35
38 years$634$410$257$157$94$30
39 years$611$390$241$145$86$26
40 years$589$371$226$134$78$23
41 years$568$353$212$123$70$20
42 years$549$337$199$114$64$18
43 years$530$321$186$105$58$15
44 years$512$306$175$97$53$14
45 years$495$291$164$90$48$12
46 years$479$278$154$83$43$10
47 years$463$265$145$77$39$9
48 years$449$253$136$71$36$8
49 years$434$242$128$65$33$7
50 years$421$231$120$60$30$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $431,000, adding $6,445 every year, while hoping to spend $22,084 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: 26/48/26 Blend
39$431,000$431,000$431,000$431,000
40$481,610$458,767$452,087$490,079
41$507,237$457,749$443,734$496,436
42$534,738$455,942$434,362$500,930
43$564,280$453,282$423,912$505,292
44$596,048$449,705$412,325$509,526
45$630,245$445,139$399,537$513,637
46$667,091$439,513$385,483$517,633
47$706,831$432,746$370,094$521,528
48$749,734$424,756$353,297$525,336
49$796,092$415,455$335,019$529,078
50$846,231$404,749$315,179$532,778
51$900,506$392,541$293,696$536,467
52$959,307$378,725$270,485$540,180
53$1,023,064$363,191$245,454$543,961
54$1,092,251$345,822$218,512$547,862
55$1,167,388$326,494$189,559$551,943
56$1,249,046$305,076$158,493$556,275
57$1,337,854$281,431$125,208$560,940
58$1,434,505$255,411$89,593$566,032
59$1,539,760$226,862$51,530$571,661
60$1,654,458$195,620$10,899$577,951
61$1,779,521$161,514$0$585,047
62$1,915,964$124,360$0$602,117
63$2,064,905$83,965$0$624,154
64$2,227,573$40,127$0$648,381
65$2,405,323$0$0$675,077
66$2,599,645$0$0$708,448
67$2,812,181$0$0$768,197
68$3,044,737$0$0$833,646
69$3,299,305$0$0$905,365
70$3,578,074$0$0$983,980
71$3,883,459$0$0$1,070,180
72$4,218,116$0$0$1,164,727
73$4,584,972$0$0$1,268,458
74$4,987,251$0$0$1,382,294
75$5,428,502$0$0$1,507,252
76$5,912,637$0$0$1,644,450
77$6,443,962$0$0$1,795,121
78$7,027,221$0$0$1,960,624
79$7,667,641$0$0$2,142,453
80$8,370,978$0$0$2,342,258
81$9,143,575$0$0$2,561,852
82$9,992,418$0$0$2,803,236
83$10,925,202$0$0$3,068,614
84$11,950,408$0$0$3,360,414
85$13,077,376$0$0$3,681,309
86$14,316,398$0$0$4,034,246
87$15,678,812$0$0$4,422,473
88$17,177,109$0$0$4,849,565
89$18,825,053$0$0$5,319,466
90$20,637,807$0$0$5,836,516
91$22,632,079$0$0$6,405,501
92$24,826,277$0$0$7,031,693
93$27,240,684$0$0$7,720,900
94$29,897,647$0$0$8,479,524
95$32,821,791$0$0$9,314,617
96$36,040,247$0$0$10,233,951
97$39,582,909$0$0$11,246,087
98$43,482,721$0$0$12,360,462
99$47,775,977$0$0$13,587,472
100$52,502,672$0$0$14,938,574