Can I retire at age 40 with 433,000?

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 $433,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$35,757$35,438$35,127$34,824$34,528$33,680
2 years$17,701$17,372$17,052$16,742$16,442$15,592
3 years$11,684$11,353$11,034$10,727$10,431$9,607
4 years$8,675$8,345$8,030$7,728$7,440$6,648
5 years$6,871$6,543$6,231$5,936$5,656$4,897
6 years$5,668$5,343$5,036$4,747$4,475$3,752
7 years$4,810$4,487$4,185$3,903$3,639$2,951
8 years$4,166$3,846$3,549$3,274$3,019$2,365
9 years$3,666$3,349$3,057$2,789$2,543$1,923
10 years$3,266$2,952$2,665$2,404$2,166$1,580
11 years$2,938$2,628$2,346$2,092$1,863$1,309
12 years$2,666$2,358$2,082$1,835$1,615$1,092
13 years$2,436$2,131$1,860$1,620$1,408$916
14 years$2,238$1,937$1,672$1,438$1,234$771
15 years$2,068$1,770$1,509$1,283$1,087$652
16 years$1,918$1,624$1,368$1,148$960$553
17 years$1,787$1,495$1,245$1,032$852$470
18 years$1,670$1,382$1,137$930$757$400
19 years$1,565$1,281$1,041$840$675$342
20 years$1,472$1,190$955$761$603$292
21 years$1,387$1,109$878$691$539$250
22 years$1,310$1,035$810$628$484$214
23 years$1,240$968$747$572$434$183
24 years$1,175$907$691$522$390$157
25 years$1,116$851$640$476$351$135
26 years$1,062$800$594$436$316$116
27 years$1,012$753$551$399$285$100
28 years$965$709$513$365$257$86
29 years$922$669$477$335$232$74
30 years$881$632$444$307$210$64
31 years$844$597$414$282$190$55
32 years$808$565$386$259$172$47
33 years$775$535$361$239$155$41
34 years$744$507$337$220$141$35
35 years$715$481$315$202$127$30
36 years$688$457$295$186$115$26
37 years$662$434$276$171$105$22
38 years$637$412$258$158$95$19
39 years$614$392$242$146$86$17
40 years$592$373$227$134$78$14
41 years$571$355$213$124$71$12
42 years$551$338$200$114$64$11
43 years$532$322$187$106$58$9
44 years$514$307$176$98$53$8
45 years$497$293$165$90$48$7
46 years$481$279$155$83$44$6
47 years$465$267$146$77$40$5
48 years$451$254$137$71$36$4
49 years$436$243$129$66$33$4
50 years$423$232$121$61$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $433,000, adding $3,137 every year, while hoping to spend $22,288 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: 29/41/30 Blend
39$433,000$433,000$433,000$433,000
40$480,402$457,453$450,741$489,832
41$505,689$456,154$442,127$496,293
42$532,808$454,044$432,477$501,105
43$561,922$451,060$421,733$505,841
44$593,212$447,136$409,835$510,511
45$626,873$442,199$396,718$515,127
46$663,122$436,175$382,316$519,705
47$702,196$428,983$366,559$524,266
48$744,355$420,539$349,374$528,834
49$789,887$410,753$330,686$533,437
50$839,106$399,530$310,414$538,112
51$892,358$386,770$288,476$542,899
52$950,023$372,366$264,784$547,847
53$1,012,519$356,205$239,248$553,015
54$1,080,305$338,169$211,773$558,467
55$1,153,888$318,131$182,259$564,280
56$1,233,823$295,958$150,603$570,543
57$1,320,722$271,509$116,697$577,358
58$1,415,258$244,635$80,429$584,840
59$1,518,171$215,179$41,680$593,121
60$1,630,276$182,974$327$602,353
61$1,752,468$147,844$0$612,706
62$1,885,735$109,604$0$638,397
63$2,031,163$68,057$0$666,645
64$2,189,947$22,997$0$697,639
65$2,363,402$0$0$731,705
66$2,552,976$0$0$780,844
67$2,760,266$0$0$845,986
68$2,987,026$0$0$917,315
69$3,235,190$0$0$995,449
70$3,506,886$0$0$1,081,067
71$3,804,459$0$0$1,174,916
72$4,130,490$0$0$1,277,820
73$4,487,823$0$0$1,390,687
74$4,879,588$0$0$1,514,516
75$5,309,235$0$0$1,650,408
76$5,780,562$0$0$1,799,576
77$6,297,752$0$0$1,963,355
78$6,865,414$0$0$2,143,216
79$7,488,624$0$0$2,340,780
80$8,172,974$0$0$2,557,833
81$8,924,624$0$0$2,796,341
82$9,750,360$0$0$3,058,473
83$10,657,656$0$0$3,346,614
84$11,654,749$0$0$3,663,395
85$12,750,710$0$0$4,011,713
86$13,955,535$0$0$4,394,762
87$15,280,237$0$0$4,816,058
88$16,736,947$0$0$5,279,476
89$18,339,033$0$0$5,789,287
90$20,101,221$0$0$6,350,195
91$22,039,738$0$0$6,967,383
92$24,172,462$0$0$7,646,563
93$26,519,090$0$0$8,394,027
94$29,101,328$0$0$9,216,708
95$31,943,088$0$0$10,122,248
96$35,070,721$0$0$11,119,064
97$38,513,260$0$0$12,216,432
98$42,302,695$0$0$13,424,573
99$46,474,277$0$0$14,754,750
100$51,066,847$0$0$16,219,372