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%13.2%
1 years$35,757$35,438$35,127$34,824$34,528$34,068
2 years$17,701$17,372$17,052$16,742$16,442$15,980
3 years$11,684$11,353$11,034$10,727$10,431$9,981
4 years$8,675$8,345$8,030$7,728$7,440$7,004
5 years$6,871$6,543$6,231$5,936$5,656$5,236
6 years$5,668$5,343$5,036$4,747$4,475$4,073
7 years$4,810$4,487$4,185$3,903$3,639$3,254
8 years$4,166$3,846$3,549$3,274$3,019$2,651
9 years$3,666$3,349$3,057$2,789$2,543$2,191
10 years$3,266$2,952$2,665$2,404$2,166$1,832
11 years$2,938$2,628$2,346$2,092$1,863$1,545
12 years$2,666$2,358$2,082$1,835$1,615$1,312
13 years$2,436$2,131$1,860$1,620$1,408$1,121
14 years$2,238$1,937$1,672$1,438$1,234$962
15 years$2,068$1,770$1,509$1,283$1,087$829
16 years$1,918$1,624$1,368$1,148$960$717
17 years$1,787$1,495$1,245$1,032$852$622
18 years$1,670$1,382$1,137$930$757$541
19 years$1,565$1,281$1,041$840$675$471
20 years$1,472$1,190$955$761$603$411
21 years$1,387$1,109$878$691$539$359
22 years$1,310$1,035$810$628$484$315
23 years$1,240$968$747$572$434$276
24 years$1,175$907$691$522$390$242
25 years$1,116$851$640$476$351$212
26 years$1,062$800$594$436$316$186
27 years$1,012$753$551$399$285$164
28 years$965$709$513$365$257$144
29 years$922$669$477$335$232$127
30 years$881$632$444$307$210$112
31 years$844$597$414$282$190$98
32 years$808$565$386$259$172$87
33 years$775$535$361$239$155$76
34 years$744$507$337$220$141$67
35 years$715$481$315$202$127$59
36 years$688$457$295$186$115$52
37 years$662$434$276$171$105$46
38 years$637$412$258$158$95$41
39 years$614$392$242$146$86$36
40 years$592$373$227$134$78$32
41 years$571$355$213$124$71$28
42 years$551$338$200$114$64$25
43 years$532$322$187$106$58$22
44 years$514$307$176$98$53$19
45 years$497$293$165$90$48$17
46 years$481$279$155$83$44$15
47 years$465$267$146$77$40$13
48 years$451$254$137$71$36$12
49 years$436$243$129$66$33$10
50 years$423$232$121$61$30$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $433,000, adding $6,567 every year, while hoping to spend $29,184 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: 32/41/27 Blend
39$433,000$433,000$433,000$433,000
40$483,940$460,991$454,279$495,270
41$502,250$452,528$438,446$496,006
42$521,450$442,672$421,104$493,759
43$541,599$431,324$402,173$490,763
44$562,763$418,380$381,566$486,973
45$585,012$403,728$359,196$482,341
46$608,423$387,250$334,969$476,818
47$633,080$368,823$308,788$470,353
48$659,074$348,315$280,552$462,892
49$686,503$325,587$250,155$454,383
50$715,477$300,491$217,485$444,768
51$746,114$272,873$182,429$433,991
52$778,541$242,567$144,864$421,992
53$812,900$209,401$104,665$408,712
54$849,345$173,191$61,700$394,088
55$888,043$133,742$15,832$378,060
56$929,179$90,850$0$360,562
57$972,953$44,300$0$351,073
58$1,019,585$0$0$345,476
59$1,069,316$0$0$341,954
60$1,122,411$0$0$359,571
61$1,179,158$0$0$378,440
62$1,239,874$0$0$398,674
63$1,304,908$0$0$420,393
64$1,374,640$0$0$443,730
65$1,449,488$0$0$468,833
66$1,529,912$0$0$495,861
67$1,616,415$0$0$524,990
68$1,709,551$0$0$556,415
69$1,809,927$0$0$590,349
70$1,918,210$0$0$627,025
71$2,035,134$0$0$666,701
72$2,161,504$0$0$709,658
73$2,298,205$0$0$756,208
74$2,446,211$0$0$806,693
75$2,606,592$0$0$861,488
76$2,780,524$0$0$921,005
77$2,969,301$0$0$985,701
78$3,174,346$0$0$1,056,074
79$3,397,224$0$0$1,132,675
80$3,639,657$0$0$1,216,109
81$3,903,539$0$0$1,307,042
82$4,190,956$0$0$1,406,207
83$4,504,200$0$0$1,514,411
84$4,845,797$0$0$1,632,543
85$5,218,526$0$0$1,761,579
86$5,625,444$0$0$1,902,596
87$6,069,919$0$0$2,056,779
88$6,555,656$0$0$2,225,432
89$7,086,737$0$0$2,409,993
90$7,667,653$0$0$2,612,041
91$8,303,353$0$0$2,833,320
92$8,999,282$0$0$3,075,747
93$9,761,439$0$0$3,341,435
94$10,596,429$0$0$3,632,709
95$11,511,527$0$0$3,952,133
96$12,514,744$0$0$4,302,527
97$13,614,904$0$0$4,687,002
98$14,821,725$0$0$5,108,979
99$16,145,913$0$0$5,572,232
100$17,599,257$0$0$6,080,913