Can I retire at age 40 with 435,000?

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 $435,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$35,922$35,602$35,290$34,985$34,688$33,808
2 years$17,783$17,452$17,131$16,820$16,518$15,637
3 years$11,738$11,405$11,085$10,777$10,480$9,626
4 years$8,716$8,384$8,067$7,764$7,474$6,653
5 years$6,903$6,573$6,260$5,963$5,682$4,897
6 years$5,695$5,367$5,059$4,769$4,496$3,747
7 years$4,832$4,508$4,204$3,921$3,656$2,944
8 years$4,185$3,864$3,566$3,289$3,033$2,357
9 years$3,683$3,364$3,071$2,802$2,554$1,913
10 years$3,281$2,965$2,677$2,415$2,176$1,570
11 years$2,952$2,640$2,357$2,102$1,872$1,299
12 years$2,678$2,369$2,092$1,844$1,622$1,082
13 years$2,447$2,141$1,869$1,628$1,415$907
14 years$2,249$1,946$1,679$1,445$1,240$763
15 years$2,077$1,778$1,516$1,288$1,092$644
16 years$1,927$1,631$1,375$1,154$965$545
17 years$1,795$1,502$1,251$1,037$856$463
18 years$1,678$1,388$1,142$934$761$394
19 years$1,573$1,287$1,045$844$678$335
20 years$1,478$1,196$959$765$606$286
21 years$1,393$1,114$882$694$542$244
22 years$1,316$1,040$813$631$486$209
23 years$1,245$972$751$575$436$179
24 years$1,181$911$694$524$392$153
25 years$1,121$855$643$479$353$131
26 years$1,067$803$597$438$318$113
27 years$1,016$756$554$401$286$97
28 years$970$713$515$367$258$83
29 years$926$672$479$337$233$71
30 years$885$635$446$309$211$61
31 years$848$600$416$284$191$53
32 years$812$568$388$261$172$45
33 years$779$538$363$240$156$39
34 years$748$510$339$221$141$33
35 years$719$483$317$203$128$29
36 years$691$459$296$187$116$25
37 years$665$436$277$172$105$21
38 years$640$414$260$159$95$18
39 years$617$394$243$146$86$16
40 years$595$375$228$135$78$14
41 years$574$357$214$125$71$12
42 years$554$340$201$115$65$10
43 years$535$324$188$106$59$9
44 years$517$308$177$98$53$7
45 years$500$294$166$91$48$6
46 years$483$281$156$84$44$5
47 years$468$268$146$77$40$5
48 years$453$256$138$71$36$4
49 years$438$244$129$66$33$3
50 years$425$233$122$61$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $435,000, adding $2,157 every year, while hoping to spend $29,092 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: 74/12/14 Blend
39$435,000$435,000$435,000$435,000
40$481,595$458,540$451,797$515,631
41$499,764$450,055$435,979$529,946
42$518,811$440,179$418,656$541,813
43$538,795$428,813$399,746$554,029
44$559,781$415,853$379,166$566,622
45$581,836$401,188$356,826$579,622
46$605,038$384,700$332,634$593,061
47$629,467$366,266$306,492$606,978
48$655,214$345,754$278,301$621,414
49$682,376$323,026$247,954$636,416
50$711,058$297,934$215,340$652,036
51$741,377$270,324$180,345$668,333
52$773,459$240,031$142,848$685,370
53$807,442$206,883$102,724$703,222
54$843,476$170,695$59,840$721,969
55$881,727$131,276$14,061$741,702
56$922,374$88,419$0$762,520
57$965,614$41,910$0$789,733
58$1,011,664$0$0$820,849
59$1,060,758$0$0$855,045
60$1,113,156$0$0$897,461
61$1,169,142$0$0$942,791
62$1,229,024$0$0$991,290
63$1,293,145$0$0$1,043,234
64$1,361,876$0$0$1,098,927
65$1,435,629$0$0$1,158,703
66$1,514,852$0$0$1,222,929
67$1,600,038$0$0$1,292,006
68$1,691,729$0$0$1,366,376
69$1,790,521$0$0$1,446,523
70$1,897,065$0$0$1,532,979
71$2,012,080$0$0$1,626,329
72$2,136,355$0$0$1,727,216
73$2,270,755$0$0$1,836,347
74$2,416,234$0$0$1,954,496
75$2,573,838$0$0$2,082,519
76$2,744,719$0$0$2,221,352
77$2,930,143$0$0$2,372,029
78$3,131,502$0$0$2,535,684
79$3,350,328$0$0$2,713,565
80$3,588,305$0$0$2,907,046
81$3,847,289$0$0$3,117,639
82$4,129,317$0$0$3,347,005
83$4,436,634$0$0$3,596,975
84$4,771,711$0$0$3,869,561
85$5,137,266$0$0$4,166,981
86$5,536,291$0$0$4,491,674
87$5,972,080$0$0$4,846,324
88$6,448,258$0$0$5,233,889
89$6,968,818$0$0$5,657,622
90$7,538,154$0$0$6,121,108
91$8,161,106$0$0$6,628,290
92$8,843,002$0$0$7,183,514
93$9,589,710$0$0$7,791,564
94$10,407,690$0$0$8,457,708
95$11,304,059$0$0$9,187,748
96$12,286,653$0$0$9,988,074
97$13,364,104$0$0$10,865,723
98$14,545,917$0$0$11,828,446
99$15,842,564$0$0$12,884,782
100$17,265,576$0$0$14,044,133