Can I retire at age 40 with 438,000?

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 $438,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$36,170$35,847$35,533$35,226$34,927$34,533
2 years$17,906$17,572$17,249$16,936$16,632$16,236
3 years$11,819$11,484$11,161$10,851$10,552$10,165
4 years$8,776$8,442$8,123$7,817$7,526$7,152
5 years$6,950$6,618$6,303$6,005$5,721$5,361
6 years$5,734$5,404$5,094$4,802$4,527$4,181
7 years$4,865$4,539$4,233$3,948$3,681$3,350
8 years$4,214$3,890$3,590$3,312$3,054$2,737
9 years$3,708$3,387$3,092$2,821$2,572$2,269
10 years$3,303$2,986$2,696$2,432$2,191$1,902
11 years$2,972$2,658$2,373$2,116$1,885$1,609
12 years$2,697$2,386$2,106$1,856$1,633$1,371
13 years$2,464$2,156$1,882$1,639$1,424$1,175
14 years$2,264$1,960$1,691$1,455$1,248$1,012
15 years$2,092$1,790$1,527$1,297$1,099$875
16 years$1,941$1,643$1,384$1,162$972$760
17 years$1,807$1,513$1,259$1,044$861$661
18 years$1,689$1,398$1,150$941$766$577
19 years$1,584$1,295$1,053$850$683$504
20 years$1,489$1,204$966$770$610$442
21 years$1,403$1,121$888$699$546$388
22 years$1,325$1,047$819$635$489$341
23 years$1,254$979$756$578$439$300
24 years$1,189$917$699$528$395$264
25 years$1,129$861$648$482$355$232
26 years$1,074$809$601$441$320$205
27 years$1,023$761$558$403$288$181
28 years$976$717$519$369$260$160
29 years$932$677$483$339$235$141
30 years$892$639$449$311$212$125
31 years$853$604$419$286$192$110
32 years$818$572$391$262$174$98
33 years$784$541$365$241$157$87
34 years$753$513$341$222$142$77
35 years$723$487$319$204$129$68
36 years$696$462$298$188$117$60
37 years$669$439$279$173$106$53
38 years$645$417$261$160$96$47
39 years$621$397$245$147$87$42
40 years$599$377$230$136$79$37
41 years$578$359$215$125$72$33
42 years$558$342$202$116$65$29
43 years$539$326$190$107$59$26
44 years$520$311$178$99$54$23
45 years$503$296$167$91$49$20
46 years$487$283$157$84$44$18
47 years$471$270$147$78$40$16
48 years$456$257$138$72$36$14
49 years$441$246$130$66$33$13
50 years$428$235$122$61$30$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $438,000, adding $6,432 every year, while hoping to spend $25,257 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: 88/7/5 Blend
39$438,000$438,000$438,000$438,000
40$489,311$466,097$459,308$531,845
41$512,347$462,062$447,821$556,473
42$536,887$456,983$435,103$579,321
43$563,056$450,783$421,086$603,602
44$590,994$443,377$405,699$629,442
45$620,853$434,680$388,867$656,978
46$652,799$424,599$370,514$686,360
47$687,015$413,034$350,556$717,755
48$723,702$399,884$328,911$751,344
49$763,078$385,037$305,488$787,329
50$805,386$368,379$280,197$825,931
51$850,891$349,784$252,938$867,392
52$899,883$329,125$223,613$911,979
53$952,681$306,262$192,114$959,987
54$1,009,637$281,051$158,332$1,011,740
55$1,071,135$253,337$122,151$1,067,594
56$1,137,599$222,959$83,451$1,127,942
57$1,209,494$189,745$42,108$1,193,215
58$1,287,333$153,512$0$1,263,892
59$1,371,677$114,070$0$1,340,602
60$1,463,144$71,216$0$1,426,220
61$1,562,415$24,736$0$1,519,142
62$1,670,238$0$0$1,620,077
63$1,787,435$0$0$1,731,776
64$1,914,912$0$0$1,855,346
65$2,053,663$0$0$1,989,850
66$2,204,786$0$0$2,136,348
67$2,369,484$0$0$2,296,011
68$2,549,086$0$0$2,470,125
69$2,745,052$0$0$2,660,105
70$2,958,989$0$0$2,867,512
71$3,192,667$0$0$3,094,060
72$3,448,033$0$0$3,341,639
73$3,727,233$0$0$3,612,329
74$4,032,627$0$0$3,908,419
75$4,366,816$0$0$4,232,431
76$4,732,663$0$0$4,587,141
77$5,133,319$0$0$4,975,605
78$5,572,257$0$0$5,401,192
79$6,053,299$0$0$5,867,607
80$6,580,658$0$0$6,378,935
81$7,158,969$0$0$6,939,672
82$7,793,341$0$0$7,554,772
83$8,489,400$0$0$8,229,691
84$9,253,343$0$0$8,970,438
85$10,091,996$0$0$9,783,633
86$11,012,878$0$0$10,676,568
87$12,024,273$0$0$11,657,274
88$13,135,304$0$0$12,734,601
89$14,356,023$0$0$13,918,296
90$15,697,506$0$0$15,219,099
91$17,171,950$0$0$16,648,838
92$18,792,796$0$0$18,220,550
93$20,574,852$0$0$19,948,591
94$22,534,431$0$0$21,848,784
95$24,689,506$0$0$23,938,558
96$27,059,881$0$0$26,237,116
97$29,667,374$0$0$28,765,618
98$32,536,024$0$0$31,547,374
99$35,692,317$0$0$34,608,071
100$39,165,438$0$0$37,976,010