Can I retire at age 40 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$36,335$36,011$35,695$35,387$35,086$34,086
2 years$17,988$17,653$17,328$17,013$16,708$15,708
3 years$11,873$11,536$11,212$10,900$10,600$9,632
4 years$8,816$8,480$8,160$7,853$7,560$6,631
5 years$6,982$6,649$6,332$6,032$5,747$4,859
6 years$5,760$5,429$5,117$4,824$4,547$3,702
7 years$4,887$4,559$4,253$3,966$3,698$2,896
8 years$4,233$3,908$3,607$3,327$3,068$2,307
9 years$3,725$3,403$3,106$2,834$2,584$1,864
10 years$3,318$2,999$2,708$2,443$2,201$1,522
11 years$2,986$2,670$2,384$2,126$1,893$1,253
12 years$2,709$2,397$2,116$1,865$1,641$1,038
13 years$2,475$2,166$1,890$1,646$1,431$865
14 years$2,275$1,969$1,699$1,461$1,254$724
15 years$2,101$1,798$1,534$1,303$1,104$607
16 years$1,949$1,650$1,390$1,167$976$511
17 years$1,816$1,520$1,265$1,049$865$432
18 years$1,697$1,404$1,155$945$769$365
19 years$1,591$1,301$1,057$854$686$309
20 years$1,495$1,209$970$773$613$262
21 years$1,409$1,126$893$702$548$223
22 years$1,331$1,051$823$638$491$189
23 years$1,260$983$760$581$441$161
24 years$1,194$921$702$530$396$137
25 years$1,134$865$651$484$357$117
26 years$1,079$813$603$443$321$99
27 years$1,028$765$560$405$290$85
28 years$981$721$521$371$261$72
29 years$937$680$485$340$236$62
30 years$896$642$452$312$213$53
31 years$857$607$421$287$193$45
32 years$822$574$393$264$174$38
33 years$788$544$367$242$158$33
34 years$756$515$343$223$143$28
35 years$727$489$320$205$129$24
36 years$699$464$300$189$117$20
37 years$672$441$280$174$106$17
38 years$648$419$263$161$96$15
39 years$624$398$246$148$87$13
40 years$602$379$231$137$79$11
41 years$580$361$216$126$72$9
42 years$560$344$203$116$65$8
43 years$541$327$190$107$59$7
44 years$523$312$179$99$54$6
45 years$505$298$168$92$49$5
46 years$489$284$158$85$44$4
47 years$473$271$148$78$40$4
48 years$458$259$139$72$37$3
49 years$443$247$131$67$33$3
50 years$430$236$123$62$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $440,000, adding $6,144 every year, while hoping to spend $28,751 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: 41/35/24 Blend
39$440,000$440,000$440,000$440,000
40$491,218$467,898$461,078$507,671
41$510,731$460,234$445,933$512,392
42$531,271$451,231$429,317$514,310
43$552,912$440,793$411,151$515,817
44$575,736$428,818$391,351$516,890
45$599,829$415,199$369,830$517,508
46$625,290$399,821$346,497$517,652
47$652,222$382,565$321,257$517,299
48$680,740$363,303$294,011$516,432
49$710,971$341,899$264,655$515,031
50$743,049$318,212$233,081$513,079
51$777,126$292,090$199,175$510,561
52$813,365$263,374$162,819$507,461
53$851,945$231,896$123,890$503,770
54$893,061$197,477$82,258$499,478
55$936,930$159,930$37,790$494,580
56$983,785$119,055$0$489,074
57$1,033,886$74,643$0$485,439
58$1,087,513$26,472$0$491,697
59$1,144,979$0$0$498,213
60$1,206,621$0$0$514,946
61$1,272,815$0$0$543,901
62$1,343,968$0$0$575,068
63$1,420,530$0$0$608,647
64$1,502,996$0$0$644,861
65$1,591,906$0$0$683,955
66$1,687,857$0$0$726,196
67$1,791,503$0$0$771,878
68$1,903,562$0$0$821,325
69$2,024,825$0$0$874,894
70$2,156,160$0$0$932,975
71$2,298,523$0$0$995,999
72$2,452,964$0$0$1,064,439
73$2,620,637$0$0$1,138,815
74$2,802,813$0$0$1,219,701
75$3,000,890$0$0$1,307,726
76$3,216,404$0$0$1,403,584
77$3,451,048$0$0$1,508,036
78$3,706,682$0$0$1,621,924
79$3,985,356$0$0$1,746,170
80$4,289,322$0$0$1,881,791
81$4,621,064$0$0$2,029,908
82$4,983,311$0$0$2,191,752
83$5,379,071$0$0$2,368,681
84$5,811,653$0$0$2,562,187
85$6,284,702$0$0$2,773,915
86$6,802,230$0$0$3,005,677
87$7,368,656$0$0$3,259,467
88$7,988,843$0$0$3,537,480
89$8,668,151$0$0$3,842,135
90$9,412,477$0$0$4,176,096
91$10,228,321$0$0$4,542,296
92$11,122,837$0$0$4,943,966
93$12,103,908$0$0$5,384,665
94$13,180,214$0$0$5,868,311
95$14,361,317$0$0$6,399,224
96$15,657,749$0$0$6,982,159
97$17,081,112$0$0$7,622,354
98$18,644,186$0$0$8,325,582
99$20,361,048$0$0$9,098,201
100$22,247,208$0$0$9,947,213