Can I retire at age 40 with 442,000?

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 $442,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$36,500$36,175$35,858$35,548$35,246$33,955
2 years$18,069$17,733$17,407$17,090$16,784$15,497
3 years$11,927$11,589$11,263$10,950$10,648$9,407
4 years$8,856$8,519$8,197$7,889$7,594$6,408
5 years$7,014$6,679$6,361$6,059$5,773$4,644
6 years$5,786$5,454$5,141$4,846$4,568$3,498
7 years$4,910$4,580$4,272$3,984$3,715$2,703
8 years$4,253$3,926$3,623$3,342$3,082$2,127
9 years$3,742$3,418$3,120$2,847$2,596$1,697
10 years$3,333$3,013$2,720$2,454$2,212$1,367
11 years$2,999$2,682$2,395$2,136$1,902$1,111
12 years$2,721$2,408$2,126$1,873$1,648$908
13 years$2,486$2,176$1,899$1,654$1,437$745
14 years$2,285$1,978$1,706$1,468$1,260$614
15 years$2,111$1,807$1,541$1,309$1,109$508
16 years$1,958$1,658$1,397$1,172$980$421
17 years$1,824$1,527$1,271$1,053$869$350
18 years$1,705$1,411$1,160$949$773$291
19 years$1,598$1,307$1,062$858$689$243
20 years$1,502$1,215$975$777$615$203
21 years$1,416$1,132$897$705$551$169
22 years$1,337$1,056$826$641$494$142
23 years$1,265$988$763$584$443$119
24 years$1,200$926$706$532$398$99
25 years$1,140$869$654$486$358$83
26 years$1,084$816$606$445$323$70
27 years$1,033$768$563$407$291$58
28 years$985$724$523$373$263$49
29 years$941$683$487$342$237$41
30 years$900$645$454$314$214$34
31 years$861$610$423$288$194$29
32 years$825$577$395$265$175$24
33 years$792$546$368$244$159$20
34 years$760$518$344$224$144$17
35 years$730$491$322$206$130$14
36 years$702$466$301$190$118$12
37 years$675$443$282$175$107$10
38 years$650$421$264$161$97$8
39 years$627$400$247$149$88$7
40 years$604$381$232$137$80$6
41 years$583$362$217$127$72$5
42 years$563$345$204$117$66$4
43 years$543$329$191$108$59$4
44 years$525$313$180$100$54$3
45 years$508$299$169$92$49$2
46 years$491$285$158$85$45$2
47 years$475$272$149$78$40$2
48 years$460$260$140$73$37$1
49 years$445$248$131$67$33$1
50 years$432$237$124$62$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $442,000, adding $4,310 every year, while hoping to spend $32,645 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: 77/12/11 Blend
39$442,000$442,000$442,000$442,000
40$491,530$468,104$461,253$528,053
41$506,932$456,307$441,971$540,897
42$522,811$442,838$420,949$550,382
43$539,181$427,580$398,094$559,853
44$556,056$410,411$373,309$569,297
45$573,452$391,199$346,493$578,697
46$591,384$369,807$317,540$588,037
47$609,867$346,090$286,340$597,301
48$628,918$319,893$252,776$606,469
49$648,552$291,052$216,729$615,521
50$668,787$259,396$178,072$624,435
51$689,639$224,743$136,674$633,188
52$711,127$186,899$92,396$641,755
53$733,267$145,662$45,097$650,109
54$756,078$100,818$0$658,222
55$779,578$52,138$0$666,695
56$803,786$0$0$680,552
57$828,722$0$0$694,562
58$854,403$0$0$716,082
59$880,850$0$0$738,243
60$908,083$0$0$761,062
61$936,122$0$0$784,554
62$964,985$0$0$808,738
63$994,695$0$0$833,630
64$1,025,270$0$0$859,246
65$1,056,730$0$0$885,604
66$1,089,097$0$0$912,719
67$1,122,389$0$0$940,609
68$1,156,627$0$0$969,290
69$1,191,829$0$0$998,777
70$1,228,014$0$0$1,029,087
71$1,265,200$0$0$1,060,234
72$1,303,406$0$0$1,092,233
73$1,342,647$0$0$1,125,097
74$1,382,938$0$0$1,158,838
75$1,424,295$0$0$1,193,470
76$1,466,729$0$0$1,229,001
77$1,510,252$0$0$1,265,442
78$1,554,872$0$0$1,302,798
79$1,600,597$0$0$1,341,075
80$1,647,431$0$0$1,380,277
81$1,695,374$0$0$1,420,403
82$1,744,424$0$0$1,461,451
83$1,794,576$0$0$1,503,416
84$1,845,817$0$0$1,546,287
85$1,898,134$0$0$1,590,050
86$1,951,504$0$0$1,634,688
87$2,005,900$0$0$1,680,177
88$2,061,288$0$0$1,726,485
89$2,117,625$0$0$1,773,578
90$2,174,861$0$0$1,821,410
91$2,232,933$0$0$1,869,929
92$2,291,770$0$0$1,919,074
93$2,351,288$0$0$1,968,771
94$2,411,388$0$0$2,018,937
95$2,471,956$0$0$2,069,474
96$2,532,863$0$0$2,120,271
97$2,593,958$0$0$2,171,200
98$2,655,071$0$0$2,222,116
99$2,716,008$0$0$2,272,853
100$2,776,550$0$0$2,323,224