Can I retire at age 40 with 445,000?

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 $445,000?

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$36,748$36,420$36,101$35,789$35,485$35,012
2 years$18,192$17,853$17,525$17,206$16,898$16,422
3 years$12,007$11,667$11,340$11,024$10,721$10,257
4 years$8,916$8,577$8,252$7,942$7,646$7,198
5 years$7,061$6,724$6,404$6,101$5,812$5,382
6 years$5,825$5,491$5,176$4,879$4,599$4,186
7 years$4,943$4,611$4,301$4,011$3,740$3,344
8 years$4,281$3,953$3,647$3,365$3,103$2,725
9 years$3,767$3,441$3,142$2,866$2,613$2,252
10 years$3,356$3,033$2,739$2,471$2,227$1,882
11 years$3,020$2,701$2,411$2,150$1,915$1,588
12 years$2,740$2,424$2,140$1,886$1,659$1,348
13 years$2,503$2,190$1,912$1,665$1,447$1,152
14 years$2,300$1,991$1,718$1,478$1,268$989
15 years$2,125$1,819$1,551$1,318$1,117$852
16 years$1,972$1,669$1,406$1,180$987$737
17 years$1,836$1,537$1,280$1,060$875$639
18 years$1,716$1,420$1,168$956$778$556
19 years$1,609$1,316$1,069$864$694$484
20 years$1,512$1,223$981$782$620$423
21 years$1,425$1,139$903$710$554$369
22 years$1,346$1,063$832$645$497$323
23 years$1,274$995$768$588$446$283
24 years$1,208$932$710$536$401$248
25 years$1,147$875$658$490$361$218
26 years$1,091$822$610$448$325$192
27 years$1,040$774$567$410$293$168
28 years$992$729$527$375$264$148
29 years$947$688$490$344$239$130
30 years$906$649$457$316$216$115
31 years$867$614$426$290$195$101
32 years$831$581$397$267$176$89
33 years$797$550$371$245$160$79
34 years$765$521$347$226$145$69
35 years$735$494$324$208$131$61
36 years$707$469$303$191$119$54
37 years$680$446$284$176$108$48
38 years$655$424$266$162$97$42
39 years$631$403$249$150$88$37
40 years$608$383$233$138$80$33
41 years$587$365$219$127$73$29
42 years$567$347$205$118$66$25
43 years$547$331$193$109$60$22
44 years$529$316$181$100$54$20
45 years$511$301$170$93$49$18
46 years$494$287$159$86$45$15
47 years$478$274$150$79$41$14
48 years$463$262$141$73$37$12
49 years$448$250$132$67$34$11
50 years$434$239$124$62$30$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $445,000, adding $5,740 every year, while hoping to spend $20,755 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: 52/32/16 Blend
39$445,000$445,000$445,000$445,000
40$496,311$472,726$465,828$519,681
41$524,851$473,806$459,350$537,402
42$555,607$474,244$451,960$554,003
43$588,783$473,986$443,604$571,599
44$624,602$472,974$434,229$590,290
45$663,312$471,150$423,775$610,188
46$705,182$468,449$412,184$631,416
47$750,511$464,804$399,393$654,112
48$799,626$460,141$385,335$678,429
49$852,886$454,386$369,942$704,536
50$910,687$447,458$353,141$732,621
51$973,464$439,270$334,859$762,891
52$1,041,696$429,733$315,015$795,578
53$1,115,909$418,750$293,528$830,938
54$1,196,682$406,220$270,312$869,254
55$1,284,654$392,034$245,277$910,840
56$1,380,524$376,080$218,330$956,046
57$1,485,066$358,236$189,372$1,005,256
58$1,599,128$338,375$158,302$1,058,899
59$1,723,647$316,363$125,012$1,117,446
60$1,859,650$292,056$89,391$1,181,422
61$2,008,272$265,304$51,323$1,251,406
62$2,170,759$235,948$10,687$1,328,040
63$2,348,487$203,819$0$1,412,033
64$2,542,966$168,740$0$1,509,750
65$2,755,862$130,522$0$1,618,790
66$2,989,010$88,967$0$1,738,310
67$3,244,428$43,866$0$1,869,397
68$3,524,341$0$0$2,013,252
69$3,831,198$0$0$2,172,960
70$4,167,696$0$0$2,365,080
71$4,536,808$0$0$2,575,865
72$4,941,805$0$0$2,807,192
73$5,386,292$0$0$3,061,124
74$5,874,240$0$0$3,339,937
75$6,410,024$0$0$3,646,135
76$6,998,460$0$0$3,982,481
77$7,644,858$0$0$4,352,013
78$8,355,063$0$0$4,758,082
79$9,135,518$0$0$5,204,378
80$9,993,319$0$0$5,694,967
81$10,936,283$0$0$6,234,328
82$11,973,025$0$0$6,827,395
83$13,113,034$0$0$7,479,607
84$14,366,765$0$0$8,196,952
85$15,745,736$0$0$8,986,031
86$17,262,640$0$0$9,854,115
87$18,931,459$0$0$10,809,216
88$20,767,601$0$0$11,860,162
89$22,788,041$0$0$13,016,679
90$25,011,483$0$0$14,289,484
91$27,458,537$0$0$15,690,386
92$30,151,911$0$0$17,232,397
93$33,116,626$0$0$18,929,853
94$36,380,253$0$0$20,798,551
95$39,973,169$0$0$22,855,900
96$43,928,851$0$0$25,121,078
97$48,284,182$0$0$27,615,222
98$53,079,806$0$0$30,361,620
99$58,360,509$0$0$33,385,934
100$64,175,641$0$0$36,716,442