Can I retire at age 40 with 448,000?

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 $448,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$36,995$36,666$36,344$36,031$35,724$34,443
2 years$18,315$17,973$17,643$17,322$17,011$15,735
3 years$12,088$11,746$11,416$11,099$10,793$9,560
4 years$8,976$8,634$8,308$7,996$7,698$6,519
5 years$7,109$6,770$6,447$6,142$5,852$4,730
6 years$5,865$5,528$5,210$4,912$4,630$3,566
7 years$4,976$4,642$4,330$4,038$3,766$2,759
8 years$4,310$3,979$3,672$3,387$3,124$2,174
9 years$3,793$3,465$3,163$2,885$2,631$1,736
10 years$3,379$3,054$2,757$2,487$2,242$1,401
11 years$3,040$2,719$2,428$2,165$1,928$1,139
12 years$2,758$2,440$2,154$1,899$1,671$932
13 years$2,520$2,205$1,925$1,676$1,457$767
14 years$2,316$2,004$1,729$1,488$1,277$633
15 years$2,139$1,831$1,561$1,327$1,124$524
16 years$1,985$1,680$1,416$1,188$994$435
17 years$1,849$1,547$1,288$1,068$881$362
18 years$1,728$1,430$1,176$962$783$302
19 years$1,620$1,325$1,077$869$698$252
20 years$1,523$1,231$988$787$624$211
21 years$1,435$1,147$909$715$558$176
22 years$1,355$1,071$838$650$500$148
23 years$1,283$1,001$773$592$449$124
24 years$1,216$938$715$540$404$104
25 years$1,155$880$662$493$363$87
26 years$1,099$827$614$451$327$73
27 years$1,047$779$571$412$295$61
28 years$998$734$530$378$266$52
29 years$954$692$494$347$240$43
30 years$912$654$460$318$217$36
31 years$873$618$429$292$196$31
32 years$836$585$400$268$178$26
33 years$802$554$373$247$161$22
34 years$770$525$349$227$146$18
35 years$740$498$326$209$132$15
36 years$712$473$305$193$119$13
37 years$685$449$286$177$108$11
38 years$659$426$267$164$98$9
39 years$635$406$251$151$89$8
40 years$612$386$235$139$81$6
41 years$591$367$220$128$73$5
42 years$570$350$207$118$66$5
43 years$551$333$194$109$60$4
44 years$532$318$182$101$55$3
45 years$515$303$171$93$50$3
46 years$498$289$160$86$45$2
47 years$482$276$151$80$41$2
48 years$466$263$142$74$37$2
49 years$451$251$133$68$34$1
50 years$437$240$125$63$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $448,000, adding $6,929 every year, while hoping to spend $32,627 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: 76/15/9 Blend
39$448,000$448,000$448,000$448,000
40$500,843$477,099$470,155$537,641
41$517,214$465,762$451,191$551,484
42$534,162$452,776$430,497$561,805
43$551,710$438,026$407,982$572,186
44$569,885$421,389$383,550$582,620
45$588,713$402,737$357,099$593,099
46$608,224$381,934$328,524$603,617
47$628,448$358,833$297,714$614,167
48$649,417$333,284$264,556$624,740
49$671,167$305,124$228,928$635,331
50$693,734$274,183$190,705$645,930
51$717,157$240,280$149,755$656,531
52$741,478$203,225$105,943$667,126
53$766,742$162,816$59,125$677,707
54$792,996$118,841$9,152$688,267
55$820,291$71,074$0$698,799
56$848,683$19,278$0$713,538
57$878,229$0$0$729,452
58$908,992$0$0$751,743
59$941,041$0$0$778,283
60$974,448$0$0$805,952
61$1,009,291$0$0$834,813
62$1,045,655$0$0$864,938
63$1,083,630$0$0$896,403
64$1,123,316$0$0$929,289
65$1,164,818$0$0$963,685
66$1,208,251$0$0$999,687
67$1,253,740$0$0$1,037,399
68$1,301,419$0$0$1,076,933
69$1,351,436$0$0$1,118,413
70$1,403,948$0$0$1,161,969
71$1,459,128$0$0$1,207,747
72$1,517,165$0$0$1,255,903
73$1,578,260$0$0$1,306,608
74$1,642,638$0$0$1,360,046
75$1,710,539$0$0$1,416,419
76$1,782,226$0$0$1,475,949
77$1,857,989$0$0$1,538,876
78$1,938,139$0$0$1,605,460
79$2,023,019$0$0$1,675,990
80$2,113,004$0$0$1,750,776
81$2,208,502$0$0$1,830,162
82$2,309,959$0$0$1,914,520
83$2,417,865$0$0$2,004,260
84$2,532,755$0$0$2,099,829
85$2,655,214$0$0$2,201,717
86$2,785,884$0$0$2,310,460
87$2,925,467$0$0$2,426,646
88$3,074,733$0$0$2,550,919
89$3,234,526$0$0$2,683,986
90$3,405,773$0$0$2,826,622
91$3,589,489$0$0$2,979,675
92$3,786,788$0$0$3,144,080
93$3,998,894$0$0$3,320,858
94$4,227,148$0$0$3,511,135
95$4,473,027$0$0$3,716,143
96$4,738,148$0$0$3,937,239
97$5,024,291$0$0$4,175,911
98$5,333,410$0$0$4,433,796
99$5,667,654$0$0$4,712,691
100$6,029,383$0$0$5,014,573