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%19.5%
1 years$36,995$36,666$36,344$36,031$35,724$34,361
2 years$18,315$17,973$17,643$17,322$17,011$15,654
3 years$12,088$11,746$11,416$11,099$10,793$9,484
4 years$8,976$8,634$8,308$7,996$7,698$6,447
5 years$7,109$6,770$6,447$6,142$5,852$4,663
6 years$5,865$5,528$5,210$4,912$4,630$3,504
7 years$4,976$4,642$4,330$4,038$3,766$2,702
8 years$4,310$3,979$3,672$3,387$3,124$2,121
9 years$3,793$3,465$3,163$2,885$2,631$1,688
10 years$3,379$3,054$2,757$2,487$2,242$1,357
11 years$3,040$2,719$2,428$2,165$1,928$1,099
12 years$2,758$2,440$2,154$1,899$1,671$896
13 years$2,520$2,205$1,925$1,676$1,457$734
14 years$2,316$2,004$1,729$1,488$1,277$603
15 years$2,139$1,831$1,561$1,327$1,124$497
16 years$1,985$1,680$1,416$1,188$994$411
17 years$1,849$1,547$1,288$1,068$881$341
18 years$1,728$1,430$1,176$962$783$283
19 years$1,620$1,325$1,077$869$698$235
20 years$1,523$1,231$988$787$624$196
21 years$1,435$1,147$909$715$558$163
22 years$1,355$1,071$838$650$500$136
23 years$1,283$1,001$773$592$449$113
24 years$1,216$938$715$540$404$94
25 years$1,155$880$662$493$363$79
26 years$1,099$827$614$451$327$66
27 years$1,047$779$571$412$295$55
28 years$998$734$530$378$266$46
29 years$954$692$494$347$240$38
30 years$912$654$460$318$217$32
31 years$873$618$429$292$196$27
32 years$836$585$400$268$178$22
33 years$802$554$373$247$161$19
34 years$770$525$349$227$146$16
35 years$740$498$326$209$132$13
36 years$712$473$305$193$119$11
37 years$685$449$286$177$108$9
38 years$659$426$267$164$98$8
39 years$635$406$251$151$89$6
40 years$612$386$235$139$81$5
41 years$591$367$220$128$73$5
42 years$570$350$207$118$66$4
43 years$551$333$194$109$60$3
44 years$532$318$182$101$55$3
45 years$515$303$171$93$50$2
46 years$498$289$160$86$45$2
47 years$482$276$151$80$41$2
48 years$466$263$142$74$37$1
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 $2,227 every year, while hoping to spend $33,176 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: 37/46/17 Blend
39$448,000$448,000$448,000$448,000
40$495,993$472,249$465,305$511,716
41$511,285$460,090$445,594$511,101
42$527,026$446,224$424,110$507,127
43$543,224$430,531$400,760$502,132
44$559,892$412,886$375,445$496,044
45$577,040$393,156$348,061$488,785
46$594,678$371,201$318,501$480,272
47$612,817$346,871$286,652$470,418
48$631,466$320,010$252,397$459,130
49$650,636$290,451$215,613$446,312
50$670,337$258,019$176,172$431,859
51$690,577$222,527$133,939$415,662
52$711,365$183,781$88,776$397,607
53$732,710$141,571$40,535$377,570
54$754,619$95,681$0$355,422
55$777,098$45,877$0$333,013
56$800,154$0$0$316,187
57$823,790$0$0$301,554
58$848,012$0$0$310,348
59$872,820$0$0$319,347
60$898,215$0$0$328,551
61$924,196$0$0$337,958
62$950,760$0$0$347,564
63$977,900$0$0$357,367
64$1,005,609$0$0$367,363
65$1,033,875$0$0$377,544
66$1,062,684$0$0$387,904
67$1,092,017$0$0$398,434
68$1,121,851$0$0$409,124
69$1,152,159$0$0$419,960
70$1,182,909$0$0$430,929
71$1,214,063$0$0$442,013
72$1,245,575$0$0$453,191
73$1,277,392$0$0$464,442
74$1,309,456$0$0$475,739
75$1,341,695$0$0$487,052
76$1,374,031$0$0$498,346
77$1,406,374$0$0$509,584
78$1,438,619$0$0$520,720
79$1,470,650$0$0$531,706
80$1,502,335$0$0$542,485
81$1,533,525$0$0$552,995
82$1,564,052$0$0$563,165
83$1,593,726$0$0$572,916
84$1,622,337$0$0$582,159
85$1,649,647$0$0$590,796
86$1,675,391$0$0$598,715
87$1,699,271$0$0$605,792
88$1,720,955$0$0$611,891
89$1,740,075$0$0$616,858
90$1,756,218$0$0$620,522
91$1,768,925$0$0$622,693
92$1,777,686$0$0$623,161
93$1,781,933$0$0$621,689
94$1,781,035$0$0$618,020
95$1,774,291$0$0$611,863
96$1,760,925$0$0$602,898
97$1,740,074$0$0$590,770
98$1,710,782$0$0$575,087
99$1,671,988$0$0$555,411
100$1,622,518$0$0$531,261