Can I retire at age 40 with 449,000?

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 $449,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$37,078$36,748$36,426$36,111$35,804$34,644
2 years$18,355$18,014$17,682$17,361$17,049$15,892
3 years$12,115$11,772$11,442$11,123$10,817$9,698
4 years$8,996$8,654$8,327$8,014$7,715$6,643
5 years$7,125$6,785$6,462$6,155$5,865$4,842
6 years$5,878$5,540$5,222$4,922$4,640$3,669
7 years$4,987$4,653$4,340$4,047$3,774$2,853
8 years$4,320$3,988$3,680$3,395$3,131$2,260
9 years$3,801$3,472$3,170$2,892$2,637$1,815
10 years$3,386$3,061$2,764$2,493$2,247$1,473
11 years$3,047$2,725$2,433$2,169$1,932$1,205
12 years$2,765$2,446$2,159$1,903$1,674$992
13 years$2,526$2,210$1,929$1,680$1,460$821
14 years$2,321$2,009$1,733$1,491$1,280$682
15 years$2,144$1,835$1,565$1,330$1,127$568
16 years$1,989$1,684$1,419$1,191$996$475
17 years$1,853$1,551$1,291$1,070$883$398
18 years$1,732$1,433$1,179$964$785$334
19 years$1,623$1,328$1,079$871$700$281
20 years$1,526$1,234$990$789$625$236
21 years$1,438$1,149$911$716$559$199
22 years$1,358$1,073$839$651$501$168
23 years$1,285$1,004$775$593$450$142
24 years$1,219$940$717$541$405$120
25 years$1,158$882$664$494$364$101
26 years$1,101$829$616$452$328$85
27 years$1,049$780$572$413$296$72
28 years$1,001$735$532$379$267$61
29 years$956$694$495$347$241$52
30 years$914$655$461$319$218$44
31 years$875$619$430$293$197$37
32 years$838$586$401$269$178$31
33 years$804$555$374$247$161$27
34 years$772$526$350$228$146$23
35 years$742$499$327$210$132$19
36 years$713$474$306$193$120$16
37 years$686$450$286$178$108$14
38 years$661$427$268$164$98$12
39 years$637$406$251$151$89$10
40 years$614$387$235$139$81$8
41 years$592$368$221$129$73$7
42 years$572$351$207$119$67$6
43 years$552$334$194$110$60$5
44 years$533$318$182$101$55$4
45 years$516$304$171$93$50$4
46 years$499$290$161$86$45$3
47 years$483$276$151$80$41$3
48 years$467$264$142$74$37$2
49 years$452$252$133$68$34$2
50 years$438$241$125$63$31$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $449,000, adding $6,271 every year, while hoping to spend $33,331 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: 46/28/26 Blend
39$449,000$449,000$449,000$449,000
40$501,267$477,470$470,510$520,327
41$516,932$465,402$450,808$522,337
42$533,078$451,625$429,329$520,781
43$549,718$436,022$405,978$518,439
44$566,868$418,465$380,657$515,254
45$584,540$398,821$353,261$511,166
46$602,751$376,951$323,682$506,113
47$621,514$352,705$291,809$500,029
48$640,846$325,924$257,521$492,842
49$660,761$296,444$220,698$484,480
50$681,277$264,087$181,209$474,864
51$702,408$228,668$138,920$463,912
52$724,171$189,991$93,691$451,536
53$746,582$147,846$45,376$437,644
54$769,659$102,016$0$422,140
55$793,418$52,268$0$406,637
56$817,876$0$0$402,857
57$843,049$0$0$398,637
58$868,955$0$0$410,864
59$895,612$0$0$423,444
60$923,034$0$0$436,382
61$951,240$0$0$449,687
62$980,246$0$0$463,367
63$1,010,068$0$0$477,428
64$1,040,722$0$0$491,877
65$1,072,222$0$0$506,721
66$1,104,584$0$0$521,966
67$1,137,821$0$0$537,619
68$1,171,946$0$0$553,684
69$1,206,971$0$0$570,166
70$1,242,907$0$0$587,070
71$1,279,762$0$0$604,398
72$1,317,544$0$0$622,154
73$1,356,257$0$0$640,338
74$1,395,906$0$0$658,951
75$1,436,490$0$0$677,991
76$1,478,007$0$0$697,455
77$1,520,451$0$0$717,340
78$1,563,812$0$0$737,639
79$1,608,077$0$0$758,342
80$1,653,227$0$0$779,440
81$1,699,238$0$0$800,917
82$1,746,079$0$0$822,757
83$1,793,714$0$0$844,940
84$1,842,098$0$0$867,440
85$1,891,178$0$0$890,230
86$1,940,892$0$0$913,274
87$1,991,166$0$0$936,535
88$2,041,915$0$0$959,967
89$2,093,042$0$0$983,518
90$2,144,434$0$0$1,007,129
91$2,195,961$0$0$1,030,731
92$2,247,478$0$0$1,054,249
93$2,298,816$0$0$1,077,595
94$2,349,787$0$0$1,100,670
95$2,400,176$0$0$1,123,363
96$2,449,742$0$0$1,145,549
97$2,498,214$0$0$1,167,087
98$2,545,286$0$0$1,187,821
99$2,590,615$0$0$1,207,572
100$2,633,817$0$0$1,226,144