Can I retire at age 40 with 450,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $450,000?

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$37,161$36,830$36,507$36,191$35,884$34,721
2 years$18,396$18,054$17,722$17,400$17,087$15,927
3 years$12,142$11,798$11,467$11,148$10,841$9,719
4 years$9,016$8,673$8,345$8,032$7,732$6,657
5 years$7,141$6,800$6,476$6,169$5,878$4,853
6 years$5,891$5,552$5,234$4,933$4,651$3,677
7 years$4,999$4,663$4,349$4,056$3,782$2,860
8 years$4,330$3,997$3,688$3,403$3,138$2,265
9 years$3,810$3,480$3,177$2,898$2,642$1,819
10 years$3,394$3,068$2,770$2,498$2,252$1,476
11 years$3,054$2,731$2,438$2,174$1,936$1,207
12 years$2,771$2,451$2,164$1,907$1,678$994
13 years$2,531$2,215$1,933$1,684$1,463$822
14 years$2,326$2,013$1,737$1,495$1,283$683
15 years$2,149$1,839$1,568$1,333$1,129$570
16 years$1,994$1,688$1,422$1,193$998$476
17 years$1,857$1,554$1,294$1,072$885$399
18 years$1,735$1,436$1,181$966$787$335
19 years$1,627$1,331$1,081$873$701$281
20 years$1,529$1,237$992$791$627$237
21 years$1,441$1,152$913$718$561$200
22 years$1,361$1,075$841$653$503$168
23 years$1,288$1,006$777$594$451$142
24 years$1,222$942$718$542$405$120
25 years$1,160$884$665$495$365$101
26 years$1,104$831$617$453$329$86
27 years$1,051$782$573$414$296$72
28 years$1,003$737$533$380$267$61
29 years$958$695$496$348$241$52
30 years$916$657$462$319$218$44
31 years$877$621$430$293$197$37
32 years$840$587$402$270$178$31
33 years$806$556$375$248$161$27
34 years$774$527$350$228$146$23
35 years$743$500$328$210$132$19
36 years$715$475$306$193$120$16
37 years$688$451$287$178$109$14
38 years$662$428$269$164$99$12
39 years$638$407$252$151$89$10
40 years$615$388$236$140$81$8
41 years$594$369$221$129$74$7
42 years$573$351$207$119$67$6
43 years$553$335$195$110$61$5
44 years$535$319$183$101$55$4
45 years$517$304$172$94$50$4
46 years$500$290$161$86$45$3
47 years$484$277$151$80$41$3
48 years$468$264$142$74$37$2
49 years$454$253$134$68$34$2
50 years$439$241$126$63$31$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $450,000, adding $6,172 every year, while hoping to spend $31,117 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: 49/26/25 Blend
39$450,000$450,000$450,000$450,000
40$502,266$478,416$471,441$523,053
41$520,389$468,751$454,126$528,536
42$539,318$457,568$435,189$530,888
43$559,101$444,762$414,540$532,819
44$579,793$430,219$392,091$534,304
45$601,451$413,818$367,745$535,317
46$624,137$395,434$341,402$535,831
47$647,919$374,930$312,960$535,818
48$672,871$352,166$282,308$535,253
49$699,073$326,990$249,334$534,107
50$726,610$299,245$213,918$532,354
51$755,577$268,761$175,937$529,966
52$786,077$235,361$135,262$526,917
53$818,220$198,858$91,758$523,182
54$852,130$159,053$45,282$518,736
55$887,937$115,736$0$513,554
56$925,787$68,687$0$508,767
57$965,836$17,672$0$516,168
58$1,008,258$0$0$523,691
59$1,053,240$0$0$542,111
60$1,100,987$0$0$567,056
61$1,151,725$0$0$593,588
62$1,205,698$0$0$621,841
63$1,263,177$0$0$651,958
64$1,324,455$0$0$684,097
65$1,389,855$0$0$718,433
66$1,459,730$0$0$755,154
67$1,534,469$0$0$794,470
68$1,614,494$0$0$836,608
69$1,700,273$0$0$881,818
70$1,792,316$0$0$930,376
71$1,891,184$0$0$982,583
72$1,997,491$0$0$1,038,771
73$2,111,915$0$0$1,099,303
74$2,235,196$0$0$1,164,578
75$2,368,150$0$0$1,235,035
76$2,511,671$0$0$1,311,156
77$2,666,743$0$0$1,393,472
78$2,834,448$0$0$1,482,564
79$3,015,973$0$0$1,579,072
80$3,212,624$0$0$1,683,701
81$3,425,838$0$0$1,797,224
82$3,657,194$0$0$1,920,493
83$3,908,429$0$0$2,054,443
84$4,181,453$0$0$2,200,106
85$4,478,368$0$0$2,358,614
86$4,801,486$0$0$2,531,213
87$5,153,351$0$0$2,719,276
88$5,536,763$0$0$2,924,313
89$5,954,803$0$0$3,147,985
90$6,410,862$0$0$3,392,122
91$6,908,672$0$0$3,658,736
92$7,452,341$0$0$3,950,045
93$8,046,393$0$0$4,268,488
94$8,695,806$0$0$4,616,751
95$9,406,062$0$0$4,997,793
96$10,183,199$0$0$5,414,870
97$11,033,861$0$0$5,871,570
98$11,965,368$0$0$6,371,840
99$12,985,780$0$0$6,920,032
100$14,103,971$0$0$7,520,934