Can I retire at age 40 with 451,000?

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 $451,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$37,243$36,911$36,588$36,272$35,963$35,797
2 years$18,437$18,094$17,761$17,438$17,125$16,957
3 years$12,169$11,825$11,493$11,173$10,865$10,701
4 years$9,036$8,692$8,364$8,049$7,749$7,589
5 years$7,157$6,815$6,491$6,183$5,891$5,736
6 years$5,904$5,565$5,245$4,944$4,661$4,512
7 years$5,010$4,673$4,359$4,065$3,791$3,648
8 years$4,339$4,006$3,697$3,410$3,145$3,007
9 years$3,818$3,488$3,184$2,905$2,648$2,517
10 years$3,401$3,074$2,776$2,504$2,257$2,130
11 years$3,061$2,737$2,444$2,179$1,941$1,820
12 years$2,777$2,457$2,169$1,911$1,682$1,567
13 years$2,537$2,220$1,938$1,687$1,467$1,357
14 years$2,331$2,018$1,741$1,498$1,286$1,181
15 years$2,154$1,843$1,572$1,336$1,132$1,032
16 years$1,998$1,691$1,425$1,196$1,000$906
17 years$1,861$1,558$1,297$1,075$887$797
18 years$1,739$1,439$1,184$969$789$703
19 years$1,631$1,334$1,084$875$703$622
20 years$1,533$1,240$995$793$628$551
21 years$1,444$1,155$915$719$562$489
22 years$1,364$1,078$843$654$504$435
23 years$1,291$1,008$779$596$452$387
24 years$1,224$944$720$543$406$345
25 years$1,163$886$667$496$366$308
26 years$1,106$833$618$454$329$275
27 years$1,054$784$574$415$297$246
28 years$1,005$739$534$380$268$220
29 years$960$697$497$349$242$197
30 years$918$658$463$320$219$176
31 years$879$622$431$294$198$158
32 years$842$589$403$270$179$142
33 years$808$557$376$249$162$127
34 years$775$528$351$229$147$114
35 years$745$501$328$210$133$102
36 years$716$476$307$194$120$92
37 years$689$452$287$179$109$83
38 years$664$429$269$165$99$74
39 years$640$408$252$152$90$67
40 years$617$388$236$140$81$60
41 years$595$370$222$129$74$54
42 years$574$352$208$119$67$48
43 years$555$336$195$110$61$43
44 years$536$320$183$102$55$39
45 years$518$305$172$94$50$35
46 years$501$291$162$87$45$32
47 years$485$278$152$80$41$28
48 years$469$265$143$74$37$26
49 years$455$253$134$68$34$23
50 years$440$242$126$63$31$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $451,000, adding $2,951 every year, while hoping to spend $34,356 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: 65/13/22 Blend
39$451,000$451,000$451,000$451,000
40$500,046$476,143$469,152$529,542
41$514,496$462,919$448,315$536,521
42$529,269$447,897$425,627$539,988
43$544,360$430,950$400,992$542,981
44$559,766$411,947$374,306$545,455
45$575,480$390,750$345,463$547,363
46$591,493$367,211$314,350$548,653
47$607,794$341,173$280,850$549,270
48$624,371$312,473$244,840$549,154
49$641,209$280,936$206,194$548,241
50$658,288$246,378$164,777$546,463
51$675,587$208,604$120,451$543,747
52$693,080$167,409$73,070$540,012
53$710,738$122,576$22,481$535,174
54$728,527$73,875$0$529,141
55$746,407$21,065$0$529,210
56$764,333$0$0$533,991
57$782,253$0$0$543,294
58$800,111$0$0$555,549
59$817,839$0$0$567,694
60$835,363$0$0$579,676
61$852,598$0$0$591,433
62$869,451$0$0$602,897
63$885,814$0$0$613,991
64$901,568$0$0$624,629
65$916,579$0$0$634,715
66$930,697$0$0$644,140
67$943,755$0$0$652,785
68$955,566$0$0$660,513
69$965,922$0$0$667,176
70$974,589$0$0$672,606
71$981,311$0$0$676,618
72$985,798$0$0$679,004
73$987,731$0$0$679,534
74$986,755$0$0$677,954
75$982,476$0$0$673,979
76$974,454$0$0$667,295
77$962,205$0$0$657,554
78$945,189$0$0$644,368
79$922,811$0$0$627,309
80$894,408$0$0$605,903
81$859,248$0$0$579,623
82$816,521$0$0$547,888
83$765,329$0$0$510,054
84$704,679$0$0$465,409
85$633,474$0$0$413,165
86$550,498$0$0$352,451
87$454,410$0$0$282,304
88$343,726$0$0$201,660
89$216,804$0$0$109,343
90$71,835$0$0$4,054
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0