Can I retire at age 40 with 453,000?

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 $453,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$37,408$37,075$36,750$36,433$36,123$34,855
2 years$18,519$18,174$17,840$17,516$17,201$15,937
3 years$12,223$11,877$11,544$11,222$10,913$9,693
4 years$9,076$8,731$8,401$8,085$7,783$6,616
5 years$7,188$6,845$6,519$6,210$5,917$4,805
6 years$5,930$5,590$5,269$4,966$4,682$3,627
7 years$5,032$4,694$4,378$4,083$3,808$2,809
8 years$4,358$4,024$3,713$3,425$3,159$2,216
9 years$3,835$3,503$3,198$2,918$2,660$1,772
10 years$3,416$3,088$2,788$2,515$2,267$1,432
11 years$3,074$2,749$2,455$2,189$1,949$1,166
12 years$2,789$2,467$2,178$1,920$1,689$955
13 years$2,548$2,230$1,946$1,695$1,473$787
14 years$2,342$2,027$1,749$1,505$1,291$650
15 years$2,163$1,852$1,579$1,342$1,137$539
16 years$2,007$1,699$1,431$1,201$1,005$449
17 years$1,869$1,565$1,303$1,079$891$374
18 years$1,747$1,446$1,189$973$792$312
19 years$1,638$1,340$1,089$879$706$261
20 years$1,540$1,245$999$796$631$218
21 years$1,451$1,160$919$723$564$183
22 years$1,370$1,083$847$657$506$154
23 years$1,297$1,012$782$598$454$129
24 years$1,230$949$723$546$408$108
25 years$1,168$890$670$498$367$91
26 years$1,111$837$621$456$331$76
27 years$1,058$787$577$417$298$64
28 years$1,010$742$536$382$269$54
29 years$964$700$499$350$243$46
30 years$922$661$465$322$220$38
31 years$883$625$433$295$199$32
32 years$846$591$404$271$180$27
33 years$811$560$378$250$163$23
34 years$779$531$353$230$147$19
35 years$748$503$330$211$133$16
36 years$719$478$309$195$121$14
37 years$692$454$289$179$109$11
38 years$667$431$270$165$99$10
39 years$642$410$253$152$90$8
40 years$619$390$237$141$82$7
41 years$597$371$223$130$74$6
42 years$577$354$209$120$67$5
43 years$557$337$196$111$61$4
44 years$538$321$184$102$55$3
45 years$520$306$173$94$50$3
46 years$503$292$162$87$46$2
47 years$487$279$152$80$41$2
48 years$471$266$143$74$38$2
49 years$457$254$135$69$34$1
50 years$442$243$127$63$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $453,000, adding $2,690 every year, while hoping to spend $21,248 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: 70/13/17 Blend
39$453,000$453,000$453,000$453,000
40$501,981$477,972$470,950$534,921
41$530,575$478,785$464,119$558,008
42$561,374$478,925$456,348$580,479
43$594,580$478,338$447,581$604,535
44$630,415$476,965$437,763$630,329
45$669,123$474,742$426,834$658,031
46$710,974$471,605$414,733$687,828
47$756,262$467,482$401,395$719,927
48$805,311$462,299$386,752$754,555
49$858,479$455,977$370,734$791,966
50$916,156$448,434$353,267$832,438
51$978,776$439,579$334,273$876,277
52$1,046,812$429,319$313,672$923,822
53$1,120,786$417,554$291,379$975,448
54$1,201,272$404,180$267,306$1,031,567
55$1,288,901$389,085$241,361$1,092,637
56$1,384,370$372,151$213,447$1,159,159
57$1,488,442$353,253$183,464$1,231,691
58$1,601,960$332,259$151,307$1,310,843
59$1,725,851$309,030$116,866$1,397,294
60$1,861,133$283,418$80,027$1,491,790
61$2,008,931$255,268$40,670$1,595,155
62$2,170,480$224,414$0$1,708,297
63$2,347,141$190,682$0$1,832,463
64$2,540,412$153,889$0$1,976,405
65$2,751,944$113,839$0$2,133,985
66$2,983,553$70,328$0$2,306,576
67$3,237,240$23,138$0$2,495,692
68$3,515,208$0$0$2,703,001
69$3,819,883$0$0$2,934,342
70$4,153,938$0$0$3,191,644
71$4,520,316$0$0$3,473,868
72$4,922,259$0$0$3,783,514
73$5,363,337$0$0$4,123,336
74$5,847,485$0$0$4,496,368
75$6,379,033$0$0$4,905,951
76$6,962,756$0$0$5,355,767
77$7,603,909$0$0$5,849,871
78$8,308,285$0$0$6,392,730
79$9,082,264$0$0$6,989,264
80$9,932,875$0$0$7,644,896
81$10,867,860$0$0$8,365,598
82$11,895,753$0$0$9,157,952
83$13,025,950$0$0$10,029,205
84$14,268,807$0$0$10,987,346
85$15,635,734$0$0$12,041,176
86$17,139,299$0$0$13,200,389
87$18,793,354$0$0$14,475,669
88$20,613,155$0$0$15,878,786
89$22,615,517$0$0$17,422,709
90$24,818,965$0$0$19,121,727
91$27,243,909$0$0$20,991,585
92$29,912,839$0$0$23,049,630
93$32,850,538$0$0$25,314,979
94$36,084,309$0$0$27,808,693
95$39,644,239$0$0$30,553,981
96$43,563,482$0$0$33,576,416
97$47,878,566$0$0$36,904,176
98$52,629,745$0$0$40,568,311
99$57,861,372$0$0$44,603,034
100$63,622,323$0$0$49,046,048