Can I retire at age 40 with 453,000?

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 $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%18.5%
1 years$37,408$37,075$36,750$36,433$36,123$34,883
2 years$18,519$18,174$17,840$17,516$17,201$15,965
3 years$12,223$11,877$11,544$11,222$10,913$9,719
4 years$9,076$8,731$8,401$8,085$7,783$6,640
5 years$7,188$6,845$6,519$6,210$5,917$4,828
6 years$5,930$5,590$5,269$4,966$4,682$3,648
7 years$5,032$4,694$4,378$4,083$3,808$2,829
8 years$4,358$4,024$3,713$3,425$3,159$2,234
9 years$3,835$3,503$3,198$2,918$2,660$1,789
10 years$3,416$3,088$2,788$2,515$2,267$1,447
11 years$3,074$2,749$2,455$2,189$1,949$1,180
12 years$2,789$2,467$2,178$1,920$1,689$968
13 years$2,548$2,230$1,946$1,695$1,473$798
14 years$2,342$2,027$1,749$1,505$1,291$661
15 years$2,163$1,852$1,579$1,342$1,137$549
16 years$2,007$1,699$1,431$1,201$1,005$457
17 years$1,869$1,565$1,303$1,079$891$382
18 years$1,747$1,446$1,189$973$792$319
19 years$1,638$1,340$1,089$879$706$267
20 years$1,540$1,245$999$796$631$224
21 years$1,451$1,160$919$723$564$188
22 years$1,370$1,083$847$657$506$158
23 years$1,297$1,012$782$598$454$133
24 years$1,230$949$723$546$408$112
25 years$1,168$890$670$498$367$94
26 years$1,111$837$621$456$331$79
27 years$1,058$787$577$417$298$67
28 years$1,010$742$536$382$269$56
29 years$964$700$499$350$243$47
30 years$922$661$465$322$220$40
31 years$883$625$433$295$199$34
32 years$846$591$404$271$180$28
33 years$811$560$378$250$163$24
34 years$779$531$353$230$147$20
35 years$748$503$330$211$133$17
36 years$719$478$309$195$121$14
37 years$692$454$289$179$109$12
38 years$667$431$270$165$99$10
39 years$642$410$253$152$90$9
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$4
45 years$520$306$173$94$50$3
46 years$503$292$162$87$46$3
47 years$487$279$152$80$41$2
48 years$471$266$143$74$38$2
49 years$457$254$135$69$34$2
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 $5,067 every year, while hoping to spend $23,875 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: 55/36/9 Blend
39$453,000$453,000$453,000$453,000
40$504,433$480,424$473,402$530,796
41$530,482$478,562$463,858$547,345
42$558,388$475,808$453,195$562,288
43$588,315$472,094$441,348$577,986
44$620,444$467,347$428,254$594,514
45$654,971$461,489$413,842$611,955
46$692,114$454,438$398,042$630,405
47$732,111$446,107$380,778$649,967
48$775,225$436,404$361,972$670,759
49$821,741$425,232$341,542$692,909
50$871,977$412,486$319,401$716,563
51$926,279$398,059$295,462$741,882
52$985,028$381,833$269,629$769,043
53$1,048,645$363,686$241,805$798,246
54$1,117,589$343,489$211,888$829,713
55$1,192,368$321,105$179,771$863,688
56$1,273,540$296,389$145,343$900,445
57$1,361,717$269,188$108,488$940,286
58$1,457,573$239,340$69,084$983,549
59$1,561,851$206,673$27,004$1,030,605
60$1,675,367$171,007$0$1,081,870
61$1,799,019$132,151$0$1,139,523
62$1,933,796$89,903$0$1,205,233
63$2,080,785$44,051$0$1,276,982
64$2,241,184$0$0$1,355,412
65$2,416,311$0$0$1,443,463
66$2,607,616$0$0$1,558,749
67$2,816,697$0$0$1,684,789
68$3,045,312$0$0$1,822,646
69$3,295,397$0$0$1,973,495
70$3,569,083$0$0$2,138,625
71$3,868,719$0$0$2,319,459
72$4,196,889$0$0$2,517,564
73$4,556,439$0$0$2,734,663
74$4,950,504$0$0$2,972,655
75$5,382,537$0$0$3,233,633
76$5,856,341$0$0$3,519,901
77$6,376,104$0$0$3,833,996
78$6,946,438$0$0$4,178,713
79$7,572,425$0$0$4,557,131
80$8,259,663$0$0$4,972,642
81$9,014,317$0$0$5,428,981
82$9,843,179$0$0$5,930,264
83$10,753,731$0$0$6,481,026
84$11,754,216$0$0$7,086,260
85$12,853,714$0$0$7,751,469
86$14,062,228$0$0$8,482,716
87$15,390,780$0$0$9,286,679
88$16,851,511$0$0$10,170,716
89$18,457,800$0$0$11,142,933
90$20,224,385$0$0$12,212,263
91$22,167,503$0$0$13,388,547
92$24,305,047$0$0$14,682,626
93$26,656,729$0$0$16,106,447
94$29,244,268$0$0$17,673,174
95$32,091,595$0$0$19,397,308
96$35,225,079$0$0$21,294,830
97$38,673,773$0$0$23,383,348
98$42,469,690$0$0$25,682,263
99$46,648,102$0$0$28,212,952
100$51,247,877$0$0$30,998,972