Can I retire at age 40 with 454,000?

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 $454,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$37,491$37,157$36,831$36,513$36,203$34,794
2 years$18,560$18,214$17,879$17,554$17,239$15,837
3 years$12,250$11,903$11,569$11,247$10,937$9,586
4 years$9,096$8,750$8,419$8,103$7,801$6,510
5 years$7,204$6,860$6,534$6,224$5,930$4,703
6 years$5,943$5,602$5,280$4,977$4,692$3,530
7 years$5,043$4,704$4,388$4,092$3,816$2,719
8 years$4,368$4,033$3,721$3,433$3,166$2,132
9 years$3,843$3,511$3,205$2,924$2,666$1,695
10 years$3,424$3,095$2,794$2,520$2,272$1,360
11 years$3,081$2,755$2,460$2,194$1,954$1,101
12 years$2,795$2,473$2,183$1,924$1,693$896
13 years$2,554$2,235$1,951$1,699$1,476$733
14 years$2,347$2,031$1,753$1,508$1,294$601
15 years$2,168$1,856$1,582$1,345$1,139$495
16 years$2,011$1,703$1,435$1,204$1,007$409
17 years$1,873$1,568$1,305$1,082$893$338
18 years$1,751$1,449$1,192$975$794$280
19 years$1,641$1,343$1,091$881$708$233
20 years$1,543$1,248$1,001$798$632$193
21 years$1,454$1,162$921$724$566$161
22 years$1,373$1,085$849$658$507$134
23 years$1,300$1,015$784$600$455$111
24 years$1,232$951$725$547$409$93
25 years$1,170$892$671$499$368$77
26 years$1,113$839$623$457$332$65
27 years$1,061$789$578$418$299$54
28 years$1,012$744$537$383$270$45
29 years$966$702$500$351$244$37
30 years$924$663$466$322$220$31
31 years$885$626$434$296$199$26
32 years$848$593$405$272$180$22
33 years$813$561$378$250$163$18
34 years$781$532$354$230$147$15
35 years$750$504$331$212$134$13
36 years$721$479$309$195$121$11
37 years$694$455$289$180$110$9
38 years$668$432$271$166$99$7
39 years$644$411$254$153$90$6
40 years$621$391$238$141$82$5
41 years$599$372$223$130$74$4
42 years$578$354$209$120$67$4
43 years$558$338$196$111$61$3
44 years$539$322$184$102$55$3
45 years$521$307$173$94$50$2
46 years$504$293$163$87$46$2
47 years$488$279$153$81$42$1
48 years$472$267$144$74$38$1
49 years$458$255$135$69$34$1
50 years$443$243$127$64$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $454,000, adding $4,007 every year, while hoping to spend $25,666 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: 29/44/27 Blend
39$454,000$454,000$454,000$454,000
40$504,441$480,379$473,342$514,768
41$528,586$476,609$461,891$519,441
42$554,333$471,795$449,195$521,956
43$581,819$465,857$435,188$524,144
44$611,193$458,712$419,795$525,994
45$642,620$450,274$402,943$527,497
46$676,278$440,448$384,552$528,645
47$712,364$429,137$364,541$529,433
48$751,096$416,234$342,824$529,858
49$792,709$401,631$319,310$529,919
50$837,464$385,210$293,905$529,620
51$885,647$366,847$266,513$528,968
52$937,572$346,412$237,030$527,973
53$993,583$323,765$205,349$526,652
54$1,054,060$298,760$171,359$525,029
55$1,119,417$271,242$134,943$523,130
56$1,190,113$241,049$95,979$520,994
57$1,266,650$208,006$54,340$518,666
58$1,349,581$171,931$9,893$516,201
59$1,439,514$132,631$0$513,665
60$1,537,116$89,902$0$521,953
61$1,643,123$43,528$0$534,087
62$1,758,344$0$0$547,368
63$1,883,667$0$0$565,220
64$2,020,071$0$0$607,654
65$2,168,632$0$0$653,937
66$2,330,537$0$0$704,447
67$2,507,087$0$0$759,598
68$2,699,719$0$0$819,848
69$2,910,013$0$0$885,701
70$3,139,706$0$0$957,712
71$3,390,713$0$0$1,036,490
72$3,665,142$0$0$1,122,708
73$3,965,313$0$0$1,217,106
74$4,293,781$0$0$1,320,498
75$4,653,358$0$0$1,433,783
76$5,047,143$0$0$1,557,949
77$5,478,547$0$0$1,694,084
78$5,951,328$0$0$1,843,388
79$6,469,621$0$0$2,007,180
80$7,037,986$0$0$2,186,916
81$7,661,440$0$0$2,384,197
82$8,345,512$0$0$2,600,789
83$9,096,292$0$0$2,838,636
84$9,920,486$0$0$3,099,879
85$10,825,485$0$0$3,386,877
86$11,819,425$0$0$3,702,230
87$12,911,275$0$0$4,048,800
88$14,110,911$0$0$4,429,742
89$15,429,214$0$0$4,848,531
90$16,878,173$0$0$5,308,996
91$18,470,993$0$0$5,815,354
92$20,222,226$0$0$6,372,253
93$22,147,900$0$0$6,984,813
94$24,265,678$0$0$7,658,677
95$26,595,018$0$0$8,400,059
96$29,157,360$0$0$9,215,808
97$31,976,324$0$0$10,113,470
98$35,077,938$0$0$11,101,359
99$38,490,877$0$0$12,188,638
100$42,246,737$0$0$13,385,399