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%15.8%
1 years$37,491$37,157$36,831$36,513$36,203$35,342
2 years$18,560$18,214$17,879$17,554$17,239$16,377
3 years$12,250$11,903$11,569$11,247$10,937$10,101
4 years$9,096$8,750$8,419$8,103$7,801$6,996
5 years$7,204$6,860$6,534$6,224$5,930$5,159
6 years$5,943$5,602$5,280$4,977$4,692$3,957
7 years$5,043$4,704$4,388$4,092$3,816$3,116
8 years$4,368$4,033$3,721$3,433$3,166$2,500
9 years$3,843$3,511$3,205$2,924$2,666$2,035
10 years$3,424$3,095$2,794$2,520$2,272$1,674
11 years$3,081$2,755$2,460$2,194$1,954$1,389
12 years$2,795$2,473$2,183$1,924$1,693$1,160
13 years$2,554$2,235$1,951$1,699$1,476$974
14 years$2,347$2,031$1,753$1,508$1,294$822
15 years$2,168$1,856$1,582$1,345$1,139$695
16 years$2,011$1,703$1,435$1,204$1,007$591
17 years$1,873$1,568$1,305$1,082$893$503
18 years$1,751$1,449$1,192$975$794$429
19 years$1,641$1,343$1,091$881$708$367
20 years$1,543$1,248$1,001$798$632$314
21 years$1,454$1,162$921$724$566$269
22 years$1,373$1,085$849$658$507$231
23 years$1,300$1,015$784$600$455$198
24 years$1,232$951$725$547$409$170
25 years$1,170$892$671$499$368$146
26 years$1,113$839$623$457$332$126
27 years$1,061$789$578$418$299$108
28 years$1,012$744$537$383$270$93
29 years$966$702$500$351$244$80
30 years$924$663$466$322$220$69
31 years$885$626$434$296$199$60
32 years$848$593$405$272$180$52
33 years$813$561$378$250$163$44
34 years$781$532$354$230$147$38
35 years$750$504$331$212$134$33
36 years$721$479$309$195$121$29
37 years$694$455$289$180$110$25
38 years$668$432$271$166$99$21
39 years$644$411$254$153$90$18
40 years$621$391$238$141$82$16
41 years$599$372$223$130$74$14
42 years$578$354$209$120$67$12
43 years$558$338$196$111$61$10
44 years$539$322$184$102$55$9
45 years$521$307$173$94$50$8
46 years$504$293$163$87$46$7
47 years$488$279$153$81$42$6
48 years$472$267$144$74$38$5
49 years$458$255$135$69$34$4
50 years$443$243$127$64$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $454,000, adding $2,141 every year, while hoping to spend $33,195 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: 43/47/10 Blend
39$454,000$454,000$454,000$454,000
40$502,516$478,454$471,417$522,581
41$518,454$466,579$451,891$524,896
42$534,904$453,010$430,597$523,879
43$551,885$437,628$407,443$522,029
44$569,414$420,309$382,329$519,284
45$587,511$400,920$355,153$515,577
46$606,193$379,321$325,807$510,836
47$625,482$355,365$294,179$504,988
48$645,398$328,895$260,151$497,952
49$665,963$299,746$223,600$489,646
50$687,200$267,742$184,400$479,979
51$709,133$232,700$142,415$468,859
52$731,786$194,423$97,507$456,187
53$755,184$152,706$49,530$441,858
54$779,355$107,330$0$425,762
55$804,326$58,066$0$407,961
56$830,126$4,671$0$393,805
57$856,787$0$0$377,890
58$884,340$0$0$387,569
59$912,818$0$0$400,072
60$942,257$0$0$412,999
61$972,693$0$0$426,366
62$1,004,164$0$0$440,191
63$1,036,712$0$0$454,491
64$1,070,378$0$0$469,286
65$1,105,208$0$0$484,596
66$1,141,249$0$0$500,442
67$1,178,550$0$0$516,847
68$1,217,164$0$0$533,833
69$1,257,146$0$0$551,427
70$1,298,555$0$0$569,654
71$1,341,454$0$0$588,543
72$1,385,906$0$0$608,123
73$1,431,983$0$0$628,426
74$1,479,758$0$0$649,486
75$1,529,311$0$0$671,338
76$1,580,724$0$0$694,020
77$1,634,087$0$0$717,573
78$1,689,495$0$0$742,041
79$1,747,050$0$0$767,470
80$1,806,861$0$0$793,910
81$1,869,042$0$0$821,413
82$1,933,720$0$0$850,037
83$2,001,026$0$0$879,843
84$2,071,105$0$0$910,898
85$2,144,110$0$0$943,271
86$2,220,207$0$0$977,039
87$2,299,574$0$0$1,012,284
88$2,382,403$0$0$1,049,095
89$2,468,901$0$0$1,087,569
90$2,559,291$0$0$1,127,807
91$2,653,817$0$0$1,169,923
92$2,752,738$0$0$1,214,038
93$2,856,339$0$0$1,260,284
94$2,964,926$0$0$1,308,802
95$3,078,831$0$0$1,359,749
96$3,198,417$0$0$1,413,291
97$3,324,076$0$0$1,469,613
98$3,456,233$0$0$1,528,913
99$3,595,353$0$0$1,591,407
100$3,741,940$0$0$1,657,332