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%17.6%
1 years$37,491$37,157$36,831$36,513$36,203$35,086
2 years$18,560$18,214$17,879$17,554$17,239$16,124
3 years$12,250$11,903$11,569$11,247$10,937$9,858
4 years$9,096$8,750$8,419$8,103$7,801$6,766
5 years$7,204$6,860$6,534$6,224$5,930$4,943
6 years$5,943$5,602$5,280$4,977$4,692$3,754
7 years$5,043$4,704$4,388$4,092$3,816$2,926
8 years$4,368$4,033$3,721$3,433$3,166$2,323
9 years$3,843$3,511$3,205$2,924$2,666$1,870
10 years$3,424$3,095$2,794$2,520$2,272$1,521
11 years$3,081$2,755$2,460$2,194$1,954$1,248
12 years$2,795$2,473$2,183$1,924$1,693$1,030
13 years$2,554$2,235$1,951$1,699$1,476$854
14 years$2,347$2,031$1,753$1,508$1,294$712
15 years$2,168$1,856$1,582$1,345$1,139$595
16 years$2,011$1,703$1,435$1,204$1,007$499
17 years$1,873$1,568$1,305$1,082$893$419
18 years$1,751$1,449$1,192$975$794$353
19 years$1,641$1,343$1,091$881$708$297
20 years$1,543$1,248$1,001$798$632$251
21 years$1,454$1,162$921$724$566$212
22 years$1,373$1,085$849$658$507$180
23 years$1,300$1,015$784$600$455$152
24 years$1,232$951$725$547$409$129
25 years$1,170$892$671$499$368$109
26 years$1,113$839$623$457$332$93
27 years$1,061$789$578$418$299$79
28 years$1,012$744$537$383$270$67
29 years$966$702$500$351$244$57
30 years$924$663$466$322$220$48
31 years$885$626$434$296$199$41
32 years$848$593$405$272$180$35
33 years$813$561$378$250$163$29
34 years$781$532$354$230$147$25
35 years$750$504$331$212$134$21
36 years$721$479$309$195$121$18
37 years$694$455$289$180$110$15
38 years$668$432$271$166$99$13
39 years$644$411$254$153$90$11
40 years$621$391$238$141$82$9
41 years$599$372$223$130$74$8
42 years$578$354$209$120$67$7
43 years$558$338$196$111$61$6
44 years$539$322$184$102$55$5
45 years$521$307$173$94$50$4
46 years$504$293$163$87$46$4
47 years$488$279$153$81$42$3
48 years$472$267$144$74$38$3
49 years$458$255$135$69$34$2
50 years$443$243$127$64$31$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $454,000, adding $3,143 every year, while hoping to spend $29,980 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: 53/30/17 Blend
39$454,000$454,000$454,000$454,000
40$503,550$479,488$472,451$527,764
41$523,014$471,084$456,380$536,280
42$543,458$461,264$438,765$542,110
43$564,951$449,926$419,524$547,792
44$587,567$436,964$398,569$553,320
45$611,387$422,264$375,810$558,690
46$636,499$405,705$351,150$563,898
47$663,000$387,163$324,491$568,944
48$690,993$366,501$295,729$573,828
49$720,593$343,578$264,754$578,553
50$751,924$318,244$231,455$583,126
51$785,123$290,341$195,711$587,554
52$820,339$259,700$157,400$591,850
53$857,732$226,145$116,392$596,030
54$897,482$189,487$72,553$600,117
55$939,783$149,530$25,741$604,136
56$984,847$106,063$0$608,120
57$1,032,908$58,867$0$616,501
58$1,084,221$7,707$0$630,204
59$1,139,065$0$0$644,640
60$1,197,748$0$0$675,639
61$1,260,604$0$0$711,598
62$1,328,004$0$0$750,186
63$1,400,351$0$0$791,639
64$1,478,089$0$0$836,216
65$1,561,707$0$0$884,201
66$1,651,738$0$0$935,905
67$1,748,770$0$0$991,670
68$1,853,450$0$0$1,051,873
69$1,966,485$0$0$1,116,927
70$2,088,655$0$0$1,187,286
71$2,220,817$0$0$1,263,449
72$2,363,912$0$0$1,345,965
73$2,518,974$0$0$1,435,437
74$2,687,141$0$0$1,532,530
75$2,869,666$0$0$1,637,972
76$3,067,924$0$0$1,752,567
77$3,283,429$0$0$1,877,197
78$3,517,847$0$0$2,012,835
79$3,773,009$0$0$2,160,549
80$4,050,934$0$0$2,321,515
81$4,353,838$0$0$2,497,028
82$4,684,164$0$0$2,688,514
83$5,044,601$0$0$2,897,539
84$5,438,105$0$0$3,125,832
85$5,867,933$0$0$3,375,292
86$6,337,672$0$0$3,648,011
87$6,851,266$0$0$3,946,294
88$7,413,063$0$0$4,272,676
89$8,027,846$0$0$4,629,951
90$8,700,885$0$0$5,021,194
91$9,437,980$0$0$5,449,792
92$10,245,523$0$0$5,919,474
93$11,130,547$0$0$6,434,349
94$12,100,804$0$0$6,998,941
95$13,164,828$0$0$7,618,232
96$14,332,019$0$0$8,297,711
97$15,612,731$0$0$9,043,423
98$17,018,370$0$0$9,862,026
99$18,561,497$0$0$10,760,857
100$20,255,952$0$0$11,747,995