Can I retire at age 40 with 455,000?

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 $455,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$37,573$37,239$36,912$36,594$36,282$35,903
2 years$18,601$18,254$17,919$17,593$17,277$16,896
3 years$12,277$11,929$11,595$11,272$10,961$10,589
4 years$9,116$8,769$8,438$8,121$7,818$7,457
5 years$7,220$6,875$6,548$6,238$5,943$5,596
6 years$5,956$5,614$5,292$4,988$4,702$4,369
7 years$5,054$4,715$4,398$4,101$3,824$3,504
8 years$4,378$4,041$3,729$3,440$3,173$2,866
9 years$3,852$3,519$3,212$2,930$2,672$2,379
10 years$3,431$3,102$2,800$2,526$2,277$1,997
11 years$3,088$2,761$2,465$2,198$1,958$1,691
12 years$2,801$2,478$2,188$1,928$1,697$1,443
13 years$2,559$2,240$1,955$1,702$1,480$1,239
14 years$2,352$2,036$1,756$1,511$1,297$1,068
15 years$2,173$1,860$1,586$1,348$1,142$925
16 years$2,016$1,706$1,438$1,207$1,009$804
17 years$1,878$1,571$1,308$1,084$895$701
18 years$1,755$1,452$1,194$977$796$612
19 years$1,645$1,346$1,093$883$709$536
20 years$1,546$1,251$1,003$800$633$470
21 years$1,457$1,165$923$726$567$413
22 years$1,376$1,087$851$660$508$364
23 years$1,303$1,017$785$601$456$320
24 years$1,235$953$726$548$410$282
25 years$1,173$894$673$501$369$249
26 years$1,116$840$624$458$332$220
27 years$1,063$791$579$419$300$195
28 years$1,014$745$539$384$270$172
29 years$969$703$501$352$244$152
30 years$926$664$467$323$221$135
31 years$887$628$435$297$199$120
32 years$850$594$406$273$180$106
33 years$815$562$379$251$163$94
34 years$782$533$354$231$148$83
35 years$752$506$331$212$134$74
36 years$723$480$310$196$121$66
37 years$695$456$290$180$110$58
38 years$670$433$272$166$100$52
39 years$645$412$254$153$90$46
40 years$622$392$239$141$82$41
41 years$600$373$224$130$74$36
42 years$579$355$210$120$67$32
43 years$559$338$197$111$61$29
44 years$541$323$185$103$56$25
45 years$523$308$174$95$50$23
46 years$505$294$163$87$46$20
47 years$489$280$153$81$42$18
48 years$473$267$144$75$38$16
49 years$459$255$135$69$34$14
50 years$444$244$127$64$31$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $455,000, adding $5,241 every year, while hoping to spend $40,380 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: 53/38/9 Blend
39$455,000$455,000$455,000$455,000
40$506,816$482,701$475,649$532,259
41$515,547$463,389$448,619$530,807
42$523,816$441,778$419,330$524,400
43$531,532$417,712$387,664$516,474
44$538,595$391,026$353,498$506,892
45$544,892$361,548$316,701$495,510
46$550,301$329,093$277,140$482,168
47$554,680$293,468$234,673$466,694
48$557,876$254,466$189,153$448,903
49$559,717$211,872$140,427$428,594
50$560,011$165,457$88,334$405,550
51$558,545$114,977$32,707$379,533
52$555,085$60,179$0$350,289
53$549,368$793$0$320,100
54$541,105$0$0$289,624
55$529,973$0$0$281,949
56$515,616$0$0$272,695
57$497,640$0$0$261,299
58$475,608$0$0$247,507
59$449,035$0$0$231,033
60$417,387$0$0$211,565
61$380,071$0$0$188,755
62$336,432$0$0$162,221
63$285,747$0$0$131,538
64$227,214$0$0$96,237
65$159,948$0$0$55,801
66$82,973$0$0$9,658
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0