Can I retire at age 40 with 456,000?

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 $456,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$37,656$37,321$36,993$36,674$36,362$35,297
2 years$18,642$18,294$17,958$17,632$17,315$16,251
3 years$12,304$11,956$11,620$11,297$10,986$9,955
4 years$9,136$8,789$8,456$8,139$7,835$6,847
5 years$7,236$6,890$6,562$6,251$5,956$5,012
6 years$5,969$5,627$5,303$4,999$4,713$3,814
7 years$5,065$4,725$4,407$4,110$3,833$2,980
8 years$4,387$4,050$3,738$3,448$3,180$2,372
9 years$3,860$3,527$3,219$2,937$2,678$1,914
10 years$3,439$3,108$2,807$2,532$2,282$1,561
11 years$3,094$2,767$2,471$2,203$1,962$1,283
12 years$2,808$2,484$2,193$1,933$1,700$1,062
13 years$2,565$2,245$1,959$1,706$1,483$884
14 years$2,357$2,040$1,760$1,515$1,300$738
15 years$2,177$1,864$1,589$1,351$1,144$619
16 years$2,020$1,710$1,441$1,209$1,011$520
17 years$1,882$1,575$1,311$1,087$897$438
18 years$1,759$1,455$1,197$979$797$370
19 years$1,649$1,349$1,096$885$711$313
20 years$1,550$1,253$1,006$801$635$265
21 years$1,460$1,167$925$727$568$225
22 years$1,379$1,090$853$661$509$191
23 years$1,305$1,019$787$602$457$162
24 years$1,238$955$728$549$411$138
25 years$1,176$896$674$502$370$117
26 years$1,118$842$625$459$333$100
27 years$1,065$793$581$420$300$85
28 years$1,016$747$540$385$271$72
29 years$971$705$502$353$245$61
30 years$928$665$468$324$221$52
31 years$889$629$436$297$200$45
32 years$851$595$407$273$181$38
33 years$817$564$380$251$164$32
34 years$784$534$355$231$148$28
35 years$753$507$332$213$134$24
36 years$724$481$311$196$122$20
37 years$697$457$291$181$110$17
38 years$671$434$272$166$100$15
39 years$647$413$255$153$91$12
40 years$623$393$239$142$82$11
41 years$601$374$224$131$75$9
42 years$581$356$210$121$68$8
43 years$561$339$197$111$61$7
44 years$542$323$185$103$56$6
45 years$524$308$174$95$51$5
46 years$507$294$163$88$46$4
47 years$490$281$153$81$42$3
48 years$475$268$144$75$38$3
49 years$460$256$136$69$34$3
50 years$445$244$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 $456,000, adding $6,092 every year, while hoping to spend $26,773 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: 88/6/6 Blend
39$456,000$456,000$456,000$456,000
40$508,796$484,628$477,560$552,931
41$532,207$479,888$465,072$577,854
42$557,108$474,019$451,268$600,862
43$583,624$466,937$436,077$625,276
44$611,890$458,553$419,421$651,217
45$642,054$448,774$401,223$678,818
46$674,279$437,499$381,400$708,226
47$708,743$424,624$359,864$739,601
48$745,642$410,037$336,526$773,121
49$785,189$393,621$311,292$808,980
50$827,620$375,250$284,062$847,392
51$873,193$354,793$254,734$888,593
52$922,191$332,110$223,199$932,842
53$974,924$307,053$189,346$980,424
54$1,031,734$279,467$153,057$1,031,653
55$1,092,996$249,186$114,210$1,086,875
56$1,159,122$216,036$72,676$1,146,470
57$1,230,564$179,833$28,322$1,210,858
58$1,307,818$140,382$0$1,280,499
59$1,391,433$97,478$0$1,357,119
60$1,482,007$50,903$0$1,442,075
61$1,580,203$428$0$1,534,177
62$1,686,747$0$0$1,634,116
63$1,802,437$0$0$1,746,227
64$1,928,152$0$0$1,868,086
65$2,064,858$0$0$2,000,603
66$2,213,620$0$0$2,144,810
67$2,375,607$0$0$2,301,839
68$2,552,107$0$0$2,472,941
69$2,744,537$0$0$2,659,489
70$2,954,456$0$0$2,862,996
71$3,183,581$0$0$3,085,126
72$3,433,802$0$0$3,327,711
73$3,707,199$0$0$3,592,769
74$4,006,061$0$0$3,882,521
75$4,332,910$0$0$4,199,410
76$4,690,522$0$0$4,546,130
77$5,081,954$0$0$4,925,645
78$5,510,571$0$0$5,341,217
79$5,980,080$0$0$5,796,443
80$6,494,563$0$0$6,295,280
81$7,058,515$0$0$6,842,088
82$7,676,889$0$0$7,441,667
83$8,355,136$0$0$8,099,307
84$9,099,263$0$0$8,820,832
85$9,915,886$0$0$9,612,658
86$10,812,292$0$0$10,481,850
87$11,796,509$0$0$11,436,195
88$12,877,379$0$0$12,484,266
89$14,064,642$0$0$13,635,510
90$15,369,031$0$0$14,900,334
91$16,802,366$0$0$16,290,201
92$18,377,670$0$0$17,817,740
93$20,109,291$0$0$19,496,865
94$22,013,036$0$0$21,342,904
95$24,106,320$0$0$23,372,747
96$26,408,330$0$0$25,604,999
97$28,940,204$0$0$28,060,160
98$31,725,233$0$0$30,760,816
99$34,789,079$0$0$33,731,852
100$38,160,015$0$0$37,000,687