Can I retire at age 40 with 459,000?

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 $459,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$37,904$37,566$37,237$36,915$36,601$35,415
2 years$18,764$18,415$18,076$17,748$17,429$16,246
3 years$12,385$12,034$11,696$11,371$11,058$9,914
4 years$9,196$8,846$8,512$8,192$7,887$6,791
5 years$7,284$6,936$6,606$6,292$5,995$4,950
6 years$6,009$5,664$5,338$5,032$4,744$3,751
7 years$5,099$4,756$4,436$4,137$3,858$2,917
8 years$4,416$4,077$3,762$3,471$3,201$2,311
9 years$3,886$3,550$3,240$2,956$2,695$1,856
10 years$3,462$3,129$2,825$2,548$2,297$1,506
11 years$3,115$2,785$2,487$2,218$1,975$1,232
12 years$2,826$2,500$2,207$1,945$1,712$1,014
13 years$2,582$2,259$1,972$1,717$1,493$839
14 years$2,373$2,054$1,772$1,524$1,308$697
15 years$2,192$1,876$1,600$1,360$1,152$581
16 years$2,034$1,721$1,450$1,217$1,018$486
17 years$1,894$1,585$1,320$1,094$903$407
18 years$1,770$1,465$1,205$986$803$341
19 years$1,659$1,358$1,103$891$715$287
20 years$1,560$1,262$1,012$807$639$242
21 years$1,470$1,175$931$732$572$204
22 years$1,388$1,097$858$666$513$172
23 years$1,314$1,026$792$606$460$145
24 years$1,246$961$733$553$414$122
25 years$1,183$902$679$505$372$103
26 years$1,126$848$629$462$335$87
27 years$1,072$798$585$423$302$74
28 years$1,023$752$543$387$273$63
29 years$977$709$506$355$246$53
30 years$934$670$471$326$223$45
31 years$894$633$439$299$201$38
32 years$857$599$410$275$182$32
33 years$822$567$383$253$165$27
34 years$789$538$357$233$149$23
35 years$758$510$334$214$135$19
36 years$729$484$313$197$122$17
37 years$701$460$293$182$111$14
38 years$675$437$274$168$101$12
39 years$651$416$257$154$91$10
40 years$628$395$241$142$83$9
41 years$605$376$226$131$75$7
42 years$584$358$212$121$68$6
43 years$564$341$199$112$62$5
44 years$545$325$186$103$56$4
45 years$527$310$175$96$51$4
46 years$510$296$164$88$46$3
47 years$493$283$154$82$42$3
48 years$478$270$145$75$38$2
49 years$463$258$136$70$35$2
50 years$448$246$128$64$31$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $459,000, adding $6,919 every year, while hoping to spend $42,741 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: 56/38/6 Blend
39$459,000$459,000$459,000$459,000
40$512,955$488,628$481,513$540,635
41$519,800$467,095$452,168$538,547
42$525,911$443,074$420,407$530,885
43$531,168$416,398$386,105$521,483
44$535,437$386,891$349,129$510,181
45$538,569$354,366$309,342$496,804
46$540,399$318,626$266,601$481,162
47$540,742$279,462$220,755$463,050
48$539,395$236,653$171,647$442,243
49$536,131$189,966$119,115$418,500
50$530,699$139,157$62,987$391,555
51$522,818$83,963$3,086$361,124
52$512,180$24,112$0$326,893
53$498,442$0$0$292,419
54$481,224$0$0$270,915
55$460,107$0$0$257,062
56$434,624$0$0$240,489
57$404,261$0$0$220,878
58$368,448$0$0$197,876
59$326,554$0$0$171,094
60$277,885$0$0$140,100
61$221,668$0$0$104,419
62$157,054$0$0$63,525
63$83,102$0$0$16,836
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
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