Can I retire at age 40 with 463,000?

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 $463,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$38,234$37,894$37,561$37,237$36,920$36,414
2 years$18,928$18,575$18,234$17,902$17,581$17,072
3 years$12,493$12,139$11,798$11,470$11,154$10,658
4 years$9,277$8,924$8,586$8,264$7,955$7,475
5 years$7,347$6,996$6,663$6,347$6,047$5,586
6 years$6,061$5,713$5,385$5,076$4,785$4,342
7 years$5,143$4,798$4,475$4,173$3,892$3,468
8 years$4,455$4,113$3,795$3,501$3,228$2,823
9 years$3,920$3,581$3,269$2,982$2,719$2,332
10 years$3,492$3,156$2,850$2,570$2,317$1,948
11 years$3,142$2,810$2,509$2,237$1,992$1,642
12 years$2,851$2,522$2,227$1,962$1,727$1,394
13 years$2,604$2,279$1,989$1,732$1,506$1,190
14 years$2,394$2,072$1,787$1,538$1,320$1,021
15 years$2,211$1,892$1,614$1,371$1,162$879
16 years$2,051$1,736$1,463$1,228$1,027$760
17 years$1,911$1,599$1,331$1,103$911$659
18 years$1,786$1,478$1,215$994$810$572
19 years$1,674$1,369$1,113$898$722$498
20 years$1,574$1,273$1,021$814$645$434
21 years$1,483$1,185$939$738$577$379
22 years$1,401$1,106$866$671$517$332
23 years$1,326$1,035$799$612$464$290
24 years$1,257$970$739$558$417$255
25 years$1,194$910$685$509$375$223
26 years$1,136$855$635$466$338$196
27 years$1,082$805$590$426$305$172
28 years$1,032$758$548$391$275$151
29 years$986$715$510$358$248$133
30 years$942$676$475$329$224$117
31 years$902$639$443$302$203$103
32 years$864$604$413$277$184$91
33 years$829$572$386$255$166$80
34 years$796$542$361$235$150$70
35 years$765$514$337$216$136$62
36 years$735$488$315$199$123$55
37 years$708$464$295$183$112$48
38 years$681$441$276$169$101$42
39 years$657$419$259$156$92$37
40 years$633$399$243$144$83$33
41 years$611$380$228$133$76$29
42 years$589$362$213$122$69$26
43 years$569$344$200$113$62$23
44 years$550$328$188$104$57$20
45 years$532$313$177$96$51$18
46 years$514$299$166$89$47$16
47 years$498$285$156$82$42$14
48 years$482$272$146$76$38$12
49 years$467$260$138$70$35$11
50 years$452$248$129$65$32$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $463,000, adding $5,803 every year, while hoping to spend $38,856 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: 48/25/27 Blend
39$463,000$463,000$463,000$463,000
40$516,212$491,673$484,496$536,772
41$527,523$474,422$459,384$534,549
42$538,685$455,024$432,129$527,853
43$549,643$433,332$402,617$519,819
44$560,333$409,192$370,731$510,343
45$570,684$382,439$336,348$499,308
46$580,617$352,902$299,338$486,592
47$590,042$320,396$259,568$472,062
48$598,859$284,728$216,897$455,575
49$606,958$245,695$171,178$436,979
50$614,214$203,081$122,259$416,108
51$620,489$156,657$69,979$392,785
52$625,628$106,182$14,173$366,818
53$629,459$51,402$0$338,002
54$631,791$0$0$319,188
55$632,412$0$0$304,459
56$631,087$0$0$302,810
57$627,552$0$0$299,964
58$621,518$0$0$295,765
59$612,662$0$0$290,041
60$600,627$0$0$282,603
61$585,017$0$0$273,240
62$565,393$0$0$261,719
63$541,269$0$0$247,782
64$512,108$0$0$231,143
65$477,316$0$0$211,487
66$436,233$0$0$188,465
67$388,131$0$0$161,689
68$332,207$0$0$130,733
69$267,570$0$0$95,126
70$193,236$0$0$54,344
71$108,119$0$0$7,813
72$11,018$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