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%14.7%
1 years$38,234$37,894$37,561$37,237$36,920$36,204
2 years$18,928$18,575$18,234$17,902$17,581$16,863
3 years$12,493$12,139$11,798$11,470$11,154$10,456
4 years$9,277$8,924$8,586$8,264$7,955$7,282
5 years$7,347$6,996$6,663$6,347$6,047$5,402
6 years$6,061$5,713$5,385$5,076$4,785$4,167
7 years$5,143$4,798$4,475$4,173$3,892$3,302
8 years$4,455$4,113$3,795$3,501$3,228$2,667
9 years$3,920$3,581$3,269$2,982$2,719$2,185
10 years$3,492$3,156$2,850$2,570$2,317$1,809
11 years$3,142$2,810$2,509$2,237$1,992$1,512
12 years$2,851$2,522$2,227$1,962$1,727$1,272
13 years$2,604$2,279$1,989$1,732$1,506$1,076
14 years$2,394$2,072$1,787$1,538$1,320$914
15 years$2,211$1,892$1,614$1,371$1,162$780
16 years$2,051$1,736$1,463$1,228$1,027$667
17 years$1,911$1,599$1,331$1,103$911$573
18 years$1,786$1,478$1,215$994$810$492
19 years$1,674$1,369$1,113$898$722$424
20 years$1,574$1,273$1,021$814$645$366
21 years$1,483$1,185$939$738$577$316
22 years$1,401$1,106$866$671$517$274
23 years$1,326$1,035$799$612$464$237
24 years$1,257$970$739$558$417$206
25 years$1,194$910$685$509$375$178
26 years$1,136$855$635$466$338$155
27 years$1,082$805$590$426$305$134
28 years$1,032$758$548$391$275$117
29 years$986$715$510$358$248$102
30 years$942$676$475$329$224$88
31 years$902$639$443$302$203$77
32 years$864$604$413$277$184$67
33 years$829$572$386$255$166$58
34 years$796$542$361$235$150$51
35 years$765$514$337$216$136$44
36 years$735$488$315$199$123$38
37 years$708$464$295$183$112$33
38 years$681$441$276$169$101$29
39 years$657$419$259$156$92$25
40 years$633$399$243$144$83$22
41 years$611$380$228$133$76$19
42 years$589$362$213$122$69$17
43 years$569$344$200$113$62$15
44 years$550$328$188$104$57$13
45 years$532$313$177$96$51$11
46 years$514$299$166$89$47$10
47 years$498$285$156$82$42$8
48 years$482$272$146$76$38$7
49 years$467$260$138$70$35$6
50 years$452$248$129$65$32$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $463,000, adding $3,163 every year, while hoping to spend $22,837 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: 67/10/23 Blend
39$463,000$463,000$463,000$463,000
40$513,489$488,950$481,773$544,676
41$541,566$488,610$473,614$565,662
42$571,742$487,488$464,416$585,700
43$604,206$485,521$454,121$607,081
44$639,168$482,644$442,666$629,935
45$676,855$478,786$429,988$654,411
46$717,520$473,873$416,018$680,670
47$761,439$467,824$400,687$708,890
48$808,916$460,558$383,920$739,271
49$860,285$451,984$365,641$772,031
50$915,912$442,010$345,768$807,412
51$976,201$430,534$324,217$845,682
52$1,041,596$417,453$300,901$887,135
53$1,112,585$402,654$275,727$932,100
54$1,189,704$386,020$248,600$980,937
55$1,273,544$367,425$219,418$1,034,044
56$1,364,754$346,737$188,077$1,091,864
57$1,464,049$323,817$154,467$1,154,882
58$1,572,214$298,516$118,474$1,223,637
59$1,690,116$270,679$79,979$1,298,723
60$1,818,706$240,141$38,856$1,380,796
61$1,959,032$206,726$0$1,470,580
62$2,112,249$170,251$0$1,570,111
63$2,279,625$130,520$0$1,689,294
64$2,462,559$87,328$0$1,819,594
65$2,662,591$40,458$0$1,962,124
66$2,881,415$0$0$2,118,111
67$3,120,897$0$0$2,290,043
68$3,383,092$0$0$2,483,183
69$3,670,262$0$0$2,694,750
70$3,984,900$0$0$2,926,582
71$4,329,750$0$0$3,180,706
72$4,707,833$0$0$3,459,352
73$5,122,479$0$0$3,764,978
74$5,577,354$0$0$4,100,290
75$6,076,496$0$0$4,468,270
76$6,624,353$0$0$4,872,200
77$7,225,826$0$0$5,315,698
78$7,886,311$0$0$5,802,749
79$8,611,755$0$0$6,337,742
80$9,408,706$0$0$6,925,513
81$10,284,381$0$0$7,571,387
82$11,246,729$0$0$8,281,234
83$12,304,506$0$0$9,061,519
84$13,467,360$0$0$9,919,364
85$14,745,922$0$0$10,862,617
86$16,151,900$0$0$11,899,924
87$17,698,198$0$0$13,040,809
88$19,399,031$0$0$14,295,768
89$21,270,061$0$0$15,676,363
90$23,328,544$0$0$17,195,336
91$25,593,494$0$0$18,866,724
92$28,085,860$0$0$20,705,993
93$30,828,725$0$0$22,730,186
94$33,847,522$0$0$24,958,081
95$37,170,277$0$0$27,410,367
96$40,827,867$0$0$30,109,843
97$44,854,317$0$0$33,081,630
98$49,287,119$0$0$36,353,407
99$54,167,582$0$0$39,955,675
100$59,541,228$0$0$43,922,042