Can I retire at age 40 with 466,000?

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 $466,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$38,482$38,139$37,805$37,478$37,159$36,159
2 years$19,050$18,696$18,352$18,018$17,695$16,694
3 years$12,574$12,218$11,875$11,545$11,226$10,256
4 years$9,337$8,981$8,642$8,317$8,007$7,075
5 years$7,395$7,042$6,706$6,388$6,087$5,196
6 years$6,100$5,750$5,420$5,109$4,816$3,967
7 years$5,176$4,829$4,504$4,200$3,917$3,110
8 years$4,484$4,139$3,820$3,524$3,249$2,484
9 years$3,945$3,604$3,290$3,001$2,736$2,012
10 years$3,514$3,177$2,868$2,587$2,332$1,647
11 years$3,162$2,828$2,525$2,252$2,005$1,359
12 years$2,869$2,538$2,241$1,975$1,738$1,129
13 years$2,621$2,294$2,002$1,744$1,515$943
14 years$2,409$2,085$1,799$1,548$1,328$791
15 years$2,225$1,905$1,624$1,380$1,170$666
16 years$2,065$1,748$1,473$1,236$1,034$562
17 years$1,923$1,609$1,340$1,110$917$476
18 years$1,797$1,487$1,223$1,001$815$404
19 years$1,685$1,378$1,120$904$726$343
20 years$1,584$1,281$1,028$819$649$292
21 years$1,493$1,193$945$743$581$248
22 years$1,410$1,114$871$676$520$212
23 years$1,334$1,042$804$615$467$181
24 years$1,265$976$744$561$420$154
25 years$1,201$916$689$513$378$132
26 years$1,143$861$639$469$340$113
27 years$1,089$810$593$429$307$96
28 years$1,039$763$552$393$277$83
29 years$992$720$513$360$250$71
30 years$949$680$478$331$226$60
31 years$908$643$446$304$204$52
32 years$870$608$416$279$185$44
33 years$835$576$388$257$167$38
34 years$801$546$363$236$151$33
35 years$770$518$339$217$137$28
36 years$740$491$317$200$124$24
37 years$712$467$297$185$113$21
38 years$686$444$278$170$102$18
39 years$661$422$261$157$93$15
40 years$637$401$244$145$84$13
41 years$615$382$229$133$76$11
42 years$593$364$215$123$69$9
43 years$573$347$202$114$63$8
44 years$554$330$189$105$57$7
45 years$535$315$178$97$52$6
46 years$518$301$167$90$47$5
47 years$501$287$157$83$43$4
48 years$485$274$147$76$39$4
49 years$470$262$138$71$35$3
50 years$455$250$130$65$32$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $466,000, adding $6,774 every year, while hoping to spend $23,379 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: 81/7/12 Blend
39$466,000$466,000$466,000$466,000
40$520,519$495,821$488,598$561,001
41$548,737$495,242$480,091$587,961
42$579,050$493,850$470,516$613,799
43$611,646$491,582$459,811$641,474
44$646,733$488,368$447,914$671,157
45$684,540$484,138$434,759$703,039
46$725,315$478,813$420,276$737,329
47$769,335$472,312$404,392$774,257
48$816,900$464,549$387,033$814,077
49$868,344$455,432$368,119$857,069
50$924,031$444,864$347,566$903,542
51$984,362$432,742$325,290$953,835
52$1,049,778$418,958$301,198$1,008,323
53$1,120,765$403,396$275,198$1,067,419
54$1,197,856$385,935$247,189$1,131,579
55$1,281,637$366,446$217,070$1,201,302
56$1,372,754$344,792$184,732$1,277,144
57$1,471,917$320,829$150,063$1,359,712
58$1,579,908$294,405$112,946$1,449,679
59$1,697,587$265,359$73,257$1,547,786
60$1,825,899$233,520$30,870$1,654,849
61$1,965,887$198,709$0$1,771,767
62$2,118,696$160,734$0$1,901,373
63$2,285,589$119,396$0$2,047,259
64$2,467,955$74,483$0$2,206,692
65$2,667,323$25,769$0$2,381,021
66$2,885,378$0$0$2,571,731
67$3,123,972$0$0$2,782,538
68$3,385,149$0$0$3,015,480
69$3,671,154$0$0$3,270,580
70$3,984,466$0$0$3,550,048
71$4,327,808$0$0$3,856,316
72$4,704,185$0$0$4,192,064
73$5,116,903$0$0$4,560,244
74$5,569,605$0$0$4,964,108
75$6,066,301$0$0$5,407,235
76$6,611,411$0$0$5,893,569
77$7,209,803$0$0$6,427,456
78$7,866,837$0$0$7,013,681
79$8,588,420$0$0$7,657,516
80$9,381,059$0$0$8,364,767
81$10,251,920$0$0$9,141,833
82$11,208,899$0$0$9,995,761
83$12,260,696$0$0$10,934,316
84$13,416,894$0$0$11,966,052
85$14,688,050$0$0$13,100,392
86$16,085,798$0$0$14,347,720
87$17,622,951$0$0$15,719,475
88$19,313,632$0$0$17,228,259
89$21,173,395$0$0$18,887,960
90$23,219,383$0$0$20,713,876
91$25,470,479$0$0$22,722,865
92$27,947,493$0$0$24,933,501
93$30,673,352$0$0$27,366,248
94$33,673,317$0$0$30,043,655
95$36,975,225$0$0$32,990,568
96$40,609,744$0$0$36,234,364
97$44,610,671$0$0$39,805,208
98$49,015,242$0$0$43,736,339
99$53,864,490$0$0$48,064,381
100$59,203,626$0$0$52,829,692