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%13%
1 years$38,482$38,139$37,805$37,478$37,159$36,695
2 years$19,050$18,696$18,352$18,018$17,695$17,228
3 years$12,574$12,218$11,875$11,545$11,226$10,771
4 years$9,337$8,981$8,642$8,317$8,007$7,566
5 years$7,395$7,042$6,706$6,388$6,087$5,663
6 years$6,100$5,750$5,420$5,109$4,816$4,409
7 years$5,176$4,829$4,504$4,200$3,917$3,527
8 years$4,484$4,139$3,820$3,524$3,249$2,876
9 years$3,945$3,604$3,290$3,001$2,736$2,380
10 years$3,514$3,177$2,868$2,587$2,332$1,992
11 years$3,162$2,828$2,525$2,252$2,005$1,682
12 years$2,869$2,538$2,241$1,975$1,738$1,431
13 years$2,621$2,294$2,002$1,744$1,515$1,224
14 years$2,409$2,085$1,799$1,548$1,328$1,052
15 years$2,225$1,905$1,624$1,380$1,170$908
16 years$2,065$1,748$1,473$1,236$1,034$786
17 years$1,923$1,609$1,340$1,110$917$683
18 years$1,797$1,487$1,223$1,001$815$594
19 years$1,685$1,378$1,120$904$726$519
20 years$1,584$1,281$1,028$819$649$453
21 years$1,493$1,193$945$743$581$397
22 years$1,410$1,114$871$676$520$348
23 years$1,334$1,042$804$615$467$305
24 years$1,265$976$744$561$420$268
25 years$1,201$916$689$513$378$236
26 years$1,143$861$639$469$340$207
27 years$1,089$810$593$429$307$183
28 years$1,039$763$552$393$277$161
29 years$992$720$513$360$250$142
30 years$949$680$478$331$226$125
31 years$908$643$446$304$204$110
32 years$870$608$416$279$185$97
33 years$835$576$388$257$167$86
34 years$801$546$363$236$151$76
35 years$770$518$339$217$137$67
36 years$740$491$317$200$124$59
37 years$712$467$297$185$113$52
38 years$686$444$278$170$102$46
39 years$661$422$261$157$93$41
40 years$637$401$244$145$84$36
41 years$615$382$229$133$76$32
42 years$593$364$215$123$69$28
43 years$573$347$202$114$63$25
44 years$554$330$189$105$57$22
45 years$535$315$178$97$52$20
46 years$518$301$167$90$47$17
47 years$501$287$157$83$43$15
48 years$485$274$147$76$39$14
49 years$470$262$138$71$35$12
50 years$455$250$130$65$32$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $466,000, adding $5,955 every year, while hoping to spend $38,371 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: 55/34/11 Blend
39$466,000$466,000$466,000$466,000
40$519,675$494,977$487,754$546,494
41$531,855$478,404$463,267$548,772
42$543,992$459,733$436,674$546,544
43$556,040$438,821$407,863$543,214
44$567,949$415,516$376,719$538,684
45$579,660$389,658$343,121$532,848
46$591,111$361,076$306,941$525,593
47$602,228$329,592$268,047$516,795
48$612,930$295,017$226,301$506,322
49$623,125$257,149$181,559$494,032
50$632,713$215,778$133,669$479,769
51$641,578$170,680$82,476$463,367
52$649,593$121,618$27,813$444,647
53$656,618$68,343$0$423,413
54$662,493$10,592$0$403,039
55$667,042$0$0$383,432
56$670,070$0$0$380,522
57$671,360$0$0$380,497
58$670,668$0$0$379,246
59$667,728$0$0$376,605
60$662,239$0$0$372,394
61$653,873$0$0$366,410
62$642,262$0$0$358,430
63$627,000$0$0$348,208
64$607,637$0$0$335,470
65$583,674$0$0$319,913
66$554,560$0$0$301,200
67$519,684$0$0$278,962
68$478,371$0$0$252,787
69$429,872$0$0$222,222
70$373,361$0$0$186,764
71$307,926$0$0$145,858
72$232,555$0$0$98,891
73$146,132$0$0$45,185
74$47,425$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