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%14.7%
1 years$38,482$38,139$37,805$37,478$37,159$36,439
2 years$19,050$18,696$18,352$18,018$17,695$16,972
3 years$12,574$12,218$11,875$11,545$11,226$10,524
4 years$9,337$8,981$8,642$8,317$8,007$7,329
5 years$7,395$7,042$6,706$6,388$6,087$5,437
6 years$6,100$5,750$5,420$5,109$4,816$4,194
7 years$5,176$4,829$4,504$4,200$3,917$3,323
8 years$4,484$4,139$3,820$3,524$3,249$2,684
9 years$3,945$3,604$3,290$3,001$2,736$2,199
10 years$3,514$3,177$2,868$2,587$2,332$1,821
11 years$3,162$2,828$2,525$2,252$2,005$1,521
12 years$2,869$2,538$2,241$1,975$1,738$1,280
13 years$2,621$2,294$2,002$1,744$1,515$1,083
14 years$2,409$2,085$1,799$1,548$1,328$920
15 years$2,225$1,905$1,624$1,380$1,170$785
16 years$2,065$1,748$1,473$1,236$1,034$672
17 years$1,923$1,609$1,340$1,110$917$576
18 years$1,797$1,487$1,223$1,001$815$496
19 years$1,685$1,378$1,120$904$726$427
20 years$1,584$1,281$1,028$819$649$369
21 years$1,493$1,193$945$743$581$319
22 years$1,410$1,114$871$676$520$276
23 years$1,334$1,042$804$615$467$239
24 years$1,265$976$744$561$420$207
25 years$1,201$916$689$513$378$180
26 years$1,143$861$639$469$340$156
27 years$1,089$810$593$429$307$135
28 years$1,039$763$552$393$277$118
29 years$992$720$513$360$250$102
30 years$949$680$478$331$226$89
31 years$908$643$446$304$204$77
32 years$870$608$416$279$185$67
33 years$835$576$388$257$167$59
34 years$801$546$363$236$151$51
35 years$770$518$339$217$137$44
36 years$740$491$317$200$124$39
37 years$712$467$297$185$113$34
38 years$686$444$278$170$102$29
39 years$661$422$261$157$93$26
40 years$637$401$244$145$84$22
41 years$615$382$229$133$76$19
42 years$593$364$215$123$69$17
43 years$573$347$202$114$63$15
44 years$554$330$189$105$57$13
45 years$535$315$178$97$52$11
46 years$518$301$167$90$47$10
47 years$501$287$157$83$43$9
48 years$485$274$147$76$39$7
49 years$470$262$138$71$35$6
50 years$455$250$130$65$32$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $466,000, adding $5,882 every year, while hoping to spend $27,002 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: 34/39/27 Blend
39$466,000$466,000$466,000$466,000
40$519,599$494,901$487,678$532,855
41$543,868$490,422$475,286$538,844
42$569,708$484,817$461,573$542,464
43$597,250$478,005$446,467$545,839
44$626,638$469,896$429,892$548,968
45$658,031$460,396$411,769$551,849
46$691,601$449,407$392,014$554,483
47$727,538$436,822$370,541$556,874
48$766,051$422,530$347,258$559,029
49$807,368$406,413$322,071$560,958
50$851,739$388,347$294,880$562,678
51$899,440$368,200$265,582$564,207
52$950,772$345,831$234,068$565,573
53$1,006,067$321,093$200,226$566,807
54$1,065,690$293,830$163,937$567,949
55$1,130,039$263,877$125,078$569,047
56$1,199,555$231,059$83,520$570,158
57$1,274,720$195,191$39,129$571,351
58$1,356,066$156,080$0$572,705
59$1,444,176$113,519$0$576,690
60$1,539,692$67,291$0$593,224
61$1,643,318$17,167$0$611,191
62$1,755,832$0$0$630,784
63$1,878,087$0$0$668,138
64$2,011,021$0$0$716,826
65$2,155,667$0$0$769,867
66$2,313,162$0$0$827,686
67$2,484,757$0$0$890,751
68$2,671,827$0$0$959,575
69$2,875,888$0$0$1,034,725
70$3,098,606$0$0$1,116,824
71$3,341,817$0$0$1,206,559
72$3,607,540$0$0$1,304,686
73$3,898,001$0$0$1,412,035
74$4,215,647$0$0$1,529,524
75$4,563,174$0$0$1,658,161
76$4,943,552$0$0$1,799,056
77$5,360,048$0$0$1,953,434
78$5,816,263$0$0$2,122,640
79$6,316,161$0$0$2,308,159
80$6,864,107$0$0$2,511,624
81$7,464,911$0$0$2,734,837
82$8,123,868$0$0$2,979,778
83$8,846,810$0$0$3,248,631
84$9,640,163$0$0$3,543,803
85$10,511,005$0$0$3,867,943
86$11,467,129$0$0$4,223,968
87$12,517,125$0$0$4,615,096
88$13,670,451$0$0$5,044,867
89$14,937,528$0$0$5,517,184
90$16,329,837$0$0$6,036,347
91$17,860,025$0$0$6,607,091
92$19,542,026$0$0$7,234,635
93$21,391,189$0$0$7,924,727
94$23,424,427$0$0$8,683,702
95$25,660,372$0$0$9,518,538
96$28,119,554$0$0$10,436,923
97$30,824,589$0$0$11,447,330
98$33,800,399$0$0$12,559,093
99$37,074,439$0$0$13,782,495
100$40,676,963$0$0$15,128,870