Can I retire at age 40 with 466,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19%
1 years$38,482$38,139$37,805$37,478$37,159$35,813
2 years$19,050$18,696$18,352$18,018$17,695$16,353
3 years$12,574$12,218$11,875$11,545$11,226$9,931
4 years$9,337$8,981$8,642$8,317$8,007$6,768
5 years$7,395$7,042$6,706$6,388$6,087$4,908
6 years$6,100$5,750$5,420$5,109$4,816$3,699
7 years$5,176$4,829$4,504$4,200$3,917$2,860
8 years$4,484$4,139$3,820$3,524$3,249$2,252
9 years$3,945$3,604$3,290$3,001$2,736$1,798
10 years$3,514$3,177$2,868$2,587$2,332$1,449
11 years$3,162$2,828$2,525$2,252$2,005$1,178
12 years$2,869$2,538$2,241$1,975$1,738$963
13 years$2,621$2,294$2,002$1,744$1,515$792
14 years$2,409$2,085$1,799$1,548$1,328$653
15 years$2,225$1,905$1,624$1,380$1,170$540
16 years$2,065$1,748$1,473$1,236$1,034$448
17 years$1,923$1,609$1,340$1,110$917$373
18 years$1,797$1,487$1,223$1,001$815$311
19 years$1,685$1,378$1,120$904$726$259
20 years$1,584$1,281$1,028$819$649$216
21 years$1,493$1,193$945$743$581$181
22 years$1,410$1,114$871$676$520$151
23 years$1,334$1,042$804$615$467$127
24 years$1,265$976$744$561$420$106
25 years$1,201$916$689$513$378$89
26 years$1,143$861$639$469$340$75
27 years$1,089$810$593$429$307$63
28 years$1,039$763$552$393$277$53
29 years$992$720$513$360$250$44
30 years$949$680$478$331$226$37
31 years$908$643$446$304$204$31
32 years$870$608$416$279$185$26
33 years$835$576$388$257$167$22
34 years$801$546$363$236$151$18
35 years$770$518$339$217$137$15
36 years$740$491$317$200$124$13
37 years$712$467$297$185$113$11
38 years$686$444$278$170$102$9
39 years$661$422$261$157$93$8
40 years$637$401$244$145$84$6
41 years$615$382$229$133$76$5
42 years$593$364$215$123$69$5
43 years$573$347$202$114$63$4
44 years$554$330$189$105$57$3
45 years$535$315$178$97$52$3
46 years$518$301$167$90$47$2
47 years$501$287$157$83$43$2
48 years$485$274$147$76$39$2
49 years$470$262$138$71$35$1
50 years$455$250$130$65$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $466,000, adding $5,770 every year, while hoping to spend $32,003 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: 72/13/15 Blend
39$466,000$466,000$466,000$466,000
40$519,484$494,786$487,563$554,733
41$538,420$484,979$469,845$569,067
42$558,215$473,620$450,461$580,310
43$578,923$460,597$429,322$591,782
44$600,603$445,795$406,333$603,497
45$623,316$429,091$381,397$615,475
46$647,131$410,354$354,411$627,735
47$672,123$389,446$325,269$640,303
48$698,373$366,221$293,858$653,203
49$725,967$340,527$260,062$666,467
50$755,001$312,198$223,760$680,130
51$785,579$281,063$184,823$694,230
52$817,813$246,940$143,120$708,811
53$851,826$209,636$98,511$723,924
54$887,752$168,949$50,851$739,624
55$925,738$124,662$0$755,975
56$965,942$76,549$0$773,050
57$1,008,539$24,371$0$799,613
58$1,053,719$0$0$827,633
59$1,101,691$0$0$861,833
60$1,152,681$0$0$901,904
61$1,206,938$0$0$944,554
62$1,264,735$0$0$990,001
63$1,326,370$0$0$1,038,480
64$1,392,170$0$0$1,090,250
65$1,462,493$0$0$1,145,594
66$1,537,730$0$0$1,204,824
67$1,618,313$0$0$1,268,281
68$1,704,713$0$0$1,336,338
69$1,797,448$0$0$1,409,405
70$1,897,085$0$0$1,487,934
71$2,004,249$0$0$1,572,417
72$2,119,624$0$0$1,663,398
73$2,243,962$0$0$1,761,474
74$2,378,088$0$0$1,867,297
75$2,522,911$0$0$1,981,589
76$2,679,426$0$0$2,105,138
77$2,848,731$0$0$2,238,815
78$3,032,028$0$0$2,383,574
79$3,230,643$0$0$2,540,465
80$3,446,031$0$0$2,710,642
81$3,679,793$0$0$2,895,376
82$3,933,690$0$0$3,096,062
83$4,209,659$0$0$3,314,237
84$4,509,832$0$0$3,551,591
85$4,836,551$0$0$3,809,982
86$5,192,398$0$0$4,091,458
87$5,580,210$0$0$4,398,269
88$6,003,112$0$0$4,732,894
89$6,464,542$0$0$5,098,059
90$6,968,286$0$0$5,496,768
91$7,518,508$0$0$5,932,323
92$8,119,796$0$0$6,408,365
93$8,777,199$0$0$6,928,897
94$9,496,276$0$0$7,498,330
95$10,283,149$0$0$8,121,520
96$11,144,558$0$0$8,803,814
97$12,087,925$0$0$9,551,100
98$13,121,425$0$0$10,369,861
99$14,254,058$0$0$11,267,240
100$15,495,738$0$0$12,251,100