Can I retire at age 40 with 467,000?

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 $467,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$38,564$38,221$37,886$37,559$37,239$36,974
2 years$19,091$18,736$18,391$18,057$17,733$17,465
3 years$12,601$12,244$11,900$11,569$11,251$10,989
4 years$9,357$9,001$8,660$8,335$8,024$7,770
5 years$7,410$7,057$6,721$6,402$6,100$5,855
6 years$6,113$5,762$5,431$5,120$4,826$4,591
7 years$5,187$4,839$4,514$4,209$3,925$3,699
8 years$4,493$4,148$3,828$3,531$3,256$3,039
9 years$3,953$3,612$3,297$3,008$2,742$2,534
10 years$3,522$3,183$2,874$2,593$2,337$2,138
11 years$3,169$2,834$2,531$2,256$2,010$1,820
12 years$2,875$2,544$2,246$1,979$1,741$1,560
13 years$2,627$2,299$2,006$1,747$1,519$1,346
14 years$2,414$2,089$1,803$1,551$1,331$1,167
15 years$2,230$1,909$1,628$1,383$1,172$1,016
16 years$2,069$1,751$1,476$1,239$1,036$888
17 years$1,927$1,613$1,343$1,113$918$778
18 years$1,801$1,490$1,226$1,003$817$684
19 years$1,688$1,381$1,122$906$728$602
20 years$1,587$1,284$1,030$821$650$531
21 years$1,496$1,196$947$745$582$470
22 years$1,413$1,116$873$677$522$416
23 years$1,337$1,044$806$617$468$368
24 years$1,268$978$746$563$421$327
25 years$1,204$918$691$514$379$290
26 years$1,145$863$640$470$341$258
27 years$1,091$812$595$430$308$230
28 years$1,041$765$553$394$277$204
29 years$994$722$514$361$251$182
30 years$951$681$479$332$226$162
31 years$910$644$447$304$205$145
32 years$872$610$417$280$185$129
33 years$836$577$389$257$168$115
34 years$803$547$364$237$152$103
35 years$771$519$340$218$137$92
36 years$742$493$318$201$124$82
37 years$714$468$298$185$113$73
38 years$687$445$279$170$102$66
39 years$662$423$261$157$93$59
40 years$638$402$245$145$84$52
41 years$616$383$230$134$76$47
42 years$595$365$215$123$69$42
43 years$574$347$202$114$63$37
44 years$555$331$190$105$57$34
45 years$536$316$178$97$52$30
46 years$519$301$167$90$47$27
47 years$502$287$157$83$43$24
48 years$486$274$148$77$39$21
49 years$471$262$139$71$35$19
50 years$456$250$130$65$32$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $467,000, adding $4,069 every year, while hoping to spend $21,767 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: 58/36/6 Blend
39$467,000$467,000$467,000$467,000
40$518,831$494,080$486,842$548,059
41$548,592$495,130$479,991$569,209
42$580,659$495,502$472,181$589,418
43$615,244$495,140$463,357$610,899
44$652,581$493,983$453,462$633,774
45$692,925$491,970$442,434$658,179
46$736,559$489,031$430,210$684,266
47$783,791$485,097$416,726$712,200
48$834,963$480,092$401,911$742,167
49$890,447$473,934$385,693$774,371
50$950,656$466,540$367,997$809,038
51$1,016,041$457,819$348,743$846,418
52$1,087,101$447,677$327,850$886,790
53$1,164,384$436,011$305,231$930,458
54$1,248,490$422,714$280,796$977,762
55$1,340,083$407,675$254,450$1,029,078
56$1,439,893$390,772$226,095$1,084,820
57$1,548,722$371,880$195,629$1,145,447
58$1,667,453$350,863$162,944$1,211,466
59$1,797,059$327,581$127,928$1,283,438
60$1,938,609$301,883$90,464$1,361,984
61$2,093,282$273,610$50,430$1,447,790
62$2,262,376$242,596$7,698$1,541,612
63$2,447,318$208,662$0$1,644,290
64$2,649,680$171,623$0$1,759,175
65$2,871,195$131,280$0$1,885,548
66$3,113,768$87,424$0$2,024,056
67$3,379,500$39,836$0$2,175,956
68$3,670,703$0$0$2,342,640
69$3,989,922$0$0$2,530,283
70$4,339,964$0$0$2,753,389
71$4,723,917$0$0$2,998,149
72$5,145,183$0$0$3,266,738
73$5,607,510$0$0$3,561,550
74$6,115,026$0$0$3,885,224
75$6,672,278$0$0$4,240,665
76$7,284,277$0$0$4,631,074
77$7,956,539$0$0$5,059,978
78$8,695,143$0$0$5,531,260
79$9,506,787$0$0$6,049,201
80$10,398,848$0$0$6,618,515
81$11,379,454$0$0$7,244,397
82$12,457,559$0$0$7,932,568
83$13,643,029$0$0$8,689,335
84$14,946,733$0$0$9,521,642
85$16,380,647$0$0$10,437,143
86$17,957,964$0$0$11,444,271
87$19,693,222$0$0$12,552,315
88$21,602,438$0$0$13,771,513
89$23,703,260$0$0$15,113,144
90$26,015,133$0$0$16,589,634
91$28,559,483$0$0$18,214,678
92$31,359,917$0$0$20,003,362
93$34,442,446$0$0$21,972,311
94$37,835,735$0$0$24,139,845
95$41,571,363$0$0$26,526,147
96$45,684,132$0$0$29,153,459
97$50,212,387$0$0$32,046,289
98$55,198,381$0$0$35,231,642
99$60,688,672$0$0$38,739,275
100$66,734,565$0$0$42,601,977