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%18.9%
1 years$38,564$38,221$37,886$37,559$37,239$35,904
2 years$19,091$18,736$18,391$18,057$17,733$16,402
3 years$12,601$12,244$11,900$11,569$11,251$9,966
4 years$9,357$9,001$8,660$8,335$8,024$6,795
5 years$7,410$7,057$6,721$6,402$6,100$4,930
6 years$6,113$5,762$5,431$5,120$4,826$3,717
7 years$5,187$4,839$4,514$4,209$3,925$2,876
8 years$4,493$4,148$3,828$3,531$3,256$2,266
9 years$3,953$3,612$3,297$3,008$2,742$1,810
10 years$3,522$3,183$2,874$2,593$2,337$1,460
11 years$3,169$2,834$2,531$2,256$2,010$1,188
12 years$2,875$2,544$2,246$1,979$1,741$972
13 years$2,627$2,299$2,006$1,747$1,519$799
14 years$2,414$2,089$1,803$1,551$1,331$660
15 years$2,230$1,909$1,628$1,383$1,172$546
16 years$2,069$1,751$1,476$1,239$1,036$454
17 years$1,927$1,613$1,343$1,113$918$378
18 years$1,801$1,490$1,226$1,003$817$315
19 years$1,688$1,381$1,122$906$728$263
20 years$1,587$1,284$1,030$821$650$220
21 years$1,496$1,196$947$745$582$184
22 years$1,413$1,116$873$677$522$154
23 years$1,337$1,044$806$617$468$129
24 years$1,268$978$746$563$421$108
25 years$1,204$918$691$514$379$91
26 years$1,145$863$640$470$341$76
27 years$1,091$812$595$430$308$64
28 years$1,041$765$553$394$277$54
29 years$994$722$514$361$251$45
30 years$951$681$479$332$226$38
31 years$910$644$447$304$205$32
32 years$872$610$417$280$185$27
33 years$836$577$389$257$168$22
34 years$803$547$364$237$152$19
35 years$771$519$340$218$137$16
36 years$742$493$318$201$124$13
37 years$714$468$298$185$113$11
38 years$687$445$279$170$102$9
39 years$662$423$261$157$93$8
40 years$638$402$245$145$84$7
41 years$616$383$230$134$76$6
42 years$595$365$215$123$69$5
43 years$574$347$202$114$63$4
44 years$555$331$190$105$57$3
45 years$536$316$178$97$52$3
46 years$519$301$167$90$47$2
47 years$502$287$157$83$43$2
48 years$486$274$148$77$39$2
49 years$471$262$139$71$35$1
50 years$456$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 $467,000, adding $5,700 every year, while hoping to spend $27,125 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: 40/39/21 Blend
39$467,000$467,000$467,000$467,000
40$520,514$495,763$488,524$537,897
41$544,745$491,194$476,029$546,323
42$570,539$485,493$462,206$552,421
43$598,027$478,574$446,982$558,466
44$627,350$470,349$430,281$564,467
45$658,667$460,724$412,023$570,438
46$692,150$449,597$392,124$576,395
47$727,985$436,864$370,496$582,359
48$766,381$422,412$347,049$588,356
49$807,564$406,122$321,687$594,416
50$851,782$387,869$294,311$600,577
51$899,309$367,519$264,815$606,880
52$950,444$344,933$233,092$613,378
53$1,005,516$319,961$199,027$620,130
54$1,064,886$292,447$162,502$627,205
55$1,128,951$262,224$123,392$634,683
56$1,198,148$229,116$81,570$642,657
57$1,272,955$192,939$36,898$651,233
58$1,353,899$153,495$0$660,532
59$1,441,559$110,579$0$673,108
60$1,536,571$63,971$0$695,683
61$1,639,636$13,440$0$720,196
62$1,751,523$0$0$746,885
63$1,873,080$0$0$793,723
64$2,005,236$0$0$850,972
65$2,149,016$0$0$913,313
66$2,305,549$0$0$981,243
67$2,476,074$0$0$1,055,306
68$2,661,956$0$0$1,136,104
69$2,864,698$0$0$1,224,299
70$3,085,954$0$0$1,320,616
71$3,327,542$0$0$1,425,859
72$3,591,467$0$0$1,540,908
73$3,879,935$0$0$1,666,735
74$4,195,374$0$0$1,804,409
75$4,540,458$0$0$1,955,108
76$4,918,131$0$0$2,120,127
77$5,331,635$0$0$2,300,894
78$5,784,540$0$0$2,498,982
79$6,280,777$0$0$2,716,121
80$6,824,675$0$0$2,954,220
81$7,421,005$0$0$3,215,377
82$8,075,016$0$0$3,501,908
83$8,792,494$0$0$3,816,359
84$9,579,811$0$0$4,161,538
85$10,443,984$0$0$4,540,536
86$11,392,744$0$0$4,956,760
87$12,434,607$0$0$5,413,961
88$13,578,954$0$0$5,916,271
89$14,836,118$0$0$6,468,246
90$16,217,485$0$0$7,074,900
91$17,735,597$0$0$7,741,759
92$19,404,269$0$0$8,474,913
93$21,238,724$0$0$9,281,069
94$23,255,734$0$0$10,167,616
95$25,473,774$0$0$11,142,698
96$27,913,202$0$0$12,215,284
97$30,596,446$0$0$13,395,259
98$33,548,218$0$0$14,693,513
99$36,795,746$0$0$16,122,045
100$40,369,028$0$0$17,694,076