Can I retire at age 40 with 469,000?

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 $469,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$38,730$38,385$38,048$37,720$37,399$37,241
2 years$19,173$18,816$18,470$18,134$17,809$17,650
3 years$12,655$12,296$11,951$11,619$11,299$11,143
4 years$9,397$9,039$8,697$8,371$8,058$7,907
5 years$7,442$7,087$6,750$6,430$6,126$5,980
6 years$6,140$5,787$5,455$5,142$4,847$4,706
7 years$5,210$4,860$4,533$4,227$3,942$3,807
8 years$4,512$4,166$3,844$3,546$3,270$3,140
9 years$3,970$3,627$3,311$3,021$2,754$2,629
10 years$3,537$3,197$2,887$2,604$2,347$2,227
11 years$3,183$2,846$2,541$2,266$2,018$1,904
12 years$2,888$2,555$2,255$1,988$1,749$1,640
13 years$2,638$2,309$2,015$1,755$1,525$1,421
14 years$2,425$2,098$1,811$1,558$1,337$1,237
15 years$2,240$1,917$1,635$1,389$1,177$1,082
16 years$2,078$1,759$1,482$1,244$1,040$950
17 years$1,935$1,620$1,349$1,118$922$837
18 years$1,809$1,497$1,231$1,007$820$739
19 years$1,696$1,387$1,127$910$731$654
20 years$1,594$1,289$1,034$824$653$580
21 years$1,502$1,201$951$748$584$515
22 years$1,419$1,121$877$680$524$459
23 years$1,343$1,048$810$619$470$409
24 years$1,273$982$749$565$423$364
25 years$1,209$922$693$516$380$325
26 years$1,150$866$643$472$343$291
27 years$1,096$815$597$432$309$260
28 years$1,045$768$555$396$279$233
29 years$998$725$517$363$252$209
30 years$955$684$481$333$227$187
31 years$914$647$449$306$206$168
32 years$876$612$419$281$186$151
33 years$840$580$391$258$168$135
34 years$806$549$365$238$152$121
35 years$775$521$341$219$138$109
36 years$745$495$319$202$125$98
37 years$717$470$299$186$113$88
38 years$690$446$280$171$103$79
39 years$665$425$262$158$93$71
40 years$641$404$246$146$84$64
41 years$619$385$231$134$77$58
42 years$597$366$216$124$70$52
43 years$577$349$203$114$63$47
44 years$557$333$190$106$57$42
45 years$539$317$179$98$52$38
46 years$521$303$168$90$47$34
47 years$504$289$158$83$43$31
48 years$488$276$148$77$39$28
49 years$473$263$139$71$35$25
50 years$458$251$131$66$32$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $469,000, adding $6,070 every year, while hoping to spend $26,685 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: 62/20/18 Blend
39$469,000$469,000$469,000$469,000
40$523,099$498,242$490,973$552,774
41$548,063$494,263$479,028$569,513
42$574,678$489,195$465,788$584,243
43$603,086$482,956$451,182$599,699
44$633,439$475,460$435,136$615,955
45$665,907$466,615$417,570$633,092
46$700,675$456,324$398,404$651,202
47$737,944$444,484$377,551$670,385
48$777,937$430,987$354,922$690,754
49$820,899$415,717$330,423$712,434
50$867,096$398,553$303,958$735,564
51$916,823$379,365$275,424$760,300
52$970,403$358,018$244,715$786,812
53$1,028,190$334,367$211,718$815,294
54$1,090,573$308,259$176,319$845,957
55$1,157,982$279,533$138,395$879,037
56$1,230,885$248,019$97,821$914,797
57$1,309,800$213,537$54,462$953,527
58$1,395,295$175,896$8,183$995,550
59$1,487,996$134,896$0$1,041,225
60$1,588,589$90,323$0$1,098,863
61$1,697,830$41,954$0$1,163,181
62$1,816,551$0$0$1,233,124
63$1,945,667$0$0$1,311,564
64$2,086,182$0$0$1,407,009
65$2,239,205$0$0$1,510,982
66$2,405,953$0$0$1,624,315
67$2,587,768$0$0$1,747,923
68$2,786,124$0$0$1,882,814
69$3,002,647$0$0$2,030,096
70$3,239,124$0$0$2,190,991
71$3,497,523$0$0$2,366,843
72$3,780,011$0$0$2,559,132
73$4,088,973$0$0$2,769,487
74$4,427,037$0$0$2,999,701
75$4,797,094$0$0$3,251,751
76$5,202,330$0$0$3,527,811
77$5,646,252$0$0$3,830,277
78$6,132,723$0$0$4,161,788
79$6,665,996$0$0$4,525,249
80$7,250,756$0$0$4,923,860
81$7,892,164$0$0$5,361,146
82$8,595,903$0$0$5,840,989
83$9,368,234$0$0$6,367,666
84$10,216,053$0$0$6,945,888
85$11,146,955$0$0$7,580,842
86$12,169,308$0$0$8,278,246
87$13,292,330$0$0$9,044,396
88$14,526,176$0$0$9,886,229
89$15,882,032$0$0$10,811,387
90$17,372,222$0$0$11,828,289
91$19,010,324$0$0$12,946,211
92$20,811,295$0$0$14,175,371
93$22,791,616$0$0$15,527,027
94$24,969,443$0$0$17,013,584
95$27,364,780$0$0$18,648,709
96$29,999,668$0$0$20,447,457
97$32,898,390$0$0$22,426,421
98$36,087,703$0$0$24,603,878
99$39,597,087$0$0$26,999,970
100$43,459,024$0$0$29,636,888