Can I retire at age 40 with 471,000?

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 $471,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$38,895$38,548$38,210$37,880$37,558$36,139
2 years$19,255$18,896$18,549$18,212$17,885$16,472
3 years$12,709$12,349$12,002$11,668$11,347$9,984
4 years$9,437$9,078$8,735$8,406$8,093$6,791
5 years$7,474$7,117$6,778$6,457$6,152$4,914
6 years$6,166$5,812$5,478$5,164$4,868$3,695
7 years$5,232$4,881$4,552$4,245$3,959$2,850
8 years$4,532$4,184$3,861$3,561$3,284$2,239
9 years$3,987$3,643$3,325$3,033$2,766$1,783
10 years$3,552$3,211$2,899$2,615$2,357$1,434
11 years$3,196$2,858$2,552$2,276$2,027$1,162
12 years$2,900$2,565$2,265$1,996$1,756$948
13 years$2,649$2,318$2,024$1,762$1,532$777
14 years$2,435$2,107$1,818$1,564$1,343$639
15 years$2,249$1,925$1,642$1,395$1,182$528
16 years$2,087$1,766$1,488$1,249$1,045$436
17 years$1,944$1,627$1,354$1,122$926$362
18 years$1,816$1,503$1,236$1,011$824$301
19 years$1,703$1,393$1,132$914$734$250
20 years$1,601$1,295$1,039$828$656$208
21 years$1,509$1,206$955$751$587$174
22 years$1,425$1,126$881$683$526$145
23 years$1,348$1,053$813$622$472$121
24 years$1,279$986$752$567$424$101
25 years$1,214$926$696$518$382$84
26 years$1,155$870$646$474$344$70
27 years$1,100$819$600$434$310$59
28 years$1,050$771$558$397$280$49
29 years$1,003$728$519$364$253$41
30 years$959$687$483$334$228$34
31 years$918$650$451$307$206$29
32 years$879$615$420$282$187$24
33 years$843$582$393$260$169$20
34 years$810$552$367$239$153$17
35 years$778$523$343$220$139$14
36 years$748$497$321$202$126$12
37 years$720$472$300$187$114$10
38 years$693$448$281$172$103$8
39 years$668$426$263$159$94$7
40 years$644$406$247$146$85$6
41 years$621$386$232$135$77$5
42 years$600$368$217$125$70$4
43 years$579$350$204$115$63$3
44 years$560$334$191$106$58$3
45 years$541$319$180$98$52$2
46 years$523$304$169$91$47$2
47 years$506$290$158$84$43$2
48 years$490$277$149$77$39$1
49 years$475$264$140$71$36$1
50 years$460$252$132$66$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $471,000, adding $4,178 every year, while hoping to spend $27,422 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: 67/8/25 Blend
39$471,000$471,000$471,000$471,000
40$523,352$498,389$491,088$554,774
41$547,557$493,633$478,363$571,658
42$573,312$487,725$464,292$586,617
43$600,745$480,580$448,802$602,347
44$630,000$472,106$431,815$618,925
45$661,229$462,209$413,250$636,438
46$694,604$450,786$393,023$654,978
47$730,309$437,731$371,046$674,654
48$768,550$422,928$347,224$695,580
49$809,549$406,259$321,463$717,889
50$853,551$387,594$293,661$741,723
51$900,828$366,801$263,713$767,244
52$951,673$343,735$231,508$794,630
53$1,006,412$318,246$196,932$824,077
54$1,065,400$290,174$159,864$855,805
55$1,129,030$259,352$120,178$890,056
56$1,197,732$225,601$77,744$927,099
57$1,271,977$188,732$32,426$967,232
58$1,352,286$148,547$0$1,010,785
59$1,439,229$104,836$0$1,062,375
60$1,533,435$57,377$0$1,127,663
61$1,635,592$5,935$0$1,198,478
62$1,746,461$0$0$1,275,361
63$1,866,875$0$0$1,363,284
64$1,997,754$0$0$1,459,441
65$2,140,106$0$0$1,564,055
66$2,295,044$0$0$1,677,946
67$2,463,789$0$0$1,802,015
68$2,647,689$0$0$1,937,257
69$2,848,222$0$0$2,084,763
70$3,067,020$0$0$2,245,737
71$3,305,876$0$0$2,421,503
72$3,566,765$0$0$2,613,518
73$3,851,861$0$0$2,823,386
74$4,163,557$0$0$3,052,875
75$4,504,488$0$0$3,303,930
76$4,877,557$0$0$3,578,691
77$5,285,957$0$0$3,879,517
78$5,733,207$0$0$4,209,005
79$6,223,181$0$0$4,570,014
80$6,760,145$0$0$4,965,695
81$7,348,800$0$0$5,399,516
82$7,994,319$0$0$5,875,298
83$8,702,404$0$0$6,397,247
84$9,479,332$0$0$6,970,000
85$10,332,019$0$0$7,598,660
86$11,268,083$0$0$8,288,852
87$12,295,914$0$0$9,046,770
88$13,424,757$0$0$9,879,239
89$14,664,794$0$0$10,793,774
90$16,027,241$0$0$11,798,658
91$17,524,457$0$0$12,903,013
92$19,170,057$0$0$14,116,891
93$20,979,037$0$0$15,451,365
94$22,967,924$0$0$16,918,632
95$25,154,920$0$0$18,532,135
96$27,560,085$0$0$20,306,681
97$30,205,517$0$0$22,258,585
98$33,115,563$0$0$24,405,823
99$36,317,050$0$0$26,768,200
100$39,839,536$0$0$29,367,539