Can I retire at age 40 with 473,000?

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 $473,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$39,060$38,712$38,373$38,041$37,718$36,279
2 years$19,337$18,976$18,627$18,289$17,961$16,528
3 years$12,763$12,401$12,053$11,718$11,395$10,013
4 years$9,477$9,116$8,772$8,442$8,127$6,807
5 years$7,506$7,147$6,807$6,484$6,178$4,923
6 years$6,192$5,836$5,501$5,186$4,888$3,700
7 years$5,254$4,901$4,572$4,263$3,976$2,853
8 years$4,551$4,201$3,877$3,576$3,298$2,240
9 years$4,004$3,658$3,339$3,046$2,778$1,782
10 years$3,567$3,224$2,911$2,626$2,367$1,432
11 years$3,210$2,870$2,563$2,285$2,035$1,160
12 years$2,912$2,576$2,275$2,005$1,764$946
13 years$2,661$2,328$2,032$1,770$1,538$774
14 years$2,445$2,116$1,826$1,571$1,348$637
15 years$2,259$1,933$1,649$1,401$1,187$525
16 years$2,096$1,774$1,495$1,254$1,049$434
17 years$1,952$1,634$1,360$1,127$930$360
18 years$1,824$1,510$1,242$1,016$827$299
19 years$1,710$1,399$1,137$918$737$248
20 years$1,608$1,300$1,043$831$659$206
21 years$1,515$1,211$959$754$589$172
22 years$1,431$1,130$884$686$528$143
23 years$1,354$1,057$817$625$474$120
24 years$1,284$991$755$570$426$100
25 years$1,219$930$699$520$384$83
26 years$1,160$874$649$476$345$70
27 years$1,105$822$602$435$311$58
28 years$1,054$775$560$399$281$49
29 years$1,007$731$521$366$254$41
30 years$963$690$485$336$229$34
31 years$922$653$452$308$207$28
32 years$883$617$422$283$188$24
33 years$847$585$394$261$170$20
34 years$813$554$368$240$154$17
35 years$781$526$344$221$139$14
36 years$751$499$322$203$126$12
37 years$723$474$302$187$114$10
38 years$696$450$282$173$104$8
39 years$671$428$265$159$94$7
40 years$647$407$248$147$85$6
41 years$624$388$232$135$77$5
42 years$602$369$218$125$70$4
43 years$582$352$205$115$64$3
44 years$562$335$192$107$58$3
45 years$543$320$180$98$52$2
46 years$525$305$169$91$48$2
47 years$508$291$159$84$43$2
48 years$492$278$150$78$39$1
49 years$477$265$141$72$36$1
50 years$462$254$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 $473,000, adding $2,032 every year, while hoping to spend $28,381 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: 78/16/6 Blend
39$473,000$473,000$473,000$473,000
40$523,342$498,273$490,942$563,730
41$546,526$492,491$477,191$584,722
42$571,123$485,475$462,028$603,832
43$597,248$477,134$445,377$623,943
44$625,026$467,372$427,155$645,142
45$654,593$456,087$407,279$667,523
46$686,099$443,173$385,661$691,193
47$719,708$428,515$362,207$716,266
48$755,599$411,994$336,822$742,872
49$793,969$393,480$309,405$771,152
50$835,034$372,841$279,850$801,262
51$879,030$349,933$248,048$833,375
52$926,217$324,605$213,883$867,681
53$976,878$296,699$177,236$904,391
54$1,031,328$266,044$137,981$943,738
55$1,089,907$232,464$95,987$985,977
56$1,152,993$195,771$51,118$1,031,394
57$1,220,999$155,764$3,231$1,080,301
58$1,294,380$112,235$0$1,133,043
59$1,373,633$64,962$0$1,193,069
60$1,459,308$13,709$0$1,258,156
61$1,552,008$0$0$1,328,572
62$1,652,394$0$0$1,412,197
63$1,761,194$0$0$1,505,462
64$1,879,211$0$0$1,606,640
65$2,007,324$0$0$1,716,488
66$2,146,502$0$0$1,835,839
67$2,297,812$0$0$1,965,608
68$2,462,424$0$0$2,106,803
69$2,641,629$0$0$2,260,532
70$2,836,846$0$0$2,428,014
71$3,049,637$0$0$2,610,593
72$3,281,721$0$0$2,809,744
73$3,534,989$0$0$3,027,094
74$3,811,525$0$0$3,264,433
75$4,113,620$0$0$3,523,730
76$4,443,799$0$0$3,807,155
77$4,804,839$0$0$4,117,095
78$5,199,800$0$0$4,456,180
79$5,632,051$0$0$4,827,305
80$6,105,300$0$0$5,233,657
81$6,623,633$0$0$5,678,746
82$7,191,546$0$0$6,166,440
83$7,813,994$0$0$6,700,995
84$8,496,432$0$0$7,287,100
85$9,244,869$0$0$7,929,920
86$10,065,924$0$0$8,635,143
87$10,966,886$0$0$9,409,035
88$11,955,785$0$0$10,258,496
89$13,041,464$0$0$11,191,129
90$14,233,669$0$0$12,215,308
91$15,543,130$0$0$13,340,258
92$16,981,671$0$0$14,576,141
93$18,562,318$0$0$15,934,151
94$20,299,419$0$0$17,426,624
95$22,208,782$0$0$19,067,145
96$24,307,823$0$0$20,870,683
97$26,615,729$0$0$22,853,732
98$29,153,640$0$0$25,034,459
99$31,944,845$0$0$27,432,885
100$35,015,006$0$0$30,071,065