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%12%
1 years$39,060$38,712$38,373$38,041$37,718$37,402
2 years$19,337$18,976$18,627$18,289$17,961$17,642
3 years$12,763$12,401$12,053$11,718$11,395$11,084
4 years$9,477$9,116$8,772$8,442$8,127$7,826
5 years$7,506$7,147$6,807$6,484$6,178$5,887
6 years$6,192$5,836$5,501$5,186$4,888$4,609
7 years$5,254$4,901$4,572$4,263$3,976$3,707
8 years$4,551$4,201$3,877$3,576$3,298$3,041
9 years$4,004$3,658$3,339$3,046$2,778$2,531
10 years$3,567$3,224$2,911$2,626$2,367$2,131
11 years$3,210$2,870$2,563$2,285$2,035$1,811
12 years$2,912$2,576$2,275$2,005$1,764$1,550
13 years$2,661$2,328$2,032$1,770$1,538$1,334
14 years$2,445$2,116$1,826$1,571$1,348$1,155
15 years$2,259$1,933$1,649$1,401$1,187$1,003
16 years$2,096$1,774$1,495$1,254$1,049$875
17 years$1,952$1,634$1,360$1,127$930$765
18 years$1,824$1,510$1,242$1,016$827$671
19 years$1,710$1,399$1,137$918$737$590
20 years$1,608$1,300$1,043$831$659$519
21 years$1,515$1,211$959$754$589$458
22 years$1,431$1,130$884$686$528$404
23 years$1,354$1,057$817$625$474$358
24 years$1,284$991$755$570$426$317
25 years$1,219$930$699$520$384$281
26 years$1,160$874$649$476$345$249
27 years$1,105$822$602$435$311$221
28 years$1,054$775$560$399$281$196
29 years$1,007$731$521$366$254$174
30 years$963$690$485$336$229$155
31 years$922$653$452$308$207$138
32 years$883$617$422$283$188$123
33 years$847$585$394$261$170$109
34 years$813$554$368$240$154$97
35 years$781$526$344$221$139$87
36 years$751$499$322$203$126$77
37 years$723$474$302$187$114$69
38 years$696$450$282$173$104$61
39 years$671$428$265$159$94$55
40 years$647$407$248$147$85$49
41 years$624$388$232$135$77$43
42 years$602$369$218$125$70$39
43 years$582$352$205$115$64$35
44 years$562$335$192$107$58$31
45 years$543$320$180$98$52$28
46 years$525$305$169$91$48$25
47 years$508$291$159$84$43$22
48 years$492$278$150$78$39$20
49 years$477$265$141$72$36$17
50 years$462$254$132$66$32$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $473,000, adding $5,822 every year, while hoping to spend $25,042 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: 49/44/7 Blend
39$473,000$473,000$473,000$473,000
40$527,251$502,182$494,851$551,849
41$554,387$500,145$484,784$567,245
42$583,450$497,168$473,540$580,813
43$614,613$493,180$461,054$594,960
44$648,060$488,103$447,257$609,746
45$683,999$481,856$432,077$625,239
46$722,653$474,354$415,437$641,514
47$764,270$465,503$397,261$658,659
48$809,120$455,208$377,464$676,768
49$857,503$443,365$355,961$695,949
50$909,745$429,867$332,663$716,322
51$966,206$414,597$307,474$738,022
52$1,027,282$397,435$280,297$761,199
53$1,093,406$378,252$251,029$786,020
54$1,165,058$356,910$219,563$812,674
55$1,242,763$333,267$185,787$841,370
56$1,327,097$307,170$149,583$872,340
57$1,418,697$278,458$110,830$905,844
58$1,518,262$246,960$69,401$942,174
59$1,626,560$212,496$25,161$981,650
60$1,744,438$174,878$0$1,024,633
61$1,872,827$133,902$0$1,073,169
62$2,012,750$89,359$0$1,128,168
63$2,165,336$41,023$0$1,188,254
64$2,331,825$0$0$1,253,988
65$2,513,584$0$0$1,331,483
66$2,712,115$0$0$1,437,873
67$2,929,073$0$0$1,554,188
68$3,166,282$0$0$1,681,411
69$3,425,746$0$0$1,820,625
70$3,709,677$0$0$1,973,022
71$4,020,504$0$0$2,139,913
72$4,360,908$0$0$2,322,746
73$4,733,839$0$0$2,523,111
74$5,142,543$0$0$2,742,762
75$5,590,601$0$0$2,983,629
76$6,081,950$0$0$3,247,840
77$6,620,932$0$0$3,537,736
78$7,212,328$0$0$3,855,899
79$7,861,401$0$0$4,205,169
80$8,573,952$0$0$4,588,678
81$9,356,370$0$0$5,009,874
82$10,215,693$0$0$5,472,556
83$11,159,674$0$0$5,980,910
84$12,196,853$0$0$6,539,545
85$13,336,639$0$0$7,153,542
86$14,589,399$0$0$7,828,496
87$15,966,551$0$0$8,570,571
88$17,480,677$0$0$9,386,561
89$19,145,639$0$0$10,283,949
90$20,976,707$0$0$11,270,978
91$22,990,708$0$0$12,356,734
92$25,206,180$0$0$13,551,224
93$27,643,549$0$0$14,865,476
94$30,325,319$0$0$16,311,642
95$33,276,286$0$0$17,903,107
96$36,523,772$0$0$19,654,624
97$40,097,881$0$0$21,582,445
98$44,031,783$0$0$23,704,481
99$48,362,025$0$0$26,040,464
100$53,128,882$0$0$28,612,138