Can I retire at age 40 with 474,000?

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 $474,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$39,142$38,794$38,454$38,122$37,797$37,141
2 years$19,377$19,017$18,667$18,328$17,999$17,339
3 years$12,790$12,428$12,079$11,743$11,419$10,777
4 years$9,497$9,136$8,790$8,460$8,144$7,525
5 years$7,522$7,162$6,822$6,498$6,191$5,597
6 years$6,205$5,849$5,513$5,197$4,899$4,329
7 years$5,265$4,912$4,581$4,272$3,984$3,440
8 years$4,560$4,210$3,885$3,584$3,305$2,786
9 years$4,013$3,666$3,346$3,053$2,783$2,289
10 years$3,575$3,231$2,917$2,632$2,372$1,902
11 years$3,217$2,877$2,568$2,290$2,040$1,594
12 years$2,918$2,582$2,279$2,009$1,768$1,345
13 years$2,666$2,333$2,037$1,773$1,541$1,142
14 years$2,450$2,121$1,830$1,574$1,351$974
15 years$2,263$1,937$1,652$1,404$1,190$833
16 years$2,100$1,778$1,498$1,257$1,051$716
17 years$1,956$1,637$1,363$1,130$932$616
18 years$1,828$1,513$1,244$1,018$829$532
19 years$1,714$1,402$1,139$920$739$460
20 years$1,611$1,303$1,045$833$660$399
21 years$1,518$1,213$962$756$591$346
22 years$1,434$1,133$886$687$529$300
23 years$1,357$1,059$818$626$475$261
24 years$1,287$993$757$571$427$227
25 years$1,222$932$701$521$384$198
26 years$1,163$875$650$477$346$173
27 years$1,107$824$604$436$312$150
28 years$1,056$776$561$400$282$131
29 years$1,009$732$522$367$254$115
30 years$965$692$486$337$230$100
31 years$924$654$453$309$208$87
32 years$885$619$423$284$188$76
33 years$849$586$395$261$170$67
34 years$815$555$369$240$154$58
35 years$783$527$345$221$139$51
36 years$753$500$323$204$126$45
37 years$724$475$302$188$115$39
38 years$698$451$283$173$104$34
39 years$672$429$265$160$94$30
40 years$648$408$248$147$85$26
41 years$625$389$233$136$77$23
42 years$603$370$219$125$70$20
43 years$583$353$205$116$64$18
44 years$563$336$193$107$58$15
45 years$544$321$181$99$53$13
46 years$527$306$170$91$48$12
47 years$510$292$159$84$43$10
48 years$493$279$150$78$39$9
49 years$478$266$141$72$36$8
50 years$463$254$132$66$32$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $474,000, adding $2,119 every year, while hoping to spend $35,925 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: 56/14/30 Blend
39$474,000$474,000$474,000$474,000
40$524,534$499,412$492,065$549,447
41$539,812$485,659$470,325$553,107
42$555,445$470,028$446,653$553,208
43$571,431$452,390$420,946$552,604
44$587,765$432,606$393,096$551,239
45$604,445$410,531$362,993$549,055
46$621,463$386,011$330,517$545,988
47$638,810$358,884$295,548$541,972
48$656,477$328,978$257,957$536,934
49$674,450$296,110$217,611$530,800
50$692,713$260,088$174,369$523,487
51$711,247$220,710$128,088$514,910
52$730,029$177,760$78,614$504,976
53$749,034$131,012$25,790$493,586
54$768,230$80,226$0$480,635
55$787,582$25,150$0$475,800
56$807,050$0$0$478,617
57$826,586$0$0$486,064
58$846,137$0$0$497,372
59$865,642$0$0$508,628
60$885,033$0$0$519,789
61$904,231$0$0$530,805
62$923,148$0$0$541,622
63$941,685$0$0$552,178
64$959,731$0$0$562,402
65$977,160$0$0$572,217
66$993,833$0$0$581,536
67$1,009,592$0$0$590,260
68$1,024,261$0$0$598,280
69$1,037,645$0$0$605,475
70$1,049,525$0$0$611,708
71$1,059,657$0$0$616,827
72$1,067,769$0$0$620,664
73$1,073,560$0$0$623,032
74$1,076,693$0$0$623,722
75$1,076,795$0$0$622,502
76$1,073,451$0$0$619,115
77$1,066,200$0$0$613,275
78$1,054,533$0$0$604,667
79$1,037,883$0$0$592,940
80$1,015,622$0$0$577,704
81$987,054$0$0$558,529
82$951,409$0$0$534,937
83$907,834$0$0$506,402
84$855,385$0$0$472,339
85$793,017$0$0$432,101
86$719,574$0$0$384,974
87$633,779$0$0$330,167
88$534,219$0$0$266,806
89$419,330$0$0$193,926
90$287,388$0$0$110,458
91$136,484$0$0$15,226
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0