Can I retire at age 40 with 478,000?

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 $478,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$39,473$39,121$38,778$38,443$38,116$37,500
2 years$19,541$19,177$18,824$18,482$18,151$17,532
3 years$12,898$12,532$12,181$11,842$11,516$10,913
4 years$9,577$9,213$8,864$8,531$8,213$7,631
5 years$7,585$7,223$6,879$6,553$6,243$5,684
6 years$6,257$5,898$5,559$5,240$4,940$4,405
7 years$5,310$4,953$4,620$4,308$4,018$3,506
8 years$4,599$4,246$3,918$3,614$3,333$2,844
9 years$4,047$3,697$3,375$3,079$2,807$2,341
10 years$3,605$3,258$2,942$2,654$2,392$1,949
11 years$3,244$2,901$2,590$2,310$2,057$1,636
12 years$2,943$2,604$2,299$2,026$1,782$1,384
13 years$2,689$2,353$2,054$1,788$1,554$1,177
14 years$2,471$2,139$1,845$1,588$1,363$1,005
15 years$2,283$1,954$1,666$1,416$1,200$862
16 years$2,118$1,793$1,510$1,268$1,060$742
17 years$1,972$1,651$1,374$1,139$940$640
18 years$1,843$1,525$1,255$1,027$836$554
19 years$1,728$1,414$1,149$928$745$480
20 years$1,625$1,314$1,054$840$665$417
21 years$1,531$1,224$970$762$596$362
22 years$1,446$1,142$894$693$534$316
23 years$1,368$1,068$825$631$479$275
24 years$1,298$1,001$763$576$431$240
25 years$1,232$939$707$526$388$209
26 years$1,172$883$656$481$349$183
27 years$1,117$831$609$440$315$160
28 years$1,065$783$566$403$284$140
29 years$1,018$739$527$370$256$122
30 years$973$698$491$339$232$107
31 years$931$659$457$312$209$94
32 years$893$624$427$286$190$82
33 years$856$591$398$263$172$72
34 years$822$560$372$242$155$63
35 years$790$531$348$223$141$55
36 years$759$504$326$205$127$49
37 years$731$479$305$189$115$43
38 years$703$455$285$174$105$37
39 years$678$433$267$161$95$33
40 years$654$412$251$148$86$29
41 years$630$392$235$137$78$25
42 years$609$373$220$126$71$22
43 years$588$356$207$117$64$19
44 years$568$339$194$108$58$17
45 years$549$323$182$99$53$15
46 years$531$308$171$92$48$13
47 years$514$294$161$85$44$12
48 years$497$281$151$78$40$10
49 years$482$268$142$72$36$9
50 years$467$256$134$67$33$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $478,000, adding $6,616 every year, while hoping to spend $44,015 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: 60/23/17 Blend
39$478,000$478,000$478,000$478,000
40$533,580$508,246$500,837$562,889
41$541,174$486,319$470,784$561,533
42$548,067$461,842$438,248$554,584
43$554,141$434,643$403,101$545,982
44$559,266$404,543$365,207$535,573
45$563,294$371,348$324,424$523,189
46$566,062$334,857$280,605$508,647
47$567,391$294,855$233,596$491,750
48$567,078$251,117$183,235$472,281
49$564,900$203,402$129,353$450,005
50$560,610$151,458$71,776$424,668
51$553,932$95,019$10,321$395,990
52$544,561$33,803$0$363,669
53$532,159$0$0$337,399
54$516,352$0$0$317,667
55$496,725$0$0$303,941
56$472,819$0$0$287,363
57$444,125$0$0$267,594
58$410,081$0$0$244,264
59$370,066$0$0$216,959
60$323,391$0$0$185,224
61$269,296$0$0$148,555
62$206,940$0$0$106,396
63$135,394$0$0$58,131
64$53,632$0$0$3,082
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
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