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%17.1%
1 years$39,473$39,121$38,778$38,443$38,116$37,015
2 years$19,541$19,177$18,824$18,482$18,151$17,050
3 years$12,898$12,532$12,181$11,842$11,516$10,450
4 years$9,577$9,213$8,864$8,531$8,213$7,190
5 years$7,585$7,223$6,879$6,553$6,243$5,267
6 years$6,257$5,898$5,559$5,240$4,940$4,010
7 years$5,310$4,953$4,620$4,308$4,018$3,135
8 years$4,599$4,246$3,918$3,614$3,333$2,496
9 years$4,047$3,697$3,375$3,079$2,807$2,016
10 years$3,605$3,258$2,942$2,654$2,392$1,645
11 years$3,244$2,901$2,590$2,310$2,057$1,353
12 years$2,943$2,604$2,299$2,026$1,782$1,121
13 years$2,689$2,353$2,054$1,788$1,554$933
14 years$2,471$2,139$1,845$1,588$1,363$780
15 years$2,283$1,954$1,666$1,416$1,200$654
16 years$2,118$1,793$1,510$1,268$1,060$550
17 years$1,972$1,651$1,374$1,139$940$464
18 years$1,843$1,525$1,255$1,027$836$392
19 years$1,728$1,414$1,149$928$745$332
20 years$1,625$1,314$1,054$840$665$281
21 years$1,531$1,224$970$762$596$239
22 years$1,446$1,142$894$693$534$203
23 years$1,368$1,068$825$631$479$172
24 years$1,298$1,001$763$576$431$147
25 years$1,232$939$707$526$388$125
26 years$1,172$883$656$481$349$106
27 years$1,117$831$609$440$315$90
28 years$1,065$783$566$403$284$77
29 years$1,018$739$527$370$256$66
30 years$973$698$491$339$232$56
31 years$931$659$457$312$209$48
32 years$893$624$427$286$190$41
33 years$856$591$398$263$172$35
34 years$822$560$372$242$155$30
35 years$790$531$348$223$141$25
36 years$759$504$326$205$127$22
37 years$731$479$305$189$115$18
38 years$703$455$285$174$105$16
39 years$678$433$267$161$95$13
40 years$654$412$251$148$86$11
41 years$630$392$235$137$78$10
42 years$609$373$220$126$71$8
43 years$588$356$207$117$64$7
44 years$568$339$194$108$58$6
45 years$549$323$182$99$53$5
46 years$531$308$171$92$48$4
47 years$514$294$161$85$44$4
48 years$497$281$151$78$40$3
49 years$482$268$142$72$36$3
50 years$467$256$134$67$33$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $478,000, adding $6,629 every year, while hoping to spend $20,914 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: 71/20/9 Blend
39$478,000$478,000$478,000$478,000
40$533,594$508,260$500,851$570,131
41$565,768$510,912$495,377$597,832
42$600,523$512,994$489,019$624,930
43$638,100$514,454$481,725$654,020
44$678,764$515,240$473,440$685,295
45$722,807$515,295$464,109$718,964
46$770,548$514,560$453,672$755,260
47$822,341$512,970$442,066$794,440
48$878,572$510,458$429,228$836,787
49$939,667$506,952$415,088$882,613
50$1,006,096$502,375$399,577$932,262
51$1,078,374$496,648$382,619$986,114
52$1,157,069$489,684$364,137$1,044,588
53$1,242,805$481,393$344,050$1,108,145
54$1,336,268$471,679$322,274$1,177,296
55$1,438,216$460,440$298,718$1,252,603
56$1,549,481$447,568$273,292$1,334,685
57$1,670,978$432,949$245,898$1,424,227
58$1,803,717$416,463$216,434$1,521,983
59$1,948,808$397,981$184,796$1,628,786
60$2,107,473$377,368$150,873$1,745,553
61$2,281,058$354,482$114,550$1,873,297
62$2,471,045$329,171$75,707$2,013,135
63$2,679,067$301,276$34,219$2,166,298
64$2,906,920$270,627$0$2,334,146
65$3,156,583$237,045$0$2,519,142
66$3,430,237$200,343$0$2,725,542
67$3,730,282$160,320$0$2,951,894
68$4,059,361$116,766$0$3,200,222
69$4,420,386$69,458$0$3,472,759
70$4,816,566$18,162$0$3,771,963
71$5,251,434$0$0$4,100,547
72$5,728,880$0$0$4,469,727
73$6,253,193$0$0$4,879,561
74$6,829,094$0$0$5,329,746
75$7,461,787$0$0$5,824,353
76$8,157,002$0$0$6,367,866
77$8,921,054$0$0$6,965,224
78$9,760,899$0$0$7,621,869
79$10,684,199$0$0$8,343,798
80$11,699,398$0$0$9,137,614
81$12,815,798$0$0$10,010,596
82$14,043,647$0$0$10,970,763
83$15,394,237$0$0$12,026,947
84$16,880,008$0$0$13,188,884
85$18,514,669$0$0$14,467,296
86$20,313,320$0$0$15,874,000
87$22,292,604$0$0$17,422,015
88$24,470,856$0$0$19,125,688
89$26,868,279$0$0$21,000,824
90$29,507,132$0$0$23,064,840
91$32,411,945$0$0$25,336,926
92$35,609,743$0$0$27,838,229
93$39,130,309$0$0$30,592,048
94$43,006,455$0$0$33,624,057
95$47,274,342$0$0$36,962,548
96$51,973,811$0$0$40,638,693
97$57,148,767$0$0$44,686,842
98$62,847,588$0$0$49,144,848
99$69,123,583$0$0$54,054,418
100$76,035,494$0$0$59,461,514