Can I retire at age 40 with 479,000?

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 $479,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$39,555$39,203$38,859$38,524$38,196$37,456
2 years$19,582$19,217$18,864$18,521$18,189$17,446
3 years$12,925$12,559$12,206$11,867$11,540$10,817
4 years$9,597$9,232$8,883$8,549$8,230$7,534
5 years$7,601$7,238$6,893$6,567$6,256$5,588
6 years$6,271$5,910$5,571$5,251$4,951$4,311
7 years$5,321$4,963$4,630$4,317$4,026$3,416
8 years$4,609$4,255$3,926$3,622$3,340$2,759
9 years$4,055$3,704$3,382$3,085$2,813$2,260
10 years$3,612$3,265$2,948$2,659$2,397$1,872
11 years$3,251$2,907$2,596$2,314$2,061$1,564
12 years$2,949$2,609$2,303$2,030$1,786$1,316
13 years$2,694$2,358$2,058$1,792$1,558$1,113
14 years$2,476$2,143$1,849$1,591$1,365$946
15 years$2,287$1,958$1,670$1,419$1,202$807
16 years$2,122$1,796$1,514$1,270$1,062$690
17 years$1,977$1,654$1,377$1,141$942$592
18 years$1,847$1,529$1,257$1,029$838$509
19 years$1,732$1,417$1,151$929$747$439
20 years$1,628$1,317$1,056$842$667$379
21 years$1,534$1,226$972$764$597$327
22 years$1,449$1,145$896$695$535$283
23 years$1,371$1,071$827$633$480$245
24 years$1,300$1,003$765$577$432$213
25 years$1,235$941$708$527$388$185
26 years$1,175$885$657$482$350$160
27 years$1,119$833$610$441$315$139
28 years$1,068$785$567$404$285$121
29 years$1,020$740$528$371$257$105
30 years$975$699$492$340$232$91
31 years$933$661$458$312$210$80
32 years$894$625$428$287$190$69
33 years$858$592$399$264$172$60
34 years$823$561$373$243$156$52
35 years$791$532$349$224$141$46
36 years$761$505$326$206$128$40
37 years$732$480$305$190$116$35
38 years$705$456$286$175$105$30
39 years$679$434$268$161$95$26
40 years$655$413$251$149$86$23
41 years$632$393$235$137$78$20
42 years$610$374$221$127$71$17
43 years$589$356$207$117$64$15
44 years$569$340$195$108$59$13
45 years$550$324$183$100$53$12
46 years$532$309$172$92$48$10
47 years$515$295$161$85$44$9
48 years$498$282$151$79$40$8
49 years$483$269$142$73$36$7
50 years$468$257$134$67$33$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $479,000, adding $2,292 every year, while hoping to spend $33,150 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: 80/12/8 Blend
39$479,000$479,000$479,000$479,000
40$530,222$504,835$497,411$571,905
41$549,034$494,301$478,803$589,018
42$568,653$482,139$458,460$603,201
43$589,127$468,236$436,290$617,772
44$610,507$452,468$412,195$632,750
45$632,849$434,709$386,074$648,161
46$656,212$414,822$357,820$664,032
47$680,660$392,664$327,321$680,392
48$706,264$368,081$294,463$697,274
49$733,099$340,913$259,124$714,714
50$761,247$310,990$221,177$732,754
51$790,798$278,132$180,489$751,438
52$821,847$242,148$136,924$770,816
53$854,502$202,839$90,337$790,945
54$888,874$159,992$40,577$811,885
55$925,090$113,382$0$833,707
56$963,285$62,774$0$857,554
57$1,003,607$7,916$0$886,210
58$1,046,216$0$0$916,314
59$1,091,290$0$0$954,783
60$1,139,019$0$0$996,631
61$1,189,613$0$0$1,040,998
62$1,243,302$0$0$1,088,086
63$1,300,337$0$0$1,138,115
64$1,360,991$0$0$1,191,327
65$1,425,564$0$0$1,247,987
66$1,494,385$0$0$1,308,382
67$1,567,813$0$0$1,372,831
68$1,646,243$0$0$1,441,680
69$1,730,105$0$0$1,515,309
70$1,819,874$0$0$1,594,135
71$1,916,068$0$0$1,678,616
72$2,019,256$0$0$1,769,254
73$2,130,064$0$0$1,866,598
74$2,249,177$0$0$1,971,253
75$2,377,347$0$0$2,083,882
76$2,515,402$0$0$2,205,213
77$2,664,249$0$0$2,336,047
78$2,824,884$0$0$2,477,262
79$2,998,404$0$0$2,629,823
80$3,186,013$0$0$2,794,791
81$3,389,034$0$0$2,973,333
82$3,608,921$0$0$3,166,731
83$3,847,275$0$0$3,376,394
84$4,105,852$0$0$3,603,872
85$4,386,589$0$0$3,850,871
86$4,691,612$0$0$4,119,264
87$5,023,262$0$0$4,411,115
88$5,384,113$0$0$4,728,694
89$5,776,997$0$0$5,074,495
90$6,205,033$0$0$5,451,268
91$6,671,649$0$0$5,862,036
92$7,180,622$0$0$6,310,127
93$7,736,107$0$0$6,799,203
94$8,342,678$0$0$7,333,296
95$9,005,371$0$0$7,916,845
96$9,729,727$0$0$8,554,735
97$10,521,851$0$0$9,252,347
98$11,388,462$0$0$10,015,604
99$12,336,958$0$0$10,851,028
100$13,375,488$0$0$11,765,801