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%15.4%
1 years$39,555$39,203$38,859$38,524$38,196$37,349
2 years$19,582$19,217$18,864$18,521$18,189$17,339
3 years$12,925$12,559$12,206$11,867$11,540$10,715
4 years$9,597$9,232$8,883$8,549$8,230$7,436
5 years$7,601$7,238$6,893$6,567$6,256$5,496
6 years$6,271$5,910$5,571$5,251$4,951$4,224
7 years$5,321$4,963$4,630$4,317$4,026$3,333
8 years$4,609$4,255$3,926$3,622$3,340$2,681
9 years$4,055$3,704$3,382$3,085$2,813$2,187
10 years$3,612$3,265$2,948$2,659$2,397$1,804
11 years$3,251$2,907$2,596$2,314$2,061$1,500
12 years$2,949$2,609$2,303$2,030$1,786$1,256
13 years$2,694$2,358$2,058$1,792$1,558$1,058
14 years$2,476$2,143$1,849$1,591$1,365$895
15 years$2,287$1,958$1,670$1,419$1,202$760
16 years$2,122$1,796$1,514$1,270$1,062$647
17 years$1,977$1,654$1,377$1,141$942$552
18 years$1,847$1,529$1,257$1,029$838$472
19 years$1,732$1,417$1,151$929$747$405
20 years$1,628$1,317$1,056$842$667$348
21 years$1,534$1,226$972$764$597$299
22 years$1,449$1,145$896$695$535$257
23 years$1,371$1,071$827$633$480$222
24 years$1,300$1,003$765$577$432$191
25 years$1,235$941$708$527$388$165
26 years$1,175$885$657$482$350$142
27 years$1,119$833$610$441$315$123
28 years$1,068$785$567$404$285$106
29 years$1,020$740$528$371$257$92
30 years$975$699$492$340$232$79
31 years$933$661$458$312$210$69
32 years$894$625$428$287$190$59
33 years$858$592$399$264$172$51
34 years$823$561$373$243$156$44
35 years$791$532$349$224$141$39
36 years$761$505$326$206$128$33
37 years$732$480$305$190$116$29
38 years$705$456$286$175$105$25
39 years$679$434$268$161$95$22
40 years$655$413$251$149$86$19
41 years$632$393$235$137$78$16
42 years$610$374$221$127$71$14
43 years$589$356$207$117$64$12
44 years$569$340$195$108$59$11
45 years$550$324$183$100$53$9
46 years$532$309$172$92$48$8
47 years$515$295$161$85$44$7
48 years$498$282$151$79$40$6
49 years$483$269$142$73$36$5
50 years$468$257$134$67$33$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $479,000, adding $3,218 every year, while hoping to spend $27,566 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$479,000$479,000$479,000$479,000
40$531,177$505,790$498,366$567,791
41$556,027$501,244$485,731$587,888
42$582,488$495,551$471,749$606,176
43$610,695$488,626$456,346$625,441
44$640,796$480,379$439,444$645,774
45$672,954$470,714$420,961$667,274
46$707,345$459,529$400,813$690,051
47$744,165$446,717$378,912$714,227
48$783,629$432,165$355,164$739,937
49$825,969$415,751$329,472$767,329
50$871,445$397,350$301,736$796,571
51$920,337$376,825$271,850$827,843
52$972,957$354,034$239,702$861,350
53$1,029,644$328,828$205,178$897,314
54$1,090,773$301,046$168,156$935,985
55$1,156,755$270,520$128,512$977,636
56$1,228,040$237,071$86,114$1,022,571
57$1,305,126$200,513$40,824$1,071,127
58$1,388,556$160,646$0$1,123,675
59$1,478,931$117,260$0$1,181,348
60$1,576,910$70,133$0$1,248,108
61$1,683,217$19,032$0$1,320,551
62$1,798,649$0$0$1,399,248
63$1,924,084$0$0$1,492,816
64$2,060,485$0$0$1,599,141
65$2,208,913$0$0$1,714,864
66$2,370,537$0$0$1,840,899
67$2,546,640$0$0$1,978,248
68$2,738,636$0$0$2,128,020
69$2,948,081$0$0$2,291,429
70$3,176,687$0$0$2,469,817
71$3,426,341$0$0$2,664,657
72$3,699,117$0$0$2,877,572
73$3,997,299$0$0$3,110,350
74$4,323,403$0$0$3,364,958
75$4,680,199$0$0$3,643,563
76$5,070,737$0$0$3,948,551
77$5,498,373$0$0$4,282,547
78$5,966,807$0$0$4,648,445
79$6,480,110$0$0$5,049,430
80$7,042,768$0$0$5,489,012
81$7,659,720$0$0$5,971,054
82$8,336,407$0$0$6,499,812
83$9,078,821$0$0$7,079,974
84$9,893,562$0$0$7,716,705
85$10,787,901$0$0$8,415,691
86$11,769,847$0$0$9,183,197
87$12,848,220$0$0$10,026,127
88$14,032,740$0$0$10,952,081
89$15,334,111$0$0$11,969,437
90$16,764,129$0$0$13,087,421
91$18,335,786$0$0$14,316,197
92$20,063,395$0$0$15,666,966
93$21,962,728$0$0$17,152,064
94$24,051,158$0$0$18,785,085
95$26,347,827$0$0$20,581,004
96$28,873,824$0$0$22,556,323
97$31,652,387$0$0$24,729,219
98$34,709,117$0$0$27,119,724
99$38,072,221$0$0$29,749,906
100$41,772,779$0$0$32,644,082