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%14.8%
1 years$39,555$39,203$38,859$38,524$38,196$37,440
2 years$19,582$19,217$18,864$18,521$18,189$17,430
3 years$12,925$12,559$12,206$11,867$11,540$10,802
4 years$9,597$9,232$8,883$8,549$8,230$7,520
5 years$7,601$7,238$6,893$6,567$6,256$5,575
6 years$6,271$5,910$5,571$5,251$4,951$4,299
7 years$5,321$4,963$4,630$4,317$4,026$3,404
8 years$4,609$4,255$3,926$3,622$3,340$2,748
9 years$4,055$3,704$3,382$3,085$2,813$2,250
10 years$3,612$3,265$2,948$2,659$2,397$1,862
11 years$3,251$2,907$2,596$2,314$2,061$1,555
12 years$2,949$2,609$2,303$2,030$1,786$1,307
13 years$2,694$2,358$2,058$1,792$1,558$1,105
14 years$2,476$2,143$1,849$1,591$1,365$938
15 years$2,287$1,958$1,670$1,419$1,202$800
16 years$2,122$1,796$1,514$1,270$1,062$684
17 years$1,977$1,654$1,377$1,141$942$587
18 years$1,847$1,529$1,257$1,029$838$504
19 years$1,732$1,417$1,151$929$747$434
20 years$1,628$1,317$1,056$842$667$374
21 years$1,534$1,226$972$764$597$323
22 years$1,449$1,145$896$695$535$279
23 years$1,371$1,071$827$633$480$242
24 years$1,300$1,003$765$577$432$209
25 years$1,235$941$708$527$388$182
26 years$1,175$885$657$482$350$158
27 years$1,119$833$610$441$315$137
28 years$1,068$785$567$404$285$119
29 years$1,020$740$528$371$257$103
30 years$975$699$492$340$232$90
31 years$933$661$458$312$210$78
32 years$894$625$428$287$190$68
33 years$858$592$399$264$172$59
34 years$823$561$373$243$156$51
35 years$791$532$349$224$141$45
36 years$761$505$326$206$128$39
37 years$732$480$305$190$116$34
38 years$705$456$286$175$105$29
39 years$679$434$268$161$95$26
40 years$655$413$251$149$86$22
41 years$632$393$235$137$78$19
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$11
46 years$532$309$172$92$48$10
47 years$515$295$161$85$44$8
48 years$498$282$151$79$40$7
49 years$483$269$142$73$36$6
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 $4,599 every year, while hoping to spend $23,502 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: 31/49/20 Blend
39$479,000$479,000$479,000$479,000
40$532,602$507,215$499,790$545,672
41$561,921$507,062$491,527$555,756
42$593,444$506,115$482,200$564,159
43$627,369$504,308$471,747$572,710
44$663,916$501,575$460,107$581,436
45$703,327$497,844$447,212$590,370
46$745,866$493,038$432,993$599,549
47$791,824$487,076$417,378$609,014
48$841,521$479,874$400,291$618,817
49$895,308$471,340$381,653$629,014
50$953,572$461,378$361,381$639,670
51$1,016,738$449,887$339,389$650,862
52$1,085,273$436,759$315,586$662,673
53$1,159,690$421,880$289,877$675,203
54$1,240,555$405,129$262,165$688,561
55$1,328,490$386,378$232,345$702,872
56$1,424,177$365,492$200,310$718,280
57$1,528,371$342,329$165,948$734,944
58$1,641,899$316,736$129,141$753,045
59$1,765,671$288,556$89,767$772,788
60$1,900,693$257,618$47,697$794,401
61$2,048,066$223,744$2,797$818,143
62$2,209,007$186,745$0$844,303
63$2,384,852$146,423$0$882,834
64$2,577,076$102,566$0$925,733
65$2,787,299$54,953$0$972,844
66$3,017,307$3,349$0$1,024,655
67$3,269,065$0$0$1,081,710
68$3,544,739$0$0$1,172,918
69$3,846,711$0$0$1,274,880
70$4,177,607$0$0$1,386,685
71$4,540,318$0$0$1,509,319
72$4,938,029$0$0$1,643,870
73$5,374,246$0$0$1,791,534
74$5,852,832$0$0$1,953,630
75$6,378,042$0$0$2,131,609
76$6,954,563$0$0$2,327,071
77$7,587,556$0$0$2,541,779
78$8,282,708$0$0$2,777,673
79$9,046,285$0$0$3,036,892
80$9,885,187$0$0$3,321,793
81$10,807,017$0$0$3,634,970
82$11,820,149$0$0$3,979,283
83$12,933,812$0$0$4,357,883
84$14,158,171$0$0$4,774,241
85$15,504,426$0$0$5,232,180
86$16,984,915$0$0$5,735,915
87$18,613,234$0$0$6,290,088
88$20,404,361$0$0$6,899,813
89$22,374,799$0$0$7,570,726
90$24,542,731$0$0$8,309,037
91$26,928,192$0$0$9,121,587
92$29,553,256$0$0$10,015,917
93$32,442,246$0$0$11,000,331
94$35,621,962$0$0$12,083,984
95$39,121,932$0$0$13,276,961
96$42,974,696$0$0$14,590,374
97$47,216,104$0$0$16,036,469
98$51,885,663$0$0$17,628,738
99$57,026,902$0$0$19,382,051
100$62,687,789$0$0$21,312,789