Can I retire at age 40 with 491,000?

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 $491,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$40,546$40,185$39,833$39,489$39,153$38,300
2 years$20,072$19,699$19,336$18,985$18,644$17,789
3 years$13,249$12,873$12,512$12,164$11,829$10,998
4 years$9,838$9,463$9,105$8,763$8,436$7,637
5 years$7,791$7,419$7,066$6,731$6,413$5,647
6 years$6,428$6,058$5,711$5,383$5,075$4,342
7 years$5,454$5,088$4,745$4,426$4,127$3,429
8 years$4,724$4,361$4,025$3,713$3,424$2,760
9 years$4,157$3,797$3,466$3,162$2,883$2,253
10 years$3,703$3,347$3,022$2,726$2,457$1,859
11 years$3,332$2,980$2,661$2,372$2,113$1,547
12 years$3,023$2,674$2,361$2,081$1,831$1,296
13 years$2,762$2,417$2,110$1,837$1,597$1,092
14 years$2,538$2,197$1,895$1,631$1,400$924
15 years$2,345$2,007$1,711$1,454$1,232$785
16 years$2,175$1,841$1,552$1,302$1,089$669
17 years$2,026$1,696$1,412$1,170$966$572
18 years$1,894$1,567$1,289$1,054$859$490
19 years$1,775$1,452$1,180$953$765$420
20 years$1,669$1,349$1,083$863$684$361
21 years$1,573$1,257$996$783$612$310
22 years$1,485$1,173$918$712$548$267
23 years$1,406$1,097$848$648$492$230
24 years$1,333$1,028$784$591$442$199
25 years$1,266$965$726$540$398$172
26 years$1,204$907$673$494$359$148
27 years$1,147$853$625$452$323$128
28 years$1,094$804$581$414$292$111
29 years$1,045$759$541$380$263$96
30 years$999$717$504$349$238$83
31 years$957$677$470$320$215$72
32 years$917$641$438$294$195$62
33 years$879$607$409$271$176$54
34 years$844$575$382$249$159$47
35 years$811$546$357$229$144$40
36 years$780$518$334$211$131$35
37 years$750$492$313$194$119$30
38 years$723$467$293$179$108$26
39 years$696$444$275$165$98$23
40 years$671$423$257$152$88$20
41 years$648$403$241$141$80$17
42 years$625$383$226$130$73$15
43 years$604$365$212$120$66$13
44 years$583$348$199$111$60$11
45 years$564$332$187$102$54$10
46 years$545$317$176$94$49$8
47 years$528$302$165$87$45$7
48 years$511$289$155$81$41$6
49 years$495$276$146$74$37$5
50 years$479$263$137$69$34$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $491,000, adding $5,183 every year, while hoping to spend $31,332 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: 64/31/5 Blend
39$491,000$491,000$491,000$491,000
40$546,428$520,405$512,795$580,675
41$568,827$512,568$496,636$596,266
42$592,460$503,297$478,887$609,089
43$617,421$492,488$459,459$622,263
44$643,810$480,032$438,263$635,821
45$671,739$465,814$415,205$649,798
46$701,327$449,710$390,185$664,234
47$732,707$431,590$363,101$679,174
48$766,023$411,318$333,845$694,671
49$801,433$388,748$302,304$710,782
50$839,108$363,726$268,361$727,574
51$879,238$336,089$231,892$745,119
52$922,030$305,667$192,769$763,502
53$967,709$272,277$150,859$782,816
54$1,016,524$235,727$106,021$803,167
55$1,068,746$195,814$58,110$824,672
56$1,124,674$152,325$6,973$847,465
57$1,184,634$105,033$0$871,695
58$1,248,986$53,698$0$900,068
59$1,318,122$0$0$930,792
60$1,392,475$0$0$964,373
61$1,472,519$0$0$1,020,269
62$1,558,775$0$0$1,080,528
63$1,651,814$0$0$1,145,553
64$1,752,266$0$0$1,215,788
65$1,860,822$0$0$1,291,718
66$1,978,239$0$0$1,373,879
67$2,105,353$0$0$1,462,857
68$2,243,080$0$0$1,559,301
69$2,392,429$0$0$1,663,919
70$2,554,510$0$0$1,777,493
71$2,730,541$0$0$1,900,884
72$2,921,865$0$0$2,035,036
73$3,129,958$0$0$2,180,990
74$3,356,443$0$0$2,339,891
75$3,603,107$0$0$2,512,997
76$3,871,917$0$0$2,701,694
77$4,165,035$0$0$2,907,509
78$4,484,845$0$0$3,132,119
79$4,833,967$0$0$3,377,373
80$5,215,287$0$0$3,645,304
81$5,631,982$0$0$3,938,153
82$6,087,549$0$0$4,258,385
83$6,585,838$0$0$4,608,715
84$7,131,090$0$0$4,992,132
85$7,727,972$0$0$5,411,926
86$8,381,626$0$0$5,871,724
87$9,097,713$0$0$6,375,516
88$9,882,467$0$0$6,927,699
89$10,742,755$0$0$7,533,113
90$11,686,140$0$0$8,197,092
91$12,720,949$0$0$8,925,508
92$13,856,358$0$0$9,724,830
93$15,102,472$0$0$10,602,184
94$16,470,421$0$0$11,565,419
95$17,972,468$0$0$12,623,181
96$19,622,118$0$0$13,784,994
97$21,434,251$0$0$15,061,351
98$23,425,258$0$0$16,463,811
99$25,613,196$0$0$18,005,107
100$28,017,958$0$0$19,699,268