Can I retire at age 41 with 400,000?

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 $400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$33,032$32,737$32,450$32,170$31,897$30,888
2 years$16,352$16,048$15,753$15,466$15,189$14,182
3 years$10,793$10,487$10,193$9,909$9,636$8,663
4 years$8,014$7,709$7,418$7,139$6,873$5,940
5 years$6,347$6,044$5,757$5,484$5,225$4,335
6 years$5,236$4,936$4,652$4,385$4,134$3,288
7 years$4,443$4,145$3,866$3,605$3,362$2,560
8 years$3,849$3,553$3,279$3,024$2,789$2,030
9 years$3,386$3,093$2,824$2,576$2,349$1,632
10 years$3,017$2,727$2,462$2,221$2,001$1,326
11 years$2,714$2,427$2,167$1,933$1,721$1,086
12 years$2,463$2,179$1,924$1,695$1,492$895
13 years$2,250$1,969$1,719$1,497$1,301$742
14 years$2,068$1,790$1,544$1,329$1,140$617
15 years$1,910$1,635$1,394$1,185$1,004$515
16 years$1,772$1,500$1,264$1,061$887$431
17 years$1,651$1,381$1,150$953$787$362
18 years$1,543$1,277$1,050$859$699$304
19 years$1,446$1,183$961$776$623$256
20 years$1,359$1,099$882$703$557$216
21 years$1,281$1,024$811$638$498$182
22 years$1,210$956$748$580$447$154
23 years$1,145$894$690$528$401$130
24 years$1,086$838$639$482$360$110
25 years$1,031$786$591$440$324$93
26 years$981$739$549$402$292$79
27 years$935$695$509$368$263$67
28 years$892$655$474$337$238$57
29 years$852$618$441$309$215$48
30 years$814$584$410$284$194$41
31 years$779$552$383$261$175$34
32 years$747$522$357$240$159$29
33 years$716$494$333$220$144$25
34 years$688$469$311$203$130$21
35 years$661$444$291$187$118$18
36 years$635$422$272$172$107$15
37 years$611$401$255$158$97$13
38 years$589$381$239$146$88$11
39 years$567$362$224$135$79$9
40 years$547$345$210$124$72$8
41 years$528$328$197$115$65$7
42 years$509$312$184$106$59$6
43 years$492$298$173$98$54$5
44 years$475$284$162$90$49$4
45 years$459$270$153$83$44$3
46 years$444$258$143$77$40$3
47 years$430$246$135$71$37$2
48 years$416$235$126$66$33$2
49 years$403$224$119$61$30$2
50 years$391$214$112$56$27$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $400,000, adding $2,235 every year, while hoping to spend $24,363 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: 45/47/8 Blend
40$400,000$400,000$400,000$400,000
41$443,105$421,905$415,705$461,953
42$462,380$416,657$403,709$469,954
43$482,804$410,334$390,495$475,931
44$504,469$402,860$375,996$481,851
45$527,476$394,150$360,142$487,717
46$551,932$384,118$342,861$493,534
47$577,959$372,669$324,077$499,310
48$605,687$359,707$303,710$505,053
49$635,260$345,125$281,677$510,778
50$666,835$328,814$257,891$516,500
51$700,584$310,658$232,262$522,241
52$736,696$290,532$204,695$528,024
53$775,378$268,307$175,091$533,881
54$816,856$243,845$143,347$539,847
55$861,381$216,999$109,355$545,965
56$909,226$187,615$73,002$552,286
57$960,690$155,531$34,170$558,869
58$1,016,103$120,575$0$565,781
59$1,075,827$82,565$0$573,723
60$1,140,260$41,309$0$585,320
61$1,209,837$0$0$597,767
62$1,285,040$0$0$612,953
63$1,366,395$0$0$652,532
64$1,454,482$0$0$695,425
65$1,549,939$0$0$741,947
66$1,653,465$0$0$792,446
67$1,765,833$0$0$847,303
68$1,887,889$0$0$906,937
69$2,020,566$0$0$971,809
70$2,164,889$0$0$1,042,428
71$2,321,987$0$0$1,119,352
72$2,493,103$0$0$1,203,197
73$2,679,602$0$0$1,294,638
74$2,882,988$0$0$1,394,420
75$3,104,916$0$0$1,503,364
76$3,347,209$0$0$1,622,371
77$3,611,872$0$0$1,752,436
78$3,901,112$0$0$1,894,652
79$4,217,362$0$0$2,050,223
80$4,563,296$0$0$2,220,475
81$4,941,862$0$0$2,406,868
82$5,356,306$0$0$2,611,011
83$5,810,199$0$0$2,834,673
84$6,307,476$0$0$3,079,805
85$6,852,473$0$0$3,348,555
86$7,449,960$0$0$3,643,287
87$8,105,195$0$0$3,966,607
88$8,823,967$0$0$4,321,384
89$9,612,653$0$0$4,710,779
90$10,478,278$0$0$5,138,274
91$11,428,578$0$0$5,607,704
92$12,472,076$0$0$6,123,293
93$13,618,161$0$0$6,689,696
94$14,877,176$0$0$7,312,039
95$16,260,514$0$0$7,995,972
96$17,780,727$0$0$8,747,716
97$19,451,644$0$0$9,574,126
98$21,288,498$0$0$10,482,756
99$23,308,075$0$0$11,481,927
100$25,528,865$0$0$12,580,805