Can I retire at age 41 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$36,335$36,011$35,695$35,387$35,086$34,605
2 years$17,988$17,653$17,328$17,013$16,708$16,224
3 years$11,873$11,536$11,212$10,900$10,600$10,128
4 years$8,816$8,480$8,160$7,853$7,560$7,104
5 years$6,982$6,649$6,332$6,032$5,747$5,308
6 years$5,760$5,429$5,117$4,824$4,547$4,126
7 years$4,887$4,559$4,253$3,966$3,698$3,295
8 years$4,233$3,908$3,607$3,327$3,068$2,683
9 years$3,725$3,403$3,106$2,834$2,584$2,216
10 years$3,318$2,999$2,708$2,443$2,201$1,852
11 years$2,986$2,670$2,384$2,126$1,893$1,560
12 years$2,709$2,397$2,116$1,865$1,641$1,325
13 years$2,475$2,166$1,890$1,646$1,431$1,131
14 years$2,275$1,969$1,699$1,461$1,254$970
15 years$2,101$1,798$1,534$1,303$1,104$836
16 years$1,949$1,650$1,390$1,167$976$722
17 years$1,816$1,520$1,265$1,049$865$626
18 years$1,697$1,404$1,155$945$769$544
19 years$1,591$1,301$1,057$854$686$473
20 years$1,495$1,209$970$773$613$413
21 years$1,409$1,126$893$702$548$361
22 years$1,331$1,051$823$638$491$315
23 years$1,260$983$760$581$441$276
24 years$1,194$921$702$530$396$242
25 years$1,134$865$651$484$357$212
26 years$1,079$813$603$443$321$186
27 years$1,028$765$560$405$290$164
28 years$981$721$521$371$261$144
29 years$937$680$485$340$236$127
30 years$896$642$452$312$213$111
31 years$857$607$421$287$193$98
32 years$822$574$393$264$174$86
33 years$788$544$367$242$158$76
34 years$756$515$343$223$143$67
35 years$727$489$320$205$129$59
36 years$699$464$300$189$117$52
37 years$672$441$280$174$106$46
38 years$648$419$263$161$96$40
39 years$624$398$246$148$87$36
40 years$602$379$231$137$79$31
41 years$580$361$216$126$72$28
42 years$560$344$203$116$65$24
43 years$541$327$190$107$59$22
44 years$523$312$179$99$54$19
45 years$505$298$168$92$49$17
46 years$489$284$158$85$44$15
47 years$473$271$148$78$40$13
48 years$458$259$139$72$37$12
49 years$443$247$131$67$33$10
50 years$430$236$123$62$30$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $440,000, adding $4,812 every year, while hoping to spend $27,617 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: 81/14/5 Blend
40$440,000$440,000$440,000$440,000
41$489,844$466,524$459,704$529,061
42$510,423$459,999$445,719$548,881
43$532,177$452,229$430,341$566,447
44$555,194$443,124$413,493$584,872
45$579,574$432,587$395,095$604,226
46$605,426$420,519$375,066$624,586
47$632,866$406,811$353,317$646,038
48$662,024$391,351$329,759$668,676
49$693,042$374,018$304,297$692,604
50$726,073$354,686$276,832$717,934
51$761,287$333,220$247,261$744,795
52$798,869$309,479$215,475$773,324
53$839,023$283,312$181,363$803,675
54$881,970$254,562$144,805$836,018
55$927,955$223,059$105,680$870,540
56$977,246$188,628$63,859$907,446
57$1,030,135$151,081$19,209$946,964
58$1,086,944$110,220$0$989,347
59$1,148,029$65,836$0$1,036,387
60$1,213,775$17,710$0$1,088,068
61$1,284,610$0$0$1,143,709
62$1,361,002$0$0$1,208,990
63$1,443,464$0$0$1,282,413
64$1,532,562$0$0$1,361,753
65$1,628,917$0$0$1,447,565
66$1,733,212$0$0$1,540,457
67$1,846,196$0$0$1,641,100
68$1,968,694$0$0$1,750,229
69$2,101,614$0$0$1,868,653
70$2,245,954$0$0$1,997,264
71$2,402,810$0$0$2,137,040
72$2,573,391$0$0$2,289,060
73$2,759,024$0$0$2,454,507
74$2,961,170$0$0$2,634,687
75$3,181,438$0$0$2,831,035
76$3,421,598$0$0$3,045,130
77$3,683,597$0$0$3,278,710
78$3,969,580$0$0$3,533,690
79$4,281,906$0$0$3,812,174
80$4,623,173$0$0$4,116,483
81$4,996,241$0$0$4,449,168
82$5,404,260$0$0$4,813,041
83$5,850,696$0$0$5,211,195
84$6,339,368$0$0$5,647,039
85$6,874,479$0$0$6,124,325
86$7,460,660$0$0$6,647,183
87$8,103,007$0$0$7,220,167
88$8,807,137$0$0$7,848,286
89$9,579,233$0$0$8,537,060
90$10,426,107$0$0$9,292,569
91$11,355,260$0$0$10,121,510
92$12,374,956$0$0$11,031,257
93$13,494,297$0$0$12,029,934
94$14,723,309$0$0$13,126,492
95$16,073,037$0$0$14,330,788
96$17,555,648$0$0$15,653,682
97$19,184,545$0$0$17,107,137
98$20,974,494$0$0$18,704,334
99$22,941,760$0$0$20,459,791
100$25,104,266$0$0$22,389,504