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%14.7%
1 years$36,335$36,011$35,695$35,387$35,086$34,406
2 years$17,988$17,653$17,328$17,013$16,708$16,025
3 years$11,873$11,536$11,212$10,900$10,600$9,936
4 years$8,816$8,480$8,160$7,853$7,560$6,920
5 years$6,982$6,649$6,332$6,032$5,747$5,133
6 years$5,760$5,429$5,117$4,824$4,547$3,960
7 years$4,887$4,559$4,253$3,966$3,698$3,138
8 years$4,233$3,908$3,607$3,327$3,068$2,534
9 years$3,725$3,403$3,106$2,834$2,584$2,076
10 years$3,318$2,999$2,708$2,443$2,201$1,720
11 years$2,986$2,670$2,384$2,126$1,893$1,437
12 years$2,709$2,397$2,116$1,865$1,641$1,208
13 years$2,475$2,166$1,890$1,646$1,431$1,022
14 years$2,275$1,969$1,699$1,461$1,254$869
15 years$2,101$1,798$1,534$1,303$1,104$741
16 years$1,949$1,650$1,390$1,167$976$634
17 years$1,816$1,520$1,265$1,049$865$544
18 years$1,697$1,404$1,155$945$769$468
19 years$1,591$1,301$1,057$854$686$403
20 years$1,495$1,209$970$773$613$348
21 years$1,409$1,126$893$702$548$301
22 years$1,331$1,051$823$638$491$260
23 years$1,260$983$760$581$441$225
24 years$1,194$921$702$530$396$195
25 years$1,134$865$651$484$357$170
26 years$1,079$813$603$443$321$147
27 years$1,028$765$560$405$290$128
28 years$981$721$521$371$261$111
29 years$937$680$485$340$236$97
30 years$896$642$452$312$213$84
31 years$857$607$421$287$193$73
32 years$822$574$393$264$174$64
33 years$788$544$367$242$158$55
34 years$756$515$343$223$143$48
35 years$727$489$320$205$129$42
36 years$699$464$300$189$117$37
37 years$672$441$280$174$106$32
38 years$648$419$263$161$96$28
39 years$624$398$246$148$87$24
40 years$602$379$231$137$79$21
41 years$580$361$216$126$72$18
42 years$560$344$203$116$65$16
43 years$541$327$190$107$59$14
44 years$523$312$179$99$54$12
45 years$505$298$168$92$49$11
46 years$489$284$158$85$44$9
47 years$473$271$148$78$40$8
48 years$458$259$139$72$37$7
49 years$443$247$131$67$33$6
50 years$430$236$123$62$30$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $440,000, adding $3,402 every year, while hoping to spend $23,750 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: 49/34/17 Blend
40$440,000$440,000$440,000$440,000
41$488,389$465,069$458,249$509,850
42$512,935$462,588$448,331$522,559
43$539,189$459,189$437,284$533,639
44$567,299$454,802$425,046$545,163
45$597,430$449,354$411,551$557,180
46$629,760$442,764$396,731$569,747
47$664,487$434,951$380,513$582,928
48$701,827$425,826$362,822$596,795
49$742,016$415,294$343,579$611,429
50$785,316$403,258$322,703$626,921
51$832,012$389,612$300,108$643,372
52$882,419$374,244$275,703$660,899
53$936,882$357,038$249,396$679,627
54$995,780$337,870$221,087$699,702
55$1,059,531$316,607$190,675$721,283
56$1,128,594$293,111$158,053$744,550
57$1,203,472$267,235$123,109$769,703
58$1,284,720$238,824$85,728$796,967
59$1,372,949$207,713$45,786$826,589
60$1,468,827$173,729$3,158$858,849
61$1,573,095$136,689$0$894,056
62$1,686,562$96,398$0$940,235
63$1,810,124$52,654$0$991,200
64$1,944,761$5,239$0$1,046,833
65$2,091,557$0$0$1,107,636
66$2,251,702$0$0$1,191,404
67$2,426,506$0$0$1,285,024
68$2,617,412$0$0$1,387,314
69$2,826,007$0$0$1,499,131
70$3,054,039$0$0$1,621,418
71$3,303,434$0$0$1,755,213
72$3,576,311$0$0$1,901,661
73$3,875,003$0$0$2,062,020
74$4,202,079$0$0$2,237,677
75$4,560,370$0$0$2,430,159
76$4,952,991$0$0$2,641,148
77$5,383,375$0$0$2,872,496
78$5,855,301$0$0$3,126,242
79$6,372,933$0$0$3,404,634
80$6,940,855$0$0$3,710,147
81$7,564,119$0$0$4,045,507
82$8,248,287$0$0$4,413,717
83$8,999,488$0$0$4,818,085
84$9,824,473$0$0$5,262,254
85$10,730,678$0$0$5,750,240
86$11,726,295$0$0$6,286,464
87$12,820,350$0$0$6,875,798
88$14,022,784$0$0$7,523,610
89$15,344,552$0$0$8,235,813
90$16,797,720$0$0$9,018,921
91$18,395,584$0$0$9,880,114
92$20,152,792$0$0$10,827,297
93$22,085,482$0$0$11,869,185
94$24,211,435$0$0$13,015,376
95$26,550,243$0$0$14,276,448
96$29,123,490$0$0$15,664,055
97$31,954,959$0$0$17,191,038
98$35,070,856$0$0$18,871,544
99$38,500,054$0$0$20,721,162
100$42,274,367$0$0$22,757,071