Can I retire at age 40 with 381,000?

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 $381,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$31,463$31,182$30,909$30,642$30,381$29,304
2 years$15,576$15,285$15,004$14,732$14,467$13,393
3 years$10,281$9,989$9,709$9,439$9,179$8,141
4 years$7,634$7,343$7,066$6,800$6,546$5,554
5 years$6,046$5,757$5,483$5,223$4,976$4,032
6 years$4,988$4,701$4,431$4,177$3,938$3,042
7 years$4,232$3,948$3,682$3,434$3,202$2,355
8 years$3,666$3,384$3,123$2,881$2,657$1,856
9 years$3,225$2,947$2,690$2,454$2,237$1,484
10 years$2,873$2,597$2,345$2,115$1,906$1,198
11 years$2,586$2,312$2,064$1,841$1,639$975
12 years$2,346$2,075$1,832$1,615$1,421$798
13 years$2,143$1,875$1,637$1,426$1,239$657
14 years$1,970$1,705$1,471$1,265$1,086$543
15 years$1,819$1,557$1,328$1,129$956$450
16 years$1,688$1,429$1,204$1,010$845$374
17 years$1,572$1,316$1,096$908$749$311
18 years$1,469$1,216$1,000$818$666$260
19 years$1,377$1,127$916$739$594$217
20 years$1,295$1,047$840$670$530$181
21 years$1,220$975$773$608$475$152
22 years$1,153$910$712$553$425$127
23 years$1,091$852$658$503$382$107
24 years$1,034$798$608$459$343$90
25 years$982$749$563$419$309$75
26 years$934$704$522$383$278$63
27 years$890$662$485$351$251$53
28 years$849$624$451$321$226$45
29 years$811$589$420$295$204$38
30 years$776$556$391$270$185$32
31 years$742$526$364$248$167$27
32 years$711$497$340$228$151$22
33 years$682$471$318$210$137$19
34 years$655$446$297$193$124$16
35 years$629$423$277$178$112$13
36 years$605$402$259$164$102$11
37 years$582$382$243$151$92$9
38 years$561$363$227$139$83$8
39 years$540$345$213$128$76$7
40 years$521$328$200$118$69$6
41 years$503$312$187$109$62$5
42 years$485$297$176$101$57$4
43 years$468$283$165$93$51$3
44 years$453$270$155$86$47$3
45 years$438$258$145$79$42$2
46 years$423$246$136$73$38$2
47 years$410$235$128$68$35$2
48 years$396$224$120$63$32$1
49 years$384$214$113$58$29$1
50 years$372$204$106$53$26$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $381,000, adding $5,128 every year, while hoping to spend $21,423 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: 59/16/25 Blend
39$381,000$381,000$381,000$381,000
40$425,152$404,959$399,053$447,094
41$445,723$402,008$389,627$459,685
42$467,675$398,194$379,168$470,669
43$491,125$393,453$367,618$482,193
44$516,204$387,716$354,916$494,312
45$543,052$380,909$341,001$507,091
46$571,826$372,956$325,808$520,601
47$602,696$363,776$309,266$534,921
48$635,850$353,280$291,306$550,142
49$671,494$341,378$271,852$566,361
50$709,854$327,972$250,826$583,689
51$751,177$312,961$228,147$602,249
52$795,736$296,235$203,728$622,179
53$843,829$277,679$177,482$643,630
54$895,787$257,172$149,315$666,772
55$951,970$234,586$119,130$691,793
56$1,012,775$209,785$86,825$718,903
57$1,078,639$182,626$52,294$748,333
58$1,150,042$152,956$15,427$780,342
59$1,227,511$120,616$0$815,217
60$1,311,627$85,436$0$859,656
61$1,403,029$47,238$0$912,437
62$1,502,419$5,833$0$969,866
63$1,610,569$0$0$1,032,411
64$1,728,330$0$0$1,107,453
65$1,856,637$0$0$1,190,363
66$1,996,521$0$0$1,280,784
67$2,149,113$0$0$1,379,451
68$2,315,662$0$0$1,487,175
69$2,497,540$0$0$1,604,848
70$2,696,258$0$0$1,733,452
71$2,913,481$0$0$1,874,069
72$3,151,039$0$0$2,027,888
73$3,410,951$0$0$2,196,220
74$3,695,437$0$0$2,380,510
75$4,006,942$0$0$2,582,345
76$4,348,160$0$0$2,803,477
77$4,722,056$0$0$3,045,833
78$5,131,896$0$0$3,311,536
79$5,581,278$0$0$3,602,924
80$6,074,164$0$0$3,922,572
81$6,614,918$0$0$4,273,318
82$7,208,346$0$0$4,658,284
83$7,859,743$0$0$5,080,913
84$8,574,940$0$0$5,544,997
85$9,360,364$0$0$6,054,710
86$10,223,090$0$0$6,614,654
87$11,170,915$0$0$7,229,897
88$12,212,428$0$0$7,906,022
89$13,357,091$0$0$8,649,180
90$14,615,328$0$0$9,466,147
91$15,998,623$0$0$10,364,390
92$17,519,629$0$0$11,352,134
93$19,192,286$0$0$12,438,440
94$21,031,951$0$0$13,633,294
95$23,055,548$0$0$14,947,696
96$25,281,719$0$0$16,393,767
97$27,731,006$0$0$17,984,862
98$30,426,043$0$0$19,735,694
99$33,391,767$0$0$21,662,478
100$36,655,657$0$0$23,783,076