Can I retire at age 40 with 383,000?

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 $383,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$31,628$31,346$31,071$30,803$30,541$30,336
2 years$15,657$15,366$15,083$14,809$14,543$14,336
3 years$10,335$10,042$9,760$9,488$9,227$9,025
4 years$7,674$7,382$7,103$6,836$6,581$6,385
5 years$6,078$5,787$5,512$5,251$5,003$4,813
6 years$5,014$4,726$4,454$4,199$3,958$3,776
7 years$4,254$3,969$3,702$3,452$3,219$3,044
8 years$3,685$3,402$3,139$2,896$2,671$2,503
9 years$3,242$2,962$2,704$2,467$2,249$2,088
10 years$2,888$2,611$2,357$2,126$1,916$1,762
11 years$2,599$2,324$2,075$1,851$1,648$1,501
12 years$2,358$2,086$1,842$1,623$1,428$1,288
13 years$2,154$1,885$1,646$1,433$1,245$1,112
14 years$1,980$1,714$1,479$1,272$1,092$965
15 years$1,829$1,565$1,335$1,134$961$840
16 years$1,697$1,436$1,210$1,016$850$735
17 years$1,580$1,323$1,101$913$753$644
18 years$1,477$1,222$1,005$823$670$567
19 years$1,385$1,133$920$743$597$499
20 years$1,302$1,053$845$673$533$441
21 years$1,227$981$777$611$477$390
22 years$1,159$915$716$555$428$346
23 years$1,096$856$661$506$384$306
24 years$1,040$802$611$461$345$272
25 years$987$753$566$421$311$242
26 years$939$707$525$385$280$215
27 years$895$666$488$353$252$192
28 years$854$627$453$323$228$171
29 years$815$592$422$296$205$152
30 years$780$559$393$272$186$136
31 years$746$528$366$250$168$121
32 years$715$500$342$230$152$108
33 years$686$473$319$211$137$97
34 years$658$449$298$194$124$86
35 years$633$426$279$179$113$77
36 years$608$404$261$165$102$69
37 years$585$384$244$152$93$62
38 years$564$365$229$140$84$55
39 years$543$347$214$129$76$49
40 years$524$330$201$119$69$44
41 years$505$314$188$110$63$40
42 years$488$299$177$101$57$35
43 years$471$285$166$93$52$32
44 years$455$272$156$86$47$28
45 years$440$259$146$80$42$25
46 years$426$247$137$74$39$23
47 years$412$236$129$68$35$20
48 years$399$225$121$63$32$18
49 years$386$215$114$58$29$16
50 years$374$205$107$54$26$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $383,000, adding $2,158 every year, while hoping to spend $26,913 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: 46/44/10 Blend
39$383,000$383,000$383,000$383,000
40$424,292$403,993$398,056$442,528
41$438,935$395,153$382,756$446,506
42$454,169$384,979$366,041$447,870
43$470,026$373,375$347,836$448,738
44$486,541$360,243$328,061$449,074
45$503,751$345,478$306,634$448,839
46$521,695$328,967$283,468$447,994
47$540,417$310,595$258,472$446,497
48$559,961$290,236$231,552$444,303
49$580,378$267,758$202,610$441,368
50$601,721$243,024$171,543$437,643
51$624,049$215,884$138,242$433,079
52$647,425$186,185$102,596$427,625
53$671,916$153,762$64,486$421,227
54$697,597$118,441$23,792$413,831
55$724,547$80,040$0$405,378
56$752,853$38,365$0$397,907
57$782,610$0$0$392,105
58$813,922$0$0$388,671
59$846,898$0$0$404,634
60$881,662$0$0$421,479
61$918,346$0$0$439,273
62$957,094$0$0$458,089
63$998,065$0$0$478,004
64$1,041,429$0$0$499,107
65$1,087,377$0$0$521,491
66$1,136,112$0$0$545,260
67$1,187,860$0$0$570,526
68$1,242,865$0$0$597,413
69$1,301,397$0$0$626,057
70$1,363,750$0$0$656,605
71$1,430,246$0$0$689,219
72$1,501,237$0$0$724,078
73$1,577,110$0$0$761,377
74$1,658,289$0$0$801,328
75$1,745,238$0$0$844,166
76$1,838,466$0$0$890,149
77$1,938,533$0$0$939,558
78$2,046,052$0$0$992,703
79$2,161,696$0$0$1,049,924
80$2,286,204$0$0$1,111,595
81$2,420,389$0$0$1,178,125
82$2,565,142$0$0$1,249,965
83$2,721,443$0$0$1,327,611
84$2,890,369$0$0$1,411,607
85$3,073,101$0$0$1,502,550
86$3,270,942$0$0$1,601,098
87$3,485,321$0$0$1,707,975
88$3,717,810$0$0$1,823,976
89$3,970,137$0$0$1,949,976
90$4,244,205$0$0$2,086,935
91$4,542,105$0$0$2,235,914
92$4,866,139$0$0$2,398,076
93$5,218,836$0$0$2,574,702
94$5,602,984$0$0$2,767,204
95$6,021,648$0$0$2,977,131
96$6,478,201$0$0$3,206,193
97$6,976,356$0$0$3,456,269
98$7,520,201$0$0$3,729,429
99$8,114,233$0$0$4,027,950
100$8,763,407$0$0$4,354,342