Can I retire at age 40 with 403,000?

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 $403,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$33,279$32,983$32,694$32,411$32,136$31,448
2 years$16,475$16,168$15,871$15,582$15,303$14,614
3 years$10,874$10,566$10,269$9,984$9,709$9,039
4 years$8,074$7,767$7,474$7,193$6,924$6,280
5 years$6,395$6,090$5,800$5,525$5,264$4,646
6 years$5,276$4,973$4,687$4,418$4,165$3,574
7 years$4,476$4,176$3,895$3,632$3,387$2,824
8 years$3,877$3,580$3,303$3,047$2,810$2,274
9 years$3,412$3,117$2,845$2,595$2,366$1,858
10 years$3,039$2,747$2,480$2,237$2,016$1,534
11 years$2,735$2,446$2,184$1,947$1,734$1,277
12 years$2,481$2,195$1,938$1,708$1,503$1,071
13 years$2,267$1,984$1,731$1,508$1,310$903
14 years$2,083$1,803$1,556$1,338$1,149$765
15 years$1,924$1,647$1,405$1,194$1,011$650
16 years$1,785$1,511$1,273$1,069$894$554
17 years$1,663$1,392$1,159$960$793$474
18 years$1,554$1,286$1,058$865$705$406
19 years$1,457$1,192$968$782$628$349
20 years$1,370$1,108$889$708$561$300
21 years$1,291$1,032$817$643$502$258
22 years$1,219$963$753$584$450$222
23 years$1,154$901$696$532$404$192
24 years$1,094$844$643$485$363$166
25 years$1,039$792$596$443$327$143
26 years$988$744$553$405$294$124
27 years$942$701$513$371$265$107
28 years$898$660$477$340$239$93
29 years$858$623$444$312$216$80
30 years$820$588$414$286$195$70
31 years$785$556$386$263$177$60
32 years$752$526$360$241$160$52
33 years$722$498$336$222$145$45
34 years$693$472$314$204$131$39
35 years$666$448$293$188$119$34
36 years$640$425$274$173$107$30
37 years$616$404$257$160$97$26
38 years$593$384$241$147$88$22
39 years$571$365$225$136$80$19
40 years$551$347$211$125$73$17
41 years$532$330$198$115$66$14
42 years$513$315$186$107$60$13
43 years$496$300$174$98$54$11
44 years$479$286$164$91$49$9
45 years$463$273$154$84$45$8
46 years$448$260$144$77$41$7
47 years$433$248$136$72$37$6
48 years$419$237$127$66$33$5
49 years$406$226$120$61$30$5
50 years$393$216$113$56$28$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $403,000, adding $5,107 every year, while hoping to spend $24,516 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: 75/13/12 Blend
39$403,000$403,000$403,000$403,000
40$449,374$428,015$421,768$481,626
41$469,125$422,903$409,813$498,495
42$490,069$416,718$396,635$513,399
43$512,302$409,384$382,168$529,054
44$535,929$400,815$366,343$545,526
45$561,064$390,925$349,085$562,889
46$587,832$379,620$330,319$581,225
47$616,371$366,802$309,965$600,623
48$646,831$352,365$287,939$621,184
49$679,378$336,201$264,155$643,018
50$714,191$318,191$238,520$666,248
51$751,468$298,213$210,941$691,007
52$791,428$276,135$181,317$717,447
53$834,308$251,820$149,546$745,731
54$880,369$225,121$115,517$776,043
55$929,899$195,884$79,119$808,585
56$983,212$163,946$40,234$843,581
57$1,040,655$129,135$0$881,278
58$1,102,608$91,268$0$922,111
59$1,169,488$50,154$0$971,729
60$1,241,753$5,590$0$1,025,325
61$1,319,909$0$0$1,083,289
62$1,404,508$0$0$1,152,145
63$1,496,161$0$0$1,227,623
64$1,595,536$0$0$1,309,475
65$1,703,371$0$0$1,398,309
66$1,820,475$0$0$1,494,796
67$1,947,740$0$0$1,599,671
68$2,086,146$0$0$1,713,744
69$2,236,770$0$0$1,837,906
70$2,400,801$0$0$1,973,137
71$2,579,542$0$0$2,120,516
72$2,774,432$0$0$2,281,231
73$2,987,051$0$0$2,456,588
74$3,219,141$0$0$2,648,026
75$3,472,618$0$0$2,857,128
76$3,749,590$0$0$3,085,636
77$4,052,381$0$0$3,335,471
78$4,383,547$0$0$3,608,744
79$4,745,904$0$0$3,907,783
80$5,142,550$0$0$4,235,148
81$5,576,901$0$0$4,593,660
82$6,052,714$0$0$4,986,427
83$6,574,129$0$0$5,416,869
84$7,145,707$0$0$5,888,753
85$7,772,467$0$0$6,406,229
86$8,459,940$0$0$6,973,868
87$9,214,218$0$0$7,596,703
88$10,042,011$0$0$8,280,280
89$10,950,708$0$0$9,030,706
90$11,948,452$0$0$9,854,709
91$13,044,209$0$0$10,759,701
92$14,247,860$0$0$11,753,847
93$15,570,288$0$0$12,846,140
94$17,023,481$0$0$14,046,489
95$18,620,648$0$0$15,365,809
96$20,376,340$0$0$16,816,128
97$22,306,590$0$0$18,410,694
98$24,429,058$0$0$20,164,105
99$26,763,205$0$0$22,092,442
100$29,330,469$0$0$24,213,425