Can I retire at age 40 with 442,000?

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 $442,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$36,500$36,175$35,858$35,548$35,246$34,863
2 years$18,069$17,733$17,407$17,090$16,784$16,398
3 years$11,927$11,589$11,263$10,950$10,648$10,272
4 years$8,856$8,519$8,197$7,889$7,594$7,231
5 years$7,014$6,679$6,361$6,059$5,773$5,423
6 years$5,786$5,454$5,141$4,846$4,568$4,231
7 years$4,910$4,580$4,272$3,984$3,715$3,392
8 years$4,253$3,926$3,623$3,342$3,082$2,773
9 years$3,742$3,418$3,120$2,847$2,596$2,300
10 years$3,333$3,013$2,720$2,454$2,212$1,930
11 years$2,999$2,682$2,395$2,136$1,902$1,634
12 years$2,721$2,408$2,126$1,873$1,648$1,393
13 years$2,486$2,176$1,899$1,654$1,437$1,195
14 years$2,285$1,978$1,706$1,468$1,260$1,030
15 years$2,111$1,807$1,541$1,309$1,109$891
16 years$1,958$1,658$1,397$1,172$980$774
17 years$1,824$1,527$1,271$1,053$869$674
18 years$1,705$1,411$1,160$949$773$588
19 years$1,598$1,307$1,062$858$689$515
20 years$1,502$1,215$975$777$615$451
21 years$1,416$1,132$897$705$551$396
22 years$1,337$1,056$826$641$494$348
23 years$1,265$988$763$584$443$307
24 years$1,200$926$706$532$398$270
25 years$1,140$869$654$486$358$238
26 years$1,084$816$606$445$323$210
27 years$1,033$768$563$407$291$186
28 years$985$724$523$373$263$164
29 years$941$683$487$342$237$145
30 years$900$645$454$314$214$129
31 years$861$610$423$288$194$114
32 years$825$577$395$265$175$101
33 years$792$546$368$244$159$89
34 years$760$518$344$224$144$79
35 years$730$491$322$206$130$70
36 years$702$466$301$190$118$62
37 years$675$443$282$175$107$55
38 years$650$421$264$161$97$49
39 years$627$400$247$149$88$43
40 years$604$381$232$137$80$38
41 years$583$362$217$127$72$34
42 years$563$345$204$117$66$30
43 years$543$329$191$108$59$27
44 years$525$313$180$100$54$24
45 years$508$299$169$92$49$21
46 years$491$285$158$85$45$19
47 years$475$272$149$78$40$17
48 years$460$260$140$73$37$15
49 years$445$248$131$67$33$13
50 years$432$237$124$62$30$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $442,000, adding $3,364 every year, while hoping to spend $33,053 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: 44/32/24 Blend
39$442,000$442,000$442,000$442,000
40$490,554$467,128$460,277$508,594
41$505,422$454,849$440,528$509,434
42$520,699$440,861$419,010$506,885
43$536,392$425,044$395,628$503,463
44$552,507$407,274$370,284$499,106
45$569,049$387,417$342,876$493,747
46$586,025$365,334$313,295$487,314
47$603,439$340,874$281,429$479,732
48$621,295$313,882$247,162$470,921
49$639,595$284,190$210,370$460,796
50$658,342$251,624$170,926$449,268
51$677,537$215,998$128,696$436,242
52$697,180$177,116$83,541$421,618
53$717,267$134,770$35,315$405,288
54$737,797$88,741$0$387,140
55$758,762$38,800$0$371,191
56$780,156$0$0$363,098
57$801,968$0$0$359,103
58$824,185$0$0$368,938
59$846,791$0$0$378,933
60$869,768$0$0$389,076
61$893,091$0$0$399,356
62$916,733$0$0$409,759
63$940,661$0$0$420,267
64$964,839$0$0$430,861
65$989,222$0$0$441,519
66$1,013,760$0$0$452,216
67$1,038,396$0$0$462,922
68$1,063,063$0$0$473,605
69$1,087,687$0$0$484,226
70$1,112,182$0$0$494,744
71$1,136,453$0$0$505,109
72$1,160,391$0$0$515,269
73$1,183,873$0$0$525,163
74$1,206,762$0$0$534,722
75$1,228,902$0$0$543,869
76$1,250,121$0$0$552,520
77$1,270,224$0$0$560,578
78$1,288,994$0$0$567,936
79$1,306,189$0$0$574,476
80$1,321,538$0$0$580,064
81$1,334,739$0$0$584,552
82$1,345,456$0$0$587,775
83$1,353,316$0$0$589,551
84$1,357,902$0$0$589,675
85$1,358,751$0$0$587,922
86$1,355,352$0$0$584,040
87$1,347,133$0$0$577,751
88$1,333,461$0$0$568,745
89$1,313,637$0$0$556,681
90$1,286,881$0$0$541,179
91$1,252,333$0$0$521,819
92$1,209,038$0$0$498,136
93$1,155,939$0$0$469,614
94$1,091,867$0$0$435,684
95$1,015,527$0$0$395,716
96$925,488$0$0$349,011
97$820,165$0$0$294,801
98$697,809$0$0$232,232
99$556,483$0$0$160,363
100$394,047$0$0$78,153