Can I retire at age 40 with 443,000?

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 $443,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$36,583$36,257$35,939$35,628$35,325$34,826
2 years$18,110$17,773$17,446$17,129$16,822$16,320
3 years$11,954$11,615$11,289$10,975$10,672$10,183
4 years$8,876$8,538$8,215$7,907$7,612$7,139
5 years$7,030$6,694$6,375$6,073$5,786$5,332
6 years$5,799$5,466$5,152$4,857$4,578$4,142
7 years$4,921$4,590$4,282$3,993$3,723$3,306
8 years$4,262$3,935$3,631$3,350$3,089$2,690
9 years$3,750$3,426$3,127$2,853$2,601$2,221
10 years$3,341$3,020$2,727$2,459$2,217$1,854
11 years$3,006$2,688$2,400$2,140$1,906$1,562
12 years$2,728$2,413$2,130$1,877$1,652$1,325
13 years$2,492$2,181$1,903$1,657$1,441$1,130
14 years$2,290$1,982$1,710$1,471$1,263$969
15 years$2,115$1,811$1,544$1,312$1,112$834
16 years$1,963$1,661$1,400$1,175$983$720
17 years$1,828$1,530$1,274$1,056$871$624
18 years$1,708$1,414$1,163$951$775$542
19 years$1,602$1,310$1,065$860$691$471
20 years$1,506$1,218$977$779$617$411
21 years$1,419$1,134$899$707$552$358
22 years$1,340$1,059$828$642$495$313
23 years$1,268$990$765$585$444$274
24 years$1,203$928$707$534$399$240
25 years$1,142$871$655$487$359$210
26 years$1,086$818$608$446$324$184
27 years$1,035$770$564$408$292$162
28 years$987$726$524$374$263$142
29 years$943$685$488$343$238$125
30 years$902$646$455$315$215$110
31 years$863$611$424$289$194$97
32 years$827$578$395$265$176$85
33 years$793$548$369$244$159$75
34 years$762$519$345$225$144$66
35 years$732$492$323$207$130$58
36 years$704$467$302$190$118$51
37 years$677$444$282$175$107$45
38 years$652$422$264$162$97$40
39 years$628$401$248$149$88$35
40 years$606$382$232$138$80$31
41 years$584$363$218$127$72$27
42 years$564$346$204$117$66$24
43 years$545$330$192$108$60$21
44 years$526$314$180$100$54$19
45 years$509$300$169$92$49$16
46 years$492$286$159$85$45$14
47 years$476$273$149$79$41$13
48 years$461$260$140$73$37$11
49 years$446$249$132$67$33$10
50 years$433$237$124$62$30$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $443,000, adding $4,266 every year, while hoping to spend $22,097 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: 45/49/6 Blend
39$443,000$443,000$443,000$443,000
40$492,586$469,107$462,241$513,747
41$519,319$468,583$454,215$528,243
42$548,038$467,292$445,179$541,314
43$578,922$465,173$435,077$554,970
44$612,169$462,163$423,849$569,270
45$647,994$458,193$411,432$584,283
46$686,634$453,189$397,760$600,086
47$728,351$447,076$382,765$616,763
48$773,432$439,771$366,376$634,411
49$822,190$431,188$348,518$653,138
50$874,972$421,235$329,112$673,062
51$932,159$409,816$308,077$694,317
52$994,170$396,827$285,328$717,053
53$1,061,463$382,160$260,775$741,438
54$1,134,546$365,699$234,325$767,656
55$1,213,976$347,324$205,880$795,916
56$1,300,363$326,905$175,339$826,448
57$1,394,383$304,307$142,596$859,511
58$1,496,777$279,384$107,539$895,391
59$1,608,360$251,986$70,054$934,408
60$1,730,030$221,950$30,018$976,916
61$1,862,776$189,108$0$1,023,311
62$2,007,684$153,280$0$1,074,845
63$2,165,952$114,275$0$1,133,296
64$2,338,899$71,895$0$1,197,290
65$2,527,975$25,926$0$1,267,439
66$2,734,778$0$0$1,344,421
67$2,961,066$0$0$1,441,847
68$3,208,777$0$0$1,563,851
69$3,480,044$0$0$1,697,510
70$3,777,215$0$0$1,843,987
71$4,102,877$0$0$2,004,565
72$4,459,878$0$0$2,180,656
73$4,851,357$0$0$2,373,813
74$5,280,768$0$0$2,585,751
75$5,751,919$0$0$2,818,356
76$6,269,001$0$0$3,073,705
77$6,836,632$0$0$3,354,088
78$7,459,900$0$0$3,662,027
79$8,144,409$0$0$4,000,298
80$8,896,330$0$0$4,371,963
81$9,722,465$0$0$4,780,392
82$10,630,305$0$0$5,229,299
83$11,628,103$0$0$5,722,775
84$12,724,953$0$0$6,265,330
85$13,930,870$0$0$6,861,927
86$15,256,893$0$0$7,518,041
87$16,715,179$0$0$8,239,697
88$18,319,126$0$0$9,033,540
89$20,083,495$0$0$9,906,887
90$22,024,547$0$0$10,867,800
91$24,160,201$0$0$11,925,164
92$26,510,200$0$0$13,088,769
93$29,096,298$0$0$14,369,399
94$31,942,462$0$0$15,778,939
95$35,075,103$0$0$17,330,484
96$38,523,320$0$0$19,038,462
97$42,319,178$0$0$20,918,773
98$46,498,008$0$0$22,988,934
99$51,098,739$0$0$25,268,250
100$56,164,271$0$0$27,777,991