Can I retire at age 40 with 448,000?

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 $448,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$36,995$36,666$36,344$36,031$35,724$34,416
2 years$18,315$17,973$17,643$17,322$17,011$15,708
3 years$12,088$11,746$11,416$11,099$10,793$9,535
4 years$8,976$8,634$8,308$7,996$7,698$6,495
5 years$7,109$6,770$6,447$6,142$5,852$4,707
6 years$5,865$5,528$5,210$4,912$4,630$3,545
7 years$4,976$4,642$4,330$4,038$3,766$2,740
8 years$4,310$3,979$3,672$3,387$3,124$2,156
9 years$3,793$3,465$3,163$2,885$2,631$1,720
10 years$3,379$3,054$2,757$2,487$2,242$1,386
11 years$3,040$2,719$2,428$2,165$1,928$1,126
12 years$2,758$2,440$2,154$1,899$1,671$920
13 years$2,520$2,205$1,925$1,676$1,457$755
14 years$2,316$2,004$1,729$1,488$1,277$623
15 years$2,139$1,831$1,561$1,327$1,124$515
16 years$1,985$1,680$1,416$1,188$994$427
17 years$1,849$1,547$1,288$1,068$881$355
18 years$1,728$1,430$1,176$962$783$295
19 years$1,620$1,325$1,077$869$698$246
20 years$1,523$1,231$988$787$624$206
21 years$1,435$1,147$909$715$558$172
22 years$1,355$1,071$838$650$500$144
23 years$1,283$1,001$773$592$449$120
24 years$1,216$938$715$540$404$101
25 years$1,155$880$662$493$363$84
26 years$1,099$827$614$451$327$71
27 years$1,047$779$571$412$295$59
28 years$998$734$530$378$266$50
29 years$954$692$494$347$240$42
30 years$912$654$460$318$217$35
31 years$873$618$429$292$196$29
32 years$836$585$400$268$178$25
33 years$802$554$373$247$161$21
34 years$770$525$349$227$146$17
35 years$740$498$326$209$132$15
36 years$712$473$305$193$119$12
37 years$685$449$286$177$108$10
38 years$659$426$267$164$98$9
39 years$635$406$251$151$89$7
40 years$612$386$235$139$81$6
41 years$591$367$220$128$73$5
42 years$570$350$207$118$66$4
43 years$551$333$194$109$60$4
44 years$532$318$182$101$55$3
45 years$515$303$171$93$50$3
46 years$498$289$160$86$45$2
47 years$482$276$151$80$41$2
48 years$466$263$142$74$37$1
49 years$451$251$133$68$34$1
50 years$437$240$125$63$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $448,000, adding $4,386 every year, while hoping to spend $27,342 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: 35/45/20 Blend
39$448,000$448,000$448,000$448,000
40$498,220$474,476$467,532$512,487
41$519,947$468,634$454,103$517,500
42$542,973$461,589$439,307$520,057
43$567,403$453,253$423,071$522,249
44$593,350$443,534$405,315$524,062
45$620,938$432,334$385,959$525,479
46$650,302$419,546$364,917$526,486
47$681,591$405,062$342,100$527,070
48$714,968$388,765$317,415$527,219
49$750,611$370,531$290,765$526,924
50$788,715$350,228$262,047$526,176
51$829,494$327,719$231,156$524,972
52$873,183$302,858$197,980$523,310
53$920,039$275,490$162,404$521,193
54$970,345$245,451$124,306$518,627
55$1,024,410$212,568$83,561$515,624
56$1,082,576$176,660$40,036$512,203
57$1,145,215$137,533$0$508,388
58$1,212,739$94,984$0$505,579
59$1,285,597$48,797$0$511,657
60$1,364,285$0$0$518,153
61$1,449,348$0$0$525,783
62$1,541,383$0$0$560,234
63$1,641,048$0$0$597,595
64$1,749,066$0$0$638,144
65$1,866,231$0$0$682,186
66$1,993,418$0$0$730,057
67$2,131,589$0$0$782,127
68$2,281,800$0$0$838,803
69$2,445,216$0$0$900,532
70$2,623,116$0$0$967,806
71$2,816,910$0$0$1,041,169
72$3,028,147$0$0$1,121,216
73$3,258,534$0$0$1,208,603
74$3,509,947$0$0$1,304,055
75$3,784,455$0$0$1,408,366
76$4,084,332$0$0$1,522,413
77$4,412,083$0$0$1,647,159
78$4,770,466$0$0$1,783,668
79$5,162,517$0$0$1,933,109
80$5,591,579$0$0$2,096,769
81$6,061,334$0$0$2,276,067
82$6,575,836$0$0$2,472,563
83$7,139,548$0$0$2,687,980
84$7,757,388$0$0$2,924,209
85$8,434,770$0$0$3,183,340
86$9,177,658$0$0$3,467,668
87$9,992,621$0$0$3,779,726
88$10,886,893$0$0$4,122,303
89$11,868,445$0$0$4,498,469
90$12,946,054$0$0$4,911,608
91$14,129,391$0$0$5,365,448
92$15,429,107$0$0$5,864,094
93$16,856,938$0$0$6,412,071
94$18,425,810$0$0$7,014,361
95$20,149,966$0$0$7,676,455
96$22,045,094$0$0$8,404,401
97$24,128,480$0$0$9,204,864
98$26,419,167$0$0$10,085,185
99$28,938,136$0$0$11,053,454
100$31,708,503$0$0$12,118,583