Can I retire at age 40 with 449,000?

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 $449,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$37,078$36,748$36,426$36,111$35,804$34,465
2 years$18,355$18,014$17,682$17,361$17,049$15,716
3 years$12,115$11,772$11,442$11,123$10,817$9,531
4 years$8,996$8,654$8,327$8,014$7,715$6,485
5 years$7,125$6,785$6,462$6,155$5,865$4,696
6 years$5,878$5,540$5,222$4,922$4,640$3,533
7 years$4,987$4,653$4,340$4,047$3,774$2,727
8 years$4,320$3,988$3,680$3,395$3,131$2,144
9 years$3,801$3,472$3,170$2,892$2,637$1,708
10 years$3,386$3,061$2,764$2,493$2,247$1,374
11 years$3,047$2,725$2,433$2,169$1,932$1,115
12 years$2,765$2,446$2,159$1,903$1,674$910
13 years$2,526$2,210$1,929$1,680$1,460$746
14 years$2,321$2,009$1,733$1,491$1,280$614
15 years$2,144$1,835$1,565$1,330$1,127$507
16 years$1,989$1,684$1,419$1,191$996$420
17 years$1,853$1,551$1,291$1,070$883$349
18 years$1,732$1,433$1,179$964$785$290
19 years$1,623$1,328$1,079$871$700$241
20 years$1,526$1,234$990$789$625$201
21 years$1,438$1,149$911$716$559$168
22 years$1,358$1,073$839$651$501$140
23 years$1,285$1,004$775$593$450$117
24 years$1,219$940$717$541$405$98
25 years$1,158$882$664$494$364$82
26 years$1,101$829$616$452$328$68
27 years$1,049$780$572$413$296$57
28 years$1,001$735$532$379$267$48
29 years$956$694$495$347$241$40
30 years$914$655$461$319$218$34
31 years$875$619$430$293$197$28
32 years$838$586$401$269$178$24
33 years$804$555$374$247$161$20
34 years$772$526$350$228$146$17
35 years$742$499$327$210$132$14
36 years$713$474$306$193$120$12
37 years$686$450$286$178$108$10
38 years$661$427$268$164$98$8
39 years$637$406$251$151$89$7
40 years$614$387$235$139$81$6
41 years$592$368$221$129$73$5
42 years$572$351$207$119$67$4
43 years$552$334$194$110$60$3
44 years$533$318$182$101$55$3
45 years$516$304$171$93$50$2
46 years$499$290$161$86$45$2
47 years$483$276$151$80$41$2
48 years$467$264$142$74$37$1
49 years$452$252$133$68$34$1
50 years$438$241$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 $449,000, adding $2,300 every year, while hoping to spend $25,151 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: 69/12/19 Blend
39$449,000$449,000$449,000$449,000
40$497,170$473,373$466,414$529,018
41$521,121$469,808$455,278$547,002
42$546,672$465,225$442,927$563,497
43$573,960$459,549$429,292$580,926
44$603,134$452,697$414,303$599,378
45$634,359$444,584$397,887$618,952
46$667,814$435,119$379,967$639,760
47$703,697$424,206$360,463$661,922
48$742,226$411,743$339,289$685,576
49$783,636$397,623$316,359$710,870
50$828,191$381,729$291,580$737,971
51$876,175$363,943$264,857$767,063
52$927,904$344,136$236,090$798,350
53$983,724$322,172$205,172$832,056
54$1,044,015$297,910$171,997$868,432
55$1,109,194$271,196$136,448$907,754
56$1,179,720$241,873$98,407$950,327
57$1,256,097$209,770$57,749$996,488
58$1,338,880$174,710$14,345$1,046,613
59$1,428,679$136,504$0$1,101,114
60$1,526,164$94,953$0$1,166,930
61$1,632,072$49,846$0$1,241,610
62$1,747,217$961$0$1,322,832
63$1,872,489$0$0$1,411,243
64$2,008,871$0$0$1,514,419
65$2,157,444$0$0$1,626,979
66$2,319,396$0$0$1,749,699
67$2,496,038$0$0$1,883,575
68$2,688,809$0$0$2,029,702
69$2,899,295$0$0$2,189,285
70$3,129,242$0$0$2,363,651
71$3,380,572$0$0$2,554,260
72$3,655,399$0$0$2,762,721
73$3,956,055$0$0$2,990,805
74$4,285,103$0$0$3,240,462
75$4,645,368$0$0$3,513,838
76$5,039,961$0$0$3,813,299
77$5,472,306$0$0$4,141,447
78$5,946,175$0$0$4,501,152
79$6,465,724$0$0$4,895,570
80$7,035,528$0$0$5,328,181
81$7,660,626$0$0$5,802,816
82$8,346,569$0$0$6,323,695
83$9,099,473$0$0$6,895,467
84$9,926,071$0$0$7,523,253
85$10,833,784$0$0$8,212,693
86$11,830,783$0$0$8,970,001
87$12,926,074$0$0$9,802,022
88$14,129,573$0$0$10,716,298
89$15,452,208$0$0$11,721,135
90$16,906,016$0$0$12,825,687
91$18,504,260$0$0$14,040,037
92$20,261,551$0$0$15,375,293
93$22,193,985$0$0$16,843,695
94$24,319,299$0$0$18,458,728
95$26,657,034$0$0$20,235,249
96$29,228,718$0$0$22,189,628
97$32,058,072$0$0$24,339,901
98$35,171,234$0$0$26,705,940
99$38,597,000$0$0$29,309,641
100$42,367,101$0$0$32,175,129