Can I retire at age 40 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$37,161$36,830$36,507$36,191$35,884$35,217
2 years$18,396$18,054$17,722$17,400$17,087$16,418
3 years$12,142$11,798$11,467$11,148$10,841$10,190
4 years$9,016$8,673$8,345$8,032$7,732$7,104
5 years$7,141$6,800$6,476$6,169$5,878$5,275
6 years$5,891$5,552$5,234$4,933$4,651$4,074
7 years$4,999$4,663$4,349$4,056$3,782$3,232
8 years$4,330$3,997$3,688$3,403$3,138$2,613
9 years$3,810$3,480$3,177$2,898$2,642$2,143
10 years$3,394$3,068$2,770$2,498$2,252$1,777
11 years$3,054$2,731$2,438$2,174$1,936$1,487
12 years$2,771$2,451$2,164$1,907$1,678$1,252
13 years$2,531$2,215$1,933$1,684$1,463$1,061
14 years$2,326$2,013$1,737$1,495$1,283$903
15 years$2,149$1,839$1,568$1,333$1,129$771
16 years$1,994$1,688$1,422$1,193$998$661
17 years$1,857$1,554$1,294$1,072$885$568
18 years$1,735$1,436$1,181$966$787$489
19 years$1,627$1,331$1,081$873$701$422
20 years$1,529$1,237$992$791$627$365
21 years$1,441$1,152$913$718$561$316
22 years$1,361$1,075$841$653$503$274
23 years$1,288$1,006$777$594$451$237
24 years$1,222$942$718$542$405$206
25 years$1,160$884$665$495$365$179
26 years$1,104$831$617$453$329$156
27 years$1,051$782$573$414$296$135
28 years$1,003$737$533$380$267$118
29 years$958$695$496$348$241$103
30 years$916$657$462$319$218$89
31 years$877$621$430$293$197$78
32 years$840$587$402$270$178$68
33 years$806$556$375$248$161$59
34 years$774$527$350$228$146$52
35 years$743$500$328$210$132$45
36 years$715$475$306$193$120$39
37 years$688$451$287$178$109$34
38 years$662$428$269$164$99$30
39 years$638$407$252$151$89$26
40 years$615$388$236$140$81$23
41 years$594$369$221$129$74$20
42 years$573$351$207$119$67$17
43 years$553$335$195$110$61$15
44 years$535$319$183$101$55$13
45 years$517$304$172$94$50$12
46 years$500$290$161$86$45$10
47 years$484$277$151$80$41$9
48 years$468$264$142$74$37$8
49 years$454$253$134$68$34$7
50 years$439$241$126$63$31$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $450,000, adding $6,841 every year, while hoping to spend $33,017 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: 48/41/11 Blend
39$450,000$450,000$450,000$450,000
40$502,956$479,106$472,131$525,264
41$519,128$467,453$452,818$529,679
42$535,843$454,122$431,751$530,472
43$553,121$438,996$408,837$530,584
44$570,984$421,951$383,978$529,962
45$589,455$402,857$357,071$528,549
46$608,557$381,575$328,010$526,287
47$628,315$357,957$296,684$523,113
48$648,755$331,849$262,975$518,962
49$669,906$303,087$226,763$513,762
50$691,795$271,498$187,918$507,442
51$714,455$236,898$146,310$499,923
52$737,916$199,093$101,799$491,123
53$762,215$157,880$54,240$480,957
54$787,386$113,041$3,482$469,333
55$813,469$64,349$0$456,157
56$840,504$11,563$0$447,275
57$868,534$0$0$437,457
58$897,606$0$0$446,762
59$927,768$0$0$461,833
60$959,073$0$0$477,481
61$991,576$0$0$493,735
62$1,025,337$0$0$510,624
63$1,060,419$0$0$528,181
64$1,096,890$0$0$546,441
65$1,134,823$0$0$565,443
66$1,174,296$0$0$585,225
67$1,215,392$0$0$605,831
68$1,258,201$0$0$627,308
69$1,302,821$0$0$649,706
70$1,349,354$0$0$673,078
71$1,397,914$0$0$697,483
72$1,448,621$0$0$722,983
73$1,501,605$0$0$749,647
74$1,557,009$0$0$777,547
75$1,614,985$0$0$806,763
76$1,675,698$0$0$837,381
77$1,739,326$0$0$869,495
78$1,806,066$0$0$903,206
79$1,876,126$0$0$938,623
80$1,949,737$0$0$975,866
81$2,027,147$0$0$1,015,065
82$2,108,626$0$0$1,056,363
83$2,194,470$0$0$1,099,912
84$2,284,999$0$0$1,145,880
85$2,380,563$0$0$1,194,452
86$2,481,542$0$0$1,245,825
87$2,588,354$0$0$1,300,220
88$2,701,452$0$0$1,357,874
89$2,821,332$0$0$1,419,046
90$2,948,537$0$0$1,484,022
91$3,083,658$0$0$1,553,114
92$3,227,344$0$0$1,626,660
93$3,380,305$0$0$1,705,035
94$3,543,316$0$0$1,788,647
95$3,717,229$0$0$1,877,943
96$3,902,974$0$0$1,973,412
97$4,101,573$0$0$2,075,593
98$4,314,144$0$0$2,185,075
99$4,541,915$0$0$2,302,503
100$4,786,233$0$0$2,428,588