Can I retire at age 40 with 454,000?

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 $454,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$37,491$37,157$36,831$36,513$36,203$35,780
2 years$18,560$18,214$17,879$17,554$17,239$16,814
3 years$12,250$11,903$11,569$11,247$10,937$10,522
4 years$9,096$8,750$8,419$8,103$7,801$7,399
5 years$7,204$6,860$6,534$6,224$5,930$5,543
6 years$5,943$5,602$5,280$4,977$4,692$4,321
7 years$5,043$4,704$4,388$4,092$3,816$3,460
8 years$4,368$4,033$3,721$3,433$3,166$2,825
9 years$3,843$3,511$3,205$2,924$2,666$2,341
10 years$3,424$3,095$2,794$2,520$2,272$1,961
11 years$3,081$2,755$2,460$2,194$1,954$1,658
12 years$2,795$2,473$2,183$1,924$1,693$1,412
13 years$2,554$2,235$1,951$1,699$1,476$1,210
14 years$2,347$2,031$1,753$1,508$1,294$1,041
15 years$2,168$1,856$1,582$1,345$1,139$900
16 years$2,011$1,703$1,435$1,204$1,007$780
17 years$1,873$1,568$1,305$1,082$893$679
18 years$1,751$1,449$1,192$975$794$592
19 years$1,641$1,343$1,091$881$708$517
20 years$1,543$1,248$1,001$798$632$452
21 years$1,454$1,162$921$724$566$397
22 years$1,373$1,085$849$658$507$348
23 years$1,300$1,015$784$600$455$306
24 years$1,232$951$725$547$409$269
25 years$1,170$892$671$499$368$237
26 years$1,113$839$623$457$332$209
27 years$1,061$789$578$418$299$184
28 years$1,012$744$537$383$270$163
29 years$966$702$500$351$244$144
30 years$924$663$466$322$220$127
31 years$885$626$434$296$199$112
32 years$848$593$405$272$180$99
33 years$813$561$378$250$163$88
34 years$781$532$354$230$147$78
35 years$750$504$331$212$134$69
36 years$721$479$309$195$121$61
37 years$694$455$289$180$110$54
38 years$668$432$271$166$99$48
39 years$644$411$254$153$90$42
40 years$621$391$238$141$82$37
41 years$599$372$223$130$74$33
42 years$578$354$209$120$67$29
43 years$558$338$196$111$61$26
44 years$539$322$184$102$55$23
45 years$521$307$173$94$50$20
46 years$504$293$163$87$46$18
47 years$488$279$153$81$42$16
48 years$472$267$144$74$38$14
49 years$458$255$135$69$34$13
50 years$443$243$127$64$31$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $454,000, adding $3,207 every year, while hoping to spend $22,940 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: 51/19/30 Blend
39$454,000$454,000$454,000$454,000
40$503,616$479,554$472,517$524,890
41$530,577$478,644$463,938$539,180
42$559,519$476,921$454,303$552,170
43$590,620$474,320$443,553$565,854
44$624,075$470,774$431,624$580,310
45$660,099$466,210$418,451$595,622
46$698,927$460,552$403,967$611,888
47$740,818$453,719$388,100$629,214
48$786,055$445,625$370,776$647,720
49$834,951$436,180$351,915$667,538
50$887,849$425,286$331,438$688,818
51$945,127$412,842$309,258$711,725
52$1,007,198$398,739$285,286$736,442
53$1,074,519$382,864$259,430$763,174
54$1,147,592$365,096$231,593$792,150
55$1,226,967$345,307$201,672$823,621
56$1,313,252$323,361$169,562$857,870
57$1,407,113$299,115$135,152$895,208
58$1,509,285$272,419$98,326$935,982
59$1,620,577$243,111$58,964$980,578
60$1,741,876$211,024$16,940$1,029,422
61$1,874,162$175,979$0$1,082,987
62$2,018,512$137,787$0$1,150,733
63$2,176,110$96,249$0$1,230,675
64$2,348,262$51,154$0$1,318,078
65$2,536,405$2,281$0$1,413,702
66$2,742,120$0$0$1,518,391
67$2,967,149$0$0$1,643,653
68$3,213,408$0$0$1,781,302
69$3,483,009$0$0$1,932,045
70$3,778,278$0$0$2,097,190
71$4,101,774$0$0$2,278,173
72$4,456,317$0$0$2,476,580
73$4,845,013$0$0$2,694,154
74$5,271,281$0$0$2,932,816
75$5,738,889$0$0$3,194,684
76$6,251,986$0$0$3,482,089
77$6,815,143$0$0$3,797,597
78$7,433,393$0$0$4,144,038
79$8,112,283$0$0$4,524,526
80$8,857,921$0$0$4,942,495
81$9,677,037$0$0$5,401,726
82$10,577,044$0$0$5,906,384
83$11,566,110$0$0$6,461,058
84$12,653,233$0$0$7,070,804
85$13,848,324$0$0$7,741,191
86$15,162,305$0$0$8,478,357
87$16,607,208$0$0$9,289,062
88$18,196,289$0$0$10,180,755
89$19,944,154$0$0$11,161,643
90$21,866,894$0$0$12,240,769
91$23,982,238$0$0$13,428,096
92$26,309,723$0$0$14,734,601
93$28,870,873$0$0$16,172,381
94$31,689,402$0$0$17,754,761
95$34,791,444$0$0$19,496,428
96$38,205,789$0$0$21,413,561
97$41,964,165$0$0$23,523,990
98$46,101,529$0$0$25,847,359
99$50,656,400$0$0$28,405,315
100$55,671,223$0$0$31,221,710