Can I retire at age 40 with 456,000?

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 $456,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$37,656$37,321$36,993$36,674$36,362$35,760
2 years$18,642$18,294$17,958$17,632$17,315$16,710
3 years$12,304$11,956$11,620$11,297$10,986$10,396
4 years$9,136$8,789$8,456$8,139$7,835$7,267
5 years$7,236$6,890$6,562$6,251$5,956$5,410
6 years$5,969$5,627$5,303$4,999$4,713$4,190
7 years$5,065$4,725$4,407$4,110$3,833$3,333
8 years$4,387$4,050$3,738$3,448$3,180$2,702
9 years$3,860$3,527$3,219$2,937$2,678$2,223
10 years$3,439$3,108$2,807$2,532$2,282$1,849
11 years$3,094$2,767$2,471$2,203$1,962$1,552
12 years$2,808$2,484$2,193$1,933$1,700$1,311
13 years$2,565$2,245$1,959$1,706$1,483$1,114
14 years$2,357$2,040$1,760$1,515$1,300$952
15 years$2,177$1,864$1,589$1,351$1,144$816
16 years$2,020$1,710$1,441$1,209$1,011$701
17 years$1,882$1,575$1,311$1,087$897$605
18 years$1,759$1,455$1,197$979$797$523
19 years$1,649$1,349$1,096$885$711$453
20 years$1,550$1,253$1,006$801$635$393
21 years$1,460$1,167$925$727$568$341
22 years$1,379$1,090$853$661$509$297
23 years$1,305$1,019$787$602$457$259
24 years$1,238$955$728$549$411$225
25 years$1,176$896$674$502$370$197
26 years$1,118$842$625$459$333$172
27 years$1,065$793$581$420$300$150
28 years$1,016$747$540$385$271$131
29 years$971$705$502$353$245$115
30 years$928$665$468$324$221$100
31 years$889$629$436$297$200$88
32 years$851$595$407$273$181$77
33 years$817$564$380$251$164$67
34 years$784$534$355$231$148$59
35 years$753$507$332$213$134$52
36 years$724$481$311$196$122$45
37 years$697$457$291$181$110$40
38 years$671$434$272$166$100$35
39 years$647$413$255$153$91$30
40 years$623$393$239$142$82$27
41 years$601$374$224$131$75$23
42 years$581$356$210$121$68$20
43 years$561$339$197$111$61$18
44 years$542$323$185$103$56$16
45 years$524$308$174$95$51$14
46 years$507$294$163$88$46$12
47 years$490$281$153$81$42$11
48 years$475$268$144$75$38$9
49 years$460$256$136$69$34$8
50 years$445$244$127$64$31$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $456,000, adding $4,896 every year, while hoping to spend $32,364 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: 44/31/25 Blend
39$456,000$456,000$456,000$456,000
40$507,562$483,394$476,326$526,027
41$524,899$472,645$457,848$528,866
42$542,918$460,285$437,666$528,444
43$561,657$446,201$415,689$527,348
44$581,154$430,272$391,822$525,534
45$601,448$412,372$365,965$522,954
46$622,585$392,367$338,014$519,559
47$644,611$370,115$307,859$515,299
48$667,577$345,466$275,388$510,119
49$691,537$318,262$240,482$503,963
50$716,552$288,335$203,016$496,775
51$742,684$255,507$162,860$488,494
52$770,002$219,591$119,881$479,057
53$798,582$180,390$73,936$468,400
54$828,502$137,695$24,878$456,456
55$859,851$91,284$0$443,156
56$892,723$40,924$0$435,757
57$927,221$0$0$434,416
58$963,456$0$0$437,108
59$1,001,550$0$0$454,632
60$1,041,633$0$0$473,091
61$1,083,849$0$0$492,553
62$1,128,354$0$0$513,094
63$1,175,319$0$0$534,795
64$1,224,928$0$0$557,743
65$1,277,383$0$0$582,038
66$1,332,905$0$0$607,783
67$1,391,735$0$0$635,096
68$1,454,137$0$0$664,101
69$1,520,398$0$0$694,939
70$1,590,832$0$0$727,759
71$1,665,784$0$0$762,729
72$1,745,631$0$0$800,028
73$1,830,785$0$0$839,856
74$1,921,699$0$0$882,431
75$2,018,867$0$0$927,991
76$2,122,833$0$0$976,798
77$2,234,191$0$0$1,029,139
78$2,353,596$0$0$1,085,330
79$2,481,762$0$0$1,145,715
80$2,619,477$0$0$1,210,674
81$2,767,602$0$0$1,280,624
82$2,927,086$0$0$1,356,023
83$3,098,969$0$0$1,437,372
84$3,284,393$0$0$1,525,225
85$3,484,614$0$0$1,620,189
86$3,701,013$0$0$1,722,929
87$3,935,104$0$0$1,834,179
88$4,188,555$0$0$1,954,745
89$4,463,199$0$0$2,085,514
90$4,761,049$0$0$2,227,460
91$5,084,322$0$0$2,381,655
92$5,435,455$0$0$2,549,278
93$5,817,129$0$0$2,731,626
94$6,232,291$0$0$2,930,127
95$6,684,188$0$0$3,146,351
96$7,176,388$0$0$3,382,027
97$7,712,820$0$0$3,639,056
98$8,297,809$0$0$3,919,532
99$8,936,112$0$0$4,225,760
100$9,632,968$0$0$4,560,275