Can I retire at age 40 with 461,000?

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 $461,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$38,069$37,730$37,399$37,076$36,761$36,092
2 years$18,846$18,495$18,155$17,825$17,505$16,834
3 years$12,439$12,087$11,747$11,421$11,106$10,453
4 years$9,236$8,885$8,549$8,228$7,921$7,291
5 years$7,315$6,966$6,634$6,320$6,021$5,417
6 years$6,035$5,688$5,362$5,054$4,764$4,186
7 years$5,121$4,777$4,456$4,155$3,875$3,322
8 years$4,435$4,095$3,779$3,486$3,215$2,688
9 years$3,903$3,565$3,255$2,969$2,707$2,206
10 years$3,477$3,143$2,837$2,559$2,307$1,830
11 years$3,128$2,798$2,498$2,227$1,984$1,532
12 years$2,838$2,511$2,217$1,954$1,719$1,291
13 years$2,593$2,269$1,981$1,725$1,499$1,095
14 years$2,383$2,063$1,780$1,531$1,314$932
15 years$2,201$1,884$1,607$1,365$1,157$797
16 years$2,042$1,729$1,457$1,223$1,023$683
17 years$1,902$1,592$1,326$1,099$907$588
18 years$1,778$1,471$1,210$990$806$506
19 years$1,667$1,364$1,108$895$719$437
20 years$1,567$1,267$1,017$810$642$378
21 years$1,476$1,180$935$735$574$328
22 years$1,395$1,102$862$669$515$284
23 years$1,320$1,030$796$609$462$247
24 years$1,251$965$736$555$415$214
25 years$1,189$906$682$507$374$186
26 years$1,131$851$632$464$337$162
27 years$1,077$801$587$424$304$141
28 years$1,027$755$546$389$274$123
29 years$981$712$508$357$247$107
30 years$938$673$473$327$223$93
31 years$898$636$441$301$202$82
32 years$861$602$411$276$183$71
33 years$826$570$384$254$165$62
34 years$793$540$359$234$150$54
35 years$761$512$336$215$136$47
36 years$732$486$314$198$123$41
37 years$705$462$294$183$111$36
38 years$678$439$275$168$101$31
39 years$654$417$258$155$92$28
40 years$630$397$242$143$83$24
41 years$608$378$227$132$75$21
42 years$587$360$213$122$68$18
43 years$567$343$199$112$62$16
44 years$548$327$187$104$56$14
45 years$530$312$176$96$51$12
46 years$512$297$165$89$46$11
47 years$496$284$155$82$42$9
48 years$480$271$146$76$38$8
49 years$465$259$137$70$35$7
50 years$450$247$129$65$32$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $461,000, adding $5,981 every year, while hoping to spend $32,482 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: 62/26/12 Blend
39$461,000$461,000$461,000$461,000
40$514,191$489,758$482,613$544,253
41$532,078$479,196$464,220$554,570
42$550,701$467,027$444,122$561,570
43$570,100$453,139$422,228$568,411
44$590,320$437,413$398,442$575,079
45$611,407$419,721$372,664$581,560
46$633,413$399,929$344,791$587,839
47$656,392$377,897$314,712$593,902
48$680,404$353,473$282,315$599,733
49$705,512$326,500$247,479$605,320
50$731,786$296,811$210,082$610,647
51$759,301$264,227$169,992$615,703
52$788,138$228,562$127,075$620,474
53$818,384$189,619$81,189$624,950
54$850,137$147,187$32,186$629,121
55$883,499$101,047$0$632,978
56$918,583$50,966$0$639,091
57$955,513$0$0$649,445
58$994,421$0$0$660,880
59$1,035,453$0$0$688,331
60$1,078,768$0$0$717,323
61$1,124,539$0$0$747,974
62$1,172,953$0$0$780,411
63$1,224,219$0$0$814,776
64$1,278,559$0$0$851,222
65$1,336,220$0$0$889,914
66$1,397,471$0$0$931,038
67$1,462,606$0$0$974,792
68$1,531,947$0$0$1,021,395
69$1,605,845$0$0$1,071,089
70$1,684,686$0$0$1,124,134
71$1,768,893$0$0$1,180,820
72$1,858,928$0$0$1,241,462
73$1,955,300$0$0$1,306,405
74$2,058,565$0$0$1,376,029
75$2,169,333$0$0$1,450,751
76$2,288,275$0$0$1,531,027
77$2,416,125$0$0$1,617,358
78$2,553,691$0$0$1,710,295
79$2,701,859$0$0$1,810,443
80$2,861,603$0$0$1,918,466
81$3,033,991$0$0$2,035,093
82$3,220,199$0$0$2,161,125
83$3,421,517$0$0$2,297,444
84$3,639,365$0$0$2,445,017
85$3,875,302$0$0$2,604,911
86$4,131,043$0$0$2,778,294
87$4,408,475$0$0$2,966,454
88$4,709,671$0$0$3,170,806
89$5,036,911$0$0$3,392,909
90$5,392,707$0$0$3,634,475
91$5,779,817$0$0$3,897,388
92$6,201,280$0$0$4,183,722
93$6,660,438$0$0$4,495,760
94$7,160,968$0$0$4,836,012
95$7,706,920$0$0$5,207,244
96$8,302,747$0$0$5,612,496
97$8,953,355$0$0$6,055,119
98$9,664,143$0$0$6,538,800
99$10,441,054$0$0$7,067,596
100$11,290,631$0$0$7,645,978