Can I retire at age 40 with 469,000?

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 $469,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$38,730$38,385$38,048$37,720$37,399$36,901
2 years$19,173$18,816$18,470$18,134$17,809$17,308
3 years$12,655$12,296$11,951$11,619$11,299$10,810
4 years$9,397$9,039$8,697$8,371$8,058$7,587
5 years$7,442$7,087$6,750$6,430$6,126$5,672
6 years$6,140$5,787$5,455$5,142$4,847$4,411
7 years$5,210$4,860$4,533$4,227$3,942$3,525
8 years$4,512$4,166$3,844$3,546$3,270$2,871
9 years$3,970$3,627$3,311$3,021$2,754$2,373
10 years$3,537$3,197$2,887$2,604$2,347$1,984
11 years$3,183$2,846$2,541$2,266$2,018$1,673
12 years$2,888$2,555$2,255$1,988$1,749$1,421
13 years$2,638$2,309$2,015$1,755$1,525$1,214
14 years$2,425$2,098$1,811$1,558$1,337$1,042
15 years$2,240$1,917$1,635$1,389$1,177$898
16 years$2,078$1,759$1,482$1,244$1,040$777
17 years$1,935$1,620$1,349$1,118$922$674
18 years$1,809$1,497$1,231$1,007$820$586
19 years$1,696$1,387$1,127$910$731$510
20 years$1,594$1,289$1,034$824$653$445
21 years$1,502$1,201$951$748$584$389
22 years$1,419$1,121$877$680$524$341
23 years$1,343$1,048$810$619$470$299
24 years$1,273$982$749$565$423$262
25 years$1,209$922$693$516$380$230
26 years$1,150$866$643$472$343$202
27 years$1,096$815$597$432$309$178
28 years$1,045$768$555$396$279$156
29 years$998$725$517$363$252$137
30 years$955$684$481$333$227$121
31 years$914$647$449$306$206$107
32 years$876$612$419$281$186$94
33 years$840$580$391$258$168$83
34 years$806$549$365$238$152$73
35 years$775$521$341$219$138$64
36 years$745$495$319$202$125$57
37 years$717$470$299$186$113$50
38 years$690$446$280$171$103$44
39 years$665$425$262$158$93$39
40 years$641$404$246$146$84$34
41 years$619$385$231$134$77$30
42 years$597$366$216$124$70$27
43 years$577$349$203$114$63$24
44 years$557$333$190$106$57$21
45 years$539$317$179$98$52$18
46 years$521$303$168$90$47$16
47 years$504$289$158$83$43$14
48 years$488$276$148$77$39$13
49 years$473$263$139$71$35$11
50 years$458$251$131$66$32$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $469,000, adding $5,862 every year, while hoping to spend $24,106 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: 71/11/18 Blend
39$469,000$469,000$469,000$469,000
40$522,885$498,028$490,758$557,372
41$550,570$496,782$481,550$579,834
42$580,272$494,668$471,225$600,976
43$612,170$491,617$459,721$623,512
44$646,462$487,557$446,973$647,574
45$683,364$482,411$432,910$673,312
46$723,117$476,098$417,462$700,889
47$765,980$468,532$400,552$730,487
48$812,243$459,623$382,103$762,305
49$862,220$449,273$362,032$796,565
50$916,260$437,381$340,254$833,509
51$974,743$423,838$316,677$873,409
52$1,038,091$408,529$291,209$916,561
53$1,106,763$391,334$263,752$963,295
54$1,181,267$372,124$234,202$1,013,974
55$1,262,162$350,764$202,454$1,068,998
56$1,350,061$327,110$168,394$1,128,811
57$1,445,640$301,010$131,908$1,193,902
58$1,549,640$272,305$92,871$1,264,811
59$1,662,879$240,824$51,159$1,342,134
60$1,786,257$206,388$6,637$1,426,529
61$1,920,763$168,809$0$1,518,724
62$2,067,486$127,886$0$1,627,372
63$2,227,626$83,408$0$1,747,378
64$2,402,501$35,152$0$1,878,472
65$2,593,564$0$0$2,021,764
66$2,802,416$0$0$2,180,548
67$3,030,815$0$0$2,358,871
68$3,280,703$0$0$2,553,994
69$3,554,212$0$0$2,767,587
70$3,853,693$0$0$3,001,489
71$4,181,736$0$0$3,257,724
72$4,541,190$0$0$3,538,522
73$4,935,196$0$0$3,846,340
74$5,367,211$0$0$4,183,883
75$5,841,042$0$0$4,554,129
76$6,360,886$0$0$4,960,361
77$6,931,361$0$0$5,406,192
78$7,557,558$0$0$5,895,603
79$8,245,081$0$0$6,432,981
80$9,000,105$0$0$7,023,156
81$9,829,435$0$0$7,671,451
82$10,740,562$0$0$8,383,727
83$11,741,743$0$0$9,166,445
84$12,842,072$0$0$10,026,717
85$14,051,569$0$0$10,972,385
86$15,381,272$0$0$12,012,083
87$16,843,343$0$0$13,155,327
88$18,451,180$0$0$14,412,599
89$20,219,546$0$0$15,795,448
90$22,164,705$0$0$17,316,601
91$24,304,578$0$0$18,990,076
92$26,658,908$0$0$20,831,322
93$29,249,450$0$0$22,857,360
94$32,100,175$0$0$25,086,942
95$35,237,494$0$0$27,540,733
96$38,690,506$0$0$30,241,501
97$42,491,278$0$0$33,214,333
98$46,675,139$0$0$36,486,872
99$51,281,022$0$0$40,089,577
100$56,351,824$0$0$44,056,011