Can I retire at age 40 with 475,000?

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 $475,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$39,225$38,876$38,535$38,202$37,877$36,461
2 years$19,418$19,057$18,706$18,366$18,037$16,626
3 years$12,817$12,454$12,104$11,768$11,443$10,082
4 years$9,517$9,155$8,809$8,478$8,161$6,861
5 years$7,537$7,178$6,836$6,512$6,204$4,968
6 years$6,218$5,861$5,524$5,208$4,909$3,737
7 years$5,276$4,922$4,591$4,281$3,992$2,885
8 years$4,570$4,219$3,893$3,592$3,312$2,268
9 years$4,021$3,673$3,353$3,059$2,789$1,807
10 years$3,582$3,238$2,924$2,637$2,377$1,454
11 years$3,223$2,883$2,574$2,295$2,044$1,179
12 years$2,925$2,587$2,284$2,013$1,771$962
13 years$2,672$2,338$2,041$1,777$1,545$789
14 years$2,456$2,125$1,834$1,578$1,354$650
15 years$2,268$1,941$1,656$1,407$1,192$537
16 years$2,104$1,781$1,501$1,260$1,054$444
17 years$1,960$1,640$1,366$1,132$934$369
18 years$1,832$1,516$1,247$1,020$831$306
19 years$1,717$1,405$1,141$922$740$255
20 years$1,614$1,306$1,048$835$661$213
21 years$1,521$1,216$964$758$592$177
22 years$1,437$1,135$888$689$530$148
23 years$1,360$1,062$820$627$476$124
24 years$1,289$995$758$572$428$103
25 years$1,225$933$702$523$385$86
26 years$1,165$877$651$478$347$72
27 years$1,110$826$605$437$313$61
28 years$1,059$778$562$401$282$51
29 years$1,011$734$523$367$255$42
30 years$967$693$487$337$230$36
31 years$926$655$454$310$208$30
32 years$887$620$424$285$188$25
33 years$851$587$396$262$170$21
34 years$817$556$370$241$154$17
35 years$785$528$346$222$140$15
36 years$754$501$323$204$127$12
37 years$726$476$303$188$115$10
38 years$699$452$284$173$104$9
39 years$674$430$266$160$94$7
40 years$649$409$249$147$86$6
41 years$626$389$233$136$78$5
42 years$605$371$219$126$70$4
43 years$584$353$206$116$64$4
44 years$564$337$193$107$58$3
45 years$546$321$181$99$53$3
46 years$528$306$170$91$48$2
47 years$511$292$160$84$43$2
48 years$494$279$150$78$39$1
49 years$479$267$141$72$36$1
50 years$464$255$133$67$33$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $475,000, adding $2,714 every year, while hoping to spend $34,307 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: 30/49/21 Blend
39$475,000$475,000$475,000$475,000
40$526,249$501,074$493,712$538,516
41$543,425$489,125$473,749$536,141
42$561,202$475,440$451,967$530,328
43$579,606$459,898$428,270$523,354
44$598,664$442,371$402,555$515,140
45$618,404$422,724$374,717$505,603
46$638,856$400,812$344,645$494,655
47$660,052$376,484$312,223$482,203
48$682,024$349,579$277,329$468,150
49$704,809$319,926$239,838$452,392
50$728,444$287,348$199,618$434,822
51$752,970$251,652$156,529$415,324
52$778,430$212,640$110,430$393,780
53$804,869$170,099$61,169$370,063
54$832,337$123,805$8,589$344,039
55$860,886$73,522$0$315,570
56$890,572$19,000$0$295,157
57$921,454$0$0$274,743
58$953,599$0$0$273,861
59$987,074$0$0$283,624
60$1,021,953$0$0$293,810
61$1,058,318$0$0$304,445
62$1,096,254$0$0$315,555
63$1,135,854$0$0$327,171
64$1,177,219$0$0$339,323
65$1,220,456$0$0$352,047
66$1,265,683$0$0$365,378
67$1,313,026$0$0$379,359
68$1,362,623$0$0$394,032
69$1,414,623$0$0$409,444
70$1,469,186$0$0$425,649
71$1,526,489$0$0$442,701
72$1,586,720$0$0$460,662
73$1,650,088$0$0$479,598
74$1,716,818$0$0$499,583
75$1,787,154$0$0$520,694
76$1,861,364$0$0$543,018
77$1,939,739$0$0$566,650
78$2,022,596$0$0$591,692
79$2,110,283$0$0$618,256
80$2,203,177$0$0$646,466
81$2,301,692$0$0$676,455
82$2,406,279$0$0$708,370
83$2,517,434$0$0$742,373
84$2,635,697$0$0$778,639
85$2,761,660$0$0$817,362
86$2,895,970$0$0$858,752
87$3,039,337$0$0$903,041
88$3,192,539$0$0$950,484
89$3,356,428$0$0$1,001,360
90$3,531,938$0$0$1,055,973
91$3,720,095$0$0$1,114,659
92$3,922,023$0$0$1,177,788
93$4,138,955$0$0$1,245,762
94$4,372,247$0$0$1,319,027
95$4,623,384$0$0$1,398,070
96$4,894,000$0$0$1,483,428
97$5,185,889$0$0$1,575,689
98$5,501,020$0$0$1,675,500
99$5,841,559$0$0$1,783,573
100$6,209,885$0$0$1,900,691