Can I retire at age 40 with 479,000?

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 $479,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$39,555$39,203$38,859$38,524$38,196$37,364
2 years$19,582$19,217$18,864$18,521$18,189$17,354
3 years$12,925$12,559$12,206$11,867$11,540$10,729
4 years$9,597$9,232$8,883$8,549$8,230$7,450
5 years$7,601$7,238$6,893$6,567$6,256$5,509
6 years$6,271$5,910$5,571$5,251$4,951$4,236
7 years$5,321$4,963$4,630$4,317$4,026$3,345
8 years$4,609$4,255$3,926$3,622$3,340$2,692
9 years$4,055$3,704$3,382$3,085$2,813$2,198
10 years$3,612$3,265$2,948$2,659$2,397$1,813
11 years$3,251$2,907$2,596$2,314$2,061$1,509
12 years$2,949$2,609$2,303$2,030$1,786$1,265
13 years$2,694$2,358$2,058$1,792$1,558$1,066
14 years$2,476$2,143$1,849$1,591$1,365$902
15 years$2,287$1,958$1,670$1,419$1,202$766
16 years$2,122$1,796$1,514$1,270$1,062$653
17 years$1,977$1,654$1,377$1,141$942$558
18 years$1,847$1,529$1,257$1,029$838$478
19 years$1,732$1,417$1,151$929$747$410
20 years$1,628$1,317$1,056$842$667$352
21 years$1,534$1,226$972$764$597$303
22 years$1,449$1,145$896$695$535$261
23 years$1,371$1,071$827$633$480$225
24 years$1,300$1,003$765$577$432$194
25 years$1,235$941$708$527$388$167
26 years$1,175$885$657$482$350$145
27 years$1,119$833$610$441$315$125
28 years$1,068$785$567$404$285$108
29 years$1,020$740$528$371$257$94
30 years$975$699$492$340$232$81
31 years$933$661$458$312$210$70
32 years$894$625$428$287$190$61
33 years$858$592$399$264$172$53
34 years$823$561$373$243$156$46
35 years$791$532$349$224$141$39
36 years$761$505$326$206$128$34
37 years$732$480$305$190$116$30
38 years$705$456$286$175$105$26
39 years$679$434$268$161$95$22
40 years$655$413$251$149$86$19
41 years$632$393$235$137$78$17
42 years$610$374$221$127$71$15
43 years$589$356$207$117$64$13
44 years$569$340$195$108$59$11
45 years$550$324$183$100$53$9
46 years$532$309$172$92$48$8
47 years$515$295$161$85$44$7
48 years$498$282$151$79$40$6
49 years$483$269$142$73$36$5
50 years$468$257$134$67$33$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $479,000, adding $4,466 every year, while hoping to spend $37,750 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: 86/8/6 Blend
39$479,000$479,000$479,000$479,000
40$532,465$507,078$499,653$577,733
41$546,610$491,759$476,226$592,594
42$560,934$474,424$450,748$603,253
43$575,413$454,935$423,113$613,748
44$590,023$433,144$393,205$624,037
45$604,734$408,898$360,906$634,072
46$619,514$382,031$326,093$643,800
47$634,324$352,370$288,637$653,162
48$649,121$319,731$248,402$662,093
49$663,854$283,921$205,247$670,523
50$678,470$244,736$159,025$678,371
51$692,903$201,957$109,581$685,550
52$707,083$155,357$56,756$691,965
53$720,930$104,694$382$697,507
54$734,354$49,713$0$702,060
55$747,253$0$0$709,321
56$759,515$0$0$716,464
57$771,013$0$0$727,255
58$781,606$0$0$737,185
59$791,135$0$0$746,105
60$799,425$0$0$753,846
61$806,281$0$0$760,224
62$811,482$0$0$765,031
63$814,788$0$0$768,037
64$815,928$0$0$768,986
65$814,602$0$0$767,594
66$810,477$0$0$763,546
67$803,185$0$0$756,491
68$792,315$0$0$746,041
69$777,413$0$0$731,765
70$757,976$0$0$713,187
71$733,446$0$0$689,777
72$703,206$0$0$660,950
73$666,572$0$0$626,059
74$622,789$0$0$584,386
75$571,019$0$0$535,138
76$510,336$0$0$477,438
77$439,718$0$0$410,316
78$358,032$0$0$332,699
79$264,029$0$0$243,402
80$156,326$0$0$141,114
81$33,396$0$0$24,389
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0