Can I retire at age 41 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$36,335$36,011$35,695$35,387$35,086$34,100
2 years$17,988$17,653$17,328$17,013$16,708$15,721
3 years$11,873$11,536$11,212$10,900$10,600$9,645
4 years$8,816$8,480$8,160$7,853$7,560$6,643
5 years$6,982$6,649$6,332$6,032$5,747$4,871
6 years$5,760$5,429$5,117$4,824$4,547$3,713
7 years$4,887$4,559$4,253$3,966$3,698$2,906
8 years$4,233$3,908$3,607$3,327$3,068$2,317
9 years$3,725$3,403$3,106$2,834$2,584$1,873
10 years$3,318$2,999$2,708$2,443$2,201$1,530
11 years$2,986$2,670$2,384$2,126$1,893$1,261
12 years$2,709$2,397$2,116$1,865$1,641$1,045
13 years$2,475$2,166$1,890$1,646$1,431$871
14 years$2,275$1,969$1,699$1,461$1,254$729
15 years$2,101$1,798$1,534$1,303$1,104$613
16 years$1,949$1,650$1,390$1,167$976$516
17 years$1,816$1,520$1,265$1,049$865$436
18 years$1,697$1,404$1,155$945$769$369
19 years$1,591$1,301$1,057$854$686$313
20 years$1,495$1,209$970$773$613$265
21 years$1,409$1,126$893$702$548$226
22 years$1,331$1,051$823$638$491$192
23 years$1,260$983$760$581$441$163
24 years$1,194$921$702$530$396$139
25 years$1,134$865$651$484$357$119
26 years$1,079$813$603$443$321$101
27 years$1,028$765$560$405$290$86
28 years$981$721$521$371$261$74
29 years$937$680$485$340$236$63
30 years$896$642$452$312$213$54
31 years$857$607$421$287$193$46
32 years$822$574$393$264$174$39
33 years$788$544$367$242$158$34
34 years$756$515$343$223$143$29
35 years$727$489$320$205$129$24
36 years$699$464$300$189$117$21
37 years$672$441$280$174$106$18
38 years$648$419$263$161$96$15
39 years$624$398$246$148$87$13
40 years$602$379$231$137$79$11
41 years$580$361$216$126$72$10
42 years$560$344$203$116$65$8
43 years$541$327$190$107$59$7
44 years$523$312$179$99$54$6
45 years$505$298$168$92$49$5
46 years$489$284$158$85$44$4
47 years$473$271$148$78$40$4
48 years$458$259$139$72$37$3
49 years$443$247$131$67$33$3
50 years$430$236$123$62$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $440,000, adding $3,587 every year, while hoping to spend $22,907 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: 67/21/12 Blend
40$440,000$440,000$440,000$440,000
41$488,580$465,260$458,440$519,780
42$514,042$463,685$449,425$539,435
43$541,334$461,265$439,340$557,865
44$570,617$457,934$428,125$577,427
45$602,071$453,624$415,718$598,230
46$635,890$448,259$402,053$620,393
47$672,290$441,763$387,060$644,050
48$711,506$434,051$370,669$669,347
49$753,797$425,037$352,804$696,447
50$799,448$414,628$333,387$725,531
51$848,771$402,724$312,335$756,797
52$902,111$389,222$289,563$790,465
53$959,844$374,012$264,981$826,778
54$1,022,386$356,977$238,496$866,008
55$1,090,193$337,993$210,009$908,450
56$1,163,768$316,929$179,420$954,434
57$1,243,662$293,649$146,620$1,004,325
58$1,330,483$268,005$111,499$1,058,524
59$1,424,898$239,843$73,941$1,117,478
60$1,527,644$209,001$33,823$1,181,677
61$1,639,527$175,306$0$1,251,664
62$1,761,439$138,576$0$1,329,193
63$1,894,358$98,619$0$1,418,471
64$2,039,362$55,231$0$1,515,914
65$2,197,638$8,198$0$1,622,352
66$2,370,491$0$0$1,738,698
67$2,559,359$0$0$1,875,829
68$2,765,824$0$0$2,027,835
69$2,991,629$0$0$2,194,106
70$3,238,693$0$0$2,376,059
71$3,509,128$0$0$2,575,253
72$3,805,259$0$0$2,793,405
73$4,129,650$0$0$3,032,406
74$4,485,120$0$0$3,294,338
75$4,874,777$0$0$3,581,496
76$5,302,043$0$0$3,896,404
77$5,770,685$0$0$4,241,845
78$6,284,857$0$0$4,620,883
79$6,849,128$0$0$5,036,894
80$7,468,537$0$0$5,493,596
81$8,148,631$0$0$5,995,083
82$8,895,521$0$0$6,545,869
83$9,715,939$0$0$7,150,921
84$10,617,301$0$0$7,815,717
85$11,607,778$0$0$8,546,287
86$12,696,371$0$0$9,349,276
87$13,892,994$0$0$10,232,005
88$15,208,574$0$0$11,202,538
89$16,655,145$0$0$12,269,763
90$18,245,968$0$0$13,443,469
91$19,995,654$0$0$14,734,441
92$21,920,298$0$0$16,154,564
93$24,037,635$0$0$17,716,933
94$26,367,208$0$0$19,435,972
95$28,930,545$0$0$21,327,579
96$31,751,371$0$0$23,409,268
97$34,855,822$0$0$25,700,336
98$38,272,701$0$0$28,222,048
99$42,033,741$0$0$30,997,834
100$46,173,910$0$0$34,053,510