Can I retire at age 41 with 1,090,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$90,011$89,209$88,427$87,664$86,918$84,817
2 years$44,560$43,730$42,926$42,146$41,390$39,285
3 years$29,412$28,578$27,776$27,003$26,259$24,218
4 years$21,839$21,008$20,214$19,454$18,728$16,765
5 years$17,296$16,470$15,687$14,943$14,237$12,358
6 years$14,269$13,449$12,677$11,950$11,265$9,472
7 years$12,108$11,295$10,535$9,825$9,162$7,454
8 years$10,487$9,682$8,934$8,242$7,600$5,978
9 years$9,228$8,430$7,695$7,020$6,401$4,862
10 years$8,220$7,430$6,709$6,051$5,454$3,998
11 years$7,397$6,615$5,906$5,267$4,690$3,314
12 years$6,711$5,937$5,242$4,619$4,065$2,766
13 years$6,131$5,365$4,683$4,078$3,544$2,322
14 years$5,635$4,877$4,208$3,620$3,107$1,957
15 years$5,205$4,455$3,799$3,229$2,736$1,655
16 years$4,829$4,088$3,444$2,891$2,418$1,405
17 years$4,498$3,765$3,134$2,597$2,144$1,195
18 years$4,204$3,479$2,861$2,341$1,906$1,019
19 years$3,941$3,224$2,619$2,115$1,699$870
20 years$3,705$2,996$2,404$1,916$1,518$744
21 years$3,491$2,790$2,211$1,739$1,358$637
22 years$3,297$2,605$2,038$1,581$1,217$546
23 years$3,121$2,436$1,882$1,440$1,093$469
24 years$2,959$2,283$1,740$1,313$982$402
25 years$2,810$2,142$1,612$1,199$884$346
26 years$2,673$2,013$1,495$1,096$796$297
27 years$2,547$1,895$1,388$1,004$718$256
28 years$2,429$1,785$1,290$919$648$220
29 years$2,320$1,684$1,201$843$585$189
30 years$2,219$1,591$1,119$774$528$163
31 years$2,124$1,504$1,043$711$478$141
32 years$2,035$1,423$973$653$432$121
33 years$1,952$1,347$908$601$391$104
34 years$1,874$1,277$849$553$354$90
35 years$1,800$1,211$794$509$321$78
36 years$1,731$1,150$742$469$291$67
37 years$1,666$1,092$695$432$263$58
38 years$1,604$1,038$651$398$239$50
39 years$1,546$987$610$367$217$43
40 years$1,490$939$571$338$196$37
41 years$1,438$894$536$312$178$32
42 years$1,388$851$503$288$162$27
43 years$1,340$811$472$266$147$24
44 years$1,295$773$443$246$133$20
45 years$1,252$737$416$227$121$18
46 years$1,211$703$390$210$110$15
47 years$1,172$671$367$194$100$13
48 years$1,134$641$345$179$91$11
49 years$1,098$612$324$165$82$10
50 years$1,064$584$305$153$75$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,090,000, adding $5,137 every year, while hoping to spend $31,069 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: 52/37/11 Blend
40$1,090,000$1,090,000$1,090,000$1,090,000
41$1,206,479$1,148,709$1,131,814$1,265,483
42$1,296,482$1,171,938$1,136,672$1,329,498
43$1,394,625$1,195,265$1,140,652$1,395,322
44$1,501,704$1,218,660$1,143,692$1,466,189
45$1,618,598$1,242,094$1,145,725$1,542,583
46$1,746,271$1,265,533$1,146,683$1,625,037
47$1,885,789$1,288,942$1,146,495$1,714,138
48$2,038,321$1,312,282$1,145,084$1,810,535
49$2,205,157$1,335,512$1,142,372$1,914,941
50$2,387,717$1,358,586$1,138,276$2,028,142
51$2,587,564$1,381,456$1,132,707$2,151,005
52$2,806,418$1,404,070$1,125,575$2,284,487
53$3,046,175$1,426,372$1,116,785$2,429,640
54$3,308,923$1,448,302$1,106,235$2,587,627
55$3,596,961$1,469,796$1,093,822$2,759,729
56$3,912,820$1,490,785$1,079,433$2,947,356
57$4,259,289$1,511,195$1,062,956$3,152,065
58$4,639,439$1,530,947$1,044,268$3,375,573
59$5,056,655$1,549,956$1,023,244$3,619,770
60$5,514,663$1,568,133$999,752$3,886,743
61$6,017,567$1,585,380$973,652$4,178,791
62$6,569,891$1,601,596$944,801$4,498,449
63$7,176,615$1,616,669$913,048$4,848,512
64$7,843,229$1,630,484$878,233$5,232,061
65$8,575,776$1,642,916$840,192$5,652,495
66$9,380,918$1,653,832$798,752$6,113,558
67$10,265,993$1,663,091$753,731$6,619,381
68$11,239,085$1,670,543$704,941$7,174,516
69$12,309,099$1,676,027$652,185$7,783,983
70$13,485,849$1,679,375$595,255$8,453,315
71$14,780,146$1,680,405$533,937$9,188,614
72$16,203,902$1,678,926$468,004$9,996,605
73$17,770,241$1,674,734$397,223$10,884,703
74$19,493,623$1,667,613$321,347$11,861,084
75$21,389,980$1,657,334$240,120$12,934,759
76$23,476,868$1,643,653$153,275$14,115,664
77$25,773,630$1,626,313$60,530$15,414,750
78$28,301,578$1,605,041$0$16,844,092
79$31,084,197$1,579,545$0$18,421,513
80$34,147,362$1,549,520$0$20,165,049
81$37,519,587$1,514,640$0$22,083,799
82$41,232,287$1,474,560$0$24,195,633
83$45,320,083$1,428,916$0$26,520,248
84$49,821,121$1,377,322$0$29,079,353
85$54,777,433$1,319,369$0$31,896,876
86$60,235,338$1,254,625$0$34,999,191
87$66,245,873$1,182,632$0$38,415,367
88$72,865,279$1,102,907$0$42,177,445
89$80,155,527$1,014,940$0$46,320,737
90$88,184,907$918,188$0$50,884,168
91$97,028,670$812,082$0$55,910,635
92$106,769,737$696,016$0$61,447,423
93$117,499,483$569,354$0$67,546,645
94$129,318,599$431,421$0$74,265,738
95$142,338,042$281,506$0$81,668,010
96$156,680,079$118,857$0$89,823,233
97$172,479,446$0$0$98,808,307
98$189,884,616$0$0$108,731,325
99$209,059,199$0$0$119,716,604
100$230,183,490$0$0$131,819,063