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

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 $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%17.9%
1 years$90,011$89,209$88,427$87,664$86,918$84,136
2 years$44,560$43,730$42,926$42,146$41,390$38,612
3 years$29,412$28,578$27,776$27,003$26,259$23,574
4 years$21,839$21,008$20,214$19,454$18,728$16,155
5 years$17,296$16,470$15,687$14,943$14,237$11,784
6 years$14,269$13,449$12,677$11,950$11,265$8,933
7 years$12,108$11,295$10,535$9,825$9,162$6,951
8 years$10,487$9,682$8,934$8,242$7,600$5,510
9 years$9,228$8,430$7,695$7,020$6,401$4,427
10 years$8,220$7,430$6,709$6,051$5,454$3,595
11 years$7,397$6,615$5,906$5,267$4,690$2,942
12 years$6,711$5,937$5,242$4,619$4,065$2,424
13 years$6,131$5,365$4,683$4,078$3,544$2,007
14 years$5,635$4,877$4,208$3,620$3,107$1,668
15 years$5,205$4,455$3,799$3,229$2,736$1,392
16 years$4,829$4,088$3,444$2,891$2,418$1,164
17 years$4,498$3,765$3,134$2,597$2,144$976
18 years$4,204$3,479$2,861$2,341$1,906$820
19 years$3,941$3,224$2,619$2,115$1,699$689
20 years$3,705$2,996$2,404$1,916$1,518$581
21 years$3,491$2,790$2,211$1,739$1,358$490
22 years$3,297$2,605$2,038$1,581$1,217$413
23 years$3,121$2,436$1,882$1,440$1,093$349
24 years$2,959$2,283$1,740$1,313$982$295
25 years$2,810$2,142$1,612$1,199$884$250
26 years$2,673$2,013$1,495$1,096$796$211
27 years$2,547$1,895$1,388$1,004$718$179
28 years$2,429$1,785$1,290$919$648$151
29 years$2,320$1,684$1,201$843$585$128
30 years$2,219$1,591$1,119$774$528$109
31 years$2,124$1,504$1,043$711$478$92
32 years$2,035$1,423$973$653$432$78
33 years$1,952$1,347$908$601$391$66
34 years$1,874$1,277$849$553$354$56
35 years$1,800$1,211$794$509$321$47
36 years$1,731$1,150$742$469$291$40
37 years$1,666$1,092$695$432$263$34
38 years$1,604$1,038$651$398$239$29
39 years$1,546$987$610$367$217$25
40 years$1,490$939$571$338$196$21
41 years$1,438$894$536$312$178$18
42 years$1,388$851$503$288$162$15
43 years$1,340$811$472$266$147$13
44 years$1,295$773$443$246$133$11
45 years$1,252$737$416$227$121$9
46 years$1,211$703$390$210$110$8
47 years$1,172$671$367$194$100$7
48 years$1,134$641$345$179$91$6
49 years$1,098$612$324$165$82$5
50 years$1,064$584$305$153$75$4

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 $6,341 every year, while hoping to spend $52,057 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: 67/6/27 Blend
40$1,090,000$1,090,000$1,090,000$1,090,000
41$1,207,721$1,149,951$1,133,056$1,279,735
42$1,275,520$1,150,910$1,115,625$1,329,964
43$1,348,490$1,150,172$1,095,865$1,378,421
44$1,427,103$1,147,597$1,073,644$1,430,246
45$1,511,879$1,143,041$1,048,822$1,485,775
46$1,603,387$1,136,346$1,021,254$1,545,379
47$1,702,253$1,127,348$990,787$1,609,466
48$1,809,166$1,115,871$957,262$1,678,491
49$1,924,883$1,101,731$920,512$1,752,953
50$2,050,236$1,084,730$880,363$1,833,407
51$2,186,138$1,064,660$836,634$1,920,463
52$2,333,596$1,041,300$789,132$2,014,797
53$2,493,715$1,014,416$737,661$2,117,155
54$2,667,712$983,761$682,011$2,228,363
55$2,856,926$949,072$621,965$2,349,332
56$3,062,828$910,073$557,297$2,481,068
57$3,287,039$866,469$487,769$2,624,682
58$3,531,342$817,950$413,134$2,781,403
59$3,797,697$764,188$333,132$2,952,586
60$4,088,265$704,836$247,495$3,139,729
61$4,405,421$639,526$155,939$3,344,485
62$4,751,782$567,871$58,172$3,568,678
63$5,130,228$489,461$0$3,814,324
64$5,543,929$403,862$0$4,096,947
65$5,996,376$310,617$0$4,424,452
66$6,491,411$209,243$0$4,782,868
67$7,033,267$99,228$0$5,175,289
68$7,626,605$0$0$5,605,118
69$8,276,555$0$0$6,077,428
70$8,988,769$0$0$6,602,230
71$9,769,471$0$0$7,177,565
72$10,625,516$0$0$7,808,495
73$11,564,453$0$0$8,500,593
74$12,594,599$0$0$9,259,997
75$13,725,113$0$0$10,093,469
76$14,966,083$0$0$11,008,457
77$16,328,625$0$0$12,013,165
78$17,824,980$0$0$13,116,632
79$19,468,635$0$0$14,328,814
80$21,274,445$0$0$15,660,678
81$23,258,779$0$0$17,124,307
82$25,439,667$0$0$18,733,013
83$27,836,972$0$0$20,501,461
84$30,472,580$0$0$22,445,808
85$33,370,602$0$0$24,583,854
86$36,557,601$0$0$26,935,211
87$40,062,845$0$0$29,521,485
88$43,918,579$0$0$32,366,485
89$48,160,332$0$0$35,496,439
90$52,827,248$0$0$38,940,249
91$57,962,459$0$0$42,729,758
92$63,613,486$0$0$46,900,050
93$69,832,692$0$0$51,489,787
94$76,677,772$0$0$56,541,563
95$84,212,298$0$0$62,102,314
96$92,506,317$0$0$68,223,758
97$101,637,013$0$0$74,962,880
98$111,689,435$0$0$82,382,471
99$122,757,296$0$0$90,551,723
100$134,943,857$0$0$99,546,874