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%19.9%
1 years$90,011$89,209$88,427$87,664$86,918$83,470
2 years$44,560$43,730$42,926$42,146$41,390$37,958
3 years$29,412$28,578$27,776$27,003$26,259$22,953
4 years$21,839$21,008$20,214$19,454$18,728$15,572
5 years$17,296$16,470$15,687$14,943$14,237$11,239
6 years$14,269$13,449$12,677$11,950$11,265$8,427
7 years$12,108$11,295$10,535$9,825$9,162$6,483
8 years$10,487$9,682$8,934$8,242$7,600$5,078
9 years$9,228$8,430$7,695$7,020$6,401$4,030
10 years$8,220$7,430$6,709$6,051$5,454$3,231
11 years$7,397$6,615$5,906$5,267$4,690$2,611
12 years$6,711$5,937$5,242$4,619$4,065$2,122
13 years$6,131$5,365$4,683$4,078$3,544$1,733
14 years$5,635$4,877$4,208$3,620$3,107$1,421
15 years$5,205$4,455$3,799$3,229$2,736$1,168
16 years$4,829$4,088$3,444$2,891$2,418$963
17 years$4,498$3,765$3,134$2,597$2,144$796
18 years$4,204$3,479$2,861$2,341$1,906$658
19 years$3,941$3,224$2,619$2,115$1,699$546
20 years$3,705$2,996$2,404$1,916$1,518$453
21 years$3,491$2,790$2,211$1,739$1,358$376
22 years$3,297$2,605$2,038$1,581$1,217$312
23 years$3,121$2,436$1,882$1,440$1,093$260
24 years$2,959$2,283$1,740$1,313$982$216
25 years$2,810$2,142$1,612$1,199$884$180
26 years$2,673$2,013$1,495$1,096$796$150
27 years$2,547$1,895$1,388$1,004$718$125
28 years$2,429$1,785$1,290$919$648$104
29 years$2,320$1,684$1,201$843$585$86
30 years$2,219$1,591$1,119$774$528$72
31 years$2,124$1,504$1,043$711$478$60
32 years$2,035$1,423$973$653$432$50
33 years$1,952$1,347$908$601$391$42
34 years$1,874$1,277$849$553$354$35
35 years$1,800$1,211$794$509$321$29
36 years$1,731$1,150$742$469$291$24
37 years$1,666$1,092$695$432$263$20
38 years$1,604$1,038$651$398$239$17
39 years$1,546$987$610$367$217$14
40 years$1,490$939$571$338$196$12
41 years$1,438$894$536$312$178$10
42 years$1,388$851$503$288$162$8
43 years$1,340$811$472$266$147$7
44 years$1,295$773$443$246$133$6
45 years$1,252$737$416$227$121$5
46 years$1,211$703$390$210$110$4
47 years$1,172$671$367$194$100$3
48 years$1,134$641$345$179$91$3
49 years$1,098$612$324$165$82$2
50 years$1,064$584$305$153$75$2

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 $4,350 every year, while hoping to spend $32,053 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: 30/50/20 Blend
40$1,090,000$1,090,000$1,090,000$1,090,000
41$1,205,667$1,147,897$1,131,002$1,234,166
42$1,294,541$1,170,040$1,134,786$1,278,329
43$1,391,406$1,192,193$1,137,623$1,322,625
44$1,497,043$1,214,324$1,139,447$1,369,602
45$1,612,311$1,236,397$1,140,189$1,419,510
46$1,738,158$1,258,371$1,139,777$1,472,629
47$1,875,626$1,280,207$1,138,135$1,529,264
48$2,025,860$1,301,858$1,135,183$1,589,755
49$2,190,125$1,323,276$1,130,838$1,654,476
50$2,369,810$1,344,408$1,125,013$1,723,842
51$2,566,445$1,365,199$1,117,616$1,798,311
52$2,781,718$1,385,589$1,108,552$1,878,389
53$3,017,483$1,405,513$1,097,718$1,964,634
54$3,275,786$1,424,902$1,085,011$2,057,666
55$3,558,876$1,443,683$1,070,319$2,158,165
56$3,869,234$1,461,776$1,053,527$2,266,888
57$4,209,590$1,479,097$1,034,515$2,384,667
58$4,582,952$1,495,557$1,013,155$2,512,424
59$4,992,632$1,511,058$989,315$2,651,176
60$5,442,280$1,525,499$962,856$2,802,047
61$5,935,914$1,538,770$933,633$2,966,279
62$6,477,962$1,550,755$901,495$3,145,243
63$7,073,302$1,561,329$866,282$3,340,454
64$7,727,306$1,570,361$827,830$3,553,584
65$8,445,892$1,577,710$785,963$3,786,481
66$9,235,583$1,583,227$740,502$4,041,185
67$10,103,560$1,586,753$691,257$4,319,948
68$11,057,738$1,588,120$638,029$4,625,258
69$12,106,836$1,587,146$580,612$4,959,860
70$13,260,461$1,583,644$518,790$5,326,786
71$14,529,195$1,577,409$452,337$5,729,382
72$15,924,699$1,568,229$381,016$6,171,341
73$17,459,821$1,555,874$304,582$6,656,742
74$19,148,715$1,540,105$222,779$7,190,084
75$21,006,978$1,520,664$135,336$7,776,334
76$23,051,795$1,497,282$41,975$8,420,974
77$25,302,099$1,469,670$0$9,130,051
78$27,778,754$1,437,524$0$9,922,544
79$30,504,746$1,400,522$0$10,803,874
80$33,505,405$1,358,322$0$11,773,268
81$36,808,640$1,310,564$0$12,839,763
82$40,445,204$1,256,865$0$14,013,324
83$44,448,984$1,196,820$0$15,304,941
84$48,857,317$1,130,001$0$16,726,735
85$53,711,349$1,055,956$0$18,292,069
86$59,056,415$974,207$0$20,015,679
87$64,942,473$884,246$0$21,913,816
88$71,424,571$785,540$0$24,004,398
89$78,563,369$677,524$0$26,307,182
90$86,425,710$559,600$0$28,843,952
91$95,085,249$431,137$0$31,638,727
92$104,623,151$291,469$0$34,717,990
93$115,128,854$139,892$0$38,110,940
94$126,700,914$0$0$41,849,768
95$139,447,935$0$0$45,983,357
96$153,489,593$0$0$50,621,808
97$168,957,767$0$0$55,731,748
98$185,997,779$0$0$61,361,217
99$204,769,772$0$0$67,563,153
100$225,450,215$0$0$74,395,895