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%14.1%
1 years$90,011$89,209$88,427$87,664$86,918$85,443
2 years$44,560$43,730$42,926$42,146$41,390$39,908
3 years$29,412$28,578$27,776$27,003$26,259$24,817
4 years$21,839$21,008$20,214$19,454$18,728$17,337
5 years$17,296$16,470$15,687$14,943$14,237$12,901
6 years$14,269$13,449$12,677$11,950$11,265$9,985
7 years$12,108$11,295$10,535$9,825$9,162$7,938
8 years$10,487$9,682$8,934$8,242$7,600$6,433
9 years$9,228$8,430$7,695$7,020$6,401$5,289
10 years$8,220$7,430$6,709$6,051$5,454$4,397
11 years$7,397$6,615$5,906$5,267$4,690$3,687
12 years$6,711$5,937$5,242$4,619$4,065$3,114
13 years$6,131$5,365$4,683$4,078$3,544$2,645
14 years$5,635$4,877$4,208$3,620$3,107$2,257
15 years$5,205$4,455$3,799$3,229$2,736$1,933
16 years$4,829$4,088$3,444$2,891$2,418$1,661
17 years$4,498$3,765$3,134$2,597$2,144$1,432
18 years$4,204$3,479$2,861$2,341$1,906$1,236
19 years$3,941$3,224$2,619$2,115$1,699$1,070
20 years$3,705$2,996$2,404$1,916$1,518$928
21 years$3,491$2,790$2,211$1,739$1,358$805
22 years$3,297$2,605$2,038$1,581$1,217$700
23 years$3,121$2,436$1,882$1,440$1,093$609
24 years$2,959$2,283$1,740$1,313$982$531
25 years$2,810$2,142$1,612$1,199$884$463
26 years$2,673$2,013$1,495$1,096$796$403
27 years$2,547$1,895$1,388$1,004$718$352
28 years$2,429$1,785$1,290$919$648$307
29 years$2,320$1,684$1,201$843$585$269
30 years$2,219$1,591$1,119$774$528$235
31 years$2,124$1,504$1,043$711$478$205
32 years$2,035$1,423$973$653$432$180
33 years$1,952$1,347$908$601$391$157
34 years$1,874$1,277$849$553$354$137
35 years$1,800$1,211$794$509$321$120
36 years$1,731$1,150$742$469$291$105
37 years$1,666$1,092$695$432$263$92
38 years$1,604$1,038$651$398$239$81
39 years$1,546$987$610$367$217$71
40 years$1,490$939$571$338$196$62
41 years$1,438$894$536$312$178$54
42 years$1,388$851$503$288$162$47
43 years$1,340$811$472$266$147$42
44 years$1,295$773$443$246$133$36
45 years$1,252$737$416$227$121$32
46 years$1,211$703$390$210$110$28
47 years$1,172$671$367$194$100$25
48 years$1,134$641$345$179$91$21
49 years$1,098$612$324$165$82$19
50 years$1,064$584$305$153$75$16

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 $2,868 every year, while hoping to spend $58,661 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: 62/18/20 Blend
40$1,090,000$1,090,000$1,090,000$1,090,000
41$1,204,138$1,146,368$1,129,473$1,272,402
42$1,264,546$1,140,126$1,104,896$1,312,564
43$1,329,148$1,131,611$1,077,529$1,349,594
44$1,398,313$1,120,651$1,047,217$1,388,675
45$1,472,440$1,107,062$1,013,798$1,430,012
46$1,551,970$1,090,649$977,102$1,473,836
47$1,637,387$1,071,207$936,950$1,520,401
48$1,729,220$1,048,516$893,158$1,569,990
49$1,828,052$1,022,345$845,531$1,622,916
50$1,934,522$992,448$793,865$1,679,529
51$2,049,332$958,568$737,948$1,740,215
52$2,173,254$920,428$677,560$1,805,404
53$2,307,135$877,738$612,467$1,875,573
54$2,451,907$830,190$542,428$1,951,250
55$2,608,593$777,461$467,191$2,033,020
56$2,778,318$719,205$386,491$2,121,534
57$2,962,320$655,060$300,052$2,217,512
58$3,161,960$584,641$207,587$2,321,752
59$3,378,733$507,542$108,795$2,435,136
60$3,614,287$423,335$3,362$2,558,645
61$3,870,431$331,565$0$2,693,363
62$4,149,158$231,754$0$2,863,782
63$4,452,659$123,397$0$3,050,218
64$4,783,346$5,959$0$3,253,500
65$5,143,873$0$0$3,475,333
66$5,537,162$0$0$3,741,593
67$5,966,428$0$0$4,033,573
68$6,435,210$0$0$4,352,512
69$6,947,404$0$0$4,701,068
70$7,507,299$0$0$5,082,172
71$8,119,619$0$0$5,499,050
72$8,789,562$0$0$5,955,251
73$9,522,855$0$0$6,454,687
74$10,325,801$0$0$7,001,663
75$11,205,344$0$0$7,600,921
76$12,169,128$0$0$8,257,685
77$13,225,576$0$0$8,977,704
78$14,383,959$0$0$9,767,314
79$15,654,493$0$0$10,633,491
80$17,048,428$0$0$11,583,921
81$18,578,155$0$0$12,627,068
82$20,257,324$0$0$13,772,256
83$22,100,970$0$0$15,029,756
84$24,125,656$0$0$16,410,881
85$26,349,628$0$0$17,928,097
86$28,792,984$0$0$19,595,132
87$31,477,867$0$0$21,427,114
88$34,428,669$0$0$23,440,706
89$37,672,266$0$0$25,654,267
90$41,238,263$0$0$28,088,023
91$45,159,280$0$0$30,764,259
92$49,471,254$0$0$33,707,526
93$54,213,780$0$0$36,944,873
94$59,430,482$0$0$40,506,104
95$65,169,425$0$0$44,424,055
96$71,483,567$0$0$48,734,907
97$78,431,257$0$0$53,478,522
98$86,076,787$0$0$58,698,826
99$94,490,996$0$0$64,444,213
100$103,751,936$0$0$70,768,010