Can I retire at age 41 with 1,100,000?

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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$90,837$90,028$89,238$88,468$87,716$86,085
2 years$44,969$44,131$43,320$42,533$41,769$40,133
3 years$29,681$28,840$28,031$27,251$26,500$24,909
4 years$22,039$21,201$20,399$19,633$18,900$17,366
5 years$17,455$16,622$15,831$15,080$14,368$12,895
6 years$14,400$13,573$12,793$12,060$11,369$9,959
7 years$12,219$11,398$10,631$9,915$9,246$7,900
8 years$10,583$9,771$9,016$8,317$7,670$6,387
9 years$9,312$8,507$7,766$7,084$6,459$5,239
10 years$8,296$7,499$6,770$6,107$5,504$4,345
11 years$7,465$6,675$5,960$5,315$4,733$3,634
12 years$6,773$5,992$5,290$4,662$4,102$3,061
13 years$6,188$5,415$4,726$4,116$3,577$2,593
14 years$5,687$4,922$4,246$3,653$3,135$2,207
15 years$5,253$4,496$3,834$3,258$2,761$1,885
16 years$4,873$4,125$3,476$2,917$2,440$1,615
17 years$4,539$3,799$3,163$2,621$2,163$1,388
18 years$4,242$3,510$2,887$2,362$1,924$1,195
19 years$3,977$3,253$2,643$2,135$1,715$1,032
20 years$3,739$3,023$2,426$1,933$1,531$892
21 years$3,523$2,816$2,231$1,755$1,371$772
22 years$3,327$2,629$2,057$1,595$1,228$669
23 years$3,149$2,459$1,899$1,453$1,103$580
24 years$2,986$2,304$1,756$1,325$991$504
25 years$2,836$2,162$1,627$1,210$892$438
26 years$2,698$2,032$1,509$1,106$803$381
27 years$2,570$1,912$1,401$1,013$724$331
28 years$2,452$1,802$1,302$928$654$288
29 years$2,342$1,700$1,212$851$590$251
30 years$2,239$1,605$1,129$781$533$219
31 years$2,143$1,517$1,052$717$482$191
32 years$2,054$1,436$982$659$436$166
33 years$1,970$1,360$917$606$395$145
34 years$1,891$1,289$857$558$357$126
35 years$1,817$1,222$801$513$324$110
36 years$1,747$1,160$749$473$293$96
37 years$1,681$1,102$701$436$266$84
38 years$1,619$1,047$657$402$241$73
39 years$1,560$996$615$370$218$64
40 years$1,504$947$577$342$198$56
41 years$1,451$902$541$315$180$49
42 years$1,400$859$507$291$163$42
43 years$1,353$818$476$268$148$37
44 years$1,307$780$447$248$134$32
45 years$1,264$744$419$229$122$28
46 years$1,222$710$394$211$111$25
47 years$1,183$677$370$195$101$22
48 years$1,145$646$348$180$91$19
49 years$1,109$617$327$167$83$16
50 years$1,074$590$307$154$75$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,100,000, adding $3,987 every year, while hoping to spend $50,742 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: 52/24/24 Blend
40$1,100,000$1,100,000$1,100,000$1,100,000
41$1,216,313$1,158,013$1,140,963$1,271,242
42$1,286,387$1,160,766$1,125,196$1,312,412
43$1,361,909$1,161,954$1,107,200$1,351,648
44$1,443,380$1,161,446$1,086,847$1,393,286
45$1,531,351$1,159,103$1,064,003$1,437,573
46$1,626,429$1,154,779$1,038,527$1,484,784
47$1,729,280$1,148,318$1,010,273$1,535,227
48$1,840,635$1,139,555$979,086$1,589,241
49$1,961,300$1,128,313$944,806$1,647,203
50$2,092,160$1,114,408$907,264$1,709,532
51$2,234,188$1,097,642$866,285$1,776,694
52$2,388,455$1,077,806$821,685$1,849,202
53$2,556,138$1,054,679$773,272$1,927,629
54$2,738,532$1,028,026$720,845$2,012,609
55$2,937,064$997,600$664,194$2,104,843
56$3,153,300$963,139$603,101$2,205,111
57$3,388,967$924,363$537,335$2,314,274
58$3,645,964$880,979$466,658$2,433,288
59$3,926,382$832,676$390,820$2,563,210
60$4,232,520$779,125$309,561$2,705,212
61$4,566,913$719,978$222,607$2,860,590
62$4,932,348$654,867$129,674$3,030,779
63$5,331,895$583,403$30,466$3,217,366
64$5,768,934$505,175$0$3,422,109
65$6,247,187$419,750$0$3,666,261
66$6,770,750$326,668$0$3,942,241
67$7,344,137$225,446$0$4,244,704
68$7,972,317$115,570$0$4,576,367
69$8,660,762$0$0$4,940,229
70$9,415,499$0$0$5,340,525
71$10,243,167$0$0$5,813,081
72$11,151,077$0$0$6,331,565
73$12,147,281$0$0$6,900,589
74$13,240,650$0$0$7,525,234
75$14,440,954$0$0$8,211,097
76$15,758,957$0$0$8,964,345
77$17,206,515$0$0$9,791,769
78$18,796,688$0$0$10,700,852
79$20,543,864$0$0$11,699,836
80$22,463,895$0$0$12,797,803
81$24,574,243$0$0$14,004,757
82$26,894,145$0$0$15,331,720
83$29,444,797$0$0$16,790,835
84$32,249,551$0$0$18,395,482
85$35,334,133$0$0$20,160,399
86$38,726,889$0$0$22,101,829
87$42,459,049$0$0$24,237,664
88$46,565,023$0$0$26,587,619
89$51,082,724$0$0$29,173,418
90$56,053,924$0$0$32,018,996
91$61,524,651$0$0$35,150,724
92$67,545,618$0$0$38,597,660
93$74,172,707$0$0$42,391,823
94$81,467,487$0$0$46,568,493
95$89,497,803$0$0$51,166,543
96$98,338,412$0$0$56,228,808
97$108,071,685$0$0$61,802,487
98$118,788,390$0$0$67,939,590
99$130,588,540$0$0$74,697,424
100$143,582,342$0$0$82,139,139