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%12.7%
1 years$90,837$90,028$89,238$88,468$87,716$86,727
2 years$44,969$44,131$43,320$42,533$41,769$40,775
3 years$29,681$28,840$28,031$27,251$26,500$25,530
4 years$22,039$21,201$20,399$19,633$18,900$17,961
5 years$17,455$16,622$15,831$15,080$14,368$13,463
6 years$14,400$13,573$12,793$12,060$11,369$10,500
7 years$12,219$11,398$10,631$9,915$9,246$8,413
8 years$10,583$9,771$9,016$8,317$7,670$6,873
9 years$9,312$8,507$7,766$7,084$6,459$5,698
10 years$8,296$7,499$6,770$6,107$5,504$4,777
11 years$7,465$6,675$5,960$5,315$4,733$4,042
12 years$6,773$5,992$5,290$4,662$4,102$3,444
13 years$6,188$5,415$4,726$4,116$3,577$2,952
14 years$5,687$4,922$4,246$3,653$3,135$2,542
15 years$5,253$4,496$3,834$3,258$2,761$2,199
16 years$4,873$4,125$3,476$2,917$2,440$1,908
17 years$4,539$3,799$3,163$2,621$2,163$1,660
18 years$4,242$3,510$2,887$2,362$1,924$1,449
19 years$3,977$3,253$2,643$2,135$1,715$1,267
20 years$3,739$3,023$2,426$1,933$1,531$1,110
21 years$3,523$2,816$2,231$1,755$1,371$974
22 years$3,327$2,629$2,057$1,595$1,228$855
23 years$3,149$2,459$1,899$1,453$1,103$752
24 years$2,986$2,304$1,756$1,325$991$662
25 years$2,836$2,162$1,627$1,210$892$584
26 years$2,698$2,032$1,509$1,106$803$515
27 years$2,570$1,912$1,401$1,013$724$455
28 years$2,452$1,802$1,302$928$654$401
29 years$2,342$1,700$1,212$851$590$355
30 years$2,239$1,605$1,129$781$533$314
31 years$2,143$1,517$1,052$717$482$277
32 years$2,054$1,436$982$659$436$245
33 years$1,970$1,360$917$606$395$217
34 years$1,891$1,289$857$558$357$192
35 years$1,817$1,222$801$513$324$170
36 years$1,747$1,160$749$473$293$151
37 years$1,681$1,102$701$436$266$134
38 years$1,619$1,047$657$402$241$118
39 years$1,560$996$615$370$218$105
40 years$1,504$947$577$342$198$93
41 years$1,451$902$541$315$180$82
42 years$1,400$859$507$291$163$73
43 years$1,353$818$476$268$148$65
44 years$1,307$780$447$248$134$57
45 years$1,264$744$419$229$122$51
46 years$1,222$710$394$211$111$45
47 years$1,183$677$370$195$101$40
48 years$1,145$646$348$180$91$36
49 years$1,109$617$327$167$83$32
50 years$1,074$590$307$154$75$28

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 $5,871 every year, while hoping to spend $47,367 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: 62/16/22 Blend
40$1,100,000$1,100,000$1,100,000$1,100,000
41$1,218,256$1,159,956$1,142,906$1,286,436
42$1,292,120$1,166,396$1,130,795$1,339,658
43$1,371,930$1,171,563$1,116,691$1,391,973
44$1,458,244$1,175,347$1,100,477$1,448,023
45$1,551,673$1,177,626$1,082,031$1,508,178
46$1,652,889$1,178,275$1,061,224$1,572,848
47$1,762,631$1,177,159$1,037,923$1,642,484
48$1,881,714$1,174,134$1,011,988$1,717,587
49$2,011,031$1,169,049$983,271$1,798,709
50$2,151,566$1,161,742$951,621$1,886,460
51$2,304,400$1,152,042$916,875$1,981,514
52$2,470,726$1,139,768$878,867$2,084,616
53$2,651,851$1,124,728$837,420$2,196,590
54$2,849,218$1,106,719$792,352$2,318,345
55$3,064,414$1,085,523$743,471$2,450,884
56$3,299,183$1,060,913$690,577$2,595,317
57$3,555,448$1,032,646$633,459$2,752,869
58$3,835,325$1,000,466$571,901$2,924,893
59$4,141,141$964,102$505,673$3,112,882
60$4,475,461$923,267$434,536$3,318,485
61$4,841,107$877,656$358,242$3,543,524
62$5,241,187$826,948$276,530$3,790,010
63$5,679,123$770,804$189,129$4,060,162
64$6,158,684$708,864$95,756$4,356,429
65$6,684,019$640,747$0$4,681,517
66$7,259,699$566,054$0$5,039,324
67$7,890,756$484,358$0$5,456,278
68$8,582,734$395,212$0$5,913,589
69$9,341,738$298,143$0$6,415,350
70$10,174,492$192,649$0$6,966,068
71$11,088,404$78,203$0$7,570,718
72$12,091,633$0$0$8,234,778
73$13,193,166$0$0$8,972,345
74$14,402,903$0$0$9,797,571
75$15,731,751$0$0$10,704,136
76$17,191,722$0$0$11,700,248
77$18,796,055$0$0$12,794,948
78$20,559,328$0$0$13,998,198
79$22,497,607$0$0$15,320,972
80$24,628,589$0$0$16,775,360
81$26,971,772$0$0$18,374,682
82$29,548,638$0$0$20,133,615
83$32,382,856$0$0$22,068,327
84$35,500,502$0$0$24,196,634
85$38,930,307$0$0$26,538,164
86$42,703,929$0$0$29,114,545
87$46,856,246$0$0$31,949,606
88$51,425,689$0$0$35,069,602
89$56,454,605$0$0$38,503,464
90$61,989,649$0$0$42,283,067
91$68,082,233$0$0$46,443,536
92$74,789,005$0$0$51,023,573
93$82,172,383$0$0$56,065,820
94$90,301,144$0$0$61,617,270
95$99,251,075$0$0$67,729,698
96$109,105,684$0$0$74,460,159
97$119,956,990$0$0$81,871,521
98$131,906,389$0$0$90,033,060
99$145,065,610$0$0$99,021,111
100$159,557,773$0$0$108,919,790