Can I retire at age 41 with 1,110,000?

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 $1,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$91,663$90,846$90,050$89,272$88,513$86,939
2 years$45,378$44,532$43,713$42,919$42,149$40,569
3 years$29,951$29,102$28,285$27,499$26,741$25,204
4 years$22,240$21,393$20,585$19,811$19,072$17,589
5 years$17,614$16,773$15,974$15,217$14,498$13,075
6 years$14,531$13,696$12,910$12,169$11,472$10,109
7 years$12,330$11,502$10,728$10,005$9,330$8,027
8 years$10,680$9,859$9,098$8,393$7,740$6,498
9 years$9,397$8,584$7,836$7,149$6,518$5,336
10 years$8,371$7,567$6,832$6,162$5,554$4,431
11 years$7,533$6,736$6,015$5,363$4,776$3,711
12 years$6,834$6,046$5,338$4,704$4,139$3,130
13 years$6,244$5,464$4,769$4,153$3,609$2,655
14 years$5,738$4,966$4,285$3,687$3,164$2,262
15 years$5,300$4,537$3,869$3,288$2,786$1,935
16 years$4,918$4,163$3,508$2,944$2,462$1,661
17 years$4,580$3,834$3,192$2,645$2,183$1,429
18 years$4,281$3,542$2,914$2,384$1,941$1,232
19 years$4,013$3,283$2,667$2,154$1,730$1,065
20 years$3,773$3,051$2,448$1,951$1,545$922
21 years$3,555$2,842$2,252$1,770$1,383$799
22 years$3,358$2,653$2,075$1,610$1,240$694
23 years$3,178$2,481$1,916$1,466$1,113$603
24 years$3,013$2,324$1,772$1,337$1,000$524
25 years$2,862$2,181$1,641$1,221$900$456
26 years$2,722$2,050$1,522$1,117$811$397
27 years$2,593$1,929$1,414$1,022$731$346
28 years$2,474$1,818$1,314$936$660$302
29 years$2,363$1,715$1,223$859$596$263
30 years$2,259$1,620$1,139$788$538$230
31 years$2,163$1,531$1,062$724$486$200
32 years$2,073$1,449$991$665$440$175
33 years$1,988$1,372$925$612$398$153
34 years$1,908$1,300$864$563$361$134
35 years$1,833$1,233$808$518$327$117
36 years$1,763$1,171$756$477$296$102
37 years$1,696$1,112$708$440$268$89
38 years$1,633$1,057$663$405$243$78
39 years$1,574$1,005$621$374$220$68
40 years$1,518$956$582$345$200$60
41 years$1,464$910$546$318$181$52
42 years$1,413$867$512$293$165$46
43 years$1,365$826$480$271$149$40
44 years$1,319$787$451$250$136$35
45 years$1,275$751$423$231$123$30
46 years$1,233$716$398$213$112$27
47 years$1,193$683$373$197$102$23
48 years$1,155$652$351$182$92$20
49 years$1,119$623$330$168$84$18
50 years$1,084$595$310$156$76$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,110,000, adding $5,797 every year, while hoping to spend $26,620 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: 74/7/19 Blend
40$1,110,000$1,110,000$1,110,000$1,110,000
41$1,229,200$1,170,370$1,153,165$1,314,259
42$1,326,254$1,199,394$1,163,472$1,400,486
43$1,432,317$1,228,949$1,173,233$1,491,141
44$1,548,277$1,259,031$1,182,400$1,589,792
45$1,675,116$1,289,639$1,190,925$1,697,229
46$1,813,914$1,320,767$1,198,757$1,814,322
47$1,965,858$1,352,410$1,205,841$1,942,031
48$2,132,260$1,384,561$1,212,120$2,081,411
49$2,314,559$1,417,214$1,217,535$2,233,625
50$2,514,345$1,450,358$1,222,023$2,399,956
51$2,733,365$1,483,983$1,225,518$2,581,815
52$2,973,546$1,518,075$1,227,951$2,780,759
53$3,237,008$1,552,622$1,229,248$2,998,503
54$3,526,089$1,587,607$1,229,334$3,236,936
55$3,843,362$1,623,011$1,228,128$3,498,139
56$4,191,662$1,658,815$1,225,547$3,784,406
57$4,574,110$1,694,996$1,221,502$4,098,265
58$4,994,148$1,731,529$1,215,901$4,442,501
59$5,455,564$1,768,387$1,208,646$4,820,184
60$5,962,533$1,805,540$1,199,637$5,234,695
61$6,519,653$1,842,954$1,188,767$5,689,761
62$7,131,992$1,880,592$1,175,925$6,189,490
63$7,805,130$1,918,416$1,160,993$6,738,408
64$8,545,217$1,956,382$1,143,850$7,341,501
65$9,359,028$1,994,443$1,124,368$8,004,267
66$10,254,026$2,032,549$1,102,412$8,732,763
67$11,238,437$2,070,643$1,077,842$9,533,663
68$12,321,320$2,108,667$1,050,513$10,414,323
69$13,512,658$2,146,556$1,020,269$11,382,849
70$14,823,452$2,184,240$986,951$12,448,176
71$16,265,821$2,221,645$950,390$13,620,148
72$17,853,119$2,258,689$910,412$14,909,614
73$19,600,058$2,295,286$866,832$16,328,531
74$21,522,852$2,331,343$819,459$17,890,075
75$23,639,364$2,366,760$768,092$19,608,767
76$25,969,277$2,401,430$712,521$21,500,610
77$28,534,281$2,435,237$652,528$23,583,240
78$31,358,273$2,468,059$587,883$25,876,090
79$34,467,587$2,499,764$518,348$28,400,580
80$37,891,241$2,530,213$443,672$31,180,313
81$41,661,208$2,559,254$363,596$34,241,301
82$45,812,721$2,586,727$277,846$37,612,212
83$50,384,604$2,612,462$186,139$41,324,635
84$55,419,637$2,636,276$88,178$45,413,388
85$60,964,961$2,657,974$0$49,916,837
86$67,072,522$2,677,350$0$54,880,582
87$73,799,563$2,694,184$0$60,367,198
88$81,209,159$2,708,240$0$66,410,207
89$89,370,819$2,719,269$0$73,066,274
90$98,361,135$2,727,005$0$80,397,840
91$108,264,509$2,731,168$0$88,473,710
92$119,173,950$2,731,456$0$97,369,709
93$131,191,948$2,727,552$0$107,169,392
94$144,431,442$2,719,117$0$117,964,833
95$159,016,889$2,705,794$0$129,857,498
96$175,085,435$2,687,201$0$142,959,198
97$192,788,211$2,662,935$0$157,393,146
98$212,291,757$2,632,568$0$173,295,123
99$233,779,599$2,595,646$0$190,814,754
100$257,453,974$2,551,689$0$210,116,924