Can I retire at age 41 with 1,130,000?

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 $1,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$93,314$92,483$91,672$90,881$90,108$86,876
2 years$46,195$45,335$44,501$43,693$42,908$39,688
3 years$30,491$29,627$28,795$27,994$27,223$24,114
4 years$22,640$21,779$20,955$20,168$19,416$16,442
5 years$17,931$17,075$16,262$15,491$14,759$11,930
6 years$14,793$13,943$13,142$12,388$11,679$8,995
7 years$12,552$11,709$10,921$10,185$9,498$6,959
8 years$10,872$10,037$9,262$8,544$7,879$5,483
9 years$9,566$8,739$7,978$7,278$6,636$4,379
10 years$8,522$7,703$6,955$6,273$5,654$3,533
11 years$7,668$6,858$6,123$5,460$4,862$2,873
12 years$6,957$6,155$5,434$4,789$4,214$2,351
13 years$6,356$5,562$4,855$4,228$3,674$1,934
14 years$5,842$5,056$4,362$3,753$3,221$1,596
15 years$5,396$4,619$3,938$3,347$2,836$1,322
16 years$5,006$4,238$3,571$2,997$2,506$1,098
17 years$4,663$3,903$3,249$2,693$2,222$914
18 years$4,358$3,606$2,966$2,427$1,976$762
19 years$4,085$3,342$2,715$2,193$1,761$636
20 years$3,841$3,106$2,492$1,986$1,573$532
21 years$3,619$2,893$2,292$1,802$1,408$445
22 years$3,418$2,700$2,113$1,639$1,262$372
23 years$3,235$2,526$1,951$1,492$1,133$312
24 years$3,067$2,366$1,804$1,361$1,018$262
25 years$2,913$2,221$1,671$1,243$916$220
26 years$2,771$2,087$1,550$1,137$825$184
27 years$2,640$1,964$1,439$1,040$744$155
28 years$2,519$1,851$1,338$953$671$130
29 years$2,405$1,746$1,245$874$606$109
30 years$2,300$1,649$1,160$802$548$92
31 years$2,202$1,559$1,081$737$495$77
32 years$2,110$1,475$1,009$677$448$65
33 years$2,024$1,397$942$623$405$54
34 years$1,943$1,324$880$573$367$46
35 years$1,866$1,256$823$527$332$38
36 years$1,795$1,192$770$486$301$32
37 years$1,727$1,132$720$448$273$27
38 years$1,663$1,076$675$413$248$23
39 years$1,602$1,023$632$380$224$19
40 years$1,545$973$592$351$204$16
41 years$1,490$926$555$324$185$14
42 years$1,439$882$521$299$168$11
43 years$1,389$841$489$276$152$10
44 years$1,343$801$459$255$138$8
45 years$1,298$764$431$235$125$7
46 years$1,255$729$405$217$114$6
47 years$1,215$696$380$201$103$5
48 years$1,176$664$357$185$94$4
49 years$1,139$634$336$171$85$3
50 years$1,103$606$316$158$77$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,130,000, adding $4,872 every year, while hoping to spend $20,860 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: 53/37/10 Blend
40$1,130,000$1,130,000$1,130,000$1,130,000
41$1,250,285$1,190,395$1,172,880$1,313,107
42$1,355,620$1,226,530$1,189,977$1,392,477
43$1,470,999$1,263,736$1,206,947$1,476,113
44$1,597,426$1,302,044$1,223,765$1,566,615
45$1,736,004$1,341,485$1,240,402$1,664,637
46$1,887,950$1,382,091$1,256,829$1,770,898
47$2,054,603$1,423,896$1,273,015$1,886,192
48$2,237,438$1,466,933$1,288,927$2,011,389
49$2,438,081$1,511,236$1,304,529$2,147,448
50$2,658,320$1,556,841$1,319,786$2,295,424
51$2,900,127$1,603,786$1,334,658$2,456,479
52$3,165,675$1,652,106$1,349,104$2,631,892
53$3,457,355$1,701,840$1,363,080$2,823,071
54$3,777,803$1,753,028$1,376,541$3,031,565
55$4,129,923$1,805,710$1,389,439$3,259,081
56$4,516,912$1,859,927$1,401,722$3,507,498
57$4,942,295$1,915,722$1,413,338$3,778,884
58$5,409,954$1,973,137$1,424,229$4,075,519
59$5,924,166$2,032,217$1,434,337$4,399,912
60$6,489,643$2,093,007$1,443,600$4,754,826
61$7,111,576$2,155,555$1,451,950$5,143,304
62$7,795,687$2,219,907$1,459,320$5,568,700
63$8,548,277$2,286,112$1,465,637$6,034,704
64$9,376,290$2,354,220$1,470,825$6,545,386
65$10,287,377$2,424,282$1,474,803$7,105,224
66$11,289,968$2,496,351$1,477,488$7,719,155
67$12,393,352$2,570,479$1,478,790$8,392,615
68$13,607,762$2,646,722$1,478,619$9,131,592
69$14,944,477$2,725,134$1,476,876$9,942,686
70$16,415,922$2,805,774$1,473,459$10,833,166
71$18,035,788$2,888,698$1,468,261$11,811,039
72$19,819,161$2,973,968$1,461,171$12,885,128
73$21,782,666$3,061,643$1,452,071$14,065,156
74$23,944,620$3,151,785$1,440,837$15,361,831
75$26,325,207$3,244,458$1,427,341$16,786,953
76$28,946,668$3,339,727$1,411,447$18,353,525
77$31,833,511$3,437,656$1,393,014$20,075,870
78$35,012,742$3,538,315$1,371,893$21,969,774
79$38,514,120$3,641,770$1,347,929$24,052,628
80$42,370,436$3,748,092$1,320,960$26,343,593
81$46,617,824$3,857,352$1,290,816$28,863,786
82$51,296,102$3,969,623$1,257,318$31,636,471
83$56,449,147$4,084,977$1,220,281$34,687,286
84$62,125,309$4,203,490$1,179,510$38,044,479
85$68,377,867$4,325,238$1,134,800$41,739,176
86$75,265,534$4,450,299$1,085,940$45,805,677
87$82,853,006$4,578,751$1,032,707$50,281,777
88$91,211,578$4,710,674$974,868$55,209,123
89$100,419,812$4,846,151$912,179$60,633,608
90$110,564,282$4,985,262$844,386$66,605,801
91$121,740,390$5,128,091$771,225$73,181,428
92$134,053,266$5,274,724$692,417$80,421,895
93$147,618,759$5,425,245$607,673$88,394,869
94$162,564,532$5,579,741$516,689$97,174,916
95$179,031,267$5,738,301$419,151$106,844,203
96$197,173,991$5,901,012$314,727$117,493,277
97$217,163,541$6,067,965$203,073$129,221,915
98$239,188,175$6,239,249$83,830$142,140,071
99$263,455,353$6,414,956$0$156,368,908
100$290,193,687$6,595,176$0$172,046,581