Can I retire at age 41 with 1,140,000?

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 $1,140,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$94,140$93,302$92,483$91,685$90,905$87,785
2 years$46,604$45,736$44,895$44,079$43,288$40,176
3 years$30,761$29,889$29,050$28,242$27,464$24,458
4 years$22,841$21,972$21,141$20,347$19,587$16,711
5 years$18,090$17,226$16,406$15,628$14,890$12,150
6 years$14,924$14,066$13,259$12,498$11,782$9,181
7 years$12,663$11,813$11,018$10,275$9,582$7,119
8 years$10,968$10,126$9,344$8,620$7,949$5,623
9 years$9,651$8,816$8,048$7,342$6,694$4,502
10 years$8,597$7,771$7,017$6,329$5,704$3,641
11 years$7,736$6,918$6,177$5,508$4,906$2,969
12 years$7,019$6,209$5,482$4,831$4,251$2,436
13 years$6,413$5,612$4,898$4,265$3,707$2,009
14 years$5,893$5,101$4,401$3,786$3,250$1,663
15 years$5,444$4,660$3,973$3,377$2,861$1,381
16 years$5,051$4,275$3,602$3,023$2,529$1,150
17 years$4,704$3,937$3,278$2,717$2,242$960
18 years$4,397$3,638$2,992$2,448$1,994$803
19 years$4,122$3,372$2,739$2,212$1,777$672
20 years$3,874$3,133$2,514$2,004$1,587$564
21 years$3,651$2,918$2,313$1,818$1,420$473
22 years$3,448$2,724$2,131$1,653$1,273$397
23 years$3,264$2,548$1,968$1,506$1,143$334
24 years$3,094$2,387$1,820$1,373$1,027$281
25 years$2,939$2,240$1,686$1,254$924$237
26 years$2,796$2,106$1,563$1,147$833$199
27 years$2,664$1,982$1,452$1,050$751$168
28 years$2,541$1,867$1,350$962$677$141
29 years$2,427$1,762$1,256$882$612$119
30 years$2,321$1,664$1,170$809$553$100
31 years$2,221$1,573$1,091$743$500$85
32 years$2,129$1,488$1,018$683$452$71
33 years$2,042$1,409$950$628$409$60
34 years$1,960$1,336$888$578$370$51
35 years$1,883$1,267$830$532$335$43
36 years$1,811$1,202$776$490$304$36
37 years$1,742$1,142$727$451$275$30
38 years$1,678$1,085$681$416$250$26
39 years$1,616$1,032$638$384$226$22
40 years$1,559$982$598$354$205$18
41 years$1,504$935$560$327$186$15
42 years$1,451$890$526$301$169$13
43 years$1,402$848$493$278$153$11
44 years$1,354$808$463$257$139$9
45 years$1,309$771$435$237$126$8
46 years$1,267$735$408$219$115$7
47 years$1,226$702$384$202$104$6
48 years$1,186$670$360$187$95$5
49 years$1,149$640$339$173$86$4
50 years$1,113$611$319$160$78$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,140,000, adding $3,645 every year, while hoping to spend $22,213 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: 69/5/26 Blend
40$1,140,000$1,140,000$1,140,000$1,140,000
41$1,260,040$1,199,620$1,181,950$1,338,324
42$1,364,929$1,234,767$1,197,911$1,426,446
43$1,479,773$1,270,891$1,213,662$1,519,959
44$1,605,563$1,308,018$1,229,173$1,621,785
45$1,743,392$1,346,172$1,244,411$1,732,748
46$1,894,462$1,385,378$1,259,342$1,853,753
47$2,060,098$1,425,663$1,273,932$1,985,802
48$2,241,759$1,467,052$1,288,140$2,129,993
49$2,441,054$1,509,573$1,301,928$2,287,541
50$2,659,751$1,553,252$1,315,252$2,459,781
51$2,899,802$1,598,117$1,328,069$2,648,186
52$3,163,353$1,644,196$1,340,331$2,854,377
53$3,452,772$1,691,518$1,351,989$3,080,142
54$3,770,664$1,740,112$1,362,989$3,327,451
55$4,119,901$1,790,007$1,373,279$3,598,474
56$4,503,645$1,841,232$1,382,798$3,895,601
57$4,925,383$1,893,818$1,391,488$4,221,469
58$5,388,952$1,947,795$1,399,283$4,578,980
59$5,898,583$2,003,195$1,406,116$4,971,334
60$6,458,934$2,060,047$1,411,917$5,402,058
61$7,075,140$2,118,385$1,416,611$5,875,036
62$7,752,858$2,178,238$1,420,121$6,394,551
63$8,498,318$2,239,641$1,422,363$6,965,320
64$9,318,387$2,302,624$1,423,253$7,592,543
65$10,220,630$2,367,220$1,422,700$8,281,950
66$11,213,382$2,433,462$1,420,609$9,039,855
67$12,305,829$2,501,383$1,416,880$9,873,218
68$13,508,088$2,571,015$1,411,410$10,789,706
69$14,831,310$2,642,392$1,404,090$11,797,770
70$16,287,781$2,715,547$1,394,804$12,906,724
71$17,891,038$2,790,511$1,383,433$14,126,829
72$19,655,996$2,867,319$1,369,851$15,469,397
73$21,599,093$2,946,003$1,353,926$16,946,890
74$23,738,439$3,026,596$1,335,521$18,573,046
75$26,093,989$3,109,128$1,314,491$20,363,001
76$28,687,734$3,193,634$1,290,684$22,333,437
77$31,543,904$3,280,142$1,263,943$24,502,737
78$34,689,198$3,368,686$1,234,101$26,891,161
79$38,153,039$3,459,294$1,200,986$29,521,036
80$41,967,847$3,551,997$1,164,416$32,416,966
81$46,169,345$3,646,823$1,124,202$35,606,067
82$50,796,901$3,743,800$1,080,146$39,118,219
83$55,893,893$3,842,954$1,032,039$42,986,354
84$61,508,123$3,944,312$979,666$47,246,762
85$67,692,266$4,047,898$922,799$51,939,436
86$74,504,367$4,153,734$861,202$57,108,451
87$82,008,388$4,261,842$794,627$62,802,377
88$90,274,813$4,372,242$722,817$69,074,740
89$99,381,312$4,484,951$645,500$75,984,529
90$109,413,477$4,599,984$562,395$83,596,749
91$120,465,623$4,717,355$473,206$91,983,039
92$132,641,685$4,837,074$377,628$101,222,347
93$146,056,195$4,959,149$275,337$111,401,675
94$160,835,365$5,083,585$165,998$122,616,902
95$177,118,276$5,210,384$49,263$134,973,689
96$195,058,191$5,339,544$0$148,588,476
97$214,824,003$5,471,058$0$163,610,478
98$236,601,830$5,604,919$0$180,176,155
99$260,596,767$5,741,110$0$198,427,777
100$287,034,826$5,879,614$0$218,537,197