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%15.5%
1 years$94,140$93,302$92,483$91,685$90,905$88,852
2 years$46,604$45,736$44,895$44,079$43,288$41,231
3 years$30,761$29,889$29,050$28,242$27,464$25,466
4 years$22,841$21,972$21,141$20,347$19,587$17,665
5 years$18,090$17,226$16,406$15,628$14,890$13,048
6 years$14,924$14,066$13,259$12,498$11,782$10,023
7 years$12,663$11,813$11,018$10,275$9,582$7,906
8 years$10,968$10,126$9,344$8,620$7,949$6,355
9 years$9,651$8,816$8,048$7,342$6,694$5,181
10 years$8,597$7,771$7,017$6,329$5,704$4,270
11 years$7,736$6,918$6,177$5,508$4,906$3,550
12 years$7,019$6,209$5,482$4,831$4,251$2,971
13 years$6,413$5,612$4,898$4,265$3,707$2,500
14 years$5,893$5,101$4,401$3,786$3,250$2,113
15 years$5,444$4,660$3,973$3,377$2,861$1,792
16 years$5,051$4,275$3,602$3,023$2,529$1,525
17 years$4,704$3,937$3,278$2,717$2,242$1,301
18 years$4,397$3,638$2,992$2,448$1,994$1,112
19 years$4,122$3,372$2,739$2,212$1,777$953
20 years$3,874$3,133$2,514$2,004$1,587$817
21 years$3,651$2,918$2,313$1,818$1,420$702
22 years$3,448$2,724$2,131$1,653$1,273$604
23 years$3,264$2,548$1,968$1,506$1,143$520
24 years$3,094$2,387$1,820$1,373$1,027$448
25 years$2,939$2,240$1,686$1,254$924$386
26 years$2,796$2,106$1,563$1,147$833$333
27 years$2,664$1,982$1,452$1,050$751$287
28 years$2,541$1,867$1,350$962$677$248
29 years$2,427$1,762$1,256$882$612$214
30 years$2,321$1,664$1,170$809$553$185
31 years$2,221$1,573$1,091$743$500$160
32 years$2,129$1,488$1,018$683$452$138
33 years$2,042$1,409$950$628$409$120
34 years$1,960$1,336$888$578$370$103
35 years$1,883$1,267$830$532$335$89
36 years$1,811$1,202$776$490$304$77
37 years$1,742$1,142$727$451$275$67
38 years$1,678$1,085$681$416$250$58
39 years$1,616$1,032$638$384$226$50
40 years$1,559$982$598$354$205$43
41 years$1,504$935$560$327$186$38
42 years$1,451$890$526$301$169$32
43 years$1,402$848$493$278$153$28
44 years$1,354$808$463$257$139$24
45 years$1,309$771$435$237$126$21
46 years$1,267$735$408$219$115$18
47 years$1,226$702$384$202$104$16
48 years$1,186$670$360$187$95$14
49 years$1,149$640$339$173$86$12
50 years$1,113$611$319$160$78$10

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 $6,907 every year, while hoping to spend $51,609 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: 56/37/7 Blend
40$1,140,000$1,140,000$1,140,000$1,140,000
41$1,263,405$1,202,985$1,185,315$1,331,785
42$1,337,360$1,207,019$1,170,111$1,382,705
43$1,417,130$1,209,522$1,152,668$1,431,776
44$1,503,251$1,210,363$1,132,857$1,483,955
45$1,596,317$1,209,405$1,110,542$1,539,544
46$1,696,977$1,206,501$1,085,581$1,598,878
47$1,805,947$1,201,498$1,057,826$1,662,327
48$1,924,011$1,194,229$1,027,120$1,730,301
49$2,052,034$1,184,520$993,303$1,803,254
50$2,190,967$1,172,187$956,204$1,881,687
51$2,341,854$1,157,032$915,645$1,966,159
52$2,505,844$1,138,848$871,441$2,057,282
53$2,684,203$1,117,415$823,397$2,155,740
54$2,878,322$1,092,498$771,311$2,262,284
55$3,089,731$1,063,851$714,970$2,377,749
56$3,320,116$1,031,212$654,154$2,503,056
57$3,571,329$994,302$588,629$2,639,226
58$3,845,412$952,831$518,156$2,787,387
59$4,144,610$906,485$442,480$2,948,786
60$4,471,396$854,939$361,339$3,124,803
61$4,828,491$797,844$274,456$3,316,962
62$5,218,892$734,832$181,545$3,526,950
63$5,645,897$665,518$82,305$3,756,630
64$6,113,139$589,489$0$4,008,063
65$6,624,618$506,312$0$4,285,288
66$7,184,738$415,530$0$4,595,732
67$7,798,349$316,658$0$4,936,048
68$8,470,792$209,186$0$5,309,332
69$9,207,950$92,574$0$5,719,007
70$10,016,302$0$0$6,168,849
71$10,902,985$0$0$6,676,768
72$11,875,856$0$0$7,275,519
73$12,943,575$0$0$7,932,751
74$14,115,678$0$0$8,654,346
75$15,402,668$0$0$9,446,787
76$16,816,118$0$0$10,317,212
77$18,368,774$0$0$11,273,486
78$20,074,680$0$0$12,324,274
79$21,949,306$0$0$13,479,121
80$24,009,694$0$0$14,748,541
81$26,274,621$0$0$16,144,120
82$28,764,772$0$0$17,678,623
83$31,502,939$0$0$19,366,110
84$34,514,229$0$0$21,222,076
85$37,826,308$0$0$23,263,589
86$41,469,655$0$0$25,509,458
87$45,477,852$0$0$27,980,405
88$49,887,902$0$0$30,699,261
89$54,740,574$0$0$33,691,184
90$60,080,787$0$0$36,983,891
91$65,958,038$0$0$40,607,925
92$72,426,862$0$0$44,596,939
93$79,547,350$0$0$48,988,012
94$87,385,716$0$0$53,822,004
95$96,014,919$0$0$59,143,935
96$105,515,350$0$0$65,003,414
97$115,975,592$0$0$71,455,104
98$127,493,256$0$0$78,559,238
99$140,175,898$0$0$86,382,189
100$154,142,037$0$0$94,997,094