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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.3%
1 years$94,140$93,302$92,483$91,685$90,905$90,408
2 years$46,604$45,736$44,895$44,079$43,288$42,787
3 years$30,761$29,889$29,050$28,242$27,464$26,973
4 years$22,841$21,972$21,141$20,347$19,587$19,112
5 years$18,090$17,226$16,406$15,628$14,890$14,431
6 years$14,924$14,066$13,259$12,498$11,782$11,339
7 years$12,663$11,813$11,018$10,275$9,582$9,156
8 years$10,968$10,126$9,344$8,620$7,949$7,540
9 years$9,651$8,816$8,048$7,342$6,694$6,303
10 years$8,597$7,771$7,017$6,329$5,704$5,329
11 years$7,736$6,918$6,177$5,508$4,906$4,547
12 years$7,019$6,209$5,482$4,831$4,251$3,909
13 years$6,413$5,612$4,898$4,265$3,707$3,381
14 years$5,893$5,101$4,401$3,786$3,250$2,939
15 years$5,444$4,660$3,973$3,377$2,861$2,565
16 years$5,051$4,275$3,602$3,023$2,529$2,248
17 years$4,704$3,937$3,278$2,717$2,242$1,975
18 years$4,397$3,638$2,992$2,448$1,994$1,741
19 years$4,122$3,372$2,739$2,212$1,777$1,537
20 years$3,874$3,133$2,514$2,004$1,587$1,360
21 years$3,651$2,918$2,313$1,818$1,420$1,206
22 years$3,448$2,724$2,131$1,653$1,273$1,071
23 years$3,264$2,548$1,968$1,506$1,143$952
24 years$3,094$2,387$1,820$1,373$1,027$847
25 years$2,939$2,240$1,686$1,254$924$755
26 years$2,796$2,106$1,563$1,147$833$673
27 years$2,664$1,982$1,452$1,050$751$601
28 years$2,541$1,867$1,350$962$677$537
29 years$2,427$1,762$1,256$882$612$480
30 years$2,321$1,664$1,170$809$553$429
31 years$2,221$1,573$1,091$743$500$384
32 years$2,129$1,488$1,018$683$452$343
33 years$2,042$1,409$950$628$409$307
34 years$1,960$1,336$888$578$370$275
35 years$1,883$1,267$830$532$335$247
36 years$1,811$1,202$776$490$304$221
37 years$1,742$1,142$727$451$275$198
38 years$1,678$1,085$681$416$250$178
39 years$1,616$1,032$638$384$226$159
40 years$1,559$982$598$354$205$143
41 years$1,504$935$560$327$186$128
42 years$1,451$890$526$301$169$115
43 years$1,402$848$493$278$153$103
44 years$1,354$808$463$257$139$93
45 years$1,309$771$435$237$126$83
46 years$1,267$735$408$219$115$75
47 years$1,226$702$384$202$104$67
48 years$1,186$670$360$187$95$60
49 years$1,149$640$339$173$86$54
50 years$1,113$611$319$160$78$49

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 $3,294 every year, while hoping to spend $41,606 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: 82/6/12 Blend
40$1,140,000$1,140,000$1,140,000$1,140,000
41$1,259,678$1,199,258$1,181,588$1,360,009
42$1,343,896$1,213,753$1,176,902$1,440,762
43$1,435,311$1,227,564$1,170,666$1,523,590
44$1,534,611$1,240,613$1,162,782$1,613,296
45$1,642,557$1,252,818$1,153,150$1,710,548
46$1,759,982$1,264,091$1,141,665$1,816,082
47$1,887,806$1,274,337$1,128,217$1,930,709
48$2,027,040$1,283,457$1,112,690$2,055,322
49$2,178,796$1,291,345$1,094,963$2,190,905
50$2,344,299$1,297,886$1,074,909$2,338,541
51$2,524,895$1,302,961$1,052,397$2,499,425
52$2,722,069$1,306,441$1,027,287$2,674,871
53$2,937,454$1,308,189$999,435$2,866,329
54$3,172,846$1,308,063$968,687$3,075,396
55$3,430,225$1,305,906$934,887$3,303,829
56$3,711,770$1,301,558$897,868$3,553,569
57$4,019,879$1,294,843$857,455$3,826,749
58$4,357,196$1,285,579$813,469$4,125,725
59$4,726,628$1,273,571$765,718$4,453,088
60$5,131,380$1,258,611$714,005$4,811,697
61$5,574,979$1,240,482$658,123$5,204,700
62$6,061,312$1,218,951$597,855$5,635,568
63$6,594,658$1,193,771$532,976$6,108,125
64$7,179,730$1,164,683$463,248$6,626,584
65$7,821,721$1,131,412$388,425$7,195,589
66$8,526,350$1,093,664$308,250$7,820,258
67$9,299,915$1,051,131$222,454$8,506,231
68$10,149,356$1,003,486$130,756$9,259,723
69$11,082,316$950,383$32,863$10,087,583
70$12,107,217$891,456$0$10,997,361
71$13,233,335$826,319$0$12,006,543
72$14,470,889$754,563$0$13,120,215
73$15,831,138$675,754$0$14,344,312
74$17,326,485$589,437$0$15,690,013
75$18,970,596$495,129$0$17,169,635
76$20,778,525$392,318$0$18,796,752
77$22,766,860$280,468$0$20,586,318
78$24,953,877$159,008$0$22,554,810
79$27,359,710$27,337$0$24,720,388
80$30,006,545$0$0$27,103,058
81$32,918,826$0$0$29,732,470
82$36,123,486$0$0$32,627,878
83$39,650,199$0$0$35,814,293
84$43,531,664$0$0$39,321,260
85$47,803,909$0$0$43,181,337
86$52,506,631$0$0$47,430,395
87$57,683,572$0$0$52,107,960
88$63,382,931$0$0$57,257,586
89$69,657,817$0$0$62,927,265
90$76,566,751$0$0$69,169,877
91$84,174,217$0$0$76,043,692
92$92,551,271$0$0$83,612,919
93$101,776,210$0$0$91,948,309
94$111,935,311$0$0$101,127,826
95$123,123,645$0$0$111,237,378
96$135,445,974$0$0$122,371,632
97$149,017,737$0$0$134,634,903
98$163,966,143$0$0$148,142,140
99$180,431,367$0$0$163,020,012
100$198,567,875$0$0$179,408,099