Can I retire at age 41 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$94,966$94,120$93,295$92,489$91,703$88,803
2 years$47,013$46,137$45,289$44,466$43,668$40,773
3 years$31,031$30,151$29,305$28,490$27,705$24,905
4 years$23,041$22,164$21,326$20,525$19,759$17,076
5 years$18,248$17,377$16,550$15,765$15,021$12,462
6 years$15,055$14,190$13,375$12,608$11,885$9,453
7 years$12,774$11,916$11,115$10,365$9,666$7,359
8 years$11,064$10,215$9,426$8,695$8,019$5,837
9 years$9,735$8,894$8,119$7,407$6,753$4,693
10 years$8,673$7,839$7,078$6,384$5,754$3,813
11 years$7,804$6,979$6,231$5,556$4,949$3,123
12 years$7,081$6,264$5,530$4,874$4,288$2,574
13 years$6,469$5,661$4,941$4,303$3,739$2,133
14 years$5,945$5,145$4,439$3,820$3,278$1,774
15 years$5,491$4,700$4,008$3,406$2,886$1,481
16 years$5,095$4,313$3,634$3,050$2,551$1,240
17 years$4,745$3,972$3,307$2,740$2,262$1,040
18 years$4,435$3,670$3,019$2,470$2,011$874
19 years$4,158$3,401$2,763$2,232$1,792$736
20 years$3,908$3,161$2,536$2,021$1,601$620
21 years$3,683$2,944$2,333$1,834$1,433$524
22 years$3,479$2,748$2,150$1,668$1,284$442
23 years$3,292$2,570$1,985$1,519$1,153$374
24 years$3,122$2,408$1,836$1,385$1,036$316
25 years$2,965$2,260$1,700$1,265$932$268
26 years$2,820$2,124$1,577$1,157$840$227
27 years$2,687$1,999$1,464$1,059$757$192
28 years$2,563$1,884$1,361$970$683$163
29 years$2,448$1,777$1,267$890$617$138
30 years$2,341$1,678$1,180$816$557$117
31 years$2,241$1,586$1,100$750$504$99
32 years$2,147$1,501$1,026$689$456$84
33 years$2,059$1,422$958$634$413$71
34 years$1,977$1,347$895$583$374$60
35 years$1,900$1,278$837$537$338$51
36 years$1,826$1,213$783$494$307$44
37 years$1,758$1,152$733$455$278$37
38 years$1,692$1,095$686$420$252$31
39 years$1,631$1,041$643$387$228$27
40 years$1,572$990$603$357$207$23
41 years$1,517$943$565$329$188$19
42 years$1,464$898$530$304$171$16
43 years$1,414$856$498$281$155$14
44 years$1,366$816$467$259$141$12
45 years$1,321$778$439$239$128$10
46 years$1,278$742$412$221$116$8
47 years$1,236$708$387$204$105$7
48 years$1,197$676$364$189$96$6
49 years$1,159$645$342$174$87$5
50 years$1,123$617$321$161$79$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,150,000, adding $4,262 every year, while hoping to spend $53,470 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: 62/13/25 Blend
40$1,150,000$1,150,000$1,150,000$1,150,000
41$1,271,696$1,210,746$1,192,921$1,341,861
42$1,344,518$1,213,181$1,175,992$1,392,353
43$1,422,975$1,213,943$1,156,704$1,441,219
44$1,507,586$1,212,894$1,134,922$1,493,401
45$1,598,920$1,209,887$1,110,503$1,549,234
46$1,697,604$1,204,766$1,083,299$1,609,085
47$1,804,325$1,197,364$1,053,154$1,673,362
48$1,919,839$1,187,508$1,019,908$1,742,514
49$2,044,977$1,175,010$983,389$1,817,042
50$2,180,652$1,159,673$943,420$1,897,495
51$2,327,869$1,141,287$899,815$1,984,485
52$2,487,733$1,119,632$852,380$2,078,687
53$2,661,460$1,094,472$800,913$2,180,845
54$2,850,386$1,065,558$745,200$2,291,786
55$3,055,982$1,032,627$685,022$2,412,421
56$3,279,868$995,401$620,145$2,543,759
57$3,523,823$953,584$550,328$2,686,913
58$3,789,808$906,865$475,319$2,843,115
59$4,079,980$854,913$394,854$3,013,727
60$4,396,713$797,379$308,657$3,200,251
61$4,742,621$733,894$216,440$3,404,350
62$5,120,581$664,067$117,904$3,627,857
63$5,533,760$587,487$12,734$3,872,802
64$5,985,647$503,717$0$4,141,422
65$6,480,081$412,297$0$4,462,732
66$7,021,289$312,740$0$4,818,271
67$7,613,929$204,532$0$5,207,749
68$8,263,126$87,131$0$5,634,595
69$8,974,528$0$0$6,102,587
70$9,754,353$0$0$6,621,618
71$10,609,449$0$0$7,204,501
72$11,547,359$0$0$7,843,924
73$12,576,393$0$0$8,545,561
74$13,705,700$0$0$9,315,665
75$14,945,363$0$0$10,161,120
76$16,306,483$0$0$11,089,513
77$17,801,294$0$0$12,109,198
78$19,443,270$0$0$13,229,381
79$21,247,254$0$0$14,460,201
80$23,229,598$0$0$15,812,829
81$25,408,318$0$0$17,299,573
82$27,803,260$0$0$18,933,991
83$30,436,290$0$0$20,731,020
84$33,331,498$0$0$22,707,117
85$36,515,424$0$0$24,880,414
86$40,017,311$0$0$27,270,889
87$43,869,375$0$0$29,900,551
88$48,107,114$0$0$32,793,652
89$52,769,639$0$0$35,976,911
90$57,900,042$0$0$39,479,770
91$63,545,806$0$0$43,334,666
92$69,759,247$0$0$47,577,343
93$76,598,009$0$0$52,247,182
94$84,125,609$0$0$57,387,579
95$92,412,035$0$0$63,046,349
96$101,534,402$0$0$69,276,178
97$111,577,686$0$0$76,135,121
98$122,635,519$0$0$83,687,149
99$134,811,073$0$0$92,002,751
100$148,218,035$0$0$101,159,599