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%18.6%
1 years$94,966$94,120$93,295$92,489$91,703$88,519
2 years$47,013$46,137$45,289$44,466$43,668$40,494
3 years$31,031$30,151$29,305$28,490$27,705$24,639
4 years$23,041$22,164$21,326$20,525$19,759$16,826
5 years$18,248$17,377$16,550$15,765$15,021$12,228
6 years$15,055$14,190$13,375$12,608$11,885$9,234
7 years$12,774$11,916$11,115$10,365$9,666$7,157
8 years$11,064$10,215$9,426$8,695$8,019$5,649
9 years$9,735$8,894$8,119$7,407$6,753$4,520
10 years$8,673$7,839$7,078$6,384$5,754$3,654
11 years$7,804$6,979$6,231$5,556$4,949$2,977
12 years$7,081$6,264$5,530$4,874$4,288$2,441
13 years$6,469$5,661$4,941$4,303$3,739$2,011
14 years$5,945$5,145$4,439$3,820$3,278$1,664
15 years$5,491$4,700$4,008$3,406$2,886$1,381
16 years$5,095$4,313$3,634$3,050$2,551$1,149
17 years$4,745$3,972$3,307$2,740$2,262$959
18 years$4,435$3,670$3,019$2,470$2,011$801
19 years$4,158$3,401$2,763$2,232$1,792$670
20 years$3,908$3,161$2,536$2,021$1,601$562
21 years$3,683$2,944$2,333$1,834$1,433$471
22 years$3,479$2,748$2,150$1,668$1,284$395
23 years$3,292$2,570$1,985$1,519$1,153$332
24 years$3,122$2,408$1,836$1,385$1,036$279
25 years$2,965$2,260$1,700$1,265$932$235
26 years$2,820$2,124$1,577$1,157$840$197
27 years$2,687$1,999$1,464$1,059$757$166
28 years$2,563$1,884$1,361$970$683$140
29 years$2,448$1,777$1,267$890$617$118
30 years$2,341$1,678$1,180$816$557$99
31 years$2,241$1,586$1,100$750$504$84
32 years$2,147$1,501$1,026$689$456$70
33 years$2,059$1,422$958$634$413$59
34 years$1,977$1,347$895$583$374$50
35 years$1,900$1,278$837$537$338$42
36 years$1,826$1,213$783$494$307$36
37 years$1,758$1,152$733$455$278$30
38 years$1,692$1,095$686$420$252$25
39 years$1,631$1,041$643$387$228$21
40 years$1,572$990$603$357$207$18
41 years$1,517$943$565$329$188$15
42 years$1,464$898$530$304$171$13
43 years$1,414$856$498$281$155$11
44 years$1,366$816$467$259$141$9
45 years$1,321$778$439$239$128$8
46 years$1,278$742$412$221$116$6
47 years$1,236$708$387$204$105$5
48 years$1,197$676$364$189$96$5
49 years$1,159$645$342$174$87$4
50 years$1,123$617$321$161$79$3

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 $5,659 every year, while hoping to spend $37,853 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: 58/20/22 Blend
40$1,150,000$1,150,000$1,150,000$1,150,000
41$1,273,137$1,212,187$1,194,362$1,339,172
42$1,362,722$1,231,309$1,194,098$1,403,902
43$1,460,176$1,250,099$1,192,556$1,469,879
44$1,566,261$1,268,502$1,189,654$1,540,986
45$1,681,817$1,286,456$1,185,305$1,617,725
46$1,807,768$1,303,897$1,179,418$1,700,655
47$1,945,129$1,320,757$1,171,898$1,790,388
48$2,095,019$1,336,962$1,162,644$1,887,600
49$2,258,671$1,352,432$1,151,552$1,993,040
50$2,437,438$1,367,084$1,138,512$2,107,531
51$2,632,814$1,380,828$1,123,409$2,231,981
52$2,846,441$1,393,569$1,106,123$2,367,393
53$3,080,128$1,405,204$1,086,528$2,514,874
54$3,335,866$1,415,624$1,064,492$2,675,644
55$3,615,849$1,424,715$1,039,877$2,851,049
56$3,922,492$1,432,352$1,012,539$3,042,574
57$4,258,454$1,438,405$982,327$3,251,858
58$4,626,664$1,442,734$949,083$3,480,706
59$5,030,347$1,445,191$912,641$3,731,113
60$5,473,057$1,445,620$872,828$4,005,277
61$5,958,705$1,443,853$829,465$4,305,624
62$6,491,604$1,439,711$782,362$4,634,827
63$7,076,498$1,433,008$731,322$4,995,837
64$7,718,619$1,423,543$676,139$5,391,908
65$8,423,725$1,411,105$616,598$5,826,628
66$9,198,164$1,395,467$552,472$6,303,955
67$10,048,925$1,376,393$483,528$6,828,253
68$10,983,708$1,353,630$409,520$7,404,337
69$12,010,999$1,326,910$330,190$8,037,513
70$13,140,141$1,295,949$245,273$8,733,636
71$14,381,433$1,260,448$154,487$9,499,161
72$15,746,218$1,220,089$57,541$10,341,205
73$17,246,994$1,174,535$0$11,267,617
74$18,897,531$1,123,431$0$12,297,831
75$20,713,001$1,066,400$0$13,445,724
76$22,710,118$1,003,045$0$14,708,376
77$24,907,299$932,943$0$16,097,469
78$27,324,836$855,650$0$17,625,878
79$29,985,087$770,695$0$19,307,796
80$32,912,687$677,580$0$21,158,861
81$36,134,780$575,780$0$23,196,314
82$39,681,273$464,739$0$25,439,152
83$43,585,122$343,870$0$27,908,315
84$47,882,639$212,555$0$30,626,883
85$52,613,836$70,137$0$33,620,290
86$57,822,801$0$0$36,916,572
87$63,558,114$0$0$40,565,127
88$69,873,306$0$0$44,599,697
89$76,827,365$0$0$49,042,547
90$84,485,288$0$0$53,935,218
91$92,918,696$0$0$59,323,487
92$102,206,514$0$0$65,257,796
93$112,435,708$0$0$71,793,729
94$123,702,109$0$0$78,992,536
95$136,111,320$0$0$86,921,710
96$149,779,704$0$0$95,655,626
97$164,835,493$0$0$105,276,241
98$181,419,987$0$0$115,873,865
99$199,688,895$0$0$127,548,021
100$219,813,799$0$0$140,408,373