Can I retire at age 41 with 1,170,000?

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 $1,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$96,618$95,757$94,917$94,098$93,297$90,784
2 years$47,830$46,940$46,076$45,239$44,427$41,913
3 years$31,570$30,676$29,814$28,985$28,187$25,750
4 years$23,442$22,550$21,697$20,882$20,103$17,763
5 years$18,566$17,679$16,838$16,040$15,282$13,045
6 years$15,316$14,436$13,608$12,827$12,092$9,961
7 years$12,996$12,124$11,308$10,546$9,834$7,808
8 years$11,257$10,392$9,590$8,847$8,158$6,236
9 years$9,905$9,048$8,260$7,535$6,870$5,051
10 years$8,824$7,976$7,201$6,496$5,854$4,134
11 years$7,940$7,100$6,340$5,653$5,035$3,413
12 years$7,204$6,373$5,626$4,958$4,363$2,835
13 years$6,581$5,759$5,027$4,378$3,805$2,368
14 years$6,048$5,235$4,517$3,886$3,335$1,987
15 years$5,587$4,782$4,078$3,466$2,936$1,672
16 years$5,184$4,388$3,697$3,103$2,595$1,412
17 years$4,828$4,041$3,364$2,788$2,301$1,195
18 years$4,512$3,734$3,071$2,513$2,046$1,013
19 years$4,230$3,461$2,812$2,270$1,824$861
20 years$3,976$3,216$2,580$2,056$1,629$732
21 years$3,747$2,995$2,373$1,866$1,458$624
22 years$3,539$2,796$2,187$1,697$1,307$532
23 years$3,350$2,615$2,020$1,545$1,173$454
24 years$3,176$2,450$1,868$1,409$1,054$388
25 years$3,016$2,299$1,730$1,287$949$331
26 years$2,869$2,161$1,605$1,177$855$283
27 years$2,734$2,034$1,490$1,077$770$242
28 years$2,608$1,916$1,385$987$695$207
29 years$2,491$1,808$1,289$905$628$177
30 years$2,382$1,707$1,201$831$567$152
31 years$2,280$1,614$1,119$763$513$130
32 years$2,185$1,527$1,044$701$464$111
33 years$2,095$1,446$975$645$420$95
34 years$2,011$1,371$911$593$380$82
35 years$1,933$1,300$852$546$344$70
36 years$1,858$1,234$797$503$312$60
37 years$1,788$1,172$746$463$283$51
38 years$1,722$1,114$698$427$256$44
39 years$1,659$1,059$654$394$232$38
40 years$1,600$1,008$613$363$211$32
41 years$1,543$959$575$335$191$28
42 years$1,490$914$539$309$174$24
43 years$1,439$870$506$286$157$20
44 years$1,390$830$475$264$143$18
45 years$1,344$791$446$243$130$15
46 years$1,300$755$419$225$118$13
47 years$1,258$720$394$208$107$11
48 years$1,218$688$370$192$97$9
49 years$1,179$657$348$177$88$8
50 years$1,142$627$327$164$80$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,170,000, adding $2,643 every year, while hoping to spend $36,735 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: 24/47/29 Blend
40$1,170,000$1,170,000$1,170,000$1,170,000
41$1,292,066$1,230,056$1,211,921$1,311,255
42$1,384,771$1,251,243$1,213,435$1,349,066
43$1,485,701$1,272,237$1,213,768$1,386,281
44$1,595,656$1,292,990$1,212,842$1,425,389
45$1,715,515$1,313,449$1,210,576$1,466,572
46$1,846,250$1,333,560$1,206,882$1,510,034
47$1,988,925$1,353,263$1,201,670$1,556,001
48$2,144,716$1,372,493$1,194,846$1,604,722
49$2,314,914$1,391,182$1,186,311$1,656,477
50$2,500,943$1,409,258$1,175,960$1,711,575
51$2,704,369$1,426,641$1,163,684$1,770,359
52$2,926,917$1,443,249$1,149,370$1,833,209
53$3,170,485$1,458,991$1,132,897$1,900,548
54$3,437,166$1,473,773$1,114,140$1,972,845
55$3,729,262$1,487,493$1,092,969$2,050,620
56$4,049,309$1,500,042$1,069,246$2,134,449
57$4,400,100$1,511,306$1,042,827$2,224,970
58$4,784,712$1,521,161$1,013,563$2,322,893
59$5,206,532$1,529,477$981,297$2,429,001
60$5,669,291$1,536,115$945,863$2,544,163
61$6,177,100$1,540,926$907,091$2,669,343
62$6,734,486$1,543,753$864,801$2,805,606
63$7,346,436$1,544,430$818,804$2,954,134
64$8,018,444$1,542,778$768,905$3,116,231
65$8,756,561$1,538,609$714,899$3,293,346
66$9,567,453$1,531,724$656,570$3,487,078
67$10,458,464$1,521,909$593,697$3,699,198
68$11,437,685$1,508,940$526,043$3,931,664
69$12,514,028$1,492,578$453,365$4,186,644
70$13,697,315$1,472,570$375,409$4,466,533
71$14,998,362$1,448,648$291,906$4,773,980
72$16,429,090$1,420,526$202,580$5,111,916
73$18,002,631$1,387,905$107,140$5,483,576
74$19,733,452$1,350,466$5,282$5,892,541
75$21,637,496$1,307,870$0$6,342,765
76$23,732,326$1,259,761$0$6,870,619
77$26,037,294$1,205,761$0$7,452,757
78$28,573,724$1,145,469$0$8,092,982
79$31,365,109$1,078,462$0$8,797,299
80$34,437,337$1,004,293$0$9,572,334
81$37,818,931$922,489$0$10,425,396
82$41,541,321$832,550$0$11,364,550
83$45,639,137$733,947$0$12,398,694
84$50,150,540$626,121$0$13,537,644
85$55,117,577$508,482$0$14,792,228
86$60,586,579$380,407$0$16,174,392
87$66,608,600$241,238$0$17,697,313
88$73,239,897$90,278$0$19,375,525
89$80,542,458$0$0$21,225,060
90$88,584,591$0$0$23,301,462
91$97,441,566$0$0$25,639,942
92$107,196,325$0$0$28,215,742
93$117,940,264$0$0$31,053,029
94$129,774,098$0$0$34,178,438
95$142,808,806$0$0$37,621,314
96$157,166,684$0$0$41,414,000
97$172,982,494$0$0$45,592,132
98$190,404,737$0$0$50,194,981
99$209,597,058$0$0$55,265,823
100$230,739,783$0$0$60,852,346