Can I retire at age 41 with 1,200,000?

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 $1,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$99,095$98,212$97,351$96,510$95,690$92,553
2 years$49,057$48,143$47,258$46,399$45,567$42,436
3 years$32,380$31,462$30,579$29,728$28,909$25,883
4 years$24,043$23,128$22,254$21,418$20,618$17,720
5 years$19,042$18,133$17,270$16,451$15,674$12,911
6 years$15,709$14,807$13,956$13,156$12,402$9,778
7 years$13,329$12,435$11,598$10,816$10,086$7,599
8 years$11,546$10,659$9,836$9,073$8,367$6,016
9 years$10,159$9,280$8,472$7,729$7,047$4,829
10 years$9,050$8,180$7,386$6,662$6,004$3,916
11 years$8,143$7,282$6,502$5,798$5,164$3,201
12 years$7,388$6,536$5,771$5,086$4,475$2,633
13 years$6,750$5,907$5,156$4,490$3,902$2,177
14 years$6,204$5,369$4,632$3,986$3,421$1,807
15 years$5,730$4,905$4,182$3,554$3,012$1,506
16 years$5,316$4,500$3,792$3,183$2,662$1,257
17 years$4,952$4,144$3,451$2,860$2,360$1,053
18 years$4,628$3,830$3,150$2,577$2,098$883
19 years$4,339$3,549$2,884$2,329$1,870$742
20 years$4,078$3,298$2,646$2,109$1,671$624
21 years$3,843$3,072$2,434$1,914$1,495$525
22 years$3,630$2,868$2,244$1,740$1,340$442
23 years$3,435$2,682$2,071$1,585$1,203$373
24 years$3,257$2,513$1,916$1,446$1,081$315
25 years$3,094$2,358$1,774$1,320$973$266
26 years$2,943$2,216$1,646$1,207$876$225
27 years$2,804$2,086$1,528$1,105$790$190
28 years$2,675$1,966$1,421$1,012$713$160
29 years$2,555$1,854$1,322$928$644$136
30 years$2,443$1,751$1,231$852$582$115
31 years$2,338$1,655$1,148$782$526$97
32 years$2,241$1,566$1,071$719$476$82
33 years$2,149$1,483$1,000$661$431$69
34 years$2,063$1,406$934$608$390$59
35 years$1,982$1,333$874$560$353$50
36 years$1,906$1,266$817$516$320$42
37 years$1,834$1,202$765$475$290$36
38 years$1,766$1,142$716$438$263$30
39 years$1,702$1,086$671$404$238$26
40 years$1,641$1,034$629$373$216$22
41 years$1,583$984$590$344$196$18
42 years$1,528$937$553$317$178$15
43 years$1,476$893$519$293$162$13
44 years$1,426$851$487$270$147$11
45 years$1,378$811$458$250$133$9
46 years$1,333$774$430$231$121$8
47 years$1,290$739$404$213$110$7
48 years$1,249$705$379$197$100$6
49 years$1,209$673$357$182$91$5
50 years$1,172$643$335$168$82$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,200,000, adding $5,905 every year, while hoping to spend $25,141 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: 33/49/18 Blend
40$1,200,000$1,200,000$1,200,000$1,200,000
41$1,328,491$1,264,891$1,246,291$1,364,745
42$1,437,247$1,300,121$1,261,292$1,427,287
43$1,556,254$1,336,234$1,275,953$1,491,908
44$1,686,530$1,373,248$1,290,236$1,561,022
45$1,829,198$1,411,179$1,304,100$1,635,038
46$1,985,494$1,450,044$1,317,505$1,714,406
47$2,156,777$1,489,859$1,330,404$1,799,621
48$2,344,548$1,530,642$1,342,752$1,891,228
49$2,550,456$1,572,407$1,354,498$1,989,826
50$2,776,319$1,615,173$1,365,591$2,096,076
51$3,024,141$1,658,953$1,375,976$2,210,703
52$3,296,127$1,703,766$1,385,595$2,334,508
53$3,594,707$1,749,625$1,394,387$2,468,370
54$3,922,556$1,796,546$1,402,288$2,613,259
55$4,282,624$1,844,543$1,409,231$2,770,242
56$4,678,157$1,893,631$1,415,146$2,940,494
57$5,112,734$1,943,824$1,419,959$3,125,310
58$5,590,296$1,995,135$1,423,590$3,326,115
59$6,115,185$2,047,575$1,425,960$3,544,481
60$6,692,186$2,101,158$1,426,981$3,782,136
61$7,326,567$2,155,894$1,426,564$4,040,986
62$8,024,137$2,211,793$1,424,614$4,323,131
63$8,791,293$2,268,864$1,421,032$4,630,883
64$9,635,081$2,327,115$1,415,713$4,966,790
65$10,563,270$2,386,554$1,408,550$5,333,661
66$11,584,414$2,447,185$1,399,426$5,734,588
67$12,707,940$2,509,014$1,388,224$6,172,979
68$13,944,237$2,572,043$1,374,816$6,652,591
69$15,304,749$2,636,273$1,359,072$7,177,560
70$16,802,087$2,701,703$1,340,854$7,752,449
71$18,450,145$2,768,331$1,320,018$8,382,281
72$20,264,233$2,836,153$1,296,412$9,072,594
73$22,261,222$2,905,162$1,269,879$9,829,491
74$24,459,700$2,975,348$1,240,254$10,659,695
75$26,880,149$3,046,701$1,207,362$11,570,617
76$29,545,140$3,119,204$1,171,024$12,570,424
77$32,479,541$3,192,842$1,131,050$13,668,117
78$35,710,756$3,267,593$1,087,242$14,873,612
79$39,268,981$3,343,433$1,039,392$16,197,842
80$43,187,490$3,420,334$987,286$17,652,851
81$47,502,950$3,498,266$930,695$19,251,915
82$52,255,762$3,577,192$869,384$21,009,666
83$57,490,447$3,657,072$803,106$22,942,227
84$63,256,065$3,737,861$731,603$25,067,367
85$69,606,676$3,819,509$654,604$27,404,671
86$76,601,852$3,901,960$571,828$29,975,723
87$84,307,238$3,985,153$482,981$32,804,307
88$92,795,171$4,069,020$387,756$35,916,639
89$102,145,363$4,153,487$285,831$39,341,610
90$112,445,656$4,238,474$176,872$43,111,059
91$123,792,845$4,323,891$60,529$47,260,078
92$136,293,596$4,409,642$0$51,827,338
93$150,065,450$4,495,622$0$56,867,682
94$165,237,936$4,581,717$0$62,429,061
95$181,953,788$4,667,804$0$68,551,680
96$200,370,297$4,753,749$0$75,292,671
97$220,660,792$4,839,408$0$82,714,991
98$243,016,279$4,924,625$0$90,888,023
99$267,647,240$5,009,232$0$99,888,221
100$294,785,623$5,093,049$0$109,799,845