Can I retire at age 41 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$103,224$102,304$101,407$100,532$99,677$97,704
2 years$51,101$50,149$49,227$48,333$47,465$45,486
3 years$33,729$32,773$31,853$30,967$30,114$28,190
4 years$25,045$24,092$23,181$22,310$21,477$19,624
5 years$19,835$18,888$17,989$17,136$16,327$14,549
6 years$16,364$15,424$14,538$13,704$12,919$11,218
7 years$13,885$12,953$12,081$11,267$10,506$8,883
8 years$12,027$11,103$10,246$9,451$8,716$7,170
9 years$10,582$9,667$8,825$8,051$7,340$5,871
10 years$9,427$8,521$7,694$6,940$6,254$4,859
11 years$8,483$7,586$6,773$6,040$5,379$4,057
12 years$7,696$6,809$6,011$5,298$4,661$3,411
13 years$7,031$6,153$5,371$4,677$4,065$2,883
14 years$6,462$5,593$4,825$4,152$3,563$2,449
15 years$5,969$5,109$4,357$3,703$3,137$2,087
16 years$5,538$4,688$3,950$3,315$2,773$1,785
17 years$5,158$4,317$3,594$2,979$2,458$1,531
18 years$4,821$3,989$3,281$2,684$2,186$1,315
19 years$4,519$3,697$3,004$2,426$1,948$1,132
20 years$4,248$3,436$2,757$2,197$1,740$977
21 years$4,004$3,200$2,536$1,994$1,557$843
22 years$3,781$2,987$2,337$1,813$1,396$729
23 years$3,579$2,794$2,158$1,651$1,253$631
24 years$3,393$2,618$1,996$1,506$1,126$547
25 years$3,223$2,457$1,848$1,375$1,014$474
26 years$3,066$2,309$1,714$1,257$913$411
27 years$2,921$2,173$1,592$1,151$823$357
28 years$2,786$2,047$1,480$1,054$743$310
29 years$2,661$1,931$1,377$967$671$269
30 years$2,544$1,824$1,283$887$606$234
31 years$2,436$1,724$1,196$815$548$203
32 years$2,334$1,632$1,116$749$496$177
33 years$2,239$1,545$1,042$689$448$154
34 years$2,149$1,464$973$634$406$134
35 years$2,065$1,389$910$583$368$116
36 years$1,985$1,318$851$537$333$101
37 years$1,910$1,252$797$495$302$88
38 years$1,840$1,190$746$456$274$77
39 years$1,772$1,132$699$421$248$67
40 years$1,709$1,077$655$388$225$58
41 years$1,649$1,025$614$358$204$51
42 years$1,591$976$576$330$185$44
43 years$1,537$930$541$305$168$38
44 years$1,485$886$508$282$153$33
45 years$1,436$845$477$260$139$29
46 years$1,389$806$448$240$126$25
47 years$1,344$770$421$222$114$22
48 years$1,301$735$395$205$104$19
49 years$1,260$702$372$190$94$17
50 years$1,220$670$349$175$86$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,250,000, adding $6,086 every year, while hoping to spend $23,814 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: 85/10/5 Blend
40$1,250,000$1,250,000$1,250,000$1,250,000
41$1,383,778$1,317,528$1,298,153$1,500,890
42$1,499,585$1,356,749$1,316,303$1,617,368
43$1,626,407$1,397,093$1,334,263$1,741,396
44$1,765,341$1,438,592$1,352,001$1,876,882
45$1,917,597$1,481,274$1,369,485$2,024,961
46$2,084,507$1,525,172$1,386,678$2,186,881
47$2,267,539$1,570,317$1,403,544$2,364,018
48$2,468,308$1,616,743$1,420,042$2,557,888
49$2,688,594$1,664,481$1,436,132$2,770,159
50$2,930,357$1,713,568$1,451,770$3,002,668
51$3,195,758$1,764,037$1,466,908$3,257,441
52$3,487,174$1,815,923$1,481,498$3,536,705
53$3,807,226$1,869,264$1,495,489$3,842,918
54$4,158,801$1,924,096$1,508,825$4,178,784
55$4,545,078$1,980,456$1,521,451$4,547,283
56$4,969,562$2,038,384$1,533,305$4,951,697
57$5,436,110$2,097,918$1,544,323$5,395,642
58$5,948,976$2,159,098$1,554,441$5,883,102
59$6,512,842$2,221,965$1,563,586$6,418,466
60$7,132,871$2,286,560$1,571,685$7,006,568
61$7,814,748$2,352,926$1,578,660$7,652,734
62$8,564,738$2,421,105$1,584,431$8,362,834
63$9,389,743$2,491,140$1,588,911$9,143,333
64$10,297,367$2,563,077$1,592,010$10,001,353
65$11,295,990$2,636,959$1,593,633$10,944,745
66$12,394,843$2,712,832$1,593,683$11,982,154
67$13,604,100$2,790,743$1,592,053$13,123,110
68$14,934,967$2,870,739$1,588,636$14,378,110
69$16,399,795$2,952,867$1,583,318$15,758,722
70$18,012,192$3,037,175$1,575,976$17,277,691
71$19,787,152$3,123,713$1,566,487$18,949,060
72$21,741,195$3,212,528$1,554,718$20,788,304
73$23,892,527$3,303,672$1,540,531$22,812,473
74$26,261,207$3,397,195$1,523,782$25,040,356
75$28,869,339$3,493,146$1,504,318$27,492,654
76$31,741,280$3,591,579$1,481,980$30,192,179
77$34,903,867$3,692,543$1,456,604$33,164,068
78$38,386,676$3,796,091$1,428,014$36,436,020
79$42,222,293$3,902,276$1,396,029$40,038,556
80$46,446,629$4,011,149$1,360,457$44,005,308
81$51,099,253$4,122,764$1,321,101$48,373,338
82$56,223,769$4,237,172$1,277,750$53,183,483
83$61,868,227$4,354,427$1,230,188$58,480,746
84$68,085,573$4,474,580$1,178,186$64,314,717
85$74,934,151$4,597,685$1,121,505$70,740,039
86$82,478,256$4,723,793$1,059,898$77,816,930
87$90,788,736$4,852,956$993,102$85,611,745
88$99,943,662$4,985,226$920,845$94,197,606
89$110,029,067$5,120,653$842,845$103,655,090
90$121,139,753$5,259,287$758,802$114,072,990
91$133,380,194$5,401,178$668,408$125,549,154
92$146,865,511$5,546,373$571,336$138,191,405
93$161,722,567$5,694,919$467,250$152,118,565
94$178,091,162$5,846,863$355,796$167,461,569
95$196,125,349$6,002,248$236,604$184,364,706
96$215,994,893$6,161,117$109,289$202,986,979
97$237,886,871$6,323,510$0$223,503,608
98$262,007,436$6,489,466$0$246,109,096
99$288,583,766$6,659,022$0$271,021,119
100$317,866,206$6,832,210$0$298,468,343