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%13.9%
1 years$103,224$102,304$101,407$100,532$99,677$98,066
2 years$51,101$50,149$49,227$48,333$47,465$45,847
3 years$33,729$32,773$31,853$30,967$30,114$28,538
4 years$25,045$24,092$23,181$22,310$21,477$19,957
5 years$19,835$18,888$17,989$17,136$16,327$14,865
6 years$16,364$15,424$14,538$13,704$12,919$11,518
7 years$13,885$12,953$12,081$11,267$10,506$9,167
8 years$12,027$11,103$10,246$9,451$8,716$7,438
9 years$10,582$9,667$8,825$8,051$7,340$6,123
10 years$9,427$8,521$7,694$6,940$6,254$5,096
11 years$8,483$7,586$6,773$6,040$5,379$4,279
12 years$7,696$6,809$6,011$5,298$4,661$3,618
13 years$7,031$6,153$5,371$4,677$4,065$3,077
14 years$6,462$5,593$4,825$4,152$3,563$2,629
15 years$5,969$5,109$4,357$3,703$3,137$2,255
16 years$5,538$4,688$3,950$3,315$2,773$1,941
17 years$5,158$4,317$3,594$2,979$2,458$1,675
18 years$4,821$3,989$3,281$2,684$2,186$1,449
19 years$4,519$3,697$3,004$2,426$1,948$1,256
20 years$4,248$3,436$2,757$2,197$1,740$1,090
21 years$4,004$3,200$2,536$1,994$1,557$948
22 years$3,781$2,987$2,337$1,813$1,396$825
23 years$3,579$2,794$2,158$1,651$1,253$719
24 years$3,393$2,618$1,996$1,506$1,126$627
25 years$3,223$2,457$1,848$1,375$1,014$548
26 years$3,066$2,309$1,714$1,257$913$479
27 years$2,921$2,173$1,592$1,151$823$418
28 years$2,786$2,047$1,480$1,054$743$366
29 years$2,661$1,931$1,377$967$671$320
30 years$2,544$1,824$1,283$887$606$280
31 years$2,436$1,724$1,196$815$548$245
32 years$2,334$1,632$1,116$749$496$215
33 years$2,239$1,545$1,042$689$448$188
34 years$2,149$1,464$973$634$406$165
35 years$2,065$1,389$910$583$368$145
36 years$1,985$1,318$851$537$333$127
37 years$1,910$1,252$797$495$302$111
38 years$1,840$1,190$746$456$274$98
39 years$1,772$1,132$699$421$248$86
40 years$1,709$1,077$655$388$225$75
41 years$1,649$1,025$614$358$204$66
42 years$1,591$976$576$330$185$58
43 years$1,537$930$541$305$168$51
44 years$1,485$886$508$282$153$45
45 years$1,436$845$477$260$139$39
46 years$1,389$806$448$240$126$34
47 years$1,344$770$421$222$114$30
48 years$1,301$735$395$205$104$26
49 years$1,260$702$372$190$94$23
50 years$1,220$670$349$175$86$20

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 $5,996 every year, while hoping to spend $30,991 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: 71/10/19 Blend
40$1,250,000$1,250,000$1,250,000$1,250,000
41$1,383,685$1,317,435$1,298,060$1,475,198
42$1,491,847$1,349,015$1,308,571$1,568,479
43$1,610,002$1,381,104$1,318,395$1,666,309
44$1,739,138$1,413,694$1,327,477$1,772,639
45$1,880,341$1,446,775$1,335,758$1,888,307
46$2,034,806$1,480,338$1,343,176$2,014,237
47$2,203,851$1,514,369$1,349,668$2,151,444
48$2,388,925$1,548,855$1,355,163$2,301,048
49$2,591,627$1,583,780$1,359,592$2,464,284
50$2,813,713$1,619,125$1,362,878$2,642,509
51$3,057,120$1,654,871$1,364,944$2,837,223
52$3,323,982$1,690,996$1,365,705$3,050,075
53$3,616,648$1,727,474$1,365,076$3,282,884
54$3,937,705$1,764,279$1,362,964$3,537,654
55$4,290,002$1,801,380$1,359,275$3,816,592
56$4,676,679$1,838,744$1,353,908$4,122,132
57$5,101,194$1,876,336$1,346,757$4,456,954
58$5,567,356$1,914,116$1,337,713$4,824,014
59$6,079,359$1,952,042$1,326,660$5,226,566
60$6,641,828$1,990,065$1,313,477$5,668,200
61$7,259,853$2,028,137$1,298,037$6,152,869
62$7,939,044$2,066,202$1,280,208$6,684,930
63$8,685,581$2,104,201$1,259,849$7,269,186
64$9,506,273$2,142,069$1,236,817$7,910,928
65$10,408,620$2,179,738$1,210,958$8,615,988
66$11,400,887$2,217,133$1,182,113$9,390,794
67$12,492,179$2,254,174$1,150,115$10,242,428
68$13,692,527$2,290,774$1,114,790$11,178,696
69$15,012,985$2,326,842$1,075,955$12,208,200
70$16,465,729$2,362,277$1,033,419$13,340,422
71$18,064,178$2,396,973$986,983$14,585,809
72$19,823,116$2,430,816$936,438$15,955,875
73$21,758,831$2,463,684$881,567$17,463,311
74$23,889,273$2,495,446$822,140$19,122,101
75$26,234,218$2,525,961$757,921$20,947,658
76$28,815,456$2,555,082$688,660$22,956,967
77$31,657,000$2,582,648$614,097$25,168,747
78$34,785,305$2,608,489$533,960$27,603,628
79$38,229,526$2,632,424$447,967$30,284,345
80$42,021,784$2,654,260$355,821$33,235,954
81$46,197,478$2,673,790$257,213$36,486,068
82$50,795,610$2,690,796$151,819$40,065,119
83$55,859,161$2,705,043$39,304$44,006,643
84$61,435,489$2,716,284$0$48,347,602
85$67,576,782$2,724,255$0$53,145,101
86$74,340,546$2,728,675$0$58,437,224
87$81,790,147$2,729,246$0$64,265,543
88$89,995,414$2,725,651$0$70,684,659
89$99,033,293$2,717,555$0$77,754,739
90$108,988,573$2,704,599$0$85,542,087
91$119,954,689$2,686,406$0$94,119,769
92$132,034,601$2,662,574$0$103,568,299
93$145,341,767$2,632,676$0$113,976,403
94$160,001,213$2,596,263$0$125,441,858
95$176,150,711$2,552,854$0$138,072,408
96$193,942,084$2,501,944$0$151,986,787
97$213,542,632$2,442,996$0$167,315,840
98$235,136,718$2,375,440$0$184,203,754
99$258,927,502$2,298,675$0$202,809,422
100$285,138,861$2,212,064$0$223,307,942