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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.8%
1 years$103,224$102,304$101,407$100,532$99,677$97,307
2 years$51,101$50,149$49,227$48,333$47,465$45,091
3 years$33,729$32,773$31,853$30,967$30,114$27,810
4 years$25,045$24,092$23,181$22,310$21,477$19,262
5 years$19,835$18,888$17,989$17,136$16,327$14,205
6 years$16,364$15,424$14,538$13,704$12,919$10,894
7 years$13,885$12,953$12,081$11,267$10,506$8,578
8 years$12,027$11,103$10,246$9,451$8,716$6,884
9 years$10,582$9,667$8,825$8,051$7,340$5,602
10 years$9,427$8,521$7,694$6,940$6,254$4,609
11 years$8,483$7,586$6,773$6,040$5,379$3,823
12 years$7,696$6,809$6,011$5,298$4,661$3,193
13 years$7,031$6,153$5,371$4,677$4,065$2,682
14 years$6,462$5,593$4,825$4,152$3,563$2,262
15 years$5,969$5,109$4,357$3,703$3,137$1,915
16 years$5,538$4,688$3,950$3,315$2,773$1,626
17 years$5,158$4,317$3,594$2,979$2,458$1,384
18 years$4,821$3,989$3,281$2,684$2,186$1,181
19 years$4,519$3,697$3,004$2,426$1,948$1,009
20 years$4,248$3,436$2,757$2,197$1,740$864
21 years$4,004$3,200$2,536$1,994$1,557$740
22 years$3,781$2,987$2,337$1,813$1,396$635
23 years$3,579$2,794$2,158$1,651$1,253$545
24 years$3,393$2,618$1,996$1,506$1,126$469
25 years$3,223$2,457$1,848$1,375$1,014$403
26 years$3,066$2,309$1,714$1,257$913$347
27 years$2,921$2,173$1,592$1,151$823$299
28 years$2,786$2,047$1,480$1,054$743$257
29 years$2,661$1,931$1,377$967$671$222
30 years$2,544$1,824$1,283$887$606$191
31 years$2,436$1,724$1,196$815$548$165
32 years$2,334$1,632$1,116$749$496$142
33 years$2,239$1,545$1,042$689$448$122
34 years$2,149$1,464$973$634$406$106
35 years$2,065$1,389$910$583$368$91
36 years$1,985$1,318$851$537$333$79
37 years$1,910$1,252$797$495$302$68
38 years$1,840$1,190$746$456$274$59
39 years$1,772$1,132$699$421$248$51
40 years$1,709$1,077$655$388$225$44
41 years$1,649$1,025$614$358$204$38
42 years$1,591$976$576$330$185$33
43 years$1,537$930$541$305$168$28
44 years$1,485$886$508$282$153$24
45 years$1,436$845$477$260$139$21
46 years$1,389$806$448$240$126$18
47 years$1,344$770$421$222$114$16
48 years$1,301$735$395$205$104$13
49 years$1,260$702$372$190$94$12
50 years$1,220$670$349$175$86$10

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 $5,085 every year, while hoping to spend $57,544 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: 69/5/26 Blend
40$1,250,000$1,250,000$1,250,000$1,250,000
41$1,382,745$1,316,495$1,297,120$1,468,583
42$1,462,559$1,319,777$1,279,347$1,530,089
43$1,548,585$1,321,291$1,259,050$1,590,284
44$1,641,396$1,320,890$1,236,084$1,654,826
45$1,741,622$1,318,417$1,210,297$1,724,144
46$1,849,954$1,313,707$1,181,528$1,798,713
47$1,967,153$1,306,582$1,149,613$1,879,057
48$2,094,054$1,296,856$1,114,377$1,965,755
49$2,231,576$1,284,330$1,075,637$2,059,446
50$2,380,729$1,268,794$1,033,202$2,160,837
51$2,542,624$1,250,025$986,875$2,270,707
52$2,718,482$1,227,787$936,446$2,389,917
53$2,909,648$1,201,829$881,698$2,519,417
54$3,117,600$1,171,887$822,403$2,660,257
55$3,343,965$1,137,679$758,323$2,813,596
56$3,590,533$1,098,909$689,210$2,980,712
57$3,859,273$1,055,262$614,805$3,163,017
58$4,152,354$1,006,405$534,836$3,362,069
59$4,472,162$951,986$449,020$3,579,589
60$4,821,322$891,633$357,062$3,817,474
61$5,202,726$824,952$258,653$4,077,820
62$5,619,557$751,528$153,471$4,362,939
63$6,075,318$670,919$41,178$4,675,381
64$6,573,868$582,661$0$5,017,961
65$7,119,454$486,263$0$5,415,608
66$7,716,754$381,206$0$5,863,536
67$8,370,918$266,941$0$6,354,197
68$9,087,620$142,889$0$6,891,872
69$9,873,106$8,439$0$7,481,279
70$10,734,255$0$0$8,127,615
71$11,678,646$0$0$8,844,145
72$12,714,624$0$0$9,630,746
73$13,851,381$0$0$10,493,942
74$15,099,043$0$0$11,441,430
75$16,468,764$0$0$12,481,692
76$17,972,829$0$0$13,624,067
77$19,624,773$0$0$14,878,845
78$21,439,504$0$0$16,257,362
79$23,433,448$0$0$17,772,106
80$25,624,698$0$0$19,436,832
81$28,033,188$0$0$21,266,698
82$30,680,879$0$0$23,278,401
83$33,591,967$0$0$25,490,336
84$36,793,107$0$0$27,922,771
85$40,313,669$0$0$30,598,035
86$44,186,009$0$0$33,540,732
87$48,445,779$0$0$36,777,967
88$53,132,258$0$0$40,339,606
89$58,288,726$0$0$44,258,556
90$63,962,869$0$0$48,571,076
91$70,207,228$0$0$53,317,114
92$77,079,697$0$0$58,540,689
93$84,644,063$0$0$64,290,303
94$92,970,616$0$0$70,619,400
95$102,136,803$0$0$77,586,867
96$112,227,960$0$0$85,257,590
97$123,338,122$0$0$93,703,068
98$135,570,902$0$0$103,002,084
99$149,040,472$0$0$113,241,452
100$163,872,641$0$0$124,516,829