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%12.8%
1 years$103,224$102,304$101,407$100,532$99,677$98,513
2 years$51,101$50,149$49,227$48,333$47,465$46,294
3 years$33,729$32,773$31,853$30,967$30,114$28,971
4 years$25,045$24,092$23,181$22,310$21,477$20,372
5 years$19,835$18,888$17,989$17,136$16,327$15,262
6 years$16,364$15,424$14,538$13,704$12,919$11,897
7 years$13,885$12,953$12,081$11,267$10,506$9,527
8 years$12,027$11,103$10,246$9,451$8,716$7,779
9 years$10,582$9,667$8,825$8,051$7,340$6,445
10 years$9,427$8,521$7,694$6,940$6,254$5,400
11 years$8,483$7,586$6,773$6,040$5,379$4,566
12 years$7,696$6,809$6,011$5,298$4,661$3,888
13 years$7,031$6,153$5,371$4,677$4,065$3,330
14 years$6,462$5,593$4,825$4,152$3,563$2,866
15 years$5,969$5,109$4,357$3,703$3,137$2,477
16 years$5,538$4,688$3,950$3,315$2,773$2,148
17 years$5,158$4,317$3,594$2,979$2,458$1,868
18 years$4,821$3,989$3,281$2,684$2,186$1,629
19 years$4,519$3,697$3,004$2,426$1,948$1,423
20 years$4,248$3,436$2,757$2,197$1,740$1,246
21 years$4,004$3,200$2,536$1,994$1,557$1,092
22 years$3,781$2,987$2,337$1,813$1,396$959
23 years$3,579$2,794$2,158$1,651$1,253$843
24 years$3,393$2,618$1,996$1,506$1,126$741
25 years$3,223$2,457$1,848$1,375$1,014$653
26 years$3,066$2,309$1,714$1,257$913$576
27 years$2,921$2,173$1,592$1,151$823$508
28 years$2,786$2,047$1,480$1,054$743$448
29 years$2,661$1,931$1,377$967$671$396
30 years$2,544$1,824$1,283$887$606$349
31 years$2,436$1,724$1,196$815$548$309
32 years$2,334$1,632$1,116$749$496$273
33 years$2,239$1,545$1,042$689$448$241
34 years$2,149$1,464$973$634$406$214
35 years$2,065$1,389$910$583$368$189
36 years$1,985$1,318$851$537$333$167
37 years$1,910$1,252$797$495$302$148
38 years$1,840$1,190$746$456$274$131
39 years$1,772$1,132$699$421$248$116
40 years$1,709$1,077$655$388$225$103
41 years$1,649$1,025$614$358$204$91
42 years$1,591$976$576$330$185$81
43 years$1,537$930$541$305$168$71
44 years$1,485$886$508$282$153$63
45 years$1,436$845$477$260$139$56
46 years$1,389$806$448$240$126$50
47 years$1,344$770$421$222$114$44
48 years$1,301$735$395$205$104$39
49 years$1,260$702$372$190$94$35
50 years$1,220$670$349$175$86$31

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 $6,584 every year, while hoping to spend $59,616 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: 65/30/5 Blend
40$1,250,000$1,250,000$1,250,000$1,250,000
41$1,384,291$1,318,041$1,298,666$1,472,903
42$1,462,058$1,319,194$1,278,741$1,533,746
43$1,545,759$1,318,406$1,256,150$1,592,450
44$1,635,936$1,315,518$1,230,740$1,654,993
45$1,733,186$1,310,362$1,202,354$1,721,739
46$1,838,162$1,302,761$1,170,824$1,793,093
47$1,951,584$1,292,525$1,135,976$1,869,503
48$2,074,241$1,279,455$1,097,627$1,951,460
49$2,207,003$1,263,338$1,055,587$2,039,512
50$2,350,824$1,243,948$1,009,656$2,134,260
51$2,506,754$1,221,047$959,625$2,236,372
52$2,675,947$1,194,383$905,277$2,346,584
53$2,859,674$1,163,687$846,383$2,465,710
54$3,059,330$1,128,678$782,707$2,594,648
55$3,276,452$1,089,053$713,998$2,734,392
56$3,512,730$1,044,497$639,997$2,886,039
57$3,770,024$994,673$560,433$3,050,803
58$4,050,381$939,226$475,021$3,230,023
59$4,356,052$877,781$383,467$3,425,178
60$4,689,516$809,939$285,460$3,637,904
61$5,053,502$735,281$180,678$3,870,006
62$5,451,012$653,363$68,784$4,123,479
63$5,885,354$563,716$0$4,400,525
64$6,360,165$465,843$0$4,706,277
65$6,879,454$359,222$0$5,044,813
66$7,447,634$243,299$0$5,415,445
67$8,069,561$117,489$0$5,821,470
68$8,750,587$0$0$6,266,526
69$9,496,602$0$0$6,760,841
70$10,314,094$0$0$7,345,101
71$11,210,209$0$0$7,985,638
72$12,192,816$0$0$8,688,086
73$13,270,583$0$0$9,458,653
74$14,453,057$0$0$10,304,176
75$15,750,752$0$0$11,232,186
76$17,175,251$0$0$12,250,977
77$18,739,314$0$0$13,369,688
78$20,456,996$0$0$14,598,385
79$22,343,778$0$0$15,948,156
80$24,416,718$0$0$17,431,217
81$26,694,605$0$0$19,061,025
82$29,198,138$0$0$20,852,406
83$31,950,124$0$0$22,821,694
84$34,975,686$0$0$24,986,882
85$38,302,504$0$0$27,367,797
86$41,961,076$0$0$29,986,281
87$45,985,002$0$0$32,866,400
88$50,411,301$0$0$36,034,669
89$55,280,760$0$0$39,520,302
90$60,638,322$0$0$43,355,488
91$66,533,500$0$0$47,575,693
92$73,020,854$0$0$52,219,993
93$80,160,497$0$0$57,331,447
94$88,018,667$0$0$62,957,498
95$96,668,347$0$0$69,150,420
96$106,189,955$0$0$75,967,814
97$116,672,103$0$0$83,473,151
98$128,212,428$0$0$91,736,366
99$140,918,520$0$0$100,834,520
100$154,908,929$0$0$110,852,529