Can I retire at age 41 with 1,260,000?

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$104,050$103,123$102,219$101,336$100,474$99,466
2 years$51,510$50,550$49,621$48,719$47,845$46,830
3 years$33,999$33,035$32,108$31,215$30,355$29,364
4 years$25,245$24,284$23,366$22,489$21,649$20,690
5 years$19,994$19,039$18,133$17,273$16,457$15,533
6 years$16,495$15,547$14,654$13,814$13,022$12,134
7 years$13,996$13,056$12,178$11,357$10,591$9,738
8 years$12,123$11,192$10,328$9,527$8,786$7,970
9 years$10,667$9,744$8,895$8,115$7,399$6,619
10 years$9,502$8,589$7,755$6,995$6,304$5,559
11 years$8,551$7,646$6,827$6,088$5,422$4,712
12 years$7,758$6,863$6,059$5,340$4,699$4,022
13 years$7,088$6,202$5,414$4,714$4,097$3,454
14 years$6,514$5,638$4,864$4,185$3,592$2,981
15 years$6,017$5,150$4,392$3,732$3,162$2,583
16 years$5,582$4,725$3,982$3,342$2,795$2,246
17 years$5,199$4,352$3,623$3,003$2,478$1,959
18 years$4,859$4,021$3,307$2,706$2,203$1,713
19 years$4,555$3,727$3,028$2,445$1,964$1,501
20 years$4,282$3,463$2,779$2,214$1,754$1,318
21 years$4,036$3,226$2,556$2,010$1,570$1,159
22 years$3,811$3,011$2,356$1,827$1,407$1,020
23 years$3,607$2,816$2,175$1,664$1,263$900
24 years$3,420$2,639$2,012$1,518$1,135$794
25 years$3,248$2,476$1,863$1,386$1,022$701
26 years$3,090$2,327$1,728$1,267$920$620
27 years$2,944$2,190$1,605$1,160$830$549
28 years$2,808$2,064$1,492$1,063$749$486
29 years$2,682$1,947$1,388$975$676$430
30 years$2,565$1,839$1,293$895$611$381
31 years$2,455$1,738$1,205$822$552$338
32 years$2,353$1,645$1,125$755$500$300
33 years$2,256$1,558$1,050$694$452$266
34 years$2,166$1,476$981$639$409$236
35 years$2,081$1,400$917$588$371$210
36 years$2,001$1,329$858$542$336$186
37 years$1,926$1,262$803$499$304$165
38 years$1,854$1,200$752$460$276$147
39 years$1,787$1,141$705$424$250$131
40 years$1,723$1,085$660$391$227$116
41 years$1,662$1,033$619$361$206$103
42 years$1,604$984$581$333$187$92
43 years$1,549$937$545$307$170$81
44 years$1,497$894$512$284$154$72
45 years$1,447$852$480$262$140$64
46 years$1,400$813$451$242$127$57
47 years$1,355$776$424$224$115$51
48 years$1,311$740$398$207$105$45
49 years$1,270$707$374$191$95$40
50 years$1,230$675$352$177$86$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,260,000, adding $5,963 every year, while hoping to spend $35,731 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: 42/32/26 Blend
40$1,260,000$1,260,000$1,260,000$1,260,000
41$1,394,671$1,327,891$1,308,361$1,442,412
42$1,498,910$1,354,940$1,314,173$1,504,269
43$1,612,583$1,382,117$1,318,983$1,567,378
44$1,736,617$1,409,390$1,322,719$1,635,027
45$1,872,027$1,436,726$1,325,305$1,707,657
46$2,019,935$1,464,087$1,326,664$1,785,753
47$2,181,574$1,491,432$1,326,713$1,869,849
48$2,358,301$1,518,720$1,325,365$1,960,537
49$2,551,613$1,545,901$1,322,529$2,058,469
50$2,763,154$1,572,927$1,318,110$2,164,363
51$2,994,737$1,599,742$1,312,009$2,279,014
52$3,248,359$1,626,288$1,304,120$2,403,298
53$3,526,217$1,652,502$1,294,334$2,538,182
54$3,830,733$1,678,316$1,282,535$2,684,732
55$4,164,571$1,703,657$1,268,604$2,844,126
56$4,530,669$1,728,448$1,252,413$3,017,662
57$4,932,260$1,752,605$1,233,832$3,206,775
58$5,372,907$1,776,038$1,212,721$3,413,045
59$5,856,532$1,798,653$1,188,936$3,638,219
60$6,387,458$1,820,347$1,162,326$3,884,221
61$6,970,446$1,841,011$1,132,731$4,153,176
62$7,610,740$1,860,529$1,099,986$4,447,427
63$8,314,117$1,878,777$1,063,917$4,769,561
64$9,086,941$1,895,621$1,024,343$5,122,430
65$9,936,225$1,910,922$981,073$5,509,181
66$10,869,691$1,924,529$933,911$5,933,285
67$11,895,850$1,936,281$882,647$6,398,572
68$13,024,077$1,946,009$827,066$6,909,266
69$14,264,701$1,953,532$766,941$7,470,025
70$15,629,101$1,958,656$702,035$8,085,990
71$17,129,817$1,961,177$632,100$8,762,827
72$18,780,662$1,960,879$556,879$9,506,789
73$20,596,857$1,957,529$476,102$10,324,771
74$22,595,171$1,950,883$389,486$11,224,376
75$24,794,083$1,940,680$296,738$12,213,990
76$27,213,951$1,926,645$197,551$13,302,862
77$29,877,208$1,908,485$91,603$14,501,190
78$32,808,572$1,885,889$0$15,820,220
79$36,035,277$1,858,529$0$17,278,307
80$39,587,333$1,826,055$0$18,910,680
81$43,497,808$1,788,098$0$20,707,079
82$47,803,136$1,744,267$0$22,684,235
83$52,543,468$1,694,148$0$24,860,592
84$57,763,042$1,637,302$0$27,256,477
85$63,510,608$1,573,264$0$29,894,297
86$69,839,881$1,501,545$0$32,798,747
87$76,810,052$1,421,624$0$35,997,049
88$84,486,345$1,332,952$0$39,519,205
89$92,940,633$1,234,947$0$43,398,284
90$102,252,114$1,126,996$0$47,670,736
91$112,508,059$1,008,448$0$52,376,735
92$123,804,637$878,618$0$57,560,558
93$136,247,819$736,780$0$63,271,011
94$149,954,382$582,167$0$69,561,883
95$165,053,007$413,971$0$76,492,460
96$181,685,495$231,337$0$84,128,086
97$200,008,105$33,362$0$92,540,778
98$220,193,028$0$0$101,809,914
99$242,430,012$0$0$112,086,678
100$266,928,153$0$0$123,421,630