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%19%
1 years$104,050$103,123$102,219$101,336$100,474$96,832
2 years$51,510$50,550$49,621$48,719$47,845$44,216
3 years$33,999$33,035$32,108$31,215$30,355$26,852
4 years$25,245$24,284$23,366$22,489$21,649$18,300
5 years$19,994$19,039$18,133$17,273$16,457$13,271
6 years$16,495$15,547$14,654$13,814$13,022$10,000
7 years$13,996$13,056$12,178$11,357$10,591$7,733
8 years$12,123$11,192$10,328$9,527$8,786$6,089
9 years$10,667$9,744$8,895$8,115$7,399$4,860
10 years$9,502$8,589$7,755$6,995$6,304$3,919
11 years$8,551$7,646$6,827$6,088$5,422$3,185
12 years$7,758$6,863$6,059$5,340$4,699$2,604
13 years$7,088$6,202$5,414$4,714$4,097$2,140
14 years$6,514$5,638$4,864$4,185$3,592$1,766
15 years$6,017$5,150$4,392$3,732$3,162$1,461
16 years$5,582$4,725$3,982$3,342$2,795$1,213
17 years$5,199$4,352$3,623$3,003$2,478$1,008
18 years$4,859$4,021$3,307$2,706$2,203$840
19 years$4,555$3,727$3,028$2,445$1,964$701
20 years$4,282$3,463$2,779$2,214$1,754$585
21 years$4,036$3,226$2,556$2,010$1,570$489
22 years$3,811$3,011$2,356$1,827$1,407$410
23 years$3,607$2,816$2,175$1,664$1,263$343
24 years$3,420$2,639$2,012$1,518$1,135$287
25 years$3,248$2,476$1,863$1,386$1,022$241
26 years$3,090$2,327$1,728$1,267$920$202
27 years$2,944$2,190$1,605$1,160$830$169
28 years$2,808$2,064$1,492$1,063$749$142
29 years$2,682$1,947$1,388$975$676$119
30 years$2,565$1,839$1,293$895$611$100
31 years$2,455$1,738$1,205$822$552$84
32 years$2,353$1,645$1,125$755$500$71
33 years$2,256$1,558$1,050$694$452$59
34 years$2,166$1,476$981$639$409$50
35 years$2,081$1,400$917$588$371$42
36 years$2,001$1,329$858$542$336$35
37 years$1,926$1,262$803$499$304$30
38 years$1,854$1,200$752$460$276$25
39 years$1,787$1,141$705$424$250$21
40 years$1,723$1,085$660$391$227$18
41 years$1,662$1,033$619$361$206$15
42 years$1,604$984$581$333$187$12
43 years$1,549$937$545$307$170$10
44 years$1,497$894$512$284$154$9
45 years$1,447$852$480$262$140$7
46 years$1,400$813$451$242$127$6
47 years$1,355$776$424$224$115$5
48 years$1,311$740$398$207$105$4
49 years$1,270$707$374$191$95$4
50 years$1,230$675$352$177$86$3

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 $3,739 every year, while hoping to spend $42,767 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: 55/27/18 Blend
40$1,260,000$1,260,000$1,260,000$1,260,000
41$1,392,377$1,325,597$1,306,067$1,462,045
42$1,488,895$1,345,047$1,304,316$1,529,448
43$1,593,826$1,364,017$1,301,074$1,597,924
44$1,707,980$1,382,439$1,296,244$1,671,544
45$1,832,253$1,400,237$1,289,727$1,750,810
46$1,967,629$1,417,335$1,281,419$1,836,277
47$2,115,191$1,433,648$1,271,210$1,928,557
48$2,276,130$1,449,086$1,258,986$2,028,327
49$2,451,759$1,463,555$1,244,625$2,136,332
50$2,643,520$1,476,951$1,228,002$2,253,395
51$2,853,004$1,489,167$1,208,985$2,380,424
52$3,081,961$1,500,086$1,187,437$2,518,421
53$3,332,317$1,509,586$1,163,211$2,668,493
54$3,606,193$1,517,536$1,136,159$2,831,860
55$3,905,925$1,523,795$1,106,120$3,009,869
56$4,234,084$1,528,216$1,072,930$3,204,006
57$4,593,502$1,530,641$1,036,415$3,415,910
58$4,987,299$1,530,902$996,395$3,647,391
59$5,418,909$1,528,821$952,679$3,900,446
60$5,892,115$1,524,210$905,071$4,177,276
61$6,411,083$1,516,868$853,363$4,480,312
62$6,980,401$1,506,583$797,338$4,812,236
63$7,605,125$1,493,128$736,772$5,176,004
64$8,290,821$1,476,265$671,427$5,574,879
65$9,043,622$1,455,740$601,058$6,012,461
66$9,870,284$1,431,283$525,406$6,492,721
67$10,778,248$1,402,612$444,202$7,020,039
68$11,775,713$1,369,422$357,165$7,599,245
69$12,871,708$1,331,397$264,003$8,235,668
70$14,076,183$1,288,196$164,408$8,935,187
71$15,400,099$1,239,463$58,061$9,704,283
72$16,855,530$1,184,818$0$10,550,107
73$18,455,782$1,123,861$0$11,491,189
74$20,215,510$1,056,169$0$12,538,173
75$22,150,863$981,293$0$13,689,556
76$24,279,634$898,758$0$14,955,986
77$26,621,425$808,066$0$16,349,203
78$29,197,834$708,685$0$17,882,148
79$32,032,659$600,057$0$19,569,084
80$35,152,121$481,590$0$21,425,737
81$38,585,110$352,661$0$23,469,439
82$42,363,460$212,610$0$25,719,299
83$46,522,245$60,740$0$28,196,376
84$51,100,114$0$0$30,923,887
85$56,139,653$0$0$33,958,228
86$61,687,785$0$0$37,318,808
87$67,796,217$0$0$41,018,919
88$74,521,921$0$0$45,093,088
89$81,927,677$0$0$49,579,366
90$90,082,663$0$0$54,519,677
91$99,063,106$0$0$59,960,222
92$108,953,003$0$0$65,951,908
93$119,844,911$0$0$72,550,831
94$131,840,823$0$0$79,818,807
95$145,053,127$0$0$87,823,953
96$159,605,669$0$0$96,641,327
97$175,634,920$0$0$106,353,642
98$193,291,263$0$0$117,052,043
99$212,740,413$0$0$128,836,967
100$234,164,979$0$0$141,819,089