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

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$104,050$103,123$102,219$101,336$100,474$97,532
2 years$51,510$50,550$49,621$48,719$47,845$44,904
3 years$33,999$33,035$32,108$31,215$30,355$27,508
4 years$25,245$24,284$23,366$22,489$21,649$18,918
5 years$19,994$19,039$18,133$17,273$16,457$13,850
6 years$16,495$15,547$14,654$13,814$13,022$10,540
7 years$13,996$13,056$12,178$11,357$10,591$8,234
8 years$12,123$11,192$10,328$9,527$8,786$6,554
9 years$10,667$9,744$8,895$8,115$7,399$5,289
10 years$9,502$8,589$7,755$6,995$6,304$4,313
11 years$8,551$7,646$6,827$6,088$5,422$3,546
12 years$7,758$6,863$6,059$5,340$4,699$2,935
13 years$7,088$6,202$5,414$4,714$4,097$2,441
14 years$6,514$5,638$4,864$4,185$3,592$2,039
15 years$6,017$5,150$4,392$3,732$3,162$1,710
16 years$5,582$4,725$3,982$3,342$2,795$1,437
17 years$5,199$4,352$3,623$3,003$2,478$1,211
18 years$4,859$4,021$3,307$2,706$2,203$1,023
19 years$4,555$3,727$3,028$2,445$1,964$865
20 years$4,282$3,463$2,779$2,214$1,754$732
21 years$4,036$3,226$2,556$2,010$1,570$621
22 years$3,811$3,011$2,356$1,827$1,407$527
23 years$3,607$2,816$2,175$1,664$1,263$447
24 years$3,420$2,639$2,012$1,518$1,135$380
25 years$3,248$2,476$1,863$1,386$1,022$323
26 years$3,090$2,327$1,728$1,267$920$275
27 years$2,944$2,190$1,605$1,160$830$234
28 years$2,808$2,064$1,492$1,063$749$199
29 years$2,682$1,947$1,388$975$676$170
30 years$2,565$1,839$1,293$895$611$145
31 years$2,455$1,738$1,205$822$552$123
32 years$2,353$1,645$1,125$755$500$105
33 years$2,256$1,558$1,050$694$452$90
34 years$2,166$1,476$981$639$409$76
35 years$2,081$1,400$917$588$371$65
36 years$2,001$1,329$858$542$336$56
37 years$1,926$1,262$803$499$304$47
38 years$1,854$1,200$752$460$276$40
39 years$1,787$1,141$705$424$250$34
40 years$1,723$1,085$660$391$227$29
41 years$1,662$1,033$619$361$206$25
42 years$1,604$984$581$333$187$21
43 years$1,549$937$545$307$170$18
44 years$1,497$894$512$284$154$16
45 years$1,447$852$480$262$140$13
46 years$1,400$813$451$242$127$11
47 years$1,355$776$424$224$115$10
48 years$1,311$740$398$207$105$8
49 years$1,270$707$374$191$95$7
50 years$1,230$675$352$177$86$6

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 $3,845 every year, while hoping to spend $28,751 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: 48/26/26 Blend
40$1,260,000$1,260,000$1,260,000$1,260,000
41$1,392,486$1,325,706$1,306,176$1,448,846
42$1,503,929$1,360,075$1,319,342$1,523,139
43$1,625,775$1,395,164$1,331,986$1,600,627
44$1,759,056$1,430,979$1,344,059$1,684,209
45$1,904,906$1,467,523$1,355,511$1,774,474
46$2,064,575$1,504,800$1,366,289$1,872,071
47$2,239,439$1,542,813$1,376,338$1,977,712
48$2,431,015$1,581,564$1,385,598$2,092,184
49$2,640,970$1,621,052$1,394,007$2,216,353
50$2,871,144$1,661,279$1,401,501$2,351,175
51$3,123,560$1,702,241$1,408,011$2,497,702
52$3,400,449$1,743,937$1,413,465$2,657,092
53$3,704,267$1,786,361$1,417,788$2,830,625
54$4,037,719$1,829,509$1,420,901$3,019,707
55$4,403,784$1,873,374$1,422,719$3,225,892
56$4,805,746$1,917,945$1,423,156$3,450,889
57$5,247,221$1,963,213$1,422,121$3,696,585
58$5,732,192$2,009,165$1,419,516$3,965,056
59$6,265,047$2,055,786$1,415,242$4,258,593
60$6,850,621$2,103,058$1,409,191$4,579,720
61$7,494,239$2,150,963$1,401,254$4,931,220
62$8,201,769$2,199,478$1,391,314$5,316,158
63$8,979,676$2,248,578$1,379,249$5,737,916
64$9,835,081$2,298,236$1,364,931$6,200,217
65$10,775,830$2,348,421$1,348,228$6,707,170
66$11,810,570$2,399,099$1,328,999$7,263,298
67$12,948,824$2,450,231$1,307,096$7,873,593
68$14,201,088$2,501,777$1,282,368$8,543,552
69$15,578,925$2,553,690$1,254,653$9,279,236
70$17,095,075$2,605,920$1,223,784$10,087,326
71$18,763,576$2,658,413$1,189,584$10,975,185
72$20,599,896$2,711,110$1,151,870$11,950,929
73$22,621,076$2,763,946$1,110,448$13,023,505
74$24,845,897$2,816,850$1,065,119$14,202,772
75$27,295,050$2,869,747$1,015,672$15,499,599
76$29,991,334$2,922,554$961,887$16,925,965
77$32,959,874$2,975,183$903,534$18,495,072
78$36,228,352$3,027,538$840,373$20,221,475
79$39,827,271$3,079,514$772,153$22,121,211
80$43,790,245$3,131,002$698,612$24,211,961
81$48,154,310$3,181,882$619,476$26,513,209
82$52,960,280$3,232,025$534,458$29,046,434
83$58,253,127$3,281,293$443,262$31,835,305
84$64,082,408$3,329,538$345,573$34,905,912
85$70,502,731$3,376,602$241,067$38,287,010
86$77,574,270$3,422,316$129,403$42,010,291
87$85,363,334$3,466,498$10,226$46,110,687
88$93,942,993$3,508,955$0$50,626,694
89$103,393,763$3,549,479$0$55,633,190
90$113,804,372$3,587,848$0$61,149,630
91$125,272,593$3,623,828$0$67,224,826
92$137,906,168$3,657,167$0$73,915,702
93$151,823,825$3,687,595$0$81,284,984
94$167,156,397$3,714,829$0$89,401,799
95$184,048,056$3,738,563$0$98,342,326
96$202,657,679$3,758,474$0$108,190,514
97$223,160,341$3,774,217$0$119,038,875
98$245,748,968$3,785,426$0$130,989,361
99$270,636,163$3,791,712$0$144,154,321
100$298,056,207$3,792,661$0$158,657,567