Can I retire at age 41 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$104,875$103,941$103,030$102,140$101,272$99,553
2 years$51,919$50,952$50,014$49,106$48,225$46,498
3 years$34,269$33,297$32,363$31,463$30,596$28,916
4 years$25,445$24,477$23,552$22,667$21,821$20,200
5 years$20,153$19,190$18,277$17,410$16,588$15,031
6 years$16,625$15,670$14,771$13,923$13,126$11,634
7 years$14,107$13,160$12,274$11,447$10,675$9,249
8 years$12,219$11,281$10,410$9,603$8,856$7,496
9 years$10,751$9,822$8,966$8,179$7,458$6,163
10 years$9,578$8,657$7,817$7,051$6,354$5,123
11 years$8,618$7,707$6,882$6,136$5,465$4,296
12 years$7,819$6,918$6,107$5,382$4,736$3,628
13 years$7,144$6,251$5,456$4,752$4,130$3,081
14 years$6,565$5,682$4,903$4,218$3,620$2,629
15 years$6,064$5,191$4,426$3,762$3,187$2,252
16 years$5,627$4,763$4,013$3,368$2,817$1,936
17 years$5,241$4,386$3,652$3,026$2,498$1,668
18 years$4,898$4,053$3,334$2,727$2,221$1,441
19 years$4,592$3,756$3,052$2,464$1,980$1,247
20 years$4,316$3,491$2,801$2,232$1,768$1,081
21 years$4,068$3,251$2,576$2,026$1,582$938
22 years$3,842$3,035$2,374$1,842$1,418$816
23 years$3,636$2,839$2,192$1,677$1,273$710
24 years$3,447$2,660$2,028$1,530$1,144$618
25 years$3,274$2,496$1,878$1,397$1,030$539
26 years$3,115$2,346$1,742$1,277$928$470
27 years$2,967$2,208$1,617$1,169$836$410
28 years$2,831$2,080$1,503$1,071$755$358
29 years$2,704$1,962$1,399$982$681$313
30 years$2,585$1,853$1,303$902$616$274
31 years$2,475$1,752$1,215$828$557$239
32 years$2,371$1,658$1,134$761$503$209
33 years$2,274$1,570$1,058$700$456$183
34 years$2,183$1,488$989$644$413$160
35 years$2,098$1,411$925$593$374$140
36 years$2,017$1,339$865$546$339$123
37 years$1,941$1,272$810$503$307$107
38 years$1,869$1,209$758$464$278$94
39 years$1,801$1,150$710$427$252$82
40 years$1,736$1,094$666$394$229$72
41 years$1,675$1,041$624$364$208$63
42 years$1,617$992$586$336$188$55
43 years$1,562$945$549$310$171$48
44 years$1,509$901$516$286$155$42
45 years$1,459$859$484$264$141$37
46 years$1,411$819$455$244$128$33
47 years$1,365$782$427$226$116$29
48 years$1,322$746$402$208$105$25
49 years$1,280$713$377$193$96$22
50 years$1,240$681$355$178$87$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,270,000, adding $2,046 every year, while hoping to spend $21,489 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: 42/33/25 Blend
40$1,270,000$1,270,000$1,270,000$1,270,000
41$1,401,650$1,334,340$1,314,655$1,450,180
42$1,521,755$1,376,859$1,335,832$1,527,643
43$1,653,389$1,420,741$1,356,998$1,609,276
44$1,797,708$1,466,030$1,378,130$1,697,260
45$1,955,980$1,512,772$1,399,204$1,792,192
46$2,129,606$1,561,013$1,420,194$1,894,730
47$2,320,127$1,610,804$1,441,071$2,005,595
48$2,529,239$1,662,193$1,461,806$2,125,584
49$2,758,814$1,715,232$1,482,369$2,255,573
50$3,010,910$1,769,976$1,502,725$2,396,523
51$3,287,797$1,826,479$1,522,841$2,549,497
52$3,591,975$1,884,799$1,542,678$2,715,661
53$3,926,196$1,944,994$1,562,198$2,896,299
54$4,293,495$2,007,125$1,581,358$3,092,827
55$4,697,213$2,071,256$1,600,116$3,306,801
56$5,141,033$2,137,452$1,618,424$3,539,936
57$5,629,011$2,205,780$1,636,234$3,794,121
58$6,165,616$2,276,308$1,653,493$4,071,435
59$6,755,771$2,349,110$1,670,147$4,374,167
60$7,404,902$2,424,258$1,686,140$4,704,839
61$8,118,985$2,501,831$1,701,409$5,066,229
62$8,904,607$2,581,906$1,715,891$5,461,395
63$9,769,023$2,664,565$1,729,520$5,893,707
64$10,720,228$2,749,894$1,742,223$6,366,876
65$11,767,031$2,837,978$1,753,927$6,884,991
66$12,919,138$2,928,909$1,764,554$7,452,554
67$14,187,244$3,022,779$1,774,020$8,074,528
68$15,583,133$3,119,686$1,782,240$8,756,376
69$17,119,790$3,219,727$1,789,122$9,504,120
70$18,811,521$3,323,007$1,794,571$10,324,393
71$20,674,093$3,429,631$1,798,485$11,224,503
72$22,724,877$3,539,709$1,800,761$12,212,501
73$24,983,014$3,653,354$1,801,286$13,297,257
74$27,469,598$3,770,685$1,799,946$14,488,544
75$30,207,870$3,891,822$1,796,617$15,797,131
76$33,223,442$4,016,890$1,791,173$17,234,882
77$36,544,535$4,146,020$1,783,479$18,814,868
78$40,202,247$4,279,344$1,773,395$20,551,495
79$44,230,845$4,417,001$1,760,773$22,460,631
80$48,668,092$4,559,135$1,745,460$24,559,765
81$53,555,598$4,705,893$1,727,293$26,868,165
82$58,939,215$4,857,427$1,706,103$29,407,063
83$64,869,470$5,013,897$1,681,713$32,199,854
84$71,402,043$5,175,465$1,653,938$35,272,317
85$78,598,289$5,342,300$1,622,582$38,652,858
86$86,525,820$5,514,578$1,587,443$42,372,778
87$95,259,139$5,692,478$1,548,308$46,466,569
88$104,880,348$5,876,186$1,504,954$50,972,239
89$115,479,922$6,065,898$1,457,148$55,931,668
90$127,157,558$6,261,811$1,404,646$61,391,008
91$140,023,121$6,464,132$1,347,195$67,401,114
92$154,197,680$6,673,075$1,284,526$74,018,026
93$169,814,649$6,888,861$1,216,363$81,303,500
94$187,021,045$7,111,717$1,142,413$89,325,584
95$205,978,881$7,341,881$1,062,373$98,159,267
96$226,866,690$7,579,595$975,925$107,887,185
97$249,881,210$7,825,114$882,737$118,600,399
98$275,239,247$8,078,697$782,462$130,399,254
99$303,179,713$8,340,617$674,737$143,394,330
100$333,965,887$8,611,151$559,185$157,707,482