Can I retire at age 41 with 1,290,000?

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 $1,290,000?

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 years$106,527$105,578$104,652$103,749$102,866$101,162
2 years$52,736$51,754$50,802$49,879$48,984$47,272
3 years$34,808$33,822$32,872$31,958$31,077$29,411
4 years$25,846$24,863$23,923$23,024$22,165$20,557
5 years$20,470$19,493$18,565$17,685$16,849$15,304
6 years$16,887$15,917$15,003$14,143$13,332$11,852
7 years$14,329$13,367$12,468$11,627$10,843$9,428
8 years$12,411$11,458$10,574$9,754$8,995$7,645
9 years$10,921$9,976$9,107$8,308$7,575$6,289
10 years$9,729$8,794$7,940$7,162$6,454$5,231
11 years$8,754$7,829$6,990$6,233$5,551$4,390
12 years$7,943$7,026$6,203$5,467$4,810$3,710
13 years$7,256$6,350$5,542$4,827$4,195$3,153
14 years$6,669$5,772$4,980$4,284$3,677$2,692
15 years$6,160$5,273$4,496$3,821$3,238$2,307
16 years$5,715$4,838$4,076$3,421$2,861$1,984
17 years$5,323$4,455$3,709$3,074$2,537$1,711
18 years$4,975$4,117$3,386$2,770$2,256$1,479
19 years$4,664$3,815$3,100$2,503$2,011$1,281
20 years$4,384$3,545$2,845$2,267$1,796$1,111
21 years$4,132$3,302$2,617$2,058$1,607$966
22 years$3,902$3,083$2,412$1,871$1,441$840
23 years$3,693$2,883$2,227$1,704$1,293$731
24 years$3,502$2,701$2,059$1,554$1,162$638
25 years$3,326$2,535$1,907$1,419$1,046$556
26 years$3,164$2,383$1,769$1,298$942$486
27 years$3,014$2,242$1,643$1,188$849$424
28 years$2,875$2,113$1,527$1,088$766$371
29 years$2,746$1,993$1,421$998$692$324
30 years$2,626$1,882$1,324$916$625$284
31 years$2,514$1,780$1,234$841$565$248
32 years$2,409$1,684$1,151$773$511$217
33 years$2,310$1,595$1,075$711$463$190
34 years$2,218$1,511$1,004$654$419$167
35 years$2,131$1,433$939$602$380$146
36 years$2,049$1,361$879$555$344$128
37 years$1,971$1,292$822$511$312$112
38 years$1,898$1,228$770$471$283$98
39 years$1,829$1,168$721$434$256$86
40 years$1,764$1,111$676$400$232$75
41 years$1,701$1,058$634$370$211$66
42 years$1,642$1,007$595$341$191$58
43 years$1,586$960$558$315$174$51
44 years$1,533$915$524$291$158$45
45 years$1,482$872$492$268$143$39
46 years$1,433$832$462$248$130$34
47 years$1,387$794$434$229$118$30
48 years$1,342$758$408$212$107$26
49 years$1,300$724$383$196$97$23
50 years$1,259$692$360$181$88$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,290,000, adding $5,773 every year, while hoping to spend $37,569 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: 52/41/7 Blend
40$1,290,000$1,290,000$1,290,000$1,290,000
41$1,427,535$1,359,165$1,339,170$1,499,031
42$1,533,170$1,385,791$1,344,059$1,574,836
43$1,648,321$1,412,462$1,347,853$1,652,662
44$1,773,919$1,439,142$1,350,475$1,736,397
45$1,910,988$1,465,789$1,351,845$1,826,604
46$2,060,656$1,492,360$1,351,879$1,923,904
47$2,224,165$1,518,807$1,350,488$2,028,983
48$2,402,881$1,545,080$1,347,581$2,142,595
49$2,598,309$1,571,124$1,343,060$2,265,572
50$2,812,107$1,596,879$1,336,823$2,398,831
51$3,046,099$1,622,283$1,328,763$2,543,382
52$3,302,293$1,647,267$1,318,768$2,700,339
53$3,582,902$1,671,758$1,306,722$2,870,931
54$3,890,362$1,695,678$1,292,501$3,056,510
55$4,227,356$1,718,943$1,275,977$3,258,570
56$4,596,838$1,741,464$1,257,015$3,478,755
57$5,002,065$1,763,144$1,235,474$3,718,878
58$5,446,619$1,783,882$1,211,206$3,980,941
59$5,934,450$1,803,568$1,184,057$4,267,146
60$6,469,906$1,822,085$1,153,865$4,579,924
61$7,057,778$1,839,309$1,120,461$4,921,956
62$7,703,344$1,855,107$1,083,669$5,296,195
63$8,412,415$1,869,338$1,043,302$5,705,898
64$9,191,397$1,881,851$999,168$6,154,657
65$10,047,344$1,892,486$951,065$6,646,431
66$10,988,028$1,901,073$898,780$7,185,585
67$12,022,011$1,907,430$842,093$7,776,932
68$13,158,726$1,911,364$780,774$8,425,777
69$14,408,566$1,912,670$714,579$9,137,971
70$15,782,980$1,911,132$643,259$9,919,964
71$17,294,585$1,906,518$566,548$10,778,866
72$18,957,277$1,898,582$484,172$11,722,517
73$20,786,372$1,887,065$395,845$12,759,559
74$22,798,741$1,871,690$301,264$13,899,520
75$25,012,975$1,852,165$200,119$15,152,906
76$27,449,556$1,828,180$92,081$16,531,297
77$30,131,055$1,799,404$0$18,047,460
78$33,082,338$1,765,490$0$19,717,205
79$36,330,806$1,726,069$0$21,561,764
80$39,906,651$1,680,750$0$23,591,388
81$43,843,141$1,629,118$0$25,824,960
82$48,176,932$1,570,735$0$28,283,299
83$52,948,416$1,505,138$0$30,989,352
84$58,202,101$1,431,836$0$33,968,411
85$63,987,029$1,350,311$0$37,248,357
86$70,357,243$1,260,012$0$40,859,922
87$77,372,289$1,160,360$0$44,836,981
88$85,097,786$1,050,741$0$49,216,869
89$93,606,039$930,507$0$54,040,744
90$102,976,726$798,972$0$59,353,967
91$113,297,643$655,413$0$65,206,539
92$124,665,538$499,063$0$71,653,572
93$137,187,021$329,116$0$78,755,809
94$150,979,572$144,718$0$86,580,204
95$166,172,647$0$0$95,200,552
96$182,908,901$0$0$104,723,022
97$201,345,531$0$0$115,285,079
98$221,655,765$0$0$126,920,695
99$244,030,492$0$0$139,739,256
100$268,680,065$0$0$153,861,298