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%14.3%
1 years$106,527$105,578$104,652$103,749$102,866$101,038
2 years$52,736$51,754$50,802$49,879$48,984$47,148
3 years$34,808$33,822$32,872$31,958$31,077$29,291
4 years$25,846$24,863$23,923$23,024$22,165$20,442
5 years$20,470$19,493$18,565$17,685$16,849$15,195
6 years$16,887$15,917$15,003$14,143$13,332$11,748
7 years$14,329$13,367$12,468$11,627$10,843$9,329
8 years$12,411$11,458$10,574$9,754$8,995$7,552
9 years$10,921$9,976$9,107$8,308$7,575$6,202
10 years$9,729$8,794$7,940$7,162$6,454$5,149
11 years$8,754$7,829$6,990$6,233$5,551$4,313
12 years$7,943$7,026$6,203$5,467$4,810$3,637
13 years$7,256$6,350$5,542$4,827$4,195$3,085
14 years$6,669$5,772$4,980$4,284$3,677$2,629
15 years$6,160$5,273$4,496$3,821$3,238$2,249
16 years$5,715$4,838$4,076$3,421$2,861$1,930
17 years$5,323$4,455$3,709$3,074$2,537$1,661
18 years$4,975$4,117$3,386$2,770$2,256$1,432
19 years$4,664$3,815$3,100$2,503$2,011$1,238
20 years$4,384$3,545$2,845$2,267$1,796$1,071
21 years$4,132$3,302$2,617$2,058$1,607$929
22 years$3,902$3,083$2,412$1,871$1,441$806
23 years$3,693$2,883$2,227$1,704$1,293$700
24 years$3,502$2,701$2,059$1,554$1,162$609
25 years$3,326$2,535$1,907$1,419$1,046$530
26 years$3,164$2,383$1,769$1,298$942$462
27 years$3,014$2,242$1,643$1,188$849$402
28 years$2,875$2,113$1,527$1,088$766$351
29 years$2,746$1,993$1,421$998$692$306
30 years$2,626$1,882$1,324$916$625$267
31 years$2,514$1,780$1,234$841$565$233
32 years$2,409$1,684$1,151$773$511$203
33 years$2,310$1,595$1,075$711$463$178
34 years$2,218$1,511$1,004$654$419$155
35 years$2,131$1,433$939$602$380$136
36 years$2,049$1,361$879$555$344$118
37 years$1,971$1,292$822$511$312$104
38 years$1,898$1,228$770$471$283$91
39 years$1,829$1,168$721$434$256$79
40 years$1,764$1,111$676$400$232$69
41 years$1,701$1,058$634$370$211$60
42 years$1,642$1,007$595$341$191$53
43 years$1,586$960$558$315$174$46
44 years$1,533$915$524$291$158$40
45 years$1,482$872$492$268$143$35
46 years$1,433$832$462$248$130$31
47 years$1,387$794$434$229$118$27
48 years$1,342$758$408$212$107$24
49 years$1,300$724$383$196$97$21
50 years$1,259$692$360$181$88$18

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 $2,321 every year, while hoping to spend $52,027 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: 49/21/30 Blend
40$1,290,000$1,290,000$1,290,000$1,290,000
41$1,423,974$1,355,604$1,335,609$1,481,481
42$1,513,863$1,366,672$1,324,996$1,533,228
43$1,611,177$1,376,539$1,312,283$1,584,130
44$1,716,619$1,385,091$1,297,346$1,638,445
45$1,830,960$1,392,206$1,280,053$1,696,523
46$1,955,050$1,397,757$1,260,267$1,758,752
47$2,089,823$1,401,605$1,237,844$1,825,561
48$2,236,307$1,403,606$1,212,634$1,897,427
49$2,395,632$1,403,604$1,184,479$1,974,877
50$2,569,041$1,401,436$1,153,214$2,058,496
51$2,757,904$1,396,926$1,118,667$2,148,931
52$2,963,725$1,389,891$1,080,657$2,246,897
53$3,188,163$1,380,133$1,038,997$2,353,190
54$3,433,040$1,367,444$993,488$2,468,686
55$3,700,365$1,351,604$943,925$2,594,357
56$3,992,347$1,332,378$890,091$2,731,279
57$4,311,420$1,309,518$831,763$2,880,641
58$4,660,262$1,282,761$768,703$3,043,758
59$5,041,821$1,251,829$700,668$3,222,085
60$5,459,345$1,216,427$627,398$3,417,232
61$5,916,410$1,176,243$548,627$3,630,976
62$6,416,951$1,130,946$464,074$3,865,286
63$6,965,305$1,080,188$373,446$4,122,333
64$7,566,247$1,023,598$276,437$4,404,521
65$8,225,035$960,785$172,728$4,714,504
66$8,947,461$891,336$61,987$5,055,216
67$9,739,904$814,813$0$5,429,896
68$10,609,390$730,754$0$5,860,113
69$11,563,658$638,671$0$6,354,178
70$12,611,232$538,048$0$6,896,715
71$13,761,504$428,338$0$7,492,675
72$15,024,817$308,966$0$8,147,514
73$16,412,567$179,324$0$8,867,253
74$17,937,307$38,769$0$9,658,525
75$19,612,865$0$0$10,528,649
76$21,454,479$0$0$11,511,893
77$23,478,931$0$0$12,602,754
78$25,704,715$0$0$13,802,258
79$28,152,203$0$0$15,121,402
80$30,843,841$0$0$16,572,306
81$33,804,360$0$0$18,168,320
82$37,061,007$0$0$19,924,156
83$40,643,803$0$0$21,856,021
84$44,585,826$0$0$23,981,773
85$48,923,520$0$0$26,321,090
86$53,697,041$0$0$28,895,652
87$58,950,637$0$0$31,729,349
88$64,733,059$0$0$34,848,503
89$71,098,026$0$0$38,282,117
90$78,104,728$0$0$42,062,150
91$85,818,388$0$0$46,223,817
92$94,310,870$0$0$50,805,922
93$103,661,365$0$0$55,851,220
94$113,957,129$0$0$61,406,826
95$125,294,315$0$0$67,524,655
96$137,778,870$0$0$74,261,914
97$151,527,543$0$0$81,681,641
98$166,668,980$0$0$89,853,298
99$183,344,941$0$0$98,853,428
100$201,711,635$0$0$108,766,377