Can I retire at age 41 with 1,300,000?

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 $1,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$107,353$106,397$105,464$104,553$103,664$102,881
2 years$53,145$52,155$51,196$50,266$49,364$48,575
3 years$35,078$34,084$33,127$32,206$31,318$30,547
4 years$26,046$25,055$24,108$23,202$22,337$21,589
5 years$20,629$19,644$18,709$17,822$16,980$16,259
6 years$17,018$16,041$15,120$14,252$13,436$12,742
7 years$14,440$13,471$12,564$11,718$10,927$10,260
8 years$12,508$11,547$10,656$9,830$9,065$8,426
9 years$11,005$10,054$9,178$8,373$7,634$7,022
10 years$9,804$8,862$8,001$7,217$6,504$5,920
11 years$8,822$7,889$7,044$6,281$5,594$5,036
12 years$8,004$7,081$6,252$5,509$4,848$4,315
13 years$7,313$6,399$5,585$4,864$4,227$3,720
14 years$6,720$5,817$5,018$4,318$3,706$3,223
15 years$6,208$5,314$4,531$3,851$3,263$2,804
16 years$5,759$4,875$4,108$3,448$2,884$2,449
17 years$5,364$4,490$3,738$3,098$2,557$2,145
18 years$5,014$4,149$3,412$2,792$2,273$1,883
19 years$4,700$3,845$3,124$2,523$2,026$1,657
20 years$4,418$3,573$2,867$2,285$1,810$1,461
21 years$4,164$3,328$2,637$2,074$1,620$1,291
22 years$3,932$3,107$2,430$1,885$1,452$1,142
23 years$3,722$2,906$2,244$1,717$1,303$1,011
24 years$3,529$2,722$2,075$1,566$1,171$897
25 years$3,352$2,555$1,922$1,430$1,054$796
26 years$3,188$2,401$1,783$1,308$949$707
27 years$3,037$2,260$1,655$1,197$856$628
28 years$2,897$2,129$1,539$1,097$772$559
29 years$2,767$2,009$1,432$1,006$697$498
30 years$2,646$1,897$1,334$923$630$443
31 years$2,533$1,793$1,244$848$570$395
32 years$2,427$1,697$1,160$779$515$352
33 years$2,328$1,607$1,083$716$466$314
34 years$2,235$1,523$1,012$659$422$280
35 years$2,147$1,445$946$607$382$250
36 years$2,065$1,371$885$559$347$223
37 years$1,987$1,302$829$515$314$199
38 years$1,913$1,238$776$475$285$178
39 years$1,843$1,177$727$438$258$159
40 years$1,777$1,120$681$404$234$142
41 years$1,715$1,066$639$372$212$127
42 years$1,655$1,015$599$344$193$113
43 years$1,598$967$562$317$175$101
44 years$1,545$922$528$293$159$90
45 years$1,493$879$496$271$144$81
46 years$1,444$839$466$250$131$72
47 years$1,398$800$437$231$119$65
48 years$1,353$764$411$213$108$58
49 years$1,310$730$386$197$98$52
50 years$1,269$697$363$182$89$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,300,000, adding $3,949 every year, while hoping to spend $56,277 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: 41/46/13 Blend
40$1,300,000$1,300,000$1,300,000$1,300,000
41$1,436,673$1,367,773$1,347,623$1,489,903
42$1,523,336$1,374,916$1,332,890$1,534,921
43$1,616,952$1,380,522$1,315,778$1,577,754
44$1,718,171$1,384,458$1,296,146$1,622,882
45$1,827,707$1,386,580$1,273,850$1,670,539
46$1,946,346$1,386,735$1,248,737$1,720,985
47$2,074,951$1,384,763$1,220,648$1,774,513
48$2,214,471$1,380,491$1,189,415$1,831,445
49$2,365,951$1,373,739$1,154,863$1,892,142
50$2,530,538$1,364,311$1,116,811$1,957,005
51$2,709,495$1,352,005$1,075,067$2,026,480
52$2,904,212$1,336,602$1,029,430$2,101,065
53$3,116,219$1,317,873$979,693$2,181,310
54$3,347,197$1,295,572$925,637$2,267,830
55$3,598,998$1,269,443$867,033$2,361,304
56$3,873,661$1,239,210$803,643$2,462,491
57$4,173,427$1,204,584$735,218$2,572,230
58$4,500,766$1,165,258$661,497$2,691,453
59$4,858,395$1,120,907$582,209$2,821,196
60$5,249,308$1,071,187$497,068$2,962,607
61$5,676,796$1,015,735$405,779$3,116,958
62$6,144,489$954,165$308,032$3,285,662
63$6,656,379$886,071$203,503$3,470,283
64$7,216,864$811,023$91,855$3,672,556
65$7,830,786$728,566$0$3,894,402
66$8,503,480$638,219$0$4,141,735
67$9,240,818$539,475$0$4,426,970
68$10,049,269$431,797$0$4,740,017
69$10,935,957$314,618$0$5,083,819
70$11,908,730$187,339$0$5,461,635
71$12,976,231$49,329$0$5,877,062
72$14,147,980$0$0$6,334,082
73$15,434,466$0$0$6,887,751
74$16,847,240$0$0$7,523,366
75$18,399,028$0$0$8,221,705
76$20,103,849$0$0$8,989,100
77$21,977,149$0$0$9,832,527
78$24,035,940$0$0$10,759,668
79$26,298,967$0$0$11,778,991
80$28,786,880$0$0$12,899,823
81$31,522,432$0$0$14,132,440
82$34,530,687$0$0$15,488,164
83$37,839,263$0$0$16,979,470
84$41,478,587$0$0$18,620,102
85$45,482,183$0$0$20,425,203
86$49,886,988$0$0$22,411,458
87$54,733,701$0$0$24,597,253
88$60,067,163$0$0$27,002,843
89$65,936,782$0$0$29,650,548
90$72,397,000$0$0$32,564,962
91$79,507,803$0$0$35,773,183
92$87,335,285$0$0$39,305,070
93$95,952,279$0$0$43,193,525
94$105,439,032$0$0$47,474,802
95$115,883,972$0$0$52,188,848
96$127,384,537$0$0$57,379,683
97$140,048,091$0$0$63,095,811
98$153,992,944$0$0$69,390,682
99$169,349,459$0$0$76,323,191
100$186,261,291$0$0$83,958,237