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%13.6%
1 years$107,353$106,397$105,464$104,553$103,664$102,115
2 years$53,145$52,155$51,196$50,266$49,364$47,807
3 years$35,078$34,084$33,127$32,206$31,318$29,801
4 years$26,046$25,055$24,108$23,202$22,337$20,872
5 years$20,629$19,644$18,709$17,822$16,980$15,571
6 years$17,018$16,041$15,120$14,252$13,436$12,085
7 years$14,440$13,471$12,564$11,718$10,927$9,634
8 years$12,508$11,547$10,656$9,830$9,065$7,831
9 years$11,005$10,054$9,178$8,373$7,634$6,457
10 years$9,804$8,862$8,001$7,217$6,504$5,385
11 years$8,822$7,889$7,044$6,281$5,594$4,530
12 years$8,004$7,081$6,252$5,509$4,848$3,838
13 years$7,313$6,399$5,585$4,864$4,227$3,270
14 years$6,720$5,817$5,018$4,318$3,706$2,800
15 years$6,208$5,314$4,531$3,851$3,263$2,406
16 years$5,759$4,875$4,108$3,448$2,884$2,075
17 years$5,364$4,490$3,738$3,098$2,557$1,795
18 years$5,014$4,149$3,412$2,792$2,273$1,556
19 years$4,700$3,845$3,124$2,523$2,026$1,351
20 years$4,418$3,573$2,867$2,285$1,810$1,176
21 years$4,164$3,328$2,637$2,074$1,620$1,025
22 years$3,932$3,107$2,430$1,885$1,452$894
23 years$3,722$2,906$2,244$1,717$1,303$781
24 years$3,529$2,722$2,075$1,566$1,171$683
25 years$3,352$2,555$1,922$1,430$1,054$598
26 years$3,188$2,401$1,783$1,308$949$523
27 years$3,037$2,260$1,655$1,197$856$459
28 years$2,897$2,129$1,539$1,097$772$402
29 years$2,767$2,009$1,432$1,006$697$353
30 years$2,646$1,897$1,334$923$630$310
31 years$2,533$1,793$1,244$848$570$272
32 years$2,427$1,697$1,160$779$515$239
33 years$2,328$1,607$1,083$716$466$210
34 years$2,235$1,523$1,012$659$422$184
35 years$2,147$1,445$946$607$382$162
36 years$2,065$1,371$885$559$347$142
37 years$1,987$1,302$829$515$314$125
38 years$1,913$1,238$776$475$285$110
39 years$1,843$1,177$727$438$258$97
40 years$1,777$1,120$681$404$234$85
41 years$1,715$1,066$639$372$212$75
42 years$1,655$1,015$599$344$193$66
43 years$1,598$967$562$317$175$58
44 years$1,545$922$528$293$159$51
45 years$1,493$879$496$271$144$45
46 years$1,444$839$466$250$131$39
47 years$1,398$800$437$231$119$35
48 years$1,353$764$411$213$108$31
49 years$1,310$730$386$197$98$27
50 years$1,269$697$363$182$89$24

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 $2,573 every year, while hoping to spend $50,165 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: 39/44/17 Blend
40$1,300,000$1,300,000$1,300,000$1,300,000
41$1,435,254$1,366,354$1,346,204$1,483,841
42$1,528,275$1,379,930$1,337,927$1,532,388
43$1,629,102$1,392,490$1,327,691$1,579,833
44$1,738,480$1,403,932$1,315,378$1,630,075
45$1,857,225$1,414,145$1,300,863$1,683,393
46$1,986,237$1,423,013$1,284,017$1,740,097
47$2,126,505$1,430,412$1,264,703$1,800,531
48$2,279,117$1,436,211$1,242,779$1,865,076
49$2,445,270$1,440,268$1,218,095$1,934,157
50$2,626,282$1,442,435$1,190,496$2,008,244
51$2,823,602$1,442,554$1,159,817$2,087,857
52$3,038,826$1,440,456$1,125,887$2,173,575
53$3,273,710$1,435,962$1,088,529$2,266,040
54$3,530,188$1,428,884$1,047,554$2,365,961
55$3,810,387$1,419,019$1,002,766$2,474,126
56$4,116,650$1,406,154$953,963$2,591,408
57$4,451,556$1,390,064$900,928$2,718,774
58$4,817,946$1,370,508$843,440$2,857,293
59$5,218,946$1,347,232$781,265$3,008,153
60$5,657,999$1,319,967$714,158$3,172,666
61$6,138,897$1,288,427$641,864$3,352,284
62$6,665,816$1,252,312$564,118$3,548,617
63$7,243,355$1,211,300$480,642$3,763,446
64$7,876,577$1,165,054$391,143$3,998,739
65$8,571,062$1,113,216$295,321$4,256,675
66$9,332,953$1,055,406$192,857$4,539,666
67$10,169,018$991,225$83,421$4,850,376
68$11,086,710$920,248$0$5,191,754
69$12,094,242$842,027$0$5,573,110
70$13,200,657$756,089$0$6,008,538
71$14,415,920$661,933$0$6,486,940
72$15,751,007$559,031$0$7,012,789
73$17,218,010$446,824$0$7,591,023
74$18,830,250$324,721$0$8,227,096
75$20,602,402$192,099$0$8,927,026
76$22,550,635$48,299$0$9,697,457
77$24,692,761$0$0$10,545,724
78$27,048,406$0$0$11,531,909
79$29,639,192$0$0$12,642,449
80$32,488,941$0$0$13,864,194
81$35,623,902$0$0$15,208,421
82$39,072,992$0$0$16,687,558
83$42,868,076$0$0$18,315,294
84$47,044,263$0$0$20,106,716
85$51,640,235$0$0$22,078,446
86$56,698,616$0$0$24,248,799
87$62,266,371$0$0$26,637,957
88$68,395,249$0$0$29,268,155
89$75,142,270$0$0$32,163,897
90$82,570,265$0$0$35,352,182
91$90,748,464$0$0$38,862,760
92$99,753,155$0$0$42,728,414
93$109,668,398$0$0$46,985,267
94$120,586,819$0$0$51,673,123
95$132,610,484$0$0$56,835,844
96$145,851,863$0$0$62,521,763
97$160,434,888$0$0$68,784,139
98$176,496,125$0$0$75,681,659
99$194,186,061$0$0$83,278,995
100$213,670,520$0$0$91,647,410