Can I retire at age 41 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$108,179$107,215$106,275$105,357$104,461$101,524
2 years$53,554$52,556$51,590$50,653$49,743$46,807
3 years$35,348$34,346$33,382$32,454$31,559$28,715
4 years$26,247$25,248$24,294$23,381$22,508$19,778
5 years$20,787$19,795$18,853$17,959$17,110$14,502
6 years$17,149$16,164$15,236$14,362$13,539$11,055
7 years$14,551$13,574$12,661$11,808$11,011$8,651
8 years$12,604$11,636$10,738$9,905$9,135$6,897
9 years$11,090$10,131$9,248$8,437$7,693$5,576
10 years$9,880$8,930$8,063$7,273$6,554$4,556
11 years$8,890$7,950$7,098$6,329$5,637$3,753
12 years$8,066$7,135$6,300$5,552$4,885$3,112
13 years$7,369$6,448$5,628$4,901$4,260$2,594
14 years$6,772$5,861$5,057$4,351$3,734$2,172
15 years$6,255$5,354$4,566$3,880$3,288$1,824
16 years$5,804$4,913$4,140$3,474$2,906$1,537
17 years$5,406$4,524$3,767$3,122$2,576$1,298
18 years$5,052$4,181$3,439$2,813$2,291$1,098
19 years$4,736$3,875$3,148$2,542$2,042$931
20 years$4,452$3,600$2,889$2,302$1,824$790
21 years$4,196$3,354$2,657$2,089$1,632$671
22 years$3,963$3,131$2,449$1,900$1,463$571
23 years$3,750$2,928$2,261$1,730$1,313$486
24 years$3,556$2,743$2,091$1,578$1,180$414
25 years$3,377$2,574$1,937$1,441$1,062$353
26 years$3,213$2,420$1,797$1,318$957$301
27 years$3,061$2,277$1,668$1,206$863$257
28 years$2,920$2,146$1,551$1,105$778$219
29 years$2,789$2,024$1,443$1,013$703$187
30 years$2,667$1,912$1,344$930$635$160
31 years$2,553$1,807$1,253$854$574$137
32 years$2,446$1,710$1,169$785$519$117
33 years$2,346$1,619$1,092$722$470$100
34 years$2,252$1,535$1,020$664$426$85
35 years$2,164$1,456$954$611$385$73
36 years$2,081$1,382$892$563$349$62
37 years$2,002$1,312$835$519$317$53
38 years$1,928$1,247$782$478$287$46
39 years$1,858$1,186$733$441$260$39
40 years$1,791$1,128$687$407$236$33
41 years$1,728$1,074$644$375$214$28
42 years$1,668$1,023$604$346$194$24
43 years$1,611$975$567$320$176$21
44 years$1,556$929$532$295$160$18
45 years$1,505$886$500$273$145$15
46 years$1,455$845$469$252$132$13
47 years$1,408$806$441$233$120$11
48 years$1,363$770$414$215$109$10
49 years$1,320$735$389$199$99$8
50 years$1,279$702$366$184$90$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,310,000, adding $3,317 every year, while hoping to spend $27,163 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: 38/50/12 Blend
40$1,310,000$1,310,000$1,310,000$1,310,000
41$1,447,041$1,377,611$1,357,306$1,496,623
42$1,565,738$1,416,213$1,373,875$1,570,805
43$1,695,632$1,455,796$1,390,088$1,648,032
44$1,837,836$1,496,379$1,405,906$1,730,893
45$1,993,576$1,537,983$1,421,284$1,819,904
46$2,164,202$1,580,625$1,436,179$1,915,635
47$2,351,202$1,624,327$1,450,541$2,018,715
48$2,556,212$1,669,107$1,464,322$2,129,833
49$2,781,037$1,714,984$1,477,468$2,249,748
50$3,027,663$1,761,978$1,489,924$2,379,294
51$3,298,278$1,810,109$1,501,629$2,519,391
52$3,595,292$1,859,394$1,512,524$2,671,051
53$3,921,360$1,909,852$1,522,542$2,835,387
54$4,279,407$1,961,503$1,531,615$3,013,625
55$4,672,653$2,014,364$1,539,671$3,207,114
56$5,104,648$2,068,452$1,546,634$3,417,341
57$5,579,302$2,123,785$1,552,426$3,645,942
58$6,100,920$2,180,380$1,556,961$3,894,719
59$6,674,248$2,238,253$1,560,154$4,165,657
60$7,304,513$2,297,419$1,561,911$4,460,941
61$7,997,474$2,357,894$1,562,136$4,782,979
62$8,759,476$2,419,690$1,560,727$5,134,422
63$9,597,509$2,482,822$1,557,578$5,518,193
64$10,519,276$2,547,301$1,552,577$5,937,509
65$11,533,261$2,613,138$1,545,608$6,395,914
66$12,648,815$2,680,343$1,536,548$6,897,314
67$13,876,240$2,748,925$1,525,267$7,446,011
68$15,226,885$2,818,891$1,511,632$8,046,746
69$16,713,256$2,890,246$1,495,501$8,704,742
70$18,349,135$2,962,994$1,476,726$9,425,751
71$20,149,703$3,037,137$1,455,153$10,216,116
72$22,131,691$3,112,676$1,430,620$11,082,821
73$24,313,534$3,189,607$1,402,956$12,033,565
74$26,715,544$3,267,927$1,371,984$13,076,828
75$29,360,103$3,347,629$1,337,519$14,221,958
76$32,271,873$3,428,702$1,299,365$15,479,253
77$35,478,030$3,511,135$1,257,320$16,860,061
78$39,008,520$3,594,912$1,211,172$18,376,887
79$42,896,340$3,680,013$1,160,696$20,043,513
80$47,177,849$3,766,416$1,105,662$21,875,124
81$51,893,113$3,854,094$1,045,826$23,888,454
82$57,086,283$3,943,017$980,933$26,101,943
83$62,806,009$4,033,150$910,719$28,535,914
84$69,105,900$4,124,452$834,906$31,212,760
85$76,045,030$4,216,879$753,204$34,157,161
86$83,688,497$4,310,380$665,310$37,396,312
87$92,108,034$4,404,899$570,909$40,960,185
88$101,382,689$4,500,374$469,669$44,881,807
89$111,599,566$4,596,736$361,246$49,197,577
90$122,854,654$4,693,908$245,281$53,947,606
91$135,253,727$4,791,808$121,396$59,176,097
92$148,913,345$4,890,343$0$64,931,766
93$163,961,951$4,989,415$0$71,269,679
94$180,541,087$5,088,913$0$78,264,294
95$198,806,728$5,188,721$0$85,965,304
96$218,930,754$5,288,707$0$94,444,617
97$241,102,571$5,388,734$0$103,781,475
98$265,530,901$5,488,650$0$114,063,204
99$292,445,751$5,588,292$0$125,386,036
100$322,100,582$5,687,483$0$137,856,016