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%13.7%
1 years$108,179$107,215$106,275$105,357$104,461$102,858
2 years$53,554$52,556$51,590$50,653$49,743$48,132
3 years$35,348$34,346$33,382$32,454$31,559$29,990
4 years$26,247$25,248$24,294$23,381$22,508$20,993
5 years$20,787$19,795$18,853$17,959$17,110$15,654
6 years$17,149$16,164$15,236$14,362$13,539$12,142
7 years$14,551$13,574$12,661$11,808$11,011$9,675
8 years$12,604$11,636$10,738$9,905$9,135$7,859
9 years$11,090$10,131$9,248$8,437$7,693$6,477
10 years$9,880$8,930$8,063$7,273$6,554$5,397
11 years$8,890$7,950$7,098$6,329$5,637$4,538
12 years$8,066$7,135$6,300$5,552$4,885$3,842
13 years$7,369$6,448$5,628$4,901$4,260$3,271
14 years$6,772$5,861$5,057$4,351$3,734$2,799
15 years$6,255$5,354$4,566$3,880$3,288$2,404
16 years$5,804$4,913$4,140$3,474$2,906$2,072
17 years$5,406$4,524$3,767$3,122$2,576$1,791
18 years$5,052$4,181$3,439$2,813$2,291$1,551
19 years$4,736$3,875$3,148$2,542$2,042$1,346
20 years$4,452$3,600$2,889$2,302$1,824$1,171
21 years$4,196$3,354$2,657$2,089$1,632$1,019
22 years$3,963$3,131$2,449$1,900$1,463$889
23 years$3,750$2,928$2,261$1,730$1,313$776
24 years$3,556$2,743$2,091$1,578$1,180$678
25 years$3,377$2,574$1,937$1,441$1,062$593
26 years$3,213$2,420$1,797$1,318$957$519
27 years$3,061$2,277$1,668$1,206$863$454
28 years$2,920$2,146$1,551$1,105$778$398
29 years$2,789$2,024$1,443$1,013$703$349
30 years$2,667$1,912$1,344$930$635$306
31 years$2,553$1,807$1,253$854$574$268
32 years$2,446$1,710$1,169$785$519$235
33 years$2,346$1,619$1,092$722$470$207
34 years$2,252$1,535$1,020$664$426$181
35 years$2,164$1,456$954$611$385$159
36 years$2,081$1,382$892$563$349$140
37 years$2,002$1,312$835$519$317$123
38 years$1,928$1,247$782$478$287$108
39 years$1,858$1,186$733$441$260$95
40 years$1,791$1,128$687$407$236$83
41 years$1,728$1,074$644$375$214$73
42 years$1,668$1,023$604$346$194$64
43 years$1,611$975$567$320$176$57
44 years$1,556$929$532$295$160$50
45 years$1,505$886$500$273$145$44
46 years$1,455$845$469$252$132$38
47 years$1,408$806$441$233$120$34
48 years$1,363$770$414$215$109$30
49 years$1,320$735$389$199$99$26
50 years$1,279$702$366$184$90$23

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 $4,372 every year, while hoping to spend $32,796 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: 60/10/30 Blend
40$1,310,000$1,310,000$1,310,000$1,310,000
41$1,448,130$1,378,700$1,358,395$1,522,956
42$1,560,944$1,411,361$1,369,006$1,607,266
43$1,684,167$1,444,524$1,378,874$1,695,362
44$1,818,824$1,478,178$1,387,939$1,790,825
45$1,966,047$1,512,312$1,396,137$1,894,380
46$2,127,080$1,546,911$1,403,404$2,006,830
47$2,303,294$1,581,962$1,409,671$2,129,057
48$2,496,199$1,617,447$1,414,863$2,262,036
49$2,707,456$1,653,346$1,418,906$2,406,839
50$2,938,895$1,689,639$1,421,718$2,564,650
51$3,192,532$1,726,301$1,423,215$2,736,772
52$3,470,588$1,763,307$1,423,310$2,924,644
53$3,775,506$1,800,627$1,421,909$3,129,851
54$4,109,979$1,838,230$1,418,915$3,354,139
55$4,476,975$1,876,081$1,414,226$3,599,434
56$4,879,758$1,914,141$1,407,735$3,867,860
57$5,321,929$1,952,369$1,399,329$4,161,756
58$5,807,451$1,990,721$1,388,892$4,483,704
59$6,340,691$2,029,146$1,376,300$4,836,546
60$6,926,459$2,067,591$1,361,423$5,223,418
61$7,570,054$2,106,000$1,344,128$5,647,776
62$8,277,315$2,144,309$1,324,271$6,113,430
63$9,054,672$2,182,451$1,301,705$6,624,578
64$9,909,211$2,220,354$1,276,275$7,185,852
65$10,848,739$2,257,940$1,247,819$7,802,353
66$11,881,856$2,295,124$1,216,166$8,479,707
67$13,018,036$2,331,816$1,181,138$9,224,115
68$14,267,720$2,367,920$1,142,551$10,042,411
69$15,642,411$2,403,330$1,100,209$10,942,130
70$17,154,780$2,437,937$1,053,909$11,931,577
71$18,818,791$2,471,619$1,003,439$13,019,906
72$20,649,829$2,504,251$948,576$14,217,207
73$22,664,847$2,535,694$889,088$15,534,602
74$24,882,521$2,565,802$824,732$16,984,352
75$27,323,432$2,594,421$755,255$18,579,970
76$30,010,258$2,621,383$680,392$20,336,349
77$32,967,985$2,646,512$599,866$22,269,907
78$36,224,145$2,669,617$513,387$24,398,739
79$39,809,077$2,690,497$420,654$26,742,790
80$43,756,209$2,708,937$321,352$29,324,043
81$48,102,376$2,724,709$215,152$32,166,728
82$52,888,168$2,737,569$101,709$35,297,550
83$58,158,310$2,747,259$0$38,745,945
84$63,962,087$2,753,504$0$42,550,549
85$70,353,805$2,756,011$0$46,776,070
86$77,393,307$2,754,470$0$51,429,451
87$85,146,537$2,748,551$0$56,554,259
88$93,686,157$2,737,903$0$62,198,501
89$103,092,241$2,722,157$0$68,415,081
90$113,453,024$2,700,916$0$75,262,298
91$124,865,735$2,673,764$0$82,804,396
92$137,437,520$2,640,258$0$91,112,170
93$151,286,443$2,599,927$0$100,263,635
94$166,542,612$2,552,275$0$110,344,764
95$183,349,395$2,496,773$0$121,450,298
96$201,864,783$2,432,865$0$133,684,638
97$222,262,873$2,359,957$0$147,162,835
98$244,735,517$2,277,426$0$162,011,674
99$269,494,128$2,184,608$0$178,370,871
100$296,771,678$2,080,804$0$196,394,392