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%11.1%
1 years$108,179$107,215$106,275$105,357$104,461$103,977
2 years$53,554$52,556$51,590$50,653$49,743$49,255
3 years$35,348$34,346$33,382$32,454$31,559$31,081
4 years$26,247$25,248$24,294$23,381$22,508$22,045
5 years$20,787$19,795$18,853$17,959$17,110$16,663
6 years$17,149$16,164$15,236$14,362$13,539$13,107
7 years$14,551$13,574$12,661$11,808$11,011$10,595
8 years$12,604$11,636$10,738$9,905$9,135$8,736
9 years$11,090$10,131$9,248$8,437$7,693$7,310
10 years$9,880$8,930$8,063$7,273$6,554$6,188
11 years$8,890$7,950$7,098$6,329$5,637$5,287
12 years$8,066$7,135$6,300$5,552$4,885$4,550
13 years$7,369$6,448$5,628$4,901$4,260$3,940
14 years$6,772$5,861$5,057$4,351$3,734$3,430
15 years$6,255$5,354$4,566$3,880$3,288$2,998
16 years$5,804$4,913$4,140$3,474$2,906$2,630
17 years$5,406$4,524$3,767$3,122$2,576$2,315
18 years$5,052$4,181$3,439$2,813$2,291$2,043
19 years$4,736$3,875$3,148$2,542$2,042$1,807
20 years$4,452$3,600$2,889$2,302$1,824$1,601
21 years$4,196$3,354$2,657$2,089$1,632$1,421
22 years$3,963$3,131$2,449$1,900$1,463$1,264
23 years$3,750$2,928$2,261$1,730$1,313$1,125
24 years$3,556$2,743$2,091$1,578$1,180$1,003
25 years$3,377$2,574$1,937$1,441$1,062$895
26 years$3,213$2,420$1,797$1,318$957$799
27 years$3,061$2,277$1,668$1,206$863$715
28 years$2,920$2,146$1,551$1,105$778$639
29 years$2,789$2,024$1,443$1,013$703$572
30 years$2,667$1,912$1,344$930$635$513
31 years$2,553$1,807$1,253$854$574$459
32 years$2,446$1,710$1,169$785$519$412
33 years$2,346$1,619$1,092$722$470$369
34 years$2,252$1,535$1,020$664$426$331
35 years$2,164$1,456$954$611$385$297
36 years$2,081$1,382$892$563$349$267
37 years$2,002$1,312$835$519$317$240
38 years$1,928$1,247$782$478$287$215
39 years$1,858$1,186$733$441$260$193
40 years$1,791$1,128$687$407$236$174
41 years$1,728$1,074$644$375$214$156
42 years$1,668$1,023$604$346$194$140
43 years$1,611$975$567$320$176$126
44 years$1,556$929$532$295$160$114
45 years$1,505$886$500$273$145$102
46 years$1,455$845$469$252$132$92
47 years$1,408$806$441$233$120$83
48 years$1,363$770$414$215$109$74
49 years$1,320$735$389$199$99$67
50 years$1,279$702$366$184$90$60

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 $5,125 every year, while hoping to spend $46,564 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: 36/45/19 Blend
40$1,310,000$1,310,000$1,310,000$1,310,000
41$1,448,906$1,379,476$1,359,171$1,492,541
42$1,547,151$1,397,527$1,355,160$1,542,821
43$1,653,856$1,414,902$1,349,453$1,592,336
44$1,769,835$1,431,518$1,341,946$1,644,822
45$1,895,984$1,447,287$1,332,527$1,700,570
46$2,033,287$1,462,117$1,321,079$1,759,905
47$2,182,828$1,475,906$1,307,481$1,823,185
48$2,345,800$1,488,549$1,291,605$1,890,808
49$2,523,515$1,499,932$1,273,317$1,963,216
50$2,717,418$1,509,933$1,252,478$2,040,896
51$2,929,099$1,518,424$1,228,940$2,124,391
52$3,160,309$1,525,268$1,202,551$2,214,300
53$3,412,973$1,530,320$1,173,150$2,311,287
54$3,689,215$1,533,423$1,140,568$2,416,087
55$3,991,368$1,534,415$1,104,631$2,529,517
56$4,322,006$1,533,119$1,065,154$2,652,476
57$4,683,960$1,529,351$1,021,946$2,785,964
58$5,080,348$1,522,913$974,805$2,931,085
59$5,514,604$1,513,597$923,522$3,089,062
60$5,990,510$1,501,180$867,876$3,261,247
61$6,512,231$1,485,427$807,639$3,449,137
62$7,084,354$1,466,088$742,571$3,654,388
63$7,711,933$1,442,901$672,421$3,878,829
64$8,400,530$1,415,583$596,928$4,124,485
65$9,156,277$1,383,840$515,818$4,393,594
66$9,985,926$1,347,356$428,806$4,688,632
67$10,896,913$1,305,800$335,594$5,012,332
68$11,897,433$1,258,818$235,871$5,367,719
69$12,996,510$1,206,039$129,312$5,758,134
70$14,204,087$1,147,069$15,577$6,187,268
71$15,531,118$1,081,489$0$6,659,202
72$16,989,670$1,008,860$0$7,199,889
73$18,593,038$928,715$0$7,797,625
74$20,355,867$840,561$0$8,454,826
75$22,294,294$743,878$0$9,177,647
76$24,426,098$638,114$0$9,972,880
77$26,770,866$522,687$0$10,848,022
78$29,350,180$396,984$0$11,811,343
79$32,187,817$260,356$0$12,871,969
80$35,309,976$112,115$0$14,039,970
81$38,745,525$0$0$15,326,456
82$42,526,268$0$0$16,767,679
83$46,687,251$0$0$18,415,169
84$51,267,089$0$0$20,228,724
85$56,308,328$0$0$22,225,221
86$61,857,852$0$0$24,423,256
87$67,967,319$0$0$26,843,318
88$74,693,651$0$0$29,507,987
89$82,099,568$0$0$32,442,142
90$90,254,185$0$0$35,673,197
91$99,233,657$0$0$39,231,361
92$109,121,902$0$0$43,149,922
93$120,011,390$0$0$47,465,561
94$132,004,017$0$0$52,218,697
95$145,212,062$0$0$57,453,869
96$159,759,252$0$0$63,220,159
97$175,781,926$0$0$69,571,649
98$193,430,320$0$0$76,567,936
99$212,869,987$0$0$84,274,694
100$234,283,359$0$0$92,764,292