Can I retire at age 41 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$109,830$108,852$107,897$106,966$106,056$102,950
2 years$54,371$53,359$52,377$51,426$50,503$47,399
3 years$35,888$34,871$33,892$32,949$32,041$29,036
4 years$26,647$25,634$24,664$23,738$22,852$19,969
5 years$21,105$20,097$19,141$18,233$17,372$14,619
6 years$17,411$16,411$15,468$14,581$13,746$11,126
7 years$14,773$13,782$12,854$11,988$11,179$8,691
8 years$12,796$11,813$10,902$10,056$9,274$6,918
9 years$11,259$10,286$9,389$8,566$7,810$5,582
10 years$10,030$9,066$8,186$7,384$6,655$4,552
11 years$9,026$8,071$7,207$6,426$5,723$3,743
12 years$8,189$7,244$6,396$5,637$4,960$3,098
13 years$7,481$6,547$5,714$4,976$4,325$2,577
14 years$6,876$5,951$5,134$4,417$3,791$2,153
15 years$6,351$5,436$4,636$3,939$3,338$1,805
16 years$5,892$4,988$4,203$3,527$2,950$1,517
17 years$5,488$4,593$3,824$3,169$2,616$1,278
18 years$5,129$4,244$3,491$2,856$2,326$1,079
19 years$4,809$3,934$3,196$2,581$2,073$913
20 years$4,520$3,655$2,933$2,337$1,852$773
21 years$4,260$3,405$2,698$2,121$1,657$655
22 years$4,023$3,178$2,487$1,929$1,485$556
23 years$3,808$2,973$2,296$1,757$1,333$472
24 years$3,610$2,785$2,123$1,602$1,198$401
25 years$3,429$2,614$1,967$1,463$1,078$341
26 years$3,262$2,457$1,824$1,338$971$290
27 years$3,107$2,312$1,694$1,225$876$247
28 years$2,964$2,178$1,574$1,122$790$211
29 years$2,831$2,055$1,465$1,029$714$179
30 years$2,707$1,941$1,365$944$645$153
31 years$2,592$1,835$1,272$867$583$130
32 years$2,483$1,736$1,187$797$527$111
33 years$2,382$1,644$1,108$733$477$95
34 years$2,287$1,558$1,036$674$432$81
35 years$2,197$1,478$968$621$391$69
36 years$2,112$1,403$906$572$355$59
37 years$2,033$1,332$848$527$321$50
38 years$1,957$1,266$794$486$291$43
39 years$1,886$1,204$744$448$264$36
40 years$1,818$1,146$697$413$240$31
41 years$1,754$1,090$654$381$217$26
42 years$1,693$1,038$613$352$197$23
43 years$1,635$989$575$325$179$19
44 years$1,580$943$540$300$163$16
45 years$1,528$899$507$277$148$14
46 years$1,478$858$476$256$134$12
47 years$1,430$819$448$236$122$10
48 years$1,384$782$421$218$110$9
49 years$1,340$746$395$202$100$7
50 years$1,299$713$372$186$91$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,330,000, adding $6,116 every year, while hoping to spend $25,978 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: 47/43/10 Blend
40$1,330,000$1,330,000$1,330,000$1,330,000
41$1,471,969$1,401,479$1,380,864$1,536,812
42$1,594,469$1,442,511$1,399,482$1,623,149
43$1,728,594$1,484,683$1,417,854$1,713,602
44$1,875,501$1,528,023$1,435,943$1,811,175
45$2,036,467$1,572,561$1,453,711$1,916,539
46$2,212,895$1,618,325$1,471,119$2,030,429
47$2,406,334$1,665,346$1,488,125$2,153,657
48$2,618,486$1,713,654$1,504,684$2,287,115
49$2,851,230$1,763,281$1,520,749$2,431,784
50$3,106,631$1,814,258$1,536,270$2,588,743
51$3,386,968$1,866,617$1,551,195$2,759,181
52$3,694,747$1,920,390$1,565,469$2,944,406
53$4,032,734$1,975,611$1,579,034$3,145,859
54$4,403,970$2,032,313$1,591,829$3,365,125
55$4,811,808$2,090,530$1,603,789$3,603,948
56$5,259,944$2,150,297$1,614,847$3,864,252
57$5,752,445$2,211,649$1,624,931$4,148,151
58$6,293,795$2,274,620$1,633,966$4,457,976
59$6,888,932$2,339,247$1,641,875$4,796,294
60$7,543,298$2,405,565$1,648,573$5,165,929
61$8,262,888$2,473,611$1,653,973$5,569,996
62$9,054,307$2,543,422$1,657,986$6,011,921
63$9,924,831$2,615,035$1,660,513$6,495,481
64$10,882,479$2,688,487$1,661,456$7,024,835
65$11,936,085$2,763,815$1,660,707$7,604,565
66$13,095,381$2,841,058$1,658,156$8,239,718
67$14,371,093$2,920,253$1,653,687$8,935,854
68$15,775,037$3,001,437$1,647,178$9,699,096
69$17,320,233$3,084,650$1,638,501$10,536,194
70$19,021,027$3,169,929$1,627,522$11,454,581
71$20,893,228$3,257,311$1,614,099$12,462,447
72$22,954,253$3,346,835$1,598,087$13,568,816
73$25,223,294$3,438,538$1,579,331$14,783,629
74$27,721,501$3,532,457$1,557,670$16,117,841
75$30,472,176$3,628,629$1,532,933$17,583,519
76$33,500,997$3,727,091$1,504,946$19,193,962
77$36,836,258$3,827,878$1,473,521$20,963,823
78$40,509,138$3,931,026$1,438,466$22,909,245
79$44,553,993$4,036,569$1,399,577$25,048,017
80$49,008,680$4,144,540$1,356,642$27,399,742
81$53,914,915$4,254,973$1,309,440$29,986,017
82$59,318,669$4,367,898$1,257,738$32,830,642
83$65,270,594$4,483,347$1,201,294$35,959,842
84$71,826,511$4,601,347$1,139,853$39,402,514
85$79,047,928$4,721,926$1,073,151$43,190,503
86$87,002,626$4,845,109$1,000,911$47,358,896
87$95,765,295$4,970,921$922,843$51,946,361
88$105,418,241$5,099,382$838,644$56,995,505
89$116,052,161$5,230,511$747,998$62,553,281
90$127,767,001$5,364,326$650,575$68,671,427
91$140,672,896$5,500,839$546,031$75,406,958
92$154,891,213$5,640,062$434,005$82,822,702
93$170,555,694$5,782,001$314,120$90,987,895
94$187,813,717$5,926,662$185,985$99,978,831
95$206,827,690$6,074,042$49,191$109,879,585
96$227,776,584$6,224,140$0$120,782,809
97$250,857,617$6,376,945$0$132,800,927
98$276,288,123$6,532,443$0$146,042,395
99$304,307,595$6,690,617$0$160,625,994
100$335,179,953$6,851,440$0$176,688,408