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

Use the below retirement simulation to view the chances of a successful retirement.
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%15%
1 years$109,830$108,852$107,897$106,966$106,056$103,872
2 years$54,371$53,359$52,377$51,426$50,503$48,313
3 years$35,888$34,871$33,892$32,949$32,041$29,913
4 years$26,647$25,634$24,664$23,738$22,852$20,802
5 years$21,105$20,097$19,141$18,233$17,372$15,406
6 years$17,411$16,411$15,468$14,581$13,746$11,866
7 years$14,773$13,782$12,854$11,988$11,179$9,386
8 years$12,796$11,813$10,902$10,056$9,274$7,567
9 years$11,259$10,286$9,389$8,566$7,810$6,188
10 years$10,030$9,066$8,186$7,384$6,655$5,116
11 years$9,026$8,071$7,207$6,426$5,723$4,266
12 years$8,189$7,244$6,396$5,637$4,960$3,582
13 years$7,481$6,547$5,714$4,976$4,325$3,024
14 years$6,876$5,951$5,134$4,417$3,791$2,564
15 years$6,351$5,436$4,636$3,939$3,338$2,183
16 years$5,892$4,988$4,203$3,527$2,950$1,864
17 years$5,488$4,593$3,824$3,169$2,616$1,596
18 years$5,129$4,244$3,491$2,856$2,326$1,370
19 years$4,809$3,934$3,196$2,581$2,073$1,178
20 years$4,520$3,655$2,933$2,337$1,852$1,014
21 years$4,260$3,405$2,698$2,121$1,657$874
22 years$4,023$3,178$2,487$1,929$1,485$755
23 years$3,808$2,973$2,296$1,757$1,333$652
24 years$3,610$2,785$2,123$1,602$1,198$564
25 years$3,429$2,614$1,967$1,463$1,078$488
26 years$3,262$2,457$1,824$1,338$971$423
27 years$3,107$2,312$1,694$1,225$876$366
28 years$2,964$2,178$1,574$1,122$790$318
29 years$2,831$2,055$1,465$1,029$714$275
30 years$2,707$1,941$1,365$944$645$239
31 years$2,592$1,835$1,272$867$583$207
32 years$2,483$1,736$1,187$797$527$180
33 years$2,382$1,644$1,108$733$477$156
34 years$2,287$1,558$1,036$674$432$136
35 years$2,197$1,478$968$621$391$118
36 years$2,112$1,403$906$572$355$102
37 years$2,033$1,332$848$527$321$89
38 years$1,957$1,266$794$486$291$77
39 years$1,886$1,204$744$448$264$67
40 years$1,818$1,146$697$413$240$58
41 years$1,754$1,090$654$381$217$51
42 years$1,693$1,038$613$352$197$44
43 years$1,635$989$575$325$179$38
44 years$1,580$943$540$300$163$33
45 years$1,528$899$507$277$148$29
46 years$1,478$858$476$256$134$25
47 years$1,430$819$448$236$122$22
48 years$1,384$782$421$218$110$19
49 years$1,340$746$395$202$100$17
50 years$1,299$713$372$186$91$14

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 $4,316 every year, while hoping to spend $50,651 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: 30/44/26 Blend
40$1,330,000$1,330,000$1,330,000$1,330,000
41$1,470,112$1,399,622$1,379,007$1,502,310
42$1,566,171$1,414,311$1,371,311$1,542,331
43$1,670,331$1,428,023$1,361,660$1,580,605
44$1,783,363$1,440,655$1,349,935$1,620,760
45$1,906,119$1,452,100$1,336,011$1,662,994
46$2,039,533$1,462,242$1,319,757$1,707,528
47$2,184,633$1,470,960$1,301,036$1,754,608
48$2,342,551$1,478,122$1,279,707$1,804,511
49$2,514,532$1,483,591$1,255,618$1,857,543
50$2,701,946$1,487,218$1,228,612$1,914,048
51$2,906,300$1,488,848$1,198,526$1,974,408
52$3,129,255$1,488,313$1,165,189$2,039,048
53$3,372,635$1,485,437$1,128,419$2,108,443
54$3,638,453$1,480,032$1,088,030$2,183,120
55$3,928,921$1,471,900$1,043,825$2,263,667
56$4,246,476$1,460,828$995,598$2,350,736
57$4,593,802$1,446,593$943,136$2,445,054
58$4,973,851$1,428,958$886,212$2,547,427
59$5,389,877$1,407,670$824,593$2,658,752
60$5,845,461$1,382,463$758,034$2,780,023
61$6,344,548$1,353,054$686,279$2,912,347
62$6,891,482$1,319,143$609,059$3,056,948
63$7,491,047$1,280,415$526,096$3,215,187
64$8,148,511$1,236,532$437,097$3,388,574
65$8,869,678$1,187,141$341,759$3,578,781
66$9,660,939$1,131,865$239,762$3,787,662
67$10,529,336$1,070,308$130,775$4,017,273
68$11,482,623$1,002,047$14,450$4,269,890
69$12,529,343$926,640$0$4,548,036
70$13,678,906$843,616$0$4,884,933
71$14,941,679$752,478$0$5,259,499
72$16,329,083$652,701$0$5,671,255
73$17,853,697$543,731$0$6,124,101
74$19,529,381$424,982$0$6,622,350
75$21,371,406$295,833$0$7,170,761
76$23,396,593$155,633$0$7,774,595
77$25,623,476$3,689$0$8,439,659
78$28,072,474$0$0$9,172,366
79$30,766,086$0$0$10,057,617
80$33,729,098$0$0$11,033,609
81$36,988,821$0$0$12,107,580
82$40,575,345$0$0$13,289,476
83$44,521,825$0$0$14,590,253
84$48,864,792$0$0$16,021,985
85$53,644,496$0$0$17,597,975
86$58,905,288$0$0$19,332,880
87$64,696,036$0$0$21,242,854
88$71,070,586$0$0$23,345,692
89$78,088,270$0$0$25,661,005
90$85,814,465$0$0$28,210,404
91$94,321,209$0$0$31,017,698
92$103,687,882$0$0$34,109,126
93$114,001,952$0$0$37,513,600
94$125,359,801$0$0$41,262,978
95$137,867,635$0$0$45,392,367
96$151,642,483$0$0$49,940,452
97$166,813,305$0$0$54,949,860
98$183,522,204$0$0$60,467,566
99$201,925,770$0$0$66,545,331
100$222,196,556$0$0$73,240,196