Can I retire at age 41 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$111,482$110,489$109,520$108,574$107,651$106,749
2 years$55,189$54,161$53,165$52,199$51,262$50,353
3 years$36,427$35,395$34,401$33,445$32,523$31,635
4 years$27,048$26,019$25,035$24,095$23,196$22,336
5 years$21,422$20,399$19,428$18,507$17,633$16,803
6 years$17,673$16,657$15,701$14,800$13,952$13,154
7 years$14,996$13,989$13,048$12,168$11,347$10,581
8 years$12,989$11,991$11,065$10,208$9,413$8,679
9 years$11,429$10,440$9,531$8,695$7,927$7,225
10 years$10,181$9,203$8,309$7,495$6,755$6,083
11 years$9,161$8,193$7,315$6,523$5,809$5,168
12 years$8,312$7,353$6,492$5,721$5,034$4,423
13 years$7,594$6,645$5,800$5,051$4,390$3,809
14 years$6,979$6,040$5,211$4,484$3,848$3,295
15 years$6,446$5,518$4,705$3,999$3,388$2,863
16 years$5,981$5,063$4,266$3,580$2,994$2,497
17 years$5,571$4,662$3,882$3,217$2,655$2,184
18 years$5,206$4,308$3,544$2,899$2,361$1,915
19 years$4,881$3,993$3,244$2,620$2,104$1,683
20 years$4,588$3,710$2,977$2,373$1,880$1,482
21 years$4,324$3,456$2,738$2,153$1,682$1,307
22 years$4,084$3,226$2,524$1,958$1,508$1,154
23 years$3,865$3,017$2,330$1,783$1,353$1,021
24 years$3,665$2,827$2,155$1,626$1,216$903
25 years$3,481$2,653$1,996$1,485$1,095$801
26 years$3,311$2,493$1,851$1,358$986$710
27 years$3,154$2,347$1,719$1,243$889$630
28 years$3,009$2,211$1,598$1,139$802$560
29 years$2,874$2,086$1,487$1,044$724$497
30 years$2,748$1,970$1,385$958$654$442
31 years$2,631$1,862$1,291$880$592$393
32 years$2,521$1,762$1,205$809$535$350
33 years$2,418$1,669$1,125$744$484$312
34 years$2,321$1,582$1,051$684$439$278
35 years$2,230$1,500$983$630$397$247
36 years$2,144$1,424$919$580$360$220
37 years$2,063$1,352$861$535$326$196
38 years$1,987$1,285$806$493$296$175
39 years$1,914$1,222$755$454$268$156
40 years$1,846$1,163$708$419$243$139
41 years$1,781$1,107$664$387$221$124
42 years$1,719$1,054$622$357$200$111
43 years$1,660$1,004$584$329$182$99
44 years$1,604$957$548$304$165$88
45 years$1,551$913$515$281$150$79
46 years$1,500$871$484$259$136$70
47 years$1,451$831$454$240$123$63
48 years$1,405$793$427$222$112$56
49 years$1,361$758$401$205$102$50
50 years$1,318$724$377$189$92$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,350,000, adding $3,983 every year, while hoping to spend $31,604 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: 54/29/17 Blend
40$1,350,000$1,350,000$1,350,000$1,350,000
41$1,491,808$1,420,258$1,399,333$1,565,350
42$1,610,347$1,456,225$1,412,585$1,651,989
43$1,739,916$1,492,894$1,425,221$1,742,548
44$1,881,609$1,530,268$1,437,187$1,840,420
45$2,036,628$1,568,346$1,448,428$1,946,312
46$2,206,297$1,607,127$1,458,882$2,061,000
47$2,392,072$1,646,609$1,468,488$2,185,340
48$2,595,560$1,686,789$1,477,179$2,320,274
49$2,818,527$1,727,662$1,484,884$2,466,841
50$3,062,921$1,769,222$1,491,532$2,626,184
51$3,330,886$1,811,460$1,497,045$2,799,564
52$3,624,782$1,854,368$1,501,343$2,988,370
53$3,947,212$1,897,934$1,504,340$3,194,129
54$4,301,040$1,942,145$1,505,947$3,418,529
55$4,689,422$1,986,986$1,506,072$3,663,425
56$5,115,833$2,032,438$1,504,616$3,930,864
57$5,584,103$2,078,483$1,501,475$4,223,100
58$6,098,449$2,125,097$1,496,543$4,542,618
59$6,663,520$2,172,255$1,489,706$4,892,155
60$7,284,433$2,219,929$1,480,845$5,274,729
61$7,966,828$2,268,089$1,469,836$5,693,663
62$8,716,918$2,316,699$1,456,549$6,152,623
63$9,541,547$2,365,721$1,440,847$6,655,645
64$10,448,257$2,415,113$1,422,587$7,207,180
65$11,445,355$2,464,830$1,401,621$7,812,132
66$12,541,997$2,514,822$1,377,790$8,475,904
67$13,748,265$2,565,033$1,350,931$9,204,453
68$15,075,274$2,615,405$1,320,872$10,004,344
69$16,535,264$2,665,872$1,287,434$10,882,811
70$18,141,727$2,716,366$1,250,429$11,847,827
71$19,909,524$2,766,809$1,209,659$12,908,180
72$21,855,033$2,817,120$1,164,921$14,073,554
73$23,996,299$2,867,211$1,115,997$15,354,622
74$26,353,203$2,916,986$1,062,665$16,763,147
75$28,947,653$2,966,342$1,004,688$18,312,096
76$31,803,790$3,015,169$941,821$20,015,755
77$34,948,212$3,063,348$873,808$21,889,873
78$38,410,229$3,110,751$800,380$23,951,805
79$42,222,137$3,157,242$721,257$26,220,679
80$46,419,522$3,202,675$636,146$28,717,577
81$51,041,599$3,246,891$544,743$31,465,732
82$56,131,577$3,289,723$446,726$34,490,751
83$61,737,070$3,330,992$341,764$37,820,856
84$67,910,546$3,370,506$229,508$41,487,149
85$74,709,820$3,408,058$109,594$45,523,908
86$82,198,600$3,443,432$0$49,968,914
87$90,447,089$3,476,392$0$54,867,134
88$99,532,648$3,506,691$0$60,282,555
89$109,540,523$3,534,064$0$66,245,924
90$120,564,650$3,558,227$0$72,813,054
91$132,708,545$3,578,880$0$80,045,453
92$146,086,275$3,595,704$0$88,010,903
93$160,823,540$3,608,358$0$96,784,101
94$177,058,855$3,616,481$0$106,447,364
95$194,944,857$3,619,689$0$117,091,408
96$214,649,752$3,617,572$0$128,816,200
97$236,358,891$3,609,698$0$141,731,910
98$260,276,532$3,595,607$0$155,959,946
99$286,627,756$3,574,810$0$171,634,100
100$315,660,600$3,546,788$0$188,901,815