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%13.2%
1 years$111,482$110,489$109,520$108,574$107,651$106,218
2 years$55,189$54,161$53,165$52,199$51,262$49,821
3 years$36,427$35,395$34,401$33,445$32,523$31,118
4 years$27,048$26,019$25,035$24,095$23,196$21,838
5 years$21,422$20,399$19,428$18,507$17,633$16,326
6 years$17,673$16,657$15,701$14,800$13,952$12,698
7 years$14,996$13,989$13,048$12,168$11,347$10,146
8 years$12,989$11,991$11,065$10,208$9,413$8,265
9 years$11,429$10,440$9,531$8,695$7,927$6,832
10 years$10,181$9,203$8,309$7,495$6,755$5,711
11 years$9,161$8,193$7,315$6,523$5,809$4,816
12 years$8,312$7,353$6,492$5,721$5,034$4,091
13 years$7,594$6,645$5,800$5,051$4,390$3,495
14 years$6,979$6,040$5,211$4,484$3,848$3,000
15 years$6,446$5,518$4,705$3,999$3,388$2,586
16 years$5,981$5,063$4,266$3,580$2,994$2,236
17 years$5,571$4,662$3,882$3,217$2,655$1,939
18 years$5,206$4,308$3,544$2,899$2,361$1,686
19 years$4,881$3,993$3,244$2,620$2,104$1,469
20 years$4,588$3,710$2,977$2,373$1,880$1,282
21 years$4,324$3,456$2,738$2,153$1,682$1,120
22 years$4,084$3,226$2,524$1,958$1,508$981
23 years$3,865$3,017$2,330$1,783$1,353$859
24 years$3,665$2,827$2,155$1,626$1,216$754
25 years$3,481$2,653$1,996$1,485$1,095$662
26 years$3,311$2,493$1,851$1,358$986$581
27 years$3,154$2,347$1,719$1,243$889$511
28 years$3,009$2,211$1,598$1,139$802$450
29 years$2,874$2,086$1,487$1,044$724$396
30 years$2,748$1,970$1,385$958$654$348
31 years$2,631$1,862$1,291$880$592$307
32 years$2,521$1,762$1,205$809$535$270
33 years$2,418$1,669$1,125$744$484$238
34 years$2,321$1,582$1,051$684$439$210
35 years$2,230$1,500$983$630$397$185
36 years$2,144$1,424$919$580$360$163
37 years$2,063$1,352$861$535$326$144
38 years$1,987$1,285$806$493$296$127
39 years$1,914$1,222$755$454$268$112
40 years$1,846$1,163$708$419$243$99
41 years$1,781$1,107$664$387$221$87
42 years$1,719$1,054$622$357$200$77
43 years$1,660$1,004$584$329$182$68
44 years$1,604$957$548$304$165$60
45 years$1,551$913$515$281$150$53
46 years$1,500$871$484$259$136$47
47 years$1,451$831$454$240$123$41
48 years$1,405$793$427$222$112$37
49 years$1,361$758$401$205$102$32
50 years$1,318$724$377$189$92$29

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 $2,720 every year, while hoping to spend $45,853 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: 44/43/13 Blend
40$1,350,000$1,350,000$1,350,000$1,350,000
41$1,490,506$1,418,956$1,398,031$1,550,400
42$1,593,750$1,439,697$1,396,077$1,613,182
43$1,705,988$1,459,918$1,392,522$1,676,355
44$1,828,090$1,479,545$1,387,262$1,743,818
45$1,961,011$1,498,498$1,380,191$1,815,983
46$2,105,803$1,516,694$1,371,197$1,893,307
47$2,263,624$1,534,041$1,360,161$1,976,296
48$2,435,748$1,550,444$1,346,961$2,065,507
49$2,623,578$1,565,799$1,331,468$2,161,556
50$2,828,657$1,579,997$1,313,546$2,265,126
51$3,052,685$1,592,922$1,293,054$2,376,968
52$3,297,532$1,604,448$1,269,844$2,497,912
53$3,565,257$1,614,443$1,243,761$2,628,879
54$3,858,129$1,622,766$1,214,643$2,770,881
55$4,178,644$1,629,268$1,182,320$2,925,039
56$4,529,552$1,633,788$1,146,613$3,092,590
57$4,913,880$1,636,157$1,107,339$3,274,902
58$5,334,962$1,636,195$1,064,301$3,473,483
59$5,796,470$1,633,711$1,017,297$3,690,001
60$6,302,449$1,628,502$966,115$3,926,297
61$6,857,352$1,620,351$910,533$4,184,402
62$7,466,084$1,609,031$850,319$4,466,563
63$8,134,050$1,594,298$785,229$4,775,256
64$8,867,200$1,575,896$715,012$5,113,219
65$9,672,091$1,553,552$639,401$5,483,471
66$10,555,945$1,526,977$558,122$5,889,347
67$11,526,717$1,495,864$470,885$6,334,528
68$12,593,171$1,459,890$377,388$6,823,076
69$13,764,961$1,418,712$277,317$7,359,476
70$15,052,723$1,371,965$170,343$7,948,677
71$16,468,175$1,319,265$56,124$8,596,141
72$18,024,225$1,260,205$0$9,307,897
73$19,735,095$1,194,354$0$10,099,718
74$21,616,455$1,121,258$0$10,978,722
75$23,685,568$1,040,434$0$11,945,271
76$25,961,453$951,372$0$13,008,355
77$28,465,067$853,536$0$14,177,894
78$31,219,500$746,355$0$15,464,826
79$34,250,191$629,228$0$16,881,214
80$37,585,171$501,521$0$18,440,364
81$41,255,325$362,562$0$20,156,949
82$45,294,684$211,643$0$22,047,148
83$49,740,743$48,015$0$24,128,805
84$54,634,820$0$0$26,421,598
85$60,022,439$0$0$29,008,315
86$65,953,763$0$0$31,881,291
87$72,484,068$0$0$35,044,606
88$79,674,258$0$0$38,527,790
89$87,591,447$0$0$42,363,379
90$96,309,588$0$0$46,587,231
91$105,910,169$0$0$51,238,853
92$116,482,985$0$0$56,361,781
93$128,126,983$0$0$62,003,990
94$140,951,194$0$0$68,218,344
95$155,075,766$0$0$75,063,095
96$170,633,092$0$0$82,602,435
97$187,769,062$0$0$90,907,099
98$206,644,440$0$0$100,055,034
99$227,436,380$0$0$110,132,134
100$250,340,094$0$0$121,233,050