Can I retire at age 41 with 1,360,000?

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 $1,360,000?

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 years$112,308$111,307$110,331$109,379$108,448$107,991
2 years$55,598$54,562$53,559$52,586$51,642$51,181
3 years$36,697$35,657$34,656$33,692$32,764$32,312
4 years$27,248$26,212$25,221$24,273$23,367$22,929
5 years$21,581$20,550$19,572$18,644$17,764$17,340
6 years$17,804$16,781$15,817$14,910$14,056$13,648
7 years$15,107$14,093$13,144$12,258$11,431$11,038
8 years$13,085$12,080$11,147$10,283$9,483$9,106
9 years$11,513$10,518$9,601$8,759$7,986$7,624
10 years$10,257$9,271$8,371$7,550$6,805$6,458
11 years$9,229$8,253$7,369$6,571$5,852$5,521
12 years$8,374$7,408$6,540$5,764$5,071$4,755
13 years$7,650$6,694$5,843$5,088$4,422$4,120
14 years$7,031$6,085$5,250$4,517$3,877$3,588
15 years$6,494$5,559$4,740$4,028$3,413$3,139
16 years$6,025$5,100$4,298$3,607$3,017$2,756
17 years$5,612$4,697$3,911$3,241$2,675$2,427
18 years$5,245$4,340$3,570$2,921$2,378$2,143
19 years$4,917$4,022$3,268$2,639$2,120$1,897
20 years$4,622$3,738$2,999$2,390$1,893$1,682
21 years$4,356$3,482$2,759$2,169$1,694$1,494
22 years$4,114$3,250$2,543$1,972$1,519$1,330
23 years$3,893$3,040$2,348$1,796$1,363$1,185
24 years$3,692$2,848$2,171$1,638$1,225$1,057
25 years$3,506$2,673$2,011$1,496$1,103$944
26 years$3,335$2,512$1,865$1,368$993$844
27 years$3,178$2,364$1,732$1,252$896$755
28 years$3,031$2,228$1,610$1,147$808$676
29 years$2,895$2,101$1,498$1,052$730$605
30 years$2,768$1,985$1,396$966$659$543
31 years$2,650$1,876$1,301$887$596$487
32 years$2,539$1,775$1,214$815$539$437
33 years$2,436$1,681$1,133$749$488$392
34 years$2,338$1,593$1,059$690$442$352
35 years$2,246$1,511$990$635$400$316
36 years$2,160$1,434$926$585$363$284
37 years$2,078$1,362$867$539$329$255
38 years$2,001$1,295$812$496$298$230
39 years$1,928$1,231$761$458$270$206
40 years$1,859$1,171$713$422$245$186
41 years$1,794$1,115$668$390$222$167
42 years$1,731$1,062$627$360$202$150
43 years$1,672$1,012$588$332$183$135
44 years$1,616$964$552$306$166$122
45 years$1,562$920$519$283$151$109
46 years$1,511$877$487$261$137$99
47 years$1,462$837$458$242$124$89
48 years$1,415$799$430$223$113$80
49 years$1,371$763$404$206$103$72
50 years$1,328$729$380$191$93$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,360,000, adding $4,794 every year, while hoping to spend $54,658 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: 80/6/14 Blend
40$1,360,000$1,360,000$1,360,000$1,360,000
41$1,503,665$1,431,585$1,410,505$1,619,380
42$1,598,883$1,443,577$1,399,601$1,708,132
43$1,701,982$1,454,325$1,386,500$1,797,968
44$1,813,707$1,463,709$1,371,071$1,894,991
45$1,934,878$1,471,605$1,353,175$1,999,898
46$2,066,399$1,477,877$1,332,670$2,113,454
47$2,209,261$1,482,382$1,309,404$2,236,503
48$2,364,556$1,484,969$1,283,219$2,369,976
49$2,533,484$1,485,476$1,253,950$2,514,897
50$2,717,367$1,483,731$1,221,425$2,672,395
51$2,917,658$1,479,554$1,185,462$2,843,715
52$3,135,957$1,472,750$1,145,873$3,030,227
53$3,374,024$1,463,115$1,102,460$3,233,442
54$3,633,798$1,450,430$1,055,015$3,455,026
55$3,917,411$1,434,467$1,003,324$3,696,812
56$4,227,210$1,414,979$947,159$3,960,823
57$4,565,782$1,391,709$886,285$4,249,287
58$4,935,970$1,364,382$820,454$4,564,660
59$5,340,909$1,332,706$749,409$4,909,650
60$5,784,048$1,296,375$672,880$5,287,238
61$6,269,185$1,255,062$590,586$5,700,714
62$6,800,505$1,208,423$502,233$6,153,700
63$7,382,612$1,156,091$407,514$6,650,192
64$8,020,581$1,097,682$306,108$7,194,590
65$8,719,998$1,032,787$197,681$7,791,747
66$9,487,018$960,973$81,883$8,447,010
67$10,328,417$881,784$0$9,166,273
68$11,251,661$794,737$0$9,962,261
69$12,264,973$699,322$0$10,849,364
70$13,377,411$594,999$0$11,823,288
71$14,598,952$481,198$0$12,892,794
72$15,940,586$357,319$0$14,067,533
73$17,414,423$222,724$0$15,358,138
74$19,033,800$76,743$0$16,776,327
75$20,813,410$0$0$18,335,008
76$22,769,444$0$0$20,053,777
77$24,919,734$0$0$21,948,850
78$27,283,930$0$0$24,032,483
79$29,883,679$0$0$26,323,759
80$32,742,831$0$0$28,843,704
81$35,887,664$0$0$31,615,484
82$39,347,129$0$0$34,664,621
83$43,153,126$0$0$38,019,238
84$47,340,800$0$0$41,710,319
85$51,948,879$0$0$45,772,003
86$57,020,030$0$0$50,241,906
87$62,601,268$0$0$55,161,477
88$68,744,396$0$0$60,576,382
89$75,506,493$0$0$66,536,944
90$82,950,455$0$0$73,098,609
91$91,145,583$0$0$80,322,473
92$100,168,241$0$0$88,275,857
93$110,102,573$0$0$97,032,942
94$121,041,298$0$0$106,675,467
95$133,086,583$0$0$117,293,502
96$146,351,008$0$0$128,986,297
97$160,958,627$0$0$141,863,216
98$177,046,137$0$0$156,044,770
99$194,764,169$0$0$171,663,756
100$214,278,710$0$0$188,866,504