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%18.3%
1 years$112,308$111,307$110,331$109,379$108,448$104,809
2 years$55,598$54,562$53,559$52,586$51,642$48,011
3 years$36,697$35,657$34,656$33,692$32,764$29,256
4 years$27,248$26,212$25,221$24,273$23,367$20,009
5 years$21,581$20,550$19,572$18,644$17,764$14,564
6 years$17,804$16,781$15,817$14,910$14,056$11,017
7 years$15,107$14,093$13,144$12,258$11,431$8,553
8 years$13,085$12,080$11,147$10,283$9,483$6,763
9 years$11,513$10,518$9,601$8,759$7,986$5,421
10 years$10,257$9,271$8,371$7,550$6,805$4,391
11 years$9,229$8,253$7,369$6,571$5,852$3,584
12 years$8,374$7,408$6,540$5,764$5,071$2,945
13 years$7,650$6,694$5,843$5,088$4,422$2,432
14 years$7,031$6,085$5,250$4,517$3,877$2,016
15 years$6,494$5,559$4,740$4,028$3,413$1,677
16 years$6,025$5,100$4,298$3,607$3,017$1,398
17 years$5,612$4,697$3,911$3,241$2,675$1,169
18 years$5,245$4,340$3,570$2,921$2,378$979
19 years$4,917$4,022$3,268$2,639$2,120$821
20 years$4,622$3,738$2,999$2,390$1,893$689
21 years$4,356$3,482$2,759$2,169$1,694$580
22 years$4,114$3,250$2,543$1,972$1,519$488
23 years$3,893$3,040$2,348$1,796$1,363$411
24 years$3,692$2,848$2,171$1,638$1,225$346
25 years$3,506$2,673$2,011$1,496$1,103$292
26 years$3,335$2,512$1,865$1,368$993$246
27 years$3,178$2,364$1,732$1,252$896$207
28 years$3,031$2,228$1,610$1,147$808$175
29 years$2,895$2,101$1,498$1,052$730$148
30 years$2,768$1,985$1,396$966$659$125
31 years$2,650$1,876$1,301$887$596$105
32 years$2,539$1,775$1,214$815$539$89
33 years$2,436$1,681$1,133$749$488$75
34 years$2,338$1,593$1,059$690$442$64
35 years$2,246$1,511$990$635$400$54
36 years$2,160$1,434$926$585$363$45
37 years$2,078$1,362$867$539$329$38
38 years$2,001$1,295$812$496$298$32
39 years$1,928$1,231$761$458$270$27
40 years$1,859$1,171$713$422$245$23
41 years$1,794$1,115$668$390$222$20
42 years$1,731$1,062$627$360$202$17
43 years$1,672$1,012$588$332$183$14
44 years$1,616$964$552$306$166$12
45 years$1,562$920$519$283$151$10
46 years$1,511$877$487$261$137$8
47 years$1,462$837$458$242$124$7
48 years$1,415$799$430$223$113$6
49 years$1,371$763$404$206$103$5
50 years$1,328$729$380$191$93$4

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 $6,637 every year, while hoping to spend $52,531 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: 50/21/29 Blend
40$1,360,000$1,360,000$1,360,000$1,360,000
41$1,505,566$1,433,486$1,412,406$1,568,183
42$1,603,241$1,447,834$1,403,829$1,627,047
43$1,709,119$1,461,125$1,393,204$1,685,253
44$1,823,979$1,473,251$1,380,407$1,747,506
45$1,948,683$1,484,098$1,365,308$1,814,215
46$2,084,174$1,493,544$1,347,771$1,885,832
47$2,231,491$1,501,459$1,327,654$1,962,860
48$2,391,780$1,507,707$1,304,806$2,045,854
49$2,566,296$1,512,140$1,279,072$2,135,427
50$2,756,426$1,514,602$1,250,289$2,232,259
51$2,963,693$1,514,929$1,218,285$2,337,104
52$3,189,774$1,512,945$1,182,882$2,450,791
53$3,436,514$1,508,462$1,143,892$2,574,242
54$3,705,945$1,501,284$1,101,119$2,708,473
55$4,000,304$1,491,199$1,054,358$2,854,610
56$4,322,052$1,477,985$1,003,397$3,013,896
57$4,673,901$1,461,406$948,010$3,187,705
58$5,058,835$1,441,210$887,964$3,377,557
59$5,480,140$1,417,134$823,015$3,585,132
60$5,941,436$1,388,895$752,907$3,812,284
61$6,446,707$1,356,195$677,374$4,061,065
62$7,000,341$1,318,719$596,137$4,333,739
63$7,607,173$1,276,133$508,904$4,632,810
64$8,272,524$1,228,083$415,372$4,961,040
65$9,002,258$1,174,196$315,224$5,321,484
66$9,802,832$1,114,075$208,127$5,717,513
67$10,681,359$1,047,302$93,737$6,152,850
68$11,645,672$973,434$0$6,631,607
69$12,704,401$892,004$0$7,167,091
70$13,867,054$802,515$0$7,787,069
71$15,144,101$704,447$0$8,468,159
72$16,547,079$597,244$0$9,216,595
73$18,088,697$480,325$0$10,039,249
74$19,782,955$353,072$0$10,943,700
75$21,645,278$214,834$0$11,938,301
76$23,692,658$64,923$0$13,032,263
77$25,943,817$0$0$14,235,740
78$28,419,381$0$0$15,582,433
79$31,142,076$0$0$17,080,223
80$34,136,939$0$0$18,727,902
81$37,431,556$0$0$20,540,667
82$41,056,323$0$0$22,535,264
83$45,044,729$0$0$24,730,142
84$49,433,673$0$0$27,145,631
85$54,263,812$0$0$29,804,130
86$59,579,945$0$0$32,730,319
87$65,431,431$0$0$35,951,394
88$71,872,661$0$0$39,497,320
89$78,963,564$0$0$43,401,115
90$86,770,175$0$0$47,699,162
91$95,365,259$0$0$52,431,550
92$104,828,994$0$0$57,642,455
93$115,249,729$0$0$63,380,553
94$126,724,817$0$0$69,699,482
95$139,361,532$0$0$76,658,346
96$153,278,081$0$0$84,322,274
97$168,604,721$0$0$92,763,033
98$185,484,985$0$0$102,059,706
99$204,077,037$0$0$112,299,437
100$224,555,164$0$0$123,578,255