Can I retire at age 41 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$113,133$112,126$111,142$110,183$109,246$105,622
2 years$56,007$54,964$53,953$52,972$52,022$48,406
3 years$36,967$35,919$34,911$33,940$33,005$29,511
4 years$27,449$26,404$25,406$24,452$23,539$20,193
5 years$21,740$20,701$19,716$18,781$17,894$14,705
6 years$17,935$16,904$15,934$15,020$14,159$11,130
7 years$15,218$14,196$13,241$12,348$11,515$8,646
8 years$13,181$12,169$11,229$10,359$9,553$6,841
9 years$11,598$10,595$9,672$8,823$8,045$5,487
10 years$10,332$9,339$8,432$7,606$6,855$4,446
11 years$9,297$8,314$7,424$6,619$5,895$3,632
12 years$8,435$7,462$6,588$5,806$5,109$2,986
13 years$7,706$6,744$5,886$5,126$4,455$2,467
14 years$7,082$6,130$5,289$4,550$3,905$2,047
15 years$6,542$5,600$4,775$4,058$3,438$1,704
16 years$6,070$5,138$4,329$3,633$3,039$1,422
17 years$5,653$4,732$3,939$3,265$2,694$1,190
18 years$5,284$4,372$3,596$2,942$2,396$997
19 years$4,953$4,052$3,292$2,658$2,135$837
20 years$4,656$3,765$3,021$2,408$1,907$703
21 years$4,388$3,507$2,779$2,185$1,707$592
22 years$4,144$3,274$2,561$1,987$1,530$498
23 years$3,922$3,062$2,365$1,809$1,373$420
24 years$3,719$2,869$2,187$1,650$1,234$354
25 years$3,532$2,692$2,026$1,507$1,111$299
26 years$3,360$2,530$1,879$1,378$1,001$252
27 years$3,201$2,381$1,745$1,261$902$213
28 years$3,053$2,244$1,622$1,156$814$180
29 years$2,916$2,117$1,509$1,060$735$152
30 years$2,789$1,999$1,406$973$664$128
31 years$2,670$1,890$1,311$893$600$108
32 years$2,558$1,788$1,223$821$543$92
33 years$2,453$1,693$1,142$755$492$77
34 years$2,355$1,605$1,067$695$445$66
35 years$2,263$1,522$997$639$403$55
36 years$2,176$1,445$933$589$365$47
37 years$2,094$1,372$873$543$331$40
38 years$2,016$1,304$818$500$300$34
39 years$1,943$1,240$766$461$272$28
40 years$1,873$1,180$718$425$247$24
41 years$1,807$1,123$673$392$224$20
42 years$1,744$1,070$632$362$203$17
43 years$1,685$1,019$593$334$184$15
44 years$1,628$972$556$309$167$12
45 years$1,574$926$522$285$152$10
46 years$1,522$884$491$263$138$9
47 years$1,473$843$461$243$125$7
48 years$1,426$805$433$225$114$6
49 years$1,381$769$407$208$103$5
50 years$1,338$734$383$192$94$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,370,000, adding $2,531 every year, while hoping to spend $56,013 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: 68/14/18 Blend
40$1,370,000$1,370,000$1,370,000$1,370,000
41$1,512,351$1,439,741$1,418,506$1,608,405
42$1,607,013$1,450,691$1,406,428$1,683,820
43$1,709,454$1,460,300$1,392,069$1,759,479
44$1,820,407$1,468,443$1,375,292$1,840,857
45$1,940,680$1,474,988$1,355,956$1,928,513
46$2,071,160$1,479,794$1,333,911$2,023,064
47$2,212,824$1,482,709$1,309,003$2,125,191
48$2,366,746$1,483,576$1,281,068$2,235,644
49$2,534,106$1,482,223$1,249,936$2,355,253
50$2,716,205$1,478,472$1,215,429$2,484,932
51$2,914,471$1,472,131$1,177,359$2,625,690
52$3,130,479$1,462,997$1,135,533$2,778,639
53$3,365,960$1,450,856$1,089,745$2,945,009
54$3,622,820$1,435,479$1,039,783$3,126,153
55$3,903,155$1,416,626$985,424$3,323,568
56$4,209,275$1,394,038$926,433$3,538,902
57$4,543,721$1,367,446$862,569$3,773,975
58$4,909,291$1,336,562$793,576$4,030,794
59$5,309,066$1,301,081$719,188$4,311,574
60$5,746,437$1,260,680$639,127$4,618,757
61$6,225,140$1,215,019$553,104$4,955,039
62$6,749,286$1,163,737$460,814$5,323,391
63$7,323,404$1,106,451$361,943$5,727,093
64$7,952,481$1,042,757$256,158$6,169,761
65$8,642,010$972,228$143,115$6,655,385
66$9,398,039$894,412$22,454$7,188,364
67$10,227,232$808,831$0$7,773,551
68$11,136,927$714,980$0$8,436,716
69$12,135,205$612,326$0$9,169,274
70$13,230,971$500,305$0$9,973,496
71$14,434,031$378,321$0$10,856,642
72$15,755,188$245,745$0$11,826,715
73$17,206,343$101,912$0$12,892,535
74$18,800,606$0$0$14,063,823
75$20,552,419$0$0$15,359,593
76$22,477,693$0$0$16,801,006
77$24,593,956$0$0$18,385,499
78$26,920,519$0$0$20,127,539
79$29,478,658$0$0$22,043,069
80$32,291,813$0$0$24,149,652
81$35,385,810$0$0$26,466,640
82$38,789,101$0$0$29,015,354
83$42,533,037$0$0$31,819,283
84$46,652,159$0$0$34,904,310
85$51,184,525$0$0$38,298,953
86$56,172,069$0$0$42,034,633
87$61,660,994$0$0$46,145,972
88$67,702,210$0$0$50,671,117
89$74,351,811$0$0$55,652,103
90$81,671,606$0$0$61,135,244
91$89,729,702$0$0$67,171,573
92$98,601,143$0$0$73,817,326
93$108,368,620$0$0$81,134,463
94$119,123,249$0$0$89,191,264
95$130,965,433$0$0$98,062,963
96$144,005,806$0$0$107,832,462
97$158,366,276$0$0$118,591,112
98$174,181,179$0$0$130,439,577
99$191,598,540$0$0$143,488,779
100$210,781,475$0$0$157,860,946