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%14.9%
1 years$113,133$112,126$111,142$110,183$109,246$107,040
2 years$56,007$54,964$53,953$52,972$52,022$49,809
3 years$36,967$35,919$34,911$33,940$33,005$30,854
4 years$27,449$26,404$25,406$24,452$23,539$21,468
5 years$21,740$20,701$19,716$18,781$17,894$15,907
6 years$17,935$16,904$15,934$15,020$14,159$12,259
7 years$15,218$14,196$13,241$12,348$11,515$9,702
8 years$13,181$12,169$11,229$10,359$9,553$7,827
9 years$11,598$10,595$9,672$8,823$8,045$6,404
10 years$10,332$9,339$8,432$7,606$6,855$5,298
11 years$9,297$8,314$7,424$6,619$5,895$4,420
12 years$8,435$7,462$6,588$5,806$5,109$3,714
13 years$7,706$6,744$5,886$5,126$4,455$3,137
14 years$7,082$6,130$5,289$4,550$3,905$2,663
15 years$6,542$5,600$4,775$4,058$3,438$2,268
16 years$6,070$5,138$4,329$3,633$3,039$1,938
17 years$5,653$4,732$3,939$3,265$2,694$1,661
18 years$5,284$4,372$3,596$2,942$2,396$1,426
19 years$4,953$4,052$3,292$2,658$2,135$1,227
20 years$4,656$3,765$3,021$2,408$1,907$1,057
21 years$4,388$3,507$2,779$2,185$1,707$912
22 years$4,144$3,274$2,561$1,987$1,530$788
23 years$3,922$3,062$2,365$1,809$1,373$682
24 years$3,719$2,869$2,187$1,650$1,234$590
25 years$3,532$2,692$2,026$1,507$1,111$511
26 years$3,360$2,530$1,879$1,378$1,001$443
27 years$3,201$2,381$1,745$1,261$902$384
28 years$3,053$2,244$1,622$1,156$814$333
29 years$2,916$2,117$1,509$1,060$735$289
30 years$2,789$1,999$1,406$973$664$251
31 years$2,670$1,890$1,311$893$600$218
32 years$2,558$1,788$1,223$821$543$190
33 years$2,453$1,693$1,142$755$492$165
34 years$2,355$1,605$1,067$695$445$143
35 years$2,263$1,522$997$639$403$124
36 years$2,176$1,445$933$589$365$108
37 years$2,094$1,372$873$543$331$94
38 years$2,016$1,304$818$500$300$82
39 years$1,943$1,240$766$461$272$71
40 years$1,873$1,180$718$425$247$62
41 years$1,807$1,123$673$392$224$54
42 years$1,744$1,070$632$362$203$47
43 years$1,685$1,019$593$334$184$41
44 years$1,628$972$556$309$167$35
45 years$1,574$926$522$285$152$31
46 years$1,522$884$491$263$138$27
47 years$1,473$843$461$243$125$23
48 years$1,426$805$433$225$114$20
49 years$1,381$769$407$208$103$18
50 years$1,338$734$383$192$94$15

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 $2,776 every year, while hoping to spend $32,764 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: 47/42/11 Blend
40$1,370,000$1,370,000$1,370,000$1,370,000
41$1,512,603$1,439,993$1,418,758$1,578,955
42$1,632,028$1,475,692$1,431,426$1,660,702
43$1,762,536$1,512,043$1,443,420$1,745,756
44$1,905,224$1,549,041$1,454,683$1,837,322
45$2,061,297$1,586,684$1,465,155$1,936,018
46$2,232,084$1,624,967$1,474,773$2,042,523
47$2,419,048$1,663,882$1,483,470$2,157,583
48$2,623,801$1,703,422$1,491,176$2,282,021
49$2,848,115$1,743,576$1,497,817$2,416,745
50$3,093,946$1,784,334$1,503,316$2,562,751
51$3,363,443$1,825,682$1,507,592$2,721,139
52$3,658,978$1,867,604$1,510,560$2,893,120
53$3,983,160$1,910,082$1,512,130$3,080,029
54$4,338,863$1,953,098$1,512,208$3,283,334
55$4,729,256$1,996,628$1,510,695$3,504,655
56$5,157,825$2,040,647$1,507,488$3,745,777
57$5,628,412$2,085,129$1,502,479$4,008,663
58$6,145,252$2,130,041$1,495,553$4,295,481
59$6,713,005$2,175,350$1,486,591$4,608,617
60$7,336,808$2,221,020$1,475,469$4,950,701
61$8,022,320$2,267,007$1,462,055$5,324,630
62$8,775,775$2,313,269$1,446,212$5,733,598
63$9,604,041$2,359,756$1,427,797$6,181,125
64$10,514,683$2,406,414$1,406,658$6,671,089
65$11,516,039$2,453,186$1,382,639$7,207,764
66$12,617,292$2,500,009$1,355,574$7,795,861
67$13,828,560$2,546,815$1,325,291$8,440,571
68$15,160,994$2,593,529$1,291,609$9,147,617
69$16,626,877$2,640,074$1,254,339$9,923,303
70$18,239,743$2,686,362$1,213,284$10,774,580
71$20,014,504$2,732,301$1,168,237$11,709,108
72$21,967,592$2,777,792$1,118,981$12,735,328
73$24,117,110$2,822,727$1,065,290$13,862,544
74$26,483,007$2,866,993$1,006,929$15,101,012
75$29,087,263$2,910,464$943,651$16,462,033
76$31,954,097$2,953,010$875,196$17,958,064
77$35,110,196$2,994,489$801,297$19,602,835
78$38,584,966$3,034,749$721,670$21,411,478
79$42,410,808$3,073,628$636,022$23,400,669
80$46,623,427$3,110,952$544,045$25,588,791
81$51,262,165$3,146,537$445,419$27,996,102
82$56,370,373$3,180,185$339,808$30,644,931
83$61,995,822$3,211,684$226,862$33,559,888
84$68,191,150$3,240,811$106,216$36,768,096
85$75,014,362$3,267,325$0$40,299,449
86$82,529,374$3,290,972$0$44,189,540
87$90,806,620$3,311,479$0$48,485,514
88$99,923,711$3,328,557$0$53,214,960
89$109,966,171$3,341,898$0$58,422,040
90$121,028,246$3,351,176$0$64,155,423
91$133,213,786$3,356,043$0$70,468,744
92$146,637,231$3,356,128$0$77,421,113
93$161,424,691$3,351,041$0$85,077,674
94$177,715,132$3,340,364$0$93,510,219
95$195,661,688$3,323,655$0$102,797,868
96$215,433,112$3,300,445$0$113,027,818
97$237,215,359$3,270,237$0$124,296,163
98$261,213,350$3,232,502$0$136,708,806
99$287,652,899$3,186,683$0$150,382,461
100$316,782,850$3,132,185$0$165,445,750