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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.6%
1 years$113,133$112,126$111,142$110,183$109,246$107,172
2 years$56,007$54,964$53,953$52,972$52,022$49,940
3 years$36,967$35,919$34,911$33,940$33,005$30,981
4 years$27,449$26,404$25,406$24,452$23,539$21,588
5 years$21,740$20,701$19,716$18,781$17,894$16,022
6 years$17,935$16,904$15,934$15,020$14,159$12,367
7 years$15,218$14,196$13,241$12,348$11,515$9,804
8 years$13,181$12,169$11,229$10,359$9,553$7,923
9 years$11,598$10,595$9,672$8,823$8,045$6,495
10 years$10,332$9,339$8,432$7,606$6,855$5,382
11 years$9,297$8,314$7,424$6,619$5,895$4,500
12 years$8,435$7,462$6,588$5,806$5,109$3,788
13 years$7,706$6,744$5,886$5,126$4,455$3,206
14 years$7,082$6,130$5,289$4,550$3,905$2,727
15 years$6,542$5,600$4,775$4,058$3,438$2,327
16 years$6,070$5,138$4,329$3,633$3,039$1,993
17 years$5,653$4,732$3,939$3,265$2,694$1,711
18 years$5,284$4,372$3,596$2,942$2,396$1,473
19 years$4,953$4,052$3,292$2,658$2,135$1,270
20 years$4,656$3,765$3,021$2,408$1,907$1,097
21 years$4,388$3,507$2,779$2,185$1,707$949
22 years$4,144$3,274$2,561$1,987$1,530$821
23 years$3,922$3,062$2,365$1,809$1,373$712
24 years$3,719$2,869$2,187$1,650$1,234$618
25 years$3,532$2,692$2,026$1,507$1,111$536
26 years$3,360$2,530$1,879$1,378$1,001$466
27 years$3,201$2,381$1,745$1,261$902$405
28 years$3,053$2,244$1,622$1,156$814$352
29 years$2,916$2,117$1,509$1,060$735$307
30 years$2,789$1,999$1,406$973$664$267
31 years$2,670$1,890$1,311$893$600$232
32 years$2,558$1,788$1,223$821$543$202
33 years$2,453$1,693$1,142$755$492$176
34 years$2,355$1,605$1,067$695$445$154
35 years$2,263$1,522$997$639$403$134
36 years$2,176$1,445$933$589$365$117
37 years$2,094$1,372$873$543$331$102
38 years$2,016$1,304$818$500$300$89
39 years$1,943$1,240$766$461$272$77
40 years$1,873$1,180$718$425$247$67
41 years$1,807$1,123$673$392$224$59
42 years$1,744$1,070$632$362$203$51
43 years$1,685$1,019$593$334$184$45
44 years$1,628$972$556$309$167$39
45 years$1,574$926$522$285$152$34
46 years$1,522$884$491$263$138$30
47 years$1,473$843$461$243$125$26
48 years$1,426$805$433$225$114$23
49 years$1,381$769$407$208$103$20
50 years$1,338$734$383$192$94$17

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 $2,108 every year, while hoping to spend $44,386 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: 70/9/21 Blend
40$1,370,000$1,370,000$1,370,000$1,370,000
41$1,511,914$1,439,304$1,418,069$1,609,766
42$1,618,903$1,462,604$1,418,348$1,698,650
43$1,735,317$1,485,558$1,417,149$1,790,482
44$1,862,071$1,508,101$1,414,375$1,889,913
45$2,000,171$1,530,167$1,409,925$1,997,692
46$2,150,725$1,551,681$1,403,694$2,114,643
47$2,314,951$1,572,566$1,395,569$2,241,675
48$2,494,190$1,592,736$1,385,436$2,379,789
49$2,689,921$1,612,103$1,373,171$2,530,091
50$2,903,767$1,630,570$1,358,646$2,693,796
51$3,137,519$1,648,036$1,341,729$2,872,248
52$3,393,147$1,664,391$1,322,278$3,066,925
53$3,672,821$1,679,519$1,300,147$3,279,458
54$3,978,929$1,693,296$1,275,183$3,511,646
55$4,314,102$1,705,590$1,247,223$3,765,470
56$4,681,236$1,716,259$1,216,101$4,043,114
57$5,083,521$1,725,155$1,181,639$4,346,987
58$5,524,471$1,732,118$1,143,655$4,679,745
59$6,007,954$1,736,978$1,101,954$5,044,315
60$6,538,231$1,739,557$1,056,336$5,443,923
61$7,119,998$1,739,662$1,006,590$5,882,126
62$7,758,422$1,737,090$952,495$6,362,845
63$8,459,200$1,731,626$893,823$6,890,405
64$9,228,604$1,723,041$830,331$7,469,569
65$10,073,544$1,711,093$761,769$8,105,591
66$11,001,632$1,695,522$687,875$8,804,262
67$12,021,253$1,676,058$608,374$9,571,965
68$13,141,645$1,652,409$522,979$10,415,737
69$14,372,986$1,624,270$431,391$11,343,335
70$15,726,486$1,591,315$333,299$12,363,309
71$17,214,499$1,553,200$228,375$13,485,085
72$18,850,631$1,509,561$116,279$14,719,052
73$20,649,878$1,460,011$0$16,076,662
74$22,628,756$1,404,143$0$17,571,291
75$24,805,467$1,341,524$0$19,243,955
76$27,200,062$1,271,696$0$21,083,998
77$29,834,636$1,194,177$0$23,108,417
78$32,733,532$1,108,455$0$25,335,941
79$35,923,572$1,013,988$0$27,787,209
80$39,434,309$910,207$0$30,484,965
81$43,298,307$796,506$0$33,454,270
82$47,551,447$672,247$0$36,722,741
83$52,233,263$536,755$0$40,320,813
84$57,387,319$389,319$0$44,282,020
85$63,061,616$229,186$0$48,643,320
86$69,309,046$55,562$0$53,445,438
87$76,187,891$0$0$58,733,253
88$83,762,372$0$0$64,569,332
89$92,103,254$0$0$71,002,072
90$101,288,516$0$0$78,086,122
91$111,404,082$0$0$85,887,763
92$122,544,636$0$0$94,480,032
93$134,814,514$0$0$103,943,412
94$148,328,683$0$0$114,366,589
95$163,213,836$0$0$125,847,289
96$179,609,576$0$0$138,493,203
97$197,669,741$0$0$152,423,000
98$217,563,853$0$0$167,767,445
99$239,478,716$0$0$184,670,640
100$263,620,181$0$0$203,291,373