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%15.7%
1 years$113,133$112,126$111,142$110,183$109,246$106,691
2 years$56,007$54,964$53,953$52,972$52,022$49,463
3 years$36,967$35,919$34,911$33,940$33,005$30,521
4 years$27,449$26,404$25,406$24,452$23,539$21,150
5 years$21,740$20,701$19,716$18,781$17,894$15,606
6 years$17,935$16,904$15,934$15,020$14,159$11,975
7 years$15,218$14,196$13,241$12,348$11,515$9,435
8 years$13,181$12,169$11,229$10,359$9,553$7,575
9 years$11,598$10,595$9,672$8,823$8,045$6,169
10 years$10,332$9,339$8,432$7,606$6,855$5,078
11 years$9,297$8,314$7,424$6,619$5,895$4,216
12 years$8,435$7,462$6,588$5,806$5,109$3,523
13 years$7,706$6,744$5,886$5,126$4,455$2,961
14 years$7,082$6,130$5,289$4,550$3,905$2,499
15 years$6,542$5,600$4,775$4,058$3,438$2,117
16 years$6,070$5,138$4,329$3,633$3,039$1,799
17 years$5,653$4,732$3,939$3,265$2,694$1,532
18 years$5,284$4,372$3,596$2,942$2,396$1,308
19 years$4,953$4,052$3,292$2,658$2,135$1,119
20 years$4,656$3,765$3,021$2,408$1,907$958
21 years$4,388$3,507$2,779$2,185$1,707$822
22 years$4,144$3,274$2,561$1,987$1,530$706
23 years$3,922$3,062$2,365$1,809$1,373$606
24 years$3,719$2,869$2,187$1,650$1,234$522
25 years$3,532$2,692$2,026$1,507$1,111$449
26 years$3,360$2,530$1,879$1,378$1,001$387
27 years$3,201$2,381$1,745$1,261$902$333
28 years$3,053$2,244$1,622$1,156$814$287
29 years$2,916$2,117$1,509$1,060$735$248
30 years$2,789$1,999$1,406$973$664$214
31 years$2,670$1,890$1,311$893$600$184
32 years$2,558$1,788$1,223$821$543$159
33 years$2,453$1,693$1,142$755$492$137
34 years$2,355$1,605$1,067$695$445$119
35 years$2,263$1,522$997$639$403$102
36 years$2,176$1,445$933$589$365$88
37 years$2,094$1,372$873$543$331$76
38 years$2,016$1,304$818$500$300$66
39 years$1,943$1,240$766$461$272$57
40 years$1,873$1,180$718$425$247$49
41 years$1,807$1,123$673$392$224$43
42 years$1,744$1,070$632$362$203$37
43 years$1,685$1,019$593$334$184$32
44 years$1,628$972$556$309$167$27
45 years$1,574$926$522$285$152$24
46 years$1,522$884$491$263$138$20
47 years$1,473$843$461$243$125$18
48 years$1,426$805$433$225$114$15
49 years$1,381$769$407$208$103$13
50 years$1,338$734$383$192$94$11

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 $5,064 every year, while hoping to spend $51,725 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: 31/46/23 Blend
40$1,370,000$1,370,000$1,370,000$1,370,000
41$1,514,964$1,442,354$1,421,119$1,551,019
42$1,614,455$1,457,994$1,413,691$1,594,517
43$1,722,361$1,472,667$1,404,281$1,636,330
44$1,839,485$1,486,271$1,392,768$1,680,280
45$1,966,711$1,498,697$1,379,024$1,726,586
46$2,105,011$1,509,829$1,362,917$1,775,493
47$2,255,456$1,519,544$1,344,308$1,827,274
48$2,419,221$1,527,711$1,323,052$1,882,233
49$2,597,603$1,534,189$1,298,995$1,940,709
50$2,792,025$1,538,831$1,271,978$2,003,078
51$3,004,057$1,541,479$1,241,835$2,069,763
52$3,235,424$1,541,965$1,208,389$2,141,228
53$3,488,026$1,540,111$1,171,460$2,217,996
54$3,763,956$1,535,727$1,130,855$2,300,642
55$4,065,515$1,528,614$1,086,374$2,389,811
56$4,395,239$1,518,557$1,037,809$2,486,214
57$4,755,919$1,505,331$984,940$2,590,646
58$5,150,627$1,488,697$927,540$2,703,986
59$5,582,748$1,468,400$865,370$2,827,211
60$6,056,008$1,444,172$798,180$2,961,406
61$6,574,511$1,415,726$725,709$3,107,771
62$7,142,776$1,382,762$647,686$3,267,642
63$7,765,781$1,344,959$563,825$3,442,497
64$8,449,007$1,301,979$473,829$3,633,974
65$9,198,493$1,253,462$377,389$3,843,890
66$10,020,888$1,199,031$274,181$4,074,257
67$10,923,518$1,138,283$163,865$4,327,303
68$11,914,452$1,070,794$46,090$4,605,497
69$13,002,578$996,115$0$4,911,571
70$14,197,688$913,772$0$5,268,084
71$15,510,568$823,263$0$5,672,189
72$16,953,101$724,057$0$6,116,367
73$18,538,376$615,594$0$6,604,818
74$20,280,815$497,283$0$7,142,183
75$22,196,306$368,498$0$7,733,587
76$24,302,352$228,577$0$8,384,689
77$26,618,239$76,825$0$9,101,740
78$29,165,214$0$0$9,891,643
79$31,966,685$0$0$10,806,309
80$35,048,445$0$0$11,855,504
81$38,438,910$0$0$13,010,045
82$42,169,393$0$0$14,280,627
83$46,274,390$0$0$15,679,030
84$50,791,914$0$0$17,218,236
85$55,763,848$0$0$18,912,549
86$61,236,341$0$0$20,777,731
87$67,260,243$0$0$22,831,149
88$73,891,583$0$0$25,091,939
89$81,192,100$0$0$27,581,188
90$89,229,822$0$0$30,322,131
91$98,079,709$0$0$33,340,372
92$107,824,362$0$0$36,664,123
93$118,554,795$0$0$40,324,473
94$130,371,302$0$0$44,355,677
95$143,384,395$0$0$48,795,484
96$157,715,854$0$0$53,685,491
97$173,499,868$0$0$59,071,534
98$190,884,307$0$0$65,004,122
99$210,032,113$0$0$71,538,914
100$231,122,841$0$0$78,737,242