Can I retire at age 41 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$113,959$112,944$111,954$110,987$110,043$109,579
2 years$56,415$55,365$54,346$53,359$52,401$51,933
3 years$37,237$36,181$35,166$34,188$33,246$32,788
4 years$27,649$26,597$25,592$24,630$23,711$23,267
5 years$21,898$20,853$19,860$18,918$18,025$17,595
6 years$18,065$17,028$16,050$15,129$14,262$13,848
7 years$15,329$14,300$13,338$12,439$11,599$11,201
8 years$13,277$12,258$11,311$10,434$9,623$9,240
9 years$11,683$10,672$9,742$8,888$8,104$7,736
10 years$10,407$9,407$8,494$7,661$6,905$6,553
11 years$9,365$8,375$7,478$6,668$5,938$5,602
12 years$8,497$7,517$6,636$5,848$5,146$4,824
13 years$7,763$6,793$5,929$5,163$4,487$4,181
14 years$7,134$6,175$5,327$4,583$3,934$3,641
15 years$6,590$5,641$4,810$4,088$3,463$3,185
16 years$6,114$5,175$4,361$3,660$3,061$2,796
17 years$5,695$4,766$3,968$3,288$2,714$2,462
18 years$5,322$4,404$3,622$2,964$2,413$2,174
19 years$4,989$4,082$3,316$2,678$2,151$1,924
20 years$4,690$3,793$3,043$2,425$1,921$1,707
21 years$4,420$3,533$2,799$2,201$1,719$1,516
22 years$4,174$3,298$2,580$2,001$1,541$1,349
23 years$3,951$3,084$2,382$1,823$1,383$1,202
24 years$3,746$2,890$2,203$1,662$1,243$1,072
25 years$3,558$2,712$2,041$1,518$1,119$958
26 years$3,384$2,549$1,893$1,388$1,008$856
27 years$3,224$2,399$1,757$1,271$909$766
28 years$3,076$2,260$1,634$1,164$820$686
29 years$2,938$2,132$1,520$1,068$740$614
30 years$2,809$2,014$1,416$980$669$551
31 years$2,689$1,904$1,320$900$605$494
32 years$2,577$1,801$1,232$827$547$443
33 years$2,471$1,706$1,150$760$495$398
34 years$2,372$1,617$1,075$700$448$357
35 years$2,279$1,533$1,005$644$406$321
36 years$2,192$1,455$940$593$368$288
37 years$2,109$1,382$880$547$333$259
38 years$2,031$1,314$824$504$302$233
39 years$1,957$1,249$772$464$274$209
40 years$1,887$1,189$723$428$249$188
41 years$1,820$1,131$678$395$226$169
42 years$1,757$1,078$636$365$205$152
43 years$1,697$1,027$597$337$186$137
44 years$1,640$979$560$311$169$123
45 years$1,585$933$526$287$153$111
46 years$1,533$890$494$265$139$100
47 years$1,484$850$464$245$126$90
48 years$1,436$811$436$226$115$81
49 years$1,391$774$410$209$104$73
50 years$1,347$740$386$193$95$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,380,000, adding $2,836 every year, while hoping to spend $55,732 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: 20/50/30 Blend
40$1,380,000$1,380,000$1,380,000$1,380,000
41$1,523,685$1,450,545$1,429,155$1,539,580
42$1,619,803$1,462,324$1,417,734$1,566,820
43$1,723,856$1,472,811$1,404,061$1,591,118
44$1,836,597$1,481,886$1,388,004$1,615,853
45$1,958,849$1,489,418$1,369,422$1,641,095
46$2,091,521$1,495,269$1,348,167$1,666,928
47$2,235,611$1,499,292$1,324,086$1,693,445
48$2,392,217$1,501,331$1,297,016$1,720,757
49$2,562,547$1,501,220$1,266,790$1,748,992
50$2,747,930$1,498,782$1,233,230$1,778,294
51$2,949,828$1,493,832$1,196,152$1,808,831
52$3,169,850$1,486,169$1,155,363$1,840,794
53$3,409,767$1,475,584$1,110,661$1,874,400
54$3,671,528$1,461,853$1,061,833$1,909,896
55$3,957,279$1,444,739$1,008,659$1,947,561
56$4,269,382$1,423,991$950,909$1,987,714
57$4,610,435$1,399,342$888,341$2,030,714
58$4,983,301$1,370,512$820,702$2,076,964
59$5,391,131$1,337,201$747,729$2,126,921
60$5,837,396$1,299,093$669,148$2,181,100
61$6,325,915$1,255,853$584,669$2,240,077
62$6,860,896$1,207,127$493,993$2,304,501
63$7,446,972$1,152,541$396,806$2,375,100
64$8,089,244$1,091,697$292,780$2,452,688
65$8,793,333$1,024,176$181,574$2,538,178
66$9,565,427$949,535$62,831$2,632,591
67$10,412,343$867,304$0$2,737,069
68$11,341,588$776,988$0$2,873,336
69$12,361,433$678,063$0$3,045,156
70$13,480,986$569,976$0$3,234,113
71$14,710,282$452,140$0$3,442,109
72$16,060,375$323,939$0$3,671,257
73$17,543,442$184,721$0$3,923,897
74$19,172,895$33,794$0$4,202,621
75$20,963,514$0$0$4,510,305
76$22,931,578$0$0$4,921,420
77$25,095,022$0$0$5,394,064
78$27,473,608$0$0$5,913,992
79$30,089,104$0$0$6,486,000
80$32,965,496$0$0$7,115,369
81$36,129,210$0$0$7,807,919
82$39,609,362$0$0$8,570,064
83$43,438,030$0$0$9,408,867
84$47,650,562$0$0$10,332,116
85$52,285,900$0$0$11,348,387
86$57,386,954$0$0$12,467,134
87$63,001,004$0$0$13,698,770
88$69,180,146$0$0$15,054,774
89$75,981,781$0$0$16,547,789
90$83,469,158$0$0$18,191,751
91$91,711,971$0$0$20,002,015
92$100,787,013$0$0$21,995,498
93$110,778,903$0$0$24,190,845
94$121,780,881$0$0$26,608,598
95$133,895,690$0$0$29,271,397
96$147,236,545$0$0$32,204,187
97$161,928,197$0$0$35,434,454
98$178,108,113$0$0$38,992,490
99$195,927,773$0$0$42,911,673
100$215,554,096$0$0$47,228,785