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%16.9%
1 years$113,959$112,944$111,954$110,987$110,043$106,949
2 years$56,415$55,365$54,346$53,359$52,401$49,308
3 years$37,237$36,181$35,166$34,188$33,246$30,250
4 years$27,649$26,597$25,592$24,630$23,711$20,835
5 years$21,898$20,853$19,860$18,918$18,025$15,277
6 years$18,065$17,028$16,050$15,129$14,262$11,646
7 years$15,329$14,300$13,338$12,439$11,599$9,113
8 years$13,277$12,258$11,311$10,434$9,623$7,266
9 years$11,683$10,672$9,742$8,888$8,104$5,874
10 years$10,407$9,407$8,494$7,661$6,905$4,799
11 years$9,365$8,375$7,478$6,668$5,938$3,954
12 years$8,497$7,517$6,636$5,848$5,146$3,279
13 years$7,763$6,793$5,929$5,163$4,487$2,733
14 years$7,134$6,175$5,327$4,583$3,934$2,288
15 years$6,590$5,641$4,810$4,088$3,463$1,922
16 years$6,114$5,175$4,361$3,660$3,061$1,619
17 years$5,695$4,766$3,968$3,288$2,714$1,367
18 years$5,322$4,404$3,622$2,964$2,413$1,157
19 years$4,989$4,082$3,316$2,678$2,151$981
20 years$4,690$3,793$3,043$2,425$1,921$832
21 years$4,420$3,533$2,799$2,201$1,719$707
22 years$4,174$3,298$2,580$2,001$1,541$602
23 years$3,951$3,084$2,382$1,823$1,383$512
24 years$3,746$2,890$2,203$1,662$1,243$436
25 years$3,558$2,712$2,041$1,518$1,119$372
26 years$3,384$2,549$1,893$1,388$1,008$317
27 years$3,224$2,399$1,757$1,271$909$271
28 years$3,076$2,260$1,634$1,164$820$231
29 years$2,938$2,132$1,520$1,068$740$197
30 years$2,809$2,014$1,416$980$669$169
31 years$2,689$1,904$1,320$900$605$144
32 years$2,577$1,801$1,232$827$547$123
33 years$2,471$1,706$1,150$760$495$105
34 years$2,372$1,617$1,075$700$448$90
35 years$2,279$1,533$1,005$644$406$77
36 years$2,192$1,455$940$593$368$66
37 years$2,109$1,382$880$547$333$56
38 years$2,031$1,314$824$504$302$48
39 years$1,957$1,249$772$464$274$41
40 years$1,887$1,189$723$428$249$35
41 years$1,820$1,131$678$395$226$30
42 years$1,757$1,078$636$365$205$26
43 years$1,697$1,027$597$337$186$22
44 years$1,640$979$560$311$169$19
45 years$1,585$933$526$287$153$16
46 years$1,533$890$494$265$139$14
47 years$1,484$850$464$245$126$12
48 years$1,436$811$436$226$115$10
49 years$1,391$774$410$209$104$9
50 years$1,347$740$386$193$95$7

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 $5,700 every year, while hoping to spend $25,765 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: 63/22/15 Blend
40$1,380,000$1,380,000$1,380,000$1,380,000
41$1,526,640$1,453,500$1,432,110$1,616,865
42$1,654,943$1,497,307$1,452,671$1,721,905
43$1,795,470$1,542,398$1,473,059$1,833,103
44$1,949,440$1,588,808$1,493,238$1,953,908
45$2,118,196$1,636,572$1,513,175$2,085,256
46$2,303,217$1,685,730$1,532,832$2,228,176
47$2,506,133$1,736,318$1,552,169$2,383,804
48$2,728,738$1,788,377$1,571,146$2,553,386
49$2,973,009$1,841,947$1,589,719$2,738,299
50$3,241,122$1,897,069$1,607,841$2,940,056
51$3,535,477$1,953,785$1,625,464$3,160,324
52$3,858,713$2,012,139$1,642,535$3,400,939
53$4,213,743$2,072,174$1,659,000$3,663,923
54$4,603,770$2,133,937$1,674,803$3,951,504
55$5,032,328$2,197,473$1,689,882$4,266,136
56$5,503,306$2,262,830$1,704,174$4,610,519
57$6,020,991$2,330,056$1,717,611$4,987,631
58$6,590,105$2,399,201$1,730,124$5,400,752
59$7,215,850$2,470,317$1,741,637$5,853,492
60$7,903,958$2,543,453$1,752,073$6,349,831
61$8,660,744$2,618,665$1,761,350$6,894,153
62$9,493,165$2,696,005$1,769,380$7,491,288
63$10,408,888$2,775,529$1,776,074$8,146,557
64$11,416,358$2,857,293$1,781,336$8,865,821
65$12,524,881$2,941,355$1,785,066$9,655,539
66$13,744,712$3,027,775$1,787,159$10,522,828
67$15,087,148$3,116,611$1,787,504$11,475,528
68$16,564,637$3,207,925$1,785,985$12,522,278
69$18,190,895$3,301,779$1,782,481$13,672,596
70$19,981,038$3,398,237$1,776,865$14,936,969
71$21,951,716$3,497,363$1,769,003$16,326,955
72$24,121,282$3,599,224$1,758,755$17,855,286
73$26,509,953$3,703,887$1,745,974$19,535,993
74$29,140,011$3,811,420$1,730,506$21,384,536
75$32,036,004$3,921,892$1,712,191$23,417,951
76$35,224,986$4,035,374$1,690,859$25,655,008
77$38,736,765$4,151,938$1,666,333$28,116,393
78$42,604,189$4,271,657$1,638,429$30,824,898
79$46,863,453$4,394,604$1,606,953$33,805,640
80$51,554,441$4,520,856$1,571,702$37,086,295
81$56,721,104$4,650,488$1,532,464$40,697,361
82$62,411,872$4,783,577$1,489,017$44,672,444
83$68,680,113$4,920,202$1,441,129$49,048,578
84$75,584,634$5,060,442$1,388,556$53,866,573
85$83,190,240$5,204,377$1,331,046$59,171,397
86$91,568,341$5,352,088$1,268,332$65,012,606
87$100,797,628$5,503,656$1,200,138$71,444,808
88$110,964,816$5,659,165$1,126,172$78,528,181
89$122,165,460$5,818,697$1,046,132$86,329,037
90$134,504,861$5,982,337$959,701$94,920,452
91$148,099,054$6,150,169$866,548$104,382,954
92$163,075,907$6,322,277$766,328$114,805,283
93$179,576,328$6,498,747$658,678$126,285,229
94$197,755,593$6,679,665$543,223$138,930,555
95$217,784,811$6,865,116$419,568$152,860,015
96$239,852,540$7,055,185$287,303$168,204,475
97$264,166,569$7,249,959$145,997$185,108,145
98$290,955,874$7,449,523$0$203,729,947
99$320,472,785$7,653,960$0$224,245,779
100$352,995,362$7,863,357$0$246,872,849