Can I retire at age 41 with 1,390,000?

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$114,785$113,762$112,765$111,791$110,841$108,647
2 years$56,824$55,766$54,740$53,746$52,781$50,581
3 years$37,507$36,444$35,421$34,435$33,487$31,347
4 years$27,850$26,790$25,777$24,809$23,883$21,822
5 years$22,057$21,004$20,004$19,056$18,155$16,178
6 years$18,196$17,151$16,166$15,239$14,366$12,474
7 years$15,440$14,403$13,434$12,529$11,683$9,878
8 years$13,374$12,346$11,393$10,510$9,692$7,973
9 years$11,767$10,750$9,813$8,952$8,162$6,528
10 years$10,483$9,475$8,555$7,717$6,955$5,404
11 years$9,433$8,435$7,532$6,716$5,981$4,512
12 years$8,558$7,571$6,684$5,891$5,183$3,793
13 years$7,819$6,842$5,972$5,201$4,520$3,206
14 years$7,186$6,219$5,366$4,617$3,962$2,723
15 years$6,637$5,681$4,845$4,117$3,489$2,321
16 years$6,158$5,213$4,392$3,687$3,083$1,985
17 years$5,736$4,801$3,997$3,312$2,734$1,702
18 years$5,361$4,436$3,649$2,985$2,431$1,463
19 years$5,025$4,111$3,340$2,697$2,167$1,259
20 years$4,724$3,820$3,065$2,443$1,935$1,086
21 years$4,452$3,559$2,820$2,217$1,732$938
22 years$4,205$3,322$2,599$2,016$1,552$811
23 years$3,979$3,107$2,399$1,836$1,393$702
24 years$3,773$2,911$2,219$1,674$1,252$608
25 years$3,584$2,732$2,055$1,529$1,127$527
26 years$3,409$2,567$1,906$1,398$1,015$457
27 years$3,248$2,416$1,770$1,280$915$397
28 years$3,098$2,277$1,646$1,173$826$344
29 years$2,959$2,148$1,531$1,075$746$299
30 years$2,829$2,028$1,426$987$674$260
31 years$2,709$1,918$1,330$906$609$226
32 years$2,595$1,814$1,241$833$551$197
33 years$2,489$1,718$1,158$766$499$171
34 years$2,390$1,628$1,082$705$452$149
35 years$2,296$1,545$1,012$649$409$129
36 years$2,208$1,466$947$597$371$113
37 years$2,124$1,392$886$551$336$98
38 years$2,046$1,323$830$507$304$85
39 years$1,971$1,258$777$468$276$74
40 years$1,900$1,197$729$432$250$65
41 years$1,833$1,140$683$398$227$56
42 years$1,770$1,085$641$367$206$49
43 years$1,709$1,034$601$339$187$43
44 years$1,652$986$565$313$170$37
45 years$1,597$940$530$289$154$32
46 years$1,544$897$498$267$140$28
47 years$1,494$856$468$247$127$25
48 years$1,447$817$440$228$115$21
49 years$1,401$780$413$211$105$19
50 years$1,357$745$388$195$95$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,390,000, adding $4,468 every year, while hoping to spend $46,875 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: 45/48/7 Blend
40$1,390,000$1,390,000$1,390,000$1,390,000
41$1,536,389$1,462,719$1,441,174$1,602,334
42$1,643,226$1,484,517$1,439,578$1,670,085
43$1,759,389$1,505,813$1,436,359$1,738,293
44$1,885,781$1,526,532$1,431,410$1,811,161
45$2,023,392$1,546,594$1,424,625$1,889,134
46$2,173,316$1,565,915$1,415,888$1,972,701
47$2,336,754$1,584,404$1,405,079$2,062,406
48$2,515,028$1,601,965$1,392,074$2,158,844
49$2,709,593$1,618,493$1,376,741$2,262,678
50$2,922,052$1,633,880$1,358,943$2,374,637
51$3,154,168$1,648,007$1,338,534$2,495,525
52$3,407,883$1,660,750$1,315,365$2,626,231
53$3,685,335$1,671,974$1,289,278$2,767,738
54$3,988,878$1,681,539$1,260,106$2,921,128
55$4,321,102$1,689,293$1,227,679$3,087,600
56$4,684,862$1,695,076$1,191,813$3,268,474
57$5,083,300$1,698,717$1,152,321$3,465,210
58$5,519,877$1,700,034$1,109,004$3,679,418
59$5,998,404$1,698,836$1,061,656$3,912,876
60$6,523,079$1,694,917$1,010,060$4,167,548
61$7,098,526$1,688,061$953,989$4,445,600
62$7,729,836$1,678,036$893,209$4,749,425
63$8,422,619$1,664,599$827,470$5,081,664
64$9,183,052$1,647,490$756,517$5,445,231
65$10,017,941$1,626,435$680,078$5,843,344
66$10,934,783$1,601,142$597,872$6,279,553
67$11,941,835$1,571,303$509,605$6,757,778
68$13,048,195$1,536,590$414,970$7,282,341
69$14,263,886$1,496,657$313,646$7,858,017
70$15,599,947$1,451,138$205,298$8,490,072
71$17,068,542$1,399,644$89,576$9,184,318
72$18,683,073$1,341,766$0$9,947,166
73$20,458,301$1,277,068$0$10,788,225
74$22,410,495$1,205,091$0$11,720,074
75$24,557,573$1,125,348$0$12,744,655
76$26,919,282$1,037,326$0$13,871,503
77$29,517,375$940,482$0$15,111,132
78$32,375,822$834,240$0$16,475,138
79$35,521,032$717,994$0$17,976,313
80$38,982,104$591,103$0$19,628,764
81$42,791,100$452,889$0$21,448,048
82$46,983,348$302,636$0$23,451,326
83$51,597,773$139,589$0$25,657,518
84$56,677,267$0$0$28,087,494
85$62,269,089$0$0$30,783,836
86$68,425,315$0$0$33,833,703
87$75,203,327$0$0$37,191,819
88$82,666,353$0$0$40,889,536
89$90,884,065$0$0$44,961,401
90$99,933,234$0$0$49,445,482
91$109,898,457$0$0$54,383,727
92$120,872,951$0$0$59,822,359
93$132,959,437$0$0$65,812,313
94$146,271,104$0$0$72,409,717
95$160,932,680$0$0$79,676,419
96$177,081,607$0$0$87,680,574
97$194,869,339$0$0$96,497,284
98$214,462,770$0$0$106,209,306
99$236,045,810$0$0$116,907,837
100$259,821,115$0$0$128,693,372