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

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$114,785$113,762$112,765$111,791$110,841$107,250
2 years$56,824$55,766$54,740$53,746$52,781$49,197
3 years$37,507$36,444$35,421$34,435$33,487$30,022
4 years$27,850$26,790$25,777$24,809$23,883$20,564
5 years$22,057$21,004$20,004$19,056$18,155$14,991
6 years$18,196$17,151$16,166$15,239$14,366$11,359
7 years$15,440$14,403$13,434$12,529$11,683$8,833
8 years$13,374$12,346$11,393$10,510$9,692$6,997
9 years$11,767$10,750$9,813$8,952$8,162$5,619
10 years$10,483$9,475$8,555$7,717$6,955$4,560
11 years$9,433$8,435$7,532$6,716$5,981$3,730
12 years$8,558$7,571$6,684$5,891$5,183$3,070
13 years$7,819$6,842$5,972$5,201$4,520$2,540
14 years$7,186$6,219$5,366$4,617$3,962$2,110
15 years$6,637$5,681$4,845$4,117$3,489$1,759
16 years$6,158$5,213$4,392$3,687$3,083$1,470
17 years$5,736$4,801$3,997$3,312$2,734$1,232
18 years$5,361$4,436$3,649$2,985$2,431$1,034
19 years$5,025$4,111$3,340$2,697$2,167$869
20 years$4,724$3,820$3,065$2,443$1,935$731
21 years$4,452$3,559$2,820$2,217$1,732$616
22 years$4,205$3,322$2,599$2,016$1,552$520
23 years$3,979$3,107$2,399$1,836$1,393$439
24 years$3,773$2,911$2,219$1,674$1,252$370
25 years$3,584$2,732$2,055$1,529$1,127$313
26 years$3,409$2,567$1,906$1,398$1,015$265
27 years$3,248$2,416$1,770$1,280$915$224
28 years$3,098$2,277$1,646$1,173$826$189
29 years$2,959$2,148$1,531$1,075$746$160
30 years$2,829$2,028$1,426$987$674$136
31 years$2,709$1,918$1,330$906$609$115
32 years$2,595$1,814$1,241$833$551$97
33 years$2,489$1,718$1,158$766$499$82
34 years$2,390$1,628$1,082$705$452$70
35 years$2,296$1,545$1,012$649$409$59
36 years$2,208$1,466$947$597$371$50
37 years$2,124$1,392$886$551$336$42
38 years$2,046$1,323$830$507$304$36
39 years$1,971$1,258$777$468$276$30
40 years$1,900$1,197$729$432$250$26
41 years$1,833$1,140$683$398$227$22
42 years$1,770$1,085$641$367$206$18
43 years$1,709$1,034$601$339$187$16
44 years$1,652$986$565$313$170$13
45 years$1,597$940$530$289$154$11
46 years$1,544$897$498$267$140$10
47 years$1,494$856$468$247$127$8
48 years$1,447$817$440$228$115$7
49 years$1,401$780$413$211$105$6
50 years$1,357$745$388$195$95$5

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 $2,637 every year, while hoping to spend $35,291 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: 78/5/17 Blend
40$1,390,000$1,390,000$1,390,000$1,390,000
41$1,534,500$1,460,830$1,439,285$1,648,252
42$1,653,470$1,494,861$1,449,952$1,757,704
43$1,783,391$1,529,377$1,459,793$1,873,023
44$1,925,345$1,564,365$1,468,744$1,998,556
45$2,080,520$1,599,808$1,476,736$2,135,311
46$2,250,224$1,635,690$1,483,698$2,284,401
47$2,435,899$1,671,991$1,489,554$2,447,050
48$2,639,131$1,708,689$1,494,225$2,624,607
49$2,861,669$1,745,761$1,497,628$2,818,559
50$3,105,436$1,783,180$1,499,675$3,030,542
51$3,372,551$1,820,916$1,500,274$3,262,361
52$3,665,348$1,858,938$1,499,331$3,516,004
53$3,986,398$1,897,210$1,496,743$3,793,659
54$4,338,531$1,935,694$1,492,404$4,097,741
55$4,724,866$1,974,348$1,486,204$4,430,907
56$5,148,836$2,013,125$1,478,026$4,796,088
57$5,614,226$2,051,976$1,467,748$5,196,510
58$6,125,202$2,090,848$1,455,242$5,635,731
59$6,686,354$2,129,682$1,440,375$6,117,671
60$7,302,741$2,168,414$1,423,006$6,646,647
61$7,979,931$2,206,978$1,402,988$7,227,420
62$8,724,063$2,245,298$1,380,166$7,865,233
63$9,541,897$2,283,297$1,354,382$8,565,866
64$10,440,881$2,320,890$1,325,464$9,335,687
65$11,429,222$2,357,984$1,293,238$10,181,714
66$12,515,959$2,394,482$1,257,518$11,111,681
67$13,711,054$2,430,279$1,218,112$12,134,109
68$15,025,480$2,465,261$1,174,818$13,258,390
69$16,471,329$2,499,309$1,127,424$14,494,875
70$18,061,921$2,532,292$1,075,709$15,854,969
71$19,811,935$2,564,072$1,019,444$17,351,239
72$21,737,544$2,594,502$958,386$18,997,539
73$23,856,565$2,623,425$892,283$20,809,130
74$26,188,632$2,650,671$820,873$22,802,836
75$28,755,380$2,676,060$743,879$24,997,194
76$31,580,644$2,699,403$661,015$27,412,632
77$34,690,690$2,720,494$571,979$30,071,664
78$38,114,458$2,739,116$476,458$32,999,100
79$41,883,839$2,755,039$374,125$36,222,281
80$46,033,970$2,768,015$264,638$39,771,339
81$50,603,570$2,777,783$147,639$43,679,478
82$55,635,306$2,784,066$22,756$47,983,292
83$61,176,188$2,786,566$0$52,723,108
84$67,278,022$2,784,971$0$57,963,414
85$73,997,892$2,778,946$0$63,738,846
86$81,398,700$2,768,138$0$70,099,323
87$89,549,761$2,752,170$0$77,104,404
88$98,527,455$2,730,644$0$84,819,721
89$108,415,947$2,703,138$0$93,317,598
90$119,307,984$2,669,202$0$102,677,730
91$131,305,768$2,628,362$0$112,987,942
92$144,521,920$2,580,115$0$124,345,011
93$159,080,542$2,523,927$0$136,855,582
94$175,118,391$2,459,233$0$150,637,177
95$192,786,167$2,385,436$0$165,819,298
96$212,249,936$2,301,903$0$182,544,655
97$233,692,697$2,207,963$0$200,970,512
98$257,316,107$2,102,908$0$221,270,167
99$283,342,387$1,985,987$0$243,634,593
100$312,016,419$1,856,410$0$268,274,238