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%12.9%
1 years$114,785$113,762$112,765$111,791$110,841$109,501
2 years$56,824$55,766$54,740$53,746$52,781$51,433
3 years$37,507$36,444$35,421$34,435$33,487$32,172
4 years$27,850$26,790$25,777$24,809$23,883$22,611
5 years$22,057$21,004$20,004$19,056$18,155$16,931
6 years$18,196$17,151$16,166$15,239$14,366$13,190
7 years$15,440$14,403$13,434$12,529$11,683$10,557
8 years$13,374$12,346$11,393$10,510$9,692$8,615
9 years$11,767$10,750$9,813$8,952$8,162$7,133
10 years$10,483$9,475$8,555$7,717$6,955$5,974
11 years$9,433$8,435$7,532$6,716$5,981$5,047
12 years$8,558$7,571$6,684$5,891$5,183$4,295
13 years$7,819$6,842$5,972$5,201$4,520$3,677
14 years$7,186$6,219$5,366$4,617$3,962$3,163
15 years$6,637$5,681$4,845$4,117$3,489$2,731
16 years$6,158$5,213$4,392$3,687$3,083$2,367
17 years$5,736$4,801$3,997$3,312$2,734$2,057
18 years$5,361$4,436$3,649$2,985$2,431$1,792
19 years$5,025$4,111$3,340$2,697$2,167$1,565
20 years$4,724$3,820$3,065$2,443$1,935$1,369
21 years$4,452$3,559$2,820$2,217$1,732$1,199
22 years$4,205$3,322$2,599$2,016$1,552$1,052
23 years$3,979$3,107$2,399$1,836$1,393$924
24 years$3,773$2,911$2,219$1,674$1,252$812
25 years$3,584$2,732$2,055$1,529$1,127$715
26 years$3,409$2,567$1,906$1,398$1,015$629
27 years$3,248$2,416$1,770$1,280$915$555
28 years$3,098$2,277$1,646$1,173$826$489
29 years$2,959$2,148$1,531$1,075$746$431
30 years$2,829$2,028$1,426$987$674$381
31 years$2,709$1,918$1,330$906$609$336
32 years$2,595$1,814$1,241$833$551$297
33 years$2,489$1,718$1,158$766$499$262
34 years$2,390$1,628$1,082$705$452$232
35 years$2,296$1,545$1,012$649$409$205
36 years$2,208$1,466$947$597$371$181
37 years$2,124$1,392$886$551$336$160
38 years$2,046$1,323$830$507$304$142
39 years$1,971$1,258$777$468$276$126
40 years$1,900$1,197$729$432$250$111
41 years$1,833$1,140$683$398$227$98
42 years$1,770$1,085$641$367$206$87
43 years$1,709$1,034$601$339$187$77
44 years$1,652$986$565$313$170$68
45 years$1,597$940$530$289$154$60
46 years$1,544$897$498$267$140$53
47 years$1,494$856$468$247$127$47
48 years$1,447$817$440$228$115$42
49 years$1,401$780$413$211$105$37
50 years$1,357$745$388$195$95$33

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 $4,989 every year, while hoping to spend $59,596 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: 67/8/25 Blend
40$1,390,000$1,390,000$1,390,000$1,390,000
41$1,536,926$1,463,256$1,441,711$1,629,658
42$1,630,283$1,471,546$1,426,599$1,700,906
43$1,731,165$1,478,245$1,408,983$1,771,562
44$1,840,276$1,483,211$1,388,716$1,847,470
45$1,958,392$1,486,296$1,365,646$1,929,149
46$2,086,363$1,487,340$1,339,610$2,017,173
47$2,225,126$1,486,173$1,310,441$2,112,175
48$2,375,710$1,482,617$1,277,962$2,214,855
49$2,539,248$1,476,481$1,241,990$2,325,987
50$2,716,985$1,467,563$1,202,330$2,446,422
51$2,910,292$1,455,647$1,158,782$2,577,102
52$3,120,675$1,440,507$1,111,135$2,719,068
53$3,349,794$1,421,902$1,059,168$2,873,467
54$3,599,473$1,399,576$1,002,650$3,041,565
55$3,871,722$1,373,257$941,341$3,224,762
56$4,168,750$1,342,660$874,989$3,424,600
57$4,492,992$1,307,480$803,331$3,642,782
58$4,847,127$1,267,395$726,092$3,881,189
59$5,234,102$1,222,066$642,984$4,141,896
60$5,657,164$1,171,131$553,708$4,427,192
61$6,119,889$1,114,210$457,951$4,739,603
62$6,626,210$1,050,899$355,385$5,081,918
63$7,180,462$980,772$245,669$5,457,211
64$7,787,417$903,378$128,447$5,868,876
65$8,452,330$818,239$3,346$6,320,659
66$9,180,987$724,853$0$6,816,688
67$9,979,763$622,685$0$7,396,242
68$10,855,677$511,175$0$8,032,835
69$11,816,460$389,727$0$8,731,233
70$12,870,629$257,713$0$9,497,669
71$14,027,563$114,471$0$10,339,013
72$15,297,594$0$0$11,262,833
73$16,692,103$0$0$12,281,053
74$18,223,629$0$0$13,410,472
75$19,905,982$0$0$14,651,211
76$21,754,376$0$0$16,014,500
77$23,785,573$0$0$17,512,713
78$26,018,038$0$0$19,159,484
79$28,472,114$0$0$20,969,830
80$31,170,213$0$0$22,960,298
81$34,137,027$0$0$25,149,117
82$37,399,761$0$0$27,556,373
83$40,988,388$0$0$30,204,192
84$44,935,931$0$0$33,116,957
85$49,278,776$0$0$36,321,531
86$54,057,011$0$0$39,847,509
87$59,314,808$0$0$43,727,505
88$65,100,835$0$0$47,997,451
89$71,468,719$0$0$52,696,937
90$78,477,546$0$0$57,869,590
91$86,192,423$0$0$63,563,476
92$94,685,087$0$0$69,831,561
93$104,034,586$0$0$76,732,205
94$114,328,020$0$0$84,329,717
95$125,661,363$0$0$92,694,957
96$138,140,373$0$0$101,906,004
97$151,881,580$0$0$112,048,897
98$167,013,393$0$0$123,218,443
99$183,677,308$0$0$135,519,110
100$202,029,242$0$0$149,066,015