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%18.1%
1 years$114,785$113,762$112,765$111,791$110,841$107,207
2 years$56,824$55,766$54,740$53,746$52,781$49,155
3 years$37,507$36,444$35,421$34,435$33,487$29,981
4 years$27,850$26,790$25,777$24,809$23,883$20,526
5 years$22,057$21,004$20,004$19,056$18,155$14,956
6 years$18,196$17,151$16,166$15,239$14,366$11,326
7 years$15,440$14,403$13,434$12,529$11,683$8,803
8 years$13,374$12,346$11,393$10,510$9,692$6,969
9 years$11,767$10,750$9,813$8,952$8,162$5,593
10 years$10,483$9,475$8,555$7,717$6,955$4,535
11 years$9,433$8,435$7,532$6,716$5,981$3,708
12 years$8,558$7,571$6,684$5,891$5,183$3,050
13 years$7,819$6,842$5,972$5,201$4,520$2,522
14 years$7,186$6,219$5,366$4,617$3,962$2,094
15 years$6,637$5,681$4,845$4,117$3,489$1,744
16 years$6,158$5,213$4,392$3,687$3,083$1,457
17 years$5,736$4,801$3,997$3,312$2,734$1,219
18 years$5,361$4,436$3,649$2,985$2,431$1,023
19 years$5,025$4,111$3,340$2,697$2,167$859
20 years$4,724$3,820$3,065$2,443$1,935$722
21 years$4,452$3,559$2,820$2,217$1,732$608
22 years$4,205$3,322$2,599$2,016$1,552$513
23 years$3,979$3,107$2,399$1,836$1,393$432
24 years$3,773$2,911$2,219$1,674$1,252$365
25 years$3,584$2,732$2,055$1,529$1,127$308
26 years$3,409$2,567$1,906$1,398$1,015$260
27 years$3,248$2,416$1,770$1,280$915$220
28 years$3,098$2,277$1,646$1,173$826$186
29 years$2,959$2,148$1,531$1,075$746$157
30 years$2,829$2,028$1,426$987$674$133
31 years$2,709$1,918$1,330$906$609$112
32 years$2,595$1,814$1,241$833$551$95
33 years$2,489$1,718$1,158$766$499$80
34 years$2,390$1,628$1,082$705$452$68
35 years$2,296$1,545$1,012$649$409$58
36 years$2,208$1,466$947$597$371$49
37 years$2,124$1,392$886$551$336$41
38 years$2,046$1,323$830$507$304$35
39 years$1,971$1,258$777$468$276$30
40 years$1,900$1,197$729$432$250$25
41 years$1,833$1,140$683$398$227$21
42 years$1,770$1,085$641$367$206$18
43 years$1,709$1,034$601$339$187$15
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$9
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 $4,335 every year, while hoping to spend $54,421 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: 71/18/11 Blend
40$1,390,000$1,390,000$1,390,000$1,390,000
41$1,536,252$1,462,582$1,441,037$1,641,603
42$1,635,046$1,476,345$1,431,408$1,725,703
43$1,742,093$1,488,958$1,419,632$1,810,657
44$1,858,177$1,500,308$1,405,581$1,902,189
45$1,984,162$1,510,273$1,389,119$2,000,937
46$2,120,995$1,518,725$1,370,103$2,107,602
47$2,269,720$1,525,527$1,348,385$2,222,958
48$2,431,486$1,530,531$1,323,810$2,347,858
49$2,607,554$1,533,584$1,296,214$2,483,244
50$2,799,315$1,534,521$1,265,428$2,630,151
51$3,008,298$1,533,165$1,231,273$2,789,723
52$3,236,186$1,529,332$1,193,562$2,963,221
53$3,484,832$1,522,824$1,152,101$3,152,035
54$3,756,274$1,513,431$1,106,685$3,357,698
55$4,052,757$1,500,932$1,057,102$3,581,900
56$4,376,751$1,485,091$1,003,128$3,826,504
57$4,730,977$1,465,658$944,530$4,093,566
58$5,118,429$1,442,368$881,065$4,385,350
59$5,542,406$1,414,941$812,478$4,704,357
60$6,006,539$1,383,080$738,503$5,053,340
61$6,514,825$1,346,470$658,862$5,435,337
62$7,071,668$1,304,778$573,265$5,853,698
63$7,681,918$1,257,652$481,409$6,312,117
64$8,350,915$1,204,718$382,977$6,814,666
65$9,084,541$1,145,582$277,640$7,365,834
66$9,889,275$1,079,826$165,051$7,970,574
67$10,772,252$1,007,009$44,851$8,634,345
68$11,741,332$926,662$0$9,363,165
69$12,805,173$838,294$0$10,173,463
70$13,973,312$741,382$0$11,069,018
71$15,256,254$635,374$0$12,052,676
72$16,665,573$519,689$0$13,133,383
73$18,214,018$393,710$0$14,320,997
74$19,915,634$256,787$0$15,626,384
75$21,785,893$108,235$0$17,061,521
76$23,841,844$0$0$18,639,610
77$26,102,266$0$0$20,385,631
78$28,587,850$0$0$22,329,227
79$31,321,393$0$0$24,466,794
80$34,328,011$0$0$26,817,982
81$37,635,378$0$0$29,404,442
82$41,273,981$0$0$32,250,028
83$45,277,416$0$0$35,381,023
84$49,682,697$0$0$38,826,387
85$54,530,605$0$0$42,618,028
86$59,866,079$0$0$46,791,104
87$65,738,633$0$0$51,384,354
88$72,202,822$0$0$56,440,462
89$79,318,762$0$0$62,006,463
90$87,152,693$0$0$68,134,182
91$95,777,602$0$0$74,880,725
92$105,273,915$0$0$82,309,016
93$115,730,252$0$0$90,488,393
94$127,244,265$0$0$99,495,257
95$139,923,558$0$0$109,413,798
96$153,886,700$0$0$120,336,786
97$169,264,347$0$0$132,366,447
98$186,200,473$0$0$145,615,425
99$204,853,725$0$0$160,207,849
100$225,398,923$0$0$176,280,499