Can I retire at age 41 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$115,611$114,581$113,576$112,596$111,638$107,336
2 years$57,233$56,167$55,134$54,132$53,161$48,878
3 years$37,776$36,706$35,675$34,683$33,727$29,598
4 years$28,050$26,983$25,963$24,987$24,055$20,111
5 years$22,216$21,155$20,148$19,193$18,286$14,538
6 years$18,327$17,274$16,283$15,349$14,469$10,919
7 years$15,551$14,507$13,531$12,619$11,767$8,414
8 years$13,470$12,435$11,475$10,586$9,762$6,602
9 years$11,852$10,827$9,884$9,017$8,221$5,250
10 years$10,558$9,544$8,617$7,772$7,005$4,217
11 years$9,501$8,496$7,586$6,764$6,024$3,414
12 years$8,620$7,626$6,732$5,933$5,221$2,781
13 years$7,875$6,891$6,015$5,238$4,552$2,276
14 years$7,237$6,264$5,405$4,650$3,991$1,870
15 years$6,685$5,722$4,880$4,147$3,514$1,541
16 years$6,203$5,250$4,424$3,713$3,105$1,273
17 years$5,777$4,835$4,026$3,336$2,753$1,054
18 years$5,399$4,468$3,675$3,007$2,448$874
19 years$5,062$4,141$3,364$2,717$2,182$726
20 years$4,758$3,848$3,088$2,460$1,949$603
21 years$4,484$3,584$2,840$2,233$1,744$502
22 years$4,235$3,346$2,617$2,030$1,563$418
23 years$4,008$3,129$2,417$1,849$1,403$349
24 years$3,800$2,932$2,235$1,686$1,261$291
25 years$3,609$2,751$2,070$1,540$1,135$242
26 years$3,434$2,586$1,920$1,408$1,022$202
27 years$3,271$2,434$1,783$1,289$922$169
28 years$3,120$2,293$1,657$1,181$832$141
29 years$2,980$2,163$1,542$1,083$751$118
30 years$2,850$2,043$1,437$994$679$98
31 years$2,728$1,931$1,339$913$614$82
32 years$2,614$1,827$1,250$839$555$69
33 years$2,507$1,731$1,167$771$502$57
34 years$2,407$1,640$1,090$710$455$48
35 years$2,312$1,556$1,019$653$412$40
36 years$2,224$1,477$953$602$373$34
37 years$2,140$1,402$892$554$338$28
38 years$2,060$1,333$836$511$307$23
39 years$1,985$1,267$783$471$278$20
40 years$1,914$1,206$734$435$252$16
41 years$1,847$1,148$688$401$229$14
42 years$1,782$1,093$646$370$208$11
43 years$1,721$1,042$606$342$188$10
44 years$1,663$993$569$315$171$8
45 years$1,608$947$534$291$155$7
46 years$1,555$903$501$269$141$6
47 years$1,505$862$471$249$128$5
48 years$1,457$823$443$230$116$4
49 years$1,411$786$416$212$106$3
50 years$1,367$751$391$196$96$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,400,000, adding $3,992 every year, while hoping to spend $51,127 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: 57/24/19 Blend
40$1,400,000$1,400,000$1,400,000$1,400,000
41$1,546,918$1,472,718$1,451,018$1,627,067
42$1,650,305$1,490,482$1,445,228$1,699,807
43$1,762,523$1,507,404$1,437,531$1,773,176
44$1,884,421$1,523,386$1,427,808$1,851,994
45$2,016,929$1,538,329$1,415,937$1,936,797
46$2,161,072$1,552,124$1,401,787$2,028,177
47$2,317,978$1,564,654$1,385,223$2,126,786
48$2,488,887$1,575,798$1,366,104$2,233,344
49$2,675,165$1,585,423$1,344,280$2,348,648
50$2,878,314$1,593,391$1,319,595$2,473,576
51$3,099,988$1,599,554$1,291,888$2,609,096
52$3,342,008$1,603,753$1,260,987$2,756,281
53$3,606,377$1,605,821$1,226,715$2,916,311
54$3,895,302$1,605,581$1,188,884$3,090,490
55$4,211,210$1,602,842$1,147,299$3,280,259
56$4,556,777$1,597,405$1,101,757$3,487,208
57$4,934,947$1,589,056$1,052,044$3,713,089
58$5,348,961$1,577,569$997,938$3,959,839
59$5,802,390$1,562,705$939,204$4,229,595
60$6,299,166$1,544,209$875,599$4,524,715
61$6,843,618$1,521,813$806,869$4,847,801
62$7,440,515$1,495,230$732,747$5,201,724
63$8,095,109$1,464,158$652,956$5,589,653
64$8,813,186$1,428,277$567,205$6,015,085
65$9,601,116$1,387,248$475,192$6,481,876
66$10,465,918$1,340,711$376,599$6,994,283
67$11,415,323$1,288,287$271,096$7,557,002
68$12,457,846$1,229,573$158,338$8,175,213
69$13,602,868$1,164,145$37,965$8,854,631
70$14,860,725$1,091,551$0$9,601,560
71$16,242,798$1,011,317$0$10,441,301
72$17,761,632$922,940$0$11,372,585
73$19,431,041$825,887$0$12,396,252
74$21,266,248$719,596$0$13,521,721
75$23,284,024$603,475$0$14,759,377
76$25,502,844$476,895$0$16,120,666
77$27,943,065$339,194$0$17,618,208
78$30,627,115$189,672$0$19,265,914
79$33,579,705$27,589$0$21,079,119
80$36,828,060$0$0$23,074,729
81$40,402,179$0$0$25,310,419
82$44,335,115$0$0$27,778,717
83$48,663,285$0$0$30,495,211
84$53,426,818$0$0$33,485,104
85$58,669,926$0$0$36,776,166
86$64,441,330$0$0$40,398,997
87$70,794,709$0$0$44,387,315
88$77,789,214$0$0$48,778,270
89$85,490,023$0$0$53,612,803
90$93,968,953$0$0$58,936,020
91$103,305,140$0$0$64,797,629
92$113,585,786$0$0$71,252,402
93$124,906,979$0$0$78,360,692
94$137,374,600$0$0$86,189,004
95$151,105,323$0$0$94,810,624
96$166,227,712$0$0$104,306,304
97$182,883,439$0$0$114,765,031
98$201,228,615$0$0$126,284,862
99$221,435,269$0$0$138,973,851
100$243,692,963$0$0$152,951,066