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

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$115,611$114,581$113,576$112,596$111,638$107,549
2 years$57,233$56,167$55,134$54,132$53,161$49,087
3 years$37,776$36,706$35,675$34,683$33,727$29,796
4 years$28,050$26,983$25,963$24,987$24,055$20,296
5 years$22,216$21,155$20,148$19,193$18,286$14,711
6 years$18,327$17,274$16,283$15,349$14,469$11,079
7 years$15,551$14,507$13,531$12,619$11,767$8,562
8 years$13,470$12,435$11,475$10,586$9,762$6,738
9 years$11,852$10,827$9,884$9,017$8,221$5,375
10 years$10,558$9,544$8,617$7,772$7,005$4,331
11 years$9,501$8,496$7,586$6,764$6,024$3,518
12 years$8,620$7,626$6,732$5,933$5,221$2,875
13 years$7,875$6,891$6,015$5,238$4,552$2,361
14 years$7,237$6,264$5,405$4,650$3,991$1,946
15 years$6,685$5,722$4,880$4,147$3,514$1,610
16 years$6,203$5,250$4,424$3,713$3,105$1,335
17 years$5,777$4,835$4,026$3,336$2,753$1,109
18 years$5,399$4,468$3,675$3,007$2,448$923
19 years$5,062$4,141$3,364$2,717$2,182$770
20 years$4,758$3,848$3,088$2,460$1,949$642
21 years$4,484$3,584$2,840$2,233$1,744$537
22 years$4,235$3,346$2,617$2,030$1,563$449
23 years$4,008$3,129$2,417$1,849$1,403$375
24 years$3,800$2,932$2,235$1,686$1,261$314
25 years$3,609$2,751$2,070$1,540$1,135$263
26 years$3,434$2,586$1,920$1,408$1,022$221
27 years$3,271$2,434$1,783$1,289$922$185
28 years$3,120$2,293$1,657$1,181$832$155
29 years$2,980$2,163$1,542$1,083$751$130
30 years$2,850$2,043$1,437$994$679$109
31 years$2,728$1,931$1,339$913$614$91
32 years$2,614$1,827$1,250$839$555$77
33 years$2,507$1,731$1,167$771$502$64
34 years$2,407$1,640$1,090$710$455$54
35 years$2,312$1,556$1,019$653$412$45
36 years$2,224$1,477$953$602$373$38
37 years$2,140$1,402$892$554$338$32
38 years$2,060$1,333$836$511$307$27
39 years$1,985$1,267$783$471$278$23
40 years$1,914$1,206$734$435$252$19
41 years$1,847$1,148$688$401$229$16
42 years$1,782$1,093$646$370$208$13
43 years$1,721$1,042$606$342$188$11
44 years$1,663$993$569$315$171$9
45 years$1,608$947$534$291$155$8
46 years$1,555$903$501$269$141$7
47 years$1,505$862$471$249$128$6
48 years$1,457$823$443$230$116$5
49 years$1,411$786$416$212$106$4
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 $5,669 every year, while hoping to spend $46,307 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: 55/28/17 Blend
40$1,400,000$1,400,000$1,400,000$1,400,000
41$1,548,648$1,474,448$1,452,748$1,626,509
42$1,657,339$1,497,425$1,452,144$1,703,192
43$1,775,566$1,519,977$1,449,969$1,781,208
44$1,904,250$1,542,032$1,446,120$1,865,126
45$2,044,409$1,563,517$1,440,490$1,955,523
46$2,197,161$1,584,352$1,432,969$2,053,033
47$2,363,736$1,604,450$1,423,438$2,158,356
48$2,545,490$1,623,721$1,411,776$2,272,265
49$2,743,914$1,642,067$1,397,854$2,395,613
50$2,960,648$1,659,383$1,381,537$2,529,340
51$3,197,500$1,675,559$1,362,684$2,674,485
52$3,456,459$1,690,475$1,341,149$2,832,193
53$3,739,716$1,704,006$1,316,775$3,003,727
54$4,049,682$1,716,018$1,289,402$3,190,480
55$4,389,012$1,726,366$1,258,860$3,393,992
56$4,760,632$1,734,898$1,224,972$3,615,958
57$5,167,761$1,741,452$1,187,553$3,858,251
58$5,613,945$1,745,857$1,146,409$4,122,935
59$6,103,092$1,747,927$1,101,338$4,412,288
60$6,639,502$1,747,470$1,052,127$4,728,825
61$7,227,913$1,744,278$998,555$5,075,316
62$7,873,544$1,738,132$940,391$5,454,820
63$8,582,144$1,728,799$877,393$5,870,710
64$9,360,045$1,716,032$809,307$6,326,708
65$10,214,220$1,699,569$735,870$6,826,918
66$11,152,355$1,679,131$656,805$7,375,866
67$12,182,911$1,654,426$571,825$7,978,546
68$13,315,215$1,625,139$480,628$8,640,465
69$14,559,538$1,590,942$382,900$9,367,697
70$15,927,196$1,551,483$278,312$10,166,939
71$17,430,656$1,506,392$166,522$11,045,581
72$19,083,654$1,455,276$47,171$12,011,768
73$20,901,323$1,397,721$0$13,074,486
74$22,900,335$1,333,286$0$14,258,189
75$25,099,059$1,261,507$0$15,569,334
76$27,517,733$1,181,892$0$17,011,475
77$30,178,658$1,093,920$0$18,597,976
78$33,106,402$997,043$0$20,343,566
79$36,328,035$890,678$0$22,264,482
80$39,873,385$774,212$0$24,378,621
81$43,775,318$646,996$0$26,705,711
82$48,070,046$508,344$0$29,267,500
83$52,797,470$357,532$0$32,087,957
84$58,001,555$193,795$0$35,193,506
85$63,730,748$16,325$0$38,613,271
86$70,038,429$0$0$42,379,356
87$76,983,419$0$0$46,581,292
88$84,630,531$0$0$51,213,738
89$93,051,185$0$0$56,314,951
90$102,324,079$0$0$61,932,625
91$112,535,930$0$0$68,119,319
92$123,782,296$0$0$74,932,947
93$136,168,475$0$0$82,437,328
94$149,810,495$0$0$90,702,783
95$164,836,216$0$0$99,806,806
96$181,386,529$0$0$109,834,787
97$199,616,691$0$0$120,880,825
98$219,697,784$0$0$133,048,610
99$241,818,335$0$0$146,452,404
100$266,186,090$0$0$161,218,119