Can I retire at age 41 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$116,436$115,399$114,387$113,400$112,435$109,762
2 years$57,642$56,568$55,528$54,519$53,541$50,863
3 years$38,046$36,968$35,930$34,931$33,968$31,370
4 years$28,250$27,175$26,148$25,166$24,227$21,727
5 years$22,374$21,306$20,292$19,330$18,417$16,024
6 years$18,458$17,398$16,399$15,458$14,572$12,288
7 years$15,662$14,611$13,628$12,709$11,851$9,676
8 years$13,566$12,524$11,557$10,661$9,832$7,765
9 years$11,937$10,904$9,954$9,081$8,280$6,319
10 years$10,634$9,612$8,678$7,828$7,055$5,199
11 years$9,569$8,557$7,640$6,813$6,067$4,313
12 years$8,681$7,680$6,781$5,976$5,258$3,602
13 years$7,931$6,941$6,058$5,276$4,585$3,025
14 years$7,289$6,309$5,443$4,683$4,019$2,552
15 years$6,733$5,763$4,914$4,176$3,539$2,160
16 years$6,247$5,288$4,456$3,740$3,128$1,834
17 years$5,818$4,870$4,054$3,360$2,773$1,561
18 years$5,438$4,500$3,701$3,028$2,466$1,332
19 years$5,098$4,170$3,388$2,736$2,198$1,138
20 years$4,792$3,875$3,110$2,478$1,963$974
21 years$4,516$3,610$2,860$2,249$1,757$835
22 years$4,265$3,370$2,636$2,045$1,575$716
23 years$4,037$3,151$2,434$1,862$1,414$615
24 years$3,827$2,953$2,251$1,698$1,270$529
25 years$3,635$2,771$2,085$1,551$1,143$455
26 years$3,458$2,604$1,934$1,418$1,030$391
27 years$3,294$2,451$1,796$1,298$928$337
28 years$3,143$2,309$1,669$1,189$838$290
29 years$3,002$2,179$1,553$1,091$756$250
30 years$2,870$2,058$1,447$1,001$684$215
31 years$2,747$1,945$1,349$919$618$186
32 years$2,633$1,840$1,259$845$559$160
33 years$2,525$1,743$1,175$777$506$138
34 years$2,424$1,652$1,098$715$458$119
35 years$2,329$1,567$1,026$658$415$103
36 years$2,239$1,487$960$606$376$89
37 years$2,155$1,412$899$558$341$77
38 years$2,075$1,342$842$515$309$66
39 years$1,999$1,276$789$475$280$57
40 years$1,928$1,214$739$438$254$49
41 years$1,860$1,156$693$404$230$42
42 years$1,795$1,101$650$373$209$37
43 years$1,734$1,049$610$344$190$32
44 years$1,675$1,000$573$318$172$27
45 years$1,620$953$538$293$156$24
46 years$1,566$910$505$271$142$20
47 years$1,516$868$474$250$129$18
48 years$1,467$829$446$231$117$15
49 years$1,421$791$419$214$106$13
50 years$1,377$756$394$198$97$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,410,000, adding $5,579 every year, while hoping to spend $54,128 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: 50/26/24 Blend
40$1,410,000$1,410,000$1,410,000$1,410,000
41$1,559,575$1,484,845$1,462,990$1,626,769
42$1,661,060$1,500,010$1,454,408$1,689,242
43$1,771,082$1,514,105$1,443,725$1,751,189
44$1,890,455$1,527,019$1,430,812$1,817,417
45$2,020,074$1,538,635$1,415,537$1,888,355
46$2,160,923$1,548,830$1,397,759$1,964,477
47$2,314,085$1,557,471$1,377,332$2,046,306
48$2,480,751$1,564,416$1,354,102$2,134,423
49$2,662,232$1,569,516$1,327,909$2,229,470
50$2,859,969$1,572,613$1,298,584$2,332,156
51$3,075,551$1,573,536$1,265,951$2,443,267
52$3,310,725$1,572,106$1,229,828$2,563,669
53$3,567,412$1,568,133$1,190,020$2,694,323
54$3,847,729$1,561,412$1,146,327$2,836,291
55$4,154,007$1,551,731$1,098,538$2,990,745
56$4,488,809$1,538,860$1,046,434$3,158,982
57$4,854,962$1,522,558$989,783$3,342,435
58$5,255,573$1,502,568$928,346$3,542,688
59$5,694,067$1,478,619$861,870$3,761,492
60$6,174,213$1,450,423$790,095$4,000,779
61$6,700,164$1,417,675$712,744$4,262,688
62$7,276,492$1,380,052$629,532$4,549,578
63$7,908,231$1,337,213$540,159$4,864,057
64$8,600,929$1,288,794$444,312$5,209,004
65$9,360,693$1,234,414$341,666$5,587,599
66$10,194,250$1,173,667$231,878$6,003,355
67$11,109,012$1,106,124$114,594$6,460,150
68$12,113,139$1,031,333$0$6,962,266
69$13,215,625$948,814$0$7,517,137
70$14,426,373$858,060$0$8,158,768
71$15,756,294$758,536$0$8,863,648
72$17,217,408$649,676$0$9,638,245
73$18,822,955$530,882$0$10,489,691
74$20,587,523$401,522$0$11,425,850
75$22,527,183$260,929$0$12,455,395
76$24,659,640$108,399$0$13,587,888
77$27,004,400$0$0$14,833,873
78$29,582,954$0$0$16,221,231
79$32,418,980$0$0$17,781,394
80$35,538,565$0$0$19,497,719
81$38,970,453$0$0$21,386,042
82$42,746,313$0$0$23,463,810
83$46,901,037$0$0$25,750,247
84$51,473,074$0$0$28,266,534
85$56,504,784$0$0$31,036,010
86$62,042,845$0$0$34,084,390
87$68,138,686$0$0$37,440,011
88$74,848,979$0$0$41,134,094
89$82,236,167$0$0$45,201,042
90$90,369,054$0$0$49,678,763
91$99,323,457$0$0$54,609,030
92$109,182,917$0$0$60,037,869
93$120,039,489$0$0$66,016,000
94$131,994,608$0$0$72,599,309
95$145,160,049$0$0$79,849,381
96$159,658,977$0$0$87,834,075
97$175,627,113$0$0$96,628,171
98$193,214,011$0$0$106,314,067
99$212,584,470$0$0$116,982,564
100$233,920,089$0$0$128,733,718