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

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$116,436$115,399$114,387$113,400$112,435$109,055
2 years$57,642$56,568$55,528$54,519$53,541$50,163
3 years$38,046$36,968$35,930$34,931$33,968$30,700
4 years$28,250$27,175$26,148$25,166$24,227$21,092
5 years$22,374$21,306$20,292$19,330$18,417$15,425
6 years$18,458$17,398$16,399$15,458$14,572$11,726
7 years$15,662$14,611$13,628$12,709$11,851$9,150
8 years$13,566$12,524$11,557$10,661$9,832$7,274
9 years$11,937$10,904$9,954$9,081$8,280$5,863
10 years$10,634$9,612$8,678$7,828$7,055$4,775
11 years$9,569$8,557$7,640$6,813$6,067$3,921
12 years$8,681$7,680$6,781$5,976$5,258$3,241
13 years$7,931$6,941$6,058$5,276$4,585$2,692
14 years$7,289$6,309$5,443$4,683$4,019$2,246
15 years$6,733$5,763$4,914$4,176$3,539$1,880
16 years$6,247$5,288$4,456$3,740$3,128$1,578
17 years$5,818$4,870$4,054$3,360$2,773$1,328
18 years$5,438$4,500$3,701$3,028$2,466$1,120
19 years$5,098$4,170$3,388$2,736$2,198$945
20 years$4,792$3,875$3,110$2,478$1,963$799
21 years$4,516$3,610$2,860$2,249$1,757$677
22 years$4,265$3,370$2,636$2,045$1,575$573
23 years$4,037$3,151$2,434$1,862$1,414$486
24 years$3,827$2,953$2,251$1,698$1,270$413
25 years$3,635$2,771$2,085$1,551$1,143$350
26 years$3,458$2,604$1,934$1,418$1,030$298
27 years$3,294$2,451$1,796$1,298$928$253
28 years$3,143$2,309$1,669$1,189$838$215
29 years$3,002$2,179$1,553$1,091$756$183
30 years$2,870$2,058$1,447$1,001$684$155
31 years$2,747$1,945$1,349$919$618$132
32 years$2,633$1,840$1,259$845$559$113
33 years$2,525$1,743$1,175$777$506$96
34 years$2,424$1,652$1,098$715$458$82
35 years$2,329$1,567$1,026$658$415$69
36 years$2,239$1,487$960$606$376$59
37 years$2,155$1,412$899$558$341$50
38 years$2,075$1,342$842$515$309$43
39 years$1,999$1,276$789$475$280$36
40 years$1,928$1,214$739$438$254$31
41 years$1,860$1,156$693$404$230$26
42 years$1,795$1,101$650$373$209$23
43 years$1,734$1,049$610$344$190$19
44 years$1,675$1,000$573$318$172$16
45 years$1,620$953$538$293$156$14
46 years$1,566$910$505$271$142$12
47 years$1,516$868$474$250$129$10
48 years$1,467$829$446$231$117$9
49 years$1,421$791$419$214$106$7
50 years$1,377$756$394$198$97$6

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 $5,922 every year, while hoping to spend $49,403 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: 84/5/11 Blend
40$1,410,000$1,410,000$1,410,000$1,410,000
41$1,559,929$1,485,199$1,463,344$1,687,693
42$1,666,477$1,505,409$1,459,801$1,792,367
43$1,782,237$1,524,954$1,454,484$1,900,097
44$1,908,097$1,543,748$1,447,281$2,016,926
45$2,045,033$1,561,702$1,438,075$2,143,742
46$2,194,120$1,578,718$1,426,744$2,281,520
47$2,356,538$1,594,694$1,413,158$2,431,333
48$2,533,590$1,609,519$1,397,184$2,594,365
49$2,726,707$1,623,076$1,378,680$2,771,920
50$2,937,464$1,635,240$1,357,499$2,965,433
51$3,167,597$1,645,878$1,333,487$3,176,485
52$3,419,014$1,654,848$1,306,481$3,406,818
53$3,693,818$1,662,000$1,276,312$3,658,351
54$3,994,323$1,667,174$1,242,804$3,933,198
55$4,323,077$1,670,198$1,205,771$4,233,689
56$4,682,886$1,670,893$1,165,020$4,562,388
57$5,076,839$1,669,066$1,120,347$4,922,123
58$5,508,339$1,664,513$1,071,541$5,316,009
59$5,981,133$1,657,017$1,018,381$5,747,477
60$6,499,346$1,646,348$960,634$6,220,310
61$7,067,523$1,632,263$898,059$6,738,673
62$7,690,670$1,614,503$830,403$7,307,158
63$8,374,298$1,592,794$757,402$7,930,824
64$9,124,481$1,566,845$678,779$8,615,246
65$9,947,907$1,536,349$594,247$9,366,566
66$10,851,943$1,500,980$503,504$10,191,553
67$11,844,705$1,460,392$406,235$11,097,666
68$12,935,133$1,414,220$302,113$12,093,125
69$14,133,077$1,362,077$190,794$13,186,988
70$15,449,386$1,303,553$71,920$14,389,236
71$16,896,012$1,238,216$0$15,710,869
72$18,486,124$1,165,608$0$17,170,457
73$20,234,229$1,085,243$0$18,784,336
74$22,156,311$996,610$0$20,558,824
75$24,269,977$899,167$0$22,510,195
76$26,594,630$792,341$0$24,656,376
77$29,151,645$675,528$0$27,017,122
78$31,964,572$548,088$0$29,614,201
79$35,059,361$409,347$0$32,471,598
80$38,464,602$258,592$0$35,615,740
81$42,211,797$95,068$0$39,075,749
82$46,335,656$0$0$42,883,714
83$50,874,424$0$0$47,079,504
84$55,870,240$0$0$51,703,592
85$61,369,539$0$0$56,793,730
86$67,423,483$0$0$62,397,278
87$74,088,448$0$0$68,566,421
88$81,426,554$0$0$75,358,662
89$89,506,251$0$0$82,837,364
90$98,402,964$0$0$91,072,345
91$108,199,805$0$0$100,140,539
92$118,988,355$0$0$110,126,722
93$130,869,531$0$0$121,124,309
94$143,954,534$0$0$133,236,236
95$158,365,902$0$0$146,575,933
96$174,238,661$0$0$161,268,392
97$191,721,604$0$0$177,451,346
98$210,978,690$0$0$195,276,568
99$232,190,597$0$0$214,911,307
100$255,556,418$0$0$236,539,860