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%19%
1 years$116,436$115,399$114,387$113,400$112,435$108,360
2 years$57,642$56,568$55,528$54,519$53,541$49,479
3 years$38,046$36,968$35,930$34,931$33,968$30,049
4 years$28,250$27,175$26,148$25,166$24,227$20,479
5 years$22,374$21,306$20,292$19,330$18,417$14,851
6 years$18,458$17,398$16,399$15,458$14,572$11,191
7 years$15,662$14,611$13,628$12,709$11,851$8,653
8 years$13,566$12,524$11,557$10,661$9,832$6,814
9 years$11,937$10,904$9,954$9,081$8,280$5,439
10 years$10,634$9,612$8,678$7,828$7,055$4,385
11 years$9,569$8,557$7,640$6,813$6,067$3,564
12 years$8,681$7,680$6,781$5,976$5,258$2,914
13 years$7,931$6,941$6,058$5,276$4,585$2,395
14 years$7,289$6,309$5,443$4,683$4,019$1,976
15 years$6,733$5,763$4,914$4,176$3,539$1,635
16 years$6,247$5,288$4,456$3,740$3,128$1,357
17 years$5,818$4,870$4,054$3,360$2,773$1,128
18 years$5,438$4,500$3,701$3,028$2,466$940
19 years$5,098$4,170$3,388$2,736$2,198$784
20 years$4,792$3,875$3,110$2,478$1,963$655
21 years$4,516$3,610$2,860$2,249$1,757$548
22 years$4,265$3,370$2,636$2,045$1,575$458
23 years$4,037$3,151$2,434$1,862$1,414$384
24 years$3,827$2,953$2,251$1,698$1,270$322
25 years$3,635$2,771$2,085$1,551$1,143$270
26 years$3,458$2,604$1,934$1,418$1,030$226
27 years$3,294$2,451$1,796$1,298$928$190
28 years$3,143$2,309$1,669$1,189$838$159
29 years$3,002$2,179$1,553$1,091$756$134
30 years$2,870$2,058$1,447$1,001$684$112
31 years$2,747$1,945$1,349$919$618$94
32 years$2,633$1,840$1,259$845$559$79
33 years$2,525$1,743$1,175$777$506$66
34 years$2,424$1,652$1,098$715$458$56
35 years$2,329$1,567$1,026$658$415$47
36 years$2,239$1,487$960$606$376$39
37 years$2,155$1,412$899$558$341$33
38 years$2,075$1,342$842$515$309$28
39 years$1,999$1,276$789$475$280$23
40 years$1,928$1,214$739$438$254$20
41 years$1,860$1,156$693$404$230$16
42 years$1,795$1,101$650$373$209$14
43 years$1,734$1,049$610$344$190$12
44 years$1,675$1,000$573$318$172$10
45 years$1,620$953$538$293$156$8
46 years$1,566$910$505$271$142$7
47 years$1,516$868$474$250$129$6
48 years$1,467$829$446$231$117$5
49 years$1,421$791$419$214$106$4
50 years$1,377$756$394$198$97$3

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 $6,119 every year, while hoping to spend $24,438 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: 76/8/16 Blend
40$1,410,000$1,410,000$1,410,000$1,410,000
41$1,560,132$1,485,402$1,463,547$1,672,761
42$1,693,263$1,532,185$1,486,574$1,794,800
43$1,839,155$1,580,441$1,509,553$1,924,908
44$1,999,083$1,630,217$1,532,457$2,066,889
45$2,174,453$1,681,560$1,555,257$2,221,918
46$2,366,811$1,734,520$1,577,922$2,391,293
47$2,577,862$1,789,148$1,600,419$2,576,437
48$2,809,484$1,845,497$1,622,714$2,778,924
49$3,063,745$1,903,620$1,644,768$3,000,483
50$3,342,923$1,963,573$1,666,544$3,243,020
51$3,649,527$2,025,414$1,687,999$3,508,636
52$3,986,323$2,089,203$1,709,091$3,799,644
53$4,356,354$2,155,001$1,729,772$4,118,591
54$4,762,977$2,222,870$1,749,994$4,468,285
55$5,209,886$2,292,877$1,769,705$4,851,818
56$5,701,155$2,365,088$1,788,850$5,272,598
57$6,241,269$2,439,574$1,807,372$5,734,378
58$6,835,170$2,516,404$1,825,211$6,241,292
59$7,488,304$2,595,655$1,842,302$6,797,899
60$8,206,670$2,677,400$1,858,578$7,409,216
61$8,996,877$2,761,720$1,873,968$8,080,776
62$9,866,210$2,848,696$1,888,397$8,818,672
63$10,822,691$2,938,410$1,901,786$9,629,620
64$11,875,162$3,030,948$1,914,052$10,521,016
65$13,033,365$3,126,401$1,925,110$11,501,014
66$14,308,034$3,224,860$1,934,866$12,578,595
67$15,710,994$3,326,419$1,943,224$13,763,657
68$17,255,277$3,431,176$1,950,085$15,067,105
69$18,955,244$3,539,231$1,955,340$16,500,957
70$20,826,714$3,650,689$1,958,880$18,078,454
71$22,887,122$3,765,656$1,960,586$19,814,187
72$25,155,679$3,884,244$1,960,336$21,724,234
73$27,653,552$4,006,565$1,958,001$23,826,312
74$30,404,066$4,132,738$1,953,445$26,139,943
75$33,432,922$4,262,884$1,946,527$28,686,640
76$36,768,442$4,397,128$1,937,098$31,490,110
77$40,441,835$4,535,598$1,925,002$34,576,474
78$44,487,488$4,678,429$1,910,076$37,974,518
79$48,943,296$4,825,756$1,892,148$41,715,963
80$53,851,017$4,977,723$1,871,039$45,835,763
81$59,256,663$5,134,474$1,846,561$50,372,438
82$65,210,940$5,296,160$1,818,518$55,368,434
83$71,769,721$5,462,937$1,786,704$60,870,525
84$78,994,576$5,634,965$1,750,903$66,930,256
85$86,953,354$5,812,409$1,710,889$73,604,428
86$95,720,819$5,995,440$1,666,426$80,955,632
87$105,379,359$6,184,234$1,617,269$89,052,846
88$116,019,764$6,378,971$1,563,157$97,972,079
89$127,742,079$6,579,839$1,503,821$107,797,093
90$140,656,551$6,787,032$1,438,980$118,620,193
91$154,884,670$7,000,747$1,368,336$130,543,095
92$170,560,313$7,221,190$1,291,582$143,677,893
93$187,831,010$7,448,574$1,208,396$158,148,109
94$206,859,335$7,683,116$1,118,439$174,089,865
95$227,824,441$7,925,042$1,021,360$191,653,166
96$250,923,748$8,174,584$916,790$211,003,316
97$276,374,814$8,431,982$804,346$232,322,479
98$304,417,379$8,697,483$683,626$255,811,398
99$335,315,634$8,971,342$554,209$281,691,290
100$369,360,713$9,253,822$415,660$310,205,936