Can I retire at age 41 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$118,088$117,036$116,010$115,008$114,030$111,500
2 years$58,459$57,371$56,316$55,292$54,300$51,764
3 years$38,586$37,492$36,440$35,426$34,450$31,988
4 years$28,651$27,561$26,519$25,523$24,570$22,200
5 years$22,692$21,608$20,580$19,604$18,678$16,407
6 years$18,720$17,645$16,631$15,677$14,779$12,609
7 years$15,884$14,818$13,821$12,889$12,019$9,952
8 years$13,758$12,702$11,721$10,812$9,971$8,004
9 years$12,106$11,059$10,095$9,210$8,397$6,530
10 years$10,785$9,748$8,801$7,939$7,155$5,385
11 years$9,704$8,678$7,749$6,909$6,153$4,479
12 years$8,805$7,789$6,877$6,060$5,332$3,751
13 years$8,044$7,039$6,144$5,350$4,650$3,158
14 years$7,393$6,398$5,520$4,749$4,076$2,671
15 years$6,828$5,845$4,984$4,236$3,589$2,268
16 years$6,335$5,363$4,519$3,793$3,172$1,931
17 years$5,901$4,939$4,112$3,408$2,812$1,649
18 years$5,515$4,564$3,754$3,071$2,501$1,411
19 years$5,170$4,230$3,436$2,775$2,229$1,209
20 years$4,860$3,930$3,154$2,513$1,991$1,038
21 years$4,580$3,661$2,901$2,281$1,782$892
22 years$4,326$3,417$2,674$2,074$1,597$768
23 years$4,094$3,196$2,469$1,889$1,434$661
24 years$3,882$2,995$2,283$1,723$1,289$570
25 years$3,687$2,810$2,114$1,573$1,159$492
26 years$3,507$2,641$1,961$1,438$1,044$425
27 years$3,341$2,486$1,821$1,317$942$367
28 years$3,187$2,342$1,693$1,206$850$317
29 years$3,044$2,210$1,575$1,106$767$274
30 years$2,911$2,087$1,467$1,015$693$237
31 years$2,786$1,973$1,368$932$627$205
32 years$2,670$1,867$1,276$857$567$177
33 years$2,561$1,768$1,192$788$513$153
34 years$2,458$1,675$1,114$725$465$133
35 years$2,362$1,589$1,041$667$421$115
36 years$2,271$1,508$974$615$381$100
37 years$2,185$1,432$912$566$346$86
38 years$2,104$1,361$854$522$313$75
39 years$2,028$1,295$800$481$284$65
40 years$1,955$1,232$750$444$258$56
41 years$1,886$1,172$703$410$234$48
42 years$1,821$1,117$659$378$212$42
43 years$1,758$1,064$619$349$192$36
44 years$1,699$1,014$581$322$175$32
45 years$1,643$967$545$298$159$27
46 years$1,589$922$512$275$144$24
47 years$1,537$880$481$254$131$20
48 years$1,488$840$452$235$119$18
49 years$1,441$803$425$217$108$15
50 years$1,396$767$400$200$98$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,430,000, adding $2,658 every year, while hoping to spend $26,876 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: 51/24/25 Blend
40$1,430,000$1,430,000$1,430,000$1,430,000
41$1,578,602$1,502,812$1,480,647$1,647,918
42$1,711,023$1,547,854$1,501,653$1,741,370
43$1,856,051$1,594,202$1,522,461$1,839,988
44$2,014,942$1,641,892$1,543,038$1,946,678
45$2,189,082$1,690,960$1,563,346$2,062,218
46$2,379,996$1,741,445$1,583,345$2,187,464
47$2,589,363$1,793,383$1,602,994$2,323,359
48$2,819,034$1,846,814$1,622,250$2,470,942
49$3,071,046$1,901,779$1,641,066$2,631,355
50$3,347,644$1,958,318$1,659,393$2,805,859
51$3,651,301$2,016,472$1,677,180$2,995,840
52$3,984,739$2,076,285$1,694,372$3,202,826
53$4,350,961$2,137,801$1,710,911$3,428,499
54$4,753,270$2,201,065$1,726,738$3,674,712
55$5,195,307$2,266,121$1,741,787$3,943,507
56$5,681,084$2,333,017$1,755,993$4,237,133
57$6,215,020$2,401,800$1,769,284$4,558,067
58$6,801,984$2,472,519$1,781,586$4,909,039
59$7,447,337$2,545,224$1,792,821$5,293,054
60$8,156,991$2,619,965$1,802,906$5,713,426
61$8,937,456$2,696,795$1,811,755$6,173,805
62$9,795,903$2,775,765$1,819,276$6,678,212
63$10,740,238$2,856,930$1,825,374$7,231,078
64$11,779,167$2,940,345$1,829,949$7,837,284
65$12,922,285$3,026,064$1,832,895$8,502,209
66$14,180,162$3,114,146$1,834,101$9,231,781
67$15,564,447$3,204,647$1,833,452$10,032,531
68$17,087,973$3,297,627$1,830,825$10,911,654
69$18,764,881$3,393,146$1,826,092$11,877,080
70$20,610,753$3,491,264$1,819,120$12,937,548
71$22,642,757$3,592,043$1,809,768$14,102,686
72$24,879,811$3,695,546$1,797,888$15,383,103
73$27,342,761$3,801,837$1,783,326$16,790,492
74$30,054,575$3,910,980$1,765,921$18,337,737
75$33,040,565$4,023,041$1,745,502$20,039,035
76$36,328,619$4,138,086$1,721,893$21,910,032
77$39,949,469$4,256,183$1,694,907$23,967,968
78$43,936,978$4,377,399$1,664,350$26,231,843
79$48,328,462$4,501,804$1,630,018$28,722,593
80$53,165,040$4,629,467$1,591,698$31,463,291
81$58,492,022$4,760,459$1,549,168$34,479,362
82$64,359,336$4,894,850$1,502,193$37,798,825
83$70,822,002$5,032,711$1,450,530$41,452,557
84$77,940,648$5,174,115$1,393,924$45,474,584
85$85,782,081$5,319,134$1,332,108$49,902,404
86$94,419,923$5,467,841$1,264,803$54,777,339
87$103,935,299$5,620,309$1,191,717$60,144,926
88$114,417,606$5,776,610$1,112,547$66,055,350
89$125,965,357$5,936,819$1,026,972$72,563,911
90$138,687,108$6,101,009$934,661$79,731,555
91$152,702,488$6,269,252$835,266$87,625,442
92$168,143,318$6,441,623$728,424$96,319,585
93$185,154,866$6,618,192$613,757$105,895,548
94$203,897,212$6,799,033$490,866$116,443,214
95$224,546,758$6,984,216$359,341$128,061,636
96$247,297,896$7,173,811$218,748$140,859,975
97$272,364,843$7,367,890$68,638$154,958,524
98$299,983,660$7,566,519$0$170,489,850
99$330,414,480$7,769,765$0$187,624,467
100$363,943,967$7,977,693$0$206,520,075