Can I retire at age 41 with 1,440,000?

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 $1,440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$118,914$117,855$116,821$115,813$114,828$112,740
2 years$58,868$57,772$56,709$55,679$54,680$52,584
3 years$38,856$37,755$36,695$35,674$34,691$32,652
4 years$28,851$27,754$26,704$25,701$24,742$22,776
5 years$22,850$21,759$20,724$19,741$18,808$16,921
6 years$18,851$17,768$16,748$15,787$14,883$13,076
7 years$15,995$14,922$13,917$12,979$12,103$10,378
8 years$13,855$12,791$11,803$10,888$10,041$8,396
9 years$12,191$11,136$10,166$9,274$8,456$6,890
10 years$10,860$9,816$8,863$7,994$7,205$5,718
11 years$9,772$8,739$7,803$6,958$6,196$4,786
12 years$8,866$7,843$6,925$6,103$5,370$4,034
13 years$8,100$7,088$6,187$5,388$4,683$3,419
14 years$7,444$6,443$5,559$4,783$4,105$2,911
15 years$6,876$5,886$5,019$4,265$3,614$2,489
16 years$6,380$5,400$4,550$3,819$3,194$2,134
17 years$5,942$4,973$4,141$3,431$2,832$1,835
18 years$5,554$4,596$3,780$3,092$2,518$1,582
19 years$5,206$4,259$3,460$2,794$2,245$1,366
20 years$4,894$3,958$3,176$2,531$2,005$1,181
21 years$4,612$3,687$2,921$2,297$1,794$1,023
22 years$4,356$3,441$2,692$2,088$1,608$888
23 years$4,123$3,218$2,486$1,902$1,444$771
24 years$3,909$3,016$2,299$1,735$1,298$670
25 years$3,713$2,830$2,129$1,584$1,168$582
26 years$3,532$2,660$1,975$1,448$1,052$507
27 years$3,364$2,503$1,834$1,326$948$441
28 years$3,209$2,359$1,705$1,215$856$384
29 years$3,065$2,225$1,586$1,114$773$335
30 years$2,931$2,101$1,478$1,022$698$292
31 years$2,806$1,986$1,378$939$631$255
32 years$2,689$1,880$1,285$863$571$222
33 years$2,579$1,780$1,200$794$517$194
34 years$2,476$1,687$1,121$730$468$169
35 years$2,379$1,600$1,048$672$424$148
36 years$2,287$1,519$981$619$384$129
37 years$2,201$1,442$918$570$348$113
38 years$2,119$1,371$860$526$315$98
39 years$2,042$1,304$805$485$286$86
40 years$1,969$1,240$755$447$259$75
41 years$1,899$1,181$708$412$235$66
42 years$1,833$1,124$664$381$214$57
43 years$1,771$1,071$623$351$194$50
44 years$1,711$1,021$585$324$176$44
45 years$1,654$974$549$300$160$38
46 years$1,600$929$516$277$145$33
47 years$1,548$886$485$256$132$29
48 years$1,499$846$455$236$120$26
49 years$1,451$808$428$218$109$22
50 years$1,406$772$402$202$99$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,440,000, adding $3,403 every year, while hoping to spend $49,106 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: 53/26/21 Blend
40$1,440,000$1,440,000$1,440,000$1,440,000
41$1,590,390$1,514,070$1,491,750$1,665,334
42$1,700,362$1,536,011$1,489,475$1,739,171
43$1,819,904$1,557,382$1,485,479$1,814,074
44$1,949,943$1,578,101$1,479,650$1,894,535
45$2,091,494$1,598,085$1,471,876$1,981,102
46$2,245,677$1,617,242$1,462,034$2,074,376
47$2,413,723$1,635,474$1,450,000$2,175,024
48$2,596,988$1,652,678$1,435,640$2,283,779
49$2,796,964$1,668,743$1,418,817$2,401,454
50$3,015,293$1,683,549$1,399,386$2,528,943
51$3,253,782$1,696,972$1,377,194$2,667,235
52$3,514,421$1,708,877$1,352,083$2,817,422
53$3,799,401$1,719,121$1,323,887$2,980,707
54$4,111,133$1,727,552$1,292,431$3,158,421
55$4,452,275$1,734,008$1,257,534$3,352,031
56$4,825,750$1,738,317$1,219,004$3,563,158
57$5,234,779$1,740,297$1,176,643$3,793,589
58$5,682,908$1,739,753$1,130,242$4,045,298
59$6,174,043$1,736,479$1,079,583$4,320,462
60$6,712,485$1,730,256$1,024,439$4,621,485
61$7,302,972$1,720,853$964,572$4,951,019
62$7,950,722$1,708,021$899,731$5,311,991
63$8,661,482$1,691,500$829,659$5,707,629
64$9,441,583$1,671,013$754,082$6,141,497
65$10,297,998$1,646,267$672,717$6,617,527
66$11,238,408$1,616,948$585,268$7,140,055
67$12,271,276$1,582,729$491,425$7,713,868
68$13,405,922$1,543,259$390,864$8,344,243
69$14,652,617$1,498,169$283,248$9,037,005
70$16,022,672$1,447,067$168,225$9,798,579
71$17,528,550$1,389,539$45,426$10,636,050
72$19,183,982$1,325,147$0$11,557,235
73$21,004,095$1,253,426$0$12,589,943
74$23,005,555$1,173,887$0$13,736,605
75$25,206,724$1,086,009$0$14,997,617
76$27,627,832$989,246$0$16,384,642
77$30,291,169$883,017$0$17,910,541
78$33,221,293$766,709$0$19,589,490
79$36,445,263$639,676$0$21,437,115
80$39,992,893$501,234$0$23,470,642
81$43,897,033$350,659$0$25,709,061
82$48,193,879$187,190$0$28,173,302
83$52,923,312$10,020$0$30,886,438
84$58,129,278$0$0$33,873,904
85$63,860,197$0$0$37,215,720
86$70,169,425$0$0$40,898,090
87$77,115,752$0$0$44,952,482
88$84,763,960$0$0$49,416,730
89$93,185,430$0$0$54,332,523
90$102,458,820$0$0$59,745,798
91$112,670,802$0$0$65,707,175
92$123,916,884$0$0$72,272,433
93$136,302,307$0$0$79,503,035
94$149,943,038$0$0$87,466,712
95$164,966,868$0$0$96,238,096
96$181,514,613$0$0$105,899,429
97$199,741,442$0$0$116,541,337
98$219,818,347$0$0$128,263,685
99$241,933,750$0$0$141,176,520
100$266,295,282$0$0$155,401,106