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%12%
1 years$118,914$117,855$116,821$115,813$114,828$113,866
2 years$58,868$57,772$56,709$55,679$54,680$53,710
3 years$38,856$37,755$36,695$35,674$34,691$33,744
4 years$28,851$27,754$26,704$25,701$24,742$23,825
5 years$22,850$21,759$20,724$19,741$18,808$17,924
6 years$18,851$17,768$16,748$15,787$14,883$14,031
7 years$15,995$14,922$13,917$12,979$12,103$11,286
8 years$13,855$12,791$11,803$10,888$10,041$9,258
9 years$12,191$11,136$10,166$9,274$8,456$7,706
10 years$10,860$9,816$8,863$7,994$7,205$6,489
11 years$9,772$8,739$7,803$6,958$6,196$5,513
12 years$8,866$7,843$6,925$6,103$5,370$4,718
13 years$8,100$7,088$6,187$5,388$4,683$4,062
14 years$7,444$6,443$5,559$4,783$4,105$3,515
15 years$6,876$5,886$5,019$4,265$3,614$3,054
16 years$6,380$5,400$4,550$3,819$3,194$2,663
17 years$5,942$4,973$4,141$3,431$2,832$2,329
18 years$5,554$4,596$3,780$3,092$2,518$2,042
19 years$5,206$4,259$3,460$2,794$2,245$1,795
20 years$4,894$3,958$3,176$2,531$2,005$1,580
21 years$4,612$3,687$2,921$2,297$1,794$1,394
22 years$4,356$3,441$2,692$2,088$1,608$1,231
23 years$4,123$3,218$2,486$1,902$1,444$1,089
24 years$3,909$3,016$2,299$1,735$1,298$964
25 years$3,713$2,830$2,129$1,584$1,168$854
26 years$3,532$2,660$1,975$1,448$1,052$757
27 years$3,364$2,503$1,834$1,326$948$672
28 years$3,209$2,359$1,705$1,215$856$597
29 years$3,065$2,225$1,586$1,114$773$531
30 years$2,931$2,101$1,478$1,022$698$472
31 years$2,806$1,986$1,378$939$631$420
32 years$2,689$1,880$1,285$863$571$374
33 years$2,579$1,780$1,200$794$517$333
34 years$2,476$1,687$1,121$730$468$296
35 years$2,379$1,600$1,048$672$424$264
36 years$2,287$1,519$981$619$384$235
37 years$2,201$1,442$918$570$348$209
38 years$2,119$1,371$860$526$315$187
39 years$2,042$1,304$805$485$286$166
40 years$1,969$1,240$755$447$259$148
41 years$1,899$1,181$708$412$235$132
42 years$1,833$1,124$664$381$214$118
43 years$1,771$1,071$623$351$194$105
44 years$1,711$1,021$585$324$176$94
45 years$1,654$974$549$300$160$84
46 years$1,600$929$516$277$145$75
47 years$1,548$886$485$256$132$67
48 years$1,499$846$455$236$120$60
49 years$1,451$808$428$218$109$53
50 years$1,406$772$402$202$99$47

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 $5,704 every year, while hoping to spend $39,515 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: 41/50/9 Blend
40$1,440,000$1,440,000$1,440,000$1,440,000
41$1,592,764$1,516,444$1,494,124$1,653,585
42$1,713,182$1,548,706$1,502,133$1,728,982
43$1,844,558$1,581,224$1,509,087$1,806,135
44$1,987,969$1,613,970$1,514,907$1,888,742
45$2,144,599$1,646,911$1,519,513$1,977,315
46$2,315,751$1,680,013$1,522,820$2,072,415
47$2,502,862$1,713,238$1,524,738$2,174,664
48$2,707,511$1,746,544$1,525,175$2,284,745
49$2,931,439$1,779,887$1,524,030$2,403,413
50$3,176,563$1,813,218$1,521,202$2,531,498
51$3,444,992$1,846,485$1,516,581$2,669,916
52$3,739,049$1,879,631$1,510,055$2,819,677
53$4,061,295$1,912,596$1,501,505$2,981,894
54$4,414,547$1,945,313$1,490,805$3,157,794
55$4,801,909$1,977,712$1,477,825$3,348,731
56$5,226,800$2,009,716$1,462,429$3,556,197
57$5,692,986$2,041,244$1,444,472$3,781,836
58$6,204,613$2,072,207$1,423,805$4,027,464
59$6,766,251$2,102,513$1,400,270$4,295,081
60$7,382,933$2,132,060$1,373,703$4,586,892
61$8,060,201$2,160,741$1,343,931$4,905,329
62$8,804,163$2,188,439$1,310,775$5,253,075
63$9,621,547$2,215,031$1,274,045$5,633,088
64$10,519,764$2,240,387$1,233,544$6,048,628
65$11,506,979$2,264,365$1,189,067$6,503,293
66$12,592,187$2,286,815$1,140,397$7,001,047
67$13,785,299$2,307,577$1,087,309$7,546,264
68$15,097,232$2,326,481$1,029,566$8,143,765
69$16,540,016$2,343,345$966,923$8,798,867
70$18,126,904$2,357,976$899,121$9,517,435
71$19,872,499$2,370,167$825,892$10,305,931
72$21,792,889$2,379,700$746,955$11,171,485
73$23,905,800$2,386,343$662,015$12,121,957
74$26,230,765$2,389,847$570,766$13,166,013
75$28,789,303$2,389,949$472,886$14,313,209
76$31,605,127$2,386,371$368,043$15,574,081
77$34,704,363$2,378,817$255,885$16,960,247
78$38,115,800$2,366,971$136,049$18,484,514
79$41,871,158$2,350,499$8,154$20,161,005
80$46,005,391$2,329,048$0$22,005,290
81$50,557,012$2,302,242$0$24,046,858
82$55,568,458$2,269,684$0$26,293,948
83$61,086,494$2,230,951$0$28,766,683
84$67,162,645$2,185,597$0$31,488,109
85$73,853,692$2,133,148$0$34,483,634
86$81,222,201$2,073,104$0$37,781,261
87$89,337,113$2,004,934$0$41,411,862
88$98,274,398$1,928,076$0$45,409,468
89$108,117,772$1,841,937$0$49,811,590
90$118,959,480$1,745,887$0$54,659,578
91$130,901,174$1,639,262$0$59,999,011
92$144,054,867$1,521,359$0$65,880,129
93$158,543,992$1,391,435$0$72,358,312
94$174,504,568$1,248,704$0$79,494,605
95$192,086,479$1,092,335$0$87,356,291
96$211,454,891$921,451$0$96,017,536
97$232,791,813$735,125$0$105,560,088
98$256,297,809$532,377$0$116,074,054
99$282,193,896$312,174$0$127,658,749
100$310,723,625$73,422$0$140,423,642