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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.3%
1 years$118,914$117,855$116,821$115,813$114,828$113,252
2 years$58,868$57,772$56,709$55,679$54,680$53,095
3 years$38,856$37,755$36,695$35,674$34,691$33,147
4 years$28,851$27,754$26,704$25,701$24,742$23,250
5 years$22,850$21,759$20,724$19,741$18,808$17,373
6 years$18,851$17,768$16,748$15,787$14,883$13,505
7 years$15,995$14,922$13,917$12,979$12,103$10,785
8 years$13,855$12,791$11,803$10,888$10,041$8,781
9 years$12,191$11,136$10,166$9,274$8,456$7,253
10 years$10,860$9,816$8,863$7,994$7,205$6,059
11 years$9,772$8,739$7,803$6,958$6,196$5,107
12 years$8,866$7,843$6,925$6,103$5,370$4,335
13 years$8,100$7,088$6,187$5,388$4,683$3,701
14 years$7,444$6,443$5,559$4,783$4,105$3,175
15 years$6,876$5,886$5,019$4,265$3,614$2,735
16 years$6,380$5,400$4,550$3,819$3,194$2,363
17 years$5,942$4,973$4,141$3,431$2,832$2,048
18 years$5,554$4,596$3,780$3,092$2,518$1,779
19 years$5,206$4,259$3,460$2,794$2,245$1,549
20 years$4,894$3,958$3,176$2,531$2,005$1,351
21 years$4,612$3,687$2,921$2,297$1,794$1,180
22 years$4,356$3,441$2,692$2,088$1,608$1,032
23 years$4,123$3,218$2,486$1,902$1,444$903
24 years$3,909$3,016$2,299$1,735$1,298$792
25 years$3,713$2,830$2,129$1,584$1,168$695
26 years$3,532$2,660$1,975$1,448$1,052$610
27 years$3,364$2,503$1,834$1,326$948$536
28 years$3,209$2,359$1,705$1,215$856$471
29 years$3,065$2,225$1,586$1,114$773$414
30 years$2,931$2,101$1,478$1,022$698$364
31 years$2,806$1,986$1,378$939$631$321
32 years$2,689$1,880$1,285$863$571$282
33 years$2,579$1,780$1,200$794$517$249
34 years$2,476$1,687$1,121$730$468$219
35 years$2,379$1,600$1,048$672$424$193
36 years$2,287$1,519$981$619$384$170
37 years$2,201$1,442$918$570$348$150
38 years$2,119$1,371$860$526$315$132
39 years$2,042$1,304$805$485$286$116
40 years$1,969$1,240$755$447$259$103
41 years$1,899$1,181$708$412$235$91
42 years$1,833$1,124$664$381$214$80
43 years$1,771$1,071$623$351$194$70
44 years$1,711$1,021$585$324$176$62
45 years$1,654$974$549$300$160$55
46 years$1,600$929$516$277$145$48
47 years$1,548$886$485$256$132$43
48 years$1,499$846$455$236$120$38
49 years$1,451$808$428$218$109$33
50 years$1,406$772$402$202$99$29

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 $3,404 every year, while hoping to spend $37,712 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: 59/18/23 Blend
40$1,440,000$1,440,000$1,440,000$1,440,000
41$1,590,391$1,514,071$1,491,751$1,674,255
42$1,712,486$1,548,135$1,501,600$1,765,759
43$1,845,770$1,582,605$1,510,514$1,861,142
44$1,991,346$1,617,460$1,518,423$1,964,353
45$2,150,425$1,652,677$1,525,253$2,076,160
46$2,324,344$1,688,233$1,530,924$2,197,406
47$2,514,571$1,724,101$1,535,354$2,329,024
48$2,722,725$1,760,250$1,538,456$2,472,038
49$2,950,589$1,796,648$1,540,140$2,627,580
50$3,200,124$1,833,259$1,540,310$2,796,897
51$3,473,492$1,870,044$1,538,866$2,981,362
52$3,773,073$1,906,961$1,535,702$3,182,490
53$4,101,487$1,943,963$1,530,709$3,401,950
54$4,461,622$1,981,000$1,523,771$3,641,583
55$4,856,657$2,018,018$1,514,767$3,903,417
56$5,290,094$2,054,959$1,503,569$4,189,688
57$5,765,790$2,091,759$1,490,045$4,502,859
58$6,287,994$2,128,349$1,474,056$4,845,649
59$6,861,387$2,164,656$1,455,454$5,221,050
60$7,491,125$2,200,600$1,434,089$5,632,366
61$8,182,888$2,236,097$1,409,798$6,083,234
62$8,942,931$2,271,055$1,382,415$6,577,666
63$9,778,149$2,305,375$1,351,765$7,120,082
64$10,696,135$2,338,953$1,317,664$7,715,358
65$11,705,254$2,371,676$1,279,919$8,368,866
66$12,814,724$2,403,422$1,238,331$9,086,528
67$14,034,700$2,434,064$1,192,689$9,874,872
68$15,376,369$2,463,462$1,142,773$10,741,095
69$16,852,057$2,491,470$1,088,355$11,693,128
70$18,475,345$2,517,931$1,029,193$12,739,714
71$20,261,196$2,542,675$965,037$13,890,492
72$22,226,098$2,565,526$895,625$15,156,085
73$24,388,214$2,586,291$820,683$16,548,203
74$26,767,560$2,604,768$739,924$18,079,752
75$29,386,190$2,620,740$653,050$19,764,960
76$32,268,403$2,633,978$559,749$21,619,508
77$35,440,973$2,644,236$459,694$23,660,681
78$38,933,404$2,651,254$352,544$25,907,532
79$42,778,201$2,654,756$237,945$28,381,059
80$47,011,186$2,654,448$115,525$31,104,408
81$51,671,829$2,650,017$0$34,103,092
82$56,803,620$2,641,132$0$37,408,940
83$62,454,483$2,627,442$0$41,079,730
84$68,677,227$2,608,574$0$45,121,345
85$75,530,041$2,584,131$0$49,571,543
86$83,077,046$2,553,693$0$54,471,936
87$91,388,898$2,516,817$0$59,868,376
88$100,543,455$2,473,031$0$65,811,397
89$110,626,514$2,421,836$0$72,356,685
90$121,732,614$2,362,702$0$79,565,610
91$133,965,936$2,295,070$0$87,505,799
92$147,441,280$2,218,346$0$96,251,781
93$162,285,149$2,131,904$0$105,885,687
94$178,636,946$2,035,079$0$116,498,026
95$196,650,286$1,927,169$0$128,188,543
96$216,494,446$1,807,432$0$141,067,157
97$238,355,964$1,675,081$0$155,255,002
98$262,440,399$1,529,285$0$170,885,570
99$288,974,267$1,369,168$0$188,105,972
100$318,207,186$1,193,801$0$207,078,326