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%11.5%
1 years$118,914$117,855$116,821$115,813$114,828$114,104
2 years$58,868$57,772$56,709$55,679$54,680$53,950
3 years$38,856$37,755$36,695$35,674$34,691$33,977
4 years$28,851$27,754$26,704$25,701$24,742$24,050
5 years$22,850$21,759$20,724$19,741$18,808$18,140
6 years$18,851$17,768$16,748$15,787$14,883$14,239
7 years$15,995$14,922$13,917$12,979$12,103$11,485
8 years$13,855$12,791$11,803$10,888$10,041$9,448
9 years$12,191$11,136$10,166$9,274$8,456$7,888
10 years$10,860$9,816$8,863$7,994$7,205$6,661
11 years$9,772$8,739$7,803$6,958$6,196$5,677
12 years$8,866$7,843$6,925$6,103$5,370$4,874
13 years$8,100$7,088$6,187$5,388$4,683$4,210
14 years$7,444$6,443$5,559$4,783$4,105$3,655
15 years$6,876$5,886$5,019$4,265$3,614$3,186
16 years$6,380$5,400$4,550$3,819$3,194$2,788
17 years$5,942$4,973$4,141$3,431$2,832$2,447
18 years$5,554$4,596$3,780$3,092$2,518$2,153
19 years$5,206$4,259$3,460$2,794$2,245$1,899
20 years$4,894$3,958$3,176$2,531$2,005$1,678
21 years$4,612$3,687$2,921$2,297$1,794$1,485
22 years$4,356$3,441$2,692$2,088$1,608$1,317
23 years$4,123$3,218$2,486$1,902$1,444$1,169
24 years$3,909$3,016$2,299$1,735$1,298$1,039
25 years$3,713$2,830$2,129$1,584$1,168$924
26 years$3,532$2,660$1,975$1,448$1,052$823
27 years$3,364$2,503$1,834$1,326$948$733
28 years$3,209$2,359$1,705$1,215$856$654
29 years$3,065$2,225$1,586$1,114$773$583
30 years$2,931$2,101$1,478$1,022$698$521
31 years$2,806$1,986$1,378$939$631$465
32 years$2,689$1,880$1,285$863$571$416
33 years$2,579$1,780$1,200$794$517$372
34 years$2,476$1,687$1,121$730$468$332
35 years$2,379$1,600$1,048$672$424$297
36 years$2,287$1,519$981$619$384$266
37 years$2,201$1,442$918$570$348$238
38 years$2,119$1,371$860$526$315$213
39 years$2,042$1,304$805$485$286$191
40 years$1,969$1,240$755$447$259$171
41 years$1,899$1,181$708$412$235$153
42 years$1,833$1,124$664$381$214$137
43 years$1,771$1,071$623$351$194$123
44 years$1,711$1,021$585$324$176$110
45 years$1,654$974$549$300$160$99
46 years$1,600$929$516$277$145$88
47 years$1,548$886$485$256$132$79
48 years$1,499$846$455$236$120$71
49 years$1,451$808$428$218$109$64
50 years$1,406$772$402$202$99$57

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 $6,604 every year, while hoping to spend $48,729 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: 41/43/16 Blend
40$1,440,000$1,440,000$1,440,000$1,440,000
41$1,593,692$1,517,372$1,495,052$1,651,260
42$1,704,401$1,539,876$1,493,289$1,715,143
43$1,824,770$1,561,849$1,489,834$1,778,980
44$1,955,731$1,583,215$1,484,578$1,847,034
45$2,098,313$1,603,890$1,477,409$1,919,714
46$2,253,646$1,623,785$1,468,207$1,997,471
47$2,422,973$1,642,806$1,456,847$2,080,805
48$2,607,665$1,660,853$1,443,200$2,170,266
49$2,809,229$1,677,816$1,427,129$2,266,465
50$3,029,322$1,693,581$1,408,490$2,370,075
51$3,269,773$1,708,026$1,387,134$2,481,842
52$3,532,590$1,721,019$1,362,903$2,602,590
53$3,819,987$1,732,422$1,335,633$2,733,228
54$4,134,401$1,742,087$1,305,153$2,874,763
55$4,478,517$1,749,856$1,271,282$3,028,306
56$4,855,288$1,755,561$1,233,832$3,195,086
57$5,267,968$1,759,024$1,192,607$3,376,460
58$5,720,141$1,760,057$1,147,399$3,573,929
59$6,215,753$1,758,458$1,097,995$3,789,149
60$6,759,151$1,754,013$1,044,169$4,023,950
61$7,355,121$1,746,496$985,685$4,280,355
62$8,008,936$1,735,667$922,298$4,560,596
63$8,726,403$1,721,270$853,751$4,867,140
64$9,513,919$1,703,036$779,775$5,202,712
65$10,378,531$1,680,677$700,089$5,570,319
66$11,328,001$1,653,889$614,401$5,973,283
67$12,370,878$1,622,350$522,405$6,415,272
68$13,516,582$1,585,721$423,780$6,900,335
69$14,775,491$1,543,638$318,194$7,432,943
70$16,159,034$1,495,720$205,297$8,018,030
71$17,679,808$1,441,562$84,727$8,661,045
72$19,351,685$1,380,736$0$9,368,000
73$21,189,953$1,312,788$0$10,153,035
74$23,211,453$1,237,239$0$11,031,897
75$25,434,740$1,153,582$0$11,998,259
76$27,880,257$1,061,281$0$13,061,117
77$30,570,529$959,770$0$14,230,392
78$33,530,373$848,449$0$15,517,025
79$36,787,133$726,684$0$16,933,086
80$40,370,937$593,809$0$18,491,885
81$44,314,982$449,115$0$20,208,101
82$48,655,845$291,856$0$22,097,923
83$53,433,830$121,246$0$24,179,206
84$58,693,344$0$0$26,471,639
85$64,483,320$0$0$29,027,002
86$70,857,677$0$0$31,903,667
87$77,875,825$0$0$35,071,102
88$85,603,230$0$0$38,558,884
89$94,112,029$0$0$42,399,601
90$103,481,710$0$0$46,629,164
91$113,799,860$0$0$51,287,143
92$125,162,997$0$0$56,417,144
93$137,677,474$0$0$62,067,214
94$151,460,485$0$0$68,290,300
95$166,641,171$0$0$75,144,746
96$183,361,835$0$0$82,694,843
97$201,779,290$0$0$91,011,439
98$222,066,333$0$0$100,172,602
99$244,413,380$0$0$110,264,360
100$269,030,258$0$0$121,381,514