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%19.6%
1 years$118,914$117,855$116,821$115,813$114,828$110,403
2 years$58,868$57,772$56,709$55,679$54,680$50,274
3 years$38,856$37,755$36,695$35,674$34,691$30,444
4 years$28,851$27,754$26,704$25,701$24,742$20,685
5 years$22,850$21,759$20,724$19,741$18,808$14,953
6 years$18,851$17,768$16,748$15,787$14,883$11,231
7 years$15,995$14,922$13,917$12,979$12,103$8,654
8 years$13,855$12,791$11,803$10,888$10,041$6,791
9 years$12,191$11,136$10,166$9,274$8,456$5,400
10 years$10,860$9,816$8,863$7,994$7,205$4,338
11 years$9,772$8,739$7,803$6,958$6,196$3,512
12 years$8,866$7,843$6,925$6,103$5,370$2,860
13 years$8,100$7,088$6,187$5,388$4,683$2,341
14 years$7,444$6,443$5,559$4,783$4,105$1,923
15 years$6,876$5,886$5,019$4,265$3,614$1,585
16 years$6,380$5,400$4,550$3,819$3,194$1,309
17 years$5,942$4,973$4,141$3,431$2,832$1,084
18 years$5,554$4,596$3,780$3,092$2,518$899
19 years$5,206$4,259$3,460$2,794$2,245$747
20 years$4,894$3,958$3,176$2,531$2,005$621
21 years$4,612$3,687$2,921$2,297$1,794$517
22 years$4,356$3,441$2,692$2,088$1,608$430
23 years$4,123$3,218$2,486$1,902$1,444$359
24 years$3,909$3,016$2,299$1,735$1,298$299
25 years$3,713$2,830$2,129$1,584$1,168$249
26 years$3,532$2,660$1,975$1,448$1,052$208
27 years$3,364$2,503$1,834$1,326$948$174
28 years$3,209$2,359$1,705$1,215$856$145
29 years$3,065$2,225$1,586$1,114$773$121
30 years$2,931$2,101$1,478$1,022$698$101
31 years$2,806$1,986$1,378$939$631$85
32 years$2,689$1,880$1,285$863$571$71
33 years$2,579$1,780$1,200$794$517$59
34 years$2,476$1,687$1,121$730$468$49
35 years$2,379$1,600$1,048$672$424$41
36 years$2,287$1,519$981$619$384$34
37 years$2,201$1,442$918$570$348$29
38 years$2,119$1,371$860$526$315$24
39 years$2,042$1,304$805$485$286$20
40 years$1,969$1,240$755$447$259$17
41 years$1,899$1,181$708$412$235$14
42 years$1,833$1,124$664$381$214$12
43 years$1,771$1,071$623$351$194$10
44 years$1,711$1,021$585$324$176$8
45 years$1,654$974$549$300$160$7
46 years$1,600$929$516$277$145$6
47 years$1,548$886$485$256$132$5
48 years$1,499$846$455$236$120$4
49 years$1,451$808$428$218$109$3
50 years$1,406$772$402$202$99$3

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 $4,217 every year, while hoping to spend $39,786 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: 57/27/16 Blend
40$1,440,000$1,440,000$1,440,000$1,440,000
41$1,591,230$1,514,910$1,492,590$1,675,064
42$1,711,203$1,546,808$1,500,260$1,764,309
43$1,842,081$1,578,937$1,506,853$1,856,810
44$1,984,932$1,611,264$1,512,291$1,956,702
45$2,140,935$1,643,756$1,516,494$2,064,700
46$2,311,387$1,676,377$1,519,373$2,181,596
47$2,497,716$1,709,086$1,520,839$2,308,259
48$2,701,493$1,741,842$1,520,797$2,445,649
49$2,924,450$1,774,596$1,519,148$2,594,825
50$3,168,491$1,807,298$1,515,787$2,756,950
51$3,435,715$1,839,894$1,510,604$2,933,310
52$3,728,433$1,872,324$1,503,484$3,125,322
53$4,049,190$1,904,525$1,494,308$3,334,545
54$4,400,789$1,936,428$1,482,949$3,562,699
55$4,786,316$1,967,960$1,469,274$3,811,682
56$5,209,172$1,999,041$1,453,146$4,083,584
57$5,673,100$2,029,587$1,434,419$4,380,709
58$6,182,226$2,059,506$1,412,942$4,705,596
59$6,741,092$2,088,701$1,388,554$5,061,047
60$7,354,703$2,117,067$1,361,091$5,450,146
61$8,028,572$2,144,493$1,330,377$5,876,298
62$8,768,772$2,170,859$1,296,230$6,343,253
63$9,581,993$2,196,037$1,258,460$6,855,146
64$10,475,605$2,219,892$1,216,867$7,416,534
65$11,457,727$2,242,277$1,171,243$8,032,442
66$12,537,305$2,263,037$1,121,368$8,708,410
67$13,724,192$2,282,009$1,067,017$9,450,542
68$15,029,247$2,299,014$1,007,948$10,265,570
69$16,464,430$2,313,866$943,915$11,160,913
70$18,042,921$2,326,365$874,655$12,144,750
71$19,779,241$2,336,298$799,898$13,226,098
72$21,689,387$2,343,441$719,359$14,414,894
73$23,790,988$2,347,552$632,740$15,722,093
74$26,103,464$2,348,377$539,732$17,159,774
75$28,648,215$2,345,646$440,011$18,741,246
76$31,448,820$2,339,069$333,238$20,481,184
77$34,531,259$2,328,343$219,061$22,395,763
78$37,924,158$2,313,143$97,111$24,502,811
79$41,659,061$2,293,126$0$26,821,981
80$45,770,723$2,267,926$0$29,380,575
81$50,297,441$2,237,159$0$32,214,889
82$55,281,415$2,200,415$0$35,334,719
83$60,769,143$2,157,259$0$38,769,149
84$66,811,865$2,107,234$0$42,550,234
85$73,466,038$2,049,851$0$46,713,299
86$80,793,876$1,984,597$0$51,297,277
87$88,863,935$1,910,925$0$56,345,075
88$97,751,756$1,828,260$0$61,903,981
89$107,540,581$1,735,991$0$68,026,108
90$118,322,138$1,633,472$0$74,768,891
91$130,197,505$1,520,021$0$82,195,627
92$143,278,065$1,394,916$0$90,376,076
93$157,686,554$1,257,394$0$99,387,117
94$173,558,225$1,106,648$0$109,313,478
95$191,042,116$941,826$0$120,248,534
96$210,302,465$762,028$0$132,295,194
97$231,520,251$566,303$0$145,566,868
98$254,894,911$353,646$0$160,188,545
99$280,646,213$122,995$0$176,297,970
100$309,016,336$0$0$194,046,946