Can I retire at age 41 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$119,740$118,673$117,632$116,617$115,625$112,510
2 years$59,277$58,173$57,103$56,066$55,060$51,944
3 years$39,125$38,017$36,950$35,922$34,932$31,913
4 years$29,052$27,946$26,890$25,880$24,914$22,014
5 years$23,009$21,910$20,868$19,878$18,939$16,167
6 years$18,982$17,891$16,864$15,897$14,986$12,344
7 years$16,106$15,025$14,014$13,070$12,188$9,676
8 years$13,951$12,879$11,885$10,964$10,111$7,729
9 years$12,275$11,214$10,237$9,339$8,515$6,260
10 years$10,935$9,884$8,925$8,050$7,255$5,124
11 years$9,840$8,799$7,857$7,006$6,239$4,229
12 years$8,928$7,898$6,973$6,145$5,407$3,514
13 years$8,156$7,137$6,230$5,425$4,715$2,935
14 years$7,496$6,488$5,598$4,816$4,133$2,462
15 years$6,924$5,927$5,054$4,295$3,639$2,073
16 years$6,424$5,438$4,582$3,846$3,216$1,750
17 years$5,983$5,008$4,169$3,455$2,852$1,481
18 years$5,592$4,627$3,806$3,114$2,536$1,256
19 years$5,242$4,289$3,484$2,814$2,260$1,067
20 years$4,928$3,985$3,198$2,548$2,019$908
21 years$4,644$3,712$2,941$2,313$1,807$773
22 years$4,386$3,465$2,711$2,103$1,619$659
23 years$4,151$3,241$2,503$1,915$1,454$562
24 years$3,936$3,036$2,315$1,747$1,307$480
25 years$3,738$2,850$2,144$1,595$1,176$410
26 years$3,556$2,678$1,989$1,459$1,059$351
27 years$3,388$2,520$1,846$1,335$955$300
28 years$3,232$2,375$1,717$1,223$862$257
29 years$3,087$2,241$1,597$1,122$778$220
30 years$2,952$2,116$1,488$1,029$703$188
31 years$2,825$2,000$1,387$945$635$161
32 years$2,707$1,893$1,294$869$575$138
33 years$2,597$1,792$1,208$799$520$118
34 years$2,493$1,699$1,129$735$471$101
35 years$2,395$1,611$1,056$677$427$87
36 years$2,303$1,529$988$623$387$74
37 years$2,216$1,453$924$574$350$64
38 years$2,134$1,380$866$529$318$55
39 years$2,056$1,313$811$488$288$47
40 years$1,982$1,249$760$450$261$40
41 years$1,912$1,189$713$415$237$34
42 years$1,846$1,132$669$383$215$30
43 years$1,783$1,079$627$354$195$25
44 years$1,723$1,028$589$327$177$22
45 years$1,666$981$553$302$161$19
46 years$1,611$935$519$279$146$16
47 years$1,559$893$488$257$133$14
48 years$1,509$852$458$238$120$12
49 years$1,461$814$431$220$109$10
50 years$1,416$777$405$203$99$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,450,000, adding $5,856 every year, while hoping to spend $35,121 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: 61/24/15 Blend
40$1,450,000$1,450,000$1,450,000$1,450,000
41$1,603,940$1,527,090$1,504,615$1,695,437
42$1,730,174$1,564,549$1,517,652$1,795,175
43$1,868,106$1,602,667$1,529,947$1,899,491
44$2,018,893$1,641,438$1,541,441$2,012,492
45$2,183,808$1,680,856$1,552,067$2,135,021
46$2,364,252$1,720,914$1,561,757$2,268,009
47$2,561,769$1,761,602$1,570,439$2,412,478
48$2,778,059$1,802,909$1,578,038$2,569,558
49$3,014,992$1,844,823$1,584,473$2,740,491
50$3,274,629$1,887,327$1,589,661$2,926,646
51$3,559,241$1,930,406$1,593,515$3,129,530
52$3,871,328$1,974,040$1,595,941$3,350,805
53$4,213,642$2,018,206$1,596,844$3,592,301
54$4,589,216$2,062,881$1,596,121$3,856,036
55$5,001,391$2,108,038$1,593,666$4,144,231
56$5,453,846$2,153,645$1,589,367$4,459,336
57$5,950,635$2,199,670$1,583,108$4,804,047
58$6,496,222$2,246,076$1,574,764$5,181,339
59$7,095,525$2,292,822$1,564,207$5,594,488
60$7,753,963$2,339,865$1,551,302$6,047,103
61$8,477,504$2,387,155$1,535,908$6,543,164
62$9,272,725$2,434,641$1,517,876$7,087,054
63$10,146,869$2,482,265$1,497,051$7,683,606
64$11,107,918$2,529,964$1,473,271$8,338,143
65$12,164,666$2,577,672$1,446,365$9,056,534
66$13,326,799$2,625,316$1,416,156$9,845,245
67$14,604,993$2,672,816$1,382,457$10,711,402
68$16,011,006$2,720,088$1,345,073$11,662,860
69$17,557,796$2,767,040$1,303,801$12,708,274
70$19,259,639$2,813,573$1,258,426$13,857,183
71$21,132,265$2,859,581$1,208,726$15,120,099
72$23,193,005$2,904,949$1,154,468$16,508,609
73$25,460,956$2,949,557$1,095,407$18,035,482
74$27,957,160$2,993,271$1,031,289$19,714,788
75$30,704,801$3,035,952$961,848$21,562,038
76$33,729,425$3,077,448$886,804$23,594,324
77$37,059,182$3,117,599$805,868$25,830,481
78$40,725,089$3,156,232$718,735$28,291,271
79$44,761,324$3,193,162$625,088$30,999,573
80$49,205,546$3,228,194$524,596$33,980,602
81$54,099,254$3,261,118$416,912$37,262,147
82$59,488,174$3,291,709$301,675$40,874,836
83$65,422,694$3,319,729$178,508$44,852,421
84$71,958,338$3,344,925$47,016$49,232,101
85$79,156,286$3,367,024$0$54,054,874
86$87,083,958$3,385,739$0$59,380,853
87$95,815,646$3,400,764$0$65,253,900
88$105,433,213$3,411,773$0$71,721,431
89$116,026,870$3,418,419$0$78,844,000
90$127,696,022$3,420,333$0$86,688,335
91$140,550,213$3,417,126$0$95,327,975
92$154,710,150$3,408,381$0$104,843,958
93$170,308,852$3,393,657$0$115,325,588
94$187,492,896$3,372,488$0$126,871,281
95$206,423,808$3,344,376$0$139,589,493
96$227,279,582$3,308,796$0$153,599,740
97$250,256,362$3,265,190$0$169,033,735
98$275,570,292$3,212,966$0$186,036,626
99$303,459,559$3,151,499$0$204,768,365
100$334,186,636$3,080,124$0$225,405,227