Can I retire at age 41 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$120,565$119,492$118,444$117,421$116,422$112,831
2 years$59,686$58,574$57,497$56,452$55,439$51,853
3 years$39,395$38,279$37,204$36,170$35,173$31,703
4 years$29,252$28,139$27,075$26,058$25,086$21,760
5 years$23,168$22,061$21,011$20,015$19,070$15,896
6 years$19,113$18,015$16,980$16,006$15,089$12,071
7 years$16,217$15,129$14,111$13,160$12,272$9,409
8 years$14,047$12,968$11,967$11,039$10,180$7,471
9 years$12,360$11,291$10,307$9,403$8,573$6,014
10 years$11,011$9,953$8,986$8,106$7,305$4,892
11 years$9,908$8,860$7,911$7,054$6,283$4,012
12 years$8,989$7,952$7,021$6,188$5,444$3,312
13 years$8,213$7,187$6,273$5,463$4,748$2,747
14 years$7,548$6,532$5,636$4,849$4,162$2,289
15 years$6,972$5,968$5,089$4,325$3,664$1,913
16 years$6,468$5,475$4,614$3,872$3,238$1,604
17 years$6,025$5,042$4,198$3,479$2,871$1,348
18 years$5,631$4,659$3,832$3,135$2,553$1,134
19 years$5,279$4,318$3,508$2,833$2,276$956
20 years$4,962$4,013$3,220$2,566$2,033$807
21 years$4,676$3,738$2,962$2,329$1,819$682
22 years$4,416$3,489$2,730$2,117$1,631$577
23 years$4,180$3,263$2,520$1,928$1,464$489
24 years$3,963$3,057$2,331$1,759$1,316$414
25 years$3,764$2,869$2,159$1,606$1,184$351
26 years$3,581$2,697$2,002$1,469$1,066$298
27 years$3,411$2,538$1,859$1,344$961$253
28 years$3,254$2,391$1,728$1,232$867$214
29 years$3,108$2,256$1,608$1,129$783$182
30 years$2,972$2,131$1,498$1,037$708$155
31 years$2,845$2,014$1,397$952$640$131
32 years$2,726$1,906$1,303$875$579$112
33 years$2,615$1,805$1,217$805$524$95
34 years$2,510$1,710$1,137$740$474$81
35 years$2,412$1,622$1,063$681$430$68
36 years$2,319$1,540$994$628$389$58
37 years$2,231$1,463$931$578$353$49
38 years$2,149$1,390$872$533$320$42
39 years$2,070$1,322$817$491$290$36
40 years$1,996$1,257$765$453$263$30
41 years$1,926$1,197$718$418$239$26
42 years$1,859$1,140$673$386$217$22
43 years$1,795$1,086$632$356$197$19
44 years$1,735$1,035$593$329$178$16
45 years$1,677$987$557$304$162$13
46 years$1,622$942$523$281$147$11
47 years$1,570$899$491$259$134$10
48 years$1,519$858$462$240$121$8
49 years$1,471$819$434$221$110$7
50 years$1,425$783$408$205$100$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,460,000, adding $6,860 every year, while hoping to spend $56,332 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: 37/43/20 Blend
40$1,460,000$1,460,000$1,460,000$1,460,000
41$1,615,996$1,538,616$1,515,986$1,665,821
42$1,720,891$1,554,071$1,506,835$1,718,060
43$1,834,597$1,568,396$1,495,489$1,768,663
44$1,957,954$1,581,475$1,481,816$1,822,161
45$2,091,884$1,593,186$1,465,675$1,878,848
46$2,237,403$1,603,399$1,446,922$1,939,048
47$2,395,627$1,611,975$1,425,403$2,003,123
48$2,567,786$1,618,767$1,400,959$2,071,474
49$2,755,230$1,623,617$1,373,422$2,144,547
50$2,959,449$1,626,359$1,342,616$2,222,838
51$3,182,077$1,626,815$1,308,359$2,306,896
52$3,424,918$1,624,799$1,270,458$2,397,332
53$3,689,955$1,620,108$1,228,713$2,494,822
54$3,979,369$1,612,533$1,182,914$2,600,118
55$4,295,564$1,601,847$1,132,841$2,714,053
56$4,641,186$1,587,811$1,078,266$2,837,550
57$5,019,147$1,570,174$1,018,947$2,971,634
58$5,432,653$1,548,665$954,635$3,117,439
59$5,885,236$1,523,002$885,068$3,276,223
60$6,380,783$1,492,883$809,971$3,449,378
61$6,923,577$1,457,988$729,059$3,638,448
62$7,518,333$1,417,980$642,033$3,845,142
63$8,170,242$1,372,500$548,581$4,071,351
64$8,885,026$1,321,172$448,377$4,319,169
65$9,668,981$1,263,592$341,080$4,590,913
66$10,529,048$1,199,338$226,337$4,889,149
67$11,472,867$1,127,962$103,775$5,216,712
68$12,508,855$1,048,988$0$5,576,743
69$13,646,286$961,917$0$5,978,478
70$14,895,373$866,216$0$6,443,997
71$16,267,368$761,327$0$6,955,467
72$17,774,665$646,658$0$7,517,673
73$19,430,919$521,583$0$8,135,900
74$21,251,173$385,441$0$8,815,984
75$23,252,000$237,534$0$9,564,365
76$25,451,656$77,126$0$10,388,156
77$27,870,259$0$0$11,295,207
78$30,529,968$0$0$12,339,872
79$33,455,202$0$0$13,529,192
80$36,672,861$0$0$14,837,637
81$40,212,587$0$0$16,277,291
82$44,107,036$0$0$17,861,466
83$48,392,191$0$0$19,604,829
84$53,107,698$0$0$21,523,542
85$58,297,241$0$0$23,635,412
86$64,008,953$0$0$25,960,063
87$70,295,870$0$0$28,519,113
88$77,216,429$0$0$31,336,387
89$84,835,023$0$0$34,438,136
90$93,222,602$0$0$37,853,283
91$102,457,348$0$0$41,613,704
92$112,625,408$0$0$45,754,518
93$123,821,710$0$0$50,314,426
94$136,150,851$0$0$55,336,072
95$149,728,095$0$0$60,866,448
96$164,680,447$0$0$66,957,334
97$181,147,862$0$0$73,665,789
98$199,284,559$0$0$81,054,689
99$219,260,477$0$0$89,193,320
100$241,262,878$0$0$98,158,029