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%13.8%
1 years$120,565$119,492$118,444$117,421$116,422$114,588
2 years$59,686$58,574$57,497$56,452$55,439$53,596
3 years$39,395$38,279$37,204$36,170$35,173$33,378
4 years$29,252$28,139$27,075$26,058$25,086$23,353
5 years$23,168$22,061$21,011$20,015$19,070$17,404
6 years$19,113$18,015$16,980$16,006$15,089$13,493
7 years$16,217$15,129$14,111$13,160$12,272$10,745
8 years$14,047$12,968$11,967$11,039$10,180$8,723
9 years$12,360$11,291$10,307$9,403$8,573$7,185
10 years$11,011$9,953$8,986$8,106$7,305$5,984
11 years$9,908$8,860$7,911$7,054$6,283$5,027
12 years$8,989$7,952$7,021$6,188$5,444$4,254
13 years$8,213$7,187$6,273$5,463$4,748$3,620
14 years$7,548$6,532$5,636$4,849$4,162$3,095
15 years$6,972$5,968$5,089$4,325$3,664$2,657
16 years$6,468$5,475$4,614$3,872$3,238$2,288
17 years$6,025$5,042$4,198$3,479$2,871$1,976
18 years$5,631$4,659$3,832$3,135$2,553$1,710
19 years$5,279$4,318$3,508$2,833$2,276$1,483
20 years$4,962$4,013$3,220$2,566$2,033$1,289
21 years$4,676$3,738$2,962$2,329$1,819$1,121
22 years$4,416$3,489$2,730$2,117$1,631$977
23 years$4,180$3,263$2,520$1,928$1,464$852
24 years$3,963$3,057$2,331$1,759$1,316$744
25 years$3,764$2,869$2,159$1,606$1,184$650
26 years$3,581$2,697$2,002$1,469$1,066$568
27 years$3,411$2,538$1,859$1,344$961$497
28 years$3,254$2,391$1,728$1,232$867$435
29 years$3,108$2,256$1,608$1,129$783$381
30 years$2,972$2,131$1,498$1,037$708$334
31 years$2,845$2,014$1,397$952$640$293
32 years$2,726$1,906$1,303$875$579$257
33 years$2,615$1,805$1,217$805$524$225
34 years$2,510$1,710$1,137$740$474$198
35 years$2,412$1,622$1,063$681$430$173
36 years$2,319$1,540$994$628$389$152
37 years$2,231$1,463$931$578$353$133
38 years$2,149$1,390$872$533$320$117
39 years$2,070$1,322$817$491$290$103
40 years$1,996$1,257$765$453$263$90
41 years$1,926$1,197$718$418$239$79
42 years$1,859$1,140$673$386$217$70
43 years$1,795$1,086$632$356$197$61
44 years$1,735$1,035$593$329$178$54
45 years$1,677$987$557$304$162$47
46 years$1,622$942$523$281$147$41
47 years$1,570$899$491$259$134$36
48 years$1,519$858$462$240$121$32
49 years$1,471$819$434$221$110$28
50 years$1,425$783$408$205$100$25

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 $3,021 every year, while hoping to spend $39,169 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: 58/37/5 Blend
40$1,460,000$1,460,000$1,460,000$1,460,000
41$1,612,036$1,534,656$1,512,026$1,703,883
42$1,734,788$1,568,179$1,521,004$1,799,353
43$1,868,748$1,602,031$1,528,969$1,898,630
44$2,015,018$1,636,188$1,535,847$2,005,839
45$2,174,811$1,670,622$1,541,559$2,121,743
46$2,349,462$1,705,303$1,546,021$2,247,177
47$2,540,441$1,740,197$1,549,146$2,383,066
48$2,749,367$1,775,267$1,550,844$2,530,423
49$2,978,021$1,810,475$1,551,016$2,690,369
50$3,228,368$1,845,776$1,549,564$2,864,136
51$3,502,568$1,881,126$1,546,380$3,053,082
52$3,803,000$1,916,471$1,541,355$3,258,703
53$4,132,287$1,951,759$1,534,371$3,482,646
54$4,493,314$1,986,929$1,525,306$3,726,728
55$4,889,261$2,021,918$1,514,033$3,992,950
56$5,323,630$2,056,656$1,500,418$4,283,516
57$5,800,279$2,091,070$1,484,320$4,600,856
58$6,323,455$2,125,080$1,465,592$4,947,647
59$6,897,838$2,158,601$1,444,080$5,326,839
60$7,528,585$2,191,539$1,419,624$5,741,683
61$8,221,374$2,223,798$1,392,055$6,195,763
62$8,982,460$2,255,270$1,361,195$6,693,026
63$9,818,737$2,285,844$1,326,860$7,237,826
64$10,737,795$2,315,398$1,288,858$7,834,957
65$11,748,001$2,343,802$1,246,985$8,489,706
66$12,858,568$2,370,920$1,201,030$9,207,898
67$14,079,649$2,396,603$1,150,772$9,995,954
68$15,422,431$2,420,693$1,095,980$10,860,950
69$16,899,236$2,443,024$1,036,412$11,810,686
70$18,523,642$2,463,416$971,816$12,853,758
71$20,310,608$2,481,679$901,927$13,999,639
72$22,276,619$2,497,610$826,470$15,258,773
73$24,439,834$2,510,993$745,157$16,642,669
74$26,820,263$2,521,598$657,686$18,164,011
75$29,439,955$2,529,181$563,743$19,836,782
76$32,323,202$2,533,482$463,000$21,676,390
77$35,496,771$2,534,226$355,114$23,699,820
78$38,990,158$2,531,119$239,726$25,925,792
79$42,835,861$2,523,850$116,464$28,374,937
80$47,069,690$2,512,090$0$31,069,996
81$51,731,103$2,495,487$0$34,036,838
82$56,863,580$2,473,671$0$37,308,964
83$62,515,031$2,446,246$0$40,910,625
84$68,738,248$2,412,796$0$44,875,401
85$75,591,403$2,372,877$0$49,240,302
86$83,138,599$2,326,021$0$54,046,117
87$91,450,470$2,271,730$0$59,337,801
88$100,604,852$2,209,478$0$65,164,898
89$110,687,513$2,138,709$0$71,582,013
90$121,792,966$2,058,832$0$78,649,326
91$134,025,358$1,969,224$0$86,433,161
92$147,499,453$1,869,225$0$95,006,615
93$162,341,717$1,758,137$0$104,450,249
94$178,691,507$1,635,221$0$114,852,847
95$196,702,391$1,499,696$0$126,312,262
96$216,543,591$1,350,738$0$138,936,334
97$238,401,587$1,187,474$0$152,843,914
98$262,481,871$1,008,982$0$168,165,988
99$289,010,888$814,289$0$185,046,912
100$318,238,175$602,365$0$203,645,780