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%12.1%
1 years$120,565$119,492$118,444$117,421$116,422$115,399
2 years$59,686$58,574$57,497$56,452$55,439$54,408
3 years$39,395$38,279$37,204$36,170$35,173$34,166
4 years$29,252$28,139$27,075$26,058$25,086$24,110
5 years$23,168$22,061$21,011$20,015$19,070$18,129
6 years$19,113$18,015$16,980$16,006$15,089$14,184
7 years$16,217$15,129$14,111$13,160$12,272$11,403
8 years$14,047$12,968$11,967$11,039$10,180$9,348
9 years$12,360$11,291$10,307$9,403$8,573$7,777
10 years$11,011$9,953$8,986$8,106$7,305$6,544
11 years$9,908$8,860$7,911$7,054$6,283$5,557
12 years$8,989$7,952$7,021$6,188$5,444$4,753
13 years$8,213$7,187$6,273$5,463$4,748$4,090
14 years$7,548$6,532$5,636$4,849$4,162$3,536
15 years$6,972$5,968$5,089$4,325$3,664$3,071
16 years$6,468$5,475$4,614$3,872$3,238$2,676
17 years$6,025$5,042$4,198$3,479$2,871$2,339
18 years$5,631$4,659$3,832$3,135$2,553$2,049
19 years$5,279$4,318$3,508$2,833$2,276$1,799
20 years$4,962$4,013$3,220$2,566$2,033$1,583
21 years$4,676$3,738$2,962$2,329$1,819$1,395
22 years$4,416$3,489$2,730$2,117$1,631$1,231
23 years$4,180$3,263$2,520$1,928$1,464$1,088
24 years$3,963$3,057$2,331$1,759$1,316$963
25 years$3,764$2,869$2,159$1,606$1,184$852
26 years$3,581$2,697$2,002$1,469$1,066$755
27 years$3,411$2,538$1,859$1,344$961$670
28 years$3,254$2,391$1,728$1,232$867$594
29 years$3,108$2,256$1,608$1,129$783$528
30 years$2,972$2,131$1,498$1,037$708$469
31 years$2,845$2,014$1,397$952$640$417
32 years$2,726$1,906$1,303$875$579$371
33 years$2,615$1,805$1,217$805$524$330
34 years$2,510$1,710$1,137$740$474$293
35 years$2,412$1,622$1,063$681$430$261
36 years$2,319$1,540$994$628$389$232
37 years$2,231$1,463$931$578$353$207
38 years$2,149$1,390$872$533$320$184
39 years$2,070$1,322$817$491$290$164
40 years$1,996$1,257$765$453$263$146
41 years$1,926$1,197$718$418$239$130
42 years$1,859$1,140$673$386$217$116
43 years$1,795$1,086$632$356$197$104
44 years$1,735$1,035$593$329$178$92
45 years$1,677$987$557$304$162$82
46 years$1,622$942$523$281$147$73
47 years$1,570$899$491$259$134$65
48 years$1,519$858$462$240$121$58
49 years$1,471$819$434$221$110$52
50 years$1,425$783$408$205$100$46

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 $3,959 every year, while hoping to spend $38,039 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: 75/9/16 Blend
40$1,460,000$1,460,000$1,460,000$1,460,000
41$1,613,004$1,535,624$1,512,994$1,727,962
42$1,737,057$1,570,396$1,523,206$1,839,308
43$1,872,489$1,605,597$1,532,485$1,956,210
44$2,020,419$1,641,208$1,540,760$2,083,318
45$2,182,082$1,677,208$1,547,956$2,221,638
46$2,358,836$1,713,572$1,553,994$2,372,277
47$2,552,175$1,750,275$1,558,790$2,536,455
48$2,763,746$1,787,288$1,562,259$2,715,515
49$2,995,361$1,824,578$1,564,308$2,910,937
50$3,249,018$1,862,112$1,564,842$3,124,352
51$3,526,913$1,899,851$1,563,759$3,357,557
52$3,831,468$1,937,754$1,560,955$3,612,532
53$4,165,349$1,975,775$1,556,319$3,891,458
54$4,531,493$2,013,867$1,549,734$4,196,738
55$4,933,134$2,051,975$1,541,078$4,531,021
56$5,373,835$2,090,042$1,530,225$4,897,223
57$5,857,518$2,128,007$1,517,040$5,298,561
58$6,388,507$2,165,801$1,501,383$5,738,578
59$6,971,564$2,203,354$1,483,108$6,221,178
60$7,611,931$2,240,587$1,462,061$6,750,663
61$8,315,389$2,277,416$1,438,080$7,331,775
62$9,088,300$2,313,751$1,410,998$7,969,737
63$9,937,678$2,349,496$1,380,638$8,670,306
64$10,871,248$2,384,548$1,346,815$9,439,829
65$11,897,519$2,418,794$1,309,337$10,285,295
66$13,025,868$2,452,117$1,268,002$11,214,411
67$14,266,625$2,484,390$1,222,599$12,235,667
68$15,631,171$2,515,475$1,172,906$13,358,420
69$17,132,045$2,545,227$1,118,693$14,592,983
70$18,783,062$2,573,493$1,059,718$15,950,720
71$20,599,446$2,600,105$995,729$17,444,154
72$22,597,966$2,624,887$926,463$19,087,088
73$24,797,103$2,647,651$851,644$20,894,730
74$27,217,217$2,668,196$770,984$22,883,844
75$29,880,744$2,686,308$684,183$25,072,902
76$32,812,403$2,701,760$590,926$27,482,262
77$36,039,431$2,714,309$490,885$30,134,358
78$39,591,841$2,723,698$383,718$33,053,916
79$43,502,703$2,729,654$269,067$36,268,183
80$47,808,457$2,731,885$146,558$39,807,188
81$52,549,254$2,730,082$15,803$43,704,023
82$57,769,340$2,723,918$0$47,995,158
83$63,517,466$2,713,044$0$52,741,908
84$69,847,355$2,697,089$0$57,971,695
85$76,818,201$2,675,663$0$63,730,706
86$84,495,236$2,648,349$0$70,072,814
87$92,950,339$2,614,707$0$77,057,385
88$102,262,714$2,574,268$0$84,749,839
89$112,519,642$2,526,539$0$93,222,264
90$123,817,300$2,470,994$0$102,554,101
91$136,261,670$2,407,077$0$112,832,891
92$149,969,538$2,334,202$0$124,155,103
93$165,069,598$2,251,744$0$136,627,042
94$181,703,663$2,159,046$0$150,365,855
95$200,028,008$2,055,411$0$165,500,636
96$220,214,838$1,940,100$0$182,173,643
97$242,453,921$1,812,334$0$200,541,645
98$266,954,371$1,671,288$0$220,777,395
99$293,946,627$1,516,091$0$243,071,270
100$323,684,624$1,345,821$0$267,633,058