Can I retire at age 41 with 1,470,000?

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 $1,470,000?

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$121,391$120,310$119,255$118,225$117,220$116,189
2 years$60,095$58,975$57,891$56,839$55,819$54,780
3 years$39,665$38,541$37,459$36,417$35,414$34,400
4 years$29,452$28,332$27,261$26,237$25,257$24,275
5 years$23,326$22,212$21,155$20,152$19,200$18,253
6 years$19,244$18,138$17,097$16,116$15,193$14,281
7 years$16,329$15,232$14,207$13,250$12,356$11,481
8 years$14,143$13,057$12,049$11,115$10,250$9,412
9 years$12,444$11,368$10,378$9,467$8,632$7,830
10 years$11,086$10,021$9,048$8,161$7,355$6,589
11 years$9,976$8,921$7,965$7,103$6,326$5,595
12 years$9,051$8,007$7,069$6,230$5,482$4,785
13 years$8,269$7,236$6,316$5,500$4,780$4,118
14 years$7,599$6,577$5,675$4,882$4,190$3,561
15 years$7,020$6,008$5,124$4,354$3,689$3,092
16 years$6,513$5,513$4,645$3,899$3,261$2,694
17 years$6,066$5,077$4,227$3,503$2,891$2,355
18 years$5,669$4,691$3,859$3,157$2,571$2,063
19 years$5,315$4,348$3,532$2,852$2,291$1,812
20 years$4,996$4,040$3,242$2,583$2,047$1,594
21 years$4,708$3,763$2,982$2,345$1,831$1,405
22 years$4,447$3,513$2,748$2,132$1,642$1,240
23 years$4,208$3,286$2,538$1,942$1,474$1,095
24 years$3,990$3,078$2,347$1,771$1,325$969
25 years$3,790$2,889$2,174$1,617$1,192$858
26 years$3,605$2,715$2,016$1,479$1,074$760
27 years$3,435$2,555$1,872$1,353$968$674
28 years$3,276$2,408$1,740$1,240$873$599
29 years$3,129$2,271$1,619$1,137$789$532
30 years$2,992$2,145$1,508$1,044$713$472
31 years$2,864$2,028$1,406$958$644$420
32 years$2,745$1,919$1,312$881$583$373
33 years$2,633$1,817$1,225$810$527$332
34 years$2,527$1,722$1,145$745$478$295
35 years$2,428$1,633$1,070$686$433$263
36 years$2,335$1,550$1,001$632$392$234
37 years$2,247$1,473$937$582$355$208
38 years$2,163$1,399$877$537$322$186
39 years$2,084$1,331$822$495$292$165
40 years$2,010$1,266$771$456$265$147
41 years$1,939$1,205$723$421$240$131
42 years$1,872$1,148$678$389$218$117
43 years$1,808$1,094$636$359$198$104
44 years$1,747$1,042$597$331$180$93
45 years$1,689$994$561$306$163$83
46 years$1,633$948$526$283$148$74
47 years$1,580$905$495$261$134$66
48 years$1,530$864$465$241$122$59
49 years$1,481$825$437$223$111$52
50 years$1,435$788$411$206$101$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,470,000, adding $6,573 every year, while hoping to spend $26,584 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: 70/17/13 Blend
40$1,470,000$1,470,000$1,470,000$1,470,000
41$1,626,720$1,548,810$1,526,025$1,735,510
42$1,764,360$1,596,417$1,548,862$1,856,192
43$1,915,149$1,645,465$1,571,572$1,984,384
44$2,080,399$1,695,997$1,594,125$2,123,976
45$2,261,556$1,748,058$1,616,485$2,276,089
46$2,460,214$1,801,692$1,638,616$2,441,954
47$2,678,126$1,856,945$1,660,480$2,622,927
48$2,917,225$1,913,865$1,682,036$2,820,502
49$3,179,638$1,972,501$1,703,241$3,036,323
50$3,467,711$2,032,903$1,724,049$3,272,203
51$3,784,025$2,095,123$1,744,412$3,530,135
52$4,131,426$2,159,214$1,764,280$3,812,318
53$4,513,046$2,225,231$1,783,598$4,121,170
54$4,932,339$2,293,229$1,802,310$4,459,358
55$5,393,106$2,363,266$1,820,357$4,829,817
56$5,899,539$2,435,401$1,837,674$5,235,782
57$6,456,252$2,509,696$1,854,197$5,680,814
58$7,068,331$2,586,213$1,869,853$6,168,840
59$7,741,378$2,665,015$1,884,571$6,704,183
60$8,481,567$2,746,169$1,898,273$7,291,604
61$9,295,698$2,829,743$1,910,876$7,936,353
62$10,191,265$2,915,805$1,922,296$8,644,210
63$11,176,522$3,004,428$1,932,441$9,421,544
64$12,260,567$3,095,684$1,941,217$10,275,372
65$13,453,421$3,189,650$1,948,525$11,213,427
66$14,766,129$3,286,401$1,954,259$12,244,227
67$16,210,857$3,386,017$1,958,309$13,377,156
68$17,801,013$3,488,581$1,960,561$14,622,558
69$19,551,368$3,594,174$1,960,892$15,991,825
70$21,478,202$3,702,882$1,959,177$17,497,513
71$23,599,450$3,814,794$1,955,280$19,153,456
72$25,934,874$3,930,000$1,949,063$20,974,896
73$28,506,253$4,048,592$1,940,378$22,978,629
74$31,337,582$4,170,664$1,929,072$25,183,162
75$34,455,303$4,296,314$1,914,983$27,608,889
76$37,888,552$4,425,642$1,897,943$30,278,279
77$41,669,435$4,558,749$1,877,775$33,216,094
78$45,833,330$4,695,740$1,854,293$36,449,619
79$50,419,221$4,836,722$1,827,303$40,008,920
80$55,470,066$4,981,806$1,796,602$43,927,125
81$61,033,201$5,131,103$1,761,977$48,240,744
82$67,160,790$5,284,730$1,723,205$52,990,004
83$73,910,313$5,442,803$1,680,055$58,219,236
84$81,345,109$5,605,445$1,632,281$63,977,290
85$89,534,976$5,772,778$1,579,628$70,317,996
86$98,556,829$5,944,930$1,521,831$77,300,672
87$108,495,424$6,122,029$1,458,611$84,990,685
88$119,444,157$6,304,209$1,389,674$93,460,067
89$131,505,951$6,491,605$1,314,718$102,788,195
90$144,794,220$6,684,356$1,233,424$113,062,538
91$159,433,945$6,882,603$1,145,457$124,379,489
92$175,562,849$7,086,493$1,050,472$136,845,265
93$193,332,700$7,296,171$948,103$150,576,920
94$212,910,743$7,511,792$837,973$165,703,442
95$234,481,277$7,733,507$719,683$182,366,973
96$258,247,395$7,961,477$592,820$200,724,154
97$284,432,902$8,195,861$456,951$220,947,596
98$313,284,424$8,436,825$311,626$243,227,519
99$345,073,742$8,684,536$156,372$267,773,540
100$380,100,351$8,939,166$0$294,816,654