Can I retire at age 41 with 1,480,000?

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 $1,480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$122,217$121,128$120,066$119,030$118,017$113,604
2 years$60,503$59,377$58,285$57,226$56,199$51,803
3 years$39,935$38,803$37,714$36,665$35,655$31,415
4 years$29,653$28,525$27,446$26,415$25,429$21,378
5 years$23,485$22,364$21,299$20,289$19,331$15,478
6 years$19,375$18,262$17,213$16,226$15,296$11,644
7 years$16,440$15,336$14,304$13,340$12,440$8,988
8 years$14,239$13,146$12,131$11,191$10,320$7,065
9 years$12,529$11,446$10,448$9,532$8,691$5,629
10 years$11,162$10,089$9,109$8,217$7,405$4,530
11 years$10,044$8,982$8,020$7,151$6,369$3,674
12 years$9,112$8,061$7,117$6,272$5,519$2,999
13 years$8,325$7,285$6,359$5,537$4,813$2,459
14 years$7,651$6,622$5,713$4,916$4,219$2,025
15 years$7,067$6,049$5,158$4,384$3,714$1,672
16 years$6,557$5,550$4,677$3,925$3,283$1,385
17 years$6,107$5,111$4,256$3,527$2,911$1,149
18 years$5,708$4,723$3,885$3,178$2,588$955
19 years$5,351$4,377$3,556$2,872$2,307$795
20 years$5,030$4,068$3,264$2,601$2,061$662
21 years$4,740$3,789$3,002$2,361$1,844$552
22 years$4,477$3,537$2,767$2,146$1,653$461
23 years$4,237$3,308$2,555$1,955$1,484$385
24 years$4,017$3,099$2,363$1,783$1,334$322
25 years$3,816$2,909$2,188$1,628$1,200$269
26 years$3,630$2,734$2,030$1,489$1,081$225
27 years$3,458$2,573$1,885$1,363$975$189
28 years$3,299$2,424$1,752$1,248$879$158
29 years$3,151$2,287$1,630$1,145$794$132
30 years$3,013$2,160$1,519$1,051$717$111
31 years$2,884$2,042$1,416$965$649$93
32 years$2,763$1,932$1,321$887$587$78
33 years$2,650$1,829$1,233$816$531$65
34 years$2,544$1,734$1,152$750$481$54
35 years$2,445$1,645$1,077$691$435$46
36 years$2,351$1,561$1,008$636$395$38
37 years$2,262$1,483$943$586$358$32
38 years$2,178$1,409$883$540$324$27
39 years$2,099$1,340$828$498$294$23
40 years$2,023$1,275$776$459$267$19
41 years$1,952$1,213$727$424$242$16
42 years$1,884$1,156$682$391$220$13
43 years$1,820$1,101$640$361$199$11
44 years$1,758$1,050$601$333$181$9
45 years$1,700$1,001$564$308$164$8
46 years$1,644$955$530$284$149$7
47 years$1,591$911$498$263$135$5
48 years$1,540$870$468$243$123$5
49 years$1,492$831$440$224$112$4
50 years$1,445$793$414$207$101$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,480,000, adding $5,806 every year, while hoping to spend $36,157 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: 45/36/19 Blend
40$1,480,000$1,480,000$1,480,000$1,480,000
41$1,636,949$1,558,509$1,535,569$1,701,432
42$1,765,447$1,596,405$1,548,540$1,785,120
43$1,905,840$1,634,946$1,560,733$1,871,775
44$2,059,303$1,674,126$1,572,085$1,964,989
45$2,227,130$1,713,936$1,582,528$2,065,389
46$2,410,745$1,754,367$1,591,991$2,173,664
47$2,611,717$1,795,407$1,600,399$2,290,571
48$2,831,774$1,837,043$1,607,673$2,416,948
49$3,072,816$1,879,260$1,613,731$2,553,715
50$3,336,939$1,922,039$1,618,487$2,701,888
51$3,626,449$1,965,362$1,621,849$2,862,585
52$3,943,888$2,009,205$1,623,722$3,037,039
53$4,292,052$2,053,544$1,624,004$3,226,609
54$4,674,025$2,098,352$1,622,592$3,432,793
55$5,093,201$2,143,596$1,619,374$3,657,239
56$5,553,319$2,189,244$1,614,235$3,901,768
57$6,058,499$2,235,258$1,607,053$4,168,384
58$6,613,277$2,281,597$1,597,701$4,459,296
59$7,222,653$2,328,217$1,586,045$4,776,941
60$7,892,131$2,375,067$1,571,945$5,124,003
61$8,627,779$2,422,095$1,555,255$5,503,441
62$9,436,277$2,469,244$1,535,822$5,918,517
63$10,324,990$2,516,449$1,513,484$6,372,828
64$11,302,027$2,563,643$1,488,074$6,870,335
65$12,376,324$2,610,751$1,459,415$7,415,409
66$13,557,726$2,657,696$1,427,322$8,012,866
67$14,857,081$2,704,389$1,391,604$8,668,013
68$16,286,338$2,750,739$1,352,058$9,386,704
69$17,858,665$2,796,646$1,308,472$10,175,389
70$19,588,570$2,842,003$1,260,627$11,041,178
71$21,492,037$2,886,694$1,208,291$11,991,909
72$23,586,679$2,930,596$1,151,224$13,036,224
73$25,891,902$2,973,577$1,089,171$14,183,645
74$28,429,089$3,015,495$1,021,871$15,444,671
75$31,221,799$3,056,197$949,046$16,830,875
76$34,295,993$3,095,521$870,410$18,355,013
77$37,680,276$3,133,294$785,661$20,031,145
78$41,406,168$3,169,329$694,484$21,874,770
79$45,508,400$3,203,429$596,552$23,902,973
80$50,025,242$3,235,382$491,522$26,134,584
81$54,998,864$3,264,963$379,035$28,590,361
82$60,475,733$3,291,932$258,718$31,293,183
83$66,507,053$3,316,031$130,180$34,268,268
84$73,149,246$3,336,990$0$37,543,414
85$80,464,484$3,354,518$0$41,150,676
86$88,521,278$3,368,306$0$45,150,666
87$97,395,121$3,378,026$0$49,554,276
88$107,169,204$3,383,330$0$54,402,628
89$117,935,196$3,383,846$0$59,741,040
90$129,794,114$3,379,183$0$65,619,458
91$142,857,272$3,368,920$0$72,092,923
92$157,247,332$3,352,616$0$79,222,096
93$173,099,465$3,329,799$0$87,073,830
94$190,562,622$3,299,971$0$95,721,800
95$209,800,942$3,262,603$0$105,247,202
96$230,995,300$3,217,132$0$115,739,520
97$254,345,015$3,162,965$0$127,297,370
98$280,069,728$3,099,473$0$140,029,434
99$308,411,480$3,025,987$0$154,055,488
100$339,636,992$2,941,801$0$169,507,529