Can I retire at age 41 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$123,043$121,947$120,878$119,834$118,815$115,895
2 years$60,912$59,778$58,678$57,612$56,578$53,655
3 years$40,205$39,065$37,969$36,913$35,896$33,060
4 years$29,853$28,717$27,632$26,594$25,601$22,875
5 years$23,644$22,515$21,443$20,426$19,462$16,852
6 years$19,505$18,385$17,329$16,335$15,399$12,910
7 years$16,551$15,440$14,401$13,430$12,524$10,154
8 years$14,336$13,235$12,213$11,266$10,390$8,139
9 years$12,614$11,523$10,519$9,596$8,750$6,616
10 years$11,237$10,157$9,171$8,272$7,455$5,436
11 years$10,111$9,042$8,074$7,199$6,412$4,504
12 years$9,174$8,116$7,165$6,315$5,556$3,757
13 years$8,381$7,334$6,402$5,575$4,845$3,151
14 years$7,703$6,667$5,752$4,949$4,247$2,654
15 years$7,115$6,090$5,193$4,413$3,740$2,243
16 years$6,601$5,588$4,708$3,952$3,305$1,902
17 years$6,148$5,146$4,284$3,551$2,930$1,617
18 years$5,746$4,755$3,911$3,200$2,606$1,377
19 years$5,387$4,407$3,580$2,891$2,322$1,175
20 years$5,064$4,095$3,286$2,619$2,074$1,004
21 years$4,772$3,815$3,022$2,377$1,856$859
22 years$4,507$3,561$2,786$2,161$1,664$736
23 years$4,266$3,330$2,572$1,968$1,494$631
24 years$4,045$3,120$2,379$1,795$1,343$542
25 years$3,841$2,928$2,203$1,639$1,208$465
26 years$3,654$2,752$2,043$1,499$1,088$400
27 years$3,481$2,590$1,897$1,372$981$343
28 years$3,321$2,441$1,764$1,257$885$295
29 years$3,172$2,302$1,641$1,153$799$254
30 years$3,033$2,174$1,529$1,058$722$219
31 years$2,903$2,055$1,425$972$653$188
32 years$2,782$1,945$1,330$893$591$162
33 years$2,668$1,842$1,242$821$535$139
34 years$2,562$1,746$1,160$755$484$120
35 years$2,461$1,656$1,085$695$438$103
36 years$2,366$1,572$1,015$640$397$89
37 years$2,277$1,493$950$590$360$77
38 years$2,193$1,418$889$544$326$66
39 years$2,113$1,349$833$502$296$57
40 years$2,037$1,283$781$463$268$49
41 years$1,965$1,222$732$427$244$42
42 years$1,897$1,163$687$394$221$36
43 years$1,832$1,108$645$364$201$31
44 years$1,770$1,057$605$336$182$27
45 years$1,711$1,008$568$310$165$23
46 years$1,655$961$534$286$150$20
47 years$1,602$917$501$265$136$17
48 years$1,551$876$471$244$124$15
49 years$1,502$836$443$226$112$13
50 years$1,455$799$416$209$102$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,490,000, adding $6,704 every year, while hoping to spend $45,629 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: 80/5/15 Blend
40$1,490,000$1,490,000$1,490,000$1,490,000
41$1,648,895$1,569,925$1,546,830$1,775,190
42$1,768,534$1,598,303$1,550,100$1,887,599
43$1,898,846$1,626,541$1,551,950$2,004,386
44$2,040,872$1,654,586$1,552,285$2,131,260
45$2,195,759$1,682,378$1,551,004$2,269,212
46$2,364,765$1,709,853$1,548,001$2,419,333
47$2,549,278$1,736,944$1,543,167$2,582,826
48$2,750,826$1,763,576$1,536,384$2,761,015
49$2,971,090$1,789,670$1,527,533$2,955,360
50$3,211,921$1,815,144$1,516,485$3,167,469
51$3,475,357$1,839,905$1,503,107$3,399,113
52$3,763,641$1,863,859$1,487,259$3,652,244
53$4,079,245$1,886,900$1,468,794$3,929,013
54$4,424,889$1,908,920$1,447,560$4,231,787
55$4,803,571$1,929,800$1,423,396$4,563,180
56$5,218,589$1,949,414$1,396,134$4,926,066
57$5,673,578$1,967,628$1,365,598$5,323,616
58$6,172,541$1,984,300$1,331,603$5,759,323
59$6,719,886$1,999,277$1,293,958$6,237,036
60$7,320,470$2,012,397$1,252,461$6,760,997
61$7,979,640$2,023,486$1,206,901$7,335,878
62$8,703,289$2,032,363$1,157,058$7,966,831
63$9,497,907$2,038,831$1,102,701$8,659,532
64$10,370,642$2,042,682$1,043,590$9,420,235
65$11,329,371$2,043,697$979,474$10,255,833
66$12,382,769$2,041,641$910,089$11,173,923
67$13,540,394$2,036,264$835,160$12,182,874
68$14,812,777$2,027,304$754,400$13,291,913
69$16,211,518$2,014,479$667,510$14,511,205
70$17,749,396$1,997,492$574,175$15,851,953
71$19,440,495$1,976,029$474,070$17,326,506
72$21,300,325$1,949,755$366,852$18,948,468
73$23,345,981$1,918,316$252,164$20,732,835
74$25,596,295$1,881,336$129,635$22,696,133
75$28,072,014$1,838,419$0$24,856,572
76$30,796,001$1,789,143$0$27,234,404
77$33,793,445$1,733,063$0$29,873,720
78$37,092,100$1,669,707$0$32,778,193
79$40,722,547$1,598,575$0$35,974,756
80$44,718,482$1,519,141$0$39,493,088
81$49,117,033$1,430,844$0$43,365,891
82$53,959,109$1,333,095$0$47,629,201
83$59,289,790$1,225,268$0$52,322,725
84$65,158,747$1,106,704$0$57,490,219
85$71,620,711$976,704$0$63,179,897
86$78,735,992$834,531$0$69,444,889
87$86,571,045$679,406$0$76,343,741
88$95,199,100$510,505$0$83,940,968
89$104,700,847$326,958$0$92,307,661
90$115,165,202$127,848$0$101,522,160
91$126,690,146$0$0$111,670,793
92$139,383,643$0$0$122,853,518
93$153,364,667$0$0$135,178,335
94$168,764,318$0$0$148,753,787
95$185,727,061$0$0$163,707,233
96$204,412,091$0$0$180,179,019
97$224,994,832$0$0$198,323,796
98$247,668,592$0$0$218,311,986
99$272,646,391$0$0$240,331,386
100$300,162,967$0$0$264,588,938