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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.7%
1 years$123,043$121,947$120,878$119,834$118,815$115,104
2 years$60,912$59,778$58,678$57,612$56,578$52,873
3 years$40,205$39,065$37,969$36,913$35,896$32,311
4 years$29,853$28,717$27,632$26,594$25,601$22,166
5 years$23,644$22,515$21,443$20,426$19,462$16,184
6 years$19,505$18,385$17,329$16,335$15,399$12,283
7 years$16,551$15,440$14,401$13,430$12,524$9,568
8 years$14,336$13,235$12,213$11,266$10,390$7,593
9 years$12,614$11,523$10,519$9,596$8,750$6,109
10 years$11,237$10,157$9,171$8,272$7,455$4,966
11 years$10,111$9,042$8,074$7,199$6,412$4,070
12 years$9,174$8,116$7,165$6,315$5,556$3,357
13 years$8,381$7,334$6,402$5,575$4,845$2,783
14 years$7,703$6,667$5,752$4,949$4,247$2,317
15 years$7,115$6,090$5,193$4,413$3,740$1,936
16 years$6,601$5,588$4,708$3,952$3,305$1,621
17 years$6,148$5,146$4,284$3,551$2,930$1,361
18 years$5,746$4,755$3,911$3,200$2,606$1,145
19 years$5,387$4,407$3,580$2,891$2,322$965
20 years$5,064$4,095$3,286$2,619$2,074$814
21 years$4,772$3,815$3,022$2,377$1,856$687
22 years$4,507$3,561$2,786$2,161$1,664$581
23 years$4,266$3,330$2,572$1,968$1,494$492
24 years$4,045$3,120$2,379$1,795$1,343$416
25 years$3,841$2,928$2,203$1,639$1,208$352
26 years$3,654$2,752$2,043$1,499$1,088$299
27 years$3,481$2,590$1,897$1,372$981$253
28 years$3,321$2,441$1,764$1,257$885$215
29 years$3,172$2,302$1,641$1,153$799$182
30 years$3,033$2,174$1,529$1,058$722$155
31 years$2,903$2,055$1,425$972$653$131
32 years$2,782$1,945$1,330$893$591$111
33 years$2,668$1,842$1,242$821$535$95
34 years$2,562$1,746$1,160$755$484$80
35 years$2,461$1,656$1,085$695$438$68
36 years$2,366$1,572$1,015$640$397$58
37 years$2,277$1,493$950$590$360$49
38 years$2,193$1,418$889$544$326$42
39 years$2,113$1,349$833$502$296$35
40 years$2,037$1,283$781$463$268$30
41 years$1,965$1,222$732$427$244$26
42 years$1,897$1,163$687$394$221$22
43 years$1,832$1,108$645$364$201$18
44 years$1,770$1,057$605$336$182$16
45 years$1,711$1,008$568$310$165$13
46 years$1,655$961$534$286$150$11
47 years$1,602$917$501$265$136$10
48 years$1,551$876$471$244$124$8
49 years$1,502$836$443$226$112$7
50 years$1,455$799$416$209$102$6

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 $3,256 every year, while hoping to spend $54,363 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: 71/11/18 Blend
40$1,490,000$1,490,000$1,490,000$1,490,000
41$1,645,339$1,566,369$1,543,274$1,754,903
42$1,755,321$1,585,279$1,537,131$1,847,126
43$1,874,700$1,603,294$1,528,961$1,941,242
44$2,004,376$1,620,312$1,518,638$2,042,904
45$2,145,341$1,636,225$1,506,031$2,152,851
46$2,298,684$1,650,919$1,491,002$2,271,897
47$2,465,606$1,664,270$1,473,406$2,400,940
48$2,647,426$1,676,147$1,453,093$2,540,970
49$2,845,597$1,686,412$1,429,905$2,693,077
50$3,061,717$1,694,915$1,403,677$2,858,466
51$3,297,547$1,701,501$1,374,235$3,038,463
52$3,555,023$1,706,000$1,341,397$3,234,529
53$3,836,276$1,708,236$1,304,976$3,448,278
54$4,143,655$1,708,018$1,264,771$3,681,488
55$4,479,743$1,705,146$1,220,576$3,936,119
56$4,847,385$1,699,406$1,172,173$4,214,331
57$5,249,714$1,690,573$1,119,337$4,518,509
58$5,690,179$1,678,405$1,061,829$4,851,279
59$6,172,579$1,662,649$999,402$5,215,537
60$6,701,097$1,643,033$931,796$5,614,479
61$7,280,339$1,619,272$858,742$6,051,625
62$7,915,380$1,591,063$779,956$6,530,857
63$8,611,807$1,558,083$695,143$7,056,456
64$9,375,775$1,519,992$603,993$7,633,141
65$10,214,062$1,476,431$506,186$8,266,114
66$11,134,137$1,427,016$401,383$8,961,112
67$12,144,224$1,371,345$289,234$9,724,459
68$13,253,383$1,308,989$169,372$10,563,126
69$14,471,596$1,239,498$41,414$11,484,800
70$15,809,857$1,162,391$0$12,497,953
71$17,280,279$1,077,165$0$13,630,200
72$18,896,205$983,284$0$14,883,243
73$20,672,336$880,182$0$16,260,554
74$22,624,866$767,263$0$17,774,736
75$24,771,640$643,896$0$19,439,677
76$27,132,313$509,414$0$21,270,679
77$29,728,546$363,111$0$23,284,607
78$32,584,199$204,245$0$25,500,044
79$35,725,564$32,030$0$27,937,471
80$39,181,609$0$0$30,619,454
81$42,984,249$0$0$33,589,551
82$47,168,651$0$0$36,862,182
83$51,773,562$0$0$40,463,786
84$56,841,676$0$0$44,427,766
85$62,420,035$0$0$48,790,927
86$68,560,473$0$0$53,593,824
87$75,320,103$0$0$58,881,142
88$82,761,859$0$0$64,702,120
89$90,955,086$0$0$71,111,014
90$99,976,195$0$0$78,167,607
91$109,909,384$0$0$85,937,776
92$120,847,430$0$0$94,494,109
93$132,892,565$0$0$103,916,595
94$146,157,444$0$0$114,293,374
95$160,766,200$0$0$125,721,568
96$176,855,622$0$0$138,308,202
97$194,576,439$0$0$152,171,208
98$214,094,748$0$0$167,440,540
99$235,593,577$0$0$184,259,403
100$259,274,614$0$0$202,785,598