Can I retire at age 41 with 380,000?

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 $380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$31,380$31,101$30,828$30,562$30,302$30,111
2 years$15,535$15,245$14,965$14,693$14,429$14,237
3 years$10,254$9,963$9,683$9,414$9,155$8,966
4 years$7,614$7,324$7,047$6,782$6,529$6,347
5 years$6,030$5,742$5,469$5,209$4,963$4,787
6 years$4,975$4,689$4,420$4,166$3,927$3,758
7 years$4,221$3,938$3,673$3,425$3,194$3,031
8 years$3,656$3,375$3,115$2,873$2,650$2,493
9 years$3,217$2,939$2,683$2,447$2,231$2,081
10 years$2,866$2,590$2,339$2,110$1,901$1,758
11 years$2,579$2,306$2,059$1,836$1,635$1,498
12 years$2,340$2,070$1,827$1,610$1,417$1,286
13 years$2,138$1,871$1,633$1,422$1,236$1,111
14 years$1,964$1,700$1,467$1,262$1,083$964
15 years$1,815$1,553$1,324$1,126$954$841
16 years$1,684$1,425$1,201$1,008$843$736
17 years$1,568$1,312$1,093$906$747$646
18 years$1,466$1,213$997$816$665$568
19 years$1,374$1,124$913$737$592$501
20 years$1,291$1,044$838$668$529$443
21 years$1,217$973$771$606$473$392
22 years$1,149$908$710$551$424$347
23 years$1,088$849$656$502$381$308
24 years$1,031$796$607$458$342$274
25 years$980$747$562$418$308$244
26 years$932$702$521$382$278$217
27 years$888$661$484$350$250$193
28 years$847$622$450$321$226$173
29 years$809$587$419$294$204$154
30 years$774$555$390$270$184$137
31 years$740$524$364$248$167$123
32 years$710$496$339$228$151$110
33 years$681$470$317$209$136$98
34 years$653$445$296$193$123$88
35 years$628$422$277$177$112$78
36 years$604$401$259$163$101$70
37 years$581$381$242$150$92$63
38 years$559$362$227$139$83$56
39 years$539$344$213$128$75$50
40 years$520$327$199$118$68$45
41 years$501$312$187$109$62$40
42 years$484$297$175$100$56$36
43 years$467$283$164$93$51$32
44 years$451$269$154$86$46$29
45 years$436$257$145$79$42$26
46 years$422$245$136$73$38$23
47 years$409$234$128$67$35$21
48 years$395$223$120$62$32$19
49 years$383$213$113$58$29$17
50 years$371$204$106$53$26$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $380,000, adding $5,334 every year, while hoping to spend $27,626 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: 41/48/11 Blend
40$380,000$380,000$380,000$380,000
41$424,262$404,122$398,232$440,067
42$438,143$394,530$382,179$442,092
43$452,514$383,542$364,662$441,125
44$467,395$371,061$345,604$439,464
45$482,810$356,983$324,921$437,057
46$498,780$341,199$302,530$433,849
47$515,331$323,594$278,340$429,785
48$532,489$304,044$252,259$424,804
49$550,282$282,421$224,189$418,841
50$568,740$258,589$194,028$411,831
51$587,894$232,402$161,670$403,703
52$607,777$203,707$127,004$394,382
53$628,425$172,344$89,914$383,790
54$649,878$138,142$50,279$371,845
55$672,175$100,921$7,973$358,461
56$695,361$60,490$0$343,547
57$719,483$16,649$0$331,370
58$744,590$0$0$318,749
59$770,738$0$0$320,935
60$797,984$0$0$332,386
61$826,391$0$0$344,334
62$856,027$0$0$356,808
63$886,963$0$0$369,842
64$919,280$0$0$383,470
65$953,060$0$0$397,729
66$988,397$0$0$412,659
67$1,025,389$0$0$428,304
68$1,064,144$0$0$444,712
69$1,104,778$0$0$461,934
70$1,147,417$0$0$480,027
71$1,192,199$0$0$499,051
72$1,239,273$0$0$519,072
73$1,288,801$0$0$540,163
74$1,340,959$0$0$562,402
75$1,395,939$0$0$585,873
76$1,453,951$0$0$610,672
77$1,515,221$0$0$636,898
78$1,580,000$0$0$664,664
79$1,648,559$0$0$694,090
80$1,721,193$0$0$725,308
81$1,798,228$0$0$758,465
82$1,880,016$0$0$793,717
83$1,966,946$0$0$831,238
84$2,059,439$0$0$871,219
85$2,157,962$0$0$913,866
86$2,263,019$0$0$959,407
87$2,375,169$0$0$1,008,092
88$2,495,019$0$0$1,060,193
89$2,623,238$0$0$1,116,011
90$2,760,558$0$0$1,175,875
91$2,907,782$0$0$1,240,144
92$3,065,790$0$0$1,309,215
93$3,235,549$0$0$1,383,523
94$3,418,121$0$0$1,463,544
95$3,614,671$0$0$1,549,803
96$3,826,477$0$0$1,642,875
97$4,054,946$0$0$1,743,393
98$4,301,621$0$0$1,852,051
99$4,568,198$0$0$1,969,613
100$4,856,542$0$0$2,096,920