Can I retire at age 41 with 380,000?

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 $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%14.2%
1 years$31,380$31,101$30,828$30,562$30,302$29,775
2 years$15,535$15,245$14,965$14,693$14,429$13,901
3 years$10,254$9,963$9,683$9,414$9,155$8,640
4 years$7,614$7,324$7,047$6,782$6,529$6,033
5 years$6,030$5,742$5,469$5,209$4,963$4,487
6 years$4,975$4,689$4,420$4,166$3,927$3,471
7 years$4,221$3,938$3,673$3,425$3,194$2,758
8 years$3,656$3,375$3,115$2,873$2,650$2,234
9 years$3,217$2,939$2,683$2,447$2,231$1,835
10 years$2,866$2,590$2,339$2,110$1,901$1,525
11 years$2,579$2,306$2,059$1,836$1,635$1,278
12 years$2,340$2,070$1,827$1,610$1,417$1,079
13 years$2,138$1,871$1,633$1,422$1,236$915
14 years$1,964$1,700$1,467$1,262$1,083$781
15 years$1,815$1,553$1,324$1,126$954$668
16 years$1,684$1,425$1,201$1,008$843$574
17 years$1,568$1,312$1,093$906$747$494
18 years$1,466$1,213$997$816$665$426
19 years$1,374$1,124$913$737$592$369
20 years$1,291$1,044$838$668$529$319
21 years$1,217$973$771$606$473$277
22 years$1,149$908$710$551$424$241
23 years$1,088$849$656$502$381$209
24 years$1,031$796$607$458$342$182
25 years$980$747$562$418$308$159
26 years$932$702$521$382$278$138
27 years$888$661$484$350$250$121
28 years$847$622$450$321$226$105
29 years$809$587$419$294$204$92
30 years$774$555$390$270$184$80
31 years$740$524$364$248$167$70
32 years$710$496$339$228$151$61
33 years$681$470$317$209$136$54
34 years$653$445$296$193$123$47
35 years$628$422$277$177$112$41
36 years$604$401$259$163$101$36
37 years$581$381$242$150$92$31
38 years$559$362$227$139$83$27
39 years$539$344$213$128$75$24
40 years$520$327$199$118$68$21
41 years$501$312$187$109$62$18
42 years$484$297$175$100$56$16
43 years$467$283$164$93$51$14
44 years$451$269$154$86$46$12
45 years$436$257$145$79$42$11
46 years$422$245$136$73$38$9
47 years$409$234$128$67$35$8
48 years$395$223$120$62$32$7
49 years$383$213$113$58$29$6
50 years$371$204$106$53$26$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $380,000, adding $2,372 every year, while hoping to spend $24,513 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: 72/7/21 Blend
40$380,000$380,000$380,000$380,000
41$421,207$401,067$395,177$449,214
42$438,088$394,637$382,333$461,743
43$455,870$387,071$368,238$472,306
44$474,618$378,287$352,824$483,262
45$494,404$368,198$336,019$494,646
46$515,307$356,714$317,749$506,499
47$537,412$343,736$297,937$518,863
48$560,812$329,163$276,502$531,787
49$585,609$312,887$253,359$545,328
50$611,915$294,792$228,420$559,544
51$639,851$274,757$201,593$574,504
52$669,550$252,655$172,781$590,284
53$701,159$228,349$141,883$606,967
54$734,836$201,697$108,795$624,646
55$770,756$172,547$73,407$643,425
56$809,110$140,739$35,603$663,420
57$850,108$106,104$0$684,758
58$893,980$68,464$0$708,643
59$940,977$27,630$0$742,755
60$991,376$0$0$779,310
61$1,045,479$0$0$819,813
62$1,103,621$0$0$865,639
63$1,166,165$0$0$914,949
64$1,233,513$0$0$968,060
65$1,306,105$0$0$1,025,321
66$1,384,424$0$0$1,087,117
67$1,469,003$0$0$1,153,868
68$1,560,425$0$0$1,226,037
69$1,659,332$0$0$1,304,134
70$1,766,429$0$0$1,388,717
71$1,882,492$0$0$1,480,402
72$2,008,374$0$0$1,579,864
73$2,145,013$0$0$1,687,849
74$2,293,441$0$0$1,805,173
75$2,454,791$0$0$1,932,737
76$2,630,313$0$0$2,071,531
77$2,821,380$0$0$2,222,644
78$3,029,503$0$0$2,387,275
79$3,256,346$0$0$2,566,743
80$3,503,738$0$0$2,762,499
81$3,773,694$0$0$2,976,142
82$4,068,432$0$0$3,209,430
83$4,390,393$0$0$3,464,299
84$4,742,264$0$0$3,742,882
85$5,127,003$0$0$4,047,525
86$5,547,868$0$0$4,380,812
87$6,008,445$0$0$4,745,589
88$6,512,684$0$0$5,144,987
89$7,064,933$0$0$5,582,457
90$7,669,983$0$0$6,061,798
91$8,333,107$0$0$6,587,196
92$9,060,115$0$0$7,163,257
93$9,857,404$0$0$7,795,058
94$10,732,021$0$0$8,488,189
95$11,691,727$0$0$9,248,807
96$12,745,072$0$0$10,083,695
97$13,901,474$0$0$11,000,324
98$15,171,305$0$0$12,006,924
99$16,565,992$0$0$13,112,562
100$18,098,126$0$0$14,327,223