Can I retire at age 41 with 390,000?

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 $390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$32,206$31,919$31,639$31,366$31,099$30,571
2 years$15,943$15,647$15,359$15,080$14,809$14,279
3 years$10,523$10,225$9,938$9,662$9,396$8,880
4 years$7,814$7,517$7,232$6,961$6,701$6,203
5 years$6,189$5,893$5,613$5,347$5,094$4,616
6 years$5,105$4,812$4,536$4,276$4,031$3,573
7 years$4,332$4,041$3,769$3,515$3,278$2,840
8 years$3,752$3,464$3,197$2,949$2,719$2,302
9 years$3,302$3,016$2,753$2,512$2,290$1,892
10 years$2,941$2,659$2,400$2,165$1,951$1,573
11 years$2,647$2,367$2,113$1,884$1,678$1,319
12 years$2,401$2,124$1,875$1,653$1,454$1,114
13 years$2,194$1,920$1,676$1,459$1,268$946
14 years$2,016$1,745$1,506$1,295$1,112$807
15 years$1,862$1,594$1,359$1,155$979$692
16 years$1,728$1,463$1,232$1,034$865$594
17 years$1,609$1,347$1,121$929$767$512
18 years$1,504$1,245$1,024$838$682$442
19 years$1,410$1,154$937$757$608$383
20 years$1,325$1,072$860$685$543$332
21 years$1,249$998$791$622$486$288
22 years$1,180$932$729$566$436$250
23 years$1,117$872$673$515$391$218
24 years$1,059$817$623$470$351$190
25 years$1,005$766$577$429$316$165
26 years$956$720$535$392$285$144
27 years$911$678$497$359$257$126
28 years$869$639$462$329$232$110
29 years$830$603$430$302$209$96
30 years$794$569$400$277$189$84
31 years$760$538$373$254$171$73
32 years$728$509$348$234$155$64
33 years$698$482$325$215$140$56
34 years$670$457$304$198$127$49
35 years$644$433$284$182$115$43
36 years$619$411$266$168$104$38
37 years$596$391$249$154$94$33
38 years$574$371$233$142$85$29
39 years$553$353$218$131$77$25
40 years$533$336$204$121$70$22
41 years$514$320$192$112$64$19
42 years$497$305$180$103$58$17
43 years$480$290$169$95$52$15
44 years$463$277$158$88$48$13
45 years$448$264$149$81$43$11
46 years$433$252$140$75$39$10
47 years$419$240$131$69$36$9
48 years$406$229$123$64$32$8
49 years$393$219$116$59$29$7
50 years$381$209$109$55$27$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $390,000, adding $3,375 every year, while hoping to spend $33,894 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: 51/25/24 Blend
40$390,000$390,000$390,000$390,000
41$433,261$412,591$406,546$452,292
42$441,391$396,745$384,103$449,998
43$449,214$378,987$359,771$443,784
44$456,663$359,187$333,453$436,335
45$463,663$337,207$305,044$427,546
46$470,131$312,904$274,437$417,306
47$475,972$286,125$241,518$405,493
48$481,083$256,706$206,171$391,979
49$485,346$224,478$168,270$376,621
50$488,633$189,259$127,689$359,268
51$490,799$150,858$84,292$339,757
52$491,684$109,074$37,940$317,908
53$491,111$63,693$0$293,530
54$488,882$14,491$0$269,367
55$484,776$0$0$252,802
56$478,552$0$0$244,573
57$469,940$0$0$238,965
58$458,640$0$0$231,822
59$444,322$0$0$222,957
60$426,618$0$0$212,165
61$405,124$0$0$199,215
62$379,389$0$0$183,855
63$348,918$0$0$165,804
64$313,159$0$0$144,752
65$271,505$0$0$120,358
66$223,284$0$0$92,241
67$167,754$0$0$59,985
68$104,093$0$0$23,126
69$31,394$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0