Can I retire at age 41 with 390,000?

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 $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%11.4%
1 years$32,206$31,919$31,639$31,366$31,099$30,916
2 years$15,943$15,647$15,359$15,080$14,809$14,624
3 years$10,523$10,225$9,938$9,662$9,396$9,215
4 years$7,814$7,517$7,232$6,961$6,701$6,526
5 years$6,189$5,893$5,613$5,347$5,094$4,925
6 years$5,105$4,812$4,536$4,276$4,031$3,868
7 years$4,332$4,041$3,769$3,515$3,278$3,121
8 years$3,752$3,464$3,197$2,949$2,719$2,569
9 years$3,302$3,016$2,753$2,512$2,290$2,146
10 years$2,941$2,659$2,400$2,165$1,951$1,814
11 years$2,647$2,367$2,113$1,884$1,678$1,547
12 years$2,401$2,124$1,875$1,653$1,454$1,329
13 years$2,194$1,920$1,676$1,459$1,268$1,148
14 years$2,016$1,745$1,506$1,295$1,112$998
15 years$1,862$1,594$1,359$1,155$979$870
16 years$1,728$1,463$1,232$1,034$865$762
17 years$1,609$1,347$1,121$929$767$669
18 years$1,504$1,245$1,024$838$682$589
19 years$1,410$1,154$937$757$608$520
20 years$1,325$1,072$860$685$543$460
21 years$1,249$998$791$622$486$407
22 years$1,180$932$729$566$436$361
23 years$1,117$872$673$515$391$321
24 years$1,059$817$623$470$351$286
25 years$1,005$766$577$429$316$254
26 years$956$720$535$392$285$227
27 years$911$678$497$359$257$202
28 years$869$639$462$329$232$180
29 years$830$603$430$302$209$161
30 years$794$569$400$277$189$144
31 years$760$538$373$254$171$129
32 years$728$509$348$234$155$115
33 years$698$482$325$215$140$103
34 years$670$457$304$198$127$92
35 years$644$433$284$182$115$82
36 years$619$411$266$168$104$74
37 years$596$391$249$154$94$66
38 years$574$371$233$142$85$59
39 years$553$353$218$131$77$53
40 years$533$336$204$121$70$48
41 years$514$320$192$112$64$43
42 years$497$305$180$103$58$38
43 years$480$290$169$95$52$34
44 years$463$277$158$88$48$31
45 years$448$264$149$81$43$28
46 years$433$252$140$75$39$25
47 years$419$240$131$69$36$22
48 years$406$229$123$64$32$20
49 years$393$219$116$59$29$18
50 years$381$209$109$55$27$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $390,000, adding $3,807 every year, while hoping to spend $27,511 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: 38/42/20 Blend
40$390,000$390,000$390,000$390,000
41$433,707$413,037$406,992$447,461
42$448,674$404,004$391,355$448,709
43$464,245$393,607$374,271$447,178
44$480,453$381,749$355,665$444,958
45$497,334$368,329$335,454$442,002
46$514,924$353,239$313,554$438,260
47$533,265$336,367$289,877$433,681
48$552,399$317,590$264,329$428,212
49$572,375$296,784$236,816$421,796
50$593,243$273,812$207,234$414,375
51$615,058$248,532$175,481$405,887
52$637,879$220,795$141,444$396,268
53$661,770$190,442$105,010$385,452
54$686,801$157,304$66,058$373,369
55$713,047$121,205$24,464$359,946
56$740,591$81,957$0$345,109
57$769,521$39,362$0$333,031
58$799,934$0$0$325,227
59$831,934$0$0$319,555
60$865,636$0$0$332,760
61$901,164$0$0$346,701
62$938,653$0$0$361,434
63$978,253$0$0$377,020
64$1,020,123$0$0$393,526
65$1,064,439$0$0$411,023
66$1,111,394$0$0$429,593
67$1,161,197$0$0$449,320
68$1,214,078$0$0$470,301
69$1,270,288$0$0$492,639
70$1,330,102$0$0$516,448
71$1,393,818$0$0$541,853
72$1,461,768$0$0$568,990
73$1,534,310$0$0$598,009
74$1,611,840$0$0$629,074
75$1,694,790$0$0$662,364
76$1,783,636$0$0$698,078
77$1,878,897$0$0$736,431
78$1,981,144$0$0$777,661
79$2,091,005$0$0$822,030
80$2,209,167$0$0$869,823
81$2,336,384$0$0$921,355
82$2,473,488$0$0$976,972
83$2,621,388$0$0$1,037,053
84$2,781,085$0$0$1,102,017
85$2,953,679$0$0$1,172,321
86$3,140,379$0$0$1,248,469
87$3,342,513$0$0$1,331,017
88$3,561,542$0$0$1,420,574
89$3,799,072$0$0$1,517,810
90$4,056,869$0$0$1,623,463
91$4,336,876$0$0$1,738,344
92$4,641,228$0$0$1,863,345
93$4,972,278$0$0$1,999,448
94$5,332,610$0$0$2,147,734
95$5,725,071$0$0$2,309,393
96$6,152,791$0$0$2,485,732
97$6,619,217$0$0$2,678,192
98$7,128,143$0$0$2,888,359
99$7,683,742$0$0$3,117,978
100$8,290,611$0$0$3,368,971