Can I retire at age 41 with 410,000?

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 $410,000?

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$33,857$33,556$33,262$32,974$32,694$32,126
2 years$16,761$16,449$16,146$15,853$15,569$14,998
3 years$11,063$10,750$10,448$10,157$9,877$9,322
4 years$8,215$7,902$7,603$7,318$7,045$6,509
5 years$6,506$6,195$5,900$5,621$5,355$4,841
6 years$5,367$5,059$4,768$4,495$4,237$3,745
7 years$4,554$4,248$3,963$3,696$3,446$2,975
8 years$3,945$3,642$3,361$3,100$2,859$2,410
9 years$3,471$3,171$2,894$2,641$2,408$1,980
10 years$3,092$2,795$2,523$2,276$2,051$1,645
11 years$2,782$2,488$2,222$1,981$1,764$1,379
12 years$2,524$2,233$1,972$1,738$1,529$1,164
13 years$2,306$2,018$1,762$1,534$1,333$988
14 years$2,120$1,834$1,583$1,362$1,169$842
15 years$1,958$1,676$1,429$1,214$1,029$721
16 years$1,816$1,538$1,296$1,087$909$619
17 years$1,692$1,416$1,179$977$806$533
18 years$1,581$1,308$1,076$880$717$460
19 years$1,482$1,213$985$796$639$398
20 years$1,393$1,127$904$721$571$345
21 years$1,313$1,050$832$654$511$299
22 years$1,240$980$767$595$458$260
23 years$1,174$916$708$542$411$226
24 years$1,113$859$655$494$369$197
25 years$1,057$806$606$451$332$171
26 years$1,006$757$562$412$299$149
27 years$958$713$522$377$270$130
28 years$914$672$485$346$244$114
29 years$873$634$452$317$220$99
30 years$835$598$421$291$199$87
31 years$799$566$392$267$180$76
32 years$766$535$366$246$163$66
33 years$734$507$342$226$147$58
34 years$705$480$319$208$133$50
35 years$677$456$298$191$121$44
36 years$651$432$279$176$109$39
37 years$627$411$261$162$99$34
38 years$603$390$245$150$90$30
39 years$581$371$229$138$81$26
40 years$561$353$215$127$74$23
41 years$541$336$202$117$67$20
42 years$522$320$189$108$61$17
43 years$504$305$177$100$55$15
44 years$487$291$167$92$50$13
45 years$471$277$156$85$45$12
46 years$455$264$147$79$41$10
47 years$441$252$138$73$37$9
48 years$427$241$130$67$34$8
49 years$413$230$122$62$31$7
50 years$400$220$115$57$28$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $410,000, adding $6,494 every year, while hoping to spend $21,659 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: 34/46/20 Blend
40$410,000$410,000$410,000$410,000
41$458,519$436,789$430,434$471,108
42$482,242$435,146$421,808$479,323
43$507,660$432,697$412,168$485,718
44$534,922$429,380$401,456$492,166
45$564,192$425,127$389,612$498,682
46$595,651$419,870$376,576$505,288
47$629,496$413,533$362,280$512,009
48$665,947$406,038$346,658$518,875
49$705,241$397,301$329,639$525,920
50$747,641$387,234$311,147$533,184
51$793,435$375,744$291,106$540,714
52$842,941$362,731$269,433$548,566
53$896,506$348,090$246,045$556,800
54$954,515$331,711$220,852$565,489
55$1,017,386$313,476$193,762$574,714
56$1,085,585$293,261$164,677$584,570
57$1,159,619$270,935$133,498$595,163
58$1,240,048$246,360$100,119$606,614
59$1,327,489$219,387$64,429$619,060
60$1,422,619$189,863$26,314$632,657
61$1,526,184$157,624$0$647,580
62$1,639,004$122,497$0$667,093
63$1,761,981$84,298$0$694,545
64$1,896,110$42,836$0$724,595
65$2,042,484$0$0$757,552
66$2,202,306$0$0$794,825
67$2,376,903$0$0$859,288
68$2,567,732$0$0$929,802
69$2,776,399$0$0$1,006,969
70$3,004,674$0$0$1,091,450
71$3,254,503$0$0$1,183,974
72$3,528,030$0$0$1,285,343
73$3,827,616$0$0$1,396,441
74$4,155,861$0$0$1,518,241
75$4,515,628$0$0$1,651,814
76$4,910,072$0$0$1,798,341
77$5,342,666$0$0$1,959,122
78$5,817,235$0$0$2,135,589
79$6,337,992$0$0$2,329,320
80$6,909,580$0$0$2,542,053
81$7,537,111$0$0$2,775,701
82$8,226,217$0$0$3,032,374
83$8,983,102$0$0$3,314,394
84$9,814,600$0$0$3,624,321
85$10,728,240$0$0$3,964,974
86$11,732,318$0$0$4,339,459
87$12,835,969$0$0$4,751,198
88$14,049,262$0$0$5,203,962
89$15,383,288$0$0$5,701,904
90$16,850,266$0$0$6,249,602
91$18,463,659$0$0$6,852,096
92$20,238,300$0$0$7,514,944
93$22,190,532$0$0$8,244,266
94$24,338,361$0$0$9,046,807
95$26,701,627$0$0$9,929,998
96$29,302,190$0$0$10,902,028
97$32,164,136$0$0$11,971,919
98$35,314,004$0$0$13,149,613
99$38,781,035$0$0$14,446,062
100$42,597,452$0$0$15,873,338