Can I retire at age 41 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$37,161$36,830$36,507$36,191$35,884$35,362
2 years$18,396$18,054$17,722$17,400$17,087$16,563
3 years$12,142$11,798$11,467$11,148$10,841$10,330
4 years$9,016$8,673$8,345$8,032$7,732$7,238
5 years$7,141$6,800$6,476$6,169$5,878$5,403
6 years$5,891$5,552$5,234$4,933$4,651$4,196
7 years$4,999$4,663$4,349$4,056$3,782$3,347
8 years$4,330$3,997$3,688$3,403$3,138$2,722
9 years$3,810$3,480$3,177$2,898$2,642$2,246
10 years$3,394$3,068$2,770$2,498$2,252$1,874
11 years$3,054$2,731$2,438$2,174$1,936$1,577
12 years$2,771$2,451$2,164$1,907$1,678$1,337
13 years$2,531$2,215$1,933$1,684$1,463$1,140
14 years$2,326$2,013$1,737$1,495$1,283$977
15 years$2,149$1,839$1,568$1,333$1,129$840
16 years$1,994$1,688$1,422$1,193$998$725
17 years$1,857$1,554$1,294$1,072$885$627
18 years$1,735$1,436$1,181$966$787$544
19 years$1,627$1,331$1,081$873$701$473
20 years$1,529$1,237$992$791$627$412
21 years$1,441$1,152$913$718$561$359
22 years$1,361$1,075$841$653$503$314
23 years$1,288$1,006$777$594$451$274
24 years$1,222$942$718$542$405$240
25 years$1,160$884$665$495$365$210
26 years$1,104$831$617$453$329$184
27 years$1,051$782$573$414$296$162
28 years$1,003$737$533$380$267$142
29 years$958$695$496$348$241$125
30 years$916$657$462$319$218$109
31 years$877$621$430$293$197$96
32 years$840$587$402$270$178$84
33 years$806$556$375$248$161$74
34 years$774$527$350$228$146$65
35 years$743$500$328$210$132$57
36 years$715$475$306$193$120$51
37 years$688$451$287$178$109$44
38 years$662$428$269$164$99$39
39 years$638$407$252$151$89$34
40 years$615$388$236$140$81$30
41 years$594$369$221$129$74$27
42 years$573$351$207$119$67$24
43 years$553$335$195$110$61$21
44 years$535$319$183$101$55$18
45 years$517$304$172$94$50$16
46 years$500$290$161$86$45$14
47 years$484$277$151$80$41$12
48 years$468$264$142$74$37$11
49 years$454$253$134$68$34$10
50 years$439$241$126$63$31$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $450,000, adding $2,201 every year, while hoping to spend $23,515 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: 60/20/20 Blend
40$450,000$450,000$450,000$450,000
41$498,170$474,320$467,345$525,327
42$523,964$472,542$457,982$542,193
43$551,600$469,889$447,516$557,808
44$581,243$466,293$435,887$574,312
45$613,070$461,682$423,030$591,797
46$647,279$455,980$408,877$610,361
47$684,085$449,106$393,358$630,116
48$723,724$440,975$376,398$651,186
49$766,458$431,497$357,921$673,708
50$812,571$420,575$337,846$697,833
51$862,378$408,107$316,089$723,731
52$916,223$393,987$292,560$751,589
53$974,486$378,101$267,169$781,614
54$1,037,583$360,327$239,818$814,037
55$1,105,972$340,539$210,408$849,115
56$1,180,158$318,602$178,833$887,129
57$1,260,694$294,373$144,984$928,394
58$1,348,189$267,702$108,746$973,257
59$1,443,315$238,429$69,999$1,022,105
60$1,546,808$206,388$28,619$1,075,363
61$1,659,480$171,398$0$1,133,503
62$1,782,224$133,274$0$1,200,366
63$1,916,022$91,816$0$1,279,946
64$2,061,957$46,814$0$1,366,802
65$2,221,217$0$0$1,461,672
66$2,395,113$0$0$1,565,805
67$2,585,088$0$0$1,690,854
68$2,792,729$0$0$1,827,566
69$3,019,784$0$0$1,977,097
70$3,268,177$0$0$2,140,718
71$3,540,029$0$0$2,319,830
72$3,837,673$0$0$2,515,976
73$4,163,677$0$0$2,730,853
74$4,520,873$0$0$2,966,333
75$4,912,377$0$0$3,224,474
76$5,341,620$0$0$3,507,547
77$5,812,385$0$0$3,818,050
78$6,328,833$0$0$4,158,735
79$6,895,553$0$0$4,532,635
80$7,517,595$0$0$4,943,088
81$8,200,524$0$0$5,393,773
82$8,950,470$0$0$5,888,742
83$9,774,186$0$0$6,432,460
84$10,679,110$0$0$7,029,843
85$11,673,437$0$0$7,686,310
86$12,766,194$0$0$8,407,828
87$13,967,328$0$0$9,200,972
88$15,287,795$0$0$10,072,987
89$16,739,668$0$0$11,031,853
90$18,336,246$0$0$12,086,364
91$20,092,182$0$0$13,246,206
92$22,023,622$0$0$14,522,053
93$24,148,353$0$0$15,925,666
94$26,485,973$0$0$17,470,002
95$29,058,078$0$0$19,169,338
96$31,888,458$0$0$21,039,404
97$35,003,331$0$0$23,097,533
98$38,431,582$0$0$25,362,822
99$42,205,038$0$0$27,856,315
100$46,358,771$0$0$30,601,199