Can I retire at age 41 with 460,000?

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 $460,000?

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$37,986$37,648$37,318$36,996$36,681$36,044
2 years$18,805$18,455$18,115$17,786$17,467$16,827
3 years$12,412$12,060$11,722$11,396$11,082$10,459
4 years$9,216$8,866$8,531$8,210$7,904$7,303
5 years$7,299$6,951$6,620$6,306$6,008$5,431
6 years$6,022$5,676$5,350$5,043$4,754$4,202
7 years$5,110$4,767$4,446$4,146$3,866$3,338
8 years$4,426$4,086$3,770$3,478$3,208$2,704
9 years$3,894$3,557$3,247$2,963$2,701$2,222
10 years$3,469$3,136$2,831$2,554$2,302$1,846
11 years$3,122$2,792$2,493$2,223$1,979$1,547
12 years$2,832$2,506$2,212$1,949$1,715$1,306
13 years$2,588$2,264$1,976$1,721$1,496$1,108
14 years$2,378$2,058$1,776$1,528$1,311$945
15 years$2,197$1,880$1,603$1,363$1,154$809
16 years$2,038$1,725$1,454$1,220$1,020$695
17 years$1,898$1,589$1,323$1,096$905$598
18 years$1,774$1,468$1,207$988$804$516
19 years$1,663$1,361$1,105$893$717$446
20 years$1,563$1,264$1,014$808$640$387
21 years$1,473$1,178$933$734$573$336
22 years$1,391$1,099$860$667$514$291
23 years$1,317$1,028$794$608$461$253
24 years$1,249$963$734$554$414$221
25 years$1,186$904$680$506$373$192
26 years$1,128$850$631$463$336$167
27 years$1,075$800$586$424$303$146
28 years$1,025$753$545$388$273$127
29 years$979$711$507$356$247$111
30 years$936$671$472$327$223$97
31 years$896$635$440$300$202$85
32 years$859$600$411$276$182$74
33 years$824$569$383$253$165$65
34 years$791$539$358$233$149$57
35 years$760$511$335$215$135$50
36 years$731$485$313$198$123$43
37 years$703$461$293$182$111$38
38 years$677$438$275$168$101$33
39 years$652$416$257$155$91$29
40 years$629$396$241$143$83$25
41 years$607$377$226$132$75$22
42 years$586$359$212$122$68$19
43 years$566$342$199$112$62$17
44 years$547$326$187$104$56$15
45 years$528$311$175$96$51$13
46 years$511$297$165$88$46$11
47 years$495$283$155$82$42$10
48 years$479$270$145$75$38$9
49 years$464$258$137$70$35$8
50 years$449$247$129$64$32$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $460,000, adding $3,546 every year, while hoping to spend $35,639 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: 36/50/14 Blend
40$460,000$460,000$460,000$460,000
41$510,578$486,198$479,068$526,642
42$524,737$472,102$457,197$524,442
43$539,146$456,121$433,399$518,412
44$553,793$438,124$407,572$511,128
45$568,663$417,975$379,608$502,496
46$583,738$395,528$349,397$492,419
47$598,999$370,629$316,821$480,789
48$614,422$343,115$281,760$467,495
49$629,979$312,813$244,085$452,418
50$645,639$279,543$203,664$435,430
51$661,366$243,112$160,358$416,395
52$677,117$203,317$114,022$395,171
53$692,846$159,943$64,505$371,605
54$708,500$112,763$11,649$345,532
55$724,017$61,539$0$316,780
56$739,330$6,017$0$291,851
57$754,360$0$0$266,153
58$769,021$0$0$267,512
59$783,216$0$0$271,960
60$796,835$0$0$276,142
61$809,756$0$0$280,008
62$821,842$0$0$283,504
63$832,939$0$0$286,566
64$842,877$0$0$289,127
65$851,465$0$0$291,108
66$858,492$0$0$292,426
67$863,721$0$0$292,983
68$866,890$0$0$292,676
69$867,707$0$0$291,386
70$865,848$0$0$288,984
71$860,952$0$0$285,324
72$852,621$0$0$280,248
73$840,412$0$0$273,577
74$823,833$0$0$265,115
75$802,341$0$0$254,645
76$775,332$0$0$241,924
77$742,140$0$0$226,688
78$702,026$0$0$208,640
79$654,171$0$0$187,455
80$597,673$0$0$162,770
81$531,530$0$0$134,189
82$454,637$0$0$101,268
83$365,771$0$0$63,522
84$263,580$0$0$20,411
85$146,572$0$0$0
86$13,096$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