Can I retire at age 41 with 510,000?

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 $510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$42,115$41,740$41,374$41,017$40,668$39,366
2 years$20,849$20,461$20,085$19,720$19,366$18,066
3 years$13,761$13,371$12,996$12,635$12,286$11,030
4 years$10,218$9,829$9,458$9,103$8,763$7,559
5 years$8,093$7,706$7,340$6,992$6,661$5,513
6 years$6,676$6,293$5,932$5,591$5,271$4,180
7 years$5,665$5,285$4,929$4,597$4,287$3,252
8 years$4,907$4,530$4,180$3,856$3,556$2,578
9 years$4,317$3,944$3,600$3,285$2,995$2,071
10 years$3,846$3,477$3,139$2,831$2,552$1,682
11 years$3,461$3,095$2,764$2,464$2,195$1,377
12 years$3,140$2,778$2,453$2,161$1,902$1,134
13 years$2,869$2,510$2,191$1,908$1,658$939
14 years$2,637$2,282$1,969$1,694$1,454$781
15 years$2,435$2,085$1,778$1,511$1,280$651
16 years$2,259$1,913$1,612$1,353$1,131$545
17 years$2,104$1,761$1,466$1,215$1,003$457
18 years$1,967$1,628$1,339$1,095$892$383
19 years$1,844$1,508$1,226$990$795$323
20 years$1,733$1,402$1,125$896$710$272
21 years$1,633$1,306$1,035$813$635$229
22 years$1,543$1,219$953$740$570$193
23 years$1,460$1,140$880$674$511$163
24 years$1,384$1,068$814$614$460$138
25 years$1,315$1,002$754$561$414$117
26 years$1,251$942$699$513$372$99
27 years$1,192$887$649$470$336$84
28 years$1,137$835$604$430$303$71
29 years$1,086$788$562$395$274$60
30 years$1,038$744$523$362$247$51
31 years$994$704$488$333$224$43
32 years$952$666$455$306$202$36
33 years$913$630$425$281$183$31
34 years$877$598$397$259$166$26
35 years$842$567$371$238$150$22
36 years$810$538$347$219$136$19
37 years$779$511$325$202$123$16
38 years$751$486$304$186$112$14
39 years$723$462$285$172$101$11
40 years$697$439$267$158$92$10
41 years$673$418$251$146$83$8
42 years$649$398$235$135$76$7
43 years$627$379$221$124$69$6
44 years$606$362$207$115$62$5
45 years$586$345$194$106$57$4
46 years$567$329$183$98$51$4
47 years$548$314$172$91$47$3
48 years$531$300$161$84$42$3
49 years$514$286$152$77$38$2
50 years$498$273$143$71$35$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $510,000, adding $6,582 every year, while hoping to spend $35,198 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: 71/21/8 Blend
40$510,000$510,000$510,000$510,000
41$568,809$541,779$533,874$607,957
42$589,377$530,876$514,309$623,808
43$610,864$518,259$492,908$636,172
44$633,325$503,807$469,573$648,737
45$656,822$487,391$444,202$661,515
46$681,421$468,876$416,686$674,518
47$707,194$448,119$386,913$687,763
48$734,218$424,967$354,764$701,266
49$762,577$399,260$320,118$715,049
50$792,363$370,827$282,845$729,134
51$823,676$339,489$242,812$743,550
52$856,623$305,056$199,879$758,326
53$891,322$267,327$153,898$773,500
54$927,901$226,090$104,717$789,111
55$966,499$181,121$52,178$805,207
56$1,007,269$132,183$0$821,841
57$1,050,376$79,025$0$839,405
58$1,096,002$21,385$0$862,411
59$1,144,344$0$0$886,494
60$1,195,618$0$0$921,235
61$1,250,060$0$0$963,383
62$1,307,929$0$0$1,008,198
63$1,369,507$0$0$1,055,901
64$1,435,104$0$0$1,106,732
65$1,505,057$0$0$1,160,957
66$1,579,738$0$0$1,218,866
67$1,659,553$0$0$1,280,774
68$1,744,948$0$0$1,347,031
69$1,836,410$0$0$1,418,019
70$1,934,477$0$0$1,494,155
71$2,039,735$0$0$1,575,900
72$2,152,830$0$0$1,663,756
73$2,274,469$0$0$1,758,278
74$2,405,430$0$0$1,860,073
75$2,546,566$0$0$1,969,808
76$2,698,815$0$0$2,088,217
77$2,863,207$0$0$2,216,104
78$3,040,875$0$0$2,354,355
79$3,233,062$0$0$2,503,941
80$3,441,135$0$0$2,665,933
81$3,666,598$0$0$2,841,506
82$3,911,104$0$0$3,031,952
83$4,176,471$0$0$3,238,693
84$4,464,698$0$0$3,463,292
85$4,777,984$0$0$3,707,470
86$5,118,749$0$0$3,973,117
87$5,489,655$0$0$4,262,316
88$5,893,630$0$0$4,577,358
89$6,333,897$0$0$4,920,762
90$6,814,003$0$0$5,295,305
91$7,337,853$0$0$5,704,038
92$7,909,744$0$0$6,150,323
93$8,534,405$0$0$6,637,861
94$9,217,045$0$0$7,170,724
95$9,963,396$0$0$7,753,396
96$10,779,771$0$0$8,390,816
97$11,673,119$0$0$9,088,419
98$12,651,094$0$0$9,852,193
99$13,722,122$0$0$10,688,730
100$14,895,485$0$0$11,605,289