Can I retire at age 41 with 520,000?

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 $520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$42,941$42,559$42,185$41,821$41,466$40,728
2 years$21,258$20,862$20,478$20,106$19,745$19,005
3 years$14,031$13,634$13,251$12,882$12,527$11,807
4 years$10,419$10,022$9,643$9,281$8,935$8,240
5 years$8,251$7,857$7,484$7,129$6,792$6,125
6 years$6,807$6,416$6,048$5,701$5,374$4,736
7 years$5,776$5,388$5,026$4,687$4,371$3,761
8 years$5,003$4,619$4,262$3,932$3,626$3,044
9 years$4,402$4,021$3,671$3,349$3,054$2,500
10 years$3,922$3,545$3,201$2,887$2,602$2,076
11 years$3,529$3,156$2,818$2,512$2,238$1,738
12 years$3,202$2,832$2,501$2,204$1,939$1,466
13 years$2,925$2,560$2,234$1,946$1,691$1,244
14 years$2,688$2,327$2,007$1,727$1,482$1,060
15 years$2,483$2,125$1,812$1,540$1,305$906
16 years$2,304$1,950$1,643$1,379$1,153$778
17 years$2,146$1,796$1,495$1,239$1,023$669
18 years$2,005$1,660$1,365$1,117$909$577
19 years$1,880$1,538$1,250$1,009$811$499
20 years$1,767$1,429$1,147$914$724$432
21 years$1,665$1,331$1,055$829$648$374
22 years$1,573$1,243$972$754$581$325
23 years$1,489$1,162$898$687$521$282
24 years$1,412$1,089$830$626$469$246
25 years$1,341$1,022$769$572$422$214
26 years$1,275$960$713$523$380$186
27 years$1,215$904$662$479$342$162
28 years$1,159$852$616$439$309$141
29 years$1,107$804$573$402$279$123
30 years$1,058$759$534$369$252$108
31 years$1,013$717$497$339$228$94
32 years$971$679$464$312$206$82
33 years$931$643$433$287$187$72
34 years$894$609$405$264$169$63
35 years$859$578$379$243$153$55
36 years$826$548$354$224$139$48
37 years$795$521$331$206$126$42
38 years$765$495$310$190$114$36
39 years$737$471$291$175$103$32
40 years$711$448$273$161$94$28
41 years$686$426$256$149$85$24
42 years$662$406$240$137$77$21
43 years$639$387$225$127$70$19
44 years$618$369$211$117$64$16
45 years$597$352$198$108$58$14
46 years$578$335$186$100$52$12
47 years$559$320$175$92$48$11
48 years$541$306$164$85$43$10
49 years$524$292$155$79$39$8
50 years$508$279$145$73$36$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $520,000, adding $2,645 every year, while hoping to spend $20,928 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: 47/32/21 Blend
40$520,000$520,000$520,000$520,000
41$575,768$548,208$540,148$599,274
42$612,229$552,803$535,976$620,562
43$651,708$556,922$530,963$641,354
44$694,490$560,519$525,058$663,489
45$740,890$563,546$518,209$687,104
46$791,252$565,951$510,360$712,347
47$845,958$567,681$501,455$739,385
48$905,424$568,676$491,432$768,401
49$970,111$568,875$480,229$799,600
50$1,040,525$568,212$467,779$833,207
51$1,117,221$566,617$454,013$869,472
52$1,200,814$564,018$438,858$908,672
53$1,291,977$560,334$422,240$951,113
54$1,391,451$555,483$404,078$997,134
55$1,500,054$549,377$384,290$1,047,112
56$1,618,686$541,922$362,789$1,101,461
57$1,748,334$533,019$339,485$1,160,642
58$1,890,090$522,563$314,284$1,225,162
59$2,045,153$510,443$287,086$1,295,585
60$2,214,844$496,540$257,789$1,372,534
61$2,400,618$480,730$226,284$1,456,695
62$2,604,076$462,881$192,460$1,548,831
63$2,826,983$442,853$156,198$1,649,782
64$3,071,281$420,498$117,377$1,760,479
65$3,339,109$395,660$75,867$1,881,950
66$3,632,825$368,174$31,535$2,015,330
67$3,955,023$337,865$0$2,161,875
68$4,308,562$304,547$0$2,326,507
69$4,696,591$268,026$0$2,514,993
70$5,122,579$228,094$0$2,721,988
71$5,590,346$184,535$0$2,949,396
72$6,104,101$137,117$0$3,199,321
73$6,668,481$85,597$0$3,474,081
74$7,288,592$29,718$0$3,776,236
75$7,970,063$0$0$4,108,608
76$8,719,092$0$0$4,485,154
77$9,542,509$0$0$4,910,664
78$10,447,837$0$0$5,378,569
79$11,443,366$0$0$5,893,160
80$12,538,230$0$0$6,459,169
81$13,742,490$0$0$7,081,805
82$15,067,234$0$0$7,766,809
83$16,524,676$0$0$8,520,508
84$18,128,276$0$0$9,349,870
85$19,892,863$0$0$10,262,577
86$21,834,776$0$0$11,267,088
87$23,972,018$0$0$12,372,728
88$26,324,428$0$0$13,589,769
89$28,913,862$0$0$14,929,533
90$31,764,404$0$0$16,404,490
91$34,902,595$0$0$18,028,386
92$38,357,674$0$0$19,816,365
93$42,161,865$0$0$21,785,113
94$46,350,672$0$0$23,953,019
95$50,963,218$0$0$26,340,345
96$56,042,615$0$0$28,969,418
97$61,636,366$0$0$31,864,841
98$67,796,818$0$0$35,053,724
99$74,581,653$0$0$38,565,941
100$82,054,433$0$0$42,434,412