Can I retire at age 41 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$47,070$46,651$46,242$45,842$45,453$44,903
2 years$23,302$22,868$22,447$22,040$21,644$21,091
3 years$15,380$14,945$14,525$14,121$13,732$13,193
4 years$11,420$10,986$10,570$10,173$9,794$9,272
5 years$9,045$8,613$8,203$7,814$7,445$6,943
6 years$7,462$7,033$6,629$6,249$5,891$5,409
7 years$6,331$5,906$5,509$5,138$4,791$4,329
8 years$5,484$5,063$4,672$4,310$3,975$3,533
9 years$4,825$4,408$4,024$3,671$3,347$2,925
10 years$4,299$3,886$3,508$3,164$2,852$2,450
11 years$3,868$3,459$3,089$2,754$2,453$2,070
12 years$3,510$3,105$2,741$2,416$2,126$1,761
13 years$3,206$2,806$2,449$2,133$1,853$1,508
14 years$2,947$2,550$2,200$1,893$1,625$1,297
15 years$2,722$2,330$1,987$1,688$1,431$1,120
16 years$2,525$2,138$1,801$1,512$1,264$971
17 years$2,352$1,969$1,639$1,358$1,121$844
18 years$2,198$1,819$1,496$1,224$997$735
19 years$2,061$1,686$1,370$1,106$888$642
20 years$1,937$1,567$1,257$1,002$794$561
21 years$1,826$1,459$1,156$909$710$492
22 years$1,724$1,362$1,066$827$637$431
23 years$1,632$1,274$984$753$571$379
24 years$1,547$1,194$910$687$514$333
25 years$1,470$1,120$843$627$462$293
26 years$1,398$1,053$782$573$416$258
27 years$1,332$991$726$525$375$227
28 years$1,270$934$675$481$339$201
29 years$1,213$881$628$441$306$177
30 years$1,160$832$585$405$276$156
31 years$1,111$786$545$372$250$138
32 years$1,064$744$509$342$226$122
33 years$1,021$705$475$314$205$108
34 years$980$668$444$289$185$95
35 years$942$633$415$266$168$84
36 years$905$601$388$245$152$74
37 years$871$571$363$226$138$66
38 years$839$543$340$208$125$58
39 years$808$516$319$192$113$51
40 years$779$491$299$177$103$46
41 years$752$467$280$163$93$40
42 years$726$445$263$151$85$36
43 years$701$424$247$139$77$32
44 years$677$404$231$128$70$28
45 years$655$385$217$119$63$25
46 years$633$368$204$110$57$22
47 years$613$351$192$101$52$19
48 years$593$335$180$94$47$17
49 years$574$320$169$86$43$15
50 years$557$306$159$80$39$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $570,000, adding $2,607 every year, while hoping to spend $30,108 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: 43/29/28 Blend
40$570,000$570,000$570,000$570,000
41$630,829$600,619$591,784$652,708
42$663,139$598,015$579,574$666,035
43$697,735$594,274$565,946$677,415
44$734,820$589,308$550,821$689,171
45$774,613$583,026$534,115$701,354
46$817,358$575,329$515,742$714,025
47$863,320$566,112$495,611$727,253
48$912,792$555,265$473,628$741,114
49$966,095$542,671$449,692$755,696
50$1,023,581$528,206$423,701$771,099
51$1,085,637$511,739$395,546$787,436
52$1,152,689$493,131$365,114$804,832
53$1,225,204$472,235$332,286$823,430
54$1,303,697$448,896$296,939$843,392
55$1,388,732$422,950$258,944$864,897
56$1,480,929$394,222$218,166$888,148
57$1,580,974$362,528$174,464$913,372
58$1,689,616$327,675$127,692$940,824
59$1,807,682$289,456$77,695$970,788
60$1,936,081$247,655$24,313$1,003,583
61$2,075,814$202,043$0$1,039,564
62$2,227,980$152,376$0$1,088,885
63$2,393,791$98,399$0$1,150,619
64$2,574,578$39,842$0$1,218,044
65$2,771,810$0$0$1,291,768
66$2,987,101$0$0$1,379,987
67$3,222,226$0$0$1,490,286
68$3,479,143$0$0$1,610,876
69$3,760,006$0$0$1,742,777
70$4,067,186$0$0$1,887,110
71$4,403,293$0$0$2,045,113
72$4,771,202$0$0$2,218,145
73$5,174,080$0$0$2,407,707
74$5,615,411$0$0$2,615,448
75$6,099,037$0$0$2,843,186
76$6,629,184$0$0$3,092,924
77$7,210,509$0$0$3,366,867
78$7,848,142$0$0$3,667,443
79$8,547,731$0$0$3,997,329
80$9,315,500$0$0$4,359,471
81$10,158,301$0$0$4,757,116
82$11,083,687$0$0$5,193,840
83$12,099,972$0$0$5,673,581
84$13,216,319$0$0$6,200,680
85$14,442,822$0$0$6,779,917
86$15,790,599$0$0$7,416,560
87$17,271,899$0$0$8,116,411
88$18,900,218$0$0$8,885,862
89$20,690,422$0$0$9,731,957
90$22,658,892$0$0$10,662,456
91$24,823,675$0$0$11,685,907
92$27,204,654$0$0$12,811,731
93$29,823,734$0$0$14,050,305
94$32,705,053$0$0$15,413,065
95$35,875,205$0$0$16,912,610
96$39,363,491$0$0$18,562,821
97$43,202,195$0$0$20,378,996
98$47,426,892$0$0$22,377,988
99$52,076,777$0$0$24,578,367
100$57,195,040$0$0$27,000,597