Can I retire at age 41 with 610,000?

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 $610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$50,373$49,925$49,487$49,059$48,642$48,215
2 years$24,937$24,473$24,023$23,586$23,163$22,732
3 years$16,460$15,993$15,544$15,112$14,696$14,275
4 years$12,222$11,757$11,312$10,887$10,481$10,073
5 years$9,680$9,217$8,779$8,363$7,967$7,574
6 years$7,985$7,527$7,095$6,688$6,304$5,926
7 years$6,776$6,321$5,896$5,498$5,127$4,764
8 years$5,869$5,418$5,000$4,612$4,253$3,906
9 years$5,164$4,718$4,306$3,929$3,582$3,249
10 years$4,600$4,158$3,754$3,387$3,052$2,734
11 years$4,140$3,702$3,305$2,947$2,625$2,322
12 years$3,756$3,323$2,933$2,585$2,275$1,986
13 years$3,431$3,003$2,621$2,282$1,984$1,709
14 years$3,153$2,729$2,355$2,026$1,739$1,477
15 years$2,913$2,493$2,126$1,807$1,531$1,283
16 years$2,703$2,288$1,928$1,618$1,353$1,118
17 years$2,517$2,107$1,754$1,454$1,200$977
18 years$2,353$1,947$1,601$1,310$1,067$856
19 years$2,205$1,804$1,466$1,184$951$752
20 years$2,073$1,677$1,345$1,072$849$661
21 years$1,954$1,562$1,237$973$760$583
22 years$1,845$1,458$1,140$885$681$514
23 years$1,746$1,363$1,053$806$612$455
24 years$1,656$1,277$974$735$550$402
25 years$1,573$1,199$902$671$495$356
26 years$1,496$1,127$837$614$446$316
27 years$1,425$1,060$777$562$402$280
28 years$1,360$999$722$515$362$248
29 years$1,299$943$672$472$327$221
30 years$1,242$890$626$433$296$196
31 years$1,189$841$584$398$267$174
32 years$1,139$796$544$366$242$155
33 years$1,092$754$508$336$219$138
34 years$1,049$715$475$309$198$123
35 years$1,008$678$444$285$179$109
36 years$969$643$415$262$163$97
37 years$932$611$389$242$147$86
38 years$898$581$364$223$134$77
39 years$865$552$341$205$121$69
40 years$834$525$320$189$110$61
41 years$805$500$300$175$100$54
42 years$777$476$281$161$90$49
43 years$750$454$264$149$82$43
44 years$725$433$248$137$75$39
45 years$701$412$233$127$68$34
46 years$678$394$218$117$61$31
47 years$656$376$205$108$56$27
48 years$635$358$193$100$51$24
49 years$615$342$181$93$46$22
50 years$596$327$170$86$42$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $610,000, adding $4,663 every year, while hoping to spend $20,881 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: 38/49/13 Blend
40$610,000$610,000$610,000$610,000
41$677,030$644,700$635,245$699,921
42$723,870$654,073$634,308$726,042
43$774,787$663,205$632,641$751,881
44$830,177$672,064$630,195$779,349
45$890,471$680,611$626,923$808,602
46$956,148$688,809$622,773$839,812
47$1,027,731$696,617$617,692$873,172
48$1,105,798$703,990$611,624$908,893
49$1,190,985$710,882$604,509$947,209
50$1,283,992$717,241$596,286$988,379
51$1,385,589$723,015$586,891$1,032,690
52$1,496,623$728,147$576,257$1,080,457
53$1,618,028$732,576$564,311$1,132,033
54$1,750,833$736,238$550,981$1,187,803
55$1,896,168$739,064$536,189$1,248,197
56$2,055,280$740,981$519,854$1,313,688
57$2,229,541$741,911$501,892$1,384,799
58$2,420,462$741,773$482,213$1,462,109
59$2,629,708$740,478$460,726$1,546,257
60$2,859,111$737,935$437,333$1,637,951
61$3,110,690$734,043$411,933$1,737,972
62$3,386,668$728,700$384,421$1,847,182
63$3,689,495$721,793$354,686$1,966,536
64$4,021,868$713,205$322,613$2,097,087
65$4,386,759$702,812$288,080$2,240,000
66$4,787,440$690,482$250,962$2,396,560
67$5,227,517$676,074$211,128$2,568,188
68$5,710,963$659,440$168,440$2,756,453
69$6,242,152$640,424$122,754$2,963,086
70$6,825,907$618,860$73,921$3,190,002
71$7,467,536$594,570$21,784$3,439,313
72$8,172,891$567,371$0$3,713,352
73$8,948,418$537,064$0$4,019,389
74$9,801,218$503,442$0$4,359,103
75$10,739,116$466,284$0$4,732,630
76$11,770,732$425,358$0$5,143,462
77$12,905,563$380,418$0$5,595,450
78$14,154,076$331,203$0$6,092,841
79$15,527,799$277,440$0$6,640,322
80$17,039,437$218,837$0$7,243,065
81$18,702,989$155,088$0$7,906,774
82$20,533,876$85,870$0$8,637,740
83$22,549,094$10,841$0$9,442,904
84$24,767,369$0$0$10,329,922
85$27,209,333$0$0$11,345,177
86$29,897,722$0$0$12,469,423
87$32,857,587$0$0$13,707,304
88$36,116,532$0$0$15,070,378
89$39,704,976$0$0$16,571,380
90$43,656,434$0$0$18,224,346
91$48,007,840$0$0$20,044,738
92$52,799,890$0$0$22,049,597
93$58,077,430$0$0$24,257,702
94$63,889,875$0$0$26,689,743
95$70,291,679$0$0$29,368,522
96$77,342,846$0$0$32,319,164
97$85,109,496$0$0$35,569,355
98$93,664,491$0$0$39,149,606
99$103,088,122$0$0$43,093,535
100$113,468,863$0$0$47,438,191