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%12.3%
1 years$50,373$49,925$49,487$49,059$48,642$48,174
2 years$24,937$24,473$24,023$23,586$23,163$22,692
3 years$16,460$15,993$15,544$15,112$14,696$14,235
4 years$12,222$11,757$11,312$10,887$10,481$10,036
5 years$9,680$9,217$8,779$8,363$7,967$7,538
6 years$7,985$7,527$7,095$6,688$6,304$5,892
7 years$6,776$6,321$5,896$5,498$5,127$4,731
8 years$5,869$5,418$5,000$4,612$4,253$3,874
9 years$5,164$4,718$4,306$3,929$3,582$3,219
10 years$4,600$4,158$3,754$3,387$3,052$2,706
11 years$4,140$3,702$3,305$2,947$2,625$2,295
12 years$3,756$3,323$2,933$2,585$2,275$1,960
13 years$3,431$3,003$2,621$2,282$1,984$1,684
14 years$3,153$2,729$2,355$2,026$1,739$1,455
15 years$2,913$2,493$2,126$1,807$1,531$1,261
16 years$2,703$2,288$1,928$1,618$1,353$1,098
17 years$2,517$2,107$1,754$1,454$1,200$958
18 years$2,353$1,947$1,601$1,310$1,067$838
19 years$2,205$1,804$1,466$1,184$951$735
20 years$2,073$1,677$1,345$1,072$849$646
21 years$1,954$1,562$1,237$973$760$568
22 years$1,845$1,458$1,140$885$681$501
23 years$1,746$1,363$1,053$806$612$442
24 years$1,656$1,277$974$735$550$390
25 years$1,573$1,199$902$671$495$345
26 years$1,496$1,127$837$614$446$305
27 years$1,425$1,060$777$562$402$270
28 years$1,360$999$722$515$362$239
29 years$1,299$943$672$472$327$212
30 years$1,242$890$626$433$296$188
31 years$1,189$841$584$398$267$167
32 years$1,139$796$544$366$242$148
33 years$1,092$754$508$336$219$132
34 years$1,049$715$475$309$198$117
35 years$1,008$678$444$285$179$104
36 years$969$643$415$262$163$92
37 years$932$611$389$242$147$82
38 years$898$581$364$223$134$73
39 years$865$552$341$205$121$65
40 years$834$525$320$189$110$58
41 years$805$500$300$175$100$51
42 years$777$476$281$161$90$46
43 years$750$454$264$149$82$41
44 years$725$433$248$137$75$36
45 years$701$412$233$127$68$32
46 years$678$394$218$117$61$29
47 years$656$376$205$108$56$26
48 years$635$358$193$100$51$23
49 years$615$342$181$93$46$20
50 years$596$327$170$86$42$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $610,000, adding $3,117 every year, while hoping to spend $36,122 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: 79/14/7 Blend
40$610,000$610,000$610,000$610,000
41$675,435$643,105$633,650$728,020
42$705,896$636,184$616,444$756,016
43$738,253$627,713$597,451$781,676
44$772,662$617,578$576,572$808,745
45$809,293$605,658$553,706$837,346
46$848,331$591,825$528,746$867,614
47$889,980$575,944$501,578$899,698
48$934,464$557,871$472,087$933,764
49$982,027$537,455$440,150$969,993
50$1,032,937$514,533$405,638$1,008,587
51$1,087,488$488,937$368,419$1,049,766
52$1,146,004$460,487$328,352$1,093,775
53$1,208,836$428,991$285,293$1,140,884
54$1,276,375$394,249$239,087$1,191,390
55$1,349,047$356,049$189,578$1,245,622
56$1,427,319$314,164$136,598$1,303,943
57$1,511,706$268,359$79,975$1,366,753
58$1,602,772$218,381$19,526$1,434,494
59$1,701,139$163,966$0$1,507,653
60$1,807,488$104,833$0$1,590,130
61$1,922,569$40,687$0$1,680,934
62$2,047,206$0$0$1,779,276
63$2,182,305$0$0$1,890,330
64$2,328,861$0$0$2,017,619
65$2,487,971$0$0$2,155,827
66$2,660,840$0$0$2,306,004
67$2,848,793$0$0$2,469,302
68$3,053,288$0$0$2,646,991
69$3,275,931$0$0$2,840,468
70$3,518,485$0$0$3,051,269
71$3,782,896$0$0$3,281,086
72$4,071,300$0$0$3,531,780
73$4,386,052$0$0$3,805,399
74$4,729,741$0$0$4,104,199
75$5,105,222$0$0$4,430,662
76$5,515,632$0$0$4,787,521
77$5,964,428$0$0$5,177,784
78$6,455,418$0$0$5,604,766
79$6,992,791$0$0$6,072,114
80$7,581,161$0$0$6,583,844
81$8,225,612$0$0$7,144,380
82$8,931,738$0$0$7,758,595
83$9,705,704$0$0$8,431,852
84$10,554,296$0$0$9,170,060
85$11,484,990$0$0$9,979,728
86$12,506,021$0$0$10,868,023
87$13,626,459$0$0$11,842,840
88$14,856,294$0$0$12,912,877
89$16,206,529$0$0$14,087,712
90$17,689,288$0$0$15,377,899
91$19,317,923$0$0$16,795,062
92$21,107,145$0$0$18,352,007
93$23,073,161$0$0$20,062,842
94$25,233,821$0$0$21,943,108
95$27,608,797$0$0$24,009,928
96$30,219,755$0$0$26,282,165
97$33,090,568$0$0$28,780,602
98$36,247,540$0$0$31,528,135
99$39,719,647$0$0$34,549,992
100$43,538,817$0$0$37,873,967