Can I retire at age 41 with 630,000?

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 $630,000?

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 years$52,025$51,561$51,109$50,668$50,237$49,816
2 years$25,755$25,275$24,810$24,360$23,922$23,498
3 years$16,999$16,518$16,054$15,607$15,177$14,763
4 years$12,622$12,142$11,683$11,244$10,825$10,423
5 years$9,997$9,520$9,067$8,637$8,229$7,842
6 years$8,247$7,773$7,327$6,907$6,511$6,139
7 years$6,998$6,528$6,089$5,678$5,295$4,938
8 years$6,061$5,596$5,164$4,764$4,393$4,050
9 years$5,333$4,872$4,448$4,057$3,699$3,372
10 years$4,751$4,295$3,878$3,498$3,152$2,839
11 years$4,275$3,823$3,414$3,044$2,711$2,412
12 years$3,879$3,432$3,030$2,670$2,349$2,064
13 years$3,544$3,101$2,707$2,357$2,049$1,777
14 years$3,257$2,819$2,432$2,092$1,796$1,538
15 years$3,008$2,575$2,196$1,866$1,581$1,336
16 years$2,791$2,363$1,991$1,671$1,397$1,165
17 years$2,600$2,176$1,812$1,501$1,239$1,019
18 years$2,430$2,011$1,654$1,353$1,102$894
19 years$2,278$1,863$1,514$1,222$982$785
20 years$2,141$1,732$1,389$1,107$877$691
21 years$2,018$1,613$1,278$1,005$785$610
22 years$1,906$1,506$1,178$914$704$539
23 years$1,804$1,408$1,088$832$632$476
24 years$1,710$1,319$1,006$759$568$422
25 years$1,624$1,238$932$693$511$374
26 years$1,545$1,164$864$634$460$331
27 years$1,472$1,095$802$580$415$294
28 years$1,404$1,032$746$531$374$261
29 years$1,341$973$694$487$338$232
30 years$1,282$919$646$447$305$206
31 years$1,228$869$603$411$276$184
32 years$1,176$822$562$378$250$163
33 years$1,128$779$525$347$226$145
34 years$1,083$738$491$319$205$130
35 years$1,041$700$459$294$185$115
36 years$1,001$664$429$271$168$103
37 years$963$631$402$250$152$92
38 years$927$600$376$230$138$82
39 years$893$570$352$212$125$73
40 years$861$543$330$196$114$65
41 years$831$517$310$180$103$58
42 years$802$492$290$167$93$52
43 years$775$469$273$154$85$46
44 years$749$447$256$142$77$41
45 years$724$426$240$131$70$37
46 years$700$406$226$121$63$33
47 years$677$388$212$112$58$29
48 years$656$370$199$103$52$26
49 years$635$354$187$96$48$23
50 years$615$338$176$88$43$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $630,000, adding $5,584 every year, while hoping to spend $35,418 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: 53/40/7 Blend
40$630,000$630,000$630,000$630,000
41$700,020$666,630$656,865$735,655
42$733,737$661,610$641,185$755,409
43$769,707$655,158$623,794$772,542
44$808,121$647,164$604,595$790,328
45$849,191$637,516$583,490$808,836
46$893,146$626,093$560,375$828,142
47$940,241$612,766$535,142$848,333
48$990,754$597,399$507,677$869,507
49$1,044,989$579,850$477,862$891,771
50$1,103,282$559,966$445,574$915,251
51$1,165,999$537,587$410,683$940,082
52$1,233,543$512,541$373,054$966,420
53$1,306,359$484,650$332,545$994,438
54$1,384,932$453,722$289,010$1,024,329
55$1,469,797$419,557$242,294$1,056,311
56$1,561,542$381,941$192,236$1,090,626
57$1,660,813$340,649$138,669$1,127,543
58$1,768,318$295,444$81,418$1,167,367
59$1,884,840$246,074$20,298$1,210,433
60$2,011,236$192,273$0$1,257,119
61$2,148,449$133,762$0$1,311,198
62$2,297,518$70,244$0$1,371,619
63$2,459,586$1,406$0$1,437,400
64$2,635,907$0$0$1,509,136
65$2,827,864$0$0$1,619,655
66$3,036,979$0$0$1,740,782
67$3,264,924$0$0$1,872,877
68$3,513,543$0$0$2,017,013
69$3,784,861$0$0$2,174,373
70$4,081,112$0$0$2,346,261
71$4,404,752$0$0$2,534,109
72$4,758,484$0$0$2,739,497
73$5,145,288$0$0$2,964,161
74$5,568,441$0$0$3,210,016
75$6,031,553$0$0$3,479,170
76$6,538,599$0$0$3,773,941
77$7,093,956$0$0$4,096,886
78$7,702,445$0$0$4,450,818
79$8,369,374$0$0$4,838,836
80$9,100,591$0$0$5,264,355
81$9,902,534$0$0$5,731,134
82$10,782,296$0$0$6,243,313
83$11,747,690$0$0$6,805,453
84$12,807,320$0$0$7,422,580
85$13,970,666$0$0$8,100,227
86$15,248,168$0$0$8,844,491
87$16,651,329$0$0$9,662,089
88$18,192,819$0$0$10,560,418
89$19,886,598$0$0$11,547,631
90$21,748,043$0$0$12,632,705
91$23,794,095$0$0$13,825,534
92$26,043,419$0$0$15,137,018
93$28,516,577$0$0$16,579,162
94$31,236,224$0$0$18,165,198
95$34,227,320$0$0$19,909,701
96$37,517,365$0$0$21,828,730
97$41,136,660$0$0$23,939,979
98$45,118,586$0$0$26,262,945
99$49,499,928$0$0$28,819,107
100$54,321,213$0$0$31,632,135