Can I retire at age 41 with 630,000?

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 $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%
1 years$52,025$51,561$51,109$50,668$50,237$49,795
2 years$25,755$25,275$24,810$24,360$23,922$23,477
3 years$16,999$16,518$16,054$15,607$15,177$14,743
4 years$12,622$12,142$11,683$11,244$10,825$10,404
5 years$9,997$9,520$9,067$8,637$8,229$7,823
6 years$8,247$7,773$7,327$6,907$6,511$6,121
7 years$6,998$6,528$6,089$5,678$5,295$4,920
8 years$6,061$5,596$5,164$4,764$4,393$4,034
9 years$5,333$4,872$4,448$4,057$3,699$3,356
10 years$4,751$4,295$3,878$3,498$3,152$2,824
11 years$4,275$3,823$3,414$3,044$2,711$2,398
12 years$3,879$3,432$3,030$2,670$2,349$2,051
13 years$3,544$3,101$2,707$2,357$2,049$1,765
14 years$3,257$2,819$2,432$2,092$1,796$1,526
15 years$3,008$2,575$2,196$1,866$1,581$1,325
16 years$2,791$2,363$1,991$1,671$1,397$1,155
17 years$2,600$2,176$1,812$1,501$1,239$1,009
18 years$2,430$2,011$1,654$1,353$1,102$884
19 years$2,278$1,863$1,514$1,222$982$776
20 years$2,141$1,732$1,389$1,107$877$683
21 years$2,018$1,613$1,278$1,005$785$602
22 years$1,906$1,506$1,178$914$704$531
23 years$1,804$1,408$1,088$832$632$469
24 years$1,710$1,319$1,006$759$568$415
25 years$1,624$1,238$932$693$511$368
26 years$1,545$1,164$864$634$460$326
27 years$1,472$1,095$802$580$415$289
28 years$1,404$1,032$746$531$374$257
29 years$1,341$973$694$487$338$228
30 years$1,282$919$646$447$305$202
31 years$1,228$869$603$411$276$180
32 years$1,176$822$562$378$250$160
33 years$1,128$779$525$347$226$142
34 years$1,083$738$491$319$205$127
35 years$1,041$700$459$294$185$113
36 years$1,001$664$429$271$168$100
37 years$963$631$402$250$152$89
38 years$927$600$376$230$138$80
39 years$893$570$352$212$125$71
40 years$861$543$330$196$114$63
41 years$831$517$310$180$103$56
42 years$802$492$290$167$93$50
43 years$775$469$273$154$85$45
44 years$749$447$256$142$77$40
45 years$724$426$240$131$70$36
46 years$700$406$226$121$63$32
47 years$677$388$212$112$58$28
48 years$656$370$199$103$52$25
49 years$635$354$187$96$48$22
50 years$615$338$176$88$43$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $630,000, adding $4,360 every year, while hoping to spend $31,196 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: 34/47/19 Blend
40$630,000$630,000$630,000$630,000
41$698,757$665,367$655,602$718,306
42$736,838$664,778$644,373$732,493
43$777,758$663,114$631,721$744,587
44$821,773$660,291$617,568$756,976
45$869,165$656,216$601,827$769,705
46$920,243$650,794$584,412$782,824
47$975,348$643,923$565,230$796,392
48$1,034,853$635,494$544,184$810,477
49$1,099,168$625,393$521,174$825,157
50$1,168,743$613,498$496,094$840,519
51$1,244,076$599,680$468,834$856,665
52$1,325,710$583,803$439,278$873,708
53$1,414,245$565,722$407,307$891,780
54$1,510,340$545,285$372,794$911,025
55$1,614,720$522,329$335,607$931,611
56$1,728,181$496,683$295,610$953,725
57$1,851,602$468,167$252,660$977,579
58$1,985,947$436,588$206,605$1,003,409
59$2,132,277$401,745$157,290$1,031,484
60$2,291,762$363,423$104,552$1,062,103
61$2,465,687$321,396$48,220$1,095,604
62$2,655,468$275,425$0$1,132,365
63$2,862,662$225,257$0$1,175,219
64$3,088,985$170,626$0$1,232,817
65$3,336,324$111,249$0$1,295,942
66$3,606,757$46,829$0$1,365,225
67$3,902,574$0$0$1,441,368
68$4,226,294$0$0$1,537,020
69$4,580,692$0$0$1,668,341
70$4,968,823$0$0$1,812,256
71$5,394,051$0$0$1,970,022
72$5,860,082$0$0$2,143,028
73$6,370,998$0$0$2,332,800
74$6,931,292$0$0$2,541,021
75$7,545,916$0$0$2,769,544
76$8,220,322$0$0$3,020,411
77$8,960,516$0$0$3,295,870
78$9,773,114$0$0$3,598,399
79$10,665,403$0$0$3,930,725
80$11,645,412$0$0$4,295,855
81$12,721,985$0$0$4,697,100
82$13,904,863$0$0$5,138,110
83$15,204,780$0$0$5,622,902
84$16,633,559$0$0$6,155,905
85$18,204,227$0$0$6,741,998
86$19,931,136$0$0$7,386,555
87$21,830,097$0$0$8,095,499
88$23,918,531$0$0$8,875,353
89$26,215,631$0$0$9,733,308
90$28,742,543$0$0$10,677,282
91$31,522,566$0$0$11,716,004
92$34,581,374$0$0$12,859,090
93$37,947,250$0$0$14,117,134
94$41,651,360$0$0$15,501,810
95$45,728,045$0$0$17,025,983
96$50,215,142$0$0$18,703,825
97$55,154,341$0$0$20,550,955
98$60,591,583$0$0$22,584,581
99$66,577,485$0$0$24,823,665
100$73,167,825$0$0$27,289,104