Can I retire at age 41 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$61,934$61,383$60,844$60,319$59,806$58,195
2 years$30,661$30,090$29,536$29,000$28,479$26,868
3 years$20,237$19,664$19,112$18,580$18,068$16,507
4 years$15,027$14,455$13,909$13,386$12,886$11,387
5 years$11,901$11,333$10,794$10,282$9,796$8,362
6 years$9,818$9,254$8,723$8,222$7,751$6,385
7 years$8,331$7,772$7,249$6,760$6,304$5,005
8 years$7,216$6,662$6,147$5,671$5,230$3,998
9 years$6,349$5,800$5,295$4,830$4,404$3,238
10 years$5,656$5,113$4,616$4,164$3,753$2,650
11 years$5,090$4,551$4,064$3,624$3,227$2,188
12 years$4,618$4,085$3,607$3,179$2,797$1,818
13 years$4,219$3,692$3,222$2,806$2,439$1,518
14 years$3,877$3,356$2,895$2,491$2,138$1,273
15 years$3,581$3,066$2,614$2,222$1,882$1,072
16 years$3,323$2,813$2,370$1,989$1,664$905
17 years$3,095$2,590$2,157$1,787$1,475$766
18 years$2,892$2,394$1,969$1,611$1,312$650
19 years$2,712$2,218$1,802$1,455$1,169$552
20 years$2,549$2,061$1,654$1,318$1,044$469
21 years$2,402$1,920$1,521$1,196$934$400
22 years$2,269$1,792$1,402$1,088$838$341
23 years$2,147$1,676$1,295$991$752$291
24 years$2,036$1,571$1,197$903$676$248
25 years$1,934$1,474$1,109$825$608$212
26 years$1,839$1,385$1,029$754$548$182
27 years$1,752$1,304$955$691$494$155
28 years$1,672$1,228$888$633$446$133
29 years$1,597$1,159$826$580$402$114
30 years$1,527$1,094$770$532$364$97
31 years$1,461$1,035$717$489$329$83
32 years$1,400$979$669$449$297$71
33 years$1,343$927$625$413$269$61
34 years$1,289$879$584$380$244$52
35 years$1,239$833$546$350$221$45
36 years$1,191$791$511$322$200$39
37 years$1,146$751$478$297$181$33
38 years$1,104$714$448$274$164$28
39 years$1,063$679$419$252$149$24
40 years$1,025$646$393$233$135$21
41 years$989$615$369$215$123$18
42 years$955$586$346$198$111$15
43 years$922$558$324$183$101$13
44 years$891$532$305$169$92$11
45 years$861$507$286$156$83$10
46 years$833$484$269$144$76$8
47 years$806$462$252$133$69$7
48 years$780$441$237$123$62$6
49 years$756$421$223$114$57$5
50 years$732$402$210$105$51$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $750,000, adding $4,270 every year, while hoping to spend $36,175 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: 50/21/29 Blend
40$750,000$750,000$750,000$750,000
41$830,905$791,155$779,530$865,436
42$877,167$791,431$767,154$890,324
43$926,936$790,509$753,151$913,432
44$980,530$788,291$737,429$937,851
45$1,038,301$784,674$719,890$963,721
46$1,100,634$779,550$700,432$991,200
47$1,167,953$772,801$678,950$1,020,465
48$1,240,722$764,306$655,333$1,051,712
49$1,319,453$753,935$629,465$1,085,158
50$1,404,708$741,549$601,223$1,121,048
51$1,497,106$727,002$570,481$1,159,651
52$1,597,325$710,140$537,107$1,201,268
53$1,706,113$690,798$500,961$1,246,234
54$1,824,293$668,803$461,899$1,294,919
55$1,952,767$643,971$419,769$1,347,736
56$2,092,532$616,108$374,414$1,405,144
57$2,244,681$585,008$325,667$1,467,650
58$2,410,418$550,453$273,357$1,535,818
59$2,591,069$512,214$217,303$1,610,274
60$2,788,093$470,047$157,317$1,691,712
61$3,003,094$423,694$93,203$1,780,901
62$3,237,839$372,885$24,755$1,878,694
63$3,494,274$317,332$0$1,986,034
64$3,774,540$256,731$0$2,118,911
65$4,080,995$190,762$0$2,272,686
66$4,416,233$119,087$0$2,441,047
67$4,783,113$41,347$0$2,625,489
68$5,184,783$0$0$2,827,663
69$5,624,708$0$0$3,059,287
70$6,106,703$0$0$3,323,609
71$6,634,973$0$0$3,613,389
72$7,214,146$0$0$3,931,175
73$7,849,321$0$0$4,279,776
74$8,546,112$0$0$4,662,284
75$9,310,705$0$0$5,082,106
76$10,149,912$0$0$5,542,994
77$11,071,239$0$0$6,049,082
78$12,082,951$0$0$6,604,924
79$13,194,154$0$0$7,215,534
80$14,414,881$0$0$7,886,440
81$15,756,181$0$0$8,623,727
82$17,230,231$0$0$9,434,104
83$18,850,441$0$0$10,324,957
84$20,631,589$0$0$11,304,428
85$22,589,953$0$0$12,381,485
86$24,743,470$0$0$13,566,007
87$27,111,900$0$0$14,868,881
88$29,717,015$0$0$16,302,101
89$32,582,802$0$0$17,878,882
90$35,735,690$0$0$19,613,785
91$39,204,801$0$0$21,522,853
92$43,022,219$0$0$23,623,762
93$47,223,297$0$0$25,935,989
94$51,846,989$0$0$28,480,996
95$56,936,215$0$0$31,282,429
96$62,538,269$0$0$34,366,344
97$68,705,261$0$0$37,761,450
98$75,494,611$0$0$41,499,385
99$82,969,589$0$0$45,615,006
100$91,199,912$0$0$50,146,725