Can I retire at age 41 with 750,000?

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 $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%16.8%
1 years$61,934$61,383$60,844$60,319$59,806$58,148
2 years$30,661$30,090$29,536$29,000$28,479$26,821
3 years$20,237$19,664$19,112$18,580$18,068$16,462
4 years$15,027$14,455$13,909$13,386$12,886$11,345
5 years$11,901$11,333$10,794$10,282$9,796$8,323
6 years$9,818$9,254$8,723$8,222$7,751$6,348
7 years$8,331$7,772$7,249$6,760$6,304$4,970
8 years$7,216$6,662$6,147$5,671$5,230$3,965
9 years$6,349$5,800$5,295$4,830$4,404$3,208
10 years$5,656$5,113$4,616$4,164$3,753$2,622
11 years$5,090$4,551$4,064$3,624$3,227$2,162
12 years$4,618$4,085$3,607$3,179$2,797$1,794
13 years$4,219$3,692$3,222$2,806$2,439$1,496
14 years$3,877$3,356$2,895$2,491$2,138$1,253
15 years$3,581$3,066$2,614$2,222$1,882$1,054
16 years$3,323$2,813$2,370$1,989$1,664$888
17 years$3,095$2,590$2,157$1,787$1,475$751
18 years$2,892$2,394$1,969$1,611$1,312$636
19 years$2,712$2,218$1,802$1,455$1,169$539
20 years$2,549$2,061$1,654$1,318$1,044$458
21 years$2,402$1,920$1,521$1,196$934$390
22 years$2,269$1,792$1,402$1,088$838$332
23 years$2,147$1,676$1,295$991$752$283
24 years$2,036$1,571$1,197$903$676$241
25 years$1,934$1,474$1,109$825$608$206
26 years$1,839$1,385$1,029$754$548$175
27 years$1,752$1,304$955$691$494$150
28 years$1,672$1,228$888$633$446$128
29 years$1,597$1,159$826$580$402$109
30 years$1,527$1,094$770$532$364$93
31 years$1,461$1,035$717$489$329$80
32 years$1,400$979$669$449$297$68
33 years$1,343$927$625$413$269$58
34 years$1,289$879$584$380$244$50
35 years$1,239$833$546$350$221$43
36 years$1,191$791$511$322$200$37
37 years$1,146$751$478$297$181$31
38 years$1,104$714$448$274$164$27
39 years$1,063$679$419$252$149$23
40 years$1,025$646$393$233$135$20
41 years$989$615$369$215$123$17
42 years$955$586$346$198$111$14
43 years$922$558$324$183$101$12
44 years$891$532$305$169$92$11
45 years$861$507$286$156$83$9
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 $3,818 every year, while hoping to spend $30,439 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: 77/15/8 Blend
40$750,000$750,000$750,000$750,000
41$830,438$790,688$779,063$893,139
42$882,756$797,045$772,775$941,230
43$939,390$802,693$765,256$989,644
44$1,000,749$807,566$756,433$1,041,840
45$1,067,280$811,592$746,228$1,098,180
46$1,139,478$814,695$734,562$1,159,066
47$1,217,886$816,796$721,351$1,224,938
48$1,303,099$817,808$706,505$1,296,283
49$1,395,776$817,641$689,934$1,373,635
50$1,496,638$816,198$671,539$1,457,585
51$1,606,480$813,378$651,221$1,548,783
52$1,726,178$809,070$628,874$1,647,945
53$1,856,694$803,160$604,387$1,755,861
54$1,999,087$795,525$577,644$1,873,403
55$2,154,524$786,037$548,526$2,001,528
56$2,324,289$774,556$516,905$2,141,295
57$2,509,796$760,938$482,650$2,293,869
58$2,712,599$745,028$445,623$2,460,535
59$2,934,413$726,663$405,681$2,642,709
60$3,177,123$705,670$362,671$2,841,952
61$3,442,807$681,865$316,438$3,059,985
62$3,733,752$655,055$266,817$3,298,705
63$4,052,475$625,034$213,636$3,560,202
64$4,401,752$591,585$156,718$3,846,781
65$4,784,637$554,479$95,874$4,160,984
66$5,204,495$513,472$30,910$4,505,611
67$5,665,030$468,309$0$4,883,748
68$6,170,324$418,718$0$5,302,079
69$6,724,874$364,411$0$5,764,105
70$7,333,630$305,087$0$6,271,339
71$8,002,049$240,425$0$6,828,358
72$8,736,139$170,086$0$7,440,210
73$9,542,518$93,714$0$8,112,453
74$10,428,481$10,932$0$8,851,218
75$11,402,059$0$0$9,663,257
76$12,472,104$0$0$10,568,998
77$13,648,364$0$0$11,566,659
78$14,941,582$0$0$12,663,549
79$16,363,593$0$0$13,869,710
80$17,927,435$0$0$15,196,206
81$19,647,474$0$0$16,655,225
82$21,539,537$0$0$18,260,198
83$23,621,063$0$0$20,025,922
84$25,911,266$0$0$21,968,700
85$28,431,317$0$0$24,106,495
86$31,204,541$0$0$26,459,101
87$34,256,642$0$0$29,048,326
88$37,615,937$0$0$31,898,198
89$41,313,632$0$0$35,035,197
90$45,384,110$0$0$38,488,496
91$49,865,255$0$0$42,290,242
92$54,798,814$0$0$46,475,858
93$60,230,786$0$0$51,084,375
94$66,211,858$0$0$56,158,802
95$72,797,881$0$0$61,746,532
96$80,050,400$0$0$67,899,784
97$88,037,230$0$0$74,676,105
98$96,833,101$0$0$82,138,902
99$106,520,356$0$0$90,358,048
100$117,189,735$0$0$99,410,538