Can I retire at age 41 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$62,760$62,201$61,656$61,123$60,603$58,314
2 years$31,069$30,491$29,930$29,386$28,859$26,579
3 years$20,507$19,926$19,367$18,828$18,309$16,110
4 years$15,227$14,648$14,094$13,565$13,058$10,958
5 years$12,060$11,484$10,937$10,419$9,927$7,929
6 years$9,949$9,378$8,839$8,332$7,855$5,962
7 years$8,442$7,875$7,345$6,850$6,388$4,599
8 years$7,312$6,751$6,229$5,746$5,299$3,613
9 years$6,434$5,878$5,365$4,895$4,463$2,877
10 years$5,732$5,181$4,678$4,219$3,803$2,314
11 years$5,157$4,612$4,118$3,672$3,270$1,876
12 years$4,679$4,140$3,655$3,221$2,834$1,530
13 years$4,275$3,741$3,265$2,844$2,471$1,254
14 years$3,929$3,400$2,934$2,524$2,166$1,031
15 years$3,629$3,106$2,649$2,251$1,907$851
16 years$3,367$2,850$2,402$2,016$1,686$704
17 years$3,136$2,625$2,185$1,811$1,495$584
18 years$2,931$2,425$1,995$1,632$1,329$485
19 years$2,748$2,248$1,826$1,475$1,185$403
20 years$2,583$2,089$1,676$1,336$1,058$336
21 years$2,434$1,946$1,542$1,212$947$280
22 years$2,299$1,816$1,421$1,102$849$234
23 years$2,176$1,699$1,312$1,004$762$195
24 years$2,063$1,592$1,213$916$685$163
25 years$1,959$1,494$1,124$836$616$136
26 years$1,864$1,404$1,042$764$555$114
27 years$1,776$1,321$968$700$500$95
28 years$1,694$1,245$900$641$452$80
29 years$1,618$1,174$837$588$408$67
30 years$1,547$1,109$780$540$368$56
31 years$1,481$1,048$727$496$333$47
32 years$1,419$992$678$455$301$39
33 years$1,361$939$633$419$273$33
34 years$1,307$890$592$385$247$27
35 years$1,255$845$553$355$224$23
36 years$1,207$802$518$327$203$19
37 years$1,161$761$484$301$184$16
38 years$1,118$724$454$277$166$13
39 years$1,078$688$425$256$151$11
40 years$1,039$655$398$236$137$9
41 years$1,002$623$374$218$124$8
42 years$968$593$350$201$113$7
43 years$934$565$329$185$102$6
44 years$903$539$309$171$93$5
45 years$873$514$290$158$84$4
46 years$844$490$272$146$77$3
47 years$817$468$256$135$70$3
48 years$791$447$240$125$63$2
49 years$766$427$226$115$57$2
50 years$742$407$212$107$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $760,000, adding $3,494 every year, while hoping to spend $57,104 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: 28/49/23 Blend
40$760,000$760,000$760,000$760,000
41$841,124$800,844$789,064$858,526
42$866,161$779,327$754,739$850,912
43$891,837$754,842$717,351$837,477
44$918,158$727,183$676,736$821,846
45$945,127$696,132$632,724$803,869
46$972,747$661,460$585,137$783,384
47$1,001,018$622,922$533,790$760,223
48$1,029,937$580,260$478,487$734,207
49$1,059,500$533,203$419,026$705,146
50$1,089,701$481,462$355,196$672,840
51$1,120,530$424,733$286,774$637,076
52$1,151,973$362,693$213,530$597,632
53$1,184,014$295,005$135,222$554,269
54$1,216,630$221,307$51,600$506,736
55$1,249,797$141,222$0$454,770
56$1,283,483$54,348$0$407,325
57$1,317,649$0$0$368,982
58$1,352,254$0$0$348,249
59$1,387,244$0$0$356,872
60$1,422,561$0$0$365,527
61$1,458,135$0$0$374,191
62$1,493,888$0$0$382,837
63$1,529,729$0$0$391,436
64$1,565,555$0$0$399,952
65$1,601,249$0$0$408,348
66$1,636,677$0$0$416,579
67$1,671,691$0$0$424,597
68$1,706,120$0$0$432,347
69$1,739,774$0$0$439,767
70$1,772,439$0$0$446,789
71$1,803,875$0$0$453,335
72$1,833,814$0$0$459,320
73$1,861,953$0$0$464,647
74$1,887,956$0$0$469,210
75$1,911,449$0$0$472,889
76$1,932,011$0$0$475,551
77$1,949,178$0$0$477,049
78$1,962,428$0$0$477,219
79$1,971,185$0$0$475,880
80$1,974,806$0$0$472,828
81$1,972,576$0$0$467,840
82$1,963,704$0$0$460,666
83$1,947,310$0$0$451,032
84$1,922,417$0$0$438,632
85$1,887,945$0$0$423,127
86$1,842,693$0$0$404,142
87$1,785,335$0$0$381,264
88$1,714,399$0$0$354,033
89$1,628,257$0$0$321,941
90$1,525,106$0$0$284,428
91$1,402,953$0$0$240,873
92$1,259,593$0$0$190,589
93$1,092,586$0$0$132,818
94$899,237$0$0$66,722
95$676,565$0$0$0
96$421,277$0$0$0
97$129,734$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0