Can I retire at age 41 with 760,000?

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 $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%16.5%
1 years$62,760$62,201$61,656$61,123$60,603$58,995
2 years$31,069$30,491$29,930$29,386$28,859$27,249
3 years$20,507$19,926$19,367$18,828$18,309$16,749
4 years$15,227$14,648$14,094$13,565$13,058$11,560
5 years$12,060$11,484$10,937$10,419$9,927$8,494
6 years$9,949$9,378$8,839$8,332$7,855$6,489
7 years$8,442$7,875$7,345$6,850$6,388$5,089
8 years$7,312$6,751$6,229$5,746$5,299$4,067
9 years$6,434$5,878$5,365$4,895$4,463$3,296
10 years$5,732$5,181$4,678$4,219$3,803$2,700
11 years$5,157$4,612$4,118$3,672$3,270$2,230
12 years$4,679$4,140$3,655$3,221$2,834$1,854
13 years$4,275$3,741$3,265$2,844$2,471$1,550
14 years$3,929$3,400$2,934$2,524$2,166$1,301
15 years$3,629$3,106$2,649$2,251$1,907$1,096
16 years$3,367$2,850$2,402$2,016$1,686$926
17 years$3,136$2,625$2,185$1,811$1,495$784
18 years$2,931$2,425$1,995$1,632$1,329$666
19 years$2,748$2,248$1,826$1,475$1,185$566
20 years$2,583$2,089$1,676$1,336$1,058$482
21 years$2,434$1,946$1,542$1,212$947$411
22 years$2,299$1,816$1,421$1,102$849$350
23 years$2,176$1,699$1,312$1,004$762$299
24 years$2,063$1,592$1,213$916$685$256
25 years$1,959$1,494$1,124$836$616$219
26 years$1,864$1,404$1,042$764$555$187
27 years$1,776$1,321$968$700$500$160
28 years$1,694$1,245$900$641$452$137
29 years$1,618$1,174$837$588$408$118
30 years$1,547$1,109$780$540$368$101
31 years$1,481$1,048$727$496$333$86
32 years$1,419$992$678$455$301$74
33 years$1,361$939$633$419$273$63
34 years$1,307$890$592$385$247$54
35 years$1,255$845$553$355$224$47
36 years$1,207$802$518$327$203$40
37 years$1,161$761$484$301$184$34
38 years$1,118$724$454$277$166$29
39 years$1,078$688$425$256$151$25
40 years$1,039$655$398$236$137$22
41 years$1,002$623$374$218$124$19
42 years$968$593$350$201$113$16
43 years$934$565$329$185$102$14
44 years$903$539$309$171$93$12
45 years$873$514$290$158$84$10
46 years$844$490$272$146$77$9
47 years$817$468$256$135$70$7
48 years$791$447$240$125$63$6
49 years$766$427$226$115$57$5
50 years$742$407$212$107$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $760,000, adding $5,301 every year, while hoping to spend $33,109 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: 57/17/26 Blend
40$760,000$760,000$760,000$760,000
41$842,988$802,708$790,928$884,781
42$893,745$806,813$782,196$918,108
43$948,570$810,009$772,063$950,476
44$1,007,842$812,218$760,445$985,065
45$1,071,979$813,354$747,257$1,022,100
46$1,141,440$813,328$732,409$1,061,829
47$1,216,730$812,044$715,808$1,104,526
48$1,298,404$809,401$697,355$1,150,496
49$1,387,072$805,293$676,947$1,200,076
50$1,483,405$799,604$654,477$1,253,638
51$1,588,143$792,215$629,832$1,311,595
52$1,702,096$782,996$602,894$1,374,401
53$1,826,160$771,812$573,541$1,442,563
54$1,961,317$758,520$541,643$1,516,636
55$2,108,650$742,967$507,067$1,597,238
56$2,269,350$724,990$469,672$1,685,051
57$2,444,729$704,420$429,311$1,780,829
58$2,636,230$681,074$385,831$1,885,404
59$2,845,441$654,763$339,072$1,999,698
60$3,074,111$625,281$288,867$2,124,728
61$3,324,167$592,416$235,040$2,261,619
62$3,597,727$555,941$177,410$2,411,614
63$3,897,128$515,614$115,785$2,576,084
64$4,224,939$471,183$49,968$2,756,546
65$4,583,992$422,380$0$2,954,675
66$4,977,403$368,920$0$3,177,944
67$5,408,606$310,506$0$3,437,931
68$5,881,382$246,819$0$3,723,077
69$6,399,897$177,526$0$4,035,939
70$6,968,736$102,275$0$4,379,333
71$7,592,952$20,691$0$4,756,368
72$8,278,110$0$0$5,170,467
73$9,030,341$0$0$5,638,057
74$9,856,397$0$0$6,155,856
75$10,763,718$0$0$6,724,667
76$11,760,496$0$0$7,349,636
77$12,855,761$0$0$8,036,431
78$14,059,458$0$0$8,791,299
79$15,382,542$0$0$9,621,121
80$16,837,085$0$0$10,533,478
81$18,436,386$0$0$11,536,721
82$20,195,095$0$0$12,640,054
83$22,129,356$0$0$13,853,614
84$24,256,955$0$0$15,188,572
85$26,597,485$0$0$16,657,235
86$29,172,540$0$0$18,273,164
87$32,005,906$0$0$20,051,299
88$35,123,795$0$0$22,008,104
89$38,555,087$0$0$24,161,717
90$42,331,605$0$0$26,532,126
91$46,488,409$0$0$29,141,353
92$51,064,136$0$0$32,013,664
93$56,101,355$0$0$35,175,797
94$61,646,974$0$0$38,657,215
95$67,752,679$0$0$42,490,383
96$74,475,424$0$0$46,711,073
97$81,877,966$0$0$51,358,703
98$90,029,458$0$0$56,476,709
99$99,006,100$0$0$62,112,954
100$108,891,859$0$0$68,320,177