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%11.4%
1 years$62,760$62,201$61,656$61,123$60,603$60,247
2 years$31,069$30,491$29,930$29,386$28,859$28,499
3 years$20,507$19,926$19,367$18,828$18,309$17,957
4 years$15,227$14,648$14,094$13,565$13,058$12,717
5 years$12,060$11,484$10,937$10,419$9,927$9,597
6 years$9,949$9,378$8,839$8,332$7,855$7,537
7 years$8,442$7,875$7,345$6,850$6,388$6,083
8 years$7,312$6,751$6,229$5,746$5,299$5,007
9 years$6,434$5,878$5,365$4,895$4,463$4,182
10 years$5,732$5,181$4,678$4,219$3,803$3,534
11 years$5,157$4,612$4,118$3,672$3,270$3,014
12 years$4,679$4,140$3,655$3,221$2,834$2,589
13 years$4,275$3,741$3,265$2,844$2,471$2,238
14 years$3,929$3,400$2,934$2,524$2,166$1,944
15 years$3,629$3,106$2,649$2,251$1,907$1,696
16 years$3,367$2,850$2,402$2,016$1,686$1,485
17 years$3,136$2,625$2,185$1,811$1,495$1,304
18 years$2,931$2,425$1,995$1,632$1,329$1,148
19 years$2,748$2,248$1,826$1,475$1,185$1,013
20 years$2,583$2,089$1,676$1,336$1,058$896
21 years$2,434$1,946$1,542$1,212$947$794
22 years$2,299$1,816$1,421$1,102$849$704
23 years$2,176$1,699$1,312$1,004$762$626
24 years$2,063$1,592$1,213$916$685$556
25 years$1,959$1,494$1,124$836$616$495
26 years$1,864$1,404$1,042$764$555$441
27 years$1,776$1,321$968$700$500$394
28 years$1,694$1,245$900$641$452$351
29 years$1,618$1,174$837$588$408$314
30 years$1,547$1,109$780$540$368$280
31 years$1,481$1,048$727$496$333$251
32 years$1,419$992$678$455$301$224
33 years$1,361$939$633$419$273$201
34 years$1,307$890$592$385$247$179
35 years$1,255$845$553$355$224$161
36 years$1,207$802$518$327$203$144
37 years$1,161$761$484$301$184$129
38 years$1,118$724$454$277$166$115
39 years$1,078$688$425$256$151$103
40 years$1,039$655$398$236$137$93
41 years$1,002$623$374$218$124$83
42 years$968$593$350$201$113$75
43 years$934$565$329$185$102$67
44 years$903$539$309$171$93$60
45 years$873$514$290$158$84$54
46 years$844$490$272$146$77$48
47 years$817$468$256$135$70$43
48 years$791$447$240$125$63$39
49 years$766$427$226$115$57$35
50 years$742$407$212$107$52$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $760,000, adding $2,930 every year, while hoping to spend $22,641 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: 54/24/22 Blend
40$760,000$760,000$760,000$760,000
41$840,542$800,262$788,482$880,717
42$902,188$815,385$790,807$923,749
43$969,362$830,490$792,450$967,956
44$1,042,606$845,553$793,366$1,015,600
45$1,122,513$860,546$793,505$1,067,017
46$1,209,737$875,442$792,815$1,122,578
47$1,305,000$890,208$791,244$1,182,691
48$1,409,093$904,811$788,734$1,247,806
49$1,522,890$919,216$785,226$1,318,421
50$1,647,351$933,384$780,657$1,395,083
51$1,783,535$947,273$774,963$1,478,398
52$1,932,606$960,840$768,075$1,569,031
53$2,095,848$974,038$759,921$1,667,718
54$2,274,673$986,814$750,427$1,775,271
55$2,470,637$999,115$739,514$1,892,583
56$2,685,454$1,010,884$727,100$2,020,640
57$2,921,010$1,022,058$713,098$2,160,532
58$3,179,386$1,032,571$697,419$2,313,457
59$3,462,869$1,042,353$679,968$2,480,740
60$3,773,982$1,051,328$660,648$2,663,839
61$4,115,502$1,059,417$639,353$2,864,364
62$4,490,489$1,066,535$615,978$3,084,090
63$4,902,314$1,072,590$590,408$3,324,974
64$5,354,690$1,077,487$562,526$3,589,175
65$5,851,707$1,081,122$532,209$3,879,074
66$6,397,871$1,083,387$499,328$4,197,294
67$6,998,146$1,084,165$463,748$4,546,730
68$7,658,001$1,083,334$425,328$4,930,574
69$8,383,462$1,080,762$383,922$5,352,346
70$9,181,168$1,076,312$339,375$5,815,926
71$10,058,430$1,069,835$291,528$6,325,591
72$11,023,309$1,061,175$240,213$6,886,062
73$12,084,680$1,050,167$185,254$7,502,538
74$13,252,327$1,036,634$126,470$8,180,756
75$14,537,027$1,020,392$63,669$8,927,039
76$15,950,654$1,001,242$0$9,748,358
77$17,506,294$978,975$0$10,653,187
78$19,218,361$953,370$0$11,665,214
79$21,102,742$924,194$0$12,778,871
80$23,176,939$891,197$0$14,004,511
81$25,460,239$854,117$0$15,353,544
82$27,973,891$812,676$0$16,838,545
83$30,741,312$766,582$0$18,473,376
84$33,788,304$715,522$0$20,273,310
85$37,143,297$659,169$0$22,255,185
86$40,837,620$597,175$0$24,437,554
87$44,905,794$529,174$0$26,840,868
88$49,385,858$454,776$0$29,487,665
89$54,319,728$373,572$0$32,402,784
90$59,753,593$285,130$0$35,613,603
91$65,738,349$188,992$0$39,150,293
92$72,330,083$84,674$0$43,046,107
93$79,590,595$0$0$47,337,694
94$87,587,989$0$0$52,072,927
95$96,397,311$0$0$57,313,637
96$106,101,257$0$0$63,086,671
97$116,790,955$0$0$69,446,257
98$128,566,825$0$0$76,452,150
99$141,539,523$0$0$84,170,198
100$155,830,992$0$0$92,672,966