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%12.4%
1 years$62,760$62,201$61,656$61,123$60,603$59,996
2 years$31,069$30,491$29,930$29,386$28,859$28,246
3 years$20,507$19,926$19,367$18,828$18,309$17,712
4 years$15,227$14,648$14,094$13,565$13,058$12,480
5 years$12,060$11,484$10,937$10,419$9,927$9,369
6 years$9,949$9,378$8,839$8,332$7,855$7,319
7 years$8,442$7,875$7,345$6,850$6,388$5,874
8 years$7,312$6,751$6,229$5,746$5,299$4,807
9 years$6,434$5,878$5,365$4,895$4,463$3,992
10 years$5,732$5,181$4,678$4,219$3,803$3,353
11 years$5,157$4,612$4,118$3,672$3,270$2,842
12 years$4,679$4,140$3,655$3,221$2,834$2,426
13 years$4,275$3,741$3,265$2,844$2,471$2,084
14 years$3,929$3,400$2,934$2,524$2,166$1,798
15 years$3,629$3,106$2,649$2,251$1,907$1,558
16 years$3,367$2,850$2,402$2,016$1,686$1,355
17 years$3,136$2,625$2,185$1,811$1,495$1,182
18 years$2,931$2,425$1,995$1,632$1,329$1,033
19 years$2,748$2,248$1,826$1,475$1,185$905
20 years$2,583$2,089$1,676$1,336$1,058$795
21 years$2,434$1,946$1,542$1,212$947$699
22 years$2,299$1,816$1,421$1,102$849$615
23 years$2,176$1,699$1,312$1,004$762$543
24 years$2,063$1,592$1,213$916$685$479
25 years$1,959$1,494$1,124$836$616$423
26 years$1,864$1,404$1,042$764$555$374
27 years$1,776$1,321$968$700$500$331
28 years$1,694$1,245$900$641$452$293
29 years$1,618$1,174$837$588$408$260
30 years$1,547$1,109$780$540$368$230
31 years$1,481$1,048$727$496$333$204
32 years$1,419$992$678$455$301$181
33 years$1,361$939$633$419$273$161
34 years$1,307$890$592$385$247$142
35 years$1,255$845$553$355$224$126
36 years$1,207$802$518$327$203$112
37 years$1,161$761$484$301$184$100
38 years$1,118$724$454$277$166$89
39 years$1,078$688$425$256$151$79
40 years$1,039$655$398$236$137$70
41 years$1,002$623$374$218$124$62
42 years$968$593$350$201$113$55
43 years$934$565$329$185$102$49
44 years$903$539$309$171$93$44
45 years$873$514$290$158$84$39
46 years$844$490$272$146$77$35
47 years$817$468$256$135$70$31
48 years$791$447$240$125$63$27
49 years$766$427$226$115$57$24
50 years$742$407$212$107$52$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $760,000, adding $4,166 every year, while hoping to spend $47,679 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: 53/19/28 Blend
40$760,000$760,000$760,000$760,000
41$841,817$801,537$789,757$879,653
42$876,952$790,082$765,484$894,871
43$914,074$776,468$738,800$906,232
44$953,333$760,539$709,573$917,650
45$994,896$742,129$677,667$929,146
46$1,038,945$721,063$642,938$940,753
47$1,085,678$697,155$605,237$952,504
48$1,135,311$670,210$564,407$964,443
49$1,188,082$640,020$520,284$976,619
50$1,244,251$606,365$472,698$989,091
51$1,304,101$569,013$421,469$1,001,927
52$1,367,943$527,718$366,412$1,015,205
53$1,436,117$482,221$307,332$1,029,017
54$1,508,998$432,247$244,024$1,043,467
55$1,586,994$377,505$176,277$1,058,675
56$1,670,554$317,690$103,869$1,074,778
57$1,760,171$252,476$26,569$1,091,932
58$1,856,384$181,523$0$1,110,314
59$1,959,786$104,468$0$1,146,835
60$2,071,027$20,931$0$1,194,570
61$2,190,822$0$0$1,245,910
62$2,319,956$0$0$1,315,758
63$2,459,290$0$0$1,395,901
64$2,609,771$0$0$1,482,517
65$2,772,440$0$0$1,576,210
66$2,948,440$0$0$1,677,648
67$3,139,027$0$0$1,787,563
68$3,345,585$0$0$1,906,762
69$3,569,633$0$0$2,036,131
70$3,812,842$0$0$2,176,644
71$4,077,050$0$0$2,329,373
72$4,364,279$0$0$2,495,498
73$4,676,753$0$0$2,676,317
74$5,016,921$0$0$2,873,257
75$5,387,474$0$0$3,087,889
76$5,791,377$0$0$3,321,943
77$6,231,891$0$0$3,577,321
78$6,712,606$0$0$3,856,120
79$7,237,473$0$0$4,160,643
80$7,810,842$0$0$4,493,432
81$8,437,502$0$0$4,857,279
82$9,122,726$0$0$5,255,262
83$9,872,316$0$0$5,690,770
84$10,692,666$0$0$6,167,533
85$11,590,813$0$0$6,689,659
86$12,574,506$0$0$7,261,673
87$13,652,282$0$0$7,888,557
88$14,833,539$0$0$8,575,798
89$16,128,628$0$0$9,329,440
90$17,548,952$0$0$10,156,139
91$19,107,068$0$0$11,063,227
92$20,816,808$0$0$12,058,780
93$22,693,407$0$0$13,151,692
94$24,753,647$0$0$14,351,764
95$27,016,016$0$0$15,669,789
96$29,500,877$0$0$17,117,657
97$32,230,665$0$0$18,708,470
98$35,230,094$0$0$20,456,656
99$38,526,388$0$0$22,378,116
100$42,149,544$0$0$24,490,362