Can I retire at age 41 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$63,586$63,019$62,467$61,928$61,401$60,087
2 years$31,478$30,892$30,324$29,773$29,239$27,922
3 years$20,777$20,188$19,621$19,076$18,550$17,271
4 years$15,427$14,840$14,279$13,743$13,230$11,998
5 years$12,219$11,635$11,081$10,556$10,057$8,877
6 years$10,080$9,501$8,955$8,442$7,958$6,830
7 years$8,553$7,979$7,442$6,940$6,472$5,396
8 years$7,408$6,839$6,311$5,822$5,369$4,345
9 years$6,519$5,955$5,436$4,959$4,522$3,549
10 years$5,807$5,249$4,739$4,275$3,853$2,931
11 years$5,225$4,673$4,172$3,720$3,313$2,441
12 years$4,741$4,194$3,703$3,263$2,871$2,046
13 years$4,331$3,790$3,308$2,881$2,504$1,725
14 years$3,981$3,445$2,972$2,557$2,195$1,461
15 years$3,677$3,147$2,684$2,281$1,933$1,242
16 years$3,411$2,888$2,433$2,042$1,708$1,059
17 years$3,177$2,659$2,214$1,835$1,514$906
18 years$2,970$2,457$2,021$1,654$1,347$776
19 years$2,784$2,277$1,850$1,494$1,200$666
20 years$2,617$2,116$1,698$1,353$1,072$573
21 years$2,466$1,971$1,562$1,228$959$493
22 years$2,329$1,840$1,440$1,117$860$425
23 years$2,204$1,721$1,329$1,017$772$367
24 years$2,090$1,612$1,229$928$694$317
25 years$1,985$1,513$1,139$847$624$274
26 years$1,888$1,422$1,056$775$562$237
27 years$1,799$1,338$981$709$507$205
28 years$1,716$1,261$912$650$457$177
29 years$1,639$1,190$848$596$413$153
30 years$1,567$1,124$790$547$373$133
31 years$1,500$1,062$737$502$337$115
32 years$1,438$1,005$687$461$305$100
33 years$1,379$952$642$424$276$86
34 years$1,324$902$600$390$250$75
35 years$1,272$856$561$359$227$65
36 years$1,223$812$524$331$205$56
37 years$1,177$771$491$305$186$49
38 years$1,133$733$460$281$169$42
39 years$1,092$697$431$259$153$37
40 years$1,053$663$404$239$139$32
41 years$1,016$631$378$221$126$28
42 years$980$601$355$204$114$24
43 years$947$573$333$188$104$21
44 years$915$546$313$173$94$18
45 years$884$521$294$160$85$16
46 years$855$497$276$148$78$14
47 years$828$474$259$137$70$12
48 years$801$453$243$126$64$10
49 years$776$432$229$117$58$9
50 years$752$413$215$108$53$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $770,000, adding $2,727 every year, while hoping to spend $22,130 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: 27/50/23 Blend
40$770,000$770,000$770,000$770,000
41$851,353$810,543$798,608$868,106
42$914,645$826,713$801,815$897,757
43$983,651$842,934$804,388$927,453
44$1,058,930$859,185$806,282$958,871
45$1,141,099$875,443$807,451$992,172
46$1,230,835$891,684$807,844$1,027,532
47$1,328,884$907,881$807,411$1,065,148
48$1,436,069$924,005$806,097$1,105,236
49$1,553,292$940,026$803,846$1,148,036
50$1,681,551$955,910$800,598$1,193,813
51$1,821,942$971,622$796,291$1,242,859
52$1,975,672$987,124$790,859$1,295,497
53$2,144,071$1,002,374$784,233$1,352,087
54$2,328,604$1,017,328$776,342$1,413,023
55$2,530,883$1,031,938$767,111$1,478,742
56$2,752,684$1,046,154$756,461$1,549,728
57$2,995,964$1,059,922$744,308$1,626,514
58$3,262,878$1,073,183$730,568$1,709,692
59$3,555,799$1,085,876$715,149$1,799,912
60$3,877,341$1,097,935$697,957$1,897,897
61$4,230,383$1,109,288$678,893$2,004,442
62$4,618,100$1,119,860$657,853$2,120,427
63$5,043,984$1,129,571$634,729$2,246,823
64$5,511,885$1,138,335$609,407$2,384,706
65$6,026,046$1,146,062$581,770$2,535,259
66$6,591,136$1,152,653$551,694$2,699,795
67$7,212,305$1,158,006$519,049$2,879,758
68$7,895,223$1,162,011$483,699$3,076,748
69$8,646,137$1,164,550$445,504$3,292,527
70$9,471,931$1,165,501$404,317$3,529,044
71$10,380,188$1,164,731$359,981$3,788,450
72$11,379,264$1,162,099$312,338$4,073,118
73$12,478,365$1,157,458$261,217$4,385,672
74$13,687,634$1,150,650$206,444$4,729,003
75$15,018,248$1,141,507$147,836$5,106,306
76$16,482,521$1,129,853$85,199$5,521,107
77$18,094,021$1,115,498$18,336$5,977,297
78$19,867,697$1,098,243$0$6,479,170
79$21,820,023$1,077,878$0$7,044,476
80$23,969,150$1,054,178$0$7,671,081
81$26,335,077$1,026,907$0$8,360,306
82$28,939,842$995,814$0$9,118,577
83$31,807,730$960,632$0$9,952,979
84$34,965,496$921,081$0$10,871,325
85$38,442,626$876,863$0$11,882,233
86$42,271,609$827,665$0$12,995,203
87$46,488,245$773,152$0$14,220,712
88$51,131,983$712,974$0$15,570,314
89$56,246,294$646,757$0$17,056,746
90$61,879,078$574,110$0$18,694,054
91$68,083,119$494,617$0$20,497,725
92$74,916,582$407,838$0$22,484,835
93$82,443,562$313,310$0$24,674,210
94$90,734,686$210,544$0$27,086,608
95$99,867,784$99,020$0$29,744,914
96$109,928,620$0$0$32,674,359
97$121,011,703$0$0$35,914,758
98$133,221,176$0$0$39,544,696
99$146,671,804$0$0$43,543,837
100$161,490,051$0$0$47,949,806