Can I retire at age 41 with 770,000?

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 $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%19.2%
1 years$63,586$63,019$62,467$61,928$61,401$59,128
2 years$31,478$30,892$30,324$29,773$29,239$26,975
3 years$20,777$20,188$19,621$19,076$18,550$16,366
4 years$15,427$14,840$14,279$13,743$13,230$11,143
5 years$12,219$11,635$11,081$10,556$10,057$8,072
6 years$10,080$9,501$8,955$8,442$7,958$6,076
7 years$8,553$7,979$7,442$6,940$6,472$4,693
8 years$7,408$6,839$6,311$5,822$5,369$3,691
9 years$6,519$5,955$5,436$4,959$4,522$2,942
10 years$5,807$5,249$4,739$4,275$3,853$2,370
11 years$5,225$4,673$4,172$3,720$3,313$1,923
12 years$4,741$4,194$3,703$3,263$2,871$1,571
13 years$4,331$3,790$3,308$2,881$2,504$1,289
14 years$3,981$3,445$2,972$2,557$2,195$1,062
15 years$3,677$3,147$2,684$2,281$1,933$878
16 years$3,411$2,888$2,433$2,042$1,708$727
17 years$3,177$2,659$2,214$1,835$1,514$604
18 years$2,970$2,457$2,021$1,654$1,347$502
19 years$2,784$2,277$1,850$1,494$1,200$418
20 years$2,617$2,116$1,698$1,353$1,072$349
21 years$2,466$1,971$1,562$1,228$959$291
22 years$2,329$1,840$1,440$1,117$860$243
23 years$2,204$1,721$1,329$1,017$772$203
24 years$2,090$1,612$1,229$928$694$170
25 years$1,985$1,513$1,139$847$624$142
26 years$1,888$1,422$1,056$775$562$119
27 years$1,799$1,338$981$709$507$100
28 years$1,716$1,261$912$650$457$84
29 years$1,639$1,190$848$596$413$70
30 years$1,567$1,124$790$547$373$59
31 years$1,500$1,062$737$502$337$49
32 years$1,438$1,005$687$461$305$41
33 years$1,379$952$642$424$276$35
34 years$1,324$902$600$390$250$29
35 years$1,272$856$561$359$227$24
36 years$1,223$812$524$331$205$20
37 years$1,177$771$491$305$186$17
38 years$1,133$733$460$281$169$14
39 years$1,092$697$431$259$153$12
40 years$1,053$663$404$239$139$10
41 years$1,016$631$378$221$126$8
42 years$980$601$355$204$114$7
43 years$947$573$333$188$104$6
44 years$915$546$313$173$94$5
45 years$884$521$294$160$85$4
46 years$855$497$276$148$78$4
47 years$828$474$259$137$70$3
48 years$801$453$243$126$64$2
49 years$776$432$229$117$58$2
50 years$752$413$215$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $770,000, adding $6,754 every year, while hoping to spend $31,626 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: 56/14/30 Blend
40$770,000$770,000$770,000$770,000
41$855,507$814,697$802,762$895,977
42$909,119$820,967$796,004$930,895
43$967,139$826,485$787,961$965,095
44$1,029,984$831,179$778,554$1,001,732
45$1,098,111$834,976$767,705$1,041,052
46$1,172,024$837,796$755,329$1,083,328
47$1,252,277$839,553$741,338$1,128,863
48$1,339,477$840,160$725,641$1,177,989
49$1,434,295$839,519$708,141$1,231,078
50$1,537,467$837,529$688,738$1,288,537
51$1,649,805$834,084$667,327$1,350,819
52$1,772,199$829,069$643,797$1,418,423
53$1,905,633$822,362$618,033$1,491,901
54$2,051,185$813,836$589,915$1,571,865
55$2,210,047$803,354$559,318$1,658,989
56$2,383,525$790,773$526,109$1,754,020
57$2,573,063$775,938$490,151$1,857,781
58$2,780,245$758,689$451,301$1,971,184
59$3,006,819$738,854$409,409$2,095,234
60$3,254,707$716,251$364,317$2,231,044
61$3,526,028$690,688$315,862$2,379,841
62$3,823,113$661,961$263,873$2,542,981
63$4,148,529$629,856$208,172$2,721,963
64$4,505,105$594,145$148,572$2,918,440
65$4,895,955$554,587$84,877$3,134,238
66$5,324,508$510,927$16,886$3,371,374
67$5,794,542$462,897$0$3,632,075
68$6,310,218$410,211$0$3,936,617
69$6,876,118$352,570$0$4,276,820
70$7,497,292$289,656$0$4,650,341
71$8,179,300$221,133$0$5,060,563
72$8,928,267$146,647$0$5,511,211
73$9,750,941$65,823$0$6,006,395
74$10,654,755$0$0$6,550,644
75$11,647,899$0$0$7,152,298
76$12,739,393$0$0$7,824,752
77$13,939,178$0$0$8,563,998
78$15,258,202$0$0$9,376,792
79$16,708,529$0$0$10,270,579
80$18,303,450$0$0$11,253,558
81$20,057,609$0$0$12,334,766
82$21,987,139$0$0$13,524,157
83$24,109,816$0$0$14,832,700
84$26,445,226$0$0$16,272,481
85$29,014,948$0$0$17,856,815
86$31,842,760$0$0$19,600,374
87$34,954,860$0$0$21,519,324
88$38,380,113$0$0$23,631,478
89$42,150,329$0$0$25,956,463
90$46,300,553$0$0$28,515,906
91$50,869,402$0$0$31,333,636
92$55,899,430$0$0$34,435,912
93$61,437,523$0$0$37,851,666
94$67,535,346$0$0$41,612,781
95$74,249,830$0$0$45,754,387
96$81,643,706$0$0$50,315,196
97$89,786,101$0$0$55,337,865
98$98,753,183$0$0$60,869,396
99$108,628,889$0$0$66,961,587
100$119,505,707$0$0$73,671,511