Can I retire at age 41 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$64,412$63,838$63,278$62,732$62,198$60,425
2 years$31,887$31,293$30,718$30,160$29,618$27,846
3 years$21,047$20,450$19,876$19,323$18,791$17,075
4 years$15,628$15,033$14,465$13,921$13,402$11,755
5 years$12,377$11,786$11,225$10,693$10,188$8,614
6 years$10,211$9,624$9,072$8,551$8,061$6,563
7 years$8,664$8,082$7,539$7,031$6,556$5,133
8 years$7,505$6,928$6,393$5,898$5,439$4,090
9 years$6,603$6,032$5,507$5,024$4,580$3,305
10 years$5,882$5,317$4,801$4,330$3,903$2,698
11 years$5,293$4,734$4,227$3,769$3,356$2,222
12 years$4,803$4,249$3,751$3,306$2,909$1,841
13 years$4,388$3,839$3,351$2,918$2,536$1,533
14 years$4,032$3,490$3,011$2,591$2,223$1,283
15 years$3,725$3,188$2,719$2,310$1,958$1,077
16 years$3,456$2,925$2,465$2,069$1,730$907
17 years$3,219$2,694$2,243$1,859$1,534$765
18 years$3,008$2,489$2,047$1,675$1,364$647
19 years$2,820$2,307$1,874$1,514$1,216$548
20 years$2,651$2,144$1,720$1,371$1,086$465
21 years$2,498$1,997$1,582$1,244$972$395
22 years$2,359$1,864$1,458$1,131$871$335
23 years$2,233$1,743$1,346$1,030$782$285
24 years$2,117$1,633$1,245$940$703$243
25 years$2,011$1,533$1,153$858$632$207
26 years$1,913$1,441$1,070$785$570$176
27 years$1,822$1,356$993$718$514$150
28 years$1,738$1,278$923$658$463$128
29 years$1,660$1,205$859$603$418$109
30 years$1,588$1,138$800$554$378$93
31 years$1,520$1,076$746$509$342$80
32 years$1,456$1,018$696$467$309$68
33 years$1,397$964$650$430$280$58
34 years$1,341$914$607$395$253$50
35 years$1,288$867$568$364$229$42
36 years$1,239$823$531$335$208$36
37 years$1,192$781$497$309$188$31
38 years$1,148$743$466$285$171$26
39 years$1,106$706$436$263$155$23
40 years$1,066$672$409$242$141$19
41 years$1,029$639$383$223$127$16
42 years$993$609$360$206$116$14
43 years$959$580$337$190$105$12
44 years$927$553$317$176$95$10
45 years$896$527$297$162$87$9
46 years$867$503$279$150$79$8
47 years$839$480$262$139$71$6
48 years$812$458$247$128$65$5
49 years$786$438$232$118$59$5
50 years$762$418$218$109$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $780,000, adding $5,483 every year, while hoping to spend $55,343 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: 53/35/12 Blend
40$780,000$780,000$780,000$780,000
41$865,216$823,876$811,786$908,076
42$894,583$805,361$780,096$919,356
43$925,091$784,084$745,490$925,210
44$956,798$759,852$707,811$930,303
45$989,765$732,458$666,897$934,575
46$1,024,059$701,687$622,576$937,963
47$1,059,751$667,308$574,670$940,404
48$1,096,918$629,078$522,994$941,830
49$1,135,642$586,741$467,352$942,170
50$1,176,011$540,024$407,542$941,351
51$1,218,120$488,642$343,350$939,298
52$1,262,072$432,289$274,557$935,932
53$1,307,978$370,646$200,929$931,171
54$1,355,958$303,374$122,226$924,930
55$1,406,140$230,114$38,195$917,123
56$1,458,665$150,488$0$907,660
57$1,513,684$64,097$0$903,041
58$1,571,362$0$0$902,227
59$1,631,876$0$0$911,617
60$1,695,419$0$0$947,423
61$1,762,203$0$0$985,081
62$1,832,455$0$0$1,024,721
63$1,906,423$0$0$1,066,488
64$1,984,379$0$0$1,110,539
65$2,066,616$0$0$1,157,045
66$2,153,456$0$0$1,206,190
67$2,245,250$0$0$1,258,179
68$2,342,378$0$0$1,313,233
69$2,445,260$0$0$1,371,593
70$2,554,350$0$0$1,433,526
71$2,670,147$0$0$1,499,320
72$2,793,195$0$0$1,569,291
73$2,924,092$0$0$1,643,786
74$3,063,489$0$0$1,723,185
75$3,212,099$0$0$1,807,901
76$3,370,707$0$0$1,898,390
77$3,540,168$0$0$1,995,151
78$3,721,422$0$0$2,098,730
79$3,915,499$0$0$2,209,726
80$4,123,529$0$0$2,328,797
81$4,346,750$0$0$2,456,665
82$4,586,522$0$0$2,594,120
83$4,844,337$0$0$2,742,032
84$5,121,834$0$0$2,901,355
85$5,420,812$0$0$3,073,138
86$5,743,248$0$0$3,258,532
87$6,091,311$0$0$3,458,802
88$6,467,388$0$0$3,675,339
89$6,874,099$0$0$3,909,670
90$7,314,327$0$0$4,163,475
91$7,791,239$0$0$4,438,601
92$8,308,318$0$0$4,737,080
93$8,869,394$0$0$5,061,144
94$9,478,678$0$0$5,413,251
95$10,140,805$0$0$5,796,102
96$10,860,870$0$0$6,212,671
97$11,644,482$0$0$6,666,230
98$12,497,810$0$0$7,160,377
99$13,427,643$0$0$7,699,074
100$14,441,454$0$0$8,286,681