Can I retire at age 41 with 780,000?

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 $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%18.2%
1 years$64,412$63,838$63,278$62,732$62,198$60,135
2 years$31,887$31,293$30,718$30,160$29,618$27,560
3 years$21,047$20,450$19,876$19,323$18,791$16,802
4 years$15,628$15,033$14,465$13,921$13,402$11,497
5 years$12,377$11,786$11,225$10,693$10,188$8,372
6 years$10,211$9,624$9,072$8,551$8,061$6,337
7 years$8,664$8,082$7,539$7,031$6,556$4,922
8 years$7,505$6,928$6,393$5,898$5,439$3,895
9 years$6,603$6,032$5,507$5,024$4,580$3,124
10 years$5,882$5,317$4,801$4,330$3,903$2,532
11 years$5,293$4,734$4,227$3,769$3,356$2,068
12 years$4,803$4,249$3,751$3,306$2,909$1,700
13 years$4,388$3,839$3,351$2,918$2,536$1,405
14 years$4,032$3,490$3,011$2,591$2,223$1,165
15 years$3,725$3,188$2,719$2,310$1,958$970
16 years$3,456$2,925$2,465$2,069$1,730$810
17 years$3,219$2,694$2,243$1,859$1,534$677
18 years$3,008$2,489$2,047$1,675$1,364$568
19 years$2,820$2,307$1,874$1,514$1,216$476
20 years$2,651$2,144$1,720$1,371$1,086$400
21 years$2,498$1,997$1,582$1,244$972$337
22 years$2,359$1,864$1,458$1,131$871$284
23 years$2,233$1,743$1,346$1,030$782$239
24 years$2,117$1,633$1,245$940$703$202
25 years$2,011$1,533$1,153$858$632$170
26 years$1,913$1,441$1,070$785$570$143
27 years$1,822$1,356$993$718$514$121
28 years$1,738$1,278$923$658$463$102
29 years$1,660$1,205$859$603$418$86
30 years$1,588$1,138$800$554$378$73
31 years$1,520$1,076$746$509$342$62
32 years$1,456$1,018$696$467$309$52
33 years$1,397$964$650$430$280$44
34 years$1,341$914$607$395$253$37
35 years$1,288$867$568$364$229$32
36 years$1,239$823$531$335$208$27
37 years$1,192$781$497$309$188$23
38 years$1,148$743$466$285$171$19
39 years$1,106$706$436$263$155$16
40 years$1,066$672$409$242$141$14
41 years$1,029$639$383$223$127$12
42 years$993$609$360$206$116$10
43 years$959$580$337$190$105$8
44 years$927$553$317$176$95$7
45 years$896$527$297$162$87$6
46 years$867$503$279$150$79$5
47 years$839$480$262$139$71$4
48 years$812$458$247$128$65$4
49 years$786$438$232$118$59$3
50 years$762$418$218$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $780,000, adding $6,302 every year, while hoping to spend $35,206 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: 75/9/16 Blend
40$780,000$780,000$780,000$780,000
41$866,061$824,721$812,631$927,477
42$916,940$827,673$802,395$971,907
43$971,829$829,590$790,636$1,015,611
44$1,031,099$830,384$777,266$1,062,567
45$1,095,160$829,961$762,193$1,113,089
46$1,164,460$828,223$745,320$1,167,523
47$1,239,492$825,064$726,546$1,226,250
48$1,320,801$820,372$705,765$1,289,691
49$1,408,981$814,028$682,867$1,358,309
50$1,504,689$805,908$657,736$1,432,616
51$1,608,648$795,878$630,250$1,513,177
52$1,721,650$783,796$600,284$1,600,612
53$1,844,570$769,514$567,705$1,695,608
54$1,978,368$752,872$532,375$1,798,922
55$2,124,101$733,702$494,149$1,911,387
56$2,282,933$711,827$452,877$2,033,924
57$2,456,145$687,059$408,400$2,167,548
58$2,645,145$659,199$360,555$2,313,377
59$2,851,485$628,035$309,169$2,472,645
60$3,076,873$593,344$254,063$2,646,712
61$3,323,188$554,892$195,048$2,837,081
62$3,592,500$512,429$131,929$3,045,405
63$3,887,088$465,691$64,501$3,273,508
64$4,209,461$414,400$0$3,523,405
65$4,562,381$358,261$0$3,798,585
66$4,948,891$296,963$0$4,112,058
67$5,372,342$230,177$0$4,455,539
68$5,836,422$157,557$0$4,832,042
69$6,345,195$78,736$0$5,244,893
70$6,903,138$0$0$5,697,753
71$7,515,178$0$0$6,195,319
72$8,186,746$0$0$6,749,867
73$8,923,823$0$0$7,358,541
74$9,732,995$0$0$8,026,787
75$10,621,519$0$0$8,760,599
76$11,597,389$0$0$9,566,586
77$12,669,411$0$0$10,452,025
78$13,847,285$0$0$11,424,932
79$15,141,698$0$0$12,494,139
80$16,564,425$0$0$13,669,378
81$18,128,435$0$0$14,961,367
82$19,848,019$0$0$16,381,917
83$21,738,921$0$0$17,944,039
84$23,818,487$0$0$19,662,070
85$26,105,827$0$0$21,551,804
86$28,621,999$0$0$23,630,643
87$31,390,201$0$0$25,917,761
88$34,435,996$0$0$28,434,284
89$37,787,548$0$0$31,203,489
90$41,475,890$0$0$34,251,024
91$45,535,213$0$0$37,605,148
92$50,003,194$0$0$41,296,998
93$54,921,346$0$0$45,360,886
94$60,335,411$0$0$49,834,615
95$66,295,792$0$0$54,759,842
96$72,858,025$0$0$60,182,469
97$80,083,309$0$0$66,153,073
98$88,039,075$0$0$72,727,386
99$96,799,627$0$0$79,966,821
100$106,446,845$0$0$87,939,046