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%12.2%
1 years$64,412$63,838$63,278$62,732$62,198$61,626
2 years$31,887$31,293$30,718$30,160$29,618$29,041
3 years$21,047$20,450$19,876$19,323$18,791$18,228
4 years$15,628$15,033$14,465$13,921$13,402$12,856
5 years$12,377$11,786$11,225$10,693$10,188$9,662
6 years$10,211$9,624$9,072$8,551$8,061$7,556
7 years$8,664$8,082$7,539$7,031$6,556$6,071
8 years$7,505$6,928$6,393$5,898$5,439$4,974
9 years$6,603$6,032$5,507$5,024$4,580$4,136
10 years$5,882$5,317$4,801$4,330$3,903$3,478
11 years$5,293$4,734$4,227$3,769$3,356$2,951
12 years$4,803$4,249$3,751$3,306$2,909$2,523
13 years$4,388$3,839$3,351$2,918$2,536$2,169
14 years$4,032$3,490$3,011$2,591$2,223$1,875
15 years$3,725$3,188$2,719$2,310$1,958$1,627
16 years$3,456$2,925$2,465$2,069$1,730$1,416
17 years$3,219$2,694$2,243$1,859$1,534$1,237
18 years$3,008$2,489$2,047$1,675$1,364$1,083
19 years$2,820$2,307$1,874$1,514$1,216$951
20 years$2,651$2,144$1,720$1,371$1,086$836
21 years$2,498$1,997$1,582$1,244$972$736
22 years$2,359$1,864$1,458$1,131$871$649
23 years$2,233$1,743$1,346$1,030$782$573
24 years$2,117$1,633$1,245$940$703$507
25 years$2,011$1,533$1,153$858$632$448
26 years$1,913$1,441$1,070$785$570$397
27 years$1,822$1,356$993$718$514$352
28 years$1,738$1,278$923$658$463$312
29 years$1,660$1,205$859$603$418$277
30 years$1,588$1,138$800$554$378$246
31 years$1,520$1,076$746$509$342$218
32 years$1,456$1,018$696$467$309$194
33 years$1,397$964$650$430$280$172
34 years$1,341$914$607$395$253$153
35 years$1,288$867$568$364$229$136
36 years$1,239$823$531$335$208$121
37 years$1,192$781$497$309$188$108
38 years$1,148$743$466$285$171$96
39 years$1,106$706$436$263$155$85
40 years$1,066$672$409$242$141$76
41 years$1,029$639$383$223$127$68
42 years$993$609$360$206$116$60
43 years$959$580$337$190$105$54
44 years$927$553$317$176$95$48
45 years$896$527$297$162$87$43
46 years$867$503$279$150$79$38
47 years$839$480$262$139$71$34
48 years$812$458$247$128$65$30
49 years$786$438$232$118$59$27
50 years$762$418$218$109$53$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $780,000, adding $6,173 every year, while hoping to spend $59,612 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: 52/36/12 Blend
40$780,000$780,000$780,000$780,000
41$865,927$824,587$812,497$907,899
42$890,825$801,566$776,289$914,195
43$916,265$775,418$736,870$914,159
44$942,238$745,928$694,070$912,752
45$968,735$712,867$647,710$909,860
46$995,742$675,993$597,604$905,361
47$1,023,242$635,051$543,558$899,124
48$1,051,214$589,769$485,368$891,010
49$1,079,632$539,862$422,823$880,871
50$1,108,467$485,028$355,699$868,548
51$1,137,682$424,946$283,767$853,870
52$1,167,236$359,278$206,783$836,657
53$1,197,079$287,669$124,496$816,714
54$1,227,157$209,740$36,643$793,835
55$1,257,404$125,094$0$767,798
56$1,287,746$33,311$0$745,680
57$1,318,099$0$0$725,397
58$1,348,366$0$0$728,187
59$1,378,439$0$0$744,019
60$1,408,194$0$0$759,625
61$1,437,492$0$0$774,923
62$1,466,178$0$0$789,823
63$1,494,074$0$0$804,223
64$1,520,983$0$0$818,007
65$1,546,685$0$0$831,047
66$1,570,931$0$0$843,200
67$1,593,444$0$0$854,305
68$1,613,915$0$0$864,184
69$1,631,999$0$0$872,636
70$1,647,312$0$0$879,440
71$1,659,426$0$0$884,349
72$1,667,864$0$0$887,088
73$1,672,097$0$0$887,350
74$1,671,536$0$0$884,798
75$1,665,527$0$0$879,053
76$1,653,346$0$0$869,699
77$1,634,188$0$0$856,272
78$1,607,159$0$0$838,258
79$1,571,272$0$0$815,088
80$1,525,430$0$0$786,131
81$1,468,419$0$0$750,689
82$1,398,897$0$0$707,991
83$1,315,375$0$0$657,180
84$1,216,208$0$0$597,311
85$1,099,576$0$0$527,338
86$963,466$0$0$446,105
87$805,653$0$0$352,332
88$623,676$0$0$244,608
89$414,816$0$0$121,370
90$176,069$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0