Can I retire at age 41 with 790,000?

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 $790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$65,237$64,656$64,089$63,536$62,996$61,724
2 years$32,296$31,694$31,111$30,546$29,998$28,722
3 years$21,317$20,713$20,131$19,571$19,032$17,792
4 years$15,828$15,226$14,650$14,100$13,574$12,379
5 years$12,536$11,937$11,369$10,830$10,319$9,173
6 years$10,342$9,748$9,188$8,661$8,165$7,069
7 years$8,775$8,186$7,635$7,121$6,640$5,595
8 years$7,601$7,017$6,475$5,973$5,509$4,513
9 years$6,688$6,110$5,577$5,088$4,639$3,693
10 years$5,958$5,385$4,862$4,386$3,953$3,055
11 years$5,361$4,794$4,281$3,817$3,399$2,549
12 years$4,864$4,303$3,799$3,348$2,946$2,141
13 years$4,444$3,889$3,394$2,956$2,569$1,809
14 years$4,084$3,535$3,050$2,624$2,252$1,535
15 years$3,772$3,229$2,753$2,340$1,983$1,308
16 years$3,500$2,963$2,496$2,095$1,752$1,118
17 years$3,260$2,728$2,272$1,883$1,554$958
18 years$3,047$2,521$2,074$1,697$1,382$822
19 years$2,856$2,337$1,898$1,533$1,231$708
20 years$2,685$2,171$1,742$1,388$1,100$610
21 years$2,530$2,022$1,603$1,260$984$526
22 years$2,390$1,888$1,477$1,146$882$455
23 years$2,262$1,766$1,364$1,043$792$393
24 years$2,144$1,654$1,261$952$712$340
25 years$2,037$1,553$1,168$869$641$295
26 years$1,938$1,459$1,083$795$577$255
27 years$1,846$1,373$1,006$727$520$221
28 years$1,761$1,294$935$666$469$192
29 years$1,682$1,221$870$611$424$167
30 years$1,608$1,153$811$561$383$145
31 years$1,539$1,090$756$515$346$126
32 years$1,475$1,031$705$473$313$109
33 years$1,415$977$658$435$283$95
34 years$1,358$926$615$401$257$83
35 years$1,305$878$575$369$232$72
36 years$1,255$833$538$340$211$62
37 years$1,207$791$504$313$191$54
38 years$1,163$752$472$288$173$47
39 years$1,120$715$442$266$157$41
40 years$1,080$680$414$245$142$36
41 years$1,042$648$388$226$129$31
42 years$1,006$617$364$209$117$27
43 years$971$588$342$193$106$23
44 years$939$560$321$178$97$20
45 years$907$534$301$164$88$18
46 years$878$510$283$152$80$15
47 years$849$486$266$140$72$13
48 years$822$464$250$130$66$12
49 years$796$443$235$120$60$10
50 years$771$424$221$111$54$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $790,000, adding $2,722 every year, while hoping to spend $55,522 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: 34/44/22 Blend
40$790,000$790,000$790,000$790,000
41$873,388$831,518$819,273$897,136
42$903,398$813,187$787,643$896,664
43$934,609$792,097$753,094$890,887
44$967,084$768,055$715,467$883,524
45$1,000,891$740,854$674,600$874,471
46$1,036,105$710,279$630,321$863,614
47$1,072,803$676,098$582,453$850,838
48$1,111,072$638,070$530,808$836,020
49$1,151,002$595,936$475,191$819,031
50$1,192,694$549,427$415,399$799,737
51$1,236,253$498,253$351,220$777,997
52$1,281,795$442,112$282,430$753,664
53$1,329,445$380,682$208,798$726,584
54$1,379,338$313,625$130,082$696,596
55$1,431,620$240,582$46,030$663,532
56$1,486,450$161,175$0$627,217
57$1,544,000$75,005$0$597,720
58$1,604,457$0$0$576,798
59$1,668,023$0$0$562,388
60$1,734,921$0$0$585,482
61$1,805,391$0$0$609,852
62$1,879,694$0$0$635,594
63$1,958,115$0$0$662,813
64$2,040,967$0$0$691,624
65$2,128,587$0$0$722,152
66$2,221,348$0$0$754,533
67$2,319,652$0$0$788,916
68$2,423,944$0$0$825,465
69$2,534,705$0$0$864,359
70$2,652,464$0$0$905,793
71$2,777,801$0$0$949,981
72$2,911,347$0$0$997,157
73$3,053,797$0$0$1,047,580
74$3,205,910$0$0$1,101,530
75$3,368,518$0$0$1,159,317
76$3,542,533$0$0$1,221,279
77$3,728,957$0$0$1,287,788
78$3,928,886$0$0$1,359,252
79$4,143,524$0$0$1,436,118
80$4,374,193$0$0$1,518,880
81$4,622,343$0$0$1,608,075
82$4,889,567$0$0$1,704,298
83$5,177,614$0$0$1,808,200
84$5,488,404$0$0$1,920,497
85$5,824,050$0$0$2,041,976
86$6,186,870$0$0$2,173,502
87$6,579,414$0$0$2,316,026
88$7,004,484$0$0$2,470,593
89$7,465,162$0$0$2,638,353
90$7,964,834$0$0$2,820,571
91$8,507,227$0$0$3,018,639
92$9,096,439$0$0$3,234,086
93$9,736,976$0$0$3,468,596
94$10,433,799$0$0$3,724,023
95$11,192,362$0$0$4,002,404
96$12,018,670$0$0$4,305,984
97$12,919,329$0$0$4,637,231
98$13,901,609$0$0$4,998,866
99$14,973,515$0$0$5,393,879
100$16,143,854$0$0$5,825,565