Can I retire at age 41 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$66,063$65,475$64,901$64,340$63,793$62,403
2 years$32,705$32,095$31,505$30,933$30,378$28,984
3 years$21,586$20,975$20,386$19,819$19,273$17,920
4 years$16,029$15,419$14,836$14,278$13,746$12,443
5 years$12,695$12,088$11,513$10,967$10,449$9,201
6 years$10,473$9,871$9,304$8,771$8,268$7,075
7 years$8,886$8,290$7,732$7,211$6,724$5,587
8 years$7,697$7,106$6,557$6,049$5,578$4,496
9 years$6,773$6,187$5,648$5,152$4,698$3,670
10 years$6,033$5,453$4,924$4,441$4,003$3,029
11 years$5,429$4,855$4,335$3,865$3,442$2,521
12 years$4,926$4,357$3,847$3,390$2,983$2,112
13 years$4,500$3,938$3,437$2,993$2,601$1,780
14 years$4,136$3,579$3,088$2,657$2,280$1,506
15 years$3,820$3,270$2,788$2,370$2,008$1,280
16 years$3,544$3,000$2,528$2,122$1,775$1,090
17 years$3,301$2,763$2,300$1,906$1,573$932
18 years$3,085$2,553$2,100$1,718$1,399$798
19 years$2,892$2,366$1,922$1,552$1,247$684
20 years$2,719$2,199$1,764$1,406$1,114$588
21 years$2,562$2,048$1,623$1,276$997$506
22 years$2,420$1,912$1,496$1,160$893$436
23 years$2,290$1,788$1,381$1,057$802$375
24 years$2,172$1,675$1,277$964$721$324
25 years$2,063$1,572$1,183$880$649$280
26 years$1,962$1,478$1,097$805$584$242
27 years$1,869$1,391$1,019$737$527$209
28 years$1,783$1,310$947$675$475$181
29 years$1,703$1,236$881$619$429$156
30 years$1,628$1,167$821$568$388$135
31 years$1,559$1,104$765$522$351$117
32 years$1,494$1,044$714$479$317$101
33 years$1,433$989$667$441$287$88
34 years$1,375$937$623$406$260$76
35 years$1,321$889$582$373$235$66
36 years$1,271$844$545$344$213$57
37 years$1,223$801$510$317$193$49
38 years$1,177$762$478$292$175$43
39 years$1,134$724$447$269$159$37
40 years$1,094$689$419$248$144$32
41 years$1,055$656$393$229$131$28
42 years$1,019$625$369$211$119$24
43 years$984$595$346$195$108$21
44 years$951$567$325$180$98$18
45 years$919$541$305$166$89$16
46 years$889$516$287$154$81$14
47 years$860$492$269$142$73$12
48 years$833$470$253$131$66$10
49 years$806$449$238$121$60$9
50 years$781$429$224$112$55$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $800,000, adding $4,912 every year, while hoping to spend $39,848 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: 73/22/5 Blend
40$800,000$800,000$800,000$800,000
41$886,667$844,267$831,867$950,674
42$934,709$843,238$817,336$992,459
43$986,316$840,823$800,984$1,032,688
44$1,041,809$836,912$782,705$1,075,603
45$1,101,541$831,389$762,394$1,121,455
46$1,165,900$824,129$739,936$1,170,521
47$1,235,312$815,002$715,214$1,223,107
48$1,310,245$803,867$688,105$1,279,553
49$1,391,212$790,579$658,478$1,340,229
50$1,478,778$774,980$626,200$1,405,549
51$1,573,564$756,905$591,128$1,475,966
52$1,676,253$736,178$553,117$1,551,981
53$1,787,595$712,615$512,010$1,634,148
54$1,908,416$686,019$467,648$1,723,076
55$2,039,622$656,182$419,863$1,819,440
56$2,182,213$622,885$368,477$1,923,982
57$2,337,287$585,893$313,309$2,037,524
58$2,506,051$544,963$254,166$2,160,971
59$2,689,835$499,834$190,848$2,295,322
60$2,890,103$450,230$123,146$2,441,680
61$3,108,464$395,862$50,842$2,601,262
62$3,346,691$336,422$0$2,775,412
63$3,606,733$271,587$0$2,967,015
64$3,890,738$201,013$0$3,179,289
65$4,201,069$124,338$0$3,411,336
66$4,540,328$41,181$0$3,665,161
67$4,911,381$0$0$3,942,977
68$5,317,381$0$0$4,259,051
69$5,761,801$0$0$4,615,985
70$6,248,467$0$0$5,006,885
71$6,781,590$0$0$5,435,139
72$7,365,809$0$0$5,904,478
73$8,006,232$0$0$6,419,010
74$8,708,485$0$0$6,983,261
75$9,478,765$0$0$7,602,216
76$10,323,896$0$0$8,281,364
77$11,251,398$0$0$9,026,752
78$12,269,550$0$0$9,845,042
79$13,387,475$0$0$10,743,570
80$14,615,221$0$0$11,730,420
81$15,963,857$0$0$12,814,495
82$17,445,577$0$0$14,005,604
83$19,073,814$0$0$15,314,553
84$20,863,369$0$0$16,753,247
85$22,830,545$0$0$18,334,801
86$24,993,306$0$0$20,073,664
87$27,371,440$0$0$21,985,756
88$29,986,752$0$0$24,088,615
89$32,863,263$0$0$26,401,565
90$36,027,441$0$0$28,945,898
91$39,508,448$0$0$31,745,072
92$43,338,412$0$0$34,824,931
93$47,552,736$0$0$38,213,955
94$52,190,426$0$0$41,943,521
95$57,294,461$0$0$46,048,203
96$62,912,197$0$0$50,566,095
97$69,095,813$0$0$55,539,173
98$75,902,805$0$0$61,013,688
99$83,396,525$0$0$67,040,603
100$91,646,782$0$0$73,676,075