Can I retire at age 41 with 800,000?

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 $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%17.6%
1 years$66,063$65,475$64,901$64,340$63,793$61,825
2 years$32,705$32,095$31,505$30,933$30,378$28,412
3 years$21,586$20,975$20,386$19,819$19,273$17,372
4 years$16,029$15,419$14,836$14,278$13,746$11,923
5 years$12,695$12,088$11,513$10,967$10,449$8,710
6 years$10,473$9,871$9,304$8,771$8,268$6,614
7 years$8,886$8,290$7,732$7,211$6,724$5,155
8 years$7,697$7,106$6,557$6,049$5,578$4,094
9 years$6,773$6,187$5,648$5,152$4,698$3,295
10 years$6,033$5,453$4,924$4,441$4,003$2,681
11 years$5,429$4,855$4,335$3,865$3,442$2,198
12 years$4,926$4,357$3,847$3,390$2,983$1,815
13 years$4,500$3,938$3,437$2,993$2,601$1,505
14 years$4,136$3,579$3,088$2,657$2,280$1,254
15 years$3,820$3,270$2,788$2,370$2,008$1,048
16 years$3,544$3,000$2,528$2,122$1,775$879
17 years$3,301$2,763$2,300$1,906$1,573$738
18 years$3,085$2,553$2,100$1,718$1,399$622
19 years$2,892$2,366$1,922$1,552$1,247$524
20 years$2,719$2,199$1,764$1,406$1,114$442
21 years$2,562$2,048$1,623$1,276$997$374
22 years$2,420$1,912$1,496$1,160$893$316
23 years$2,290$1,788$1,381$1,057$802$268
24 years$2,172$1,675$1,277$964$721$227
25 years$2,063$1,572$1,183$880$649$192
26 years$1,962$1,478$1,097$805$584$163
27 years$1,869$1,391$1,019$737$527$138
28 years$1,783$1,310$947$675$475$117
29 years$1,703$1,236$881$619$429$100
30 years$1,628$1,167$821$568$388$85
31 years$1,559$1,104$765$522$351$72
32 years$1,494$1,044$714$479$317$61
33 years$1,433$989$667$441$287$52
34 years$1,375$937$623$406$260$44
35 years$1,321$889$582$373$235$37
36 years$1,271$844$545$344$213$32
37 years$1,223$801$510$317$193$27
38 years$1,177$762$478$292$175$23
39 years$1,134$724$447$269$159$20
40 years$1,094$689$419$248$144$17
41 years$1,055$656$393$229$131$14
42 years$1,019$625$369$211$119$12
43 years$984$595$346$195$108$10
44 years$951$567$325$180$98$9
45 years$919$541$305$166$89$7
46 years$889$516$287$154$81$6
47 years$860$492$269$142$73$5
48 years$833$470$253$131$66$5
49 years$806$449$238$121$60$4
50 years$781$429$224$112$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $800,000, adding $4,916 every year, while hoping to spend $51,173 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: 49/46/5 Blend
40$800,000$800,000$800,000$800,000
41$886,671$844,271$831,871$928,790
42$922,664$831,192$805,291$944,957
43$960,613$815,758$776,105$956,620
44$1,000,663$797,798$744,173$968,061
45$1,042,974$777,134$709,346$979,272
46$1,087,718$753,574$671,470$990,247
47$1,135,085$726,919$630,383$1,000,983
48$1,185,280$696,954$585,918$1,011,479
49$1,238,529$663,455$537,897$1,021,740
50$1,295,079$626,184$486,136$1,031,774
51$1,355,198$584,889$430,443$1,041,596
52$1,419,183$539,303$370,617$1,051,226
53$1,487,355$489,144$306,448$1,060,691
54$1,560,068$434,115$237,717$1,070,029
55$1,637,710$373,902$164,195$1,079,284
56$1,720,704$308,171$85,644$1,088,512
57$1,809,516$236,571$1,813$1,097,784
58$1,904,656$158,732$0$1,107,182
59$2,006,683$74,262$0$1,121,481
60$2,116,211$0$0$1,136,529
61$2,233,913$0$0$1,161,117
62$2,360,530$0$0$1,228,065
63$2,496,872$0$0$1,300,220
64$2,643,831$0$0$1,378,062
65$2,802,387$0$0$1,462,118
66$2,973,616$0$0$1,552,968
67$3,158,700$0$0$1,651,249
68$3,358,938$0$0$1,757,660
69$3,575,759$0$0$1,872,972
70$3,810,733$0$0$1,998,030
71$4,065,587$0$0$2,133,767
72$4,342,221$0$0$2,281,204
73$4,642,722$0$0$2,441,468
74$4,969,389$0$0$2,615,798
75$5,324,749$0$0$2,805,557
76$5,711,582$0$0$3,012,243
77$6,132,950$0$0$3,237,509
78$6,592,219$0$0$3,483,168
79$7,093,095$0$0$3,751,222
80$7,639,657$0$0$4,043,869
81$8,236,395$0$0$4,363,532
82$8,888,251$0$0$4,712,876
83$9,600,667$0$0$5,094,839
84$10,379,632$0$0$5,512,650
85$11,231,742$0$0$5,969,870
86$12,164,259$0$0$6,470,417
87$13,185,179$0$0$7,018,605
88$14,303,309$0$0$7,619,187
89$15,528,345$0$0$8,277,396
90$16,870,966$0$0$8,998,996
91$18,342,935$0$0$9,790,333
92$19,957,206$0$0$10,658,401
93$21,728,046$0$0$11,610,899
94$23,671,170$0$0$12,656,310
95$25,803,889$0$0$13,803,978
96$28,145,271$0$0$15,064,195
97$30,716,319$0$0$16,448,298
98$33,540,172$0$0$17,968,778
99$36,642,317$0$0$19,639,394
100$40,050,834$0$0$21,475,303