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%12.5%
1 years$66,063$65,475$64,901$64,340$63,793$63,127
2 years$32,705$32,095$31,505$30,933$30,378$29,707
3 years$21,586$20,975$20,386$19,819$19,273$18,618
4 years$16,029$15,419$14,836$14,278$13,746$13,112
5 years$12,695$12,088$11,513$10,967$10,449$9,839
6 years$10,473$9,871$9,304$8,771$8,268$7,681
7 years$8,886$8,290$7,732$7,211$6,724$6,161
8 years$7,697$7,106$6,557$6,049$5,578$5,040
9 years$6,773$6,187$5,648$5,152$4,698$4,183
10 years$6,033$5,453$4,924$4,441$4,003$3,511
11 years$5,429$4,855$4,335$3,865$3,442$2,974
12 years$4,926$4,357$3,847$3,390$2,983$2,537
13 years$4,500$3,938$3,437$2,993$2,601$2,178
14 years$4,136$3,579$3,088$2,657$2,280$1,878
15 years$3,820$3,270$2,788$2,370$2,008$1,626
16 years$3,544$3,000$2,528$2,122$1,775$1,413
17 years$3,301$2,763$2,300$1,906$1,573$1,232
18 years$3,085$2,553$2,100$1,718$1,399$1,076
19 years$2,892$2,366$1,922$1,552$1,247$942
20 years$2,719$2,199$1,764$1,406$1,114$827
21 years$2,562$2,048$1,623$1,276$997$726
22 years$2,420$1,912$1,496$1,160$893$639
23 years$2,290$1,788$1,381$1,057$802$563
24 years$2,172$1,675$1,277$964$721$497
25 years$2,063$1,572$1,183$880$649$438
26 years$1,962$1,478$1,097$805$584$387
27 years$1,869$1,391$1,019$737$527$342
28 years$1,783$1,310$947$675$475$303
29 years$1,703$1,236$881$619$429$268
30 years$1,628$1,167$821$568$388$237
31 years$1,559$1,104$765$522$351$210
32 years$1,494$1,044$714$479$317$186
33 years$1,433$989$667$441$287$165
34 years$1,375$937$623$406$260$147
35 years$1,321$889$582$373$235$130
36 years$1,271$844$545$344$213$115
37 years$1,223$801$510$317$193$102
38 years$1,177$762$478$292$175$91
39 years$1,134$724$447$269$159$81
40 years$1,094$689$419$248$144$72
41 years$1,055$656$393$229$131$64
42 years$1,019$625$369$211$119$56
43 years$984$595$346$195$108$50
44 years$951$567$325$180$98$45
45 years$919$541$305$166$89$40
46 years$889$516$287$154$81$35
47 years$860$492$269$142$73$31
48 years$833$470$253$131$66$28
49 years$806$449$238$121$60$25
50 years$781$429$224$112$55$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $800,000, adding $3,919 every year, while hoping to spend $28,837 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: 47/24/29 Blend
40$800,000$800,000$800,000$800,000
41$885,642$843,242$830,842$919,740
42$945,296$853,879$827,993$954,871
43$1,010,067$864,070$824,082$989,879
44$1,080,448$873,764$819,043$1,027,332
45$1,156,980$882,904$812,807$1,067,474
46$1,240,257$891,432$805,301$1,110,577
47$1,330,934$899,283$796,450$1,156,942
48$1,429,731$906,390$786,173$1,206,901
49$1,537,442$912,681$774,388$1,260,822
50$1,654,939$918,080$761,008$1,319,110
51$1,783,181$922,505$745,940$1,382,216
52$1,923,227$925,869$729,090$1,450,636
53$2,076,239$928,079$710,358$1,524,921
54$2,243,499$929,039$689,639$1,605,678
55$2,426,417$928,643$666,823$1,693,578
56$2,626,547$926,782$641,796$1,789,364
57$2,845,598$923,337$614,440$1,893,856
58$3,085,453$918,184$584,627$2,007,961
59$3,348,185$911,192$552,229$2,132,680
60$3,636,079$902,219$517,107$2,269,121
61$3,951,649$891,118$479,120$2,418,504
62$4,297,665$877,730$438,119$2,582,181
63$4,677,178$861,890$393,946$2,761,643
64$5,093,547$843,419$346,440$2,958,538
65$5,550,473$822,131$295,431$3,174,683
66$6,052,033$797,828$240,740$3,412,088
67$6,602,719$770,299$182,182$3,672,970
68$7,207,475$739,323$119,565$3,959,777
69$7,871,752$704,664$52,684$4,275,212
70$8,601,552$666,075$0$4,622,259
71$9,403,489$623,291$0$5,009,993
72$10,284,847$576,034$0$5,454,039
73$11,253,653$524,012$0$5,942,161
74$12,318,750$466,913$0$6,478,860
75$13,489,879$404,408$0$7,069,098
76$14,777,774$336,151$0$7,718,346
77$16,194,260$261,775$0$8,432,637
78$17,752,365$180,893$0$9,218,621
79$19,466,446$93,096$0$10,083,628
80$21,352,318$0$0$11,035,742
81$23,427,408$0$0$12,084,414
82$25,710,918$0$0$13,265,573
83$28,224,004$0$0$14,565,590
84$30,989,977$0$0$15,996,537
85$34,034,525$0$0$17,571,716
86$37,385,949$0$0$19,305,784
87$41,075,435$0$0$21,214,893
88$45,137,346$0$0$23,316,838
89$49,609,547$0$0$25,631,229
90$54,533,761$0$0$28,179,675
91$59,955,961$0$0$30,985,985
92$65,926,809$0$0$34,076,396
93$72,502,126$0$0$37,479,819
94$79,743,425$0$0$41,228,112
95$87,718,488$0$0$45,356,379
96$96,502,007$0$0$49,903,304
97$106,176,286$0$0$54,911,513
98$116,832,020$0$0$60,427,979
99$128,569,150$0$0$66,504,462
100$141,497,806$0$0$73,198,001