Can I retire at age 41 with 820,000?

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 $820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$67,715$67,112$66,523$65,949$65,388$62,993
2 years$33,522$32,898$32,293$31,706$31,137$28,751
3 years$22,126$21,499$20,896$20,314$19,755$17,452
4 years$16,429$15,804$15,207$14,635$14,089$11,888
5 years$13,012$12,391$11,801$11,241$10,710$8,616
6 years$10,735$10,118$9,537$8,990$8,475$6,489
7 years$9,108$8,497$7,925$7,391$6,892$5,015
8 years$7,889$7,283$6,721$6,200$5,718$3,947
9 years$6,942$6,342$5,789$5,281$4,815$3,148
10 years$6,184$5,590$5,047$4,552$4,103$2,537
11 years$5,565$4,976$4,443$3,962$3,529$2,060
12 years$5,049$4,466$3,943$3,475$3,058$1,684
13 years$4,613$4,036$3,523$3,068$2,666$1,383
14 years$4,239$3,669$3,165$2,723$2,337$1,140
15 years$3,916$3,352$2,858$2,429$2,058$943
16 years$3,633$3,075$2,591$2,175$1,819$782
17 years$3,384$2,832$2,358$1,954$1,613$650
18 years$3,162$2,617$2,152$1,761$1,434$541
19 years$2,965$2,425$1,970$1,591$1,278$451
20 years$2,787$2,254$1,808$1,441$1,142$376
21 years$2,626$2,099$1,663$1,308$1,022$314
22 years$2,480$1,960$1,533$1,189$916$263
23 years$2,348$1,833$1,416$1,083$822$220
24 years$2,226$1,717$1,309$988$739$184
25 years$2,114$1,611$1,212$902$665$154
26 years$2,011$1,515$1,125$825$599$129
27 years$1,916$1,425$1,044$755$540$108
28 years$1,828$1,343$971$692$487$91
29 years$1,746$1,267$903$634$440$76
30 years$1,669$1,197$841$582$398$64
31 years$1,598$1,131$784$535$359$54
32 years$1,531$1,070$732$491$325$45
33 years$1,468$1,014$683$452$294$38
34 years$1,410$961$639$416$266$32
35 years$1,354$911$597$383$241$27
36 years$1,302$865$558$352$219$22
37 years$1,253$821$523$325$198$19
38 years$1,207$781$489$299$180$16
39 years$1,163$742$459$276$163$13
40 years$1,121$706$430$255$148$11
41 years$1,082$672$403$235$134$9
42 years$1,044$640$378$217$122$8
43 years$1,008$610$355$200$110$7
44 years$974$581$333$185$100$6
45 years$942$555$313$171$91$5
46 years$911$529$294$158$83$4
47 years$882$505$276$146$75$3
48 years$853$482$259$135$68$3
49 years$826$460$244$124$62$2
50 years$801$440$229$115$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $820,000, adding $5,701 every year, while hoping to spend $34,423 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: 67/12/21 Blend
40$820,000$820,000$820,000$820,000
41$909,521$866,061$853,351$965,284
42$965,666$871,872$845,312$1,009,179
43$1,026,384$876,814$835,850$1,052,672
44$1,092,106$880,808$824,882$1,099,416
45$1,163,304$883,771$812,318$1,149,730
46$1,240,497$885,612$798,068$1,203,967
47$1,324,259$886,238$782,033$1,262,517
48$1,415,216$885,547$764,115$1,325,808
49$1,514,062$883,432$744,206$1,394,315
50$1,621,557$879,781$722,198$1,468,563
51$1,738,537$874,471$697,973$1,549,129
52$1,865,924$867,377$671,411$1,636,650
53$2,004,732$858,362$642,387$1,731,831
54$2,156,075$847,282$610,767$1,835,448
55$2,321,181$833,985$576,415$1,948,359
56$2,501,401$818,310$539,184$2,071,509
57$2,698,223$800,087$498,926$2,205,944
58$2,913,284$779,133$455,482$2,352,815
59$3,148,385$755,257$408,687$2,513,392
60$3,405,513$728,257$358,370$2,689,079
61$3,686,851$697,917$304,352$2,881,423
62$3,994,806$664,011$246,444$3,092,131
63$4,332,027$626,299$184,450$3,323,087
64$4,701,432$584,525$118,167$3,576,369
65$5,106,233$538,422$47,381$3,854,269
66$5,549,970$487,706$0$4,159,316
67$6,036,539$432,076$0$4,500,610
68$6,570,233$371,215$0$4,886,656
69$7,155,780$304,788$0$5,310,276
70$7,798,388$232,440$0$5,775,270
71$8,503,792$153,798$0$6,285,825
72$9,278,311$68,467$0$6,846,557
73$10,128,906$0$0$7,462,552
74$11,063,244$0$0$8,142,581
75$12,089,771$0$0$8,899,693
76$13,217,795$0$0$9,731,717
77$14,457,565$0$0$10,646,222
78$15,820,375$0$0$11,651,546
79$17,318,668$0$0$12,756,874
80$18,966,153$0$0$13,972,327
81$20,777,932$0$0$15,309,055
82$22,770,645$0$0$16,779,343
83$24,962,626$0$0$18,396,726
84$27,374,075$0$0$20,176,118
85$30,027,246$0$0$22,133,951
86$32,946,664$0$0$24,288,328
87$36,159,346$0$0$26,659,198
88$39,695,063$0$0$29,268,541
89$43,586,619$0$0$32,140,575
90$47,870,157$0$0$35,301,985
91$52,585,504$0$0$38,782,177
92$57,776,543$0$0$42,613,548
93$63,491,628$0$0$46,831,801
94$69,784,041$0$0$51,476,273
95$76,712,492$0$0$56,590,312
96$84,341,676$0$0$62,221,681
97$92,742,879$0$0$68,423,014
98$101,994,652$0$0$75,252,306
99$112,183,554$0$0$82,773,465
100$123,404,966$0$0$91,056,914