Can I retire at age 41 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$68,541$67,930$67,334$66,753$66,185$64,195
2 years$33,931$33,299$32,687$32,093$31,517$29,529
3 years$22,396$21,761$21,150$20,562$19,996$18,072
4 years$16,630$15,997$15,392$14,814$14,261$12,416
5 years$13,171$12,542$11,945$11,378$10,841$9,080
6 years$10,865$10,241$9,653$9,099$8,578$6,903
7 years$9,220$8,601$8,022$7,481$6,976$5,386
8 years$7,986$7,372$6,803$6,276$5,788$4,282
9 years$7,026$6,419$5,860$5,346$4,874$3,451
10 years$6,260$5,658$5,109$4,608$4,153$2,811
11 years$5,633$5,037$4,497$4,010$3,572$2,308
12 years$5,110$4,521$3,991$3,518$3,095$1,908
13 years$4,669$4,086$3,566$3,105$2,699$1,585
14 years$4,291$3,714$3,204$2,757$2,366$1,322
15 years$3,963$3,393$2,893$2,458$2,083$1,107
16 years$3,677$3,113$2,623$2,201$1,841$929
17 years$3,425$2,867$2,387$1,978$1,632$782
18 years$3,201$2,649$2,179$1,782$1,451$659
19 years$3,001$2,455$1,995$1,611$1,294$557
20 years$2,821$2,281$1,830$1,459$1,156$471
21 years$2,658$2,125$1,684$1,324$1,034$398
22 years$2,511$1,983$1,552$1,204$927$338
23 years$2,376$1,855$1,433$1,096$832$286
24 years$2,253$1,738$1,325$1,000$748$243
25 years$2,140$1,631$1,227$913$673$206
26 years$2,036$1,533$1,138$835$606$175
27 years$1,939$1,443$1,057$764$547$149
28 years$1,850$1,359$983$700$493$127
29 years$1,767$1,283$914$642$445$108
30 years$1,690$1,211$852$589$402$92
31 years$1,617$1,145$794$541$364$78
32 years$1,550$1,083$741$497$329$66
33 years$1,486$1,026$692$457$298$56
34 years$1,427$972$646$421$270$48
35 years$1,371$922$604$387$244$41
36 years$1,318$875$565$357$221$35
37 years$1,268$831$529$329$201$30
38 years$1,221$790$495$303$182$25
39 years$1,177$751$464$279$165$21
40 years$1,135$715$435$258$150$18
41 years$1,095$680$408$238$136$16
42 years$1,057$648$383$219$123$13
43 years$1,021$617$359$203$112$11
44 years$986$589$337$187$101$10
45 years$953$561$317$173$92$8
46 years$922$535$297$160$84$7
47 years$892$511$279$147$76$6
48 years$864$488$262$136$69$5
49 years$836$466$247$126$63$4
50 years$810$445$232$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $830,000, adding $6,268 every year, while hoping to spend $50,503 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: 61/18/21 Blend
40$830,000$830,000$830,000$830,000
41$921,125$877,135$864,270$971,892
42$961,345$866,380$839,489$996,219
43$1,003,975$853,405$812,184$1,016,632
44$1,049,207$838,049$782,219$1,037,771
45$1,097,252$820,139$749,449$1,059,714
46$1,148,340$799,494$713,723$1,082,550
47$1,202,722$775,921$674,885$1,106,376
48$1,260,675$749,216$632,769$1,131,304
49$1,322,500$719,164$587,203$1,157,460
50$1,388,528$685,536$538,007$1,184,983
51$1,459,122$648,091$484,994$1,214,031
52$1,534,679$606,574$427,968$1,244,780
53$1,615,634$560,714$366,723$1,277,429
54$1,702,466$510,227$301,046$1,312,197
55$1,795,700$454,809$230,712$1,349,334
56$1,895,909$394,144$155,490$1,389,113
57$2,003,728$327,892$75,134$1,431,845
58$2,119,848$255,699$0$1,477,874
59$2,245,032$177,188$0$1,529,961
60$2,380,118$91,962$0$1,604,278
61$2,526,024$0$0$1,684,508
62$2,683,761$0$0$1,771,327
63$2,854,440$0$0$1,885,029
64$3,039,282$0$0$2,008,219
65$3,239,629$0$0$2,141,799
66$3,456,956$0$0$2,286,759
67$3,692,889$0$0$2,444,189
68$3,949,211$0$0$2,615,289
69$4,227,886$0$0$2,801,378
70$4,531,076$0$0$3,003,907
71$4,861,158$0$0$3,224,472
72$5,220,748$0$0$3,464,831
73$5,612,723$0$0$3,726,918
74$6,040,253$0$0$4,012,862
75$6,506,825$0$0$4,325,004
76$7,016,277$0$0$4,665,923
77$7,572,834$0$0$5,038,460
78$8,181,148$0$0$5,445,738
79$8,846,341$0$0$5,891,199
80$9,574,050$0$0$6,378,632
81$10,370,486$0$0$6,912,209
82$11,242,485$0$0$7,496,524
83$12,197,575$0$0$8,136,637
84$13,244,047$0$0$8,838,118
85$14,391,032$0$0$9,607,103
86$15,648,587$0$0$10,450,351
87$17,027,788$0$0$11,375,306
88$18,540,832$0$0$12,390,164
89$20,201,158$0$0$13,503,958
90$22,023,565$0$0$14,726,633
91$24,024,358$0$0$16,069,147
92$26,221,495$0$0$17,543,571
93$28,634,759$0$0$19,163,199
94$31,285,944$0$0$20,942,681
95$34,199,059$0$0$22,898,152
96$37,400,553$0$0$25,047,389
97$40,919,565$0$0$27,409,978
98$44,788,197$0$0$30,007,495
99$49,041,817$0$0$32,863,713
100$53,719,391$0$0$36,004,821