Can I retire at age 41 with 840,000?

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 $840,000?

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$69,366$68,749$68,146$67,557$66,983$64,917
2 years$34,340$33,700$33,080$32,479$31,897$29,833
3 years$22,666$22,023$21,405$20,810$20,236$18,240
4 years$16,830$16,190$15,578$14,992$14,433$12,519
5 years$13,329$12,693$12,089$11,516$10,972$9,146
6 years$10,996$10,365$9,770$9,209$8,681$6,945
7 years$9,331$8,704$8,119$7,571$7,060$5,413
8 years$8,082$7,461$6,885$6,351$5,857$4,298
9 years$7,111$6,496$5,930$5,410$4,933$3,460
10 years$6,335$5,726$5,170$4,663$4,203$2,815
11 years$5,700$5,098$4,552$4,059$3,615$2,308
12 years$5,172$4,575$4,039$3,560$3,132$1,905
13 years$4,725$4,135$3,609$3,143$2,731$1,581
14 years$4,342$3,758$3,243$2,790$2,394$1,317
15 years$4,011$3,433$2,928$2,488$2,108$1,101
16 years$3,722$3,150$2,654$2,228$1,863$923
17 years$3,466$2,901$2,415$2,002$1,652$775
18 years$3,240$2,681$2,205$1,804$1,469$653
19 years$3,037$2,484$2,019$1,630$1,309$550
20 years$2,855$2,309$1,853$1,476$1,169$465
21 years$2,690$2,150$1,704$1,340$1,047$393
22 years$2,541$2,007$1,570$1,218$938$332
23 years$2,405$1,877$1,450$1,109$842$281
24 years$2,280$1,759$1,341$1,012$757$238
25 years$2,166$1,651$1,242$924$681$202
26 years$2,060$1,551$1,152$845$613$171
27 years$1,963$1,460$1,070$773$553$145
28 years$1,872$1,376$994$709$499$123
29 years$1,788$1,298$925$650$451$105
30 years$1,710$1,226$862$596$407$89
31 years$1,637$1,159$804$548$368$76
32 years$1,568$1,096$750$503$333$64
33 years$1,504$1,038$700$463$301$55
34 years$1,444$984$654$426$273$46
35 years$1,387$933$612$392$247$39
36 years$1,334$886$572$361$224$33
37 years$1,284$841$535$333$203$28
38 years$1,236$800$501$307$184$24
39 years$1,191$760$470$283$167$21
40 years$1,148$723$440$261$151$17
41 years$1,108$689$413$241$137$15
42 years$1,069$656$387$222$125$13
43 years$1,033$625$363$205$113$11
44 years$998$596$341$189$103$9
45 years$965$568$320$175$93$8
46 years$933$542$301$161$85$7
47 years$903$517$283$149$77$6
48 years$874$494$266$138$70$5
49 years$847$471$250$127$63$4
50 years$820$450$235$118$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $840,000, adding $5,122 every year, while hoping to spend $20,630 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: 53/41/6 Blend
40$840,000$840,000$840,000$840,000
41$930,963$886,443$873,423$978,747
42$1,003,971$907,929$880,733$1,033,157
43$1,083,735$929,776$887,596$1,089,618
44$1,170,921$951,980$893,975$1,150,539
45$1,266,265$974,537$899,833$1,216,346
46$1,370,574$997,440$905,128$1,287,506
47$1,484,741$1,020,682$909,818$1,364,533
48$1,609,745$1,044,256$913,857$1,447,994
49$1,746,666$1,068,152$917,199$1,538,512
50$1,896,695$1,092,360$919,794$1,636,776
51$2,061,140$1,116,868$921,590$1,743,541
52$2,241,445$1,141,663$922,531$1,859,642
53$2,439,198$1,166,730$922,562$1,985,996
54$2,656,149$1,192,053$921,620$2,123,616
55$2,894,226$1,217,613$919,645$2,273,614
56$3,155,552$1,243,392$916,568$2,437,219
57$3,442,466$1,269,365$912,320$2,615,783
58$3,757,545$1,295,511$906,830$2,810,796
59$4,103,625$1,321,802$900,020$3,023,900
60$4,483,834$1,348,210$891,810$3,256,903
61$4,901,617$1,374,703$882,117$3,511,798
62$5,360,766$1,401,249$870,852$3,790,782
63$5,865,464$1,427,809$857,925$4,096,275
64$6,420,314$1,454,344$843,238$4,430,944
65$7,030,391$1,480,812$826,692$4,797,727
66$7,701,285$1,507,166$808,180$5,199,863
67$8,439,154$1,533,355$787,592$5,640,922
68$9,250,785$1,559,327$764,814$6,124,835
69$10,143,653$1,585,022$739,723$6,655,937
70$11,125,997$1,610,380$712,195$7,239,005
71$12,206,892$1,635,331$682,097$7,879,303
72$13,396,338$1,659,806$649,291$8,582,633
73$14,705,355$1,683,727$613,632$9,355,388
74$16,146,084$1,707,012$574,971$10,204,615
75$17,731,901$1,729,572$533,149$11,138,079
76$19,477,548$1,751,314$488,003$12,164,339
77$21,399,265$1,772,136$439,358$13,292,827
78$23,514,951$1,791,931$387,038$14,533,940
79$25,844,325$1,810,585$330,852$15,899,134
80$28,409,117$1,827,974$270,606$17,401,035
81$31,233,270$1,843,969$206,095$19,053,560
82$34,343,170$1,858,429$137,106$20,872,046
83$37,767,889$1,871,208$63,414$22,873,395
84$41,539,463$1,882,146$0$25,076,238
85$45,693,194$1,891,077$0$27,502,079
86$50,267,982$1,897,822$0$30,176,967
87$55,306,691$1,902,191$0$33,121,794
88$60,856,558$1,903,982$0$36,364,058
89$66,969,631$1,902,982$0$39,934,070
90$73,703,267$1,898,962$0$43,865,231
91$81,120,671$1,891,681$0$48,194,352
92$89,291,489$1,880,884$0$52,962,001
93$98,292,471$1,866,297$0$58,212,887
94$108,208,190$1,847,633$0$63,996,282
95$119,131,844$1,824,585$0$70,366,488
96$131,166,133$1,796,831$0$77,383,348
97$144,424,229$1,764,026$0$85,112,815
98$159,030,844$1,725,807$0$93,627,571
99$175,123,407$1,681,788$0$103,007,717
100$192,853,361$1,631,562$0$113,341,529