Can I retire at age 41 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$70,192$69,567$68,957$68,362$67,780$67,240
2 years$34,749$34,101$33,474$32,866$32,276$31,732
3 years$22,936$22,286$21,660$21,058$20,477$19,946
4 years$17,030$16,382$15,763$15,171$14,605$14,090
5 years$13,488$12,844$12,233$11,653$11,102$10,605
6 years$11,127$10,488$9,886$9,319$8,785$8,307
7 years$9,442$8,808$8,215$7,661$7,144$6,685
8 years$8,178$7,550$6,967$6,427$5,927$5,487
9 years$7,196$6,574$6,001$5,474$4,991$4,570
10 years$6,410$5,794$5,232$4,719$4,253$3,850
11 years$5,768$5,158$4,606$4,107$3,658$3,273
12 years$5,234$4,630$4,088$3,602$3,170$2,803
13 years$4,781$4,184$3,652$3,180$2,764$2,415
14 years$4,394$3,803$3,281$2,823$2,423$2,091
15 years$4,059$3,474$2,963$2,518$2,133$1,818
16 years$3,766$3,188$2,686$2,254$1,885$1,587
17 years$3,507$2,936$2,444$2,026$1,672$1,389
18 years$3,278$2,713$2,231$1,825$1,486$1,218
19 years$3,073$2,514$2,043$1,649$1,325$1,071
20 years$2,889$2,336$1,875$1,494$1,183$944
21 years$2,722$2,176$1,724$1,356$1,059$833
22 years$2,571$2,031$1,589$1,233$949$736
23 years$2,433$1,900$1,467$1,123$852$652
24 years$2,307$1,780$1,357$1,024$766$577
25 years$2,191$1,670$1,257$935$689$512
26 years$2,085$1,570$1,166$855$621$455
27 years$1,986$1,478$1,082$783$560$404
28 years$1,894$1,392$1,006$717$505$359
29 years$1,809$1,313$936$658$456$319
30 years$1,730$1,240$872$603$412$284
31 years$1,656$1,173$813$554$373$253
32 years$1,587$1,109$759$509$337$225
33 years$1,522$1,051$708$468$305$201
34 years$1,461$996$662$431$276$179
35 years$1,404$945$619$397$250$159
36 years$1,350$897$579$365$227$142
37 years$1,299$851$542$337$205$127
38 years$1,251$809$507$310$186$113
39 years$1,205$769$475$286$169$101
40 years$1,162$732$446$264$153$90
41 years$1,121$697$418$243$139$80
42 years$1,082$664$392$225$126$72
43 years$1,045$632$368$207$114$64
44 years$1,010$603$345$192$104$57
45 years$976$575$324$177$94$51
46 years$944$548$304$163$86$46
47 years$914$523$286$151$78$41
48 years$885$500$269$139$71$36
49 years$857$477$253$129$64$33
50 years$830$456$238$119$58$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $850,000, adding $4,357 every year, while hoping to spend $42,596 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: 65/9/26 Blend
40$850,000$850,000$850,000$850,000
41$941,194$896,144$882,969$995,688
42$991,874$894,733$867,227$1,031,583
43$1,046,296$891,826$849,530$1,065,649
44$1,104,796$887,303$829,767$1,101,932
45$1,167,744$881,040$807,823$1,140,655
46$1,235,546$872,903$783,577$1,182,062
47$1,308,648$862,751$756,903$1,226,427
48$1,387,539$850,435$727,668$1,274,051
49$1,472,757$835,796$695,734$1,325,266
50$1,564,893$818,665$660,956$1,380,442
51$1,664,598$798,865$623,184$1,439,987
52$1,772,586$776,208$582,259$1,504,352
53$1,889,641$750,494$538,016$1,574,037
54$2,016,628$721,512$490,284$1,649,595
55$2,154,497$689,038$438,880$1,731,636
56$2,304,291$652,837$383,619$1,820,837
57$2,467,160$612,657$324,302$1,917,943
58$2,644,369$568,236$260,724$2,023,780
59$2,837,308$519,293$192,672$2,139,262
60$3,047,509$465,534$119,922$2,265,396
61$3,276,655$406,645$42,239$2,403,298
62$3,526,600$342,296$0$2,554,198
63$3,799,385$272,141$0$2,730,737
64$4,097,255$195,809$0$2,936,377
65$4,422,684$112,913$0$3,161,121
66$4,778,394$23,041$0$3,406,879
67$5,167,380$0$0$3,675,757
68$5,592,943$0$0$3,977,427
69$6,058,716$0$0$4,310,153
70$6,568,700$0$0$4,674,518
71$7,127,299$0$0$5,073,678
72$7,739,367$0$0$5,511,106
73$8,410,245$0$0$5,990,630
74$9,145,820$0$0$6,516,462
75$9,952,571$0$0$7,093,246
76$10,837,638$0$0$7,726,092
77$11,808,884$0$0$8,420,633
78$12,874,970$0$0$9,183,071
79$14,045,436$0$0$10,020,239
80$15,330,793$0$0$10,939,664
81$16,742,616$0$0$11,949,637
82$18,293,660$0$0$13,059,292
83$19,997,975$0$0$14,278,692
84$21,871,037$0$0$15,618,923
85$23,929,901$0$0$17,092,196
86$26,193,351$0$0$18,711,969
87$28,682,084$0$0$20,493,063
88$31,418,905$0$0$22,451,813
89$34,428,935$0$0$24,606,211
90$37,739,856$0$0$26,976,083
91$41,382,164$0$0$29,583,274
92$45,389,462$0$0$32,451,850
93$49,798,774$0$0$35,608,331
94$54,650,893$0$0$39,081,933
95$59,990,765$0$0$42,904,852
96$65,867,918$0$0$47,112,561
97$72,336,920$0$0$51,744,145
98$79,457,900$0$0$56,842,674
99$87,297,113$0$0$62,455,601
100$95,927,562$0$0$68,635,219