Can I retire at age 41 with 850,000?

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 $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%18.4%
1 years$70,192$69,567$68,957$68,362$67,780$65,480
2 years$34,749$34,101$33,474$32,866$32,276$29,981
3 years$22,936$22,286$21,660$21,058$20,477$18,261
4 years$17,030$16,382$15,763$15,171$14,605$12,483
5 years$13,488$12,844$12,233$11,653$11,102$9,081
6 years$11,127$10,488$9,886$9,319$8,785$6,865
7 years$9,442$8,808$8,215$7,661$7,144$5,327
8 years$8,178$7,550$6,967$6,427$5,927$4,210
9 years$7,196$6,574$6,001$5,474$4,991$3,372
10 years$6,410$5,794$5,232$4,719$4,253$2,730
11 years$5,768$5,158$4,606$4,107$3,658$2,227
12 years$5,234$4,630$4,088$3,602$3,170$1,828
13 years$4,781$4,184$3,652$3,180$2,764$1,509
14 years$4,394$3,803$3,281$2,823$2,423$1,250
15 years$4,059$3,474$2,963$2,518$2,133$1,039
16 years$3,766$3,188$2,686$2,254$1,885$866
17 years$3,507$2,936$2,444$2,026$1,672$723
18 years$3,278$2,713$2,231$1,825$1,486$605
19 years$3,073$2,514$2,043$1,649$1,325$507
20 years$2,889$2,336$1,875$1,494$1,183$426
21 years$2,722$2,176$1,724$1,356$1,059$357
22 years$2,571$2,031$1,589$1,233$949$301
23 years$2,433$1,900$1,467$1,123$852$253
24 years$2,307$1,780$1,357$1,024$766$213
25 years$2,191$1,670$1,257$935$689$179
26 years$2,085$1,570$1,166$855$621$151
27 years$1,986$1,478$1,082$783$560$127
28 years$1,894$1,392$1,006$717$505$107
29 years$1,809$1,313$936$658$456$91
30 years$1,730$1,240$872$603$412$76
31 years$1,656$1,173$813$554$373$64
32 years$1,587$1,109$759$509$337$54
33 years$1,522$1,051$708$468$305$46
34 years$1,461$996$662$431$276$39
35 years$1,404$945$619$397$250$33
36 years$1,350$897$579$365$227$28
37 years$1,299$851$542$337$205$23
38 years$1,251$809$507$310$186$20
39 years$1,205$769$475$286$169$17
40 years$1,162$732$446$264$153$14
41 years$1,121$697$418$243$139$12
42 years$1,082$664$392$225$126$10
43 years$1,045$632$368$207$114$8
44 years$1,010$603$345$192$104$7
45 years$976$575$324$177$94$6
46 years$944$548$304$163$86$5
47 years$914$523$286$151$78$4
48 years$885$500$269$139$71$4
49 years$857$477$253$129$64$3
50 years$830$456$238$119$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $850,000, adding $6,135 every year, while hoping to spend $37,921 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: 60/34/6 Blend
40$850,000$850,000$850,000$850,000
41$943,028$897,978$884,803$998,164
42$998,869$901,632$874,097$1,039,454
43$1,059,136$904,193$861,760$1,079,552
44$1,124,238$905,569$847,700$1,122,321
45$1,194,628$905,660$831,816$1,168,018
46$1,270,804$904,360$814,005$1,216,929
47$1,353,310$901,558$794,158$1,269,367
48$1,442,748$897,135$772,163$1,325,681
49$1,539,778$890,964$747,900$1,386,253
50$1,645,125$882,912$721,245$1,451,510
51$1,759,589$872,836$692,068$1,521,921
52$1,884,049$860,586$660,233$1,598,005
53$2,019,470$846,003$625,599$1,680,335
54$2,166,916$828,917$588,017$1,769,545
55$2,327,558$809,151$547,332$1,866,336
56$2,502,684$786,514$503,383$1,971,482
57$2,693,710$760,805$455,998$2,085,838
58$2,902,197$731,813$405,003$2,210,348
59$3,129,862$699,313$350,211$2,346,058
60$3,378,596$663,068$291,431$2,494,121
61$3,650,479$622,824$228,461$2,655,809
62$3,947,803$578,318$161,090$2,832,532
63$4,273,092$529,268$89,099$3,025,843
64$4,629,121$475,377$12,258$3,237,459
65$5,018,952$416,330$0$3,469,276
66$5,445,951$351,797$0$3,727,852
67$5,913,829$281,426$0$4,012,162
68$6,426,671$204,847$0$4,323,990
69$6,988,976$121,669$0$4,666,170
70$7,605,700$31,479$0$5,041,834
71$8,282,301$0$0$5,454,433
72$9,024,791$0$0$5,932,531
73$9,839,793$0$0$6,470,318
74$10,734,600$0$0$7,060,839
75$11,717,249$0$0$7,709,405
76$12,796,592$0$0$8,421,868
77$13,982,379$0$0$9,204,674
78$15,285,353$0$0$10,064,926
79$16,717,349$0$0$11,010,446
80$18,291,405$0$0$12,049,855
81$20,021,884$0$0$13,192,649
82$21,924,612$0$0$14,449,289
83$24,017,024$0$0$15,831,303
84$26,318,329$0$0$17,351,390
85$28,849,691$0$0$19,023,543
86$31,634,430$0$0$20,863,178
87$34,698,237$0$0$22,887,282
88$38,069,421$0$0$25,114,570
89$41,779,172$0$0$27,565,665
90$45,861,859$0$0$30,263,287
91$50,355,347$0$0$33,232,474
92$55,301,362$0$0$36,500,811
93$60,745,878$0$0$40,098,695
94$66,739,554$0$0$44,059,619
95$73,338,209$0$0$48,420,490
96$80,603,351$0$0$53,221,973
97$88,602,753$0$0$58,508,879
98$97,411,097$0$0$64,330,586
99$107,110,674$0$0$70,741,501
100$117,792,163$0$0$77,801,579