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%18.8%
1 years$70,192$69,567$68,957$68,362$67,780$65,375
2 years$34,749$34,101$33,474$32,866$32,276$29,879
3 years$22,936$22,286$21,660$21,058$20,477$18,163
4 years$17,030$16,382$15,763$15,171$14,605$12,391
5 years$13,488$12,844$12,233$11,653$11,102$8,995
6 years$11,127$10,488$9,886$9,319$8,785$6,786
7 years$9,442$8,808$8,215$7,661$7,144$5,253
8 years$8,178$7,550$6,967$6,427$5,927$4,142
9 years$7,196$6,574$6,001$5,474$4,991$3,310
10 years$6,410$5,794$5,232$4,719$4,253$2,672
11 years$5,768$5,158$4,606$4,107$3,658$2,174
12 years$5,234$4,630$4,088$3,602$3,170$1,780
13 years$4,781$4,184$3,652$3,180$2,764$1,465
14 years$4,394$3,803$3,281$2,823$2,423$1,210
15 years$4,059$3,474$2,963$2,518$2,133$1,003
16 years$3,766$3,188$2,686$2,254$1,885$834
17 years$3,507$2,936$2,444$2,026$1,672$694
18 years$3,278$2,713$2,231$1,825$1,486$579
19 years$3,073$2,514$2,043$1,649$1,325$484
20 years$2,889$2,336$1,875$1,494$1,183$405
21 years$2,722$2,176$1,724$1,356$1,059$339
22 years$2,571$2,031$1,589$1,233$949$284
23 years$2,433$1,900$1,467$1,123$852$238
24 years$2,307$1,780$1,357$1,024$766$200
25 years$2,191$1,670$1,257$935$689$168
26 years$2,085$1,570$1,166$855$621$141
27 years$1,986$1,478$1,082$783$560$118
28 years$1,894$1,392$1,006$717$505$100
29 years$1,809$1,313$936$658$456$84
30 years$1,730$1,240$872$603$412$70
31 years$1,656$1,173$813$554$373$59
32 years$1,587$1,109$759$509$337$50
33 years$1,522$1,051$708$468$305$42
34 years$1,461$996$662$431$276$35
35 years$1,404$945$619$397$250$30
36 years$1,350$897$579$365$227$25
37 years$1,299$851$542$337$205$21
38 years$1,251$809$507$310$186$18
39 years$1,205$769$475$286$169$15
40 years$1,162$732$446$264$153$13
41 years$1,121$697$418$243$139$11
42 years$1,082$664$392$225$126$9
43 years$1,045$632$368$207$114$7
44 years$1,010$603$345$192$104$6
45 years$976$575$324$177$94$5
46 years$944$548$304$163$86$4
47 years$914$523$286$151$78$4
48 years$885$500$269$139$71$3
49 years$857$477$253$129$64$3
50 years$830$456$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $850,000, adding $6,119 every year, while hoping to spend $33,845 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: 73/14/13 Blend
40$850,000$850,000$850,000$850,000
41$943,012$897,962$884,787$1,008,825
42$1,003,188$905,951$878,416$1,061,178
43$1,068,368$913,197$870,698$1,113,737
44$1,139,026$919,629$861,551$1,170,394
45$1,215,685$925,169$850,891$1,231,548
46$1,298,918$929,735$838,629$1,297,635
47$1,389,356$933,240$824,672$1,369,139
48$1,487,695$935,593$808,922$1,446,591
49$1,594,697$936,695$791,279$1,530,579
50$1,711,205$936,442$771,635$1,621,749
51$1,838,142$934,722$749,879$1,720,814
52$1,976,528$931,418$725,895$1,828,560
53$2,127,482$926,406$699,561$1,945,855
54$2,292,238$919,553$670,749$2,073,654
55$2,472,153$910,718$639,326$2,213,010
56$2,668,722$899,752$605,153$2,365,086
57$2,883,589$886,498$568,084$2,531,161
58$3,118,568$870,789$527,966$2,712,649
59$3,375,650$852,446$484,642$2,911,107
60$3,657,033$831,283$437,945$3,128,251
61$3,965,135$807,100$387,700$3,365,975
62$4,302,619$779,688$333,728$3,626,364
63$4,672,416$748,823$275,838$3,911,722
64$5,077,757$714,270$213,833$4,224,584
65$5,522,199$675,779$147,507$4,567,748
66$6,009,659$633,088$76,644$4,944,298
67$6,544,452$585,917$1,020$5,357,634
68$7,131,331$533,972$0$5,811,505
69$7,775,531$476,941$0$6,321,097
70$8,482,818$414,494$0$6,880,783
71$9,259,546$346,284$0$7,495,480
72$10,112,711$271,944$0$8,170,764
73$11,050,023$191,085$0$8,912,779
74$12,079,974$103,297$0$9,728,297
75$13,211,920$8,147$0$10,624,779
76$14,456,168$0$0$11,610,451
77$15,824,073$0$0$12,708,984
78$17,328,145$0$0$13,918,294
79$18,982,168$0$0$15,248,212
80$20,801,329$0$0$16,710,955
81$22,802,357$0$0$18,319,981
82$25,003,688$0$0$20,090,120
83$27,425,633$0$0$22,037,711
84$30,090,570$0$0$24,180,756
85$33,023,158$0$0$26,539,089
86$36,250,566$0$0$29,134,568
87$39,802,729$0$0$31,991,273
88$43,712,633$0$0$35,135,738
89$48,016,622$0$0$38,597,202
90$52,754,746$0$0$42,407,880
91$57,971,132$0$0$46,603,271
92$63,714,404$0$0$51,222,490
93$70,038,142$0$0$56,308,639
94$77,001,384$0$0$61,909,210
95$84,669,187$0$0$68,076,538
96$93,113,236$0$0$74,868,290
97$102,412,524$0$0$82,348,011
98$112,654,094$0$0$90,585,723
99$123,933,861$0$0$99,658,585
100$136,357,520$0$0$109,651,622