Can I retire at age 41 with 860,000?

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 $860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$71,018$70,385$69,768$69,166$68,578$67,248
2 years$35,157$34,503$33,868$33,253$32,656$31,322
3 years$23,205$22,548$21,915$21,305$20,718$19,421
4 years$17,231$16,575$15,948$15,349$14,776$13,526
5 years$13,647$12,995$12,377$11,790$11,233$10,033
6 years$11,258$10,611$10,002$9,428$8,888$7,741
7 years$9,553$8,911$8,312$7,752$7,228$6,133
8 years$8,274$7,639$7,049$6,503$5,997$4,953
9 years$7,280$6,651$6,071$5,539$5,050$4,058
10 years$6,486$5,862$5,293$4,774$4,303$3,361
11 years$5,836$5,219$4,660$4,155$3,701$2,808
12 years$5,295$4,684$4,136$3,645$3,207$2,362
13 years$4,838$4,233$3,695$3,218$2,796$1,998
14 years$4,446$3,848$3,320$2,856$2,451$1,698
15 years$4,107$3,515$2,997$2,547$2,158$1,449
16 years$3,810$3,225$2,718$2,281$1,908$1,240
17 years$3,549$2,970$2,473$2,049$1,691$1,064
18 years$3,317$2,745$2,257$1,847$1,504$915
19 years$3,109$2,544$2,067$1,669$1,340$788
20 years$2,923$2,364$1,897$1,511$1,197$680
21 years$2,754$2,202$1,745$1,372$1,071$588
22 years$2,601$2,055$1,608$1,247$960$509
23 years$2,462$1,922$1,485$1,136$862$441
24 years$2,334$1,801$1,373$1,036$775$382
25 years$2,217$1,690$1,272$946$697$331
26 years$2,109$1,588$1,179$865$628$288
27 years$2,009$1,495$1,095$792$566$250
28 years$1,917$1,409$1,018$725$511$217
29 years$1,831$1,329$947$665$461$189
30 years$1,751$1,255$882$611$417$164
31 years$1,676$1,186$823$561$377$143
32 years$1,606$1,123$768$515$341$124
33 years$1,540$1,063$717$474$309$108
34 years$1,479$1,008$670$436$279$94
35 years$1,421$956$626$401$253$82
36 years$1,366$907$586$370$229$71
37 years$1,314$861$548$341$208$62
38 years$1,266$819$513$314$188$54
39 years$1,219$779$481$289$171$47
40 years$1,176$741$451$267$155$41
41 years$1,134$705$423$246$141$36
42 years$1,095$671$397$227$128$31
43 years$1,057$640$372$210$116$27
44 years$1,022$610$349$194$105$24
45 years$988$582$328$179$95$21
46 years$955$555$308$165$87$18
47 years$925$529$289$153$79$16
48 years$895$505$272$141$71$14
49 years$867$483$256$130$65$12
50 years$840$461$240$121$59$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $860,000, adding $3,928 every year, while hoping to spend $37,498 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: 79/13/8 Blend
40$860,000$860,000$860,000$860,000
41$951,772$906,192$892,862$1,025,629
42$1,008,955$910,698$882,875$1,079,140
43$1,070,714$914,167$871,297$1,132,535
44$1,137,476$916,511$858,035$1,189,996
45$1,209,711$917,632$842,991$1,251,911
46$1,287,934$917,429$826,064$1,318,707
47$1,372,713$915,793$807,147$1,390,854
48$1,464,672$912,609$786,129$1,468,871
49$1,564,497$907,755$762,893$1,553,330
50$1,672,943$901,103$737,317$1,644,859
51$1,790,840$892,513$709,273$1,744,152
52$1,919,101$881,841$678,629$1,851,973
53$2,058,730$868,933$645,244$1,969,164
54$2,210,834$853,624$608,973$2,096,655
55$2,376,629$835,741$569,664$2,235,468
56$2,557,455$815,102$527,157$2,386,730
57$2,754,784$791,511$481,286$2,551,685
58$2,970,240$764,763$431,877$2,731,703
59$3,205,608$734,640$378,748$2,928,295
60$3,462,854$700,912$321,711$3,143,124
61$3,744,143$663,334$260,566$3,378,025
62$4,051,858$621,650$195,107$3,635,022
63$4,388,624$575,586$125,119$3,916,344
64$4,757,328$524,855$50,376$4,224,449
65$5,161,154$469,151$0$4,562,046
66$5,603,606$408,154$0$4,934,631
67$6,088,542$341,521$0$5,347,738
68$6,620,212$268,895$0$5,800,715
69$7,203,298$189,895$0$6,297,584
70$7,842,956$104,121$0$6,842,780
71$8,544,863$11,149$0$7,441,189
72$9,315,276$0$0$8,098,195
73$10,161,084$0$0$8,832,531
74$11,089,877$0$0$9,640,695
75$12,110,017$0$0$10,528,369
76$13,230,713$0$0$11,503,573
77$14,462,114$0$0$12,575,138
78$15,815,395$0$0$13,752,797
79$17,302,874$0$0$15,047,269
80$18,938,115$0$0$16,470,365
81$20,736,067$0$0$18,035,098
82$22,713,198$0$0$19,755,803
83$24,887,651$0$0$21,648,276
84$27,279,416$0$0$23,729,918
85$29,910,517$0$0$26,019,904
86$32,805,221$0$0$28,539,358
87$35,990,266$0$0$31,311,558
88$39,495,112$0$0$34,362,150
89$43,352,217$0$0$37,719,391
90$47,597,348$0$0$41,414,419
91$52,269,914$0$0$45,481,540
92$57,413,337$0$0$49,958,558
93$63,075,463$0$0$54,887,125
94$69,309,015$0$0$60,313,139
95$76,172,084$0$0$66,287,174
96$83,728,682$0$0$72,864,956
97$92,049,346$0$0$80,107,891
98$101,211,799$0$0$88,083,643
99$111,301,684$0$0$96,866,772
100$122,413,375$0$0$106,539,435