Can I retire at age 41 with 870,000?

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 $870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$71,844$71,204$70,579$69,970$69,375$68,367
2 years$35,566$34,904$34,262$33,639$33,036$32,022
3 years$23,475$22,810$22,170$21,553$20,959$19,971
4 years$17,431$16,768$16,134$15,528$14,948$13,994
5 years$13,805$13,146$12,521$11,927$11,363$10,446
6 years$11,389$10,735$10,118$9,538$8,992$8,111
7 years$9,664$9,015$8,408$7,842$7,313$6,470
8 years$8,371$7,728$7,131$6,578$6,066$5,262
9 years$7,365$6,728$6,142$5,603$5,109$4,342
10 years$6,561$5,931$5,355$4,830$4,353$3,623
11 years$5,904$5,280$4,714$4,204$3,744$3,049
12 years$5,357$4,739$4,184$3,687$3,244$2,585
13 years$4,894$4,282$3,738$3,255$2,829$2,204
14 years$4,498$3,893$3,359$2,890$2,480$1,888
15 years$4,154$3,556$3,032$2,577$2,183$1,624
16 years$3,854$3,263$2,749$2,307$1,930$1,402
17 years$3,590$3,005$2,502$2,073$1,711$1,213
18 years$3,355$2,776$2,284$1,868$1,521$1,052
19 years$3,145$2,573$2,091$1,688$1,356$915
20 years$2,957$2,391$1,919$1,529$1,211$797
21 years$2,786$2,227$1,765$1,388$1,084$695
22 years$2,632$2,079$1,627$1,262$972$607
23 years$2,491$1,945$1,502$1,149$872$530
24 years$2,362$1,822$1,389$1,048$784$464
25 years$2,243$1,710$1,286$957$705$406
26 years$2,134$1,607$1,193$875$635$356
27 years$2,033$1,512$1,108$801$573$312
28 years$1,939$1,425$1,030$734$517$274
29 years$1,852$1,344$958$673$467$241
30 years$1,771$1,270$893$618$422$211
31 years$1,695$1,200$832$567$381$186
32 years$1,624$1,136$777$521$345$163
33 years$1,558$1,075$725$479$312$144
34 years$1,496$1,019$677$441$283$126
35 years$1,437$967$633$406$256$111
36 years$1,382$918$593$374$232$98
37 years$1,330$872$555$345$210$86
38 years$1,280$828$519$318$191$76
39 years$1,234$788$487$293$173$67
40 years$1,189$749$456$270$157$59
41 years$1,147$713$428$249$142$52
42 years$1,108$679$401$230$129$45
43 years$1,070$647$376$212$117$40
44 years$1,034$617$353$196$106$35
45 years$999$588$332$181$97$31
46 years$967$561$312$167$88$27
47 years$935$536$293$154$80$24
48 years$905$511$275$143$72$21
49 years$877$488$259$132$66$19
50 years$849$466$243$122$60$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $870,000, adding $4,347 every year, while hoping to spend $22,286 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: 59/35/6 Blend
40$870,000$870,000$870,000$870,000
41$963,224$917,114$903,629$1,018,666
42$1,037,761$938,340$910,188$1,077,565
43$1,119,153$959,860$916,221$1,138,819
44$1,208,077$981,664$921,684$1,205,041
45$1,305,277$1,003,741$926,537$1,276,708
46$1,411,571$1,026,080$930,732$1,354,345
47$1,527,862$1,048,668$934,222$1,438,532
48$1,655,142$1,071,491$936,956$1,529,905
49$1,794,505$1,094,533$938,883$1,629,166
50$1,947,155$1,117,776$939,946$1,737,089
51$2,114,418$1,141,200$940,087$1,854,525
52$2,297,754$1,164,784$939,246$1,982,412
53$2,498,772$1,188,506$937,358$2,121,783
54$2,719,243$1,212,339$934,356$2,273,777
55$2,961,119$1,236,257$930,169$2,439,647
56$3,226,548$1,260,228$924,725$2,620,777
57$3,517,898$1,284,222$917,945$2,818,687
58$3,837,777$1,308,201$909,749$3,035,055
59$4,189,056$1,332,129$900,052$3,271,731
60$4,574,899$1,355,963$888,764$3,530,750
61$4,998,794$1,379,660$875,792$3,814,358
62$5,464,580$1,403,172$861,040$4,125,026
63$5,976,486$1,426,447$844,404$4,465,482
64$6,539,175$1,449,430$825,779$4,838,728
65$7,157,780$1,472,061$805,051$5,248,073
66$7,837,958$1,494,277$782,105$5,697,166
67$8,585,943$1,516,009$756,818$6,190,026
68$9,408,599$1,537,184$729,063$6,731,083
69$10,313,494$1,557,724$698,704$7,325,219
70$11,308,963$1,577,545$665,603$7,977,814
71$12,404,189$1,596,557$629,612$8,694,798
72$13,609,293$1,614,664$590,580$9,482,706
73$14,935,423$1,631,765$548,347$10,348,739
74$16,394,864$1,647,750$502,745$11,300,835
75$18,001,154$1,662,503$453,601$12,347,741
76$19,769,206$1,675,900$400,731$13,499,099
77$21,715,456$1,687,810$343,947$14,765,534
78$23,858,012$1,698,092$283,048$16,158,755
79$26,216,827$1,706,597$217,828$17,691,668
80$28,813,889$1,713,165$148,070$19,378,498
81$31,673,423$1,717,628$73,548$21,234,920
82$34,822,126$1,719,806$0$23,278,211
83$38,289,414$1,719,507$0$25,527,794
84$42,107,702$1,716,531$0$28,009,322
85$46,312,708$1,710,661$0$30,741,225
86$50,943,789$1,701,668$0$33,749,009
87$56,044,317$1,689,312$0$37,060,784
88$61,662,083$1,673,334$0$40,707,529
89$67,849,751$1,653,462$0$44,723,385
90$74,665,352$1,629,408$0$49,145,977
91$82,172,834$1,600,866$0$54,016,770
92$90,442,666$1,567,511$0$59,381,461
93$99,552,499$1,528,999$0$65,290,414
94$109,587,902$1,484,969$0$71,799,130
95$120,643,169$1,435,034$0$78,968,775
96$132,822,209$1,378,786$0$86,866,758
97$146,239,523$1,315,797$0$95,567,371
98$161,021,292$1,245,608$0$105,152,482
99$177,306,559$1,167,738$0$115,712,321
100$195,248,548$1,081,677$0$127,346,322