Can I retire at age 41 with 890,000?

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 $890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$73,495$72,841$72,202$71,579$70,970$70,641
2 years$36,384$35,706$35,050$34,413$33,795$33,463
3 years$24,015$23,334$22,679$22,049$21,441$21,116
4 years$17,832$17,153$16,505$15,885$15,292$14,977
5 years$14,123$13,448$12,808$12,201$11,625$11,320
6 years$11,651$10,982$10,351$9,757$9,198$8,905
7 years$9,886$9,222$8,602$8,022$7,481$7,198
8 years$8,563$7,905$7,295$6,729$6,206$5,935
9 years$7,534$6,883$6,283$5,732$5,226$4,966
10 years$6,712$6,067$5,478$4,941$4,453$4,204
11 years$6,040$5,401$4,823$4,300$3,830$3,592
12 years$5,480$4,848$4,280$3,772$3,319$3,091
13 years$5,006$4,381$3,824$3,330$2,894$2,677
14 years$4,601$3,982$3,436$2,956$2,537$2,330
15 years$4,250$3,638$3,102$2,636$2,234$2,037
16 years$3,943$3,338$2,812$2,360$1,974$1,787
17 years$3,673$3,074$2,559$2,121$1,750$1,573
18 years$3,432$2,840$2,336$1,911$1,556$1,388
19 years$3,218$2,632$2,139$1,727$1,387$1,227
20 years$3,025$2,446$1,963$1,564$1,239$1,088
21 years$2,851$2,278$1,805$1,420$1,109$966
22 years$2,692$2,127$1,664$1,291$994$859
23 years$2,548$1,989$1,536$1,175$892$764
24 years$2,416$1,864$1,421$1,072$802$681
25 years$2,295$1,749$1,316$979$722$608
26 years$2,183$1,644$1,221$895$650$543
27 years$2,079$1,547$1,133$819$586$486
28 years$1,984$1,458$1,054$751$529$434
29 years$1,895$1,375$980$688$477$389
30 years$1,812$1,299$913$632$431$348
31 years$1,734$1,228$851$580$390$312
32 years$1,662$1,162$794$533$353$280
33 years$1,594$1,100$742$490$319$251
34 years$1,530$1,043$693$451$289$225
35 years$1,470$989$648$415$262$202
36 years$1,414$939$606$383$237$181
37 years$1,360$892$567$352$215$163
38 years$1,310$847$531$325$195$146
39 years$1,262$806$498$300$177$131
40 years$1,217$767$467$276$160$118
41 years$1,174$730$437$255$145$106
42 years$1,133$695$410$235$132$95
43 years$1,094$662$385$217$120$86
44 years$1,057$631$361$201$109$77
45 years$1,022$602$339$185$99$69
46 years$989$574$319$171$90$62
47 years$957$548$299$158$81$56
48 years$926$523$281$146$74$50
49 years$897$499$265$135$67$45
50 years$869$477$249$125$61$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $890,000, adding $5,518 every year, while hoping to spend $43,316 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: 34/40/26 Blend
40$890,000$890,000$890,000$890,000
41$986,472$939,302$925,507$1,012,077
42$1,041,004$939,240$910,423$1,031,691
43$1,099,647$937,723$893,383$1,048,540
44$1,162,774$934,634$874,274$1,065,856
45$1,230,795$929,849$852,980$1,083,709
46$1,304,161$923,237$829,380$1,102,182
47$1,383,366$914,657$803,346$1,121,367
48$1,468,956$903,961$774,744$1,141,369
49$1,561,527$890,992$743,435$1,162,309
50$1,661,736$875,585$709,274$1,184,324
51$1,770,306$857,561$672,107$1,207,571
52$1,888,031$836,735$631,777$1,232,225
53$2,015,784$812,910$588,115$1,258,487
54$2,154,526$785,874$540,949$1,286,581
55$2,305,314$755,408$490,097$1,316,763
56$2,469,309$721,276$435,368$1,349,317
57$2,647,790$683,231$376,565$1,384,567
58$2,842,165$641,009$313,480$1,422,873
59$3,053,982$594,334$245,898$1,464,642
60$3,284,944$542,913$173,591$1,510,328
61$3,536,927$486,434$96,325$1,560,440
62$3,811,995$424,571$13,854$1,615,549
63$4,112,421$356,978$0$1,676,292
64$4,440,706$283,287$0$1,763,953
65$4,799,604$203,114$0$1,864,193
66$5,192,146$116,050$0$1,974,129
67$5,621,672$21,663$0$2,094,831
68$6,091,857$0$0$2,227,483
69$6,606,749$0$0$2,408,835
70$7,170,807$0$0$2,618,078
71$7,788,938$0$0$2,847,516
72$8,466,550$0$0$3,099,173
73$9,209,598$0$0$3,375,276
74$10,024,639$0$0$3,678,281
75$10,918,899$0$0$4,010,893
76$11,900,332$0$0$4,376,090
77$12,977,704$0$0$4,777,154
78$14,160,670$0$0$5,217,700
79$15,459,865$0$0$5,701,709
80$16,887,003$0$0$6,233,570
81$18,454,993$0$0$6,818,114
82$20,178,050$0$0$7,460,666
83$22,071,841$0$0$8,167,093
84$24,153,619$0$0$8,943,856
85$26,442,399$0$0$9,798,076
86$28,959,125$0$0$10,737,598
87$31,726,875$0$0$11,771,065
88$34,771,074$0$0$12,908,000
89$38,119,734$0$0$14,158,896
90$41,803,722$0$0$15,535,312
91$45,857,043$0$0$17,049,988
92$50,317,167$0$0$18,716,958
93$55,225,379$0$0$20,551,686
94$60,627,168$0$0$22,571,214
95$66,572,657$0$0$24,794,315
96$73,117,073$0$0$27,241,680
97$80,321,271$0$0$29,936,103
98$88,252,305$0$0$32,902,705
99$96,984,059$0$0$36,169,163
100$106,597,947$0$0$39,765,977