Can I retire at age 41 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$74,321$73,659$73,013$72,383$71,767$70,666
2 years$36,793$36,107$35,443$34,799$34,175$33,068
3 years$24,285$23,597$22,934$22,296$21,682$20,604
4 years$18,032$17,346$16,690$16,063$15,464$14,423
5 years$14,281$13,599$12,952$12,338$11,755$10,754
6 years$11,782$11,105$10,467$9,867$9,302$8,342
7 years$9,997$9,326$8,698$8,112$7,565$6,647
8 years$8,659$7,994$7,377$6,805$6,276$5,399
9 years$7,619$6,960$6,354$5,796$5,285$4,450
10 years$6,787$6,135$5,539$4,997$4,503$3,708
11 years$6,108$5,462$4,877$4,348$3,873$3,117
12 years$5,541$4,902$4,328$3,814$3,356$2,639
13 years$5,063$4,430$3,867$3,367$2,927$2,248
14 years$4,653$4,027$3,474$2,989$2,565$1,923
15 years$4,298$3,679$3,137$2,666$2,259$1,652
16 years$3,987$3,375$2,844$2,387$1,996$1,423
17 years$3,714$3,108$2,588$2,145$1,770$1,230
18 years$3,471$2,872$2,362$1,933$1,574$1,066
19 years$3,254$2,662$2,163$1,746$1,403$925
20 years$3,059$2,474$1,985$1,582$1,253$804
21 years$2,883$2,304$1,826$1,436$1,121$700
22 years$2,722$2,151$1,683$1,305$1,005$611
23 years$2,577$2,012$1,554$1,189$902$533
24 years$2,443$1,885$1,437$1,084$811$466
25 years$2,320$1,769$1,331$990$730$407
26 years$2,207$1,662$1,234$905$657$356
27 years$2,103$1,564$1,146$829$593$312
28 years$2,006$1,474$1,065$759$535$273
29 years$1,916$1,391$991$696$483$240
30 years$1,832$1,313$924$639$436$210
31 years$1,754$1,242$861$587$394$184
32 years$1,680$1,175$803$539$357$162
33 years$1,612$1,113$750$496$323$142
34 years$1,547$1,054$701$456$292$125
35 years$1,487$1,000$655$420$265$109
36 years$1,429$949$613$387$240$96
37 years$1,375$902$574$356$217$84
38 years$1,324$857$537$329$197$74
39 years$1,276$815$503$303$179$65
40 years$1,230$775$472$279$162$57
41 years$1,187$738$442$258$147$50
42 years$1,146$703$415$238$133$44
43 years$1,107$670$389$220$121$39
44 years$1,069$638$366$203$110$34
45 years$1,034$609$343$187$100$30
46 years$1,000$581$322$173$91$26
47 years$968$554$303$160$82$23
48 years$937$529$285$148$75$20
49 years$907$505$267$136$68$18
50 years$879$482$251$126$62$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $900,000, adding $3,917 every year, while hoping to spend $26,589 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: 64/6/30 Blend
40$900,000$900,000$900,000$900,000
41$995,840$948,140$934,190$1,051,352
42$1,069,126$966,309$937,195$1,107,644
43$1,148,995$984,476$939,410$1,165,874
44$1,236,091$1,002,615$940,779$1,228,940
45$1,331,124$1,020,694$941,246$1,297,321
46$1,434,871$1,038,681$940,751$1,371,547
47$1,548,192$1,056,540$939,230$1,452,202
48$1,672,031$1,074,234$936,618$1,539,928
49$1,807,428$1,091,722$932,844$1,635,436
50$1,955,529$1,108,959$927,837$1,739,507
51$2,117,593$1,125,898$921,521$1,853,005
52$2,295,011$1,142,490$913,814$1,976,881
53$2,489,309$1,158,679$904,634$2,112,184
54$2,702,173$1,174,409$893,894$2,260,070
55$2,935,455$1,189,616$881,500$2,421,815
56$3,191,199$1,204,234$867,358$2,598,826
57$3,471,653$1,218,193$851,366$2,792,652
58$3,779,294$1,231,417$833,419$3,005,005
59$4,116,851$1,243,826$813,408$3,237,768
60$4,487,329$1,255,332$791,216$3,493,020
61$4,894,038$1,265,845$766,723$3,773,054
62$5,340,625$1,275,267$739,804$4,080,395
63$5,831,107$1,283,493$710,325$4,417,830
64$6,369,909$1,290,413$678,150$4,788,429
65$6,961,906$1,295,909$643,134$5,195,580
66$7,612,467$1,299,856$605,126$5,643,015
67$8,327,510$1,302,120$563,969$6,134,849
68$9,113,553$1,302,561$519,498$6,675,620
69$9,977,775$1,301,026$471,542$7,270,329
70$10,928,090$1,297,358$419,920$7,924,492
71$11,973,213$1,291,387$364,445$8,644,187
72$13,122,748$1,282,932$304,922$9,436,115
73$14,387,276$1,271,803$241,144$10,307,663
74$15,778,455$1,257,798$172,899$11,266,976
75$17,309,130$1,240,703$99,964$12,323,029
76$18,993,454$1,220,291$22,106$13,485,719
77$20,847,022$1,196,320$0$14,765,952
78$22,887,014$1,168,536$0$16,195,274
79$25,132,364$1,136,668$0$17,776,238
80$27,603,932$1,100,432$0$19,516,454
81$30,324,704$1,059,524$0$21,432,114
82$33,320,008$1,013,625$0$23,541,061
83$36,617,752$962,396$0$25,862,955
84$40,248,687$905,477$0$28,419,462
85$44,246,699$842,492$0$31,234,456
86$48,649,127$773,039$0$34,334,245
87$53,497,114$696,694$0$37,747,820
88$58,835,998$613,010$0$41,507,127
89$64,715,737$521,515$0$45,647,370
90$71,191,381$421,708$0$50,207,343
91$78,323,592$313,061$0$55,229,795
92$86,179,215$195,018$0$60,761,835
93$94,831,909$66,988$0$66,855,376
94$104,362,845$0$0$73,567,624
95$114,861,466$0$0$80,966,351
96$126,426,335$0$0$89,121,462
97$139,166,063$0$0$98,105,136
98$153,200,338$0$0$108,001,784
99$168,661,048$0$0$118,904,422
100$185,693,531$0$0$130,915,552