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%13.8%
1 years$74,321$73,659$73,013$72,383$71,767$70,636
2 years$36,793$36,107$35,443$34,799$34,175$33,039
3 years$24,285$23,597$22,934$22,296$21,682$20,575
4 years$18,032$17,346$16,690$16,063$15,464$14,396
5 years$14,281$13,599$12,952$12,338$11,755$10,729
6 years$11,782$11,105$10,467$9,867$9,302$8,317
7 years$9,997$9,326$8,698$8,112$7,565$6,624
8 years$8,659$7,994$7,377$6,805$6,276$5,377
9 years$7,619$6,960$6,354$5,796$5,285$4,429
10 years$6,787$6,135$5,539$4,997$4,503$3,689
11 years$6,108$5,462$4,877$4,348$3,873$3,099
12 years$5,541$4,902$4,328$3,814$3,356$2,622
13 years$5,063$4,430$3,867$3,367$2,927$2,231
14 years$4,653$4,027$3,474$2,989$2,565$1,908
15 years$4,298$3,679$3,137$2,666$2,259$1,638
16 years$3,987$3,375$2,844$2,387$1,996$1,410
17 years$3,714$3,108$2,588$2,145$1,770$1,218
18 years$3,471$2,872$2,362$1,933$1,574$1,054
19 years$3,254$2,662$2,163$1,746$1,403$914
20 years$3,059$2,474$1,985$1,582$1,253$794
21 years$2,883$2,304$1,826$1,436$1,121$691
22 years$2,722$2,151$1,683$1,305$1,005$602
23 years$2,577$2,012$1,554$1,189$902$525
24 years$2,443$1,885$1,437$1,084$811$459
25 years$2,320$1,769$1,331$990$730$401
26 years$2,207$1,662$1,234$905$657$350
27 years$2,103$1,564$1,146$829$593$307
28 years$2,006$1,474$1,065$759$535$268
29 years$1,916$1,391$991$696$483$235
30 years$1,832$1,313$924$639$436$206
31 years$1,754$1,242$861$587$394$180
32 years$1,680$1,175$803$539$357$158
33 years$1,612$1,113$750$496$323$139
34 years$1,547$1,054$701$456$292$122
35 years$1,487$1,000$655$420$265$107
36 years$1,429$949$613$387$240$94
37 years$1,375$902$574$356$217$82
38 years$1,324$857$537$329$197$72
39 years$1,276$815$503$303$179$63
40 years$1,230$775$472$279$162$56
41 years$1,187$738$442$258$147$49
42 years$1,146$703$415$238$133$43
43 years$1,107$670$389$220$121$38
44 years$1,069$638$366$203$110$33
45 years$1,034$609$343$187$100$29
46 years$1,000$581$322$173$91$26
47 years$968$554$303$160$82$22
48 years$937$529$285$148$75$20
49 years$907$505$267$136$68$17
50 years$879$482$251$126$62$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $900,000, adding $3,860 every year, while hoping to spend $48,006 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: 66/14/20 Blend
40$900,000$900,000$900,000$900,000
41$995,782$948,082$934,132$1,056,250
42$1,046,273$943,460$914,347$1,092,659
43$1,100,306$937,002$892,291$1,126,581
44$1,158,191$928,569$867,836$1,162,522
45$1,220,268$918,010$840,850$1,200,682
46$1,286,911$905,168$811,194$1,241,279
47$1,358,530$889,875$778,723$1,284,559
48$1,435,575$871,955$743,286$1,330,791
49$1,518,541$851,218$704,723$1,380,274
50$1,607,970$827,466$662,869$1,433,340
51$1,704,460$800,488$617,552$1,490,356
52$1,808,664$770,061$568,589$1,551,729
53$1,921,303$735,949$515,792$1,617,908
54$2,043,167$697,902$458,963$1,689,392
55$2,175,128$655,657$397,896$1,766,732
56$2,318,141$608,934$332,375$1,850,538
57$2,473,257$557,438$262,175$1,941,485
58$2,641,633$500,856$187,062$2,040,320
59$2,824,541$438,859$106,790$2,147,869
60$3,023,380$371,099$21,103$2,265,046
61$3,239,688$297,206$0$2,392,860
62$3,475,159$216,792$0$2,547,441
63$3,731,656$129,446$0$2,720,792
64$4,011,230$34,734$0$2,909,834
65$4,316,138$0$0$3,116,141
66$4,648,862$0$0$3,351,892
67$5,012,138$0$0$3,615,186
68$5,408,974$0$0$3,902,860
69$5,842,683$0$0$4,217,323
70$6,316,914$0$0$4,561,227
71$6,835,682$0$0$4,937,491
72$7,403,409$0$0$5,349,332
73$8,024,965$0$0$5,800,290
74$8,705,712$0$0$6,294,263
75$9,451,553$0$0$6,835,545
76$10,268,994$0$0$7,428,865
77$11,165,194$0$0$8,079,430
78$12,148,044$0$0$8,792,977
79$13,226,229$0$0$9,575,823
80$14,409,321$0$0$10,434,927
81$15,707,860$0$0$11,377,955
82$17,133,457$0$0$12,413,349
83$18,698,901$0$0$13,550,411
84$20,418,283$0$0$14,799,387
85$22,307,122$0$0$16,171,563
86$24,382,517$0$0$17,679,375
87$26,663,305$0$0$19,336,521
88$29,170,237$0$0$21,158,091
89$31,926,175$0$0$23,160,713
90$34,956,307$0$0$25,362,704
91$38,288,383$0$0$27,784,245
92$41,952,977$0$0$30,447,572
93$45,983,773$0$0$33,377,182
94$50,417,885$0$0$36,600,067
95$55,296,206$0$0$40,145,966
96$60,663,790$0$0$44,047,647
97$66,570,279$0$0$48,341,213
98$73,070,372$0$0$53,066,445
99$80,224,337$0$0$58,267,175
100$88,098,581$0$0$63,991,701