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%13.4%
1 years$74,321$73,659$73,013$72,383$71,767$70,753
2 years$36,793$36,107$35,443$34,799$34,175$33,155
3 years$24,285$23,597$22,934$22,296$21,682$20,688
4 years$18,032$17,346$16,690$16,063$15,464$14,504
5 years$14,281$13,599$12,952$12,338$11,755$10,832
6 years$11,782$11,105$10,467$9,867$9,302$8,416
7 years$9,997$9,326$8,698$8,112$7,565$6,717
8 years$8,659$7,994$7,377$6,805$6,276$5,466
9 years$7,619$6,960$6,354$5,796$5,285$4,512
10 years$6,787$6,135$5,539$4,997$4,503$3,767
11 years$6,108$5,462$4,877$4,348$3,873$3,173
12 years$5,541$4,902$4,328$3,814$3,356$2,692
13 years$5,063$4,430$3,867$3,367$2,927$2,297
14 years$4,653$4,027$3,474$2,989$2,565$1,969
15 years$4,298$3,679$3,137$2,666$2,259$1,695
16 years$3,987$3,375$2,844$2,387$1,996$1,463
17 years$3,714$3,108$2,588$2,145$1,770$1,267
18 years$3,471$2,872$2,362$1,933$1,574$1,100
19 years$3,254$2,662$2,163$1,746$1,403$957
20 years$3,059$2,474$1,985$1,582$1,253$834
21 years$2,883$2,304$1,826$1,436$1,121$728
22 years$2,722$2,151$1,683$1,305$1,005$636
23 years$2,577$2,012$1,554$1,189$902$557
24 years$2,443$1,885$1,437$1,084$811$487
25 years$2,320$1,769$1,331$990$730$427
26 years$2,207$1,662$1,234$905$657$375
27 years$2,103$1,564$1,146$829$593$329
28 years$2,006$1,474$1,065$759$535$289
29 years$1,916$1,391$991$696$483$254
30 years$1,832$1,313$924$639$436$223
31 years$1,754$1,242$861$587$394$196
32 years$1,680$1,175$803$539$357$173
33 years$1,612$1,113$750$496$323$152
34 years$1,547$1,054$701$456$292$134
35 years$1,487$1,000$655$420$265$118
36 years$1,429$949$613$387$240$104
37 years$1,375$902$574$356$217$91
38 years$1,324$857$537$329$197$80
39 years$1,276$815$503$303$179$71
40 years$1,230$775$472$279$162$62
41 years$1,187$738$442$258$147$55
42 years$1,146$703$415$238$133$48
43 years$1,107$670$389$220$121$43
44 years$1,069$638$366$203$110$38
45 years$1,034$609$343$187$100$33
46 years$1,000$581$322$173$91$29
47 years$968$554$303$160$82$26
48 years$937$529$285$148$75$23
49 years$907$505$267$136$68$20
50 years$879$482$251$126$62$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $900,000, adding $6,448 every year, while hoping to spend $52,642 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: 46/36/18 Blend
40$900,000$900,000$900,000$900,000
41$998,451$950,751$936,801$1,038,980
42$1,044,282$941,327$912,173$1,058,496
43$1,093,024$929,677$884,956$1,073,866
44$1,144,918$915,637$855,007$1,089,426
45$1,200,227$899,031$822,178$1,105,218
46$1,259,242$879,674$786,312$1,121,289
47$1,322,279$857,373$747,248$1,137,695
48$1,389,685$831,918$704,814$1,154,503
49$1,461,841$803,090$658,834$1,171,791
50$1,539,166$770,658$609,122$1,189,647
51$1,622,116$734,376$555,482$1,208,176
52$1,711,195$693,983$497,714$1,227,496
53$1,806,953$649,205$435,604$1,247,743
54$1,909,998$599,752$368,933$1,269,075
55$2,020,993$545,315$297,467$1,291,670
56$2,140,670$485,570$220,968$1,315,729
57$2,269,829$420,175$139,181$1,341,484
58$2,409,354$348,765$51,846$1,369,196
59$2,560,212$270,959$0$1,399,161
60$2,723,468$186,351$0$1,439,654
61$2,900,294$94,513$0$1,494,253
62$3,091,975$0$0$1,553,471
63$3,299,926$0$0$1,619,827
64$3,525,705$0$0$1,732,610
65$3,771,022$0$0$1,855,245
66$4,037,761$0$0$1,988,685
67$4,327,994$0$0$2,133,979
68$4,643,999$0$0$2,292,279
69$4,988,286$0$0$2,464,856
70$5,363,613$0$0$2,653,107
71$5,773,019$0$0$2,858,570
72$6,219,847$0$0$3,082,938
73$6,707,779$0$0$3,328,074
74$7,240,865$0$0$3,596,031
75$7,823,565$0$0$3,889,067
76$8,460,792$0$0$4,209,668
77$9,157,951$0$0$4,560,575
78$9,920,996$0$0$4,944,802
79$10,756,483$0$0$5,365,670
80$11,671,631$0$0$5,826,837
81$12,674,392$0$0$6,332,329
82$13,773,520$0$0$6,886,583
83$14,978,658$0$0$7,494,484
84$16,300,429$0$0$8,161,413
85$17,750,529$0$0$8,893,297
86$19,341,844$0$0$9,696,665
87$21,088,568$0$0$10,578,709
88$23,006,333$0$0$11,547,351
89$25,112,363$0$0$12,611,316
90$27,425,629$0$0$13,780,219
91$29,967,029$0$0$15,064,651
92$32,759,588$0$0$16,476,279
93$35,828,669$0$0$18,027,956
94$39,202,216$0$0$19,733,843
95$42,911,015$0$0$21,609,543
96$46,988,981$0$0$23,672,244
97$51,473,482$0$0$25,940,884
98$56,405,689$0$0$28,436,329
99$61,830,961$0$0$31,181,567
100$67,799,275$0$0$34,201,929