Can I retire at age 41 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$75,147$74,478$73,825$73,187$72,565$71,480
2 years$37,201$36,509$35,837$35,186$34,555$33,465
3 years$24,555$23,859$23,189$22,544$21,923$20,861
4 years$18,232$17,539$16,876$16,242$15,636$14,610
5 years$14,440$13,751$13,096$12,475$11,886$10,900
6 years$11,913$11,228$10,584$9,977$9,405$8,459
7 years$10,108$9,430$8,795$8,202$7,649$6,744
8 years$8,755$8,083$7,459$6,881$6,345$5,481
9 years$7,704$7,038$6,424$5,861$5,344$4,520
10 years$6,863$6,203$5,601$5,052$4,553$3,769
11 years$6,175$5,522$4,931$4,397$3,916$3,171
12 years$5,603$4,957$4,376$3,857$3,393$2,686
13 years$5,119$4,479$3,910$3,405$2,959$2,289
14 years$4,704$4,072$3,513$3,022$2,594$1,960
15 years$4,345$3,719$3,172$2,695$2,284$1,684
16 years$4,032$3,413$2,876$2,413$2,019$1,453
17 years$3,755$3,143$2,617$2,168$1,790$1,256
18 years$3,510$2,904$2,389$1,954$1,591$1,089
19 years$3,290$2,692$2,187$1,766$1,418$946
20 years$3,093$2,501$2,007$1,599$1,267$823
21 years$2,915$2,330$1,846$1,451$1,134$717
22 years$2,753$2,175$1,701$1,320$1,016$626
23 years$2,605$2,034$1,571$1,202$912$547
24 years$2,470$1,906$1,453$1,096$820$478
25 years$2,346$1,788$1,346$1,001$738$418
26 years$2,232$1,681$1,248$915$665$366
27 years$2,126$1,582$1,159$838$599$321
28 years$2,028$1,491$1,077$768$541$282
29 years$1,937$1,406$1,003$704$488$247
30 years$1,852$1,328$934$646$441$217
31 years$1,773$1,255$871$593$399$190
32 years$1,699$1,188$812$545$361$167
33 years$1,630$1,125$758$501$326$147
34 years$1,564$1,066$709$461$296$129
35 years$1,503$1,011$662$425$268$113
36 years$1,445$960$620$391$243$100
37 years$1,391$912$580$360$220$88
38 years$1,339$866$543$332$199$77
39 years$1,290$824$509$306$181$68
40 years$1,244$784$477$283$164$60
41 years$1,200$746$447$261$149$52
42 years$1,159$711$420$241$135$46
43 years$1,119$677$394$222$122$41
44 years$1,081$645$370$205$111$36
45 years$1,045$615$347$189$101$31
46 years$1,011$587$326$175$92$28
47 years$978$560$306$162$83$24
48 years$947$535$288$149$76$21
49 years$917$511$270$138$69$19
50 years$888$488$254$128$62$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $910,000, adding $6,695 every year, while hoping to spend $56,149 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: 68/24/8 Blend
40$910,000$910,000$910,000$910,000
41$1,009,726$961,496$947,391$1,076,466
42$1,052,976$948,867$919,386$1,108,966
43$1,098,755$933,738$888,562$1,137,072
44$1,147,263$915,926$854,764$1,166,305
45$1,198,717$895,239$817,831$1,196,768
46$1,253,353$871,472$777,595$1,228,574
47$1,311,432$844,411$733,881$1,261,847
48$1,373,237$813,827$686,506$1,296,729
49$1,439,080$779,477$635,276$1,333,375
50$1,509,300$741,105$579,992$1,371,960
51$1,584,271$698,442$520,444$1,412,678
52$1,664,402$651,200$456,414$1,455,745
53$1,750,139$599,078$387,672$1,501,402
54$1,841,975$541,754$313,981$1,549,918
55$1,940,447$478,891$235,090$1,601,589
56$2,046,148$410,131$150,741$1,656,748
57$2,159,724$335,098$60,660$1,715,762
58$2,281,889$253,390$0$1,779,043
59$2,413,424$164,589$0$1,850,074
60$2,555,187$68,247$0$1,932,054
61$2,708,121$0$0$2,020,389
62$2,873,262$0$0$2,125,265
63$3,051,748$0$0$2,258,138
64$3,244,830$0$0$2,401,921
65$3,453,883$0$0$2,557,644
66$3,680,419$0$0$2,726,439
67$3,926,101$0$0$2,909,550
68$4,192,756$0$0$3,108,346
69$4,482,394$0$0$3,324,333
70$4,797,228$0$0$3,559,167
71$5,139,691$0$0$3,814,671
72$5,512,459$0$0$4,092,849
73$5,918,477$0$0$4,395,907
74$6,360,987$0$0$4,726,273
75$6,843,557$0$0$5,086,618
76$7,370,111$0$0$5,479,885
77$7,944,972$0$0$5,909,309
78$8,572,897$0$0$6,378,454
79$9,259,123$0$0$6,891,244
80$10,009,415$0$0$7,451,997
81$10,830,122$0$0$8,065,469
82$11,728,233$0$0$8,736,896
83$12,711,444$0$0$9,472,044
84$13,788,231$0$0$10,277,263
85$14,967,928$0$0$11,159,545
86$16,260,812$0$0$12,126,591
87$17,678,204$0$0$13,186,882
88$19,232,573$0$0$14,349,759
89$20,937,649$0$0$15,625,511
90$22,808,559$0$0$17,025,470
91$24,861,963$0$0$18,562,118
92$27,116,212$0$0$20,249,207
93$29,591,522$0$0$22,101,881
94$32,310,162$0$0$24,136,827
95$35,296,662$0$0$26,372,425
96$38,578,048$0$0$28,828,923
97$42,184,090$0$0$31,528,630
98$46,147,588$0$0$34,496,119
99$50,504,675$0$0$37,758,468
100$55,295,161$0$0$41,345,503