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%18.3%
1 years$75,147$74,478$73,825$73,187$72,565$70,130
2 years$37,201$36,509$35,837$35,186$34,555$32,125
3 years$24,555$23,859$23,189$22,544$21,923$19,576
4 years$18,232$17,539$16,876$16,242$15,636$13,388
5 years$14,440$13,751$13,096$12,475$11,886$9,745
6 years$11,913$11,228$10,584$9,977$9,405$7,371
7 years$10,108$9,430$8,795$8,202$7,649$5,723
8 years$8,755$8,083$7,459$6,881$6,345$4,525
9 years$7,704$7,038$6,424$5,861$5,344$3,627
10 years$6,863$6,203$5,601$5,052$4,553$2,938
11 years$6,175$5,522$4,931$4,397$3,916$2,398
12 years$5,603$4,957$4,376$3,857$3,393$1,970
13 years$5,119$4,479$3,910$3,405$2,959$1,627
14 years$4,704$4,072$3,513$3,022$2,594$1,349
15 years$4,345$3,719$3,172$2,695$2,284$1,122
16 years$4,032$3,413$2,876$2,413$2,019$936
17 years$3,755$3,143$2,617$2,168$1,790$782
18 years$3,510$2,904$2,389$1,954$1,591$655
19 years$3,290$2,692$2,187$1,766$1,418$549
20 years$3,093$2,501$2,007$1,599$1,267$461
21 years$2,915$2,330$1,846$1,451$1,134$388
22 years$2,753$2,175$1,701$1,320$1,016$326
23 years$2,605$2,034$1,571$1,202$912$275
24 years$2,470$1,906$1,453$1,096$820$231
25 years$2,346$1,788$1,346$1,001$738$195
26 years$2,232$1,681$1,248$915$665$165
27 years$2,126$1,582$1,159$838$599$139
28 years$2,028$1,491$1,077$768$541$117
29 years$1,937$1,406$1,003$704$488$99
30 years$1,852$1,328$934$646$441$83
31 years$1,773$1,255$871$593$399$71
32 years$1,699$1,188$812$545$361$60
33 years$1,630$1,125$758$501$326$50
34 years$1,564$1,066$709$461$296$42
35 years$1,503$1,011$662$425$268$36
36 years$1,445$960$620$391$243$30
37 years$1,391$912$580$360$220$26
38 years$1,339$866$543$332$199$22
39 years$1,290$824$509$306$181$18
40 years$1,244$784$477$283$164$15
41 years$1,200$746$447$261$149$13
42 years$1,159$711$420$241$135$11
43 years$1,119$677$394$222$122$9
44 years$1,081$645$370$205$111$8
45 years$1,045$615$347$189$101$7
46 years$1,011$587$326$175$92$6
47 years$978$560$306$162$83$5
48 years$947$535$288$149$76$4
49 years$917$511$270$138$69$3
50 years$888$488$254$128$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $910,000, adding $4,262 every year, while hoping to spend $23,954 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: 58/27/15 Blend
40$910,000$910,000$910,000$910,000
41$1,007,216$958,986$944,881$1,061,526
42$1,084,465$980,490$951,048$1,120,260
43$1,168,791$1,002,244$956,618$1,181,245
44$1,260,890$1,024,236$961,547$1,247,168
45$1,361,529$1,046,452$965,787$1,318,508
46$1,471,552$1,068,875$969,288$1,395,792
47$1,591,888$1,091,487$971,997$1,479,601
48$1,723,561$1,114,271$973,859$1,570,575
49$1,867,697$1,137,203$974,817$1,669,420
50$2,025,539$1,160,262$974,809$1,776,913
51$2,198,450$1,183,422$973,772$1,893,910
52$2,387,938$1,206,656$971,639$2,021,354
53$2,595,659$1,229,933$968,340$2,160,287
54$2,823,438$1,253,221$963,801$2,311,854
55$3,073,285$1,276,486$957,945$2,477,318
56$3,347,415$1,299,689$950,692$2,658,072
57$3,648,268$1,322,790$941,956$2,855,649
58$3,978,529$1,345,744$931,649$3,071,741
59$4,341,158$1,368,504$919,678$3,308,212
60$4,739,414$1,391,020$905,946$3,567,115
61$5,176,890$1,413,235$890,351$3,850,715
62$5,657,542$1,435,092$872,786$4,161,508
63$6,185,726$1,456,527$853,140$4,502,244
64$6,766,246$1,477,473$831,296$4,875,954
65$7,404,391$1,497,856$807,132$5,285,980
66$8,105,987$1,517,600$780,520$5,736,006
67$8,877,457$1,536,622$751,326$6,230,091
68$9,725,874$1,554,832$719,411$6,772,710
69$10,659,030$1,572,136$684,629$7,368,795
70$11,685,514$1,588,434$646,827$8,023,782
71$12,814,786$1,603,616$605,845$8,743,662
72$14,057,270$1,617,570$561,517$9,535,041
73$15,424,452$1,630,171$513,668$10,405,198
74$16,928,987$1,641,290$462,117$11,362,157
75$18,584,818$1,650,788$406,673$12,414,760
76$20,407,310$1,658,517$347,137$13,572,757
77$22,413,392$1,664,321$283,302$14,846,890
78$24,621,717$1,668,031$214,951$16,249,002
79$27,052,839$1,669,472$141,859$17,792,145
80$29,729,406$1,668,453$63,789$19,490,704
81$32,676,374$1,664,776$0$21,360,536
82$35,921,242$1,658,228$0$23,422,242
83$39,494,311$1,648,583$0$25,703,057
84$43,428,969$1,635,602$0$28,214,035
85$47,762,009$1,619,032$0$30,978,618
86$52,533,973$1,598,603$0$34,022,644
87$57,789,534$1,574,031$0$37,374,585
88$63,577,921$1,545,013$0$41,065,820
89$69,953,380$1,511,229$0$45,130,930
90$76,975,687$1,472,342$0$49,608,026
91$84,710,711$1,427,991$0$54,539,107
92$93,231,039$1,377,798$0$59,970,458
93$102,616,654$1,321,359$0$65,953,090
94$112,955,699$1,258,251$0$72,543,216
95$124,345,298$1,188,024$0$79,802,789
96$136,892,482$1,110,200$0$87,800,083
97$150,715,193$1,024,279$0$96,610,339
98$165,943,401$929,727$0$106,316,477
99$182,720,327$825,982$0$117,009,880
100$201,203,797$712,451$0$128,791,254