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%13.8%
1 years$75,147$74,478$73,825$73,187$72,565$71,421
2 years$37,201$36,509$35,837$35,186$34,555$33,406
3 years$24,555$23,859$23,189$22,544$21,923$20,804
4 years$18,232$17,539$16,876$16,242$15,636$14,556
5 years$14,440$13,751$13,096$12,475$11,886$10,848
6 years$11,913$11,228$10,584$9,977$9,405$8,410
7 years$10,108$9,430$8,795$8,202$7,649$6,697
8 years$8,755$8,083$7,459$6,881$6,345$5,437
9 years$7,704$7,038$6,424$5,861$5,344$4,478
10 years$6,863$6,203$5,601$5,052$4,553$3,730
11 years$6,175$5,522$4,931$4,397$3,916$3,134
12 years$5,603$4,957$4,376$3,857$3,393$2,651
13 years$5,119$4,479$3,910$3,405$2,959$2,256
14 years$4,704$4,072$3,513$3,022$2,594$1,929
15 years$4,345$3,719$3,172$2,695$2,284$1,656
16 years$4,032$3,413$2,876$2,413$2,019$1,426
17 years$3,755$3,143$2,617$2,168$1,790$1,231
18 years$3,510$2,904$2,389$1,954$1,591$1,066
19 years$3,290$2,692$2,187$1,766$1,418$925
20 years$3,093$2,501$2,007$1,599$1,267$803
21 years$2,915$2,330$1,846$1,451$1,134$699
22 years$2,753$2,175$1,701$1,320$1,016$609
23 years$2,605$2,034$1,571$1,202$912$531
24 years$2,470$1,906$1,453$1,096$820$464
25 years$2,346$1,788$1,346$1,001$738$405
26 years$2,232$1,681$1,248$915$665$354
27 years$2,126$1,582$1,159$838$599$310
28 years$2,028$1,491$1,077$768$541$271
29 years$1,937$1,406$1,003$704$488$238
30 years$1,852$1,328$934$646$441$208
31 years$1,773$1,255$871$593$399$183
32 years$1,699$1,188$812$545$361$160
33 years$1,630$1,125$758$501$326$140
34 years$1,564$1,066$709$461$296$123
35 years$1,503$1,011$662$425$268$108
36 years$1,445$960$620$391$243$95
37 years$1,391$912$580$360$220$83
38 years$1,339$866$543$332$199$73
39 years$1,290$824$509$306$181$64
40 years$1,244$784$477$283$164$56
41 years$1,200$746$447$261$149$49
42 years$1,159$711$420$241$135$43
43 years$1,119$677$394$222$122$38
44 years$1,081$645$370$205$111$33
45 years$1,045$615$347$189$101$29
46 years$1,011$587$326$175$92$26
47 years$978$560$306$162$83$23
48 years$947$535$288$149$76$20
49 years$917$511$270$138$69$18
50 years$888$488$254$128$62$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $910,000, adding $5,822 every year, while hoping to spend $24,801 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: 59/21/20 Blend
40$910,000$910,000$910,000$910,000
41$1,008,825$960,595$946,490$1,062,704
42$1,085,338$981,276$951,810$1,120,606
43$1,168,823$1,002,140$956,476$1,180,511
44$1,259,966$1,023,168$960,441$1,245,288
45$1,359,521$1,044,342$963,655$1,315,414
46$1,468,319$1,065,641$966,064$1,391,413
47$1,587,273$1,087,043$967,613$1,473,862
48$1,717,390$1,108,523$968,243$1,563,398
49$1,859,777$1,130,055$967,893$1,660,723
50$2,015,656$1,151,608$966,498$1,766,612
51$2,186,368$1,173,153$963,991$1,881,916
52$2,373,395$1,194,654$960,302$2,007,575
53$2,578,364$1,216,076$955,355$2,144,626
54$2,803,071$1,237,377$949,074$2,294,211
55$3,049,493$1,258,517$941,376$2,457,588
56$3,319,805$1,279,448$932,176$2,636,145
57$3,616,406$1,300,122$921,385$2,831,412
58$3,941,937$1,320,486$908,909$3,045,075
59$4,299,307$1,340,482$894,649$3,278,992
60$4,691,720$1,360,049$878,504$3,535,213
61$5,122,706$1,379,122$860,365$3,815,996
62$5,596,155$1,397,632$840,120$4,123,832
63$6,116,350$1,415,503$817,651$4,461,464
64$6,688,010$1,432,656$792,835$4,831,918
65$7,316,336$1,449,004$765,543$5,238,530
66$8,007,054$1,464,457$735,640$5,684,975
67$8,766,475$1,478,918$702,986$6,175,307
68$9,601,553$1,492,282$667,434$6,713,992
69$10,519,947$1,504,439$628,828$7,305,955
70$11,530,097$1,515,272$587,009$7,956,625
71$12,641,301$1,524,654$541,808$8,671,985
72$13,863,804$1,532,453$493,050$9,458,629
73$15,208,896$1,538,527$440,550$10,323,830
74$16,689,013$1,542,724$384,118$11,275,600
75$18,317,859$1,544,884$323,553$12,322,773
76$20,110,534$1,544,837$258,646$13,475,087
77$22,083,676$1,542,402$189,178$14,743,273
78$24,255,618$1,537,386$114,922$16,139,162
79$26,646,558$1,529,586$35,640$17,675,794
80$29,278,756$1,518,785$0$19,367,541
81$32,176,738$1,504,753$0$21,240,696
82$35,367,527$1,487,248$0$23,311,066
83$38,880,902$1,466,011$0$25,590,342
84$42,749,677$1,440,769$0$28,099,798
85$47,010,010$1,411,232$0$30,862,878
86$51,701,742$1,377,093$0$33,905,419
87$56,868,777$1,338,028$0$37,255,895
88$62,559,493$1,293,693$0$40,945,684
89$68,827,201$1,243,723$0$45,009,366
90$75,730,644$1,187,734$0$49,485,050
91$83,334,555$1,125,319$0$54,414,734
92$91,710,266$1,056,045$0$59,844,702
93$100,936,380$979,459$0$65,825,958
94$111,099,515$895,076$0$72,414,713
95$122,295,121$802,390$0$79,672,913
96$134,628,376$700,860$0$87,668,826
97$148,215,187$589,919$0$96,477,685
98$163,183,277$468,966$0$106,182,400
99$179,673,391$337,365$0$116,874,341
100$197,840,627$194,446$0$128,654,200