Can I retire at age 41 with 910,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.5%
1 years$75,147$74,478$73,825$73,187$72,565$70,639
2 years$37,201$36,509$35,837$35,186$34,555$32,628
3 years$24,555$23,859$23,189$22,544$21,923$20,055
4 years$18,232$17,539$16,876$16,242$15,636$13,841
5 years$14,440$13,751$13,096$12,475$11,886$10,170
6 years$11,913$11,228$10,584$9,977$9,405$7,770
7 years$10,108$9,430$8,795$8,202$7,649$6,094
8 years$8,755$8,083$7,459$6,881$6,345$4,870
9 years$7,704$7,038$6,424$5,861$5,344$3,947
10 years$6,863$6,203$5,601$5,052$4,553$3,233
11 years$6,175$5,522$4,931$4,397$3,916$2,670
12 years$5,603$4,957$4,376$3,857$3,393$2,220
13 years$5,119$4,479$3,910$3,405$2,959$1,855
14 years$4,704$4,072$3,513$3,022$2,594$1,558
15 years$4,345$3,719$3,172$2,695$2,284$1,312
16 years$4,032$3,413$2,876$2,413$2,019$1,109
17 years$3,755$3,143$2,617$2,168$1,790$939
18 years$3,510$2,904$2,389$1,954$1,591$797
19 years$3,290$2,692$2,187$1,766$1,418$677
20 years$3,093$2,501$2,007$1,599$1,267$577
21 years$2,915$2,330$1,846$1,451$1,134$492
22 years$2,753$2,175$1,701$1,320$1,016$419
23 years$2,605$2,034$1,571$1,202$912$358
24 years$2,470$1,906$1,453$1,096$820$306
25 years$2,346$1,788$1,346$1,001$738$262
26 years$2,232$1,681$1,248$915$665$224
27 years$2,126$1,582$1,159$838$599$192
28 years$2,028$1,491$1,077$768$541$164
29 years$1,937$1,406$1,003$704$488$141
30 years$1,852$1,328$934$646$441$121
31 years$1,773$1,255$871$593$399$103
32 years$1,699$1,188$812$545$361$89
33 years$1,630$1,125$758$501$326$76
34 years$1,564$1,066$709$461$296$65
35 years$1,503$1,011$662$425$268$56
36 years$1,445$960$620$391$243$48
37 years$1,391$912$580$360$220$41
38 years$1,339$866$543$332$199$35
39 years$1,290$824$509$306$181$30
40 years$1,244$784$477$283$164$26
41 years$1,200$746$447$261$149$22
42 years$1,159$711$420$241$135$19
43 years$1,119$677$394$222$122$16
44 years$1,081$645$370$205$111$14
45 years$1,045$615$347$189$101$12
46 years$1,011$587$326$175$92$10
47 years$978$560$306$162$83$9
48 years$947$535$288$149$76$8
49 years$917$511$270$138$69$7
50 years$888$488$254$128$62$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $910,000, adding $5,380 every year, while hoping to spend $31,012 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: 57/16/27 Blend
40$910,000$910,000$910,000$910,000
41$1,008,369$960,139$946,034$1,058,117
42$1,078,227$974,190$944,730$1,106,883
43$1,154,170$987,889$942,343$1,156,297
44$1,236,787$1,001,188$938,803$1,209,517
45$1,326,725$1,014,032$934,039$1,266,920
46$1,424,697$1,026,365$927,975$1,328,923
47$1,531,484$1,038,125$920,530$1,395,986
48$1,647,951$1,049,248$911,623$1,468,615
49$1,775,045$1,059,664$901,165$1,547,372
50$1,913,811$1,069,300$889,066$1,632,874
51$2,065,399$1,078,075$875,229$1,725,805
52$2,231,075$1,085,906$859,555$1,826,916
53$2,412,233$1,092,703$841,938$1,937,040
54$2,610,406$1,098,372$822,269$2,057,093
55$2,827,286$1,102,810$800,433$2,188,089
56$3,064,732$1,105,910$776,310$2,331,143
57$3,324,792$1,107,558$749,774$2,487,490
58$3,609,724$1,107,631$720,695$2,658,489
59$3,922,011$1,106,000$688,934$2,845,641
60$4,264,391$1,102,529$654,347$3,050,602
61$4,639,877$1,097,071$616,786$3,275,199
62$5,051,790$1,089,473$576,093$3,521,447
63$5,503,784$1,079,569$532,104$3,791,571
64$5,999,888$1,067,186$484,648$4,088,023
65$6,544,539$1,052,140$433,546$4,413,509
66$7,142,623$1,034,235$378,610$4,771,014
67$7,799,523$1,013,266$319,647$5,163,830
68$8,521,170$989,012$256,451$5,595,590
69$9,314,098$961,241$188,810$6,070,298
70$10,185,502$929,709$116,502$6,592,372
71$11,143,313$894,154$39,294$7,166,686
72$12,196,266$854,302$0$7,798,611
73$13,353,984$809,863$0$8,506,492
74$14,627,071$760,527$0$9,297,334
75$16,027,209$705,969$0$10,167,087
76$17,567,269$645,846$0$11,123,779
77$19,261,431$579,793$0$12,176,255
78$21,125,320$507,426$0$13,334,265
79$23,176,152$428,339$0$14,608,552
80$25,432,893$342,102$0$16,010,960
81$27,916,445$248,261$0$17,554,539
82$30,649,835$146,339$0$19,253,673
83$33,658,437$35,828$0$21,124,215
84$36,970,210$0$0$23,183,636
85$40,615,959$0$0$25,465,947
86$44,629,631$0$0$27,985,628
87$49,048,629$0$0$30,759,865
88$53,914,168$0$0$33,814,544
89$59,271,664$0$0$37,178,192
90$65,171,159$0$0$40,882,240
91$71,667,796$0$0$44,961,325
92$78,822,340$0$0$49,453,614
93$86,701,747$0$0$54,401,162
94$95,379,798$0$0$59,850,314
95$104,937,797$0$0$65,852,136
96$115,465,333$0$0$72,462,902
97$127,061,129$0$0$79,744,623
98$139,833,975$0$0$87,765,630
99$153,903,748$0$0$96,601,223
100$169,402,550$0$0$106,334,376