Can I retire at age 41 with 920,000?

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 $920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$75,973$75,296$74,636$73,991$73,362$71,444
2 years$37,610$36,910$36,231$35,573$34,934$33,015
3 years$24,824$24,121$23,444$22,792$22,164$20,303
4 years$18,433$17,731$17,061$16,420$15,807$14,020
5 years$14,599$13,902$13,240$12,612$12,017$10,307
6 years$12,044$11,352$10,700$10,086$9,508$7,878
7 years$10,219$9,533$8,892$8,292$7,733$6,183
8 years$8,852$8,172$7,541$6,956$6,415$4,944
9 years$7,788$7,115$6,495$5,925$5,402$4,009
10 years$6,938$6,271$5,662$5,108$4,603$3,286
11 years$6,243$5,583$4,985$4,445$3,959$2,716
12 years$5,664$5,011$4,424$3,899$3,431$2,259
13 years$5,175$4,529$3,953$3,442$2,992$1,890
14 years$4,756$4,116$3,552$3,056$2,622$1,587
15 years$4,393$3,760$3,207$2,725$2,309$1,338
16 years$4,076$3,450$2,907$2,440$2,041$1,131
17 years$3,796$3,177$2,645$2,192$1,809$959
18 years$3,548$2,936$2,415$1,976$1,609$814
19 years$3,326$2,721$2,211$1,785$1,434$693
20 years$3,127$2,529$2,029$1,617$1,281$590
21 years$2,947$2,355$1,866$1,467$1,146$504
22 years$2,783$2,199$1,720$1,334$1,027$430
23 years$2,634$2,056$1,588$1,215$922$368
24 years$2,497$1,927$1,469$1,108$829$314
25 years$2,372$1,808$1,360$1,012$746$269
26 years$2,256$1,699$1,262$925$672$230
27 years$2,150$1,599$1,172$847$606$197
28 years$2,050$1,507$1,089$776$547$169
29 years$1,958$1,422$1,014$712$494$145
30 years$1,873$1,343$944$653$446$124
31 years$1,793$1,269$880$600$403$107
32 years$1,718$1,201$821$551$365$92
33 years$1,648$1,137$767$507$330$79
34 years$1,582$1,078$716$466$299$67
35 years$1,520$1,022$670$429$271$58
36 years$1,461$970$627$395$245$50
37 years$1,406$922$586$364$222$43
38 years$1,354$876$549$336$202$37
39 years$1,305$833$515$310$183$31
40 years$1,258$792$482$286$166$27
41 years$1,213$754$452$264$150$23
42 years$1,171$718$424$243$136$20
43 years$1,131$684$398$224$124$17
44 years$1,093$652$374$207$112$15
45 years$1,057$622$351$191$102$13
46 years$1,022$593$330$177$93$11
47 years$989$566$310$163$84$9
48 years$957$541$291$151$76$8
49 years$927$516$273$140$69$7
50 years$898$493$257$129$63$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $920,000, adding $2,805 every year, while hoping to spend $41,685 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: 77/16/7 Blend
40$920,000$920,000$920,000$920,000
41$1,016,733$967,973$953,713$1,093,943
42$1,076,088$971,052$941,310$1,148,119
43$1,140,099$972,883$927,095$1,201,838
44$1,209,198$973,364$910,961$1,259,513
45$1,283,859$972,382$892,801$1,321,519
46$1,364,602$969,818$872,500$1,388,270
47$1,452,000$965,547$849,936$1,460,221
48$1,546,680$959,435$824,985$1,537,875
49$1,649,335$951,340$797,516$1,621,785
50$1,760,725$941,114$767,390$1,712,562
51$1,881,686$928,595$734,465$1,810,878
52$2,013,138$913,617$698,590$1,917,475
53$2,156,093$895,999$659,608$2,033,170
54$2,311,664$875,553$617,354$2,158,864
55$2,481,077$852,078$571,659$2,295,552
56$2,665,679$825,362$522,341$2,444,327
57$2,866,953$795,180$469,215$2,606,399
58$3,086,533$761,294$412,084$2,783,098
59$3,326,215$723,453$350,745$2,975,893
60$3,587,978$681,392$284,984$3,186,402
61$3,873,999$634,827$214,578$3,416,410
62$4,186,675$583,462$139,295$3,667,884
63$4,528,647$526,983$58,892$3,942,995
64$4,902,820$465,056$0$4,244,135
65$5,312,395$397,331$0$4,575,950
66$5,760,895$323,436$0$4,944,165
67$6,252,201$242,979$0$5,347,602
68$6,790,587$155,546$0$5,789,819
69$7,380,759$60,700$0$6,274,736
70$8,027,901$0$0$6,806,674
71$8,737,722$0$0$7,397,794
72$9,516,511$0$0$8,058,107
73$10,371,193$0$0$8,782,802
74$11,309,399$0$0$9,578,354
75$12,339,533$0$0$10,451,893
76$13,470,852$0$0$11,411,274
77$14,713,556$0$0$12,465,150
78$16,078,879$0$0$13,623,055
79$17,579,197$0$0$14,895,489
80$19,228,147$0$0$16,294,022
81$21,040,750$0$0$17,831,401
82$23,033,555$0$0$19,521,666
83$25,224,796$0$0$21,380,290
84$27,634,560$0$0$23,424,317
85$30,284,981$0$0$25,672,527
86$33,200,443$0$0$28,145,610
87$36,407,814$0$0$30,866,364
88$39,936,696$0$0$33,859,907
89$43,819,705$0$0$37,153,914
90$48,092,779$0$0$40,778,880
91$52,795,516$0$0$44,768,402
92$57,971,546$0$0$49,159,504
93$63,668,945$0$0$53,992,976
94$69,940,683$0$0$59,313,768
95$76,845,130$0$0$65,171,406
96$84,446,601$0$0$71,620,464
97$92,815,966$0$0$78,721,075
98$102,031,313$0$0$86,539,501
99$112,178,692$0$0$95,148,756
100$123,352,919$0$0$104,629,295