Can I retire at age 41 with 1,090,000?

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 $1,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$90,011$89,209$88,427$87,664$86,918$83,968
2 years$44,560$43,730$42,926$42,146$41,390$38,447
3 years$29,412$28,578$27,776$27,003$26,259$23,416
4 years$21,839$21,008$20,214$19,454$18,728$16,007
5 years$17,296$16,470$15,687$14,943$14,237$11,645
6 years$14,269$13,449$12,677$11,950$11,265$8,804
7 years$12,108$11,295$10,535$9,825$9,162$6,831
8 years$10,487$9,682$8,934$8,242$7,600$5,398
9 years$9,228$8,430$7,695$7,020$6,401$4,325
10 years$8,220$7,430$6,709$6,051$5,454$3,500
11 years$7,397$6,615$5,906$5,267$4,690$2,856
12 years$6,711$5,937$5,242$4,619$4,065$2,345
13 years$6,131$5,365$4,683$4,078$3,544$1,935
14 years$5,635$4,877$4,208$3,620$3,107$1,603
15 years$5,205$4,455$3,799$3,229$2,736$1,332
16 years$4,829$4,088$3,444$2,891$2,418$1,110
17 years$4,498$3,765$3,134$2,597$2,144$927
18 years$4,204$3,479$2,861$2,341$1,906$776
19 years$3,941$3,224$2,619$2,115$1,699$650
20 years$3,705$2,996$2,404$1,916$1,518$546
21 years$3,491$2,790$2,211$1,739$1,358$458
22 years$3,297$2,605$2,038$1,581$1,217$385
23 years$3,121$2,436$1,882$1,440$1,093$324
24 years$2,959$2,283$1,740$1,313$982$273
25 years$2,810$2,142$1,612$1,199$884$230
26 years$2,673$2,013$1,495$1,096$796$194
27 years$2,547$1,895$1,388$1,004$718$163
28 years$2,429$1,785$1,290$919$648$138
29 years$2,320$1,684$1,201$843$585$116
30 years$2,219$1,591$1,119$774$528$98
31 years$2,124$1,504$1,043$711$478$83
32 years$2,035$1,423$973$653$432$70
33 years$1,952$1,347$908$601$391$59
34 years$1,874$1,277$849$553$354$50
35 years$1,800$1,211$794$509$321$42
36 years$1,731$1,150$742$469$291$35
37 years$1,666$1,092$695$432$263$30
38 years$1,604$1,038$651$398$239$25
39 years$1,546$987$610$367$217$21
40 years$1,490$939$571$338$196$18
41 years$1,438$894$536$312$178$15
42 years$1,388$851$503$288$162$13
43 years$1,340$811$472$266$147$11
44 years$1,295$773$443$246$133$9
45 years$1,252$737$416$227$121$8
46 years$1,211$703$390$210$110$7
47 years$1,172$671$367$194$100$6
48 years$1,134$641$345$179$91$5
49 years$1,098$612$324$165$82$4
50 years$1,064$584$305$153$75$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,090,000, adding $5,377 every year, while hoping to spend $50,101 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: 54/19/27 Blend
40$1,090,000$1,090,000$1,090,000$1,090,000
41$1,206,726$1,148,956$1,132,061$1,262,586
42$1,276,505$1,151,948$1,116,678$1,304,736
43$1,351,723$1,153,407$1,099,101$1,345,005
44$1,432,880$1,153,206$1,079,202$1,387,835
45$1,520,529$1,151,208$1,056,851$1,433,489
46$1,615,275$1,147,270$1,031,907$1,482,260
47$1,717,784$1,141,237$1,004,227$1,534,475
48$1,828,789$1,132,948$973,659$1,590,493
49$1,949,093$1,122,230$940,045$1,650,716
50$2,079,582$1,108,901$903,218$1,715,588
51$2,221,228$1,092,766$863,005$1,785,600
52$2,375,103$1,073,621$819,225$1,861,299
53$2,542,384$1,051,249$771,689$1,943,288
54$2,724,365$1,025,418$720,199$2,032,238
55$2,922,472$995,885$664,547$2,128,891
56$3,138,272$962,392$604,518$2,234,068
57$3,373,493$924,666$539,886$2,348,679
58$3,630,032$882,417$470,415$2,473,730
59$3,909,979$835,340$395,858$2,610,337
60$4,215,637$783,111$315,959$2,759,731
61$4,549,537$725,389$230,449$2,923,278
62$4,914,468$661,811$139,047$3,102,487
63$5,313,500$591,996$41,461$3,299,026
64$5,750,012$515,539$0$3,514,741
65$6,227,726$432,013$0$3,769,732
66$6,750,740$340,968$0$4,062,116
67$7,323,567$241,927$0$4,382,528
68$7,951,176$134,386$0$4,733,822
69$8,639,040$17,816$0$5,119,149
70$9,393,188$0$0$5,541,984
71$10,220,256$0$0$6,028,811
72$11,127,558$0$0$6,567,056
73$12,123,147$0$0$7,157,788
74$13,215,894$0$0$7,806,281
75$14,415,572$0$0$8,518,351
76$15,732,943$0$0$9,300,400
77$17,179,867$0$0$10,159,484
78$18,769,405$0$0$11,103,373
79$20,515,947$0$0$12,140,629
80$22,435,346$0$0$13,280,683
81$24,545,068$0$0$14,533,926
82$26,864,353$0$0$15,911,807
83$29,414,399$0$0$17,426,938
84$32,218,561$0$0$19,093,213
85$35,302,570$0$0$20,925,944
86$38,694,776$0$0$22,941,998
87$42,426,414$0$0$25,159,960
88$46,531,900$0$0$27,600,307
89$51,049,152$0$0$30,285,602
90$56,019,950$0$0$33,240,703
91$61,490,329$0$0$36,493,004
92$67,511,011$0$0$40,072,683
93$74,137,886$0$0$44,012,998
94$81,432,536$0$0$48,350,592
95$89,462,816$0$0$53,125,840
96$98,303,497$0$0$58,383,234
97$108,036,964$0$0$64,171,797
98$118,754,000$0$0$70,545,547
99$130,554,637$0$0$77,564,009
100$143,549,103$0$0$85,292,772