Can I retire at age 41 with 1,100,000?

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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$90,837$90,028$89,238$88,468$87,716$84,806
2 years$44,969$44,131$43,320$42,533$41,769$38,866
3 years$29,681$28,840$28,031$27,251$26,500$23,695
4 years$22,039$21,201$20,399$19,633$18,900$16,214
5 years$17,455$16,622$15,831$15,080$14,368$11,807
6 years$14,400$13,573$12,793$12,060$11,369$8,937
7 years$12,219$11,398$10,631$9,915$9,246$6,942
8 years$10,583$9,771$9,016$8,317$7,670$5,493
9 years$9,312$8,507$7,766$7,084$6,459$4,405
10 years$8,296$7,499$6,770$6,107$5,504$3,570
11 years$7,465$6,675$5,960$5,315$4,733$2,917
12 years$6,773$5,992$5,290$4,662$4,102$2,398
13 years$6,188$5,415$4,726$4,116$3,577$1,981
14 years$5,687$4,922$4,246$3,653$3,135$1,644
15 years$5,253$4,496$3,834$3,258$2,761$1,368
16 years$4,873$4,125$3,476$2,917$2,440$1,142
17 years$4,539$3,799$3,163$2,621$2,163$955
18 years$4,242$3,510$2,887$2,362$1,924$800
19 years$3,977$3,253$2,643$2,135$1,715$672
20 years$3,739$3,023$2,426$1,933$1,531$565
21 years$3,523$2,816$2,231$1,755$1,371$475
22 years$3,327$2,629$2,057$1,595$1,228$400
23 years$3,149$2,459$1,899$1,453$1,103$337
24 years$2,986$2,304$1,756$1,325$991$284
25 years$2,836$2,162$1,627$1,210$892$240
26 years$2,698$2,032$1,509$1,106$803$202
27 years$2,570$1,912$1,401$1,013$724$171
28 years$2,452$1,802$1,302$928$654$144
29 years$2,342$1,700$1,212$851$590$122
30 years$2,239$1,605$1,129$781$533$103
31 years$2,143$1,517$1,052$717$482$87
32 years$2,054$1,436$982$659$436$74
33 years$1,970$1,360$917$606$395$62
34 years$1,891$1,289$857$558$357$53
35 years$1,817$1,222$801$513$324$44
36 years$1,747$1,160$749$473$293$38
37 years$1,681$1,102$701$436$266$32
38 years$1,619$1,047$657$402$241$27
39 years$1,560$996$615$370$218$23
40 years$1,504$947$577$342$198$19
41 years$1,451$902$541$315$180$16
42 years$1,400$859$507$291$163$14
43 years$1,353$818$476$268$148$12
44 years$1,307$780$447$248$134$10
45 years$1,264$744$419$229$122$8
46 years$1,222$710$394$211$111$7
47 years$1,183$677$370$195$101$6
48 years$1,145$646$348$180$91$5
49 years$1,109$617$327$167$83$4
50 years$1,074$590$307$154$75$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,100,000, adding $2,836 every year, while hoping to spend $30,431 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: 74/11/15 Blend
40$1,100,000$1,100,000$1,100,000$1,100,000
41$1,215,125$1,156,825$1,139,775$1,300,839
42$1,306,690$1,181,131$1,145,579$1,382,245
43$1,406,574$1,205,609$1,150,558$1,467,382
44$1,515,594$1,230,233$1,154,651$1,559,852
45$1,634,649$1,254,979$1,157,797$1,660,376
46$1,764,729$1,279,818$1,159,928$1,769,745
47$1,906,921$1,304,720$1,160,976$1,888,836
48$2,062,427$1,329,651$1,160,868$2,018,610
49$2,232,565$1,354,574$1,159,529$2,160,128
50$2,418,791$1,379,452$1,156,877$2,314,560
51$2,622,704$1,404,242$1,152,829$2,483,192
52$2,846,068$1,428,898$1,147,297$2,667,444
53$3,090,825$1,453,372$1,140,189$2,868,880
54$3,359,112$1,477,610$1,131,408$3,089,222
55$3,653,285$1,501,556$1,120,853$3,330,368
56$3,975,936$1,525,149$1,108,419$3,594,409
57$4,329,924$1,548,324$1,093,993$3,883,653
58$4,718,395$1,571,010$1,077,460$4,200,637
59$5,144,814$1,593,133$1,058,698$4,548,161
60$5,613,000$1,614,611$1,037,580$4,929,311
61$6,127,159$1,635,360$1,013,971$5,347,484
62$6,691,923$1,655,286$987,733$5,806,428
63$7,312,397$1,674,293$958,720$6,310,270
64$7,994,203$1,692,275$926,778$6,863,560
65$8,743,535$1,709,120$891,749$7,471,312
66$9,567,218$1,724,709$853,465$8,139,051
67$10,472,769$1,738,915$811,751$8,872,867
68$11,468,472$1,751,602$766,425$9,679,471
69$12,563,452$1,762,627$717,296$10,566,257
70$13,767,764$1,771,835$664,165$11,541,378
71$15,092,485$1,779,064$606,824$12,613,815
72$16,549,821$1,784,141$545,055$13,793,469
73$18,153,219$1,786,880$478,631$15,091,248
74$19,917,495$1,787,085$407,313$16,519,178
75$21,858,977$1,784,549$330,855$18,090,508
76$23,995,651$1,779,051$248,998$19,819,843
77$26,347,339$1,770,356$161,470$21,723,276
78$28,935,879$1,758,214$67,991$23,818,545
79$31,785,335$1,742,363$0$26,125,198
80$34,922,222$1,722,522$0$28,669,862
81$38,375,757$1,698,394$0$31,483,137
82$42,178,134$1,669,665$0$34,580,349
83$46,364,828$1,636,003$0$37,990,385
84$50,974,926$1,597,053$0$41,745,082
85$56,051,503$1,552,443$0$45,879,522
86$61,642,020$1,501,776$0$50,432,363
87$67,798,777$1,444,634$0$55,446,206
88$74,579,406$1,380,575$0$60,967,997
89$82,047,412$1,309,129$0$67,049,468
90$90,272,772$1,229,801$0$73,747,628
91$99,332,600$1,142,066$0$81,125,301
92$109,311,868$1,045,371$0$89,251,714
93$120,304,213$939,128$0$98,203,160
94$132,412,817$822,720$0$108,063,709
95$145,751,382$695,491$0$118,926,008
96$160,445,204$556,750$0$130,892,151
97$176,632,351$405,768$0$144,074,648
98$194,464,972$241,772$0$158,597,482
99$214,110,728$63,947$0$174,597,283
100$235,754,376$0$0$192,224,619