Can I retire at age 41 with 1,110,000?

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 $1,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$91,663$90,846$90,050$89,272$88,513$87,082
2 years$45,378$44,532$43,713$42,919$42,149$40,712
3 years$29,951$29,102$28,285$27,499$26,741$25,342
4 years$22,240$21,393$20,585$19,811$19,072$17,721
5 years$17,614$16,773$15,974$15,217$14,498$13,200
6 years$14,531$13,696$12,910$12,169$11,472$10,228
7 years$12,330$11,502$10,728$10,005$9,330$8,140
8 years$10,680$9,859$9,098$8,393$7,740$6,605
9 years$9,397$8,584$7,836$7,149$6,518$5,437
10 years$8,371$7,567$6,832$6,162$5,554$4,525
11 years$7,533$6,736$6,015$5,363$4,776$3,800
12 years$6,834$6,046$5,338$4,704$4,139$3,213
13 years$6,244$5,464$4,769$4,153$3,609$2,732
14 years$5,738$4,966$4,285$3,687$3,164$2,335
15 years$5,300$4,537$3,869$3,288$2,786$2,003
16 years$4,918$4,163$3,508$2,944$2,462$1,723
17 years$4,580$3,834$3,192$2,645$2,183$1,487
18 years$4,281$3,542$2,914$2,384$1,941$1,286
19 years$4,013$3,283$2,667$2,154$1,730$1,115
20 years$3,773$3,051$2,448$1,951$1,545$968
21 years$3,555$2,842$2,252$1,770$1,383$842
22 years$3,358$2,653$2,075$1,610$1,240$733
23 years$3,178$2,481$1,916$1,466$1,113$639
24 years$3,013$2,324$1,772$1,337$1,000$557
25 years$2,862$2,181$1,641$1,221$900$486
26 years$2,722$2,050$1,522$1,117$811$425
27 years$2,593$1,929$1,414$1,022$731$371
28 years$2,474$1,818$1,314$936$660$325
29 years$2,363$1,715$1,223$859$596$284
30 years$2,259$1,620$1,139$788$538$249
31 years$2,163$1,531$1,062$724$486$218
32 years$2,073$1,449$991$665$440$191
33 years$1,988$1,372$925$612$398$167
34 years$1,908$1,300$864$563$361$147
35 years$1,833$1,233$808$518$327$129
36 years$1,763$1,171$756$477$296$113
37 years$1,696$1,112$708$440$268$99
38 years$1,633$1,057$663$405$243$87
39 years$1,574$1,005$621$374$220$76
40 years$1,518$956$582$345$200$67
41 years$1,464$910$546$318$181$59
42 years$1,413$867$512$293$165$51
43 years$1,365$826$480$271$149$45
44 years$1,319$787$451$250$136$40
45 years$1,275$751$423$231$123$35
46 years$1,233$716$398$213$112$30
47 years$1,193$683$373$197$102$27
48 years$1,155$652$351$182$92$23
49 years$1,119$623$330$168$84$21
50 years$1,084$595$310$156$76$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,110,000, adding $4,551 every year, while hoping to spend $21,013 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: 56/33/11 Blend
40$1,110,000$1,110,000$1,110,000$1,110,000
41$1,227,914$1,169,084$1,151,879$1,293,062
42$1,330,804$1,204,012$1,168,110$1,372,576
43$1,443,484$1,239,946$1,184,179$1,456,434
44$1,566,931$1,276,915$1,200,061$1,547,274
45$1,702,220$1,314,947$1,215,725$1,645,768
46$1,850,536$1,354,068$1,231,141$1,752,651
47$2,013,183$1,394,310$1,246,277$1,868,736
48$2,191,597$1,435,701$1,261,097$1,994,916
49$2,387,361$1,478,271$1,275,565$2,132,172
50$2,602,219$1,522,053$1,289,643$2,281,589
51$2,838,089$1,567,077$1,303,289$2,444,356
52$3,097,086$1,613,377$1,316,462$2,621,785
53$3,381,541$1,660,984$1,329,116$2,815,321
54$3,694,020$1,709,934$1,341,203$3,026,553
55$4,037,350$1,760,261$1,352,673$3,257,234
56$4,414,646$1,812,000$1,363,474$3,509,290
57$4,829,339$1,865,187$1,373,549$3,784,846
58$5,285,209$1,919,858$1,382,840$4,086,240
59$5,786,421$1,976,052$1,391,286$4,416,050
60$6,337,563$2,033,806$1,398,821$4,777,112
61$6,943,691$2,093,159$1,405,379$5,172,552
62$7,610,374$2,154,151$1,410,886$5,605,813
63$8,343,750$2,216,821$1,415,268$6,080,688
64$9,150,579$2,281,212$1,418,446$6,601,354
65$10,038,312$2,347,365$1,420,337$7,172,413
66$11,015,155$2,415,322$1,420,855$7,798,937
67$12,090,155$2,485,126$1,419,907$8,486,511
68$13,273,275$2,556,822$1,417,398$9,241,290
69$14,575,496$2,630,453$1,413,228$10,070,053
70$16,008,916$2,706,065$1,407,291$10,980,270
71$17,586,867$2,783,704$1,399,477$11,980,172
72$19,324,038$2,863,416$1,389,670$13,078,828
73$21,236,615$2,945,248$1,377,748$14,286,227
74$23,342,432$3,029,248$1,363,586$15,613,379
75$25,661,143$3,115,464$1,347,048$17,072,413
76$28,214,403$3,203,944$1,327,997$18,676,695
77$31,026,073$3,294,739$1,306,286$20,440,951
78$34,122,448$3,387,897$1,281,763$22,381,407
79$37,532,503$3,483,469$1,254,267$24,515,944
80$41,288,165$3,581,505$1,223,632$26,864,263
81$45,424,615$3,682,057$1,189,681$29,448,074
82$49,980,623$3,785,175$1,152,232$32,291,298
83$54,998,909$3,890,910$1,111,094$35,420,296
84$60,526,548$3,999,315$1,066,066$38,864,113
85$66,615,415$4,110,441$1,016,939$42,654,758
86$73,322,674$4,224,340$963,493$46,827,500
87$80,711,318$4,341,063$905,501$51,421,204
88$88,850,759$4,460,662$842,722$56,478,700
89$97,817,490$4,583,188$774,907$62,047,180
90$107,695,802$4,708,692$701,794$68,178,651
91$118,578,582$4,837,226$623,112$74,930,421
92$130,568,185$4,968,838$538,575$82,365,643
93$143,777,408$5,103,579$447,885$90,553,908
94$158,330,547$5,241,498$350,732$99,571,903
95$174,364,573$5,382,641$246,791$109,504,136
96$192,030,425$5,527,056$135,725$120,443,732
97$211,494,435$5,674,789$17,178$132,493,315
98$232,939,896$5,825,883$0$145,765,972
99$256,568,796$5,980,381$0$160,399,156
100$282,603,717$6,138,323$0$176,520,350