Can I retire at age 41 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$103,224$102,304$101,407$100,532$99,677$97,267
2 years$51,101$50,149$49,227$48,333$47,465$45,052
3 years$33,729$32,773$31,853$30,967$30,114$27,773
4 years$25,045$24,092$23,181$22,310$21,477$19,226
5 years$19,835$18,888$17,989$17,136$16,327$14,172
6 years$16,364$15,424$14,538$13,704$12,919$10,862
7 years$13,885$12,953$12,081$11,267$10,506$8,548
8 years$12,027$11,103$10,246$9,451$8,716$6,856
9 years$10,582$9,667$8,825$8,051$7,340$5,576
10 years$9,427$8,521$7,694$6,940$6,254$4,584
11 years$8,483$7,586$6,773$6,040$5,379$3,801
12 years$7,696$6,809$6,011$5,298$4,661$3,172
13 years$7,031$6,153$5,371$4,677$4,065$2,662
14 years$6,462$5,593$4,825$4,152$3,563$2,244
15 years$5,969$5,109$4,357$3,703$3,137$1,898
16 years$5,538$4,688$3,950$3,315$2,773$1,611
17 years$5,158$4,317$3,594$2,979$2,458$1,370
18 years$4,821$3,989$3,281$2,684$2,186$1,168
19 years$4,519$3,697$3,004$2,426$1,948$998
20 years$4,248$3,436$2,757$2,197$1,740$853
21 years$4,004$3,200$2,536$1,994$1,557$731
22 years$3,781$2,987$2,337$1,813$1,396$626
23 years$3,579$2,794$2,158$1,651$1,253$537
24 years$3,393$2,618$1,996$1,506$1,126$461
25 years$3,223$2,457$1,848$1,375$1,014$397
26 years$3,066$2,309$1,714$1,257$913$341
27 years$2,921$2,173$1,592$1,151$823$293
28 years$2,786$2,047$1,480$1,054$743$252
29 years$2,661$1,931$1,377$967$671$217
30 years$2,544$1,824$1,283$887$606$187
31 years$2,436$1,724$1,196$815$548$161
32 years$2,334$1,632$1,116$749$496$139
33 years$2,239$1,545$1,042$689$448$120
34 years$2,149$1,464$973$634$406$103
35 years$2,065$1,389$910$583$368$89
36 years$1,985$1,318$851$537$333$77
37 years$1,910$1,252$797$495$302$66
38 years$1,840$1,190$746$456$274$57
39 years$1,772$1,132$699$421$248$49
40 years$1,709$1,077$655$388$225$42
41 years$1,649$1,025$614$358$204$37
42 years$1,591$976$576$330$185$32
43 years$1,537$930$541$305$168$27
44 years$1,485$886$508$282$153$23
45 years$1,436$845$477$260$139$20
46 years$1,389$806$448$240$126$17
47 years$1,344$770$421$222$114$15
48 years$1,301$735$395$205$104$13
49 years$1,260$702$372$190$94$11
50 years$1,220$670$349$175$86$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,250,000, adding $2,383 every year, while hoping to spend $59,915 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: 27/44/29 Blend
40$1,250,000$1,250,000$1,250,000$1,250,000
41$1,379,958$1,313,708$1,294,333$1,404,734
42$1,456,965$1,314,331$1,273,944$1,425,717
43$1,539,818$1,312,976$1,250,864$1,442,945
44$1,629,051$1,309,483$1,224,939$1,460,235
45$1,725,249$1,303,682$1,196,010$1,477,635
46$1,829,055$1,295,394$1,163,907$1,495,204
47$1,941,176$1,284,426$1,128,456$1,513,011
48$2,062,389$1,270,575$1,089,472$1,531,137
49$2,193,547$1,253,627$1,046,763$1,549,681
50$2,335,587$1,233,354$1,000,128$1,568,756
51$2,489,543$1,209,514$949,358$1,588,495
52$2,656,547$1,181,851$894,232$1,609,051
53$2,837,847$1,150,094$834,521$1,630,602
54$3,034,815$1,113,956$769,985$1,653,353
55$3,248,960$1,073,134$700,374$1,677,536
56$3,481,943$1,027,307$625,426$1,703,419
57$3,735,591$976,134$544,867$1,731,307
58$4,011,913$919,256$458,411$1,761,548
59$4,313,121$856,293$365,761$1,794,533
60$4,641,650$786,842$266,605$1,830,710
61$5,000,180$710,479$160,618$1,870,581
62$5,391,660$626,755$47,461$1,914,716
63$5,819,338$535,193$0$1,963,755
64$6,286,786$435,294$0$2,041,101
65$6,797,942$326,527$0$2,142,031
66$7,357,137$208,332$0$2,252,873
67$7,969,143$80,118$0$2,374,772
68$8,639,213$0$0$2,509,004
69$9,373,133$0$0$2,685,424
70$10,177,274$0$0$2,921,429
71$11,058,651$0$0$3,180,312
72$12,024,993$0$0$3,464,370
73$13,084,809$0$0$3,776,131
74$14,247,475$0$0$4,118,382
75$15,523,316$0$0$4,494,189
76$16,923,704$0$0$4,906,935
77$18,461,167$0$0$5,360,343
78$20,149,506$0$0$5,858,515
79$22,003,922$0$0$6,405,970
80$24,041,163$0$0$7,007,686
81$26,279,676$0$0$7,669,150
82$28,739,787$0$0$8,396,403
83$31,443,886$0$0$9,196,103
84$34,416,642$0$0$10,075,586
85$37,685,231$0$0$11,042,933
86$41,279,596$0$0$12,107,047
87$45,232,726$0$0$13,277,740
88$49,580,967$0$0$14,565,820
89$54,364,366$0$0$15,983,198
90$59,627,045$0$0$17,542,996
91$65,417,620$0$0$19,259,673
92$71,789,654$0$0$21,149,160
93$78,802,168$0$0$23,229,013
94$86,520,192$0$0$25,518,573
95$95,015,381$0$0$28,039,156
96$104,366,689$0$0$30,814,245
97$114,661,111$0$0$33,869,718
98$125,994,509$0$0$37,234,091
99$138,472,510$0$0$40,938,784
100$152,211,503$0$0$45,018,421