Can I retire at age 41 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$104,875$103,941$103,030$102,140$101,272$97,562
2 years$51,919$50,952$50,014$49,106$48,225$44,529
3 years$34,269$33,297$32,363$31,463$30,596$27,029
4 years$25,445$24,477$23,552$22,667$21,821$18,412
5 years$20,153$19,190$18,277$17,410$16,588$13,345
6 years$16,625$15,670$14,771$13,923$13,126$10,050
7 years$14,107$13,160$12,274$11,447$10,675$7,767
8 years$12,219$11,281$10,410$9,603$8,856$6,113
9 years$10,751$9,822$8,966$8,179$7,458$4,876
10 years$9,578$8,657$7,817$7,051$6,354$3,929
11 years$8,618$7,707$6,882$6,136$5,465$3,191
12 years$7,819$6,918$6,107$5,382$4,736$2,608
13 years$7,144$6,251$5,456$4,752$4,130$2,141
14 years$6,565$5,682$4,903$4,218$3,620$1,765
15 years$6,064$5,191$4,426$3,762$3,187$1,460
16 years$5,627$4,763$4,013$3,368$2,817$1,211
17 years$5,241$4,386$3,652$3,026$2,498$1,006
18 years$4,898$4,053$3,334$2,727$2,221$838
19 years$4,592$3,756$3,052$2,464$1,980$698
20 years$4,316$3,491$2,801$2,232$1,768$583
21 years$4,068$3,251$2,576$2,026$1,582$487
22 years$3,842$3,035$2,374$1,842$1,418$407
23 years$3,636$2,839$2,192$1,677$1,273$341
24 years$3,447$2,660$2,028$1,530$1,144$285
25 years$3,274$2,496$1,878$1,397$1,030$239
26 years$3,115$2,346$1,742$1,277$928$200
27 years$2,967$2,208$1,617$1,169$836$168
28 years$2,831$2,080$1,503$1,071$755$141
29 years$2,704$1,962$1,399$982$681$118
30 years$2,585$1,853$1,303$902$616$99
31 years$2,475$1,752$1,215$828$557$83
32 years$2,371$1,658$1,134$761$503$70
33 years$2,274$1,570$1,058$700$456$58
34 years$2,183$1,488$989$644$413$49
35 years$2,098$1,411$925$593$374$41
36 years$2,017$1,339$865$546$339$35
37 years$1,941$1,272$810$503$307$29
38 years$1,869$1,209$758$464$278$24
39 years$1,801$1,150$710$427$252$20
40 years$1,736$1,094$666$394$229$17
41 years$1,675$1,041$624$364$208$14
42 years$1,617$992$586$336$188$12
43 years$1,562$945$549$310$171$10
44 years$1,509$901$516$286$155$9
45 years$1,459$859$484$264$141$7
46 years$1,411$819$455$244$128$6
47 years$1,365$782$427$226$116$5
48 years$1,322$746$402$208$105$4
49 years$1,280$713$377$193$96$4
50 years$1,240$681$355$178$87$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,270,000, adding $5,878 every year, while hoping to spend $42,108 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: 33/46/21 Blend
40$1,270,000$1,270,000$1,270,000$1,270,000
41$1,405,603$1,338,293$1,318,608$1,442,742
42$1,504,172$1,359,067$1,317,979$1,491,692
43$1,611,384$1,379,447$1,315,917$1,540,157
44$1,728,075$1,399,371$1,312,331$1,591,520
45$1,855,168$1,418,769$1,307,123$1,646,064
46$1,993,675$1,437,568$1,300,191$1,704,098
47$2,144,712$1,455,691$1,291,430$1,765,969
48$2,309,507$1,473,054$1,280,727$1,832,058
49$2,489,411$1,489,568$1,267,966$1,902,788
50$2,685,911$1,505,138$1,253,024$1,978,629
51$2,900,647$1,519,662$1,235,772$2,060,098
52$3,135,419$1,533,032$1,216,077$2,147,770
53$3,392,214$1,545,132$1,193,797$2,242,281
54$3,673,216$1,555,841$1,168,786$2,344,335
55$3,980,834$1,565,026$1,140,890$2,454,711
56$4,317,716$1,572,550$1,109,947$2,574,270
57$4,686,782$1,578,263$1,075,789$2,703,965
58$5,091,245$1,582,010$1,038,239$2,844,853
59$5,534,645$1,583,621$997,114$2,998,098
60$6,020,881$1,582,921$952,219$3,164,992
61$6,554,247$1,579,720$903,354$3,346,962
62$7,139,472$1,573,818$850,309$3,545,585
63$7,781,766$1,565,003$792,862$3,762,606
64$8,486,866$1,553,049$730,783$3,999,953
65$9,261,095$1,537,717$663,833$4,259,756
66$10,111,416$1,518,753$591,760$4,544,373
67$11,045,498$1,495,890$514,301$4,856,405
68$12,071,792$1,468,842$431,184$5,198,730
69$13,199,607$1,437,307$342,121$5,574,525
70$14,439,199$1,400,967$246,814$5,987,300
71$15,801,866$1,359,483$144,951$6,440,935
72$17,300,055$1,312,498$36,206$6,939,712
73$18,947,482$1,259,631$0$7,488,363
74$20,759,255$1,200,483$0$8,110,002
75$22,752,022$1,134,629$0$8,802,329
76$24,944,123$1,061,622$0$9,563,675
77$27,355,768$980,985$0$10,401,161
78$30,009,222$892,219$0$11,322,640
79$32,929,018$794,793$0$12,336,778
80$36,142,187$688,147$0$13,453,134
81$39,678,513$571,689$0$14,682,254
82$43,570,814$444,795$0$16,035,769
83$47,855,250$306,803$0$17,526,510
84$52,571,665$157,016$0$19,168,629
85$57,763,963$0$0$20,977,736
86$63,480,520$0$0$22,973,732
87$69,774,641$0$0$25,259,137
88$76,705,065$0$0$27,775,829
89$84,336,514$0$0$30,547,342
90$92,740,308$0$0$33,599,608
91$101,995,036$0$0$36,961,203
92$112,187,295$0$0$40,663,615
93$123,412,511$0$0$44,741,543
94$135,775,836$0$0$49,233,222
95$149,393,139$0$0$54,180,785
96$164,392,105$0$0$59,630,662
97$180,913,433$0$0$65,634,015
98$199,112,166$0$0$72,247,222
99$219,159,156$0$0$79,532,410
100$241,242,671$0$0$87,558,040