Can I retire at age 41 with 1,290,000?

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 $1,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$106,527$105,578$104,652$103,749$102,866$101,792
2 years$52,736$51,754$50,802$49,879$48,984$47,902
3 years$34,808$33,822$32,872$31,958$31,077$30,022
4 years$25,846$24,863$23,923$23,024$22,165$21,143
5 years$20,470$19,493$18,565$17,685$16,849$15,865
6 years$16,887$15,917$15,003$14,143$13,332$12,386
7 years$14,329$13,367$12,468$11,627$10,843$9,935
8 years$12,411$11,458$10,574$9,754$8,995$8,126
9 years$10,921$9,976$9,107$8,308$7,575$6,745
10 years$9,729$8,794$7,940$7,162$6,454$5,662
11 years$8,754$7,829$6,990$6,233$5,551$4,796
12 years$7,943$7,026$6,203$5,467$4,810$4,091
13 years$7,256$6,350$5,542$4,827$4,195$3,511
14 years$6,669$5,772$4,980$4,284$3,677$3,028
15 years$6,160$5,273$4,496$3,821$3,238$2,623
16 years$5,715$4,838$4,076$3,421$2,861$2,279
17 years$5,323$4,455$3,709$3,074$2,537$1,986
18 years$4,975$4,117$3,386$2,770$2,256$1,735
19 years$4,664$3,815$3,100$2,503$2,011$1,520
20 years$4,384$3,545$2,845$2,267$1,796$1,333
21 years$4,132$3,302$2,617$2,058$1,607$1,171
22 years$3,902$3,083$2,412$1,871$1,441$1,031
23 years$3,693$2,883$2,227$1,704$1,293$908
24 years$3,502$2,701$2,059$1,554$1,162$801
25 years$3,326$2,535$1,907$1,419$1,046$707
26 years$3,164$2,383$1,769$1,298$942$624
27 years$3,014$2,242$1,643$1,188$849$552
28 years$2,875$2,113$1,527$1,088$766$488
29 years$2,746$1,993$1,421$998$692$432
30 years$2,626$1,882$1,324$916$625$383
31 years$2,514$1,780$1,234$841$565$339
32 years$2,409$1,684$1,151$773$511$301
33 years$2,310$1,595$1,075$711$463$266
34 years$2,218$1,511$1,004$654$419$236
35 years$2,131$1,433$939$602$380$210
36 years$2,049$1,361$879$555$344$186
37 years$1,971$1,292$822$511$312$165
38 years$1,898$1,228$770$471$283$146
39 years$1,829$1,168$721$434$256$130
40 years$1,764$1,111$676$400$232$115
41 years$1,701$1,058$634$370$211$103
42 years$1,642$1,007$595$341$191$91
43 years$1,586$960$558$315$174$81
44 years$1,533$915$524$291$158$72
45 years$1,482$872$492$268$143$64
46 years$1,433$832$462$248$130$57
47 years$1,387$794$434$229$118$50
48 years$1,342$758$408$212$107$45
49 years$1,300$724$383$196$97$40
50 years$1,259$692$360$181$88$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,290,000, adding $3,695 every year, while hoping to spend $34,713 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: 48/47/5 Blend
40$1,290,000$1,290,000$1,290,000$1,290,000
41$1,425,391$1,357,021$1,337,026$1,491,837
42$1,533,847$1,386,581$1,344,882$1,567,187
43$1,652,202$1,416,426$1,351,838$1,644,952
44$1,781,428$1,446,533$1,357,827$1,728,549
45$1,922,598$1,476,877$1,362,778$1,818,530
46$2,076,891$1,507,431$1,366,619$1,915,501
47$2,245,604$1,538,166$1,369,271$2,020,131
48$2,430,167$1,569,048$1,370,653$2,133,154
49$2,632,154$1,600,041$1,370,680$2,255,383
50$2,853,299$1,631,108$1,369,263$2,387,710
51$3,095,509$1,662,206$1,366,307$2,531,119
52$3,360,886$1,693,290$1,361,714$2,686,694
53$3,651,746$1,724,310$1,355,380$2,855,631
54$3,970,637$1,755,214$1,347,198$3,039,245
55$4,320,367$1,785,944$1,337,054$3,238,989
56$4,704,028$1,816,439$1,324,829$3,456,462
57$5,125,026$1,846,632$1,310,398$3,693,426
58$5,587,114$1,876,452$1,293,632$3,951,824
59$6,094,423$1,905,823$1,274,393$4,233,798
60$6,651,507$1,934,661$1,252,538$4,541,707
61$7,263,381$1,962,879$1,227,917$4,878,153
62$7,935,568$1,990,382$1,200,375$5,246,005
63$8,674,155$2,017,070$1,169,746$5,648,422
64$9,485,846$2,042,834$1,135,860$6,088,890
65$10,378,028$2,067,559$1,098,538$6,571,250
66$11,358,839$2,091,121$1,057,590$7,099,735
67$12,437,243$2,113,388$1,012,822$7,679,013
68$13,623,118$2,134,220$964,027$8,314,229
69$14,927,346$2,153,467$910,993$9,011,054
70$16,361,918$2,170,970$853,493$9,775,741
71$17,940,043$2,186,557$791,295$10,615,182
72$19,676,278$2,200,048$724,154$11,536,973
73$21,586,658$2,211,251$651,813$12,549,490
74$23,688,855$2,219,959$574,006$13,661,965
75$26,002,336$2,225,956$490,454$14,884,574
76$28,548,555$2,229,008$400,865$16,228,536
77$31,351,149$2,228,871$304,935$17,706,217
78$34,436,163$2,225,282$202,346$19,331,249
79$37,832,294$2,217,964$92,768$21,118,658
80$41,571,166$2,206,622$0$23,085,009
81$45,687,622$2,190,943$0$25,249,848
82$50,220,057$2,170,597$0$27,637,379
83$55,210,778$2,145,231$0$30,264,853
84$60,706,402$2,114,473$0$33,156,745
85$66,758,301$2,077,927$0$36,340,033
86$73,423,078$2,035,176$0$39,844,453
87$80,763,108$1,985,776$0$43,702,780
88$88,847,125$1,929,258$0$47,951,140
89$97,750,865$1,865,126$0$52,629,350
90$107,557,789$1,792,853$0$57,781,297
91$118,359,864$1,711,883$0$63,455,356
92$130,258,433$1,621,628$0$69,704,841
93$143,365,170$1,521,465$0$76,588,518
94$157,803,136$1,410,735$0$84,171,156
95$173,707,939$1,288,744$0$92,524,144
96$191,229,011$1,154,755$0$101,726,162
97$210,531,023$1,007,991$0$111,863,931
98$231,795,435$847,630$0$123,033,032
99$255,222,209$672,804$0$135,338,810
100$281,031,699$482,596$0$148,897,369