Can I retire at age 41 with 1,300,000?

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 $1,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$107,353$106,397$105,464$104,553$103,664$102,241
2 years$53,145$52,155$51,196$50,266$49,364$47,933
3 years$35,078$34,084$33,127$32,206$31,318$29,924
4 years$26,046$25,055$24,108$23,202$22,337$20,989
5 years$20,629$19,644$18,709$17,822$16,980$15,684
6 years$17,018$16,041$15,120$14,252$13,436$12,192
7 years$14,440$13,471$12,564$11,718$10,927$9,736
8 years$12,508$11,547$10,656$9,830$9,065$7,927
9 years$11,005$10,054$9,178$8,373$7,634$6,548
10 years$9,804$8,862$8,001$7,217$6,504$5,470
11 years$8,822$7,889$7,044$6,281$5,594$4,610
12 years$8,004$7,081$6,252$5,509$4,848$3,914
13 years$7,313$6,399$5,585$4,864$4,227$3,341
14 years$6,720$5,817$5,018$4,318$3,706$2,866
15 years$6,208$5,314$4,531$3,851$3,263$2,469
16 years$5,759$4,875$4,108$3,448$2,884$2,134
17 years$5,364$4,490$3,738$3,098$2,557$1,849
18 years$5,014$4,149$3,412$2,792$2,273$1,606
19 years$4,700$3,845$3,124$2,523$2,026$1,398
20 years$4,418$3,573$2,867$2,285$1,810$1,219
21 years$4,164$3,328$2,637$2,074$1,620$1,065
22 years$3,932$3,107$2,430$1,885$1,452$932
23 years$3,722$2,906$2,244$1,717$1,303$816
24 years$3,529$2,722$2,075$1,566$1,171$715
25 years$3,352$2,555$1,922$1,430$1,054$627
26 years$3,188$2,401$1,783$1,308$949$550
27 years$3,037$2,260$1,655$1,197$856$484
28 years$2,897$2,129$1,539$1,097$772$425
29 years$2,767$2,009$1,432$1,006$697$374
30 years$2,646$1,897$1,334$923$630$329
31 years$2,533$1,793$1,244$848$570$289
32 years$2,427$1,697$1,160$779$515$255
33 years$2,328$1,607$1,083$716$466$224
34 years$2,235$1,523$1,012$659$422$198
35 years$2,147$1,445$946$607$382$174
36 years$2,065$1,371$885$559$347$153
37 years$1,987$1,302$829$515$314$135
38 years$1,913$1,238$776$475$285$119
39 years$1,843$1,177$727$438$258$105
40 years$1,777$1,120$681$404$234$93
41 years$1,715$1,066$639$372$212$82
42 years$1,655$1,015$599$344$193$72
43 years$1,598$967$562$317$175$64
44 years$1,545$922$528$293$159$56
45 years$1,493$879$496$271$144$50
46 years$1,444$839$466$250$131$44
47 years$1,398$800$437$231$119$39
48 years$1,353$764$411$213$108$34
49 years$1,310$730$386$197$98$30
50 years$1,269$697$363$182$89$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,300,000, adding $2,770 every year, while hoping to spend $40,488 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: 74/12/14 Blend
40$1,300,000$1,300,000$1,300,000$1,300,000
41$1,435,457$1,366,557$1,346,407$1,537,175
42$1,538,795$1,390,440$1,348,433$1,628,697
43$1,651,316$1,414,135$1,349,170$1,723,662
44$1,773,915$1,437,592$1,348,531$1,826,619
45$1,907,575$1,460,755$1,346,427$1,938,352
46$2,053,378$1,483,563$1,342,764$2,059,721
47$2,212,518$1,505,953$1,337,442$2,191,677
48$2,386,305$1,527,855$1,330,356$2,335,265
49$2,576,184$1,549,196$1,321,399$2,491,639
50$2,783,745$1,569,896$1,310,456$2,662,068
51$3,010,738$1,589,872$1,297,407$2,847,952
52$3,259,090$1,609,032$1,282,127$3,050,833
53$3,530,924$1,627,281$1,264,485$3,272,412
54$3,828,576$1,644,516$1,244,343$3,514,561
55$4,154,619$1,660,626$1,221,557$3,779,343
56$4,511,889$1,675,495$1,195,977$4,069,035
57$4,903,504$1,688,997$1,167,446$4,386,141
58$5,332,904$1,701,001$1,135,798$4,733,426
59$5,803,874$1,711,363$1,100,861$5,113,934
60$6,320,584$1,719,935$1,062,454$5,531,020
61$6,887,627$1,726,555$1,020,389$5,988,383
62$7,510,061$1,731,053$974,469$6,490,099
63$8,193,461$1,733,248$924,488$7,040,659
64$8,943,965$1,732,948$870,229$7,645,016
65$9,768,336$1,729,949$811,468$8,308,625
66$10,674,023$1,724,033$747,969$9,037,501
67$11,669,234$1,714,971$679,486$9,838,271
68$12,763,010$1,702,518$605,763$10,718,243
69$13,965,311$1,686,416$526,530$11,685,466
70$15,287,112$1,666,390$441,509$12,748,815
71$16,740,504$1,642,149$350,405$13,918,072
72$18,338,805$1,613,385$252,914$15,204,015
73$20,096,692$1,579,770$148,716$16,618,525
74$22,030,335$1,540,959$37,478$18,174,697
75$24,157,549$1,496,585$0$19,886,962
76$26,497,962$1,446,261$0$21,783,362
77$29,073,202$1,389,575$0$23,876,054
78$31,907,098$1,326,094$0$26,178,814
79$35,025,907$1,255,358$0$28,712,993
80$38,458,560$1,176,881$0$31,502,124
81$42,236,934$1,090,149$0$34,572,136
82$46,396,154$994,619$0$37,951,604
83$50,974,922$889,715$0$41,672,017
84$56,015,885$774,832$0$45,768,076
85$61,566,034$649,328$0$50,278,020
86$67,677,148$512,524$0$55,243,989
87$74,406,285$363,705$0$60,712,421
88$81,816,315$202,116$0$66,734,490
89$89,976,516$26,957$0$73,366,591
90$98,963,229$0$0$80,670,870
91$108,860,573$0$0$88,737,287
92$119,761,244$0$0$97,625,422
93$131,767,385$0$0$107,415,009
94$144,991,554$0$0$118,197,836
95$159,557,780$0$0$130,075,046
96$175,602,739$0$0$143,158,094
97$193,277,042$0$0$157,569,798
98$212,746,652$0$0$173,445,497
99$234,194,456$0$0$190,934,330
100$257,821,987$0$0$210,200,642