Can I retire at age 41 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$108,179$107,215$106,275$105,357$104,461$100,436
2 years$53,554$52,556$51,590$50,653$49,743$45,736
3 years$35,348$34,346$33,382$32,454$31,559$27,696
4 years$26,247$25,248$24,294$23,381$22,508$18,818
5 years$20,787$19,795$18,853$17,959$17,110$13,603
6 years$17,149$16,164$15,236$14,362$13,539$10,217
7 years$14,551$13,574$12,661$11,808$11,011$7,873
8 years$12,604$11,636$10,738$9,905$9,135$6,178
9 years$11,090$10,131$9,248$8,437$7,693$4,913
10 years$9,880$8,930$8,063$7,273$6,554$3,946
11 years$8,890$7,950$7,098$6,329$5,637$3,195
12 years$8,066$7,135$6,300$5,552$4,885$2,602
13 years$7,369$6,448$5,628$4,901$4,260$2,129
14 years$6,772$5,861$5,057$4,351$3,734$1,749
15 years$6,255$5,354$4,566$3,880$3,288$1,442
16 years$5,804$4,913$4,140$3,474$2,906$1,191
17 years$5,406$4,524$3,767$3,122$2,576$986
18 years$5,052$4,181$3,439$2,813$2,291$818
19 years$4,736$3,875$3,148$2,542$2,042$679
20 years$4,452$3,600$2,889$2,302$1,824$565
21 years$4,196$3,354$2,657$2,089$1,632$470
22 years$3,963$3,131$2,449$1,900$1,463$391
23 years$3,750$2,928$2,261$1,730$1,313$326
24 years$3,556$2,743$2,091$1,578$1,180$272
25 years$3,377$2,574$1,937$1,441$1,062$227
26 years$3,213$2,420$1,797$1,318$957$189
27 years$3,061$2,277$1,668$1,206$863$158
28 years$2,920$2,146$1,551$1,105$778$132
29 years$2,789$2,024$1,443$1,013$703$110
30 years$2,667$1,912$1,344$930$635$92
31 years$2,553$1,807$1,253$854$574$77
32 years$2,446$1,710$1,169$785$519$64
33 years$2,346$1,619$1,092$722$470$54
34 years$2,252$1,535$1,020$664$426$45
35 years$2,164$1,456$954$611$385$38
36 years$2,081$1,382$892$563$349$31
37 years$2,002$1,312$835$519$317$26
38 years$1,928$1,247$782$478$287$22
39 years$1,858$1,186$733$441$260$18
40 years$1,791$1,128$687$407$236$15
41 years$1,728$1,074$644$375$214$13
42 years$1,668$1,023$604$346$194$11
43 years$1,611$975$567$320$176$9
44 years$1,556$929$532$295$160$7
45 years$1,505$886$500$273$145$6
46 years$1,455$845$469$252$132$5
47 years$1,408$806$441$233$120$4
48 years$1,363$770$414$215$109$4
49 years$1,320$735$389$199$99$3
50 years$1,279$702$366$184$90$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,310,000, adding $6,262 every year, while hoping to spend $40,723 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: 81/6/13 Blend
40$1,310,000$1,310,000$1,310,000$1,310,000
41$1,450,079$1,380,649$1,360,344$1,563,456
42$1,554,658$1,404,972$1,362,587$1,663,114
43$1,668,540$1,429,122$1,363,540$1,766,538
44$1,792,629$1,453,047$1,363,117$1,878,878
45$1,927,923$1,476,693$1,361,227$2,001,009
46$2,075,520$1,499,999$1,357,776$2,133,895
47$2,236,626$1,522,902$1,352,665$2,278,595
48$2,412,571$1,545,333$1,345,788$2,436,278
49$2,604,818$1,567,220$1,337,038$2,608,232
50$2,814,979$1,588,483$1,326,298$2,795,874
51$3,044,827$1,609,039$1,313,449$3,000,765
52$3,296,316$1,628,798$1,298,365$3,224,628
53$3,571,595$1,647,663$1,280,915$3,469,358
54$3,873,032$1,665,534$1,260,961$3,737,044
55$4,203,236$1,682,300$1,238,358$4,029,987
56$4,565,078$1,697,845$1,212,955$4,350,724
57$4,961,722$1,712,044$1,184,594$4,702,048
58$5,396,649$1,724,766$1,153,110$5,087,039
59$5,873,697$1,735,870$1,118,329$5,509,089
60$6,397,092$1,745,205$1,080,071$5,971,937
61$6,971,488$1,752,612$1,038,146$6,479,702
62$7,602,011$1,757,922$992,355$7,036,923
63$8,294,311$1,760,955$942,493$7,648,603
64$9,054,606$1,761,518$888,343$8,320,254
65$9,889,752$1,759,408$829,678$9,057,950
66$10,807,298$1,754,409$766,263$9,868,385
67$11,815,559$1,746,293$697,851$10,758,935
68$12,923,700$1,734,815$624,182$11,737,731
69$14,141,815$1,719,718$544,989$12,813,728
70$15,481,023$1,700,728$459,990$13,996,801
71$16,953,579$1,677,555$368,891$15,297,828
72$18,572,980$1,649,891$271,385$16,728,798
73$20,354,099$1,617,411$167,152$18,302,923
74$22,313,323$1,579,769$55,857$20,034,764
75$24,468,705$1,536,602$0$21,940,367
76$26,840,138$1,487,520$0$24,046,142
77$29,449,540$1,432,116$0$26,371,685
78$32,321,059$1,369,956$0$28,930,768
79$35,481,305$1,300,582$0$31,747,115
80$38,959,596$1,223,508$0$34,846,865
81$42,788,238$1,138,223$0$38,258,822
82$47,002,826$1,044,183$0$42,014,726
83$51,642,583$940,817$0$46,149,550
84$56,750,727$827,518$0$50,701,834
85$62,374,881$703,646$0$55,714,047
86$68,567,519$568,525$0$61,232,985
87$75,386,464$421,441$0$67,310,217
88$82,895,431$261,639$0$74,002,568
89$91,164,628$88,323$0$81,372,658
90$100,271,420$0$0$89,489,490
91$110,301,057$0$0$98,435,663
92$121,347,478$0$0$108,295,250
93$133,514,200$0$0$119,154,818
94$146,915,289$0$0$131,116,185
95$161,676,442$0$0$144,291,550
96$177,936,170$0$0$158,804,551
97$195,847,106$0$0$174,791,428
98$215,577,443$0$0$192,402,314
99$237,312,523$0$0$211,802,649
100$261,256,586$0$0$233,174,740