Can I retire at age 41 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$109,830$108,852$107,897$106,966$106,056$104,085
2 years$54,371$53,359$52,377$51,426$50,503$48,525
3 years$35,888$34,871$33,892$32,949$32,041$30,117
4 years$26,647$25,634$24,664$23,738$22,852$20,997
5 years$21,105$20,097$19,141$18,233$17,372$15,591
6 years$17,411$16,411$15,468$14,581$13,746$12,041
7 years$14,773$13,782$12,854$11,988$11,179$9,551
8 years$12,796$11,813$10,902$10,056$9,274$7,723
9 years$11,259$10,286$9,389$8,566$7,810$6,334
10 years$10,030$9,066$8,186$7,384$6,655$5,253
11 years$9,026$8,071$7,207$6,426$5,723$4,394
12 years$8,189$7,244$6,396$5,637$4,960$3,701
13 years$7,481$6,547$5,714$4,976$4,325$3,135
14 years$6,876$5,951$5,134$4,417$3,791$2,668
15 years$6,351$5,436$4,636$3,939$3,338$2,279
16 years$5,892$4,988$4,203$3,527$2,950$1,953
17 years$5,488$4,593$3,824$3,169$2,616$1,678
18 years$5,129$4,244$3,491$2,856$2,326$1,445
19 years$4,809$3,934$3,196$2,581$2,073$1,247
20 years$4,520$3,655$2,933$2,337$1,852$1,078
21 years$4,260$3,405$2,698$2,121$1,657$933
22 years$4,023$3,178$2,487$1,929$1,485$809
23 years$3,808$2,973$2,296$1,757$1,333$701
24 years$3,610$2,785$2,123$1,602$1,198$609
25 years$3,429$2,614$1,967$1,463$1,078$529
26 years$3,262$2,457$1,824$1,338$971$460
27 years$3,107$2,312$1,694$1,225$876$400
28 years$2,964$2,178$1,574$1,122$790$348
29 years$2,831$2,055$1,465$1,029$714$303
30 years$2,707$1,941$1,365$944$645$264
31 years$2,592$1,835$1,272$867$583$230
32 years$2,483$1,736$1,187$797$527$201
33 years$2,382$1,644$1,108$733$477$175
34 years$2,287$1,558$1,036$674$432$153
35 years$2,197$1,478$968$621$391$133
36 years$2,112$1,403$906$572$355$116
37 years$2,033$1,332$848$527$321$101
38 years$1,957$1,266$794$486$291$88
39 years$1,886$1,204$744$448$264$77
40 years$1,818$1,146$697$413$240$67
41 years$1,754$1,090$654$381$217$59
42 years$1,693$1,038$613$352$197$51
43 years$1,635$989$575$325$179$45
44 years$1,580$943$540$300$163$39
45 years$1,528$899$507$277$148$34
46 years$1,478$858$476$256$134$30
47 years$1,430$819$448$236$122$26
48 years$1,384$782$421$218$110$23
49 years$1,340$746$395$202$100$20
50 years$1,299$713$372$186$91$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,330,000, adding $6,371 every year, while hoping to spend $30,595 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: 33/48/19 Blend
40$1,330,000$1,330,000$1,330,000$1,330,000
41$1,472,232$1,401,742$1,381,127$1,511,984
42$1,589,846$1,437,874$1,394,842$1,578,129
43$1,718,433$1,474,752$1,407,991$1,646,106
44$1,859,077$1,512,379$1,420,522$1,718,727
45$2,012,976$1,550,758$1,432,383$1,796,417
46$2,181,447$1,589,893$1,443,515$1,879,645
47$2,365,941$1,629,784$1,453,860$1,968,930
48$2,568,056$1,670,433$1,463,353$2,064,839
49$2,789,552$1,711,839$1,471,930$2,167,999
50$3,032,367$1,753,999$1,479,520$2,279,101
51$3,298,634$1,796,911$1,486,049$2,398,904
52$3,590,705$1,840,570$1,491,443$2,528,247
53$3,911,169$1,884,970$1,495,618$2,668,052
54$4,262,878$1,930,103$1,498,491$2,819,336
55$4,648,974$1,975,960$1,499,972$2,983,219
56$5,072,917$2,022,530$1,499,969$3,160,936
57$5,538,518$2,069,798$1,498,382$3,353,846
58$6,049,979$2,117,750$1,495,110$3,563,450
59$6,611,924$2,166,367$1,490,044$3,791,399
60$7,229,451$2,215,629$1,483,070$4,039,514
61$7,908,173$2,265,513$1,474,071$4,309,802
62$8,654,276$2,315,993$1,462,922$4,604,476
63$9,474,575$2,367,039$1,449,493$4,925,973
64$10,376,578$2,418,620$1,433,647$5,276,981
65$11,368,556$2,470,700$1,415,241$5,660,461
66$12,459,624$2,523,239$1,394,127$6,079,680
67$13,659,821$2,576,194$1,370,146$6,538,236
68$14,980,213$2,629,518$1,343,136$7,040,097
69$16,432,988$2,683,157$1,312,924$7,589,635
70$18,031,576$2,737,056$1,279,331$8,191,671
71$19,790,778$2,791,152$1,242,169$8,851,518
72$21,726,897$2,845,378$1,201,241$9,575,035
73$23,857,900$2,899,661$1,156,342$10,368,677
74$26,203,583$2,953,922$1,107,258$11,239,561
75$28,785,760$3,008,076$1,053,762$12,195,534
76$31,628,466$3,062,029$995,621$13,245,244
77$34,758,184$3,115,683$932,589$14,398,222
78$38,204,096$3,168,930$864,409$15,664,979
79$41,998,361$3,221,654$790,813$17,057,096
80$46,176,410$3,273,731$711,521$18,587,342
81$50,777,287$3,325,028$626,241$20,269,792
82$55,844,017$3,375,401$534,667$22,119,959
83$61,424,008$3,424,697$436,480$24,154,945
84$67,569,501$3,472,751$331,346$26,393,599
85$74,338,062$3,519,388$218,918$28,856,699
86$81,793,126$3,564,418$98,832$31,567,148
87$90,004,591$3,607,642$0$34,550,190
88$99,049,487$3,648,843$0$37,839,595
89$109,012,690$3,687,793$0$41,481,859
90$119,987,736$3,724,246$0$45,490,813
91$132,077,693$3,757,942$0$49,903,810
92$145,396,138$3,788,601$0$54,762,011
93$160,068,230$3,815,928$0$60,110,781
94$176,231,888$3,839,608$0$66,000,118
95$194,039,096$3,859,304$0$72,485,121
96$213,657,332$3,874,658$0$79,626,516
97$235,271,156$3,885,292$0$87,491,226
98$259,083,944$3,890,802$0$96,153,009
99$285,319,813$3,890,758$0$105,693,150
100$314,225,734$3,884,705$0$116,201,232