Can I retire at age 41 with 1,350,000?

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 $1,350,000?

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 years$111,482$110,489$109,520$108,574$107,651$103,749
2 years$55,189$54,161$53,165$52,199$51,262$47,374
3 years$36,427$35,395$34,401$33,445$32,523$28,770
4 years$27,048$26,019$25,035$24,095$23,196$19,608
5 years$21,422$20,399$19,428$18,507$17,633$14,219
6 years$17,673$16,657$15,701$14,800$13,952$10,715
7 years$14,996$13,989$13,048$12,168$11,347$8,285
8 years$12,989$11,991$11,065$10,208$9,413$6,524
9 years$11,429$10,440$9,531$8,695$7,927$5,207
10 years$10,181$9,203$8,309$7,495$6,755$4,199
11 years$9,161$8,193$7,315$6,523$5,809$3,412
12 years$8,312$7,353$6,492$5,721$5,034$2,790
13 years$7,594$6,645$5,800$5,051$4,390$2,293
14 years$6,979$6,040$5,211$4,484$3,848$1,892
15 years$6,446$5,518$4,705$3,999$3,388$1,566
16 years$5,981$5,063$4,266$3,580$2,994$1,299
17 years$5,571$4,662$3,882$3,217$2,655$1,080
18 years$5,206$4,308$3,544$2,899$2,361$900
19 years$4,881$3,993$3,244$2,620$2,104$751
20 years$4,588$3,710$2,977$2,373$1,880$627
21 years$4,324$3,456$2,738$2,153$1,682$524
22 years$4,084$3,226$2,524$1,958$1,508$439
23 years$3,865$3,017$2,330$1,783$1,353$367
24 years$3,665$2,827$2,155$1,626$1,216$308
25 years$3,481$2,653$1,996$1,485$1,095$258
26 years$3,311$2,493$1,851$1,358$986$216
27 years$3,154$2,347$1,719$1,243$889$182
28 years$3,009$2,211$1,598$1,139$802$152
29 years$2,874$2,086$1,487$1,044$724$128
30 years$2,748$1,970$1,385$958$654$107
31 years$2,631$1,862$1,291$880$592$90
32 years$2,521$1,762$1,205$809$535$76
33 years$2,418$1,669$1,125$744$484$64
34 years$2,321$1,582$1,051$684$439$53
35 years$2,230$1,500$983$630$397$45
36 years$2,144$1,424$919$580$360$38
37 years$2,063$1,352$861$535$326$32
38 years$1,987$1,285$806$493$296$27
39 years$1,914$1,222$755$454$268$22
40 years$1,846$1,163$708$419$243$19
41 years$1,781$1,107$664$387$221$16
42 years$1,719$1,054$622$357$200$13
43 years$1,660$1,004$584$329$182$11
44 years$1,604$957$548$304$165$9
45 years$1,551$913$515$281$150$8
46 years$1,500$871$484$259$136$7
47 years$1,451$831$454$240$123$6
48 years$1,405$793$427$222$112$5
49 years$1,361$758$401$205$102$4
50 years$1,318$724$377$189$92$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,350,000, adding $4,054 every year, while hoping to spend $55,888 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: 84/8/8 Blend
40$1,350,000$1,350,000$1,350,000$1,350,000
41$1,491,882$1,420,332$1,399,407$1,615,516
42$1,584,589$1,430,464$1,386,822$1,707,017
43$1,684,880$1,439,219$1,371,943$1,799,531
44$1,793,468$1,446,471$1,354,634$1,899,405
45$1,911,139$1,452,085$1,334,751$2,007,342
46$2,038,757$1,455,919$1,312,147$2,124,118
47$2,177,271$1,457,820$1,286,665$2,250,586
48$2,327,726$1,457,627$1,258,142$2,387,687
49$2,491,272$1,455,168$1,226,407$2,536,455
50$2,669,172$1,450,262$1,191,282$2,698,033
51$2,862,817$1,442,714$1,152,580$2,873,674
52$3,073,738$1,432,320$1,110,105$3,064,764
53$3,303,618$1,418,863$1,063,652$3,272,825
54$3,554,311$1,402,112$1,013,009$3,499,537
55$3,827,858$1,381,822$957,952$3,746,750
56$4,126,503$1,357,735$898,246$4,016,500
57$4,452,718$1,329,576$833,650$4,311,034
58$4,809,224$1,297,054$763,906$4,632,824
59$5,199,018$1,259,862$688,749$4,984,597
60$5,625,397$1,217,675$607,902$5,369,356
61$6,091,993$1,170,146$521,072$5,790,409
62$6,602,805$1,116,912$427,957$6,251,403
63$7,162,237$1,057,587$328,239$6,756,356
64$7,775,138$991,762$221,588$7,309,696
65$8,446,850$919,005$107,659$7,916,302
66$9,183,253$838,861$0$8,581,552
67$9,990,826$750,847$0$9,312,559
68$10,876,705$654,453$0$10,124,549
69$11,848,748$549,141$0$11,015,552
70$12,915,612$434,340$0$11,993,534
71$14,086,832$309,451$0$13,067,271
72$15,372,913$173,837$0$14,246,434
73$16,785,424$26,829$0$15,541,676
74$18,337,112$0$0$16,964,737
75$20,042,019$0$0$18,540,198
76$21,915,614$0$0$20,274,159
77$23,974,938$0$0$22,180,035
78$26,238,768$0$0$24,275,205
79$28,727,787$0$0$26,578,815
80$31,464,786$0$0$29,111,962
81$34,474,871$0$0$31,897,885
82$37,785,706$0$0$34,962,192
83$41,427,770$0$0$38,333,097
84$45,434,645$0$0$42,041,684
85$49,843,329$0$0$46,122,203
86$54,694,591$0$0$50,612,391
87$60,033,351$0$0$55,553,828
88$65,909,100$0$0$60,992,331
89$72,376,376$0$0$66,978,378
90$79,495,266$0$0$73,567,595
91$87,331,983$0$0$80,821,270
92$95,959,484$0$0$88,806,939
93$105,458,158$0$0$97,599,015
94$115,916,588$0$0$107,279,497
95$127,432,381$0$0$117,938,738
96$140,113,092$0$0$129,676,298
97$154,077,237$0$0$142,601,886
98$169,455,413$0$0$156,836,389
99$186,391,526$0$0$172,513,019
100$205,044,149$0$0$189,778,563