Can I retire at age 41 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$113,133$112,126$111,142$110,183$109,246$107,128
2 years$56,007$54,964$53,953$52,972$52,022$49,896
3 years$36,967$35,919$34,911$33,940$33,005$30,938
4 years$27,449$26,404$25,406$24,452$23,539$21,548
5 years$21,740$20,701$19,716$18,781$17,894$15,983
6 years$17,935$16,904$15,934$15,020$14,159$12,331
7 years$15,218$14,196$13,241$12,348$11,515$9,770
8 years$13,181$12,169$11,229$10,359$9,553$7,891
9 years$11,598$10,595$9,672$8,823$8,045$6,464
10 years$10,332$9,339$8,432$7,606$6,855$5,354
11 years$9,297$8,314$7,424$6,619$5,895$4,473
12 years$8,435$7,462$6,588$5,806$5,109$3,763
13 years$7,706$6,744$5,886$5,126$4,455$3,183
14 years$7,082$6,130$5,289$4,550$3,905$2,705
15 years$6,542$5,600$4,775$4,058$3,438$2,308
16 years$6,070$5,138$4,329$3,633$3,039$1,975
17 years$5,653$4,732$3,939$3,265$2,694$1,694
18 years$5,284$4,372$3,596$2,942$2,396$1,457
19 years$4,953$4,052$3,292$2,658$2,135$1,256
20 years$4,656$3,765$3,021$2,408$1,907$1,084
21 years$4,388$3,507$2,779$2,185$1,707$936
22 years$4,144$3,274$2,561$1,987$1,530$810
23 years$3,922$3,062$2,365$1,809$1,373$702
24 years$3,719$2,869$2,187$1,650$1,234$608
25 years$3,532$2,692$2,026$1,507$1,111$528
26 years$3,360$2,530$1,879$1,378$1,001$458
27 years$3,201$2,381$1,745$1,261$902$398
28 years$3,053$2,244$1,622$1,156$814$346
29 years$2,916$2,117$1,509$1,060$735$301
30 years$2,789$1,999$1,406$973$664$261
31 years$2,670$1,890$1,311$893$600$228
32 years$2,558$1,788$1,223$821$543$198
33 years$2,453$1,693$1,142$755$492$172
34 years$2,355$1,605$1,067$695$445$150
35 years$2,263$1,522$997$639$403$131
36 years$2,176$1,445$933$589$365$114
37 years$2,094$1,372$873$543$331$99
38 years$2,016$1,304$818$500$300$86
39 years$1,943$1,240$766$461$272$75
40 years$1,873$1,180$718$425$247$66
41 years$1,807$1,123$673$392$224$57
42 years$1,744$1,070$632$362$203$50
43 years$1,685$1,019$593$334$184$43
44 years$1,628$972$556$309$167$38
45 years$1,574$926$522$285$152$33
46 years$1,522$884$491$263$138$29
47 years$1,473$843$461$243$125$25
48 years$1,426$805$433$225$114$22
49 years$1,381$769$407$208$103$19
50 years$1,338$734$383$192$94$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,370,000, adding $3,680 every year, while hoping to spend $44,537 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: 30/40/30 Blend
40$1,370,000$1,370,000$1,370,000$1,370,000
41$1,513,536$1,440,926$1,419,691$1,544,934
42$1,620,530$1,464,144$1,419,864$1,593,186
43$1,736,944$1,487,008$1,418,549$1,640,948
44$1,863,693$1,509,452$1,415,651$1,691,463
45$2,001,782$1,531,407$1,411,068$1,745,003
46$2,152,318$1,552,800$1,404,693$1,801,868
47$2,316,518$1,573,552$1,396,414$1,862,395
48$2,495,724$1,593,577$1,386,115$1,926,955
49$2,691,411$1,612,785$1,373,673$1,995,960
50$2,905,204$1,631,080$1,358,960$2,069,866
51$3,138,890$1,648,359$1,341,841$2,149,181
52$3,394,439$1,664,511$1,322,175$2,234,464
53$3,674,019$1,679,419$1,299,814$2,326,338
54$3,980,016$1,692,957$1,274,605$2,425,492
55$4,315,059$1,704,994$1,246,386$2,532,689
56$4,682,043$1,715,386$1,214,988$2,648,774
57$5,084,155$1,723,983$1,180,233$2,774,682
58$5,524,905$1,730,625$1,141,937$2,911,451
59$6,008,160$1,735,140$1,099,907$3,060,226
60$6,538,178$1,737,348$1,053,939$3,222,276
61$7,119,649$1,737,055$1,003,823$3,399,006
62$7,757,739$1,734,056$949,338$3,591,970
63$8,458,139$1,728,136$890,251$3,802,885
64$9,227,117$1,719,062$826,322$4,033,653
65$10,071,577$1,706,590$757,298$4,286,376
66$10,999,126$1,690,462$682,916$4,563,377
67$12,018,143$1,670,400$602,899$4,867,226
68$13,137,859$1,646,114$516,961$5,200,764
69$14,368,442$1,617,296$424,801$5,567,130
70$15,721,096$1,583,616$326,105$5,969,792
71$17,208,163$1,544,729$220,545$6,412,585
72$18,843,243$1,500,267$107,780$6,899,745
73$20,641,315$1,449,842$0$7,435,949
74$22,618,887$1,393,042$0$8,030,389
75$24,794,144$1,329,432$0$8,721,832
76$27,187,123$1,258,550$0$9,482,172
77$29,819,902$1,179,911$0$10,318,501
78$32,716,804$1,092,999$0$11,238,645
79$35,904,631$997,270$0$12,251,234
80$39,412,914$892,147$0$13,365,788
81$43,274,192$777,022$0$14,592,808
82$47,524,316$651,253$0$15,943,876
83$52,202,792$514,160$0$17,431,767
84$57,353,149$365,025$0$19,070,568
85$63,023,350$203,092$0$20,875,818
86$69,266,248$27,560$0$22,864,652
87$76,140,079$0$0$25,055,967
88$83,709,014$0$0$27,542,092
89$92,043,764$0$0$30,293,399
90$101,222,246$0$0$33,323,512
91$111,330,318$0$0$36,660,813
92$122,462,591$0$0$40,336,576
93$134,723,318$0$0$44,385,261
94$148,227,380$0$0$48,844,844
95$163,101,368$0$0$53,757,172
96$179,484,779$0$0$59,168,357
97$197,531,330$0$0$65,129,214
98$217,410,412$0$0$71,695,737
99$239,308,683$0$0$78,929,631
100$263,431,833$0$0$86,898,891