Can I retire at age 41 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$113,959$112,944$111,954$110,987$110,043$108,399
2 years$56,415$55,365$54,346$53,359$52,401$50,748
3 years$37,237$36,181$35,166$34,188$33,246$31,635
4 years$27,649$26,597$25,592$24,630$23,711$22,156
5 years$21,898$20,853$19,860$18,918$18,025$16,530
6 years$18,065$17,028$16,050$15,129$14,262$12,829
7 years$15,329$14,300$13,338$12,439$11,599$10,227
8 years$13,277$12,258$11,311$10,434$9,623$8,313
9 years$11,683$10,672$9,742$8,888$8,104$6,855
10 years$10,407$9,407$8,494$7,661$6,905$5,716
11 years$9,365$8,375$7,478$6,668$5,938$4,808
12 years$8,497$7,517$6,636$5,848$5,146$4,074
13 years$7,763$6,793$5,929$5,163$4,487$3,471
14 years$7,134$6,175$5,327$4,583$3,934$2,972
15 years$6,590$5,641$4,810$4,088$3,463$2,554
16 years$6,114$5,175$4,361$3,660$3,061$2,203
17 years$5,695$4,766$3,968$3,288$2,714$1,905
18 years$5,322$4,404$3,622$2,964$2,413$1,651
19 years$4,989$4,082$3,316$2,678$2,151$1,435
20 years$4,690$3,793$3,043$2,425$1,921$1,248
21 years$4,420$3,533$2,799$2,201$1,719$1,088
22 years$4,174$3,298$2,580$2,001$1,541$949
23 years$3,951$3,084$2,382$1,823$1,383$829
24 years$3,746$2,890$2,203$1,662$1,243$725
25 years$3,558$2,712$2,041$1,518$1,119$634
26 years$3,384$2,549$1,893$1,388$1,008$556
27 years$3,224$2,399$1,757$1,271$909$487
28 years$3,076$2,260$1,634$1,164$820$427
29 years$2,938$2,132$1,520$1,068$740$375
30 years$2,809$2,014$1,416$980$669$329
31 years$2,689$1,904$1,320$900$605$289
32 years$2,577$1,801$1,232$827$547$253
33 years$2,471$1,706$1,150$760$495$223
34 years$2,372$1,617$1,075$700$448$196
35 years$2,279$1,533$1,005$644$406$172
36 years$2,192$1,455$940$593$368$151
37 years$2,109$1,382$880$547$333$133
38 years$2,031$1,314$824$504$302$117
39 years$1,957$1,249$772$464$274$103
40 years$1,887$1,189$723$428$249$90
41 years$1,820$1,131$678$395$226$80
42 years$1,757$1,078$636$365$205$70
43 years$1,697$1,027$597$337$186$62
44 years$1,640$979$560$311$169$54
45 years$1,585$933$526$287$153$48
46 years$1,533$890$494$265$139$42
47 years$1,484$850$464$245$126$37
48 years$1,436$811$436$226$115$32
49 years$1,391$774$410$209$104$29
50 years$1,347$740$386$193$95$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,380,000, adding $5,295 every year, while hoping to spend $43,222 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: 41/29/30 Blend
40$1,380,000$1,380,000$1,380,000$1,380,000
41$1,526,222$1,453,082$1,431,692$1,575,155
42$1,635,909$1,478,295$1,433,666$1,636,395
43$1,755,335$1,503,295$1,434,257$1,698,239
44$1,885,448$1,528,026$1,433,374$1,764,375
45$2,027,292$1,552,427$1,430,920$1,835,227
46$2,182,014$1,576,434$1,426,794$1,911,262
47$2,350,877$1,599,977$1,420,889$1,992,998
48$2,535,273$1,622,983$1,413,096$2,081,005
49$2,736,733$1,645,370$1,403,296$2,175,916
50$2,956,941$1,667,055$1,391,368$2,278,428
51$3,197,754$1,687,946$1,377,184$2,389,313
52$3,461,215$1,707,946$1,360,610$2,509,421
53$3,749,574$1,726,950$1,341,505$2,639,696
54$4,065,308$1,744,848$1,319,723$2,781,177
55$4,411,145$1,761,521$1,295,109$2,935,012
56$4,790,089$1,776,843$1,267,503$3,102,472
57$5,205,449$1,790,679$1,236,735$3,284,957
58$5,660,870$1,802,887$1,202,630$3,484,017
59$6,160,363$1,813,313$1,165,004$3,701,361
60$6,708,351$1,821,797$1,123,662$3,938,878
61$7,309,702$1,828,164$1,078,404$4,198,653
62$7,969,780$1,832,232$1,029,018$4,482,987
63$8,694,492$1,833,805$975,285$4,794,423
64$9,490,345$1,832,677$916,972$5,135,766
65$10,364,510$1,828,628$853,841$5,510,115
66$11,324,884$1,821,424$785,638$5,920,889
67$12,380,166$1,810,818$712,101$6,371,861
68$13,539,942$1,796,547$632,954$6,867,198
69$14,814,770$1,778,332$547,912$7,411,496
70$16,216,283$1,755,877$456,675$8,009,830
71$17,757,299$1,728,870$358,928$8,667,798
72$19,451,938$1,696,979$254,347$9,391,578
73$21,315,757$1,659,852$142,588$10,187,986
74$23,365,896$1,617,117$23,297$11,064,544
75$25,621,242$1,568,380$0$12,029,549
76$28,102,601$1,513,224$0$13,125,449
77$30,832,901$1,451,206$0$14,339,173
78$33,837,403$1,381,861$0$15,674,525
79$37,143,939$1,304,693$0$17,143,929
80$40,783,178$1,219,181$0$18,761,083
81$44,788,913$1,124,771$0$20,541,085
82$49,198,376$1,020,879$0$22,500,579
83$54,052,596$906,887$0$24,657,914
84$59,396,780$782,144$0$27,033,314
85$65,280,741$645,959$0$29,649,077
86$71,759,370$497,604$0$32,529,778
87$78,893,148$336,309$0$35,702,511
88$86,748,723$161,262$0$39,197,139
89$95,399,534$0$0$43,046,581
90$104,926,504$0$0$47,296,184
91$115,418,806$0$0$52,033,297
92$126,974,702$0$0$57,250,852
93$139,702,469$0$0$62,997,767
94$153,721,423$0$0$69,327,949
95$169,163,043$0$0$76,300,799
96$186,172,213$0$0$83,981,772
97$204,908,586$0$0$92,443,002
98$225,548,093$0$0$101,763,972
99$248,284,604$0$0$112,032,273
100$273,331,752$0$0$123,344,424