Can I retire at age 41 with 1,390,000?

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 $1,390,000?

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$114,785$113,762$112,765$111,791$110,841$108,781
2 years$56,824$55,766$54,740$53,746$52,781$50,714
3 years$37,507$36,444$35,421$34,435$33,487$31,476
4 years$27,850$26,790$25,777$24,809$23,883$21,944
5 years$22,057$21,004$20,004$19,056$18,155$16,294
6 years$18,196$17,151$16,166$15,239$14,366$12,585
7 years$15,440$14,403$13,434$12,529$11,683$9,982
8 years$13,374$12,346$11,393$10,510$9,692$8,071
9 years$11,767$10,750$9,813$8,952$8,162$6,620
10 years$10,483$9,475$8,555$7,717$6,955$5,490
11 years$9,433$8,435$7,532$6,716$5,981$4,592
12 years$8,558$7,571$6,684$5,891$5,183$3,868
13 years$7,819$6,842$5,972$5,201$4,520$3,277
14 years$7,186$6,219$5,366$4,617$3,962$2,788
15 years$6,637$5,681$4,845$4,117$3,489$2,382
16 years$6,158$5,213$4,392$3,687$3,083$2,041
17 years$5,736$4,801$3,997$3,312$2,734$1,754
18 years$5,361$4,436$3,649$2,985$2,431$1,511
19 years$5,025$4,111$3,340$2,697$2,167$1,303
20 years$4,724$3,820$3,065$2,443$1,935$1,127
21 years$4,452$3,559$2,820$2,217$1,732$975
22 years$4,205$3,322$2,599$2,016$1,552$845
23 years$3,979$3,107$2,399$1,836$1,393$733
24 years$3,773$2,911$2,219$1,674$1,252$636
25 years$3,584$2,732$2,055$1,529$1,127$553
26 years$3,409$2,567$1,906$1,398$1,015$481
27 years$3,248$2,416$1,770$1,280$915$418
28 years$3,098$2,277$1,646$1,173$826$364
29 years$2,959$2,148$1,531$1,075$746$317
30 years$2,829$2,028$1,426$987$674$276
31 years$2,709$1,918$1,330$906$609$241
32 years$2,595$1,814$1,241$833$551$210
33 years$2,489$1,718$1,158$766$499$183
34 years$2,390$1,628$1,082$705$452$160
35 years$2,296$1,545$1,012$649$409$139
36 years$2,208$1,466$947$597$371$121
37 years$2,124$1,392$886$551$336$106
38 years$2,046$1,323$830$507$304$92
39 years$1,971$1,258$777$468$276$81
40 years$1,900$1,197$729$432$250$70
41 years$1,833$1,140$683$398$227$61
42 years$1,770$1,085$641$367$206$54
43 years$1,709$1,034$601$339$187$47
44 years$1,652$986$565$313$170$41
45 years$1,597$940$530$289$154$36
46 years$1,544$897$498$267$140$31
47 years$1,494$856$468$247$127$27
48 years$1,447$817$440$228$115$24
49 years$1,401$780$413$211$105$21
50 years$1,357$745$388$195$95$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,390,000, adding $5,390 every year, while hoping to spend $34,020 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: 69/16/15 Blend
40$1,390,000$1,390,000$1,390,000$1,390,000
41$1,537,340$1,463,670$1,442,125$1,637,727
42$1,657,951$1,499,193$1,454,239$1,740,754
43$1,789,725$1,535,316$1,465,619$1,848,874
44$1,933,764$1,572,033$1,476,204$1,966,300
45$2,091,281$1,609,336$1,485,930$2,093,943
46$2,263,614$1,647,216$1,494,731$2,232,807
47$2,452,234$1,685,660$1,502,535$2,384,000
48$2,658,762$1,724,658$1,509,270$2,548,740
49$2,884,982$1,764,192$1,514,857$2,728,369
50$3,132,860$1,804,247$1,519,215$2,924,367
51$3,404,560$1,844,804$1,522,257$3,138,362
52$3,702,466$1,885,841$1,523,894$3,372,151
53$4,029,204$1,927,333$1,524,030$3,627,711
54$4,387,665$1,969,255$1,522,568$3,907,221
55$4,781,036$2,011,577$1,519,402$4,213,082
56$5,212,823$2,054,266$1,514,424$4,547,939
57$5,686,893$2,097,287$1,507,519$4,914,709
58$6,207,502$2,140,600$1,498,567$5,316,603
59$6,779,340$2,184,162$1,487,442$5,757,160
60$7,407,574$2,227,928$1,474,013$6,240,282
61$8,097,896$2,271,845$1,458,141$6,770,265
62$8,856,575$2,315,859$1,439,682$7,351,846
63$9,690,519$2,359,909$1,418,485$7,990,244
64$10,607,338$2,403,931$1,394,391$8,691,210
65$11,615,417$2,447,854$1,367,233$9,461,083
66$12,723,993$2,491,603$1,336,839$10,306,847
67$13,943,244$2,535,095$1,303,027$11,236,198
68$15,284,382$2,578,242$1,265,606$12,257,620
69$16,759,763$2,620,950$1,224,377$13,380,459
70$18,382,998$2,663,116$1,179,134$14,615,018
71$20,169,087$2,704,631$1,129,657$15,972,647
72$22,134,553$2,745,378$1,075,720$17,465,859
73$24,297,606$2,785,230$1,017,085$19,108,441
74$26,678,308$2,824,053$953,504$20,915,587
75$29,298,766$2,861,701$884,717$22,904,042
76$32,183,337$2,898,022$810,452$25,092,260
77$35,358,862$2,932,850$730,427$27,500,577
78$38,854,915$2,966,008$644,344$30,151,407
79$42,704,082$2,997,308$551,896$33,069,448
80$46,942,272$3,026,550$452,758$36,281,922
81$51,609,053$3,053,520$346,595$39,818,825
82$56,748,023$3,077,989$233,052$43,713,219
83$62,407,226$3,099,715$111,764$48,001,535
84$68,639,601$3,118,439$0$52,723,927
85$75,503,483$3,133,886$0$57,927,470
86$83,063,155$3,145,763$0$63,677,377
87$91,389,450$3,153,758$0$70,009,547
88$100,560,424$3,157,543$0$76,983,277
89$110,662,089$3,156,764$0$84,663,909
90$121,789,225$3,151,048$0$93,123,450
91$134,046,277$3,140,000$0$102,441,250
92$147,548,336$3,123,199$0$112,704,751
93$162,422,229$3,100,199$0$124,010,316
94$178,807,715$3,070,527$0$136,464,133
95$196,858,800$3,033,681$0$150,183,222
96$216,745,195$2,989,129$0$165,296,539
97$238,653,918$2,936,309$0$181,946,191
98$262,791,052$2,874,622$0$200,288,781
99$289,383,699$2,803,438$0$220,496,885
100$318,682,116$2,722,087$0$242,760,683