Can I retire at age 41 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$115,611$114,581$113,576$112,596$111,638$109,924
2 years$57,233$56,167$55,134$54,132$53,161$51,439
3 years$37,776$36,706$35,675$34,683$33,727$32,050
4 years$28,050$26,983$25,963$24,987$24,055$22,435
5 years$22,216$21,155$20,148$19,193$18,286$16,729
6 years$18,327$17,274$16,283$15,349$14,469$12,976
7 years$15,551$14,507$13,531$12,619$11,767$10,339
8 years$13,470$12,435$11,475$10,586$9,762$8,399
9 years$11,852$10,827$9,884$9,017$8,221$6,922
10 years$10,558$9,544$8,617$7,772$7,005$5,768
11 years$9,501$8,496$7,586$6,764$6,024$4,849
12 years$8,620$7,626$6,732$5,933$5,221$4,106
13 years$7,875$6,891$6,015$5,238$4,552$3,496
14 years$7,237$6,264$5,405$4,650$3,991$2,991
15 years$6,685$5,722$4,880$4,147$3,514$2,569
16 years$6,203$5,250$4,424$3,713$3,105$2,214
17 years$5,777$4,835$4,026$3,336$2,753$1,914
18 years$5,399$4,468$3,675$3,007$2,448$1,658
19 years$5,062$4,141$3,364$2,717$2,182$1,439
20 years$4,758$3,848$3,088$2,460$1,949$1,251
21 years$4,484$3,584$2,840$2,233$1,744$1,089
22 years$4,235$3,346$2,617$2,030$1,563$950
23 years$4,008$3,129$2,417$1,849$1,403$829
24 years$3,800$2,932$2,235$1,686$1,261$724
25 years$3,609$2,751$2,070$1,540$1,135$633
26 years$3,434$2,586$1,920$1,408$1,022$554
27 years$3,271$2,434$1,783$1,289$922$485
28 years$3,120$2,293$1,657$1,181$832$425
29 years$2,980$2,163$1,542$1,083$751$373
30 years$2,850$2,043$1,437$994$679$327
31 years$2,728$1,931$1,339$913$614$287
32 years$2,614$1,827$1,250$839$555$252
33 years$2,507$1,731$1,167$771$502$221
34 years$2,407$1,640$1,090$710$455$194
35 years$2,312$1,556$1,019$653$412$170
36 years$2,224$1,477$953$602$373$150
37 years$2,140$1,402$892$554$338$131
38 years$2,060$1,333$836$511$307$115
39 years$1,985$1,267$783$471$278$101
40 years$1,914$1,206$734$435$252$89
41 years$1,847$1,148$688$401$229$78
42 years$1,782$1,093$646$370$208$69
43 years$1,721$1,042$606$342$188$61
44 years$1,663$993$569$315$171$53
45 years$1,608$947$534$291$155$47
46 years$1,555$903$501$269$141$41
47 years$1,505$862$471$249$128$36
48 years$1,457$823$443$230$116$32
49 years$1,411$786$416$212$106$28
50 years$1,367$751$391$196$96$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,400,000, adding $4,401 every year, while hoping to spend $47,240 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: 36/39/25 Blend
40$1,400,000$1,400,000$1,400,000$1,400,000
41$1,547,340$1,473,140$1,451,440$1,591,261
42$1,654,905$1,495,060$1,449,800$1,645,997
43$1,771,859$1,516,472$1,446,522$1,700,410
44$1,899,110$1,537,300$1,441,501$1,758,221
45$2,037,655$1,557,464$1,434,627$1,819,766
46$2,188,594$1,576,878$1,425,785$1,885,416
47$2,353,136$1,595,450$1,414,855$1,955,583
48$2,532,613$1,613,085$1,401,710$2,030,721
49$2,728,490$1,629,676$1,386,217$2,111,336
50$2,942,378$1,645,112$1,368,238$2,197,987
51$3,176,054$1,659,277$1,347,628$2,291,290
52$3,431,473$1,672,042$1,324,234$2,391,932
53$3,710,784$1,683,273$1,297,897$2,500,670
54$4,016,359$1,692,828$1,268,451$2,618,341
55$4,350,805$1,700,554$1,235,722$2,745,874
56$4,716,995$1,706,289$1,199,526$2,884,296
57$5,118,092$1,709,861$1,159,674$3,034,740
58$5,557,580$1,711,087$1,115,966$3,198,464
59$6,039,295$1,709,772$1,068,193$3,376,856
60$6,567,463$1,705,711$1,016,137$3,571,451
61$7,146,737$1,698,683$959,570$3,783,948
62$7,782,242$1,688,457$898,254$4,016,223
63$8,479,625$1,674,786$831,940$4,270,351
64$9,245,105$1,657,408$760,367$4,548,625
65$10,085,531$1,636,046$683,265$4,853,579
66$11,008,449$1,610,406$600,348$5,188,013
67$12,022,172$1,580,177$511,321$5,555,022
68$13,135,857$1,545,029$415,874$5,958,023
69$14,359,591$1,504,613$313,683$6,400,793
70$15,704,489$1,458,558$204,410$6,887,501
71$17,182,793$1,406,474$87,704$7,422,754
72$18,807,992$1,347,945$0$8,011,638
73$20,594,947$1,282,534$0$8,669,599
74$22,560,030$1,209,777$0$9,418,618
75$24,721,281$1,129,184$0$10,242,228
76$27,098,573$1,040,235$0$11,148,102
77$29,713,804$942,383$0$12,144,701
78$32,591,100$835,048$0$13,241,361
79$35,757,045$717,619$0$14,448,374
80$39,240,929$589,447$0$15,777,095
81$43,075,024$449,850$0$17,240,048
82$47,294,889$298,105$0$18,851,042
83$51,939,706$133,451$0$20,625,309
84$57,052,648$0$0$22,579,647
85$62,681,286$0$0$24,751,854
86$68,878,036$0$0$27,206,605
87$75,700,657$0$0$29,909,536
88$83,212,794$0$0$32,885,894
89$91,484,574$0$0$36,163,497
90$100,593,274$0$0$39,772,997
91$110,624,046$0$0$43,748,173
92$121,670,719$0$0$48,126,243
93$133,836,689$0$0$52,948,223
94$147,235,887$0$0$58,259,308
95$161,993,861$0$0$64,109,300
96$178,248,956$0$0$70,553,078
97$196,153,620$0$0$77,651,118
98$215,875,842$0$0$85,470,060
99$237,600,740$0$0$94,083,337
100$261,532,302$0$0$103,571,871