Can I retire at age 41 with 1,470,000?

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 $1,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$121,391$120,310$119,255$118,225$117,220$115,947
2 years$60,095$58,975$57,891$56,839$55,819$54,538
3 years$39,665$38,541$37,459$36,417$35,414$34,164
4 years$29,452$28,332$27,261$26,237$25,257$24,048
5 years$23,326$22,212$21,155$20,152$19,200$18,035
6 years$19,244$18,138$17,097$16,116$15,193$14,073
7 years$16,329$15,232$14,207$13,250$12,356$11,282
8 years$14,143$13,057$12,049$11,115$10,250$9,223
9 years$12,444$11,368$10,378$9,467$8,632$7,650
10 years$11,086$10,021$9,048$8,161$7,355$6,418
11 years$9,976$8,921$7,965$7,103$6,326$5,433
12 years$9,051$8,007$7,069$6,230$5,482$4,632
13 years$8,269$7,236$6,316$5,500$4,780$3,973
14 years$7,599$6,577$5,675$4,882$4,190$3,424
15 years$7,020$6,008$5,124$4,354$3,689$2,963
16 years$6,513$5,513$4,645$3,899$3,261$2,573
17 years$6,066$5,077$4,227$3,503$2,891$2,241
18 years$5,669$4,691$3,859$3,157$2,571$1,957
19 years$5,315$4,348$3,532$2,852$2,291$1,712
20 years$4,996$4,040$3,242$2,583$2,047$1,501
21 years$4,708$3,763$2,982$2,345$1,831$1,318
22 years$4,447$3,513$2,748$2,132$1,642$1,159
23 years$4,208$3,286$2,538$1,942$1,474$1,020
24 years$3,990$3,078$2,347$1,771$1,325$899
25 years$3,790$2,889$2,174$1,617$1,192$793
26 years$3,605$2,715$2,016$1,479$1,074$700
27 years$3,435$2,555$1,872$1,353$968$618
28 years$3,276$2,408$1,740$1,240$873$546
29 years$3,129$2,271$1,619$1,137$789$483
30 years$2,992$2,145$1,508$1,044$713$428
31 years$2,864$2,028$1,406$958$644$378
32 years$2,745$1,919$1,312$881$583$335
33 years$2,633$1,817$1,225$810$527$297
34 years$2,527$1,722$1,145$745$478$263
35 years$2,428$1,633$1,070$686$433$233
36 years$2,335$1,550$1,001$632$392$207
37 years$2,247$1,473$937$582$355$183
38 years$2,163$1,399$877$537$322$163
39 years$2,084$1,331$822$495$292$144
40 years$2,010$1,266$771$456$265$128
41 years$1,939$1,205$723$421$240$113
42 years$1,872$1,148$678$389$218$101
43 years$1,808$1,094$636$359$198$89
44 years$1,747$1,042$597$331$180$79
45 years$1,689$994$561$306$163$70
46 years$1,633$948$526$283$148$62
47 years$1,580$905$495$261$134$55
48 years$1,530$864$465$241$122$49
49 years$1,481$825$437$223$111$44
50 years$1,435$788$411$206$101$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,470,000, adding $6,511 every year, while hoping to spend $29,127 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: 42/45/13 Blend
40$1,470,000$1,470,000$1,470,000$1,470,000
41$1,626,656$1,548,746$1,525,961$1,688,523
42$1,761,584$1,593,644$1,546,090$1,777,482
43$1,909,299$1,639,765$1,565,917$1,870,353
44$2,071,073$1,687,140$1,585,401$1,970,279
45$2,248,310$1,735,797$1,604,499$2,077,918
46$2,442,553$1,785,767$1,623,166$2,193,992
47$2,655,504$1,837,080$1,641,352$2,319,297
48$2,889,036$1,889,767$1,659,008$2,454,707
49$3,145,213$1,943,861$1,676,080$2,601,186
50$3,426,306$1,999,392$1,692,511$2,759,792
51$3,734,821$2,056,393$1,708,241$2,931,692
52$4,073,513$2,114,897$1,723,207$3,118,169
53$4,445,420$2,174,936$1,737,343$3,320,636
54$4,853,889$2,236,543$1,750,580$3,540,647
55$5,302,605$2,299,754$1,762,845$3,779,915
56$5,795,629$2,364,600$1,774,058$4,040,325
57$6,337,435$2,431,117$1,784,141$4,323,953
58$6,932,951$2,499,339$1,793,007$4,633,084
59$7,587,606$2,569,301$1,800,566$4,970,237
60$8,307,381$2,641,036$1,806,725$5,338,182
61$9,098,868$2,714,581$1,811,384$5,739,975
62$9,969,326$2,789,969$1,814,440$6,178,977
63$10,926,756$2,867,236$1,815,782$6,658,894
64$11,979,972$2,946,417$1,815,297$7,183,806
65$13,138,684$3,027,546$1,812,864$7,758,208
66$14,413,592$3,110,659$1,808,358$8,387,053
67$15,816,486$3,195,789$1,801,646$9,075,794
68$17,360,356$3,282,971$1,792,589$9,830,443
69$19,059,514$3,372,238$1,781,042$10,657,620
70$20,929,730$3,463,624$1,766,853$11,564,620
71$22,988,383$3,557,161$1,749,863$12,559,479
72$25,254,618$3,652,882$1,729,903$13,651,053
73$27,749,534$3,750,818$1,706,800$14,849,098
74$30,496,378$3,851,000$1,680,370$16,164,364
75$33,520,766$3,953,457$1,650,420$17,608,695
76$36,850,926$4,058,218$1,616,750$19,195,143
77$40,517,959$4,165,310$1,579,151$20,938,088
78$44,556,140$4,274,759$1,537,401$22,853,375
79$49,003,233$4,386,589$1,491,271$24,958,466
80$53,900,855$4,500,823$1,440,520$27,272,600
81$59,294,862$4,617,483$1,384,897$29,816,978
82$65,235,785$4,736,587$1,324,138$32,614,961
83$71,779,307$4,858,152$1,257,969$35,692,293
84$78,986,786$4,982,192$1,186,101$39,077,341
85$86,925,837$5,108,718$1,108,235$42,801,365
86$95,670,967$5,237,740$1,024,055$46,898,812
87$105,304,279$5,369,262$933,234$51,407,642
88$115,916,248$5,503,288$835,429$56,369,685
89$127,606,571$5,639,815$730,282$61,831,036
90$140,485,114$5,778,839$617,420$67,842,494
91$154,672,942$5,920,349$496,450$74,460,035
92$170,303,467$6,064,330$366,966$81,745,345
93$187,523,703$6,210,765$228,541$89,766,404
94$206,495,655$6,359,626$80,731$98,598,122
95$227,397,849$6,510,885$0$108,323,053
96$250,427,015$6,664,505$0$119,042,849
97$275,799,946$6,820,440$0$130,859,727
98$303,755,541$6,978,643$0$143,873,024
99$334,557,063$7,139,053$0$158,204,561
100$368,494,622$7,301,604$0$173,988,580