Can I retire at age 41 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$123,043$121,947$120,878$119,834$118,815$116,943
2 years$60,912$59,778$58,678$57,612$56,578$54,697
3 years$40,205$39,065$37,969$36,913$35,896$34,064
4 years$29,853$28,717$27,632$26,594$25,601$23,833
5 years$23,644$22,515$21,443$20,426$19,462$17,762
6 years$19,505$18,385$17,329$16,335$15,399$13,770
7 years$16,551$15,440$14,401$13,430$12,524$10,966
8 years$14,336$13,235$12,213$11,266$10,390$8,902
9 years$12,614$11,523$10,519$9,596$8,750$7,332
10 years$11,237$10,157$9,171$8,272$7,455$6,107
11 years$10,111$9,042$8,074$7,199$6,412$5,131
12 years$9,174$8,116$7,165$6,315$5,556$4,341
13 years$8,381$7,334$6,402$5,575$4,845$3,694
14 years$7,703$6,667$5,752$4,949$4,247$3,159
15 years$7,115$6,090$5,193$4,413$3,740$2,711
16 years$6,601$5,588$4,708$3,952$3,305$2,335
17 years$6,148$5,146$4,284$3,551$2,930$2,016
18 years$5,746$4,755$3,911$3,200$2,606$1,745
19 years$5,387$4,407$3,580$2,891$2,322$1,514
20 years$5,064$4,095$3,286$2,619$2,074$1,315
21 years$4,772$3,815$3,022$2,377$1,856$1,145
22 years$4,507$3,561$2,786$2,161$1,664$997
23 years$4,266$3,330$2,572$1,968$1,494$870
24 years$4,045$3,120$2,379$1,795$1,343$759
25 years$3,841$2,928$2,203$1,639$1,208$663
26 years$3,654$2,752$2,043$1,499$1,088$580
27 years$3,481$2,590$1,897$1,372$981$508
28 years$3,321$2,441$1,764$1,257$885$444
29 years$3,172$2,302$1,641$1,153$799$389
30 years$3,033$2,174$1,529$1,058$722$341
31 years$2,903$2,055$1,425$972$653$299
32 years$2,782$1,945$1,330$893$591$262
33 years$2,668$1,842$1,242$821$535$230
34 years$2,562$1,746$1,160$755$484$202
35 years$2,461$1,656$1,085$695$438$177
36 years$2,366$1,572$1,015$640$397$155
37 years$2,277$1,493$950$590$360$136
38 years$2,193$1,418$889$544$326$120
39 years$2,113$1,349$833$502$296$105
40 years$2,037$1,283$781$463$268$92
41 years$1,965$1,222$732$427$244$81
42 years$1,897$1,163$687$394$221$71
43 years$1,832$1,108$645$364$201$62
44 years$1,770$1,057$605$336$182$55
45 years$1,711$1,008$568$310$165$48
46 years$1,655$961$534$286$150$42
47 years$1,602$917$501$265$136$37
48 years$1,551$876$471$244$124$33
49 years$1,502$836$443$226$112$29
50 years$1,455$799$416$209$102$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,490,000, adding $3,398 every year, while hoping to spend $35,980 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: 83/12/5 Blend
40$1,490,000$1,490,000$1,490,000$1,490,000
41$1,645,485$1,566,515$1,543,420$1,781,685
42$1,775,042$1,604,992$1,556,842$1,909,576
43$1,916,608$1,644,148$1,569,508$2,044,756
44$2,071,370$1,683,979$1,581,354$2,192,051
45$2,240,634$1,724,479$1,592,314$2,352,653
46$2,425,840$1,765,640$1,602,318$2,527,874
47$2,628,572$1,807,452$1,611,292$2,719,158
48$2,850,574$1,849,905$1,619,158$2,928,094
49$3,093,768$1,892,986$1,625,835$3,156,436
50$3,360,270$1,936,679$1,631,238$3,406,112
51$3,652,409$1,980,968$1,635,276$3,679,246
52$3,972,752$2,025,833$1,637,855$3,978,179
53$4,324,125$2,071,252$1,638,876$4,305,488
54$4,709,643$2,117,200$1,638,235$4,664,013
55$5,132,734$2,163,650$1,635,824$5,056,881
56$5,597,175$2,210,571$1,631,526$5,487,538
57$6,107,128$2,257,930$1,625,223$5,959,779
58$6,667,176$2,305,689$1,616,789$6,477,785
59$7,282,368$2,353,808$1,606,091$7,046,164
60$7,958,266$2,402,242$1,592,992$7,669,990
61$8,700,999$2,450,941$1,577,347$8,354,854
62$9,517,317$2,499,853$1,559,004$9,106,916
63$10,414,656$2,548,919$1,537,804$9,932,965
64$11,401,212$2,598,077$1,513,581$10,840,477
65$12,486,010$2,647,257$1,486,161$11,837,692
66$13,678,997$2,696,386$1,455,361$12,933,689
67$14,991,130$2,745,385$1,420,991$14,138,471
68$16,434,482$2,794,165$1,382,850$15,463,058
69$18,022,355$2,842,635$1,340,732$16,919,596
70$19,769,405$2,890,694$1,294,416$18,521,466
71$21,691,780$2,938,234$1,243,675$20,283,413
72$23,807,274$2,985,140$1,188,270$22,221,686
73$26,135,490$3,031,286$1,127,952$24,354,186
74$28,698,030$3,076,539$1,062,458$26,700,642
75$31,518,696$3,120,757$991,518$29,282,792
76$34,623,715$3,163,785$914,845$32,124,592
77$38,041,983$3,205,460$832,142$35,252,437
78$41,805,345$3,245,607$743,098$38,695,415
79$45,948,886$3,284,038$647,387$42,485,578
80$50,511,269$3,320,552$544,672$46,658,246
81$55,535,097$3,354,938$434,597$51,252,343
82$61,067,313$3,386,966$316,792$56,310,756
83$67,159,646$3,416,394$190,872$61,880,751
84$73,869,096$3,442,964$56,432$68,014,411
85$81,258,474$3,466,399$0$74,769,129
86$89,396,992$3,486,406$0$82,212,796
87$98,360,919$3,502,674$0$90,413,980
88$108,234,297$3,514,869$0$99,446,497
89$119,109,738$3,522,640$0$109,395,010
90$131,089,293$3,525,612$0$120,352,814
91$144,285,420$3,523,386$0$132,422,720
92$158,822,039$3,515,538$0$145,718,019
93$174,835,708$3,501,621$0$160,363,561
94$192,476,907$3,481,156$0$176,496,921
95$211,911,459$3,453,640$0$194,269,710
96$233,322,094$3,418,536$0$213,848,996
97$256,910,179$3,375,275$0$235,418,888
98$282,897,608$3,323,255$0$259,182,272
99$311,528,908$3,261,837$0$285,362,722
100$343,073,535$3,190,346$0$314,206,618