Can I retire at age 41 with 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 $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%19.4%
1 years$31,380$31,101$30,828$30,562$30,302$29,157
2 years$15,535$15,245$14,965$14,693$14,429$13,289
3 years$10,254$9,963$9,683$9,414$9,155$8,055
4 years$7,614$7,324$7,047$6,782$6,529$5,479
5 years$6,030$5,742$5,469$5,209$4,963$3,965
6 years$4,975$4,689$4,420$4,166$3,927$2,981
7 years$4,221$3,938$3,673$3,425$3,194$2,300
8 years$3,656$3,375$3,115$2,873$2,650$1,807
9 years$3,217$2,939$2,683$2,447$2,231$1,439
10 years$2,866$2,590$2,339$2,110$1,901$1,157
11 years$2,579$2,306$2,059$1,836$1,635$938
12 years$2,340$2,070$1,827$1,610$1,417$765
13 years$2,138$1,871$1,633$1,422$1,236$627
14 years$1,964$1,700$1,467$1,262$1,083$516
15 years$1,815$1,553$1,324$1,126$954$426
16 years$1,684$1,425$1,201$1,008$843$352
17 years$1,568$1,312$1,093$906$747$292
18 years$1,466$1,213$997$816$665$242
19 years$1,374$1,124$913$737$592$202
20 years$1,291$1,044$838$668$529$168
21 years$1,217$973$771$606$473$140
22 years$1,149$908$710$551$424$117
23 years$1,088$849$656$502$381$97
24 years$1,031$796$607$458$342$81
25 years$980$747$562$418$308$68
26 years$932$702$521$382$278$57
27 years$888$661$484$350$250$48
28 years$847$622$450$321$226$40
29 years$809$587$419$294$204$33
30 years$774$555$390$270$184$28
31 years$740$524$364$248$167$23
32 years$710$496$339$228$151$19
33 years$681$470$317$209$136$16
34 years$653$445$296$193$123$14
35 years$628$422$277$177$112$11
36 years$604$401$259$163$101$10
37 years$581$381$242$150$92$8
38 years$559$362$227$139$83$7
39 years$539$344$213$128$75$6
40 years$520$327$199$118$68$5
41 years$501$312$187$109$62$4
42 years$484$297$175$100$56$3
43 years$467$283$164$93$51$3
44 years$451$269$154$86$46$2
45 years$436$257$145$79$42$2
46 years$422$245$136$73$38$2
47 years$409$234$128$67$35$1
48 years$395$223$120$62$32$1
49 years$383$213$113$58$29$1
50 years$371$204$106$53$26$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $380,000, adding $6,962 every year, while hoping to spend $27,038 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: 63/22/15 Blend
40$380,000$380,000$380,000$380,000
41$425,941$405,801$399,911$450,786
42$440,619$396,917$384,540$459,421
43$455,888$386,692$367,748$465,131
44$471,779$375,031$349,458$470,712
45$488,327$361,834$329,592$476,153
46$505,569$346,996$308,065$481,441
47$523,543$330,405$284,791$486,565
48$542,292$311,942$259,680$491,513
49$561,863$291,484$232,636$496,274
50$582,303$268,897$203,560$500,835
51$603,667$244,042$172,348$505,185
52$626,013$216,772$138,893$509,315
53$649,401$186,929$103,081$513,213
54$673,901$154,349$64,795$516,870
55$699,585$118,859$23,912$520,278
56$726,532$80,272$0$523,430
57$754,830$38,397$0$529,475
58$784,570$0$0$539,544
59$815,856$0$0$551,514
60$848,797$0$0$573,915
61$883,515$0$0$597,534
62$920,141$0$0$622,462
63$958,817$0$0$648,798
64$999,700$0$0$676,650
65$1,042,960$0$0$706,136
66$1,088,784$0$0$737,384
67$1,137,374$0$0$770,535
68$1,188,952$0$0$805,742
69$1,243,762$0$0$843,174
70$1,302,069$0$0$883,014
71$1,364,163$0$0$925,463
72$1,430,364$0$0$970,742
73$1,501,019$0$0$1,019,093
74$1,576,511$0$0$1,070,780
75$1,657,259$0$0$1,126,092
76$1,743,720$0$0$1,185,348
77$1,836,400$0$0$1,248,896
78$1,935,850$0$0$1,317,120
79$2,042,676$0$0$1,390,439
80$2,157,544$0$0$1,469,314
81$2,281,183$0$0$1,554,252
82$2,414,396$0$0$1,645,807
83$2,558,064$0$0$1,744,592
84$2,713,153$0$0$1,851,276
85$2,880,728$0$0$1,966,598
86$3,061,957$0$0$2,091,366
87$3,258,124$0$0$2,226,473
88$3,470,642$0$0$2,372,896
89$3,701,062$0$0$2,531,714
90$3,951,092$0$0$2,704,110
91$4,222,609$0$0$2,891,386
92$4,517,679$0$0$3,094,975
93$4,838,574$0$0$3,316,453
94$5,187,793$0$0$3,557,554
95$5,568,087$0$0$3,820,187
96$5,982,481$0$0$4,106,451
97$6,434,307$0$0$4,418,656
98$6,927,229$0$0$4,759,347
99$7,465,283$0$0$5,131,323
100$8,052,911$0$0$5,537,667