Can I retire at age 41 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$37,161$36,830$36,507$36,191$35,884$34,487
2 years$18,396$18,054$17,722$17,400$17,087$15,697
3 years$12,142$11,798$11,467$11,148$10,841$9,501
4 years$9,016$8,673$8,345$8,032$7,732$6,452
5 years$7,141$6,800$6,476$6,169$5,878$4,662
6 years$5,891$5,552$5,234$4,933$4,651$3,499
7 years$4,999$4,663$4,349$4,056$3,782$2,695
8 years$4,330$3,997$3,688$3,403$3,138$2,113
9 years$3,810$3,480$3,177$2,898$2,642$1,680
10 years$3,394$3,068$2,770$2,498$2,252$1,348
11 years$3,054$2,731$2,438$2,174$1,936$1,091
12 years$2,771$2,451$2,164$1,907$1,678$888
13 years$2,531$2,215$1,933$1,684$1,463$726
14 years$2,326$2,013$1,737$1,495$1,283$596
15 years$2,149$1,839$1,568$1,333$1,129$491
16 years$1,994$1,688$1,422$1,193$998$405
17 years$1,857$1,554$1,294$1,072$885$335
18 years$1,735$1,436$1,181$966$787$278
19 years$1,627$1,331$1,081$873$701$231
20 years$1,529$1,237$992$791$627$192
21 years$1,441$1,152$913$718$561$159
22 years$1,361$1,075$841$653$503$133
23 years$1,288$1,006$777$594$451$110
24 years$1,222$942$718$542$405$92
25 years$1,160$884$665$495$365$77
26 years$1,104$831$617$453$329$64
27 years$1,051$782$573$414$296$53
28 years$1,003$737$533$380$267$44
29 years$958$695$496$348$241$37
30 years$916$657$462$319$218$31
31 years$877$621$430$293$197$26
32 years$840$587$402$270$178$22
33 years$806$556$375$248$161$18
34 years$774$527$350$228$146$15
35 years$743$500$328$210$132$13
36 years$715$475$306$193$120$11
37 years$688$451$287$178$109$9
38 years$662$428$269$164$99$7
39 years$638$407$252$151$89$6
40 years$615$388$236$140$81$5
41 years$594$369$221$129$74$4
42 years$573$351$207$119$67$4
43 years$553$335$195$110$61$3
44 years$535$319$183$101$55$2
45 years$517$304$172$94$50$2
46 years$500$290$161$86$45$2
47 years$484$277$151$80$41$1
48 years$468$264$142$74$37$1
49 years$454$253$134$68$34$1
50 years$439$241$126$63$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $450,000, adding $3,572 every year, while hoping to spend $24,703 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: 61/20/19 Blend
40$450,000$450,000$450,000$450,000
41$499,585$475,735$468,760$527,399
42$524,258$472,762$458,179$543,633
43$550,621$468,815$446,416$558,282
44$578,819$463,821$433,406$573,701
45$609,011$457,702$419,078$589,969
46$641,375$450,374$403,362$607,172
47$676,103$441,750$386,182$625,407
48$713,406$431,736$367,459$644,782
49$753,516$420,234$347,113$665,415
50$796,690$407,140$325,055$687,439
51$843,206$392,344$301,198$711,002
52$893,371$375,728$275,447$736,267
53$947,525$357,168$247,705$763,418
54$1,006,038$336,535$217,868$792,655
55$1,069,318$313,689$185,831$824,203
56$1,137,814$288,485$151,482$858,312
57$1,212,018$260,768$114,703$895,256
58$1,292,472$230,374$75,374$935,343
59$1,379,773$197,131$33,368$978,912
60$1,474,576$160,857$0$1,026,340
61$1,577,602$121,358$0$1,080,367
62$1,689,644$78,431$0$1,146,501
63$1,811,575$31,861$0$1,218,514
64$1,944,355$0$0$1,297,001
65$2,089,040$0$0$1,386,712
66$2,246,793$0$0$1,492,204
67$2,418,895$0$0$1,607,322
68$2,606,753$0$0$1,733,015
69$2,811,918$0$0$1,870,323
70$3,036,097$0$0$2,020,394
71$3,281,170$0$0$2,184,490
72$3,549,204$0$0$2,364,001
73$3,842,479$0$0$2,560,458
74$4,163,503$0$0$2,775,547
75$4,515,037$0$0$3,011,123
76$4,900,124$0$0$3,269,231
77$5,322,113$0$0$3,552,121
78$5,784,693$0$0$3,862,274
79$6,291,928$0$0$4,202,418
80$6,848,293$0$0$4,575,563
81$7,458,716$0$0$4,985,020
82$8,128,627$0$0$5,434,438
83$8,864,007$0$0$5,927,836
84$9,671,442$0$0$6,469,643
85$10,558,190$0$0$7,064,734
86$11,532,245$0$0$7,718,484
87$12,602,413$0$0$8,436,809
88$13,778,394$0$0$9,226,232
89$15,070,878$0$0$10,093,935
90$16,491,638$0$0$11,047,833
91$18,053,647$0$0$12,096,644
92$19,771,197$0$0$13,249,975
93$21,660,033$0$0$14,518,409
94$23,737,504$0$0$15,913,606
95$26,022,724$0$0$17,448,415
96$28,536,751$0$0$19,136,991
97$31,302,791$0$0$20,994,929
98$34,346,408$0$0$23,039,416
99$37,695,772$0$0$25,289,384
100$41,381,922$0$0$27,765,697