Can I retire at age 41 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$47,483$47,060$46,647$46,245$45,851$44,473
2 years$23,506$23,069$22,644$22,233$21,834$20,457
3 years$15,515$15,076$14,652$14,245$13,852$12,519
4 years$11,520$11,082$10,663$10,263$9,880$8,601
5 years$9,124$8,689$8,275$7,883$7,510$6,290
6 years$7,527$7,095$6,687$6,304$5,943$4,782
7 years$6,387$5,958$5,557$5,183$4,833$3,731
8 years$5,532$5,107$4,713$4,348$4,009$2,966
9 years$4,868$4,447$4,059$3,703$3,377$2,391
10 years$4,336$3,920$3,539$3,192$2,877$1,947
11 years$3,902$3,489$3,116$2,778$2,474$1,599
12 years$3,540$3,132$2,765$2,437$2,144$1,322
13 years$3,234$2,830$2,470$2,151$1,870$1,098
14 years$2,973$2,573$2,220$1,910$1,639$916
15 years$2,746$2,350$2,004$1,703$1,443$767
16 years$2,547$2,156$1,817$1,525$1,275$644
17 years$2,373$1,986$1,653$1,370$1,131$542
18 years$2,218$1,835$1,509$1,235$1,006$457
19 years$2,079$1,701$1,382$1,116$896$386
20 years$1,954$1,580$1,268$1,011$801$326
21 years$1,842$1,472$1,166$917$716$276
22 years$1,739$1,374$1,075$834$642$234
23 years$1,646$1,285$993$759$576$198
24 years$1,561$1,204$918$693$518$168
25 years$1,482$1,130$850$633$466$143
26 years$1,410$1,062$789$578$420$121
27 years$1,343$999$732$529$379$103
28 years$1,282$942$681$485$342$88
29 years$1,224$888$633$445$308$75
30 years$1,170$839$590$408$279$63
31 years$1,120$793$550$375$252$54
32 years$1,074$751$513$345$228$46
33 years$1,030$711$479$317$206$39
34 years$989$674$448$292$187$33
35 years$950$639$419$268$169$28
36 years$913$606$392$247$153$24
37 years$879$576$367$228$139$21
38 years$846$547$343$210$126$17
39 years$815$521$322$194$114$15
40 years$786$495$301$179$104$13
41 years$758$471$283$165$94$11
42 years$732$449$265$152$85$9
43 years$707$428$249$140$77$8
44 years$683$408$234$130$70$7
45 years$660$389$219$120$64$6
46 years$639$371$206$111$58$5
47 years$618$354$193$102$53$4
48 years$598$338$182$94$48$4
49 years$579$323$171$87$43$3
50 years$561$308$161$81$39$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $575,000, adding $4,838 every year, while hoping to spend $23,338 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: 32/41/27 Blend
40$575,000$575,000$575,000$575,000
41$638,640$608,165$599,253$653,686
42$678,950$613,134$594,496$670,553
43$722,590$617,564$588,798$686,306
44$769,873$621,404$582,103$702,813
45$821,148$624,600$574,350$720,157
46$876,793$627,094$565,480$738,430
47$937,230$628,825$555,427$757,737
48$1,002,917$629,728$544,124$778,191
49$1,074,362$629,732$531,499$799,923
50$1,152,123$628,765$517,481$823,077
51$1,236,813$626,748$501,990$847,813
52$1,329,108$623,598$484,946$874,313
53$1,429,749$619,227$466,264$902,777
54$1,539,556$613,542$445,857$933,427
55$1,659,429$606,443$423,631$966,514
56$1,790,358$597,826$399,489$1,002,314
57$1,933,434$587,579$373,332$1,041,137
58$2,089,858$575,585$345,053$1,083,326
59$2,260,953$561,718$314,541$1,129,262
60$2,448,175$545,846$281,683$1,179,370
61$2,653,126$527,830$246,356$1,234,122
62$2,877,572$507,520$208,436$1,294,042
63$3,123,457$484,762$167,792$1,359,710
64$3,392,922$459,387$124,285$1,431,774
65$3,688,324$431,222$77,773$1,510,948
66$4,012,262$400,081$28,108$1,598,027
67$4,367,595$365,767$0$1,693,893
68$4,757,473$328,073$0$1,806,693
69$5,185,368$286,780$0$1,939,445
70$5,655,100$241,657$0$2,085,292
71$6,170,881$192,459$0$2,245,612
72$6,737,348$138,928$0$2,421,930
73$7,359,612$80,790$0$2,615,930
74$8,043,302$17,757$0$2,829,472
75$8,794,617$0$0$3,064,612
76$9,620,390$0$0$3,346,392
77$10,528,146$0$0$3,665,049
78$11,526,178$0$0$4,015,496
79$12,623,620$0$0$4,400,951
80$13,830,537$0$0$4,824,963
81$15,158,017$0$0$5,291,441
82$16,618,279$0$0$5,804,690
83$18,224,783$0$0$6,369,457
84$19,992,360$0$0$6,990,969
85$21,937,353$0$0$7,674,989
86$24,077,767$0$0$8,427,863
87$26,433,442$0$0$9,256,586
88$29,026,237$0$0$10,168,865
89$31,880,240$0$0$11,173,192
90$35,021,991$0$0$12,278,923
91$38,480,734$0$0$13,496,371
92$42,288,694$0$0$14,836,895
93$46,481,378$0$0$16,313,016
94$51,097,912$0$0$17,938,528
95$56,181,408$0$0$19,728,632
96$61,779,374$0$0$21,700,079
97$67,944,157$0$0$23,871,325
98$74,733,442$0$0$26,262,710
99$82,210,791$0$0$28,896,647
100$90,446,248$0$0$31,797,833