Can I retire at age 41 with 625,000?

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 $625,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$51,612$51,152$50,704$50,266$49,838$49,524
2 years$25,550$25,075$24,613$24,166$23,733$23,416
3 years$16,864$16,387$15,927$15,484$15,057$14,747
4 years$12,522$12,046$11,590$11,155$10,739$10,438
5 years$9,918$9,444$8,995$8,568$8,163$7,873
6 years$8,182$7,712$7,269$6,852$6,459$6,180
7 years$6,942$6,476$6,041$5,633$5,253$4,985
8 years$6,013$5,551$5,123$4,726$4,358$4,101
9 years$5,291$4,834$4,412$4,025$3,670$3,423
10 years$4,714$4,261$3,847$3,470$3,127$2,891
11 years$4,241$3,793$3,387$3,020$2,689$2,464
12 years$3,848$3,404$3,006$2,649$2,331$2,115
13 years$3,516$3,076$2,685$2,338$2,032$1,827
14 years$3,231$2,796$2,413$2,076$1,782$1,586
15 years$2,984$2,555$2,178$1,851$1,569$1,383
16 years$2,769$2,344$1,975$1,658$1,386$1,210
17 years$2,579$2,159$1,797$1,489$1,229$1,062
18 years$2,410$1,995$1,641$1,342$1,093$934
19 years$2,260$1,849$1,502$1,213$974$824
20 years$2,124$1,718$1,378$1,098$870$728
21 years$2,002$1,600$1,268$997$779$645
22 years$1,891$1,494$1,168$906$698$571
23 years$1,789$1,397$1,079$825$627$507
24 years$1,697$1,309$998$753$563$451
25 years$1,611$1,228$924$688$507$401
26 years$1,533$1,154$857$629$456$357
27 years$1,460$1,086$796$575$412$318
28 years$1,393$1,024$740$527$371$284
29 years$1,330$966$689$483$335$253
30 years$1,272$912$641$444$303$226
31 years$1,218$862$598$408$274$202
32 years$1,167$816$558$375$248$180
33 years$1,119$773$521$344$224$161
34 years$1,074$732$487$317$203$144
35 years$1,032$695$455$292$184$129
36 years$993$659$426$269$167$115
37 years$955$626$398$248$151$103
38 years$920$595$373$228$137$92
39 years$886$566$350$210$124$83
40 years$854$538$328$194$113$74
41 years$824$512$307$179$102$66
42 years$796$488$288$165$93$59
43 years$768$465$270$153$84$53
44 years$743$443$254$141$76$48
45 years$718$423$238$130$69$43
46 years$694$403$224$120$63$38
47 years$672$385$210$111$57$34
48 years$650$367$198$103$52$31
49 years$630$351$186$95$47$28
50 years$610$335$175$88$43$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $625,000, adding $3,990 every year, while hoping to spend $24,932 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: 50/34/16 Blend
40$625,000$625,000$625,000$625,000
41$692,866$659,741$650,053$724,264
42$737,011$665,541$645,303$752,109
43$784,823$670,789$639,557$779,436
44$836,649$675,433$632,757$808,587
45$892,874$679,415$624,841$839,743
46$953,915$682,675$615,741$873,102
47$1,020,238$685,149$605,392$908,886
48$1,092,349$686,768$593,719$947,338
49$1,170,809$687,460$580,649$988,728
50$1,256,234$687,148$566,104$1,033,357
51$1,349,301$685,750$549,999$1,081,553
52$1,450,757$683,178$532,251$1,133,684
53$1,561,421$679,341$512,769$1,190,153
54$1,682,198$674,141$491,458$1,251,408
55$1,814,082$667,473$468,222$1,317,944
56$1,958,167$659,228$442,956$1,390,308
57$2,115,659$649,290$415,554$1,469,104
58$2,287,885$637,533$385,904$1,555,002
59$2,476,305$623,828$353,887$1,648,739
60$2,682,528$608,036$319,383$1,751,133
61$2,908,326$590,010$282,262$1,863,087
62$3,155,649$569,594$242,391$1,985,597
63$3,426,644$546,623$199,631$2,119,766
64$3,723,679$520,925$153,836$2,266,811
65$4,049,358$492,314$104,853$2,428,077
66$4,406,551$460,596$52,524$2,605,049
67$4,798,419$425,565$0$2,799,368
68$5,228,443$387,002$0$3,013,414
69$5,700,457$344,679$0$3,258,226
70$6,218,687$298,351$0$3,527,069
71$6,787,785$247,762$0$3,822,415
72$7,412,876$192,640$0$4,146,991
73$8,099,608$132,698$0$4,503,806
74$8,854,202$67,634$0$4,896,179
75$9,683,509$0$0$5,327,772
76$10,595,081$0$0$5,803,700
77$11,597,234$0$0$6,354,809
78$12,699,133$0$0$6,960,845
79$13,910,873$0$0$7,627,367
80$15,243,578$0$0$8,360,506
81$16,709,504$0$0$9,167,012
82$18,322,153$0$0$10,054,324
83$20,096,403$0$0$11,030,639
84$22,048,647$0$0$12,104,987
85$24,196,945$0$0$13,287,319
86$26,561,199$0$0$14,588,599
87$29,163,336$0$0$16,020,908
88$32,027,518$0$0$17,597,557
89$35,180,365$0$0$19,333,213
90$38,651,213$0$0$21,244,039
91$42,472,385$0$0$23,347,842
92$46,679,498$0$0$25,664,246
93$51,311,795$0$0$28,214,873
94$56,412,524$0$0$31,023,550
95$62,029,335$0$0$34,116,531
96$68,214,736$0$0$37,522,745
97$75,026,589$0$0$41,274,074
98$82,528,649$0$0$45,405,643
99$90,791,175$0$0$49,956,164
100$99,891,583$0$0$54,968,291