Can I retire at age 41 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$59,870$59,337$58,816$58,308$57,813$55,541
2 years$29,639$29,087$28,552$28,033$27,530$25,269
3 years$19,563$19,008$18,475$17,961$17,466$15,287
4 years$14,526$13,973$13,445$12,940$12,457$10,376
5 years$11,504$10,955$10,434$9,939$9,470$7,493
6 years$9,491$8,946$8,432$7,948$7,493$5,622
7 years$8,053$7,513$7,007$6,535$6,094$4,327
8 years$6,975$6,440$5,943$5,482$5,055$3,391
9 years$6,138$5,607$5,118$4,669$4,257$2,693
10 years$5,468$4,942$4,462$4,025$3,627$2,161
11 years$4,920$4,400$3,929$3,503$3,120$1,747
12 years$4,464$3,949$3,486$3,073$2,704$1,421
13 years$4,078$3,569$3,115$2,713$2,358$1,161
14 years$3,748$3,244$2,799$2,408$2,067$953
15 years$3,462$2,963$2,527$2,147$1,820$784
16 years$3,212$2,719$2,291$1,923$1,608$647
17 years$2,992$2,504$2,085$1,728$1,426$535
18 years$2,796$2,314$1,903$1,557$1,268$443
19 years$2,621$2,144$1,742$1,407$1,130$367
20 years$2,464$1,993$1,599$1,274$1,009$305
21 years$2,322$1,856$1,471$1,156$903$253
22 years$2,193$1,733$1,355$1,051$810$211
23 years$2,076$1,620$1,252$958$727$175
24 years$1,968$1,518$1,157$873$653$146
25 years$1,869$1,425$1,072$798$588$122
26 years$1,778$1,339$994$729$530$101
27 years$1,694$1,260$923$668$477$84
28 years$1,616$1,188$858$612$431$70
29 years$1,543$1,120$799$561$389$59
30 years$1,476$1,058$744$515$351$49
31 years$1,413$1,000$694$473$318$41
32 years$1,354$946$647$434$287$34
33 years$1,298$896$604$400$260$28
34 years$1,246$849$565$368$236$24
35 years$1,198$806$528$338$213$20
36 years$1,151$765$494$312$193$16
37 years$1,108$726$462$287$175$14
38 years$1,067$690$433$265$159$11
39 years$1,028$656$405$244$144$10
40 years$991$624$380$225$131$8
41 years$956$594$356$208$119$7
42 years$923$566$334$192$108$6
43 years$891$539$314$177$98$5
44 years$861$514$294$163$89$4
45 years$833$490$276$151$80$3
46 years$805$468$260$139$73$3
47 years$779$446$244$129$66$2
48 years$754$426$229$119$60$2
49 years$731$407$215$110$55$2
50 years$708$389$203$102$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $725,000, adding $4,432 every year, while hoping to spend $45,887 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: 60/19/21 Blend
40$725,000$725,000$725,000$725,000
41$803,522$765,097$753,859$847,039
42$836,657$753,763$730,290$865,715
43$871,635$740,336$704,393$880,665
44$908,594$724,665$676,043$895,949
45$947,687$706,589$645,106$911,607
46$989,079$685,940$611,445$927,685
47$1,032,952$662,538$574,916$944,236
48$1,079,504$636,193$535,366$961,321
49$1,128,952$606,706$492,640$979,009
50$1,181,533$573,862$446,571$997,379
51$1,237,506$537,438$396,988$1,016,521
52$1,297,155$497,196$343,710$1,036,535
53$1,360,791$452,885$286,551$1,057,536
54$1,428,755$404,239$225,314$1,079,656
55$1,501,420$350,979$159,793$1,103,039
56$1,579,195$292,807$89,777$1,127,852
57$1,662,529$229,411$15,040$1,154,281
58$1,751,914$160,459$0$1,182,534
59$1,847,890$85,602$0$1,227,348
60$1,951,050$4,472$0$1,279,024
61$2,062,045$0$0$1,334,540
62$2,181,588$0$0$1,411,708
63$2,310,466$0$0$1,495,953
64$2,449,539$0$0$1,586,909
65$2,599,755$0$0$1,685,201
66$2,762,155$0$0$1,791,517
67$2,937,882$0$0$1,906,610
68$3,128,193$0$0$2,031,313
69$3,334,472$0$0$2,166,537
70$3,558,238$0$0$2,313,288
71$3,801,163$0$0$2,472,668
72$4,065,087$0$0$2,645,893
73$4,352,030$0$0$2,834,299
74$4,664,220$0$0$3,039,356
75$5,004,104$0$0$3,262,682
76$5,374,376$0$0$3,506,056
77$5,778,001$0$0$3,771,437
78$6,218,242$0$0$4,060,982
79$6,698,691$0$0$4,377,063
80$7,223,301$0$0$4,722,294
81$7,796,423$0$0$5,099,549
82$8,422,849$0$0$5,511,995
83$9,107,852$0$0$5,963,117
84$9,857,241$0$0$6,456,755
85$10,677,409$0$0$6,997,133
86$11,575,399$0$0$7,588,907
87$12,558,964$0$0$8,237,201
88$13,636,643$0$0$8,947,658
89$14,817,840$0$0$9,726,496
90$16,112,912$0$0$10,580,559
91$17,533,267$0$0$11,517,389
92$19,091,469$0$0$12,545,290
93$20,801,356$0$0$13,673,411
94$22,678,172$0$0$14,911,827
95$24,738,708$0$0$16,271,640
96$27,001,461$0$0$17,765,076
97$29,486,806$0$0$19,405,605
98$32,217,188$0$0$21,208,065
99$35,217,336$0$0$23,188,804
100$38,514,490$0$0$25,365,830