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%17.8%
1 years$59,870$59,337$58,816$58,308$57,813$55,984
2 years$29,639$29,087$28,552$28,033$27,530$25,704
3 years$19,563$19,008$18,475$17,961$17,466$15,701
4 years$14,526$13,973$13,445$12,940$12,457$10,765
5 years$11,504$10,955$10,434$9,939$9,470$7,856
6 years$9,491$8,946$8,432$7,948$7,493$5,959
7 years$8,053$7,513$7,007$6,535$6,094$4,640
8 years$6,975$6,440$5,943$5,482$5,055$3,680
9 years$6,138$5,607$5,118$4,669$4,257$2,959
10 years$5,468$4,942$4,462$4,025$3,627$2,404
11 years$4,920$4,400$3,929$3,503$3,120$1,969
12 years$4,464$3,949$3,486$3,073$2,704$1,623
13 years$4,078$3,569$3,115$2,713$2,358$1,345
14 years$3,748$3,244$2,799$2,408$2,067$1,119
15 years$3,462$2,963$2,527$2,147$1,820$934
16 years$3,212$2,719$2,291$1,923$1,608$782
17 years$2,992$2,504$2,085$1,728$1,426$656
18 years$2,796$2,314$1,903$1,557$1,268$551
19 years$2,621$2,144$1,742$1,407$1,130$464
20 years$2,464$1,993$1,599$1,274$1,009$391
21 years$2,322$1,856$1,471$1,156$903$330
22 years$2,193$1,733$1,355$1,051$810$279
23 years$2,076$1,620$1,252$958$727$236
24 years$1,968$1,518$1,157$873$653$199
25 years$1,869$1,425$1,072$798$588$169
26 years$1,778$1,339$994$729$530$143
27 years$1,694$1,260$923$668$477$121
28 years$1,616$1,188$858$612$431$103
29 years$1,543$1,120$799$561$389$87
30 years$1,476$1,058$744$515$351$74
31 years$1,413$1,000$694$473$318$62
32 years$1,354$946$647$434$287$53
33 years$1,298$896$604$400$260$45
34 years$1,246$849$565$368$236$38
35 years$1,198$806$528$338$213$32
36 years$1,151$765$494$312$193$27
37 years$1,108$726$462$287$175$23
38 years$1,067$690$433$265$159$20
39 years$1,028$656$405$244$144$17
40 years$991$624$380$225$131$14
41 years$956$594$356$208$119$12
42 years$923$566$334$192$108$10
43 years$891$539$314$177$98$9
44 years$861$514$294$163$89$7
45 years$833$490$276$151$80$6
46 years$805$468$260$139$73$5
47 years$779$446$244$129$66$5
48 years$754$426$229$119$60$4
49 years$731$407$215$110$55$3
50 years$708$389$203$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $725,000, adding $3,424 every year, while hoping to spend $31,456 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: 22/50/28 Blend
40$725,000$725,000$725,000$725,000
41$802,482$764,057$752,819$812,953
42$850,866$768,027$744,570$826,463
43$903,131$771,137$734,990$838,052
44$959,640$773,312$724,001$849,774
45$1,020,791$774,472$711,523$861,660
46$1,087,022$774,531$697,469$873,747
47$1,158,815$773,400$681,752$886,078
48$1,236,700$770,983$664,276$898,705
49$1,321,259$767,177$644,945$911,687
50$1,413,134$761,875$623,657$925,093
51$1,513,029$754,961$600,304$939,004
52$1,621,719$746,316$574,776$953,511
53$1,740,058$735,809$546,954$968,720
54$1,868,984$723,304$516,718$984,752
55$2,009,532$708,657$483,939$1,001,745
56$2,162,837$691,714$448,484$1,019,855
57$2,330,152$672,314$410,214$1,039,260
58$2,512,855$650,285$368,983$1,060,163
59$2,712,461$625,444$324,640$1,082,792
60$2,930,641$597,600$277,024$1,107,405
61$3,169,233$566,549$225,971$1,134,293
62$3,430,261$532,076$171,307$1,163,784
63$3,715,954$493,953$112,852$1,196,247
64$4,028,765$451,941$50,416$1,232,095
65$4,371,396$405,784$0$1,271,795
66$4,746,825$355,213$0$1,320,710
67$5,158,328$299,946$0$1,390,970
68$5,609,516$239,681$0$1,468,213
69$6,104,363$174,102$0$1,553,237
70$6,647,249$102,874$0$1,646,928
71$7,242,997$25,643$0$1,750,268
72$7,896,919$0$0$1,864,349
73$8,614,869$0$0$2,022,275
74$9,403,292$0$0$2,211,331
75$10,269,289$0$0$2,419,129
76$11,220,685$0$0$2,647,563
77$12,266,097$0$0$2,898,720
78$13,415,019$0$0$3,174,900
79$14,677,912$0$0$3,478,636
80$16,066,298$0$0$3,812,720
81$17,592,873$0$0$4,180,228
82$19,271,626$0$0$4,584,548
83$21,117,965$0$0$5,029,413
84$23,148,872$0$0$5,518,937
85$25,383,052$0$0$6,057,654
86$27,841,119$0$0$6,650,557
87$30,545,781$0$0$7,303,149
88$33,522,062$0$0$8,021,494
89$36,797,534$0$0$8,812,273
90$40,402,574$0$0$9,682,848
91$44,370,656$0$0$10,641,331
92$48,738,665$0$0$11,696,660
93$53,547,239$0$0$12,858,685
94$58,841,161$0$0$14,138,259
95$64,669,774$0$0$15,547,342
96$71,087,450$0$0$17,099,110
97$78,154,102$0$0$18,808,086
98$85,935,748$0$0$20,690,272
99$94,505,135$0$0$22,763,298
100$103,942,423$0$0$25,046,595