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%16.7%
1 years$59,870$59,337$58,816$58,308$57,813$56,233
2 years$29,639$29,087$28,552$28,033$27,530$25,949
3 years$19,563$19,008$18,475$17,961$17,466$15,935
4 years$14,526$13,973$13,445$12,940$12,457$10,987
5 years$11,504$10,955$10,434$9,939$9,470$8,064
6 years$9,491$8,946$8,432$7,948$7,493$6,154
7 years$8,053$7,513$7,007$6,535$6,094$4,821
8 years$6,975$6,440$5,943$5,482$5,055$3,849
9 years$6,138$5,607$5,118$4,669$4,257$3,115
10 years$5,468$4,942$4,462$4,025$3,627$2,548
11 years$4,920$4,400$3,929$3,503$3,120$2,102
12 years$4,464$3,949$3,486$3,073$2,704$1,745
13 years$4,078$3,569$3,115$2,713$2,358$1,457
14 years$3,748$3,244$2,799$2,408$2,067$1,221
15 years$3,462$2,963$2,527$2,147$1,820$1,027
16 years$3,212$2,719$2,291$1,923$1,608$867
17 years$2,992$2,504$2,085$1,728$1,426$733
18 years$2,796$2,314$1,903$1,557$1,268$621
19 years$2,621$2,144$1,742$1,407$1,130$527
20 years$2,464$1,993$1,599$1,274$1,009$448
21 years$2,322$1,856$1,471$1,156$903$382
22 years$2,193$1,733$1,355$1,051$810$325
23 years$2,076$1,620$1,252$958$727$277
24 years$1,968$1,518$1,157$873$653$236
25 years$1,869$1,425$1,072$798$588$202
26 years$1,778$1,339$994$729$530$172
27 years$1,694$1,260$923$668$477$147
28 years$1,616$1,188$858$612$431$126
29 years$1,543$1,120$799$561$389$108
30 years$1,476$1,058$744$515$351$92
31 years$1,413$1,000$694$473$318$79
32 years$1,354$946$647$434$287$68
33 years$1,298$896$604$400$260$58
34 years$1,246$849$565$368$236$49
35 years$1,198$806$528$338$213$42
36 years$1,151$765$494$312$193$36
37 years$1,108$726$462$287$175$31
38 years$1,067$690$433$265$159$27
39 years$1,028$656$405$244$144$23
40 years$991$624$380$225$131$20
41 years$956$594$356$208$119$17
42 years$923$566$334$192$108$14
43 years$891$539$314$177$98$12
44 years$861$514$294$163$89$11
45 years$833$490$276$151$80$9
46 years$805$468$260$139$73$8
47 years$779$446$244$129$66$7
48 years$754$426$229$119$60$6
49 years$731$407$215$110$55$5
50 years$708$389$203$102$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $725,000, adding $6,902 every year, while hoping to spend $48,982 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: 73/9/18 Blend
40$725,000$725,000$725,000$725,000
41$806,069$767,644$756,407$861,034
42$836,172$753,143$729,630$883,929
43$867,703$736,288$700,315$902,389
44$900,758$716,915$668,324$921,344
45$935,437$694,846$633,514$940,831
46$971,851$669,893$595,737$960,894
47$1,010,122$641,859$554,836$981,583
48$1,050,378$610,535$510,647$1,002,953
49$1,092,764$575,698$463,001$1,025,066
50$1,137,433$537,115$411,719$1,047,991
51$1,184,555$494,537$356,615$1,071,807
52$1,234,313$447,702$297,494$1,096,599
53$1,286,907$396,334$234,155$1,122,467
54$1,342,557$340,140$166,384$1,149,518
55$1,401,501$278,810$93,962$1,177,876
56$1,464,001$212,018$16,656$1,207,676
57$1,530,342$139,420$0$1,239,071
58$1,600,835$60,649$0$1,284,876
59$1,675,822$0$0$1,336,872
60$1,755,676$0$0$1,394,561
61$1,840,806$0$0$1,462,484
62$1,931,660$0$0$1,534,994
63$2,028,729$0$0$1,612,485
64$2,132,550$0$0$1,695,389
65$2,243,713$0$0$1,784,180
66$2,362,864$0$0$1,879,377
67$2,490,713$0$0$1,981,551
68$2,628,037$0$0$2,091,326
69$2,775,692$0$0$2,209,389
70$2,934,615$0$0$2,336,495
71$3,105,836$0$0$2,473,470
72$3,290,486$0$0$2,621,225
73$3,489,808$0$0$2,780,757
74$3,705,166$0$0$2,953,165
75$3,938,063$0$0$3,139,655
76$4,190,146$0$0$3,341,552
77$4,463,229$0$0$3,560,316
78$4,759,307$0$0$3,797,547
79$5,080,570$0$0$4,055,010
80$5,429,430$0$0$4,334,643
81$5,808,539$0$0$4,638,578
82$6,220,814$0$0$4,969,161
83$6,669,465$0$0$5,328,973
84$7,158,024$0$0$5,720,854
85$7,690,376$0$0$6,147,929
86$8,270,799$0$0$6,613,638
87$8,903,999$0$0$7,121,765
88$9,595,157$0$0$7,676,478
89$10,349,976$0$0$8,282,363
90$11,174,734$0$0$8,944,469
91$12,076,343$0$0$9,668,354
92$13,062,412$0$0$10,460,140
93$14,141,320$0$0$11,326,565
94$15,322,293$0$0$12,275,049
95$16,615,489$0$0$13,313,764
96$18,032,097$0$0$14,451,707
97$19,584,437$0$0$15,698,789
98$21,286,076$0$0$17,065,922
99$23,151,960$0$0$18,565,128
100$25,198,547$0$0$20,209,645