Can I retire at age 41 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$61,934$61,383$60,844$60,319$59,806$58,431
2 years$30,661$30,090$29,536$29,000$28,479$27,102
3 years$20,237$19,664$19,112$18,580$18,068$16,731
4 years$15,027$14,455$13,909$13,386$12,886$11,600
5 years$11,901$11,333$10,794$10,282$9,796$8,564
6 years$9,818$9,254$8,723$8,222$7,751$6,575
7 years$8,331$7,772$7,249$6,760$6,304$5,183
8 years$7,216$6,662$6,147$5,671$5,230$4,164
9 years$6,349$5,800$5,295$4,830$4,404$3,393
10 years$5,656$5,113$4,616$4,164$3,753$2,795
11 years$5,090$4,551$4,064$3,624$3,227$2,321
12 years$4,618$4,085$3,607$3,179$2,797$1,941
13 years$4,219$3,692$3,222$2,806$2,439$1,633
14 years$3,877$3,356$2,895$2,491$2,138$1,379
15 years$3,581$3,066$2,614$2,222$1,882$1,169
16 years$3,323$2,813$2,370$1,989$1,664$994
17 years$3,095$2,590$2,157$1,787$1,475$847
18 years$2,892$2,394$1,969$1,611$1,312$724
19 years$2,712$2,218$1,802$1,455$1,169$620
20 years$2,549$2,061$1,654$1,318$1,044$531
21 years$2,402$1,920$1,521$1,196$934$456
22 years$2,269$1,792$1,402$1,088$838$392
23 years$2,147$1,676$1,295$991$752$337
24 years$2,036$1,571$1,197$903$676$290
25 years$1,934$1,474$1,109$825$608$250
26 years$1,839$1,385$1,029$754$548$215
27 years$1,752$1,304$955$691$494$186
28 years$1,672$1,228$888$633$446$160
29 years$1,597$1,159$826$580$402$138
30 years$1,527$1,094$770$532$364$119
31 years$1,461$1,035$717$489$329$103
32 years$1,400$979$669$449$297$89
33 years$1,343$927$625$413$269$77
34 years$1,289$879$584$380$244$66
35 years$1,239$833$546$350$221$57
36 years$1,191$791$511$322$200$50
37 years$1,146$751$478$297$181$43
38 years$1,104$714$448$274$164$37
39 years$1,063$679$419$252$149$32
40 years$1,025$646$393$233$135$28
41 years$989$615$369$215$123$24
42 years$955$586$346$198$111$21
43 years$922$558$324$183$101$18
44 years$891$532$305$169$92$16
45 years$861$507$286$156$83$13
46 years$833$484$269$144$76$12
47 years$806$462$252$133$69$10
48 years$780$441$237$123$62$9
49 years$756$421$223$114$57$8
50 years$732$402$210$105$51$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $750,000, adding $2,138 every year, while hoping to spend $58,784 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: 54/29/17 Blend
40$750,000$750,000$750,000$750,000
41$828,705$788,955$777,330$869,562
42$850,688$765,068$740,825$873,818
43$872,942$738,041$701,127$872,012
44$895,434$707,657$658,067$868,740
45$918,124$673,687$611,467$863,878
46$940,965$635,891$561,145$857,294
47$963,907$594,013$506,906$848,844
48$986,887$547,782$448,549$838,375
49$1,009,839$496,912$385,865$825,722
50$1,032,684$441,102$318,633$810,710
51$1,055,334$380,032$246,623$793,148
52$1,077,689$313,365$169,596$772,833
53$1,099,638$240,745$87,303$749,545
54$1,121,055$161,796$0$723,051
55$1,141,798$76,119$0$693,191
56$1,161,709$0$0$676,504
57$1,180,608$0$0$662,228
58$1,198,298$0$0$671,485
59$1,214,557$0$0$679,850
60$1,229,136$0$0$687,174
61$1,241,758$0$0$693,291
62$1,252,117$0$0$698,017
63$1,259,869$0$0$701,147
64$1,264,632$0$0$702,451
65$1,265,984$0$0$701,677
66$1,263,453$0$0$698,543
67$1,256,516$0$0$692,736
68$1,244,594$0$0$683,909
69$1,227,043$0$0$671,678
70$1,203,150$0$0$655,616
71$1,172,124$0$0$635,253
72$1,133,091$0$0$610,064
73$1,085,082$0$0$579,472
74$1,027,022$0$0$542,835
75$957,725$0$0$499,445
76$875,877$0$0$448,519
77$780,025$0$0$389,190
78$668,563$0$0$320,498
79$539,714$0$0$241,387
80$391,516$0$0$150,684
81$221,799$0$0$47,096
82$28,167$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0