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%15.1%
1 years$61,934$61,383$60,844$60,319$59,806$58,551
2 years$30,661$30,090$29,536$29,000$28,479$27,220
3 years$20,237$19,664$19,112$18,580$18,068$16,845
4 years$15,027$14,455$13,909$13,386$12,886$11,709
5 years$11,901$11,333$10,794$10,282$9,796$8,667
6 years$9,818$9,254$8,723$8,222$7,751$6,672
7 years$8,331$7,772$7,249$6,760$6,304$5,274
8 years$7,216$6,662$6,147$5,671$5,230$4,250
9 years$6,349$5,800$5,295$4,830$4,404$3,473
10 years$5,656$5,113$4,616$4,164$3,753$2,870
11 years$5,090$4,551$4,064$3,624$3,227$2,391
12 years$4,618$4,085$3,607$3,179$2,797$2,006
13 years$4,219$3,692$3,222$2,806$2,439$1,693
14 years$3,877$3,356$2,895$2,491$2,138$1,435
15 years$3,581$3,066$2,614$2,222$1,882$1,221
16 years$3,323$2,813$2,370$1,989$1,664$1,042
17 years$3,095$2,590$2,157$1,787$1,475$891
18 years$2,892$2,394$1,969$1,611$1,312$764
19 years$2,712$2,218$1,802$1,455$1,169$656
20 years$2,549$2,061$1,654$1,318$1,044$565
21 years$2,402$1,920$1,521$1,196$934$487
22 years$2,269$1,792$1,402$1,088$838$420
23 years$2,147$1,676$1,295$991$752$362
24 years$2,036$1,571$1,197$903$676$313
25 years$1,934$1,474$1,109$825$608$271
26 years$1,839$1,385$1,029$754$548$234
27 years$1,752$1,304$955$691$494$203
28 years$1,672$1,228$888$633$446$176
29 years$1,597$1,159$826$580$402$152
30 years$1,527$1,094$770$532$364$132
31 years$1,461$1,035$717$489$329$114
32 years$1,400$979$669$449$297$99
33 years$1,343$927$625$413$269$86
34 years$1,289$879$584$380$244$75
35 years$1,239$833$546$350$221$65
36 years$1,191$791$511$322$200$56
37 years$1,146$751$478$297$181$49
38 years$1,104$714$448$274$164$42
39 years$1,063$679$419$252$149$37
40 years$1,025$646$393$233$135$32
41 years$989$615$369$215$123$28
42 years$955$586$346$198$111$24
43 years$922$558$324$183$101$21
44 years$891$532$305$169$92$18
45 years$861$507$286$156$83$16
46 years$833$484$269$144$76$14
47 years$806$462$252$133$69$12
48 years$780$441$237$123$62$10
49 years$756$421$223$114$57$9
50 years$732$402$210$105$51$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $750,000, adding $4,107 every year, while hoping to spend $44,577 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: 48/39/13 Blend
40$750,000$750,000$750,000$750,000
41$830,736$790,986$779,361$867,431
42$868,042$782,315$758,040$884,494
43$907,659$771,725$734,511$898,064
44$949,775$759,075$708,653$911,804
45$994,598$744,215$680,338$925,745
46$1,042,353$726,988$649,435$939,924
47$1,093,287$707,225$615,806$954,386
48$1,147,672$684,748$579,305$969,180
49$1,205,805$659,371$539,783$984,369
50$1,268,012$630,895$497,079$1,000,020
51$1,334,648$599,108$451,031$1,016,216
52$1,406,106$563,788$401,464$1,033,048
53$1,482,816$524,701$348,200$1,050,625
54$1,565,249$481,597$291,051$1,069,068
55$1,653,922$434,213$229,819$1,088,518
56$1,749,404$382,271$164,300$1,109,133
57$1,852,319$325,478$94,279$1,131,096
58$1,963,352$263,523$19,534$1,154,611
59$2,083,256$196,078$0$1,179,913
60$2,212,860$122,797$0$1,215,618
61$2,353,071$43,314$0$1,257,106
62$2,504,892$0$0$1,302,034
63$2,669,420$0$0$1,369,165
64$2,847,864$0$0$1,462,205
65$3,041,554$0$0$1,563,267
66$3,251,951$0$0$1,673,122
67$3,480,663$0$0$1,792,621
68$3,729,460$0$0$1,922,696
69$4,000,288$0$0$2,064,377
70$4,295,289$0$0$2,218,795
71$4,616,820$0$0$2,387,195
72$4,967,474$0$0$2,570,947
73$5,350,107$0$0$2,771,560
74$5,767,860$0$0$2,990,695
75$6,224,194$0$0$3,230,178
76$6,722,917$0$0$3,492,024
77$7,268,220$0$0$3,778,448
78$7,864,721$0$0$4,091,889
79$8,517,502$0$0$4,435,035
80$9,232,159$0$0$4,810,843
81$10,014,857$0$0$5,222,572
82$10,872,382$0$0$5,673,809
83$11,812,209$0$0$6,168,507
84$12,842,570$0$0$6,711,016
85$13,972,531$0$0$7,306,132
86$15,212,079$0$0$7,959,133
87$16,572,213$0$0$8,675,834
88$18,065,048$0$0$9,462,643
89$19,703,930$0$0$10,326,615
90$21,503,560$0$0$11,275,524
91$23,480,132$0$0$12,317,933
92$25,651,486$0$0$13,463,276
93$28,037,273$0$0$14,721,944
94$30,659,145$0$0$16,105,387
95$33,540,952$0$0$17,626,217
96$36,708,974$0$0$19,298,332
97$40,192,159$0$0$21,137,042
98$44,022,403$0$0$23,159,213
99$48,234,848$0$0$25,383,431
100$52,868,210$0$0$27,830,172