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%17.8%
1 years$61,934$61,383$60,844$60,319$59,806$57,915
2 years$30,661$30,090$29,536$29,000$28,479$26,591
3 years$20,237$19,664$19,112$18,580$18,068$16,242
4 years$15,027$14,455$13,909$13,386$12,886$11,137
5 years$11,901$11,333$10,794$10,282$9,796$8,127
6 years$9,818$9,254$8,723$8,222$7,751$6,165
7 years$8,331$7,772$7,249$6,760$6,304$4,800
8 years$7,216$6,662$6,147$5,671$5,230$3,807
9 years$6,349$5,800$5,295$4,830$4,404$3,061
10 years$5,656$5,113$4,616$4,164$3,753$2,487
11 years$5,090$4,551$4,064$3,624$3,227$2,037
12 years$4,618$4,085$3,607$3,179$2,797$1,679
13 years$4,219$3,692$3,222$2,806$2,439$1,391
14 years$3,877$3,356$2,895$2,491$2,138$1,157
15 years$3,581$3,066$2,614$2,222$1,882$966
16 years$3,323$2,813$2,370$1,989$1,664$808
17 years$3,095$2,590$2,157$1,787$1,475$678
18 years$2,892$2,394$1,969$1,611$1,312$570
19 years$2,712$2,218$1,802$1,455$1,169$480
20 years$2,549$2,061$1,654$1,318$1,044$405
21 years$2,402$1,920$1,521$1,196$934$341
22 years$2,269$1,792$1,402$1,088$838$288
23 years$2,147$1,676$1,295$991$752$244
24 years$2,036$1,571$1,197$903$676$206
25 years$1,934$1,474$1,109$825$608$175
26 years$1,839$1,385$1,029$754$548$148
27 years$1,752$1,304$955$691$494$125
28 years$1,672$1,228$888$633$446$106
29 years$1,597$1,159$826$580$402$90
30 years$1,527$1,094$770$532$364$76
31 years$1,461$1,035$717$489$329$65
32 years$1,400$979$669$449$297$55
33 years$1,343$927$625$413$269$46
34 years$1,289$879$584$380$244$39
35 years$1,239$833$546$350$221$33
36 years$1,191$791$511$322$200$28
37 years$1,146$751$478$297$181$24
38 years$1,104$714$448$274$164$20
39 years$1,063$679$419$252$149$17
40 years$1,025$646$393$233$135$15
41 years$989$615$369$215$123$12
42 years$955$586$346$198$111$11
43 years$922$558$324$183$101$9
44 years$891$532$305$169$92$8
45 years$861$507$286$156$83$6
46 years$833$484$269$144$76$6
47 years$806$462$252$133$69$5
48 years$780$441$237$123$62$4
49 years$756$421$223$114$57$3
50 years$732$402$210$105$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $750,000, adding $4,142 every year, while hoping to spend $36,961 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: 59/16/25 Blend
40$750,000$750,000$750,000$750,000
41$830,772$791,022$779,397$873,967
42$876,185$790,456$766,181$903,315
43$924,991$788,624$751,283$930,985
44$977,497$785,423$734,608$960,376
45$1,034,041$780,748$716,057$991,662
46$1,094,993$774,485$695,524$1,025,039
47$1,160,759$766,512$672,902$1,060,723
48$1,231,787$756,701$648,074$1,098,953
49$1,308,568$744,918$620,923$1,139,996
50$1,391,642$731,019$591,324$1,184,145
51$1,481,601$714,850$559,145$1,231,728
52$1,579,098$696,252$524,250$1,283,107
53$1,684,851$675,053$486,498$1,338,682
54$1,799,648$651,073$445,738$1,398,898
55$1,924,358$624,121$401,815$1,464,247
56$2,059,933$593,994$354,567$1,535,273
57$2,207,425$560,479$303,824$1,612,579
58$2,367,989$523,349$249,409$1,696,834
59$2,542,896$482,364$191,135$1,788,775
60$2,733,544$437,273$128,811$1,889,220
61$2,941,473$387,807$62,234$1,999,072
62$3,168,378$333,685$0$2,119,333
63$3,416,124$274,607$0$2,253,459
64$3,686,765$210,258$0$2,418,191
65$3,982,559$140,305$0$2,598,324
66$4,305,997$64,396$0$2,795,416
67$4,659,817$0$0$3,011,186
68$5,047,037$0$0$3,250,670
69$5,470,980$0$0$3,525,339
70$5,935,302$0$0$3,826,231
71$6,444,033$0$0$4,155,965
72$7,001,610$0$0$4,517,425
73$7,612,919$0$0$4,913,786
74$8,283,341$0$0$5,348,548
75$9,018,804$0$0$5,825,562
76$9,825,837$0$0$6,349,073
77$10,711,631$0$0$6,923,755
78$11,684,109$0$0$7,554,758
79$12,751,996$0$0$8,247,753
80$13,924,905$0$0$9,008,989
81$15,213,425$0$0$9,845,351
82$16,629,222$0$0$10,764,421
83$18,185,146$0$0$11,774,554
84$19,895,357$0$0$12,884,954
85$21,775,453$0$0$14,105,760
86$23,842,617$0$0$15,448,144
87$26,115,784$0$0$16,924,416
88$28,615,811$0$0$18,548,134
89$31,365,683$0$0$20,334,240
90$34,390,719$0$0$22,299,197
91$37,718,820$0$0$24,461,142
92$41,380,725$0$0$26,840,058
93$45,410,304$0$0$29,457,967
94$49,844,876$0$0$32,339,129
95$54,725,559$0$0$35,510,278
96$60,097,662$0$0$39,000,869
97$66,011,107$0$0$42,843,360
98$72,520,904$0$0$47,073,514
99$79,687,665$0$0$51,730,738
100$87,578,179$0$0$56,858,453