Can I retire at age 41 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$62,760$62,201$61,656$61,123$60,603$60,222
2 years$31,069$30,491$29,930$29,386$28,859$28,474
3 years$20,507$19,926$19,367$18,828$18,309$17,933
4 years$15,227$14,648$14,094$13,565$13,058$12,693
5 years$12,060$11,484$10,937$10,419$9,927$9,574
6 years$9,949$9,378$8,839$8,332$7,855$7,515
7 years$8,442$7,875$7,345$6,850$6,388$6,062
8 years$7,312$6,751$6,229$5,746$5,299$4,986
9 years$6,434$5,878$5,365$4,895$4,463$4,163
10 years$5,732$5,181$4,678$4,219$3,803$3,516
11 years$5,157$4,612$4,118$3,672$3,270$2,996
12 years$4,679$4,140$3,655$3,221$2,834$2,572
13 years$4,275$3,741$3,265$2,844$2,471$2,222
14 years$3,929$3,400$2,934$2,524$2,166$1,929
15 years$3,629$3,106$2,649$2,251$1,907$1,682
16 years$3,367$2,850$2,402$2,016$1,686$1,471
17 years$3,136$2,625$2,185$1,811$1,495$1,291
18 years$2,931$2,425$1,995$1,632$1,329$1,136
19 years$2,748$2,248$1,826$1,475$1,185$1,002
20 years$2,583$2,089$1,676$1,336$1,058$886
21 years$2,434$1,946$1,542$1,212$947$784
22 years$2,299$1,816$1,421$1,102$849$695
23 years$2,176$1,699$1,312$1,004$762$617
24 years$2,063$1,592$1,213$916$685$548
25 years$1,959$1,494$1,124$836$616$488
26 years$1,864$1,404$1,042$764$555$434
27 years$1,776$1,321$968$700$500$387
28 years$1,694$1,245$900$641$452$345
29 years$1,618$1,174$837$588$408$308
30 years$1,547$1,109$780$540$368$275
31 years$1,481$1,048$727$496$333$246
32 years$1,419$992$678$455$301$219
33 years$1,361$939$633$419$273$196
34 years$1,307$890$592$385$247$175
35 years$1,255$845$553$355$224$157
36 years$1,207$802$518$327$203$140
37 years$1,161$761$484$301$184$126
38 years$1,118$724$454$277$166$112
39 years$1,078$688$425$256$151$101
40 years$1,039$655$398$236$137$90
41 years$1,002$623$374$218$124$81
42 years$968$593$350$201$113$72
43 years$934$565$329$185$102$65
44 years$903$539$309$171$93$58
45 years$873$514$290$158$84$52
46 years$844$490$272$146$77$47
47 years$817$468$256$135$70$42
48 years$791$447$240$125$63$37
49 years$766$427$226$115$57$34
50 years$742$407$212$107$52$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $760,000, adding $4,258 every year, while hoping to spend $38,862 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: 44/46/10 Blend
40$760,000$760,000$760,000$760,000
41$841,912$801,632$789,852$876,366
42$886,438$799,563$774,963$898,656
43$934,204$796,090$758,273$918,508
44$985,498$791,104$739,681$939,147
45$1,040,638$784,487$719,079$960,659
46$1,099,972$776,117$696,358$983,144
47$1,163,885$765,862$671,401$1,006,710
48$1,232,795$753,584$644,088$1,031,483
49$1,307,166$739,135$614,290$1,057,603
50$1,387,504$722,359$581,876$1,085,227
51$1,474,367$703,093$546,706$1,114,532
52$1,568,369$681,160$508,637$1,145,716
53$1,670,182$656,377$467,516$1,179,000
54$1,780,549$628,548$423,186$1,214,634
55$1,900,283$597,464$375,481$1,252,895
56$2,030,280$562,909$324,228$1,294,095
57$2,171,527$524,650$269,248$1,338,581
58$2,325,107$482,442$210,352$1,386,742
59$2,492,213$436,026$147,344$1,439,010
60$2,674,157$385,129$80,018$1,495,869
61$2,872,382$329,462$8,160$1,557,858
62$3,088,479$268,720$0$1,625,577
63$3,324,196$202,579$0$1,707,005
64$3,581,458$130,699$0$1,796,980
65$3,862,383$52,720$0$1,895,483
66$4,169,305$0$0$2,003,462
67$4,504,791$0$0$2,138,034
68$4,871,668$0$0$2,314,469
69$5,273,050$0$0$2,507,588
70$5,712,364$0$0$2,719,052
71$6,193,383$0$0$2,950,690
72$6,720,265$0$0$3,204,515
73$7,297,586$0$0$3,482,745
74$7,930,387$0$0$3,787,823
75$8,624,220$0$0$4,122,439
76$9,385,200$0$0$4,489,556
77$10,220,061$0$0$4,892,437
78$11,136,221$0$0$5,334,678
79$12,141,851$0$0$5,820,239
80$13,245,952$0$0$6,353,482
81$14,458,439$0$0$6,939,212
82$15,790,234$0$0$7,582,724
83$17,253,368$0$0$8,289,849
84$18,861,097$0$0$9,067,011
85$20,628,023$0$0$9,921,290
86$22,570,232$0$0$10,860,483
87$24,705,449$0$0$11,893,180
88$27,053,198$0$0$13,028,848
89$29,634,994$0$0$14,277,915
90$32,474,538$0$0$15,651,871
91$35,597,943$0$0$17,163,374
92$39,033,982$0$0$18,826,374
93$42,814,357$0$0$20,656,239
94$46,973,995$0$0$22,669,901
95$51,551,382$0$0$24,886,019
96$56,588,923$0$0$27,325,150
97$62,133,341$0$0$30,009,947
98$68,236,119$0$0$32,965,367
99$74,953,984$0$0$36,218,915
100$82,349,440$0$0$39,800,894