Can I retire at age 41 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$63,999$63,429$62,873$62,330$61,800$61,180
2 years$31,683$31,093$30,521$29,966$29,428$28,804
3 years$20,912$20,319$19,749$19,200$18,671$18,061
4 years$15,528$14,937$14,372$13,832$13,316$12,726
5 years$12,298$11,711$11,153$10,624$10,123$9,554
6 years$10,145$9,563$9,014$8,496$8,010$7,463
7 years$8,609$8,031$7,490$6,985$6,514$5,990
8 years$7,456$6,884$6,352$5,860$5,404$4,902
9 years$6,561$5,994$5,471$4,991$4,551$4,071
10 years$5,845$5,283$4,770$4,303$3,878$3,419
11 years$5,259$4,703$4,199$3,745$3,335$2,898
12 years$4,772$4,221$3,727$3,284$2,890$2,474
13 years$4,359$3,815$3,330$2,900$2,520$2,125
14 years$4,006$3,468$2,992$2,574$2,209$1,834
15 years$3,701$3,168$2,701$2,296$1,945$1,589
16 years$3,434$2,906$2,449$2,055$1,719$1,382
17 years$3,198$2,677$2,229$1,847$1,524$1,205
18 years$2,989$2,473$2,034$1,664$1,355$1,054
19 years$2,802$2,292$1,862$1,504$1,208$923
20 years$2,634$2,130$1,709$1,362$1,079$811
21 years$2,482$1,984$1,572$1,236$966$713
22 years$2,344$1,852$1,449$1,124$866$628
23 years$2,219$1,732$1,338$1,024$777$553
24 years$2,104$1,623$1,237$934$698$488
25 years$1,998$1,523$1,146$853$628$431
26 years$1,901$1,431$1,063$780$566$381
27 years$1,811$1,347$987$714$510$337
28 years$1,727$1,269$917$654$460$299
29 years$1,650$1,198$854$600$416$265
30 years$1,578$1,131$795$550$376$235
31 years$1,510$1,069$741$505$340$208
32 years$1,447$1,012$692$464$307$184
33 years$1,388$958$646$427$278$164
34 years$1,332$908$603$393$252$145
35 years$1,280$861$564$362$228$129
36 years$1,231$817$528$333$207$115
37 years$1,184$776$494$307$187$102
38 years$1,140$738$463$283$170$90
39 years$1,099$702$433$261$154$80
40 years$1,060$667$406$241$140$71
41 years$1,022$635$381$222$127$63
42 years$987$605$357$205$115$56
43 years$953$577$335$189$104$50
44 years$921$550$315$175$95$45
45 years$890$524$296$161$86$40
46 years$861$500$278$149$78$35
47 years$833$477$261$138$71$31
48 years$807$455$245$127$64$28
49 years$781$435$230$118$58$25
50 years$757$415$217$109$53$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $775,000, adding $2,028 every year, while hoping to spend $49,393 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: 60/26/14 Blend
40$775,000$775,000$775,000$775,000
41$856,142$815,067$803,054$904,412
42$890,915$802,451$777,403$924,548
43$927,579$787,562$749,237$940,784
44$966,275$770,236$718,419$957,320
45$1,007,157$750,299$684,808$974,189
46$1,050,392$727,569$648,254$991,430
47$1,096,162$701,851$608,602$1,009,089
48$1,144,669$672,939$565,688$1,027,219
49$1,196,129$640,617$519,342$1,045,880
50$1,250,781$604,654$469,387$1,065,141
51$1,308,886$564,807$415,636$1,085,082
52$1,370,729$520,820$357,897$1,105,793
53$1,436,622$472,419$295,966$1,127,378
54$1,506,909$419,319$229,632$1,149,954
55$1,581,963$361,214$158,673$1,173,654
56$1,662,194$297,786$82,860$1,198,629
57$1,748,054$228,693$1,952$1,225,050
58$1,840,036$153,579$0$1,253,108
59$1,938,680$72,065$0$1,295,629
60$2,044,582$0$0$1,341,379
61$2,158,392$0$0$1,395,032
62$2,280,827$0$0$1,474,975
63$2,412,672$0$0$1,561,108
64$2,554,790$0$0$1,654,001
65$2,708,129$0$0$1,754,279
66$2,873,730$0$0$1,862,630
67$3,052,738$0$0$1,979,809
68$3,246,410$0$0$2,106,647
69$3,456,128$0$0$2,244,056
70$3,683,413$0$0$2,393,042
71$3,929,937$0$0$2,554,706
72$4,197,536$0$0$2,730,264
73$4,488,233$0$0$2,921,051
74$4,804,251$0$0$3,128,535
75$5,148,038$0$0$3,354,334
76$5,522,283$0$0$3,600,224
77$5,929,950$0$0$3,868,163
78$6,374,297$0$0$4,160,305
79$6,858,911$0$0$4,479,019
80$7,387,741$0$0$4,826,914
81$7,965,132$0$0$5,206,863
82$8,595,868$0$0$5,622,025
83$9,285,215$0$0$6,075,882
84$10,038,971$0$0$6,572,266
85$10,863,521$0$0$7,115,395
86$11,765,892$0$0$7,709,914
87$12,753,826$0$0$8,360,941
88$13,835,845$0$0$9,074,107
89$15,021,336$0$0$9,855,618
90$16,320,635$0$0$10,712,305
91$17,745,127$0$0$11,651,694
92$19,307,350$0$0$12,682,072
93$21,021,115$0$0$13,812,569
94$22,901,633$0$0$15,053,240
95$24,965,660$0$0$16,415,161
96$27,231,651$0$0$17,910,532
97$29,719,937$0$0$19,552,794
98$32,452,915$0$0$21,356,750
99$35,455,254$0$0$23,338,712
100$38,754,135$0$0$25,516,646