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%15.1%
1 years$63,999$63,429$62,873$62,330$61,800$60,502
2 years$31,683$31,093$30,521$29,966$29,428$28,128
3 years$20,912$20,319$19,749$19,200$18,671$17,407
4 years$15,528$14,937$14,372$13,832$13,316$12,099
5 years$12,298$11,711$11,153$10,624$10,123$8,956
6 years$10,145$9,563$9,014$8,496$8,010$6,894
7 years$8,609$8,031$7,490$6,985$6,514$5,450
8 years$7,456$6,884$6,352$5,860$5,404$4,391
9 years$6,561$5,994$5,471$4,991$4,551$3,589
10 years$5,845$5,283$4,770$4,303$3,878$2,965
11 years$5,259$4,703$4,199$3,745$3,335$2,471
12 years$4,772$4,221$3,727$3,284$2,890$2,073
13 years$4,359$3,815$3,330$2,900$2,520$1,749
14 years$4,006$3,468$2,992$2,574$2,209$1,483
15 years$3,701$3,168$2,701$2,296$1,945$1,261
16 years$3,434$2,906$2,449$2,055$1,719$1,076
17 years$3,198$2,677$2,229$1,847$1,524$921
18 years$2,989$2,473$2,034$1,664$1,355$790
19 years$2,802$2,292$1,862$1,504$1,208$678
20 years$2,634$2,130$1,709$1,362$1,079$584
21 years$2,482$1,984$1,572$1,236$966$503
22 years$2,344$1,852$1,449$1,124$866$434
23 years$2,219$1,732$1,338$1,024$777$375
24 years$2,104$1,623$1,237$934$698$324
25 years$1,998$1,523$1,146$853$628$280
26 years$1,901$1,431$1,063$780$566$242
27 years$1,811$1,347$987$714$510$210
28 years$1,727$1,269$917$654$460$182
29 years$1,650$1,198$854$600$416$157
30 years$1,578$1,131$795$550$376$136
31 years$1,510$1,069$741$505$340$118
32 years$1,447$1,012$692$464$307$103
33 years$1,388$958$646$427$278$89
34 years$1,332$908$603$393$252$77
35 years$1,280$861$564$362$228$67
36 years$1,231$817$528$333$207$58
37 years$1,184$776$494$307$187$51
38 years$1,140$738$463$283$170$44
39 years$1,099$702$433$261$154$38
40 years$1,060$667$406$241$140$33
41 years$1,022$635$381$222$127$29
42 years$987$605$357$205$115$25
43 years$953$577$335$189$104$22
44 years$921$550$315$175$95$19
45 years$890$524$296$161$86$16
46 years$861$500$278$149$78$14
47 years$833$477$261$138$71$12
48 years$807$455$245$127$64$11
49 years$781$435$230$118$58$9
50 years$757$415$217$109$53$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $775,000, adding $6,824 every year, while hoping to spend $49,156 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: 60/32/8 Blend
40$775,000$775,000$775,000$775,000
41$861,089$820,014$808,001$910,860
42$896,618$807,893$782,768$932,918
43$934,124$793,531$755,042$950,734
44$973,757$776,765$724,687$968,937
45$1,015,678$757,425$691,562$987,564
46$1,060,068$735,330$655,520$1,006,661
47$1,107,120$710,286$616,406$1,026,280
48$1,157,048$682,091$574,057$1,046,480
49$1,210,084$650,531$528,304$1,067,328
50$1,266,482$615,377$478,973$1,088,902
51$1,326,522$576,389$425,877$1,111,291
52$1,390,508$533,313$368,824$1,134,595
53$1,458,774$485,879$307,614$1,158,928
54$1,531,686$433,804$242,036$1,184,419
55$1,609,644$376,787$171,871$1,211,214
56$1,693,089$314,510$96,889$1,239,480
57$1,782,501$246,639$16,853$1,269,401
58$1,878,411$172,818$0$1,301,189
59$1,981,397$92,675$0$1,340,932
60$2,092,096$5,813$0$1,384,960
61$2,211,208$0$0$1,432,154
62$2,339,498$0$0$1,513,927
63$2,477,812$0$0$1,604,342
64$2,627,073$0$0$1,701,963
65$2,788,299$0$0$1,807,462
66$2,962,608$0$0$1,921,576
67$3,151,229$0$0$2,045,117
68$3,355,512$0$0$2,178,976
69$3,576,941$0$0$2,324,136
70$3,817,150$0$0$2,481,672
71$4,077,935$0$0$2,652,773
72$4,361,269$0$0$2,838,741
73$4,669,327$0$0$3,041,014
74$5,004,497$0$0$3,261,168
75$5,369,410$0$0$3,500,943
76$5,766,959$0$0$3,762,249
77$6,200,329$0$0$4,047,191
78$6,673,025$0$0$4,358,085
79$7,188,904$0$0$4,697,480
80$7,752,213$0$0$5,068,181
81$8,367,625$0$0$5,473,278
82$9,040,287$0$0$5,916,171
83$9,775,865$0$0$6,400,605
84$10,580,595$0$0$6,930,702
85$11,461,347$0$0$7,511,001
86$12,425,684$0$0$8,146,503
87$13,481,935$0$0$8,842,711
88$14,639,271$0$0$9,605,688
89$15,907,794$0$0$10,442,111
90$17,298,629$0$0$11,359,334
91$18,824,029$0$0$12,365,455
92$20,497,490$0$0$13,469,395
93$22,333,875$0$0$14,680,982
94$24,349,560$0$0$16,011,038
95$26,562,580$0$0$17,471,487
96$28,992,803$0$0$19,075,462
97$31,662,115$0$0$20,837,432
98$34,594,626$0$0$22,773,335
99$37,816,898$0$0$24,900,731
100$41,358,190$0$0$27,238,964