Can I retire at age 41 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$64,412$63,838$63,278$62,732$62,198$61,042
2 years$31,887$31,293$30,718$30,160$29,618$28,458
3 years$21,047$20,450$19,876$19,323$18,791$17,663
4 years$15,628$15,033$14,465$13,921$13,402$12,314
5 years$12,377$11,786$11,225$10,693$10,188$9,144
6 years$10,211$9,624$9,072$8,551$8,061$7,062
7 years$8,664$8,082$7,539$7,031$6,556$5,602
8 years$7,505$6,928$6,393$5,898$5,439$4,529
9 years$6,603$6,032$5,507$5,024$4,580$3,715
10 years$5,882$5,317$4,801$4,330$3,903$3,081
11 years$5,293$4,734$4,227$3,769$3,356$2,577
12 years$4,803$4,249$3,751$3,306$2,909$2,171
13 years$4,388$3,839$3,351$2,918$2,536$1,839
14 years$4,032$3,490$3,011$2,591$2,223$1,565
15 years$3,725$3,188$2,719$2,310$1,958$1,337
16 years$3,456$2,925$2,465$2,069$1,730$1,145
17 years$3,219$2,694$2,243$1,859$1,534$984
18 years$3,008$2,489$2,047$1,675$1,364$848
19 years$2,820$2,307$1,874$1,514$1,216$731
20 years$2,651$2,144$1,720$1,371$1,086$632
21 years$2,498$1,997$1,582$1,244$972$547
22 years$2,359$1,864$1,458$1,131$871$474
23 years$2,233$1,743$1,346$1,030$782$411
24 years$2,117$1,633$1,245$940$703$357
25 years$2,011$1,533$1,153$858$632$310
26 years$1,913$1,441$1,070$785$570$270
27 years$1,822$1,356$993$718$514$235
28 years$1,738$1,278$923$658$463$204
29 years$1,660$1,205$859$603$418$178
30 years$1,588$1,138$800$554$378$155
31 years$1,520$1,076$746$509$342$135
32 years$1,456$1,018$696$467$309$118
33 years$1,397$964$650$430$280$103
34 years$1,341$914$607$395$253$90
35 years$1,288$867$568$364$229$78
36 years$1,239$823$531$335$208$68
37 years$1,192$781$497$309$188$59
38 years$1,148$743$466$285$171$52
39 years$1,106$706$436$263$155$45
40 years$1,066$672$409$242$141$40
41 years$1,029$639$383$223$127$34
42 years$993$609$360$206$116$30
43 years$959$580$337$190$105$26
44 years$927$553$317$176$95$23
45 years$896$527$297$162$87$20
46 years$867$503$279$150$79$17
47 years$839$480$262$139$71$15
48 years$812$458$247$128$65$13
49 years$786$438$232$118$59$12
50 years$762$418$218$109$53$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $780,000, adding $5,203 every year, while hoping to spend $33,091 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: 74/5/21 Blend
40$780,000$780,000$780,000$780,000
41$864,927$823,587$811,497$924,195
42$917,941$828,734$803,473$969,403
43$975,253$833,024$794,072$1,014,419
44$1,037,267$836,381$783,212$1,062,906
45$1,104,427$838,722$770,808$1,115,205
46$1,177,220$839,960$756,771$1,171,687
47$1,256,182$840,004$741,008$1,232,767
48$1,341,903$838,755$723,423$1,298,899
49$1,435,031$836,108$703,912$1,370,583
50$1,536,281$831,954$682,369$1,448,374
51$1,646,437$826,175$658,684$1,532,881
52$1,766,362$818,647$632,739$1,624,777
53$1,897,008$809,237$604,412$1,724,803
54$2,039,419$797,806$573,577$1,833,777
55$2,194,748$784,206$540,099$1,952,602
56$2,364,260$768,280$503,840$2,082,272
57$2,549,350$749,861$464,655$2,223,884
58$2,751,553$728,774$422,390$2,378,648
59$2,972,559$704,832$376,888$2,547,897
60$3,214,229$677,838$327,983$2,733,104
61$3,478,612$647,583$275,501$2,935,890
62$3,767,961$613,846$219,262$3,158,043
63$4,084,763$576,393$159,076$3,401,537
64$4,431,750$534,978$94,747$3,668,545
65$4,811,936$489,340$26,069$3,961,467
66$5,228,638$439,202$0$4,282,945
67$5,685,509$384,273$0$4,646,477
68$6,186,573$324,243$0$5,051,618
69$6,736,260$258,789$0$5,496,116
70$7,339,454$187,565$0$5,983,935
71$8,001,531$110,208$0$6,519,438
72$8,728,413$26,334$0$7,107,437
73$9,526,625$0$0$7,753,229
74$10,403,353$0$0$8,466,200
75$11,366,517$0$0$9,251,088
76$12,424,836$0$0$10,113,557
77$13,587,920$0$0$11,061,441
78$14,866,355$0$0$12,103,374
79$16,271,804$0$0$13,248,863
80$17,817,114$0$0$14,508,388
81$19,516,441$0$0$15,893,491
82$21,385,382$0$0$17,416,889
83$23,441,121$0$0$19,092,595
84$25,702,590$0$0$20,936,048
85$28,190,648$0$0$22,964,257
86$30,928,280$0$0$25,195,964
87$33,940,809$0$0$27,651,820
88$37,256,138$0$0$30,354,578
89$40,905,012$0$0$33,329,310
90$44,921,306$0$0$36,603,638
91$49,342,348$0$0$40,208,003
92$54,209,266$0$0$44,175,942
93$59,567,382$0$0$48,544,413
94$65,466,631$0$0$53,354,138
95$71,962,041$0$0$58,649,988
96$79,114,243$0$0$64,481,407
97$86,990,050$0$0$70,902,877
98$95,663,083$0$0$77,974,436
99$105,214,467$0$0$85,762,236
100$115,733,596$0$0$94,339,176