Can I retire at age 41 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$66,063$65,475$64,901$64,340$63,793$62,762
2 years$32,705$32,095$31,505$30,933$30,378$29,342
3 years$21,586$20,975$20,386$19,819$19,273$18,264
4 years$16,029$15,419$14,836$14,278$13,746$12,772
5 years$12,695$12,088$11,513$10,967$10,449$9,514
6 years$10,473$9,871$9,304$8,771$8,268$7,372
7 years$8,886$8,290$7,732$7,211$6,724$5,867
8 years$7,697$7,106$6,557$6,049$5,578$4,760
9 years$6,773$6,187$5,648$5,152$4,698$3,918
10 years$6,033$5,453$4,924$4,441$4,003$3,261
11 years$5,429$4,855$4,335$3,865$3,442$2,739
12 years$4,926$4,357$3,847$3,390$2,983$2,316
13 years$4,500$3,938$3,437$2,993$2,601$1,969
14 years$4,136$3,579$3,088$2,657$2,280$1,683
15 years$3,820$3,270$2,788$2,370$2,008$1,443
16 years$3,544$3,000$2,528$2,122$1,775$1,242
17 years$3,301$2,763$2,300$1,906$1,573$1,072
18 years$3,085$2,553$2,100$1,718$1,399$927
19 years$2,892$2,366$1,922$1,552$1,247$804
20 years$2,719$2,199$1,764$1,406$1,114$698
21 years$2,562$2,048$1,623$1,276$997$607
22 years$2,420$1,912$1,496$1,160$893$528
23 years$2,290$1,788$1,381$1,057$802$460
24 years$2,172$1,675$1,277$964$721$401
25 years$2,063$1,572$1,183$880$649$351
26 years$1,962$1,478$1,097$805$584$306
27 years$1,869$1,391$1,019$737$527$268
28 years$1,783$1,310$947$675$475$234
29 years$1,703$1,236$881$619$429$205
30 years$1,628$1,167$821$568$388$179
31 years$1,559$1,104$765$522$351$157
32 years$1,494$1,044$714$479$317$138
33 years$1,433$989$667$441$287$121
34 years$1,375$937$623$406$260$106
35 years$1,321$889$582$373$235$93
36 years$1,271$844$545$344$213$81
37 years$1,223$801$510$317$193$71
38 years$1,177$762$478$292$175$63
39 years$1,134$724$447$269$159$55
40 years$1,094$689$419$248$144$48
41 years$1,055$656$393$229$131$42
42 years$1,019$625$369$211$119$37
43 years$984$595$346$195$108$32
44 years$951$567$325$180$98$29
45 years$919$541$305$166$89$25
46 years$889$516$287$154$81$22
47 years$860$492$269$142$73$19
48 years$833$470$253$131$66$17
49 years$806$449$238$121$60$15
50 years$781$429$224$112$55$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $800,000, adding $5,122 every year, while hoping to spend $32,110 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: 56/34/10 Blend
40$800,000$800,000$800,000$800,000
41$886,883$844,483$832,083$934,095
42$943,181$851,698$825,793$973,803
43$1,004,144$858,190$818,216$1,013,040
44$1,070,216$863,891$809,276$1,055,009
45$1,141,882$868,725$798,890$1,099,975
46$1,219,676$872,616$786,976$1,148,231
47$1,304,188$875,478$773,444$1,200,101
48$1,396,062$877,224$758,202$1,255,943
49$1,496,012$877,760$741,153$1,316,153
50$1,604,820$876,984$722,196$1,381,168
51$1,723,346$874,791$701,225$1,451,470
52$1,852,540$871,068$678,128$1,527,593
53$1,993,444$865,696$652,790$1,610,125
54$2,147,206$858,546$625,090$1,699,719
55$2,315,091$849,484$594,900$1,797,093
56$2,498,489$838,368$562,088$1,903,040
57$2,698,933$825,046$526,516$2,018,438
58$2,918,108$809,357$488,038$2,144,255
59$3,157,871$791,132$446,503$2,281,561
60$3,420,267$770,190$401,754$2,431,538
61$3,707,547$746,342$353,625$2,595,489
62$4,022,189$719,385$301,944$2,774,855
63$4,366,923$689,106$246,530$2,971,225
64$4,744,757$655,279$187,196$3,186,356
65$5,159,000$617,665$123,745$3,422,185
66$5,613,299$576,013$55,972$3,680,852
67$6,111,672$530,053$0$3,964,717
68$6,658,542$479,505$0$4,278,133
69$7,258,782$424,070$0$4,628,719
70$7,917,760$363,432$0$5,013,695
71$8,641,389$297,258$0$5,436,592
72$9,436,184$225,196$0$5,901,305
73$10,309,318$146,875$0$6,412,128
74$11,268,698$61,900$0$6,973,799
75$12,323,030$0$0$7,591,546
76$13,481,910$0$0$8,282,408
77$14,755,907$0$0$9,067,434
78$16,156,664$0$0$9,930,649
79$17,697,012$0$0$10,879,970
80$19,391,086$0$0$11,924,119
81$21,254,457$0$0$13,072,703
82$23,304,285$0$0$14,336,312
83$25,559,474$0$0$15,726,610
84$28,040,855$0$0$17,256,450
85$30,771,377$0$0$18,939,994
86$33,776,329$0$0$20,792,846
87$37,083,573$0$0$22,832,199
88$40,723,811$0$0$25,077,000
89$44,730,871$0$0$27,548,120
90$49,142,028$0$0$30,268,564
91$53,998,355$0$0$33,263,674
92$59,345,107$0$0$36,561,378
93$65,232,155$0$0$40,192,450
94$71,714,447$0$0$44,190,799
95$78,852,535$0$0$48,593,788
96$86,713,138$0$0$53,442,592
97$95,369,779$0$0$58,782,579
98$104,903,473$0$0$64,663,743
99$115,403,491$0$0$71,141,174
100$126,968,207$0$0$78,275,578