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%15.4%
1 years$66,063$65,475$64,901$64,340$63,793$62,378
2 years$32,705$32,095$31,505$30,933$30,378$28,959
3 years$21,586$20,975$20,386$19,819$19,273$17,895
4 years$16,029$15,419$14,836$14,278$13,746$12,420
5 years$12,695$12,088$11,513$10,967$10,449$9,179
6 years$10,473$9,871$9,304$8,771$8,268$7,054
7 years$8,886$8,290$7,732$7,211$6,724$5,567
8 years$7,697$7,106$6,557$6,049$5,578$4,478
9 years$6,773$6,187$5,648$5,152$4,698$3,653
10 years$6,033$5,453$4,924$4,441$4,003$3,013
11 years$5,429$4,855$4,335$3,865$3,442$2,506
12 years$4,926$4,357$3,847$3,390$2,983$2,098
13 years$4,500$3,938$3,437$2,993$2,601$1,767
14 years$4,136$3,579$3,088$2,657$2,280$1,494
15 years$3,820$3,270$2,788$2,370$2,008$1,269
16 years$3,544$3,000$2,528$2,122$1,775$1,080
17 years$3,301$2,763$2,300$1,906$1,573$922
18 years$3,085$2,553$2,100$1,718$1,399$789
19 years$2,892$2,366$1,922$1,552$1,247$676
20 years$2,719$2,199$1,764$1,406$1,114$581
21 years$2,562$2,048$1,623$1,276$997$499
22 years$2,420$1,912$1,496$1,160$893$430
23 years$2,290$1,788$1,381$1,057$802$370
24 years$2,172$1,675$1,277$964$721$319
25 years$2,063$1,572$1,183$880$649$275
26 years$1,962$1,478$1,097$805$584$238
27 years$1,869$1,391$1,019$737$527$205
28 years$1,783$1,310$947$675$475$177
29 years$1,703$1,236$881$619$429$153
30 years$1,628$1,167$821$568$388$133
31 years$1,559$1,104$765$522$351$115
32 years$1,494$1,044$714$479$317$99
33 years$1,433$989$667$441$287$86
34 years$1,375$937$623$406$260$74
35 years$1,321$889$582$373$235$64
36 years$1,271$844$545$344$213$56
37 years$1,223$801$510$317$193$48
38 years$1,177$762$478$292$175$42
39 years$1,134$724$447$269$159$36
40 years$1,094$689$419$248$144$31
41 years$1,055$656$393$229$131$27
42 years$1,019$625$369$211$119$23
43 years$984$595$346$195$108$20
44 years$951$567$325$180$98$18
45 years$919$541$305$166$89$15
46 years$889$516$287$154$81$13
47 years$860$492$269$142$73$11
48 years$833$470$253$131$66$10
49 years$806$449$238$121$60$9
50 years$781$429$224$112$55$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $800,000, adding $4,131 every year, while hoping to spend $22,817 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: 70/18/12 Blend
40$800,000$800,000$800,000$800,000
41$885,861$843,461$831,061$945,325
42$951,942$860,514$834,625$1,002,365
43$1,023,998$877,637$837,543$1,061,609
44$1,102,615$894,810$839,770$1,125,840
45$1,188,438$912,012$841,258$1,195,544
46$1,282,175$929,217$841,956$1,271,259
47$1,384,607$946,399$841,812$1,353,575
48$1,496,595$963,530$840,771$1,443,143
49$1,619,084$980,580$838,773$1,540,680
50$1,753,117$997,515$835,758$1,646,977
51$1,899,841$1,014,299$831,662$1,762,904
52$2,060,520$1,030,895$826,418$1,889,420
53$2,236,546$1,047,261$819,956$2,027,583
54$2,429,450$1,063,354$812,201$2,178,557
55$2,640,921$1,079,126$803,077$2,343,626
56$2,872,818$1,094,526$792,503$2,524,204
57$3,127,188$1,109,500$780,395$2,721,850
58$3,406,286$1,123,990$766,663$2,938,281
59$3,712,596$1,137,934$751,214$3,175,392
60$4,048,853$1,151,266$733,953$3,435,266
61$4,418,073$1,163,914$714,777$3,720,205
62$4,823,574$1,175,804$693,580$4,032,741
63$5,269,015$1,186,854$670,251$4,375,667
64$5,758,423$1,196,979$644,673$4,752,060
65$6,296,239$1,206,088$616,726$5,165,312
66$6,887,351$1,214,081$586,282$5,619,161
67$7,537,146$1,220,857$553,208$6,117,726
68$8,251,560$1,226,305$517,366$6,665,549
69$9,037,132$1,230,306$478,610$7,267,632
70$9,901,065$1,232,737$436,789$7,929,491
71$10,851,297$1,233,464$391,745$8,657,205
72$11,896,573$1,232,347$343,312$9,457,471
73$13,046,528$1,229,237$291,317$10,337,674
74$14,311,778$1,223,974$235,581$11,305,950
75$15,704,021$1,216,390$175,914$12,371,268
76$17,236,144$1,206,306$112,120$13,543,512
77$18,922,349$1,193,533$43,994$14,833,574
78$20,778,282$1,177,870$0$16,253,462
79$22,821,185$1,159,103$0$17,820,081
80$25,070,055$1,137,008$0$19,550,592
81$27,545,824$1,111,346$0$21,455,456
82$30,271,559$1,081,862$0$23,552,418
83$33,272,674$1,048,290$0$25,861,035
84$36,577,176$1,010,345$0$28,402,854
85$40,215,924$967,728$0$31,201,625
86$44,222,922$920,120$0$34,283,519
87$48,635,640$867,187$0$37,677,376
88$53,495,368$808,572$0$41,414,980
89$58,847,604$743,900$0$45,531,356
90$64,742,482$672,774$0$50,065,105
91$71,235,250$594,774$0$55,058,763
92$78,386,784$509,456$0$60,559,207
93$86,264,169$416,353$0$66,618,099
94$94,941,328$314,968$0$73,292,368
95$104,499,722$204,779$0$80,644,754
96$115,029,114$85,234$0$88,744,398
97$126,628,423$0$0$97,667,493
98$139,406,650$0$0$107,506,773
99$153,483,914$0$0$118,364,981
100$168,992,580$0$0$130,327,342