Can I retire at age 41 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$66,889$66,293$65,712$65,145$64,591$63,599
2 years$33,113$32,497$31,899$31,319$30,757$29,761
3 years$21,856$21,237$20,641$20,067$19,514$18,543
4 years$16,229$15,611$15,021$14,457$13,917$12,980
5 years$12,853$12,240$11,657$11,104$10,580$9,679
6 years$10,604$9,994$9,421$8,880$8,371$7,508
7 years$8,997$8,393$7,829$7,301$6,808$5,982
8 years$7,793$7,195$6,639$6,125$5,648$4,859
9 years$6,857$6,264$5,718$5,217$4,756$4,005
10 years$6,109$5,522$4,985$4,497$4,053$3,337
11 years$5,497$4,916$4,389$3,914$3,486$2,806
12 years$4,987$4,412$3,895$3,433$3,020$2,375
13 years$4,556$3,987$3,480$3,031$2,634$2,023
14 years$4,187$3,624$3,127$2,690$2,309$1,731
15 years$3,868$3,311$2,823$2,399$2,033$1,487
16 years$3,589$3,038$2,560$2,148$1,797$1,281
17 years$3,342$2,797$2,329$1,930$1,593$1,107
18 years$3,124$2,585$2,126$1,739$1,416$959
19 years$2,929$2,396$1,946$1,572$1,263$832
20 years$2,753$2,226$1,786$1,424$1,128$724
21 years$2,594$2,074$1,643$1,292$1,009$630
22 years$2,450$1,936$1,514$1,175$905$550
23 years$2,319$1,810$1,398$1,070$812$480
24 years$2,199$1,696$1,293$976$730$419
25 years$2,088$1,592$1,198$891$657$366
26 years$1,987$1,496$1,111$815$592$321
27 years$1,892$1,408$1,031$746$533$281
28 years$1,805$1,327$959$683$481$246
29 years$1,724$1,252$892$627$435$216
30 years$1,649$1,182$831$575$393$189
31 years$1,578$1,117$775$528$355$166
32 years$1,512$1,057$723$485$321$146
33 years$1,451$1,001$675$446$291$128
34 years$1,393$949$631$411$263$112
35 years$1,338$900$590$378$238$99
36 years$1,286$854$552$348$216$87
37 years$1,238$811$516$321$196$76
38 years$1,192$771$484$296$177$67
39 years$1,149$733$453$273$161$59
40 years$1,107$698$425$251$146$52
41 years$1,068$664$398$232$132$45
42 years$1,031$632$373$214$120$40
43 years$996$603$350$198$109$35
44 years$962$574$329$183$99$31
45 years$930$548$309$169$90$27
46 years$900$523$290$156$82$24
47 years$871$499$273$144$74$21
48 years$843$476$256$133$67$18
49 years$816$455$241$123$61$16
50 years$791$434$226$114$55$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $810,000, adding $6,883 every year, while hoping to spend $27,597 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: 45/36/19 Blend
40$810,000$810,000$810,000$810,000
41$899,720$856,790$844,235$935,011
42$962,128$869,410$843,154$973,062
43$1,029,977$881,723$841,111$1,011,022
44$1,103,793$893,685$838,047$1,051,609
45$1,184,154$905,250$833,895$1,095,081
46$1,271,696$916,366$828,589$1,141,720
47$1,367,121$926,979$822,059$1,191,840
48$1,471,199$937,033$814,229$1,245,787
49$1,584,779$946,465$805,023$1,303,943
50$1,708,794$955,210$794,360$1,366,732
51$1,844,274$963,198$782,154$1,434,619
52$1,992,350$970,355$768,316$1,508,121
53$2,154,269$976,601$752,754$1,587,807
54$2,331,402$981,852$735,369$1,674,308
55$2,525,261$986,019$716,060$1,768,318
56$2,737,510$989,006$694,719$1,870,606
57$2,969,979$990,711$671,236$1,982,021
58$3,224,688$991,027$645,494$2,103,498
59$3,503,858$989,839$617,369$2,236,073
60$3,809,937$987,025$586,736$2,380,889
61$4,145,618$982,458$553,460$2,539,208
62$4,513,873$975,999$517,402$2,712,422
63$4,917,969$967,505$478,416$2,902,070
64$5,361,508$956,819$436,350$3,109,850
65$5,848,459$943,781$391,045$3,337,637
66$6,383,192$928,215$342,334$3,587,499
67$6,970,520$909,940$290,045$3,861,722
68$7,615,747$888,762$233,996$4,162,827
69$8,324,716$864,474$173,997$4,493,596
70$9,103,863$836,858$109,852$4,857,099
71$9,960,278$805,686$41,353$5,256,727
72$10,901,774$770,712$0$5,696,219
73$11,936,958$731,680$0$6,186,137
74$13,075,311$688,316$0$6,733,964
75$14,327,281$640,331$0$7,336,380
76$15,704,378$587,422$0$7,998,976
77$17,219,283$529,265$0$8,727,920
78$18,885,971$465,519$0$9,530,011
79$20,719,836$395,825$0$10,412,748
80$22,737,841$319,803$0$11,384,399
81$24,958,677$237,049$0$12,454,080
82$27,402,937$147,140$0$13,631,844
83$30,093,315$49,628$0$14,928,773
84$33,054,812$0$0$16,357,088
85$36,314,979$0$0$17,952,429
86$39,904,173$0$0$19,730,542
87$43,855,845$0$0$21,688,351
88$48,206,853$0$0$23,844,133
89$52,997,812$0$0$26,218,027
90$58,273,475$0$0$28,832,226
91$64,083,157$0$0$31,711,181
92$70,481,199$0$0$34,881,839
93$77,527,480$0$0$38,373,891
94$85,287,984$0$0$42,220,058
95$93,835,419$0$0$46,456,392
96$103,249,906$0$0$51,122,623
97$113,619,735$0$0$56,262,533
98$125,042,193$0$0$61,924,363
99$137,624,490$0$0$68,161,276
100$151,484,762$0$0$75,031,854