Can I retire at age 41 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$68,541$67,930$67,334$66,753$66,185$63,685
2 years$33,931$33,299$32,687$32,093$31,517$29,027
3 years$22,396$21,761$21,150$20,562$19,996$17,594
4 years$16,630$15,997$15,392$14,814$14,261$11,967
5 years$13,171$12,542$11,945$11,378$10,841$8,660
6 years$10,865$10,241$9,653$9,099$8,578$6,511
7 years$9,220$8,601$8,022$7,481$6,976$5,023
8 years$7,986$7,372$6,803$6,276$5,788$3,946
9 years$7,026$6,419$5,860$5,346$4,874$3,142
10 years$6,260$5,658$5,109$4,608$4,153$2,527
11 years$5,633$5,037$4,497$4,010$3,572$2,048
12 years$5,110$4,521$3,991$3,518$3,095$1,671
13 years$4,669$4,086$3,566$3,105$2,699$1,369
14 years$4,291$3,714$3,204$2,757$2,366$1,126
15 years$3,963$3,393$2,893$2,458$2,083$930
16 years$3,677$3,113$2,623$2,201$1,841$769
17 years$3,425$2,867$2,387$1,978$1,632$638
18 years$3,201$2,649$2,179$1,782$1,451$530
19 years$3,001$2,455$1,995$1,611$1,294$441
20 years$2,821$2,281$1,830$1,459$1,156$367
21 years$2,658$2,125$1,684$1,324$1,034$306
22 years$2,511$1,983$1,552$1,204$927$255
23 years$2,376$1,855$1,433$1,096$832$213
24 years$2,253$1,738$1,325$1,000$748$178
25 years$2,140$1,631$1,227$913$673$149
26 years$2,036$1,533$1,138$835$606$124
27 years$1,939$1,443$1,057$764$547$104
28 years$1,850$1,359$983$700$493$87
29 years$1,767$1,283$914$642$445$73
30 years$1,690$1,211$852$589$402$61
31 years$1,617$1,145$794$541$364$51
32 years$1,550$1,083$741$497$329$43
33 years$1,486$1,026$692$457$298$36
34 years$1,427$972$646$421$270$30
35 years$1,371$922$604$387$244$25
36 years$1,318$875$565$357$221$21
37 years$1,268$831$529$329$201$18
38 years$1,221$790$495$303$182$15
39 years$1,177$751$464$279$165$12
40 years$1,135$715$435$258$150$10
41 years$1,095$680$408$238$136$9
42 years$1,057$648$383$219$123$7
43 years$1,021$617$359$203$112$6
44 years$986$589$337$187$101$5
45 years$953$561$317$173$92$4
46 years$922$535$297$160$84$4
47 years$892$511$279$147$76$3
48 years$864$488$262$136$69$2
49 years$836$466$247$126$63$2
50 years$810$445$232$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $830,000, adding $4,131 every year, while hoping to spend $44,753 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: 37/33/30 Blend
40$830,000$830,000$830,000$830,000
41$918,921$874,931$862,066$944,567
42$965,034$870,186$843,328$959,235
43$1,014,351$863,708$822,463$970,728
44$1,067,151$855,366$799,352$982,302
45$1,123,740$845,019$773,870$993,995
46$1,184,456$832,519$745,889$1,005,854
47$1,249,666$817,708$715,272$1,017,931
48$1,319,776$800,420$681,878$1,030,292
49$1,395,231$780,479$645,559$1,043,009
50$1,476,519$757,696$606,159$1,056,170
51$1,564,176$731,875$563,517$1,069,875
52$1,658,790$702,806$517,464$1,084,238
53$1,761,011$670,267$467,822$1,099,393
54$1,871,548$634,024$414,408$1,115,491
55$1,991,183$593,828$357,028$1,132,705
56$2,120,776$549,419$295,481$1,151,233
57$2,261,273$500,518$229,557$1,171,299
58$2,413,712$446,832$159,036$1,193,158
59$2,579,236$388,052$83,689$1,217,097
60$2,759,102$323,850$3,277$1,243,442
61$2,954,693$253,882$0$1,272,559
62$3,167,530$177,781$0$1,331,282
63$3,399,288$95,162$0$1,396,492
64$3,651,808$5,618$0$1,467,750
65$3,927,118$0$0$1,545,730
66$4,227,448$0$0$1,664,334
67$4,555,255$0$0$1,796,124
68$4,913,241$0$0$1,940,160
69$5,304,382$0$0$2,097,655
70$5,731,955$0$0$2,269,941
71$6,199,565$0$0$2,458,487
72$6,711,184$0$0$2,664,911
73$7,271,186$0$0$2,890,993
74$7,884,384$0$0$3,138,696
75$8,556,082$0$0$3,410,177
76$9,292,120$0$0$3,707,817
77$10,098,927$0$0$4,034,235
78$10,983,588$0$0$4,392,316
79$11,953,904$0$0$4,785,239
80$13,018,466$0$0$5,216,505
81$14,186,739$0$0$5,689,970
82$15,469,148$0$0$6,209,882
83$16,877,177$0$0$6,780,920
84$18,423,476$0$0$7,408,240
85$20,121,979$0$0$8,097,519
86$21,988,038$0$0$8,855,015
87$24,038,563$0$0$9,687,619
88$26,292,187$0$0$10,602,925
89$28,769,433$0$0$11,609,297
90$31,492,914$0$0$12,715,954
91$34,487,544$0$0$13,933,048
92$37,780,771$0$0$15,271,767
93$41,402,834$0$0$16,744,439
94$45,387,054$0$0$18,364,644
95$49,770,139$0$0$20,147,347
96$54,592,538$0$0$22,109,036
97$59,898,816$0$0$24,267,876
98$65,738,076$0$0$26,643,885
99$72,164,422$0$0$29,259,118
100$79,237,469$0$0$32,137,878