Can I retire at age 41 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$70,192$69,567$68,957$68,362$67,780$67,184
2 years$34,749$34,101$33,474$32,866$32,276$31,676
3 years$22,936$22,286$21,660$21,058$20,477$19,891
4 years$17,030$16,382$15,763$15,171$14,605$14,037
5 years$13,488$12,844$12,233$11,653$11,102$10,554
6 years$11,127$10,488$9,886$9,319$8,785$8,258
7 years$9,442$8,808$8,215$7,661$7,144$6,639
8 years$8,178$7,550$6,967$6,427$5,927$5,442
9 years$7,196$6,574$6,001$5,474$4,991$4,528
10 years$6,410$5,794$5,232$4,719$4,253$3,810
11 years$5,768$5,158$4,606$4,107$3,658$3,235
12 years$5,234$4,630$4,088$3,602$3,170$2,767
13 years$4,781$4,184$3,652$3,180$2,764$2,381
14 years$4,394$3,803$3,281$2,823$2,423$2,059
15 years$4,059$3,474$2,963$2,518$2,133$1,788
16 years$3,766$3,188$2,686$2,254$1,885$1,558
17 years$3,507$2,936$2,444$2,026$1,672$1,361
18 years$3,278$2,713$2,231$1,825$1,486$1,193
19 years$3,073$2,514$2,043$1,649$1,325$1,048
20 years$2,889$2,336$1,875$1,494$1,183$922
21 years$2,722$2,176$1,724$1,356$1,059$812
22 years$2,571$2,031$1,589$1,233$949$717
23 years$2,433$1,900$1,467$1,123$852$633
24 years$2,307$1,780$1,357$1,024$766$560
25 years$2,191$1,670$1,257$935$689$496
26 years$2,085$1,570$1,166$855$621$440
27 years$1,986$1,478$1,082$783$560$390
28 years$1,894$1,392$1,006$717$505$346
29 years$1,809$1,313$936$658$456$307
30 years$1,730$1,240$872$603$412$273
31 years$1,656$1,173$813$554$373$243
32 years$1,587$1,109$759$509$337$216
33 years$1,522$1,051$708$468$305$192
34 years$1,461$996$662$431$276$171
35 years$1,404$945$619$397$250$152
36 years$1,350$897$579$365$227$135
37 years$1,299$851$542$337$205$121
38 years$1,251$809$507$310$186$107
39 years$1,205$769$475$286$169$96
40 years$1,162$732$446$264$153$85
41 years$1,121$697$418$243$139$76
42 years$1,082$664$392$225$126$68
43 years$1,045$632$368$207$114$60
44 years$1,010$603$345$192$104$54
45 years$976$575$324$177$94$48
46 years$944$548$304$163$86$43
47 years$914$523$286$151$78$38
48 years$885$500$269$139$71$34
49 years$857$477$253$129$64$30
50 years$830$456$238$119$58$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $850,000, adding $3,413 every year, while hoping to spend $58,458 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: 51/37/12 Blend
40$850,000$850,000$850,000$850,000
41$940,221$895,171$881,996$984,989
42$973,924$876,835$849,344$997,640
43$1,009,106$855,642$813,638$1,004,904
44$1,045,856$831,389$774,716$1,011,468
45$1,084,270$803,863$732,405$1,017,281
46$1,124,451$772,839$686,527$1,022,292
47$1,166,513$738,076$636,893$1,026,448
48$1,210,577$699,321$583,309$1,029,695
49$1,256,776$656,308$525,570$1,031,979
50$1,305,253$608,753$463,463$1,033,245
51$1,356,164$556,357$396,763$1,033,435
52$1,409,677$498,803$325,239$1,032,494
53$1,465,977$435,757$248,648$1,030,365
54$1,525,263$366,866$166,735$1,026,992
55$1,587,755$291,757$79,235$1,022,320
56$1,653,688$210,035$0$1,016,296
57$1,723,322$121,285$0$1,010,678
58$1,796,938$25,065$0$1,014,551
59$1,874,846$0$0$1,017,752
60$1,957,380$0$0$1,052,479
61$2,044,909$0$0$1,100,172
62$2,137,834$0$0$1,150,851
63$2,236,595$0$0$1,204,760
64$2,341,670$0$0$1,262,169
65$2,453,588$0$0$1,323,371
66$2,572,922$0$0$1,388,688
67$2,700,304$0$0$1,458,473
68$2,836,425$0$0$1,533,113
69$2,982,043$0$0$1,613,031
70$3,137,986$0$0$1,698,691
71$3,305,167$0$0$1,790,605
72$3,484,584$0$0$1,889,332
73$3,677,333$0$0$1,995,485
74$3,884,619$0$0$2,109,740
75$4,107,762$0$0$2,232,835
76$4,348,214$0$0$2,365,586
77$4,607,567$0$0$2,508,885
78$4,887,573$0$0$2,663,713
79$5,190,156$0$0$2,831,150
80$5,517,431$0$0$3,012,381
81$5,871,720$0$0$3,208,710
82$6,255,579$0$0$3,421,570
83$6,671,818$0$0$3,652,538
84$7,123,525$0$0$3,903,346
85$7,614,099$0$0$4,175,901
86$8,147,277$0$0$4,472,302
87$8,727,169$0$0$4,794,854
88$9,358,300$0$0$5,146,098
89$10,045,647$0$0$5,528,826
90$10,794,686$0$0$5,946,115
91$11,611,446$0$0$6,401,348
92$12,502,559$0$0$6,898,249
93$13,475,328$0$0$7,440,919
94$14,537,792$0$0$8,033,871
95$15,698,798$0$0$8,682,075
96$16,968,089$0$0$9,391,001
97$18,356,389$0$0$10,166,674
98$19,875,509$0$0$11,015,725
99$21,538,453$0$0$11,945,460
100$23,359,540$0$0$12,963,920