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%14.1%
1 years$70,192$69,567$68,957$68,362$67,780$66,630
2 years$34,749$34,101$33,474$32,866$32,276$31,121
3 years$22,936$22,286$21,660$21,058$20,477$19,353
4 years$17,030$16,382$15,763$15,171$14,605$13,520
5 years$13,488$12,844$12,233$11,653$11,102$10,060
6 years$11,127$10,488$9,886$9,319$8,785$7,787
7 years$9,442$8,808$8,215$7,661$7,144$6,190
8 years$8,178$7,550$6,967$6,427$5,927$5,017
9 years$7,196$6,574$6,001$5,474$4,991$4,125
10 years$6,410$5,794$5,232$4,719$4,253$3,429
11 years$5,768$5,158$4,606$4,107$3,658$2,876
12 years$5,234$4,630$4,088$3,602$3,170$2,428
13 years$4,781$4,184$3,652$3,180$2,764$2,062
14 years$4,394$3,803$3,281$2,823$2,423$1,760
15 years$4,059$3,474$2,963$2,518$2,133$1,507
16 years$3,766$3,188$2,686$2,254$1,885$1,295
17 years$3,507$2,936$2,444$2,026$1,672$1,116
18 years$3,278$2,713$2,231$1,825$1,486$964
19 years$3,073$2,514$2,043$1,649$1,325$834
20 years$2,889$2,336$1,875$1,494$1,183$723
21 years$2,722$2,176$1,724$1,356$1,059$628
22 years$2,571$2,031$1,589$1,233$949$546
23 years$2,433$1,900$1,467$1,123$852$475
24 years$2,307$1,780$1,357$1,024$766$414
25 years$2,191$1,670$1,257$935$689$361
26 years$2,085$1,570$1,166$855$621$315
27 years$1,986$1,478$1,082$783$560$275
28 years$1,894$1,392$1,006$717$505$240
29 years$1,809$1,313$936$658$456$209
30 years$1,730$1,240$872$603$412$183
31 years$1,656$1,173$813$554$373$160
32 years$1,587$1,109$759$509$337$140
33 years$1,522$1,051$708$468$305$122
34 years$1,461$996$662$431$276$107
35 years$1,404$945$619$397$250$94
36 years$1,350$897$579$365$227$82
37 years$1,299$851$542$337$205$72
38 years$1,251$809$507$310$186$63
39 years$1,205$769$475$286$169$55
40 years$1,162$732$446$264$153$48
41 years$1,121$697$418$243$139$42
42 years$1,082$664$392$225$126$37
43 years$1,045$632$368$207$114$32
44 years$1,010$603$345$192$104$28
45 years$976$575$324$177$94$25
46 years$944$548$304$163$86$22
47 years$914$523$286$151$78$19
48 years$885$500$269$139$71$17
49 years$857$477$253$129$64$15
50 years$830$456$238$119$58$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $850,000, adding $3,617 every year, while hoping to spend $23,501 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: 73/20/7 Blend
40$850,000$850,000$850,000$850,000
41$940,431$895,381$882,206$1,007,890
42$1,011,350$914,250$886,755$1,071,718
43$1,088,715$933,255$890,669$1,138,294
44$1,173,159$952,380$893,901$1,210,542
45$1,265,378$971,603$896,404$1,289,016
46$1,366,139$990,905$898,126$1,374,323
47$1,476,286$1,010,260$899,014$1,467,134
48$1,596,749$1,029,643$899,012$1,568,187
49$1,728,549$1,049,028$898,061$1,678,296
50$1,872,815$1,068,384$896,100$1,798,355
51$2,030,786$1,087,679$893,063$1,929,353
52$2,203,829$1,106,878$888,884$2,072,375
53$2,393,449$1,125,944$883,490$2,228,619
54$2,601,302$1,144,837$876,808$2,399,404
55$2,829,212$1,163,512$868,759$2,586,184
56$3,079,192$1,181,923$859,262$2,790,560
57$3,353,453$1,200,021$848,231$3,014,296
58$3,654,434$1,217,751$835,576$3,259,337
59$3,984,822$1,235,057$821,203$3,527,824
60$4,347,575$1,251,875$805,015$3,822,117
61$4,745,952$1,268,142$786,907$4,144,817
62$5,183,544$1,283,786$766,773$4,498,791
63$5,664,305$1,298,731$744,500$4,887,195
64$6,192,594$1,312,898$719,970$5,313,510
65$6,773,209$1,326,201$693,060$5,781,572
66$7,411,440$1,338,549$663,641$6,295,604
67$8,113,112$1,349,843$631,579$6,860,265
68$8,884,645$1,359,981$596,732$7,480,686
69$9,733,110$1,368,851$558,953$8,162,523
70$10,666,299$1,376,336$518,090$8,912,008
71$11,692,795$1,382,311$473,980$9,736,008
72$12,822,059$1,386,642$426,457$10,642,094
73$14,064,510$1,389,188$375,344$11,638,605
74$15,431,631$1,389,800$320,459$12,734,735
75$16,936,073$1,388,316$261,610$13,940,614
76$18,591,776$1,384,567$198,598$15,267,406
77$20,414,101$1,378,374$131,215$16,727,415
78$22,419,970$1,369,546$59,241$18,334,200
79$24,628,032$1,357,879$0$20,102,703
80$27,058,836$1,343,159$0$22,050,704
81$29,735,021$1,325,158$0$24,199,849
82$32,681,538$1,303,635$0$26,565,725
83$35,925,875$1,278,334$0$29,170,396
84$39,498,326$1,248,984$0$32,038,172
85$43,432,270$1,215,298$0$35,195,846
86$47,764,486$1,176,973$0$38,672,943
87$52,535,506$1,133,687$0$42,502,000
88$57,789,990$1,085,099$0$46,718,874
89$63,577,150$1,030,851$0$51,363,079
90$69,951,217$970,561$0$56,478,160
91$76,971,949$903,826$0$62,112,107
92$84,705,195$830,221$0$68,317,803
93$93,223,519$749,295$0$75,153,529
94$102,606,881$660,574$0$82,683,509
95$112,943,395$563,554$0$90,978,522
96$124,330,158$457,704$0$100,116,568
97$136,874,166$342,464$0$110,183,604
98$150,693,327$217,240$0$121,274,356
99$165,917,568$81,407$0$133,493,215
100$182,690,069$0$0$146,955,224