Can I retire at age 41 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$72,257$71,613$70,985$70,372$69,774$67,594
2 years$35,771$35,104$34,459$33,833$33,226$31,049
3 years$23,610$22,941$22,297$21,677$21,080$18,975
4 years$17,531$16,864$16,227$15,617$15,034$13,017
5 years$13,885$13,222$12,593$11,995$11,429$9,504
6 years$11,455$10,797$10,177$9,593$9,043$7,213
7 years$9,719$9,067$8,457$7,887$7,355$5,619
8 years$8,419$7,772$7,172$6,616$6,101$4,459
9 years$7,407$6,767$6,177$5,635$5,138$3,587
10 years$6,599$5,965$5,385$4,858$4,378$2,916
11 years$5,938$5,310$4,741$4,228$3,765$2,390
12 years$5,387$4,766$4,208$3,708$3,263$1,972
13 years$4,922$4,307$3,759$3,274$2,845$1,635
14 years$4,523$3,915$3,378$2,906$2,494$1,361
15 years$4,178$3,576$3,050$2,592$2,196$1,137
16 years$3,877$3,281$2,765$2,321$1,941$952
17 years$3,611$3,022$2,516$2,085$1,721$799
18 years$3,375$2,792$2,297$1,879$1,530$672
19 years$3,164$2,588$2,103$1,698$1,364$567
20 years$2,974$2,405$1,930$1,538$1,218$478
21 years$2,802$2,240$1,775$1,396$1,090$404
22 years$2,647$2,091$1,636$1,269$977$341
23 years$2,505$1,956$1,510$1,156$877$289
24 years$2,375$1,832$1,397$1,054$788$244
25 years$2,256$1,720$1,294$963$709$207
26 years$2,146$1,616$1,200$880$639$175
27 years$2,044$1,521$1,114$806$576$149
28 years$1,950$1,433$1,036$738$520$126
29 years$1,863$1,352$964$677$469$107
30 years$1,781$1,277$898$621$424$91
31 years$1,705$1,207$837$571$383$77
32 years$1,634$1,142$781$524$347$65
33 years$1,567$1,082$729$482$314$55
34 years$1,504$1,025$681$444$284$47
35 years$1,445$972$637$408$257$40
36 years$1,390$923$596$376$233$34
37 years$1,337$877$558$347$211$29
38 years$1,288$833$522$319$192$25
39 years$1,241$792$489$295$174$21
40 years$1,196$754$459$272$158$18
41 years$1,154$717$430$251$143$15
42 years$1,114$683$403$231$130$13
43 years$1,076$651$379$214$118$11
44 years$1,040$620$355$197$107$9
45 years$1,005$592$334$182$97$8
46 years$972$564$313$168$88$7
47 years$941$539$294$155$80$6
48 years$911$514$277$144$73$5
49 years$882$491$260$133$66$4
50 years$854$469$244$123$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $875,000, adding $2,637 every year, while hoping to spend $53,503 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: 41/34/25 Blend
40$875,000$875,000$875,000$875,000
41$966,970$920,595$907,033$999,409
42$1,008,674$908,777$880,491$1,011,167
43$1,052,839$894,588$851,268$1,018,629
44$1,099,659$877,853$819,216$1,025,657
45$1,149,347$858,390$784,182$1,032,241
46$1,202,134$836,005$746,006$1,038,376
47$1,258,276$810,494$704,522$1,044,060
48$1,318,051$781,638$659,554$1,049,297
49$1,381,762$749,209$610,919$1,054,096
50$1,449,745$712,963$558,427$1,058,470
51$1,522,363$672,642$501,879$1,062,443
52$1,600,018$627,975$441,065$1,066,044
53$1,683,148$578,675$375,770$1,069,313
54$1,772,235$524,436$305,764$1,072,300
55$1,867,808$464,938$230,812$1,075,069
56$1,970,445$399,841$150,665$1,077,697
57$2,080,783$328,785$65,065$1,080,275
58$2,199,520$251,393$0$1,082,916
59$2,327,423$167,263$0$1,092,761
60$2,465,334$75,973$0$1,121,930
61$2,614,178$0$0$1,153,308
62$2,774,971$0$0$1,195,761
63$2,948,832$0$0$1,272,487
64$3,136,986$0$0$1,355,614
65$3,340,785$0$0$1,445,749
66$3,561,711$0$0$1,543,562
67$3,801,398$0$0$1,649,788
68$4,061,638$0$0$1,765,235
69$4,344,407$0$0$1,890,794
70$4,651,876$0$0$2,027,444
71$4,986,433$0$0$2,176,261
72$5,350,707$0$0$2,338,431
73$5,747,590$0$0$2,515,258
74$6,180,265$0$0$2,708,178
75$6,652,235$0$0$2,918,772
76$7,167,356$0$0$3,148,778
77$7,729,872$0$0$3,400,113
78$8,344,455$0$0$3,674,883
79$9,016,249$0$0$3,975,411
80$9,750,917$0$0$4,304,252
81$10,554,694$0$0$4,664,220
82$11,434,445$0$0$5,058,414
83$12,397,731$0$0$5,490,247
84$13,452,876$0$0$5,963,477
85$14,609,050$0$0$6,482,243
86$15,876,348$0$0$7,051,104
87$17,265,892$0$0$7,675,080
88$18,789,930$0$0$8,359,702
89$20,461,951$0$0$9,111,060
90$22,296,815$0$0$9,935,866
91$24,310,889$0$0$10,841,509
92$26,522,203$0$0$11,836,132
93$28,950,615$0$0$12,928,702
94$31,618,006$0$0$14,129,102
95$34,548,474$0$0$15,448,215
96$37,768,571$0$0$16,898,033
97$41,307,547$0$0$18,491,766
98$45,197,626$0$0$20,243,970
99$49,474,309$0$0$22,170,678
100$54,176,709$0$0$24,289,558