Can I retire at age 41 with 900,000?

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 $900,000?

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$74,321$73,659$73,013$72,383$71,767$70,666
2 years$36,793$36,107$35,443$34,799$34,175$33,068
3 years$24,285$23,597$22,934$22,296$21,682$20,604
4 years$18,032$17,346$16,690$16,063$15,464$14,423
5 years$14,281$13,599$12,952$12,338$11,755$10,754
6 years$11,782$11,105$10,467$9,867$9,302$8,342
7 years$9,997$9,326$8,698$8,112$7,565$6,647
8 years$8,659$7,994$7,377$6,805$6,276$5,399
9 years$7,619$6,960$6,354$5,796$5,285$4,450
10 years$6,787$6,135$5,539$4,997$4,503$3,708
11 years$6,108$5,462$4,877$4,348$3,873$3,117
12 years$5,541$4,902$4,328$3,814$3,356$2,639
13 years$5,063$4,430$3,867$3,367$2,927$2,248
14 years$4,653$4,027$3,474$2,989$2,565$1,923
15 years$4,298$3,679$3,137$2,666$2,259$1,652
16 years$3,987$3,375$2,844$2,387$1,996$1,423
17 years$3,714$3,108$2,588$2,145$1,770$1,230
18 years$3,471$2,872$2,362$1,933$1,574$1,066
19 years$3,254$2,662$2,163$1,746$1,403$925
20 years$3,059$2,474$1,985$1,582$1,253$804
21 years$2,883$2,304$1,826$1,436$1,121$700
22 years$2,722$2,151$1,683$1,305$1,005$611
23 years$2,577$2,012$1,554$1,189$902$533
24 years$2,443$1,885$1,437$1,084$811$466
25 years$2,320$1,769$1,331$990$730$407
26 years$2,207$1,662$1,234$905$657$356
27 years$2,103$1,564$1,146$829$593$312
28 years$2,006$1,474$1,065$759$535$273
29 years$1,916$1,391$991$696$483$240
30 years$1,832$1,313$924$639$436$210
31 years$1,754$1,242$861$587$394$184
32 years$1,680$1,175$803$539$357$162
33 years$1,612$1,113$750$496$323$142
34 years$1,547$1,054$701$456$292$125
35 years$1,487$1,000$655$420$265$109
36 years$1,429$949$613$387$240$96
37 years$1,375$902$574$356$217$84
38 years$1,324$857$537$329$197$74
39 years$1,276$815$503$303$179$65
40 years$1,230$775$472$279$162$57
41 years$1,187$738$442$258$147$50
42 years$1,146$703$415$238$133$44
43 years$1,107$670$389$220$121$39
44 years$1,069$638$366$203$110$34
45 years$1,034$609$343$187$100$30
46 years$1,000$581$322$173$91$26
47 years$968$554$303$160$82$23
48 years$937$529$285$148$75$20
49 years$907$505$267$136$68$18
50 years$879$482$251$126$62$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $900,000, adding $4,137 every year, while hoping to spend $37,957 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: 49/38/13 Blend
40$900,000$900,000$900,000$900,000
41$996,067$948,367$934,417$1,041,127
42$1,057,280$954,451$925,334$1,078,643
43$1,123,465$959,561$914,675$1,115,079
44$1,195,088$963,610$902,346$1,153,807
45$1,272,663$966,502$888,251$1,195,054
46$1,356,754$968,141$872,287$1,239,072
47$1,447,983$968,420$854,349$1,286,140
48$1,547,031$967,226$834,323$1,336,566
49$1,654,650$964,442$812,095$1,390,694
50$1,771,666$959,941$787,541$1,448,902
51$1,898,987$953,589$760,535$1,511,611
52$2,037,612$945,244$730,942$1,579,286
53$2,188,643$934,755$698,623$1,652,443
54$2,353,290$921,963$663,431$1,731,652
55$2,532,884$906,698$625,216$1,817,545
56$2,728,894$888,782$583,816$1,910,821
57$2,942,932$868,024$539,065$2,012,254
58$3,176,777$844,223$490,789$2,122,700
59$3,432,385$817,166$438,807$2,243,105
60$3,711,909$786,628$382,928$2,374,519
61$4,017,721$752,370$322,953$2,518,100
62$4,352,433$714,140$258,677$2,675,130
63$4,718,920$671,672$189,881$2,847,027
64$5,120,348$624,683$116,341$3,035,357
65$5,560,206$572,874$37,820$3,241,853
66$6,042,332$515,931$0$3,468,431
67$6,570,958$453,519$0$3,723,583
68$7,150,741$385,287$0$4,009,287
69$7,786,813$310,862$0$4,322,910
70$8,484,825$229,851$0$4,667,350
71$9,251,003$141,840$0$5,045,801
72$10,092,203$46,388$0$5,461,792
73$11,015,981$0$0$5,919,216
74$12,030,656$0$0$6,446,192
75$13,145,396$0$0$7,046,551
76$14,370,300$0$0$7,706,346
77$15,716,492$0$0$8,431,583
78$17,196,228$0$0$9,228,878
79$18,823,013$0$0$10,105,522
80$20,611,722$0$0$11,069,545
81$22,578,745$0$0$12,129,797
82$24,742,140$0$0$13,296,025
83$27,121,803$0$0$14,578,972
84$29,739,655$0$0$15,990,473
85$32,619,847$0$0$17,543,566
86$35,788,992$0$0$19,252,620
87$39,276,410$0$0$21,133,465
88$43,114,408$0$0$23,203,544
89$47,338,583$0$0$25,482,077
90$51,988,160$0$0$27,990,242
91$57,106,356$0$0$30,751,372
92$62,740,793$0$0$33,791,181
93$68,943,945$0$0$37,137,999
94$75,773,632$0$0$40,823,048
95$83,293,565$0$0$44,880,725
96$91,573,948$0$0$49,348,938
97$100,692,140$0$0$54,269,456
98$110,733,384$0$0$59,688,305
99$121,791,610$0$0$65,656,202
100$133,970,322$0$0$72,229,035