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%11.4%
1 years$74,321$73,659$73,013$72,383$71,767$71,345
2 years$36,793$36,107$35,443$34,799$34,175$33,749
3 years$24,285$23,597$22,934$22,296$21,682$21,265
4 years$18,032$17,346$16,690$16,063$15,464$15,060
5 years$14,281$13,599$12,952$12,338$11,755$11,365
6 years$11,782$11,105$10,467$9,867$9,302$8,926
7 years$9,997$9,326$8,698$8,112$7,565$7,203
8 years$8,659$7,994$7,377$6,805$6,276$5,929
9 years$7,619$6,960$6,354$5,796$5,285$4,953
10 years$6,787$6,135$5,539$4,997$4,503$4,185
11 years$6,108$5,462$4,877$4,348$3,873$3,569
12 years$5,541$4,902$4,328$3,814$3,356$3,066
13 years$5,063$4,430$3,867$3,367$2,927$2,650
14 years$4,653$4,027$3,474$2,989$2,565$2,302
15 years$4,298$3,679$3,137$2,666$2,259$2,008
16 years$3,987$3,375$2,844$2,387$1,996$1,758
17 years$3,714$3,108$2,588$2,145$1,770$1,544
18 years$3,471$2,872$2,362$1,933$1,574$1,360
19 years$3,254$2,662$2,163$1,746$1,403$1,200
20 years$3,059$2,474$1,985$1,582$1,253$1,061
21 years$2,883$2,304$1,826$1,436$1,121$940
22 years$2,722$2,151$1,683$1,305$1,005$834
23 years$2,577$2,012$1,554$1,189$902$741
24 years$2,443$1,885$1,437$1,084$811$659
25 years$2,320$1,769$1,331$990$730$587
26 years$2,207$1,662$1,234$905$657$523
27 years$2,103$1,564$1,146$829$593$466
28 years$2,006$1,474$1,065$759$535$416
29 years$1,916$1,391$991$696$483$372
30 years$1,832$1,313$924$639$436$332
31 years$1,754$1,242$861$587$394$297
32 years$1,680$1,175$803$539$357$265
33 years$1,612$1,113$750$496$323$237
34 years$1,547$1,054$701$456$292$213
35 years$1,487$1,000$655$420$265$190
36 years$1,429$949$613$387$240$170
37 years$1,375$902$574$356$217$153
38 years$1,324$857$537$329$197$137
39 years$1,276$815$503$303$179$123
40 years$1,230$775$472$279$162$110
41 years$1,187$738$442$258$147$98
42 years$1,146$703$415$238$133$88
43 years$1,107$670$389$220$121$79
44 years$1,069$638$366$203$110$71
45 years$1,034$609$343$187$100$64
46 years$1,000$581$322$173$91$57
47 years$968$554$303$160$82$51
48 years$937$529$285$148$75$46
49 years$907$505$267$136$68$41
50 years$879$482$251$126$62$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $900,000, adding $3,321 every year, while hoping to spend $51,352 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: 67/7/26 Blend
40$900,000$900,000$900,000$900,000
41$995,226$947,526$933,576$1,054,977
42$1,042,100$939,316$910,212$1,087,379
43$1,092,036$928,984$884,345$1,116,677
44$1,145,289$916,369$855,836$1,147,552
45$1,202,142$901,305$824,541$1,180,161
46$1,262,906$883,615$790,308$1,214,680
47$1,327,919$863,109$752,980$1,251,302
48$1,397,554$839,588$712,392$1,290,245
49$1,472,219$812,842$668,372$1,331,746
50$1,552,361$782,647$620,738$1,376,074
51$1,638,471$748,766$569,302$1,423,521
52$1,731,090$710,950$513,868$1,474,416
53$1,830,808$668,934$454,230$1,529,120
54$1,938,278$622,439$390,174$1,588,037
55$2,054,212$571,168$321,474$1,651,612
56$2,179,395$514,809$247,898$1,720,338
57$2,314,690$453,032$169,199$1,794,762
58$2,461,045$385,487$85,124$1,875,491
59$2,619,501$311,805$0$1,963,194
60$2,791,204$231,597$0$2,059,890
61$2,977,412$144,451$0$2,190,410
62$3,179,511$49,932$0$2,332,103
63$3,399,024$0$0$2,486,061
64$3,637,627$0$0$2,657,520
65$3,897,161$0$0$2,848,254
66$4,179,656$0$0$3,055,912
67$4,487,342$0$0$3,282,141
68$4,822,675$0$0$3,528,753
69$5,188,357$0$0$3,797,742
70$5,587,362$0$0$4,091,303
71$6,022,965$0$0$4,411,853
72$6,498,768$0$0$4,762,050
73$7,018,739$0$0$5,144,824
74$7,587,246$0$0$5,563,397
75$8,209,097$0$0$6,021,320
76$8,889,587$0$0$6,522,500
77$9,634,547$0$0$7,071,241
78$10,450,397$0$0$7,672,282
79$11,344,208$0$0$8,330,843
80$12,323,764$0$0$9,052,670
81$13,397,643$0$0$9,844,094
82$14,575,288$0$0$10,712,087
83$15,867,102$0$0$11,664,328
84$17,284,543$0$0$12,709,275
85$18,840,231$0$0$13,856,245
86$20,548,069$0$0$15,115,501
87$22,423,369$0$0$16,498,347
88$24,483,001$0$0$18,017,237
89$26,745,547$0$0$19,685,890
90$29,231,479$0$0$21,519,419
91$31,963,350$0$0$23,534,473
92$34,966,005$0$0$25,749,395
93$38,266,816$0$0$28,184,392
94$41,895,939$0$0$30,861,729
95$45,886,600$0$0$33,805,934
96$50,275,401$0$0$37,044,032
97$55,102,674$0$0$40,605,797
98$60,412,854$0$0$44,524,035
99$66,254,897$0$0$48,834,892
100$72,682,746$0$0$53,578,192