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%18.8%
1 years$74,321$73,659$73,013$72,383$71,767$69,221
2 years$36,793$36,107$35,443$34,799$34,175$31,637
3 years$24,285$23,597$22,934$22,296$21,682$19,232
4 years$18,032$17,346$16,690$16,063$15,464$13,120
5 years$14,281$13,599$12,952$12,338$11,755$9,524
6 years$11,782$11,105$10,467$9,867$9,302$7,185
7 years$9,997$9,326$8,698$8,112$7,565$5,562
8 years$8,659$7,994$7,377$6,805$6,276$4,385
9 years$7,619$6,960$6,354$5,796$5,285$3,504
10 years$6,787$6,135$5,539$4,997$4,503$2,829
11 years$6,108$5,462$4,877$4,348$3,873$2,302
12 years$5,541$4,902$4,328$3,814$3,356$1,885
13 years$5,063$4,430$3,867$3,367$2,927$1,551
14 years$4,653$4,027$3,474$2,989$2,565$1,282
15 years$4,298$3,679$3,137$2,666$2,259$1,062
16 years$3,987$3,375$2,844$2,387$1,996$883
17 years$3,714$3,108$2,588$2,145$1,770$735
18 years$3,471$2,872$2,362$1,933$1,574$613
19 years$3,254$2,662$2,163$1,746$1,403$512
20 years$3,059$2,474$1,985$1,582$1,253$429
21 years$2,883$2,304$1,826$1,436$1,121$359
22 years$2,722$2,151$1,683$1,305$1,005$301
23 years$2,577$2,012$1,554$1,189$902$252
24 years$2,443$1,885$1,437$1,084$811$212
25 years$2,320$1,769$1,331$990$730$178
26 years$2,207$1,662$1,234$905$657$149
27 years$2,103$1,564$1,146$829$593$125
28 years$2,006$1,474$1,065$759$535$105
29 years$1,916$1,391$991$696$483$89
30 years$1,832$1,313$924$639$436$75
31 years$1,754$1,242$861$587$394$63
32 years$1,680$1,175$803$539$357$53
33 years$1,612$1,113$750$496$323$44
34 years$1,547$1,054$701$456$292$37
35 years$1,487$1,000$655$420$265$31
36 years$1,429$949$613$387$240$26
37 years$1,375$902$574$356$217$22
38 years$1,324$857$537$329$197$19
39 years$1,276$815$503$303$179$16
40 years$1,230$775$472$279$162$13
41 years$1,187$738$442$258$147$11
42 years$1,146$703$415$238$133$9
43 years$1,107$670$389$220$121$8
44 years$1,069$638$366$203$110$7
45 years$1,034$609$343$187$100$6
46 years$1,000$581$322$173$91$5
47 years$968$554$303$160$82$4
48 years$937$529$285$148$75$3
49 years$907$505$267$136$68$3
50 years$879$482$251$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $900,000, adding $6,489 every year, while hoping to spend $31,951 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: 31/40/29 Blend
40$900,000$900,000$900,000$900,000
41$998,493$950,793$936,843$1,020,436
42$1,066,344$963,387$934,232$1,050,596
43$1,140,045$975,526$930,462$1,079,803
44$1,220,158$987,156$925,462$1,110,620
45$1,307,304$998,216$919,154$1,143,210
46$1,402,163$1,008,643$911,460$1,177,757
47$1,505,486$1,018,368$902,296$1,214,462
48$1,618,097$1,027,320$891,574$1,253,551
49$1,740,904$1,035,420$879,204$1,295,274
50$1,874,908$1,042,587$865,088$1,339,910
51$2,021,207$1,048,732$849,127$1,387,767
52$2,181,013$1,053,763$831,216$1,439,189
53$2,355,659$1,057,580$811,245$1,494,557
54$2,546,613$1,060,078$789,098$1,554,293
55$2,755,490$1,061,145$764,655$1,618,866
56$2,984,070$1,060,661$737,792$1,688,797
57$3,234,312$1,058,501$708,375$1,764,662
58$3,508,374$1,054,529$676,267$1,847,101
59$3,808,631$1,048,604$641,325$1,936,823
60$4,137,701$1,040,574$603,398$2,034,614
61$4,498,463$1,030,280$562,329$2,141,343
62$4,894,093$1,017,550$517,954$2,257,975
63$5,328,086$1,002,206$470,101$2,385,576
64$5,804,293$984,055$418,591$2,525,329
65$6,326,954$962,897$363,237$2,678,541
66$6,900,741$938,517$303,843$2,846,660
67$7,530,800$910,688$240,205$3,031,288
68$8,222,800$879,170$172,110$3,234,196
69$8,982,985$843,709$99,336$3,457,346
70$9,818,235$804,036$21,649$3,702,904
71$10,736,129$759,868$0$3,973,269
72$11,745,015$710,903$0$4,290,044
73$12,854,093$656,823$0$4,645,587
74$14,073,496$597,293$0$5,036,512
75$15,414,389$531,957$0$5,466,483
76$16,889,073$460,439$0$5,939,544
77$18,511,101$382,343$0$6,460,159
78$20,295,406$297,250$0$7,033,250
79$22,258,438$204,716$0$7,664,253
80$24,418,326$104,275$0$8,359,164
81$26,795,043$0$0$9,124,596
82$29,410,596$0$0$9,969,861
83$32,289,233$0$0$10,950,823
84$35,457,671$0$0$12,030,710
85$38,945,350$0$0$13,219,577
86$42,784,709$0$0$14,528,504
87$47,011,491$0$0$15,969,698
88$51,665,082$0$0$17,556,611
89$56,788,878$0$0$19,304,066
90$62,430,702$0$0$21,228,397
91$68,643,246$0$0$23,347,602
92$75,484,575$0$0$25,681,514
93$83,018,671$0$0$28,251,988
94$91,316,037$0$0$31,083,105
95$100,454,362$0$0$34,201,403
96$110,519,255$0$0$37,636,124
97$121,605,051$0$0$41,419,490
98$133,815,703$0$0$45,587,012
99$147,265,760$0$0$50,177,816
100$162,081,450$0$0$55,235,022