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%17.9%
1 years$74,321$73,659$73,013$72,383$71,767$69,470
2 years$36,793$36,107$35,443$34,799$34,175$31,882
3 years$24,285$23,597$22,934$22,296$21,682$19,465
4 years$18,032$17,346$16,690$16,063$15,464$13,339
5 years$14,281$13,599$12,952$12,338$11,755$9,730
6 years$11,782$11,105$10,467$9,867$9,302$7,376
7 years$9,997$9,326$8,698$8,112$7,565$5,739
8 years$8,659$7,994$7,377$6,805$6,276$4,549
9 years$7,619$6,960$6,354$5,796$5,285$3,656
10 years$6,787$6,135$5,539$4,997$4,503$2,968
11 years$6,108$5,462$4,877$4,348$3,873$2,429
12 years$5,541$4,902$4,328$3,814$3,356$2,001
13 years$5,063$4,430$3,867$3,367$2,927$1,657
14 years$4,653$4,027$3,474$2,989$2,565$1,377
15 years$4,298$3,679$3,137$2,666$2,259$1,149
16 years$3,987$3,375$2,844$2,387$1,996$961
17 years$3,714$3,108$2,588$2,145$1,770$806
18 years$3,471$2,872$2,362$1,933$1,574$677
19 years$3,254$2,662$2,163$1,746$1,403$569
20 years$3,059$2,474$1,985$1,582$1,253$480
21 years$2,883$2,304$1,826$1,436$1,121$404
22 years$2,722$2,151$1,683$1,305$1,005$341
23 years$2,577$2,012$1,554$1,189$902$288
24 years$2,443$1,885$1,437$1,084$811$244
25 years$2,320$1,769$1,331$990$730$206
26 years$2,207$1,662$1,234$905$657$174
27 years$2,103$1,564$1,146$829$593$148
28 years$2,006$1,474$1,065$759$535$125
29 years$1,916$1,391$991$696$483$106
30 years$1,832$1,313$924$639$436$90
31 years$1,754$1,242$861$587$394$76
32 years$1,680$1,175$803$539$357$64
33 years$1,612$1,113$750$496$323$55
34 years$1,547$1,054$701$456$292$46
35 years$1,487$1,000$655$420$265$39
36 years$1,429$949$613$387$240$33
37 years$1,375$902$574$356$217$28
38 years$1,324$857$537$329$197$24
39 years$1,276$815$503$303$179$20
40 years$1,230$775$472$279$162$17
41 years$1,187$738$442$258$147$15
42 years$1,146$703$415$238$133$12
43 years$1,107$670$389$220$121$10
44 years$1,069$638$366$203$110$9
45 years$1,034$609$343$187$100$8
46 years$1,000$581$322$173$91$6
47 years$968$554$303$160$82$5
48 years$937$529$285$148$75$5
49 years$907$505$267$136$68$4
50 years$879$482$251$126$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $900,000, adding $3,567 every year, while hoping to spend $22,153 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: 53/30/17 Blend
40$900,000$900,000$900,000$900,000
41$995,479$947,779$933,829$1,043,481
42$1,073,448$970,650$941,542$1,099,601
43$1,158,626$993,899$948,771$1,157,992
44$1,251,727$1,017,521$955,475$1,221,037
45$1,353,534$1,041,510$961,615$1,289,186
46$1,464,911$1,065,861$967,145$1,362,932
47$1,586,808$1,090,563$972,020$1,442,820
48$1,720,271$1,115,610$976,192$1,529,449
49$1,866,452$1,140,989$979,608$1,623,482
50$2,026,622$1,166,689$982,217$1,725,646
51$2,202,178$1,192,697$983,961$1,836,743
52$2,394,659$1,218,998$984,783$1,957,658
53$2,605,761$1,245,575$984,619$2,089,364
54$2,837,350$1,272,410$983,406$2,232,936
55$3,091,484$1,299,483$981,075$2,389,556
56$3,370,429$1,326,771$977,554$2,560,528
57$3,676,680$1,354,250$972,770$2,747,290
58$4,012,987$1,381,893$966,642$2,951,424
59$4,382,377$1,409,672$959,091$3,174,676
60$4,788,187$1,437,553$950,028$3,418,969
61$5,234,092$1,465,503$939,364$3,686,423
62$5,724,141$1,493,485$927,004$3,979,375
63$6,262,795$1,521,456$912,850$4,300,399
64$6,854,967$1,549,375$896,797$4,652,335
65$7,506,071$1,577,192$878,738$5,038,309
66$8,222,073$1,604,857$858,558$5,461,771
67$9,009,544$1,632,315$836,140$5,926,520
68$9,875,726$1,659,506$811,358$6,436,745
69$10,828,594$1,686,367$784,083$6,997,062
70$11,876,940$1,712,828$754,179$7,612,560
71$13,030,448$1,738,816$721,504$8,288,848
72$14,299,789$1,764,253$685,909$9,032,106
73$15,696,719$1,789,054$647,240$9,849,148
74$17,234,195$1,813,128$605,332$10,747,484
75$18,926,490$1,836,378$560,018$11,735,390
76$20,789,334$1,858,702$511,120$12,821,990
77$22,840,055$1,879,988$458,452$14,017,339
78$25,097,752$1,900,119$401,822$15,332,519
79$27,583,467$1,918,969$341,027$16,779,745
80$30,320,385$1,936,403$275,856$18,372,480
81$33,334,057$1,952,279$206,089$20,125,563
82$36,652,634$1,966,444$131,497$22,055,348
83$40,307,139$1,978,736$51,838$24,179,862
84$44,331,755$1,988,982$0$26,518,971
85$48,764,150$1,996,998$0$29,100,590
86$53,645,833$2,002,591$0$31,953,260
87$59,022,541$2,005,550$0$35,094,217
88$64,944,675$2,005,658$0$38,552,829
89$71,467,775$2,002,678$0$42,361,460
90$78,653,042$1,996,363$0$46,555,777
91$86,567,915$1,986,448$0$51,175,084
92$95,286,712$1,972,653$0$56,262,700
93$104,891,326$1,954,682$0$61,866,361
94$115,471,999$1,932,220$0$68,038,675
95$127,128,177$1,904,932$0$74,837,617
96$139,969,443$1,872,466$0$82,327,081
97$154,116,555$1,834,445$0$90,577,477
98$169,702,584$1,790,474$0$99,666,401
99$186,874,172$1,740,131$0$109,679,369
100$205,792,912$1,682,973$0$120,710,621