Can I retire at age 41 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$75,147$74,478$73,825$73,187$72,565$72,168
2 years$37,201$36,509$35,837$35,186$34,555$34,154
3 years$24,555$23,859$23,189$22,544$21,923$21,531
4 years$18,232$17,539$16,876$16,242$15,636$15,256
5 years$14,440$13,751$13,096$12,475$11,886$11,519
6 years$11,913$11,228$10,584$9,977$9,405$9,052
7 years$10,108$9,430$8,795$8,202$7,649$7,309
8 years$8,755$8,083$7,459$6,881$6,345$6,019
9 years$7,704$7,038$6,424$5,861$5,344$5,031
10 years$6,863$6,203$5,601$5,052$4,553$4,254
11 years$6,175$5,522$4,931$4,397$3,916$3,630
12 years$5,603$4,957$4,376$3,857$3,393$3,120
13 years$5,119$4,479$3,910$3,405$2,959$2,699
14 years$4,704$4,072$3,513$3,022$2,594$2,346
15 years$4,345$3,719$3,172$2,695$2,284$2,048
16 years$4,032$3,413$2,876$2,413$2,019$1,794
17 years$3,755$3,143$2,617$2,168$1,790$1,577
18 years$3,510$2,904$2,389$1,954$1,591$1,389
19 years$3,290$2,692$2,187$1,766$1,418$1,227
20 years$3,093$2,501$2,007$1,599$1,267$1,086
21 years$2,915$2,330$1,846$1,451$1,134$963
22 years$2,753$2,175$1,701$1,320$1,016$855
23 years$2,605$2,034$1,571$1,202$912$760
24 years$2,470$1,906$1,453$1,096$820$676
25 years$2,346$1,788$1,346$1,001$738$603
26 years$2,232$1,681$1,248$915$665$537
27 years$2,126$1,582$1,159$838$599$480
28 years$2,028$1,491$1,077$768$541$428
29 years$1,937$1,406$1,003$704$488$383
30 years$1,852$1,328$934$646$441$342
31 years$1,773$1,255$871$593$399$306
32 years$1,699$1,188$812$545$361$274
33 years$1,630$1,125$758$501$326$245
34 years$1,564$1,066$709$461$296$220
35 years$1,503$1,011$662$425$268$197
36 years$1,445$960$620$391$243$177
37 years$1,391$912$580$360$220$158
38 years$1,339$866$543$332$199$142
39 years$1,290$824$509$306$181$127
40 years$1,244$784$477$283$164$114
41 years$1,200$746$447$261$149$102
42 years$1,159$711$420$241$135$92
43 years$1,119$677$394$222$122$83
44 years$1,081$645$370$205$111$74
45 years$1,045$615$347$189$101$66
46 years$1,011$587$326$175$92$60
47 years$978$560$306$162$83$54
48 years$947$535$288$149$76$48
49 years$917$511$270$138$69$43
50 years$888$488$254$128$62$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $910,000, adding $4,445 every year, while hoping to spend $54,109 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: 64/31/5 Blend
40$910,000$910,000$910,000$910,000
41$1,007,405$959,175$945,070$1,070,877
42$1,052,589$948,603$919,158$1,103,073
43$1,100,568$935,700$890,565$1,131,387
44$1,151,570$920,293$859,143$1,160,877
45$1,205,845$902,202$824,739$1,191,654
46$1,263,665$881,235$787,193$1,223,839
47$1,325,331$857,186$746,335$1,257,567
48$1,391,168$829,842$701,991$1,292,991
49$1,461,537$798,974$653,977$1,330,281
50$1,536,829$764,340$602,101$1,369,625
51$1,617,478$725,684$546,163$1,411,235
52$1,703,955$682,737$485,954$1,455,345
53$1,796,780$635,213$421,255$1,502,218
54$1,896,522$582,809$351,838$1,552,146
55$2,003,807$525,206$277,464$1,605,452
56$2,119,321$462,067$197,885$1,662,500
57$2,243,818$393,034$112,840$1,723,692
58$2,378,125$317,731$22,058$1,789,475
59$2,523,154$235,759$0$1,860,346
60$2,679,902$146,698$0$1,940,852
61$2,849,470$50,104$0$2,029,130
62$3,033,064$0$0$2,124,701
63$3,232,013$0$0$2,246,930
64$3,447,777$0$0$2,398,079
65$3,681,960$0$0$2,562,186
66$3,936,329$0$0$2,740,497
67$4,212,827$0$0$2,934,380
68$4,513,589$0$0$3,145,341
69$4,840,967$0$0$3,375,037
70$5,197,548$0$0$3,625,292
71$5,586,179$0$0$3,898,112
72$6,009,992$0$0$4,195,705
73$6,472,435$0$0$4,520,502
74$6,977,305$0$0$4,875,178
75$7,528,779$0$0$5,262,680
76$8,131,457$0$0$5,686,249
77$8,790,402$0$0$6,149,456
78$9,511,190$0$0$6,656,231
79$10,299,960$0$0$7,210,902
80$11,163,471$0$0$7,818,235
81$12,109,167$0$0$8,483,479
82$13,145,245$0$0$9,212,412
83$14,280,733$0$0$10,011,401
84$15,525,573$0$0$10,887,456
85$16,890,715$0$0$11,848,297
86$18,388,219$0$0$12,902,429
87$20,031,371$0$0$14,059,219
88$21,834,802$0$0$15,328,984
89$23,814,630$0$0$16,723,092
90$25,988,610$0$0$18,254,060
91$28,376,300$0$0$19,935,682
92$30,999,246$0$0$21,783,150
93$33,881,181$0$0$23,813,201
94$37,048,254$0$0$26,044,276
95$40,529,272$0$0$28,496,686
96$44,355,969$0$0$31,192,813
97$48,563,309$0$0$34,157,314
98$53,189,814$0$0$37,417,353
99$58,277,923$0$0$41,002,859
100$63,874,396$0$0$44,946,808