Can I retire at age 41 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$76,386$75,705$75,041$74,393$73,761$70,806
2 years$37,815$37,110$36,428$35,766$35,124$32,185
3 years$24,959$24,252$23,571$22,916$22,284$19,452
4 years$18,533$17,828$17,154$16,509$15,893$13,190
5 years$14,678$13,977$13,312$12,681$12,082$9,515
6 years$12,109$11,413$10,758$10,141$9,560$7,131
7 years$10,275$9,585$8,940$8,337$7,775$5,482
8 years$8,900$8,216$7,582$6,994$6,450$4,292
9 years$7,831$7,154$6,530$5,957$5,432$3,404
10 years$6,976$6,306$5,693$5,135$4,628$2,728
11 years$6,277$5,613$5,012$4,469$3,980$2,202
12 years$5,695$5,038$4,448$3,920$3,449$1,789
13 years$5,203$4,553$3,974$3,461$3,008$1,460
14 years$4,782$4,139$3,571$3,072$2,637$1,196
15 years$4,417$3,781$3,224$2,740$2,322$983
16 years$4,098$3,469$2,923$2,453$2,052$810
17 years$3,817$3,195$2,660$2,204$1,819$668
18 years$3,567$2,952$2,428$1,986$1,618$553
19 years$3,344$2,736$2,223$1,795$1,442$458
20 years$3,144$2,542$2,040$1,626$1,288$379
21 years$2,963$2,368$1,876$1,475$1,152$315
22 years$2,798$2,211$1,729$1,341$1,033$261
23 years$2,648$2,067$1,597$1,222$927$217
24 years$2,511$1,937$1,477$1,114$833$180
25 years$2,385$1,818$1,368$1,018$750$150
26 years$2,269$1,708$1,269$930$676$125
27 years$2,161$1,608$1,178$852$609$104
28 years$2,062$1,515$1,095$780$550$86
29 years$1,969$1,429$1,019$716$496$72
30 years$1,883$1,350$949$657$448$60
31 years$1,802$1,276$885$603$405$50
32 years$1,727$1,207$826$554$367$42
33 years$1,657$1,143$771$510$332$35
34 years$1,590$1,084$720$469$300$29
35 years$1,528$1,028$673$432$272$24
36 years$1,469$976$630$398$247$20
37 years$1,414$927$590$366$223$17
38 years$1,361$881$552$338$203$14
39 years$1,312$837$517$311$184$12
40 years$1,265$797$485$287$167$10
41 years$1,220$758$455$265$151$8
42 years$1,178$722$426$245$137$7
43 years$1,137$688$400$226$125$6
44 years$1,099$656$376$208$113$5
45 years$1,062$626$353$192$103$4
46 years$1,028$597$331$178$93$3
47 years$994$569$311$164$85$3
48 years$963$544$292$152$77$2
49 years$932$519$275$140$70$2
50 years$903$496$258$130$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $925,000, adding $2,573 every year, while hoping to spend $53,280 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: 88/5/7 Blend
40$925,000$925,000$925,000$925,000
41$1,022,004$972,979$958,642$1,111,233
42$1,069,559$963,966$934,067$1,160,711
43$1,120,179$952,725$906,883$1,207,412
44$1,174,120$939,091$876,946$1,257,016
45$1,231,663$922,889$844,106$1,309,773
46$1,293,115$903,934$808,207$1,365,961
47$1,358,815$882,028$769,083$1,425,885
48$1,429,130$856,963$726,564$1,489,880
49$1,504,466$828,520$680,469$1,558,315
50$1,585,268$796,464$630,611$1,631,596
51$1,672,024$760,548$576,794$1,710,167
52$1,765,267$720,512$518,814$1,794,519
53$1,865,587$676,080$456,457$1,885,194
54$1,973,627$626,958$389,498$1,982,784
55$2,090,096$572,839$317,706$2,087,944
56$2,215,773$513,395$240,837$2,201,394
57$2,351,513$448,282$158,635$2,323,927
58$2,498,254$377,135$70,836$2,456,417
59$2,657,030$299,568$0$2,599,823
60$2,828,975$215,175$0$2,756,914
61$3,015,339$123,527$0$2,932,904
62$3,217,492$24,168$0$3,123,804
63$3,436,944$0$0$3,331,053
64$3,675,356$0$0$3,560,821
65$3,934,552$0$0$3,812,073
66$4,216,543$0$0$4,085,426
67$4,523,537$0$0$4,383,023
68$4,857,967$0$0$4,707,223
69$5,222,510$0$0$5,060,621
70$5,620,110$0$0$5,446,073
71$6,054,010$0$0$5,866,723
72$6,527,779$0$0$6,326,032
73$7,045,344$0$0$6,827,809
74$7,611,030$0$0$7,376,247
75$8,229,598$0$0$7,975,965
76$8,906,291$0$0$8,632,044
77$9,646,881$0$0$9,350,084
78$10,457,724$0$0$10,136,247
79$11,345,819$0$0$10,997,321
80$12,318,874$0$0$11,940,780
81$13,385,378$0$0$12,974,858
82$14,554,679$0$0$14,108,618
83$15,837,075$0$0$15,352,048
84$17,243,906$0$0$16,716,144
85$18,787,665$0$0$18,213,021
86$20,482,111$0$0$19,856,022
87$22,342,401$0$0$21,659,846
88$24,385,231$0$0$23,640,682
89$26,628,992$0$0$25,816,367
90$29,093,946$0$0$28,206,549
91$31,802,412$0$0$30,832,871
92$34,778,979$0$0$33,719,180
93$38,050,737$0$0$36,891,746
94$41,647,530$0$0$40,379,509
95$45,602,238$0$0$44,214,355
96$49,951,085$0$0$48,431,414
97$54,733,984$0$0$53,069,390
98$59,994,907$0$0$58,170,925
99$65,782,302$0$0$63,783,003
100$72,149,552$0$0$69,957,391