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%16.2%
1 years$76,386$75,705$75,041$74,393$73,761$71,890
2 years$37,815$37,110$36,428$35,766$35,124$33,252
3 years$24,959$24,252$23,571$22,916$22,284$20,468
4 years$18,533$17,828$17,154$16,509$15,893$14,148
5 years$14,678$13,977$13,312$12,681$12,082$10,412
6 years$12,109$11,413$10,758$10,141$9,560$7,968
7 years$10,275$9,585$8,940$8,337$7,775$6,260
8 years$8,900$8,216$7,582$6,994$6,450$5,011
9 years$7,831$7,154$6,530$5,957$5,432$4,069
10 years$6,976$6,306$5,693$5,135$4,628$3,339
11 years$6,277$5,613$5,012$4,469$3,980$2,763
12 years$5,695$5,038$4,448$3,920$3,449$2,302
13 years$5,203$4,553$3,974$3,461$3,008$1,928
14 years$4,782$4,139$3,571$3,072$2,637$1,621
15 years$4,417$3,781$3,224$2,740$2,322$1,369
16 years$4,098$3,469$2,923$2,453$2,052$1,159
17 years$3,817$3,195$2,660$2,204$1,819$984
18 years$3,567$2,952$2,428$1,986$1,618$837
19 years$3,344$2,736$2,223$1,795$1,442$713
20 years$3,144$2,542$2,040$1,626$1,288$608
21 years$2,963$2,368$1,876$1,475$1,152$520
22 years$2,798$2,211$1,729$1,341$1,033$445
23 years$2,648$2,067$1,597$1,222$927$381
24 years$2,511$1,937$1,477$1,114$833$326
25 years$2,385$1,818$1,368$1,018$750$279
26 years$2,269$1,708$1,269$930$676$240
27 years$2,161$1,608$1,178$852$609$206
28 years$2,062$1,515$1,095$780$550$177
29 years$1,969$1,429$1,019$716$496$152
30 years$1,883$1,350$949$657$448$130
31 years$1,802$1,276$885$603$405$112
32 years$1,727$1,207$826$554$367$96
33 years$1,657$1,143$771$510$332$83
34 years$1,590$1,084$720$469$300$71
35 years$1,528$1,028$673$432$272$61
36 years$1,469$976$630$398$247$53
37 years$1,414$927$590$366$223$45
38 years$1,361$881$552$338$203$39
39 years$1,312$837$517$311$184$33
40 years$1,265$797$485$287$167$29
41 years$1,220$758$455$265$151$25
42 years$1,178$722$426$245$137$21
43 years$1,137$688$400$226$125$18
44 years$1,099$656$376$208$113$16
45 years$1,062$626$353$192$103$14
46 years$1,028$597$331$178$93$12
47 years$994$569$311$164$85$10
48 years$963$544$292$152$77$9
49 years$932$519$275$140$70$7
50 years$903$496$258$130$63$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $925,000, adding $3,192 every year, while hoping to spend $54,869 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: 84/10/6 Blend
40$925,000$925,000$925,000$925,000
41$1,022,643$973,618$959,280$1,107,952
42$1,068,572$962,945$933,036$1,153,431
43$1,117,347$949,910$904,073$1,195,589
44$1,169,200$934,339$872,244$1,240,157
45$1,224,386$916,049$837,391$1,287,342
46$1,283,182$894,845$799,353$1,337,373
47$1,345,894$870,519$757,958$1,390,498
48$1,412,855$842,854$713,029$1,446,993
49$1,484,431$811,619$664,380$1,507,161
50$1,561,023$776,568$611,817$1,571,336
51$1,643,070$737,442$555,136$1,639,884
52$1,731,055$693,969$494,124$1,713,212
53$1,825,506$645,857$428,562$1,791,763
54$1,927,005$592,802$358,216$1,876,031
55$2,036,189$534,478$282,846$1,966,555
56$2,153,758$470,545$202,198$2,063,934
57$2,280,479$400,640$116,010$2,168,823
58$2,417,198$324,382$24,007$2,281,947
59$2,564,842$241,366$0$2,404,106
60$2,724,430$151,166$0$2,540,928
61$2,897,082$53,334$0$2,690,583
62$3,084,029$0$0$2,852,625
63$3,286,625$0$0$3,034,041
64$3,506,359$0$0$3,237,183
65$3,744,868$0$0$3,457,695
66$4,003,951$0$0$3,697,244
67$4,285,590$0$0$3,957,664
68$4,591,963$0$0$4,240,971
69$4,925,468$0$0$4,549,383
70$5,288,741$0$0$4,885,342
71$5,684,685$0$0$5,251,534
72$6,116,496$0$0$5,650,916
73$6,587,688$0$0$6,086,743
74$7,102,132$0$0$6,562,596
75$7,664,088$0$0$7,082,419
76$8,278,246$0$0$7,650,552
77$8,949,769$0$0$8,271,776
78$9,684,343$0$0$8,951,351
79$10,488,227$0$0$9,695,073
80$11,368,313$0$0$10,509,321
81$12,332,193$0$0$11,401,120
82$13,388,223$0$0$12,378,209
83$14,545,611$0$0$13,449,107
84$15,814,493$0$0$14,623,199
85$17,206,037$0$0$15,910,820
86$18,732,539$0$0$17,323,354
87$20,407,546$0$0$18,873,339
88$22,245,980$0$0$20,574,588
89$24,264,274$0$0$22,442,314
90$26,480,535$0$0$24,493,275
91$28,914,705$0$0$26,745,932
92$31,588,755$0$0$29,220,622
93$34,526,888$0$0$31,939,749
94$37,755,767$0$0$34,927,992
95$41,304,766$0$0$38,212,544
96$45,206,247$0$0$41,823,361
97$49,495,864$0$0$45,793,444
98$54,212,897$0$0$50,159,154
99$59,400,624$0$0$54,960,553
100$65,106,727$0$0$60,241,777