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%19.7%
1 years$76,386$75,705$75,041$74,393$73,761$70,890
2 years$37,815$37,110$36,428$35,766$35,124$32,267
3 years$24,959$24,252$23,571$22,916$22,284$19,530
4 years$18,533$17,828$17,154$16,509$15,893$13,263
5 years$14,678$13,977$13,312$12,681$12,082$9,583
6 years$12,109$11,413$10,758$10,141$9,560$7,193
7 years$10,275$9,585$8,940$8,337$7,775$5,540
8 years$8,900$8,216$7,582$6,994$6,450$4,344
9 years$7,831$7,154$6,530$5,957$5,432$3,453
10 years$6,976$6,306$5,693$5,135$4,628$2,772
11 years$6,277$5,613$5,012$4,469$3,980$2,242
12 years$5,695$5,038$4,448$3,920$3,449$1,825
13 years$5,203$4,553$3,974$3,461$3,008$1,493
14 years$4,782$4,139$3,571$3,072$2,637$1,225
15 years$4,417$3,781$3,224$2,740$2,322$1,009
16 years$4,098$3,469$2,923$2,453$2,052$833
17 years$3,817$3,195$2,660$2,204$1,819$689
18 years$3,567$2,952$2,428$1,986$1,618$571
19 years$3,344$2,736$2,223$1,795$1,442$474
20 years$3,144$2,542$2,040$1,626$1,288$394
21 years$2,963$2,368$1,876$1,475$1,152$327
22 years$2,798$2,211$1,729$1,341$1,033$273
23 years$2,648$2,067$1,597$1,222$927$227
24 years$2,511$1,937$1,477$1,114$833$189
25 years$2,385$1,818$1,368$1,018$750$158
26 years$2,269$1,708$1,269$930$676$131
27 years$2,161$1,608$1,178$852$609$110
28 years$2,062$1,515$1,095$780$550$91
29 years$1,969$1,429$1,019$716$496$76
30 years$1,883$1,350$949$657$448$64
31 years$1,802$1,276$885$603$405$53
32 years$1,727$1,207$826$554$367$44
33 years$1,657$1,143$771$510$332$37
34 years$1,590$1,084$720$469$300$31
35 years$1,528$1,028$673$432$272$26
36 years$1,469$976$630$398$247$22
37 years$1,414$927$590$366$223$18
38 years$1,361$881$552$338$203$15
39 years$1,312$837$517$311$184$13
40 years$1,265$797$485$287$167$11
41 years$1,220$758$455$265$151$9
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$4
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 $5,496 every year, while hoping to spend $47,260 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: 67/21/12 Blend
40$925,000$925,000$925,000$925,000
41$1,025,019$975,994$961,657$1,090,610
42$1,079,287$973,534$943,588$1,132,520
43$1,137,506$969,368$923,330$1,172,207
44$1,200,029$963,365$900,759$1,214,384
45$1,267,245$955,383$875,747$1,259,290
46$1,339,578$945,271$848,159$1,307,191
47$1,417,496$932,870$817,853$1,358,379
48$1,501,512$918,012$784,683$1,413,178
49$1,592,190$900,518$748,493$1,471,944
50$1,690,149$880,199$709,123$1,535,075
51$1,796,069$856,854$666,404$1,603,008
52$1,910,700$830,272$620,160$1,676,226
53$2,034,863$800,227$570,207$1,755,266
54$2,169,463$766,482$516,353$1,840,717
55$2,315,493$728,785$458,396$1,933,235
56$2,474,049$686,870$396,128$2,033,543
57$2,646,332$640,457$329,328$2,142,440
58$2,833,665$589,247$257,768$2,260,808
59$3,037,505$532,926$181,209$2,389,624
60$3,259,453$471,162$99,402$2,529,967
61$3,501,271$403,603$12,086$2,683,029
62$3,764,900$329,878$0$2,850,126
63$4,052,473$249,596$0$3,043,096
64$4,366,341$162,341$0$3,255,491
65$4,709,089$67,678$0$3,487,572
66$5,083,566$0$0$3,741,342
67$5,492,904$0$0$4,027,062
68$5,940,556$0$0$4,356,681
69$6,430,321$0$0$4,717,366
70$6,966,382$0$0$5,112,204
71$7,553,347$0$0$5,544,596
72$8,196,289$0$0$6,018,286
73$8,900,794$0$0$6,537,400
74$9,673,017$0$0$7,106,479
75$10,519,732$0$0$7,730,525
76$11,448,405$0$0$8,415,048
77$12,467,256$0$0$9,166,116
78$13,585,340$0$0$9,990,415
79$14,812,631$0$0$10,895,307
80$16,160,115$0$0$11,888,903
81$17,639,895$0$0$12,980,137
82$19,265,304$0$0$14,178,852
83$21,051,027$0$0$15,495,890
84$23,013,246$0$0$16,943,196
85$25,169,783$0$0$18,533,929
86$27,540,277$0$0$20,282,587
87$30,146,361$0$0$22,205,141
88$33,011,871$0$0$24,319,188
89$36,163,065$0$0$26,644,115
90$39,628,877$0$0$29,201,282
91$43,441,183$0$0$32,014,224
92$47,635,105$0$0$35,108,869
93$52,249,338$0$0$38,513,788
94$57,326,520$0$0$42,260,459
95$62,913,628$0$0$46,383,565
96$69,062,426$0$0$50,921,324
97$75,829,946$0$0$55,915,843
98$83,279,033$0$0$61,413,519
99$91,478,931$0$0$67,465,478
100$100,505,940$0$0$74,128,052