Can I retire at age 41 with 1,510,000?

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 $1,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$124,694$123,584$122,500$121,442$120,410$116,276
2 years$61,730$60,580$59,466$58,386$57,338$53,216
3 years$40,744$39,590$38,478$37,408$36,377$32,396
4 years$30,254$29,103$28,002$26,951$25,945$22,134
5 years$23,961$22,817$21,731$20,701$19,723$16,093
6 years$19,767$18,632$17,562$16,554$15,606$12,161
7 years$16,773$15,647$14,594$13,610$12,692$9,430
8 years$14,528$13,412$12,377$11,417$10,529$7,448
9 years$12,783$11,678$10,660$9,725$8,867$5,963
10 years$11,388$10,293$9,294$8,383$7,555$4,823
11 years$10,247$9,164$8,182$7,296$6,498$3,933
12 years$9,297$8,225$7,261$6,399$5,631$3,227
13 years$8,494$7,433$6,488$5,650$4,910$2,661
14 years$7,806$6,756$5,829$5,015$4,304$2,203
15 years$7,211$6,172$5,263$4,473$3,790$1,830
16 years$6,690$5,663$4,772$4,005$3,349$1,524
17 years$6,231$5,215$4,342$3,598$2,970$1,272
18 years$5,823$4,819$3,964$3,243$2,641$1,063
19 years$5,459$4,466$3,629$2,930$2,354$890
20 years$5,132$4,150$3,330$2,654$2,102$747
21 years$4,836$3,866$3,063$2,408$1,881$627
22 years$4,568$3,608$2,823$2,190$1,686$526
23 years$4,323$3,375$2,607$1,994$1,514$443
24 years$4,099$3,162$2,411$1,819$1,361$372
25 years$3,893$2,967$2,233$1,661$1,224$313
26 years$3,703$2,789$2,071$1,519$1,103$264
27 years$3,528$2,625$1,923$1,390$994$222
28 years$3,365$2,473$1,788$1,274$897$187
29 years$3,214$2,333$1,664$1,168$810$158
30 years$3,074$2,204$1,549$1,072$732$133
31 years$2,942$2,083$1,445$985$662$112
32 years$2,819$1,971$1,348$905$599$95
33 years$2,704$1,867$1,258$832$542$80
34 years$2,596$1,769$1,176$766$491$67
35 years$2,494$1,678$1,099$705$444$57
36 years$2,398$1,593$1,028$649$403$48
37 years$2,308$1,513$963$598$365$40
38 years$2,222$1,438$901$551$331$34
39 years$2,141$1,367$844$508$300$29
40 years$2,064$1,301$792$469$272$24
41 years$1,992$1,238$742$433$247$20
42 years$1,922$1,179$696$399$224$17
43 years$1,857$1,123$653$368$203$15
44 years$1,794$1,071$613$340$184$12
45 years$1,734$1,021$576$314$167$10
46 years$1,678$974$541$290$152$9
47 years$1,623$930$508$268$138$7
48 years$1,571$887$477$248$125$6
49 years$1,522$847$449$229$114$5
50 years$1,474$809$422$212$103$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,510,000, adding $5,693 every year, while hoping to spend $53,259 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: 51/30/19 Blend
40$1,510,000$1,510,000$1,510,000$1,510,000
41$1,669,892$1,589,862$1,566,457$1,746,011
42$1,783,554$1,611,098$1,562,266$1,820,322
43$1,907,025$1,631,590$1,556,150$1,895,093
44$2,041,248$1,651,245$1,547,988$1,975,246
45$2,187,262$1,669,963$1,537,653$2,061,309
46$2,346,211$1,687,639$1,525,012$2,153,865
47$2,519,352$1,704,161$1,509,928$2,253,559
48$2,708,069$1,719,408$1,492,253$2,361,102
49$2,913,885$1,733,252$1,471,837$2,477,279
50$3,138,477$1,745,557$1,448,519$2,602,959
51$3,383,689$1,756,176$1,422,131$2,739,101
52$3,651,553$1,764,957$1,392,500$2,886,763
53$3,944,305$1,771,733$1,359,443$3,047,115
54$4,264,407$1,776,331$1,322,767$3,221,447
55$4,614,569$1,778,564$1,282,273$3,411,186
56$4,997,777$1,778,235$1,237,751$3,617,905
57$5,417,316$1,775,135$1,188,981$3,843,344
58$5,876,806$1,769,040$1,135,736$4,089,421
59$6,380,232$1,759,715$1,077,775$4,358,254
60$6,931,983$1,746,909$1,014,848$4,652,184
61$7,536,894$1,730,355$946,693$4,973,791
62$8,200,287$1,709,773$873,038$5,325,926
63$8,928,027$1,684,863$793,595$5,711,734
64$9,726,573$1,655,308$708,068$6,134,688
65$10,603,040$1,620,774$616,144$6,598,619
66$11,565,263$1,580,905$517,498$7,107,756
67$12,621,875$1,535,325$411,790$7,666,767
68$13,782,386$1,483,635$298,664$8,280,800
69$15,057,271$1,425,415$177,751$8,955,538
70$16,458,070$1,360,218$48,664$9,697,251
71$17,997,497$1,287,573$0$10,512,856
72$19,689,558$1,206,980$0$11,428,048
73$21,549,683$1,117,912$0$12,444,888
74$23,594,872$1,019,811$0$13,562,877
75$25,843,854$912,087$0$14,792,356
76$28,317,266$794,118$0$16,144,725
77$31,037,841$665,244$0$17,632,555
78$34,030,630$524,770$0$19,269,704
79$37,323,232$371,961$0$21,071,451
80$40,946,055$206,041$0$23,054,642
81$44,932,606$26,191$0$25,237,849
82$49,319,802$0$0$27,641,548
83$54,148,320$0$0$30,343,923
84$59,462,981$0$0$33,328,080
85$65,313,171$0$0$36,613,127
86$71,753,306$0$0$40,229,645
87$78,843,348$0$0$44,211,331
88$86,649,367$0$0$48,595,313
89$95,244,166$0$0$53,422,506
90$104,707,967$0$0$58,737,993
91$115,129,165$0$0$64,591,450
92$126,605,166$0$0$71,037,619
93$139,243,304$0$0$78,136,819
94$153,161,851$0$0$85,955,519
95$168,491,134$0$0$94,566,961
96$185,374,769$0$0$104,051,855
97$203,971,006$0$0$114,499,140
98$224,454,232$0$0$126,006,818
99$247,016,610$0$0$138,682,886
100$271,869,894$0$0$152,646,349