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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.6%
1 years$124,694$123,584$122,500$121,442$120,410$116,230
2 years$61,730$60,580$59,466$58,386$57,338$53,170
3 years$40,744$39,590$38,478$37,408$36,377$32,353
4 years$30,254$29,103$28,002$26,951$25,945$22,093
5 years$23,961$22,817$21,731$20,701$19,723$16,055
6 years$19,767$18,632$17,562$16,554$15,606$12,125
7 years$16,773$15,647$14,594$13,610$12,692$9,397
8 years$14,528$13,412$12,377$11,417$10,529$7,418
9 years$12,783$11,678$10,660$9,725$8,867$5,935
10 years$11,388$10,293$9,294$8,383$7,555$4,798
11 years$10,247$9,164$8,182$7,296$6,498$3,909
12 years$9,297$8,225$7,261$6,399$5,631$3,205
13 years$8,494$7,433$6,488$5,650$4,910$2,641
14 years$7,806$6,756$5,829$5,015$4,304$2,185
15 years$7,211$6,172$5,263$4,473$3,790$1,814
16 years$6,690$5,663$4,772$4,005$3,349$1,509
17 years$6,231$5,215$4,342$3,598$2,970$1,259
18 years$5,823$4,819$3,964$3,243$2,641$1,052
19 years$5,459$4,466$3,629$2,930$2,354$880
20 years$5,132$4,150$3,330$2,654$2,102$737
21 years$4,836$3,866$3,063$2,408$1,881$618
22 years$4,568$3,608$2,823$2,190$1,686$519
23 years$4,323$3,375$2,607$1,994$1,514$436
24 years$4,099$3,162$2,411$1,819$1,361$367
25 years$3,893$2,967$2,233$1,661$1,224$308
26 years$3,703$2,789$2,071$1,519$1,103$259
27 years$3,528$2,625$1,923$1,390$994$218
28 years$3,365$2,473$1,788$1,274$897$184
29 years$3,214$2,333$1,664$1,168$810$155
30 years$3,074$2,204$1,549$1,072$732$130
31 years$2,942$2,083$1,445$985$662$110
32 years$2,819$1,971$1,348$905$599$92
33 years$2,704$1,867$1,258$832$542$78
34 years$2,596$1,769$1,176$766$491$66
35 years$2,494$1,678$1,099$705$444$55
36 years$2,398$1,593$1,028$649$403$47
37 years$2,308$1,513$963$598$365$39
38 years$2,222$1,438$901$551$331$33
39 years$2,141$1,367$844$508$300$28
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$14
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$8
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 $3,384 every year, while hoping to spend $22,007 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: 62/25/13 Blend
40$1,510,000$1,510,000$1,510,000$1,510,000
41$1,667,511$1,587,481$1,564,076$1,765,489
42$1,814,181$1,641,852$1,593,057$1,886,002
43$1,975,075$1,698,150$1,622,271$2,014,679
44$2,151,619$1,756,445$1,651,704$2,154,604
45$2,345,386$1,816,813$1,681,337$2,306,868
46$2,558,107$1,879,329$1,711,154$2,472,674
47$2,791,691$1,944,073$1,741,135$2,653,341
48$3,048,239$2,011,128$1,771,259$2,850,327
49$3,330,067$2,080,581$1,801,503$3,065,231
50$3,639,725$2,152,520$1,831,844$3,299,817
51$3,980,022$2,227,039$1,862,257$3,556,026
52$4,354,055$2,304,235$1,892,713$3,835,995
53$4,765,233$2,384,207$1,923,184$4,142,075
54$5,217,315$2,467,060$1,953,638$4,476,858
55$5,714,438$2,552,903$1,984,042$4,843,195
56$6,261,164$2,641,849$2,014,360$5,244,228
57$6,862,517$2,734,014$2,044,556$5,683,415
58$7,524,034$2,829,521$2,074,589$6,164,565
59$8,251,814$2,928,496$2,104,416$6,691,874
60$9,052,578$3,031,072$2,133,993$7,269,962
61$9,933,731$3,137,384$2,163,272$7,903,918
62$10,903,433$3,247,577$2,192,202$8,599,348
63$11,970,672$3,361,797$2,220,730$9,362,425
64$13,145,354$3,480,199$2,248,799$10,199,950
65$14,438,395$3,602,944$2,276,348$11,119,416
66$15,861,822$3,730,198$2,303,316$12,129,073
67$17,428,884$3,862,135$2,329,634$13,238,013
68$19,154,186$3,998,935$2,355,232$14,456,252
69$21,053,817$4,140,786$2,380,036$15,794,820
70$23,145,506$4,287,884$2,403,967$17,265,873
71$25,448,789$4,440,432$2,426,942$18,882,802
72$27,985,194$4,598,642$2,448,873$20,660,357
73$30,778,443$4,762,734$2,469,669$22,614,792
74$33,854,673$4,932,938$2,489,232$24,764,015
75$37,242,690$5,109,491$2,507,461$27,127,752
76$40,974,231$5,292,643$2,524,248$29,727,741
77$45,084,272$5,482,653$2,539,480$32,587,931
78$49,611,354$5,679,789$2,553,039$35,734,710
79$54,597,945$5,884,332$2,564,799$39,197,149
80$60,090,845$6,096,573$2,574,629$43,007,285
81$66,141,624$6,316,818$2,582,392$47,200,413
82$72,807,110$6,545,383$2,587,942$51,815,424
83$80,149,925$6,782,596$2,591,128$56,895,170
84$88,239,077$7,028,803$2,591,791$62,486,869
85$97,150,609$7,284,361$2,589,762$68,642,548
86$106,968,319$7,549,642$2,584,866$75,419,535
87$117,784,548$7,825,034$2,576,919$82,881,000
88$129,701,054$8,110,943$2,565,728$91,096,547
89$142,829,971$8,407,790$2,551,090$100,142,876
90$157,294,870$8,716,013$2,532,794$110,104,500
91$173,231,920$9,036,071$2,510,616$121,074,546
92$190,791,178$9,368,441$2,484,324$133,155,634
93$210,138,003$9,713,619$2,453,673$146,460,841
94$231,454,617$10,072,124$2,418,408$161,114,771
95$254,941,825$10,444,495$2,378,262$177,254,727
96$280,820,912$10,831,296$2,332,955$195,032,011
97$309,335,729$11,233,114$2,282,193$214,613,345
98$340,754,997$11,650,559$2,225,669$236,182,450
99$375,374,840$12,084,271$2,163,064$259,941,776
100$413,521,588$12,534,914$2,094,040$286,114,413