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%14.1%
1 years$124,694$123,584$122,500$121,442$120,410$118,366
2 years$61,730$60,580$59,466$58,386$57,338$55,285
3 years$40,744$39,590$38,478$37,408$36,377$34,380
4 years$30,254$29,103$28,002$26,951$25,945$24,017
5 years$23,961$22,817$21,731$20,701$19,723$17,871
6 years$19,767$18,632$17,562$16,554$15,606$13,833
7 years$16,773$15,647$14,594$13,610$12,692$10,997
8 years$14,528$13,412$12,377$11,417$10,529$8,912
9 years$12,783$11,678$10,660$9,725$8,867$7,327
10 years$11,388$10,293$9,294$8,383$7,555$6,091
11 years$10,247$9,164$8,182$7,296$6,498$5,108
12 years$9,297$8,225$7,261$6,399$5,631$4,314
13 years$8,494$7,433$6,488$5,650$4,910$3,664
14 years$7,806$6,756$5,829$5,015$4,304$3,126
15 years$7,211$6,172$5,263$4,473$3,790$2,678
16 years$6,690$5,663$4,772$4,005$3,349$2,301
17 years$6,231$5,215$4,342$3,598$2,970$1,983
18 years$5,823$4,819$3,964$3,243$2,641$1,713
19 years$5,459$4,466$3,629$2,930$2,354$1,482
20 years$5,132$4,150$3,330$2,654$2,102$1,285
21 years$4,836$3,866$3,063$2,408$1,881$1,116
22 years$4,568$3,608$2,823$2,190$1,686$970
23 years$4,323$3,375$2,607$1,994$1,514$844
24 years$4,099$3,162$2,411$1,819$1,361$735
25 years$3,893$2,967$2,233$1,661$1,224$641
26 years$3,703$2,789$2,071$1,519$1,103$559
27 years$3,528$2,625$1,923$1,390$994$488
28 years$3,365$2,473$1,788$1,274$897$426
29 years$3,214$2,333$1,664$1,168$810$372
30 years$3,074$2,204$1,549$1,072$732$325
31 years$2,942$2,083$1,445$985$662$284
32 years$2,819$1,971$1,348$905$599$249
33 years$2,704$1,867$1,258$832$542$218
34 years$2,596$1,769$1,176$766$491$190
35 years$2,494$1,678$1,099$705$444$167
36 years$2,398$1,593$1,028$649$403$146
37 years$2,308$1,513$963$598$365$128
38 years$2,222$1,438$901$551$331$112
39 years$2,141$1,367$844$508$300$98
40 years$2,064$1,301$792$469$272$86
41 years$1,992$1,238$742$433$247$75
42 years$1,922$1,179$696$399$224$66
43 years$1,857$1,123$653$368$203$58
44 years$1,794$1,071$613$340$184$50
45 years$1,734$1,021$576$314$167$44
46 years$1,678$974$541$290$152$39
47 years$1,623$930$508$268$138$34
48 years$1,571$887$477$248$125$30
49 years$1,522$847$449$229$114$26
50 years$1,474$809$422$212$103$23

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 $3,133 every year, while hoping to spend $31,127 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: 23/47/30 Blend
40$1,510,000$1,510,000$1,510,000$1,510,000
41$1,667,252$1,587,222$1,563,817$1,689,808
42$1,804,192$1,631,877$1,583,086$1,754,563
43$1,954,058$1,677,676$1,601,957$1,821,039
44$2,118,134$1,724,644$1,620,384$1,891,556
45$2,297,835$1,772,804$1,638,319$1,966,471
46$2,494,721$1,822,178$1,655,709$2,046,173
47$2,710,508$1,872,790$1,672,501$2,131,093
48$2,947,088$1,924,665$1,688,638$2,221,704
49$3,206,541$1,977,824$1,704,058$2,318,526
50$3,491,163$2,032,292$1,718,699$2,422,134
51$3,803,480$2,088,092$1,732,493$2,533,157
52$4,146,273$2,145,247$1,745,370$2,652,291
53$4,522,609$2,203,780$1,757,255$2,780,301
54$4,935,864$2,263,714$1,768,072$2,918,031
55$5,389,757$2,325,071$1,777,737$3,066,407
56$5,888,386$2,387,873$1,786,165$3,226,454
57$6,436,264$2,452,142$1,793,265$3,399,299
58$7,038,365$2,517,899$1,798,941$3,586,181
59$7,700,167$2,585,164$1,803,094$3,788,470
60$8,427,704$2,653,958$1,805,619$4,007,672
61$9,227,628$2,724,300$1,806,405$4,245,447
62$10,107,263$2,796,208$1,805,336$4,503,628
63$11,074,681$2,869,699$1,802,292$4,784,229
64$12,138,775$2,944,791$1,797,145$5,089,474
65$13,309,342$3,021,497$1,789,762$5,421,812
66$14,597,178$3,099,834$1,780,002$5,783,943
67$16,014,177$3,179,813$1,767,719$6,178,844
68$17,573,445$3,261,446$1,752,760$6,609,793
69$19,289,422$3,344,742$1,734,963$7,080,406
70$21,178,018$3,429,709$1,714,159$7,594,667
71$23,256,765$3,516,354$1,690,172$8,156,969
72$25,544,980$3,604,680$1,662,817$8,772,150
73$28,063,947$3,694,688$1,631,901$9,445,549
74$30,837,120$3,786,379$1,597,220$10,183,045
75$33,890,343$3,879,748$1,558,563$10,991,122
76$37,252,090$3,974,788$1,515,708$11,876,925
77$40,953,742$4,071,491$1,468,423$12,848,332
78$45,029,873$4,169,844$1,416,465$13,914,024
79$49,518,584$4,269,830$1,359,579$15,083,571
80$54,461,856$4,371,428$1,297,502$16,367,523
81$59,905,952$4,474,614$1,229,955$17,777,506
82$65,901,848$4,579,360$1,156,648$19,326,337
83$72,505,719$4,685,631$1,077,278$21,028,145
84$79,779,464$4,793,389$991,529$22,898,500
85$87,791,294$4,902,589$899,069$24,954,567
86$96,616,371$5,013,181$799,553$27,215,265
87$106,337,522$5,125,108$692,619$29,701,447
88$117,046,019$5,238,308$577,891$32,436,101
89$128,842,437$5,352,710$454,976$35,444,560
90$141,837,609$5,468,235$323,460$38,754,751
91$156,153,665$5,584,799$182,916$42,397,454
92$171,925,191$5,702,306$32,896$46,406,595
93$189,300,493$5,820,652$0$50,819,568
94$208,443,003$5,939,723$0$55,718,307
95$229,532,815$6,059,396$0$61,121,406
96$252,768,390$6,179,534$0$67,068,558
97$278,368,425$6,299,990$0$73,615,120
98$306,573,920$6,420,605$0$80,822,096
99$337,650,451$6,541,206$0$88,756,711
100$371,890,677$6,661,605$0$97,493,049