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%15.7%
1 years$124,694$123,584$122,500$121,442$120,410$117,594
2 years$61,730$60,580$59,466$58,386$57,338$54,517
3 years$40,744$39,590$38,478$37,408$36,377$33,640
4 years$30,254$29,103$28,002$26,951$25,945$23,312
5 years$23,961$22,817$21,731$20,701$19,723$17,201
6 years$19,767$18,632$17,562$16,554$15,606$13,198
7 years$16,773$15,647$14,594$13,610$12,692$10,399
8 years$14,528$13,412$12,377$11,417$10,529$8,349
9 years$12,783$11,678$10,660$9,725$8,867$6,799
10 years$11,388$10,293$9,294$8,383$7,555$5,597
11 years$10,247$9,164$8,182$7,296$6,498$4,646
12 years$9,297$8,225$7,261$6,399$5,631$3,883
13 years$8,494$7,433$6,488$5,650$4,910$3,263
14 years$7,806$6,756$5,829$5,015$4,304$2,754
15 years$7,211$6,172$5,263$4,473$3,790$2,333
16 years$6,690$5,663$4,772$4,005$3,349$1,983
17 years$6,231$5,215$4,342$3,598$2,970$1,689
18 years$5,823$4,819$3,964$3,243$2,641$1,442
19 years$5,459$4,466$3,629$2,930$2,354$1,233
20 years$5,132$4,150$3,330$2,654$2,102$1,056
21 years$4,836$3,866$3,063$2,408$1,881$906
22 years$4,568$3,608$2,823$2,190$1,686$778
23 years$4,323$3,375$2,607$1,994$1,514$668
24 years$4,099$3,162$2,411$1,819$1,361$575
25 years$3,893$2,967$2,233$1,661$1,224$495
26 years$3,703$2,789$2,071$1,519$1,103$426
27 years$3,528$2,625$1,923$1,390$994$367
28 years$3,365$2,473$1,788$1,274$897$316
29 years$3,214$2,333$1,664$1,168$810$273
30 years$3,074$2,204$1,549$1,072$732$235
31 years$2,942$2,083$1,445$985$662$203
32 years$2,819$1,971$1,348$905$599$175
33 years$2,704$1,867$1,258$832$542$151
34 years$2,596$1,769$1,176$766$491$131
35 years$2,494$1,678$1,099$705$444$113
36 years$2,398$1,593$1,028$649$403$97
37 years$2,308$1,513$963$598$365$84
38 years$2,222$1,438$901$551$331$73
39 years$2,141$1,367$844$508$300$63
40 years$2,064$1,301$792$469$272$54
41 years$1,992$1,238$742$433$247$47
42 years$1,922$1,179$696$399$224$40
43 years$1,857$1,123$653$368$203$35
44 years$1,794$1,071$613$340$184$30
45 years$1,734$1,021$576$314$167$26
46 years$1,678$974$541$290$152$23
47 years$1,623$930$508$268$138$20
48 years$1,571$887$477$248$125$17
49 years$1,522$847$449$229$114$15
50 years$1,474$809$422$212$103$13

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 $6,061 every year, while hoping to spend $34,739 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: 67/14/19 Blend
40$1,510,000$1,510,000$1,510,000$1,510,000
41$1,670,272$1,590,242$1,566,837$1,773,933
42$1,803,678$1,631,202$1,582,364$1,885,021
43$1,949,526$1,673,004$1,597,247$2,001,864
44$2,109,051$1,715,654$1,611,427$2,128,793
45$2,283,608$1,759,155$1,624,844$2,266,800
46$2,474,692$1,803,510$1,637,432$2,416,975
47$2,683,948$1,848,720$1,649,124$2,580,520
48$2,913,190$1,894,785$1,659,848$2,758,760
49$3,164,411$1,941,706$1,669,529$2,953,153
50$3,439,810$1,989,479$1,678,088$3,165,306
51$3,741,808$2,038,100$1,685,441$3,396,989
52$4,073,070$2,087,565$1,691,501$3,650,153
53$4,436,534$2,137,866$1,696,176$3,926,947
54$4,835,433$2,188,994$1,699,371$4,229,740
55$5,273,330$2,240,938$1,700,983$4,561,140
56$5,754,151$2,293,685$1,700,907$4,924,023
57$6,282,218$2,347,219$1,699,031$5,321,556
58$6,862,293$2,401,523$1,695,238$5,757,231
59$7,499,624$2,456,574$1,689,406$6,234,893
60$8,199,991$2,512,351$1,681,405$6,758,783
61$8,969,760$2,568,826$1,671,102$7,333,571
62$9,815,946$2,625,969$1,658,355$7,964,404
63$10,746,278$2,683,748$1,643,016$8,656,956
64$11,769,272$2,742,124$1,624,930$9,417,476
65$12,894,307$2,801,058$1,603,934$10,252,855
66$14,131,719$2,860,503$1,579,859$11,170,682
67$15,492,897$2,920,410$1,552,527$12,179,325
68$16,990,386$2,980,724$1,521,751$13,288,002
69$18,638,012$3,041,386$1,487,336$14,506,874
70$20,451,006$3,102,330$1,449,078$15,847,137
71$22,446,151$3,163,486$1,406,764$17,321,131
72$24,641,938$3,224,777$1,360,171$18,942,453
73$27,058,743$3,286,119$1,309,064$20,726,091
74$29,719,018$3,347,421$1,253,200$22,688,560
75$32,647,499$3,408,586$1,192,324$24,848,060
76$35,871,445$3,469,509$1,126,168$27,224,649
77$39,420,892$3,530,074$1,054,454$29,840,432
78$43,328,935$3,590,159$976,890$32,719,771
79$47,632,042$3,649,633$893,172$35,889,513
80$52,370,398$3,708,353$802,981$39,379,243
81$57,588,283$3,766,167$705,986$43,221,569
82$63,334,490$3,822,911$601,838$47,452,424
83$69,662,784$3,878,409$490,175$52,111,409
84$76,632,411$3,932,475$370,620$57,242,166
85$84,308,658$3,984,907$242,776$62,892,791
86$92,763,463$4,035,489$106,231$69,116,288
87$102,076,101$4,083,993$0$75,971,070
88$112,333,927$4,130,172$0$83,529,517
89$123,633,203$4,173,766$0$91,878,070
90$136,080,003$4,214,494$0$101,073,447
91$149,791,217$4,252,058$0$111,201,909
92$164,895,653$4,286,141$0$122,358,513
93$181,535,252$4,316,404$0$134,648,009
94$199,866,428$4,342,488$0$148,185,830
95$220,061,544$4,364,010$0$163,099,182
96$242,310,536$4,380,561$0$179,528,242
97$266,822,711$4,391,709$0$197,627,485
98$293,828,718$4,396,993$0$217,567,140
99$323,582,725$4,395,924$0$239,534,798
100$356,364,821$4,387,981$0$263,737,181