Can I retire at age 41 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$126,346$125,221$124,123$123,051$122,004$118,670
2 years$62,548$61,383$60,254$59,159$58,097$54,762
3 years$41,284$40,114$38,988$37,904$36,859$33,628
4 years$30,655$29,488$28,373$27,308$26,288$23,186
5 years$24,278$23,119$22,019$20,975$19,984$17,019
6 years$20,029$18,878$17,795$16,774$15,813$12,987
7 years$16,995$15,854$14,787$13,791$12,860$10,175
8 years$14,721$13,590$12,541$11,569$10,669$8,122
9 years$12,952$11,832$10,801$9,854$8,984$6,574
10 years$11,539$10,430$9,417$8,494$7,655$5,378
11 years$10,383$9,285$8,291$7,392$6,584$4,436
12 years$9,420$8,334$7,358$6,484$5,705$3,683
13 years$8,606$7,531$6,574$5,725$4,975$3,074
14 years$7,910$6,846$5,906$5,082$4,361$2,577
15 years$7,306$6,254$5,333$4,532$3,840$2,168
16 years$6,778$5,738$4,835$4,058$3,394$1,829
17 years$6,313$5,284$4,399$3,646$3,009$1,547
18 years$5,901$4,883$4,016$3,286$2,676$1,311
19 years$5,532$4,525$3,677$2,969$2,385$1,113
20 years$5,200$4,205$3,374$2,689$2,130$946
21 years$4,900$3,917$3,104$2,440$1,906$805
22 years$4,628$3,656$2,860$2,219$1,709$686
23 years$4,380$3,420$2,641$2,021$1,534$585
24 years$4,153$3,204$2,443$1,843$1,379$499
25 years$3,945$3,007$2,262$1,683$1,241$426
26 years$3,752$2,826$2,098$1,539$1,117$364
27 years$3,575$2,660$1,948$1,409$1,007$311
28 years$3,410$2,506$1,811$1,291$909$266
29 years$3,257$2,364$1,686$1,184$821$227
30 years$3,114$2,233$1,570$1,086$742$195
31 years$2,981$2,111$1,464$998$671$167
32 years$2,857$1,997$1,366$917$607$143
33 years$2,740$1,891$1,275$843$549$122
34 years$2,630$1,793$1,191$776$497$104
35 years$2,527$1,700$1,114$714$450$89
36 years$2,430$1,614$1,042$658$408$77
37 years$2,338$1,533$975$606$370$66
38 years$2,252$1,457$913$559$335$56
39 years$2,170$1,385$856$515$304$48
40 years$2,092$1,318$802$475$276$41
41 years$2,018$1,254$752$438$250$35
42 years$1,948$1,195$705$404$227$30
43 years$1,881$1,138$662$373$206$26
44 years$1,818$1,085$621$345$187$22
45 years$1,757$1,035$583$318$170$19
46 years$1,700$987$548$294$154$16
47 years$1,645$942$515$272$140$14
48 years$1,592$899$484$251$127$12
49 years$1,542$859$455$232$115$10
50 years$1,494$820$428$214$105$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,530,000, adding $5,003 every year, while hoping to spend $32,432 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: 49/42/9 Blend
40$1,530,000$1,530,000$1,530,000$1,530,000
41$1,691,221$1,610,131$1,586,416$1,769,797
42$1,829,218$1,654,520$1,605,053$1,868,522
43$1,980,204$1,699,997$1,623,228$1,971,858
44$2,145,469$1,746,581$1,640,891$2,083,348
45$2,326,434$1,794,291$1,657,988$2,203,761
46$2,524,666$1,843,146$1,674,466$2,333,947
47$2,741,886$1,893,165$1,690,265$2,474,839
48$2,979,993$1,944,365$1,705,324$2,627,464
49$3,241,078$1,996,765$1,719,578$2,792,953
50$3,527,443$2,050,381$1,732,959$2,972,551
51$3,841,625$2,105,232$1,745,395$3,167,628
52$4,186,415$2,161,334$1,756,811$3,379,693
53$4,564,893$2,218,702$1,767,127$3,610,407
54$4,980,446$2,277,352$1,776,260$3,861,599
55$5,436,808$2,337,299$1,784,121$4,135,285
56$5,938,093$2,398,557$1,790,619$4,433,681
57$6,488,830$2,461,139$1,795,657$4,759,233
58$7,094,012$2,525,056$1,799,133$5,114,630
59$7,759,138$2,590,319$1,800,940$5,502,838
60$8,490,264$2,656,939$1,800,966$5,927,121
61$9,294,065$2,724,924$1,799,093$6,391,076
62$10,177,895$2,794,280$1,795,198$6,898,665
63$11,149,855$2,865,014$1,789,151$7,454,254
64$12,218,869$2,937,129$1,780,816$8,062,651
65$13,394,772$3,010,627$1,770,052$8,729,154
66$14,688,399$3,085,508$1,756,709$9,459,600
67$16,111,688$3,161,770$1,740,631$10,260,420
68$17,677,792$3,239,409$1,721,655$11,138,699
69$19,401,205$3,318,417$1,699,607$12,102,245
70$21,297,894$3,398,786$1,674,310$13,159,660
71$23,385,455$3,480,502$1,645,575$14,320,422
72$25,683,275$3,563,551$1,613,206$15,594,974
73$28,212,716$3,647,912$1,576,996$16,994,824
74$30,997,318$3,733,565$1,536,730$18,532,654
75$34,063,017$3,820,482$1,492,183$20,222,436
76$37,438,392$3,908,632$1,443,118$22,079,568
77$41,154,935$3,997,983$1,389,290$24,121,015
78$45,247,347$4,088,493$1,330,440$26,365,476
79$49,753,866$4,180,118$1,266,299$28,833,552
80$54,716,624$4,272,808$1,196,584$31,547,947
81$60,182,052$4,366,508$1,121,002$34,533,681
82$66,201,310$4,461,155$1,039,244$37,818,323
83$72,830,774$4,556,682$950,989$41,432,256
84$80,132,567$4,653,014$855,901$45,408,960
85$88,175,144$4,750,066$753,629$49,785,331
86$97,033,939$4,847,750$643,806$54,602,029
87$106,792,076$4,945,965$526,049$59,903,860
88$117,541,155$5,044,604$399,958$65,740,200
89$129,382,112$5,143,549$265,116$72,165,464
90$142,426,178$5,242,673$121,088$79,239,618
91$156,795,921$5,341,838$0$87,028,743
92$172,626,410$5,440,893$0$95,608,795
93$190,066,485$5,539,677$0$105,069,509
94$209,280,160$5,638,015$0$115,487,732
95$230,448,177$5,735,719$0$126,960,979
96$253,769,708$5,832,585$0$139,596,707
97$279,464,233$5,928,397$0$153,513,336
98$307,773,615$6,022,918$0$168,841,364
99$338,964,381$6,115,899$0$185,724,599
100$373,330,237$6,207,067$0$204,321,518