Can I retire at age 41 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$129,649$128,494$127,368$126,268$125,194$121,186
2 years$64,183$62,987$61,829$60,706$59,616$55,616
3 years$42,363$41,163$40,007$38,895$37,823$33,955
4 years$31,456$30,259$29,115$28,021$26,976$23,270
5 years$24,913$23,724$22,595$21,523$20,506$16,973
6 years$20,553$19,372$18,260$17,212$16,226$12,867
7 years$17,439$16,269$15,174$14,151$13,196$10,012
8 years$15,105$13,945$12,869$11,871$10,947$7,936
9 years$13,291$12,142$11,084$10,111$9,219$6,377
10 years$11,840$10,702$9,663$8,716$7,855$5,178
11 years$10,654$9,528$8,507$7,586$6,756$4,238
12 years$9,667$8,552$7,550$6,654$5,854$3,491
13 years$8,831$7,728$6,745$5,874$5,105$2,890
14 years$8,116$7,025$6,061$5,214$4,475$2,403
15 years$7,497$6,417$5,472$4,650$3,940$2,004
16 years$6,956$5,888$4,961$4,164$3,482$1,677
17 years$6,479$5,422$4,515$3,741$3,088$1,406
18 years$6,055$5,010$4,121$3,372$2,746$1,181
19 years$5,676$4,644$3,773$3,047$2,447$993
20 years$5,336$4,315$3,462$2,759$2,186$836
21 years$5,028$4,019$3,185$2,504$1,956$705
22 years$4,749$3,752$2,935$2,277$1,753$595
23 years$4,495$3,509$2,710$2,074$1,574$503
24 years$4,262$3,288$2,506$1,891$1,415$425
25 years$4,048$3,085$2,321$1,727$1,273$359
26 years$3,850$2,900$2,153$1,579$1,147$304
27 years$3,668$2,729$1,999$1,446$1,034$257
28 years$3,499$2,572$1,859$1,324$933$218
29 years$3,342$2,426$1,730$1,215$842$185
30 years$3,196$2,291$1,611$1,115$761$156
31 years$3,059$2,166$1,502$1,024$688$132
32 years$2,931$2,049$1,401$941$622$112
33 years$2,812$1,941$1,308$865$563$95
34 years$2,699$1,839$1,223$796$510$81
35 years$2,593$1,745$1,143$733$462$68
36 years$2,494$1,656$1,069$675$419$58
37 years$2,399$1,573$1,001$622$379$49
38 years$2,310$1,495$937$573$344$42
39 years$2,226$1,421$878$528$312$35
40 years$2,146$1,352$823$487$283$30
41 years$2,071$1,287$772$450$257$25
42 years$1,999$1,226$724$415$233$22
43 years$1,930$1,168$679$383$211$18
44 years$1,865$1,113$638$354$192$15
45 years$1,803$1,062$599$327$174$13
46 years$1,744$1,013$562$302$158$11
47 years$1,688$967$528$279$144$9
48 years$1,634$923$496$258$130$8
49 years$1,582$881$467$238$118$7
50 years$1,533$842$439$220$108$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,570,000, adding $3,519 every year, while hoping to spend $30,466 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: 35/49/16 Blend
40$1,570,000$1,570,000$1,570,000$1,570,000
41$1,733,770$1,650,560$1,626,225$1,785,796
42$1,878,199$1,699,022$1,648,288$1,872,406
43$2,036,338$1,748,837$1,670,069$1,962,674
44$2,209,555$1,800,040$1,691,526$2,059,419
45$2,399,353$1,852,666$1,712,616$2,163,232
46$2,607,390$1,906,749$1,733,291$2,274,764
47$2,835,491$1,962,327$1,753,504$2,394,727
48$3,085,666$2,019,436$1,773,201$2,523,909
49$3,360,128$2,078,113$1,792,328$2,663,172
50$3,661,318$2,138,396$1,810,827$2,813,469
51$3,991,919$2,200,325$1,828,637$2,975,844
52$4,354,893$2,263,939$1,845,694$3,151,449
53$4,753,497$2,329,277$1,861,930$3,341,551
54$5,191,323$2,396,380$1,877,273$3,547,543
55$5,672,325$2,465,291$1,891,649$3,770,960
56$6,200,861$2,536,049$1,904,979$4,013,490
57$6,781,732$2,608,699$1,917,179$4,276,995
58$7,420,226$2,683,282$1,928,161$4,563,520
59$8,122,169$2,759,843$1,937,835$4,875,321
60$8,893,980$2,838,425$1,946,102$5,214,881
61$9,742,732$2,919,073$1,952,862$5,584,932
62$10,676,215$3,001,833$1,958,008$5,988,487
63$11,703,015$3,086,749$1,961,427$6,428,860
64$12,832,591$3,173,867$1,963,003$6,909,705
65$14,075,362$3,263,234$1,962,611$7,435,044
66$15,442,813$3,354,896$1,960,122$8,009,309
67$16,947,594$3,448,900$1,955,400$8,637,381
68$18,603,646$3,545,294$1,948,303$9,324,638
69$20,426,328$3,644,123$1,938,682$10,077,004
70$22,432,565$3,745,436$1,926,379$10,901,004
71$24,641,004$3,849,280$1,911,230$11,803,830
72$27,072,194$3,955,703$1,893,064$12,793,401
73$29,748,777$4,064,751$1,871,700$13,878,447
74$32,695,700$4,176,472$1,846,950$15,068,582
75$35,940,455$4,290,912$1,818,617$16,374,401
76$39,513,333$4,408,119$1,786,492$17,807,579
77$43,447,714$4,528,137$1,750,360$19,380,976
78$47,780,378$4,651,014$1,709,995$21,108,766
79$52,551,855$4,776,792$1,665,159$23,006,565
80$57,806,807$4,905,517$1,615,604$25,091,581
81$63,594,445$5,037,231$1,561,070$27,382,773
82$69,968,999$5,171,977$1,501,287$29,901,037
83$76,990,228$5,309,795$1,435,971$32,669,393
84$84,723,980$5,450,724$1,364,825$35,713,213
85$93,242,819$5,594,802$1,287,540$39,060,451
86$102,626,705$5,742,065$1,203,790$42,741,914
87$112,963,750$5,892,548$1,113,238$46,791,548
88$124,351,051$6,046,281$1,015,530$51,246,762
89$136,895,604$6,203,295$910,297$56,148,778
90$150,715,315$6,363,616$797,151$61,543,023
91$165,940,112$6,527,267$675,690$67,479,555
92$182,713,171$6,694,271$545,494$74,013,540
93$201,192,268$6,864,644$406,121$81,205,767
94$221,551,266$7,038,399$257,114$89,123,228
95$243,981,761$7,215,546$97,992$97,839,746
96$268,694,882$7,396,089$0$107,436,674
97$295,923,291$7,580,029$0$118,015,925
98$325,923,377$7,767,360$0$129,682,685
99$358,977,672$7,958,071$0$142,529,172
100$395,397,524$8,152,146$0$156,675,466