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%12%
1 years$129,649$128,494$127,368$126,268$125,194$124,145
2 years$64,183$62,987$61,829$60,706$59,616$58,559
3 years$42,363$41,163$40,007$38,895$37,823$36,790
4 years$31,456$30,259$29,115$28,021$26,976$25,975
5 years$24,913$23,724$22,595$21,523$20,506$19,542
6 years$20,553$19,372$18,260$17,212$16,226$15,298
7 years$17,439$16,269$15,174$14,151$13,196$12,305
8 years$15,105$13,945$12,869$11,871$10,947$10,093
9 years$13,291$12,142$11,084$10,111$9,219$8,402
10 years$11,840$10,702$9,663$8,716$7,855$7,074
11 years$10,654$9,528$8,507$7,586$6,756$6,011
12 years$9,667$8,552$7,550$6,654$5,854$5,144
13 years$8,831$7,728$6,745$5,874$5,105$4,429
14 years$8,116$7,025$6,061$5,214$4,475$3,833
15 years$7,497$6,417$5,472$4,650$3,940$3,330
16 years$6,956$5,888$4,961$4,164$3,482$2,904
17 years$6,479$5,422$4,515$3,741$3,088$2,540
18 years$6,055$5,010$4,121$3,372$2,746$2,227
19 years$5,676$4,644$3,773$3,047$2,447$1,957
20 years$5,336$4,315$3,462$2,759$2,186$1,723
21 years$5,028$4,019$3,185$2,504$1,956$1,520
22 years$4,749$3,752$2,935$2,277$1,753$1,342
23 years$4,495$3,509$2,710$2,074$1,574$1,187
24 years$4,262$3,288$2,506$1,891$1,415$1,051
25 years$4,048$3,085$2,321$1,727$1,273$931
26 years$3,850$2,900$2,153$1,579$1,147$826
27 years$3,668$2,729$1,999$1,446$1,034$733
28 years$3,499$2,572$1,859$1,324$933$651
29 years$3,342$2,426$1,730$1,215$842$579
30 years$3,196$2,291$1,611$1,115$761$514
31 years$3,059$2,166$1,502$1,024$688$458
32 years$2,931$2,049$1,401$941$622$407
33 years$2,812$1,941$1,308$865$563$363
34 years$2,699$1,839$1,223$796$510$323
35 years$2,593$1,745$1,143$733$462$288
36 years$2,494$1,656$1,069$675$419$256
37 years$2,399$1,573$1,001$622$379$228
38 years$2,310$1,495$937$573$344$204
39 years$2,226$1,421$878$528$312$181
40 years$2,146$1,352$823$487$283$162
41 years$2,071$1,287$772$450$257$144
42 years$1,999$1,226$724$415$233$129
43 years$1,930$1,168$679$383$211$115
44 years$1,865$1,113$638$354$192$102
45 years$1,803$1,062$599$327$174$91
46 years$1,744$1,013$562$302$158$82
47 years$1,688$967$528$279$144$73
48 years$1,634$923$496$258$130$65
49 years$1,582$881$467$238$118$58
50 years$1,533$842$439$220$108$52

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 $5,081 every year, while hoping to spend $25,059 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: 69/9/22 Blend
40$1,570,000$1,570,000$1,570,000$1,570,000
41$1,735,381$1,652,171$1,627,836$1,845,221
42$1,885,727$1,706,465$1,655,706$1,973,625
43$2,050,569$1,762,579$1,683,670$2,110,692
44$2,231,358$1,820,577$1,711,704$2,260,082
45$2,429,694$1,880,523$1,739,784$2,423,010
46$2,647,339$1,942,484$1,767,882$2,600,817
47$2,886,233$2,006,531$1,795,971$2,794,978
48$3,148,513$2,072,735$1,824,021$3,007,119
49$3,436,534$2,141,172$1,851,998$3,239,030
50$3,752,889$2,211,918$1,879,869$3,492,682
51$4,100,437$2,285,055$1,907,597$3,770,248
52$4,482,324$2,360,665$1,935,144$4,074,121
53$4,902,018$2,438,835$1,962,469$4,406,935
54$5,363,340$2,519,654$1,989,527$4,771,594
55$5,870,498$2,603,214$2,016,274$5,171,297
56$6,428,129$2,689,612$2,042,659$5,609,568
57$7,041,342$2,778,947$2,068,632$6,090,289
58$7,715,765$2,871,322$2,094,138$6,617,737
59$8,457,600$2,966,843$2,119,118$7,196,625
60$9,273,679$3,065,623$2,143,513$7,832,145
61$10,171,531$3,167,775$2,167,257$8,530,016
62$11,159,449$3,273,418$2,190,282$9,296,543
63$12,246,574$3,382,676$2,212,517$10,138,670
64$13,442,974$3,495,677$2,233,886$11,064,048
65$14,759,745$3,612,553$2,254,309$12,081,109
66$16,209,113$3,733,442$2,273,703$13,199,143
67$17,804,549$3,858,487$2,291,978$14,428,386
68$19,560,895$3,987,835$2,309,042$15,780,118
69$21,494,508$4,121,640$2,324,796$17,266,768
70$23,623,409$4,260,061$2,339,137$18,902,030
71$25,967,456$4,403,264$2,351,958$20,700,996
72$28,548,531$4,551,419$2,363,144$22,680,294
73$31,390,747$4,704,704$2,372,574$24,858,249
74$34,520,672$4,863,303$2,380,124$27,255,052
75$37,967,584$5,027,408$2,385,661$29,892,953
76$41,763,743$5,197,216$2,389,047$32,796,469
77$45,944,699$5,372,935$2,390,135$35,992,620
78$50,549,627$5,554,777$2,388,772$39,511,177
79$55,621,692$5,742,964$2,384,799$43,384,948
80$61,208,461$5,937,726$2,378,047$47,650,086
81$67,362,352$6,139,302$2,368,339$52,346,429
82$74,141,125$6,347,941$2,355,491$57,517,880
83$81,608,428$6,563,899$2,339,309$63,212,816
84$89,834,401$6,787,443$2,319,589$69,484,548
85$98,896,334$7,018,851$2,296,119$76,391,825
86$108,879,396$7,258,412$2,268,676$83,999,385
87$119,877,444$7,506,423$2,237,025$92,378,569
88$131,993,901$7,763,196$2,200,924$101,607,993
89$145,342,740$8,029,053$2,160,115$111,774,291
90$160,049,551$8,304,329$2,114,331$122,972,932
91$176,252,736$8,589,371$2,063,292$135,309,121
92$194,104,807$8,884,542$2,006,704$148,898,795
93$213,773,829$9,190,217$1,944,260$163,869,713
94$235,445,007$9,506,785$1,875,641$180,362,664
95$259,322,432$9,834,651$1,800,509$198,532,797
96$285,631,008$10,174,237$1,718,514$218,551,087
97$314,618,577$10,525,981$1,629,290$240,605,943
98$346,558,253$10,890,335$1,532,452$264,904,995
99$381,751,006$11,267,773$1,427,601$291,677,047
100$420,528,501$11,658,786$1,314,318$321,174,240