Can I retire at age 41 with 1,590,000?

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 $1,590,000?

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$131,301$130,131$128,990$127,876$126,789$123,824
2 years$65,000$63,790$62,617$61,479$60,376$57,406
3 years$42,903$41,687$40,517$39,390$38,305$35,422
4 years$31,857$30,645$29,486$28,378$27,319$24,547
5 years$25,231$24,026$22,882$21,797$20,768$18,112
6 years$20,815$19,619$18,492$17,432$16,433$13,898
7 years$17,662$16,476$15,367$14,331$13,364$10,950
8 years$15,298$14,123$13,033$12,022$11,087$8,792
9 years$13,460$12,296$11,225$10,240$9,337$7,159
10 years$11,991$10,839$9,786$8,827$7,955$5,893
11 years$10,790$9,649$8,616$7,682$6,842$4,892
12 years$9,790$8,661$7,646$6,738$5,929$4,089
13 years$8,944$7,827$6,831$5,949$5,170$3,436
14 years$8,220$7,114$6,138$5,281$4,532$2,900
15 years$7,593$6,499$5,542$4,710$3,991$2,457
16 years$7,044$5,963$5,024$4,217$3,527$2,088
17 years$6,561$5,491$4,572$3,789$3,127$1,779
18 years$6,132$5,074$4,174$3,415$2,781$1,518
19 years$5,749$4,703$3,821$3,085$2,478$1,299
20 years$5,404$4,370$3,507$2,794$2,214$1,112
21 years$5,092$4,071$3,225$2,536$1,981$954
22 years$4,810$3,800$2,973$2,306$1,776$819
23 years$4,552$3,554$2,745$2,100$1,594$704
24 years$4,316$3,330$2,538$1,915$1,433$605
25 years$4,099$3,125$2,351$1,749$1,289$521
26 years$3,900$2,937$2,180$1,599$1,161$449
27 years$3,715$2,764$2,025$1,464$1,047$387
28 years$3,544$2,604$1,882$1,341$945$333
29 years$3,385$2,457$1,752$1,230$853$287
30 years$3,237$2,320$1,632$1,129$771$248
31 years$3,098$2,193$1,521$1,037$697$214
32 years$2,969$2,075$1,419$953$630$185
33 years$2,847$1,965$1,325$876$570$159
34 years$2,734$1,863$1,238$806$517$138
35 years$2,626$1,767$1,158$742$468$119
36 years$2,525$1,677$1,083$683$424$103
37 years$2,430$1,593$1,014$630$384$89
38 years$2,340$1,514$949$580$348$77
39 years$2,255$1,439$889$535$316$66
40 years$2,174$1,369$833$494$286$57
41 years$2,097$1,304$782$455$260$49
42 years$2,024$1,241$733$420$236$43
43 years$1,955$1,183$688$388$214$37
44 years$1,889$1,128$646$358$194$32
45 years$1,826$1,075$606$331$176$27
46 years$1,766$1,026$569$306$160$24
47 years$1,709$979$535$282$145$21
48 years$1,655$934$503$261$132$18
49 years$1,602$892$473$241$120$15
50 years$1,552$852$444$223$109$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,590,000, adding $6,263 every year, while hoping to spend $44,334 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: 46/34/20 Blend
40$1,590,000$1,590,000$1,590,000$1,590,000
41$1,758,640$1,674,370$1,649,725$1,829,215
42$1,890,851$1,709,243$1,657,820$1,914,115
43$2,035,060$1,744,339$1,664,700$2,001,262
44$2,192,447$1,779,622$1,670,278$2,094,889
45$2,364,306$1,815,053$1,674,462$2,195,621
46$2,552,064$1,850,590$1,677,155$2,304,144
47$2,757,291$1,886,185$1,678,256$2,421,219
48$2,981,716$1,921,789$1,677,659$2,547,682
49$3,227,242$1,957,349$1,675,252$2,684,455
50$3,495,967$1,992,804$1,670,918$2,832,556
51$3,790,196$2,028,093$1,664,535$2,993,108
52$4,112,473$2,063,146$1,655,974$3,167,347
53$4,465,596$2,097,891$1,645,100$3,356,639
54$4,852,647$2,132,248$1,631,771$3,562,489
55$5,277,022$2,166,133$1,615,840$3,786,557
56$5,742,459$2,199,454$1,597,152$4,030,674
57$6,253,077$2,232,115$1,575,544$4,296,860
58$6,813,413$2,264,010$1,550,846$4,587,342
59$7,428,461$2,295,027$1,522,880$4,904,576
60$8,103,727$2,325,046$1,491,459$5,251,271
61$8,845,274$2,353,940$1,456,389$5,630,414
62$9,659,780$2,381,571$1,417,466$6,045,301
63$10,554,602$2,407,793$1,374,476$6,499,565
64$11,537,846$2,432,449$1,327,196$6,997,213
65$12,618,442$2,455,374$1,275,392$7,542,663
66$13,806,226$2,476,391$1,218,821$8,140,790
67$15,112,036$2,495,309$1,157,226$8,796,967
68$16,547,812$2,511,927$1,090,342$9,517,120
69$18,126,709$2,526,032$1,017,889$10,307,783
70$19,863,221$2,537,396$939,576$11,176,162
71$21,773,316$2,545,775$855,098$12,130,204
72$23,874,589$2,550,912$764,138$13,178,668
73$26,186,423$2,552,533$666,363$14,331,216
74$28,730,179$2,550,347$561,427$15,598,500
75$31,529,389$2,544,046$448,966$16,992,264
76$34,609,983$2,533,301$328,603$18,525,458
77$38,000,533$2,517,764$199,943$20,212,360
78$41,732,519$2,497,067$62,573$22,068,711
79$45,840,630$2,470,817$0$24,111,868
80$50,363,087$2,438,600$0$26,378,895
81$55,342,006$2,399,975$0$28,888,375
82$60,823,794$2,354,477$0$31,650,296
83$66,859,587$2,301,613$0$34,690,404
84$73,505,731$2,240,858$0$38,037,076
85$80,824,316$2,171,661$0$41,721,588
86$88,883,758$2,093,434$0$45,778,410
87$97,759,447$2,005,558$0$50,245,539
88$107,534,457$1,907,376$0$55,164,852
89$118,300,330$1,798,196$0$60,582,503
90$130,157,939$1,677,282$0$66,549,366
91$143,218,439$1,543,860$0$73,121,511
92$157,604,318$1,397,108$0$80,360,734
93$173,450,552$1,236,159$0$88,335,147
94$190,905,875$1,060,098$0$97,119,819
95$210,134,188$867,956$0$106,797,489
96$231,316,099$658,710$0$117,459,345
97$254,650,634$431,280$0$129,205,891
98$280,357,112$184,525$0$142,147,895
99$308,677,211$0$0$156,407,439
100$339,877,257$0$0$172,150,036