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%13.7%
1 years$131,301$130,131$128,990$127,876$126,789$124,843
2 years$65,000$63,790$62,617$61,479$60,376$58,420
3 years$42,903$41,687$40,517$39,390$38,305$36,400
4 years$31,857$30,645$29,486$28,378$27,319$25,480
5 years$25,231$24,026$22,882$21,797$20,768$18,999
6 years$20,815$19,619$18,492$17,432$16,433$14,737
7 years$17,662$16,476$15,367$14,331$13,364$11,743
8 years$15,298$14,123$13,033$12,022$11,087$9,539
9 years$13,460$12,296$11,225$10,240$9,337$7,861
10 years$11,991$10,839$9,786$8,827$7,955$6,551
11 years$10,790$9,649$8,616$7,682$6,842$5,507
12 years$9,790$8,661$7,646$6,738$5,929$4,663
13 years$8,944$7,827$6,831$5,949$5,170$3,971
14 years$8,220$7,114$6,138$5,281$4,532$3,397
15 years$7,593$6,499$5,542$4,710$3,991$2,918
16 years$7,044$5,963$5,024$4,217$3,527$2,515
17 years$6,561$5,491$4,572$3,789$3,127$2,173
18 years$6,132$5,074$4,174$3,415$2,781$1,883
19 years$5,749$4,703$3,821$3,085$2,478$1,634
20 years$5,404$4,370$3,507$2,794$2,214$1,421
21 years$5,092$4,071$3,225$2,536$1,981$1,237
22 years$4,810$3,800$2,973$2,306$1,776$1,079
23 years$4,552$3,554$2,745$2,100$1,594$942
24 years$4,316$3,330$2,538$1,915$1,433$823
25 years$4,099$3,125$2,351$1,749$1,289$719
26 years$3,900$2,937$2,180$1,599$1,161$630
27 years$3,715$2,764$2,025$1,464$1,047$551
28 years$3,544$2,604$1,882$1,341$945$483
29 years$3,385$2,457$1,752$1,230$853$423
30 years$3,237$2,320$1,632$1,129$771$371
31 years$3,098$2,193$1,521$1,037$697$326
32 years$2,969$2,075$1,419$953$630$286
33 years$2,847$1,965$1,325$876$570$251
34 years$2,734$1,863$1,238$806$517$220
35 years$2,626$1,767$1,158$742$468$193
36 years$2,525$1,677$1,083$683$424$170
37 years$2,430$1,593$1,014$630$384$149
38 years$2,340$1,514$949$580$348$131
39 years$2,255$1,439$889$535$316$115
40 years$2,174$1,369$833$494$286$101
41 years$2,097$1,304$782$455$260$89
42 years$2,024$1,241$733$420$236$78
43 years$1,955$1,183$688$388$214$69
44 years$1,889$1,128$646$358$194$60
45 years$1,826$1,075$606$331$176$53
46 years$1,766$1,026$569$306$160$47
47 years$1,709$979$535$282$145$41
48 years$1,655$934$503$261$132$36
49 years$1,602$892$473$241$120$32
50 years$1,552$852$444$223$109$28

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 $6,175 every year, while hoping to spend $53,396 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: 51/40/9 Blend
40$1,590,000$1,590,000$1,590,000$1,590,000
41$1,758,550$1,674,280$1,649,635$1,843,833
42$1,881,109$1,699,506$1,648,084$1,927,870
43$2,014,379$1,724,180$1,644,693$2,012,942
44$2,159,397$1,748,216$1,639,341$2,104,171
45$2,317,303$1,771,526$1,631,907$2,202,148
46$2,489,351$1,794,014$1,622,259$2,307,528
47$2,676,923$1,815,578$1,610,262$2,421,030
48$2,881,536$1,836,108$1,595,773$2,543,450
49$3,104,865$1,855,490$1,578,643$2,675,665
50$3,348,749$1,873,597$1,558,716$2,818,644
51$3,615,216$1,890,298$1,535,828$2,973,453
52$3,906,497$1,905,452$1,509,807$3,141,274
53$4,225,049$1,918,907$1,480,474$3,323,406
54$4,573,575$1,930,505$1,447,641$3,521,285
55$4,955,054$1,940,075$1,411,112$3,736,496
56$5,372,767$1,947,435$1,370,681$3,970,786
57$5,830,323$1,952,393$1,326,133$4,226,084
58$6,331,700$1,954,745$1,277,242$4,504,520
59$6,881,278$1,954,272$1,223,775$4,808,442
60$7,483,881$1,950,744$1,165,484$5,140,441
61$8,144,822$1,943,916$1,102,113$5,503,377
62$8,869,953$1,933,527$1,033,393$5,900,405
63$9,665,720$1,919,301$959,043$6,335,005
64$10,539,223$1,900,946$878,770$6,811,019
65$11,498,282$1,878,151$792,267$7,332,682
66$12,551,513$1,850,586$699,214$7,904,670
67$13,708,406$1,817,904$599,277$8,532,139
68$14,979,416$1,779,734$492,106$9,220,778
69$16,376,062$1,735,686$377,336$9,976,862
70$17,911,030$1,685,345$254,587$10,807,313
71$19,598,301$1,628,272$123,461$11,719,767
72$21,453,274$1,564,004$0$12,722,646
73$23,492,916$1,492,049$0$13,826,821
74$25,735,922$1,411,887$0$15,053,714
75$28,202,886$1,322,970$0$16,402,798
76$30,916,500$1,224,715$0$17,886,585
77$33,901,766$1,116,509$0$19,518,866
78$37,186,230$997,702$0$21,314,852
79$40,800,244$867,608$0$23,291,312
80$44,777,249$725,501$0$25,466,736
81$49,154,093$570,615$0$27,861,513
82$53,971,377$402,141$0$30,498,121
83$59,273,836$219,225$0$33,401,344
84$65,110,763$20,963$0$36,598,505
85$71,536,473$0$0$40,119,732
86$78,610,814$0$0$44,083,452
87$86,399,733$0$0$48,457,913
88$94,975,897$0$0$53,274,723
89$104,419,376$0$0$58,578,883
90$114,818,402$0$0$64,419,976
91$126,270,198$0$0$70,852,642
92$138,881,897$0$0$77,937,086
93$152,771,553$0$0$85,739,655
94$168,069,250$0$0$94,333,455
95$184,918,334$0$0$103,799,045
96$203,476,765$0$0$114,225,198
97$223,918,603$0$0$125,709,737
98$246,435,656$0$0$138,360,456
99$271,239,285$0$0$152,296,140
100$298,562,401$0$0$167,647,686