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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.4%
1 years$131,301$130,131$128,990$127,876$126,789$121,999
2 years$65,000$63,790$62,617$61,479$60,376$55,606
3 years$42,903$41,687$40,517$39,390$38,305$33,705
4 years$31,857$30,645$29,486$28,378$27,319$22,924
5 years$25,231$24,026$22,882$21,797$20,768$16,589
6 years$20,815$19,619$18,492$17,432$16,433$12,473
7 years$17,662$16,476$15,367$14,331$13,364$9,623
8 years$15,298$14,123$13,033$12,022$11,087$7,560
9 years$13,460$12,296$11,225$10,240$9,337$6,019
10 years$11,991$10,839$9,786$8,827$7,955$4,841
11 years$10,790$9,649$8,616$7,682$6,842$3,924
12 years$9,790$8,661$7,646$6,738$5,929$3,200
13 years$8,944$7,827$6,831$5,949$5,170$2,623
14 years$8,220$7,114$6,138$5,281$4,532$2,158
15 years$7,593$6,499$5,542$4,710$3,991$1,781
16 years$7,044$5,963$5,024$4,217$3,527$1,473
17 years$6,561$5,491$4,572$3,789$3,127$1,222
18 years$6,132$5,074$4,174$3,415$2,781$1,015
19 years$5,749$4,703$3,821$3,085$2,478$844
20 years$5,404$4,370$3,507$2,794$2,214$703
21 years$5,092$4,071$3,225$2,536$1,981$586
22 years$4,810$3,800$2,973$2,306$1,776$489
23 years$4,552$3,554$2,745$2,100$1,594$408
24 years$4,316$3,330$2,538$1,915$1,433$341
25 years$4,099$3,125$2,351$1,749$1,289$285
26 years$3,900$2,937$2,180$1,599$1,161$238
27 years$3,715$2,764$2,025$1,464$1,047$199
28 years$3,544$2,604$1,882$1,341$945$166
29 years$3,385$2,457$1,752$1,230$853$139
30 years$3,237$2,320$1,632$1,129$771$116
31 years$3,098$2,193$1,521$1,037$697$97
32 years$2,969$2,075$1,419$953$630$82
33 years$2,847$1,965$1,325$876$570$68
34 years$2,734$1,863$1,238$806$517$57
35 years$2,626$1,767$1,158$742$468$48
36 years$2,525$1,677$1,083$683$424$40
37 years$2,430$1,593$1,014$630$384$34
38 years$2,340$1,514$949$580$348$28
39 years$2,255$1,439$889$535$316$24
40 years$2,174$1,369$833$494$286$20
41 years$2,097$1,304$782$455$260$16
42 years$2,024$1,241$733$420$236$14
43 years$1,955$1,183$688$388$214$12
44 years$1,889$1,128$646$358$194$10
45 years$1,826$1,075$606$331$176$8
46 years$1,766$1,026$569$306$160$7
47 years$1,709$979$535$282$145$6
48 years$1,655$934$503$261$132$5
49 years$1,602$892$473$241$120$4
50 years$1,552$852$444$223$109$3

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 $4,137 every year, while hoping to spend $42,941 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: 72/22/6 Blend
40$1,590,000$1,590,000$1,590,000$1,590,000
41$1,756,447$1,672,177$1,647,532$1,881,336
42$1,889,916$1,708,425$1,657,036$2,000,498
43$2,035,559$1,745,010$1,665,418$2,125,144
44$2,194,574$1,781,903$1,672,597$2,260,400
45$2,368,276$1,819,072$1,678,485$2,407,297
46$2,558,117$1,856,483$1,682,991$2,566,974
47$2,765,692$1,894,098$1,686,019$2,740,682
48$2,992,760$1,931,875$1,687,467$2,929,799
49$3,241,254$1,969,770$1,687,230$3,135,845
50$3,513,307$2,007,734$1,685,197$3,360,492
51$3,811,265$2,045,714$1,681,252$3,605,582
52$4,137,712$2,083,651$1,675,272$3,873,147
53$4,495,494$2,121,486$1,667,129$4,165,421
54$4,887,745$2,159,149$1,656,688$4,484,868
55$5,317,918$2,196,571$1,643,810$4,834,202
56$5,789,815$2,233,672$1,628,347$5,216,413
57$6,307,623$2,270,369$1,610,144$5,634,795
58$6,875,956$2,306,573$1,589,039$6,092,977
59$7,499,895$2,342,186$1,564,864$6,594,959
60$8,185,038$2,377,107$1,537,440$7,145,147
61$8,937,550$2,411,223$1,506,583$7,748,397
62$9,764,224$2,444,417$1,472,097$8,410,059
63$10,672,542$2,476,561$1,433,780$9,136,028
64$11,670,749$2,507,520$1,391,419$9,932,801
65$12,767,925$2,537,148$1,344,791$10,807,536
66$13,974,076$2,565,291$1,293,664$11,768,122
67$15,300,225$2,591,783$1,237,795$12,823,253
68$16,758,516$2,616,449$1,176,929$13,982,507
69$18,362,330$2,639,100$1,110,801$15,256,441
70$20,126,407$2,659,535$1,039,133$16,656,690
71$22,066,991$2,677,543$961,634$18,196,072
72$24,201,976$2,692,894$878,001$19,888,717
73$26,551,081$2,705,349$787,917$21,750,193
74$29,136,030$2,714,650$691,051$23,797,660
75$31,980,761$2,720,524$587,057$26,050,025
76$35,111,650$2,722,681$475,575$28,528,127
77$38,557,758$2,720,813$356,227$31,254,932
78$42,351,108$2,714,591$228,619$34,255,746
79$46,526,984$2,703,669$92,341$37,558,461
80$51,124,266$2,687,678$0$41,193,814
81$56,185,793$2,666,226$0$45,199,077
82$61,758,772$2,638,900$0$49,614,711
83$67,895,219$2,605,258$0$54,475,970
84$74,652,450$2,564,834$0$59,828,223
85$82,093,625$2,517,136$0$65,721,469
86$90,288,338$2,461,639$0$72,210,807
87$99,313,278$2,397,789$0$79,356,957
88$109,252,951$2,324,999$0$87,226,834
89$120,200,477$2,242,650$0$95,894,179
90$132,258,469$2,150,082$0$105,440,259
91$145,539,998$2,046,601$0$115,954,628
92$160,169,664$1,931,471$0$127,535,981
93$176,284,771$1,803,915$0$140,293,078
94$194,036,620$1,663,109$0$154,345,779
95$213,591,938$1,508,183$0$169,826,172
96$235,134,451$1,338,220$0$186,879,819
97$258,866,618$1,152,246$0$205,667,137
98$285,011,543$949,236$0$226,364,907
99$313,815,076$728,104$0$249,167,949
100$345,548,140$487,707$0$274,290,956