Can I retire at age 41 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$132,952$131,768$130,613$129,485$128,384$124,624
2 years$65,818$64,592$63,404$62,252$61,135$57,377
3 years$43,443$42,212$41,027$39,886$38,787$35,149
4 years$32,257$31,030$29,857$28,735$27,663$24,173
5 years$25,548$24,328$23,170$22,072$21,029$17,697
6 years$21,076$19,866$18,725$17,651$16,639$13,468
7 years$17,884$16,683$15,561$14,512$13,532$10,521
8 years$15,490$14,300$13,197$12,173$11,226$8,374
9 years$13,630$12,451$11,366$10,369$9,454$6,758
10 years$12,142$10,975$9,909$8,938$8,055$5,511
11 years$10,926$9,770$8,724$7,779$6,928$4,531
12 years$9,913$8,769$7,742$6,823$6,004$3,750
13 years$9,056$7,925$6,917$6,024$5,235$3,119
14 years$8,323$7,204$6,215$5,347$4,589$2,606
15 years$7,688$6,581$5,611$4,769$4,041$2,185
16 years$7,133$6,038$5,088$4,270$3,571$1,836
17 years$6,644$5,560$4,630$3,837$3,166$1,548
18 years$6,209$5,138$4,226$3,458$2,815$1,307
19 years$5,821$4,762$3,869$3,124$2,509$1,105
20 years$5,472$4,425$3,551$2,830$2,242$936
21 years$5,157$4,122$3,266$2,568$2,006$793
22 years$4,870$3,847$3,010$2,335$1,798$673
23 years$4,609$3,598$2,779$2,126$1,614$572
24 years$4,370$3,372$2,570$1,939$1,451$486
25 years$4,151$3,164$2,381$1,771$1,305$413
26 years$3,949$2,974$2,208$1,619$1,176$352
27 years$3,762$2,799$2,050$1,482$1,060$299
28 years$3,588$2,637$1,906$1,358$957$255
29 years$3,427$2,488$1,774$1,245$864$217
30 years$3,277$2,349$1,652$1,143$780$185
31 years$3,137$2,221$1,540$1,050$706$158
32 years$3,006$2,102$1,437$965$638$134
33 years$2,883$1,990$1,342$887$578$115
34 years$2,768$1,886$1,254$816$523$98
35 years$2,659$1,789$1,172$751$474$83
36 years$2,557$1,698$1,096$692$429$71
37 years$2,461$1,613$1,026$638$389$61
38 years$2,369$1,533$961$588$353$52
39 years$2,283$1,457$900$542$320$44
40 years$2,201$1,387$844$500$290$38
41 years$2,123$1,320$791$461$263$32
42 years$2,050$1,257$742$426$239$27
43 years$1,980$1,198$697$393$217$23
44 years$1,913$1,142$654$363$197$20
45 years$1,849$1,089$614$335$179$17
46 years$1,789$1,039$577$309$162$14
47 years$1,731$991$542$286$147$12
48 years$1,675$946$509$264$134$11
49 years$1,623$904$479$244$121$9
50 years$1,572$863$450$226$110$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,610,000, adding $2,879 every year, while hoping to spend $22,780 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: 41/44/15 Blend
40$1,610,000$1,610,000$1,610,000$1,610,000
41$1,777,190$1,691,860$1,666,905$1,842,073
42$1,934,225$1,750,523$1,698,508$1,946,862
43$2,106,515$1,811,297$1,730,407$2,057,755
44$2,295,591$1,874,262$1,762,587$2,177,287
45$2,503,140$1,939,500$1,795,032$2,306,259
46$2,731,021$2,007,096$1,827,727$2,445,546
47$2,981,282$2,077,141$1,860,652$2,596,112
48$3,256,178$2,149,726$1,893,789$2,759,015
49$3,558,193$2,224,948$1,927,117$2,935,421
50$3,890,066$2,302,907$1,960,612$3,126,608
51$4,254,811$2,383,708$1,994,251$3,333,983
52$4,655,751$2,467,458$2,028,007$3,559,094
53$5,096,545$2,554,272$2,061,853$3,803,642
54$5,581,227$2,644,265$2,095,759$4,069,497
55$6,114,238$2,737,560$2,129,694$4,358,720
56$6,700,474$2,834,284$2,163,622$4,673,575
57$7,345,327$2,934,569$2,197,508$5,016,555
58$8,054,740$3,038,553$2,231,314$5,390,400
59$8,835,259$3,146,377$2,264,998$5,798,129
60$9,694,097$3,258,191$2,298,518$6,243,063
61$10,639,202$3,374,150$2,331,825$6,728,857
62$11,679,332$3,494,414$2,364,873$7,259,535
63$12,824,135$3,619,152$2,397,607$7,839,526
64$14,084,244$3,748,538$2,429,974$8,473,705
65$15,471,374$3,882,753$2,461,915$9,167,441
66$16,998,432$4,021,986$2,493,368$9,926,644
67$18,679,643$4,166,434$2,524,267$10,757,820
68$20,530,680$4,316,303$2,554,543$11,668,136
69$22,568,813$4,471,805$2,584,124$12,665,482
70$24,813,072$4,633,163$2,612,931$13,758,546
71$27,284,425$4,800,609$2,640,885$14,956,897
72$30,005,980$4,974,382$2,667,898$16,271,072
73$33,003,197$5,154,734$2,693,879$17,712,679
74$36,304,134$5,341,926$2,718,735$19,294,498
75$39,939,706$5,536,232$2,742,363$21,030,610
76$43,943,983$5,737,933$2,764,659$22,936,521
77$48,354,503$5,947,326$2,785,509$25,029,312
78$53,212,637$6,164,719$2,804,798$27,327,799
79$58,563,968$6,390,433$2,822,401$29,852,706
80$64,458,729$6,624,801$2,838,188$32,626,864
81$70,952,276$6,868,172$2,852,023$35,675,423
82$78,105,604$7,120,909$2,863,763$39,026,088
83$85,985,933$7,383,390$2,873,255$42,709,381
84$94,667,332$7,656,010$2,880,343$46,758,927
85$104,231,425$7,939,180$2,884,860$51,211,767
86$114,768,158$8,233,328$2,886,631$56,108,713
87$126,376,649$8,538,900$2,885,472$61,494,727
88$139,166,125$8,856,363$2,881,193$67,419,343
89$153,256,946$9,186,202$2,873,590$73,937,138
90$168,781,752$9,528,923$2,862,452$81,108,240
91$185,886,705$9,885,054$2,847,558$88,998,898
92$204,732,873$10,255,146$2,828,676$97,682,105
93$225,497,751$10,639,773$2,805,561$107,238,283
94$248,376,933$11,039,534$2,777,959$117,756,043
95$273,585,962$11,455,052$2,745,602$129,333,019
96$301,362,361$11,886,981$2,708,211$142,076,787
97$331,967,877$12,335,998$2,665,491$156,105,876
98$365,690,953$12,802,815$2,617,138$171,550,891
99$402,849,447$13,288,169$2,562,828$188,555,739
100$443,793,634$13,792,833$2,502,227$207,278,986