Can I retire at age 41 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$134,604$133,405$132,235$131,093$129,978$126,682
2 years$66,636$65,395$64,192$63,026$61,895$58,595
3 years$43,982$42,736$41,536$40,381$39,268$36,069
4 years$32,658$31,416$30,228$29,092$28,007$24,931
5 years$25,865$24,630$23,458$22,346$21,290$18,348
6 years$21,338$20,112$18,958$17,870$16,846$14,040
7 years$18,106$16,890$15,754$14,692$13,700$11,031
8 years$15,683$14,478$13,361$12,325$11,366$8,831
9 years$13,799$12,606$11,507$10,498$9,572$7,170
10 years$12,293$11,111$10,032$9,049$8,156$5,884
11 years$11,061$9,892$8,832$7,876$7,014$4,869
12 years$10,036$8,878$7,839$6,908$6,078$4,056
13 years$9,169$8,023$7,003$6,099$5,300$3,397
14 years$8,426$7,293$6,292$5,414$4,646$2,857
15 years$7,784$6,662$5,681$4,828$4,091$2,412
16 years$7,222$6,113$5,151$4,323$3,616$2,042
17 years$6,726$5,629$4,687$3,884$3,206$1,734
18 years$6,286$5,202$4,279$3,500$2,850$1,475
19 years$5,893$4,821$3,917$3,163$2,541$1,256
20 years$5,540$4,480$3,595$2,865$2,269$1,072
21 years$5,221$4,173$3,306$2,600$2,031$916
22 years$4,931$3,895$3,047$2,364$1,820$783
23 years$4,666$3,643$2,814$2,153$1,634$671
24 years$4,425$3,413$2,602$1,964$1,469$574
25 years$4,202$3,203$2,410$1,793$1,322$492
26 years$3,998$3,011$2,235$1,640$1,190$422
27 years$3,808$2,833$2,076$1,501$1,073$362
28 years$3,633$2,670$1,930$1,375$968$311
29 years$3,470$2,519$1,796$1,261$875$267
30 years$3,318$2,379$1,673$1,157$790$230
31 years$3,176$2,249$1,559$1,063$714$197
32 years$3,043$2,128$1,455$977$646$170
33 years$2,919$2,015$1,358$898$585$146
34 years$2,802$1,910$1,269$826$529$125
35 years$2,692$1,811$1,187$761$480$108
36 years$2,589$1,719$1,110$701$435$93
37 years$2,491$1,633$1,039$646$394$80
38 years$2,399$1,552$973$595$357$69
39 years$2,311$1,476$912$549$324$59
40 years$2,228$1,404$854$506$294$51
41 years$2,150$1,336$801$467$266$44
42 years$2,075$1,273$752$431$242$38
43 years$2,004$1,213$705$398$219$32
44 years$1,937$1,156$662$367$199$28
45 years$1,872$1,102$622$339$181$24
46 years$1,811$1,052$584$313$164$21
47 years$1,752$1,003$548$289$149$18
48 years$1,696$958$515$267$135$15
49 years$1,643$915$484$247$123$13
50 years$1,591$874$455$228$112$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,630,000, adding $2,588 every year, while hoping to spend $54,472 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: 59/12/29 Blend
40$1,630,000$1,630,000$1,630,000$1,630,000
41$1,798,930$1,712,540$1,687,275$1,890,702
42$1,924,463$1,738,496$1,685,840$1,979,752
43$2,060,974$1,763,899$1,682,533$2,070,854
44$2,209,527$1,788,663$1,677,231$2,169,111
45$2,371,290$1,812,699$1,669,809$2,275,234
46$2,547,548$1,835,908$1,660,135$2,390,008
47$2,739,719$1,858,188$1,648,070$2,514,299
48$2,949,358$1,879,428$1,633,468$2,649,061
49$3,178,182$1,899,509$1,616,179$2,795,351
50$3,428,078$1,918,306$1,596,042$2,954,330
51$3,701,123$1,935,684$1,572,891$3,127,285
52$3,999,606$1,951,501$1,546,550$3,315,632
53$4,326,044$1,965,603$1,516,838$3,520,934
54$4,683,211$1,977,827$1,483,563$3,744,917
55$5,074,160$1,988,003$1,446,523$3,989,484
56$5,502,253$1,995,944$1,405,511$4,256,737
57$5,971,194$2,001,456$1,360,307$4,548,992
58$6,485,059$2,004,331$1,310,681$4,868,805
59$7,048,341$2,004,349$1,256,394$5,218,998
60$7,665,983$2,001,274$1,197,195$5,602,682
61$8,343,435$1,994,858$1,132,822$6,023,288
62$9,086,696$1,984,836$1,063,002$6,484,603
63$9,902,374$1,970,929$987,449$6,990,803
64$10,797,751$1,952,838$905,862$7,546,494
65$11,780,843$1,930,249$817,930$8,156,757
66$12,860,485$1,902,827$723,327$8,827,195
67$14,046,408$1,870,219$621,712$9,563,989
68$15,349,330$1,832,049$512,728$10,373,955
69$16,781,062$1,787,919$396,004$11,264,609
70$18,354,612$1,737,409$271,152$12,244,241
71$20,084,314$1,680,073$137,767$13,321,993
72$21,985,957$1,615,440$0$14,507,946
73$24,076,940$1,543,011$0$15,814,633
74$26,376,427$1,462,258$0$17,298,479
75$28,905,536$1,372,623$0$18,930,469
76$31,687,535$1,273,515$0$20,725,655
77$34,748,056$1,164,310$0$22,700,625
78$38,115,345$1,044,349$0$24,873,658
79$41,820,522$912,934$0$27,264,898
80$45,897,875$769,327$0$29,896,547
81$50,385,186$612,752$0$32,793,068
82$55,324,083$442,384$0$35,981,424
83$60,760,434$257,356$0$39,491,326
84$66,744,783$56,751$0$43,355,519
85$73,332,818$0$0$47,610,089
86$80,585,906$0$0$52,315,984
87$88,571,662$0$0$57,505,663
88$97,364,594$0$0$63,220,073
89$107,046,802$0$0$69,512,591
90$117,708,753$0$0$76,442,035
91$129,450,132$0$0$84,073,215
92$142,380,787$0$0$92,477,549
93$156,621,761$0$0$101,733,734
94$172,306,436$0$0$111,928,490
95$189,581,789$0$0$123,157,376
96$208,609,782$0$0$135,525,691
97$229,568,885$0$0$149,149,472
98$252,655,765$0$0$164,156,583
99$278,087,139$0$0$180,687,927
100$306,101,818$0$0$198,898,770