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%12.5%
1 years$134,604$133,405$132,235$131,093$129,978$128,621
2 years$66,636$65,395$64,192$63,026$61,895$60,528
3 years$43,982$42,736$41,536$40,381$39,268$37,934
4 years$32,658$31,416$30,228$29,092$28,007$26,716
5 years$25,865$24,630$23,458$22,346$21,290$20,046
6 years$21,338$20,112$18,958$17,870$16,846$15,651
7 years$18,106$16,890$15,754$14,692$13,700$12,554
8 years$15,683$14,478$13,361$12,325$11,366$10,268
9 years$13,799$12,606$11,507$10,498$9,572$8,522
10 years$12,293$11,111$10,032$9,049$8,156$7,154
11 years$11,061$9,892$8,832$7,876$7,014$6,060
12 years$10,036$8,878$7,839$6,908$6,078$5,170
13 years$9,169$8,023$7,003$6,099$5,300$4,437
14 years$8,426$7,293$6,292$5,414$4,646$3,827
15 years$7,784$6,662$5,681$4,828$4,091$3,314
16 years$7,222$6,113$5,151$4,323$3,616$2,880
17 years$6,726$5,629$4,687$3,884$3,206$2,510
18 years$6,286$5,202$4,279$3,500$2,850$2,193
19 years$5,893$4,821$3,917$3,163$2,541$1,920
20 years$5,540$4,480$3,595$2,865$2,269$1,684
21 years$5,221$4,173$3,306$2,600$2,031$1,480
22 years$4,931$3,895$3,047$2,364$1,820$1,302
23 years$4,666$3,643$2,814$2,153$1,634$1,147
24 years$4,425$3,413$2,602$1,964$1,469$1,012
25 years$4,202$3,203$2,410$1,793$1,322$893
26 years$3,998$3,011$2,235$1,640$1,190$789
27 years$3,808$2,833$2,076$1,501$1,073$698
28 years$3,633$2,670$1,930$1,375$968$617
29 years$3,470$2,519$1,796$1,261$875$546
30 years$3,318$2,379$1,673$1,157$790$484
31 years$3,176$2,249$1,559$1,063$714$428
32 years$3,043$2,128$1,455$977$646$380
33 years$2,919$2,015$1,358$898$585$337
34 years$2,802$1,910$1,269$826$529$299
35 years$2,692$1,811$1,187$761$480$265
36 years$2,589$1,719$1,110$701$435$235
37 years$2,491$1,633$1,039$646$394$209
38 years$2,399$1,552$973$595$357$185
39 years$2,311$1,476$912$549$324$164
40 years$2,228$1,404$854$506$294$146
41 years$2,150$1,336$801$467$266$130
42 years$2,075$1,273$752$431$242$115
43 years$2,004$1,213$705$398$219$102
44 years$1,937$1,156$662$367$199$91
45 years$1,872$1,102$622$339$181$81
46 years$1,811$1,052$584$313$164$72
47 years$1,752$1,003$548$289$149$64
48 years$1,696$958$515$267$135$57
49 years$1,643$915$484$247$123$50
50 years$1,591$874$455$228$112$45

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 $6,611 every year, while hoping to spend $36,079 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: 56/39/5 Blend
40$1,630,000$1,630,000$1,630,000$1,630,000
41$1,803,079$1,716,689$1,691,424$1,901,904
42$1,948,606$1,762,419$1,709,699$2,014,886
43$2,107,766$1,809,181$1,727,377$2,133,246
44$2,281,914$1,856,986$1,744,400$2,261,250
45$2,472,539$1,905,848$1,760,706$2,399,821
46$2,681,279$1,955,776$1,776,232$2,549,971
47$2,909,943$2,006,782$1,790,909$2,712,816
48$3,160,518$2,058,876$1,804,665$2,889,584
49$3,435,196$2,112,065$1,817,426$3,081,626
50$3,736,388$2,166,358$1,829,112$3,290,431
51$4,066,751$2,221,762$1,839,640$3,517,636
52$4,429,214$2,278,282$1,848,921$3,765,046
53$4,826,999$2,335,923$1,856,865$4,034,647
54$5,263,656$2,394,687$1,863,374$4,328,627
55$5,743,099$2,454,577$1,868,347$4,649,396
56$6,269,635$2,515,591$1,871,676$4,999,606
57$6,848,011$2,577,728$1,873,251$5,382,181
58$7,483,456$2,640,985$1,872,952$5,800,340
59$8,181,730$2,705,354$1,870,658$6,257,630
60$8,949,179$2,770,830$1,866,238$6,757,956
61$9,792,795$2,837,400$1,859,556$7,305,622
62$10,720,280$2,905,052$1,850,471$7,905,369
63$11,740,120$2,973,771$1,838,833$8,562,420
64$12,861,665$3,043,538$1,824,486$9,282,529
65$14,095,214$3,114,331$1,807,266$10,072,036
66$15,452,118$3,186,125$1,787,002$10,937,925
67$16,944,880$3,258,892$1,763,513$11,887,893
68$18,587,279$3,332,599$1,736,611$12,930,419
69$20,394,494$3,407,208$1,706,100$14,074,845
70$22,383,251$3,482,681$1,671,774$15,331,467
71$24,571,980$3,558,969$1,633,415$16,711,628
72$26,980,987$3,636,023$1,590,799$18,227,828
73$29,632,646$3,713,787$1,543,690$19,893,838
74$32,551,612$3,792,199$1,491,840$21,724,837
75$35,765,051$3,871,191$1,434,990$23,737,546
76$39,302,895$3,950,688$1,372,871$25,950,396
77$43,198,128$4,030,609$1,305,200$28,383,692
78$47,487,094$4,110,866$1,231,682$31,059,813
79$52,209,842$4,191,363$1,152,007$34,003,418
80$57,410,501$4,271,995$1,065,854$37,241,680
81$63,137,697$4,352,648$972,886$40,804,546
82$69,445,014$4,433,200$872,750$44,725,013
83$76,391,497$4,513,518$765,078$49,039,447
84$84,042,208$4,593,459$649,487$53,787,922
85$92,468,844$4,672,868$525,575$59,014,597
86$101,750,407$4,751,580$392,923$64,768,140
87$111,973,957$4,829,416$251,094$71,102,181
88$123,235,427$4,906,183$99,632$78,075,819
89$135,640,530$4,981,676$0$85,754,184
90$149,305,760$5,055,674$0$94,212,359
91$164,359,484$5,127,939$0$103,532,018
92$180,943,162$5,198,218$0$113,795,034
93$199,212,673$5,266,240$0$125,097,493
94$219,339,794$5,331,713$0$137,545,282
95$241,513,815$5,394,329$0$151,255,090
96$265,943,329$5,453,756$0$166,355,508
97$292,858,199$5,509,641$0$182,988,245
98$322,511,729$5,561,607$0$201,309,465
99$355,183,051$5,609,252$0$221,491,264
100$391,179,765$5,652,147$0$243,723,291