Can I retire at age 41 with 1,660,000?

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 $1,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$137,081$135,860$134,669$133,506$132,371$127,320
2 years$67,862$66,598$65,373$64,186$63,034$58,005
3 years$44,792$43,523$42,301$41,124$39,991$35,142
4 years$33,259$31,994$30,784$29,628$28,522$23,890
5 years$26,341$25,083$23,890$22,757$21,682$17,278
6 years$21,731$20,483$19,306$18,199$17,156$12,984
7 years$18,439$17,201$16,044$14,962$13,953$10,011
8 years$15,971$14,745$13,606$12,552$11,575$7,860
9 years$14,053$12,838$11,719$10,691$9,748$6,255
10 years$12,519$11,316$10,217$9,216$8,306$5,027
11 years$11,265$10,074$8,995$8,021$7,143$4,072
12 years$10,221$9,042$7,983$7,035$6,190$3,319
13 years$9,338$8,171$7,132$6,211$5,398$2,718
14 years$8,582$7,427$6,408$5,513$4,732$2,235
15 years$7,927$6,785$5,786$4,917$4,166$1,843
16 years$7,354$6,225$5,246$4,403$3,682$1,524
17 years$6,850$5,733$4,773$3,956$3,265$1,262
18 years$6,402$5,298$4,357$3,565$2,903$1,048
19 years$6,002$4,910$3,989$3,221$2,587$871
20 years$5,642$4,562$3,661$2,917$2,311$725
21 years$5,317$4,250$3,367$2,648$2,068$603
22 years$5,021$3,967$3,104$2,407$1,854$503
23 years$4,752$3,710$2,866$2,192$1,664$420
24 years$4,506$3,476$2,650$2,000$1,496$350
25 years$4,280$3,262$2,455$1,826$1,346$292
26 years$4,071$3,066$2,276$1,670$1,212$244
27 years$3,878$2,885$2,114$1,528$1,093$204
28 years$3,700$2,719$1,965$1,400$986$170
29 years$3,534$2,565$1,829$1,284$891$142
30 years$3,379$2,422$1,703$1,179$805$119
31 years$3,235$2,290$1,588$1,082$728$100
32 years$3,099$2,167$1,482$995$658$83
33 years$2,973$2,052$1,383$915$596$70
34 years$2,854$1,945$1,293$842$539$58
35 years$2,742$1,845$1,208$775$488$49
36 years$2,636$1,751$1,131$714$443$41
37 years$2,537$1,663$1,058$657$401$34
38 years$2,443$1,580$991$606$364$29
39 years$2,354$1,503$928$559$330$24
40 years$2,269$1,430$870$515$299$20
41 years$2,189$1,361$816$475$271$17
42 years$2,113$1,296$765$439$246$14
43 years$2,041$1,235$718$405$223$12
44 years$1,972$1,177$674$374$203$10
45 years$1,907$1,123$633$345$184$8
46 years$1,844$1,071$595$319$167$7
47 years$1,785$1,022$559$295$152$6
48 years$1,727$976$525$272$138$5
49 years$1,673$932$493$252$125$4
50 years$1,621$890$464$233$114$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,660,000, adding $6,625 every year, while hoping to spend $47,332 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: 36/35/29 Blend
40$1,660,000$1,660,000$1,660,000$1,660,000
41$1,836,154$1,748,174$1,722,444$1,886,089
42$1,973,080$1,783,473$1,729,785$1,959,207
43$2,122,387$1,818,916$1,735,785$2,033,353
44$2,285,287$1,854,460$1,740,350$2,112,500
45$2,463,115$1,890,057$1,743,381$2,197,133
46$2,657,340$1,925,657$1,744,771$2,287,784
47$2,869,581$1,961,206$1,744,413$2,385,043
48$3,101,617$1,996,644$1,742,190$2,489,559
49$3,355,410$2,031,908$1,737,981$2,602,051
50$3,633,120$2,066,928$1,731,661$2,723,313
51$3,937,122$2,101,632$1,723,096$2,854,220
52$4,270,035$2,135,939$1,712,147$2,995,741
53$4,634,743$2,169,764$1,698,668$3,148,944
54$5,034,419$2,203,015$1,682,505$3,315,010
55$5,472,561$2,235,594$1,663,500$3,495,241
56$5,953,019$2,267,395$1,641,484$3,691,076
57$6,480,035$2,298,305$1,616,282$3,904,105
58$7,058,280$2,328,203$1,587,709$4,136,081
59$7,692,901$2,356,962$1,555,574$4,388,940
60$8,389,565$2,384,441$1,519,674$4,664,821
61$9,154,517$2,410,495$1,479,799$4,966,084
62$9,994,634$2,434,966$1,435,729$5,295,333
63$10,917,493$2,457,686$1,387,232$5,655,443
64$11,931,441$2,478,476$1,334,068$6,049,590
65$13,045,674$2,497,147$1,275,985$6,481,274
66$14,270,321$2,513,495$1,212,719$6,954,362
67$15,616,542$2,527,305$1,143,993$7,473,120
68$17,096,633$2,538,347$1,069,521$8,042,254
69$18,724,141$2,546,377$989,001$8,666,960
70$20,513,989$2,551,136$902,119$9,352,969
71$22,482,622$2,552,347$808,545$10,106,605
72$24,648,155$2,549,718$707,938$10,934,844
73$27,030,551$2,542,938$599,937$11,845,385
74$29,651,802$2,531,676$484,170$12,846,720
75$32,536,140$2,515,583$360,244$13,948,216
76$35,710,267$2,494,287$227,753$15,160,208
77$39,203,601$2,467,394$86,269$16,494,094
78$43,048,558$2,434,486$0$17,962,449
79$47,280,855$2,395,120$0$19,599,166
80$51,939,850$2,348,828$0$21,429,306
81$57,068,906$2,295,113$0$23,443,166
82$62,715,809$2,233,448$0$25,659,510
83$68,933,211$2,163,276$0$28,099,019
84$75,779,130$2,084,008$0$30,784,493
85$83,317,497$1,995,020$0$33,741,064
86$91,618,758$1,895,652$0$36,996,435
87$100,760,538$1,785,206$0$40,581,146
88$110,828,374$1,662,943$0$44,528,856
89$121,916,523$1,528,082$0$48,876,673
90$134,128,848$1,379,797$0$53,665,495
91$147,579,801$1,217,218$0$58,940,406
92$162,395,501$1,039,421$0$64,751,100
93$178,714,922$845,433$0$71,152,351
94$196,691,209$634,224$0$78,204,537
95$216,493,119$404,708$0$85,974,205
96$238,306,616$155,737$0$94,534,707
97$262,336,622$0$0$103,966,894
98$288,808,954$0$0$114,403,749
99$317,972,456$0$0$125,968,058
100$350,101,341$0$0$138,708,623