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%11.8%
1 years$137,081$135,860$134,669$133,506$132,371$131,371
2 years$67,862$66,598$65,373$64,186$63,034$62,026
3 years$44,792$43,523$42,301$41,124$39,991$39,007
4 years$33,259$31,994$30,784$29,628$28,522$27,568
5 years$26,341$25,083$23,890$22,757$21,682$20,761
6 years$21,731$20,483$19,306$18,199$17,156$16,270
7 years$18,439$17,201$16,044$14,962$13,953$13,102
8 years$15,971$14,745$13,606$12,552$11,575$10,759
9 years$14,053$12,838$11,719$10,691$9,748$8,967
10 years$12,519$11,316$10,217$9,216$8,306$7,559
11 years$11,265$10,074$8,995$8,021$7,143$6,430
12 years$10,221$9,042$7,983$7,035$6,190$5,510
13 years$9,338$8,171$7,132$6,211$5,398$4,750
14 years$8,582$7,427$6,408$5,513$4,732$4,116
15 years$7,927$6,785$5,786$4,917$4,166$3,581
16 years$7,354$6,225$5,246$4,403$3,682$3,127
17 years$6,850$5,733$4,773$3,956$3,265$2,739
18 years$6,402$5,298$4,357$3,565$2,903$2,405
19 years$6,002$4,910$3,989$3,221$2,587$2,116
20 years$5,642$4,562$3,661$2,917$2,311$1,866
21 years$5,317$4,250$3,367$2,648$2,068$1,648
22 years$5,021$3,967$3,104$2,407$1,854$1,458
23 years$4,752$3,710$2,866$2,192$1,664$1,291
24 years$4,506$3,476$2,650$2,000$1,496$1,145
25 years$4,280$3,262$2,455$1,826$1,346$1,016
26 years$4,071$3,066$2,276$1,670$1,212$903
27 years$3,878$2,885$2,114$1,528$1,093$802
28 years$3,700$2,719$1,965$1,400$986$714
29 years$3,534$2,565$1,829$1,284$891$635
30 years$3,379$2,422$1,703$1,179$805$566
31 years$3,235$2,290$1,588$1,082$728$504
32 years$3,099$2,167$1,482$995$658$449
33 years$2,973$2,052$1,383$915$596$401
34 years$2,854$1,945$1,293$842$539$357
35 years$2,742$1,845$1,208$775$488$319
36 years$2,636$1,751$1,131$714$443$285
37 years$2,537$1,663$1,058$657$401$254
38 years$2,443$1,580$991$606$364$227
39 years$2,354$1,503$928$559$330$203
40 years$2,269$1,430$870$515$299$181
41 years$2,189$1,361$816$475$271$162
42 years$2,113$1,296$765$439$246$144
43 years$2,041$1,235$718$405$223$129
44 years$1,972$1,177$674$374$203$115
45 years$1,907$1,123$633$345$184$103
46 years$1,844$1,071$595$319$167$92
47 years$1,785$1,022$559$295$152$82
48 years$1,727$976$525$272$138$74
49 years$1,673$932$493$252$125$66
50 years$1,621$890$464$233$114$59

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 $2,913 every year, while hoping to spend $23,328 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: 41/43/16 Blend
40$1,660,000$1,660,000$1,660,000$1,660,000
41$1,832,325$1,744,345$1,718,615$1,898,688
42$1,994,401$1,804,997$1,751,368$2,006,590
43$2,172,227$1,867,839$1,784,436$2,120,804
44$2,367,385$1,932,954$1,817,805$2,243,924
45$2,581,618$2,000,428$1,851,461$2,376,776
46$2,816,843$2,070,350$1,885,385$2,520,264
47$3,075,177$2,142,812$1,919,562$2,675,382
48$3,358,948$2,217,913$1,953,970$2,843,223
49$3,670,722$2,295,752$1,988,589$3,024,988
50$4,013,325$2,376,433$2,023,396$3,221,998
51$4,389,872$2,460,066$2,058,367$3,435,705
52$4,803,792$2,546,763$2,093,476$3,667,705
53$5,258,867$2,636,642$2,128,696$3,919,755
54$5,759,260$2,729,826$2,163,995$4,193,787
55$6,309,558$2,826,441$2,199,342$4,491,925
56$6,914,816$2,926,620$2,234,704$4,816,508
57$7,580,604$3,030,501$2,270,043$5,170,108
58$8,313,057$3,138,227$2,305,321$5,555,556
59$9,118,936$3,249,947$2,340,497$5,975,966
60$10,005,691$3,365,818$2,375,526$6,434,768
61$10,981,527$3,485,999$2,410,363$6,935,735
62$12,055,490$3,610,660$2,444,957$7,483,020
63$13,237,543$3,739,975$2,479,256$8,081,196
64$14,538,666$3,874,128$2,513,204$8,735,298
65$15,970,957$4,013,307$2,546,743$9,450,866
66$17,547,745$4,157,710$2,579,810$10,234,004
67$19,283,720$4,307,543$2,612,339$11,091,429
68$21,195,067$4,463,020$2,644,260$12,030,539
69$23,299,621$4,624,364$2,675,499$13,059,481
70$25,617,032$4,791,808$2,705,978$14,187,226
71$28,168,956$4,965,593$2,735,615$15,423,653
72$30,979,255$5,145,972$2,764,323$16,779,644
73$34,074,221$5,333,207$2,792,011$18,267,182
74$37,482,829$5,527,572$2,818,581$19,899,464
75$41,237,006$5,729,351$2,843,931$21,691,029
76$45,371,933$5,938,842$2,867,956$23,657,888
77$49,926,378$6,156,353$2,890,540$25,817,678
78$54,943,062$6,382,208$2,911,566$28,189,827
79$60,469,060$6,616,741$2,930,909$30,795,736
80$66,556,246$6,860,304$2,948,437$33,658,979
81$73,261,784$7,113,260$2,964,011$36,805,525
82$80,648,667$7,375,990$2,977,486$40,263,983
83$88,786,308$7,648,891$2,988,709$44,065,870
84$97,751,201$7,932,376$2,997,520$48,245,906
85$107,627,636$8,226,875$3,003,749$52,842,343
86$118,508,500$8,532,837$3,007,220$57,897,322
87$130,496,152$8,850,732$3,007,747$63,457,272
88$143,703,389$9,181,046$3,005,135$69,573,344
89$158,254,507$9,524,290$2,999,180$76,301,894
90$174,286,480$9,880,993$2,989,666$83,705,015
91$191,950,250$10,251,711$2,976,369$91,851,116
92$211,412,150$10,637,020$2,959,052$100,815,574
93$232,855,479$11,037,523$2,937,470$110,681,436
94$256,482,224$11,453,848$2,911,362$121,540,207
95$282,514,976$11,886,651$2,880,457$133,492,706
96$311,199,022$12,336,616$2,844,471$146,650,023
97$342,804,668$12,804,456$2,803,106$161,134,559
98$377,629,785$13,290,915$2,756,051$177,081,183
99$416,002,623$13,796,771$2,702,979$194,638,503
100$458,284,912$14,322,833$2,643,550$213,970,263