Can I retire at age 41 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$137,907$136,679$135,480$134,310$133,168$128,699
2 years$68,271$66,999$65,767$64,572$63,413$58,955
3 years$45,062$43,785$42,556$41,372$40,232$35,925
4 years$33,460$32,186$30,970$29,806$28,694$24,570
5 years$26,500$25,235$24,034$22,894$21,813$17,883
6 years$21,862$20,606$19,423$18,309$17,260$13,528
7 years$18,550$17,305$16,140$15,052$14,037$10,502
8 years$16,068$14,833$13,688$12,627$11,645$8,305
9 years$14,138$12,915$11,790$10,756$9,807$6,657
10 years$12,595$11,384$10,279$9,271$8,356$5,391
11 years$11,333$10,135$9,049$8,069$7,186$4,402
12 years$10,282$9,096$8,031$7,077$6,227$3,616
13 years$9,394$8,220$7,175$6,248$5,430$2,986
14 years$8,633$7,472$6,447$5,547$4,760$2,475
15 years$7,975$6,826$5,821$4,947$4,191$2,059
16 years$7,399$6,263$5,277$4,429$3,704$1,717
17 years$6,891$5,768$4,802$3,980$3,284$1,435
18 years$6,441$5,330$4,384$3,586$2,920$1,202
19 years$6,038$4,939$4,013$3,241$2,603$1,008
20 years$5,676$4,590$3,683$2,935$2,325$847
21 years$5,349$4,275$3,388$2,664$2,081$712
22 years$5,052$3,991$3,122$2,422$1,865$599
23 years$4,781$3,733$2,883$2,206$1,674$504
24 years$4,533$3,497$2,666$2,012$1,505$425
25 years$4,306$3,282$2,469$1,837$1,354$358
26 years$4,096$3,084$2,290$1,680$1,220$302
27 years$3,902$2,903$2,127$1,538$1,100$255
28 years$3,722$2,735$1,977$1,409$992$215
29 years$3,555$2,580$1,840$1,292$896$181
30 years$3,399$2,437$1,714$1,186$810$153
31 years$3,254$2,304$1,598$1,089$732$129
32 years$3,118$2,180$1,491$1,001$662$109
33 years$2,991$2,064$1,392$920$599$92
34 years$2,871$1,957$1,300$847$542$78
35 years$2,758$1,856$1,216$779$491$66
36 years$2,652$1,761$1,137$718$445$56
37 years$2,552$1,673$1,065$661$403$47
38 years$2,458$1,590$997$610$366$40
39 years$2,368$1,512$934$562$332$34
40 years$2,283$1,438$875$518$301$28
41 years$2,203$1,369$821$478$273$24
42 years$2,126$1,304$770$441$248$20
43 years$2,053$1,242$723$408$225$17
44 years$1,984$1,184$678$376$204$14
45 years$1,918$1,129$637$347$185$12
46 years$1,855$1,077$598$321$168$10
47 years$1,795$1,028$562$297$153$9
48 years$1,738$981$528$274$139$7
49 years$1,683$937$496$253$126$6
50 years$1,631$895$467$234$114$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,670,000, adding $4,496 every year, while hoping to spend $29,025 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: 80/13/7 Blend
40$1,670,000$1,670,000$1,670,000$1,670,000
41$1,844,978$1,756,468$1,730,583$1,990,842
42$2,002,283$1,811,652$1,757,675$2,142,216
43$2,174,661$1,868,568$1,784,702$2,303,989
44$2,363,617$1,927,269$1,811,631$2,480,617
45$2,570,813$1,987,812$1,838,427$2,673,568
46$2,798,074$2,050,253$1,865,053$2,884,460
47$3,047,415$2,114,653$1,891,469$3,115,072
48$3,321,053$2,181,072$1,917,635$3,367,364
49$3,621,430$2,249,575$1,943,505$3,643,496
50$3,951,237$2,320,225$1,969,034$3,945,844
51$4,313,438$2,393,090$1,994,171$4,277,028
52$4,711,297$2,468,240$2,018,864$4,639,931
53$5,148,411$2,545,745$2,043,057$5,037,730
54$5,628,742$2,625,680$2,066,693$5,473,925
55$6,156,656$2,708,121$2,089,710$5,952,368
56$6,736,961$2,793,145$2,112,041$6,477,307
57$7,374,955$2,880,833$2,133,619$7,053,418
58$8,076,476$2,971,270$2,154,371$7,685,852
59$8,847,954$3,064,539$2,174,220$8,380,287
60$9,696,475$3,160,731$2,193,085$9,142,974
61$10,629,845$3,259,937$2,210,883$9,980,803
62$11,656,665$3,362,249$2,227,523$10,901,362
63$12,786,411$3,467,766$2,242,912$11,913,013
64$14,029,526$3,576,588$2,256,951$13,024,967
65$15,397,514$3,688,817$2,269,535$14,247,374
66$16,903,052$3,804,560$2,280,556$15,591,417
67$18,560,107$3,923,927$2,289,898$17,069,415
68$20,384,069$4,047,031$2,297,441$18,694,944
69$22,391,896$4,173,988$2,303,057$20,482,961
70$24,602,275$4,304,918$2,306,614$22,449,946
71$27,035,793$4,439,945$2,307,973$24,614,057
72$29,715,139$4,579,198$2,306,985$26,995,303
73$32,665,312$4,722,807$2,303,498$29,615,730
74$35,913,859$4,870,909$2,297,349$32,499,630
75$39,491,132$5,023,644$2,288,370$35,673,770
76$43,430,581$5,181,155$2,276,384$39,167,645
77$47,769,060$5,343,593$2,261,203$43,013,754
78$52,547,185$5,511,109$2,242,634$47,247,910
79$57,809,706$5,683,862$2,220,471$51,909,572
80$63,605,941$5,862,016$2,194,501$57,042,225
81$69,990,230$6,045,738$2,164,500$62,693,784
82$77,022,456$6,235,201$2,130,233$68,917,047
83$84,768,605$6,430,585$2,091,455$75,770,195
84$93,301,393$6,632,073$2,047,908$83,317,340
85$102,700,946$6,839,856$1,999,324$91,629,130
86$113,055,561$7,054,128$1,945,421$100,783,413
87$124,462,540$7,275,092$1,885,904$110,865,977
88$137,029,103$7,502,955$1,820,466$121,971,353
89$150,873,404$7,737,933$1,748,784$134,203,713
90$166,125,645$7,980,245$1,670,521$147,677,848
91$182,929,303$8,230,119$1,585,327$162,520,254
92$201,442,489$8,487,792$1,492,831$178,870,327
93$221,839,432$8,753,503$1,392,651$196,881,675
94$244,312,133$9,027,504$1,284,384$216,723,568
95$269,072,170$9,310,050$1,167,609$238,582,539
96$296,352,696$9,601,408$1,041,889$262,664,143
97$326,410,644$9,901,850$906,765$289,194,895
98$359,529,146$10,211,657$761,759$318,424,408
99$396,020,212$10,531,121$606,370$350,627,754
100$436,227,667$10,860,539$440,077$386,108,054