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%14.9%
1 years$137,907$136,679$135,480$134,310$133,168$130,479
2 years$68,271$66,999$65,767$64,572$63,413$60,716
3 years$45,062$43,785$42,556$41,372$40,232$37,611
4 years$33,460$32,186$30,970$29,806$28,694$26,169
5 years$26,500$25,235$24,034$22,894$21,813$19,390
6 years$21,862$20,606$19,423$18,309$17,260$14,943
7 years$18,550$17,305$16,140$15,052$14,037$11,827
8 years$16,068$14,833$13,688$12,627$11,645$9,540
9 years$14,138$12,915$11,790$10,756$9,807$7,806
10 years$12,595$11,384$10,279$9,271$8,356$6,458
11 years$11,333$10,135$9,049$8,069$7,186$5,388
12 years$10,282$9,096$8,031$7,077$6,227$4,527
13 years$9,394$8,220$7,175$6,248$5,430$3,824
14 years$8,633$7,472$6,447$5,547$4,760$3,246
15 years$7,975$6,826$5,821$4,947$4,191$2,765
16 years$7,399$6,263$5,277$4,429$3,704$2,363
17 years$6,891$5,768$4,802$3,980$3,284$2,024
18 years$6,441$5,330$4,384$3,586$2,920$1,738
19 years$6,038$4,939$4,013$3,241$2,603$1,496
20 years$5,676$4,590$3,683$2,935$2,325$1,289
21 years$5,349$4,275$3,388$2,664$2,081$1,112
22 years$5,052$3,991$3,122$2,422$1,865$961
23 years$4,781$3,733$2,883$2,206$1,674$831
24 years$4,533$3,497$2,666$2,012$1,505$719
25 years$4,306$3,282$2,469$1,837$1,354$623
26 years$4,096$3,084$2,290$1,680$1,220$540
27 years$3,902$2,903$2,127$1,538$1,100$468
28 years$3,722$2,735$1,977$1,409$992$406
29 years$3,555$2,580$1,840$1,292$896$353
30 years$3,399$2,437$1,714$1,186$810$306
31 years$3,254$2,304$1,598$1,089$732$266
32 years$3,118$2,180$1,491$1,001$662$231
33 years$2,991$2,064$1,392$920$599$201
34 years$2,871$1,957$1,300$847$542$174
35 years$2,758$1,856$1,216$779$491$152
36 years$2,652$1,761$1,137$718$445$132
37 years$2,552$1,673$1,065$661$403$115
38 years$2,458$1,590$997$610$366$100
39 years$2,368$1,512$934$562$332$87
40 years$2,283$1,438$875$518$301$75
41 years$2,203$1,369$821$478$273$66
42 years$2,126$1,304$770$441$248$57
43 years$2,053$1,242$723$408$225$50
44 years$1,984$1,184$678$376$204$43
45 years$1,918$1,129$637$347$185$38
46 years$1,855$1,077$598$321$168$33
47 years$1,795$1,028$562$297$153$28
48 years$1,738$981$528$274$139$25
49 years$1,683$937$496$253$126$22
50 years$1,631$895$467$234$114$19

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 $4,523 every year, while hoping to spend $23,210 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: 55/17/28 Blend
40$1,670,000$1,670,000$1,670,000$1,670,000
41$1,845,005$1,756,495$1,730,610$1,931,953
42$2,008,501$1,817,868$1,763,891$2,053,790
43$2,187,895$1,881,471$1,797,508$2,183,649
44$2,384,784$1,947,387$1,831,449$2,324,619
45$2,600,929$2,015,706$1,865,699$2,477,781
46$2,838,267$2,086,519$1,900,243$2,644,318
47$3,098,933$2,159,921$1,935,063$2,825,539
48$3,385,278$2,236,011$1,970,142$3,022,880
49$3,699,893$2,314,892$2,005,459$3,237,924
50$4,045,632$2,396,672$2,040,992$3,472,415
51$4,425,640$2,481,463$2,076,719$3,728,270
52$4,843,381$2,569,379$2,112,614$4,007,604
53$5,302,670$2,660,543$2,148,651$4,312,744
54$5,807,713$2,755,080$2,184,801$4,646,250
55$6,363,141$2,853,121$2,221,033$5,010,947
56$6,974,059$2,954,801$2,257,315$5,409,942
57$7,646,089$3,060,263$2,293,612$5,846,659
58$8,385,428$3,169,654$2,329,886$6,324,868
59$9,198,902$3,283,127$2,366,097$6,848,724
60$10,094,032$3,400,842$2,402,204$7,422,800
61$11,079,106$3,522,966$2,438,160$8,052,137
62$12,163,255$3,649,672$2,473,919$8,742,287
63$13,356,541$3,781,139$2,509,429$9,499,365
64$14,670,050$3,917,557$2,544,637$10,330,108
65$16,115,998$4,059,120$2,579,485$11,241,940
66$17,707,845$4,206,033$2,613,913$12,243,038
67$19,460,423$4,358,506$2,647,857$13,342,409
68$21,390,075$4,516,762$2,681,249$14,549,981
69$23,514,809$4,681,029$2,714,017$15,876,687
70$25,854,469$4,851,549$2,746,086$17,334,576
71$28,430,920$5,028,570$2,777,375$18,936,923
72$31,268,257$5,212,353$2,807,801$20,698,353
73$34,393,030$5,403,170$2,837,273$22,634,980
74$37,834,496$5,601,301$2,865,698$24,764,561
75$41,624,892$5,807,043$2,892,976$27,106,659
76$45,799,743$6,020,700$2,919,004$29,682,829
77$50,398,197$6,242,595$2,943,670$32,516,825
78$55,463,390$6,473,058$2,966,860$35,634,818
79$61,042,857$6,712,439$2,988,450$39,065,645
80$67,188,978$6,961,099$3,008,313$42,841,081
81$73,959,476$7,219,415$3,026,314$46,996,141
82$81,417,957$7,487,781$3,042,310$51,569,406
83$89,634,514$7,766,607$3,056,153$56,603,388
84$98,686,385$8,056,322$3,067,685$62,144,934
85$108,658,685$8,357,371$3,076,741$68,245,663
86$119,645,208$8,670,219$3,083,149$74,962,457
87$131,749,312$8,995,352$3,086,727$82,357,996
88$145,084,893$9,333,275$3,087,284$90,501,346
89$159,777,464$9,684,518$3,084,619$99,468,618
90$175,965,335$10,049,629$3,078,524$109,343,680
91$193,800,922$10,429,183$3,068,777$120,218,950
92$213,452,184$10,823,781$3,055,149$132,196,266
93$235,104,206$11,234,046$3,037,396$145,387,853
94$258,960,951$11,660,630$3,015,265$159,917,374
95$285,247,183$12,104,215$2,988,490$175,921,103
96$314,210,584$12,565,511$2,956,794$193,549,208
97$346,124,100$13,045,257$2,919,883$212,967,169
98$381,288,513$13,544,229$2,877,453$234,357,339
99$420,035,277$14,063,232$2,829,184$257,920,665
100$462,729,655$14,603,110$2,774,741$283,878,585