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%17%
1 years$137,907$136,679$135,480$134,310$133,168$129,372
2 years$68,271$66,999$65,767$64,572$63,413$59,618
3 years$45,062$43,785$42,556$41,372$40,232$36,557
4 years$33,460$32,186$30,970$29,806$28,694$25,167
5 years$26,500$25,235$24,034$22,894$21,813$18,444
6 years$21,862$20,606$19,423$18,309$17,260$14,052
7 years$18,550$17,305$16,140$15,052$14,037$10,990
8 years$16,068$14,833$13,688$12,627$11,645$8,757
9 years$14,138$12,915$11,790$10,756$9,807$7,075
10 years$12,595$11,384$10,279$9,271$8,356$5,777
11 years$11,333$10,135$9,049$8,069$7,186$4,756
12 years$10,282$9,096$8,031$7,077$6,227$3,941
13 years$9,394$8,220$7,175$6,248$5,430$3,283
14 years$8,633$7,472$6,447$5,547$4,760$2,747
15 years$7,975$6,826$5,821$4,947$4,191$2,306
16 years$7,399$6,263$5,277$4,429$3,704$1,941
17 years$6,891$5,768$4,802$3,980$3,284$1,638
18 years$6,441$5,330$4,384$3,586$2,920$1,385
19 years$6,038$4,939$4,013$3,241$2,603$1,173
20 years$5,676$4,590$3,683$2,935$2,325$995
21 years$5,349$4,275$3,388$2,664$2,081$845
22 years$5,052$3,991$3,122$2,422$1,865$718
23 years$4,781$3,733$2,883$2,206$1,674$611
24 years$4,533$3,497$2,666$2,012$1,505$520
25 years$4,306$3,282$2,469$1,837$1,354$443
26 years$4,096$3,084$2,290$1,680$1,220$377
27 years$3,902$2,903$2,127$1,538$1,100$322
28 years$3,722$2,735$1,977$1,409$992$274
29 years$3,555$2,580$1,840$1,292$896$234
30 years$3,399$2,437$1,714$1,186$810$200
31 years$3,254$2,304$1,598$1,089$732$171
32 years$3,118$2,180$1,491$1,001$662$146
33 years$2,991$2,064$1,392$920$599$124
34 years$2,871$1,957$1,300$847$542$106
35 years$2,758$1,856$1,216$779$491$91
36 years$2,652$1,761$1,137$718$445$77
37 years$2,552$1,673$1,065$661$403$66
38 years$2,458$1,590$997$610$366$57
39 years$2,368$1,512$934$562$332$48
40 years$2,283$1,438$875$518$301$41
41 years$2,203$1,369$821$478$273$35
42 years$2,126$1,304$770$441$248$30
43 years$2,053$1,242$723$408$225$26
44 years$1,984$1,184$678$376$204$22
45 years$1,918$1,129$637$347$185$19
46 years$1,855$1,077$598$321$168$16
47 years$1,795$1,028$562$297$153$14
48 years$1,738$981$528$274$139$12
49 years$1,683$937$496$253$126$10
50 years$1,631$895$467$234$114$9

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 $2,191 every year, while hoping to spend $52,522 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: 62/15/23 Blend
40$1,670,000$1,670,000$1,670,000$1,670,000
41$1,842,600$1,754,090$1,728,205$1,945,570
42$1,974,662$1,784,157$1,730,217$2,045,562
43$2,118,434$1,813,938$1,730,536$2,148,692
44$2,275,056$1,843,362$1,729,050$2,260,121
45$2,445,779$1,872,354$1,725,641$2,380,665
46$2,631,985$1,900,836$1,720,186$2,511,224
47$2,835,190$1,928,720$1,712,555$2,652,792
48$3,057,067$1,955,915$1,702,613$2,806,464
49$3,299,456$1,982,322$1,690,218$2,973,448
50$3,564,380$2,007,836$1,675,221$3,155,076
51$3,854,071$2,032,344$1,657,465$3,352,817
52$4,170,983$2,055,726$1,636,787$3,568,290
53$4,517,820$2,077,853$1,613,016$3,803,282
54$4,897,558$2,098,588$1,585,972$4,059,762
55$5,313,476$2,117,786$1,555,469$4,339,904
56$5,769,183$2,135,289$1,521,309$4,646,101
57$6,268,654$2,150,933$1,483,288$4,980,997
58$6,816,269$2,164,541$1,441,190$5,347,502
59$7,416,848$2,175,923$1,394,790$5,748,830
60$8,075,705$2,184,882$1,343,853$6,188,523
61$8,798,688$2,191,202$1,288,134$6,670,485
62$9,592,243$2,194,660$1,227,375$7,199,022
63$10,463,467$2,195,013$1,161,307$7,778,885
64$11,420,179$2,192,007$1,089,649$8,415,307
65$12,470,993$2,185,372$1,012,109$9,114,062
66$13,625,398$2,174,819$928,378$9,881,515
67$14,893,847$2,160,043$838,137$10,724,685
68$16,287,855$2,140,721$741,051$11,651,308
69$17,820,110$2,116,510$636,769$12,669,916
70$19,504,587$2,087,045$524,927$13,789,916
71$21,356,687$2,051,942$405,144$15,021,676
72$23,393,373$2,010,791$277,020$16,376,629
73$25,633,338$1,963,161$140,141$17,867,381
74$28,097,175$1,908,592$0$19,507,826
75$30,807,575$1,846,601$0$21,314,740
76$33,789,537$1,776,674$0$23,340,352
77$37,070,606$1,698,267$0$25,568,967
78$40,681,132$1,610,806$0$28,021,230
79$44,654,555$1,513,684$0$30,719,892
80$49,027,722$1,406,257$0$33,690,027
81$53,841,232$1,287,845$0$36,959,265
82$59,139,819$1,157,731$0$40,558,058
83$64,972,775$1,015,155$0$44,519,962
84$71,394,415$859,314$0$48,881,961
85$78,464,587$689,361$0$53,684,811
86$86,249,236$504,401$0$58,973,426
87$94,821,028$303,488$0$64,797,306
88$104,260,037$85,622$0$71,211,000
89$114,654,493$0$0$78,274,625
90$126,101,622$0$0$86,079,233
91$138,708,557$0$0$94,690,324
92$152,593,353$0$0$104,174,424
93$167,886,100$0$0$114,620,411
94$184,730,145$0$0$126,126,225
95$203,283,453$0$0$138,799,790
96$223,720,089$0$0$152,760,032
97$246,231,867$0$0$168,138,003
98$271,030,154$0$0$185,078,114
99$298,347,869$0$0$203,739,504
100$328,441,680$0$0$224,297,532