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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.3%
1 years$137,907$136,679$135,480$134,310$133,168$131,887
2 years$68,271$66,999$65,767$64,572$63,413$62,123
3 years$45,062$43,785$42,556$41,372$40,232$38,972
4 years$33,460$32,186$30,970$29,806$28,694$27,474
5 years$26,500$25,235$24,034$22,894$21,813$20,637
6 years$21,862$20,606$19,423$18,309$17,260$16,129
7 years$18,550$17,305$16,140$15,052$14,037$12,952
8 years$16,068$14,833$13,688$12,627$11,645$10,606
9 years$14,138$12,915$11,790$10,756$9,807$8,813
10 years$12,595$11,384$10,279$9,271$8,356$7,407
11 years$11,333$10,135$9,049$8,069$7,186$6,282
12 years$10,282$9,096$8,031$7,077$6,227$5,366
13 years$9,394$8,220$7,175$6,248$5,430$4,611
14 years$8,633$7,472$6,447$5,547$4,760$3,982
15 years$7,975$6,826$5,821$4,947$4,191$3,453
16 years$7,399$6,263$5,277$4,429$3,704$3,005
17 years$6,891$5,768$4,802$3,980$3,284$2,623
18 years$6,441$5,330$4,384$3,586$2,920$2,295
19 years$6,038$4,939$4,013$3,241$2,603$2,012
20 years$5,676$4,590$3,683$2,935$2,325$1,768
21 years$5,349$4,275$3,388$2,664$2,081$1,556
22 years$5,052$3,991$3,122$2,422$1,865$1,371
23 years$4,781$3,733$2,883$2,206$1,674$1,209
24 years$4,533$3,497$2,666$2,012$1,505$1,068
25 years$4,306$3,282$2,469$1,837$1,354$944
26 years$4,096$3,084$2,290$1,680$1,220$836
27 years$3,902$2,903$2,127$1,538$1,100$740
28 years$3,722$2,735$1,977$1,409$992$656
29 years$3,555$2,580$1,840$1,292$896$581
30 years$3,399$2,437$1,714$1,186$810$516
31 years$3,254$2,304$1,598$1,089$732$458
32 years$3,118$2,180$1,491$1,001$662$406
33 years$2,991$2,064$1,392$920$599$361
34 years$2,871$1,957$1,300$847$542$320
35 years$2,758$1,856$1,216$779$491$285
36 years$2,652$1,761$1,137$718$445$253
37 years$2,552$1,673$1,065$661$403$225
38 years$2,458$1,590$997$610$366$200
39 years$2,368$1,512$934$562$332$178
40 years$2,283$1,438$875$518$301$158
41 years$2,203$1,369$821$478$273$141
42 years$2,126$1,304$770$441$248$125
43 years$2,053$1,242$723$408$225$111
44 years$1,984$1,184$678$376$204$99
45 years$1,918$1,129$637$347$185$88
46 years$1,855$1,077$598$321$168$78
47 years$1,795$1,028$562$297$153$70
48 years$1,738$981$528$274$139$62
49 years$1,683$937$496$253$126$55
50 years$1,631$895$467$234$114$49

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 $4,741 every year, while hoping to spend $51,496 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: 35/37/28 Blend
40$1,670,000$1,670,000$1,670,000$1,670,000
41$1,845,230$1,756,720$1,730,835$1,894,101
42$1,978,652$1,788,008$1,734,027$1,962,402
43$2,123,958$1,819,103$1,735,600$2,031,079
44$2,282,304$1,849,942$1,735,445$2,104,191
45$2,454,965$1,880,455$1,733,448$2,182,167
46$2,643,343$1,910,569$1,729,490$2,265,487
47$2,848,982$1,940,205$1,723,446$2,354,679
48$3,073,581$1,969,278$1,715,184$2,450,328
49$3,319,010$1,997,696$1,704,567$2,553,078
50$3,587,328$2,025,362$1,691,449$2,663,646
51$3,880,803$2,052,172$1,675,680$2,782,822
52$4,201,930$2,078,014$1,657,100$2,911,479
53$4,553,459$2,102,769$1,635,545$3,050,582
54$4,938,416$2,126,309$1,610,841$3,201,202
55$5,360,135$2,148,499$1,582,804$3,364,516
56$5,822,286$2,169,192$1,551,245$3,541,830
57$6,328,913$2,188,236$1,515,965$3,734,586
58$6,884,466$2,205,464$1,476,755$3,944,377
59$7,493,852$2,220,702$1,433,396$4,172,964
60$8,162,470$2,233,762$1,385,660$4,422,290
61$8,896,272$2,244,446$1,333,309$4,694,505
62$9,701,810$2,252,542$1,276,094$4,991,983
63$10,586,303$2,257,825$1,213,752$5,317,345
64$11,557,705$2,260,057$1,146,011$5,673,487
65$12,624,775$2,258,984$1,072,586$6,063,608
66$13,797,163$2,254,336$993,179$6,491,238
67$15,085,503$2,245,827$907,479$6,960,278
68$16,501,505$2,233,153$815,161$7,475,033
69$18,058,073$2,215,993$715,884$8,040,256
70$19,769,425$2,194,005$609,294$8,661,197
71$21,651,221$2,166,826$495,020$9,343,649
72$23,720,718$2,134,073$372,676$10,094,005
73$25,996,927$2,095,338$241,856$10,919,325
74$28,500,796$2,050,192$102,141$11,827,399
75$31,255,403$1,998,177$0$12,826,824
76$34,286,176$1,938,810$0$13,941,117
77$37,621,135$1,871,580$0$15,200,196
78$41,291,149$1,795,946$0$16,585,209
79$45,330,233$1,711,335$0$18,109,051
80$49,775,866$1,617,140$0$19,785,942
81$54,669,346$1,512,721$0$21,631,561
82$60,056,175$1,397,400$0$23,663,193
83$65,986,493$1,270,461$0$25,899,898
84$72,515,548$1,131,146$0$28,362,690
85$79,704,218$978,656$0$31,074,738
86$87,619,582$812,144$0$34,061,585
87$96,335,558$630,717$0$37,351,391
88$105,933,595$433,433$0$40,975,206
89$116,503,444$219,293$0$44,967,257
90$128,144,003$0$0$49,365,279
91$140,964,250$0$0$54,216,066
92$155,084,275$0$0$59,657,313
93$170,636,404$0$0$65,650,771
94$187,766,457$0$0$72,252,676
95$206,635,117$0$0$79,524,999
96$227,419,450$0$0$87,536,030
97$250,314,572$0$0$96,361,020
98$275,535,495$0$0$106,082,893
99$303,319,150$0$0$116,793,027
100$333,926,628$0$0$128,592,120