Can I retire at age 41 with 1,680,000?

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 $1,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$138,733$137,497$136,291$135,115$133,966$133,066
2 years$68,680$67,401$66,161$64,959$63,793$62,885
3 years$45,332$44,047$42,810$41,620$40,473$39,586
4 years$33,660$32,379$31,155$29,985$28,866$28,006
5 years$26,659$25,386$24,178$23,031$21,943$21,113
6 years$21,993$20,729$19,539$18,418$17,363$16,564
7 years$18,661$17,408$16,237$15,143$14,121$13,353
8 years$16,164$14,922$13,770$12,703$11,714$10,978
9 years$14,222$12,993$11,860$10,820$9,865$9,159
10 years$12,670$11,452$10,340$9,327$8,406$7,731
11 years$11,401$10,195$9,103$8,117$7,229$6,584
12 years$10,344$9,151$8,079$7,120$6,265$5,649
13 years$9,450$8,270$7,218$6,286$5,463$4,877
14 years$8,685$7,517$6,485$5,580$4,789$4,231
15 years$8,022$6,867$5,855$4,976$4,216$3,686
16 years$7,443$6,300$5,309$4,456$3,726$3,223
17 years$6,932$5,802$4,831$4,003$3,304$2,827
18 years$6,479$5,361$4,410$3,608$2,938$2,485
19 years$6,074$4,969$4,037$3,260$2,619$2,190
20 years$5,710$4,617$3,705$2,953$2,339$1,934
21 years$5,381$4,301$3,408$2,680$2,093$1,711
22 years$5,082$4,015$3,141$2,436$1,876$1,516
23 years$4,810$3,755$2,900$2,219$1,684$1,344
24 years$4,560$3,518$2,682$2,024$1,514$1,194
25 years$4,331$3,302$2,484$1,848$1,362$1,061
26 years$4,120$3,103$2,304$1,690$1,227$944
27 years$3,925$2,920$2,139$1,547$1,106$841
28 years$3,744$2,752$1,989$1,417$998$749
29 years$3,576$2,596$1,851$1,300$901$668
30 years$3,420$2,452$1,724$1,193$814$596
31 years$3,274$2,318$1,607$1,095$736$532
32 years$3,137$2,193$1,500$1,007$666$475
33 years$3,009$2,077$1,400$926$603$424
34 years$2,888$1,968$1,308$852$546$379
35 years$2,775$1,867$1,223$784$494$339
36 years$2,668$1,772$1,144$722$448$303
37 years$2,567$1,683$1,071$665$406$271
38 years$2,472$1,599$1,003$613$368$242
39 years$2,382$1,521$940$565$334$217
40 years$2,297$1,447$881$522$303$194
41 years$2,216$1,377$826$481$275$173
42 years$2,139$1,312$775$444$249$155
43 years$2,066$1,250$727$410$226$139
44 years$1,996$1,191$682$379$205$124
45 years$1,930$1,136$641$350$186$111
46 years$1,866$1,084$602$323$169$100
47 years$1,806$1,034$565$298$154$89
48 years$1,748$987$531$276$140$80
49 years$1,693$943$499$255$127$72
50 years$1,640$901$469$235$115$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,680,000, adding $3,758 every year, while hoping to spend $44,006 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: 50/30/20 Blend
40$1,680,000$1,680,000$1,680,000$1,680,000
41$1,855,236$1,766,196$1,740,156$1,937,467
42$1,997,648$1,805,918$1,751,630$2,034,478
43$2,153,112$1,846,111$1,762,012$2,135,040
44$2,322,911$1,886,752$1,771,221$2,243,403
45$2,508,460$1,927,815$1,779,170$2,360,320
46$2,711,317$1,969,272$1,785,766$2,486,621
47$2,933,195$2,011,090$1,790,913$2,623,221
48$3,175,983$2,053,236$1,794,510$2,771,128
49$3,441,758$2,095,669$1,796,451$2,931,454
50$3,732,810$2,138,350$1,796,625$3,105,424
51$4,051,659$2,181,231$1,794,915$3,294,388
52$4,401,081$2,224,264$1,791,197$3,499,835
53$4,784,133$2,267,395$1,785,343$3,723,405
54$5,204,181$2,310,564$1,777,219$3,966,908
55$5,664,935$2,353,709$1,766,683$4,232,338
56$6,170,478$2,396,760$1,753,587$4,521,893
57$6,725,310$2,439,645$1,737,775$4,837,998
58$7,334,386$2,482,282$1,719,085$5,183,323
59$8,003,165$2,524,585$1,697,346$5,560,816
60$8,737,661$2,566,463$1,672,380$5,973,722
61$9,544,498$2,607,815$1,644,000$6,425,623
62$10,430,973$2,648,535$1,612,011$6,920,466
63$11,405,127$2,688,507$1,576,208$7,462,602
64$12,475,815$2,727,609$1,536,376$8,056,828
65$13,652,795$2,765,710$1,492,292$8,708,434
66$14,946,818$2,802,667$1,443,721$9,423,249
67$16,369,726$2,838,330$1,390,419$10,207,702
68$17,934,568$2,872,539$1,332,128$11,068,878
69$19,655,721$2,905,120$1,268,581$12,014,591
70$21,549,024$2,935,890$1,199,498$13,053,451
71$23,631,929$2,964,653$1,124,586$14,194,954
72$25,923,665$2,991,200$1,043,538$15,449,565
73$28,445,418$3,015,308$956,036$16,828,822
74$31,220,532$3,036,740$861,745$18,345,444
75$34,274,730$3,055,243$760,316$20,013,452
76$37,636,351$3,070,549$651,385$21,848,303
77$41,336,623$3,082,371$534,572$23,867,034
78$45,409,956$3,090,404$409,478$26,088,429
79$49,894,265$3,094,328$275,688$28,533,189
80$54,831,327$3,093,796$132,771$31,224,138
81$60,267,176$3,088,446$0$34,186,433
82$66,252,538$3,077,890$0$37,452,019
83$72,843,308$3,061,718$0$41,077,759
84$80,101,076$3,039,492$0$45,069,088
85$88,093,710$3,010,752$0$49,463,256
86$96,895,996$2,975,007$0$54,301,315
87$106,590,343$2,931,737$0$59,628,508
88$117,267,557$2,880,391$0$65,494,695
89$129,027,706$2,820,388$0$71,954,828
90$141,981,053$2,751,108$0$79,069,470
91$156,249,106$2,671,898$0$86,905,362
92$171,965,759$2,582,066$0$95,536,062
93$189,278,557$2,480,877$0$105,042,636
94$208,350,087$2,367,558$0$115,514,424
95$229,359,515$2,241,287$0$127,049,888
96$252,504,273$2,101,197$0$139,757,538
97$278,001,923$1,946,370$0$153,756,962
98$306,092,214$1,775,837$0$169,179,955
99$337,039,338$1,588,571$0$186,171,763
100$371,134,429$1,383,490$0$204,892,459