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

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 $1,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$138,733$137,497$136,291$135,115$133,966$132,567
2 years$68,680$67,401$66,161$64,959$63,793$62,384
3 years$45,332$44,047$42,810$41,620$40,473$39,098
4 years$33,660$32,379$31,155$29,985$28,866$27,535
5 years$26,659$25,386$24,178$23,031$21,943$20,661
6 years$21,993$20,729$19,539$18,418$17,363$16,131
7 years$18,661$17,408$16,237$15,143$14,121$12,939
8 years$16,164$14,922$13,770$12,703$11,714$10,583
9 years$14,222$12,993$11,860$10,820$9,865$8,784
10 years$12,670$11,452$10,340$9,327$8,406$7,374
11 years$11,401$10,195$9,103$8,117$7,229$6,246
12 years$10,344$9,151$8,079$7,120$6,265$5,328
13 years$9,450$8,270$7,218$6,286$5,463$4,573
14 years$8,685$7,517$6,485$5,580$4,789$3,944
15 years$8,022$6,867$5,855$4,976$4,216$3,415
16 years$7,443$6,300$5,309$4,456$3,726$2,968
17 years$6,932$5,802$4,831$4,003$3,304$2,587
18 years$6,479$5,361$4,410$3,608$2,938$2,260
19 years$6,074$4,969$4,037$3,260$2,619$1,979
20 years$5,710$4,617$3,705$2,953$2,339$1,736
21 years$5,381$4,301$3,408$2,680$2,093$1,525
22 years$5,082$4,015$3,141$2,436$1,876$1,342
23 years$4,810$3,755$2,900$2,219$1,684$1,182
24 years$4,560$3,518$2,682$2,024$1,514$1,043
25 years$4,331$3,302$2,484$1,848$1,362$920
26 years$4,120$3,103$2,304$1,690$1,227$813
27 years$3,925$2,920$2,139$1,547$1,106$719
28 years$3,744$2,752$1,989$1,417$998$636
29 years$3,576$2,596$1,851$1,300$901$563
30 years$3,420$2,452$1,724$1,193$814$498
31 years$3,274$2,318$1,607$1,095$736$442
32 years$3,137$2,193$1,500$1,007$666$391
33 years$3,009$2,077$1,400$926$603$347
34 years$2,888$1,968$1,308$852$546$308
35 years$2,775$1,867$1,223$784$494$273
36 years$2,668$1,772$1,144$722$448$242
37 years$2,567$1,683$1,071$665$406$215
38 years$2,472$1,599$1,003$613$368$191
39 years$2,382$1,521$940$565$334$169
40 years$2,297$1,447$881$522$303$150
41 years$2,216$1,377$826$481$275$134
42 years$2,139$1,312$775$444$249$119
43 years$2,066$1,250$727$410$226$105
44 years$1,996$1,191$682$379$205$94
45 years$1,930$1,136$641$350$186$83
46 years$1,866$1,084$602$323$169$74
47 years$1,806$1,034$565$298$154$66
48 years$1,748$987$531$276$140$58
49 years$1,693$943$499$255$127$52
50 years$1,640$901$469$235$115$46

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 $3,942 every year, while hoping to spend $28,162 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: 57/17/26 Blend
40$1,680,000$1,680,000$1,680,000$1,680,000
41$1,855,426$1,766,386$1,740,346$1,947,810
42$2,014,715$1,822,975$1,768,684$2,068,130
43$2,189,308$1,881,393$1,797,027$2,195,904
44$2,380,736$1,941,699$1,825,345$2,334,584
45$2,590,685$2,003,957$1,853,608$2,485,234
46$2,821,014$2,068,229$1,881,783$2,649,023
47$3,073,767$2,134,582$1,909,832$2,827,237
48$3,351,198$2,203,084$1,937,719$3,021,295
49$3,655,791$2,273,805$1,965,403$3,232,759
50$3,990,280$2,346,820$1,992,842$3,463,346
51$4,357,676$2,422,202$2,019,990$3,714,952
52$4,761,300$2,500,030$2,046,800$3,989,661
53$5,204,806$2,580,385$2,073,221$4,289,770
54$5,692,221$2,663,349$2,099,200$4,617,811
55$6,227,984$2,749,010$2,124,679$4,976,571
56$6,816,982$2,837,455$2,149,600$5,369,119
57$7,464,601$2,928,777$2,173,898$5,798,838
58$8,176,774$3,023,071$2,197,507$6,269,455
59$8,960,038$3,120,434$2,220,357$6,785,074
60$9,821,596$3,220,970$2,242,373$7,350,218
61$10,769,384$3,324,782$2,263,477$7,969,869
62$11,812,144$3,431,979$2,283,587$8,649,516
63$12,959,511$3,542,674$2,302,615$9,395,209
64$14,222,099$3,656,983$2,320,470$10,213,609
65$15,611,603$3,775,026$2,337,056$11,112,060
66$17,140,911$3,896,926$2,352,272$12,098,651
67$18,824,221$4,022,813$2,366,010$13,182,296
68$20,677,179$4,152,818$2,378,159$14,372,816
69$22,717,025$4,287,080$2,388,601$15,681,032
70$24,962,754$4,425,740$2,397,212$17,118,870
71$27,435,299$4,568,945$2,403,863$18,699,468
72$30,157,723$4,716,847$2,408,416$20,437,305
73$33,155,441$4,869,602$2,410,728$22,348,334
74$36,456,458$5,027,375$2,410,649$24,450,134
75$40,091,632$5,190,331$2,408,021$26,762,078
76$44,094,967$5,358,646$2,402,678$29,305,510
77$48,503,933$5,532,499$2,394,447$32,103,953
78$53,359,819$5,712,076$2,383,146$35,183,326
79$58,708,122$5,897,570$2,368,583$38,572,192
80$64,598,979$6,089,179$2,350,559$42,302,025
81$71,087,636$6,287,110$2,328,864$46,407,508
82$78,234,972$6,491,575$2,303,278$50,926,860
83$86,108,073$6,702,796$2,273,571$55,902,200
84$94,780,863$6,921,001$2,239,503$61,379,938
85$104,334,807$7,146,425$2,200,822$67,411,219
86$114,859,670$7,379,313$2,157,263$74,052,402
87$126,454,376$7,619,918$2,108,550$81,365,596
88$139,227,930$7,868,502$2,054,395$89,419,240
89$153,300,456$8,125,336$1,994,494$98,288,758
90$168,804,325$8,390,700$1,928,532$108,057,260
91$185,885,406$8,664,884$1,856,177$118,816,338
92$204,704,443$8,948,189$1,777,085$130,666,921
93$225,438,571$9,240,926$1,690,893$143,720,234
94$248,282,991$9,543,416$1,597,223$158,098,846
95$273,452,806$9,855,994$1,495,680$173,937,826
96$301,185,058$10,179,003$1,385,851$191,386,020
97$331,740,963$10,512,803$1,267,305$210,607,457
98$365,408,372$10,857,762$1,139,592$231,782,893
99$402,504,498$11,214,263$1,002,239$255,111,523
100$443,378,898$11,582,704$854,756$280,812,858