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%13.2%
1 years$138,733$137,497$136,291$135,115$133,966$132,182
2 years$68,680$67,401$66,161$64,959$63,793$61,999
3 years$45,332$44,047$42,810$41,620$40,473$38,724
4 years$33,660$32,379$31,155$29,985$28,866$27,176
5 years$26,659$25,386$24,178$23,031$21,943$20,317
6 years$21,993$20,729$19,539$18,418$17,363$15,802
7 years$18,661$17,408$16,237$15,143$14,121$12,626
8 years$16,164$14,922$13,770$12,703$11,714$10,286
9 years$14,222$12,993$11,860$10,820$9,865$8,502
10 years$12,670$11,452$10,340$9,327$8,406$7,107
11 years$11,401$10,195$9,103$8,117$7,229$5,993
12 years$10,344$9,151$8,079$7,120$6,265$5,091
13 years$9,450$8,270$7,218$6,286$5,463$4,349
14 years$8,685$7,517$6,485$5,580$4,789$3,733
15 years$8,022$6,867$5,855$4,976$4,216$3,218
16 years$7,443$6,300$5,309$4,456$3,726$2,783
17 years$6,932$5,802$4,831$4,003$3,304$2,413
18 years$6,479$5,361$4,410$3,608$2,938$2,098
19 years$6,074$4,969$4,037$3,260$2,619$1,828
20 years$5,710$4,617$3,705$2,953$2,339$1,595
21 years$5,381$4,301$3,408$2,680$2,093$1,394
22 years$5,082$4,015$3,141$2,436$1,876$1,220
23 years$4,810$3,755$2,900$2,219$1,684$1,069
24 years$4,560$3,518$2,682$2,024$1,514$938
25 years$4,331$3,302$2,484$1,848$1,362$823
26 years$4,120$3,103$2,304$1,690$1,227$723
27 years$3,925$2,920$2,139$1,547$1,106$636
28 years$3,744$2,752$1,989$1,417$998$559
29 years$3,576$2,596$1,851$1,300$901$492
30 years$3,420$2,452$1,724$1,193$814$434
31 years$3,274$2,318$1,607$1,095$736$382
32 years$3,137$2,193$1,500$1,007$666$336
33 years$3,009$2,077$1,400$926$603$297
34 years$2,888$1,968$1,308$852$546$261
35 years$2,775$1,867$1,223$784$494$231
36 years$2,668$1,772$1,144$722$448$203
37 years$2,567$1,683$1,071$665$406$179
38 years$2,472$1,599$1,003$613$368$158
39 years$2,382$1,521$940$565$334$140
40 years$2,297$1,447$881$522$303$123
41 years$2,216$1,377$826$481$275$109
42 years$2,139$1,312$775$444$249$96
43 years$2,066$1,250$727$410$226$85
44 years$1,996$1,191$682$379$205$75
45 years$1,930$1,136$641$350$186$66
46 years$1,866$1,084$602$323$169$58
47 years$1,806$1,034$565$298$154$52
48 years$1,748$987$531$276$140$46
49 years$1,693$943$499$255$127$40
50 years$1,640$901$469$235$115$36

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 $4,753 every year, while hoping to spend $48,331 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: 73/17/10 Blend
40$1,680,000$1,680,000$1,680,000$1,680,000
41$1,856,263$1,767,223$1,741,183$1,987,967
42$1,994,178$1,802,393$1,748,089$2,110,752
43$2,144,540$1,837,666$1,753,606$2,238,712
44$2,308,569$1,872,998$1,757,637$2,377,528
45$2,487,605$1,908,336$1,760,080$2,528,258
46$2,683,125$1,943,629$1,760,827$2,692,070
47$2,896,754$1,978,817$1,759,765$2,870,249
48$3,130,281$2,013,838$1,756,776$3,064,212
49$3,385,678$2,048,624$1,751,735$3,275,519
50$3,665,112$2,083,101$1,744,514$3,505,888
51$3,970,972$2,117,192$1,734,974$3,757,213
52$4,305,889$2,150,812$1,722,973$4,031,579
53$4,672,758$2,183,871$1,708,361$4,331,287
54$5,074,770$2,216,271$1,690,982$4,658,867
55$5,515,437$2,247,908$1,670,670$5,017,111
56$5,998,627$2,278,672$1,647,253$5,409,093
57$6,528,603$2,308,442$1,620,551$5,838,202
58$7,110,056$2,337,092$1,590,376$6,308,170
59$7,748,157$2,364,484$1,556,529$6,823,113
60$8,448,600$2,390,475$1,518,803$7,387,564
61$9,217,657$2,414,908$1,476,983$8,006,519
62$10,062,238$2,437,619$1,430,842$8,685,483
63$10,989,954$2,458,430$1,380,143$9,430,525
64$12,009,191$2,477,154$1,324,639$10,248,330
65$13,129,184$2,493,591$1,264,071$11,146,267
66$14,360,112$2,507,528$1,198,168$12,132,458
67$15,713,184$2,518,737$1,126,647$13,215,852
68$17,200,752$2,526,979$1,049,213$14,406,311
69$18,836,424$2,531,996$965,557$15,714,705
70$20,635,192$2,533,517$875,356$17,153,013
71$22,613,575$2,531,252$778,273$18,734,438
72$24,789,770$2,524,894$673,957$20,473,528
73$27,183,830$2,514,117$562,038$22,386,319
74$29,817,848$2,498,576$442,133$24,490,482
75$32,716,166$2,477,903$313,841$26,805,494
76$35,905,604$2,451,710$176,744$29,352,817
77$39,415,715$2,419,583$30,405$32,156,108
78$43,279,061$2,381,086$0$35,241,437
79$47,531,521$2,335,755$0$38,650,955
80$52,212,629$2,283,100$0$42,407,241
81$57,365,946$2,222,601$0$46,541,999
82$63,039,472$2,153,707$0$51,093,744
83$69,286,097$2,075,838$0$56,104,921
84$76,164,100$1,988,375$0$61,622,303
85$83,737,700$1,890,668$0$67,697,435
86$92,077,661$1,782,026$0$74,387,120
87$101,261,958$1,661,720$0$81,753,956
88$111,376,512$1,528,979$0$89,866,926
89$122,516,005$1,382,988$0$98,802,052
90$134,784,767$1,222,884$0$108,643,109
91$148,297,766$1,047,757$0$119,482,422
92$163,181,686$856,645$0$131,421,732
93$179,576,128$648,532$0$144,573,161
94$197,634,926$422,343$0$159,060,270
95$217,527,596$176,944$0$175,019,225
96$239,440,936$0$0$192,600,085
97$263,580,790$0$0$211,984,841
98$290,173,991$0$0$233,376,264
99$319,470,500$0$0$256,942,334
100$351,745,764$0$0$282,904,637