Can I retire at age 41 with 1,690,000?

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$139,559$138,316$137,103$135,919$134,763$130,397
2 years$69,088$67,802$66,555$65,346$64,173$59,815
3 years$45,601$44,309$43,065$41,868$40,714$36,501
4 years$33,860$32,572$31,341$30,163$29,037$25,002
5 years$26,817$25,537$24,322$23,168$22,074$18,227
6 years$22,124$20,853$19,655$18,528$17,466$13,810
7 years$18,772$17,512$16,334$15,233$14,205$10,740
8 years$16,260$15,011$13,852$12,778$11,784$8,508
9 years$14,307$13,070$11,931$10,884$9,924$6,832
10 years$12,745$11,520$10,402$9,382$8,456$5,544
11 years$11,469$10,256$9,157$8,166$7,272$4,535
12 years$10,405$9,205$8,127$7,162$6,302$3,733
13 years$9,507$8,319$7,261$6,323$5,495$3,089
14 years$8,737$7,562$6,524$5,613$4,817$2,566
15 years$8,070$6,908$5,890$5,006$4,241$2,139
16 years$7,487$6,338$5,340$4,482$3,749$1,788
17 years$6,974$5,837$4,860$4,027$3,324$1,498
18 years$6,518$5,393$4,436$3,629$2,955$1,257
19 years$6,110$4,999$4,061$3,279$2,634$1,057
20 years$5,744$4,645$3,727$2,970$2,353$889
21 years$5,413$4,327$3,428$2,696$2,106$749
22 years$5,112$4,039$3,160$2,451$1,887$632
23 years$4,838$3,777$2,917$2,232$1,694$533
24 years$4,587$3,539$2,698$2,036$1,523$450
25 years$4,357$3,321$2,499$1,859$1,370$381
26 years$4,145$3,121$2,318$1,700$1,234$322
27 years$3,949$2,938$2,152$1,556$1,113$272
28 years$3,767$2,768$2,001$1,426$1,004$230
29 years$3,598$2,611$1,862$1,307$907$195
30 years$3,440$2,466$1,734$1,200$819$165
31 years$3,293$2,331$1,617$1,102$741$140
32 years$3,156$2,206$1,508$1,013$670$118
33 years$3,027$2,089$1,408$931$606$100
34 years$2,905$1,980$1,316$857$549$85
35 years$2,791$1,878$1,230$789$497$72
36 years$2,684$1,782$1,151$726$451$61
37 years$2,583$1,693$1,077$669$408$52
38 years$2,487$1,609$1,009$617$370$44
39 years$2,396$1,530$945$569$336$37
40 years$2,310$1,456$886$525$304$31
41 years$2,229$1,386$831$484$276$27
42 years$2,152$1,320$779$447$251$22
43 years$2,078$1,257$731$412$227$19
44 years$2,008$1,198$686$381$206$16
45 years$1,941$1,143$644$352$187$14
46 years$1,878$1,090$605$325$170$12
47 years$1,817$1,040$569$300$155$10
48 years$1,759$993$534$277$140$8
49 years$1,703$948$502$256$127$7
50 years$1,650$906$472$237$116$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,690,000, adding $2,615 every year, while hoping to spend $27,255 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: 38/49/13 Blend
40$1,690,000$1,690,000$1,690,000$1,690,000
41$1,865,077$1,775,507$1,749,312$1,928,496
42$2,026,316$1,833,508$1,778,915$2,031,934
43$2,203,088$1,893,437$1,808,596$2,140,813
44$2,396,948$1,955,361$1,838,329$2,257,881
45$2,609,610$2,019,347$1,868,087$2,383,888
46$2,842,961$2,085,466$1,897,838$2,519,656
47$3,099,079$2,153,790$1,927,553$2,666,090
48$3,380,255$2,224,396$1,957,195$2,824,181
49$3,689,011$2,297,361$1,986,731$2,995,022
50$4,028,125$2,372,766$2,016,121$3,179,814
51$4,400,657$2,450,695$2,045,325$3,379,874
52$4,809,981$2,531,236$2,074,300$3,596,655
53$5,259,810$2,614,477$2,103,000$3,831,752
54$5,754,236$2,700,512$2,131,376$4,086,919
55$6,297,768$2,789,438$2,159,378$4,364,089
56$6,895,374$2,881,354$2,186,950$4,665,384
57$7,552,526$2,976,363$2,214,036$4,993,143
58$8,275,252$3,074,574$2,240,575$5,349,936
59$9,070,196$3,176,096$2,266,503$5,738,595
60$9,944,677$3,281,046$2,291,751$6,162,233
61$10,906,758$3,389,541$2,316,249$6,624,281
62$11,965,325$3,501,706$2,339,921$7,128,511
63$13,130,167$3,617,669$2,362,687$7,679,079
64$14,412,071$3,737,562$2,384,464$8,280,559
65$15,822,922$3,861,522$2,405,164$8,937,986
66$17,375,816$3,989,692$2,424,692$9,656,905
67$19,085,182$4,122,220$2,442,952$10,443,422
68$20,966,919$4,259,258$2,459,840$11,304,260
69$23,038,548$4,400,964$2,475,248$12,246,821
70$25,319,373$4,547,505$2,489,062$13,279,260
71$27,830,665$4,699,048$2,501,161$14,410,556
72$30,595,864$4,855,772$2,511,421$15,650,597
73$33,640,796$5,017,859$2,519,708$17,010,276
74$36,993,922$5,185,500$2,525,883$18,501,590
75$40,686,603$5,358,890$2,529,801$20,137,753
76$44,753,395$5,538,234$2,531,308$21,933,321
77$49,232,378$5,723,744$2,530,243$23,904,327
78$54,165,513$5,915,640$2,526,438$26,068,433
79$59,599,037$6,114,148$2,519,716$28,445,095
80$65,583,903$6,319,506$2,509,891$31,055,747
81$72,176,257$6,531,957$2,496,768$33,923,999
82$79,437,970$6,751,757$2,480,144$37,075,865
83$87,437,218$6,979,169$2,459,804$40,540,001
84$96,249,132$7,214,466$2,435,525$44,347,980
85$105,956,501$7,457,932$2,407,073$48,534,585
86$116,650,555$7,709,861$2,374,200$53,138,137
87$128,431,827$7,970,560$2,336,652$58,200,859
88$141,411,100$8,240,344$2,294,156$63,769,270
89$155,710,455$8,519,544$2,246,434$69,894,623
90$171,464,420$8,808,500$2,193,188$76,633,389
91$188,821,242$9,107,568$2,134,110$84,047,790
92$207,944,284$9,417,114$2,068,879$92,206,381
93$229,013,570$9,737,521$1,997,155$101,184,700
94$252,227,480$10,069,186$1,918,586$111,065,978
95$277,804,627$10,412,520$1,832,802$121,941,924
96$305,985,916$10,767,951$1,739,418$133,913,586
97$337,036,820$11,135,921$1,638,030$147,092,308
98$371,249,888$11,516,894$1,528,216$161,600,780
99$408,947,501$11,911,346$1,409,535$177,574,188
100$450,484,920$12,319,775$1,281,528$195,161,495