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

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$139,559$138,316$137,103$135,919$134,763$133,858
2 years$69,088$67,802$66,555$65,346$64,173$63,260
3 years$45,601$44,309$43,065$41,868$40,714$39,821
4 years$33,860$32,572$31,341$30,163$29,037$28,172
5 years$26,817$25,537$24,322$23,168$22,074$21,239
6 years$22,124$20,853$19,655$18,528$17,466$16,662
7 years$18,772$17,512$16,334$15,233$14,205$13,432
8 years$16,260$15,011$13,852$12,778$11,784$11,043
9 years$14,307$13,070$11,931$10,884$9,924$9,214
10 years$12,745$11,520$10,402$9,382$8,456$7,777
11 years$11,469$10,256$9,157$8,166$7,272$6,623
12 years$10,405$9,205$8,127$7,162$6,302$5,683
13 years$9,507$8,319$7,261$6,323$5,495$4,906
14 years$8,737$7,562$6,524$5,613$4,817$4,256
15 years$8,070$6,908$5,890$5,006$4,241$3,708
16 years$7,487$6,338$5,340$4,482$3,749$3,242
17 years$6,974$5,837$4,860$4,027$3,324$2,843
18 years$6,518$5,393$4,436$3,629$2,955$2,500
19 years$6,110$4,999$4,061$3,279$2,634$2,203
20 years$5,744$4,645$3,727$2,970$2,353$1,946
21 years$5,413$4,327$3,428$2,696$2,106$1,721
22 years$5,112$4,039$3,160$2,451$1,887$1,525
23 years$4,838$3,777$2,917$2,232$1,694$1,352
24 years$4,587$3,539$2,698$2,036$1,523$1,201
25 years$4,357$3,321$2,499$1,859$1,370$1,068
26 years$4,145$3,121$2,318$1,700$1,234$950
27 years$3,949$2,938$2,152$1,556$1,113$846
28 years$3,767$2,768$2,001$1,426$1,004$753
29 years$3,598$2,611$1,862$1,307$907$672
30 years$3,440$2,466$1,734$1,200$819$599
31 years$3,293$2,331$1,617$1,102$741$535
32 years$3,156$2,206$1,508$1,013$670$478
33 years$3,027$2,089$1,408$931$606$427
34 years$2,905$1,980$1,316$857$549$381
35 years$2,791$1,878$1,230$789$497$341
36 years$2,684$1,782$1,151$726$451$305
37 years$2,583$1,693$1,077$669$408$272
38 years$2,487$1,609$1,009$617$370$244
39 years$2,396$1,530$945$569$336$218
40 years$2,310$1,456$886$525$304$195
41 years$2,229$1,386$831$484$276$174
42 years$2,152$1,320$779$447$251$156
43 years$2,078$1,257$731$412$227$140
44 years$2,008$1,198$686$381$206$125
45 years$1,941$1,143$644$352$187$112
46 years$1,878$1,090$605$325$170$100
47 years$1,817$1,040$569$300$155$90
48 years$1,759$993$534$277$140$80
49 years$1,703$948$502$256$127$72
50 years$1,650$906$472$237$116$65

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 $6,269 every year, while hoping to spend $32,573 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: 88/7/5 Blend
40$1,690,000$1,690,000$1,690,000$1,690,000
41$1,868,846$1,779,276$1,753,081$2,032,962
42$2,024,811$1,831,804$1,777,152$2,193,213
43$2,195,593$1,885,813$1,800,938$2,364,128
44$2,382,668$1,941,342$1,824,394$2,550,943
45$2,587,664$1,998,431$1,847,474$2,755,234
46$2,812,370$2,057,120$1,870,130$2,978,740
47$3,058,761$2,117,448$1,892,308$3,223,373
48$3,329,009$2,179,457$1,913,955$3,491,241
49$3,625,508$2,243,190$1,935,012$3,784,666
50$3,950,892$2,308,689$1,955,418$4,106,204
51$4,308,067$2,375,998$1,975,108$4,458,671
52$4,700,230$2,445,163$1,994,014$4,845,168
53$5,130,906$2,516,228$2,012,066$5,269,112
54$5,603,975$2,589,239$2,029,186$5,734,267
55$6,123,712$2,664,244$2,045,297$6,244,778
56$6,694,830$2,741,291$2,060,312$6,805,213
57$7,322,515$2,820,427$2,074,146$7,420,603
58$8,012,487$2,901,703$2,086,705$8,096,492
59$8,771,042$2,985,168$2,097,891$8,838,986
60$9,605,121$3,070,874$2,107,603$9,654,812
61$10,522,367$3,158,871$2,115,732$10,551,384
62$11,531,205$3,249,212$2,122,165$11,536,867
63$12,640,914$3,341,949$2,126,784$12,620,260
64$13,861,720$3,437,137$2,129,463$13,811,475
65$15,204,888$3,534,829$2,130,073$15,121,435
66$16,682,831$3,635,080$2,128,475$16,562,176
67$18,309,226$3,737,946$2,124,525$18,146,956
68$20,099,143$3,843,481$2,118,073$19,890,387
69$22,069,186$3,951,742$2,108,959$21,808,567
70$24,237,652$4,062,786$2,097,018$23,919,234
71$26,624,699$4,176,670$2,082,075$26,241,934
72$29,252,542$4,293,450$2,063,948$28,798,204
73$32,145,657$4,413,185$2,042,445$31,611,774
74$35,331,014$4,535,931$2,017,367$34,708,794
75$38,838,332$4,661,746$1,988,504$38,118,078
76$42,700,358$4,790,688$1,955,635$41,871,375
77$46,953,178$4,922,815$1,918,532$46,003,671
78$51,636,552$5,058,183$1,876,954$50,553,518
79$56,794,297$5,196,851$1,830,648$55,563,399
80$62,474,692$5,338,873$1,779,351$61,080,123
81$68,730,940$5,484,308$1,722,789$67,155,275
82$75,621,666$5,633,209$1,660,673$73,845,697
83$83,211,472$5,785,631$1,592,700$81,214,024
84$91,571,544$5,941,629$1,518,558$89,329,281
85$100,780,327$6,101,255$1,437,915$98,267,525
86$110,924,263$6,264,559$1,350,428$108,112,572
87$122,098,607$6,431,592$1,255,737$118,956,782
88$134,408,327$6,602,402$1,153,466$130,901,932
89$147,969,092$6,777,035$1,043,223$144,060,177
90$162,908,365$6,955,535$924,596$158,555,108
91$179,366,606$7,137,944$797,158$174,522,920
92$197,498,597$7,324,301$660,460$192,113,694
93$217,474,905$7,514,643$514,037$211,492,816
94$239,483,487$7,709,001$357,398$232,842,540
95$263,731,467$7,907,407$190,036$256,363,701
96$290,447,092$8,109,886$11,418$282,277,620
97$319,881,885$8,316,459$0$310,828,185
98$352,313,015$8,527,144$0$342,293,718
99$388,045,921$8,741,952$0$376,962,102
100$427,417,188$8,960,891$0$415,159,135