Can I retire at age 41 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$140,384$139,134$137,914$136,723$135,560$131,379
2 years$69,497$68,203$66,949$65,732$64,553$60,376
3 years$45,871$44,571$43,320$42,115$40,955$36,915
4 years$34,061$32,765$31,526$30,342$29,209$25,337
5 years$26,976$25,688$24,465$23,305$22,204$18,509
6 years$22,255$20,976$19,772$18,637$17,570$14,055
7 years$18,883$17,616$16,430$15,323$14,289$10,955
8 years$16,356$15,100$13,934$12,854$11,854$8,699
9 years$14,392$13,147$12,002$10,949$9,983$7,003
10 years$12,821$11,589$10,463$9,438$8,506$5,697
11 years$11,537$10,317$9,212$8,214$7,315$4,672
12 years$10,467$9,260$8,175$7,205$6,339$3,856
13 years$9,563$8,368$7,304$6,361$5,528$3,199
14 years$8,788$7,606$6,563$5,646$4,846$2,665
15 years$8,118$6,949$5,925$5,035$4,267$2,228
16 years$7,532$6,375$5,372$4,509$3,771$1,867
17 years$7,015$5,871$4,888$4,051$3,343$1,569
18 years$6,556$5,425$4,462$3,651$2,973$1,321
19 years$6,146$5,028$4,085$3,299$2,650$1,114
20 years$5,778$4,672$3,749$2,988$2,367$940
21 years$5,445$4,352$3,448$2,712$2,118$795
22 years$5,142$4,063$3,178$2,465$1,899$672
23 years$4,867$3,800$2,935$2,245$1,704$569
24 years$4,615$3,560$2,714$2,048$1,532$482
25 years$4,383$3,341$2,514$1,870$1,378$409
26 years$4,169$3,140$2,331$1,710$1,242$347
27 years$3,972$2,955$2,165$1,565$1,119$294
28 years$3,789$2,784$2,013$1,434$1,010$250
29 years$3,619$2,627$1,873$1,315$912$212
30 years$3,460$2,481$1,744$1,207$824$180
31 years$3,313$2,345$1,626$1,108$745$153
32 years$3,174$2,219$1,517$1,019$674$130
33 years$3,044$2,101$1,417$937$610$110
34 years$2,923$1,992$1,324$862$552$94
35 years$2,808$1,889$1,238$793$500$80
36 years$2,700$1,793$1,158$731$453$68
37 years$2,598$1,703$1,084$673$411$58
38 years$2,502$1,618$1,015$621$372$49
39 years$2,411$1,539$951$572$338$42
40 years$2,324$1,464$891$528$306$35
41 years$2,242$1,394$836$487$278$30
42 years$2,164$1,327$784$449$252$26
43 years$2,090$1,265$736$415$229$22
44 years$2,020$1,206$690$383$208$18
45 years$1,953$1,150$648$354$189$16
46 years$1,889$1,097$609$327$171$13
47 years$1,828$1,047$572$302$155$11
48 years$1,769$999$538$279$141$10
49 years$1,713$954$505$258$128$8
50 years$1,660$911$475$238$116$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,700,000, adding $6,582 every year, while hoping to spend $30,747 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: 38/37/25 Blend
40$1,700,000$1,700,000$1,700,000$1,700,000
41$1,880,189$1,790,089$1,763,739$1,937,399
42$2,039,254$1,845,089$1,790,110$2,034,747
43$2,213,513$1,901,753$1,816,334$2,136,556
44$2,404,483$1,960,131$1,842,373$2,245,982
45$2,613,836$2,020,273$1,868,188$2,363,735
46$2,843,412$2,082,231$1,893,737$2,490,595
47$3,095,238$2,146,058$1,918,975$2,627,420
48$3,371,546$2,211,810$1,943,855$2,775,154
49$3,674,797$2,279,542$1,968,327$2,934,836
50$4,007,700$2,349,312$1,992,339$3,107,610
51$4,373,237$2,421,181$2,015,835$3,294,733
52$4,774,697$2,495,208$2,038,755$3,497,592
53$5,215,701$2,571,458$2,061,038$3,717,711
54$5,700,238$2,649,995$2,082,618$3,956,768
55$6,232,702$2,730,884$2,103,425$4,216,612
56$6,817,935$2,814,196$2,123,388$4,499,279
57$7,461,272$2,899,998$2,142,428$4,807,008
58$8,168,587$2,988,364$2,160,466$5,142,269
59$8,946,357$3,079,367$2,177,415$5,507,778
60$9,801,712$3,173,084$2,193,186$5,906,530
61$10,742,514$3,269,591$2,207,684$6,341,821
62$11,777,419$3,368,970$2,220,810$6,817,282
63$12,915,968$3,471,302$2,232,460$7,336,915
64$14,168,673$3,576,672$2,242,524$7,905,124
65$15,547,115$3,685,167$2,250,886$8,526,764
66$17,064,055$3,796,874$2,257,425$9,207,181
67$18,733,554$3,911,886$2,262,013$9,952,267
68$20,571,104$4,030,296$2,264,518$10,768,511
69$22,593,776$4,152,200$2,264,799$11,663,063
70$24,820,380$4,277,696$2,262,708$12,643,800
71$27,271,641$4,406,886$2,258,092$13,719,400
72$29,970,398$4,539,873$2,250,788$14,899,426
73$32,941,816$4,676,764$2,240,626$16,194,413
74$36,213,622$4,817,667$2,227,428$17,615,969
75$39,816,373$4,962,694$2,211,008$19,176,886
76$43,783,737$5,111,959$2,191,171$20,891,255
77$48,152,813$5,265,581$2,167,710$22,774,606
78$52,964,485$5,423,679$2,140,413$24,844,050
79$58,263,799$5,586,376$2,109,054$27,118,442
80$64,100,397$5,753,799$2,073,398$29,618,557
81$70,528,979$5,926,077$2,033,198$32,367,288
82$77,609,823$6,103,342$1,988,198$35,389,863
83$85,409,349$6,285,730$1,938,127$38,714,078
84$94,000,752$6,473,380$1,882,704$42,370,566
85$103,464,687$6,666,434$1,821,632$46,393,082
86$113,890,033$6,865,037$1,754,605$50,818,820
87$125,374,730$7,069,338$1,681,298$55,688,770
88$138,026,706$7,279,489$1,601,375$61,048,099
89$151,964,891$7,495,645$1,514,482$66,946,579
90$167,320,345$7,717,967$1,420,252$73,439,061
91$184,237,488$7,946,615$1,318,299$80,585,985
92$202,875,470$8,181,757$1,208,220$88,453,958
93$223,409,667$8,423,563$1,089,594$97,116,377
94$246,033,341$8,672,205$961,983$106,654,128
95$270,959,460$8,927,861$824,928$117,156,343
96$298,422,711$9,190,712$677,949$128,721,247
97$328,681,713$9,460,942$520,545$141,457,081
98$362,021,459$9,738,740$352,195$155,483,127
99$398,756,007$10,024,298$172,353$170,930,835
100$439,231,443$10,317,811$0$187,945,061