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

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$140,384$139,134$137,914$136,723$135,560$131,590
2 years$69,497$68,203$66,949$65,732$64,553$60,585
3 years$45,871$44,571$43,320$42,115$40,955$37,114
4 years$34,061$32,765$31,526$30,342$29,209$25,525
5 years$26,976$25,688$24,465$23,305$22,204$18,686
6 years$22,255$20,976$19,772$18,637$17,570$14,221
7 years$18,883$17,616$16,430$15,323$14,289$11,109
8 years$16,356$15,100$13,934$12,854$11,854$8,842
9 years$14,392$13,147$12,002$10,949$9,983$7,135
10 years$12,821$11,589$10,463$9,438$8,506$5,819
11 years$11,537$10,317$9,212$8,214$7,315$4,784
12 years$10,467$9,260$8,175$7,205$6,339$3,959
13 years$9,563$8,368$7,304$6,361$5,528$3,294
14 years$8,788$7,606$6,563$5,646$4,846$2,752
15 years$8,118$6,949$5,925$5,035$4,267$2,307
16 years$7,532$6,375$5,372$4,509$3,771$1,939
17 years$7,015$5,871$4,888$4,051$3,343$1,634
18 years$6,556$5,425$4,462$3,651$2,973$1,380
19 years$6,146$5,028$4,085$3,299$2,650$1,167
20 years$5,778$4,672$3,749$2,988$2,367$988
21 years$5,445$4,352$3,448$2,712$2,118$838
22 years$5,142$4,063$3,178$2,465$1,899$711
23 years$4,867$3,800$2,935$2,245$1,704$604
24 years$4,615$3,560$2,714$2,048$1,532$513
25 years$4,383$3,341$2,514$1,870$1,378$436
26 years$4,169$3,140$2,331$1,710$1,242$371
27 years$3,972$2,955$2,165$1,565$1,119$316
28 years$3,789$2,784$2,013$1,434$1,010$269
29 years$3,619$2,627$1,873$1,315$912$229
30 years$3,460$2,481$1,744$1,207$824$195
31 years$3,313$2,345$1,626$1,108$745$166
32 years$3,174$2,219$1,517$1,019$674$142
33 years$3,044$2,101$1,417$937$610$121
34 years$2,923$1,992$1,324$862$552$103
35 years$2,808$1,889$1,238$793$500$88
36 years$2,700$1,793$1,158$731$453$75
37 years$2,598$1,703$1,084$673$411$64
38 years$2,502$1,618$1,015$621$372$55
39 years$2,411$1,539$951$572$338$47
40 years$2,324$1,464$891$528$306$40
41 years$2,242$1,394$836$487$278$34
42 years$2,164$1,327$784$449$252$29
43 years$2,090$1,265$736$415$229$25
44 years$2,020$1,206$690$383$208$21
45 years$1,953$1,150$648$354$189$18
46 years$1,889$1,097$609$327$171$15
47 years$1,828$1,047$572$302$155$13
48 years$1,769$999$538$279$141$11
49 years$1,713$954$505$258$128$9
50 years$1,660$911$475$238$116$8

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 $5,182 every year, while hoping to spend $39,504 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$1,700,000$1,700,000$1,700,000$1,700,000
41$1,878,745$1,788,645$1,762,295$1,972,229
42$2,028,345$1,834,257$1,779,300$2,082,464
43$2,191,881$1,880,780$1,795,551$2,197,949
44$2,370,731$1,928,216$1,810,980$2,323,000
45$2,566,415$1,976,568$1,825,517$2,458,552
46$2,780,606$2,025,837$1,839,089$2,605,636
47$3,015,145$2,076,020$1,851,616$2,765,388
48$3,272,061$2,127,117$1,863,017$2,939,059
49$3,553,588$2,179,122$1,873,204$3,128,029
50$3,862,186$2,232,031$1,882,088$3,333,817
51$4,200,564$2,285,835$1,889,573$3,558,100
52$4,571,706$2,340,526$1,895,558$3,802,722
53$4,978,899$2,396,090$1,899,939$4,069,718
54$5,425,763$2,452,516$1,902,603$4,361,329
55$5,916,287$2,509,785$1,903,436$4,680,028
56$6,454,863$2,567,879$1,902,316$5,028,537
57$7,046,329$2,626,775$1,899,114$5,409,857
58$7,696,017$2,686,449$1,893,696$5,827,296
59$8,409,798$2,746,873$1,885,923$6,284,500
60$9,194,142$2,808,014$1,875,645$6,785,488
61$10,056,175$2,869,837$1,862,710$7,334,689
62$11,003,748$2,932,302$1,846,954$7,936,983
63$12,045,512$2,995,367$1,828,209$8,597,751
64$13,190,997$3,058,982$1,806,296$9,322,923
65$14,450,701$3,123,095$1,781,030$10,119,034
66$15,836,193$3,187,648$1,752,215$10,993,289
67$17,360,219$3,252,576$1,719,648$11,953,628
68$19,036,820$3,317,811$1,683,115$13,008,801
69$20,881,469$3,383,277$1,642,393$14,168,454
70$22,911,213$3,448,892$1,597,248$15,443,217
71$25,144,836$3,514,567$1,547,435$16,844,809
72$27,603,034$3,580,206$1,492,699$18,386,144
73$30,308,612$3,645,703$1,432,772$20,081,454
74$33,286,695$3,710,948$1,367,374$21,946,430
75$36,564,970$3,775,817$1,296,214$23,998,361
76$40,173,945$3,840,180$1,218,985$26,256,306
77$44,147,236$3,903,897$1,135,369$28,741,268
78$48,521,881$3,966,815$1,045,032$31,476,398
79$53,338,697$4,028,773$947,624$34,487,211
80$58,642,657$4,089,596$842,782$37,801,829
81$64,483,318$4,149,096$730,125$41,451,244
82$70,915,288$4,207,074$609,257$45,469,616
83$77,998,742$4,263,315$479,761$49,894,593
84$85,799,986$4,317,590$341,206$54,767,669
85$94,392,086$4,369,653$193,137$60,134,574
86$103,855,557$4,419,243$35,085$66,045,709
87$114,279,118$4,466,081$0$72,556,622
88$125,760,537$4,509,868$0$79,765,591
89$138,407,547$4,550,287$0$87,715,825
90$152,338,864$4,586,998$0$96,472,088
91$167,685,309$4,619,641$0$106,116,490
92$184,591,039$4,647,832$0$116,739,511
93$203,214,911$4,671,162$0$128,440,862
94$223,731,979$4,689,196$0$141,330,423
95$246,335,146$4,701,472$0$155,529,280
96$271,236,985$4,707,498$0$171,170,870
97$298,671,744$4,706,753$0$188,402,239
98$328,897,560$4,698,681$0$207,385,433
99$362,198,890$4,682,695$0$228,299,025
100$398,889,199$4,658,170$0$251,339,801