Can I retire at age 41 with 1,710,000?

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 $1,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$141,210$139,952$138,725$137,527$136,358$133,332
2 years$69,906$68,604$67,342$66,119$64,932$61,900
3 years$46,141$44,834$43,575$42,363$41,196$38,251
4 years$34,261$32,957$31,711$30,520$29,381$26,547
5 years$27,135$25,839$24,609$23,442$22,335$19,619
6 years$22,385$21,099$19,888$18,747$17,673$15,078
7 years$18,994$17,719$16,527$15,413$14,373$11,900
8 years$16,452$15,189$14,016$12,930$11,924$9,572
9 years$14,476$13,225$12,072$11,013$10,041$7,809
10 years$12,896$11,657$10,525$9,493$8,556$6,440
11 years$11,604$10,377$9,266$8,262$7,358$5,356
12 years$10,529$9,314$8,223$7,247$6,377$4,485
13 years$9,619$8,417$7,347$6,398$5,560$3,777
14 years$8,840$7,651$6,601$5,679$4,874$3,194
15 years$8,166$6,989$5,960$5,065$4,292$2,712
16 years$7,576$6,413$5,404$4,535$3,793$2,309
17 years$7,056$5,906$4,917$4,075$3,363$1,971
18 years$6,595$5,457$4,489$3,672$2,990$1,687
19 years$6,182$5,058$4,109$3,318$2,665$1,446
20 years$5,812$4,700$3,771$3,005$2,381$1,241
21 years$5,477$4,378$3,469$2,727$2,131$1,067
22 years$5,173$4,086$3,197$2,480$1,910$918
23 years$4,895$3,822$2,952$2,258$1,714$791
24 years$4,642$3,581$2,730$2,060$1,541$682
25 years$4,409$3,361$2,529$1,881$1,386$588
26 years$4,194$3,158$2,345$1,720$1,249$508
27 years$3,995$2,972$2,178$1,574$1,126$439
28 years$3,811$2,801$2,024$1,443$1,016$379
29 years$3,640$2,642$1,884$1,323$917$328
30 years$3,481$2,495$1,755$1,214$829$283
31 years$3,332$2,359$1,636$1,115$749$245
32 years$3,193$2,232$1,526$1,025$678$212
33 years$3,062$2,114$1,425$942$614$183
34 years$2,940$2,003$1,332$867$555$159
35 years$2,825$1,900$1,245$798$503$137
36 years$2,716$1,804$1,165$735$456$119
37 years$2,613$1,713$1,090$677$413$103
38 years$2,516$1,628$1,021$624$375$89
39 years$2,425$1,548$956$576$340$77
40 years$2,338$1,473$896$531$308$67
41 years$2,255$1,402$841$490$280$58
42 years$2,177$1,335$788$452$254$50
43 years$2,103$1,272$740$417$230$44
44 years$2,032$1,213$694$385$209$38
45 years$1,964$1,156$652$356$190$33
46 years$1,900$1,103$612$329$172$28
47 years$1,838$1,053$575$304$156$25
48 years$1,780$1,005$541$281$142$21
49 years$1,723$960$508$259$129$18
50 years$1,670$917$478$240$117$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,710,000, adding $3,468 every year, while hoping to spend $41,636 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: 76/13/11 Blend
40$1,710,000$1,710,000$1,710,000$1,710,000
41$1,887,997$1,797,367$1,770,862$2,027,350
42$2,036,273$1,841,138$1,785,886$2,163,403
43$2,198,277$1,885,658$1,800,017$2,306,884
44$2,375,365$1,930,920$1,813,182$2,462,995
45$2,569,033$1,976,915$1,825,304$2,632,976
46$2,780,923$2,023,632$1,836,300$2,818,193
47$3,012,845$2,071,059$1,846,085$3,020,151
48$3,266,795$2,119,180$1,854,568$3,240,508
49$3,544,966$2,167,978$1,861,654$3,481,089
50$3,849,777$2,217,433$1,867,244$3,743,906
51$4,183,890$2,267,523$1,871,233$4,031,174
52$4,550,238$2,318,223$1,873,510$4,345,332
53$4,952,051$2,369,505$1,873,961$4,689,069
54$5,392,886$2,421,336$1,872,464$5,065,347
55$5,876,661$2,473,682$1,868,893$5,477,428
56$6,407,693$2,526,505$1,863,113$5,928,908
57$6,990,736$2,579,762$1,854,986$6,423,745
58$7,631,027$2,633,407$1,844,364$6,966,304
59$8,334,336$2,687,388$1,831,095$7,561,393
60$9,107,018$2,741,650$1,815,016$8,214,309
61$9,956,075$2,796,132$1,795,960$8,930,888
62$10,889,221$2,850,768$1,773,751$9,717,562
63$11,914,952$2,905,486$1,748,202$10,581,417
64$13,042,632$2,960,210$1,719,121$11,530,262
65$14,282,573$3,014,853$1,686,305$12,572,701
66$15,646,142$3,069,327$1,649,542$13,718,216
67$17,145,856$3,123,532$1,608,610$14,977,252
68$18,795,512$3,177,363$1,563,277$16,361,324
69$20,610,306$3,230,707$1,513,299$17,883,118
70$22,606,986$3,283,440$1,458,423$19,556,612
71$24,804,002$3,335,432$1,398,383$21,397,212
72$27,221,683$3,386,541$1,332,902$23,421,895
73$29,882,430$3,436,616$1,261,689$25,649,366
74$32,810,922$3,485,495$1,184,441$28,100,240
75$36,034,356$3,533,004$1,100,839$30,797,235
76$39,582,698$3,578,958$1,010,554$33,765,385
77$43,488,964$3,623,158$913,239$37,032,276
78$47,789,538$3,665,393$808,532$40,628,310
79$52,524,508$3,705,434$696,055$44,586,989
80$57,738,049$3,743,042$575,414$48,945,232
81$63,478,836$3,777,957$446,197$53,743,725
82$69,800,507$3,809,906$307,974$59,027,303
83$76,762,162$3,838,595$160,295$64,845,375
84$84,428,930$3,863,714$2,692$71,252,390
85$92,872,574$3,884,929$0$78,308,353
86$102,172,175$3,901,889$0$86,098,813
87$112,414,873$3,914,218$0$94,678,816
88$123,696,692$3,921,516$0$104,128,413
89$136,123,444$3,923,360$0$114,536,167
90$149,811,731$3,919,300$0$125,999,670
91$164,890,039$3,908,858$0$138,626,470
92$181,499,957$3,891,525$0$152,535,078
93$199,797,506$3,866,764$0$167,856,093
94$219,954,620$3,834,003$0$184,733,433
95$242,160,758$3,792,636$0$203,325,695
96$266,624,702$3,742,022$0$223,807,646
97$293,576,519$3,681,479$0$246,371,881
98$323,269,739$3,610,287$0$271,230,638
99$355,983,743$3,527,681$0$298,617,799
100$392,026,400$3,432,853$0$328,791,100