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%11.6%
1 years$141,210$139,952$138,725$137,527$136,358$135,442
2 years$69,906$68,604$67,342$66,119$64,932$64,008
3 years$46,141$44,834$43,575$42,363$41,196$40,293
4 years$34,261$32,957$31,711$30,520$29,381$28,506
5 years$27,135$25,839$24,609$23,442$22,335$21,490
6 years$22,385$21,099$19,888$18,747$17,673$16,859
7 years$18,994$17,719$16,527$15,413$14,373$13,591
8 years$16,452$15,189$14,016$12,930$11,924$11,174
9 years$14,476$13,225$12,072$11,013$10,041$9,323
10 years$12,896$11,657$10,525$9,493$8,556$7,869
11 years$11,604$10,377$9,266$8,262$7,358$6,702
12 years$10,529$9,314$8,223$7,247$6,377$5,750
13 years$9,619$8,417$7,347$6,398$5,560$4,964
14 years$8,840$7,651$6,601$5,679$4,874$4,306
15 years$8,166$6,989$5,960$5,065$4,292$3,752
16 years$7,576$6,413$5,404$4,535$3,793$3,280
17 years$7,056$5,906$4,917$4,075$3,363$2,877
18 years$6,595$5,457$4,489$3,672$2,990$2,530
19 years$6,182$5,058$4,109$3,318$2,665$2,230
20 years$5,812$4,700$3,771$3,005$2,381$1,969
21 years$5,477$4,378$3,469$2,727$2,131$1,741
22 years$5,173$4,086$3,197$2,480$1,910$1,543
23 years$4,895$3,822$2,952$2,258$1,714$1,368
24 years$4,642$3,581$2,730$2,060$1,541$1,215
25 years$4,409$3,361$2,529$1,881$1,386$1,080
26 years$4,194$3,158$2,345$1,720$1,249$961
27 years$3,995$2,972$2,178$1,574$1,126$856
28 years$3,811$2,801$2,024$1,443$1,016$762
29 years$3,640$2,642$1,884$1,323$917$680
30 years$3,481$2,495$1,755$1,214$829$606
31 years$3,332$2,359$1,636$1,115$749$541
32 years$3,193$2,232$1,526$1,025$678$483
33 years$3,062$2,114$1,425$942$614$432
34 years$2,940$2,003$1,332$867$555$386
35 years$2,825$1,900$1,245$798$503$345
36 years$2,716$1,804$1,165$735$456$308
37 years$2,613$1,713$1,090$677$413$276
38 years$2,516$1,628$1,021$624$375$246
39 years$2,425$1,548$956$576$340$220
40 years$2,338$1,473$896$531$308$197
41 years$2,255$1,402$841$490$280$177
42 years$2,177$1,335$788$452$254$158
43 years$2,103$1,272$740$417$230$141
44 years$2,032$1,213$694$385$209$127
45 years$1,964$1,156$652$356$190$113
46 years$1,900$1,103$612$329$172$101
47 years$1,838$1,053$575$304$156$91
48 years$1,780$1,005$541$281$142$81
49 years$1,723$960$508$259$129$73
50 years$1,670$917$478$240$117$65

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 $3,554 every year, while hoping to spend $24,448 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: 37/45/18 Blend
40$1,710,000$1,710,000$1,710,000$1,710,000
41$1,888,086$1,797,456$1,770,951$1,947,546
42$2,054,658$1,859,519$1,804,265$2,052,912
43$2,237,401$1,923,803$1,837,876$2,164,076
44$2,437,939$1,990,393$1,871,768$2,283,637
45$2,658,060$2,059,373$1,905,923$2,412,363
46$2,899,734$2,130,834$1,940,324$2,551,095
47$3,165,131$2,204,869$1,974,949$2,700,758
48$3,456,642$2,281,575$2,009,777$2,862,370
49$3,776,900$2,361,053$2,044,785$3,037,047
50$4,128,806$2,443,406$2,079,947$3,226,016
51$4,515,556$2,528,746$2,115,238$3,430,628
52$4,940,672$2,617,183$2,150,627$3,652,367
53$5,408,032$2,708,837$2,186,085$3,892,863
54$5,921,911$2,803,829$2,221,578$4,153,911
55$6,487,016$2,902,286$2,257,071$4,437,485
56$7,108,535$3,004,342$2,292,527$4,745,756
57$7,792,185$3,110,134$2,327,905$5,081,111
58$8,544,262$3,219,805$2,363,164$5,446,178
59$9,371,705$3,333,504$2,398,259$5,843,848
60$10,282,159$3,451,386$2,433,141$6,277,304
61$11,284,048$3,573,612$2,467,759$6,750,045
62$12,386,651$3,700,350$2,502,060$7,265,925
63$13,600,197$3,831,775$2,535,986$7,829,187
64$14,935,953$3,968,067$2,569,478$8,444,499
65$16,406,335$4,109,417$2,602,470$9,117,001
66$18,025,024$4,256,021$2,634,895$9,852,352
67$19,807,094$4,408,084$2,666,682$10,656,781
68$21,769,156$4,565,819$2,697,754$11,537,148
69$23,929,513$4,729,447$2,728,032$12,501,007
70$26,308,334$4,899,200$2,757,431$13,556,673
71$28,927,842$5,075,318$2,785,863$14,713,305
72$31,812,525$5,258,052$2,813,233$15,980,989
73$34,989,368$5,447,663$2,839,442$17,370,833
74$38,488,106$5,644,421$2,864,386$18,895,070
75$42,341,505$5,848,609$2,887,954$20,567,172
76$46,585,670$6,060,523$2,910,033$22,401,979
77$51,260,388$6,280,468$2,930,499$24,415,836
78$56,409,501$6,508,765$2,949,224$26,626,746
79$62,081,322$6,745,745$2,966,074$29,054,540
80$68,329,086$6,991,757$2,980,907$31,721,062
81$75,211,460$7,247,160$2,993,574$34,650,376
82$82,793,089$7,512,331$3,003,920$37,868,989
83$91,145,212$7,787,662$3,011,778$41,406,102
84$100,346,328$8,073,563$3,016,978$45,293,884
85$110,482,944$8,370,458$3,019,337$49,567,774
86$121,650,385$8,678,791$3,018,666$54,266,816
87$133,953,699$8,999,026$3,014,765$59,434,021
88$147,508,642$9,331,644$3,007,425$65,116,778
89$162,442,776$9,677,147$2,996,427$71,367,295
90$178,896,672$10,036,061$2,981,540$78,243,094
91$197,025,235$10,408,930$2,962,524$85,807,549
92$216,999,166$10,796,324$2,939,125$94,130,482
93$239,006,574$11,198,838$2,911,080$103,288,827
94$263,254,753$11,617,089$2,878,109$113,367,344
95$289,972,136$12,051,725$2,839,924$124,459,426
96$319,410,452$12,503,417$2,796,220$136,667,975
97$351,847,103$12,972,869$2,746,678$150,106,372
98$387,587,781$13,460,813$2,690,965$164,899,542
99$426,969,354$13,968,013$2,628,732$181,185,138
100$470,363,049$14,495,266$2,559,615$199,114,830