Can I retire at age 41 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$146,165$144,863$143,593$142,353$141,142$138,519
2 years$72,359$71,011$69,705$68,439$67,211$64,578
3 years$47,760$46,407$45,104$43,849$42,641$40,081
4 years$35,463$34,114$32,824$31,591$30,412$27,943
5 years$28,087$26,746$25,473$24,265$23,119$20,749
6 years$23,171$21,840$20,586$19,405$18,293$16,025
7 years$19,661$18,341$17,107$15,954$14,877$12,711
8 years$17,030$15,722$14,508$13,383$12,342$10,278
9 years$14,984$13,689$12,496$11,400$10,394$8,430
10 years$13,349$12,066$10,894$9,827$8,856$6,991
11 years$12,012$10,741$9,591$8,552$7,616$5,848
12 years$10,898$9,641$8,512$7,501$6,600$4,926
13 years$9,957$8,713$7,605$6,623$5,756$4,172
14 years$9,150$7,920$6,833$5,879$5,045$3,551
15 years$8,452$7,235$6,169$5,243$4,442$3,033
16 years$7,842$6,638$5,593$4,694$3,926$2,599
17 years$7,304$6,113$5,090$4,218$3,481$2,233
18 years$6,826$5,649$4,646$3,801$3,095$1,924
19 years$6,399$5,235$4,253$3,435$2,759$1,660
20 years$6,016$4,865$3,904$3,111$2,464$1,435
21 years$5,669$4,531$3,590$2,823$2,205$1,242
22 years$5,354$4,230$3,309$2,567$1,977$1,076
23 years$5,067$3,956$3,055$2,338$1,774$933
24 years$4,805$3,707$2,826$2,132$1,595$810
25 years$4,563$3,478$2,617$1,947$1,435$704
26 years$4,341$3,269$2,427$1,780$1,293$612
27 years$4,135$3,077$2,254$1,630$1,166$533
28 years$3,945$2,899$2,095$1,493$1,052$464
29 years$3,768$2,735$1,950$1,369$950$404
30 years$3,603$2,583$1,816$1,257$858$352
31 years$3,449$2,442$1,693$1,154$776$307
32 years$3,305$2,310$1,580$1,061$702$267
33 years$3,170$2,188$1,475$975$635$233
34 years$3,043$2,074$1,378$897$575$203
35 years$2,924$1,967$1,289$826$521$177
36 years$2,811$1,867$1,205$761$472$155
37 years$2,705$1,773$1,128$701$428$135
38 years$2,605$1,685$1,057$646$388$118
39 years$2,510$1,602$990$596$352$103
40 years$2,420$1,524$928$550$319$90
41 years$2,335$1,451$870$507$289$78
42 years$2,253$1,382$816$468$263$68
43 years$2,176$1,317$766$432$238$60
44 years$2,103$1,255$719$399$216$52
45 years$2,033$1,197$675$368$196$45
46 years$1,966$1,142$634$340$178$40
47 years$1,903$1,090$596$314$162$35
48 years$1,842$1,040$560$290$147$30
49 years$1,784$993$526$268$134$26
50 years$1,728$949$495$248$121$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,770,000, adding $5,380 every year, while hoping to spend $29,349 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: 70/25/5 Blend
40$1,770,000$1,770,000$1,770,000$1,770,000
41$1,956,089$1,862,279$1,834,844$2,091,652
42$2,124,383$1,922,304$1,865,085$2,241,916
43$2,308,860$1,984,286$1,895,354$2,402,124
44$2,511,138$2,048,291$1,925,623$2,576,598
45$2,733,002$2,114,385$1,955,860$2,766,729
46$2,976,417$2,182,638$1,986,029$2,974,049
47$3,243,546$2,253,122$2,016,096$3,200,246
48$3,536,774$2,325,912$2,046,022$3,447,176
49$3,858,727$2,401,083$2,075,765$3,716,881
50$4,212,296$2,478,715$2,105,282$4,011,613
51$4,600,669$2,558,891$2,134,527$4,333,849
52$5,027,355$2,641,694$2,163,452$4,686,316
53$5,496,222$2,727,214$2,192,005$5,072,017
54$6,011,530$2,815,541$2,220,130$5,494,261
55$6,577,972$2,906,769$2,247,771$5,956,689
56$7,200,719$3,000,994$2,274,865$6,463,313
57$7,885,468$3,098,319$2,301,349$7,018,549
58$8,638,495$3,198,845$2,327,153$7,627,264
59$9,466,715$3,302,682$2,352,206$8,294,817
60$10,377,747$3,409,941$2,376,432$9,027,110
61$11,379,985$3,520,736$2,399,750$9,830,644
62$12,482,679$3,635,187$2,422,077$10,712,581
63$13,696,017$3,753,417$2,443,322$11,680,810
64$15,031,230$3,875,553$2,463,392$12,744,022
65$16,500,689$4,001,728$2,482,189$13,911,789
66$18,118,024$4,132,078$2,499,608$15,194,657
67$19,898,258$4,266,745$2,515,539$16,604,246
68$21,857,939$4,405,874$2,529,869$18,153,353
69$24,015,305$4,549,618$2,542,476$19,856,081
70$26,390,449$4,698,133$2,553,232$21,727,965
71$29,005,514$4,851,580$2,562,004$23,786,122
72$31,884,898$5,010,129$2,568,653$26,049,407
73$35,055,484$5,173,952$2,573,030$28,538,600
74$38,546,898$5,343,231$2,574,981$31,276,590
75$42,391,782$5,518,149$2,574,343$34,288,599
76$46,626,108$5,698,902$2,570,947$37,602,418
77$51,289,510$5,885,688$2,564,613$41,248,665
78$56,425,668$6,078,714$2,555,155$45,261,078
79$62,082,709$6,278,194$2,542,376$49,676,829
80$68,313,669$6,484,350$2,526,070$54,536,878
81$75,176,991$6,697,411$2,506,021$59,886,357
82$82,737,075$6,917,614$2,482,003$65,774,994
83$91,064,886$7,145,207$2,453,779$72,257,585
84$100,238,626$7,380,443$2,421,102$79,394,509
85$110,344,468$7,623,588$2,383,712$87,252,298
86$121,477,374$7,874,913$2,341,336$95,904,260
87$133,741,985$8,134,704$2,293,691$105,431,178
88$147,253,616$8,403,252$2,240,478$115,922,066
89$162,139,336$8,680,863$2,181,385$127,475,010
90$178,539,175$8,967,852$2,116,087$140,198,094
91$196,607,438$9,264,543$2,044,243$154,210,419
92$216,514,167$9,571,277$1,965,496$169,643,225
93$238,446,746$9,888,403$1,879,474$186,641,133
94$262,611,663$10,216,284$1,785,786$205,363,504
95$289,236,468$10,555,297$1,684,025$225,985,947
96$318,571,912$10,905,832$1,573,764$248,701,973
97$350,894,322$11,268,292$1,454,560$273,724,824
98$386,508,202$11,643,098$1,325,947$301,289,480
99$425,749,112$12,030,682$1,187,439$331,654,880
100$468,986,832$12,431,496$1,038,529$365,106,368