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

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$146,165$144,863$143,593$142,353$141,142$138,293
2 years$72,359$71,011$69,705$68,439$67,211$64,352
3 years$47,760$46,407$45,104$43,849$42,641$39,863
4 years$35,463$34,114$32,824$31,591$30,412$27,736
5 years$28,087$26,746$25,473$24,265$23,119$20,552
6 years$23,171$21,840$20,586$19,405$18,293$15,838
7 years$19,661$18,341$17,107$15,954$14,877$12,535
8 years$17,030$15,722$14,508$13,383$12,342$10,112
9 years$14,984$13,689$12,496$11,400$10,394$8,274
10 years$13,349$12,066$10,894$9,827$8,856$6,845
11 years$12,012$10,741$9,591$8,552$7,616$5,711
12 years$10,898$9,641$8,512$7,501$6,600$4,798
13 years$9,957$8,713$7,605$6,623$5,756$4,053
14 years$9,150$7,920$6,833$5,879$5,045$3,440
15 years$8,452$7,235$6,169$5,243$4,442$2,930
16 years$7,842$6,638$5,593$4,694$3,926$2,504
17 years$7,304$6,113$5,090$4,218$3,481$2,146
18 years$6,826$5,649$4,646$3,801$3,095$1,843
19 years$6,399$5,235$4,253$3,435$2,759$1,585
20 years$6,016$4,865$3,904$3,111$2,464$1,366
21 years$5,669$4,531$3,590$2,823$2,205$1,179
22 years$5,354$4,230$3,309$2,567$1,977$1,018
23 years$5,067$3,956$3,055$2,338$1,774$881
24 years$4,805$3,707$2,826$2,132$1,595$762
25 years$4,563$3,478$2,617$1,947$1,435$660
26 years$4,341$3,269$2,427$1,780$1,293$572
27 years$4,135$3,077$2,254$1,630$1,166$496
28 years$3,945$2,899$2,095$1,493$1,052$431
29 years$3,768$2,735$1,950$1,369$950$374
30 years$3,603$2,583$1,816$1,257$858$324
31 years$3,449$2,442$1,693$1,154$776$282
32 years$3,305$2,310$1,580$1,061$702$245
33 years$3,170$2,188$1,475$975$635$213
34 years$3,043$2,074$1,378$897$575$185
35 years$2,924$1,967$1,289$826$521$161
36 years$2,811$1,867$1,205$761$472$140
37 years$2,705$1,773$1,128$701$428$122
38 years$2,605$1,685$1,057$646$388$106
39 years$2,510$1,602$990$596$352$92
40 years$2,420$1,524$928$550$319$80
41 years$2,335$1,451$870$507$289$70
42 years$2,253$1,382$816$468$263$61
43 years$2,176$1,317$766$432$238$53
44 years$2,103$1,255$719$399$216$46
45 years$2,033$1,197$675$368$196$40
46 years$1,966$1,142$634$340$178$35
47 years$1,903$1,090$596$314$162$30
48 years$1,842$1,040$560$290$147$26
49 years$1,784$993$526$268$134$23
50 years$1,728$949$495$248$121$20

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 $4,497 every year, while hoping to spend $39,459 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: 59/31/10 Blend
40$1,770,000$1,770,000$1,770,000$1,770,000
41$1,955,179$1,861,369$1,833,934$2,065,688
42$2,112,623$1,910,592$1,853,386$2,189,743
43$2,284,804$1,960,904$1,872,168$2,320,098
44$2,473,183$2,012,318$1,890,215$2,461,270
45$2,679,370$2,064,843$1,907,460$2,614,302
46$2,905,136$2,118,491$1,923,830$2,780,343
47$3,152,434$2,173,271$1,939,252$2,960,656
48$3,423,411$2,229,190$1,953,646$3,156,634
49$3,720,435$2,286,257$1,966,929$3,369,809
50$4,046,113$2,344,477$1,979,015$3,601,869
51$4,403,314$2,403,854$1,989,810$3,854,672
52$4,795,202$2,464,393$1,999,218$4,130,266
53$5,225,259$2,526,094$2,007,138$4,430,906
54$5,697,322$2,588,959$2,013,464$4,759,075
55$6,215,616$2,652,986$2,018,082$5,117,509
56$6,784,797$2,718,170$2,020,876$5,509,221
57$7,409,993$2,784,507$2,021,722$5,937,531
58$8,096,853$2,851,989$2,020,491$6,406,097
59$8,851,601$2,920,605$2,017,046$6,918,947
60$9,681,092$2,990,343$2,011,245$7,480,520
61$10,592,880$3,061,186$2,002,938$8,095,708
62$11,595,287$3,133,117$1,991,969$8,769,897
63$12,697,480$3,206,113$1,978,174$9,509,027
64$13,909,560$3,280,150$1,961,380$10,319,637
65$15,242,655$3,355,198$1,941,406$11,208,935
66$16,709,028$3,431,224$1,918,065$12,184,865
67$18,322,186$3,508,192$1,891,158$13,256,175
68$20,097,015$3,586,059$1,860,478$14,432,511
69$22,049,915$3,664,780$1,825,808$15,724,496
70$24,198,955$3,744,303$1,786,921$17,143,841
71$26,564,045$3,824,571$1,743,580$18,703,446
72$29,167,124$3,905,521$1,695,536$20,417,531
73$32,032,364$3,987,084$1,642,529$22,301,761
74$35,186,399$4,069,185$1,584,288$24,373,403
75$38,658,577$4,151,741$1,520,528$26,651,482
76$42,481,238$4,234,662$1,450,951$29,156,964
77$46,690,014$4,317,850$1,375,247$31,912,952
78$51,324,169$4,401,199$1,293,092$34,944,909
79$56,426,969$4,484,592$1,204,145$38,280,891
80$62,046,088$4,567,905$1,108,052$41,951,820
81$68,234,059$4,651,003$1,004,443$45,991,768
82$75,048,771$4,733,740$892,929$50,438,286
83$82,554,011$4,815,959$773,107$55,332,756
84$90,820,068$4,897,489$644,555$60,720,780
85$99,924,399$4,978,149$506,831$66,652,612
86$109,952,352$5,057,743$359,474$73,183,636
87$120,997,980$5,136,061$202,005$80,374,884
88$133,164,923$5,212,876$33,921$88,293,615
89$146,567,385$5,287,948$0$97,013,951
90$161,331,218$5,361,017$0$106,633,098
91$177,595,102$5,431,806$0$117,230,426
92$195,511,856$5,500,019$0$128,901,574
93$215,249,885$5,565,339$0$141,755,933
94$236,994,760$5,627,427$0$155,914,049
95$260,950,979$5,685,924$0$171,508,762
96$287,343,888$5,740,444$0$188,686,465
97$316,421,815$5,790,577$0$207,608,480
98$348,458,410$5,835,885$0$228,452,588
99$383,755,227$5,875,902$0$251,414,701
100$422,644,572$5,910,133$0$276,710,716