Can I retire at age 41 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$147,817$146,500$145,215$143,961$142,737$141,897
2 years$73,176$71,814$70,493$69,212$67,970$67,123
3 years$48,300$46,931$45,614$44,345$43,123$42,294
4 years$35,864$34,499$33,195$31,948$30,756$29,952
5 years$28,404$27,048$25,761$24,539$23,380$22,604
6 years$23,433$22,087$20,818$19,624$18,500$17,752
7 years$19,883$18,548$17,300$16,134$15,045$14,327
8 years$17,222$15,899$14,672$13,534$12,482$11,792
9 years$15,153$13,843$12,637$11,528$10,511$9,850
10 years$13,500$12,202$11,017$9,938$8,956$8,324
11 years$12,147$10,863$9,699$8,649$7,703$7,098
12 years$11,021$9,750$8,608$7,586$6,675$6,098
13 years$10,069$8,811$7,691$6,697$5,821$5,271
14 years$9,254$8,009$6,910$5,945$5,102$4,579
15 years$8,548$7,316$6,239$5,302$4,492$3,994
16 years$7,930$6,713$5,656$4,747$3,970$3,497
17 years$7,386$6,182$5,147$4,265$3,520$3,071
18 years$6,903$5,713$4,699$3,844$3,130$2,704
19 years$6,472$5,294$4,301$3,473$2,790$2,387
20 years$6,084$4,920$3,948$3,146$2,492$2,111
21 years$5,733$4,583$3,631$2,855$2,230$1,870
22 years$5,415$4,278$3,347$2,596$1,999$1,659
23 years$5,125$4,001$3,090$2,364$1,794$1,474
24 years$4,859$3,748$2,858$2,156$1,613$1,311
25 years$4,615$3,518$2,647$1,969$1,451$1,167
26 years$4,390$3,306$2,455$1,801$1,307$1,040
27 years$4,182$3,111$2,279$1,648$1,179$927
28 years$3,990$2,932$2,119$1,510$1,064$827
29 years$3,810$2,766$1,972$1,385$960$739
30 years$3,644$2,612$1,837$1,271$868$660
31 years$3,488$2,469$1,712$1,167$785$590
32 years$3,342$2,336$1,598$1,073$710$528
33 years$3,206$2,213$1,492$986$642$472
34 years$3,077$2,097$1,394$908$581$423
35 years$2,957$1,989$1,303$835$527$378
36 years$2,843$1,888$1,219$769$477$339
37 years$2,736$1,793$1,141$709$432$304
38 years$2,634$1,704$1,069$653$392$272
39 years$2,538$1,620$1,001$602$356$244
40 years$2,447$1,542$938$556$323$218
41 years$2,361$1,468$880$513$293$196
42 years$2,279$1,398$825$473$265$176
43 years$2,201$1,332$774$437$241$157
44 years$2,127$1,269$727$403$219$141
45 years$2,056$1,210$683$372$199$127
46 years$1,989$1,155$641$344$180$114
47 years$1,924$1,102$602$318$164$102
48 years$1,863$1,052$566$294$149$91
49 years$1,804$1,005$532$271$135$82
50 years$1,748$960$500$251$123$74

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,790,000, adding $3,899 every year, while hoping to spend $54,481 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: 55/33/12 Blend
40$1,790,000$1,790,000$1,790,000$1,790,000
41$1,976,602$1,881,732$1,853,987$2,079,042
42$2,120,248$1,915,969$1,858,128$2,183,201
43$2,276,720$1,950,058$1,860,582$2,290,283
44$2,447,268$1,983,935$1,861,235$2,405,604
45$2,633,270$2,017,528$1,859,966$2,529,959
46$2,836,240$2,050,763$1,856,652$2,664,226
47$3,057,846$2,083,559$1,851,159$2,809,371
48$3,299,923$2,115,831$1,843,349$2,966,459
49$3,564,493$2,147,484$1,833,079$3,136,666
50$3,853,780$2,178,420$1,820,196$3,321,288
51$4,170,234$2,208,531$1,804,541$3,521,751
52$4,516,552$2,237,703$1,785,948$3,739,632
53$4,895,705$2,265,816$1,764,242$3,976,666
54$5,310,964$2,292,737$1,739,241$4,234,769
55$5,765,929$2,318,328$1,710,752$4,516,051
56$6,264,569$2,342,441$1,678,577$4,822,842
57$6,811,250$2,364,916$1,642,505$5,157,707
58$7,410,786$2,385,585$1,602,317$5,523,478
59$8,068,475$2,404,268$1,557,784$5,923,277
60$8,790,155$2,420,772$1,508,665$6,360,545
61$9,582,255$2,434,894$1,454,709$6,839,077
62$10,451,857$2,446,417$1,395,654$7,363,059
63$11,406,764$2,455,108$1,331,226$7,937,105
64$12,455,569$2,460,724$1,261,137$8,566,304
65$13,607,739$2,463,002$1,185,088$9,256,267
66$14,873,704$2,461,665$1,102,764$10,013,181
67$16,264,955$2,456,418$1,013,839$10,843,866
68$17,794,147$2,446,950$917,970$11,755,845
69$19,475,228$2,432,929$814,800$12,757,411
70$21,323,561$2,414,001$703,955$13,857,708
71$23,356,072$2,389,795$585,045$15,066,818
72$25,591,410$2,359,914$457,663$16,395,858
73$28,050,123$2,323,940$321,384$17,857,082
74$30,754,850$2,281,426$175,764$19,464,005
75$33,730,532$2,231,904$20,340$21,231,522
76$37,004,652$2,174,873$0$23,176,060
77$40,607,491$2,109,806$0$25,334,360
78$44,572,413$2,036,145$0$27,711,742
79$48,936,181$1,953,297$0$30,327,676
80$53,739,300$1,860,638$0$33,206,496
81$59,026,404$1,757,504$0$36,375,025
82$64,846,672$1,643,197$0$39,862,827
83$71,254,293$1,516,974$0$43,702,491
84$78,308,980$1,378,055$0$47,929,936
85$86,076,528$1,225,611$0$52,584,754
86$94,629,436$1,058,769$0$57,710,585
87$104,047,594$876,604$0$63,355,529
88$114,419,031$678,140$0$69,572,604
89$125,840,750$462,347$0$76,420,244
90$138,419,641$228,136$0$83,962,858
91$152,273,487$0$0$92,271,437
92$167,532,079$0$0$101,433,539
93$184,338,439$0$0$111,616,482
94$202,850,166$0$0$122,832,943
95$223,240,931$0$0$135,188,177
96$245,702,104$0$0$148,798,172
97$270,444,572$0$0$163,790,743
98$297,700,717$0$0$180,306,733
99$327,726,620$0$0$198,501,348
100$360,804,469$0$0$218,545,618