Can I retire at age 41 with 1,840,000?

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 $1,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$151,945$150,592$149,272$147,983$146,724$142,370
2 years$75,221$73,820$72,462$71,146$69,869$65,518
3 years$49,649$48,242$46,888$45,584$44,328$40,116
4 years$36,866$35,463$34,122$32,840$31,615$27,576
5 years$29,198$27,803$26,480$25,225$24,033$20,177
6 years$24,087$22,704$21,400$20,172$19,017$15,347
7 years$20,438$19,066$17,783$16,585$15,466$11,982
8 years$17,703$16,343$15,082$13,913$12,830$9,531
9 years$15,577$14,230$12,990$11,850$10,805$7,687
10 years$13,877$12,543$11,325$10,215$9,206$6,265
11 years$12,487$11,166$9,970$8,890$7,918$5,148
12 years$11,329$10,022$8,848$7,798$6,861$4,257
13 years$10,350$9,057$7,905$6,884$5,983$3,539
14 years$9,512$8,233$7,103$6,111$5,245$2,955
15 years$8,786$7,521$6,413$5,450$4,618$2,475
16 years$8,152$6,900$5,814$4,880$4,081$2,079
17 years$7,593$6,355$5,291$4,385$3,619$1,751
18 years$7,096$5,872$4,830$3,951$3,218$1,477
19 years$6,652$5,442$4,422$3,570$2,868$1,248
20 years$6,254$5,057$4,058$3,234$2,562$1,056
21 years$5,893$4,711$3,732$2,935$2,292$895
22 years$5,566$4,397$3,440$2,668$2,055$759
23 years$5,268$4,113$3,176$2,430$1,845$644
24 years$4,995$3,853$2,938$2,216$1,658$547
25 years$4,744$3,616$2,721$2,024$1,492$465
26 years$4,513$3,398$2,523$1,851$1,344$395
27 years$4,299$3,198$2,343$1,694$1,212$336
28 years$4,101$3,014$2,178$1,552$1,093$286
29 years$3,917$2,843$2,027$1,423$987$243
30 years$3,745$2,685$1,888$1,306$892$207
31 years$3,585$2,538$1,760$1,200$806$176
32 years$3,436$2,402$1,642$1,103$729$150
33 years$3,295$2,274$1,533$1,014$660$128
34 years$3,163$2,156$1,433$933$598$109
35 years$3,039$2,045$1,340$859$541$93
36 years$2,922$1,941$1,253$791$491$79
37 years$2,812$1,843$1,173$729$445$67
38 years$2,708$1,752$1,098$672$403$57
39 years$2,609$1,666$1,029$619$365$49
40 years$2,516$1,585$965$571$332$42
41 years$2,427$1,509$904$527$301$36
42 years$2,343$1,437$848$486$273$30
43 years$2,262$1,369$796$449$248$26
44 years$2,186$1,305$747$415$225$22
45 years$2,114$1,244$702$383$204$19
46 years$2,044$1,187$659$354$185$16
47 years$1,978$1,133$619$327$168$14
48 years$1,915$1,081$582$302$153$12
49 years$1,854$1,033$547$279$139$10
50 years$1,796$986$514$258$126$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,840,000, adding $3,288 every year, while hoping to spend $49,263 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: 24/47/29 Blend
40$1,840,000$1,840,000$1,840,000$1,840,000
41$2,031,072$1,933,552$1,905,032$2,061,249
42$2,185,825$1,975,880$1,916,435$2,129,659
43$2,354,713$2,018,632$1,926,569$2,198,536
44$2,539,124$2,061,775$1,935,339$2,271,306
45$2,740,588$2,105,276$1,942,647$2,348,327
46$2,960,790$2,149,096$1,948,387$2,429,995
47$3,201,583$2,193,194$1,952,450$2,516,746
48$3,465,009$2,237,525$1,954,722$2,609,065
49$3,753,315$2,282,039$1,955,080$2,707,484
50$4,068,978$2,326,683$1,953,400$2,812,595
51$4,414,721$2,371,399$1,949,547$2,925,050
52$4,793,548$2,416,122$1,943,382$3,045,569
53$5,208,764$2,460,786$1,934,759$3,174,951
54$5,664,010$2,505,317$1,923,525$3,314,075
55$6,163,295$2,549,633$1,909,519$3,463,914
56$6,711,036$2,593,650$1,892,573$3,625,545
57$7,312,098$2,637,275$1,872,511$3,800,155
58$7,971,839$2,680,409$1,849,147$3,989,058
59$8,696,162$2,722,944$1,822,289$4,193,703
60$9,491,568$2,764,766$1,791,733$4,415,694
61$10,365,221$2,805,752$1,757,269$4,656,801
62$11,325,009$2,845,770$1,718,673$4,918,978
63$12,379,626$2,884,679$1,675,715$5,204,387
64$13,538,647$2,922,327$1,628,150$5,515,412
65$14,812,622$2,958,554$1,575,726$5,854,688
66$16,213,172$2,993,186$1,518,176$6,225,125
67$17,753,104$3,026,040$1,455,222$6,629,934
68$19,446,522$3,056,918$1,386,575$7,072,664
69$21,308,972$3,085,612$1,311,929$7,557,231
70$23,357,577$3,111,896$1,230,969$8,087,958
71$25,611,205$3,135,534$1,143,361$8,669,620
72$28,090,644$3,156,272$1,048,760$9,307,485
73$30,818,800$3,173,840$946,804$10,007,371
74$33,820,910$3,187,949$837,114$10,775,696
75$37,124,780$3,198,296$719,294$11,619,548
76$40,761,050$3,204,556$592,933$12,546,745
77$44,763,481$3,206,382$457,600$13,565,919
78$49,169,270$3,203,409$312,844$14,686,590
79$54,019,408$3,195,248$158,196$15,919,269
80$59,359,058$3,181,486$0$17,275,551
81$65,237,987$3,161,684$0$18,770,343
82$71,711,032$3,135,377$0$20,468,022
83$78,838,619$3,102,072$0$22,335,322
84$86,687,331$3,061,247$0$24,389,594
85$95,330,539$3,012,348$0$26,649,967
86$104,849,087$2,954,786$0$29,137,534
87$115,332,065$2,887,942$0$31,875,549
88$126,877,641$2,811,156$0$34,889,649
89$139,593,989$2,723,732$0$38,208,098
90$153,600,312$2,624,930$0$41,862,058
91$169,027,963$2,513,971$0$45,885,883
92$186,021,688$2,390,028$0$50,317,446
93$204,740,988$2,252,228$0$55,198,499
94$225,361,627$2,099,645$0$60,575,070
95$248,077,288$1,931,303$0$66,497,903
96$273,101,404$1,746,169$0$73,022,932
97$300,669,167$1,543,151$0$80,211,823
98$331,039,751$1,321,095$0$88,132,550
99$364,498,758$1,078,781$0$96,860,047
100$401,360,912$814,922$0$106,476,913