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%13.4%
1 years$151,945$150,592$149,272$147,983$146,724$144,651
2 years$75,221$73,820$72,462$71,146$69,869$67,784
3 years$49,649$48,242$46,888$45,584$44,328$42,296
4 years$36,866$35,463$34,122$32,840$31,615$29,652
5 years$29,198$27,803$26,480$25,225$24,033$22,145
6 years$24,087$22,704$21,400$20,172$19,017$17,206
7 years$20,438$19,066$17,783$16,585$15,466$13,732
8 years$17,703$16,343$15,082$13,913$12,830$11,174
9 years$15,577$14,230$12,990$11,850$10,805$9,225
10 years$13,877$12,543$11,325$10,215$9,206$7,702
11 years$12,487$11,166$9,970$8,890$7,918$6,487
12 years$11,329$10,022$8,848$7,798$6,861$5,503
13 years$10,350$9,057$7,905$6,884$5,983$4,695
14 years$9,512$8,233$7,103$6,111$5,245$4,025
15 years$8,786$7,521$6,413$5,450$4,618$3,465
16 years$8,152$6,900$5,814$4,880$4,081$2,992
17 years$7,593$6,355$5,291$4,385$3,619$2,591
18 years$7,096$5,872$4,830$3,951$3,218$2,249
19 years$6,652$5,442$4,422$3,570$2,868$1,957
20 years$6,254$5,057$4,058$3,234$2,562$1,705
21 years$5,893$4,711$3,732$2,935$2,292$1,488
22 years$5,566$4,397$3,440$2,668$2,055$1,301
23 years$5,268$4,113$3,176$2,430$1,845$1,138
24 years$4,995$3,853$2,938$2,216$1,658$997
25 years$4,744$3,616$2,721$2,024$1,492$873
26 years$4,513$3,398$2,523$1,851$1,344$766
27 years$4,299$3,198$2,343$1,694$1,212$672
28 years$4,101$3,014$2,178$1,552$1,093$591
29 years$3,917$2,843$2,027$1,423$987$519
30 years$3,745$2,685$1,888$1,306$892$456
31 years$3,585$2,538$1,760$1,200$806$401
32 years$3,436$2,402$1,642$1,103$729$353
33 years$3,295$2,274$1,533$1,014$660$311
34 years$3,163$2,156$1,433$933$598$273
35 years$3,039$2,045$1,340$859$541$241
36 years$2,922$1,941$1,253$791$491$212
37 years$2,812$1,843$1,173$729$445$187
38 years$2,708$1,752$1,098$672$403$164
39 years$2,609$1,666$1,029$619$365$145
40 years$2,516$1,585$965$571$332$128
41 years$2,427$1,509$904$527$301$112
42 years$2,343$1,437$848$486$273$99
43 years$2,262$1,369$796$449$248$87
44 years$2,186$1,305$747$415$225$77
45 years$2,114$1,244$702$383$204$68
46 years$2,044$1,187$659$354$185$60
47 years$1,978$1,133$619$327$168$53
48 years$1,915$1,081$582$302$153$46
49 years$1,854$1,033$547$279$139$41
50 years$1,796$986$514$258$126$36

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 $3,192 every year, while hoping to spend $30,004 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: 46/49/5 Blend
40$1,840,000$1,840,000$1,840,000$1,840,000
41$2,030,973$1,933,453$1,904,933$2,121,553
42$2,206,208$1,996,268$1,936,824$2,246,876
43$2,398,311$2,061,155$1,968,778$2,379,334
44$2,608,972$2,128,185$2,000,765$2,522,304
45$2,840,050$2,197,429$2,032,754$2,676,765
46$3,093,595$2,268,963$2,064,710$2,843,793
47$3,371,863$2,342,863$2,096,599$3,024,568
48$3,677,339$2,419,210$2,128,382$3,220,391
49$4,012,764$2,498,087$2,160,018$3,432,690
50$4,381,152$2,579,579$2,191,465$3,663,037
51$4,785,826$2,663,775$2,222,676$3,913,159
52$5,230,448$2,750,768$2,253,604$4,184,957
53$5,719,051$2,840,653$2,284,196$4,480,521
54$6,256,076$2,933,527$2,314,399$4,802,152
55$6,846,419$3,029,493$2,344,154$5,152,379
56$7,495,472$3,128,656$2,373,402$5,533,989
57$8,209,176$3,231,126$2,402,076$5,950,044
58$8,994,076$3,337,016$2,430,110$6,403,919
59$9,857,385$3,446,442$2,457,432$6,899,326
60$10,807,047$3,559,527$2,483,965$7,440,350
61$11,851,817$3,676,395$2,509,629$8,031,491
62$13,001,342$3,797,177$2,534,341$8,677,699
63$14,266,248$3,922,008$2,558,010$9,384,428
64$15,658,245$4,051,027$2,580,544$10,157,681
65$17,190,237$4,184,378$2,601,843$11,004,067
66$18,876,439$4,322,211$2,621,803$11,930,865
67$20,732,518$4,464,681$2,640,315$12,946,089
68$22,775,733$4,611,948$2,657,264$14,058,567
69$25,025,103$4,764,179$2,672,528$15,278,019
70$27,501,586$4,921,547$2,685,980$16,615,150
71$30,228,274$5,084,228$2,697,486$18,081,751
72$33,230,612$5,252,410$2,706,906$19,690,809
73$36,536,639$5,426,282$2,714,092$21,456,629
74$40,177,250$5,606,044$2,718,888$23,394,966
75$44,186,491$5,791,902$2,721,132$25,523,176
76$48,601,876$5,984,068$2,720,653$27,860,377
77$53,464,744$6,182,763$2,717,271$30,427,628
78$58,820,646$6,388,218$2,710,799$33,248,129
79$64,719,780$6,600,668$2,701,038$36,347,438
80$71,217,457$6,820,360$2,687,782$39,753,710
81$78,374,629$7,047,549$2,670,814$43,497,961
82$86,258,462$7,282,500$2,649,908$47,614,365
83$94,942,969$7,525,487$2,624,823$52,140,569
84$104,509,709$7,776,793$2,595,313$57,118,051
85$115,048,558$8,036,714$2,561,114$62,592,507
86$126,658,553$8,305,555$2,521,953$68,614,286
87$139,448,831$8,583,633$2,477,544$75,238,860
88$153,539,657$8,871,277$2,427,588$82,527,347
89$169,063,560$9,168,827$2,371,770$90,547,087
90$186,166,581$9,476,637$2,309,761$99,372,277
91$205,009,654$9,795,074$2,241,220$109,084,669
92$225,770,124$10,124,518$2,165,786$119,774,340
93$248,643,420$10,465,363$2,083,084$131,540,540
94$273,844,903$10,818,019$1,992,721$144,492,629
95$301,611,891$11,182,911$1,894,286$158,751,109
96$332,205,910$11,560,479$1,787,349$174,448,754
97$365,915,150$11,951,180$1,671,464$191,731,868
98$403,057,197$12,355,489$1,546,159$210,761,660
99$443,982,021$12,773,899$1,410,946$231,715,766
100$489,075,287$13,206,919$1,265,312$254,789,924