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

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 $1,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$151,945$150,592$149,272$147,983$146,724$143,061
2 years$75,221$73,820$72,462$71,146$69,869$66,201
3 years$49,649$48,242$46,888$45,584$44,328$40,771
4 years$36,866$35,463$34,122$32,840$31,615$28,196
5 years$29,198$27,803$26,480$25,225$24,033$20,761
6 years$24,087$22,704$21,400$20,172$19,017$15,895
7 years$20,438$19,066$17,783$16,585$15,466$12,495
8 years$17,703$16,343$15,082$13,913$12,830$10,010
9 years$15,577$14,230$12,990$11,850$10,805$8,131
10 years$13,877$12,543$11,325$10,215$9,206$6,677
11 years$12,487$11,166$9,970$8,890$7,918$5,529
12 years$11,329$10,022$8,848$7,798$6,861$4,609
13 years$10,350$9,057$7,905$6,884$5,983$3,862
14 years$9,512$8,233$7,103$6,111$5,245$3,251
15 years$8,786$7,521$6,413$5,450$4,618$2,747
16 years$8,152$6,900$5,814$4,880$4,081$2,327
17 years$7,593$6,355$5,291$4,385$3,619$1,977
18 years$7,096$5,872$4,830$3,951$3,218$1,683
19 years$6,652$5,442$4,422$3,570$2,868$1,435
20 years$6,254$5,057$4,058$3,234$2,562$1,225
21 years$5,893$4,711$3,732$2,935$2,292$1,048
22 years$5,566$4,397$3,440$2,668$2,055$897
23 years$5,268$4,113$3,176$2,430$1,845$768
24 years$4,995$3,853$2,938$2,216$1,658$659
25 years$4,744$3,616$2,721$2,024$1,492$565
26 years$4,513$3,398$2,523$1,851$1,344$485
27 years$4,299$3,198$2,343$1,694$1,212$417
28 years$4,101$3,014$2,178$1,552$1,093$358
29 years$3,917$2,843$2,027$1,423$987$308
30 years$3,745$2,685$1,888$1,306$892$264
31 years$3,585$2,538$1,760$1,200$806$227
32 years$3,436$2,402$1,642$1,103$729$196
33 years$3,295$2,274$1,533$1,014$660$168
34 years$3,163$2,156$1,433$933$598$145
35 years$3,039$2,045$1,340$859$541$125
36 years$2,922$1,941$1,253$791$491$107
37 years$2,812$1,843$1,173$729$445$92
38 years$2,708$1,752$1,098$672$403$79
39 years$2,609$1,666$1,029$619$365$68
40 years$2,516$1,585$965$571$332$59
41 years$2,427$1,509$904$527$301$51
42 years$2,343$1,437$848$486$273$44
43 years$2,262$1,369$796$449$248$38
44 years$2,186$1,305$747$415$225$32
45 years$2,114$1,244$702$383$204$28
46 years$2,044$1,187$659$354$185$24
47 years$1,978$1,133$619$327$168$21
48 years$1,915$1,081$582$302$153$18
49 years$1,854$1,033$547$279$139$15
50 years$1,796$986$514$258$126$13

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 $6,470 every year, while hoping to spend $44,081 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: 53/17/30 Blend
40$1,840,000$1,840,000$1,840,000$1,840,000
41$2,034,354$1,936,834$1,908,314$2,124,770
42$2,194,956$1,984,837$1,925,340$2,236,291
43$2,370,462$2,033,715$1,941,460$2,352,619
44$2,562,346$2,083,463$1,956,596$2,478,366
45$2,772,230$2,134,078$1,970,667$2,614,453
46$3,001,901$2,185,551$1,983,587$2,761,897
47$3,253,326$2,237,874$1,995,268$2,921,818
48$3,528,671$2,291,035$2,005,616$3,095,449
49$3,830,321$2,345,022$2,014,530$3,284,152
50$4,160,905$2,399,819$2,021,907$3,489,424
51$4,523,314$2,455,407$2,027,638$3,712,920
52$4,920,736$2,511,766$2,031,607$3,956,461
53$5,356,680$2,568,871$2,033,695$4,222,056
54$5,835,013$2,626,697$2,033,775$4,511,918
55$6,359,992$2,685,213$2,031,715$4,828,489
56$6,936,307$2,744,385$2,027,374$5,174,458
57$7,569,126$2,804,176$2,020,606$5,552,792
58$8,264,141$2,864,544$2,011,260$5,966,760
59$9,027,620$2,925,443$1,999,174$6,419,966
60$9,866,470$2,986,823$1,984,180$6,916,383
61$10,788,302$3,048,629$1,966,101$7,460,392
62$11,801,497$3,110,800$1,944,754$8,056,820
63$12,915,291$3,173,271$1,919,945$8,710,990
64$14,139,858$3,235,968$1,891,470$9,428,768
65$15,486,408$3,298,815$1,859,119$10,216,623
66$16,967,291$3,361,727$1,822,669$11,081,683
67$18,596,115$3,424,611$1,781,888$12,031,809
68$20,387,870$3,487,368$1,736,533$13,075,663
69$22,359,075$3,549,892$1,686,349$14,222,795
70$24,527,930$3,612,066$1,631,071$15,483,732
71$26,914,487$3,673,765$1,570,420$16,870,078
72$29,540,841$3,734,857$1,504,106$18,394,624
73$32,431,338$3,795,195$1,431,824$20,071,467
74$35,612,801$3,854,626$1,353,257$21,916,151
75$39,114,787$3,912,984$1,268,071$23,945,805
76$42,969,865$3,970,089$1,175,921$26,179,312
77$47,213,920$4,025,752$1,076,443$28,637,485
78$51,886,494$4,079,768$969,258$31,343,266
79$57,031,158$4,131,919$853,970$34,321,940
80$62,695,923$4,181,970$730,165$37,601,380
81$68,933,694$4,229,673$597,412$41,212,307
82$75,802,765$4,274,761$455,260$45,188,582
83$83,367,373$4,316,951$303,237$49,567,526
84$91,698,302$4,355,938$140,853$54,390,275
85$100,873,550$4,391,401$0$59,702,169
86$110,979,068$4,422,995$0$65,563,566
87$122,109,565$4,450,354$0$72,067,949
88$134,369,408$4,473,089$0$79,231,070
89$147,873,603$4,490,785$0$87,120,023
90$162,748,878$4,503,001$0$95,808,747
91$179,134,884$4,509,269$0$105,378,720
92$197,185,511$4,509,091$0$115,919,732
93$217,070,335$4,501,939$0$127,530,732
94$238,976,226$4,487,251$0$140,320,761
95$263,109,107$4,464,433$0$154,409,981
96$289,695,897$4,432,851$0$169,930,813
97$318,986,654$4,391,836$0$187,029,185
98$351,256,934$4,340,677$0$205,865,909
99$386,810,393$4,278,621$0$226,618,201
100$425,981,649$4,204,870$0$249,481,357