Can I retire at age 41 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$154,423$153,047$151,705$150,395$149,116$147,991
2 years$76,447$75,023$73,643$72,306$71,008$69,873
3 years$50,458$49,028$47,652$46,327$45,050$43,941
4 years$37,467$36,041$34,679$33,376$32,130$31,056
5 years$29,674$28,257$26,912$25,636$24,425$23,388
6 years$24,480$23,074$21,749$20,501$19,327$18,329
7 years$20,772$19,377$18,073$16,855$15,718$14,759
8 years$17,992$16,610$15,328$14,139$13,039$12,120
9 years$15,831$14,462$13,202$12,044$10,981$10,101
10 years$14,103$12,747$11,510$10,382$9,356$8,515
11 years$12,690$11,348$10,133$9,035$8,047$7,244
12 years$11,514$10,186$8,993$7,925$6,973$6,207
13 years$10,519$9,205$8,034$6,997$6,081$5,351
14 years$9,667$8,367$7,219$6,211$5,330$4,637
15 years$8,930$7,643$6,518$5,539$4,693$4,034
16 years$8,285$7,013$5,909$4,960$4,148$3,522
17 years$7,716$6,458$5,377$4,456$3,678$3,085
18 years$7,212$5,968$4,909$4,016$3,270$2,709
19 years$6,761$5,531$4,494$3,629$2,915$2,384
20 years$6,356$5,140$4,124$3,286$2,604$2,102
21 years$5,989$4,787$3,793$2,983$2,330$1,857
22 years$5,657$4,469$3,496$2,712$2,088$1,642
23 years$5,354$4,180$3,228$2,470$1,875$1,454
24 years$5,076$3,916$2,985$2,253$1,685$1,290
25 years$4,821$3,675$2,765$2,057$1,516$1,145
26 years$4,586$3,454$2,564$1,881$1,366$1,017
27 years$4,369$3,251$2,381$1,722$1,231$904
28 years$4,168$3,063$2,214$1,577$1,111$804
29 years$3,981$2,890$2,060$1,447$1,003$716
30 years$3,807$2,729$1,919$1,328$907$637
31 years$3,644$2,580$1,789$1,219$820$568
32 years$3,492$2,441$1,669$1,121$741$506
33 years$3,349$2,312$1,558$1,030$671$451
34 years$3,215$2,191$1,456$948$607$403
35 years$3,089$2,078$1,361$873$550$359
36 years$2,970$1,972$1,274$804$499$321
37 years$2,858$1,873$1,192$741$452$286
38 years$2,752$1,780$1,116$683$410$256
39 years$2,652$1,693$1,046$629$371$228
40 years$2,557$1,611$980$581$337$204
41 years$2,466$1,533$919$536$306$182
42 years$2,381$1,460$862$494$277$163
43 years$2,299$1,391$809$456$252$145
44 years$2,222$1,326$759$421$228$130
45 years$2,148$1,265$713$389$207$116
46 years$2,078$1,206$670$359$188$104
47 years$2,010$1,151$629$332$171$93
48 years$1,946$1,099$591$307$155$83
49 years$1,885$1,049$556$284$141$74
50 years$1,826$1,002$523$262$128$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,870,000, adding $6,605 every year, while hoping to spend $28,120 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: 42/30/28 Blend
40$1,870,000$1,870,000$1,870,000$1,870,000
41$2,067,553$1,968,443$1,939,458$2,137,200
42$2,248,524$2,034,977$1,974,510$2,254,500
43$2,447,012$2,103,829$2,009,795$2,378,310
44$2,664,773$2,175,083$2,045,289$2,511,858
45$2,903,743$2,248,825$2,080,969$2,656,062
46$3,166,053$2,325,146$2,116,810$2,811,929
47$3,454,052$2,404,140$2,152,785$2,980,568
48$3,770,327$2,485,904$2,188,865$3,163,198
49$4,117,726$2,570,540$2,225,018$3,361,161
50$4,499,390$2,658,151$2,261,211$3,575,933
51$4,918,775$2,748,848$2,297,409$3,809,139
52$5,379,691$2,842,743$2,333,573$4,062,567
53$5,886,336$2,939,953$2,369,664$4,338,185
54$6,443,332$3,040,602$2,405,639$4,638,158
55$7,055,775$3,144,814$2,441,451$4,964,872
56$7,729,277$3,252,723$2,477,052$5,320,951
57$8,470,021$3,364,464$2,512,391$5,709,285
58$9,284,820$3,480,180$2,547,413$6,133,058
59$10,181,181$3,600,018$2,582,060$6,595,772
60$11,167,374$3,724,131$2,616,271$7,101,287
61$12,252,511$3,852,678$2,649,982$7,653,851
62$13,446,633$3,985,826$2,683,122$8,258,144
63$14,760,804$4,123,745$2,715,621$8,919,320
64$16,207,212$4,266,615$2,747,400$9,643,053
65$17,799,289$4,414,620$2,778,380$10,435,597
66$19,551,835$4,567,955$2,808,473$11,303,837
67$21,481,156$4,726,819$2,837,592$12,255,358
68$23,605,222$4,891,421$2,865,639$13,298,514
69$25,943,831$5,061,977$2,892,515$14,442,509
70$28,518,802$5,238,714$2,918,113$15,697,480
71$31,354,173$5,421,864$2,942,324$17,074,597
72$34,476,435$5,611,673$2,965,028$18,586,163
73$37,914,779$5,808,392$2,986,104$20,245,733
74$41,701,369$6,012,285$3,005,421$22,068,238
75$45,871,648$6,223,627$3,022,842$24,070,131
76$50,464,673$6,442,701$3,038,224$26,269,536
77$55,523,481$6,669,805$3,051,416$28,686,423
78$61,095,497$6,905,247$3,062,260$31,342,793
79$67,232,981$7,149,346$3,070,588$34,262,886
80$73,993,518$7,402,438$3,076,226$37,473,412
81$81,440,568$7,664,868$3,078,991$41,003,796
82$89,644,058$7,936,999$3,078,689$44,886,463
83$98,681,045$8,219,205$3,075,118$49,157,137
84$108,636,443$8,511,878$3,068,066$53,855,182
85$119,603,825$8,815,424$3,057,311$59,023,971
86$131,686,303$9,130,268$3,042,619$64,711,294
87$144,997,506$9,456,851$3,023,746$70,969,812
88$159,662,645$9,795,631$3,000,436$77,857,549
89$175,819,704$10,147,086$2,972,420$85,438,440
90$193,620,734$10,511,713$2,939,416$93,782,937
91$213,233,293$10,890,031$2,901,131$102,968,671
92$234,842,026$11,282,579$2,857,255$113,081,183
93$258,650,405$11,689,918$2,807,466$124,214,732
94$284,882,656$12,112,634$2,751,425$136,473,186
95$313,785,868$12,551,334$2,688,779$149,970,995
96$345,632,331$13,006,654$2,619,158$164,834,281
97$380,722,103$13,479,254$2,542,174$181,202,017
98$419,385,843$13,969,823$2,457,422$199,227,346
99$461,987,932$14,479,077$2,364,479$219,079,022
100$508,929,913$15,007,764$2,262,901$240,943,001