Can I retire at age 41 with 1,880,000?

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 $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$155,249$153,866$152,517$151,200$149,914$144,537
2 years$76,856$75,424$74,037$72,692$71,388$66,029
3 years$50,728$49,291$47,907$46,575$45,291$40,119
4 years$37,667$36,234$34,864$33,554$32,302$27,356
5 years$29,832$28,408$27,056$25,773$24,556$19,848
6 years$24,611$23,197$21,865$20,611$19,430$14,965
7 years$20,883$19,481$18,170$16,945$15,802$11,578
8 years$18,088$16,699$15,410$14,215$13,109$9,123
9 years$15,915$14,539$13,272$12,108$11,040$7,286
10 years$14,178$12,816$11,571$10,437$9,406$5,879
11 years$12,758$11,409$10,187$9,084$8,090$4,781
12 years$11,575$10,240$9,041$7,967$7,010$3,912
13 years$10,575$9,254$8,077$7,034$6,113$3,217
14 years$9,719$8,412$7,257$6,244$5,359$2,656
15 years$8,977$7,684$6,553$5,569$4,718$2,200
16 years$8,329$7,050$5,941$4,986$4,170$1,827
17 years$7,758$6,493$5,406$4,480$3,697$1,520
18 years$7,250$6,000$4,935$4,037$3,288$1,267
19 years$6,797$5,560$4,518$3,648$2,930$1,058
20 years$6,390$5,167$4,146$3,304$2,617$884
21 years$6,021$4,813$3,814$2,999$2,342$740
22 years$5,687$4,493$3,515$2,726$2,100$620
23 years$5,382$4,202$3,245$2,483$1,885$519
24 years$5,103$3,937$3,001$2,265$1,694$435
25 years$4,847$3,695$2,780$2,068$1,524$365
26 years$4,611$3,472$2,578$1,891$1,373$307
27 years$4,392$3,268$2,394$1,731$1,238$257
28 years$4,190$3,079$2,226$1,586$1,117$216
29 years$4,002$2,905$2,071$1,454$1,009$182
30 years$3,827$2,743$1,929$1,335$911$153
31 years$3,663$2,593$1,799$1,226$824$128
32 years$3,510$2,454$1,678$1,127$745$108
33 years$3,367$2,324$1,567$1,036$675$91
34 years$3,232$2,203$1,464$953$611$76
35 years$3,105$2,089$1,369$877$553$64
36 years$2,986$1,983$1,280$808$501$54
37 years$2,873$1,883$1,198$745$454$45
38 years$2,767$1,790$1,122$686$412$38
39 years$2,666$1,702$1,051$633$373$32
40 years$2,570$1,619$985$584$339$27
41 years$2,480$1,541$924$538$307$23
42 years$2,394$1,468$867$497$279$19
43 years$2,312$1,399$813$459$253$16
44 years$2,234$1,333$764$424$230$13
45 years$2,159$1,271$717$391$209$11
46 years$2,089$1,213$673$361$189$10
47 years$2,021$1,157$633$334$172$8
48 years$1,956$1,105$594$308$156$7
49 years$1,895$1,055$559$285$142$6
50 years$1,836$1,008$525$264$129$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,880,000, adding $3,592 every year, while hoping to spend $29,589 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: 65/29/6 Blend
40$1,880,000$1,880,000$1,880,000$1,880,000
41$2,075,465$1,975,825$1,946,685$2,208,130
42$2,255,680$2,041,158$1,980,417$2,362,088
43$2,453,285$2,108,701$2,014,286$2,526,362
44$2,670,023$2,178,530$2,048,268$2,705,046
45$2,907,813$2,250,726$2,082,333$2,899,537
46$3,168,770$2,325,371$2,116,450$3,111,373
47$3,455,221$2,402,550$2,150,588$3,342,246
48$3,769,732$2,482,354$2,184,711$3,594,019
49$4,115,129$2,564,873$2,218,783$3,868,742
50$4,494,524$2,650,204$2,252,764$4,168,670
51$4,911,346$2,738,445$2,286,613$4,496,287
52$5,369,374$2,829,699$2,320,284$4,854,329
53$5,872,768$2,924,072$2,353,732$5,245,804
54$6,426,113$3,021,674$2,386,904$5,674,029
55$7,034,460$3,122,620$2,419,750$6,142,653
56$7,703,375$3,227,028$2,452,211$6,655,694
57$8,438,988$3,335,022$2,484,229$7,217,578
58$9,248,054$3,446,727$2,515,740$7,833,179
59$10,138,017$3,562,278$2,546,679$8,507,863
60$11,117,075$3,681,810$2,576,973$9,247,543
61$12,194,265$3,805,467$2,606,549$10,058,728
62$13,379,540$3,933,394$2,635,329$10,948,590
63$14,683,868$4,065,747$2,663,228$11,925,025
64$16,119,337$4,202,682$2,690,160$12,996,736
65$17,699,261$4,344,365$2,716,032$14,173,303
66$19,438,314$4,490,967$2,740,747$15,465,284
67$21,352,662$4,642,665$2,764,203$16,884,306
68$23,460,121$4,799,642$2,786,290$18,443,180
69$25,780,319$4,962,091$2,806,897$20,156,018
70$28,334,886$5,130,208$2,825,903$22,038,365
71$31,147,656$5,304,200$2,843,182$24,107,348
72$34,244,891$5,484,279$2,858,603$26,381,837
73$37,655,529$5,670,668$2,872,025$28,882,618
74$41,411,458$5,863,597$2,883,303$31,632,594
75$45,547,817$6,063,303$2,892,284$34,656,999
76$50,103,324$6,270,035$2,898,806$37,983,631
77$55,120,647$6,484,050$2,902,700$41,643,121
78$60,646,801$6,705,616$2,903,787$45,669,217
79$66,733,593$6,935,010$2,901,883$50,099,102
80$73,438,114$7,172,520$2,896,790$54,973,745
81$80,823,273$7,418,445$2,888,304$60,338,288
82$88,958,394$7,673,096$2,876,210$66,242,467
83$97,919,869$7,936,797$2,860,282$72,741,087
84$107,791,878$8,209,882$2,840,283$79,894,534
85$118,667,183$8,492,700$2,815,966$87,769,344
86$130,648,006$8,785,612$2,787,072$96,438,833
87$143,846,991$9,088,996$2,753,327$105,983,787
88$158,388,269$9,403,242$2,714,448$116,493,220
89$174,408,627$9,728,755$2,670,137$128,065,220
90$192,058,802$10,065,958$2,620,081$140,807,868
91$211,504,899$10,415,290$2,563,953$154,840,260
92$232,929,966$10,777,206$2,501,413$170,293,630
93$256,535,714$11,152,181$2,432,102$187,312,586
94$282,544,425$11,540,706$2,355,646$206,056,476
95$311,201,050$11,943,294$2,271,653$226,700,890
96$342,775,519$12,360,478$2,179,716$249,439,316
97$377,565,291$12,792,810$2,079,405$274,484,966
98$415,898,160$13,240,867$1,970,274$302,072,787
99$458,135,349$13,705,246$1,851,855$332,461,676
100$504,674,923$14,186,571$1,723,660$365,936,926