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%12.6%
1 years$155,249$153,866$152,517$151,200$149,914$148,287
2 years$76,856$75,424$74,037$72,692$71,388$69,749
3 years$50,728$49,291$47,907$46,575$45,291$43,692
4 years$37,667$36,234$34,864$33,554$32,302$30,755
5 years$29,832$28,408$27,056$25,773$24,556$23,065
6 years$24,611$23,197$21,865$20,611$19,430$17,998
7 years$20,883$19,481$18,170$16,945$15,802$14,429
8 years$18,088$16,699$15,410$14,215$13,109$11,795
9 years$15,915$14,539$13,272$12,108$11,040$9,784
10 years$14,178$12,816$11,571$10,437$9,406$8,208
11 years$12,758$11,409$10,187$9,084$8,090$6,948
12 years$11,575$10,240$9,041$7,967$7,010$5,924
13 years$10,575$9,254$8,077$7,034$6,113$5,081
14 years$9,719$8,412$7,257$6,244$5,359$4,379
15 years$8,977$7,684$6,553$5,569$4,718$3,790
16 years$8,329$7,050$5,941$4,986$4,170$3,291
17 years$7,758$6,493$5,406$4,480$3,697$2,866
18 years$7,250$6,000$4,935$4,037$3,288$2,502
19 years$6,797$5,560$4,518$3,648$2,930$2,190
20 years$6,390$5,167$4,146$3,304$2,617$1,919
21 years$6,021$4,813$3,814$2,999$2,342$1,685
22 years$5,687$4,493$3,515$2,726$2,100$1,482
23 years$5,382$4,202$3,245$2,483$1,885$1,304
24 years$5,103$3,937$3,001$2,265$1,694$1,149
25 years$4,847$3,695$2,780$2,068$1,524$1,014
26 years$4,611$3,472$2,578$1,891$1,373$895
27 years$4,392$3,268$2,394$1,731$1,238$791
28 years$4,190$3,079$2,226$1,586$1,117$699
29 years$4,002$2,905$2,071$1,454$1,009$618
30 years$3,827$2,743$1,929$1,335$911$547
31 years$3,663$2,593$1,799$1,226$824$484
32 years$3,510$2,454$1,678$1,127$745$429
33 years$3,367$2,324$1,567$1,036$675$380
34 years$3,232$2,203$1,464$953$611$336
35 years$3,105$2,089$1,369$877$553$298
36 years$2,986$1,983$1,280$808$501$264
37 years$2,873$1,883$1,198$745$454$234
38 years$2,767$1,790$1,122$686$412$208
39 years$2,666$1,702$1,051$633$373$184
40 years$2,570$1,619$985$584$339$164
41 years$2,480$1,541$924$538$307$145
42 years$2,394$1,468$867$497$279$129
43 years$2,312$1,399$813$459$253$114
44 years$2,234$1,333$764$424$230$101
45 years$2,159$1,271$717$391$209$90
46 years$2,089$1,213$673$361$189$80
47 years$2,021$1,157$633$334$172$71
48 years$1,956$1,105$594$308$156$63
49 years$1,895$1,055$559$285$142$56
50 years$1,836$1,008$525$264$129$50

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 $2,004 every year, while hoping to spend $44,014 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: 72/15/13 Blend
40$1,880,000$1,880,000$1,880,000$1,880,000
41$2,073,827$1,974,187$1,945,047$2,217,247
42$2,238,527$2,024,092$1,963,376$2,362,404
43$2,418,551$2,074,967$1,980,843$2,515,720
44$2,615,416$2,126,813$1,997,374$2,682,429
45$2,830,791$2,179,629$2,012,889$2,863,846
46$3,066,516$2,233,415$2,027,305$3,061,417
47$3,324,615$2,288,167$2,040,534$3,276,738
48$3,607,317$2,343,878$2,052,483$3,511,563
49$3,917,078$2,400,543$2,063,056$3,767,828
50$4,256,602$2,458,152$2,072,150$4,047,662
51$4,628,866$2,516,692$2,079,658$4,353,413
52$5,037,152$2,576,151$2,085,468$4,687,665
53$5,485,071$2,636,512$2,089,461$5,053,268
54$5,976,603$2,697,756$2,091,512$5,453,358
55$6,516,130$2,759,860$2,091,492$5,891,392
56$7,108,482$2,822,800$2,089,264$6,371,180
57$7,758,977$2,886,546$2,084,683$6,896,918
58$8,473,473$2,951,068$2,077,601$7,473,228
59$9,258,424$3,016,327$2,067,858$8,105,206
60$10,120,942$3,082,285$2,055,289$8,798,465
61$11,068,858$3,148,898$2,039,721$9,559,189
62$12,110,803$3,216,114$2,020,973$10,394,193
63$13,256,282$3,283,882$1,998,853$11,310,987
64$14,515,772$3,352,141$1,973,164$12,317,846
65$15,900,810$3,420,826$1,943,694$13,423,888
66$17,424,113$3,489,866$1,910,228$14,639,160
67$19,099,686$3,559,183$1,872,535$15,974,735
68$20,942,965$3,628,694$1,830,376$17,442,812
69$22,970,955$3,698,308$1,783,500$19,056,838
70$25,202,391$3,767,924$1,731,647$20,831,626
71$27,657,919$3,837,436$1,674,541$22,783,504
72$30,360,284$3,906,727$1,611,895$24,930,464
73$33,334,550$3,975,674$1,543,411$27,292,332
74$36,608,333$4,044,141$1,468,774$29,890,956
75$40,212,062$4,111,983$1,387,657$32,750,414
76$44,179,267$4,179,044$1,299,717$35,897,239
77$48,546,892$4,245,157$1,204,598$39,360,671
78$53,355,646$4,310,142$1,101,923$43,172,932
79$58,650,389$4,373,805$991,304$47,369,531
80$64,480,548$4,435,940$872,332$51,989,601
81$70,900,589$4,496,327$744,581$57,076,264
82$77,970,530$4,554,728$607,605$62,677,045
83$85,756,504$4,610,890$460,940$68,844,314
84$94,331,386$4,664,542$304,100$75,635,787
85$103,775,480$4,715,397$136,580$83,115,066
86$114,177,274$4,763,146$0$91,352,241
87$125,634,276$4,807,461$0$100,430,409
88$138,253,936$4,847,990$0$110,449,437
89$152,154,659$4,884,363$0$121,484,247
90$167,466,917$4,916,180$0$133,638,300
91$184,334,490$4,943,020$0$147,025,608
92$202,915,812$4,964,432$0$161,771,810
93$223,385,474$4,979,938$0$178,015,356
94$245,935,867$4,989,030$0$195,908,817
95$270,779,000$4,991,167$0$215,620,325
96$298,148,500$4,985,776$0$237,335,157
97$328,301,815$4,972,247$0$261,257,487
98$361,522,646$4,949,933$0$287,612,312
99$398,123,624$4,918,148$0$316,647,579
100$438,449,261$4,876,165$0$348,636,521