Can I retire at age 41 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$156,074$154,684$153,328$152,004$150,711$147,427
2 years$77,265$75,826$74,431$73,079$71,767$68,475
3 years$50,998$49,553$48,162$46,822$45,532$42,335
4 years$37,867$36,427$35,049$33,733$32,474$29,396
5 years$29,991$28,559$27,200$25,910$24,686$21,736
6 years$24,742$23,320$21,981$20,720$19,533$16,715
7 years$20,994$19,585$18,267$17,035$15,886$13,199
8 years$18,184$16,788$15,492$14,291$13,179$10,623
9 years$16,000$14,617$13,343$12,172$11,098$8,671
10 years$14,254$12,884$11,633$10,493$9,456$7,155
11 years$12,826$11,470$10,241$9,132$8,133$5,955
12 years$11,637$10,295$9,089$8,010$7,048$4,990
13 years$10,632$9,303$8,120$7,071$6,146$4,205
14 years$9,771$8,456$7,296$6,277$5,387$3,559
15 years$9,025$7,725$6,587$5,598$4,743$3,023
16 years$8,373$7,088$5,972$5,013$4,192$2,576
17 years$7,799$6,527$5,435$4,504$3,717$2,201
18 years$7,289$6,032$4,961$4,059$3,305$1,884
19 years$6,833$5,590$4,542$3,667$2,946$1,616
20 years$6,424$5,195$4,168$3,322$2,631$1,389
21 years$6,053$4,839$3,834$3,015$2,355$1,195
22 years$5,717$4,517$3,534$2,741$2,111$1,029
23 years$5,411$4,224$3,263$2,496$1,895$887
24 years$5,130$3,958$3,017$2,277$1,703$765
25 years$4,873$3,714$2,795$2,079$1,532$661
26 years$4,635$3,491$2,592$1,901$1,380$571
27 years$4,416$3,285$2,407$1,740$1,245$493
28 years$4,212$3,096$2,237$1,594$1,123$427
29 years$4,023$2,920$2,082$1,462$1,014$369
30 years$3,847$2,758$1,939$1,342$916$320
31 years$3,683$2,607$1,808$1,232$828$277
32 years$3,529$2,467$1,687$1,133$749$240
33 years$3,385$2,336$1,575$1,041$678$207
34 years$3,249$2,214$1,472$958$614$180
35 years$3,122$2,100$1,376$882$556$156
36 years$3,002$1,993$1,287$812$504$135
37 years$2,888$1,893$1,205$749$457$117
38 years$2,781$1,799$1,128$690$414$101
39 years$2,680$1,711$1,057$636$375$88
40 years$2,584$1,628$991$587$341$76
41 years$2,493$1,550$929$541$309$66
42 years$2,406$1,476$871$500$280$57
43 years$2,324$1,406$818$461$254$50
44 years$2,246$1,340$768$426$231$43
45 years$2,171$1,278$721$393$210$37
46 years$2,100$1,219$677$363$190$32
47 years$2,032$1,164$636$336$173$28
48 years$1,967$1,111$598$310$157$24
49 years$1,905$1,061$562$287$143$21
50 years$1,845$1,013$528$265$129$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,890,000, adding $3,510 every year, while hoping to spend $30,771 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: 53/35/12 Blend
40$1,890,000$1,890,000$1,890,000$1,890,000
41$2,086,401$1,986,231$1,956,936$2,190,254
42$2,266,473$2,050,816$1,989,753$2,325,946
43$2,463,882$2,117,534$2,022,638$2,469,896
44$2,680,363$2,186,458$2,055,561$2,625,802
45$2,917,827$2,257,662$2,088,490$2,794,805
46$3,178,381$2,331,223$2,121,390$2,978,157
47$3,464,344$2,407,221$2,154,225$3,177,239
48$3,778,271$2,485,739$2,186,955$3,393,569
49$4,122,976$2,566,862$2,219,539$3,628,816
50$4,501,560$2,650,678$2,251,934$3,884,819
51$4,917,438$2,737,280$2,284,092$4,163,600
52$5,374,371$2,826,761$2,315,965$4,467,385
53$5,876,506$2,919,221$2,347,498$4,798,625
54$6,428,408$3,014,761$2,378,637$5,160,018
55$7,035,107$3,113,486$2,409,324$5,554,532
56$7,702,147$3,215,506$2,439,494$5,985,437
57$8,435,632$3,320,932$2,469,084$6,456,333
58$9,242,290$3,429,881$2,498,022$6,971,183
59$10,129,534$3,542,476$2,526,236$7,534,352
60$11,105,529$3,658,840$2,553,648$8,150,646
61$12,179,274$3,779,104$2,580,175$8,825,358
62$13,360,681$3,903,401$2,605,733$9,564,316
63$14,660,674$4,031,871$2,630,228$10,373,940
64$16,091,289$4,164,659$2,653,567$11,261,301
65$17,665,786$4,301,912$2,675,646$12,234,186
66$19,398,776$4,443,787$2,696,361$13,301,173
67$21,306,361$4,590,442$2,715,599$14,471,711
68$23,406,280$4,742,044$2,733,242$15,756,207
69$25,718,081$4,898,764$2,749,166$17,166,126
70$28,263,303$5,060,781$2,763,240$18,714,097
71$31,065,680$5,228,280$2,775,329$20,414,035
72$34,151,364$5,401,450$2,785,287$22,281,265
73$37,549,173$5,580,491$2,792,964$24,332,673
74$41,290,862$5,765,608$2,798,201$26,586,861
75$45,411,420$5,957,013$2,800,831$29,064,325
76$49,949,405$6,154,927$2,800,680$31,787,641
77$54,947,304$6,359,578$2,797,562$34,781,688
78$60,451,936$6,571,204$2,791,287$38,073,873
79$66,514,890$6,790,049$2,781,652$41,694,393
80$73,193,016$7,016,369$2,768,444$45,676,519
81$80,548,960$7,250,428$2,751,443$50,056,910
82$88,651,753$7,492,498$2,730,416$54,875,956
83$97,577,465$7,742,864$2,705,118$60,178,160
84$107,409,922$8,001,819$2,675,295$66,012,558
85$118,241,495$8,269,670$2,640,679$72,433,180
86$130,173,975$8,546,731$2,600,989$79,499,560
87$143,319,532$8,833,332$2,555,933$87,277,295
88$157,801,771$9,129,812$2,505,204$95,838,666
89$173,756,904$9,436,525$2,448,480$105,263,319
90$191,335,029$9,753,836$2,385,426$115,639,013
91$210,701,554$10,082,126$2,315,689$127,062,452
92$232,038,750$10,421,787$2,238,902$139,640,193
93$255,547,477$10,773,230$2,154,681$153,489,653
94$281,449,080$11,136,878$2,062,622$168,740,216
95$309,987,472$11,513,171$1,962,306$185,534,453
96$341,431,443$11,902,565$1,853,292$204,029,467
97$376,077,195$12,305,536$1,735,122$224,398,375
98$414,251,136$12,722,574$1,607,316$246,831,938
99$456,312,961$13,154,190$1,469,371$271,540,369
100$502,659,052$13,600,914$1,320,763$298,755,305