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

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$156,074$154,684$153,328$152,004$150,711$144,674
2 years$77,265$75,826$74,431$73,079$71,767$65,761
3 years$50,998$49,553$48,162$46,822$45,532$39,746
4 years$37,867$36,427$35,049$33,733$32,474$26,951
5 years$29,991$28,559$27,200$25,910$24,686$19,441
6 years$24,742$23,320$21,981$20,720$19,533$14,570
7 years$20,994$19,585$18,267$17,035$15,886$11,201
8 years$18,184$16,788$15,492$14,291$13,179$8,769
9 years$16,000$14,617$13,343$12,172$11,098$6,956
10 years$14,254$12,884$11,633$10,493$9,456$5,573
11 years$12,826$11,470$10,241$9,132$8,133$4,500
12 years$11,637$10,295$9,089$8,010$7,048$3,655
13 years$10,632$9,303$8,120$7,071$6,146$2,983
14 years$9,771$8,456$7,296$6,277$5,387$2,444
15 years$9,025$7,725$6,587$5,598$4,743$2,008
16 years$8,373$7,088$5,972$5,013$4,192$1,655
17 years$7,799$6,527$5,435$4,504$3,717$1,366
18 years$7,289$6,032$4,961$4,059$3,305$1,129
19 years$6,833$5,590$4,542$3,667$2,946$935
20 years$6,424$5,195$4,168$3,322$2,631$775
21 years$6,053$4,839$3,834$3,015$2,355$643
22 years$5,717$4,517$3,534$2,741$2,111$534
23 years$5,411$4,224$3,263$2,496$1,895$443
24 years$5,130$3,958$3,017$2,277$1,703$369
25 years$4,873$3,714$2,795$2,079$1,532$307
26 years$4,635$3,491$2,592$1,901$1,380$255
27 years$4,416$3,285$2,407$1,740$1,245$212
28 years$4,212$3,096$2,237$1,594$1,123$177
29 years$4,023$2,920$2,082$1,462$1,014$147
30 years$3,847$2,758$1,939$1,342$916$122
31 years$3,683$2,607$1,808$1,232$828$102
32 years$3,529$2,467$1,687$1,133$749$85
33 years$3,385$2,336$1,575$1,041$678$71
34 years$3,249$2,214$1,472$958$614$59
35 years$3,122$2,100$1,376$882$556$49
36 years$3,002$1,993$1,287$812$504$41
37 years$2,888$1,893$1,205$749$457$34
38 years$2,781$1,799$1,128$690$414$28
39 years$2,680$1,711$1,057$636$375$24
40 years$2,584$1,628$991$587$341$20
41 years$2,493$1,550$929$541$309$16
42 years$2,406$1,476$871$500$280$14
43 years$2,324$1,406$818$461$254$11
44 years$2,246$1,340$768$426$231$9
45 years$2,171$1,278$721$393$210$8
46 years$2,100$1,219$677$363$190$7
47 years$2,032$1,164$636$336$173$5
48 years$1,967$1,111$598$310$157$5
49 years$1,905$1,061$562$287$143$4
50 years$1,845$1,013$528$265$129$3

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 $2,525 every year, while hoping to spend $39,808 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: 49/46/5 Blend
40$1,890,000$1,890,000$1,890,000$1,890,000
41$2,085,385$1,985,215$1,955,920$2,184,890
42$2,255,738$2,040,135$1,979,087$2,307,912
43$2,442,134$2,096,412$2,001,697$2,436,985
44$2,646,166$2,154,070$2,023,688$2,576,219
45$2,869,589$2,213,134$2,044,996$2,726,571
46$3,114,338$2,273,628$2,065,554$2,889,092
47$3,382,540$2,335,576$2,085,290$3,064,940
48$3,676,541$2,399,001$2,104,129$3,255,389
49$3,998,923$2,463,927$2,121,992$3,461,840
50$4,352,531$2,530,376$2,138,796$3,685,837
51$4,740,496$2,598,372$2,154,453$3,929,077
52$5,166,270$2,667,935$2,168,871$4,193,430
53$5,633,654$2,739,088$2,181,952$4,480,953
54$6,146,834$2,811,851$2,193,595$4,793,912
55$6,710,423$2,886,244$2,203,692$5,134,801
56$7,329,501$2,962,285$2,212,131$5,506,368
57$8,009,665$3,039,992$2,218,793$5,911,637
58$8,757,082$3,119,382$2,223,553$6,353,940
59$9,578,544$3,200,472$2,226,282$6,836,945
60$10,481,534$3,283,274$2,226,841$7,364,694
61$11,474,298$3,367,801$2,225,088$7,941,637
62$12,565,919$3,454,066$2,220,870$8,572,677
63$13,766,404$3,542,077$2,214,031$9,263,214
64$15,086,779$3,631,841$2,204,403$10,019,197
65$16,539,194$3,723,364$2,191,813$10,847,181
66$18,137,031$3,816,648$2,176,079$11,754,384
67$19,895,040$3,911,695$2,157,009$12,748,760
68$21,829,468$4,008,503$2,134,403$13,839,073
69$23,958,220$4,107,066$2,108,052$15,034,977
70$26,301,022$4,207,376$2,077,735$16,347,109
71$28,879,611$4,309,421$2,043,224$17,787,189
72$31,717,936$4,413,187$2,004,276$19,368,130
73$34,842,387$4,518,655$1,960,641$21,104,159
74$38,282,042$4,625,801$1,912,055$23,010,955
75$42,068,943$4,734,598$1,858,241$25,105,791
76$46,238,395$4,845,013$1,798,912$27,407,701
77$50,829,302$4,957,009$1,733,766$29,937,659
78$55,884,530$5,070,542$1,662,486$32,718,775
79$61,451,317$5,185,564$1,584,744$35,776,516
80$67,581,713$5,302,018$1,500,195$39,138,944
81$74,333,074$5,419,843$1,408,478$42,836,981
82$81,768,601$5,538,969$1,309,215$46,904,702
83$89,957,939$5,659,319$1,202,015$51,379,658
84$98,977,831$5,780,808$1,086,465$56,303,224
85$108,912,844$5,903,342$962,135$61,720,999
86$119,856,165$6,026,817$828,578$67,683,230
87$131,910,483$6,151,120$685,324$74,245,286
88$145,188,954$6,276,127$531,885$81,468,187
89$159,816,273$6,401,702$367,748$89,419,172
90$175,929,847$6,527,700$192,382$98,172,342
91$193,681,093$6,653,959$5,229$107,809,352
92$213,236,868$6,780,306$0$118,420,190
93$234,781,042$6,906,554$0$130,114,395
94$258,516,233$7,032,500$0$142,991,843
95$284,665,720$7,157,924$0$157,172,716
96$313,475,551$7,282,590$0$172,789,760
97$345,216,863$7,406,243$0$189,989,262
98$380,188,444$7,528,610$0$208,932,429
99$418,719,549$7,649,396$0$229,796,909
100$461,173,012$7,768,284$0$252,778,474