Can I retire at age 41 with 1,920,000?

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 $1,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$158,552$157,140$155,762$154,417$153,103$150,197
2 years$78,491$77,029$75,612$74,239$72,906$69,989
3 years$51,808$50,339$48,926$47,566$46,255$43,418
4 years$38,468$37,005$35,606$34,268$32,989$30,255
5 years$30,467$29,012$27,632$26,321$25,078$22,454
6 years$25,135$23,691$22,330$21,049$19,843$17,332
7 years$21,327$19,895$18,557$17,306$16,138$13,740
8 years$18,473$17,054$15,738$14,517$13,388$11,104
9 years$16,254$14,849$13,555$12,366$11,275$9,102
10 years$14,480$13,088$11,817$10,659$9,607$7,543
11 years$13,029$11,652$10,404$9,277$8,262$6,306
12 years$11,822$10,458$9,233$8,137$7,160$5,308
13 years$10,800$9,451$8,249$7,184$6,243$4,493
14 years$9,926$8,591$7,412$6,377$5,473$3,821
15 years$9,168$7,848$6,692$5,687$4,819$3,262
16 years$8,506$7,200$6,067$5,092$4,259$2,793
17 years$7,923$6,631$5,521$4,575$3,776$2,399
18 years$7,405$6,127$5,040$4,123$3,358$2,064
19 years$6,942$5,679$4,614$3,726$2,993$1,780
20 years$6,525$5,277$4,234$3,374$2,673$1,537
21 years$6,149$4,915$3,895$3,062$2,392$1,330
22 years$5,808$4,588$3,590$2,784$2,144$1,151
23 years$5,497$4,291$3,314$2,536$1,925$998
24 years$5,212$4,021$3,065$2,313$1,730$866
25 years$4,950$3,773$2,839$2,112$1,557$752
26 years$4,709$3,546$2,633$1,931$1,402$653
27 years$4,486$3,337$2,445$1,768$1,264$568
28 years$4,279$3,145$2,273$1,620$1,141$494
29 years$4,087$2,967$2,115$1,485$1,030$430
30 years$3,908$2,802$1,970$1,363$931$374
31 years$3,741$2,649$1,837$1,252$841$326
32 years$3,585$2,506$1,714$1,151$761$284
33 years$3,438$2,373$1,600$1,058$689$247
34 years$3,301$2,249$1,495$973$624$215
35 years$3,171$2,134$1,398$896$565$188
36 years$3,049$2,025$1,308$825$512$164
37 years$2,934$1,923$1,224$760$464$143
38 years$2,825$1,828$1,146$701$421$124
39 years$2,723$1,738$1,074$646$381$108
40 years$2,625$1,654$1,006$596$346$95
41 years$2,532$1,574$944$550$314$82
42 years$2,444$1,499$885$508$285$72
43 years$2,361$1,428$831$469$258$63
44 years$2,281$1,362$780$433$235$55
45 years$2,205$1,298$732$400$213$48
46 years$2,133$1,239$688$369$193$42
47 years$2,064$1,182$646$341$176$36
48 years$1,998$1,128$607$315$159$32
49 years$1,935$1,078$571$291$145$28
50 years$1,875$1,029$536$269$132$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,920,000, adding $2,394 every year, while hoping to spend $51,482 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: 60/27/13 Blend
40$1,920,000$1,920,000$1,920,000$1,920,000
41$2,118,309$2,016,549$1,986,789$2,238,514
42$2,279,601$2,060,584$1,998,570$2,363,725
43$2,455,618$2,105,051$2,009,021$2,494,241
44$2,647,809$2,149,916$2,018,041$2,635,378
45$2,857,768$2,195,145$2,025,528$2,788,163
46$3,087,249$2,240,695$2,031,372$2,953,732
47$3,338,184$2,286,525$2,035,458$3,133,333
48$3,612,699$2,332,585$2,037,666$3,328,344
49$3,913,137$2,378,824$2,037,870$3,540,280
50$4,242,075$2,425,184$2,035,937$3,770,814
51$4,602,353$2,471,605$2,031,728$4,021,787
52$4,997,099$2,518,020$2,025,097$4,295,228
53$5,429,756$2,564,356$2,015,891$4,593,373
54$5,904,118$2,610,536$2,003,949$4,918,687
55$6,424,360$2,656,474$1,989,104$5,273,885
56$6,995,086$2,702,082$1,971,179$5,661,961
57$7,621,361$2,747,261$1,949,991$6,086,213
58$8,308,769$2,791,906$1,925,344$6,550,278
59$9,063,459$2,835,904$1,897,039$7,058,160
60$9,892,203$2,879,135$1,864,861$7,614,278
61$10,802,464$2,921,469$1,828,590$8,223,497
62$11,802,461$2,962,767$1,787,994$8,891,183
63$12,901,250$3,002,880$1,742,829$9,623,247
64$14,108,805$3,041,650$1,692,842$10,426,208
65$15,436,118$3,078,905$1,637,767$11,307,248
66$16,895,295$3,114,464$1,577,325$12,274,285
67$18,499,676$3,148,134$1,511,226$13,336,043
68$20,263,957$3,179,707$1,439,167$14,502,142
69$22,204,330$3,208,962$1,360,828$15,783,182
70$24,338,636$3,235,664$1,275,879$17,190,848
71$26,686,528$3,259,563$1,183,973$18,738,019
72$29,269,664$3,280,392$1,084,746$20,438,891
73$32,111,904$3,297,866$977,820$22,309,108
74$35,239,541$3,311,684$862,799$24,365,917
75$38,681,541$3,321,524$739,270$26,628,324
76$42,469,824$3,327,044$606,801$29,117,281
77$46,639,559$3,327,881$464,942$31,855,877
78$51,229,497$3,323,651$313,221$34,869,565
79$56,282,340$3,313,944$151,148$38,186,395
80$61,845,137$3,298,326$0$41,837,285
81$67,969,732$3,276,335$0$45,859,340
82$74,713,252$3,247,482$0$50,309,662
83$82,138,645$3,211,250$0$55,208,738
84$90,315,274$3,167,089$0$60,602,276
85$99,319,572$3,114,417$0$66,540,647
86$109,235,761$3,052,616$0$73,079,363
87$120,156,647$2,981,032$0$80,279,603
88$132,184,497$2,898,975$0$88,208,789
89$145,432,002$2,805,711$0$96,941,225
90$160,023,340$2,700,464$0$106,558,796
91$176,095,348$2,582,415$0$117,151,748
92$193,798,815$2,450,694$0$128,819,535
93$213,299,900$2,304,384$0$141,671,761
94$234,781,704$2,142,513$0$155,829,217
95$258,445,996$1,964,055$0$171,425,021
96$284,515,118$1,767,924$0$188,605,878
97$313,234,081$1,552,972$0$207,533,464
98$344,872,878$1,317,989$0$228,385,954
99$379,729,033$1,061,692$0$251,359,709
100$418,130,409$782,729$0$276,671,126