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%19.6%
1 years$158,552$157,140$155,762$154,417$153,103$147,203
2 years$78,491$77,029$75,612$74,239$72,906$67,032
3 years$51,808$50,339$48,926$47,566$46,255$40,592
4 years$38,468$37,005$35,606$34,268$32,989$27,581
5 years$30,467$29,012$27,632$26,321$25,078$19,937
6 years$25,135$23,691$22,330$21,049$19,843$14,974
7 years$21,327$19,895$18,557$17,306$16,138$11,539
8 years$18,473$17,054$15,738$14,517$13,388$9,054
9 years$16,254$14,849$13,555$12,366$11,275$7,200
10 years$14,480$13,088$11,817$10,659$9,607$5,784
11 years$13,029$11,652$10,404$9,277$8,262$4,682
12 years$11,822$10,458$9,233$8,137$7,160$3,813
13 years$10,800$9,451$8,249$7,184$6,243$3,121
14 years$9,926$8,591$7,412$6,377$5,473$2,564
15 years$9,168$7,848$6,692$5,687$4,819$2,113
16 years$8,506$7,200$6,067$5,092$4,259$1,746
17 years$7,923$6,631$5,521$4,575$3,776$1,445
18 years$7,405$6,127$5,040$4,123$3,358$1,199
19 years$6,942$5,679$4,614$3,726$2,993$995
20 years$6,525$5,277$4,234$3,374$2,673$828
21 years$6,149$4,915$3,895$3,062$2,392$689
22 years$5,808$4,588$3,590$2,784$2,144$574
23 years$5,497$4,291$3,314$2,536$1,925$478
24 years$5,212$4,021$3,065$2,313$1,730$399
25 years$4,950$3,773$2,839$2,112$1,557$333
26 years$4,709$3,546$2,633$1,931$1,402$278
27 years$4,486$3,337$2,445$1,768$1,264$232
28 years$4,279$3,145$2,273$1,620$1,141$193
29 years$4,087$2,967$2,115$1,485$1,030$162
30 years$3,908$2,802$1,970$1,363$931$135
31 years$3,741$2,649$1,837$1,252$841$113
32 years$3,585$2,506$1,714$1,151$761$94
33 years$3,438$2,373$1,600$1,058$689$79
34 years$3,301$2,249$1,495$973$624$66
35 years$3,171$2,134$1,398$896$565$55
36 years$3,049$2,025$1,308$825$512$46
37 years$2,934$1,923$1,224$760$464$38
38 years$2,825$1,828$1,146$701$421$32
39 years$2,723$1,738$1,074$646$381$27
40 years$2,625$1,654$1,006$596$346$22
41 years$2,532$1,574$944$550$314$19
42 years$2,444$1,499$885$508$285$16
43 years$2,361$1,428$831$469$258$13
44 years$2,281$1,362$780$433$235$11
45 years$2,205$1,298$732$400$213$9
46 years$2,133$1,239$688$369$193$8
47 years$2,064$1,182$646$341$176$6
48 years$1,998$1,128$607$315$159$5
49 years$1,935$1,078$571$291$145$4
50 years$1,875$1,029$536$269$132$4

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 $6,873 every year, while hoping to spend $41,502 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: 56/19/25 Blend
40$1,920,000$1,920,000$1,920,000$1,920,000
41$2,122,929$2,021,169$1,991,409$2,226,942
42$2,295,311$2,076,049$2,013,964$2,353,920
43$2,483,883$2,132,227$2,035,883$2,487,257
44$2,690,256$2,189,722$2,057,101$2,631,662
45$2,916,198$2,248,555$2,077,551$2,788,216
46$3,163,661$2,308,744$2,097,159$2,958,107
47$3,434,789$2,370,308$2,115,849$3,142,643
48$3,731,949$2,433,264$2,133,540$3,343,266
49$4,057,743$2,497,629$2,150,149$3,561,566
50$4,415,040$2,563,420$2,165,587$3,799,291
51$4,806,998$2,630,652$2,179,758$4,058,372
52$5,237,098$2,699,340$2,192,566$4,340,932
53$5,709,171$2,769,496$2,203,906$4,649,312
54$6,227,438$2,841,134$2,213,669$4,986,092
55$6,796,551$2,914,264$2,221,741$5,354,116
56$7,421,632$2,988,895$2,228,002$5,756,514
57$8,108,324$3,065,037$2,232,325$6,196,738
58$8,862,843$3,142,694$2,234,579$6,678,593
59$9,692,039$3,221,871$2,234,623$7,206,270
60$10,603,456$3,302,572$2,232,312$7,784,387
61$11,605,407$3,384,796$2,227,492$8,418,036
62$12,707,049$3,468,542$2,220,004$9,112,825
63$13,918,473$3,553,805$2,209,679$9,874,938
64$15,250,793$3,640,578$2,196,339$10,711,187
65$16,716,258$3,728,851$2,179,801$11,629,082
66$18,328,363$3,818,610$2,159,870$12,636,896
67$20,101,973$3,909,840$2,136,344$13,743,750
68$22,053,472$4,002,519$2,109,009$14,959,694
69$24,200,908$4,096,625$2,077,642$16,295,805
70$26,564,169$4,192,128$2,042,012$17,764,290
71$29,165,168$4,288,996$2,001,873$19,378,602
72$32,028,050$4,387,191$1,956,970$21,153,569
73$35,179,418$4,486,671$1,907,036$23,105,531
74$38,648,589$4,587,387$1,851,791$25,252,497
75$42,467,862$4,689,286$1,790,943$27,614,316
76$46,672,830$4,792,307$1,724,186$30,212,860
77$51,302,712$4,896,384$1,651,199$33,072,237
78$56,400,723$5,001,441$1,571,649$36,219,015
79$62,014,483$5,107,399$1,485,186$39,682,475
80$68,196,465$5,214,166$1,391,444$43,494,886
81$75,004,489$5,321,644$1,290,042$47,691,814
82$82,502,269$5,429,727$1,180,581$52,312,452
83$90,760,013$5,538,296$1,062,643$57,399,998
84$99,855,085$5,647,224$935,793$63,002,056
85$109,872,739$5,756,372$799,576$69,171,092
86$120,906,914$5,865,591$653,518$75,964,928
87$133,061,131$5,974,716$497,123$83,447,287
88$146,449,462$6,083,573$329,872$91,688,397
89$161,197,610$6,191,971$151,225$100,765,654
90$177,444,093$6,299,704$0$110,764,355
91$195,341,554$6,406,553$0$121,789,019
92$215,058,198$6,512,280$0$133,976,460
93$236,779,382$6,616,629$0$147,400,630
94$260,709,362$6,719,327$0$162,187,526
95$287,073,221$6,820,079$0$178,475,991
96$316,118,997$6,918,570$0$196,419,030
97$348,120,018$7,014,463$0$216,185,249
98$383,377,485$7,107,396$0$237,960,454
99$422,223,314$7,196,984$0$261,949,397
100$465,023,269$7,282,814$0$288,377,717