Can I retire at age 41 with 1,930,000?

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 $1,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$159,378$157,958$156,573$155,221$153,901$149,634
2 years$78,900$77,430$76,006$74,625$73,286$69,020
3 years$52,077$50,602$49,181$47,813$46,496$42,363
4 years$38,669$37,198$35,791$34,447$33,161$29,193
5 years$30,626$29,163$27,775$26,458$25,209$21,417
6 years$25,265$23,814$22,447$21,159$19,947$16,335
7 years$21,438$19,999$18,653$17,396$16,222$12,790
8 years$18,569$17,143$15,819$14,593$13,458$10,204
9 years$16,339$14,926$13,625$12,430$11,333$8,254
10 years$14,555$13,156$11,879$10,715$9,657$6,748
11 years$13,097$11,712$10,458$9,325$8,305$5,563
12 years$11,883$10,512$9,281$8,179$7,197$4,616
13 years$10,857$9,500$8,292$7,221$6,276$3,850
14 years$9,977$8,635$7,451$6,410$5,501$3,225
15 years$9,216$7,889$6,727$5,717$4,844$2,711
16 years$8,551$7,238$6,099$5,119$4,281$2,286
17 years$7,964$6,666$5,550$4,599$3,796$1,932
18 years$7,443$6,159$5,066$4,145$3,375$1,636
19 years$6,978$5,708$4,638$3,745$3,008$1,388
20 years$6,559$5,305$4,256$3,392$2,687$1,179
21 years$6,181$4,941$3,915$3,078$2,405$1,002
22 years$5,838$4,612$3,608$2,799$2,155$853
23 years$5,525$4,314$3,332$2,549$1,935$727
24 years$5,239$4,042$3,081$2,325$1,739$620
25 years$4,976$3,793$2,854$2,123$1,565$529
26 years$4,733$3,565$2,647$1,941$1,410$451
27 years$4,509$3,355$2,458$1,777$1,271$385
28 years$4,302$3,161$2,285$1,628$1,147$329
29 years$4,108$2,982$2,126$1,493$1,035$281
30 years$3,929$2,816$1,980$1,370$936$241
31 years$3,761$2,662$1,846$1,258$846$206
32 years$3,604$2,519$1,723$1,157$765$176
33 years$3,456$2,386$1,608$1,064$692$150
34 years$3,318$2,261$1,503$979$627$129
35 years$3,188$2,145$1,405$901$568$110
36 years$3,065$2,036$1,314$830$515$94
37 years$2,950$1,933$1,230$764$466$81
38 years$2,840$1,837$1,152$705$423$69
39 years$2,737$1,747$1,079$650$383$59
40 years$2,639$1,662$1,012$599$348$51
41 years$2,546$1,582$949$553$315$43
42 years$2,457$1,507$890$510$286$37
43 years$2,373$1,436$835$471$260$32
44 years$2,293$1,369$784$435$236$27
45 years$2,217$1,305$736$402$214$23
46 years$2,144$1,245$691$371$194$20
47 years$2,075$1,188$649$343$176$17
48 years$2,008$1,134$610$317$160$15
49 years$1,945$1,083$574$293$146$12
50 years$1,884$1,035$539$271$132$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,930,000, adding $6,198 every year, while hoping to spend $21,917 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: 45/41/14 Blend
40$1,930,000$1,930,000$1,930,000$1,930,000
41$2,133,253$2,030,963$2,001,048$2,220,457
42$2,327,526$2,107,161$2,044,764$2,357,994
43$2,540,879$2,186,358$2,089,209$2,504,340
44$2,775,237$2,268,677$2,134,386$2,662,554
45$3,032,718$2,354,249$2,180,295$2,833,740
46$3,315,655$2,443,208$2,226,935$3,019,114
47$3,626,621$2,535,694$2,274,306$3,220,012
48$3,968,448$2,631,854$2,322,406$3,437,902
49$4,344,256$2,731,841$2,371,233$3,674,396
50$4,757,483$2,835,815$2,420,783$3,931,267
51$5,211,919$2,943,942$2,471,052$4,210,466
52$5,711,735$3,056,396$2,522,033$4,514,136
53$6,261,532$3,173,359$2,573,721$4,844,634
54$6,866,374$3,295,020$2,626,107$5,204,553
55$7,531,845$3,421,577$2,679,182$5,596,745
56$8,264,094$3,553,235$2,732,935$6,024,348
57$9,069,899$3,690,211$2,787,356$6,490,813
58$9,956,726$3,832,729$2,842,430$6,999,937
59$10,932,804$3,981,023$2,898,142$7,555,900
60$12,007,196$4,135,340$2,954,476$8,163,300
61$13,189,893$4,295,934$3,011,414$8,827,199
62$14,491,900$4,463,073$3,068,935$9,553,165
63$15,925,347$4,637,037$3,127,017$10,347,332
64$17,503,596$4,818,115$3,185,635$11,216,447
65$19,241,373$5,006,613$3,244,765$12,167,940
66$21,154,904$5,202,849$3,304,376$13,209,990
67$23,262,069$5,407,153$3,364,437$14,351,602
68$25,582,571$5,619,874$3,424,916$15,602,691
69$28,138,118$5,841,372$3,485,775$16,974,173
70$30,952,633$6,072,027$3,546,977$18,478,069
71$34,052,479$6,312,234$3,608,478$20,127,615
72$37,466,704$6,562,405$3,670,233$21,937,388
73$41,227,316$6,822,972$3,732,195$23,923,440
74$45,369,590$7,094,385$3,794,311$26,103,449
75$49,932,395$7,377,116$3,856,527$28,496,886
76$54,958,561$7,671,657$3,918,782$31,125,193
77$60,495,287$7,978,521$3,981,015$34,011,988
78$66,594,585$8,298,247$4,043,157$37,183,286
79$73,313,767$8,631,396$4,105,138$40,667,739
80$80,715,992$8,978,555$4,166,881$44,496,909
81$88,870,857$9,340,338$4,228,305$48,705,562
82$97,855,056$9,717,386$4,289,324$53,331,994
83$107,753,104$10,110,370$4,349,848$58,418,391
84$118,658,132$10,519,990$4,409,780$64,011,225
85$130,672,771$10,946,979$4,469,017$70,161,690
86$143,910,116$11,392,103$4,527,452$76,926,184
87$158,494,794$11,856,162$4,584,968$84,366,839
88$174,564,144$12,339,995$4,641,445$92,552,103
89$192,269,509$12,844,477$4,696,756$101,557,385
90$211,777,665$13,370,522$4,750,763$111,465,764
91$233,272,398$13,919,089$4,803,325$122,368,770
92$256,956,236$14,491,178$4,854,290$134,367,246
93$283,052,362$15,087,836$4,903,499$147,572,297
94$311,806,721$15,710,158$4,950,784$162,106,332
95$343,490,339$16,359,288$4,995,968$178,104,221
96$378,401,886$17,036,425$5,038,865$195,714,562
97$416,870,489$17,742,821$5,079,278$215,101,081
98$459,258,846$18,479,787$5,117,000$236,444,172
99$505,966,644$19,248,691$5,151,815$259,942,600
100$557,434,334$20,050,969$5,183,493$285,815,367