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

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 $1,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$159,378$157,958$156,573$155,221$153,901$147,795
2 years$78,900$77,430$76,006$74,625$73,286$67,210
3 years$52,077$50,602$49,181$47,813$46,496$40,641
4 years$38,669$37,198$35,791$34,447$33,161$27,572
5 years$30,626$29,163$27,775$26,458$25,209$19,900
6 years$25,265$23,814$22,447$21,159$19,947$14,921
7 years$21,438$19,999$18,653$17,396$16,222$11,478
8 years$18,569$17,143$15,819$14,593$13,458$8,991
9 years$16,339$14,926$13,625$12,430$11,333$7,137
10 years$14,555$13,156$11,879$10,715$9,657$5,722
11 years$13,097$11,712$10,458$9,325$8,305$4,623
12 years$11,883$10,512$9,281$8,179$7,197$3,757
13 years$10,857$9,500$8,292$7,221$6,276$3,069
14 years$9,977$8,635$7,451$6,410$5,501$2,516
15 years$9,216$7,889$6,727$5,717$4,844$2,069
16 years$8,551$7,238$6,099$5,119$4,281$1,706
17 years$7,964$6,666$5,550$4,599$3,796$1,409
18 years$7,443$6,159$5,066$4,145$3,375$1,166
19 years$6,978$5,708$4,638$3,745$3,008$966
20 years$6,559$5,305$4,256$3,392$2,687$801
21 years$6,181$4,941$3,915$3,078$2,405$665
22 years$5,838$4,612$3,608$2,799$2,155$553
23 years$5,525$4,314$3,332$2,549$1,935$460
24 years$5,239$4,042$3,081$2,325$1,739$382
25 years$4,976$3,793$2,854$2,123$1,565$318
26 years$4,733$3,565$2,647$1,941$1,410$265
27 years$4,509$3,355$2,458$1,777$1,271$221
28 years$4,302$3,161$2,285$1,628$1,147$184
29 years$4,108$2,982$2,126$1,493$1,035$153
30 years$3,929$2,816$1,980$1,370$936$128
31 years$3,761$2,662$1,846$1,258$846$106
32 years$3,604$2,519$1,723$1,157$765$89
33 years$3,456$2,386$1,608$1,064$692$74
34 years$3,318$2,261$1,503$979$627$62
35 years$3,188$2,145$1,405$901$568$51
36 years$3,065$2,036$1,314$830$515$43
37 years$2,950$1,933$1,230$764$466$36
38 years$2,840$1,837$1,152$705$423$30
39 years$2,737$1,747$1,079$650$383$25
40 years$2,639$1,662$1,012$599$348$21
41 years$2,546$1,582$949$553$315$17
42 years$2,457$1,507$890$510$286$14
43 years$2,373$1,436$835$471$260$12
44 years$2,293$1,369$784$435$236$10
45 years$2,217$1,305$736$402$214$8
46 years$2,144$1,245$691$371$194$7
47 years$2,075$1,188$649$343$176$6
48 years$2,008$1,134$610$317$160$5
49 years$1,945$1,083$574$293$146$4
50 years$1,884$1,035$539$271$132$3

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 $3,305 every year, while hoping to spend $20,155 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: 33/48/19 Blend
40$1,930,000$1,930,000$1,930,000$1,930,000
41$2,130,269$2,027,979$1,998,064$2,187,955
42$2,326,112$2,105,905$2,043,554$2,308,925
43$2,541,255$2,186,974$2,089,893$2,437,126
44$2,777,646$2,271,319$2,137,088$2,574,872
45$3,037,430$2,359,078$2,185,144$2,723,016
46$3,322,971$2,450,396$2,234,069$2,882,490
47$3,636,872$2,545,423$2,283,869$3,054,319
48$3,982,002$2,644,318$2,334,548$3,239,627
49$4,361,522$2,747,245$2,386,111$3,439,646
50$4,778,913$2,854,377$2,438,562$3,655,730
51$5,238,013$2,965,892$2,491,904$3,889,366
52$5,743,048$3,081,978$2,546,140$4,142,185
53$6,298,675$3,202,831$2,601,273$4,415,981
54$6,910,026$3,328,656$2,657,301$4,712,723
55$7,582,755$3,459,666$2,714,227$5,034,575
56$8,323,091$3,596,085$2,772,049$5,383,913
57$9,137,899$3,738,146$2,830,765$5,763,353
58$10,034,742$3,886,092$2,890,373$6,175,765
59$11,021,953$4,040,178$2,950,867$6,624,309
60$12,108,714$4,200,669$3,012,244$7,112,457
61$13,305,146$4,367,844$3,074,497$7,644,026
62$14,622,395$4,541,993$3,137,617$8,223,216
63$16,072,748$4,723,419$3,201,595$8,854,646
64$17,669,741$4,912,440$3,266,422$9,543,396
65$19,428,291$5,109,385$3,332,083$10,295,055
66$21,364,834$5,314,603$3,398,566$11,115,772
67$23,497,483$5,528,454$3,465,853$12,012,313
68$25,846,195$5,751,318$3,533,929$12,992,123
69$28,432,963$5,983,588$3,602,771$14,063,394
70$31,282,021$6,225,680$3,672,359$15,235,144
71$34,420,073$6,478,024$3,742,669$16,517,297
72$37,876,545$6,741,072$3,813,674$17,920,776
73$41,683,865$7,015,297$3,885,344$19,457,606
74$45,877,765$7,301,192$3,957,649$21,141,024
75$50,497,620$7,599,273$4,030,553$22,985,602
76$55,586,821$7,910,081$4,104,020$25,007,385
77$61,193,180$8,234,179$4,178,009$27,224,036
78$67,369,389$8,572,158$4,252,476$29,655,005
79$74,173,508$8,924,635$4,327,375$32,321,708
80$81,669,519$9,292,255$4,402,655$35,247,729
81$89,927,927$9,675,693$4,478,262$38,459,037
82$99,026,429$10,075,656$4,554,137$41,984,230
83$109,050,643$10,492,881$4,630,219$45,854,805
84$120,094,917$10,928,141$4,706,440$50,105,448
85$132,263,223$11,382,243$4,782,729$54,774,362
86$145,670,132$11,856,034$4,859,011$59,903,624
87$160,441,901$12,350,396$4,935,204$65,539,576
88$176,717,664$12,866,254$5,011,222$71,733,266
89$194,650,741$13,404,576$5,086,974$78,540,918
90$214,410,090$13,966,373$5,162,361$86,024,467
91$236,181,900$14,552,706$5,237,280$94,252,135
92$260,171,346$15,164,681$5,311,622$103,299,073
93$286,604,531$15,803,458$5,385,269$113,248,067
94$315,730,616$16,470,250$5,458,098$124,190,311
95$347,824,172$17,166,326$5,529,978$136,226,273
96$383,187,776$17,893,015$5,600,770$149,466,626
97$422,154,863$18,651,705$5,670,329$164,033,301
98$465,092,872$19,443,853$5,738,499$180,060,622
99$512,406,723$20,270,979$5,805,116$197,696,576
100$564,542,629$21,134,677$5,870,008$217,104,203