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%19.6%
1 years$159,378$157,958$156,573$155,221$153,901$147,970
2 years$78,900$77,430$76,006$74,625$73,286$67,382
3 years$52,077$50,602$49,181$47,813$46,496$40,803
4 years$38,669$37,198$35,791$34,447$33,161$27,724
5 years$30,626$29,163$27,775$26,458$25,209$20,041
6 years$25,265$23,814$22,447$21,159$19,947$15,052
7 years$21,438$19,999$18,653$17,396$16,222$11,599
8 years$18,569$17,143$15,819$14,593$13,458$9,102
9 years$16,339$14,926$13,625$12,430$11,333$7,238
10 years$14,555$13,156$11,879$10,715$9,657$5,814
11 years$13,097$11,712$10,458$9,325$8,305$4,707
12 years$11,883$10,512$9,281$8,179$7,197$3,833
13 years$10,857$9,500$8,292$7,221$6,276$3,137
14 years$9,977$8,635$7,451$6,410$5,501$2,577
15 years$9,216$7,889$6,727$5,717$4,844$2,124
16 years$8,551$7,238$6,099$5,119$4,281$1,755
17 years$7,964$6,666$5,550$4,599$3,796$1,453
18 years$7,443$6,159$5,066$4,145$3,375$1,205
19 years$6,978$5,708$4,638$3,745$3,008$1,001
20 years$6,559$5,305$4,256$3,392$2,687$832
21 years$6,181$4,941$3,915$3,078$2,405$692
22 years$5,838$4,612$3,608$2,799$2,155$577
23 years$5,525$4,314$3,332$2,549$1,935$481
24 years$5,239$4,042$3,081$2,325$1,739$401
25 years$4,976$3,793$2,854$2,123$1,565$334
26 years$4,733$3,565$2,647$1,941$1,410$279
27 years$4,509$3,355$2,458$1,777$1,271$233
28 years$4,302$3,161$2,285$1,628$1,147$194
29 years$4,108$2,982$2,126$1,493$1,035$162
30 years$3,929$2,816$1,980$1,370$936$136
31 years$3,761$2,662$1,846$1,258$846$113
32 years$3,604$2,519$1,723$1,157$765$95
33 years$3,456$2,386$1,608$1,064$692$79
34 years$3,318$2,261$1,503$979$627$66
35 years$3,188$2,145$1,405$901$568$55
36 years$3,065$2,036$1,314$830$515$46
37 years$2,950$1,933$1,230$764$466$39
38 years$2,840$1,837$1,152$705$423$32
39 years$2,737$1,747$1,079$650$383$27
40 years$2,639$1,662$1,012$599$348$23
41 years$2,546$1,582$949$553$315$19
42 years$2,457$1,507$890$510$286$16
43 years$2,373$1,436$835$471$260$13
44 years$2,293$1,369$784$435$236$11
45 years$2,217$1,305$736$402$214$9
46 years$2,144$1,245$691$371$194$8
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$5
50 years$1,884$1,035$539$271$132$4

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 $2,793 every year, while hoping to spend $54,192 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: 53/41/6 Blend
40$1,930,000$1,930,000$1,930,000$1,930,000
41$2,129,741$2,027,451$1,997,536$2,239,531
42$2,289,315$2,069,136$2,006,794$2,355,845
43$2,463,349$2,111,048$2,014,545$2,476,136
44$2,653,261$2,153,139$2,020,683$2,605,682
45$2,860,611$2,195,361$2,025,093$2,745,367
46$3,087,118$2,237,658$2,027,658$2,896,163
47$3,334,672$2,279,972$2,028,253$3,059,142
48$3,605,356$2,322,238$2,026,747$3,235,483
49$3,901,462$2,364,387$2,023,003$3,426,489
50$4,225,514$2,406,345$2,016,876$3,633,593
51$4,580,291$2,448,031$2,008,217$3,858,373
52$4,968,855$2,489,358$1,996,866$4,102,571
53$5,394,575$2,530,234$1,982,658$4,368,106
54$5,861,165$2,570,558$1,965,420$4,657,090
55$6,372,711$2,610,223$1,944,969$4,971,856
56$6,933,717$2,649,113$1,921,114$5,314,971
57$7,549,141$2,687,105$1,893,657$5,689,267
58$8,224,447$2,724,066$1,862,388$6,097,863
59$8,965,650$2,759,855$1,827,088$6,544,201
60$9,779,379$2,794,321$1,787,528$7,032,073
61$10,672,934$2,827,301$1,743,468$7,565,656
62$11,654,358$2,858,623$1,694,659$8,149,561
63$12,732,509$2,888,103$1,640,837$8,788,864
64$13,917,148$2,915,543$1,581,728$9,489,167
65$15,219,028$2,940,735$1,517,046$10,256,640
66$16,649,992$2,963,454$1,446,490$11,098,087
67$18,223,091$2,983,463$1,369,748$12,021,009
68$19,952,702$3,000,509$1,286,491$13,033,675
69$21,854,666$3,014,322$1,196,376$14,145,199
70$23,946,434$3,024,616$1,099,047$15,365,628
71$26,247,234$3,031,086$994,128$16,706,039
72$28,778,250$3,033,408$881,231$18,178,643
73$31,562,826$3,031,238$759,945$19,796,899
74$34,626,677$3,024,212$629,847$21,575,644
75$37,998,141$3,011,942$490,490$23,531,236
76$41,708,440$2,994,016$341,410$25,681,704
77$45,791,976$2,969,997$182,122$28,046,924
78$50,286,655$2,939,425$12,121$30,648,805
79$55,234,244$2,901,806$0$33,511,498
80$60,680,765$2,856,623$0$36,672,464
81$66,676,929$2,803,324$0$40,151,743
82$73,278,614$2,741,324$0$43,980,944
83$80,547,390$2,670,007$0$48,195,762
84$88,551,104$2,588,717$0$52,835,541
85$97,364,515$2,496,763$0$57,943,647
86$107,070,001$2,393,410$0$63,567,880
87$117,758,338$2,277,884$0$69,760,924
88$129,529,552$2,149,364$0$76,580,848
89$142,493,866$2,006,982$0$84,091,655
90$156,772,736$1,849,820$0$92,363,889
91$172,500,004$1,676,910$0$101,475,304
92$189,823,150$1,487,225$0$111,511,596
93$208,904,695$1,279,681$0$122,567,222
94$229,923,723$1,053,136$0$134,746,286
95$253,077,581$806,378$0$148,163,529
96$278,583,735$538,130$0$162,945,415
97$306,681,821$247,044$0$179,231,328
98$337,635,913$0$0$197,174,887
99$371,737,007$0$0$216,976,225
100$409,305,773$0$0$238,914,212