Can I retire at age 41 with 1,990,000?

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 $1,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$164,332$162,869$161,440$160,046$158,685$152,812
2 years$81,353$79,838$78,369$76,945$75,564$69,714
3 years$53,696$52,175$50,710$49,300$47,941$42,297
4 years$39,871$38,354$36,904$35,518$34,192$28,797
5 years$31,578$30,070$28,639$27,281$25,992$20,861
6 years$26,051$24,554$23,145$21,817$20,567$15,702
7 years$22,105$20,621$19,233$17,937$16,726$12,128
8 years$19,146$17,676$16,311$15,047$13,876$9,539
9 years$16,847$15,390$14,049$12,816$11,686$7,604
10 years$15,008$13,565$12,248$11,048$9,957$6,124
11 years$13,504$12,077$10,783$9,615$8,563$4,970
12 years$12,253$10,839$9,570$8,434$7,421$4,059
13 years$11,194$9,796$8,550$7,446$6,471$3,331
14 years$10,288$8,904$7,682$6,609$5,672$2,744
15 years$9,503$8,134$6,936$5,894$4,994$2,268
16 years$8,816$7,463$6,288$5,278$4,414$1,879
17 years$8,212$6,873$5,722$4,742$3,914$1,561
18 years$7,675$6,351$5,224$4,274$3,480$1,298
19 years$7,195$5,886$4,782$3,862$3,102$1,081
20 years$6,763$5,469$4,389$3,497$2,771$902
21 years$6,374$5,095$4,037$3,174$2,479$753
22 years$6,020$4,756$3,720$2,886$2,222$629
23 years$5,697$4,448$3,435$2,628$1,995$526
24 years$5,402$4,167$3,177$2,397$1,793$440
25 years$5,131$3,911$2,943$2,189$1,614$368
26 years$4,881$3,676$2,729$2,002$1,453$308
27 years$4,649$3,459$2,534$1,832$1,310$258
28 years$4,435$3,259$2,356$1,679$1,182$216
29 years$4,236$3,075$2,192$1,539$1,068$181
30 years$4,051$2,904$2,042$1,413$965$152
31 years$3,878$2,745$1,904$1,298$872$127
32 years$3,716$2,598$1,776$1,192$789$107
33 years$3,564$2,460$1,658$1,097$714$89
34 years$3,421$2,331$1,550$1,009$646$75
35 years$3,287$2,211$1,449$929$586$63
36 years$3,161$2,099$1,355$855$530$53
37 years$3,041$1,993$1,269$788$481$44
38 years$2,928$1,894$1,188$726$436$37
39 years$2,822$1,801$1,113$670$395$31
40 years$2,721$1,714$1,043$618$359$26
41 years$2,625$1,632$978$570$325$22
42 years$2,534$1,554$918$526$295$18
43 years$2,447$1,480$861$486$268$15
44 years$2,364$1,411$808$448$243$13
45 years$2,286$1,346$759$414$221$11
46 years$2,211$1,284$713$382$200$9
47 years$2,139$1,225$670$353$182$8
48 years$2,071$1,170$629$327$165$6
49 years$2,006$1,117$591$302$150$5
50 years$1,943$1,067$556$279$136$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,990,000, adding $4,546 every year, while hoping to spend $52,714 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: 61/26/13 Blend
40$1,990,000$1,990,000$1,990,000$1,990,000
41$2,197,669$2,092,199$2,061,354$2,324,525
42$2,365,744$2,138,630$2,074,322$2,456,735
43$2,549,196$2,185,568$2,085,958$2,594,560
44$2,749,538$2,232,985$2,096,161$2,743,681
45$2,968,434$2,280,845$2,104,826$2,905,195
46$3,207,719$2,329,111$2,111,843$3,080,308
47$3,469,411$2,377,742$2,117,094$3,270,350
48$3,755,733$2,426,693$2,120,458$3,476,787
49$4,069,131$2,475,914$2,121,807$3,701,235
50$4,412,300$2,525,353$2,121,006$3,945,470
51$4,788,209$2,574,949$2,117,914$4,211,455
52$5,200,125$2,624,640$2,112,382$4,501,347
53$5,651,647$2,674,356$2,104,256$4,817,529
54$6,146,739$2,724,024$2,093,373$5,162,621
55$6,689,767$2,773,562$2,079,562$5,539,514
56$7,285,540$2,822,883$2,062,644$5,951,393
57$7,939,355$2,871,894$2,042,432$6,401,768
58$8,657,045$2,920,493$2,018,730$6,894,508
59$9,445,038$2,968,571$1,991,331$7,433,874
60$10,310,413$3,016,012$1,960,022$8,024,566
61$11,260,968$3,062,690$1,924,576$8,671,762
62$12,305,296$3,108,471$1,884,758$9,381,169
63$13,452,859$3,153,209$1,840,320$10,159,076
64$14,714,085$3,196,751$1,791,006$11,012,416
65$16,100,461$3,238,931$1,736,544$11,948,830
66$17,624,642$3,279,572$1,676,651$12,976,738
67$19,300,570$3,318,486$1,611,034$14,105,423
68$21,143,607$3,355,470$1,539,382$15,345,113
69$23,170,676$3,390,309$1,461,372$16,707,085
70$25,400,424$3,422,774$1,376,668$18,203,764
71$27,853,397$3,452,619$1,284,916$19,848,848
72$30,552,230$3,479,584$1,185,747$21,657,432
73$33,521,864$3,503,390$1,078,776$23,646,156
74$36,789,779$3,523,742$963,600$25,833,357
75$40,386,256$3,540,324$839,800$28,239,248
76$44,344,657$3,552,803$706,936$30,886,107
77$48,701,743$3,560,822$564,550$33,798,486
78$53,498,022$3,564,002$412,163$37,003,449
79$58,778,124$3,561,943$249,275$40,530,821
80$64,591,231$3,554,216$75,364$44,413,476
81$70,991,534$3,540,370$0$48,687,646
82$78,038,745$3,519,923$0$53,408,555
83$85,798,664$3,492,366$0$58,617,076
84$94,343,793$3,457,157$0$64,351,333
85$103,754,025$3,413,723$0$70,664,875
86$114,117,397$3,361,457$0$77,616,717
87$125,530,918$3,299,715$0$85,271,894
88$138,101,484$3,227,814$0$93,702,077
89$151,946,891$3,145,031$0$102,986,253
90$167,196,938$3,050,603$0$113,211,468
91$183,994,662$2,943,718$0$124,473,651
92$202,497,678$2,823,521$0$136,878,522
93$222,879,672$2,689,105$0$150,542,587
94$245,332,038$2,539,509$0$165,594,242
95$270,065,681$2,373,721$0$182,174,987
96$297,313,014$2,190,667$0$200,440,760
97$327,330,145$1,989,213$0$220,563,412
98$360,399,297$1,768,161$0$242,732,332
99$396,831,468$1,526,244$0$267,156,233
100$436,969,371$1,262,124$0$294,065,129