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%17.3%
1 years$164,332$162,869$161,440$160,046$158,685$153,976
2 years$81,353$79,838$78,369$76,945$75,564$70,859
3 years$53,696$52,175$50,710$49,300$47,941$43,387
4 years$39,871$38,354$36,904$35,518$34,192$29,824
5 years$31,578$30,070$28,639$27,281$25,992$21,822
6 years$26,051$24,554$23,145$21,817$20,567$16,598
7 years$22,105$20,621$19,233$17,937$16,726$12,959
8 years$19,146$17,676$16,311$15,047$13,876$10,308
9 years$16,847$15,390$14,049$12,816$11,686$8,313
10 years$15,008$13,565$12,248$11,048$9,957$6,775
11 years$13,504$12,077$10,783$9,615$8,563$5,567
12 years$12,253$10,839$9,570$8,434$7,421$4,604
13 years$11,194$9,796$8,550$7,446$6,471$3,828
14 years$10,288$8,904$7,682$6,609$5,672$3,195
15 years$9,503$8,134$6,936$5,894$4,994$2,677
16 years$8,816$7,463$6,288$5,278$4,414$2,249
17 years$8,212$6,873$5,722$4,742$3,914$1,893
18 years$7,675$6,351$5,224$4,274$3,480$1,597
19 years$7,195$5,886$4,782$3,862$3,102$1,350
20 years$6,763$5,469$4,389$3,497$2,771$1,142
21 years$6,374$5,095$4,037$3,174$2,479$968
22 years$6,020$4,756$3,720$2,886$2,222$821
23 years$5,697$4,448$3,435$2,628$1,995$696
24 years$5,402$4,167$3,177$2,397$1,793$591
25 years$5,131$3,911$2,943$2,189$1,614$503
26 years$4,881$3,676$2,729$2,002$1,453$427
27 years$4,649$3,459$2,534$1,832$1,310$363
28 years$4,435$3,259$2,356$1,679$1,182$309
29 years$4,236$3,075$2,192$1,539$1,068$263
30 years$4,051$2,904$2,042$1,413$965$224
31 years$3,878$2,745$1,904$1,298$872$191
32 years$3,716$2,598$1,776$1,192$789$162
33 years$3,564$2,460$1,658$1,097$714$138
34 years$3,421$2,331$1,550$1,009$646$118
35 years$3,287$2,211$1,449$929$586$100
36 years$3,161$2,099$1,355$855$530$86
37 years$3,041$1,993$1,269$788$481$73
38 years$2,928$1,894$1,188$726$436$62
39 years$2,822$1,801$1,113$670$395$53
40 years$2,721$1,714$1,043$618$359$45
41 years$2,625$1,632$978$570$325$38
42 years$2,534$1,554$918$526$295$33
43 years$2,447$1,480$861$486$268$28
44 years$2,364$1,411$808$448$243$24
45 years$2,286$1,346$759$414$221$20
46 years$2,211$1,284$713$382$200$17
47 years$2,139$1,225$670$353$182$15
48 years$2,071$1,170$629$327$165$13
49 years$2,006$1,117$591$302$150$11
50 years$1,943$1,067$556$279$136$9

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 $2,347 every year, while hoping to spend $52,834 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: 70/22/8 Blend
40$1,990,000$1,990,000$1,990,000$1,990,000
41$2,195,401$2,089,931$2,059,086$2,345,886
42$2,363,117$2,136,123$2,071,850$2,491,954
43$2,546,169$2,182,807$2,083,272$2,645,029
44$2,746,066$2,229,952$2,093,249$2,811,089
45$2,964,468$2,277,523$2,101,676$2,991,400
46$3,203,204$2,325,482$2,108,443$3,187,353
47$3,464,287$2,373,786$2,113,431$3,400,482
48$3,749,932$2,422,390$2,116,519$3,632,476
49$4,062,579$2,471,242$2,117,577$3,885,195
50$4,404,917$2,520,287$2,116,470$4,160,689
51$4,779,904$2,569,466$2,113,057$4,461,213
52$5,190,799$2,618,715$2,107,189$4,789,256
53$5,641,190$2,667,961$2,098,710$5,147,557
54$6,135,030$2,717,130$2,087,455$5,539,134
55$6,676,673$2,766,139$2,073,255$5,967,311
56$7,270,913$2,814,900$2,055,929$6,435,753
57$7,923,033$2,863,316$2,035,288$6,948,497
58$8,638,848$2,911,285$2,011,137$7,509,990
59$9,424,769$2,958,696$1,983,268$8,125,133
60$10,287,853$3,005,430$1,951,465$8,799,327
61$11,235,877$3,051,359$1,915,503$9,538,521
62$12,277,408$3,096,347$1,875,143$10,349,274
63$13,421,881$3,140,246$1,830,139$11,238,811
64$14,679,695$3,182,900$1,780,230$12,215,094
65$16,062,303$3,224,141$1,725,147$13,286,898
66$17,582,323$3,263,789$1,664,604$14,463,892
67$19,253,657$3,301,652$1,598,305$15,756,732
68$21,091,622$3,337,525$1,525,941$17,177,161
69$23,113,094$3,371,190$1,447,186$18,738,119
70$25,336,665$3,402,414$1,361,702$20,453,866
71$27,782,820$3,430,947$1,269,135$22,340,120
72$30,474,131$3,456,526$1,169,113$24,414,200
73$33,435,465$3,478,869$1,061,251$26,695,192
74$36,694,223$3,497,675$945,145$29,204,131
75$40,280,598$3,512,625$820,371$31,964,200
76$44,227,855$3,523,380$686,490$35,000,945
77$48,572,650$3,529,578$543,040$38,342,522
78$53,355,371$3,530,838$389,543$42,019,957
79$58,620,520$3,526,751$225,494$46,067,445
80$64,417,137$3,516,885$50,372$50,522,673
81$70,799,254$3,500,782$0$55,427,170
82$77,826,411$3,477,954$0$60,838,360
83$85,564,216$3,447,885$0$66,800,376
84$94,084,962$3,410,027$0$73,364,557
85$103,468,310$3,363,799$0$80,592,217
86$113,802,039$3,308,587$0$88,550,928
87$125,182,877$3,243,738$0$97,315,156
88$137,717,412$3,168,563$0$106,966,963
89$151,523,094$3,082,329$0$117,596,781
90$166,729,349$2,984,262$0$129,304,271
91$183,478,795$2,873,543$0$142,199,259
92$201,928,591$2,749,305$0$156,402,778
93$222,251,917$2,610,631$0$172,048,206
94$244,639,611$2,456,550$0$189,282,533
95$269,301,966$2,286,036$0$208,267,742
96$296,470,719$2,098,004$0$229,182,344
97$326,401,233$1,891,307$0$252,223,062
98$359,374,910$1,664,733$0$277,606,689
99$395,701,846$1,417,000$0$305,572,137
100$435,723,756$1,146,755$0$336,382,694