Can I retire at age 41 with 2,000,000?

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$165,158$163,687$162,252$160,851$159,483$153,763
2 years$81,761$80,239$78,763$77,332$75,944$70,244
3 years$53,966$52,437$50,965$49,547$48,182$42,680
4 years$40,071$38,547$37,089$35,696$34,364$29,102
5 years$31,737$30,221$28,783$27,418$26,123$21,115
6 years$26,182$24,678$23,261$21,926$20,670$15,920
7 years$22,216$20,724$19,330$18,027$16,810$12,317
8 years$19,243$17,765$16,393$15,122$13,946$9,705
9 years$16,931$15,467$14,120$12,881$11,744$7,751
10 years$15,083$13,634$12,310$11,103$10,007$6,254
11 years$13,572$12,137$10,837$9,663$8,606$5,086
12 years$12,314$10,894$9,618$8,476$7,458$4,162
13 years$11,250$9,845$8,593$7,483$6,503$3,422
14 years$10,339$8,949$7,721$6,643$5,701$2,825
15 years$9,550$8,175$6,971$5,924$5,020$2,340
16 years$8,861$7,500$6,320$5,304$4,436$1,943
17 years$8,253$6,907$5,751$4,766$3,934$1,617
18 years$7,713$6,383$5,250$4,295$3,497$1,348
19 years$7,231$5,915$4,806$3,881$3,117$1,126
20 years$6,797$5,497$4,411$3,515$2,785$941
21 years$6,406$5,120$4,057$3,190$2,492$787
22 years$6,050$4,779$3,739$2,900$2,234$659
23 years$5,726$4,470$3,452$2,642$2,005$552
24 years$5,429$4,188$3,193$2,409$1,802$463
25 years$5,156$3,930$2,957$2,200$1,622$389
26 years$4,905$3,694$2,743$2,012$1,461$326
27 years$4,673$3,476$2,547$1,841$1,317$274
28 years$4,458$3,276$2,368$1,687$1,188$230
29 years$4,258$3,090$2,203$1,547$1,073$193
30 years$4,071$2,919$2,052$1,420$970$162
31 years$3,897$2,759$1,913$1,304$877$136
32 years$3,734$2,611$1,785$1,198$793$115
33 years$3,582$2,472$1,667$1,102$718$96
34 years$3,438$2,343$1,557$1,014$650$81
35 years$3,304$2,222$1,456$933$588$68
36 years$3,176$2,109$1,362$860$533$57
37 years$3,057$2,003$1,275$792$483$48
38 years$2,943$1,904$1,194$730$438$40
39 years$2,836$1,811$1,119$673$397$34
40 years$2,734$1,723$1,048$621$360$29
41 years$2,638$1,640$983$573$327$24
42 years$2,546$1,562$922$529$297$20
43 years$2,459$1,488$865$488$269$17
44 years$2,376$1,418$812$451$244$14
45 years$2,297$1,352$763$416$222$12
46 years$2,222$1,290$716$384$201$10
47 years$2,150$1,231$673$355$183$9
48 years$2,081$1,175$632$328$166$7
49 years$2,016$1,122$594$303$151$6
50 years$1,953$1,072$559$280$137$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $2,000,000, adding $6,824 every year, while hoping to spend $54,519 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: 72/9/19 Blend
40$2,000,000$2,000,000$2,000,000$2,000,000
41$2,211,039$2,105,039$2,074,039$2,359,739
42$2,378,557$2,150,178$2,085,511$2,504,647
43$2,561,335$2,195,702$2,095,541$2,656,092
44$2,760,871$2,241,571$2,104,022$2,820,566
45$2,978,816$2,287,744$2,110,843$2,999,355
46$3,216,986$2,334,174$2,115,886$3,193,871
47$3,477,380$2,380,811$2,119,031$3,405,673
48$3,762,201$2,427,599$2,120,146$3,636,478
49$4,073,873$2,474,478$2,119,098$3,888,176
50$4,415,065$2,521,385$2,115,745$4,162,853
51$4,788,717$2,568,248$2,109,938$4,462,804
52$5,198,066$2,614,992$2,101,520$4,790,561
53$5,646,677$2,661,534$2,090,329$5,148,913
54$6,138,475$2,707,787$2,076,193$5,540,933
55$6,677,787$2,753,655$2,058,932$5,970,009
56$7,269,373$2,799,037$2,038,359$6,439,872
57$7,918,480$2,843,821$2,014,275$6,954,636
58$8,630,887$2,887,889$1,986,475$7,518,835
59$9,412,958$2,931,117$1,954,742$8,137,463
60$10,271,704$2,973,366$1,918,851$8,816,029
61$11,214,849$3,014,492$1,878,563$9,560,598
62$12,250,901$3,054,340$1,833,633$10,377,860
63$13,389,233$3,092,742$1,783,799$11,275,184
64$14,640,170$3,129,521$1,728,791$12,260,693
65$16,015,087$3,164,488$1,668,326$13,343,340
66$17,526,517$3,197,438$1,602,105$14,532,990
67$19,188,266$3,228,157$1,529,820$15,840,518
68$21,015,546$3,256,414$1,451,146$17,277,908
69$23,025,116$3,281,963$1,365,744$18,858,368
70$25,235,440$3,304,542$1,273,259$20,596,455
71$27,666,864$3,323,873$1,173,322$22,508,211
72$30,341,800$3,339,659$1,065,545$24,611,318
73$33,284,948$3,351,586$949,524$26,925,262
74$36,523,517$3,359,318$824,838$29,471,521
75$40,087,490$3,362,500$691,045$32,273,763
76$44,009,904$3,360,752$547,685$35,358,076
77$48,327,160$3,353,674$394,277$38,753,209
78$53,079,365$3,340,839$230,320$42,490,846
79$58,310,714$3,321,794$55,290$46,605,910
80$64,069,904$3,296,059$0$51,136,886
81$70,410,594$3,263,126$0$56,152,847
82$77,391,909$3,222,454$0$61,687,575
83$85,079,001$3,173,471$0$67,781,488
84$93,543,659$3,115,571$0$74,491,489
85$102,864,991$3,048,112$0$81,880,284
86$113,130,164$2,970,414$0$90,016,970
87$124,435,232$2,881,756$0$98,977,691
88$136,886,041$2,781,376$0$108,846,356
89$150,599,221$2,668,468$0$119,715,429
90$165,703,297$2,542,178$0$131,686,803
91$182,339,891$2,401,603$0$144,872,762
92$200,665,065$2,245,787$0$159,397,042
93$220,850,793$2,073,722$0$175,395,995
94$243,086,578$1,884,338$0$193,019,880
95$267,581,247$1,676,509$0$212,434,281
96$294,564,917$1,449,041$0$233,821,668
97$324,291,169$1,200,674$0$257,383,123
98$357,039,438$930,077$0$283,340,235
99$393,117,653$635,843$0$311,937,192
100$432,865,143$316,488$0$343,443,089