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

Use the below retirement simulation to view the chances of a successful retirement.
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%20%
1 years$165,158$163,687$162,252$160,851$159,483$153,095
2 years$81,761$80,239$78,763$77,332$75,944$69,589
3 years$53,966$52,437$50,965$49,547$48,182$42,059
4 years$40,071$38,547$37,089$35,696$34,364$28,520
5 years$31,737$30,221$28,783$27,418$26,123$20,573
6 years$26,182$24,678$23,261$21,926$20,670$15,418
7 years$22,216$20,724$19,330$18,027$16,810$11,853
8 years$19,243$17,765$16,393$15,122$13,946$9,279
9 years$16,931$15,467$14,120$12,881$11,744$7,361
10 years$15,083$13,634$12,310$11,103$10,007$5,898
11 years$13,572$12,137$10,837$9,663$8,606$4,762
12 years$12,314$10,894$9,618$8,476$7,458$3,868
13 years$11,250$9,845$8,593$7,483$6,503$3,157
14 years$10,339$8,949$7,721$6,643$5,701$2,586
15 years$9,550$8,175$6,971$5,924$5,020$2,125
16 years$8,861$7,500$6,320$5,304$4,436$1,751
17 years$8,253$6,907$5,751$4,766$3,934$1,445
18 years$7,713$6,383$5,250$4,295$3,497$1,195
19 years$7,231$5,915$4,806$3,881$3,117$989
20 years$6,797$5,497$4,411$3,515$2,785$820
21 years$6,406$5,120$4,057$3,190$2,492$680
22 years$6,050$4,779$3,739$2,900$2,234$565
23 years$5,726$4,470$3,452$2,642$2,005$469
24 years$5,429$4,188$3,193$2,409$1,802$390
25 years$5,156$3,930$2,957$2,200$1,622$324
26 years$4,905$3,694$2,743$2,012$1,461$270
27 years$4,673$3,476$2,547$1,841$1,317$225
28 years$4,458$3,276$2,368$1,687$1,188$187
29 years$4,258$3,090$2,203$1,547$1,073$156
30 years$4,071$2,919$2,052$1,420$970$130
31 years$3,897$2,759$1,913$1,304$877$108
32 years$3,734$2,611$1,785$1,198$793$90
33 years$3,582$2,472$1,667$1,102$718$75
34 years$3,438$2,343$1,557$1,014$650$62
35 years$3,304$2,222$1,456$933$588$52
36 years$3,176$2,109$1,362$860$533$43
37 years$3,057$2,003$1,275$792$483$36
38 years$2,943$1,904$1,194$730$438$30
39 years$2,836$1,811$1,119$673$397$25
40 years$2,734$1,723$1,048$621$360$21
41 years$2,638$1,640$983$573$327$17
42 years$2,546$1,562$922$529$297$14
43 years$2,459$1,488$865$488$269$12
44 years$2,376$1,418$812$451$244$10
45 years$2,297$1,352$763$416$222$8
46 years$2,222$1,290$716$384$201$7
47 years$2,150$1,231$673$355$183$6
48 years$2,081$1,175$632$328$166$5
49 years$2,016$1,122$594$303$151$4
50 years$1,953$1,072$559$280$137$3

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 $2,123 every year, while hoping to spend $31,266 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: 68/9/23 Blend
40$2,000,000$2,000,000$2,000,000$2,000,000
41$2,206,190$2,100,190$2,069,190$2,343,188
42$2,397,954$2,169,832$2,105,241$2,504,922
43$2,608,231$2,241,839$2,141,452$2,677,986
44$2,838,875$2,316,294$2,177,795$2,866,577
45$3,091,930$2,393,282$2,214,240$3,072,229
46$3,369,646$2,472,892$2,250,757$3,296,628
47$3,674,503$2,555,217$2,287,310$3,541,634
48$4,009,232$2,640,352$2,323,865$3,809,292
49$4,376,840$2,728,396$2,360,381$4,101,859
50$4,780,643$2,819,453$2,396,819$4,421,817
51$5,224,291$2,913,628$2,433,135$4,771,902
52$5,711,806$3,011,033$2,469,282$5,155,127
53$6,247,618$3,111,781$2,505,210$5,574,811
54$6,836,609$3,215,993$2,540,869$6,034,613
55$7,484,156$3,323,790$2,576,202$6,538,559
56$8,196,186$3,435,301$2,611,150$7,091,088
57$8,979,224$3,550,658$2,645,651$7,697,089
58$9,840,464$3,669,999$2,679,639$8,361,950
59$10,787,829$3,793,467$2,713,045$9,091,605
60$11,830,050$3,921,210$2,745,794$9,892,594
61$12,976,746$4,053,380$2,777,810$10,772,119
62$14,238,517$4,190,138$2,809,008$11,738,121
63$15,627,039$4,331,648$2,839,303$12,799,344
64$17,155,180$4,478,082$2,868,604$13,965,426
65$18,837,119$4,629,619$2,896,812$15,246,984
66$20,688,477$4,786,442$2,923,828$16,655,719
67$22,726,468$4,948,744$2,949,542$18,204,523
68$24,970,058$5,116,723$2,973,842$19,907,601
69$27,440,148$5,290,586$2,996,609$21,780,604
70$30,159,766$5,470,547$3,017,718$23,840,782
71$33,154,287$5,656,829$3,037,037$26,107,139
72$36,451,674$5,849,663$3,054,428$28,600,618
73$40,082,737$6,049,289$3,069,743$31,344,296
74$44,081,428$6,255,956$3,082,831$34,363,600
75$48,485,158$6,469,922$3,093,531$37,686,554
76$53,335,153$6,691,457$3,101,673$41,344,034
77$58,676,839$6,920,839$3,107,079$45,370,066
78$64,560,274$7,158,358$3,109,564$49,802,145
79$71,040,620$7,404,315$3,108,932$54,681,588
80$78,178,659$7,659,022$3,104,977$60,053,924
81$86,041,373$7,922,805$3,097,485$65,969,328
82$94,702,571$8,196,001$3,086,229$72,483,087
83$104,243,588$8,478,960$3,070,972$79,656,126
84$114,754,052$8,772,047$3,051,468$87,555,586
85$126,332,728$9,075,640$3,027,455$96,255,451
86$139,088,453$9,390,132$2,998,660$105,837,251
87$153,141,159$9,715,933$2,964,800$116,390,831
88$168,623,011$10,053,467$2,925,574$128,015,199
89$185,679,647$10,403,177$2,880,670$140,819,458
90$204,471,559$10,765,520$2,829,761$154,923,839
91$225,175,602$11,140,975$2,772,502$170,460,835
92$247,986,668$11,530,037$2,708,535$187,576,452
93$273,119,522$11,933,222$2,637,484$206,431,585
94$300,810,831$12,351,068$2,558,958$227,203,542
95$331,321,396$12,784,131$2,472,543$250,087,712
96$364,938,617$13,232,991$2,377,812$275,299,413
97$401,979,201$13,698,253$2,274,314$303,075,924
98$442,792,155$14,180,543$2,161,579$333,678,725
99$487,762,079$14,680,514$2,039,116$367,395,965
100$537,312,797$15,198,845$1,906,413$404,545,182