Can I retire at age 41 with 1,510,000?

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 $1,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$124,694$123,584$122,500$121,442$120,410$116,649
2 years$61,730$60,580$59,466$58,386$57,338$53,582
3 years$40,744$39,590$38,478$37,408$36,377$32,745
4 years$30,254$29,103$28,002$26,951$25,945$22,463
5 years$23,961$22,817$21,731$20,701$19,723$16,402
6 years$19,767$18,632$17,562$16,554$15,606$12,448
7 years$16,773$15,647$14,594$13,610$12,692$9,697
8 years$14,528$13,412$12,377$11,417$10,529$7,695
9 years$12,783$11,678$10,660$9,725$8,867$6,191
10 years$11,388$10,293$9,294$8,383$7,555$5,033
11 years$10,247$9,164$8,182$7,296$6,498$4,125
12 years$9,297$8,225$7,261$6,399$5,631$3,402
13 years$8,494$7,433$6,488$5,650$4,910$2,821
14 years$7,806$6,756$5,829$5,015$4,304$2,348
15 years$7,211$6,172$5,263$4,473$3,790$1,962
16 years$6,690$5,663$4,772$4,005$3,349$1,643
17 years$6,231$5,215$4,342$3,598$2,970$1,380
18 years$5,823$4,819$3,964$3,243$2,641$1,160
19 years$5,459$4,466$3,629$2,930$2,354$978
20 years$5,132$4,150$3,330$2,654$2,102$825
21 years$4,836$3,866$3,063$2,408$1,881$697
22 years$4,568$3,608$2,823$2,190$1,686$589
23 years$4,323$3,375$2,607$1,994$1,514$498
24 years$4,099$3,162$2,411$1,819$1,361$422
25 years$3,893$2,967$2,233$1,661$1,224$357
26 years$3,703$2,789$2,071$1,519$1,103$303
27 years$3,528$2,625$1,923$1,390$994$257
28 years$3,365$2,473$1,788$1,274$897$218
29 years$3,214$2,333$1,664$1,168$810$185
30 years$3,074$2,204$1,549$1,072$732$157
31 years$2,942$2,083$1,445$985$662$133
32 years$2,819$1,971$1,348$905$599$113
33 years$2,704$1,867$1,258$832$542$96
34 years$2,596$1,769$1,176$766$491$81
35 years$2,494$1,678$1,099$705$444$69
36 years$2,398$1,593$1,028$649$403$59
37 years$2,308$1,513$963$598$365$50
38 years$2,222$1,438$901$551$331$42
39 years$2,141$1,367$844$508$300$36
40 years$2,064$1,301$792$469$272$31
41 years$1,992$1,238$742$433$247$26
42 years$1,922$1,179$696$399$224$22
43 years$1,857$1,123$653$368$203$19
44 years$1,794$1,071$613$340$184$16
45 years$1,734$1,021$576$314$167$13
46 years$1,678$974$541$290$152$11
47 years$1,623$930$508$268$138$10
48 years$1,571$887$477$248$125$8
49 years$1,522$847$449$229$114$7
50 years$1,474$809$422$212$103$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,510,000, adding $6,062 every year, while hoping to spend $40,433 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: 28/48/24 Blend
40$1,510,000$1,510,000$1,510,000$1,510,000
41$1,670,273$1,590,243$1,566,838$1,704,361
42$1,797,620$1,625,144$1,576,307$1,766,540
43$1,936,602$1,660,401$1,584,737$1,829,349
44$2,088,362$1,695,987$1,592,053$1,895,993
45$2,254,160$1,731,875$1,598,171$1,966,826
46$2,435,382$1,768,035$1,603,007$2,042,240
47$2,633,554$1,804,432$1,606,472$2,122,666
48$2,850,357$1,841,030$1,608,469$2,208,582
49$3,087,642$1,877,789$1,608,902$2,300,513
50$3,347,447$1,914,666$1,607,665$2,399,040
51$3,632,015$1,951,612$1,604,650$2,504,807
52$3,943,817$1,988,578$1,599,742$2,618,520
53$4,285,575$2,025,507$1,592,822$2,740,962
54$4,660,286$2,062,340$1,583,764$2,872,997
55$5,071,252$2,099,011$1,572,437$3,015,577
56$5,522,108$2,135,451$1,558,702$3,169,757
57$6,016,859$2,171,584$1,542,415$3,336,697
58$6,559,918$2,207,330$1,523,425$3,517,682
59$7,156,142$2,242,602$1,501,572$3,714,126
60$7,810,885$2,277,307$1,476,692$3,927,595
61$8,530,044$2,311,343$1,448,609$4,159,814
62$9,320,114$2,344,605$1,417,143$4,412,687
63$10,188,252$2,376,976$1,382,104$4,688,320
64$11,142,340$2,408,335$1,343,291$4,989,032
65$12,191,065$2,438,549$1,300,497$5,317,386
66$13,343,993$2,467,478$1,253,503$5,676,211
67$14,611,668$2,494,972$1,202,083$6,068,625
68$16,005,703$2,520,870$1,145,998$6,498,075
69$17,538,895$2,545,003$1,084,998$6,968,360
70$19,225,341$2,567,187$1,018,825$7,483,674
71$21,080,575$2,587,229$947,205$8,048,646
72$23,121,713$2,604,921$869,855$8,668,382
73$25,367,610$2,620,045$786,477$9,348,517
74$27,839,044$2,632,365$696,762$10,095,266
75$30,558,908$2,641,633$600,386$10,915,489
76$33,552,428$2,647,584$497,010$11,816,751
77$36,847,397$2,649,937$386,281$12,807,400
78$40,474,440$2,648,392$267,830$13,896,643
79$44,467,302$2,642,633$141,272$15,094,639
80$48,863,168$2,632,323$6,205$16,412,590
81$53,703,008$2,617,104$0$17,862,856
82$59,031,969$2,596,596$0$19,494,390
83$64,899,799$2,570,399$0$21,290,896
84$71,361,315$2,538,084$0$23,267,482
85$78,476,920$2,499,201$0$25,442,558
86$86,313,174$2,453,270$0$27,836,419
87$94,943,421$2,399,784$0$30,471,441
88$104,448,483$2,338,206$0$33,372,288
89$114,917,417$2,267,967$0$36,566,155
90$126,448,361$2,188,465$0$40,083,018
91$139,149,456$2,099,062$0$43,955,924
92$153,139,868$1,999,084$0$48,221,300
93$168,550,914$1,887,818$0$52,919,307
94$185,527,296$1,764,510$0$58,094,213
95$204,228,470$1,628,361$0$63,794,816
96$224,830,153$1,478,529$0$70,074,910
97$247,525,973$1,314,122$0$76,993,791
98$272,529,307$1,134,199$0$84,616,823
99$300,075,285$937,763$0$93,016,054
100$330,423,014$723,763$0$102,270,904