Can I retire at age 41 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$129,649$128,494$127,368$126,268$125,194$121,186
2 years$64,183$62,987$61,829$60,706$59,616$55,616
3 years$42,363$41,163$40,007$38,895$37,823$33,955
4 years$31,456$30,259$29,115$28,021$26,976$23,270
5 years$24,913$23,724$22,595$21,523$20,506$16,973
6 years$20,553$19,372$18,260$17,212$16,226$12,867
7 years$17,439$16,269$15,174$14,151$13,196$10,012
8 years$15,105$13,945$12,869$11,871$10,947$7,936
9 years$13,291$12,142$11,084$10,111$9,219$6,377
10 years$11,840$10,702$9,663$8,716$7,855$5,178
11 years$10,654$9,528$8,507$7,586$6,756$4,238
12 years$9,667$8,552$7,550$6,654$5,854$3,491
13 years$8,831$7,728$6,745$5,874$5,105$2,890
14 years$8,116$7,025$6,061$5,214$4,475$2,403
15 years$7,497$6,417$5,472$4,650$3,940$2,004
16 years$6,956$5,888$4,961$4,164$3,482$1,677
17 years$6,479$5,422$4,515$3,741$3,088$1,406
18 years$6,055$5,010$4,121$3,372$2,746$1,181
19 years$5,676$4,644$3,773$3,047$2,447$993
20 years$5,336$4,315$3,462$2,759$2,186$836
21 years$5,028$4,019$3,185$2,504$1,956$705
22 years$4,749$3,752$2,935$2,277$1,753$595
23 years$4,495$3,509$2,710$2,074$1,574$503
24 years$4,262$3,288$2,506$1,891$1,415$425
25 years$4,048$3,085$2,321$1,727$1,273$359
26 years$3,850$2,900$2,153$1,579$1,147$304
27 years$3,668$2,729$1,999$1,446$1,034$257
28 years$3,499$2,572$1,859$1,324$933$218
29 years$3,342$2,426$1,730$1,215$842$185
30 years$3,196$2,291$1,611$1,115$761$156
31 years$3,059$2,166$1,502$1,024$688$132
32 years$2,931$2,049$1,401$941$622$112
33 years$2,812$1,941$1,308$865$563$95
34 years$2,699$1,839$1,223$796$510$81
35 years$2,593$1,745$1,143$733$462$68
36 years$2,494$1,656$1,069$675$419$58
37 years$2,399$1,573$1,001$622$379$49
38 years$2,310$1,495$937$573$344$42
39 years$2,226$1,421$878$528$312$35
40 years$2,146$1,352$823$487$283$30
41 years$2,071$1,287$772$450$257$25
42 years$1,999$1,226$724$415$233$22
43 years$1,930$1,168$679$383$211$18
44 years$1,865$1,113$638$354$192$15
45 years$1,803$1,062$599$327$174$13
46 years$1,744$1,013$562$302$158$11
47 years$1,688$967$528$279$144$9
48 years$1,634$923$496$258$130$8
49 years$1,582$881$467$238$118$7
50 years$1,533$842$439$220$108$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,570,000, adding $6,850 every year, while hoping to spend $34,247 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: 54/17/29 Blend
40$1,570,000$1,570,000$1,570,000$1,570,000
41$1,737,206$1,653,996$1,629,661$1,816,651
42$1,877,962$1,698,603$1,647,816$1,916,989
43$2,031,928$1,744,248$1,665,431$2,022,115
44$2,200,414$1,790,946$1,682,453$2,135,893
45$2,384,865$1,838,711$1,698,824$2,259,170
46$2,586,870$1,887,556$1,714,483$2,392,875
47$2,808,180$1,937,496$1,729,367$2,538,034
48$3,050,723$1,988,542$1,743,410$2,695,777
49$3,316,623$2,040,707$1,756,541$2,867,348
50$3,608,219$2,094,002$1,768,685$3,054,119
51$3,928,087$2,148,437$1,779,765$3,257,601
52$4,279,063$2,204,022$1,789,699$3,479,461
53$4,664,274$2,260,766$1,798,400$3,721,534
54$5,087,162$2,318,676$1,805,779$3,985,843
55$5,551,520$2,377,758$1,811,739$4,274,617
56$6,061,524$2,438,017$1,816,182$4,590,313
57$6,621,776$2,499,457$1,819,001$4,935,639
58$7,237,347$2,562,079$1,820,087$5,313,580
59$7,913,820$2,625,885$1,819,324$5,727,423
60$8,657,349$2,690,873$1,816,590$6,180,795
61$9,474,712$2,757,039$1,811,760$6,677,690
62$10,373,377$2,824,379$1,804,698$7,222,511
63$11,361,572$2,892,883$1,795,265$7,820,111
64$12,448,361$2,962,543$1,783,315$8,475,839
65$13,643,731$3,033,345$1,768,694$9,195,590
66$14,958,687$3,105,274$1,751,240$9,985,861
67$16,405,352$3,178,312$1,730,786$10,853,813
68$17,997,085$3,252,436$1,707,154$11,807,339
69$19,748,603$3,327,621$1,680,159$12,855,138
70$21,676,125$3,403,838$1,649,609$14,006,797
71$23,797,518$3,481,055$1,615,299$15,272,883
72$26,132,472$3,559,234$1,577,019$16,665,042
73$28,702,681$3,638,333$1,534,546$18,196,111
74$31,532,049$3,718,306$1,487,648$19,880,237
75$34,646,917$3,799,102$1,436,083$21,733,011
76$38,076,306$3,880,662$1,379,596$23,771,621
77$41,852,199$3,962,923$1,317,921$26,015,005
78$46,009,834$4,045,817$1,250,782$28,484,039
79$50,588,042$4,129,268$1,177,889$31,201,729
80$55,629,611$4,213,191$1,098,937$34,193,434
81$61,181,691$4,297,496$1,013,610$37,487,099
82$67,296,235$4,382,085$921,578$41,113,524
83$74,030,494$4,466,850$822,494$45,106,656
84$81,447,553$4,551,675$715,997$49,503,908
85$89,616,931$4,636,434$601,710$54,346,511
86$98,615,229$4,720,991$479,238$59,679,909
87$108,526,860$4,805,198$348,171$65,554,185
88$119,444,844$4,888,896$208,079$72,024,536
89$131,471,682$4,971,916$58,513$79,151,794
90$144,720,327$5,054,073$0$87,003,003
91$159,315,247$5,135,169$0$95,683,332
92$175,393,602$5,214,993$0$105,264,286
93$193,106,538$5,293,316$0$115,817,641
94$212,620,611$5,369,895$0$127,442,467
95$234,119,362$5,444,468$0$140,247,938
96$257,805,046$5,516,756$0$154,354,360
97$283,900,543$5,586,459$0$169,894,310
98$312,651,461$5,653,259$0$187,013,887
99$344,328,455$5,716,813$0$205,874,089
100$379,229,778$5,776,758$0$226,652,335