Can I retire at age 41 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$132,952$131,768$130,613$129,485$128,384$126,937
2 years$65,818$64,592$63,404$62,252$61,135$59,679
3 years$43,443$42,212$41,027$39,886$38,787$37,366
4 years$32,257$31,030$29,857$28,735$27,663$26,289
5 years$25,548$24,328$23,170$22,072$21,029$19,705
6 years$21,076$19,866$18,725$17,651$16,639$15,368
7 years$17,884$16,683$15,561$14,512$13,532$12,313
8 years$15,490$14,300$13,197$12,173$11,226$10,060
9 years$13,630$12,451$11,366$10,369$9,454$8,340
10 years$12,142$10,975$9,909$8,938$8,055$6,992
11 years$10,926$9,770$8,724$7,779$6,928$5,915
12 years$9,913$8,769$7,742$6,823$6,004$5,040
13 years$9,056$7,925$6,917$6,024$5,235$4,320
14 years$8,323$7,204$6,215$5,347$4,589$3,721
15 years$7,688$6,581$5,611$4,769$4,041$3,218
16 years$7,133$6,038$5,088$4,270$3,571$2,792
17 years$6,644$5,560$4,630$3,837$3,166$2,430
18 years$6,209$5,138$4,226$3,458$2,815$2,120
19 years$5,821$4,762$3,869$3,124$2,509$1,854
20 years$5,472$4,425$3,551$2,830$2,242$1,624
21 years$5,157$4,122$3,266$2,568$2,006$1,425
22 years$4,870$3,847$3,010$2,335$1,798$1,252
23 years$4,609$3,598$2,779$2,126$1,614$1,101
24 years$4,370$3,372$2,570$1,939$1,451$970
25 years$4,151$3,164$2,381$1,771$1,305$855
26 years$3,949$2,974$2,208$1,619$1,176$754
27 years$3,762$2,799$2,050$1,482$1,060$665
28 years$3,588$2,637$1,906$1,358$957$588
29 years$3,427$2,488$1,774$1,245$864$519
30 years$3,277$2,349$1,652$1,143$780$459
31 years$3,137$2,221$1,540$1,050$706$406
32 years$3,006$2,102$1,437$965$638$359
33 years$2,883$1,990$1,342$887$578$318
34 years$2,768$1,886$1,254$816$523$282
35 years$2,659$1,789$1,172$751$474$249
36 years$2,557$1,698$1,096$692$429$221
37 years$2,461$1,613$1,026$638$389$196
38 years$2,369$1,533$961$588$353$173
39 years$2,283$1,457$900$542$320$154
40 years$2,201$1,387$844$500$290$136
41 years$2,123$1,320$791$461$263$121
42 years$2,050$1,257$742$426$239$107
43 years$1,980$1,198$697$393$217$95
44 years$1,913$1,142$654$363$197$84
45 years$1,849$1,089$614$335$179$75
46 years$1,789$1,039$577$309$162$66
47 years$1,731$991$542$286$147$59
48 years$1,675$946$509$264$134$52
49 years$1,623$904$479$244$121$46
50 years$1,572$863$450$226$110$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,610,000, adding $3,288 every year, while hoping to spend $32,557 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: 24/49/27 Blend
40$1,610,000$1,610,000$1,610,000$1,610,000
41$1,777,612$1,692,282$1,667,327$1,805,056
42$1,924,288$1,740,563$1,688,542$1,876,774
43$2,084,833$1,790,119$1,709,376$1,950,584
44$2,260,629$1,840,978$1,729,783$2,028,980
45$2,453,195$1,893,168$1,749,713$2,112,364
46$2,664,206$1,946,717$1,769,113$2,201,179
47$2,895,503$2,001,655$1,787,927$2,295,913
48$3,149,120$2,058,011$1,806,097$2,397,101
49$3,427,290$2,115,814$1,823,562$2,505,331
50$3,732,479$2,175,094$1,840,256$2,621,254
51$4,067,398$2,235,880$1,856,111$2,745,583
52$4,435,036$2,298,202$1,871,054$2,879,103
53$4,838,686$2,362,089$1,885,010$3,022,679
54$5,281,973$2,427,573$1,897,899$3,177,264
55$5,768,892$2,494,682$1,909,637$3,343,905
56$6,303,844$2,563,446$1,920,134$3,523,758
57$6,891,676$2,633,895$1,929,299$3,718,094
58$7,537,730$2,706,059$1,937,034$3,928,313
59$8,247,889$2,779,966$1,943,235$4,155,959
60$9,028,635$2,855,646$1,947,795$4,402,730
61$9,887,111$2,933,128$1,950,601$4,670,498
62$10,831,184$3,012,439$1,951,534$4,961,327
63$11,869,524$3,093,608$1,950,470$5,277,488
64$13,011,681$3,176,660$1,947,276$5,621,485
65$14,268,180$3,261,624$1,941,817$5,996,077
66$15,650,615$3,348,524$1,933,949$6,404,303
67$17,171,761$3,437,385$1,923,519$6,849,514
68$18,845,695$3,528,231$1,910,371$7,335,399
69$20,687,926$3,621,084$1,894,339$7,866,026
70$22,715,543$3,715,967$1,875,248$8,445,879
71$24,947,377$3,812,898$1,852,918$9,079,897
72$27,404,176$3,911,896$1,827,157$9,773,523
73$30,108,802$4,012,979$1,797,767$10,532,758
74$33,086,446$4,116,161$1,764,538$11,364,214
75$36,364,866$4,221,455$1,727,252$12,275,177
76$39,974,647$4,328,872$1,685,681$13,273,680
77$43,949,495$4,438,420$1,639,584$14,368,574
78$48,326,546$4,550,105$1,588,713$15,569,614
79$53,146,724$4,663,930$1,532,805$16,887,553
80$58,455,122$4,779,895$1,471,586$18,334,240
81$64,301,431$4,897,996$1,404,771$19,922,736
82$70,740,405$5,018,227$1,332,059$21,667,437
83$77,832,383$5,140,576$1,253,139$23,584,207
84$85,643,850$5,265,029$1,167,684$25,690,531
85$94,248,073$5,391,566$1,075,352$28,005,684
86$103,725,786$5,520,162$975,786$30,550,904
87$114,165,955$5,650,788$868,613$33,349,602
88$125,666,615$5,783,410$753,444$36,427,582
89$138,335,798$5,917,985$629,873$39,813,280
90$152,292,550$6,054,467$497,475$43,538,040
91$167,668,056$6,192,802$355,806$47,636,405
92$184,606,876$6,332,927$204,403$52,146,449
93$203,268,311$6,474,774$42,784$57,110,133
94$223,827,905$6,618,265$0$62,573,705
95$246,479,105$6,763,313$0$68,625,499
96$271,435,080$6,909,822$0$75,299,912
97$298,930,740$7,057,685$0$82,646,677
98$329,224,951$7,206,787$0$90,734,199
99$362,602,974$7,356,997$0$99,637,856
100$399,379,163$7,508,176$0$109,440,714