Can I retire at age 41 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$134,604$133,405$132,235$131,093$129,978$126,939
2 years$66,636$65,395$64,192$63,026$61,895$58,850
3 years$43,982$42,736$41,536$40,381$39,268$36,314
4 years$32,658$31,416$30,228$29,092$28,007$25,164
5 years$25,865$24,630$23,458$22,346$21,290$18,568
6 years$21,338$20,112$18,958$17,870$16,846$14,247
7 years$18,106$16,890$15,754$14,692$13,700$11,225
8 years$15,683$14,478$13,361$12,325$11,366$9,013
9 years$13,799$12,606$11,507$10,498$9,572$7,340
10 years$12,293$11,111$10,032$9,049$8,156$6,042
11 years$11,061$9,892$8,832$7,876$7,014$5,016
12 years$10,036$8,878$7,839$6,908$6,078$4,192
13 years$9,169$8,023$7,003$6,099$5,300$3,522
14 years$8,426$7,293$6,292$5,414$4,646$2,973
15 years$7,784$6,662$5,681$4,828$4,091$2,519
16 years$7,222$6,113$5,151$4,323$3,616$2,140
17 years$6,726$5,629$4,687$3,884$3,206$1,823
18 years$6,286$5,202$4,279$3,500$2,850$1,557
19 years$5,893$4,821$3,917$3,163$2,541$1,331
20 years$5,540$4,480$3,595$2,865$2,269$1,140
21 years$5,221$4,173$3,306$2,600$2,031$978
22 years$4,931$3,895$3,047$2,364$1,820$840
23 years$4,666$3,643$2,814$2,153$1,634$722
24 years$4,425$3,413$2,602$1,964$1,469$621
25 years$4,202$3,203$2,410$1,793$1,322$534
26 years$3,998$3,011$2,235$1,640$1,190$460
27 years$3,808$2,833$2,076$1,501$1,073$396
28 years$3,633$2,670$1,930$1,375$968$342
29 years$3,470$2,519$1,796$1,261$875$295
30 years$3,318$2,379$1,673$1,157$790$254
31 years$3,176$2,249$1,559$1,063$714$219
32 years$3,043$2,128$1,455$977$646$189
33 years$2,919$2,015$1,358$898$585$163
34 years$2,802$1,910$1,269$826$529$141
35 years$2,692$1,811$1,187$761$480$122
36 years$2,589$1,719$1,110$701$435$105
37 years$2,491$1,633$1,039$646$394$91
38 years$2,399$1,552$973$595$357$78
39 years$2,311$1,476$912$549$324$68
40 years$2,228$1,404$854$506$294$59
41 years$2,150$1,336$801$467$266$51
42 years$2,075$1,273$752$431$242$44
43 years$2,004$1,213$705$398$219$38
44 years$1,937$1,156$662$367$199$33
45 years$1,872$1,102$622$339$181$28
46 years$1,811$1,052$584$313$164$24
47 years$1,752$1,003$548$289$149$21
48 years$1,696$958$515$267$135$18
49 years$1,643$915$484$247$123$16
50 years$1,591$874$455$228$112$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,630,000, adding $5,366 every year, while hoping to spend $27,593 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: 86/8/6 Blend
40$1,630,000$1,630,000$1,630,000$1,630,000
41$1,801,795$1,715,405$1,690,140$1,955,841
42$1,956,219$1,770,101$1,717,401$2,111,741
43$2,125,470$1,826,553$1,744,650$2,278,657
44$2,311,031$1,884,816$1,771,859$2,461,182
45$2,514,534$1,944,951$1,798,995$2,660,868
46$2,737,780$2,007,017$1,826,024$2,879,423
47$2,982,751$2,071,077$1,852,913$3,118,727
48$3,251,628$2,137,197$1,879,622$3,380,854
49$3,546,817$2,205,442$1,906,112$3,668,084
50$3,870,966$2,275,883$1,932,341$3,982,932
51$4,226,993$2,348,589$1,958,263$4,328,166
52$4,618,112$2,423,636$1,983,830$4,706,835
53$5,047,864$2,501,099$2,008,994$5,122,299
54$5,520,151$2,581,057$2,033,699$5,578,258
55$6,039,268$2,663,591$2,057,890$6,078,788
56$6,609,952$2,748,785$2,081,508$6,628,380
57$7,237,418$2,836,727$2,104,489$7,231,981
58$7,927,412$2,927,504$2,126,767$7,895,040
59$8,686,267$3,021,211$2,148,273$8,623,562
60$9,520,959$3,117,942$2,168,932$9,424,161
61$10,439,172$3,217,798$2,188,667$10,304,126
62$11,449,377$3,320,878$2,207,397$11,271,485
63$12,560,903$3,427,291$2,225,034$12,335,085
64$13,784,030$3,537,143$2,241,488$13,504,672
65$15,130,087$3,650,549$2,256,663$14,790,987
66$16,611,554$3,767,625$2,270,460$16,205,860
67$18,242,185$3,888,490$2,282,772$17,762,330
68$20,037,131$4,013,270$2,293,489$19,474,761
69$22,013,091$4,142,092$2,302,493$21,358,981
70$24,188,462$4,275,091$2,309,662$23,432,429
71$26,583,517$4,412,402$2,314,868$25,714,323
72$29,220,594$4,554,168$2,317,975$28,225,837
73$32,124,309$4,700,536$2,318,841$30,990,301
74$35,321,783$4,851,658$2,317,317$34,033,426
75$38,842,905$5,007,689$2,313,247$37,383,539
76$42,720,608$5,168,792$2,306,467$41,071,856
77$46,991,182$5,335,135$2,296,806$45,132,773
78$51,694,616$5,506,890$2,284,082$49,604,193
79$56,874,976$5,684,237$2,268,108$54,527,880
80$62,580,819$5,867,360$2,248,685$59,949,858
81$68,865,653$6,056,451$2,225,607$65,920,840
82$75,788,440$6,251,708$2,198,655$72,496,709
83$83,414,154$6,453,334$2,167,603$79,739,044
84$91,814,392$6,661,542$2,132,212$87,715,705
85$101,068,053$6,876,550$2,092,234$96,501,468
86$111,262,077$7,098,584$2,047,407$106,178,731
87$122,492,272$7,327,878$1,997,458$116,838,295
88$134,864,213$7,564,674$1,942,103$128,580,220
89$148,494,241$7,809,221$1,881,041$141,514,767
90$163,510,559$8,061,778$1,813,961$155,763,438
91$180,054,443$8,322,612$1,740,536$171,460,128
92$198,281,576$8,592,000$1,660,423$188,752,382
93$218,363,516$8,870,227$1,573,267$207,802,791
94$240,489,317$9,157,591$1,478,694$228,790,527
95$264,867,310$9,454,395$1,376,313$251,913,032
96$291,727,073$9,760,958$1,265,717$277,387,884
97$321,321,596$10,077,607$1,146,480$305,454,847
98$353,929,669$10,404,679$1,018,157$336,378,137
99$389,858,513$10,742,526$880,283$370,448,915
100$429,446,682$11,091,510$732,373$407,988,036