Can I retire at age 41 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$136,255$135,042$133,858$132,702$131,573$128,602
2 years$67,453$66,197$64,979$63,799$62,654$59,676
3 years$44,522$43,260$42,046$40,877$39,750$36,859
4 years$33,059$31,801$30,599$29,449$28,350$25,568
5 years$26,183$24,932$23,746$22,620$21,551$18,886
6 years$21,600$20,359$19,190$18,089$17,053$14,507
7 years$18,328$17,098$15,947$14,872$13,869$11,442
8 years$15,875$14,656$13,524$12,476$11,505$9,198
9 years$13,968$12,761$11,649$10,627$9,689$7,499
10 years$12,444$11,248$10,156$9,160$8,256$6,181
11 years$11,197$10,013$8,941$7,972$7,100$5,138
12 years$10,159$8,987$7,935$6,993$6,153$4,300
13 years$9,281$8,122$7,089$6,174$5,365$3,618
14 years$8,530$7,383$6,370$5,480$4,703$3,058
15 years$7,879$6,744$5,751$4,887$4,141$2,594
16 years$7,310$6,188$5,214$4,376$3,660$2,207
17 years$6,809$5,699$4,745$3,932$3,245$1,883
18 years$6,363$5,266$4,331$3,543$2,885$1,610
19 years$5,966$4,880$3,965$3,202$2,572$1,379
20 years$5,608$4,535$3,639$2,900$2,297$1,183
21 years$5,285$4,224$3,347$2,632$2,056$1,016
22 years$4,991$3,943$3,085$2,393$1,843$874
23 years$4,724$3,688$2,848$2,179$1,654$752
24 years$4,479$3,455$2,634$1,988$1,487$648
25 years$4,254$3,243$2,440$1,815$1,338$559
26 years$4,047$3,048$2,263$1,660$1,205$482
27 years$3,855$2,868$2,101$1,519$1,086$416
28 years$3,677$2,703$1,953$1,392$980$359
29 years$3,512$2,550$1,818$1,276$885$310
30 years$3,359$2,408$1,693$1,171$800$268
31 years$3,215$2,276$1,578$1,076$723$232
32 years$3,081$2,154$1,473$989$654$200
33 years$2,955$2,040$1,375$909$592$173
34 years$2,837$1,933$1,285$837$536$150
35 years$2,725$1,834$1,201$770$485$129
36 years$2,621$1,740$1,124$709$440$112
37 years$2,522$1,653$1,052$653$399$97
38 years$2,428$1,571$985$602$361$84
39 years$2,340$1,494$923$555$328$73
40 years$2,256$1,421$865$512$297$63
41 years$2,176$1,353$811$473$270$54
42 years$2,101$1,288$761$436$245$47
43 years$2,029$1,228$714$403$222$41
44 years$1,960$1,170$670$372$202$35
45 years$1,895$1,116$629$343$183$30
46 years$1,833$1,064$591$317$166$26
47 years$1,774$1,016$555$293$151$23
48 years$1,717$970$522$271$137$20
49 years$1,663$926$490$250$124$17
50 years$1,611$885$461$231$113$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,650,000, adding $2,884 every year, while hoping to spend $30,233 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: 80/9/11 Blend
40$1,650,000$1,650,000$1,650,000$1,650,000
41$1,821,275$1,733,825$1,708,250$1,963,262
42$1,974,877$1,786,615$1,733,309$2,109,662
43$2,143,134$1,840,978$1,758,193$2,266,050
44$2,327,507$1,896,959$1,782,867$2,436,777
45$2,529,609$1,954,606$1,807,288$2,623,266
46$2,751,212$2,013,966$1,831,416$2,827,078
47$2,994,273$2,075,086$1,855,205$3,049,938
48$3,260,942$2,138,019$1,878,608$3,293,741
49$3,553,590$2,202,815$1,901,574$3,560,578
50$3,874,830$2,269,526$1,924,050$3,852,750
51$4,227,538$2,338,208$1,945,981$4,172,791
52$4,614,883$2,408,916$1,967,307$4,523,494
53$5,040,355$2,481,707$1,987,966$4,907,935
54$5,507,799$2,556,639$2,007,892$5,329,502
55$6,021,454$2,633,773$2,027,014$5,791,927
56$6,585,984$2,713,170$2,045,261$6,299,323
57$7,206,532$2,794,893$2,062,555$6,856,220
58$7,888,763$2,879,007$2,078,815$7,467,609
59$8,638,916$2,965,578$2,093,956$8,138,989
60$9,463,869$3,054,675$2,107,886$8,876,416
61$10,371,196$3,146,366$2,120,513$9,686,567
62$11,369,244$3,240,724$2,131,736$10,576,794
63$12,467,208$3,337,821$2,141,451$11,555,199
64$13,675,222$3,437,732$2,149,548$12,630,711
65$15,004,448$3,540,535$2,155,911$13,813,166
66$16,467,187$3,646,307$2,160,419$15,113,401
67$18,076,993$3,755,128$2,162,946$16,543,358
68$19,848,798$3,867,082$2,163,357$18,116,195
69$21,799,059$3,982,252$2,161,512$19,846,412
70$23,945,904$4,100,724$2,157,265$21,749,983
71$26,309,314$4,222,586$2,150,460$23,844,513
72$28,911,300$4,347,930$2,140,937$26,149,398
73$31,776,120$4,476,845$2,128,526$28,686,014
74$34,930,501$4,609,428$2,113,048$31,477,912
75$38,403,895$4,745,773$2,094,318$34,551,044
76$42,228,756$4,885,979$2,072,142$37,934,010
77$46,440,844$5,030,147$2,046,313$41,658,322
78$51,079,565$5,178,379$2,016,619$45,758,706
79$56,188,340$5,330,779$1,982,836$50,273,428
80$61,815,019$5,487,455$1,944,729$55,244,654
81$68,012,325$5,648,515$1,902,052$60,718,849
82$74,838,361$5,814,071$1,854,549$66,747,216
83$82,357,149$5,984,235$1,801,952$73,386,179
84$90,639,239$6,159,124$1,743,978$80,697,915
85$99,762,375$6,338,855$1,680,335$88,750,939
86$109,812,226$6,523,547$1,610,714$97,620,754
87$120,883,195$6,713,323$1,534,795$107,390,562
88$133,079,311$6,908,306$1,452,242$118,152,049
89$146,515,212$7,108,624$1,362,703$130,006,250
90$161,317,222$7,314,405$1,265,812$143,064,505
91$177,624,546$7,525,779$1,161,184$157,449,506
92$195,590,587$7,742,878$1,048,420$173,296,459
93$215,384,385$7,965,838$927,101$190,754,358
94$237,192,224$8,194,796$796,790$209,987,392
95$261,219,379$8,429,889$657,031$231,176,494
96$287,692,060$8,671,258$507,346$254,521,051
97$316,859,547$8,919,046$347,239$280,240,784
98$348,996,538$9,173,397$176,189$308,577,824
99$384,405,748$9,434,456$0$339,798,995
100$423,420,761$9,702,372$0$374,199,081