Can I retire at age 41 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$137,907$136,679$135,480$134,310$133,168$132,384
2 years$68,271$66,999$65,767$64,572$63,413$62,623
3 years$45,062$43,785$42,556$41,372$40,232$39,459
4 years$33,460$32,186$30,970$29,806$28,694$27,944
5 years$26,500$25,235$24,034$22,894$21,813$21,089
6 years$21,862$20,606$19,423$18,309$17,260$16,562
7 years$18,550$17,305$16,140$15,052$14,037$13,366
8 years$16,068$14,833$13,688$12,627$11,645$11,001
9 years$14,138$12,915$11,790$10,756$9,807$9,190
10 years$12,595$11,384$10,279$9,271$8,356$7,766
11 years$11,333$10,135$9,049$8,069$7,186$6,622
12 years$10,282$9,096$8,031$7,077$6,227$5,689
13 years$9,394$8,220$7,175$6,248$5,430$4,917
14 years$8,633$7,472$6,447$5,547$4,760$4,272
15 years$7,975$6,826$5,821$4,947$4,191$3,727
16 years$7,399$6,263$5,277$4,429$3,704$3,263
17 years$6,891$5,768$4,802$3,980$3,284$2,865
18 years$6,441$5,330$4,384$3,586$2,920$2,523
19 years$6,038$4,939$4,013$3,241$2,603$2,227
20 years$5,676$4,590$3,683$2,935$2,325$1,969
21 years$5,349$4,275$3,388$2,664$2,081$1,744
22 years$5,052$3,991$3,122$2,422$1,865$1,548
23 years$4,781$3,733$2,883$2,206$1,674$1,375
24 years$4,533$3,497$2,666$2,012$1,505$1,223
25 years$4,306$3,282$2,469$1,837$1,354$1,089
26 years$4,096$3,084$2,290$1,680$1,220$970
27 years$3,902$2,903$2,127$1,538$1,100$865
28 years$3,722$2,735$1,977$1,409$992$772
29 years$3,555$2,580$1,840$1,292$896$689
30 years$3,399$2,437$1,714$1,186$810$616
31 years$3,254$2,304$1,598$1,089$732$551
32 years$3,118$2,180$1,491$1,001$662$492
33 years$2,991$2,064$1,392$920$599$441
34 years$2,871$1,957$1,300$847$542$394
35 years$2,758$1,856$1,216$779$491$353
36 years$2,652$1,761$1,137$718$445$316
37 years$2,552$1,673$1,065$661$403$283
38 years$2,458$1,590$997$610$366$254
39 years$2,368$1,512$934$562$332$227
40 years$2,283$1,438$875$518$301$204
41 years$2,203$1,369$821$478$273$183
42 years$2,126$1,304$770$441$248$164
43 years$2,053$1,242$723$408$225$147
44 years$1,984$1,184$678$376$204$132
45 years$1,918$1,129$637$347$185$118
46 years$1,855$1,077$598$321$168$106
47 years$1,795$1,028$562$297$153$95
48 years$1,738$981$528$274$139$85
49 years$1,683$937$496$253$126$76
50 years$1,631$895$467$234$114$69

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,670,000, adding $3,492 every year, while hoping to spend $54,584 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: 62/16/22 Blend
40$1,670,000$1,670,000$1,670,000$1,670,000
41$1,843,942$1,755,432$1,729,547$1,947,451
42$1,973,947$1,783,371$1,729,410$2,045,773
43$2,115,383$1,810,850$1,727,439$2,146,715
44$2,269,359$1,837,788$1,723,514$2,255,694
45$2,437,094$1,864,100$1,717,512$2,373,502
46$2,619,930$1,889,693$1,709,301$2,501,009
47$2,819,344$1,914,469$1,698,744$2,639,177
48$3,036,962$1,938,323$1,685,697$2,789,067
49$3,274,573$1,961,142$1,670,009$2,951,848
50$3,534,148$1,982,807$1,651,523$3,128,811
51$3,817,855$2,003,188$1,630,072$3,321,379
52$4,128,081$2,022,150$1,605,485$3,531,120
53$4,467,456$2,039,545$1,577,580$3,759,765
54$4,838,874$2,055,221$1,546,166$4,009,223
55$5,245,522$2,069,010$1,511,046$4,281,598
56$5,690,911$2,080,736$1,472,011$4,579,213
57$6,178,905$2,090,214$1,428,845$4,904,628
58$6,713,761$2,097,242$1,381,319$5,260,665
59$7,300,168$2,101,610$1,329,196$5,650,440
60$7,943,289$2,103,093$1,272,228$6,077,385
61$8,648,811$2,101,451$1,210,155$6,545,287
62$9,422,999$2,096,431$1,142,703$7,058,323
63$10,272,752$2,087,763$1,069,591$7,621,097
64$11,205,671$2,075,162$990,521$8,238,686
65$12,230,128$2,058,324$905,182$8,916,691
66$13,355,346$2,036,927$813,251$9,661,284
67$14,591,486$2,010,630$714,389$10,479,275
68$15,949,739$1,979,073$608,243$11,378,168
69$17,442,437$1,941,872$494,444$12,366,242
70$19,083,164$1,898,622$372,606$13,452,623
71$20,886,885$1,848,893$242,326$14,647,371
72$22,870,088$1,792,230$103,185$15,961,581
73$25,050,940$1,728,152$0$17,407,484
74$27,449,454$1,656,150$0$19,009,200
75$30,087,681$1,575,683$0$20,797,502
76$32,989,916$1,486,183$0$22,764,645
77$36,182,927$1,387,047$0$24,928,817
78$39,696,209$1,277,635$0$27,310,062
79$43,562,259$1,157,276$0$29,930,468
80$47,816,882$1,025,255$0$32,814,380
81$52,499,532$880,820$0$35,988,626
82$57,653,680$723,176$0$39,482,774
83$63,327,225$551,482$0$43,329,408
84$69,572,948$364,850$0$47,564,440
85$76,449,004$162,343$0$52,227,446
86$84,019,476$0$0$57,362,042
87$92,354,976$0$0$63,026,337
88$101,533,309$0$0$69,295,002
89$111,640,214$0$0$76,198,031
90$122,770,165$0$0$83,799,969
91$135,027,263$0$0$92,171,941
92$148,526,224$0$0$101,392,322
93$163,393,453$0$0$111,547,476
94$179,768,243$0$0$122,732,569
95$197,804,084$0$0$135,052,470
96$217,670,114$0$0$148,622,738
97$239,552,715$0$0$163,570,713
98$263,657,269$0$0$180,036,718
99$290,210,098$0$0$198,175,382
100$319,460,599$0$0$218,157,099