Can I retire at age 41 with 1,690,000?

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$139,559$138,316$137,103$135,919$134,763$134,026
2 years$69,088$67,802$66,555$65,346$64,173$63,429
3 years$45,601$44,309$43,065$41,868$40,714$39,987
4 years$33,860$32,572$31,341$30,163$29,037$28,332
5 years$26,817$25,537$24,322$23,168$22,074$21,393
6 years$22,124$20,853$19,655$18,528$17,466$16,810
7 years$18,772$17,512$16,334$15,233$14,205$13,574
8 years$16,260$15,011$13,852$12,778$11,784$11,178
9 years$14,307$13,070$11,931$10,884$9,924$9,343
10 years$12,745$11,520$10,402$9,382$8,456$7,900
11 years$11,469$10,256$9,157$8,166$7,272$6,741
12 years$10,405$9,205$8,127$7,162$6,302$5,795
13 years$9,507$8,319$7,261$6,323$5,495$5,012
14 years$8,737$7,562$6,524$5,613$4,817$4,356
15 years$8,070$6,908$5,890$5,006$4,241$3,803
16 years$7,487$6,338$5,340$4,482$3,749$3,332
17 years$6,974$5,837$4,860$4,027$3,324$2,928
18 years$6,518$5,393$4,436$3,629$2,955$2,580
19 years$6,110$4,999$4,061$3,279$2,634$2,279
20 years$5,744$4,645$3,727$2,970$2,353$2,017
21 years$5,413$4,327$3,428$2,696$2,106$1,788
22 years$5,112$4,039$3,160$2,451$1,887$1,587
23 years$4,838$3,777$2,917$2,232$1,694$1,411
24 years$4,587$3,539$2,698$2,036$1,523$1,256
25 years$4,357$3,321$2,499$1,859$1,370$1,119
26 years$4,145$3,121$2,318$1,700$1,234$998
27 years$3,949$2,938$2,152$1,556$1,113$891
28 years$3,767$2,768$2,001$1,426$1,004$795
29 years$3,598$2,611$1,862$1,307$907$711
30 years$3,440$2,466$1,734$1,200$819$636
31 years$3,293$2,331$1,617$1,102$741$569
32 years$3,156$2,206$1,508$1,013$670$509
33 years$3,027$2,089$1,408$931$606$456
34 years$2,905$1,980$1,316$857$549$408
35 years$2,791$1,878$1,230$789$497$366
36 years$2,684$1,782$1,151$726$451$328
37 years$2,583$1,693$1,077$669$408$294
38 years$2,487$1,609$1,009$617$370$264
39 years$2,396$1,530$945$569$336$236
40 years$2,310$1,456$886$525$304$212
41 years$2,229$1,386$831$484$276$190
42 years$2,152$1,320$779$447$251$171
43 years$2,078$1,257$731$412$227$153
44 years$2,008$1,198$686$381$206$138
45 years$1,941$1,143$644$352$187$123
46 years$1,878$1,090$605$325$170$111
47 years$1,817$1,040$569$300$155$100
48 years$1,759$993$534$277$140$89
49 years$1,703$948$502$256$127$80
50 years$1,650$906$472$237$116$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,690,000, adding $5,310 every year, while hoping to spend $49,463 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: 69/14/17 Blend
40$1,690,000$1,690,000$1,690,000$1,690,000
41$1,867,857$1,778,287$1,752,092$1,988,820
42$2,005,750$1,812,795$1,758,159$2,104,624
43$2,156,051$1,847,336$1,762,771$2,224,930
44$2,319,972$1,881,859$1,765,828$2,355,321
45$2,498,849$1,916,311$1,767,224$2,496,787
46$2,694,153$1,950,630$1,766,846$2,650,417
47$2,907,500$1,984,755$1,764,579$2,817,411
48$3,140,673$2,018,616$1,760,301$2,999,092
49$3,395,633$2,052,140$1,753,882$3,196,920
50$3,674,539$2,085,246$1,745,189$3,412,500
51$3,979,769$2,117,850$1,734,079$3,647,603
52$4,313,940$2,149,860$1,720,406$3,904,181
53$4,679,937$2,181,177$1,704,014$4,184,384
54$5,080,933$2,211,698$1,684,742$4,490,583
55$5,520,426$2,241,309$1,662,418$4,825,391
56$6,002,266$2,269,889$1,636,866$5,191,686
57$6,530,695$2,297,311$1,607,898$5,592,643
58$7,110,383$2,323,437$1,575,320$6,031,758
59$7,746,477$2,348,121$1,538,928$6,512,888
60$8,444,644$2,371,204$1,498,508$7,040,281
61$9,211,126$2,392,522$1,453,837$7,618,622
62$10,052,801$2,411,896$1,404,681$8,253,072
63$10,977,245$2,429,137$1,350,796$8,949,320
64$11,992,802$2,444,043$1,291,925$9,713,639
65$13,108,666$2,456,399$1,227,803$10,552,941
66$14,334,965$2,465,978$1,158,150$11,474,843
67$15,682,857$2,472,536$1,082,673$12,487,745
68$17,164,634$2,475,816$1,001,068$13,600,901
69$18,793,839$2,475,544$913,017$14,824,514
70$20,585,394$2,471,428$818,186$16,169,828
71$22,555,736$2,463,160$716,227$17,649,237
72$24,722,978$2,450,412$606,778$19,276,400
73$27,107,075$2,432,836$489,458$21,066,375
74$29,730,015$2,410,062$363,873$23,035,756
75$32,616,021$2,381,701$229,608$25,202,834
76$35,791,787$2,347,336$86,231$27,587,768
77$39,286,723$2,306,528$0$30,212,779
78$43,133,233$2,258,813$0$33,114,468
79$47,367,025$2,203,696$0$36,325,194
80$52,027,440$2,140,656$0$39,859,138
81$57,157,831$2,069,140$0$43,749,182
82$62,805,964$1,988,563$0$48,031,561
83$69,024,476$1,898,306$0$52,746,205
84$75,871,363$1,797,713$0$57,937,120
85$83,410,534$1,686,093$0$63,652,796
86$91,712,409$1,562,712$0$69,946,673
87$100,854,587$1,426,797$0$76,877,640
88$110,922,573$1,277,529$0$84,510,593
89$122,010,590$1,114,042$0$92,917,049
90$134,222,463$935,423$0$102,175,820
91$147,672,601$740,706$0$112,373,759
92$162,487,076$528,869$0$123,606,576
93$178,804,810$298,837$0$135,979,747
94$196,778,892$49,471$0$149,609,510
95$216,578,013$0$0$164,623,957
96$238,388,067$0$0$181,198,208
97$262,413,898$0$0$199,464,849
98$288,881,236$0$0$219,587,897
99$318,038,828$0$0$241,756,491
100$350,160,783$0$0$266,179,056