Can I retire at age 41 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$140,384$139,134$137,914$136,723$135,560$133,866
2 years$69,497$68,203$66,949$65,732$64,553$62,848
3 years$45,871$44,571$43,320$42,115$40,955$39,293
4 years$34,061$32,765$31,526$30,342$29,209$27,602
5 years$26,976$25,688$24,465$23,305$22,204$20,658
6 years$22,255$20,976$19,772$18,637$17,570$16,084
7 years$18,883$17,616$16,430$15,323$14,289$12,866
8 years$16,356$15,100$13,934$12,854$11,854$10,493
9 years$14,392$13,147$12,002$10,949$9,983$8,684
10 years$12,821$11,589$10,463$9,438$8,506$7,268
11 years$11,537$10,317$9,212$8,214$7,315$6,137
12 years$10,467$9,260$8,175$7,205$6,339$5,219
13 years$9,563$8,368$7,304$6,361$5,528$4,464
14 years$8,788$7,606$6,563$5,646$4,846$3,838
15 years$8,118$6,949$5,925$5,035$4,267$3,312
16 years$7,532$6,375$5,372$4,509$3,771$2,868
17 years$7,015$5,871$4,888$4,051$3,343$2,491
18 years$6,556$5,425$4,462$3,651$2,973$2,169
19 years$6,146$5,028$4,085$3,299$2,650$1,892
20 years$5,778$4,672$3,749$2,988$2,367$1,654
21 years$5,445$4,352$3,448$2,712$2,118$1,448
22 years$5,142$4,063$3,178$2,465$1,899$1,269
23 years$4,867$3,800$2,935$2,245$1,704$1,114
24 years$4,615$3,560$2,714$2,048$1,532$978
25 years$4,383$3,341$2,514$1,870$1,378$860
26 years$4,169$3,140$2,331$1,710$1,242$757
27 years$3,972$2,955$2,165$1,565$1,119$667
28 years$3,789$2,784$2,013$1,434$1,010$587
29 years$3,619$2,627$1,873$1,315$912$518
30 years$3,460$2,481$1,744$1,207$824$457
31 years$3,313$2,345$1,626$1,108$745$403
32 years$3,174$2,219$1,517$1,019$674$356
33 years$3,044$2,101$1,417$937$610$314
34 years$2,923$1,992$1,324$862$552$277
35 years$2,808$1,889$1,238$793$500$245
36 years$2,700$1,793$1,158$731$453$216
37 years$2,598$1,703$1,084$673$411$191
38 years$2,502$1,618$1,015$621$372$169
39 years$2,411$1,539$951$572$338$149
40 years$2,324$1,464$891$528$306$132
41 years$2,242$1,394$836$487$278$117
42 years$2,164$1,327$784$449$252$103
43 years$2,090$1,265$736$415$229$91
44 years$2,020$1,206$690$383$208$81
45 years$1,953$1,150$648$354$189$71
46 years$1,889$1,097$609$327$171$63
47 years$1,828$1,047$572$302$155$56
48 years$1,769$999$538$279$141$49
49 years$1,713$954$505$258$128$44
50 years$1,660$911$475$238$116$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,700,000, adding $3,636 every year, while hoping to spend $28,660 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: 63/19/18 Blend
40$1,700,000$1,700,000$1,700,000$1,700,000
41$1,877,151$1,787,051$1,760,701$1,986,652
42$2,038,126$1,844,122$1,789,190$2,117,812
43$2,214,560$1,903,029$1,817,673$2,257,419
44$2,408,000$1,963,832$1,846,120$2,409,206
45$2,620,148$2,026,593$1,874,498$2,574,361
46$2,852,882$2,091,374$1,902,772$2,754,194
47$3,108,267$2,158,242$1,930,905$2,950,145
48$3,388,579$2,227,266$1,958,860$3,163,802
49$3,696,327$2,298,514$1,986,594$3,396,910
50$4,034,271$2,372,060$2,014,063$3,651,395
51$4,405,454$2,447,978$2,041,222$3,929,374
52$4,813,228$2,526,347$2,068,021$4,233,182
53$5,261,285$2,607,246$2,094,408$4,565,387
54$5,753,693$2,690,758$2,120,327$4,928,820
55$6,294,933$2,776,968$2,145,722$5,326,599
56$6,889,942$2,865,966$2,170,529$5,762,157
57$7,544,159$2,957,841$2,194,685$6,239,277
58$8,263,577$3,052,688$2,218,120$6,762,126
59$9,054,797$3,150,606$2,240,762$7,335,292
60$9,925,094$3,251,693$2,262,536$7,963,833
61$10,882,483$3,356,056$2,283,360$8,653,318
62$11,935,795$3,463,800$2,303,151$9,409,884
63$13,094,757$3,575,038$2,321,818$10,240,291
64$14,370,092$3,689,885$2,339,269$11,151,988
65$15,773,610$3,808,458$2,355,403$12,153,180
66$17,318,327$3,930,881$2,370,118$13,252,909
67$19,018,584$4,057,281$2,383,303$14,461,135
68$20,890,180$4,187,789$2,394,845$15,788,834
69$22,950,528$4,322,540$2,404,622$17,248,099
70$25,218,812$4,461,675$2,412,507$18,852,252
71$27,716,172$4,605,338$2,418,367$20,615,975
72$30,465,902$4,753,680$2,422,062$22,555,444
73$33,493,668$4,906,854$2,423,446$24,688,481
74$36,827,754$5,065,022$2,422,364$27,034,727
75$40,499,326$5,228,349$2,418,654$29,615,821
76$44,542,725$5,397,006$2,412,146$32,455,609
77$48,995,793$5,571,170$2,402,663$35,580,364
78$53,900,231$5,751,023$2,390,019$39,019,039
79$59,301,987$5,936,756$2,374,017$42,803,537
80$65,251,696$6,128,563$2,354,453$46,969,013
81$71,805,154$6,326,648$2,331,112$51,554,203
82$79,023,845$6,531,219$2,303,770$56,601,795
83$86,975,521$6,742,493$2,272,190$62,158,824
84$95,734,842$6,960,693$2,236,127$68,277,124
85$105,384,080$7,186,051$2,195,321$75,013,810
86$116,013,896$7,418,807$2,149,504$82,431,823
87$127,724,193$7,659,209$2,098,392$90,600,519
88$140,625,062$7,907,511$2,041,689$99,596,326
89$154,837,819$8,163,980$1,979,087$109,503,464
90$170,496,151$8,428,889$1,910,261$120,414,742
91$187,747,376$8,702,523$1,834,872$132,432,429
92$206,753,836$8,985,174$1,752,568$145,669,228
93$227,694,426$9,277,146$1,662,977$160,249,329
94$250,766,284$9,578,753$1,565,714$176,309,588
95$276,186,654$9,890,320$1,460,374$194,000,820
96$304,194,930$10,212,184$1,346,534$213,489,214
97$335,054,924$10,544,692$1,223,754$234,957,913
98$369,057,349$10,888,204$1,091,572$258,608,733
99$406,522,566$11,243,093$949,507$284,664,074
100$447,803,608$11,609,745$797,056$313,369,015