Can I retire at age 41 with 1,710,000?

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 $1,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$141,210$139,952$138,725$137,527$136,358$131,051
2 years$69,906$68,604$67,342$66,119$64,932$59,650
3 years$46,141$44,834$43,575$42,363$41,196$36,104
4 years$34,261$32,957$31,711$30,520$29,381$24,519
5 years$27,135$25,839$24,609$23,442$22,335$17,715
6 years$22,385$21,099$19,888$18,747$17,673$13,298
7 years$18,994$17,719$16,527$15,413$14,373$10,241
8 years$16,452$15,189$14,016$12,930$11,924$8,031
9 years$14,476$13,225$12,072$11,013$10,041$6,383
10 years$12,896$11,657$10,525$9,493$8,556$5,124
11 years$11,604$10,377$9,266$8,262$7,358$4,145
12 years$10,529$9,314$8,223$7,247$6,377$3,374
13 years$9,619$8,417$7,347$6,398$5,560$2,759
14 years$8,840$7,651$6,601$5,679$4,874$2,265
15 years$8,166$6,989$5,960$5,065$4,292$1,865
16 years$7,576$6,413$5,404$4,535$3,793$1,540
17 years$7,056$5,906$4,917$4,075$3,363$1,274
18 years$6,595$5,457$4,489$3,672$2,990$1,056
19 years$6,182$5,058$4,109$3,318$2,665$876
20 years$5,812$4,700$3,771$3,005$2,381$728
21 years$5,477$4,378$3,469$2,727$2,131$605
22 years$5,173$4,086$3,197$2,480$1,910$504
23 years$4,895$3,822$2,952$2,258$1,714$420
24 years$4,642$3,581$2,730$2,060$1,541$350
25 years$4,409$3,361$2,529$1,881$1,386$291
26 years$4,194$3,158$2,345$1,720$1,249$243
27 years$3,995$2,972$2,178$1,574$1,126$203
28 years$3,811$2,801$2,024$1,443$1,016$169
29 years$3,640$2,642$1,884$1,323$917$141
30 years$3,481$2,495$1,755$1,214$829$118
31 years$3,332$2,359$1,636$1,115$749$98
32 years$3,193$2,232$1,526$1,025$678$82
33 years$3,062$2,114$1,425$942$614$69
34 years$2,940$2,003$1,332$867$555$57
35 years$2,825$1,900$1,245$798$503$48
36 years$2,716$1,804$1,165$735$456$40
37 years$2,613$1,713$1,090$677$413$33
38 years$2,516$1,628$1,021$624$375$28
39 years$2,425$1,548$956$576$340$23
40 years$2,338$1,473$896$531$308$19
41 years$2,255$1,402$841$490$280$16
42 years$2,177$1,335$788$452$254$14
43 years$2,103$1,272$740$417$230$11
44 years$2,032$1,213$694$385$209$9
45 years$1,964$1,156$652$356$190$8
46 years$1,900$1,103$612$329$172$7
47 years$1,838$1,053$575$304$156$6
48 years$1,780$1,005$541$281$142$5
49 years$1,723$960$508$259$129$4
50 years$1,670$917$478$240$117$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,710,000, adding $5,056 every year, while hoping to spend $31,535 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: 24/48/28 Blend
40$1,710,000$1,710,000$1,710,000$1,710,000
41$1,889,635$1,799,005$1,772,500$1,918,233
42$2,048,825$1,853,604$1,798,326$1,997,525
43$2,223,195$1,909,820$1,823,960$2,079,427
44$2,414,261$1,967,701$1,849,363$2,166,518
45$2,623,691$2,027,294$1,874,492$2,259,250
46$2,853,323$2,088,647$1,899,302$2,358,122
47$3,105,181$2,151,809$1,923,748$2,463,679
48$3,381,494$2,216,832$1,947,778$2,576,524
49$3,684,718$2,283,769$1,971,340$2,697,316
50$4,017,557$2,352,672$1,994,378$2,826,781
51$4,382,992$2,423,596$2,016,834$2,965,719
52$4,784,303$2,496,599$2,038,644$3,115,008
53$5,225,108$2,571,738$2,059,744$3,275,615
54$5,709,387$2,649,072$2,080,064$3,448,602
55$6,241,530$2,728,662$2,099,532$3,635,139
56$6,826,370$2,810,570$2,118,070$3,836,515
57$7,469,231$2,894,859$2,135,597$4,054,147
58$8,175,982$2,981,596$2,152,028$4,289,593
59$8,953,085$3,070,848$2,167,274$4,544,573
60$9,807,662$3,162,681$2,181,240$4,820,976
61$10,747,559$3,257,168$2,193,827$5,120,884
62$11,781,419$3,354,379$2,204,930$5,446,589
63$12,918,769$3,454,388$2,214,439$5,800,617
64$14,170,100$3,557,270$2,222,240$6,185,746
65$15,546,977$3,663,103$2,228,212$6,605,039
66$17,062,138$3,771,964$2,232,226$7,061,868
67$18,729,621$3,883,935$2,234,150$7,559,948
68$20,564,892$3,999,098$2,233,844$8,103,370
69$22,584,993$4,117,536$2,231,160$8,696,642
70$24,808,703$4,239,336$2,225,945$9,344,728
71$27,256,712$4,364,585$2,218,036$10,053,099
72$29,951,821$4,493,373$2,207,264$10,827,780
73$32,919,150$4,625,792$2,193,451$11,675,412
74$36,186,383$4,761,936$2,176,411$12,603,308
75$39,784,022$4,901,899$2,155,949$13,619,528
76$43,745,680$5,045,779$2,131,860$14,732,952
77$48,108,392$5,193,675$2,103,930$15,953,363
78$52,912,972$5,345,689$2,071,936$17,291,541
79$58,204,390$5,501,923$2,035,641$18,759,365
80$64,032,204$5,662,483$1,994,801$20,369,923
81$70,451,020$5,827,476$1,949,158$22,137,638
82$77,521,013$5,997,011$1,898,444$24,078,401
83$85,308,491$6,171,199$1,842,376$26,209,725
84$93,886,521$6,350,153$1,780,660$28,550,906
85$103,335,623$6,533,987$1,712,989$31,123,209
86$113,744,523$6,722,818$1,639,040$33,950,066
87$125,210,993$6,916,765$1,558,477$37,057,298
88$137,842,776$7,115,948$1,470,947$40,473,360
89$151,758,598$7,320,489$1,376,084$44,229,609
90$167,089,295$7,530,512$1,273,502$48,360,598
91$183,979,039$7,746,143$1,162,800$52,904,405
92$202,586,706$7,967,509$1,043,559$57,902,995
93$223,087,371$8,194,739$915,340$63,402,607
94$245,673,965$8,427,963$777,685$69,454,203
95$270,559,089$8,667,313$630,118$76,113,939
96$297,977,027$8,912,922$472,137$83,443,702
97$328,185,953$9,164,924$303,223$91,511,690
98$361,470,370$9,423,456$122,831$100,393,061
99$398,143,796$9,688,653$0$110,170,637
100$438,551,720$9,960,654$0$120,956,511