Can I retire at age 41 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$153,597$152,229$150,894$149,591$148,319$142,943
2 years$76,038$74,622$73,250$71,919$70,628$65,271
3 years$50,189$48,766$47,397$46,079$44,809$39,639
4 years$37,266$35,848$34,493$33,197$31,958$27,015
5 years$29,515$28,106$26,768$25,499$24,294$19,590
6 years$24,349$22,950$21,633$20,392$19,223$14,762
7 years$20,661$19,274$17,977$16,765$15,634$11,415
8 years$17,896$16,521$15,246$14,064$12,970$8,989
9 years$15,746$14,385$13,131$11,979$10,922$7,175
10 years$14,027$12,679$11,448$10,326$9,306$5,785
11 years$12,622$11,288$10,079$8,987$8,004$4,702
12 years$11,452$10,131$8,945$7,883$6,936$3,845
13 years$10,463$9,156$7,991$6,959$6,048$3,159
14 years$9,615$8,322$7,180$6,178$5,302$2,607
15 years$8,882$7,602$6,483$5,509$4,668$2,157
16 years$8,241$6,975$5,878$4,933$4,126$1,790
17 years$7,675$6,424$5,348$4,432$3,658$1,489
18 years$7,173$5,936$4,882$3,994$3,253$1,240
19 years$6,725$5,501$4,470$3,609$2,899$1,035
20 years$6,322$5,112$4,102$3,269$2,590$864
21 years$5,957$4,762$3,773$2,967$2,317$722
22 years$5,626$4,445$3,477$2,697$2,077$605
23 years$5,325$4,157$3,211$2,457$1,865$506
24 years$5,049$3,895$2,969$2,241$1,676$424
25 years$4,795$3,655$2,750$2,046$1,508$356
26 years$4,562$3,435$2,551$1,871$1,358$298
27 years$4,346$3,233$2,369$1,713$1,225$250
28 years$4,146$3,047$2,202$1,569$1,105$210
29 years$3,959$2,874$2,049$1,439$998$176
30 years$3,786$2,714$1,909$1,321$902$148
31 years$3,624$2,566$1,779$1,213$815$124
32 years$3,473$2,428$1,660$1,115$737$104
33 years$3,331$2,299$1,550$1,025$667$88
34 years$3,198$2,179$1,448$943$604$74
35 years$3,072$2,067$1,354$868$547$62
36 years$2,954$1,962$1,267$800$496$52
37 years$2,843$1,863$1,186$737$449$44
38 years$2,737$1,771$1,110$679$407$37
39 years$2,637$1,684$1,040$626$369$31
40 years$2,543$1,602$975$577$335$26
41 years$2,453$1,525$914$533$304$22
42 years$2,368$1,452$858$492$276$18
43 years$2,287$1,384$805$454$250$15
44 years$2,210$1,319$755$419$227$13
45 years$2,136$1,258$709$387$206$11
46 years$2,066$1,200$666$358$187$9
47 years$2,000$1,145$626$330$170$8
48 years$1,936$1,093$588$305$154$6
49 years$1,874$1,044$553$282$140$5
50 years$1,816$997$520$261$127$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,860,000, adding $3,700 every year, while hoping to spend $56,998 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: 53/33/14 Blend
40$1,860,000$1,860,000$1,860,000$1,860,000
41$2,053,537$1,954,957$1,926,127$2,154,541
42$2,202,352$1,990,104$1,930,006$2,259,016
43$2,364,436$2,025,063$1,932,106$2,366,232
44$2,541,082$2,059,765$1,932,305$2,481,593
45$2,733,714$2,094,135$1,930,478$2,605,887
46$2,943,897$2,128,092$1,926,494$2,739,982
47$3,173,356$2,161,550$1,920,213$2,884,836
48$3,423,990$2,194,417$1,911,492$3,041,504
49$3,697,887$2,226,594$1,900,177$3,211,150
50$3,997,348$2,257,974$1,886,109$3,395,058
51$4,324,906$2,288,443$1,869,122$3,594,645
52$4,683,349$2,317,879$1,849,041$3,811,471
53$5,075,749$2,346,153$1,825,682$4,047,258
54$5,505,486$2,373,126$1,798,853$4,303,907
55$5,976,285$2,398,648$1,768,354$4,583,512
56$6,492,246$2,422,562$1,733,974$4,888,382
57$7,057,886$2,444,699$1,695,493$5,221,066
58$7,678,180$2,464,879$1,652,681$5,584,374
59$8,358,606$2,482,909$1,605,298$5,981,405
60$9,105,199$2,498,587$1,553,090$6,415,575
61$9,924,606$2,511,694$1,495,795$6,890,656
62$10,824,148$2,522,000$1,433,137$7,410,802
63$11,811,892$2,529,258$1,364,828$7,980,599
64$12,896,722$2,533,209$1,290,567$8,605,101
65$14,088,425$2,533,573$1,210,038$9,289,885
66$15,397,783$2,530,057$1,122,912$10,041,097
67$16,836,674$2,522,347$1,028,847$10,865,518
68$18,418,184$2,510,111$927,483$11,770,623
69$20,156,729$2,492,997$818,444$12,764,658
70$22,068,192$2,470,631$701,339$13,856,711
71$24,170,073$2,442,617$575,759$15,056,808
72$26,481,649$2,408,534$441,275$16,376,003
73$29,024,162$2,367,937$297,443$17,826,481
74$31,821,015$2,320,354$143,796$19,421,683
75$34,897,993$2,265,286$0$21,176,424
76$38,283,508$2,202,204$0$23,110,057
77$42,008,861$2,130,547$0$25,260,698
78$46,108,543$2,049,723$0$27,626,786
79$50,620,559$1,959,104$0$30,230,297
80$55,586,782$1,858,026$0$33,095,459
81$61,053,352$1,745,788$0$36,248,978
82$67,071,109$1,621,647$0$39,720,288
83$73,696,073$1,484,817$0$43,541,837
84$80,989,969$1,334,470$0$47,749,389
85$89,020,815$1,169,728$0$52,382,365
86$97,863,557$989,665$0$57,484,220
87$107,600,783$793,301$0$63,102,846
88$118,323,492$579,602$0$69,291,038
89$130,131,962$347,476$0$76,106,982
90$143,136,689$95,769$0$83,614,817
91$157,459,433$0$0$91,885,235
92$173,234,365$0$0$101,060,333
93$190,609,333$0$0$111,204,611
94$209,747,258$0$0$122,378,443
95$230,827,668$0$0$134,686,681
96$254,048,394$0$0$148,244,867
97$279,627,439$0$0$163,180,323
98$307,805,028$0$0$179,633,351
99$338,845,883$0$0$197,758,560
100$373,041,714$0$0$217,726,322