Can I retire at age 41 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$156,074$154,684$153,328$152,004$150,711$149,761
2 years$77,265$75,826$74,431$73,079$71,767$70,809
3 years$50,998$49,553$48,162$46,822$45,532$44,595
4 years$37,867$36,427$35,049$33,733$32,474$31,566
5 years$29,991$28,559$27,200$25,910$24,686$23,809
6 years$24,742$23,320$21,981$20,720$19,533$18,689
7 years$20,994$19,585$18,267$17,035$15,886$15,074
8 years$18,184$16,788$15,492$14,291$13,179$12,400
9 years$16,000$14,617$13,343$12,172$11,098$10,352
10 years$14,254$12,884$11,633$10,493$9,456$8,743
11 years$12,826$11,470$10,241$9,132$8,133$7,451
12 years$11,637$10,295$9,089$8,010$7,048$6,397
13 years$10,632$9,303$8,120$7,071$6,146$5,525
14 years$9,771$8,456$7,296$6,277$5,387$4,797
15 years$9,025$7,725$6,587$5,598$4,743$4,182
16 years$8,373$7,088$5,972$5,013$4,192$3,659
17 years$7,799$6,527$5,435$4,504$3,717$3,211
18 years$7,289$6,032$4,961$4,059$3,305$2,826
19 years$6,833$5,590$4,542$3,667$2,946$2,492
20 years$6,424$5,195$4,168$3,322$2,631$2,202
21 years$6,053$4,839$3,834$3,015$2,355$1,949
22 years$5,717$4,517$3,534$2,741$2,111$1,728
23 years$5,411$4,224$3,263$2,496$1,895$1,534
24 years$5,130$3,958$3,017$2,277$1,703$1,363
25 years$4,873$3,714$2,795$2,079$1,532$1,213
26 years$4,635$3,491$2,592$1,901$1,380$1,080
27 years$4,416$3,285$2,407$1,740$1,245$962
28 years$4,212$3,096$2,237$1,594$1,123$858
29 years$4,023$2,920$2,082$1,462$1,014$766
30 years$3,847$2,758$1,939$1,342$916$684
31 years$3,683$2,607$1,808$1,232$828$611
32 years$3,529$2,467$1,687$1,133$749$546
33 years$3,385$2,336$1,575$1,041$678$488
34 years$3,249$2,214$1,472$958$614$436
35 years$3,122$2,100$1,376$882$556$390
36 years$3,002$1,993$1,287$812$504$349
37 years$2,888$1,893$1,205$749$457$312
38 years$2,781$1,799$1,128$690$414$280
39 years$2,680$1,711$1,057$636$375$250
40 years$2,584$1,628$991$587$341$224
41 years$2,493$1,550$929$541$309$201
42 years$2,406$1,476$871$500$280$180
43 years$2,324$1,406$818$461$254$161
44 years$2,246$1,340$768$426$231$144
45 years$2,171$1,278$721$393$210$129
46 years$2,100$1,219$677$363$190$116
47 years$2,032$1,164$636$336$173$104
48 years$1,967$1,111$598$310$157$93
49 years$1,905$1,061$562$287$143$84
50 years$1,845$1,013$528$265$129$75

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,890,000, adding $2,494 every year, while hoping to spend $44,358 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: 49/33/18 Blend
40$1,890,000$1,890,000$1,890,000$1,890,000
41$2,085,353$1,985,183$1,955,888$2,176,927
42$2,250,862$2,035,260$1,974,213$2,290,636
43$2,431,767$2,086,304$1,991,666$2,409,345
44$2,629,590$2,138,317$2,008,170$2,537,352
45$2,846,010$2,191,295$2,023,645$2,675,547
46$3,082,872$2,245,239$2,038,007$2,824,911
47$3,342,212$2,300,142$2,051,167$2,986,524
48$3,626,268$2,356,000$2,063,032$3,161,578
49$3,937,507$2,412,803$2,073,503$3,351,382
50$4,278,646$2,470,543$2,082,478$3,557,381
51$4,652,675$2,529,207$2,089,849$3,781,165
52$5,062,890$2,588,781$2,095,500$4,024,489
53$5,512,919$2,649,246$2,099,314$4,289,283
54$6,006,761$2,710,582$2,101,165$4,577,675
55$6,548,817$2,772,767$2,100,921$4,892,011
56$7,143,938$2,835,774$2,098,443$5,234,876
57$7,797,466$2,899,574$2,093,587$5,609,116
58$8,515,287$2,964,132$2,086,202$6,017,870
59$9,303,883$3,029,412$2,076,127$6,464,596
60$10,170,398$3,095,372$2,063,196$6,953,106
61$11,122,699$3,161,965$2,047,233$7,487,600
62$12,169,454$3,229,142$2,028,056$8,072,708
63$13,320,214$3,296,846$2,005,471$8,713,530
64$14,585,501$3,365,015$1,979,279$9,415,691
65$15,976,905$3,433,584$1,949,268$10,185,387
66$17,507,198$3,502,479$1,915,217$11,029,449
67$19,190,452$3,571,620$1,876,897$11,955,404
68$21,042,169$3,640,921$1,834,064$12,971,549
69$23,079,432$3,710,287$1,786,467$14,087,029
70$25,321,061$3,779,618$1,733,840$15,311,922
71$27,787,793$3,848,803$1,675,908$16,657,336
72$30,502,478$3,917,724$1,612,380$18,135,515
73$33,490,290$3,986,253$1,542,955$19,759,954
74$36,778,971$4,054,250$1,467,315$21,545,524
75$40,399,087$4,121,569$1,385,131$23,508,618
76$44,384,317$4,188,049$1,296,056$25,667,305
77$48,771,773$4,253,520$1,199,730$28,041,495
78$53,602,348$4,317,796$1,095,775$30,653,139
79$58,921,101$4,380,682$983,796$33,526,424
80$64,777,683$4,441,965$863,383$36,688,014
81$71,226,805$4,501,419$734,105$40,167,291
82$78,328,754$4,558,804$595,513$43,996,644
83$86,149,962$4,613,860$447,137$48,211,767
84$94,763,631$4,666,312$288,489$52,852,003
85$104,250,425$4,715,865$119,057$57,960,711
86$114,699,230$4,762,204$0$63,585,680
87$126,207,994$4,804,995$0$69,791,443
88$138,884,649$4,843,879$0$76,649,360
89$152,848,132$4,878,478$0$84,200,634
90$168,229,503$4,908,385$0$92,515,892
91$185,173,186$4,933,170$0$101,672,972
92$203,838,330$4,952,374$0$111,757,650
93$224,400,308$4,965,509$0$122,864,457
94$247,052,378$4,972,058$0$135,097,565
95$272,007,502$4,971,469$0$148,571,780
96$299,500,355$4,963,159$0$163,413,618
97$329,789,544$4,946,507$0$179,762,507
98$363,160,045$4,920,853$0$197,772,097
99$399,925,894$4,885,499$0$217,611,721
100$440,433,151$4,839,704$0$239,467,985