Can I retire at age 41 with 1,920,000?

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 $1,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$158,552$157,140$155,762$154,417$153,103$152,202
2 years$78,491$77,029$75,612$74,239$72,906$71,997
3 years$51,808$50,339$48,926$47,566$46,255$45,366
4 years$38,468$37,005$35,606$34,268$32,989$32,127
5 years$30,467$29,012$27,632$26,321$25,078$24,246
6 years$25,135$23,691$22,330$21,049$19,843$19,042
7 years$21,327$19,895$18,557$17,306$16,138$15,367
8 years$18,473$17,054$15,738$14,517$13,388$12,648
9 years$16,254$14,849$13,555$12,366$11,275$10,566
10 years$14,480$13,088$11,817$10,659$9,607$8,928
11 years$13,029$11,652$10,404$9,277$8,262$7,614
12 years$11,822$10,458$9,233$8,137$7,160$6,541
13 years$10,800$9,451$8,249$7,184$6,243$5,653
14 years$9,926$8,591$7,412$6,377$5,473$4,911
15 years$9,168$7,848$6,692$5,687$4,819$4,284
16 years$8,506$7,200$6,067$5,092$4,259$3,751
17 years$7,923$6,631$5,521$4,575$3,776$3,294
18 years$7,405$6,127$5,040$4,123$3,358$2,901
19 years$6,942$5,679$4,614$3,726$2,993$2,560
20 years$6,525$5,277$4,234$3,374$2,673$2,264
21 years$6,149$4,915$3,895$3,062$2,392$2,006
22 years$5,808$4,588$3,590$2,784$2,144$1,779
23 years$5,497$4,291$3,314$2,536$1,925$1,581
24 years$5,212$4,021$3,065$2,313$1,730$1,406
25 years$4,950$3,773$2,839$2,112$1,557$1,252
26 years$4,709$3,546$2,633$1,931$1,402$1,115
27 years$4,486$3,337$2,445$1,768$1,264$995
28 years$4,279$3,145$2,273$1,620$1,141$888
29 years$4,087$2,967$2,115$1,485$1,030$793
30 years$3,908$2,802$1,970$1,363$931$708
31 years$3,741$2,649$1,837$1,252$841$633
32 years$3,585$2,506$1,714$1,151$761$566
33 years$3,438$2,373$1,600$1,058$689$507
34 years$3,301$2,249$1,495$973$624$453
35 years$3,171$2,134$1,398$896$565$406
36 years$3,049$2,025$1,308$825$512$363
37 years$2,934$1,923$1,224$760$464$326
38 years$2,825$1,828$1,146$701$421$292
39 years$2,723$1,738$1,074$646$381$261
40 years$2,625$1,654$1,006$596$346$234
41 years$2,532$1,574$944$550$314$210
42 years$2,444$1,499$885$508$285$188
43 years$2,361$1,428$831$469$258$169
44 years$2,281$1,362$780$433$235$151
45 years$2,205$1,298$732$400$213$136
46 years$2,133$1,239$688$369$193$122
47 years$2,064$1,182$646$341$176$109
48 years$1,998$1,128$607$315$159$98
49 years$1,935$1,078$571$291$145$88
50 years$1,875$1,029$536$269$132$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,920,000, adding $3,200 every year, while hoping to spend $30,128 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: 76/18/6 Blend
40$1,920,000$1,920,000$1,920,000$1,920,000
41$2,119,141$2,017,381$1,987,621$2,278,705
42$2,303,237$2,084,177$2,022,150$2,450,767
43$2,505,102$2,153,235$2,056,826$2,635,112
44$2,726,515$2,224,637$2,091,623$2,836,281
45$2,969,438$2,298,462$2,126,511$3,055,932
46$3,236,030$2,374,797$2,161,459$3,295,888
47$3,528,672$2,453,729$2,196,435$3,558,155
48$3,849,985$2,535,350$2,231,403$3,844,945
49$4,202,855$2,619,753$2,266,327$4,158,691
50$4,590,463$2,707,038$2,301,165$4,502,072
51$5,016,313$2,797,306$2,335,877$4,878,042
52$5,484,265$2,890,662$2,370,417$5,289,848
53$5,998,571$2,987,215$2,404,737$5,741,070
54$6,563,916$3,087,079$2,438,787$6,235,651
55$7,185,461$3,190,372$2,472,512$6,777,932
56$7,868,893$3,297,215$2,505,855$7,372,695
57$8,620,475$3,407,734$2,538,757$8,025,207
58$9,447,112$3,522,061$2,571,153$8,741,269
59$10,356,406$3,640,331$2,602,976$9,527,274
60$11,356,738$3,762,686$2,634,154$10,390,259
61$12,457,339$3,889,271$2,664,612$11,337,981
62$13,668,381$4,020,239$2,694,270$12,378,982
63$15,001,072$4,155,746$2,723,044$13,522,674
64$16,467,761$4,295,957$2,750,845$14,779,425
65$18,082,054$4,441,041$2,777,580$16,160,656
66$19,858,944$4,591,172$2,803,150$17,678,953
67$21,814,951$4,746,535$2,827,451$19,348,179
68$23,968,279$4,907,318$2,850,373$21,183,608
69$26,338,984$5,073,717$2,871,801$23,202,069
70$28,949,169$5,245,937$2,891,615$25,422,104
71$31,823,186$5,424,190$2,909,685$27,864,142
72$34,987,870$5,608,695$2,925,880$30,550,690
73$38,472,793$5,799,680$2,940,056$33,506,549
74$42,310,536$5,997,383$2,952,066$36,759,044
75$46,537,004$6,202,049$2,961,754$40,338,283
76$51,191,763$6,413,934$2,968,957$44,277,439
77$56,318,409$6,633,302$2,973,503$48,613,066
78$61,964,982$6,860,430$2,975,211$53,385,441
79$68,184,422$7,095,602$2,973,893$58,638,942
80$75,035,064$7,339,118$2,969,349$64,422,472
81$82,581,190$7,591,284$2,961,371$70,789,912
82$90,893,636$7,852,421$2,949,742$77,800,638
83$100,050,460$8,122,864$2,934,232$85,520,073
84$110,137,679$8,402,956$2,914,601$94,020,309
85$121,250,080$8,693,058$2,890,597$103,380,783
86$133,492,114$8,993,544$2,861,958$113,689,032
87$146,978,882$9,304,801$2,828,407$125,041,510
88$161,837,225$9,627,232$2,789,654$137,544,508
89$178,206,913$9,961,257$2,745,399$151,315,147
90$196,241,971$10,307,312$2,695,323$166,482,489
91$216,112,130$10,665,849$2,639,094$183,188,752
92$238,004,431$11,037,339$2,576,367$201,590,655
93$262,124,985$11,422,270$2,506,778$221,860,889
94$288,700,925$11,821,153$2,429,947$244,189,757
95$317,982,545$12,234,516$2,345,476$268,786,961
96$350,245,666$12,662,908$2,252,950$295,883,583
97$385,794,236$13,106,902$2,151,936$325,734,268
98$424,963,200$13,567,092$2,041,978$358,619,624
99$468,121,664$14,044,097$1,922,601$394,848,873
100$515,676,376$14,538,561$1,793,311$434,762,766