Can I retire at age 41 with 1,990,000?

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 $1,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$164,332$162,869$161,440$160,046$158,685$156,443
2 years$81,353$79,838$78,369$76,945$75,564$73,310
3 years$53,696$52,175$50,710$49,300$47,941$45,744
4 years$39,871$38,354$36,904$35,518$34,192$32,070
5 years$31,578$30,070$28,639$27,281$25,992$23,951
6 years$26,051$24,554$23,145$21,817$20,567$18,608
7 years$22,105$20,621$19,233$17,937$16,726$14,852
8 years$19,146$17,676$16,311$15,047$13,876$12,085
9 years$16,847$15,390$14,049$12,816$11,686$9,977
10 years$15,008$13,565$12,248$11,048$9,957$8,330
11 years$13,504$12,077$10,783$9,615$8,563$7,016
12 years$12,253$10,839$9,570$8,434$7,421$5,952
13 years$11,194$9,796$8,550$7,446$6,471$5,078
14 years$10,288$8,904$7,682$6,609$5,672$4,353
15 years$9,503$8,134$6,936$5,894$4,994$3,747
16 years$8,816$7,463$6,288$5,278$4,414$3,236
17 years$8,212$6,873$5,722$4,742$3,914$2,802
18 years$7,675$6,351$5,224$4,274$3,480$2,433
19 years$7,195$5,886$4,782$3,862$3,102$2,116
20 years$6,763$5,469$4,389$3,497$2,771$1,844
21 years$6,374$5,095$4,037$3,174$2,479$1,610
22 years$6,020$4,756$3,720$2,886$2,222$1,407
23 years$5,697$4,448$3,435$2,628$1,995$1,231
24 years$5,402$4,167$3,177$2,397$1,793$1,078
25 years$5,131$3,911$2,943$2,189$1,614$945
26 years$4,881$3,676$2,729$2,002$1,453$829
27 years$4,649$3,459$2,534$1,832$1,310$727
28 years$4,435$3,259$2,356$1,679$1,182$639
29 years$4,236$3,075$2,192$1,539$1,068$561
30 years$4,051$2,904$2,042$1,413$965$493
31 years$3,878$2,745$1,904$1,298$872$434
32 years$3,716$2,598$1,776$1,192$789$382
33 years$3,564$2,460$1,658$1,097$714$336
34 years$3,421$2,331$1,550$1,009$646$296
35 years$3,287$2,211$1,449$929$586$260
36 years$3,161$2,099$1,355$855$530$229
37 years$3,041$1,993$1,269$788$481$202
38 years$2,928$1,894$1,188$726$436$178
39 years$2,822$1,801$1,113$670$395$157
40 years$2,721$1,714$1,043$618$359$138
41 years$2,625$1,632$978$570$325$122
42 years$2,534$1,554$918$526$295$107
43 years$2,447$1,480$861$486$268$94
44 years$2,364$1,411$808$448$243$83
45 years$2,286$1,346$759$414$221$73
46 years$2,211$1,284$713$382$200$65
47 years$2,139$1,225$670$353$182$57
48 years$2,071$1,170$629$327$165$50
49 years$2,006$1,117$591$302$150$44
50 years$1,943$1,067$556$279$136$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,990,000, adding $4,756 every year, while hoping to spend $57,156 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: 31/44/25 Blend
40$1,990,000$1,990,000$1,990,000$1,990,000
41$2,197,886$2,092,416$2,061,571$2,248,974
42$2,361,257$2,134,131$2,069,820$2,330,215
43$2,539,376$2,175,974$2,076,430$2,412,203
44$2,733,687$2,217,891$2,081,285$2,499,307
45$2,945,780$2,259,825$2,084,265$2,592,012
46$3,177,403$2,301,710$2,085,242$2,690,854
47$3,430,484$2,343,480$2,084,083$2,796,425
48$3,707,142$2,385,059$2,080,648$2,909,378
49$4,009,712$2,426,368$2,074,791$3,030,437
50$4,340,763$2,467,321$2,066,358$3,160,401
51$4,703,127$2,507,826$2,055,187$3,300,152
52$5,099,920$2,547,783$2,041,109$3,450,666
53$5,534,573$2,587,086$2,023,948$3,613,019
54$6,010,867$2,625,620$2,003,517$3,788,404
55$6,532,963$2,663,263$1,979,623$3,978,134
56$7,105,446$2,699,884$1,952,061$4,183,663
57$7,733,365$2,735,342$1,920,618$4,406,597
58$8,422,281$2,769,487$1,885,072$4,648,708
59$9,178,321$2,802,158$1,845,189$4,911,955
60$10,008,231$2,833,185$1,800,724$5,198,501
61$10,919,444$2,862,385$1,751,422$5,510,734
62$11,920,147$2,889,562$1,697,015$5,851,294
63$13,019,360$2,914,509$1,637,223$6,223,092
64$14,227,019$2,937,004$1,571,754$6,629,346
65$15,554,069$2,956,811$1,500,302$7,073,607
66$17,012,569$2,973,679$1,422,547$7,559,796
67$18,615,803$2,987,342$1,338,154$8,092,242
68$20,378,408$2,997,514$1,246,775$8,675,724
69$22,316,507$3,003,895$1,148,044$9,315,517
70$24,447,868$3,006,162$1,041,580$10,017,444
71$26,792,062$3,003,976$926,984$10,787,930
72$29,370,654$2,996,973$803,841$11,634,070
73$32,207,407$2,984,770$671,715$12,563,690
74$35,328,497$2,966,959$530,152$13,585,428
75$38,762,771$2,943,107$378,680$14,708,817
76$42,542,010$2,912,755$216,802$15,944,374
77$46,701,232$2,875,417$44,002$17,303,705
78$51,279,023$2,830,578$0$18,799,615
79$56,317,898$2,777,692$0$20,483,684
80$61,864,704$2,716,178$0$22,349,004
81$67,971,059$2,645,426$0$24,401,175
82$74,693,840$2,564,786$0$26,659,328
83$82,095,722$2,473,570$0$29,144,554
84$90,245,764$2,371,054$0$31,880,109
85$99,220,063$2,256,466$0$34,891,633
86$109,102,472$2,128,995$0$38,207,395
87$119,985,388$1,987,780$0$41,858,561
88$131,970,626$1,831,910$0$45,879,493
89$145,170,382$1,660,425$0$50,308,072
90$159,708,282$1,472,308$0$55,186,063
91$175,720,560$1,266,484$0$60,559,507
92$193,357,335$1,041,819$0$66,479,162
93$212,784,029$797,114$0$73,000,986
94$234,182,929$531,102$0$80,186,664
95$257,754,908$242,446$0$88,104,199
96$283,721,316$0$0$96,828,557
97$312,326,072$0$0$106,476,396
98$343,837,967$0$0$117,234,546
99$378,553,197$0$0$129,086,800
100$416,798,158$0$0$142,144,655