Can I retire at age 42 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$136,255$135,042$133,858$132,702$131,573$129,983
2 years$67,453$66,197$64,979$63,799$62,654$61,054
3 years$44,522$43,260$42,046$40,877$39,750$38,189
4 years$33,059$31,801$30,599$29,449$28,350$26,841
5 years$26,183$24,932$23,746$22,620$21,551$20,098
6 years$21,600$20,359$19,190$18,089$17,053$15,657
7 years$18,328$17,098$15,947$14,872$13,869$12,531
8 years$15,875$14,656$13,524$12,476$11,505$10,226
9 years$13,968$12,761$11,649$10,627$9,689$8,468
10 years$12,444$11,248$10,156$9,160$8,256$7,091
11 years$11,197$10,013$8,941$7,972$7,100$5,991
12 years$10,159$8,987$7,935$6,993$6,153$5,099
13 years$9,281$8,122$7,089$6,174$5,365$4,364
14 years$8,530$7,383$6,370$5,480$4,703$3,754
15 years$7,879$6,744$5,751$4,887$4,141$3,242
16 years$7,310$6,188$5,214$4,376$3,660$2,810
17 years$6,809$5,699$4,745$3,932$3,245$2,442
18 years$6,363$5,266$4,331$3,543$2,885$2,127
19 years$5,966$4,880$3,965$3,202$2,572$1,857
20 years$5,608$4,535$3,639$2,900$2,297$1,625
21 years$5,285$4,224$3,347$2,632$2,056$1,423
22 years$4,991$3,943$3,085$2,393$1,843$1,249
23 years$4,724$3,688$2,848$2,179$1,654$1,097
24 years$4,479$3,455$2,634$1,988$1,487$964
25 years$4,254$3,243$2,440$1,815$1,338$848
26 years$4,047$3,048$2,263$1,660$1,205$747
27 years$3,855$2,868$2,101$1,519$1,086$658
28 years$3,677$2,703$1,953$1,392$980$581
29 years$3,512$2,550$1,818$1,276$885$512
30 years$3,359$2,408$1,693$1,171$800$452
31 years$3,215$2,276$1,578$1,076$723$399
32 years$3,081$2,154$1,473$989$654$353
33 years$2,955$2,040$1,375$909$592$312
34 years$2,837$1,933$1,285$837$536$275
35 years$2,725$1,834$1,201$770$485$243
36 years$2,621$1,740$1,124$709$440$215
37 years$2,522$1,653$1,052$653$399$190
38 years$2,428$1,571$985$602$361$168
39 years$2,340$1,494$923$555$328$149
40 years$2,256$1,421$865$512$297$132
41 years$2,176$1,353$811$473$270$117
42 years$2,101$1,288$761$436$245$103
43 years$2,029$1,228$714$403$222$91
44 years$1,960$1,170$670$372$202$81
45 years$1,895$1,116$629$343$183$72
46 years$1,833$1,064$591$317$166$63
47 years$1,774$1,016$555$293$151$56
48 years$1,717$970$522$271$137$50
49 years$1,663$926$490$250$124$44
50 years$1,611$885$461$231$113$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,650,000, adding $5,200 every year, while hoping to spend $53,275 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: 88/7/5 Blend
41$1,650,000$1,650,000$1,650,000$1,650,000
42$1,823,664$1,736,214$1,710,639$1,983,895
43$1,952,993$1,764,604$1,711,261$2,117,316
44$2,093,729$1,792,600$1,710,119$2,255,962
45$2,246,978$1,820,126$1,707,096$2,406,617
46$2,413,958$1,847,101$1,702,072$2,570,449
47$2,596,011$1,873,438$1,694,921$2,748,747
48$2,794,612$1,899,044$1,685,508$2,942,927
49$3,011,384$1,923,819$1,673,695$3,154,552
50$3,248,117$1,947,658$1,659,336$3,385,338
51$3,506,779$1,970,447$1,642,277$3,637,180
52$3,789,535$1,992,064$1,622,358$3,912,161
53$4,098,772$2,012,379$1,599,412$4,212,577
54$4,437,117$2,031,256$1,573,262$4,540,955
55$4,807,461$2,048,545$1,543,724$4,900,082
56$5,212,989$2,064,092$1,510,606$5,293,023
57$5,657,210$2,077,727$1,473,707$5,723,158
58$6,143,984$2,089,275$1,432,815$6,194,209
59$6,677,566$2,098,545$1,387,710$6,710,275
60$7,262,641$2,105,337$1,338,161$7,275,873
61$7,904,368$2,109,436$1,283,928$7,895,980
62$8,608,431$2,110,616$1,224,756$8,576,077
63$9,381,089$2,108,634$1,160,384$9,322,204
64$10,229,239$2,103,236$1,090,536$10,141,014
65$11,160,475$2,094,148$1,014,922$11,039,840
66$12,183,164$2,081,082$933,243$12,026,758
67$13,306,524$2,063,733$845,184$13,110,669
68$14,540,708$2,041,774$750,416$14,301,378
69$15,896,901$2,014,863$648,597$15,609,691
70$17,387,428$1,982,633$539,367$17,047,512
71$19,025,862$1,944,699$422,353$18,627,959
72$20,827,162$1,900,651$297,164$20,365,488
73$22,807,806$1,850,056$163,391$22,276,025
74$24,985,947$1,792,454$20,610$24,377,121
75$27,381,589$1,727,360$0$26,688,116
76$30,016,770$1,654,259$0$29,237,348
77$32,915,770$1,572,607$0$32,042,901
78$36,105,342$1,481,829$0$35,129,576
79$39,614,964$1,381,315$0$38,525,915
80$43,477,114$1,270,424$0$42,263,366
81$47,727,579$1,148,473$0$46,376,585
82$52,405,788$1,014,745$0$50,903,756
83$57,555,190$868,478$0$55,886,958
84$63,223,657$708,871$0$61,372,557
85$69,463,939$535,076$0$67,411,647
86$76,334,162$346,195$0$74,060,528
87$83,898,371$141,284$0$81,381,242
88$92,227,141$0$0$89,442,154
89$101,398,236$0$0$98,324,815
90$111,497,347$0$0$108,118,304
91$122,618,896$0$0$118,903,305
92$134,866,932$0$0$130,780,721
93$148,356,105$0$0$143,861,735
94$163,212,756$0$0$158,268,866
95$179,576,101$0$0$174,137,121
96$197,599,551$0$0$191,615,270
97$217,452,152$0$0$210,867,250
98$239,320,189$0$0$232,073,709
99$263,408,935$0$0$255,433,714
100$289,944,593$0$0$281,166,627