Can I retire at age 42 with 1,700,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$140,384$139,134$137,914$136,723$135,560$132,823
2 years$69,497$68,203$66,949$65,732$64,553$61,807
3 years$45,871$44,571$43,320$42,115$40,955$38,286
4 years$34,061$32,765$31,526$30,342$29,209$26,639
5 years$26,976$25,688$24,465$23,305$22,204$19,739
6 years$22,255$20,976$19,772$18,637$17,570$15,212
7 years$18,883$17,616$16,430$15,323$14,289$12,039
8 years$16,356$15,100$13,934$12,854$11,854$9,712
9 years$14,392$13,147$12,002$10,949$9,983$7,947
10 years$12,821$11,589$10,463$9,438$8,506$6,574
11 years$11,537$10,317$9,212$8,214$7,315$5,485
12 years$10,467$9,260$8,175$7,205$6,339$4,608
13 years$9,563$8,368$7,304$6,361$5,528$3,893
14 years$8,788$7,606$6,563$5,646$4,846$3,304
15 years$8,118$6,949$5,925$5,035$4,267$2,815
16 years$7,532$6,375$5,372$4,509$3,771$2,405
17 years$7,015$5,871$4,888$4,051$3,343$2,061
18 years$6,556$5,425$4,462$3,651$2,973$1,770
19 years$6,146$5,028$4,085$3,299$2,650$1,523
20 years$5,778$4,672$3,749$2,988$2,367$1,312
21 years$5,445$4,352$3,448$2,712$2,118$1,132
22 years$5,142$4,063$3,178$2,465$1,899$978
23 years$4,867$3,800$2,935$2,245$1,704$846
24 years$4,615$3,560$2,714$2,048$1,532$732
25 years$4,383$3,341$2,514$1,870$1,378$634
26 years$4,169$3,140$2,331$1,710$1,242$550
27 years$3,972$2,955$2,165$1,565$1,119$477
28 years$3,789$2,784$2,013$1,434$1,010$414
29 years$3,619$2,627$1,873$1,315$912$359
30 years$3,460$2,481$1,744$1,207$824$312
31 years$3,313$2,345$1,626$1,108$745$271
32 years$3,174$2,219$1,517$1,019$674$235
33 years$3,044$2,101$1,417$937$610$204
34 years$2,923$1,992$1,324$862$552$178
35 years$2,808$1,889$1,238$793$500$154
36 years$2,700$1,793$1,158$731$453$134
37 years$2,598$1,703$1,084$673$411$117
38 years$2,502$1,618$1,015$621$372$102
39 years$2,411$1,539$951$572$338$88
40 years$2,324$1,464$891$528$306$77
41 years$2,242$1,394$836$487$278$67
42 years$2,164$1,327$784$449$252$58
43 years$2,090$1,265$736$415$229$51
44 years$2,020$1,206$690$383$208$44
45 years$1,953$1,150$648$354$189$38
46 years$1,889$1,097$609$327$171$33
47 years$1,828$1,047$572$302$155$29
48 years$1,769$999$538$279$141$25
49 years$1,713$954$505$258$128$22
50 years$1,660$911$475$238$116$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,700,000, adding $4,440 every year, while hoping to spend $31,476 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: 87/7/6 Blend
41$1,700,000$1,700,000$1,700,000$1,700,000
42$1,877,980$1,787,880$1,761,530$2,040,580
43$2,036,044$1,841,996$1,787,051$2,201,263
44$2,209,175$1,897,708$1,812,372$2,373,012
45$2,398,877$1,955,063$1,837,453$2,560,756
46$2,606,807$2,014,105$1,862,252$2,766,086
47$2,834,788$2,074,883$1,886,724$2,990,750
48$3,084,828$2,137,444$1,910,821$3,236,674
49$3,359,141$2,201,839$1,934,494$3,505,981
50$3,660,163$2,268,119$1,957,689$3,801,008
51$3,990,578$2,336,335$1,980,350$4,124,328
52$4,353,344$2,406,542$2,002,419$4,478,777
53$4,751,717$2,478,795$2,023,832$4,867,478
54$5,189,286$2,553,150$2,044,524$5,293,871
55$5,670,003$2,629,664$2,064,425$5,761,746
56$6,198,223$2,708,397$2,083,463$6,275,278
57$6,778,742$2,789,408$2,101,559$6,839,064
58$7,416,845$2,872,761$2,118,633$7,458,172
59$8,118,356$2,958,519$2,134,600$8,138,183
60$8,889,687$3,046,745$2,149,368$8,885,247
61$9,737,907$3,137,508$2,162,844$9,706,138
62$10,670,802$3,230,874$2,174,927$10,608,321
63$11,696,950$3,326,913$2,185,514$11,600,018
64$12,825,804$3,425,697$2,194,494$12,690,291
65$14,067,778$3,527,298$2,201,751$13,889,122
66$15,434,346$3,631,790$2,207,164$15,207,510
67$16,938,150$3,739,249$2,210,605$16,657,575
68$18,593,123$3,849,753$2,211,942$18,252,669
69$20,414,611$3,963,381$2,211,032$20,007,506
70$22,419,529$4,080,214$2,207,729$21,938,298
71$24,626,511$4,200,335$2,201,878$24,062,907
72$27,056,091$4,323,828$2,193,317$26,401,017
73$29,730,896$4,450,778$2,181,876$28,974,315
74$32,675,855$4,581,274$2,167,377$31,806,701
75$35,918,441$4,715,406$2,149,633$34,924,507
76$39,488,925$4,853,263$2,128,448$38,356,750
77$43,420,663$4,994,940$2,103,618$42,135,404
78$47,750,409$5,140,531$2,074,929$46,295,702
79$52,518,666$5,290,133$2,042,154$50,876,468
80$57,770,064$5,443,843$2,005,060$55,920,483
81$63,553,780$5,601,761$1,963,399$61,474,888
82$69,924,007$5,763,989$1,916,915$67,591,633
83$76,940,462$5,930,630$1,865,337$74,327,960
84$84,668,947$6,101,789$1,808,384$81,746,948
85$93,181,976$6,277,573$1,745,761$89,918,107
86$102,559,452$6,458,088$1,677,158$98,918,036
87$112,889,428$6,643,446$1,602,255$108,831,140
88$124,268,931$6,833,758$1,520,713$119,750,432
89$136,804,885$7,029,135$1,432,180$131,778,411
90$150,615,113$7,229,692$1,336,287$145,028,023
91$165,829,452$7,435,544$1,232,650$159,623,734
92$182,590,979$7,646,809$1,120,867$175,702,702
93$201,057,360$7,863,603$1,000,517$193,416,071
94$221,402,338$8,086,047$871,161$212,930,396
95$243,817,373$8,314,260$732,342$234,429,219
96$268,513,449$8,548,363$583,580$258,114,800
97$295,723,067$8,788,478$424,375$284,210,022
98$325,702,435$9,034,729$254,207$312,960,501
99$358,733,890$9,287,237$72,529$344,636,901
100$395,128,562$9,546,128$0$379,537,489