Can I retire at age 42 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$142,862$141,589$140,348$139,136$137,953$133,111
2 years$70,724$69,406$68,130$66,892$65,692$60,865
3 years$46,681$45,358$44,085$42,859$41,678$37,017
4 years$34,662$33,343$32,082$30,877$29,725$25,266
5 years$27,452$26,141$24,897$23,717$22,596$18,351
6 years$22,647$21,346$20,121$18,966$17,880$13,851
7 years$19,217$17,927$16,720$15,593$14,541$10,729
8 years$16,645$15,366$14,180$13,081$12,063$8,464
9 years$14,646$13,379$12,213$11,142$10,159$6,768
10 years$13,047$11,793$10,648$9,604$8,656$5,467
11 years$11,740$10,499$9,374$8,359$7,444$4,452
12 years$10,652$9,423$8,319$7,332$6,451$3,648
13 years$9,732$8,516$7,433$6,473$5,626$3,004
14 years$8,943$7,741$6,678$5,746$4,931$2,483
15 years$8,261$7,071$6,030$5,124$4,342$2,060
16 years$7,665$6,488$5,467$4,588$3,837$1,713
17 years$7,139$5,975$4,975$4,123$3,402$1,428
18 years$6,672$5,521$4,541$3,715$3,025$1,192
19 years$6,255$5,117$4,157$3,357$2,697$997
20 years$5,880$4,755$3,815$3,040$2,409$834
21 years$5,541$4,429$3,509$2,759$2,155$699
22 years$5,233$4,134$3,234$2,509$1,932$586
23 years$4,953$3,867$2,986$2,285$1,734$492
24 years$4,696$3,623$2,762$2,084$1,559$413
25 years$4,460$3,400$2,558$1,903$1,403$347
26 years$4,243$3,195$2,372$1,740$1,264$292
27 years$4,042$3,007$2,203$1,593$1,139$246
28 years$3,856$2,834$2,048$1,459$1,028$207
29 years$3,683$2,673$1,906$1,338$928$174
30 years$3,522$2,525$1,775$1,228$839$146
31 years$3,371$2,387$1,655$1,128$758$123
32 years$3,230$2,258$1,544$1,037$686$104
33 years$3,098$2,139$1,442$953$621$87
34 years$2,974$2,027$1,347$877$562$73
35 years$2,858$1,922$1,259$807$509$62
36 years$2,748$1,825$1,178$744$461$52
37 years$2,644$1,733$1,103$685$418$44
38 years$2,546$1,647$1,033$632$379$37
39 years$2,453$1,566$968$582$344$31
40 years$2,365$1,490$907$537$312$26
41 years$2,282$1,418$850$496$283$22
42 years$2,203$1,351$798$457$257$19
43 years$2,127$1,287$748$422$233$16
44 years$2,055$1,227$703$390$211$13
45 years$1,987$1,170$660$360$192$11
46 years$1,922$1,116$620$333$174$9
47 years$1,860$1,065$582$307$158$8
48 years$1,800$1,017$547$284$144$7
49 years$1,743$971$514$262$130$6
50 years$1,689$927$483$242$119$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,730,000, adding $2,020 every year, while hoping to spend $37,862 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: 43/47/10 Blend
41$1,730,000$1,730,000$1,730,000$1,730,000
42$1,908,544$1,816,854$1,790,039$1,985,000
43$2,062,930$1,865,595$1,809,720$2,087,198
44$2,231,795$1,915,455$1,828,792$2,193,860
45$2,416,576$1,966,449$1,847,194$2,308,555
46$2,618,853$2,018,592$1,864,862$2,432,035
47$2,840,371$2,071,898$1,881,729$2,565,126
48$3,083,046$2,126,378$1,897,724$2,708,735
49$3,348,993$2,182,047$1,912,774$2,863,862
50$3,640,537$2,238,915$1,926,799$3,031,608
51$3,960,243$2,296,992$1,939,718$3,213,183
52$4,310,932$2,356,289$1,951,443$3,409,922
53$4,695,714$2,416,814$1,961,883$3,623,292
54$5,118,014$2,478,575$1,970,943$3,854,911
55$5,581,603$2,541,576$1,978,521$4,106,557
56$6,090,636$2,605,824$1,984,512$4,380,192
57$6,649,693$2,671,321$1,988,804$4,677,976
58$7,263,814$2,738,068$1,991,282$5,002,285
59$7,938,554$2,806,065$1,991,821$5,355,740
60$8,680,034$2,875,310$1,990,295$5,741,226
61$9,494,995$2,945,797$1,986,567$6,161,922
62$10,390,865$3,017,521$1,980,497$6,621,329
63$11,375,825$3,090,472$1,971,936$7,123,305
64$12,458,892$3,164,638$1,960,728$7,672,100
65$13,649,998$3,240,004$1,946,711$8,272,398
66$14,960,086$3,316,552$1,929,714$8,929,356
67$16,401,213$3,394,262$1,909,558$9,648,661
68$17,986,664$3,473,108$1,886,056$10,436,575
69$19,731,076$3,553,062$1,859,010$11,300,000
70$21,650,575$3,634,091$1,828,217$12,246,541
71$23,762,931$3,716,160$1,793,460$13,284,578
72$26,087,724$3,799,226$1,754,515$14,423,346
73$28,646,527$3,883,242$1,711,146$15,673,020
74$31,463,110$3,968,158$1,663,106$17,044,813
75$34,563,665$4,053,916$1,610,138$18,551,082
76$37,977,053$4,140,452$1,551,972$20,205,444
77$41,735,076$4,227,698$1,488,327$22,022,906
78$45,872,774$4,315,576$1,418,906$24,020,003
79$50,428,760$4,404,002$1,343,403$26,214,960
80$55,445,582$4,492,886$1,261,495$28,627,861
81$60,970,121$4,582,127$1,172,845$31,280,837
82$67,054,040$4,671,618$1,077,102$34,198,278
83$73,754,265$4,761,240$973,897$37,407,066
84$81,133,525$4,850,866$862,848$40,936,822
85$89,260,944$4,940,358$743,553$44,820,191
86$98,212,691$5,029,567$615,593$49,093,152
87$108,072,702$5,118,331$478,531$53,795,353
88$118,933,466$5,206,478$331,911$58,970,490
89$130,896,905$5,293,821$175,255$64,666,717
90$144,075,329$5,380,158$8,066$70,937,104
91$158,592,502$5,465,275$0$77,840,138
92$174,584,803$5,548,939$0$85,458,451
93$192,202,518$5,630,903$0$93,847,001
94$211,611,258$5,710,900$0$103,083,269
95$232,993,517$5,788,645$0$113,253,593
96$256,550,401$5,863,834$0$124,453,117
97$282,503,521$5,936,141$0$136,786,695
98$311,097,087$6,005,218$0$150,369,875
99$342,600,209$6,070,693$0$165,329,994
100$377,309,443$6,132,170$0$181,807,383