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%11.7%
1 years$142,862$141,589$140,348$139,136$137,953$136,968
2 years$70,724$69,406$68,130$66,892$65,692$64,699
3 years$46,681$45,358$44,085$42,859$41,678$40,708
4 years$34,662$33,343$32,082$30,877$29,725$28,785
5 years$27,452$26,141$24,897$23,717$22,596$21,689
6 years$22,647$21,346$20,121$18,966$17,880$17,006
7 years$19,217$17,927$16,720$15,593$14,541$13,702
8 years$16,645$15,366$14,180$13,081$12,063$11,258
9 years$14,646$13,379$12,213$11,142$10,159$9,388
10 years$13,047$11,793$10,648$9,604$8,656$7,919
11 years$11,740$10,499$9,374$8,359$7,444$6,741
12 years$10,652$9,423$8,319$7,332$6,451$5,780
13 years$9,732$8,516$7,433$6,473$5,626$4,986
14 years$8,943$7,741$6,678$5,746$4,931$4,323
15 years$8,261$7,071$6,030$5,124$4,342$3,764
16 years$7,665$6,488$5,467$4,588$3,837$3,289
17 years$7,139$5,975$4,975$4,123$3,402$2,882
18 years$6,672$5,521$4,541$3,715$3,025$2,533
19 years$6,255$5,117$4,157$3,357$2,697$2,230
20 years$5,880$4,755$3,815$3,040$2,409$1,968
21 years$5,541$4,429$3,509$2,759$2,155$1,740
22 years$5,233$4,134$3,234$2,509$1,932$1,540
23 years$4,953$3,867$2,986$2,285$1,734$1,365
24 years$4,696$3,623$2,762$2,084$1,559$1,211
25 years$4,460$3,400$2,558$1,903$1,403$1,076
26 years$4,243$3,195$2,372$1,740$1,264$956
27 years$4,042$3,007$2,203$1,593$1,139$851
28 years$3,856$2,834$2,048$1,459$1,028$757
29 years$3,683$2,673$1,906$1,338$928$675
30 years$3,522$2,525$1,775$1,228$839$601
31 years$3,371$2,387$1,655$1,128$758$536
32 years$3,230$2,258$1,544$1,037$686$479
33 years$3,098$2,139$1,442$953$621$427
34 years$2,974$2,027$1,347$877$562$381
35 years$2,858$1,922$1,259$807$509$340
36 years$2,748$1,825$1,178$744$461$304
37 years$2,644$1,733$1,103$685$418$272
38 years$2,546$1,647$1,033$632$379$243
39 years$2,453$1,566$968$582$344$217
40 years$2,365$1,490$907$537$312$194
41 years$2,282$1,418$850$496$283$174
42 years$2,203$1,351$798$457$257$155
43 years$2,127$1,287$748$422$233$139
44 years$2,055$1,227$703$390$211$124
45 years$1,987$1,170$660$360$192$111
46 years$1,922$1,116$620$333$174$99
47 years$1,860$1,065$582$307$158$89
48 years$1,800$1,017$547$284$144$80
49 years$1,743$971$514$262$130$71
50 years$1,689$927$483$242$119$64

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 $3,888 every year, while hoping to spend $59,258 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: 77/5/18 Blend
41$1,730,000$1,730,000$1,730,000$1,730,000
42$1,910,470$1,818,780$1,791,965$2,049,516
43$2,042,288$1,844,851$1,788,946$2,168,010
44$2,185,566$1,870,212$1,783,840$2,290,140
45$2,341,409$1,894,768$1,776,514$2,422,482
46$2,511,034$1,918,414$1,766,829$2,566,039
47$2,695,782$1,941,038$1,754,640$2,721,913
48$2,897,126$1,962,523$1,739,794$2,891,322
49$3,116,687$1,982,741$1,722,132$3,075,606
50$3,356,252$2,001,558$1,701,486$3,276,240
51$3,617,785$2,018,829$1,677,681$3,494,853
52$3,903,448$2,034,401$1,650,532$3,733,238
53$4,215,624$2,048,111$1,619,849$3,993,371
54$4,556,933$2,059,784$1,585,430$4,277,430
55$4,930,262$2,069,235$1,547,064$4,587,817
56$5,338,789$2,076,268$1,504,531$4,927,176
57$5,786,014$2,080,674$1,457,601$5,298,423
58$6,275,790$2,082,229$1,406,033$5,704,772
59$6,812,360$2,080,698$1,349,575$6,149,766
60$7,400,398$2,075,830$1,287,963$6,637,307
61$8,045,052$2,067,358$1,220,922$7,171,698
62$8,751,989$2,055,000$1,148,165$7,757,681
63$9,527,453$2,038,457$1,069,390$8,400,483
64$10,378,322$2,017,410$984,283$9,105,864
65$11,312,170$1,991,522$892,516$9,880,174
66$12,337,341$1,960,437$793,745$10,730,410
67$13,463,027$1,923,775$687,612$11,664,285
68$14,699,351$1,881,136$573,743$12,690,300
69$16,057,469$1,832,095$451,747$13,817,825
70$17,549,665$1,776,203$321,216$15,057,186
71$19,189,478$1,712,983$181,723$16,419,767
72$20,991,819$1,641,933$32,825$17,918,110
73$22,973,116$1,562,520$0$19,566,044
74$25,151,469$1,474,179$0$21,403,021
75$27,546,821$1,376,315$0$23,429,925
76$30,181,140$1,268,298$0$25,659,054
77$33,078,632$1,149,461$0$28,110,912
78$36,265,968$1,019,100$0$30,808,093
79$39,772,531$876,470$0$33,775,489
80$43,630,699$720,786$0$37,040,532
81$47,876,142$551,217$0$40,633,447
82$52,548,167$366,885$0$44,587,539
83$57,690,081$166,863$0$48,939,509
84$63,349,603$0$0$53,729,794
85$69,579,313$0$0$59,005,699
86$76,437,147$0$0$64,823,739
87$83,986,944$0$0$71,228,902
88$92,299,045$0$0$78,280,875
89$101,450,963$0$0$86,045,429
90$111,528,105$0$0$94,595,034
91$122,624,583$0$0$104,009,547
92$134,844,101$0$0$114,376,964
93$148,300,932$0$0$125,794,249
94$163,120,996$0$0$138,368,247
95$179,443,047$0$0$152,216,698
96$197,419,985$0$0$167,469,340
97$217,220,293$0$0$184,269,137
98$239,029,632$0$0$202,773,628
99$263,052,589$0$0$223,156,412
100$289,514,609$0$0$245,608,785