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

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$142,862$141,589$140,348$139,136$137,953$136,683
2 years$70,724$69,406$68,130$66,892$65,692$64,412
3 years$46,681$45,358$44,085$42,859$41,678$40,428
4 years$34,662$33,343$32,082$30,877$29,725$28,515
5 years$27,452$26,141$24,897$23,717$22,596$21,430
6 years$22,647$21,346$20,121$18,966$17,880$16,758
7 years$19,217$17,927$16,720$15,593$14,541$13,464
8 years$16,645$15,366$14,180$13,081$12,063$11,032
9 years$14,646$13,379$12,213$11,142$10,159$9,172
10 years$13,047$11,793$10,648$9,604$8,656$7,714
11 years$11,740$10,499$9,374$8,359$7,444$6,546
12 years$10,652$9,423$8,319$7,332$6,451$5,595
13 years$9,732$8,516$7,433$6,473$5,626$4,811
14 years$8,943$7,741$6,678$5,746$4,931$4,158
15 years$8,261$7,071$6,030$5,124$4,342$3,608
16 years$7,665$6,488$5,467$4,588$3,837$3,142
17 years$7,139$5,975$4,975$4,123$3,402$2,744
18 years$6,672$5,521$4,541$3,715$3,025$2,402
19 years$6,255$5,117$4,157$3,357$2,697$2,108
20 years$5,880$4,755$3,815$3,040$2,409$1,853
21 years$5,541$4,429$3,509$2,759$2,155$1,632
22 years$5,233$4,134$3,234$2,509$1,932$1,439
23 years$4,953$3,867$2,986$2,285$1,734$1,271
24 years$4,696$3,623$2,762$2,084$1,559$1,123
25 years$4,460$3,400$2,558$1,903$1,403$994
26 years$4,243$3,195$2,372$1,740$1,264$880
27 years$4,042$3,007$2,203$1,593$1,139$780
28 years$3,856$2,834$2,048$1,459$1,028$692
29 years$3,683$2,673$1,906$1,338$928$614
30 years$3,522$2,525$1,775$1,228$839$545
31 years$3,371$2,387$1,655$1,128$758$484
32 years$3,230$2,258$1,544$1,037$686$430
33 years$3,098$2,139$1,442$953$621$382
34 years$2,974$2,027$1,347$877$562$340
35 years$2,858$1,922$1,259$807$509$302
36 years$2,748$1,825$1,178$744$461$269
37 years$2,644$1,733$1,103$685$418$239
38 years$2,546$1,647$1,033$632$379$213
39 years$2,453$1,566$968$582$344$189
40 years$2,365$1,490$907$537$312$169
41 years$2,282$1,418$850$496$283$150
42 years$2,203$1,351$798$457$257$134
43 years$2,127$1,287$748$422$233$119
44 years$2,055$1,227$703$390$211$106
45 years$1,987$1,170$660$360$192$94
46 years$1,922$1,116$620$333$174$84
47 years$1,860$1,065$582$307$158$75
48 years$1,800$1,017$547$284$144$67
49 years$1,743$971$514$262$130$59
50 years$1,689$927$483$242$119$53

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 $3,178 every year, while hoping to spend $33,067 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: 77/18/5 Blend
41$1,730,000$1,730,000$1,730,000$1,730,000
42$1,909,738$1,818,048$1,791,233$2,056,043
43$2,069,348$1,871,949$1,816,056$2,206,364
44$2,244,131$1,927,384$1,840,603$2,366,508
45$2,435,597$1,984,391$1,864,829$2,541,093
46$2,645,415$2,043,012$1,888,687$2,731,538
47$2,875,417$2,103,290$1,912,128$2,939,405
48$3,127,625$2,165,267$1,935,099$3,166,415
49$3,404,264$2,228,986$1,957,547$3,414,461
50$3,707,785$2,294,493$1,979,411$3,685,628
51$4,040,888$2,361,832$2,000,630$3,982,214
52$4,406,548$2,431,051$2,021,140$4,306,747
53$4,808,040$2,502,196$2,040,872$4,662,012
54$5,248,972$2,575,316$2,059,754$5,051,078
55$5,733,321$2,650,460$2,077,709$5,477,323
56$6,265,466$2,727,679$2,094,658$5,944,468
57$6,850,230$2,807,022$2,110,517$6,456,613
58$7,492,930$2,888,542$2,125,195$7,018,273
59$8,199,421$2,972,293$2,138,601$7,634,422
60$8,976,153$3,058,326$2,150,635$8,310,539
61$9,830,234$3,146,698$2,161,195$9,052,660
62$10,769,495$3,237,463$2,170,172$9,867,435
63$11,802,562$3,330,677$2,177,452$10,762,189
64$12,938,941$3,426,398$2,182,914$11,744,992
65$14,189,106$3,524,684$2,186,434$12,824,736
66$15,564,594$3,625,594$2,187,880$14,011,217
67$17,078,121$3,729,186$2,187,112$15,315,227
68$18,743,695$3,835,521$2,183,985$16,748,657
69$20,576,750$3,944,661$2,178,347$18,324,609
70$22,594,295$4,056,665$2,170,039$20,057,517
71$24,815,069$4,171,598$2,158,891$21,963,286
72$27,259,721$4,289,521$2,144,729$24,059,440
73$29,951,004$4,410,499$2,127,368$26,365,289
74$32,913,987$4,534,594$2,106,615$28,902,108
75$36,176,295$4,661,871$2,082,269$31,693,340
76$39,768,369$4,792,394$2,054,117$34,764,816
77$43,723,751$4,926,230$2,021,938$38,144,998
78$48,079,400$5,063,442$1,985,499$41,865,249
79$52,876,044$5,204,095$1,944,559$45,960,128
80$58,158,561$5,348,257$1,898,862$50,467,716
81$63,976,404$5,495,990$1,848,143$55,429,973
82$70,384,064$5,647,361$1,792,123$60,893,137
83$77,441,592$5,802,435$1,730,512$66,908,159
84$85,215,155$5,961,275$1,663,005$73,531,183
85$93,777,669$6,123,945$1,589,284$80,824,076
86$103,209,482$6,290,510$1,509,016$88,855,013
87$113,599,135$6,461,030$1,421,853$97,699,117
88$125,044,194$6,635,568$1,327,433$107,439,171
89$137,652,175$6,814,184$1,225,375$118,166,398
90$151,541,554$6,996,936$1,115,282$129,981,321
91$166,842,889$7,183,882$996,741$142,994,713
92$183,700,048$7,375,078$869,317$157,328,641
93$202,271,573$7,570,577$732,558$173,117,621
94$222,732,168$7,770,429$585,994$190,509,882
95$245,274,354$7,974,685$429,129$209,668,770
96$270,110,283$8,183,389$261,450$230,774,287
97$297,473,742$8,396,586$82,419$254,024,791
98$327,622,359$8,614,313$0$279,638,869
99$360,840,032$8,836,608$0$307,863,194
100$397,439,615$9,063,501$0$338,962,481