Can I retire at age 42 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$144,513$143,226$141,970$140,744$139,547$133,958
2 years$71,541$70,209$68,918$67,666$66,451$60,890
3 years$47,220$45,882$44,594$43,354$42,159$36,802
4 years$35,062$33,728$32,453$31,234$30,068$24,955
5 years$27,769$26,443$25,185$23,991$22,858$18,001
6 years$22,909$21,593$20,353$19,186$18,086$13,490
7 years$19,439$18,134$16,914$15,774$14,709$10,372
8 years$16,837$15,544$14,344$13,232$12,203$8,119
9 years$14,815$13,534$12,355$11,271$10,276$6,441
10 years$13,198$11,929$10,771$9,716$8,756$5,160
11 years$11,876$10,620$9,483$8,455$7,530$4,167
12 years$10,775$9,532$8,416$7,417$6,526$3,384
13 years$9,844$8,614$7,519$6,548$5,691$2,762
14 years$9,047$7,830$6,756$5,812$4,988$2,263
15 years$8,357$7,153$6,099$5,184$4,392$1,860
16 years$7,753$6,563$5,530$4,641$3,882$1,532
17 years$7,221$6,044$5,032$4,170$3,442$1,265
18 years$6,749$5,585$4,594$3,758$3,060$1,046
19 years$6,327$5,176$4,205$3,396$2,728$866
20 years$5,948$4,810$3,859$3,076$2,436$718
21 years$5,605$4,480$3,550$2,791$2,180$595
22 years$5,294$4,182$3,272$2,538$1,954$494
23 years$5,010$3,911$3,021$2,311$1,754$411
24 years$4,750$3,665$2,794$2,108$1,577$341
25 years$4,512$3,439$2,588$1,925$1,419$284
26 years$4,292$3,232$2,400$1,760$1,278$236
27 years$4,089$3,042$2,229$1,611$1,152$196
28 years$3,900$2,866$2,072$1,476$1,040$164
29 years$3,725$2,704$1,928$1,354$939$136
30 years$3,562$2,554$1,796$1,242$848$113
31 years$3,410$2,414$1,674$1,141$767$94
32 years$3,268$2,284$1,562$1,049$694$79
33 years$3,134$2,163$1,458$964$628$65
34 years$3,009$2,050$1,363$887$568$55
35 years$2,891$1,945$1,274$817$515$45
36 years$2,779$1,846$1,192$752$467$38
37 years$2,674$1,753$1,116$693$423$32
38 years$2,575$1,666$1,045$639$383$26
39 years$2,481$1,584$979$589$348$22
40 years$2,393$1,507$917$543$315$18
41 years$2,308$1,435$860$501$286$15
42 years$2,228$1,366$807$463$260$13
43 years$2,152$1,302$757$427$236$11
44 years$2,079$1,241$711$394$214$9
45 years$2,010$1,183$667$364$194$7
46 years$1,944$1,129$627$336$176$6
47 years$1,881$1,077$589$311$160$5
48 years$1,821$1,028$553$287$145$4
49 years$1,764$982$520$265$132$4
50 years$1,709$938$489$245$120$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,750,000, adding $5,337 every year, while hoping to spend $55,901 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: 51/36/13 Blend
41$1,750,000$1,750,000$1,750,000$1,750,000
42$1,934,005$1,841,255$1,814,130$2,025,611
43$2,071,795$1,871,998$1,815,425$2,119,646
44$2,221,767$1,902,375$1,814,890$2,215,471
45$2,385,103$1,932,306$1,812,405$2,318,381
46$2,563,105$1,961,712$1,807,842$2,429,061
47$2,757,208$1,990,501$1,801,071$2,548,266
48$2,968,988$2,018,581$1,791,952$2,676,826
49$3,200,182$2,045,848$1,780,339$2,815,660
50$3,452,701$2,072,195$1,766,081$2,965,782
51$3,728,649$2,097,505$1,749,017$3,128,308
52$4,030,342$2,121,654$1,728,980$3,304,471
53$4,360,331$2,144,510$1,705,796$3,495,631
54$4,721,425$2,165,931$1,679,280$3,703,289
55$5,116,714$2,185,766$1,649,240$3,929,099
56$5,549,605$2,203,854$1,615,475$4,174,888
57$6,023,847$2,220,025$1,577,776$4,442,671
58$6,543,570$2,234,096$1,535,921$4,734,670
59$7,113,320$2,245,873$1,489,681$5,053,337
60$7,738,108$2,255,150$1,438,815$5,401,377
61$8,423,450$2,261,708$1,383,070$5,781,774
62$9,175,422$2,265,312$1,322,183$6,197,821
63$10,000,718$2,265,715$1,255,879$6,653,148
64$10,906,711$2,262,655$1,183,871$7,151,761
65$11,901,521$2,255,851$1,105,856$7,698,079
66$12,994,096$2,245,006$1,021,521$8,296,976
67$14,194,289$2,229,807$930,538$8,953,828
68$15,512,958$2,209,919$832,563$9,674,565
69$16,962,064$2,184,989$727,237$10,465,726
70$18,554,781$2,154,641$614,187$11,334,526
71$20,305,627$2,118,477$493,021$12,288,921
72$22,230,595$2,076,076$363,331$13,337,685
73$24,347,304$2,026,992$224,690$14,490,496
74$26,675,167$1,970,752$76,655$15,758,025
75$29,235,572$1,906,856$0$17,152,043
76$32,052,083$1,834,775$0$18,696,809
77$35,150,665$1,753,949$0$20,407,436
78$38,559,924$1,663,783$0$22,289,133
79$42,311,379$1,563,652$0$24,359,378
80$46,439,762$1,452,893$0$26,637,439
81$50,983,337$1,330,804$0$29,144,557
82$55,984,268$1,196,644$0$31,904,149
83$61,489,014$1,049,630$0$34,942,029
84$67,548,766$888,935$0$38,286,655
85$74,219,930$713,683$0$41,969,398
86$81,564,662$522,952$0$46,024,840
87$89,651,446$315,765$0$50,491,103
88$98,555,748$91,093$0$55,410,211
89$108,360,725$0$0$60,828,489
90$119,158,006$0$0$66,857,273
91$131,048,562$0$0$73,536,478
92$144,143,652$0$0$80,892,545
93$158,565,878$0$0$88,994,373
94$174,450,337$0$0$97,917,888
95$191,945,899$0$0$107,746,753
96$211,216,610$0$0$118,573,162
97$232,443,239$0$0$130,498,706
98$255,824,984$0$0$143,635,334
99$281,581,351$0$0$158,106,410
100$309,954,228$0$0$174,047,874