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

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$144,513$143,226$141,970$140,744$139,547$134,811
2 years$71,541$70,209$68,918$67,666$66,451$61,727
3 years$47,220$45,882$44,594$43,354$42,159$37,595
4 years$35,062$33,728$32,453$31,234$30,068$25,700
5 years$27,769$26,443$25,185$23,991$22,858$18,696
6 years$22,909$21,593$20,353$19,186$18,086$14,135
7 years$19,439$18,134$16,914$15,774$14,709$10,967
8 years$16,837$15,544$14,344$13,232$12,203$8,667
9 years$14,815$13,534$12,355$11,271$10,276$6,943
10 years$13,198$11,929$10,771$9,716$8,756$5,620
11 years$11,876$10,620$9,483$8,455$7,530$4,585
12 years$10,775$9,532$8,416$7,417$6,526$3,764
13 years$9,844$8,614$7,519$6,548$5,691$3,106
14 years$9,047$7,830$6,756$5,812$4,988$2,573
15 years$8,357$7,153$6,099$5,184$4,392$2,139
16 years$7,753$6,563$5,530$4,641$3,882$1,783
17 years$7,221$6,044$5,032$4,170$3,442$1,489
18 years$6,749$5,585$4,594$3,758$3,060$1,246
19 years$6,327$5,176$4,205$3,396$2,728$1,044
20 years$5,948$4,810$3,859$3,076$2,436$876
21 years$5,605$4,480$3,550$2,791$2,180$736
22 years$5,294$4,182$3,272$2,538$1,954$619
23 years$5,010$3,911$3,021$2,311$1,754$521
24 years$4,750$3,665$2,794$2,108$1,577$438
25 years$4,512$3,439$2,588$1,925$1,419$369
26 years$4,292$3,232$2,400$1,760$1,278$311
27 years$4,089$3,042$2,229$1,611$1,152$262
28 years$3,900$2,866$2,072$1,476$1,040$221
29 years$3,725$2,704$1,928$1,354$939$186
30 years$3,562$2,554$1,796$1,242$848$157
31 years$3,410$2,414$1,674$1,141$767$133
32 years$3,268$2,284$1,562$1,049$694$112
33 years$3,134$2,163$1,458$964$628$95
34 years$3,009$2,050$1,363$887$568$80
35 years$2,891$1,945$1,274$817$515$67
36 years$2,779$1,846$1,192$752$467$57
37 years$2,674$1,753$1,116$693$423$48
38 years$2,575$1,666$1,045$639$383$41
39 years$2,481$1,584$979$589$348$34
40 years$2,393$1,507$917$543$315$29
41 years$2,308$1,435$860$501$286$24
42 years$2,228$1,366$807$463$260$21
43 years$2,152$1,302$757$427$236$17
44 years$2,079$1,241$711$394$214$15
45 years$2,010$1,183$667$364$194$12
46 years$1,944$1,129$627$336$176$10
47 years$1,881$1,077$589$311$160$9
48 years$1,821$1,028$553$287$145$7
49 years$1,764$982$520$265$132$6
50 years$1,709$938$489$245$120$5

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 $5,066 every year, while hoping to spend $31,679 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: 71/12/17 Blend
41$1,750,000$1,750,000$1,750,000$1,750,000
42$1,933,726$1,840,976$1,813,851$2,062,973
43$2,097,259$1,897,477$1,840,908$2,206,062
44$2,276,412$1,955,686$1,867,811$2,358,377
45$2,472,743$2,015,651$1,894,519$2,524,323
46$2,687,970$2,077,425$1,920,993$2,705,244
47$2,923,984$2,141,061$1,947,188$2,902,617
48$3,182,871$2,206,613$1,973,059$3,118,073
49$3,466,924$2,274,137$1,998,556$3,353,405
50$3,778,671$2,343,691$2,023,629$3,610,591
51$4,120,897$2,415,334$2,048,223$3,891,806
52$4,496,670$2,489,126$2,072,279$4,199,448
53$4,909,368$2,565,131$2,095,738$4,536,158
54$5,362,714$2,643,412$2,118,535$4,904,845
55$5,860,807$2,724,036$2,140,603$5,308,715
56$6,408,165$2,807,069$2,161,869$5,751,297
57$7,009,765$2,892,583$2,182,259$6,236,481
58$7,671,089$2,980,647$2,201,692$6,768,552
59$8,398,177$3,071,336$2,220,086$7,352,230
60$9,197,685$3,164,725$2,237,352$7,992,716
61$10,076,943$3,260,891$2,253,398$8,695,741
62$11,044,030$3,359,914$2,268,126$9,467,618
63$12,107,846$3,461,874$2,281,433$10,315,302
64$13,278,197$3,566,857$2,293,212$11,246,459
65$14,565,887$3,674,947$2,303,349$12,269,532
66$15,982,822$3,786,233$2,311,724$13,393,826
67$17,542,116$3,900,806$2,318,214$14,629,594
68$19,258,224$4,018,757$2,322,686$15,988,133
69$21,147,069$4,140,182$2,325,002$17,481,889
70$23,226,199$4,265,180$2,325,018$19,124,578
71$25,514,946$4,393,849$2,322,582$20,931,315
72$28,034,616$4,526,293$2,317,534$22,918,753
73$30,808,682$4,662,616$2,309,706$25,105,242
74$33,863,011$4,802,928$2,298,925$27,511,004
75$37,226,104$4,947,337$2,285,005$30,158,321
76$40,929,369$5,095,959$2,267,754$33,071,748
77$45,007,412$5,248,908$2,246,971$36,278,340
78$49,498,367$5,406,304$2,222,444$39,807,913
79$54,444,256$5,568,268$2,193,952$43,693,322
80$59,891,383$5,734,926$2,161,262$47,970,771
81$65,890,772$5,906,406$2,124,132$52,680,156
82$72,498,649$6,082,838$2,082,309$57,865,442
83$79,776,970$6,264,356$2,035,525$63,575,074
84$87,794,009$6,451,097$1,983,503$69,862,441
85$96,624,999$6,643,202$1,925,951$76,786,373
86$106,352,844$6,840,814$1,862,566$84,411,701
87$117,068,900$7,044,080$1,793,028$92,809,865
88$128,873,838$7,253,150$1,717,004$102,059,595
89$141,878,593$7,468,178$1,634,148$112,247,645
90$156,205,411$7,689,320$1,544,093$123,469,621
91$171,989,003$7,916,737$1,446,461$135,830,876
92$189,377,817$8,150,593$1,340,853$149,447,510
93$208,535,437$8,391,054$1,226,854$164,447,463
94$229,642,129$8,638,293$1,104,030$180,971,724
95$252,896,539$8,892,482$971,928$199,175,661
96$278,517,573$9,153,801$830,075$219,230,489
97$306,746,458$9,422,430$677,975$241,324,887
98$337,849,022$9,698,555$515,113$265,666,776
99$372,118,203$9,982,364$340,949$292,485,286
100$409,876,810$10,274,050$154,922$322,032,915