Can I retire at age 42 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$146,165$144,863$143,593$142,353$141,142$139,436
2 years$72,359$71,011$69,705$68,439$67,211$65,494
3 years$47,760$46,407$45,104$43,849$42,641$40,967
4 years$35,463$34,114$32,824$31,591$30,412$28,793
5 years$28,087$26,746$25,473$24,265$23,119$21,560
6 years$23,171$21,840$20,586$19,405$18,293$16,796
7 years$19,661$18,341$17,107$15,954$14,877$13,443
8 years$17,030$15,722$14,508$13,383$12,342$10,970
9 years$14,984$13,689$12,496$11,400$10,394$9,084
10 years$13,349$12,066$10,894$9,827$8,856$7,607
11 years$12,012$10,741$9,591$8,552$7,616$6,427
12 years$10,898$9,641$8,512$7,501$6,600$5,469
13 years$9,957$8,713$7,605$6,623$5,756$4,682
14 years$9,150$7,920$6,833$5,879$5,045$4,027
15 years$8,452$7,235$6,169$5,243$4,442$3,478
16 years$7,842$6,638$5,593$4,694$3,926$3,014
17 years$7,304$6,113$5,090$4,218$3,481$2,619
18 years$6,826$5,649$4,646$3,801$3,095$2,282
19 years$6,399$5,235$4,253$3,435$2,759$1,993
20 years$6,016$4,865$3,904$3,111$2,464$1,743
21 years$5,669$4,531$3,590$2,823$2,205$1,527
22 years$5,354$4,230$3,309$2,567$1,977$1,339
23 years$5,067$3,956$3,055$2,338$1,774$1,176
24 years$4,805$3,707$2,826$2,132$1,595$1,034
25 years$4,563$3,478$2,617$1,947$1,435$910
26 years$4,341$3,269$2,427$1,780$1,293$801
27 years$4,135$3,077$2,254$1,630$1,166$706
28 years$3,945$2,899$2,095$1,493$1,052$623
29 years$3,768$2,735$1,950$1,369$950$549
30 years$3,603$2,583$1,816$1,257$858$485
31 years$3,449$2,442$1,693$1,154$776$428
32 years$3,305$2,310$1,580$1,061$702$378
33 years$3,170$2,188$1,475$975$635$334
34 years$3,043$2,074$1,378$897$575$295
35 years$2,924$1,967$1,289$826$521$261
36 years$2,811$1,867$1,205$761$472$231
37 years$2,705$1,773$1,128$701$428$204
38 years$2,605$1,685$1,057$646$388$181
39 years$2,510$1,602$990$596$352$160
40 years$2,420$1,524$928$550$319$141
41 years$2,335$1,451$870$507$289$125
42 years$2,253$1,382$816$468$263$111
43 years$2,176$1,317$766$432$238$98
44 years$2,103$1,255$719$399$216$87
45 years$2,033$1,197$675$368$196$77
46 years$1,966$1,142$634$340$178$68
47 years$1,903$1,090$596$314$162$60
48 years$1,842$1,040$560$290$147$53
49 years$1,784$993$526$268$134$47
50 years$1,728$949$495$248$121$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,770,000, adding $2,376 every year, while hoping to spend $42,280 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: 62/17/21 Blend
41$1,770,000$1,770,000$1,770,000$1,770,000
42$1,952,991$1,859,181$1,831,746$2,063,269
43$2,107,210$1,905,295$1,848,124$2,184,145
44$2,275,743$1,952,252$1,863,633$2,311,145
45$2,460,005$2,000,048$1,878,201$2,448,840
46$2,661,553$2,048,678$1,891,748$2,598,277
47$2,882,104$2,098,136$1,904,195$2,760,610
48$3,123,547$2,148,413$1,915,454$2,937,109
49$3,387,963$2,199,499$1,925,435$3,129,175
50$3,677,642$2,251,382$1,934,044$3,338,350
51$3,995,108$2,304,046$1,941,181$3,566,334
52$4,343,139$2,357,474$1,946,741$3,815,000
53$4,724,796$2,411,647$1,950,613$4,086,412
54$5,143,450$2,466,543$1,952,683$4,382,844
55$5,602,813$2,522,135$1,952,830$4,706,801
56$6,106,976$2,578,395$1,950,925$5,061,046
57$6,660,442$2,635,291$1,946,836$5,448,622
58$7,268,174$2,692,787$1,940,422$5,872,882
59$7,935,639$2,750,845$1,931,537$6,337,523
60$8,668,857$2,809,419$1,920,027$6,846,618
61$9,474,463$2,868,463$1,905,730$7,404,655
62$10,359,764$2,927,924$1,888,478$8,016,582
63$11,332,811$2,987,744$1,868,093$8,687,851
64$12,402,475$3,047,860$1,844,391$9,424,471
65$13,578,526$3,108,204$1,817,177$10,233,065
66$14,871,731$3,168,701$1,786,247$11,120,930
67$16,293,951$3,229,270$1,751,390$12,096,111
68$17,858,254$3,289,825$1,712,382$13,167,473
69$19,579,039$3,350,270$1,668,990$14,344,785
70$21,472,171$3,410,502$1,620,971$15,638,818
71$23,555,128$3,470,413$1,568,069$17,061,437
72$25,847,170$3,529,882$1,510,018$18,625,723
73$28,369,516$3,588,782$1,446,539$20,346,092
74$31,145,550$3,646,974$1,377,341$22,238,430
75$34,201,032$3,704,312$1,302,118$24,320,248
76$37,564,351$3,760,637$1,220,552$26,610,844
77$41,266,784$3,815,778$1,132,311$29,131,487
78$45,342,799$3,869,554$1,037,046$31,905,616
79$49,830,371$3,921,768$934,393$34,959,067
80$54,771,347$3,972,214$823,974$38,320,311
81$60,211,839$4,020,667$705,392$42,020,728
82$66,202,656$4,066,889$578,232$46,094,901
83$72,799,787$4,110,626$442,063$50,580,944
84$80,064,926$4,151,607$296,432$55,520,863
85$88,066,055$4,189,543$140,869$60,960,954
86$96,878,085$4,224,123$0$66,952,238
87$106,583,566$4,255,022$0$73,556,579
88$117,273,459$4,281,887$0$80,864,364
89$129,048,000$4,304,348$0$88,912,415
90$142,017,643$4,322,007$0$97,776,126
91$156,304,102$4,334,445$0$107,538,581
92$172,041,500$4,341,212$0$118,291,339
93$189,377,635$4,341,834$0$130,135,294
94$208,475,376$4,335,806$0$143,181,635
95$229,514,194$4,322,591$0$157,552,886
96$252,691,864$4,301,619$0$173,384,073
97$278,226,323$4,272,287$0$190,823,991
98$306,357,733$4,233,955$0$210,036,613
99$337,350,746$4,185,943$0$231,202,637
100$371,496,998$4,127,530$0$254,521,192