Can I retire at age 42 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$146,991$145,681$144,404$143,157$141,940$139,531
2 years$72,768$71,412$70,099$68,826$67,590$65,171
3 years$48,030$46,669$45,359$44,097$42,882$40,527
4 years$35,663$34,307$33,010$31,770$30,584$28,312
5 years$28,246$26,897$25,617$24,402$23,249$21,067
6 years$23,302$21,963$20,702$19,515$18,396$16,306
7 years$19,772$18,445$17,204$16,044$14,961$12,963
8 years$17,126$15,810$14,590$13,459$12,412$10,506
9 years$15,069$13,766$12,566$11,464$10,453$8,638
10 years$13,424$12,134$10,956$9,882$8,906$7,181
11 years$12,079$10,802$9,645$8,600$7,660$6,022
12 years$10,960$9,695$8,560$7,544$6,638$5,085
13 years$10,013$8,762$7,648$6,660$5,788$4,319
14 years$9,202$7,964$6,871$5,912$5,074$3,685
15 years$8,500$7,275$6,204$5,272$4,467$3,157
16 years$7,886$6,675$5,625$4,721$3,948$2,713
17 years$7,345$6,148$5,118$4,242$3,501$2,338
18 years$6,865$5,681$4,672$3,823$3,113$2,019
19 years$6,436$5,265$4,277$3,454$2,774$1,748
20 years$6,050$4,892$3,926$3,128$2,478$1,515
21 years$5,701$4,557$3,611$2,839$2,218$1,315
22 years$5,384$4,254$3,328$2,581$1,988$1,143
23 years$5,096$3,978$3,073$2,351$1,784$995
24 years$4,832$3,728$2,842$2,144$1,604$866
25 years$4,589$3,498$2,632$1,958$1,443$755
26 years$4,366$3,288$2,441$1,790$1,300$659
27 years$4,159$3,094$2,267$1,639$1,172$575
28 years$3,967$2,916$2,107$1,502$1,058$502
29 years$3,789$2,750$1,961$1,377$955$439
30 years$3,623$2,598$1,827$1,264$863$383
31 years$3,468$2,456$1,703$1,161$780$335
32 years$3,324$2,323$1,589$1,067$706$293
33 years$3,188$2,200$1,483$981$639$257
34 years$3,060$2,085$1,386$902$578$224
35 years$2,940$1,978$1,296$831$524$196
36 years$2,827$1,877$1,212$765$475$172
37 years$2,720$1,783$1,135$705$430$151
38 years$2,619$1,695$1,063$650$390$132
39 years$2,524$1,611$995$599$354$115
40 years$2,434$1,533$933$553$321$101
41 years$2,348$1,459$875$510$291$89
42 years$2,266$1,390$821$471$264$78
43 years$2,189$1,324$770$434$240$68
44 years$2,115$1,262$723$401$217$60
45 years$2,045$1,204$679$370$197$52
46 years$1,978$1,148$638$342$179$46
47 years$1,914$1,096$599$316$163$40
48 years$1,852$1,046$563$292$148$35
49 years$1,794$999$529$270$134$31
50 years$1,738$954$497$250$122$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,780,000, adding $3,183 every year, while hoping to spend $28,804 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: 83/5/12 Blend
41$1,780,000$1,780,000$1,780,000$1,780,000
42$1,964,843$1,870,503$1,842,913$2,123,530
43$2,134,610$1,931,511$1,874,004$2,288,957
44$2,320,728$1,994,542$1,905,170$2,466,451
45$2,524,833$2,059,666$1,936,385$2,660,516
46$2,748,731$2,126,954$1,967,618$2,872,802
47$2,994,406$2,196,480$1,998,838$3,105,127
48$3,264,048$2,268,319$2,030,011$3,359,491
49$3,560,065$2,342,552$2,061,101$3,638,098
50$3,885,114$2,419,259$2,092,070$3,943,377
51$4,242,118$2,498,525$2,122,877$4,278,002
52$4,634,299$2,580,438$2,153,478$4,644,918
53$5,065,206$2,665,088$2,183,829$5,047,372
54$5,538,750$2,752,570$2,213,880$5,488,939
55$6,059,237$2,842,980$2,243,579$5,973,557
56$6,631,413$2,936,420$2,272,873$6,505,565
57$7,260,507$3,032,994$2,301,704$7,089,744
58$7,952,277$3,132,810$2,330,010$7,731,361
59$8,713,071$3,235,979$2,357,726$8,436,217
60$9,549,880$3,342,618$2,384,786$9,210,707
61$10,470,408$3,452,847$2,411,117$10,061,873
62$11,483,143$3,566,789$2,436,643$10,997,477
63$12,597,437$3,684,575$2,461,283$12,026,069
64$13,823,593$3,806,337$2,484,954$13,157,071
65$15,172,966$3,932,214$2,507,566$14,400,864
66$16,658,065$4,062,349$2,529,026$15,768,885
67$18,292,674$4,196,890$2,549,235$17,273,739
68$20,091,980$4,335,991$2,568,088$18,929,312
69$22,072,720$4,479,813$2,585,477$20,750,907
70$24,253,333$4,628,519$2,601,286$22,755,383
71$26,654,138$4,782,282$2,615,394$24,961,322
72$29,297,525$4,941,278$2,627,674$27,389,194
73$32,208,164$5,105,692$2,637,993$30,061,559
74$35,413,241$5,275,715$2,646,209$33,003,274
75$38,942,710$5,451,544$2,652,176$36,241,730
76$42,829,581$5,633,384$2,655,739$39,807,112
77$47,110,226$5,821,448$2,656,734$43,732,679
78$51,824,726$6,015,955$2,654,991$48,055,082
79$57,017,246$6,217,136$2,650,331$52,814,707
80$62,736,455$6,425,225$2,642,567$58,056,059
81$69,035,982$6,640,470$2,631,502$63,828,179
82$75,974,924$6,863,124$2,616,929$70,185,108
83$83,618,402$7,093,453$2,598,631$77,186,398
84$92,038,176$7,331,729$2,576,383$84,897,671
85$101,313,325$7,578,239$2,549,946$93,391,243
86$111,530,987$7,833,275$2,519,073$102,746,801
87$122,787,187$8,097,146$2,483,501$113,052,160
88$135,187,741$8,370,167$2,442,960$124,404,087
89$148,849,254$8,652,668$2,397,162$136,909,219
90$163,900,220$8,944,991$2,345,810$150,685,066
91$180,482,238$9,247,491$2,288,590$165,861,122
92$198,751,344$9,560,536$2,225,175$182,580,087
93$218,879,486$9,884,507$2,155,223$200,999,212
94$241,056,147$10,219,801$2,078,377$221,291,787
95$265,490,133$10,566,830$1,994,261$243,648,774
96$292,411,542$10,926,020$1,902,484$268,280,609
97$322,073,939$11,297,816$1,802,637$295,419,190
98$354,756,748$11,682,676$1,694,293$325,320,067
99$390,767,889$12,081,079$1,577,004$358,264,851
100$430,446,684$12,493,522$1,450,304$394,563,876