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%17.2%
1 years$146,991$145,681$144,404$143,157$141,940$137,783
2 years$72,768$71,412$70,099$68,826$67,590$63,436
3 years$48,030$46,669$45,359$44,097$42,882$38,860
4 years$35,663$34,307$33,010$31,770$30,584$26,726
5 years$28,246$26,897$25,617$24,402$23,249$19,565
6 years$23,302$21,963$20,702$19,515$18,396$14,890
7 years$19,772$18,445$17,204$16,044$14,961$11,632
8 years$17,126$15,810$14,590$13,459$12,412$9,258
9 years$15,069$13,766$12,566$11,464$10,453$7,471
10 years$13,424$12,134$10,956$9,882$8,906$6,093
11 years$12,079$10,802$9,645$8,600$7,660$5,010
12 years$10,960$9,695$8,560$7,544$6,638$4,146
13 years$10,013$8,762$7,648$6,660$5,788$3,449
14 years$9,202$7,964$6,871$5,912$5,074$2,881
15 years$8,500$7,275$6,204$5,272$4,467$2,415
16 years$7,886$6,675$5,625$4,721$3,948$2,030
17 years$7,345$6,148$5,118$4,242$3,501$1,711
18 years$6,865$5,681$4,672$3,823$3,113$1,445
19 years$6,436$5,265$4,277$3,454$2,774$1,222
20 years$6,050$4,892$3,926$3,128$2,478$1,034
21 years$5,701$4,557$3,611$2,839$2,218$877
22 years$5,384$4,254$3,328$2,581$1,988$744
23 years$5,096$3,978$3,073$2,351$1,784$632
24 years$4,832$3,728$2,842$2,144$1,604$537
25 years$4,589$3,498$2,632$1,958$1,443$457
26 years$4,366$3,288$2,441$1,790$1,300$389
27 years$4,159$3,094$2,267$1,639$1,172$331
28 years$3,967$2,916$2,107$1,502$1,058$282
29 years$3,789$2,750$1,961$1,377$955$240
30 years$3,623$2,598$1,827$1,264$863$204
31 years$3,468$2,456$1,703$1,161$780$174
32 years$3,324$2,323$1,589$1,067$706$149
33 years$3,188$2,200$1,483$981$639$127
34 years$3,060$2,085$1,386$902$578$108
35 years$2,940$1,978$1,296$831$524$92
36 years$2,827$1,877$1,212$765$475$78
37 years$2,720$1,783$1,135$705$430$67
38 years$2,619$1,695$1,063$650$390$57
39 years$2,524$1,611$995$599$354$49
40 years$2,434$1,533$933$553$321$42
41 years$2,348$1,459$875$510$291$35
42 years$2,266$1,390$821$471$264$30
43 years$2,189$1,324$770$434$240$26
44 years$2,115$1,262$723$401$217$22
45 years$2,045$1,204$679$370$197$19
46 years$1,978$1,148$638$342$179$16
47 years$1,914$1,096$599$316$163$14
48 years$1,852$1,046$563$292$148$12
49 years$1,794$999$529$270$134$10
50 years$1,738$954$497$250$122$8

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 $6,932 every year, while hoping to spend $46,740 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: 77/12/11 Blend
41$1,780,000$1,780,000$1,780,000$1,780,000
42$1,968,710$1,874,370$1,846,780$2,115,796
43$2,119,788$1,916,484$1,858,917$2,255,684
44$2,284,709$1,959,094$1,869,893$2,402,376
45$2,464,836$2,002,176$1,879,621$2,561,892
46$2,661,669$2,045,702$1,888,008$2,735,492
47$2,876,859$2,089,642$1,894,957$2,924,563
48$3,112,226$2,133,962$1,900,365$3,130,631
49$3,369,771$2,178,624$1,904,125$3,355,379
50$3,651,699$2,223,587$1,906,124$3,600,659
51$3,960,436$2,268,808$1,906,244$3,868,513
52$4,298,658$2,314,236$1,904,360$4,161,189
53$4,669,307$2,359,820$1,900,342$4,481,163
54$5,075,626$2,405,501$1,894,053$4,831,164
55$5,521,186$2,451,217$1,885,350$5,214,200
56$6,009,921$2,496,900$1,874,083$5,633,580
57$6,546,162$2,542,477$1,860,094$6,092,956
58$7,134,681$2,587,869$1,843,218$6,596,347
59$7,780,735$2,632,991$1,823,282$7,148,182
60$8,490,113$2,677,751$1,800,105$7,753,345
61$9,269,194$2,722,050$1,773,498$8,417,211
62$10,125,004$2,765,782$1,743,262$9,145,709
63$11,065,282$2,808,833$1,709,189$9,945,367
64$12,098,555$2,851,081$1,671,062$10,823,381
65$13,234,218$2,892,394$1,628,652$11,787,680
66$14,482,619$2,932,632$1,581,723$12,847,001
67$15,855,160$2,971,645$1,530,025$14,010,973
68$17,364,403$3,009,272$1,473,297$15,290,203
69$19,024,187$3,045,341$1,411,267$16,696,385
70$20,849,760$3,079,669$1,343,651$18,242,400
71$22,857,923$3,112,060$1,270,150$19,942,447
72$25,067,185$3,142,305$1,190,454$21,812,170
73$27,497,941$3,170,181$1,104,238$23,868,810
74$30,172,662$3,195,451$1,011,161$26,131,368
75$33,116,108$3,217,862$910,869$28,620,779
76$36,355,558$3,237,145$802,990$31,360,118
77$39,921,074$3,253,014$687,139$34,374,812
78$43,845,775$3,265,163$562,910$37,692,880
79$48,166,157$3,273,269$429,881$41,345,203
80$52,922,434$3,276,989$287,611$45,365,810
81$58,158,917$3,275,955$135,639$49,792,203
82$63,924,429$3,269,780$0$54,665,708
83$70,272,773$3,258,051$0$60,034,984
84$77,263,232$3,240,332$0$65,964,299
85$84,961,131$3,216,157$0$72,493,088
86$93,438,452$3,185,035$0$79,682,369
87$102,774,516$3,146,443$0$87,599,382
88$113,056,726$3,099,828$0$96,318,224
89$124,381,397$3,044,605$0$105,920,547
90$136,854,660$2,980,151$0$116,496,330
91$150,593,466$2,905,810$0$128,144,726
92$165,726,689$2,820,884$0$140,975,003
93$182,396,341$2,724,636$0$155,107,571
94$200,758,911$2,616,287$0$170,675,118
95$220,986,845$2,495,010$0$187,823,868
96$243,270,169$2,359,932$0$206,714,955
97$267,818,287$2,210,129$0$227,525,950
98$294,861,951$2,044,624$0$250,452,534
99$324,655,445$1,862,385$0$275,710,344
100$357,478,978$1,662,320$0$303,537,013