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%12.2%
1 years$146,991$145,681$144,404$143,157$141,940$140,633
2 years$72,768$71,412$70,099$68,826$67,590$66,274
3 years$48,030$46,669$45,359$44,097$42,882$41,597
4 years$35,663$34,307$33,010$31,770$30,584$29,339
5 years$28,246$26,897$25,617$24,402$23,249$22,049
6 years$23,302$21,963$20,702$19,515$18,396$17,242
7 years$19,772$18,445$17,204$16,044$14,961$13,854
8 years$17,126$15,810$14,590$13,459$12,412$11,351
9 years$15,069$13,766$12,566$11,464$10,453$9,438
10 years$13,424$12,134$10,956$9,882$8,906$7,937
11 years$12,079$10,802$9,645$8,600$7,660$6,735
12 years$10,960$9,695$8,560$7,544$6,638$5,757
13 years$10,013$8,762$7,648$6,660$5,788$4,950
14 years$9,202$7,964$6,871$5,912$5,074$4,278
15 years$8,500$7,275$6,204$5,272$4,467$3,712
16 years$7,886$6,675$5,625$4,721$3,948$3,232
17 years$7,345$6,148$5,118$4,242$3,501$2,823
18 years$6,865$5,681$4,672$3,823$3,113$2,472
19 years$6,436$5,265$4,277$3,454$2,774$2,169
20 years$6,050$4,892$3,926$3,128$2,478$1,907
21 years$5,701$4,557$3,611$2,839$2,218$1,679
22 years$5,384$4,254$3,328$2,581$1,988$1,481
23 years$5,096$3,978$3,073$2,351$1,784$1,308
24 years$4,832$3,728$2,842$2,144$1,604$1,156
25 years$4,589$3,498$2,632$1,958$1,443$1,023
26 years$4,366$3,288$2,441$1,790$1,300$906
27 years$4,159$3,094$2,267$1,639$1,172$803
28 years$3,967$2,916$2,107$1,502$1,058$712
29 years$3,789$2,750$1,961$1,377$955$631
30 years$3,623$2,598$1,827$1,264$863$561
31 years$3,468$2,456$1,703$1,161$780$498
32 years$3,324$2,323$1,589$1,067$706$442
33 years$3,188$2,200$1,483$981$639$393
34 years$3,060$2,085$1,386$902$578$350
35 years$2,940$1,978$1,296$831$524$311
36 years$2,827$1,877$1,212$765$475$276
37 years$2,720$1,783$1,135$705$430$246
38 years$2,619$1,695$1,063$650$390$219
39 years$2,524$1,611$995$599$354$195
40 years$2,434$1,533$933$553$321$173
41 years$2,348$1,459$875$510$291$154
42 years$2,266$1,390$821$471$264$137
43 years$2,189$1,324$770$434$240$122
44 years$2,115$1,262$723$401$217$109
45 years$2,045$1,204$679$370$197$97
46 years$1,978$1,148$638$342$179$86
47 years$1,914$1,096$599$316$163$77
48 years$1,852$1,046$563$292$148$69
49 years$1,794$999$529$270$134$61
50 years$1,738$954$497$250$122$54

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 $2,056 every year, while hoping to spend $46,178 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: 61/33/6 Blend
41$1,780,000$1,780,000$1,780,000$1,780,000
42$1,963,681$1,869,341$1,841,751$2,081,172
43$2,114,843$1,911,805$1,854,316$2,202,386
44$2,279,876$1,954,803$1,865,755$2,329,043
45$2,460,147$1,998,311$1,875,981$2,466,048
46$2,657,158$2,042,305$1,884,902$2,614,397
47$2,872,565$2,086,755$1,892,424$2,775,189
48$3,108,192$2,131,632$1,898,446$2,949,632
49$3,366,046$2,176,900$1,902,862$3,139,056
50$3,648,337$2,222,522$1,905,561$3,344,927
51$3,957,498$2,268,456$1,906,429$3,568,861
52$4,296,210$2,314,658$1,905,341$3,812,636
53$4,667,425$2,361,077$1,902,172$4,078,211
54$5,074,393$2,407,661$1,896,785$4,367,745
55$5,520,695$2,454,350$1,889,042$4,683,615
56$6,010,275$2,501,082$1,878,793$5,028,442
57$6,547,475$2,547,787$1,865,885$5,405,113
58$7,137,080$2,594,392$1,850,155$5,816,807
59$7,784,361$2,640,816$1,831,434$6,267,030
60$8,495,122$2,686,972$1,809,543$6,759,643
61$9,275,759$2,732,768$1,784,297$7,298,901
62$10,133,316$2,778,103$1,755,501$7,889,493
63$11,075,554$2,822,870$1,722,949$8,536,587
64$12,111,022$2,866,952$1,686,430$9,245,876
65$13,249,139$2,910,226$1,645,719$10,023,636
66$14,500,283$2,952,558$1,600,581$10,876,781
67$15,875,884$2,993,806$1,550,774$11,812,932
68$17,388,539$3,033,817$1,496,039$12,840,487
69$19,052,124$3,072,429$1,436,111$13,968,703
70$20,881,929$3,109,465$1,370,708$15,207,778
71$22,894,798$3,144,741$1,299,539$16,568,954
72$25,109,291$3,178,057$1,222,297$18,064,621
73$27,545,858$3,209,201$1,138,664$19,708,431
74$30,227,030$3,237,947$1,048,304$21,515,432
75$33,177,635$3,264,054$950,869$23,502,208
76$36,425,025$3,287,264$845,995$25,687,036
77$39,999,343$3,307,305$733,301$28,090,059
78$43,933,798$3,323,885$612,388$30,733,478
79$48,264,985$3,336,695$482,843$33,641,758
80$53,033,226$3,345,406$344,231$36,841,865
81$58,282,952$3,349,668$196,100$40,363,518
82$64,063,121$3,349,109$37,977$44,239,468
83$70,427,679$3,343,336$0$48,505,815
84$77,436,070$3,331,927$0$53,210,711
85$85,153,798$3,314,441$0$58,392,770
86$93,653,041$3,290,403$0$64,097,915
87$103,013,333$3,259,315$0$70,379,437
88$113,322,317$3,220,646$0$77,296,067
89$124,676,569$3,173,832$0$84,912,532
90$137,182,508$3,118,280$0$93,300,162
91$150,957,405$3,053,356$0$102,537,571
92$166,130,483$2,978,393$0$112,711,394
93$182,844,140$2,892,683$0$123,917,108
94$201,255,294$2,795,476$0$136,259,938
95$221,536,859$2,685,979$0$149,855,845
96$243,879,379$2,563,352$0$164,832,627
97$268,492,828$2,426,709$0$181,331,125
98$295,608,587$2,275,109$0$199,506,554
99$325,481,633$2,107,559$0$219,529,969
100$358,392,941$1,923,010$0$241,589,884