Can I retire at age 42 with 1,790,000?

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 $1,790,000?

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 years$147,817$146,500$145,215$143,961$142,737$140,372
2 years$73,176$71,814$70,493$69,212$67,970$65,595
3 years$48,300$46,931$45,614$44,345$43,123$40,811
4 years$35,864$34,499$33,195$31,948$30,756$28,524
5 years$28,404$27,048$25,761$24,539$23,380$21,236
6 years$23,433$22,087$20,818$19,624$18,500$16,446
7 years$19,883$18,548$17,300$16,134$15,045$13,082
8 years$17,222$15,899$14,672$13,534$12,482$10,608
9 years$15,153$13,843$12,637$11,528$10,511$8,727
10 years$13,500$12,202$11,017$9,938$8,956$7,259
11 years$12,147$10,863$9,699$8,649$7,703$6,091
12 years$11,021$9,750$8,608$7,586$6,675$5,147
13 years$10,069$8,811$7,691$6,697$5,821$4,375
14 years$9,254$8,009$6,910$5,945$5,102$3,735
15 years$8,548$7,316$6,239$5,302$4,492$3,202
16 years$7,930$6,713$5,656$4,747$3,970$2,753
17 years$7,386$6,182$5,147$4,265$3,520$2,374
18 years$6,903$5,713$4,699$3,844$3,130$2,052
19 years$6,472$5,294$4,301$3,473$2,790$1,778
20 years$6,084$4,920$3,948$3,146$2,492$1,542
21 years$5,733$4,583$3,631$2,855$2,230$1,340
22 years$5,415$4,278$3,347$2,596$1,999$1,166
23 years$5,125$4,001$3,090$2,364$1,794$1,015
24 years$4,859$3,748$2,858$2,156$1,613$885
25 years$4,615$3,518$2,647$1,969$1,451$772
26 years$4,390$3,306$2,455$1,801$1,307$674
27 years$4,182$3,111$2,279$1,648$1,179$589
28 years$3,990$2,932$2,119$1,510$1,064$514
29 years$3,810$2,766$1,972$1,385$960$450
30 years$3,644$2,612$1,837$1,271$868$393
31 years$3,488$2,469$1,712$1,167$785$344
32 years$3,342$2,336$1,598$1,073$710$301
33 years$3,206$2,213$1,492$986$642$264
34 years$3,077$2,097$1,394$908$581$231
35 years$2,957$1,989$1,303$835$527$202
36 years$2,843$1,888$1,219$769$477$177
37 years$2,736$1,793$1,141$709$432$155
38 years$2,634$1,704$1,069$653$392$136
39 years$2,538$1,620$1,001$602$356$119
40 years$2,447$1,542$938$556$323$105
41 years$2,361$1,468$880$513$293$92
42 years$2,279$1,398$825$473$265$80
43 years$2,201$1,332$774$437$241$70
44 years$2,127$1,269$727$403$219$62
45 years$2,056$1,210$683$372$199$54
46 years$1,989$1,155$641$344$180$48
47 years$1,924$1,102$602$318$164$42
48 years$1,863$1,052$566$294$149$37
49 years$1,804$1,005$532$271$135$32
50 years$1,748$960$500$251$123$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,790,000, adding $5,640 every year, while hoping to spend $49,304 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: 35/39/26 Blend
41$1,790,000$1,790,000$1,790,000$1,790,000
42$1,978,398$1,883,528$1,855,783$2,031,936
43$2,127,735$1,923,361$1,865,492$2,112,142
44$2,290,653$1,963,495$1,873,875$2,193,756
45$2,468,483$2,003,890$1,880,834$2,280,850
46$2,662,694$2,044,506$1,886,267$2,373,945
47$2,874,901$2,085,299$1,890,069$2,473,619
48$3,106,882$2,126,220$1,892,128$2,580,507
49$3,360,596$2,167,217$1,892,326$2,695,313
50$3,638,198$2,208,232$1,890,540$2,818,810
51$3,942,063$2,249,203$1,886,642$2,951,855
52$4,274,804$2,290,065$1,880,495$3,095,393
53$4,639,300$2,330,744$1,871,957$3,250,466
54$5,038,721$2,371,163$1,860,880$3,418,225
55$5,476,559$2,411,238$1,847,108$3,599,941
56$5,956,658$2,450,880$1,830,477$3,797,017
57$6,483,255$2,489,991$1,810,816$4,011,000
58$7,061,014$2,528,467$1,787,945$4,243,599
59$7,695,073$2,566,197$1,761,677$4,496,700
60$8,391,092$2,603,062$1,731,814$4,772,384
61$9,155,305$2,638,934$1,698,152$5,072,949
62$9,994,580$2,673,675$1,660,473$5,400,930
63$10,916,482$2,707,141$1,618,554$5,759,123
64$11,929,345$2,739,173$1,572,158$6,150,617
65$13,042,351$2,769,605$1,521,038$6,578,819
66$14,265,615$2,798,259$1,464,936$7,047,487
67$15,610,279$2,824,945$1,403,583$7,560,769
68$17,088,620$2,849,460$1,336,696$8,123,242
69$18,714,164$2,871,588$1,263,980$8,739,956
70$20,501,812$2,891,100$1,185,127$9,416,481
71$22,467,983$2,907,749$1,099,814$10,158,962
72$24,630,765$2,921,277$1,007,706$10,974,181
73$27,010,089$2,931,406$908,450$11,869,617
74$29,627,914$2,937,840$801,679$12,853,521
75$32,508,435$2,940,269$687,009$13,934,993
76$35,678,312$2,938,358$564,040$15,124,073
77$39,166,917$2,931,755$432,353$16,431,833
78$43,006,617$2,920,085$291,511$17,870,486
79$47,233,073$2,902,951$141,058$19,453,503
80$51,885,581$2,879,930$0$21,195,739
81$57,007,439$2,850,575$0$23,118,989
82$62,646,356$2,814,412$0$25,278,023
83$68,854,904$2,770,938$0$27,653,738
84$75,691,011$2,719,620$0$30,268,257
85$83,218,507$2,659,894$0$33,145,968
86$91,507,729$2,591,163$0$36,313,755
87$100,636,180$2,512,793$0$39,801,250
88$110,689,265$2,424,115$0$43,641,119
89$121,761,094$2,324,420$0$47,869,368
90$133,955,366$2,212,957$0$52,525,687
91$147,386,356$2,088,935$0$57,653,824
92$162,179,985$1,951,513$0$63,302,003
93$178,475,010$1,799,804$0$69,523,379
94$196,424,337$1,632,870$0$76,376,541
95$216,196,459$1,449,720$0$83,926,071
96$237,977,047$1,249,306$0$92,243,152
97$261,970,705$1,030,522$0$101,406,244
98$288,402,897$792,196$0$111,501,830
99$317,522,074$533,095$0$122,625,228
100$349,602,022$251,914$0$134,881,505