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

Use the below retirement simulation to view the chances of a successful retirement.
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%16%
1 years$147,817$146,500$145,215$143,961$142,737$139,230
2 years$73,176$71,814$70,493$69,212$67,970$64,458
3 years$48,300$46,931$45,614$44,345$43,123$39,716
4 years$35,864$34,499$33,195$31,948$30,756$27,481
5 years$28,404$27,048$25,761$24,539$23,380$20,245
6 years$23,433$22,087$20,818$19,624$18,500$15,509
7 years$19,883$18,548$17,300$16,134$15,045$12,198
8 years$17,222$15,899$14,672$13,534$12,482$9,777
9 years$15,153$13,843$12,637$11,528$10,511$7,948
10 years$13,500$12,202$11,017$9,938$8,956$6,530
11 years$12,147$10,863$9,699$8,649$7,703$5,411
12 years$11,021$9,750$8,608$7,586$6,675$4,513
13 years$10,069$8,811$7,691$6,697$5,821$3,785
14 years$9,254$8,009$6,910$5,945$5,102$3,188
15 years$8,548$7,316$6,239$5,302$4,492$2,695
16 years$7,930$6,713$5,656$4,747$3,970$2,285
17 years$7,386$6,182$5,147$4,265$3,520$1,943
18 years$6,903$5,713$4,699$3,844$3,130$1,655
19 years$6,472$5,294$4,301$3,473$2,790$1,412
20 years$6,084$4,920$3,948$3,146$2,492$1,207
21 years$5,733$4,583$3,631$2,855$2,230$1,033
22 years$5,415$4,278$3,347$2,596$1,999$884
23 years$5,125$4,001$3,090$2,364$1,794$758
24 years$4,859$3,748$2,858$2,156$1,613$651
25 years$4,615$3,518$2,647$1,969$1,451$559
26 years$4,390$3,306$2,455$1,801$1,307$480
27 years$4,182$3,111$2,279$1,648$1,179$413
28 years$3,990$2,932$2,119$1,510$1,064$355
29 years$3,810$2,766$1,972$1,385$960$305
30 years$3,644$2,612$1,837$1,271$868$263
31 years$3,488$2,469$1,712$1,167$785$226
32 years$3,342$2,336$1,598$1,073$710$195
33 years$3,206$2,213$1,492$986$642$167
34 years$3,077$2,097$1,394$908$581$144
35 years$2,957$1,989$1,303$835$527$124
36 years$2,843$1,888$1,219$769$477$107
37 years$2,736$1,793$1,141$709$432$92
38 years$2,634$1,704$1,069$653$392$79
39 years$2,538$1,620$1,001$602$356$68
40 years$2,447$1,542$938$556$323$59
41 years$2,361$1,468$880$513$293$51
42 years$2,279$1,398$825$473$265$44
43 years$2,201$1,332$774$437$241$38
44 years$2,127$1,269$727$403$219$33
45 years$2,056$1,210$683$372$199$28
46 years$1,989$1,155$641$344$180$24
47 years$1,924$1,102$602$318$164$21
48 years$1,863$1,052$566$294$149$18
49 years$1,804$1,005$532$271$135$15
50 years$1,748$960$500$251$123$13

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 $5,733 every year, while hoping to spend $36,419 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: 78/8/14 Blend
41$1,790,000$1,790,000$1,790,000$1,790,000
42$1,978,494$1,883,624$1,855,879$2,126,713
43$2,141,550$1,937,172$1,879,301$2,278,691
44$2,320,018$1,992,123$1,902,287$2,440,140
45$2,515,431$2,048,508$1,924,785$2,616,207
46$2,729,477$2,106,357$1,946,737$2,808,338
47$2,964,016$2,165,701$1,968,085$3,018,125
48$3,221,097$2,226,571$1,988,767$3,247,324
49$3,502,974$2,288,998$2,008,716$3,497,865
50$3,812,132$2,353,014$2,027,863$3,771,877
51$4,151,308$2,418,650$2,046,135$4,071,705
52$4,523,515$2,485,938$2,063,454$4,399,931
53$4,932,074$2,554,909$2,079,740$4,759,398
54$5,380,642$2,625,596$2,094,908$5,153,242
55$5,873,247$2,698,029$2,108,866$5,584,915
56$6,414,326$2,772,241$2,121,522$6,058,221
57$7,008,769$2,848,262$2,132,774$6,577,349
58$7,661,960$2,926,124$2,142,519$7,146,916
59$8,379,834$3,005,858$2,150,647$7,772,010
60$9,168,926$3,087,493$2,157,042$8,458,235
61$10,036,437$3,171,061$2,161,584$9,211,765
62$10,990,301$3,256,591$2,164,145$10,039,405
63$12,039,259$3,344,111$2,164,591$10,948,650
64$13,192,940$3,433,650$2,162,782$11,947,762
65$14,461,957$3,525,235$2,158,571$13,045,840
66$15,857,998$3,618,893$2,151,805$14,252,915
67$17,393,944$3,714,649$2,142,321$15,580,036
68$19,083,987$3,812,528$2,129,950$17,039,380
69$20,943,765$3,912,552$2,114,514$18,644,365
70$22,990,505$4,014,744$2,095,827$20,409,774
71$25,243,194$4,119,123$2,073,694$22,351,901
72$27,722,747$4,225,708$2,047,910$24,488,697
73$30,452,215$4,334,516$2,018,263$26,839,944
74$33,456,994$4,445,559$1,984,527$29,427,442
75$36,765,067$4,558,852$1,946,469$32,275,212
76$40,407,271$4,674,403$1,903,843$35,409,724
77$44,417,583$4,792,219$1,856,392$38,860,149
78$48,833,443$4,912,304$1,803,848$42,658,630
79$53,696,107$5,034,660$1,745,929$46,840,588
80$59,051,035$5,159,283$1,682,343$51,445,056
81$64,948,319$5,286,167$1,612,780$56,515,048
82$71,443,161$5,415,302$1,536,921$62,097,965
83$78,596,384$5,546,673$1,454,429$68,246,039
84$86,475,017$5,680,261$1,364,954$75,016,833
85$95,152,916$5,816,041$1,268,127$82,473,777
86$104,711,471$5,953,985$1,163,567$90,686,771
87$115,240,366$6,094,056$1,050,872$99,732,846
88$126,838,431$6,236,212$929,624$109,696,886
89$139,614,571$6,380,406$799,386$120,672,436
90$153,688,793$6,526,582$659,701$132,762,579
91$169,193,342$6,674,676$510,093$146,080,913
92$186,273,946$6,824,619$350,065$160,752,623
93$205,091,193$6,976,330$179,097$176,915,662
94$225,822,045$7,129,720$0$194,722,053
95$248,661,507$7,284,689$0$214,339,829
96$273,824,470$7,441,129$0$235,981,688
97$301,547,740$7,598,918$0$259,824,387
98$332,092,269$7,757,924$0$286,092,218
99$365,745,619$7,918,002$0$315,032,345
100$402,824,679$8,078,990$0$346,917,140