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%18.9%
1 years$147,817$146,500$145,215$143,961$142,737$137,618
2 years$73,176$71,814$70,493$69,212$67,970$62,868
3 years$48,300$46,931$45,614$44,345$43,123$38,198
4 years$35,864$34,499$33,195$31,948$30,756$26,046
5 years$28,404$27,048$25,761$24,539$23,380$18,898
6 years$23,433$22,087$20,818$19,624$18,500$14,248
7 years$19,883$18,548$17,300$16,134$15,045$11,023
8 years$17,222$15,899$14,672$13,534$12,482$8,686
9 years$15,153$13,843$12,637$11,528$10,511$6,937
10 years$13,500$12,202$11,017$9,938$8,956$5,597
11 years$12,147$10,863$9,699$8,649$7,703$4,552
12 years$11,021$9,750$8,608$7,586$6,675$3,725
13 years$10,069$8,811$7,691$6,697$5,821$3,063
14 years$9,254$8,009$6,910$5,945$5,102$2,529
15 years$8,548$7,316$6,239$5,302$4,492$2,094
16 years$7,930$6,713$5,656$4,747$3,970$1,739
17 years$7,386$6,182$5,147$4,265$3,520$1,447
18 years$6,903$5,713$4,699$3,844$3,130$1,207
19 years$6,472$5,294$4,301$3,473$2,790$1,007
20 years$6,084$4,920$3,948$3,146$2,492$842
21 years$5,733$4,583$3,631$2,855$2,230$705
22 years$5,415$4,278$3,347$2,596$1,999$590
23 years$5,125$4,001$3,090$2,364$1,794$494
24 years$4,859$3,748$2,858$2,156$1,613$415
25 years$4,615$3,518$2,647$1,969$1,451$348
26 years$4,390$3,306$2,455$1,801$1,307$292
27 years$4,182$3,111$2,279$1,648$1,179$245
28 years$3,990$2,932$2,119$1,510$1,064$206
29 years$3,810$2,766$1,972$1,385$960$173
30 years$3,644$2,612$1,837$1,271$868$145
31 years$3,488$2,469$1,712$1,167$785$122
32 years$3,342$2,336$1,598$1,073$710$103
33 years$3,206$2,213$1,492$986$642$86
34 years$3,077$2,097$1,394$908$581$72
35 years$2,957$1,989$1,303$835$527$61
36 years$2,843$1,888$1,219$769$477$51
37 years$2,736$1,793$1,141$709$432$43
38 years$2,634$1,704$1,069$653$392$36
39 years$2,538$1,620$1,001$602$356$30
40 years$2,447$1,542$938$556$323$26
41 years$2,361$1,468$880$513$293$22
42 years$2,279$1,398$825$473$265$18
43 years$2,201$1,332$774$437$241$15
44 years$2,127$1,269$727$403$219$13
45 years$2,056$1,210$683$372$199$11
46 years$1,989$1,155$641$344$180$9
47 years$1,924$1,102$602$318$164$8
48 years$1,863$1,052$566$294$149$6
49 years$1,804$1,005$532$271$135$5
50 years$1,748$960$500$251$123$5

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 $3,513 every year, while hoping to spend $22,035 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: 65/19/16 Blend
41$1,790,000$1,790,000$1,790,000$1,790,000
42$1,976,204$1,881,334$1,853,589$2,096,739
43$2,154,331$1,950,074$1,892,239$2,246,616
44$2,349,890$2,021,444$1,931,445$2,407,462
45$2,564,633$2,095,549$1,971,203$2,582,689
46$2,800,494$2,172,500$2,011,507$2,773,701
47$3,059,603$2,252,411$2,052,351$2,982,048
48$3,344,305$2,335,401$2,093,727$3,209,430
49$3,657,184$2,421,596$2,135,627$3,457,723
50$4,001,087$2,511,124$2,178,041$3,728,990
51$4,379,150$2,604,122$2,220,958$4,025,504
52$4,794,830$2,700,730$2,264,366$4,349,764
53$5,251,933$2,801,096$2,308,252$4,704,527
54$5,754,653$2,905,373$2,352,602$5,092,824
55$6,307,611$3,013,720$2,397,398$5,517,994
56$6,915,900$3,126,305$2,442,623$5,983,716
57$7,585,129$3,243,301$2,488,258$6,494,039
58$8,321,480$3,364,890$2,534,282$7,053,424
59$9,131,762$3,491,261$2,580,672$7,666,782
60$10,023,480$3,622,611$2,627,403$8,339,525
61$11,004,902$3,759,146$2,674,448$9,077,611
62$12,085,138$3,901,080$2,721,778$9,887,604
63$13,274,227$4,048,638$2,769,363$10,776,735
64$14,583,230$4,202,053$2,817,168$11,752,967
65$16,024,335$4,361,569$2,865,159$12,825,074
66$17,610,971$4,527,440$2,913,296$14,002,720
67$19,357,937$4,699,932$2,961,538$15,296,550
68$21,281,539$4,879,321$3,009,842$16,718,294
69$23,399,745$5,065,897$3,058,161$18,280,871
70$25,732,354$5,259,961$3,106,444$19,998,515
71$28,301,183$5,461,827$3,154,638$21,886,909
72$31,130,272$5,671,825$3,202,687$23,963,328
73$34,246,113$5,890,298$3,250,530$26,246,807
74$37,677,897$6,117,603$3,298,104$28,758,317
75$41,457,791$6,354,115$3,345,339$31,520,961
76$45,621,243$6,600,223$3,392,165$34,560,198
77$50,207,311$6,856,335$3,438,504$37,904,073
78$55,259,038$7,122,877$3,484,275$41,583,491
79$60,823,855$7,400,293$3,529,394$45,632,498
80$66,954,028$7,689,047$3,573,768$50,088,613
81$73,707,151$7,989,623$3,617,302$54,993,170
82$81,146,694$8,302,528$3,659,894$60,391,717
83$89,342,594$8,628,289$3,701,438$66,334,438
84$98,371,922$8,967,459$3,741,820$72,876,630
85$108,319,608$9,320,614$3,780,921$80,079,224
86$119,279,242$9,688,357$3,818,615$88,009,357
87$131,353,955$10,071,317$3,854,769$96,741,007
88$144,657,398$10,470,152$3,889,244$106,355,690
89$159,314,811$10,885,547$3,921,891$116,943,227
90$175,464,204$11,318,222$3,952,557$128,602,594
91$193,257,662$11,768,924$3,981,078$141,442,851
92$212,862,781$12,238,439$4,007,281$155,584,174
93$234,464,247$12,727,584$4,030,986$171,158,989
94$258,265,579$13,237,215$4,052,004$188,313,215
95$284,491,056$13,768,227$4,070,134$207,207,649
96$313,387,827$14,321,553$4,085,167$228,019,476
97$345,228,248$14,898,171$4,096,882$250,943,941
98$380,312,449$15,499,101$4,105,047$276,196,195
99$418,971,172$16,125,411$4,109,420$304,013,321
100$461,568,892$16,778,216$4,109,746$334,656,571