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%12.2%
1 years$147,817$146,500$145,215$143,961$142,737$141,423
2 years$73,176$71,814$70,493$69,212$67,970$66,646
3 years$48,300$46,931$45,614$44,345$43,123$41,830
4 years$35,864$34,499$33,195$31,948$30,756$29,504
5 years$28,404$27,048$25,761$24,539$23,380$22,173
6 years$23,433$22,087$20,818$19,624$18,500$17,339
7 years$19,883$18,548$17,300$16,134$15,045$13,931
8 years$17,222$15,899$14,672$13,534$12,482$11,414
9 years$15,153$13,843$12,637$11,528$10,511$9,491
10 years$13,500$12,202$11,017$9,938$8,956$7,981
11 years$12,147$10,863$9,699$8,649$7,703$6,773
12 years$11,021$9,750$8,608$7,586$6,675$5,789
13 years$10,069$8,811$7,691$6,697$5,821$4,978
14 years$9,254$8,009$6,910$5,945$5,102$4,302
15 years$8,548$7,316$6,239$5,302$4,492$3,733
16 years$7,930$6,713$5,656$4,747$3,970$3,251
17 years$7,386$6,182$5,147$4,265$3,520$2,839
18 years$6,903$5,713$4,699$3,844$3,130$2,486
19 years$6,472$5,294$4,301$3,473$2,790$2,181
20 years$6,084$4,920$3,948$3,146$2,492$1,918
21 years$5,733$4,583$3,631$2,855$2,230$1,689
22 years$5,415$4,278$3,347$2,596$1,999$1,489
23 years$5,125$4,001$3,090$2,364$1,794$1,315
24 years$4,859$3,748$2,858$2,156$1,613$1,162
25 years$4,615$3,518$2,647$1,969$1,451$1,029
26 years$4,390$3,306$2,455$1,801$1,307$911
27 years$4,182$3,111$2,279$1,648$1,179$807
28 years$3,990$2,932$2,119$1,510$1,064$716
29 years$3,810$2,766$1,972$1,385$960$635
30 years$3,644$2,612$1,837$1,271$868$564
31 years$3,488$2,469$1,712$1,167$785$501
32 years$3,342$2,336$1,598$1,073$710$445
33 years$3,206$2,213$1,492$986$642$395
34 years$3,077$2,097$1,394$908$581$351
35 years$2,957$1,989$1,303$835$527$313
36 years$2,843$1,888$1,219$769$477$278
37 years$2,736$1,793$1,141$709$432$247
38 years$2,634$1,704$1,069$653$392$220
39 years$2,538$1,620$1,001$602$356$196
40 years$2,447$1,542$938$556$323$174
41 years$2,361$1,468$880$513$293$155
42 years$2,279$1,398$825$473$265$138
43 years$2,201$1,332$774$437$241$123
44 years$2,127$1,269$727$403$219$110
45 years$2,056$1,210$683$372$199$98
46 years$1,989$1,155$641$344$180$87
47 years$1,924$1,102$602$318$164$77
48 years$1,863$1,052$566$294$149$69
49 years$1,804$1,005$532$271$135$61
50 years$1,748$960$500$251$123$55

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 $3,109 every year, while hoping to spend $48,963 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: 38/43/19 Blend
41$1,790,000$1,790,000$1,790,000$1,790,000
42$1,975,787$1,880,917$1,853,172$2,039,492
43$2,125,221$1,920,986$1,863,157$2,125,764
44$2,288,256$1,961,377$1,871,835$2,214,068
45$2,466,228$2,002,054$1,879,112$2,308,485
46$2,660,608$2,042,979$1,884,886$2,409,593
47$2,873,012$2,084,108$1,889,053$2,518,029
48$3,105,225$2,125,394$1,891,501$2,634,497
49$3,359,207$2,166,787$1,892,115$2,759,773
50$3,637,118$2,208,232$1,890,773$2,894,713
51$3,941,337$2,249,668$1,887,347$3,040,261
52$4,274,484$2,291,032$1,881,704$3,197,458
53$4,639,442$2,332,253$1,873,701$3,367,454
54$5,039,387$2,373,257$1,863,193$3,551,515
55$5,477,820$2,413,961$1,850,025$3,751,041
56$5,958,591$2,454,279$1,834,035$3,967,572
57$6,485,945$2,494,116$1,815,053$4,202,812
58$7,064,556$2,533,373$1,792,901$4,458,636
59$7,699,572$2,571,939$1,767,395$4,737,116
60$8,396,665$2,609,700$1,738,339$5,040,536
61$9,162,080$2,646,532$1,705,529$5,371,417
62$10,002,700$2,682,299$1,668,752$5,732,537
63$10,926,105$2,716,862$1,627,785$6,126,963
64$11,940,646$2,750,066$1,582,394$6,558,078
65$13,055,523$2,781,750$1,532,334$7,029,614
66$14,280,870$2,811,740$1,477,352$7,545,686
67$15,627,854$2,839,850$1,417,178$8,110,835
68$17,108,776$2,865,883$1,351,534$8,730,067
69$18,737,188$2,889,629$1,280,127$9,408,906
70$20,528,023$2,910,862$1,202,654$10,153,444
71$22,497,732$2,929,345$1,118,793$10,970,400
72$24,664,440$2,944,823$1,028,212$11,867,184
73$27,048,119$2,957,025$930,563$12,851,969
74$29,670,772$2,965,664$825,482$13,933,770
75$32,556,644$2,970,434$712,589$15,122,525
76$35,732,447$2,971,011$591,486$16,429,197
77$39,227,615$2,967,050$461,760$17,865,876
78$43,074,581$2,958,184$322,977$19,445,891
79$47,309,077$2,944,024$174,686$21,183,945
80$51,970,481$2,924,159$16,416$23,096,246
81$57,102,177$2,898,150$0$25,200,671
82$62,751,974$2,865,535$0$27,547,843
83$68,972,550$2,825,820$0$30,134,141
84$75,821,950$2,778,486$0$32,980,306
85$83,364,137$2,722,979$0$36,112,873
86$91,669,590$2,658,716$0$39,561,091
87$100,815,971$2,585,076$0$43,357,202
88$110,888,860$2,501,405$0$47,536,748
89$121,982,558$2,407,008$0$52,138,903
90$134,200,979$2,301,151$0$57,206,850
91$147,658,629$2,183,057$0$62,788,189
92$162,481,687$2,051,906$0$68,935,388
93$178,809,197$1,906,827$0$75,706,279
94$196,794,375$1,746,901$0$83,164,608
95$216,606,061$1,571,159$0$91,380,638
96$238,430,307$1,378,573$0$100,431,818
97$262,472,134$1,168,059$0$110,403,512
98$288,957,468$938,471$0$121,389,810
99$318,135,272$688,598$0$133,494,421
100$350,279,892$417,162$0$146,831,652