Can I retire at age 42 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$148,642$147,318$146,027$144,766$143,535$138,003
2 years$73,585$72,215$70,887$69,599$68,350$62,843
3 years$48,570$47,193$45,868$44,593$43,364$38,055
4 years$36,064$34,692$33,380$32,127$30,928$25,857
5 years$28,563$27,199$25,905$24,676$23,511$18,691
6 years$23,564$22,210$20,935$19,734$18,603$14,038
7 years$19,994$18,652$17,397$16,224$15,129$10,818
8 years$17,318$15,988$14,754$13,610$12,551$8,489
9 years$15,238$13,921$12,708$11,593$10,570$6,750
10 years$13,575$12,270$11,079$9,993$9,006$5,422
11 years$12,215$10,924$9,754$8,697$7,746$4,389
12 years$11,083$9,804$8,656$7,628$6,712$3,575
13 years$10,125$8,860$7,734$6,735$5,853$2,926
14 years$9,305$8,054$6,949$5,978$5,131$2,404
15 years$8,595$7,357$6,274$5,332$4,518$1,981
16 years$7,975$6,750$5,688$4,774$3,993$1,637
17 years$7,428$6,217$5,176$4,289$3,540$1,355
18 years$6,942$5,744$4,725$3,866$3,148$1,124
19 years$6,508$5,324$4,325$3,493$2,806$933
20 years$6,118$4,947$3,970$3,163$2,506$776
21 years$5,765$4,608$3,651$2,871$2,243$646
22 years$5,445$4,302$3,365$2,610$2,010$538
23 years$5,153$4,023$3,107$2,377$1,804$448
24 years$4,886$3,769$2,874$2,168$1,622$374
25 years$4,641$3,537$2,662$1,980$1,459$312
26 years$4,415$3,325$2,468$1,811$1,315$260
27 years$4,206$3,129$2,292$1,657$1,185$217
28 years$4,012$2,948$2,131$1,518$1,069$181
29 years$3,832$2,781$1,983$1,392$966$151
30 years$3,664$2,627$1,847$1,278$873$127
31 years$3,507$2,483$1,722$1,174$789$106
32 years$3,361$2,350$1,607$1,079$714$88
33 years$3,224$2,225$1,500$992$646$74
34 years$3,095$2,109$1,402$913$585$62
35 years$2,973$2,000$1,310$840$530$52
36 years$2,859$1,898$1,226$774$480$43
37 years$2,751$1,803$1,147$713$435$36
38 years$2,649$1,714$1,074$657$394$30
39 years$2,552$1,629$1,007$606$358$25
40 years$2,461$1,550$944$559$324$21
41 years$2,374$1,476$885$516$294$18
42 years$2,292$1,405$830$476$267$15
43 years$2,213$1,339$779$439$242$12
44 years$2,139$1,276$731$406$220$10
45 years$2,068$1,217$686$375$200$9
46 years$2,000$1,161$645$346$181$7
47 years$1,935$1,108$606$320$165$6
48 years$1,873$1,058$569$295$149$5
49 years$1,814$1,010$535$273$136$4
50 years$1,757$965$503$252$123$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,800,000, adding $3,213 every year, while hoping to spend $33,656 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: 33/49/18 Blend
41$1,800,000$1,800,000$1,800,000$1,800,000
42$1,986,914$1,891,514$1,863,614$2,041,295
43$2,153,770$1,948,389$1,890,236$2,138,653
44$2,336,517$2,006,922$1,916,621$2,240,177
45$2,536,740$2,067,160$1,942,726$2,348,884
46$2,756,186$2,129,149$1,968,506$2,465,423
47$2,996,777$2,192,938$1,993,912$2,590,510
48$3,260,632$2,258,576$2,018,891$2,724,930
49$3,550,083$2,326,112$2,043,390$2,869,548
50$3,867,699$2,395,599$2,067,352$3,025,313
51$4,216,311$2,467,090$2,090,714$3,193,271
52$4,599,035$2,540,638$2,113,413$3,374,572
53$5,019,306$2,616,298$2,135,382$3,570,480
54$5,480,906$2,694,128$2,156,548$3,782,386
55$5,988,003$2,774,185$2,176,837$4,011,822
56$6,545,187$2,856,528$2,196,169$4,260,474
57$7,157,516$2,941,217$2,214,461$4,530,195
58$7,830,561$3,028,315$2,231,623$4,823,027
59$8,570,460$3,117,885$2,247,565$5,141,219
60$9,383,977$3,209,991$2,262,188$5,487,244
61$10,278,561$3,304,698$2,275,389$5,863,827
62$11,262,421$3,402,076$2,287,062$6,273,967
63$12,344,601$3,502,191$2,297,092$6,720,968
64$13,535,067$3,605,115$2,305,361$7,208,469
65$14,844,796$3,710,918$2,311,743$7,740,474
66$16,285,886$3,819,674$2,316,107$8,321,396
67$17,871,665$3,931,456$2,318,316$8,956,096
68$19,616,820$4,046,342$2,318,224$9,649,925
69$21,537,530$4,164,408$2,315,679$10,408,781
70$23,651,627$4,285,733$2,310,523$11,239,157
71$25,978,756$4,410,396$2,302,588$12,148,208
72$28,540,563$4,538,480$2,291,700$13,143,817
73$31,360,902$4,670,067$2,277,673$14,234,666
74$34,466,056$4,805,242$2,260,317$15,430,321
75$37,884,985$4,944,090$2,239,429$16,741,320
76$41,649,601$5,086,699$2,214,797$18,179,274
77$45,795,069$5,233,156$2,186,202$19,756,976
78$50,360,138$5,383,552$2,153,411$21,488,520
79$55,387,503$5,537,977$2,116,182$23,389,435
80$60,924,214$5,696,524$2,074,260$25,476,831
81$67,022,117$5,859,286$2,027,380$27,769,561
82$73,738,340$6,026,358$1,975,264$30,288,397
83$81,135,836$6,197,835$1,917,621$33,056,230
84$89,283,977$6,373,815$1,854,147$36,098,278
85$98,259,205$6,554,395$1,784,524$39,442,334
86$108,145,757$6,739,673$1,708,419$43,119,019
87$119,036,457$6,929,750$1,625,483$47,162,076
88$131,033,593$7,124,725$1,535,354$51,608,688
89$144,249,882$7,324,699$1,437,651$56,499,827
90$158,809,536$7,529,774$1,331,978$61,880,642
91$174,849,428$7,740,052$1,217,918$67,800,885
92$192,520,390$7,955,636$1,095,039$74,315,378
93$211,988,635$8,176,627$962,888$81,484,536
94$233,437,322$8,403,128$820,992$89,374,931
95$257,068,290$8,635,243$668,856$98,059,926
96$283,103,958$8,873,072$505,965$107,620,361
97$311,789,427$9,116,717$331,780$118,145,323
98$343,394,793$9,366,281$145,739$129,732,983
99$378,217,696$9,621,863$0$142,491,523
100$416,586,129$9,883,563$0$156,550,300