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

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$148,642$147,318$146,027$144,766$143,535$139,951
2 years$73,585$72,215$70,887$69,599$68,350$64,762
3 years$48,570$47,193$45,868$44,593$43,364$39,884
4 years$36,064$34,692$33,380$32,127$30,928$27,583
5 years$28,563$27,199$25,905$24,676$23,511$20,310
6 years$23,564$22,210$20,935$19,734$18,603$15,550
7 years$19,994$18,652$17,397$16,224$15,129$12,224
8 years$17,318$15,988$14,754$13,610$12,551$9,792
9 years$15,238$13,921$12,708$11,593$10,570$7,955
10 years$13,575$12,270$11,079$9,993$9,006$6,532
11 years$12,215$10,924$9,754$8,697$7,746$5,409
12 years$11,083$9,804$8,656$7,628$6,712$4,508
13 years$10,125$8,860$7,734$6,735$5,853$3,778
14 years$9,305$8,054$6,949$5,978$5,131$3,180
15 years$8,595$7,357$6,274$5,332$4,518$2,687
16 years$7,975$6,750$5,688$4,774$3,993$2,277
17 years$7,428$6,217$5,176$4,289$3,540$1,934
18 years$6,942$5,744$4,725$3,866$3,148$1,646
19 years$6,508$5,324$4,325$3,493$2,806$1,404
20 years$6,118$4,947$3,970$3,163$2,506$1,199
21 years$5,765$4,608$3,651$2,871$2,243$1,025
22 years$5,445$4,302$3,365$2,610$2,010$877
23 years$5,153$4,023$3,107$2,377$1,804$751
24 years$4,886$3,769$2,874$2,168$1,622$644
25 years$4,641$3,537$2,662$1,980$1,459$553
26 years$4,415$3,325$2,468$1,811$1,315$474
27 years$4,206$3,129$2,292$1,657$1,185$407
28 years$4,012$2,948$2,131$1,518$1,069$350
29 years$3,832$2,781$1,983$1,392$966$301
30 years$3,664$2,627$1,847$1,278$873$259
31 years$3,507$2,483$1,722$1,174$789$222
32 years$3,361$2,350$1,607$1,079$714$191
33 years$3,224$2,225$1,500$992$646$165
34 years$3,095$2,109$1,402$913$585$142
35 years$2,973$2,000$1,310$840$530$122
36 years$2,859$1,898$1,226$774$480$105
37 years$2,751$1,803$1,147$713$435$90
38 years$2,649$1,714$1,074$657$394$78
39 years$2,552$1,629$1,007$606$358$67
40 years$2,461$1,550$944$559$324$58
41 years$2,374$1,476$885$516$294$50
42 years$2,292$1,405$830$476$267$43
43 years$2,213$1,339$779$439$242$37
44 years$2,139$1,276$731$406$220$32
45 years$2,068$1,217$686$375$200$27
46 years$2,000$1,161$645$346$181$23
47 years$1,935$1,108$606$320$165$20
48 years$1,873$1,058$569$295$149$17
49 years$1,814$1,010$535$273$136$15
50 years$1,757$965$503$252$123$13

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 $6,323 every year, while hoping to spend $57,549 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: 79/16/5 Blend
41$1,800,000$1,800,000$1,800,000$1,800,000
42$1,990,122$1,894,722$1,866,822$2,146,451
43$2,131,883$1,926,332$1,868,129$2,281,342
44$2,286,175$1,957,562$1,867,551$2,421,051
45$2,454,214$1,988,332$1,864,964$2,572,553
46$2,637,342$2,018,558$1,860,238$2,736,994
47$2,837,032$2,048,148$1,853,237$2,915,635
48$3,054,906$2,077,005$1,843,817$3,109,866
49$3,292,752$2,105,023$1,831,830$3,321,215
50$3,552,534$2,132,091$1,817,118$3,551,369
51$3,836,418$2,158,089$1,799,517$3,802,182
52$4,146,785$2,182,888$1,778,854$4,075,700
53$4,486,261$2,206,353$1,754,949$4,374,173
54$4,857,733$2,228,338$1,727,613$4,700,083
55$5,264,382$2,248,687$1,696,648$5,056,163
56$5,709,711$2,267,234$1,661,848$5,445,425
57$6,197,576$2,283,804$1,622,995$5,871,184
58$6,732,227$2,298,208$1,579,863$6,337,097
59$7,318,341$2,310,247$1,532,215$6,847,191
60$7,961,070$2,319,707$1,479,803$7,405,903
61$8,666,089$2,326,363$1,422,367$8,018,123
62$9,439,650$2,329,975$1,359,635$8,689,237
63$10,288,637$2,330,286$1,291,326$9,425,184
64$11,220,634$2,327,026$1,217,142$10,232,505
65$12,243,996$2,319,907$1,136,773$11,118,408
66$13,367,924$2,308,623$1,049,895$12,090,838
67$14,602,557$2,292,850$956,171$13,158,549
68$15,959,062$2,272,244$855,247$14,331,187
69$17,449,742$2,246,441$746,754$15,619,383
70$19,088,152$2,215,052$630,306$17,034,854
71$20,889,223$2,177,670$505,502$18,590,509
72$22,869,408$2,133,859$371,920$20,300,576
73$25,046,830$2,083,161$229,121$22,180,734
74$27,441,458$2,025,087$76,648$24,248,264
75$30,075,293$1,959,123$0$26,522,208
76$32,972,577$1,884,724$0$29,028,145
77$36,160,016$1,801,311$0$31,789,271
78$39,667,036$1,708,275$0$34,827,011
79$43,526,063$1,604,969$0$38,169,482
80$47,772,818$1,490,710$0$41,847,672
81$52,446,667$1,364,775$0$45,895,728
82$57,590,980$1,226,403$0$50,351,281
83$63,253,548$1,074,784$0$55,255,800
84$69,487,029$909,068$0$60,654,986
85$76,349,446$728,352$0$66,599,202
86$83,904,734$531,686$0$73,143,949
87$92,223,342$318,064$0$80,350,389
88$101,382,898$86,424$0$88,285,927
89$111,468,942$0$0$97,024,844
90$122,575,729$0$0$106,677,935
91$134,807,122$0$0$117,325,269
92$148,277,571$0$0$129,051,266
93$163,113,189$0$0$141,965,717
94$179,452,946$0$0$156,189,606
95$197,449,979$0$0$171,856,249
96$217,273,032$0$0$189,112,550
97$239,108,057$0$0$208,120,395
98$263,159,959$0$0$229,058,167
99$289,654,536$0$0$252,122,442
100$318,840,606$0$0$277,529,833