Can I retire at age 42 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$149,468$148,137$146,838$145,570$144,332$140,387
2 years$73,994$72,616$71,280$69,986$68,729$64,784
3 years$48,839$47,455$46,123$44,840$43,605$39,782
4 years$36,265$34,885$33,566$32,305$31,099$27,429
5 years$28,722$27,350$26,048$24,813$23,641$20,133
6 years$23,695$22,333$21,051$19,843$18,706$15,364
7 years$20,105$18,756$17,494$16,314$15,213$12,037
8 years$17,414$16,077$14,836$13,686$12,621$9,608
9 years$15,323$13,998$12,778$11,657$10,629$7,777
10 years$13,650$12,338$11,140$10,049$9,056$6,362
11 years$12,283$10,984$9,808$8,745$7,789$5,248
12 years$11,144$9,859$8,704$7,671$6,749$4,357
13 years$10,182$8,909$7,777$6,772$5,886$3,637
14 years$9,357$8,098$6,987$6,012$5,159$3,049
15 years$8,643$7,398$6,309$5,361$4,543$2,565
16 years$8,019$6,788$5,720$4,800$4,015$2,164
17 years$7,469$6,251$5,205$4,313$3,560$1,830
18 years$6,980$5,776$4,751$3,887$3,165$1,551
19 years$6,544$5,353$4,349$3,512$2,821$1,317
20 years$6,152$4,975$3,992$3,181$2,520$1,119
21 years$5,797$4,634$3,672$2,887$2,255$952
22 years$5,475$4,325$3,384$2,625$2,021$811
23 years$5,182$4,045$3,124$2,391$1,815$692
24 years$4,913$3,790$2,890$2,180$1,631$590
25 years$4,666$3,557$2,676$1,991$1,468$504
26 years$4,439$3,343$2,482$1,821$1,322$431
27 years$4,229$3,146$2,305$1,666$1,192$368
28 years$4,034$2,965$2,143$1,527$1,075$315
29 years$3,853$2,797$1,994$1,400$971$269
30 years$3,684$2,641$1,857$1,285$877$230
31 years$3,527$2,497$1,732$1,180$793$197
32 years$3,380$2,363$1,616$1,085$718$169
33 years$3,241$2,237$1,508$997$649$144
34 years$3,112$2,121$1,409$918$588$124
35 years$2,990$2,011$1,318$845$533$106
36 years$2,875$1,909$1,233$778$483$91
37 years$2,766$1,813$1,154$717$437$78
38 years$2,664$1,723$1,080$661$396$66
39 years$2,567$1,639$1,012$609$360$57
40 years$2,475$1,559$949$562$326$49
41 years$2,387$1,484$890$518$296$42
42 years$2,304$1,413$835$478$268$36
43 years$2,226$1,347$783$442$244$31
44 years$2,151$1,284$735$408$221$26
45 years$2,079$1,224$690$377$201$23
46 years$2,011$1,168$648$348$182$19
47 years$1,946$1,114$609$321$166$17
48 years$1,884$1,064$572$297$150$14
49 years$1,824$1,016$538$274$137$12
50 years$1,767$970$506$254$124$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,810,000, adding $2,176 every year, while hoping to spend $28,540 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: 44/27/29 Blend
41$1,810,000$1,810,000$1,810,000$1,810,000
42$1,996,865$1,900,935$1,872,880$2,067,819
43$2,170,178$1,963,714$1,905,255$2,181,552
44$2,360,214$2,028,613$1,937,758$2,301,884
45$2,568,646$2,095,706$1,970,363$2,431,791
46$2,797,321$2,165,068$2,003,043$2,572,179
47$3,048,270$2,236,779$2,035,768$2,724,050
48$3,323,734$2,310,921$2,068,506$2,888,502
49$3,626,178$2,387,579$2,101,224$3,066,744
50$3,958,319$2,466,842$2,133,886$3,260,110
51$4,323,149$2,548,799$2,166,453$3,470,063
52$4,723,967$2,633,547$2,198,886$3,698,219
53$5,164,404$2,721,183$2,231,141$3,946,351
54$5,648,460$2,811,808$2,263,172$4,216,417
55$6,180,546$2,905,529$2,294,930$4,510,569
56$6,765,516$3,002,454$2,326,364$4,831,177
57$7,408,721$3,102,697$2,357,421$5,180,851
58$8,116,057$3,206,376$2,388,040$5,562,466
59$8,894,017$3,313,611$2,418,163$5,979,188
60$9,749,759$3,424,530$2,447,723$6,434,502
61$10,691,166$3,539,263$2,476,653$6,932,247
62$11,726,924$3,657,947$2,504,880$7,476,654
63$12,866,606$3,780,721$2,532,329$8,072,380
64$14,120,756$3,907,733$2,558,919$8,724,556
65$15,500,996$4,039,134$2,584,565$9,438,834
66$17,020,127$4,175,081$2,609,177$10,221,440
67$18,692,257$4,315,738$2,632,662$11,079,232
68$20,532,931$4,461,273$2,654,920$12,019,765
69$22,559,277$4,611,862$2,675,847$13,051,364
70$24,790,168$4,767,688$2,695,332$14,183,199
71$27,246,399$4,928,939$2,713,260$15,425,371
72$29,950,887$5,095,812$2,729,510$16,789,011
73$32,928,882$5,268,511$2,743,952$18,286,382
74$36,208,206$5,447,246$2,756,453$19,930,996
75$39,819,520$5,632,238$2,766,871$21,737,737
76$43,796,607$5,823,714$2,775,057$23,723,007
77$48,176,695$6,021,910$2,780,856$25,904,877
78$53,000,806$6,227,072$2,784,103$28,303,260
79$58,314,144$6,439,455$2,784,626$30,940,094
80$64,166,522$6,659,323$2,782,246$33,839,552
81$70,612,828$6,886,951$2,776,773$37,028,273
82$77,713,550$7,122,624$2,768,007$40,535,604
83$85,535,339$7,366,640$2,755,742$44,393,887
84$94,151,642$7,619,304$2,739,759$48,638,756
85$103,643,398$7,880,938$2,719,829$53,309,479
86$114,099,793$8,151,873$2,695,712$58,449,324
87$125,619,112$8,432,454$2,667,158$64,105,968
88$138,309,656$8,723,040$2,633,903$70,331,948
89$152,290,774$9,024,001$2,595,671$77,185,158
90$167,693,982$9,335,727$2,552,176$84,729,389
91$184,664,209$9,658,618$2,503,114$93,034,939
92$203,361,159$9,993,091$2,448,169$102,179,269
93$223,960,827$10,339,582$2,387,013$112,247,740
94$246,657,151$10,698,541$2,319,297$123,334,412
95$271,663,848$11,070,437$2,244,661$135,542,937
96$299,216,429$11,455,758$2,162,726$148,987,535
97$329,574,424$11,855,009$2,073,097$163,794,072
98$363,023,829$12,268,719$1,975,359$180,101,248
99$399,879,807$12,697,433$1,869,081$198,061,903
100$440,489,663$13,141,723$1,753,811$217,844,466