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

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$149,468$148,137$146,838$145,570$144,332$140,786
2 years$73,994$72,616$71,280$69,986$68,729$65,179
3 years$48,839$47,455$46,123$44,840$43,605$40,160
4 years$36,265$34,885$33,566$32,305$31,099$27,788
5 years$28,722$27,350$26,048$24,813$23,641$20,472
6 years$23,695$22,333$21,051$19,843$18,706$15,682
7 years$20,105$18,756$17,494$16,314$15,213$12,335
8 years$17,414$16,077$14,836$13,686$12,621$9,887
9 years$15,323$13,998$12,778$11,657$10,629$8,036
10 years$13,650$12,338$11,140$10,049$9,056$6,603
11 years$12,283$10,984$9,808$8,745$7,789$5,471
12 years$11,144$9,859$8,704$7,671$6,749$4,564
13 years$10,182$8,909$7,777$6,772$5,886$3,827
14 years$9,357$8,098$6,987$6,012$5,159$3,224
15 years$8,643$7,398$6,309$5,361$4,543$2,725
16 years$8,019$6,788$5,720$4,800$4,015$2,311
17 years$7,469$6,251$5,205$4,313$3,560$1,964
18 years$6,980$5,776$4,751$3,887$3,165$1,673
19 years$6,544$5,353$4,349$3,512$2,821$1,428
20 years$6,152$4,975$3,992$3,181$2,520$1,220
21 years$5,797$4,634$3,672$2,887$2,255$1,044
22 years$5,475$4,325$3,384$2,625$2,021$894
23 years$5,182$4,045$3,124$2,391$1,815$767
24 years$4,913$3,790$2,890$2,180$1,631$658
25 years$4,666$3,557$2,676$1,991$1,468$565
26 years$4,439$3,343$2,482$1,821$1,322$485
27 years$4,229$3,146$2,305$1,666$1,192$417
28 years$4,034$2,965$2,143$1,527$1,075$359
29 years$3,853$2,797$1,994$1,400$971$309
30 years$3,684$2,641$1,857$1,285$877$265
31 years$3,527$2,497$1,732$1,180$793$228
32 years$3,380$2,363$1,616$1,085$718$197
33 years$3,241$2,237$1,508$997$649$169
34 years$3,112$2,121$1,409$918$588$146
35 years$2,990$2,011$1,318$845$533$126
36 years$2,875$1,909$1,233$778$483$108
37 years$2,766$1,813$1,154$717$437$93
38 years$2,664$1,723$1,080$661$396$80
39 years$2,567$1,639$1,012$609$360$69
40 years$2,475$1,559$949$562$326$60
41 years$2,387$1,484$890$518$296$51
42 years$2,304$1,413$835$478$268$44
43 years$2,226$1,347$783$442$244$38
44 years$2,151$1,284$735$408$221$33
45 years$2,079$1,224$690$377$201$28
46 years$2,011$1,168$648$348$182$24
47 years$1,946$1,114$609$321$166$21
48 years$1,884$1,064$572$297$150$18
49 years$1,824$1,016$538$274$137$16
50 years$1,767$970$506$254$124$13

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 $4,573 every year, while hoping to spend $29,092 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: 75/10/15 Blend
41$1,810,000$1,810,000$1,810,000$1,810,000
42$1,999,337$1,903,407$1,875,352$2,142,438
43$2,172,316$1,965,720$1,907,223$2,299,965
44$2,361,963$2,030,112$1,939,186$2,468,503
45$2,569,949$2,096,653$1,971,214$2,652,436
46$2,798,112$2,165,417$2,003,278$2,853,286
47$3,048,477$2,236,480$2,035,346$3,072,731
48$3,323,276$2,309,922$2,067,384$3,312,619
49$3,624,966$2,385,824$2,099,357$3,574,982
50$3,956,254$2,464,270$2,131,227$3,862,063
51$4,320,121$2,545,349$2,162,952$4,176,328
52$4,719,854$2,629,152$2,194,491$4,520,495
53$5,159,070$2,715,771$2,225,798$4,897,558
54$5,641,756$2,805,305$2,256,824$5,310,815
55$6,172,306$2,897,855$2,287,517$5,763,899
56$6,755,556$2,993,526$2,317,824$6,260,812
57$7,396,839$3,092,424$2,347,688$6,805,963
58$8,102,027$3,194,664$2,377,046$7,404,207
59$8,877,593$3,300,361$2,405,835$8,060,897
60$9,730,664$3,409,636$2,433,988$8,781,926
61$10,669,096$3,522,613$2,461,431$9,573,789
62$11,701,545$3,639,421$2,488,090$10,443,641
63$12,837,546$3,760,196$2,513,884$11,399,365
64$14,087,606$3,885,076$2,538,729$12,449,648
65$15,463,301$4,014,205$2,562,537$13,604,059
66$16,977,389$4,147,732$2,585,213$14,873,141
67$18,643,924$4,285,812$2,606,659$16,268,513
68$20,478,393$4,428,605$2,626,770$17,802,976
69$22,497,860$4,576,278$2,645,439$19,490,634
70$24,721,130$4,729,003$2,662,548$21,347,028
71$27,168,920$4,886,960$2,677,979$23,389,283
72$29,864,061$5,050,332$2,691,602$25,636,268
73$32,831,710$5,219,313$2,703,286$28,108,774
74$36,099,587$5,394,101$2,712,888$30,829,712
75$39,698,237$5,574,905$2,720,262$33,824,326
76$43,661,318$5,761,936$2,725,252$37,120,433
77$48,025,921$5,955,420$2,727,696$40,748,687
78$52,832,914$6,155,585$2,727,424$44,742,864
79$58,127,334$6,362,671$2,724,255$49,140,184
80$63,958,807$6,576,926$2,718,002$53,981,659
81$70,382,018$6,798,608$2,708,468$59,312,485
82$77,457,228$7,027,984$2,695,446$65,182,463
83$85,250,841$7,265,331$2,678,719$71,646,471
84$93,836,031$7,510,937$2,658,061$78,764,984
85$103,293,434$7,765,101$2,633,233$86,604,641
86$113,711,904$8,028,131$2,603,987$95,238,874
87$125,189,359$8,300,349$2,570,060$104,748,607
88$137,833,697$8,582,090$2,531,181$115,223,009
89$151,763,821$8,873,700$2,487,063$126,760,348
90$167,110,757$9,175,537$2,437,406$139,468,906
91$184,018,892$9,487,976$2,381,896$153,468,011
92$202,647,336$9,811,404$2,320,207$168,889,157
93$223,171,425$10,146,223$2,251,994$185,877,249
94$245,784,373$10,492,851$2,176,899$204,591,968
95$270,699,100$10,851,722$2,094,546$225,209,279
96$298,150,238$11,223,286$2,004,543$247,923,092
97$328,396,347$11,608,012$1,906,480$272,947,092
98$361,722,355$12,006,385$1,799,927$300,516,759
99$398,442,247$12,418,910$1,684,437$330,891,583
100$438,902,031$12,846,111$1,559,540$364,357,525