Can I retire at age 42 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$150,294$148,955$147,649$146,374$145,129$142,784
2 years$74,403$73,017$71,674$70,372$69,109$66,753
3 years$49,109$47,718$46,378$45,088$43,846$41,551
4 years$36,465$35,077$33,751$32,483$31,271$29,057
5 years$28,880$27,501$26,192$24,950$23,772$21,644
6 years$23,825$22,457$21,167$19,953$18,810$16,770
7 years$20,216$18,859$17,590$16,405$15,297$13,347
8 years$17,511$16,166$14,918$13,761$12,691$10,830
9 years$15,407$14,075$12,849$11,722$10,687$8,915
10 years$13,726$12,407$11,202$10,104$9,106$7,420
11 years$12,351$11,045$9,862$8,794$7,832$6,230
12 years$11,206$9,913$8,752$7,713$6,787$5,268
13 years$10,238$8,959$7,820$6,810$5,918$4,480
14 years$9,409$8,143$7,026$6,045$5,188$3,828
15 years$8,691$7,439$6,343$5,391$4,568$3,283
16 years$8,063$6,825$5,751$4,827$4,037$2,826
17 years$7,510$6,286$5,233$4,337$3,579$2,438
18 years$7,019$5,808$4,777$3,908$3,183$2,109
19 years$6,580$5,383$4,373$3,532$2,837$1,828
20 years$6,186$5,002$4,014$3,199$2,534$1,587
21 years$5,829$4,659$3,692$2,903$2,268$1,380
22 years$5,505$4,349$3,403$2,639$2,033$1,201
23 years$5,210$4,068$3,142$2,404$1,825$1,047
24 years$4,940$3,811$2,906$2,192$1,640$913
25 years$4,692$3,577$2,691$2,002$1,476$797
26 years$4,464$3,362$2,496$1,831$1,329$697
27 years$4,252$3,164$2,318$1,676$1,198$609
28 years$4,056$2,981$2,155$1,535$1,081$533
29 years$3,874$2,812$2,005$1,408$976$466
30 years$3,705$2,656$1,868$1,292$882$408
31 years$3,546$2,511$1,741$1,187$798$357
32 years$3,398$2,376$1,624$1,091$722$313
33 years$3,259$2,250$1,517$1,003$653$274
34 years$3,129$2,132$1,417$923$591$241
35 years$3,006$2,022$1,325$849$535$211
36 years$2,891$1,920$1,239$782$485$185
37 years$2,781$1,823$1,160$721$440$162
38 years$2,678$1,733$1,086$664$399$142
39 years$2,581$1,648$1,018$613$362$125
40 years$2,488$1,568$954$565$328$109
41 years$2,400$1,492$895$521$297$96
42 years$2,317$1,421$839$481$270$84
43 years$2,238$1,354$787$444$245$74
44 years$2,162$1,291$739$410$222$65
45 years$2,091$1,231$694$379$202$57
46 years$2,022$1,174$652$350$183$50
47 years$1,957$1,120$612$323$166$44
48 years$1,894$1,070$575$299$151$38
49 years$1,834$1,021$541$276$137$34
50 years$1,777$976$509$255$125$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,820,000, adding $4,628 every year, while hoping to spend $38,971 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: 46/26/28 Blend
41$1,820,000$1,820,000$1,820,000$1,820,000
42$2,010,414$1,913,954$1,885,744$2,086,498
43$2,174,011$1,966,273$1,907,451$2,193,172
44$2,352,989$2,019,849$1,928,580$2,304,716
45$2,548,876$2,074,703$1,949,069$2,424,998
46$2,763,353$2,130,856$1,968,855$2,554,858
47$2,998,274$2,188,326$1,987,870$2,695,220
48$3,255,678$2,247,134$2,006,044$2,847,103
49$3,537,811$2,307,298$2,023,301$3,011,631
50$3,847,149$2,368,837$2,039,563$3,190,039
51$4,186,417$2,431,769$2,054,746$3,383,691
52$4,558,616$2,496,110$2,068,765$3,594,086
53$4,967,053$2,561,877$2,081,526$3,822,881
54$5,415,369$2,629,086$2,092,934$4,071,896
55$5,907,576$2,697,751$2,102,887$4,343,140
56$6,448,094$2,767,885$2,111,278$4,638,827
57$7,041,789$2,839,501$2,117,996$4,961,394
58$7,694,025$2,912,610$2,122,922$5,313,530
59$8,410,709$2,987,222$2,125,934$5,698,196
60$9,198,350$3,063,344$2,126,901$6,118,657
61$10,064,117$3,140,983$2,125,688$6,578,508
62$11,015,909$3,220,144$2,122,151$7,081,715
63$12,062,430$3,300,829$2,116,141$7,632,647
64$13,213,268$3,383,039$2,107,501$8,236,119
65$14,478,985$3,466,773$2,096,067$8,897,438
66$15,871,222$3,552,025$2,081,665$9,622,453
67$17,402,801$3,638,788$2,064,116$10,417,611
68$19,087,852$3,727,054$2,043,229$11,290,016
69$20,941,942$3,816,809$2,018,806$12,247,499
70$22,982,223$3,908,036$1,990,639$13,298,691
71$25,227,596$4,000,716$1,958,512$14,453,104
72$27,698,884$4,094,824$1,922,195$15,721,223
73$30,419,033$4,190,333$1,881,451$17,114,601
74$33,413,325$4,287,210$1,836,031$18,645,975
75$36,709,619$4,385,418$1,785,673$20,329,380
76$40,338,611$4,484,915$1,730,103$22,180,288
77$44,334,126$4,585,652$1,669,038$24,215,749
78$48,733,434$4,687,576$1,602,178$26,454,556
79$53,577,604$4,790,626$1,529,210$28,917,420
80$58,911,889$4,894,738$1,449,809$31,627,170
81$64,786,158$4,999,835$1,363,633$34,608,965
82$71,255,357$5,105,838$1,270,326$37,890,535
83$78,380,036$5,212,657$1,169,515$41,502,441
84$86,226,917$5,320,194$1,060,811$45,478,366
85$94,869,521$5,428,342$943,807$49,855,434
86$104,388,866$5,536,985$818,078$54,674,560
87$114,874,227$5,645,994$683,180$59,980,836
88$126,423,983$5,755,232$538,652$65,823,961
89$139,146,540$5,864,550$384,007$72,258,708
90$153,161,359$5,973,784$218,743$79,345,444
91$168,600,077$6,082,760$42,331$87,150,698
92$185,607,758$6,191,287$0$95,747,796
93$204,344,251$6,299,163$0$105,261,146
94$224,985,709$6,406,166$0$115,752,540
95$247,726,243$6,512,060$0$127,307,654
96$272,779,760$6,616,591$0$140,034,849
97$300,381,976$6,719,485$0$154,053,538
98$330,792,647$6,820,449$0$169,495,317
99$364,298,016$6,919,169$0$186,505,198
100$401,213,514$7,015,309$0$205,242,990