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

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$150,294$148,955$147,649$146,374$145,129$144,457
2 years$74,403$73,017$71,674$70,372$69,109$68,431
3 years$49,109$47,718$46,378$45,088$43,846$43,182
4 years$36,465$35,077$33,751$32,483$31,271$30,627
5 years$28,880$27,501$26,192$24,950$23,772$23,149
6 years$23,825$22,457$21,167$19,953$18,810$18,210
7 years$20,216$18,859$17,590$16,405$15,297$14,720
8 years$17,511$16,166$14,918$13,761$12,691$12,136
9 years$15,407$14,075$12,849$11,722$10,687$10,156
10 years$13,726$12,407$11,202$10,104$9,106$8,597
11 years$12,351$11,045$9,862$8,794$7,832$7,345
12 years$11,206$9,913$8,752$7,713$6,787$6,322
13 years$10,238$8,959$7,820$6,810$5,918$5,474
14 years$9,409$8,143$7,026$6,045$5,188$4,765
15 years$8,691$7,439$6,343$5,391$4,568$4,165
16 years$8,063$6,825$5,751$4,827$4,037$3,654
17 years$7,510$6,286$5,233$4,337$3,579$3,216
18 years$7,019$5,808$4,777$3,908$3,183$2,838
19 years$6,580$5,383$4,373$3,532$2,837$2,510
20 years$6,186$5,002$4,014$3,199$2,534$2,224
21 years$5,829$4,659$3,692$2,903$2,268$1,975
22 years$5,505$4,349$3,403$2,639$2,033$1,756
23 years$5,210$4,068$3,142$2,404$1,825$1,563
24 years$4,940$3,811$2,906$2,192$1,640$1,394
25 years$4,692$3,577$2,691$2,002$1,476$1,244
26 years$4,464$3,362$2,496$1,831$1,329$1,111
27 years$4,252$3,164$2,318$1,676$1,198$993
28 years$4,056$2,981$2,155$1,535$1,081$888
29 years$3,874$2,812$2,005$1,408$976$795
30 years$3,705$2,656$1,868$1,292$882$712
31 years$3,546$2,511$1,741$1,187$798$638
32 years$3,398$2,376$1,624$1,091$722$572
33 years$3,259$2,250$1,517$1,003$653$513
34 years$3,129$2,132$1,417$923$591$460
35 years$3,006$2,022$1,325$849$535$413
36 years$2,891$1,920$1,239$782$485$371
37 years$2,781$1,823$1,160$721$440$333
38 years$2,678$1,733$1,086$664$399$299
39 years$2,581$1,648$1,018$613$362$269
40 years$2,488$1,568$954$565$328$242
41 years$2,400$1,492$895$521$297$217
42 years$2,317$1,421$839$481$270$195
43 years$2,238$1,354$787$444$245$175
44 years$2,162$1,291$739$410$222$158
45 years$2,091$1,231$694$379$202$142
46 years$2,022$1,174$652$350$183$128
47 years$1,957$1,120$612$323$166$115
48 years$1,894$1,070$575$299$151$103
49 years$1,834$1,021$541$276$137$93
50 years$1,777$976$509$255$125$83

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 $5,564 every year, while hoping to spend $43,122 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: 46/43/11 Blend
41$1,820,000$1,820,000$1,820,000$1,820,000
42$2,011,379$1,914,919$1,886,709$2,097,450
43$2,170,658$1,962,869$1,904,033$2,205,490
44$2,344,739$2,011,723$1,920,491$2,317,746
45$2,535,085$2,061,480$1,936,010$2,438,551
46$2,743,308$2,112,137$1,950,511$2,568,712
47$2,971,184$2,163,690$1,963,911$2,709,118
48$3,220,667$2,216,133$1,976,125$2,860,748
49$3,493,910$2,269,458$1,987,060$3,024,677
50$3,793,283$2,323,656$1,996,620$3,202,094
51$4,121,395$2,378,713$2,004,705$3,394,303
52$4,481,124$2,434,616$2,011,208$3,602,745
53$4,875,634$2,491,347$2,016,019$3,829,004
54$5,308,413$2,548,888$2,019,020$4,074,825
55$5,783,302$2,607,215$2,020,089$4,342,133
56$6,304,534$2,666,303$2,019,097$4,633,046
57$6,876,768$2,726,123$2,015,908$4,949,899
58$7,505,139$2,786,644$2,010,382$5,295,263
59$8,195,302$2,847,829$2,002,369$5,671,974
60$8,953,489$2,909,638$1,991,714$6,083,152
61$9,786,561$2,972,027$1,978,253$6,532,241
62$10,702,082$3,034,947$1,961,815$7,023,030
63$11,708,380$3,098,345$1,942,222$7,559,699
64$12,814,633$3,162,163$1,919,284$8,146,852
65$14,030,951$3,226,335$1,892,807$8,789,563
66$15,368,475$3,290,792$1,862,583$9,493,424
67$16,839,477$3,355,458$1,828,396$10,264,598
68$18,457,479$3,420,251$1,790,023$11,109,877
69$20,237,378$3,485,080$1,747,225$12,036,746
70$22,195,591$3,549,849$1,699,757$13,053,454
71$24,350,202$3,614,452$1,647,360$14,169,092
72$26,721,139$3,678,777$1,589,763$15,393,682
73$29,330,359$3,742,701$1,526,684$16,738,265
74$32,202,055$3,806,092$1,457,827$18,215,014
75$35,362,884$3,868,810$1,382,884$19,837,343
76$38,842,219$3,930,702$1,301,531$21,620,035
77$42,672,423$3,991,605$1,213,430$23,579,387
78$46,889,160$4,051,343$1,118,230$25,733,356
79$51,531,725$4,109,730$1,015,561$28,101,736
80$56,643,417$4,166,563$905,039$30,706,342
81$62,271,949$4,221,628$786,261$33,571,219
82$68,469,895$4,274,694$658,807$36,722,865
83$75,295,186$4,325,516$522,240$40,190,487
84$82,811,660$4,373,832$376,100$44,006,276
85$91,089,660$4,419,360$219,910$48,205,710
86$100,206,699$4,461,803$53,170$52,827,889
87$110,248,192$4,500,840$0$57,915,910
88$121,308,260$4,536,134$0$63,531,915
89$133,490,619$4,567,321$0$69,721,219
90$146,909,560$4,594,018$0$76,535,338
91$161,691,025$4,615,814$0$84,037,928
92$177,973,794$4,632,274$0$92,299,145
93$195,910,800$4,642,934$0$101,396,303
94$215,670,566$4,647,302$0$111,414,608
95$237,438,800$4,644,856$0$122,447,963
96$261,420,143$4,635,040$0$134,599,853
97$287,840,105$4,617,264$0$147,984,327
98$316,947,189$4,590,903$0$162,727,076
99$349,015,238$4,555,294$0$178,966,615
100$384,346,021$4,509,731$0$196,855,598