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 $4,249 every year, while hoping to spend $53,117 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: 55/28/17 Blend
41$1,820,000$1,820,000$1,820,000$1,820,000
42$2,010,023$1,913,563$1,885,353$2,111,243
43$2,158,529$1,950,811$1,891,996$2,217,959
44$2,320,403$1,988,105$1,897,082$2,328,052
45$2,496,951$2,025,389$1,900,501$2,446,749
46$2,689,613$2,062,606$1,902,141$2,574,884
47$2,899,973$2,099,693$1,901,882$2,713,378
48$3,129,774$2,136,582$1,899,599$2,863,247
49$3,380,936$2,173,200$1,895,161$3,025,609
50$3,655,573$2,209,467$1,888,429$3,201,698
51$3,956,010$2,245,300$1,879,260$3,392,873
52$4,284,810$2,280,607$1,867,503$3,600,636
53$4,644,794$2,315,290$1,852,998$3,826,639
54$5,039,069$2,349,246$1,835,580$4,072,706
55$5,471,057$2,382,361$1,815,074$4,340,846
56$5,944,524$2,414,516$1,791,298$4,633,276
57$6,463,620$2,445,582$1,764,061$4,952,441
58$7,032,916$2,475,422$1,733,164$5,301,035
59$7,657,445$2,503,890$1,698,396$5,682,030
60$8,342,752$2,530,828$1,659,541$6,098,701
61$9,094,944$2,556,070$1,616,367$6,554,661
62$9,920,749$2,579,438$1,568,635$7,053,893
63$10,827,577$2,600,742$1,516,096$7,600,790
64$11,823,590$2,619,779$1,458,486$8,200,194
65$12,917,783$2,636,334$1,395,531$8,857,444
66$14,120,061$2,650,179$1,326,946$9,578,427
67$15,441,338$2,661,068$1,252,430$10,369,633
68$16,893,638$2,668,744$1,171,670$11,238,221
69$18,490,207$2,672,931$1,084,338$12,192,079
70$20,245,639$2,673,335$990,094$13,239,908
71$22,176,011$2,669,646$888,580$14,391,299
72$24,299,040$2,661,534$779,423$15,656,825
73$26,634,241$2,648,648$662,233$17,048,147
74$29,203,119$2,630,617$536,603$18,578,116
75$32,029,366$2,607,046$402,108$20,260,902
76$35,139,087$2,577,518$258,304$22,112,129
77$38,561,046$2,541,588$104,730$24,149,016
78$42,326,934$2,498,788$0$26,390,552
79$46,471,672$2,448,619$0$28,868,397
80$51,033,736$2,390,555$0$31,615,865
81$56,055,523$2,324,037$0$34,639,470
82$61,583,746$2,248,474$0$37,967,352
83$67,669,880$2,163,242$0$41,630,526
84$74,370,645$2,067,678$0$45,663,174
85$81,748,539$1,961,082$0$50,102,970
86$89,872,428$1,842,714$0$54,991,436
87$98,818,199$1,711,790$0$60,374,336
88$108,669,470$1,567,483$0$66,302,107
89$119,518,383$1,408,916$0$72,830,339
90$131,466,471$1,235,166$0$80,020,299
91$144,625,616$1,045,254$0$87,939,509
92$159,119,105$838,148$0$96,662,391
93$175,082,793$612,756$0$106,270,965
94$192,666,383$367,926$0$116,855,627
95$212,034,842$102,442$0$128,516,005
96$233,369,953$0$0$141,361,899
97$256,872,033$0$0$155,571,317
98$282,761,823$0$0$171,259,376
99$311,282,571$0$0$188,541,940
100$342,702,324$0$0$207,581,471