Can I retire at age 42 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$151,120$149,774$148,460$147,178$145,927$144,825
2 years$74,812$73,418$72,068$70,759$69,489$68,378
3 years$49,379$47,980$46,633$45,336$44,087$43,001
4 years$36,665$35,270$33,937$32,662$31,443$30,391
5 years$29,039$27,652$26,336$25,088$23,902$22,888
6 years$23,956$22,580$21,284$20,063$18,913$17,937
7 years$20,327$18,963$17,687$16,495$15,381$14,443
8 years$17,607$16,255$15,000$13,837$12,760$11,861
9 years$15,492$14,153$12,919$11,786$10,746$9,885
10 years$13,801$12,475$11,263$10,160$9,156$8,333
11 years$12,419$11,106$9,916$8,842$7,875$7,089
12 years$11,267$9,968$8,800$7,756$6,824$6,074
13 years$10,294$9,008$7,862$6,847$5,951$5,237
14 years$9,460$8,188$7,064$6,078$5,216$4,537
15 years$8,739$7,480$6,378$5,421$4,593$3,948
16 years$8,108$6,863$5,783$4,853$4,059$3,447
17 years$7,551$6,320$5,262$4,361$3,599$3,019
18 years$7,058$5,840$4,804$3,930$3,200$2,651
19 years$6,616$5,413$4,398$3,551$2,852$2,333
20 years$6,220$5,030$4,036$3,216$2,548$2,057
21 years$5,861$4,685$3,712$2,919$2,280$1,817
22 years$5,536$4,373$3,421$2,654$2,044$1,607
23 years$5,239$4,090$3,159$2,417$1,835$1,423
24 years$4,967$3,832$2,922$2,204$1,649$1,262
25 years$4,718$3,596$2,706$2,013$1,484$1,120
26 years$4,488$3,380$2,510$1,841$1,337$995
27 years$4,276$3,181$2,330$1,685$1,205$885
28 years$4,079$2,997$2,166$1,544$1,087$787
29 years$3,896$2,828$2,016$1,416$982$700
30 years$3,725$2,670$1,878$1,299$887$624
31 years$3,566$2,524$1,751$1,193$802$556
32 years$3,417$2,389$1,633$1,097$726$495
33 years$3,277$2,262$1,525$1,008$657$442
34 years$3,146$2,144$1,425$928$594$394
35 years$3,023$2,034$1,332$854$538$352
36 years$2,906$1,930$1,246$787$488$314
37 years$2,797$1,833$1,167$725$442$280
38 years$2,693$1,742$1,092$668$401$250
39 years$2,595$1,657$1,023$616$364$223
40 years$2,502$1,576$959$568$330$200
41 years$2,414$1,500$899$524$299$178
42 years$2,330$1,429$844$484$271$159
43 years$2,250$1,361$792$447$246$142
44 years$2,174$1,298$743$412$224$127
45 years$2,102$1,237$698$381$203$114
46 years$2,033$1,181$655$352$184$102
47 years$1,967$1,127$616$325$167$91
48 years$1,904$1,075$579$300$152$81
49 years$1,844$1,027$544$278$138$73
50 years$1,787$981$511$257$125$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,830,000, adding $5,959 every year, while hoping to spend $48,003 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: 47/44/9 Blend
41$1,830,000$1,830,000$1,830,000$1,830,000
42$2,022,807$1,925,817$1,897,452$2,112,618
43$2,178,058$1,969,107$1,909,942$2,218,321
44$2,347,536$2,012,909$1,921,241$2,327,486
45$2,532,642$2,057,199$1,931,259$2,444,854
46$2,734,916$2,101,947$1,939,901$2,571,202
47$2,956,057$2,147,121$1,947,067$2,707,385
48$3,197,933$2,192,688$1,952,652$2,854,345
49$3,462,601$2,238,609$1,956,545$3,013,121
50$3,752,328$2,284,842$1,958,631$3,184,856
51$4,069,607$2,331,342$1,958,787$3,370,810
52$4,417,188$2,378,058$1,956,887$3,572,371
53$4,798,094$2,424,936$1,952,796$3,791,068
54$5,215,660$2,471,918$1,946,374$4,028,589
55$5,673,554$2,518,938$1,937,474$4,286,789
56$6,175,819$2,565,929$1,925,942$4,567,718
57$6,726,907$2,612,814$1,911,616$4,873,631
58$7,331,722$2,659,513$1,894,326$5,207,015
59$7,995,667$2,705,938$1,873,895$5,570,612
60$8,724,692$2,751,995$1,850,137$5,967,443
61$9,525,351$2,797,584$1,822,858$6,400,839
62$10,404,866$2,842,595$1,791,853$6,874,470
63$11,371,191$2,886,911$1,756,909$7,392,383
64$12,433,090$2,930,407$1,717,802$7,959,038
65$13,600,217$2,972,948$1,674,300$8,579,353
66$14,883,207$3,014,391$1,626,158$9,258,746
67$16,293,780$3,054,581$1,573,119$10,003,193
68$17,844,844$3,093,354$1,514,917$10,819,279
69$19,550,623$3,130,534$1,451,272$11,714,264
70$21,426,788$3,165,931$1,381,891$12,696,151
71$23,490,605$3,199,347$1,306,469$13,773,762
72$25,761,097$3,230,565$1,224,686$14,956,821
73$28,259,225$3,259,359$1,136,209$16,256,048
74$31,008,082$3,285,484$1,040,689$17,683,260
75$34,033,115$3,308,681$937,760$19,251,484
76$37,362,361$3,328,675$827,043$20,975,078
77$41,026,713$3,345,171$708,140$22,869,872
78$45,060,210$3,357,857$580,636$24,953,312
79$49,500,361$3,366,401$444,096$27,244,632
80$54,388,493$3,370,450$298,069$29,765,034
81$59,770,146$3,369,629$142,081$32,537,887
82$65,695,500$3,363,539$0$35,588,951
83$72,219,847$3,351,759$0$38,948,965
84$79,404,114$3,333,838$0$42,661,599
85$87,315,439$3,309,301$0$46,747,748
86$96,027,801$3,277,644$0$51,245,495
87$105,622,718$3,238,330$0$56,196,816
88$116,190,019$3,190,792$0$61,647,973
89$127,828,689$3,134,429$0$67,649,958
90$140,647,803$3,068,604$0$74,258,970
91$154,767,556$2,992,642$0$81,536,952
92$170,320,393$2,905,828$0$89,552,173
93$187,452,267$2,807,407$0$98,379,877
94$206,324,006$2,696,578$0$108,102,996
95$227,112,838$2,572,494$0$118,812,931
96$250,014,060$2,434,259$0$130,610,421
97$275,242,882$2,280,926$0$143,606,494
98$303,036,457$2,111,491$0$157,923,518
99$333,656,118$1,924,897$0$173,696,359
100$367,389,848$1,720,023$0$191,073,658