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%13.9%
1 years$151,120$149,774$148,460$147,178$145,927$143,568
2 years$74,812$73,418$72,068$70,759$69,489$67,119
3 years$49,379$47,980$46,633$45,336$44,087$41,780
4 years$36,665$35,270$33,937$32,662$31,443$29,216
5 years$29,039$27,652$26,336$25,088$23,902$21,763
6 years$23,956$22,580$21,284$20,063$18,913$16,863
7 years$20,327$18,963$17,687$16,495$15,381$13,421
8 years$17,607$16,255$15,000$13,837$12,760$10,889
9 years$15,492$14,153$12,919$11,786$10,746$8,963
10 years$13,801$12,475$11,263$10,160$9,156$7,461
11 years$12,419$11,106$9,916$8,842$7,875$6,264
12 years$11,267$9,968$8,800$7,756$6,824$5,297
13 years$10,294$9,008$7,862$6,847$5,951$4,505
14 years$9,460$8,188$7,064$6,078$5,216$3,849
15 years$8,739$7,480$6,378$5,421$4,593$3,301
16 years$8,108$6,863$5,783$4,853$4,059$2,841
17 years$7,551$6,320$5,262$4,361$3,599$2,452
18 years$7,058$5,840$4,804$3,930$3,200$2,121
19 years$6,616$5,413$4,398$3,551$2,852$1,838
20 years$6,220$5,030$4,036$3,216$2,548$1,596
21 years$5,861$4,685$3,712$2,919$2,280$1,388
22 years$5,536$4,373$3,421$2,654$2,044$1,208
23 years$5,239$4,090$3,159$2,417$1,835$1,053
24 years$4,967$3,832$2,922$2,204$1,649$918
25 years$4,718$3,596$2,706$2,013$1,484$802
26 years$4,488$3,380$2,510$1,841$1,337$701
27 years$4,276$3,181$2,330$1,685$1,205$612
28 years$4,079$2,997$2,166$1,544$1,087$536
29 years$3,896$2,828$2,016$1,416$982$469
30 years$3,725$2,670$1,878$1,299$887$410
31 years$3,566$2,524$1,751$1,193$802$359
32 years$3,417$2,389$1,633$1,097$726$315
33 years$3,277$2,262$1,525$1,008$657$276
34 years$3,146$2,144$1,425$928$594$242
35 years$3,023$2,034$1,332$854$538$212
36 years$2,906$1,930$1,246$787$488$186
37 years$2,797$1,833$1,167$725$442$163
38 years$2,693$1,742$1,092$668$401$143
39 years$2,595$1,657$1,023$616$364$125
40 years$2,502$1,576$959$568$330$110
41 years$2,414$1,500$899$524$299$97
42 years$2,330$1,429$844$484$271$85
43 years$2,250$1,361$792$447$246$74
44 years$2,174$1,298$743$412$224$65
45 years$2,102$1,237$698$381$203$57
46 years$2,033$1,181$655$352$184$50
47 years$1,967$1,127$616$325$167$44
48 years$1,904$1,075$579$300$152$39
49 years$1,844$1,027$544$278$138$34
50 years$1,787$981$511$257$125$30

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 $5,203 every year, while hoping to spend $21,784 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: 55/37/8 Blend
41$1,830,000$1,830,000$1,830,000$1,830,000
42$2,022,027$1,925,037$1,896,672$2,129,119
43$2,205,096$1,996,186$1,937,032$2,273,224
44$2,406,107$2,070,091$1,978,015$2,427,187
45$2,626,869$2,146,864$2,019,617$2,594,286
46$2,869,372$2,226,622$2,061,836$2,775,774
47$3,135,808$2,309,487$2,104,668$2,973,027
48$3,428,595$2,395,586$2,148,109$3,187,557
49$3,750,393$2,485,052$2,192,152$3,421,031
50$4,104,135$2,578,021$2,236,791$3,675,276
51$4,493,052$2,674,639$2,282,019$3,952,308
52$4,920,702$2,775,056$2,327,826$4,254,341
53$5,391,008$2,879,428$2,374,202$4,583,812
54$5,908,289$2,987,918$2,421,136$4,943,402
55$6,477,306$3,100,698$2,468,616$5,336,061
56$7,103,304$3,217,944$2,516,627$5,765,036
57$7,792,061$3,339,843$2,565,153$6,233,900
58$8,549,943$3,466,588$2,614,178$6,746,586
59$9,383,967$3,598,380$2,663,683$7,307,423
60$10,301,863$3,735,432$2,713,647$7,921,177
61$11,312,146$3,877,962$2,764,048$8,593,092
62$12,424,203$4,026,200$2,814,862$9,328,945
63$13,648,374$4,180,385$2,866,061$10,135,093
64$14,996,052$4,340,768$2,917,618$11,018,537
65$16,479,793$4,507,609$2,969,502$11,986,986
66$18,113,431$4,681,181$3,021,680$13,048,928
67$19,912,210$4,861,768$3,074,115$14,213,709
68$21,892,928$5,049,667$3,126,770$15,491,623
69$24,074,093$5,245,188$3,179,604$16,894,005
70$26,476,102$5,448,654$3,232,573$18,433,339
71$29,121,430$5,660,403$3,285,629$20,123,375
72$32,034,841$5,880,788$3,338,723$21,979,255
73$35,243,625$6,110,177$3,391,800$24,017,658
74$38,777,854$6,348,955$3,444,805$26,256,956
75$42,670,664$6,597,523$3,497,675$28,717,383
76$46,958,572$6,856,301$3,550,347$31,421,230
77$51,681,814$7,125,728$3,602,752$34,393,049
78$56,884,732$7,406,261$3,654,816$37,659,887
79$62,616,185$7,698,379$3,706,463$41,251,536
80$68,930,017$8,002,580$3,757,610$45,200,820
81$75,885,559$8,319,387$3,808,171$49,543,893
82$83,548,194$8,649,345$3,858,053$54,320,590
83$91,989,971$8,993,023$3,907,158$59,574,791
84$101,290,284$9,351,018$3,955,384$65,354,840
85$111,536,625$9,723,950$4,002,622$71,714,000
86$122,825,408$10,112,470$4,048,756$78,710,948
87$135,262,875$10,517,257$4,093,666$86,410,334
88$148,966,107$10,939,021$4,137,222$94,883,382
89$164,064,120$11,378,503$4,179,289$104,208,569
90$180,699,090$11,836,480$4,219,725$114,472,356
91$199,027,690$12,313,760$4,258,379$125,770,005
92$219,222,572$12,811,193$4,295,092$138,206,476
93$241,473,995$13,329,662$4,329,699$151,897,414
94$265,991,621$13,870,094$4,362,022$166,970,243
95$293,006,495$14,433,456$4,391,878$183,565,357
96$322,773,222$15,020,761$4,419,071$201,837,451
97$355,572,378$15,633,065$4,443,397$221,956,975
98$391,713,151$16,271,475$4,464,641$244,111,739
99$431,536,263$16,937,148$4,482,577$268,508,687
100$475,417,186$17,631,293$4,496,967$295,375,842