Can I retire at age 42 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$152,771$151,410$150,083$148,787$147,522$143,839
2 years$75,629$74,221$72,856$71,532$70,248$66,561
3 years$49,919$48,504$47,142$45,831$44,568$40,992
4 years$37,066$35,656$34,308$33,019$31,787$28,349
5 years$29,356$27,954$26,624$25,362$24,164$20,874
6 years$24,218$22,827$21,516$20,282$19,120$15,982
7 years$20,550$19,170$17,880$16,675$15,550$12,563
8 years$17,799$16,432$15,164$13,988$12,900$10,064
9 years$15,661$14,307$13,061$11,915$10,864$8,176
10 years$13,952$12,611$11,386$10,271$9,256$6,713
11 years$12,554$11,227$10,024$8,939$7,961$5,559
12 years$11,391$10,077$8,896$7,840$6,899$4,634
13 years$10,407$9,106$7,948$6,922$6,016$3,883
14 years$9,564$8,277$7,142$6,144$5,273$3,269
15 years$8,834$7,562$6,448$5,480$4,643$2,761
16 years$8,196$6,938$5,846$4,907$4,104$2,340
17 years$7,634$6,389$5,320$4,408$3,638$1,988
18 years$7,135$5,904$4,856$3,973$3,235$1,692
19 years$6,689$5,472$4,446$3,590$2,884$1,443
20 years$6,288$5,085$4,080$3,251$2,576$1,232
21 years$5,925$4,736$3,753$2,951$2,305$1,053
22 years$5,596$4,421$3,459$2,683$2,066$902
23 years$5,296$4,135$3,194$2,443$1,855$772
24 years$5,022$3,874$2,953$2,229$1,667$662
25 years$4,770$3,636$2,736$2,035$1,500$568
26 years$4,537$3,417$2,537$1,861$1,351$488
27 years$4,322$3,216$2,356$1,703$1,218$419
28 years$4,123$3,030$2,190$1,561$1,099$360
29 years$3,938$2,859$2,038$1,431$993$309
30 years$3,766$2,700$1,898$1,313$897$266
31 years$3,605$2,552$1,770$1,206$811$229
32 years$3,454$2,415$1,651$1,109$733$197
33 years$3,313$2,287$1,542$1,019$664$169
34 years$3,180$2,167$1,441$938$601$146
35 years$3,056$2,056$1,347$863$544$125
36 years$2,938$1,951$1,260$795$493$108
37 years$2,827$1,853$1,179$733$447$93
38 years$2,722$1,761$1,104$675$405$80
39 years$2,623$1,675$1,035$623$367$69
40 years$2,529$1,593$970$574$333$59
41 years$2,440$1,517$909$530$302$51
42 years$2,355$1,444$853$489$274$44
43 years$2,275$1,376$800$451$249$38
44 years$2,198$1,312$751$417$226$33
45 years$2,125$1,251$705$385$205$28
46 years$2,055$1,193$663$356$186$24
47 years$1,989$1,139$622$329$169$21
48 years$1,925$1,087$585$304$154$18
49 years$1,864$1,038$550$281$140$15
50 years$1,806$992$517$259$127$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,850,000, adding $5,748 every year, while hoping to spend $53,952 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: 32/47/21 Blend
41$1,850,000$1,850,000$1,850,000$1,850,000
42$2,044,629$1,946,579$1,917,904$2,096,620
43$2,195,777$1,984,557$1,924,749$2,174,102
44$2,360,533$2,022,587$1,930,016$2,252,209
45$2,540,230$2,060,616$1,933,593$2,335,220
46$2,736,331$2,098,585$1,935,367$2,423,598
47$2,950,450$2,136,429$1,935,215$2,517,855
48$3,184,363$2,174,080$1,933,011$2,618,555
49$3,440,023$2,211,465$1,928,622$2,726,322
50$3,719,582$2,248,504$1,921,908$2,841,847
51$4,025,409$2,285,111$1,912,722$2,965,889
52$4,360,114$2,321,194$1,900,911$3,099,291
53$4,726,568$2,356,654$1,886,313$3,242,983
54$5,127,934$2,391,387$1,868,761$3,397,990
55$5,567,696$2,425,278$1,848,078$3,565,447
56$6,049,691$2,458,206$1,824,078$3,746,608
57$6,578,143$2,490,042$1,796,568$3,942,856
58$7,157,705$2,520,646$1,765,345$4,155,721
59$7,793,504$2,549,870$1,730,197$4,386,889
60$8,491,184$2,577,556$1,690,901$4,638,227
61$9,256,964$2,603,535$1,647,225$4,911,793
62$10,097,693$2,627,627$1,598,926$5,209,861
63$11,020,917$2,649,640$1,545,749$5,534,943
64$12,034,947$2,669,369$1,487,428$5,889,811
65$13,148,940$2,686,597$1,423,686$6,277,526
66$14,372,983$2,701,091$1,354,230$6,701,469
67$15,718,188$2,712,605$1,278,758$7,165,370
68$17,196,798$2,720,878$1,196,951$7,673,349
69$18,822,299$2,725,629$1,108,477$8,229,953
70$20,609,552$2,726,563$1,012,989$8,840,199
71$22,574,926$2,723,365$910,124$9,509,629
72$24,736,460$2,715,701$799,505$10,244,356
73$27,114,026$2,703,217$680,735$11,051,127
74$29,729,518$2,685,536$553,401$11,937,388
75$32,607,061$2,662,259$417,072$12,911,357
76$35,773,234$2,632,963$271,297$13,982,101
77$39,257,326$2,597,200$115,607$15,159,624
78$43,091,605$2,554,494$0$16,454,966
79$47,311,626$2,504,342$0$17,891,630
80$51,956,566$2,446,209$0$19,500,108
81$57,069,594$2,379,531$0$21,269,413
82$62,698,274$2,303,710$0$23,216,022
83$68,895,018$2,218,113$0$25,358,104
84$75,717,579$2,122,069$0$27,715,694
85$83,229,591$2,014,869$0$30,310,883
86$91,501,177$1,895,765$0$33,168,026
87$100,609,603$1,763,964$0$36,313,980
88$110,640,010$1,618,625$0$39,778,355
89$121,686,218$1,458,865$0$43,593,796
90$133,851,608$1,283,746$0$47,796,298
91$147,250,100$1,092,277$0$52,425,544
92$162,007,226$883,414$0$57,525,284
93$178,261,313$656,052$0$63,143,753
94$196,164,792$409,023$0$69,334,128
95$215,885,632$141,096$0$76,155,031
96$237,608,926$0$0$83,671,093
97$261,538,639$0$0$92,030,637
98$287,899,532$0$0$101,320,294
99$316,939,280$0$0$111,554,426
100$348,930,813$0$0$122,829,272