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

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$152,771$151,410$150,083$148,787$147,522$145,739
2 years$75,629$74,221$72,856$71,532$70,248$68,454
3 years$49,919$48,504$47,142$45,831$44,568$42,818
4 years$37,066$35,656$34,308$33,019$31,787$30,094
5 years$29,356$27,954$26,624$25,362$24,164$22,534
6 years$24,218$22,827$21,516$20,282$19,120$17,555
7 years$20,550$19,170$17,880$16,675$15,550$14,050
8 years$17,799$16,432$15,164$13,988$12,900$11,466
9 years$15,661$14,307$13,061$11,915$10,864$9,494
10 years$13,952$12,611$11,386$10,271$9,256$7,951
11 years$12,554$11,227$10,024$8,939$7,961$6,718
12 years$11,391$10,077$8,896$7,840$6,899$5,717
13 years$10,407$9,106$7,948$6,922$6,016$4,893
14 years$9,564$8,277$7,142$6,144$5,273$4,209
15 years$8,834$7,562$6,448$5,480$4,643$3,635
16 years$8,196$6,938$5,846$4,907$4,104$3,150
17 years$7,634$6,389$5,320$4,408$3,638$2,738
18 years$7,135$5,904$4,856$3,973$3,235$2,385
19 years$6,689$5,472$4,446$3,590$2,884$2,083
20 years$6,288$5,085$4,080$3,251$2,576$1,822
21 years$5,925$4,736$3,753$2,951$2,305$1,596
22 years$5,596$4,421$3,459$2,683$2,066$1,400
23 years$5,296$4,135$3,194$2,443$1,855$1,229
24 years$5,022$3,874$2,953$2,229$1,667$1,081
25 years$4,770$3,636$2,736$2,035$1,500$951
26 years$4,537$3,417$2,537$1,861$1,351$838
27 years$4,322$3,216$2,356$1,703$1,218$738
28 years$4,123$3,030$2,190$1,561$1,099$651
29 years$3,938$2,859$2,038$1,431$993$574
30 years$3,766$2,700$1,898$1,313$897$507
31 years$3,605$2,552$1,770$1,206$811$448
32 years$3,454$2,415$1,651$1,109$733$395
33 years$3,313$2,287$1,542$1,019$664$349
34 years$3,180$2,167$1,441$938$601$309
35 years$3,056$2,056$1,347$863$544$273
36 years$2,938$1,951$1,260$795$493$241
37 years$2,827$1,853$1,179$733$447$213
38 years$2,722$1,761$1,104$675$405$189
39 years$2,623$1,675$1,035$623$367$167
40 years$2,529$1,593$970$574$333$148
41 years$2,440$1,517$909$530$302$131
42 years$2,355$1,444$853$489$274$116
43 years$2,275$1,376$800$451$249$102
44 years$2,198$1,312$751$417$226$91
45 years$2,125$1,251$705$385$205$80
46 years$2,055$1,193$663$356$186$71
47 years$1,989$1,139$622$329$169$63
48 years$1,925$1,087$585$304$154$56
49 years$1,864$1,038$550$281$140$49
50 years$1,806$992$517$259$127$44

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 $5,329 every year, while hoping to spend $40,538 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: 46/48/6 Blend
41$1,850,000$1,850,000$1,850,000$1,850,000
42$2,044,197$1,946,147$1,917,472$2,134,672
43$2,209,573$1,998,376$1,938,575$2,249,635
44$2,390,458$2,051,806$1,959,027$2,369,599
45$2,588,393$2,106,452$1,978,762$2,498,777
46$2,805,071$2,162,330$1,997,712$2,638,031
47$3,042,360$2,219,455$2,015,807$2,788,311
48$3,302,313$2,277,842$2,032,969$2,950,661
49$3,587,195$2,337,502$2,049,120$3,126,230
50$3,899,499$2,398,449$2,064,175$3,316,283
51$4,241,970$2,460,695$2,078,047$3,522,213
52$4,617,631$2,524,250$2,090,642$3,745,552
53$5,029,814$2,589,122$2,101,863$3,987,986
54$5,482,186$2,655,321$2,111,607$4,251,373
55$5,978,790$2,722,852$2,119,766$4,537,759
56$6,524,076$2,791,721$2,126,228$4,849,396
57$7,122,948$2,861,932$2,130,872$5,188,764
58$7,780,807$2,933,485$2,133,575$5,558,594
59$8,503,604$3,006,381$2,134,205$5,961,895
60$9,297,895$3,080,617$2,132,624$6,401,980
61$10,170,902$3,156,189$2,128,689$6,882,499
62$11,130,581$3,233,089$2,122,247$7,407,473
63$12,185,699$3,311,308$2,113,140$7,981,331
64$13,345,912$3,390,834$2,101,202$8,608,951
65$14,621,860$3,471,651$2,086,258$9,295,710
66$16,025,268$3,553,739$2,068,125$10,047,529
67$17,569,050$3,637,077$2,046,612$10,870,932
68$19,267,438$3,721,639$2,021,519$11,773,109
69$21,136,111$3,807,394$1,992,634$12,761,979
70$23,192,346$3,894,308$1,959,739$13,846,269
71$25,455,178$3,982,342$1,922,603$15,035,595
72$27,945,581$4,071,451$1,880,985$16,340,553
73$30,686,666$4,161,588$1,834,634$17,772,816
74$33,703,896$4,252,696$1,783,284$19,345,251
75$37,025,330$4,344,714$1,726,661$21,072,031
76$40,681,885$4,437,577$1,664,475$22,968,780
77$44,707,627$4,531,208$1,596,425$25,052,709
78$49,140,095$4,625,528$1,522,196$27,342,787
79$54,020,652$4,720,446$1,441,457$29,859,917
80$59,394,877$4,815,866$1,353,863$32,627,133
81$65,312,992$4,911,681$1,259,055$35,669,820
82$71,830,340$5,007,775$1,156,656$39,015,950
83$79,007,902$5,104,025$1,046,272$42,696,348
84$86,912,879$5,200,292$927,493$46,744,987
85$95,619,318$5,296,432$799,889$51,199,301
86$105,208,815$5,392,284$663,012$56,100,547
87$115,771,285$5,487,677$516,394$61,494,188
88$127,405,809$5,582,426$359,546$67,430,328
89$140,221,569$5,676,332$191,958$73,964,182
90$154,338,878$5,769,181$13,098$81,156,598
91$169,890,315$5,860,743$0$89,074,635
92$187,021,979$5,950,771$0$97,803,572
93$205,894,862$6,039,000$0$107,415,104
94$226,686,374$6,125,147$0$117,998,181
95$249,592,012$6,208,907$0$129,651,751
96$274,827,210$6,289,956$0$142,484,858
97$302,629,367$6,367,946$0$156,617,670
98$333,260,093$6,442,505$0$172,182,616
99$367,007,672$6,513,238$0$189,325,632
100$404,189,789$6,579,720$0$208,207,546