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%13.8%
1 years$152,771$151,410$150,083$148,787$147,522$145,197
2 years$75,629$74,221$72,856$71,532$70,248$67,913
3 years$49,919$48,504$47,142$45,831$44,568$42,294
4 years$37,066$35,656$34,308$33,019$31,787$29,591
5 years$29,356$27,954$26,624$25,362$24,164$22,053
6 years$24,218$22,827$21,516$20,282$19,120$17,097
7 years$20,550$19,170$17,880$16,675$15,550$13,615
8 years$17,799$16,432$15,164$13,988$12,900$11,053
9 years$15,661$14,307$13,061$11,915$10,864$9,104
10 years$13,952$12,611$11,386$10,271$9,256$7,582
11 years$12,554$11,227$10,024$8,939$7,961$6,370
12 years$11,391$10,077$8,896$7,840$6,899$5,390
13 years$10,407$9,106$7,948$6,922$6,016$4,587
14 years$9,564$8,277$7,142$6,144$5,273$3,922
15 years$8,834$7,562$6,448$5,480$4,643$3,366
16 years$8,196$6,938$5,846$4,907$4,104$2,899
17 years$7,634$6,389$5,320$4,408$3,638$2,504
18 years$7,135$5,904$4,856$3,973$3,235$2,167
19 years$6,689$5,472$4,446$3,590$2,884$1,880
20 years$6,288$5,085$4,080$3,251$2,576$1,633
21 years$5,925$4,736$3,753$2,951$2,305$1,421
22 years$5,596$4,421$3,459$2,683$2,066$1,238
23 years$5,296$4,135$3,194$2,443$1,855$1,080
24 years$5,022$3,874$2,953$2,229$1,667$943
25 years$4,770$3,636$2,736$2,035$1,500$824
26 years$4,537$3,417$2,537$1,861$1,351$720
27 years$4,322$3,216$2,356$1,703$1,218$630
28 years$4,123$3,030$2,190$1,561$1,099$552
29 years$3,938$2,859$2,038$1,431$993$483
30 years$3,766$2,700$1,898$1,313$897$423
31 years$3,605$2,552$1,770$1,206$811$371
32 years$3,454$2,415$1,651$1,109$733$325
33 years$3,313$2,287$1,542$1,019$664$285
34 years$3,180$2,167$1,441$938$601$250
35 years$3,056$2,056$1,347$863$544$220
36 years$2,938$1,951$1,260$795$493$193
37 years$2,827$1,853$1,179$733$447$169
38 years$2,722$1,761$1,104$675$405$148
39 years$2,623$1,675$1,035$623$367$130
40 years$2,529$1,593$970$574$333$114
41 years$2,440$1,517$909$530$302$101
42 years$2,355$1,444$853$489$274$88
43 years$2,275$1,376$800$451$249$78
44 years$2,198$1,312$751$417$226$68
45 years$2,125$1,251$705$385$205$60
46 years$2,055$1,193$663$356$186$53
47 years$1,989$1,139$622$329$169$46
48 years$1,925$1,087$585$304$154$41
49 years$1,864$1,038$550$281$140$36
50 years$1,806$992$517$259$127$31

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 $5,213 every year, while hoping to spend $35,345 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: 68/9/23 Blend
41$1,850,000$1,850,000$1,850,000$1,850,000
42$2,044,077$1,946,027$1,917,352$2,170,800
43$2,214,966$2,003,776$1,943,977$2,314,141
44$2,402,101$2,063,169$1,970,309$2,466,335
45$2,607,102$2,124,251$1,996,300$2,632,000
46$2,831,753$2,187,066$2,021,903$2,812,463
47$3,078,018$2,251,658$2,047,063$3,009,188
48$3,348,061$2,318,074$2,071,724$3,223,789
49$3,644,265$2,386,362$2,095,829$3,458,042
50$3,969,255$2,456,568$2,119,314$3,713,904
51$4,325,922$2,528,743$2,142,114$3,993,529
52$4,717,450$2,602,936$2,164,159$4,299,294
53$5,147,349$2,679,199$2,185,377$4,633,814
54$5,619,482$2,757,583$2,205,691$4,999,972
55$6,138,106$2,838,142$2,225,019$5,400,944
56$6,707,911$2,920,929$2,243,275$5,840,229
57$7,334,064$3,006,000$2,260,370$6,321,682
58$8,022,255$3,093,411$2,276,210$6,849,552
59$8,778,756$3,183,219$2,290,693$7,428,518
60$9,610,474$3,275,481$2,303,716$8,063,739
61$10,525,020$3,370,257$2,315,168$8,760,897
62$11,530,779$3,467,607$2,324,934$9,526,253
63$12,636,991$3,567,592$2,332,891$10,366,709
64$13,853,833$3,670,273$2,338,912$11,289,867
65$15,192,521$3,775,714$2,342,863$12,304,105
66$16,665,412$3,883,977$2,344,602$13,418,656
67$18,286,120$3,995,128$2,343,983$14,643,693
68$20,069,646$4,109,232$2,340,848$15,990,427
69$22,032,520$4,226,354$2,335,037$17,471,212
70$24,192,954$4,346,562$2,326,377$19,099,661
71$26,571,015$4,469,924$2,314,691$20,890,777
72$29,188,816$4,596,507$2,299,790$22,861,091
73$32,070,720$4,726,381$2,281,478$25,028,820
74$35,243,575$4,859,615$2,259,549$27,414,041
75$38,736,962$4,996,279$2,233,787$30,038,877
76$42,583,479$5,136,444$2,203,966$32,927,708
77$46,819,045$5,280,180$2,169,849$36,107,401
78$51,483,238$5,427,559$2,131,189$39,607,562
79$56,619,671$5,578,652$2,087,727$43,460,818
80$62,276,402$5,733,531$2,039,190$47,703,126
81$68,506,387$5,892,267$1,985,296$52,374,107
82$75,367,982$6,054,931$1,925,746$57,517,427
83$82,925,488$6,221,595$1,860,231$63,181,205
84$91,249,765$6,392,329$1,788,426$69,418,469
85$100,418,892$6,567,205$1,709,989$76,287,656
86$110,518,913$6,746,292$1,624,568$83,853,165
87$121,644,640$6,929,659$1,531,789$92,185,964
88$133,900,555$7,117,373$1,431,265$101,364,261
89$147,401,790$7,309,503$1,322,591$111,474,243
90$162,275,218$7,506,114$1,205,343$122,610,888
91$178,660,646$7,707,269$1,079,078$134,878,865
92$196,712,139$7,913,032$943,334$148,393,518
93$216,599,469$8,123,463$797,628$163,281,961
94$238,509,722$8,338,620$641,455$179,684,273
95$262,649,059$8,558,558$474,290$197,754,824
96$289,244,667$8,783,330$295,582$217,663,734
97$318,546,896$9,012,987$104,757$239,598,474
98$350,831,630$9,247,574$0$263,765,642
99$386,402,885$9,487,133$0$290,417,180
100$425,595,680$9,731,704$0$319,808,731