Can I retire at age 42 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$153,597$152,229$150,894$149,591$148,319$144,969
2 years$76,038$74,622$73,250$71,919$70,628$67,271
3 years$50,189$48,766$47,397$46,079$44,809$41,550
4 years$37,266$35,848$34,493$33,197$31,958$28,822
5 years$29,515$28,106$26,768$25,499$24,294$21,289
6 years$24,349$22,950$21,633$20,392$19,223$16,353
7 years$20,661$19,274$17,977$16,765$15,634$12,899
8 years$17,896$16,521$15,246$14,064$12,970$10,369
9 years$15,746$14,385$13,131$11,979$10,922$8,454
10 years$14,027$12,679$11,448$10,326$9,306$6,968
11 years$12,622$11,288$10,079$8,987$8,004$5,792
12 years$11,452$10,131$8,945$7,883$6,936$4,847
13 years$10,463$9,156$7,991$6,959$6,048$4,078
14 years$9,615$8,322$7,180$6,178$5,302$3,447
15 years$8,882$7,602$6,483$5,509$4,668$2,924
16 years$8,241$6,975$5,878$4,933$4,126$2,488
17 years$7,675$6,424$5,348$4,432$3,658$2,123
18 years$7,173$5,936$4,882$3,994$3,253$1,815
19 years$6,725$5,501$4,470$3,609$2,899$1,555
20 years$6,322$5,112$4,102$3,269$2,590$1,334
21 years$5,957$4,762$3,773$2,967$2,317$1,145
22 years$5,626$4,445$3,477$2,697$2,077$985
23 years$5,325$4,157$3,211$2,457$1,865$848
24 years$5,049$3,895$2,969$2,241$1,676$730
25 years$4,795$3,655$2,750$2,046$1,508$630
26 years$4,562$3,435$2,551$1,871$1,358$543
27 years$4,346$3,233$2,369$1,713$1,225$469
28 years$4,146$3,047$2,202$1,569$1,105$405
29 years$3,959$2,874$2,049$1,439$998$349
30 years$3,786$2,714$1,909$1,321$902$302
31 years$3,624$2,566$1,779$1,213$815$261
32 years$3,473$2,428$1,660$1,115$737$226
33 years$3,331$2,299$1,550$1,025$667$195
34 years$3,198$2,179$1,448$943$604$169
35 years$3,072$2,067$1,354$868$547$146
36 years$2,954$1,962$1,267$800$496$126
37 years$2,843$1,863$1,186$737$449$109
38 years$2,737$1,771$1,110$679$407$94
39 years$2,637$1,684$1,040$626$369$82
40 years$2,543$1,602$975$577$335$71
41 years$2,453$1,525$914$533$304$61
42 years$2,368$1,452$858$492$276$53
43 years$2,287$1,384$805$454$250$46
44 years$2,210$1,319$755$419$227$40
45 years$2,136$1,258$709$387$206$34
46 years$2,066$1,200$666$358$187$30
47 years$2,000$1,145$626$330$170$26
48 years$1,936$1,093$588$305$154$22
49 years$1,874$1,044$553$282$140$19
50 years$1,816$997$520$261$127$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,860,000, adding $2,414 every year, while hoping to spend $35,843 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: 68/17/15 Blend
41$1,860,000$1,860,000$1,860,000$1,860,000
42$2,052,210$1,953,630$1,924,800$2,184,421
43$2,223,399$2,011,221$1,951,144$2,330,418
44$2,410,847$2,070,433$1,977,170$2,485,578
45$2,616,177$2,131,307$2,002,828$2,654,379
46$2,841,172$2,193,886$2,028,067$2,838,159
47$3,087,797$2,258,213$2,052,833$3,038,390
48$3,358,219$2,324,331$2,077,070$3,256,694
49$3,654,821$2,392,287$2,100,715$3,494,856
50$3,980,229$2,462,126$2,123,705$3,754,842
51$4,337,336$2,533,894$2,145,973$4,038,818
52$4,729,329$2,607,639$2,167,448$4,349,169
53$5,159,716$2,683,409$2,188,054$4,688,522
54$5,632,366$2,761,254$2,207,711$5,059,771
55$6,151,535$2,841,224$2,226,338$5,466,105
56$6,721,917$2,923,369$2,243,846$5,911,033
57$7,348,680$3,007,742$2,260,142$6,398,426
58$8,037,519$3,094,395$2,275,130$6,932,543
59$8,794,706$3,183,380$2,288,707$7,518,081
60$9,627,153$3,274,753$2,300,766$8,160,211
61$10,542,474$3,368,567$2,311,193$8,864,631
62$11,549,059$3,464,879$2,319,870$9,637,619
63$12,656,149$3,563,745$2,326,673$10,486,093
64$13,873,930$3,665,222$2,331,469$11,417,673
65$15,213,619$3,769,366$2,334,122$12,440,757
66$16,687,581$3,876,237$2,334,488$13,564,596
67$18,309,434$3,985,894$2,332,413$14,799,385
68$20,094,188$4,098,394$2,327,741$16,156,355
69$22,058,379$4,213,799$2,320,304$17,647,884
70$24,220,226$4,332,168$2,309,927$19,287,608
71$26,599,807$4,453,561$2,296,426$21,090,556
72$29,219,241$4,578,040$2,279,611$23,073,284
73$32,102,906$4,705,666$2,259,280$25,254,038
74$35,277,657$4,836,499$2,235,221$27,652,924
75$38,773,092$4,970,601$2,207,214$30,292,095
76$42,621,820$5,108,033$2,175,029$33,195,965
77$46,859,775$5,248,856$2,138,422$36,391,433
78$51,526,554$5,393,131$2,097,140$39,908,144
79$56,665,786$5,540,919$2,050,919$43,778,764
80$62,325,552$5,692,279$1,999,480$48,039,287
81$68,558,829$5,847,272$1,942,533$52,729,380
82$75,423,997$6,005,955$1,879,775$57,892,754
83$82,985,385$6,168,387$1,810,888$63,577,576
84$91,313,880$6,334,625$1,735,539$69,836,925
85$100,487,599$6,504,724$1,653,382$76,729,295
86$110,592,617$6,678,738$1,564,053$84,319,140
87$121,723,788$6,856,720$1,467,173$92,677,492
88$133,985,636$7,038,722$1,362,346$101,882,626
89$147,493,343$7,224,791$1,249,156$112,020,796
90$162,373,833$7,414,975$1,127,172$123,187,059
91$178,766,972$7,609,317$995,940$135,486,161
92$196,826,888$7,807,858$854,989$149,033,535
93$216,723,424$8,010,637$703,825$163,956,385
94$238,643,743$8,217,688$541,933$180,394,890
95$262,794,093$8,429,042$368,776$198,503,526
96$289,401,752$8,644,727$183,791$218,452,526
97$318,717,176$8,864,764$0$240,429,484
98$351,016,361$9,089,170$0$264,643,309
99$386,603,449$9,317,959$0$291,351,171
100$425,813,598$9,551,136$0$320,774,777