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

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$153,597$152,229$150,894$149,591$148,319$144,851
2 years$76,038$74,622$73,250$71,919$70,628$67,154
3 years$50,189$48,766$47,397$46,079$44,809$41,438
4 years$37,266$35,848$34,493$33,197$31,958$28,715
5 years$29,515$28,106$26,768$25,499$24,294$21,188
6 years$24,349$22,950$21,633$20,392$19,223$16,258
7 years$20,661$19,274$17,977$16,765$15,634$12,809
8 years$17,896$16,521$15,246$14,064$12,970$10,285
9 years$15,746$14,385$13,131$11,979$10,922$8,375
10 years$14,027$12,679$11,448$10,326$9,306$6,894
11 years$12,622$11,288$10,079$8,987$8,004$5,723
12 years$11,452$10,131$8,945$7,883$6,936$4,783
13 years$10,463$9,156$7,991$6,959$6,048$4,019
14 years$9,615$8,322$7,180$6,178$5,302$3,393
15 years$8,882$7,602$6,483$5,509$4,668$2,874
16 years$8,241$6,975$5,878$4,933$4,126$2,442
17 years$7,675$6,424$5,348$4,432$3,658$2,081
18 years$7,173$5,936$4,882$3,994$3,253$1,776
19 years$6,725$5,501$4,470$3,609$2,899$1,519
20 years$6,322$5,112$4,102$3,269$2,590$1,301
21 years$5,957$4,762$3,773$2,967$2,317$1,116
22 years$5,626$4,445$3,477$2,697$2,077$958
23 years$5,325$4,157$3,211$2,457$1,865$823
24 years$5,049$3,895$2,969$2,241$1,676$708
25 years$4,795$3,655$2,750$2,046$1,508$610
26 years$4,562$3,435$2,551$1,871$1,358$525
27 years$4,346$3,233$2,369$1,713$1,225$452
28 years$4,146$3,047$2,202$1,569$1,105$390
29 years$3,959$2,874$2,049$1,439$998$336
30 years$3,786$2,714$1,909$1,321$902$290
31 years$3,624$2,566$1,779$1,213$815$250
32 years$3,473$2,428$1,660$1,115$737$216
33 years$3,331$2,299$1,550$1,025$667$186
34 years$3,198$2,179$1,448$943$604$161
35 years$3,072$2,067$1,354$868$547$139
36 years$2,954$1,962$1,267$800$496$120
37 years$2,843$1,863$1,186$737$449$104
38 years$2,737$1,771$1,110$679$407$90
39 years$2,637$1,684$1,040$626$369$77
40 years$2,543$1,602$975$577$335$67
41 years$2,453$1,525$914$533$304$58
42 years$2,368$1,452$858$492$276$50
43 years$2,287$1,384$805$454$250$43
44 years$2,210$1,319$755$419$227$37
45 years$2,136$1,258$709$387$206$32
46 years$2,066$1,200$666$358$187$28
47 years$2,000$1,145$626$330$170$24
48 years$1,936$1,093$588$305$154$21
49 years$1,874$1,044$553$282$140$18
50 years$1,816$997$520$261$127$16

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 $6,677 every year, while hoping to spend $34,362 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: 62/31/7 Blend
41$1,860,000$1,860,000$1,860,000$1,860,000
42$2,056,607$1,958,027$1,929,197$2,180,899
43$2,229,820$2,017,410$1,957,265$2,324,095
44$2,419,549$2,078,550$1,985,120$2,475,717
45$2,627,443$2,141,499$2,012,721$2,640,321
46$2,855,316$2,206,306$2,040,022$2,819,162
47$3,105,169$2,273,025$2,066,973$3,013,619
48$3,379,202$2,341,710$2,093,522$3,225,211
49$3,679,842$2,412,415$2,119,617$3,455,610
50$4,009,761$2,485,198$2,145,198$3,706,654
51$4,371,900$2,560,116$2,170,206$3,980,369
52$4,769,501$2,637,229$2,194,575$4,278,985
53$5,206,135$2,716,598$2,218,239$4,604,956
54$5,685,735$2,798,286$2,241,124$4,960,984
55$6,212,635$2,882,357$2,263,156$5,350,047
56$6,791,607$2,968,876$2,284,256$5,775,421
57$7,427,911$3,057,911$2,304,338$6,240,714
58$8,127,340$3,149,531$2,323,316$6,749,903
59$8,896,278$3,243,806$2,341,095$7,307,363
60$9,741,755$3,340,810$2,357,579$7,917,917
61$10,671,519$3,440,615$2,372,663$8,586,874
62$11,694,107$3,543,298$2,386,240$9,320,083
63$12,818,923$3,648,936$2,398,196$10,123,987
64$14,056,328$3,757,610$2,408,411$11,005,684
65$15,417,740$3,869,399$2,416,759$11,972,990
66$16,915,738$3,984,387$2,423,109$13,034,518
67$18,564,180$4,102,660$2,427,321$14,199,756
68$20,378,340$4,224,304$2,429,249$15,479,155
69$22,375,043$4,349,407$2,428,742$16,884,230
70$24,572,831$4,478,061$2,425,638$18,427,667
71$26,992,132$4,610,359$2,419,769$20,123,443
72$29,655,458$4,746,394$2,410,959$21,986,955
73$32,587,611$4,886,264$2,399,023$24,035,169
74$35,815,925$5,030,068$2,383,767$26,286,778
75$39,370,514$5,177,906$2,364,988$28,762,375
76$43,284,564$5,329,881$2,342,473$31,484,654
77$47,594,642$5,486,098$2,315,999$34,478,616
78$52,341,042$5,646,664$2,285,332$37,771,809
79$57,568,166$5,811,688$2,250,227$41,394,589
80$63,324,938$5,981,280$2,210,430$45,380,401
81$69,665,274$6,155,554$2,165,670$49,766,098
82$76,648,580$6,334,625$2,115,669$54,592,290
83$84,340,324$6,518,611$2,060,133$59,903,721
84$92,812,644$6,707,629$1,998,754$65,749,697
85$102,145,033$6,901,802$1,931,212$72,184,547
86$112,425,089$7,101,253$1,857,170$79,268,138
87$123,749,340$7,306,107$1,776,277$87,066,436
88$136,224,157$7,516,490$1,688,167$95,652,135
89$149,966,756$7,732,533$1,592,455$105,105,334
90$165,106,303$7,954,365$1,488,740$115,514,300
91$181,785,136$8,182,120$1,376,604$126,976,297
92$200,160,108$8,415,931$1,255,607$139,598,504
93$220,404,062$8,655,935$1,125,293$153,499,028
94$242,707,470$8,902,269$985,184$168,808,016
95$267,280,224$9,155,073$834,780$185,668,885
96$294,353,622$9,414,487$673,561$204,239,676
97$324,182,548$9,680,652$500,981$224,694,541
98$357,047,876$9,953,713$316,472$247,225,393
99$393,259,128$10,233,813$119,443$272,043,713
100$433,157,387$10,521,098$0$299,382,545