Can I retire at age 42 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$154,423$153,047$151,705$150,395$149,116$146,646
2 years$76,447$75,023$73,643$72,306$71,008$68,526
3 years$50,458$49,028$47,652$46,327$45,050$42,635
4 years$37,467$36,041$34,679$33,376$32,130$29,799
5 years$29,674$28,257$26,912$25,636$24,425$22,185
6 years$24,480$23,074$21,749$20,501$19,327$17,181
7 years$20,772$19,377$18,073$16,855$15,718$13,666
8 years$17,992$16,610$15,328$14,139$13,039$11,082
9 years$15,831$14,462$13,202$12,044$10,981$9,117
10 years$14,103$12,747$11,510$10,382$9,356$7,584
11 years$12,690$11,348$10,133$9,035$8,047$6,364
12 years$11,514$10,186$8,993$7,925$6,973$5,377
13 years$10,519$9,205$8,034$6,997$6,081$4,570
14 years$9,667$8,367$7,219$6,211$5,330$3,902
15 years$8,930$7,643$6,518$5,539$4,693$3,345
16 years$8,285$7,013$5,909$4,960$4,148$2,877
17 years$7,716$6,458$5,377$4,456$3,678$2,481
18 years$7,212$5,968$4,909$4,016$3,270$2,144
19 years$6,761$5,531$4,494$3,629$2,915$1,857
20 years$6,356$5,140$4,124$3,286$2,604$1,611
21 years$5,989$4,787$3,793$2,983$2,330$1,400
22 years$5,657$4,469$3,496$2,712$2,088$1,218
23 years$5,354$4,180$3,228$2,470$1,875$1,060
24 years$5,076$3,916$2,985$2,253$1,685$924
25 years$4,821$3,675$2,765$2,057$1,516$806
26 years$4,586$3,454$2,564$1,881$1,366$704
27 years$4,369$3,251$2,381$1,722$1,231$615
28 years$4,168$3,063$2,214$1,577$1,111$537
29 years$3,981$2,890$2,060$1,447$1,003$470
30 years$3,807$2,729$1,919$1,328$907$411
31 years$3,644$2,580$1,789$1,219$820$360
32 years$3,492$2,441$1,669$1,121$741$315
33 years$3,349$2,312$1,558$1,030$671$276
34 years$3,215$2,191$1,456$948$607$241
35 years$3,089$2,078$1,361$873$550$211
36 years$2,970$1,972$1,274$804$499$185
37 years$2,858$1,873$1,192$741$452$162
38 years$2,752$1,780$1,116$683$410$142
39 years$2,652$1,693$1,046$629$371$125
40 years$2,557$1,611$980$581$337$109
41 years$2,466$1,533$919$536$306$96
42 years$2,381$1,460$862$494$277$84
43 years$2,299$1,391$809$456$252$74
44 years$2,222$1,326$759$421$228$65
45 years$2,148$1,265$713$389$207$57
46 years$2,078$1,206$670$359$188$50
47 years$2,010$1,151$629$332$171$44
48 years$1,946$1,099$591$307$155$38
49 years$1,885$1,049$556$284$141$33
50 years$1,826$1,002$523$262$128$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,870,000, adding $5,930 every year, while hoping to spend $21,437 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: 50/24/26 Blend
41$1,870,000$1,870,000$1,870,000$1,870,000
42$2,066,857$1,967,747$1,938,762$2,154,766
43$2,254,867$2,041,358$1,980,902$2,290,282
44$2,461,337$2,117,857$2,023,734$2,434,867
45$2,688,125$2,197,363$2,067,261$2,591,593
46$2,937,280$2,280,001$2,111,482$2,761,620
47$3,211,062$2,365,900$2,156,395$2,946,224
48$3,511,955$2,455,194$2,201,999$3,146,810
49$3,842,701$2,548,025$2,248,293$3,364,921
50$4,206,317$2,644,539$2,295,271$3,602,258
51$4,606,130$2,744,890$2,342,931$3,860,689
52$5,045,802$2,849,237$2,391,266$4,142,273
53$5,529,372$2,957,747$2,440,271$4,449,274
54$6,061,285$3,070,594$2,489,938$4,784,185
55$6,646,444$3,187,961$2,540,258$5,149,749
56$7,290,246$3,310,036$2,591,222$5,548,987
57$7,998,640$3,437,017$2,642,817$5,985,222
58$8,778,182$3,569,111$2,695,032$6,462,115
59$9,636,093$3,706,534$2,747,852$6,983,697
60$10,580,331$3,849,510$2,801,261$7,554,404
61$11,619,663$3,998,275$2,855,243$8,179,121
62$12,763,752$4,153,074$2,909,777$8,863,230
63$14,023,243$4,314,163$2,964,842$9,612,654
64$15,409,866$4,481,809$3,020,417$10,433,919
65$16,936,546$4,656,292$3,076,475$11,334,210
66$18,617,527$4,837,903$3,132,989$12,321,440
67$20,468,501$5,026,946$3,189,931$13,404,326
68$22,506,762$5,223,741$3,247,267$14,592,468
69$24,751,366$5,428,618$3,304,965$15,896,440
70$27,223,310$5,641,925$3,362,986$17,327,889
71$29,945,732$5,864,024$3,421,291$18,899,645
72$32,944,130$6,095,294$3,479,837$20,625,841
73$36,246,597$6,336,130$3,538,578$22,522,044
74$39,884,095$6,586,945$3,597,465$24,605,404
75$43,890,738$6,848,171$3,656,445$26,894,814
76$48,304,121$7,120,259$3,715,464$29,411,086
77$53,165,669$7,403,679$3,774,460$32,177,148
78$58,521,033$7,698,925$3,833,369$35,218,262
79$64,420,516$8,006,510$3,892,125$38,562,255
80$70,919,553$8,326,973$3,950,656$42,239,789
81$78,079,228$8,660,875$4,008,883$46,284,641
82$85,966,854$9,008,804$4,066,726$50,734,027
83$94,656,611$9,371,372$4,124,099$55,628,952
84$104,230,238$9,749,223$4,180,909$61,014,592
85$114,777,813$10,143,025$4,237,060$66,940,721
86$126,398,598$10,553,481$4,292,449$73,462,182
87$139,201,976$10,981,323$4,346,967$80,639,401
88$153,308,486$11,427,316$4,400,500$88,538,957
89$168,850,960$11,892,263$4,452,924$97,234,209
90$185,975,773$12,376,999$4,504,113$106,805,988
91$204,844,232$12,882,402$4,553,930$117,343,355
92$225,634,089$13,409,385$4,602,232$128,944,446
93$248,541,227$13,958,906$4,648,868$141,717,394
94$273,781,506$14,531,967$4,693,680$155,781,344
95$301,592,800$15,129,613$4,736,498$171,267,586
96$332,237,241$15,752,939$4,777,146$188,320,782
97$366,003,698$16,403,091$4,815,438$207,100,337
98$403,210,498$17,081,266$4,851,178$227,781,899
99$444,208,436$17,788,715$4,884,160$250,559,015
100$489,384,083$18,526,749$4,914,166$275,644,959