Can I retire at age 42 with 1,900,000?

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 $1,900,000?

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$156,900$155,503$154,139$152,808$151,509$148,999
2 years$77,673$76,227$74,825$73,465$72,147$69,626
3 years$51,268$49,815$48,417$47,070$45,773$43,319
4 years$38,068$36,619$35,235$33,911$32,646$30,277
5 years$30,150$28,710$27,344$26,047$24,817$22,541
6 years$24,873$23,444$22,098$20,830$19,637$17,456
7 years$21,105$19,688$18,363$17,126$15,970$13,886
8 years$18,280$16,876$15,574$14,366$13,249$11,260
9 years$16,085$14,694$13,414$12,237$11,157$9,263
10 years$14,329$12,952$11,694$10,548$9,506$7,705
11 years$12,894$11,530$10,295$9,180$8,176$6,466
12 years$11,698$10,349$9,137$8,052$7,085$5,464
13 years$10,688$9,353$8,163$7,109$6,178$4,643
14 years$9,822$8,501$7,335$6,310$5,416$3,965
15 years$9,073$7,766$6,622$5,628$4,769$3,399
16 years$8,418$7,125$6,004$5,039$4,214$2,923
17 years$7,840$6,562$5,463$4,528$3,737$2,520
18 years$7,328$6,064$4,987$4,080$3,323$2,179
19 years$6,869$5,620$4,566$3,687$2,962$1,887
20 years$6,457$5,222$4,190$3,339$2,645$1,637
21 years$6,085$4,864$3,854$3,031$2,367$1,422
22 years$5,747$4,540$3,552$2,755$2,122$1,237
23 years$5,439$4,247$3,280$2,509$1,905$1,077
24 years$5,157$3,979$3,033$2,289$1,712$939
25 years$4,898$3,734$2,809$2,090$1,541$819
26 years$4,660$3,509$2,606$1,911$1,388$715
27 years$4,439$3,303$2,420$1,749$1,251$625
28 years$4,235$3,112$2,249$1,603$1,129$546
29 years$4,045$2,936$2,093$1,470$1,019$477
30 years$3,868$2,773$1,950$1,349$921$418
31 years$3,702$2,621$1,818$1,239$833$365
32 years$3,548$2,480$1,696$1,139$753$320
33 years$3,403$2,349$1,583$1,047$682$280
34 years$3,266$2,226$1,479$963$617$245
35 years$3,138$2,111$1,383$887$559$215
36 years$3,018$2,004$1,294$817$507$188
37 years$2,904$1,903$1,211$752$459$165
38 years$2,796$1,809$1,134$694$416$145
39 years$2,694$1,720$1,063$640$377$127
40 years$2,598$1,636$996$590$342$111
41 years$2,506$1,558$934$544$311$97
42 years$2,419$1,484$876$502$282$85
43 years$2,336$1,414$822$464$256$75
44 years$2,257$1,347$772$428$232$66
45 years$2,182$1,285$725$395$211$58
46 years$2,111$1,226$681$365$191$50
47 years$2,043$1,170$639$337$174$44
48 years$1,977$1,117$601$312$158$39
49 years$1,915$1,066$565$288$143$34
50 years$1,855$1,019$531$266$130$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,900,000, adding $4,958 every year, while hoping to spend $57,606 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: 56/28/16 Blend
41$1,900,000$1,900,000$1,900,000$1,900,000
42$2,098,914$1,998,214$1,968,764$2,207,363
43$2,251,711$2,034,834$1,973,425$2,318,244
44$2,418,163$2,071,318$1,976,312$2,432,305
45$2,599,601$2,107,598$1,977,304$2,555,246
46$2,797,491$2,143,602$1,976,275$2,687,929
47$3,013,447$2,179,250$1,973,092$2,831,306
48$3,249,245$2,214,460$1,967,617$2,986,425
49$3,506,840$2,249,141$1,959,704$3,154,441
50$3,788,384$2,283,195$1,949,201$3,336,631
51$4,096,247$2,316,519$1,935,947$3,534,398
52$4,433,037$2,349,001$1,919,774$3,749,293
53$4,801,628$2,380,523$1,900,507$3,983,024
54$5,205,182$2,410,957$1,877,962$4,237,477
55$5,647,183$2,440,166$1,851,946$4,514,729
56$6,131,467$2,468,005$1,822,257$4,817,071
57$6,662,258$2,494,319$1,788,685$5,147,031
58$7,244,209$2,518,942$1,751,007$5,507,394
59$7,882,445$2,541,697$1,708,992$5,901,232
60$8,582,610$2,562,396$1,662,399$6,331,935
61$9,350,921$2,580,837$1,610,974$6,803,237
62$10,194,226$2,596,809$1,554,452$7,319,259
63$11,120,067$2,610,082$1,492,556$7,884,542
64$12,136,753$2,620,416$1,424,997$8,504,097
65$13,253,439$2,627,553$1,351,471$9,183,447
66$14,480,206$2,631,220$1,271,662$9,928,680
67$15,828,164$2,631,127$1,185,239$10,746,514
68$17,309,550$2,626,965$1,091,857$11,644,352
69$18,937,844$2,618,407$991,155$12,630,359
70$20,727,900$2,605,104$882,755$13,713,536
71$22,696,081$2,586,690$766,262$14,903,808
72$24,860,416$2,562,772$641,267$16,212,118
73$27,240,767$2,532,937$507,338$17,650,532
74$29,859,018$2,496,744$364,027$19,232,352
75$32,739,282$2,453,727$210,865$20,972,243
76$35,908,123$2,403,395$47,363$22,886,375
77$39,394,813$2,345,223$0$24,992,574
78$43,231,604$2,278,659$0$27,332,194
79$47,454,031$2,203,116$0$29,915,240
80$52,101,248$2,117,975$0$32,757,598
81$57,216,400$2,022,580$0$35,885,698
82$62,847,023$1,916,236$0$39,328,674
83$69,045,497$1,798,210$0$43,118,633
84$75,869,541$1,667,725$0$47,290,965
85$83,382,751$1,523,961$0$51,884,677
86$91,655,205$1,366,049$0$56,942,759
87$100,764,124$1,193,073$0$62,512,595
88$110,794,595$1,004,064$0$68,646,410
89$121,840,379$797,998$0$75,401,764
90$134,004,792$573,795$0$82,842,096
91$147,401,681$330,311$0$91,037,329
92$162,156,498$66,341$0$100,064,525
93$178,407,481$0$0$110,008,620
94$196,306,961$0$0$121,030,822
95$216,022,798$0$0$133,194,264
96$237,739,966$0$0$146,592,654
97$261,662,294$0$0$161,351,776
98$288,014,394$0$0$177,610,239
99$317,043,779$0$0$195,520,783
100$349,023,197$0$0$215,251,723