Can I retire at age 42 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$157,726$156,321$154,950$153,612$152,306$151,219
2 years$78,082$76,628$75,219$73,852$72,527$71,431
3 years$51,538$50,077$48,671$47,318$46,014$44,943
4 years$38,268$36,812$35,420$34,090$32,818$31,780
5 years$30,308$28,861$27,488$26,184$24,947$23,946
6 years$25,004$23,567$22,214$20,940$19,740$18,776
7 years$21,216$19,792$18,460$17,216$16,054$15,128
8 years$18,377$16,965$15,656$14,442$13,318$12,430
9 years$16,169$14,771$13,484$12,301$11,216$10,365
10 years$14,405$13,020$11,756$10,604$9,557$8,743
11 years$12,962$11,591$10,350$9,228$8,219$7,442
12 years$11,760$10,404$9,185$8,095$7,122$6,381
13 years$10,744$9,402$8,206$7,146$6,211$5,505
14 years$9,874$8,546$7,373$6,344$5,444$4,773
15 years$9,121$7,807$6,657$5,657$4,794$4,155
16 years$8,462$7,163$6,036$5,066$4,237$3,631
17 years$7,882$6,597$5,492$4,551$3,756$3,182
18 years$7,366$6,095$5,014$4,102$3,340$2,796
19 years$6,906$5,649$4,590$3,706$2,977$2,463
20 years$6,491$5,250$4,212$3,357$2,659$2,173
21 years$6,117$4,890$3,874$3,046$2,380$1,921
22 years$5,778$4,564$3,571$2,770$2,133$1,700
23 years$5,468$4,269$3,297$2,523$1,915$1,507
24 years$5,185$4,000$3,049$2,301$1,721$1,337
25 years$4,924$3,754$2,824$2,101$1,549$1,188
26 years$4,684$3,528$2,619$1,921$1,395$1,056
27 years$4,463$3,320$2,432$1,759$1,258$939
28 years$4,257$3,128$2,261$1,611$1,135$836
29 years$4,066$2,951$2,104$1,478$1,025$745
30 years$3,888$2,787$1,960$1,356$926$664
31 years$3,722$2,635$1,827$1,245$837$592
32 years$3,566$2,493$1,705$1,145$757$528
33 years$3,421$2,361$1,592$1,052$685$471
34 years$3,284$2,238$1,487$968$620$421
35 years$3,155$2,122$1,391$891$562$376
36 years$3,034$2,014$1,301$821$509$336
37 years$2,919$1,913$1,218$756$461$300
38 years$2,811$1,818$1,140$697$418$268
39 years$2,708$1,729$1,068$643$379$240
40 years$2,611$1,645$1,001$593$344$214
41 years$2,519$1,566$939$547$312$192
42 years$2,432$1,491$881$505$283$171
43 years$2,349$1,421$826$466$257$153
44 years$2,269$1,354$776$430$233$137
45 years$2,194$1,292$728$397$212$123
46 years$2,122$1,232$684$367$192$110
47 years$2,053$1,176$643$339$175$98
48 years$1,988$1,122$604$313$159$88
49 years$1,925$1,072$568$290$144$79
50 years$1,865$1,024$534$268$131$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,910,000, adding $6,588 every year, while hoping to spend $31,448 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: 76/19/5 Blend
41$1,910,000$1,910,000$1,910,000$1,910,000
42$2,111,616$2,010,386$1,980,781$2,270,966
43$2,293,540$2,075,434$2,013,676$2,441,558
44$2,492,967$2,142,616$2,046,620$2,623,768
45$2,711,647$2,212,002$2,079,580$2,822,546
46$2,951,512$2,283,667$2,112,523$3,039,523
47$3,214,687$2,357,687$2,145,413$3,276,492
48$3,503,512$2,434,141$2,178,211$3,535,427
49$3,820,566$2,513,110$2,210,877$3,818,503
50$4,168,690$2,594,679$2,243,368$4,128,113
51$4,551,014$2,678,935$2,275,638$4,466,893
52$4,970,983$2,765,969$2,307,638$4,837,745
53$5,432,396$2,855,874$2,339,316$5,243,867
54$5,939,436$2,948,748$2,370,619$5,688,779
55$6,496,712$3,044,689$2,401,488$6,176,357
56$7,109,300$3,143,803$2,431,861$6,710,871
57$7,782,795$3,246,196$2,461,675$7,297,025
58$8,523,360$3,351,978$2,490,861$7,939,998
59$9,337,783$3,461,266$2,519,345$8,645,497
60$10,233,547$3,574,178$2,547,053$9,419,806
61$11,218,893$3,690,837$2,573,903$10,269,850
62$12,302,902$3,811,370$2,599,811$11,203,254
63$13,495,580$3,935,909$2,624,687$12,228,422
64$14,807,951$4,064,591$2,648,436$13,354,607
65$16,252,163$4,197,556$2,670,959$14,592,007
66$17,841,599$4,334,952$2,692,152$15,951,855
67$19,591,006$4,476,928$2,711,903$17,446,527
68$21,516,634$4,623,643$2,730,097$19,089,658
69$23,636,388$4,775,259$2,746,612$20,896,268
70$25,969,996$4,931,943$2,761,320$22,882,909
71$28,539,196$5,093,869$2,774,085$25,067,815
72$31,367,944$5,261,218$2,784,767$27,471,076
73$34,482,632$5,434,176$2,793,215$30,114,828
74$37,912,347$5,612,937$2,799,273$33,023,461
75$41,689,136$5,797,700$2,802,778$36,223,847
76$45,848,313$5,988,673$2,803,557$39,745,597
77$50,428,794$6,186,071$2,801,429$43,621,334
78$55,473,458$6,390,115$2,796,204$47,887,007
79$61,029,557$6,601,037$2,787,683$52,582,225
80$67,149,159$6,819,076$2,775,658$57,750,635
81$73,889,640$7,044,477$2,759,909$63,440,328
82$81,314,225$7,277,498$2,740,208$69,704,295
83$89,492,584$7,518,404$2,716,314$76,600,927
84$98,501,492$7,767,470$2,687,974$84,194,567
85$108,425,550$8,024,982$2,654,927$92,556,114
86$119,357,984$8,291,234$2,616,895$101,763,690
87$131,401,527$8,566,532$2,573,589$111,903,384
88$144,669,385$8,851,195$2,524,707$123,070,056
89$159,286,309$9,145,551$2,469,932$135,368,236
90$175,389,770$9,449,940$2,408,932$148,913,111
91$193,131,256$9,764,717$2,341,360$163,831,608
92$212,677,703$10,090,247$2,266,855$180,263,593
93$234,213,070$10,426,910$2,185,036$198,363,192
94$257,940,076$10,775,101$2,095,507$218,300,245
95$284,082,109$11,135,227$1,997,852$240,261,905
96$312,885,343$11,507,711$1,891,639$264,454,409
97$344,621,053$11,892,994$1,776,414$291,105,020
98$379,588,179$12,291,530$1,651,702$320,464,173
99$418,116,149$12,703,791$1,517,010$352,807,840
100$460,567,987$13,130,267$1,371,820$388,440,131