Can I retire at age 42 with 1,990,000?

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 $1,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$164,332$162,869$161,440$160,046$158,685$154,849
2 years$81,353$79,838$78,369$76,945$75,564$71,723
3 years$53,696$52,175$50,710$49,300$47,941$44,214
4 years$39,871$38,354$36,904$35,518$34,192$30,608
5 years$31,578$30,070$28,639$27,281$25,992$22,561
6 years$26,051$24,554$23,145$21,817$20,567$17,292
7 years$22,105$20,621$19,233$17,937$16,726$13,609
8 years$19,146$17,676$16,311$15,047$13,876$10,914
9 years$16,847$15,390$14,049$12,816$11,686$8,877
10 years$15,008$13,565$12,248$11,048$9,957$7,298
11 years$13,504$12,077$10,783$9,615$8,563$6,051
12 years$12,253$10,839$9,570$8,434$7,421$5,051
13 years$11,194$9,796$8,550$7,446$6,471$4,238
14 years$10,288$8,904$7,682$6,609$5,672$3,573
15 years$9,503$8,134$6,936$5,894$4,994$3,022
16 years$8,816$7,463$6,288$5,278$4,414$2,565
17 years$8,212$6,873$5,722$4,742$3,914$2,182
18 years$7,675$6,351$5,224$4,274$3,480$1,860
19 years$7,195$5,886$4,782$3,862$3,102$1,588
20 years$6,763$5,469$4,389$3,497$2,771$1,358
21 years$6,374$5,095$4,037$3,174$2,479$1,163
22 years$6,020$4,756$3,720$2,886$2,222$997
23 years$5,697$4,448$3,435$2,628$1,995$856
24 years$5,402$4,167$3,177$2,397$1,793$735
25 years$5,131$3,911$2,943$2,189$1,614$631
26 years$4,881$3,676$2,729$2,002$1,453$543
27 years$4,649$3,459$2,534$1,832$1,310$467
28 years$4,435$3,259$2,356$1,679$1,182$402
29 years$4,236$3,075$2,192$1,539$1,068$346
30 years$4,051$2,904$2,042$1,413$965$298
31 years$3,878$2,745$1,904$1,298$872$257
32 years$3,716$2,598$1,776$1,192$789$221
33 years$3,564$2,460$1,658$1,097$714$191
34 years$3,421$2,331$1,550$1,009$646$164
35 years$3,287$2,211$1,449$929$586$142
36 years$3,161$2,099$1,355$855$530$122
37 years$3,041$1,993$1,269$788$481$105
38 years$2,928$1,894$1,188$726$436$91
39 years$2,822$1,801$1,113$670$395$78
40 years$2,721$1,714$1,043$618$359$67
41 years$2,625$1,632$978$570$325$58
42 years$2,534$1,554$918$526$295$50
43 years$2,447$1,480$861$486$268$43
44 years$2,364$1,411$808$448$243$37
45 years$2,286$1,346$759$414$221$32
46 years$2,211$1,284$713$382$200$28
47 years$2,139$1,225$670$353$182$24
48 years$2,071$1,170$629$327$165$21
49 years$2,006$1,117$591$302$150$18
50 years$1,943$1,067$556$279$136$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,990,000, adding $4,389 every year, while hoping to spend $53,532 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: 46/42/12 Blend
41$1,990,000$1,990,000$1,990,000$1,990,000
42$2,197,507$2,092,037$2,061,192$2,290,975
43$2,364,695$2,137,589$2,073,285$2,401,693
44$2,547,142$2,183,580$2,083,988$2,515,897
45$2,746,349$2,229,972$2,093,199$2,638,593
46$2,963,965$2,276,730$2,100,810$2,770,588
47$3,201,808$2,323,809$2,106,706$2,912,770
48$3,461,881$2,371,164$2,110,769$3,066,119
49$3,746,386$2,418,744$2,112,873$3,231,714
50$4,057,750$2,466,494$2,112,886$3,410,744
51$4,398,643$2,514,356$2,110,671$3,604,521
52$4,772,008$2,562,262$2,106,082$3,814,489
53$5,181,085$2,610,145$2,098,967$4,042,242
54$5,629,440$2,657,927$2,089,168$4,289,534
55$6,121,005$2,705,527$2,076,516$4,558,301
56$6,660,105$2,752,856$2,060,838$4,850,676
57$7,251,509$2,799,819$2,041,949$5,169,011
58$7,900,467$2,846,314$2,019,658$5,515,898
59$8,612,761$2,892,230$1,993,763$5,894,197
60$9,394,762$2,937,449$1,964,054$6,307,058
61$10,253,488$2,981,844$1,930,310$6,757,955
62$11,196,668$3,025,278$1,892,299$7,250,718
63$12,232,818$3,067,607$1,849,781$7,789,571
64$13,371,320$3,108,674$1,802,503$8,379,169
65$14,622,507$3,148,312$1,750,200$9,024,644
66$15,997,766$3,186,342$1,692,594$9,731,655
67$17,509,640$3,222,574$1,629,398$10,506,441
68$19,171,948$3,256,805$1,560,307$11,355,881
69$20,999,915$3,288,817$1,485,007$12,287,559
70$23,010,317$3,318,380$1,403,165$13,309,834
71$25,221,635$3,345,246$1,314,436$14,431,924
72$27,654,231$3,369,153$1,218,460$15,663,991
73$30,330,542$3,389,821$1,114,858$17,017,239
74$33,275,288$3,406,952$1,003,236$18,504,020
75$36,515,705$3,420,231$883,182$20,137,949
76$40,081,804$3,429,319$754,266$21,934,038
77$44,006,653$3,433,861$616,038$23,908,837
78$48,326,686$3,433,474$468,030$26,080,590
79$53,082,050$3,427,756$309,751$28,469,410
80$58,316,981$3,416,279$140,690$31,097,470
81$64,080,223$3,398,587$0$33,989,212
82$70,425,486$3,374,197$0$37,176,668
83$77,411,951$3,342,598$0$40,704,009
84$85,104,833$3,303,248$0$44,586,022
85$93,575,989$3,255,571$0$48,858,879
86$102,904,603$3,198,957$0$53,562,451
87$113,177,927$3,132,760$0$58,740,682
88$124,492,108$3,056,298$0$64,442,010
89$136,953,091$2,968,844$0$70,719,821
90$150,677,622$2,869,634$0$77,632,957
91$165,794,348$2,757,854$0$85,246,276
92$182,445,029$2,632,647$0$93,631,258
93$200,785,880$2,493,104$0$102,866,691
94$220,989,037$2,338,264$0$113,039,412
95$243,244,192$2,167,111$0$124,245,131
96$267,760,371$1,978,572$0$136,589,333
97$294,767,917$1,771,510$0$150,188,284
98$324,520,657$1,544,726$0$165,170,123
99$357,298,297$1,296,951$0$181,676,082
100$393,409,068$1,026,846$0$199,861,816