Can I retire at age 42 with 2,000,000?

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$165,158$163,687$162,252$160,851$159,483$154,999
2 years$81,761$80,239$78,763$77,332$75,944$71,461
3 years$53,966$52,437$50,965$49,547$48,182$43,840
4 years$40,071$38,547$37,089$35,696$34,364$30,196
5 years$31,737$30,221$28,783$27,418$26,123$22,141
6 years$26,182$24,678$23,261$21,926$20,670$16,878
7 years$22,216$20,724$19,330$18,027$16,810$13,207
8 years$19,243$17,765$16,393$15,122$13,946$10,531
9 years$16,931$15,467$14,120$12,881$11,744$8,513
10 years$15,083$13,634$12,310$11,103$10,007$6,956
11 years$13,572$12,137$10,837$9,663$8,606$5,730
12 years$12,314$10,894$9,618$8,476$7,458$4,752
13 years$11,250$9,845$8,593$7,483$6,503$3,961
14 years$10,339$8,949$7,721$6,643$5,701$3,316
15 years$9,550$8,175$6,971$5,924$5,020$2,785
16 years$8,861$7,500$6,320$5,304$4,436$2,347
17 years$8,253$6,907$5,751$4,766$3,934$1,982
18 years$7,713$6,383$5,250$4,295$3,497$1,677
19 years$7,231$5,915$4,806$3,881$3,117$1,421
20 years$6,797$5,497$4,411$3,515$2,785$1,206
21 years$6,406$5,120$4,057$3,190$2,492$1,025
22 years$6,050$4,779$3,739$2,900$2,234$872
23 years$5,726$4,470$3,452$2,642$2,005$742
24 years$5,429$4,188$3,193$2,409$1,802$632
25 years$5,156$3,930$2,957$2,200$1,622$539
26 years$4,905$3,694$2,743$2,012$1,461$460
27 years$4,673$3,476$2,547$1,841$1,317$392
28 years$4,458$3,276$2,368$1,687$1,188$335
29 years$4,258$3,090$2,203$1,547$1,073$286
30 years$4,071$2,919$2,052$1,420$970$244
31 years$3,897$2,759$1,913$1,304$877$209
32 years$3,734$2,611$1,785$1,198$793$178
33 years$3,582$2,472$1,667$1,102$718$152
34 years$3,438$2,343$1,557$1,014$650$130
35 years$3,304$2,222$1,456$933$588$111
36 years$3,176$2,109$1,362$860$533$95
37 years$3,057$2,003$1,275$792$483$81
38 years$2,943$1,904$1,194$730$438$70
39 years$2,836$1,811$1,119$673$397$59
40 years$2,734$1,723$1,048$621$360$51
41 years$2,638$1,640$983$573$327$44
42 years$2,546$1,562$922$529$297$37
43 years$2,459$1,488$865$488$269$32
44 years$2,376$1,418$812$451$244$27
45 years$2,297$1,352$763$416$222$23
46 years$2,222$1,290$716$384$201$20
47 years$2,150$1,231$673$355$183$17
48 years$2,081$1,175$632$328$166$15
49 years$2,016$1,122$594$303$151$12
50 years$1,953$1,072$559$280$137$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $2,000,000, adding $4,138 every year, while hoping to spend $47,125 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: 46/36/18 Blend
41$2,000,000$2,000,000$2,000,000$2,000,000
42$2,208,268$2,102,268$2,071,268$2,298,333
43$2,383,371$2,155,139$2,090,515$2,414,483
44$2,574,755$2,209,021$2,108,827$2,535,365
45$2,784,031$2,263,913$2,126,124$2,665,514
46$3,012,972$2,319,815$2,142,319$2,805,811
47$3,263,532$2,376,723$2,157,324$2,957,229
48$3,537,861$2,434,631$2,171,043$3,120,839
49$3,838,327$2,493,533$2,183,377$3,297,820
50$4,167,539$2,553,418$2,194,222$3,489,470
51$4,528,367$2,614,275$2,203,468$3,697,222
52$4,923,976$2,676,090$2,211,000$3,922,652
53$5,357,849$2,738,845$2,216,696$4,167,497
54$5,833,823$2,802,522$2,220,429$4,433,671
55$6,356,125$2,867,098$2,222,065$4,723,284
56$6,929,410$2,932,546$2,221,465$5,038,660
57$7,558,807$2,998,838$2,218,481$5,382,359
58$8,249,964$3,065,940$2,212,958$5,757,206
59$9,009,104$3,133,814$2,204,736$6,166,309
60$9,843,082$3,202,420$2,193,644$6,613,097
61$10,759,449$3,271,712$2,179,505$7,101,348
62$11,766,526$3,341,640$2,162,131$7,635,226
63$12,873,478$3,412,146$2,141,328$8,219,319
64$14,090,402$3,483,170$2,116,892$8,858,685
65$15,428,422$3,554,645$2,088,608$9,558,898
66$16,899,796$3,626,498$2,056,251$10,326,103
67$18,518,027$3,698,648$2,019,587$11,167,070
68$20,297,993$3,771,008$1,978,370$12,089,264
69$22,256,086$3,843,485$1,932,343$13,100,910
70$24,410,366$3,915,976$1,881,236$14,211,075
71$26,780,734$3,988,369$1,824,768$15,429,754
72$29,389,116$4,060,546$1,762,645$16,767,961
73$32,259,671$4,132,378$1,694,558$18,237,837
74$35,419,017$4,203,724$1,620,186$19,852,763
75$38,896,485$4,274,435$1,539,191$21,627,489
76$42,724,395$4,344,350$1,451,221$23,578,271
77$46,938,355$4,413,296$1,355,910$25,723,028
78$51,577,606$4,481,086$1,252,872$28,081,509
79$56,685,385$4,547,522$1,141,705$30,675,483
80$62,309,332$4,612,389$1,021,991$33,528,941
81$68,501,947$4,675,459$893,290$36,668,328
82$75,321,075$4,736,486$755,145$40,122,790
83$82,830,461$4,795,210$607,079$43,924,453
84$91,100,343$4,851,350$448,591$48,108,724
85$100,208,120$4,904,608$279,160$52,714,630
86$110,239,080$4,954,666$98,244$57,785,182
87$121,287,204$5,001,182$0$63,367,788
88$133,456,055$5,043,796$0$69,532,912
89$146,859,751$5,082,121$0$76,341,251
90$161,624,047$5,115,746$0$83,837,506
91$177,887,515$5,144,233$0$92,091,759
92$195,802,859$5,167,118$0$101,181,239
93$215,538,348$5,183,905$0$111,191,059
94$237,279,411$5,194,067$0$122,215,017
95$261,230,381$5,197,046$0$134,356,481
96$287,616,427$5,192,248$0$147,729,368
97$316,685,676$5,179,042$0$162,459,222
98$348,711,559$5,156,759$0$178,684,394
99$383,995,386$5,124,688$0$196,557,356
100$422,869,193$5,082,076$0$216,246,140