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

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 $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%11.2%
1 years$165,158$163,687$162,252$160,851$159,483$158,677
2 years$81,761$80,239$78,763$77,332$75,944$75,131
3 years$53,966$52,437$50,965$49,547$48,182$47,387
4 years$40,071$38,547$37,089$35,696$34,364$33,593
5 years$31,737$30,221$28,783$27,418$26,123$25,378
6 years$26,182$24,678$23,261$21,926$20,670$19,952
7 years$22,216$20,724$19,330$18,027$16,810$16,120
8 years$19,243$17,765$16,393$15,122$13,946$13,283
9 years$16,931$15,467$14,120$12,881$11,744$11,109
10 years$15,083$13,634$12,310$11,103$10,007$9,398
11 years$13,572$12,137$10,837$9,663$8,606$8,024
12 years$12,314$10,894$9,618$8,476$7,458$6,902
13 years$11,250$9,845$8,593$7,483$6,503$5,973
14 years$10,339$8,949$7,721$6,643$5,701$5,196
15 years$9,550$8,175$6,971$5,924$5,020$4,539
16 years$8,861$7,500$6,320$5,304$4,436$3,979
17 years$8,253$6,907$5,751$4,766$3,934$3,500
18 years$7,713$6,383$5,250$4,295$3,497$3,086
19 years$7,231$5,915$4,806$3,881$3,117$2,727
20 years$6,797$5,497$4,411$3,515$2,785$2,415
21 years$6,406$5,120$4,057$3,190$2,492$2,143
22 years$6,050$4,779$3,739$2,900$2,234$1,904
23 years$5,726$4,470$3,452$2,642$2,005$1,694
24 years$5,429$4,188$3,193$2,409$1,802$1,509
25 years$5,156$3,930$2,957$2,200$1,622$1,345
26 years$4,905$3,694$2,743$2,012$1,461$1,201
27 years$4,673$3,476$2,547$1,841$1,317$1,072
28 years$4,458$3,276$2,368$1,687$1,188$959
29 years$4,258$3,090$2,203$1,547$1,073$857
30 years$4,071$2,919$2,052$1,420$970$767
31 years$3,897$2,759$1,913$1,304$877$687
32 years$3,734$2,611$1,785$1,198$793$615
33 years$3,582$2,472$1,667$1,102$718$552
34 years$3,438$2,343$1,557$1,014$650$494
35 years$3,304$2,222$1,456$933$588$443
36 years$3,176$2,109$1,362$860$533$398
37 years$3,057$2,003$1,275$792$483$357
38 years$2,943$1,904$1,194$730$438$320
39 years$2,836$1,811$1,119$673$397$287
40 years$2,734$1,723$1,048$621$360$258
41 years$2,638$1,640$983$573$327$232
42 years$2,546$1,562$922$529$297$208
43 years$2,459$1,488$865$488$269$187
44 years$2,376$1,418$812$451$244$168
45 years$2,297$1,352$763$416$222$151
46 years$2,222$1,290$716$384$201$136
47 years$2,150$1,231$673$355$183$122
48 years$2,081$1,175$632$328$166$109
49 years$2,016$1,122$594$303$151$98
50 years$1,953$1,072$559$280$137$88

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 $6,490 every year, while hoping to spend $37,294 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: 52/21/27 Blend
41$2,000,000$2,000,000$2,000,000$2,000,000
42$2,210,694$2,104,694$2,073,694$2,308,629
43$2,396,505$2,168,144$2,103,483$2,440,752
44$2,600,018$2,233,453$2,133,019$2,580,092
45$2,823,000$2,300,672$2,162,255$2,730,929
46$3,067,396$2,369,855$2,191,141$2,894,375
47$3,335,349$2,441,057$2,219,623$3,071,655
48$3,629,218$2,514,332$2,247,644$3,264,117
49$3,951,602$2,589,738$2,275,144$3,473,246
50$4,305,364$2,667,333$2,302,059$3,700,679
51$4,693,656$2,747,178$2,328,323$3,948,216
52$5,119,952$2,829,333$2,353,866$4,217,842
53$5,588,079$2,913,861$2,378,611$4,511,743
54$6,102,249$3,000,827$2,402,481$4,832,325
55$6,667,107$3,090,296$2,425,393$5,182,241
56$7,287,767$3,182,335$2,447,258$5,564,412
57$7,969,863$3,277,014$2,467,986$5,982,056
58$8,719,604$3,374,403$2,487,478$6,438,720
59$9,543,828$3,474,573$2,505,633$6,938,310
60$10,450,070$3,577,598$2,522,343$7,485,130
61$11,446,631$3,683,554$2,537,495$8,083,922
62$12,542,656$3,792,517$2,550,970$8,739,910
63$13,748,223$3,904,567$2,562,644$9,458,852
64$15,074,434$4,019,782$2,572,384$10,247,091
65$16,533,520$4,138,246$2,580,053$11,111,616
66$18,138,961$4,260,042$2,585,507$12,060,128
67$19,905,606$4,385,254$2,588,592$13,101,115
68$21,849,817$4,513,971$2,589,149$14,243,927
69$23,989,624$4,646,281$2,587,011$15,498,868
70$26,344,891$4,782,275$2,582,002$16,877,293
71$28,937,508$4,922,045$2,573,937$18,391,715
72$31,791,594$5,065,684$2,562,623$20,055,921
73$34,933,723$5,213,290$2,547,858$21,885,105
74$38,393,181$5,364,959$2,529,429$23,896,011
75$42,202,233$5,520,790$2,507,113$26,107,088
76$46,396,438$5,680,885$2,480,678$28,538,670
77$51,014,972$5,845,346$2,449,879$31,213,161
78$56,101,010$6,014,278$2,414,460$34,155,254
79$61,702,122$6,187,787$2,374,153$37,392,158
80$67,870,730$6,365,981$2,328,679$40,953,859
81$74,664,598$6,548,967$2,277,744$44,873,399
82$82,147,379$6,736,859$2,221,040$49,187,193
83$90,389,214$6,929,767$2,158,247$53,935,372
84$99,467,395$7,127,807$2,089,029$59,162,156
85$109,467,092$7,331,092$2,013,035$64,916,281
86$120,482,159$7,539,740$1,929,896$71,251,452
87$132,616,021$7,753,868$1,839,229$78,226,853
88$145,982,644$7,973,597$1,740,632$85,907,708
89$160,707,616$8,199,045$1,633,685$94,365,892
90$176,929,329$8,430,335$1,517,950$103,680,615
91$194,800,288$8,667,588$1,392,968$113,939,167
92$214,488,545$8,910,928$1,258,261$125,237,742
93$236,179,292$9,160,479$1,113,327$137,682,352
94$260,076,601$9,416,364$957,646$151,389,819
95$286,405,358$9,678,709$790,670$166,488,888
96$315,413,377$9,947,638$611,830$183,121,435
97$347,373,746$10,223,277$420,531$201,443,813
98$382,587,401$10,505,751$216,152$221,628,324
99$421,385,968$10,795,184$0$243,864,850
100$464,134,890$11,091,702$0$268,363,208