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%18.4%
1 years$165,158$163,687$162,252$160,851$159,483$154,070
2 years$81,761$80,239$78,763$77,332$75,944$70,545
3 years$53,966$52,437$50,965$49,547$48,182$42,966
4 years$40,071$38,547$37,089$35,696$34,364$29,371
5 years$31,737$30,221$28,783$27,418$26,123$21,366
6 years$26,182$24,678$23,261$21,926$20,670$16,154
7 years$22,216$20,724$19,330$18,027$16,810$12,534
8 years$19,243$17,765$16,393$15,122$13,946$9,905
9 years$16,931$15,467$14,120$12,881$11,744$7,935
10 years$15,083$13,634$12,310$11,103$10,007$6,422
11 years$13,572$12,137$10,837$9,663$8,606$5,240
12 years$12,314$10,894$9,618$8,476$7,458$4,302
13 years$11,250$9,845$8,593$7,483$6,503$3,550
14 years$10,339$8,949$7,721$6,643$5,701$2,941
15 years$9,550$8,175$6,971$5,924$5,020$2,444
16 years$8,861$7,500$6,320$5,304$4,436$2,037
17 years$8,253$6,907$5,751$4,766$3,934$1,702
18 years$7,713$6,383$5,250$4,295$3,497$1,424
19 years$7,231$5,915$4,806$3,881$3,117$1,193
20 years$6,797$5,497$4,411$3,515$2,785$1,001
21 years$6,406$5,120$4,057$3,190$2,492$841
22 years$6,050$4,779$3,739$2,900$2,234$707
23 years$5,726$4,470$3,452$2,642$2,005$595
24 years$5,429$4,188$3,193$2,409$1,802$501
25 years$5,156$3,930$2,957$2,200$1,622$422
26 years$4,905$3,694$2,743$2,012$1,461$355
27 years$4,673$3,476$2,547$1,841$1,317$300
28 years$4,458$3,276$2,368$1,687$1,188$253
29 years$4,258$3,090$2,203$1,547$1,073$213
30 years$4,071$2,919$2,052$1,420$970$180
31 years$3,897$2,759$1,913$1,304$877$152
32 years$3,734$2,611$1,785$1,198$793$128
33 years$3,582$2,472$1,667$1,102$718$108
34 years$3,438$2,343$1,557$1,014$650$91
35 years$3,304$2,222$1,456$933$588$77
36 years$3,176$2,109$1,362$860$533$65
37 years$3,057$2,003$1,275$792$483$55
38 years$2,943$1,904$1,194$730$438$46
39 years$2,836$1,811$1,119$673$397$39
40 years$2,734$1,723$1,048$621$360$33
41 years$2,638$1,640$983$573$327$28
42 years$2,546$1,562$922$529$297$24
43 years$2,459$1,488$865$488$269$20
44 years$2,376$1,418$812$451$244$17
45 years$2,297$1,352$763$416$222$14
46 years$2,222$1,290$716$384$201$12
47 years$2,150$1,231$673$355$183$10
48 years$2,081$1,175$632$328$166$9
49 years$2,016$1,122$594$303$151$7
50 years$1,953$1,072$559$280$137$6

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 $2,125 every year, while hoping to spend $44,754 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: 43/40/17 Blend
41$2,000,000$2,000,000$2,000,000$2,000,000
42$2,206,192$2,100,192$2,069,192$2,290,062
43$2,383,606$2,155,483$2,090,892$2,404,588
44$2,577,616$2,211,984$2,111,819$2,524,010
45$2,789,867$2,269,706$2,131,900$2,652,443
46$3,022,173$2,328,661$2,151,057$2,790,737
47$3,276,527$2,388,858$2,169,211$2,939,827
48$3,555,127$2,450,307$2,186,274$3,100,744
49$3,860,393$2,513,015$2,202,157$3,274,622
50$4,194,990$2,576,989$2,216,766$3,462,709
51$4,561,852$2,642,234$2,230,000$3,666,381
52$4,964,211$2,708,754$2,241,755$3,887,153
53$5,405,628$2,776,550$2,251,922$4,126,693
54$5,890,024$2,845,623$2,260,383$4,386,840
55$6,421,718$2,915,971$2,267,018$4,669,619
56$7,005,470$2,987,590$2,271,699$4,977,259
57$7,646,519$3,060,473$2,274,292$5,312,219
58$8,350,639$3,134,612$2,274,657$5,677,206
59$9,124,192$3,209,995$2,272,645$6,075,204
60$9,974,183$3,286,608$2,268,102$6,509,500
61$10,908,332$3,364,434$2,260,865$6,983,716
62$11,935,142$3,443,452$2,250,765$7,501,843
63$13,063,984$3,523,638$2,237,623$8,068,280
64$14,305,178$3,604,964$2,221,251$8,687,873
65$15,670,096$3,687,398$2,201,453$9,365,963
66$17,171,270$3,770,904$2,178,025$10,108,437
67$18,822,501$3,855,440$2,150,751$10,921,781
68$20,639,001$3,940,961$2,119,406$11,813,144
69$22,637,527$4,027,416$2,083,754$12,790,403
70$24,836,542$4,114,747$2,043,548$13,862,241
71$27,256,393$4,202,893$1,998,529$15,038,227
72$29,919,493$4,291,783$1,948,428$16,328,907
73$32,850,542$4,381,341$1,892,962$17,745,902
74$36,076,755$4,471,485$1,831,834$19,302,023
75$39,628,119$4,562,122$1,764,735$21,011,386
76$43,537,675$4,653,154$1,691,342$22,889,550
77$47,841,832$4,744,473$1,611,315$24,953,664
78$52,580,707$4,835,960$1,524,303$27,222,625
79$57,798,506$4,927,489$1,429,934$29,717,264
80$63,543,940$5,018,922$1,327,823$32,460,537
81$69,870,682$5,110,110$1,217,565$35,477,745
82$76,837,878$5,200,892$1,098,740$38,796,772
83$84,510,700$5,291,094$970,906$42,448,352
84$92,960,964$5,380,529$833,604$46,466,357
85$102,267,805$5,468,998$686,352$50,888,116
86$112,518,425$5,556,283$528,649$55,754,774
87$123,808,917$5,642,154$359,972$61,111,676
88$136,245,168$5,726,361$179,772$67,008,797
89$149,943,860$5,808,638$0$73,501,217
90$165,033,573$5,888,699$0$80,651,913
91$181,655,992$5,966,240$0$88,560,462
92$199,967,251$6,040,934$0$97,268,069
93$220,139,402$6,112,432$0$106,856,114
94$242,362,041$6,180,361$0$117,414,284
95$266,844,095$6,244,323$0$129,041,411
96$293,815,793$6,303,896$0$141,846,415
97$323,530,843$6,358,626$0$155,949,326
98$356,268,822$6,408,031$0$171,482,423
99$392,337,816$6,451,600$0$188,591,478
100$432,077,330$6,488,784$0$207,437,139