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%12.4%
1 years$165,158$163,687$162,252$160,851$159,483$157,883
2 years$81,761$80,239$78,763$77,332$75,944$74,333
3 years$53,966$52,437$50,965$49,547$48,182$46,609
4 years$40,071$38,547$37,089$35,696$34,364$32,842
5 years$31,737$30,221$28,783$27,418$26,123$24,656
6 years$26,182$24,678$23,261$21,926$20,670$19,260
7 years$22,216$20,724$19,330$18,027$16,810$15,457
8 years$19,243$17,765$16,393$15,122$13,946$12,650
9 years$16,931$15,467$14,120$12,881$11,744$10,506
10 years$15,083$13,634$12,310$11,103$10,007$8,824
11 years$13,572$12,137$10,837$9,663$8,606$7,479
12 years$12,314$10,894$9,618$8,476$7,458$6,385
13 years$11,250$9,845$8,593$7,483$6,503$5,483
14 years$10,339$8,949$7,721$6,643$5,701$4,732
15 years$9,550$8,175$6,971$5,924$5,020$4,101
16 years$8,861$7,500$6,320$5,304$4,436$3,566
17 years$8,253$6,907$5,751$4,766$3,934$3,110
18 years$7,713$6,383$5,250$4,295$3,497$2,719
19 years$7,231$5,915$4,806$3,881$3,117$2,383
20 years$6,797$5,497$4,411$3,515$2,785$2,092
21 years$6,406$5,120$4,057$3,190$2,492$1,839
22 years$6,050$4,779$3,739$2,900$2,234$1,620
23 years$5,726$4,470$3,452$2,642$2,005$1,428
24 years$5,429$4,188$3,193$2,409$1,802$1,260
25 years$5,156$3,930$2,957$2,200$1,622$1,113
26 years$4,905$3,694$2,743$2,012$1,461$984
27 years$4,673$3,476$2,547$1,841$1,317$871
28 years$4,458$3,276$2,368$1,687$1,188$771
29 years$4,258$3,090$2,203$1,547$1,073$683
30 years$4,071$2,919$2,052$1,420$970$605
31 years$3,897$2,759$1,913$1,304$877$537
32 years$3,734$2,611$1,785$1,198$793$476
33 years$3,582$2,472$1,667$1,102$718$422
34 years$3,438$2,343$1,557$1,014$650$375
35 years$3,304$2,222$1,456$933$588$333
36 years$3,176$2,109$1,362$860$533$296
37 years$3,057$2,003$1,275$792$483$263
38 years$2,943$1,904$1,194$730$438$233
39 years$2,836$1,811$1,119$673$397$207
40 years$2,734$1,723$1,048$621$360$184
41 years$2,638$1,640$983$573$327$164
42 years$2,546$1,562$922$529$297$145
43 years$2,459$1,488$865$488$269$129
44 years$2,376$1,418$812$451$244$115
45 years$2,297$1,352$763$416$222$102
46 years$2,222$1,290$716$384$201$91
47 years$2,150$1,231$673$355$183$81
48 years$2,081$1,175$632$328$166$72
49 years$2,016$1,122$594$303$151$64
50 years$1,953$1,072$559$280$137$57

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 $5,227 every year, while hoping to spend $34,341 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: 71/15/14 Blend
41$2,000,000$2,000,000$2,000,000$2,000,000
42$2,209,392$2,103,392$2,072,392$2,359,040
43$2,398,211$2,169,919$2,105,278$2,525,544
44$2,605,139$2,238,556$2,138,116$2,703,097
45$2,831,986$2,309,368$2,170,866$2,896,568
46$3,080,748$2,382,426$2,203,488$3,107,523
47$3,353,619$2,457,800$2,235,941$3,337,686
48$3,653,021$2,535,565$2,268,177$3,588,954
49$3,981,618$2,615,796$2,300,149$3,863,419
50$4,342,345$2,698,572$2,331,807$4,163,381
51$4,738,436$2,783,974$2,363,094$4,491,377
52$5,173,453$2,872,086$2,393,955$4,850,197
53$5,651,321$2,962,994$2,424,328$5,242,918
54$6,176,362$3,056,786$2,454,148$5,672,926
55$6,753,338$3,153,556$2,483,349$6,143,952
56$7,387,495$3,253,397$2,511,859$6,660,105
57$8,084,614$3,356,408$2,539,601$7,225,914
58$8,851,063$3,462,690$2,566,495$7,846,363
59$9,693,856$3,572,347$2,592,458$8,526,947
60$10,620,724$3,685,487$2,617,400$9,273,719
61$11,640,183$3,802,220$2,641,227$10,093,344
62$12,761,615$3,922,662$2,663,842$10,993,168
63$13,995,358$4,046,931$2,685,139$11,981,283
64$15,352,802$4,175,148$2,705,009$13,066,606
65$16,846,499$4,307,441$2,723,337$14,258,959
66$18,490,275$4,443,940$2,740,003$15,569,164
67$20,299,368$4,584,777$2,754,877$17,009,146
68$22,290,565$4,730,093$2,767,828$18,592,042
69$24,482,366$4,880,030$2,778,712$20,332,329
70$26,895,152$5,034,737$2,787,384$22,245,957
71$29,551,383$5,194,364$2,793,687$24,350,499
72$32,475,807$5,359,071$2,797,459$26,665,321
73$35,695,693$5,529,019$2,798,527$29,211,759
74$39,241,089$5,704,377$2,796,713$32,013,324
75$43,145,105$5,885,316$2,791,828$35,095,923
76$47,444,225$6,072,016$2,783,674$38,488,100
77$52,178,653$6,264,662$2,772,044$42,221,312
78$57,392,689$6,463,444$2,756,721$46,330,218
79$63,135,149$6,668,558$2,737,476$50,853,011
80$69,459,824$6,880,207$2,714,072$55,831,777
81$76,425,990$7,098,601$2,686,257$61,312,891
82$84,098,965$7,323,957$2,653,771$67,347,455
83$92,550,725$7,556,496$2,616,338$73,991,781
84$101,860,585$7,796,451$2,573,671$81,307,921
85$112,115,946$8,044,058$2,525,471$89,364,255
86$123,413,120$8,299,565$2,471,421$98,236,130
87$135,858,238$8,563,223$2,411,194$108,006,581
88$149,568,253$8,835,296$2,344,443$118,767,104
89$164,672,042$9,116,053$2,270,810$130,618,526
90$181,311,625$9,405,773$2,189,916$143,671,956
91$199,643,500$9,704,746$2,101,368$158,049,831
92$219,840,127$10,013,268$2,004,753$173,887,073
93$242,091,548$10,331,647$1,899,641$191,332,363
94$266,607,188$10,660,199$1,785,581$210,549,543
95$293,617,826$10,999,254$1,662,103$231,719,163
96$323,377,775$11,349,148$1,528,714$255,040,186
97$356,167,283$11,710,231$1,384,901$280,731,864
98$392,295,178$12,082,865$1,230,127$309,035,810
99$432,101,781$12,467,420$1,063,831$340,218,276
100$475,962,122$12,864,282$885,428$374,572,669