Can I retire at age 42 with 1,650,000?

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 $1,650,000?

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$136,255$135,042$133,858$132,702$131,573$128,393
2 years$67,453$66,197$64,979$63,799$62,654$59,469
3 years$44,522$43,260$42,046$40,877$39,750$36,660
4 years$33,059$31,801$30,599$29,449$28,350$25,378
5 years$26,183$24,932$23,746$22,620$21,551$18,706
6 years$21,600$20,359$19,190$18,089$17,053$14,338
7 years$18,328$17,098$15,947$14,872$13,869$11,284
8 years$15,875$14,656$13,524$12,476$11,505$9,049
9 years$13,968$12,761$11,649$10,627$9,689$7,360
10 years$12,444$11,248$10,156$9,160$8,256$6,051
11 years$11,197$10,013$8,941$7,972$7,100$5,017
12 years$10,159$8,987$7,935$6,993$6,153$4,188
13 years$9,281$8,122$7,089$6,174$5,365$3,514
14 years$8,530$7,383$6,370$5,480$4,703$2,962
15 years$7,879$6,744$5,751$4,887$4,141$2,506
16 years$7,310$6,188$5,214$4,376$3,660$2,126
17 years$6,809$5,699$4,745$3,932$3,245$1,809
18 years$6,363$5,266$4,331$3,543$2,885$1,542
19 years$5,966$4,880$3,965$3,202$2,572$1,317
20 years$5,608$4,535$3,639$2,900$2,297$1,126
21 years$5,285$4,224$3,347$2,632$2,056$964
22 years$4,991$3,943$3,085$2,393$1,843$827
23 years$4,724$3,688$2,848$2,179$1,654$709
24 years$4,479$3,455$2,634$1,988$1,487$609
25 years$4,254$3,243$2,440$1,815$1,338$523
26 years$4,047$3,048$2,263$1,660$1,205$450
27 years$3,855$2,868$2,101$1,519$1,086$387
28 years$3,677$2,703$1,953$1,392$980$333
29 years$3,512$2,550$1,818$1,276$885$287
30 years$3,359$2,408$1,693$1,171$800$247
31 years$3,215$2,276$1,578$1,076$723$213
32 years$3,081$2,154$1,473$989$654$183
33 years$2,955$2,040$1,375$909$592$158
34 years$2,837$1,933$1,285$837$536$136
35 years$2,725$1,834$1,201$770$485$117
36 years$2,621$1,740$1,124$709$440$101
37 years$2,522$1,653$1,052$653$399$87
38 years$2,428$1,571$985$602$361$75
39 years$2,340$1,494$923$555$328$65
40 years$2,256$1,421$865$512$297$56
41 years$2,176$1,353$811$473$270$48
42 years$2,101$1,288$761$436$245$42
43 years$2,029$1,228$714$403$222$36
44 years$1,960$1,170$670$372$202$31
45 years$1,895$1,116$629$343$183$27
46 years$1,833$1,064$591$317$166$23
47 years$1,774$1,016$555$293$151$20
48 years$1,717$970$522$271$137$17
49 years$1,663$926$490$250$124$15
50 years$1,611$885$461$231$113$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,650,000, adding $3,753 every year, while hoping to spend $45,295 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: 81/13/6 Blend
41$1,650,000$1,650,000$1,650,000$1,650,000
42$1,822,171$1,734,721$1,709,146$1,968,702
43$1,959,839$1,771,529$1,718,209$2,101,907
44$2,110,031$1,808,622$1,726,057$2,241,654
45$2,273,977$1,845,967$1,732,603$2,393,637
46$2,453,030$1,883,527$1,737,752$2,559,051
47$2,648,680$1,921,261$1,741,408$2,739,216
48$2,862,568$1,959,125$1,743,468$2,935,585
49$3,096,499$1,997,072$1,743,824$3,149,755
50$3,352,463$2,035,050$1,742,363$3,383,488
51$3,632,649$2,073,002$1,738,967$3,638,725
52$3,939,469$2,110,869$1,733,512$3,917,601
53$4,275,577$2,148,584$1,725,867$4,222,470
54$4,643,899$2,186,077$1,715,896$4,555,924
55$5,047,654$2,223,271$1,703,455$4,920,818
56$5,490,389$2,260,086$1,688,396$5,320,300
57$5,976,011$2,296,433$1,670,560$5,757,833
58$6,508,823$2,332,217$1,649,782$6,237,237
59$7,093,565$2,367,338$1,625,892$6,762,717
60$7,735,457$2,401,685$1,598,707$7,338,907
61$8,440,249$2,435,144$1,568,040$7,970,914
62$9,214,278$2,467,589$1,533,693$8,664,364
63$10,064,521$2,498,888$1,495,458$9,425,454
64$10,998,665$2,528,897$1,453,119$10,261,014
65$12,025,181$2,557,465$1,406,451$11,178,569
66$13,153,398$2,584,429$1,355,216$12,186,412
67$14,393,595$2,609,617$1,299,166$13,293,678
68$15,757,097$2,632,842$1,238,042$14,510,434
69$17,256,379$2,653,910$1,171,575$15,847,775
70$18,905,188$2,672,610$1,099,481$17,317,924
71$20,718,668$2,688,719$1,021,465$18,934,350
72$22,713,506$2,701,999$937,217$20,711,898
73$24,908,085$2,712,199$846,416$22,666,923
74$27,322,662$2,719,049$748,723$24,817,450
75$29,979,555$2,722,264$643,787$27,183,338
76$32,903,356$2,721,541$531,240$29,786,476
77$36,121,160$2,716,558$410,698$32,650,983
78$39,662,822$2,706,974$281,760$35,803,435
79$43,561,239$2,692,425$144,008$39,273,123
80$47,852,658$2,672,526$0$43,092,322
81$52,577,019$2,646,870$0$47,296,792
82$57,778,331$2,615,023$0$51,935,388
83$63,505,089$2,576,527$0$57,042,105
84$69,810,728$2,530,896$0$62,664,573
85$76,754,127$2,477,615$0$68,855,281
86$84,400,168$2,416,139$0$75,672,069
87$92,820,345$2,345,889$0$83,178,674
88$102,093,437$2,266,255$0$91,445,334
89$112,306,256$2,176,589$0$100,549,450
90$123,554,459$2,076,208$0$110,576,316
91$135,943,458$1,964,386$0$121,619,924
92$149,589,408$1,840,358$0$133,783,853
93$164,620,305$1,703,313$0$147,182,245
94$181,177,197$1,552,396$0$161,940,885
95$199,415,509$1,386,701$0$178,198,385
96$219,506,513$1,205,272$0$196,107,496
97$241,638,944$1,007,097$0$215,836,549
98$266,020,780$791,108$0$237,571,044
99$292,881,205$556,178$0$261,515,401
100$322,472,772$301,115$0$287,894,893